Iowa School Officials Given $2 Million from EMC Insurance

June 10, 2008

Aplington-Parkersburg officials were given an early payment of $2 million by EMC Insurance Companies on June 6 to help the school district take care of immediate needs.

The high school, which was destroyed by the tornado that hit Parkersburg on May 25, was insured by EMC. Aplington-Parkersburg Superintendent Jon Thompson says the school will eventually recoup its remaining losses.

The district plans to rebuild the high school, a project estimated to cost $14 million. Thompson said the district also needs to cover costs associated with relocating and holding classes and activities until the new building is ready.

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Latest Comments

  • June 10, 2008 at 1:31 am
    N. Judge says:
    You're both right. Goes to prove, believe 1/2 of what you see? (read) Most of the times, government and quasi-governmental agencies are woefully under insured.
  • June 10, 2008 at 1:23 am
    Bill says:
    You're correct on both counts. What I'd like to know is what was the school insured for? Other articles have made it sound like they were not insured for nearly enough, & will... read more
  • June 10, 2008 at 8:17 am
    Cathy says:
    The headline implies that this was a "gift" but it was really just part of the payment owed on the claim, and it wasn't given to the officials, personally, it was paid to the ... read more

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