Providing county boards of education option to obtain professional or other liability insurance coverage from other insurance carriers licensed in WV

SB 927 allows West Virginia county school boards to purchase professional liability insurance from any insurance company licensed in the state, rather than being limited to the State Board of Risk and Insurance Management. It requires a minimum of $1.25 million in coverage per incident and $5 million in excess coverage per incident (paid by the county), with policies covering negligence claims during school duties. The insurance must include specific coverages like malpractice, attorney fees, and personal injury, and school boards must annually notify staff and administrators about their coverage details. This directly affects county school boards, teachers, administrators, and school employees by expanding insurance options and setting minimum coverage standards.