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File #: 0562-25    Version: 1 Name: 25-0055 Excess Insurance
Type: Resolution Status: Approved
File created: 6/2/2025 In control: Urban County Council
On agenda: 6/26/2025 Final action: 6/26/2025
Enactment date: 6/26/2025 Enactment #: R-300-2025
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to accept the proposals for FY 2026 for excess liability insurance from Marsh & McLennan Insurance Agency, and to execute any necessary Contracts and documents on behalf of the Urban County Government with the following insurance companies and/or their respective broker Marsh & McLennan Agency: aviation from Westchester Fire Insurance (CHUBB) at a cost not to exceed $59,094.90; general, public officials, auto, employer, and law enforcement liabilities from Safety National Casualty Corporation at a cost not to exceed $1,066,966.18; on the road auto from Safety National Casualty Corporation at a cost not to exceed $82,893.89; excess liability from Gemini Insurance Co. at a cost not to exceed $660,240.00; property from Affiliated Factory Mutual (FM) at a cost not to exceed at $1,001,181.00; cyber from Axis Co. at a cost not to exceed $76,906.85; pollution from Illinois Union Insurance Co. (CHUBB) at a cost not t...
Attachments: 1. Bluesheet Memo 25-0055, 2. LFUCG Renewal proposal 25-26 Corrected Expr Prem 5.30.25, 3. RESO 0562-25 Insurance Renewals 4921-4718-3691 v.1.pdf, 4. R-300-2025, 5. Contract #172-2025
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to accept the proposals for FY 2026 for excess liability insurance from Marsh & McLennan Insurance Agency, and to execute any necessary Contracts and documents on behalf of the Urban County Government with the following insurance companies and/or their respective broker Marsh & McLennan Agency: aviation from Westchester Fire Insurance (CHUBB) at a cost not to exceed $59,094.90; general, public officials, auto, employer, and law enforcement liabilities from Safety National Casualty Corporation at a cost not to exceed $1,066,966.18; on the road auto from Safety National Casualty Corporation at a cost not to exceed $82,893.89; excess liability from Gemini Insurance Co. at a cost not to exceed $660,240.00; property from Affiliated Factory Mutual (FM) at a cost not to exceed at $1,001,181.00; cyber from Axis Co. at a cost not to exceed $76,906.85; pollution from Illinois Union Insurance Co. (CHUBB) at a cost not to exceed $25,465.65; and workers' compensation from Safety National Casualty Corporation at a cost not to exceed $570,708.00; all subject to sufficient funds being appropriated. [Div. of Human Resources, Skidmore]
Summary
Authorization to accept the proposals for FY 2026 for excess liability insurance from Marsh & McLennan Insurance Agency, and to execute any necessary Contracts and documents on behalf of the Urban County Government with, the following insurance companies and/or their respective broker Marsh & McLennan Agency: aviation from Westchester Fire Insurance (CHUBB) at a cost of $59,094.90; general, public officials, auto, employer, and law enforcement liabilities from Safety National Casualty Corporation at a cost of $1,066,966.18; on the Rd. auto from Safety National Casualty Corporation at a cost of $82,893.89; excess liability from Obsidian at a cost of $660,240.00; property from Affiliated Factory Mutual (FM) at a cost of $1,001,181.00; cyber from Axis Co. at ...

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