In wake of email scam, Teton insurance premiums increase

For the Teton School District, the cost from an email scam came due this week.

The district will pay more than $77,000 to the Idaho Counties Risk Management Program. The 20 percent increase is the maximum rate hike the public insurance carrier is allowed to collect, Jeanette Boner of the Teton Valley News reported.

The rate hike stems from a $784,000 fraud case from December.

The district’s former business manager, Carl Church, submitted the electronic payment to what he purportedly thought was a construction contractor.

After the email scam came to light, the district was able to recover about $484,000 of the stolen money. ICRMP covered the remaining $300,000 balance.

 

Kevin Richert

About Kevin Richert

Senior reporter and blogger Kevin Richert specializes in education politics and education policy. He has more than 30 years of experience in Idaho journalism. He is a frequent guest on KIVI 6 On Your Side; "Idaho Reports" on Idaho Public Television; and "Idaho Matters" on Boise State Public Radio. Follow Kevin on Twitter: @KevinRichert. He can be reached at [email protected]

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