TRO STOPS TSC FROM INSURING AGAINST WINDSTORM, HAIL

The TRO was obtained by Greg Kelment, of Klement's Insurance, the current holder of the windstorm and hail property insurance contract with TSC. Judge Migdalia Lopez, of the 197th District Court issued the TRO against the TSC board of trustees preventing them from considering or voting on the matter.

Local co-broker for Klements Insurance Don De Leon said Klements motion to have the court issue the TRO caught him unaware.

"I tried to call him and he was busy," de Leon said. "I had no idea this was coming."

TSC's coverage will end at 12:01 a.m. tonight. After that, there is no insurance for the college's buildings and property for windstorm or hail.

There was only one item on the agenda of the agenda and that was the consideration and approval for the Windstorm and Hail Property Insurance. The trustees were prevented from voting for or against

Klements or the other bidders.

The rebidding of the insurance contract without board approval by former president Lily Tercero was one of the reasons that a majority of the TSC board voted to terminate her.

Tercero has renewed the windstorm policy without sending the item out for bids or even consulting the board.

The original contract provided coverage against windstorm and hail runs from April 7, 2016 to April 6, 2017.

Tercero said her her actions were intended "simply to protect the college."

The annual premium for basic windstorm protection was for $829,789, but, adding the excess windstorm protection for damage beyond a certain threshold, adds another $214,000, taking the premium to over $1 million annually.

The Klement's Insurance firm had been covering TSC for the duration of the bidding process and will expire today.