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File #: 0562-25    Version: 1 Name: 25-0055 Excess Insurance
Type: Agenda Item Status: Agenda Ready
File created: 6/2/2025 In control: Human Resources
On agenda: 6/10/2025 Final action:
Enactment date: Enactment #:
Title: 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 road 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 a cost of $76,906.85; pollution from Allied New World at a cost of $25,465.65; and workers' compensation from Safety National Casualty Corporation at a cost of $570,708.00; workers compensation audit and bonds from Safety National Ca...
Attachments: 1. Bluesheet Memo 25-0055, 2. LFUCG Renewal proposal 25-26 Corrected Expr Prem 5.30.25
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Title
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 road 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 a cost of $76,906.85; pollution from Allied New World at a cost of $25,465.65; and workers' compensation from Safety National Casualty Corporation at a cost of $570,708.00; workers compensation audit and bonds from Safety National Casualty Corporation at a cost of $23,389.00. Insurance policies represent $3,566,845.47 in premiums. Funds are included in the FY 2026 budget.
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 road 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 a cost of $76,906.85; pollution from Allied New World at a cost of $25,46...

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