C | Consideration and Approval of Contracts: Annual Workers' Comp and General Liability Insurance. | ||||||
Risk Manager Dean Coughenour provided a PowerPoint presentation that covered the following: INSURANCE RENEWALS
RENEWALS PRIOR TO A CHANGE IN RISK MANAGEMENT BROAD TYPES OF INSURANCE RESULTS OF NEW PROGRAM RENEWALS AFTER A CHANGE IN OUR PROGRAM SAVINGS COMPARED TO 2013-14 PREMIUMS – $4.1 M CRYSTAL BALL |
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Moved by Councilmember Charlie Odegaard, seconded by Councilmember Jamie Whelan to approve the renewals of the City's Workers’ Compensation agreement with CopperPoint Mutual with an estimated premium of $515,847, Property Insurance agreement with A.I.G. with an estimated premium of $234,916, and General Liability, Auto, Umbrella and associated lines of coverage with travelers Insurance with an estimated premium of $729,590. | |||||||
Vote: 6 - 0 - Unanimously | |||||||