Why did insurance premium jump so high in 2024?
FROM THE GRF TREASURER
by Nick Massetti
GRF Treasurer
It is a fact that in the 2025 budget, the GRF portion of the insurance premium is $2.7 million. That is 10% of the overall budgeted expenses. In the 2023 budget, the insurance premium was $848,000 and represented 4% of the overall expense budget. To find out what actually caused this, one has to look at how the various components of





