Legislation Details

File #: 0444-26    Version: 1 Name: 26-0046- FY27 Excess Property & Casualty Insurance Renewals
Type: Resolution Status: Second Reading
File created: 5/21/2026 In control: Urban County Council
On agenda: 6/18/2026 Final action:
Enactment date: Enactment #:
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to accept the proposals for FY 2027 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 $62,209.98; general, public officials, auto, employer, and law enforcement liabilities from Safety National Casualty Corporation at a cost not to exceed $1,141,338.00; on the road auto from Safety National Casualty Corporation at a cost not to exceed $93,340.00; excess liability from Obsidian at a cost not to exceed $670,720.00; property from Liberty Mutual at a cost not to exceed $1,167,597.00; cyber from Axis Co. at a cost not to exceed $79,418.25; pollution from Allied New World at a cost not to exceed $25,945.74; workers' compensation from Saf...
Attachments: 1. Bluesheet Memo 26.0046, 2. LFUCG Renewal proposal 26-27, 3. RESO 0444-26 Insurance Renewals 4936-5513-1057 v.1.pdf
Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to accept the proposals for FY 2027 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 $62,209.98; general, public officials, auto, employer, and law enforcement liabilities from Safety National Casualty Corporation at a cost not to exceed $1,141,338.00; on the road auto from Safety National Casualty Corporation at a cost not to exceed $93,340.00; excess liability from Obsidian at a cost not to exceed $670,720.00; property from Liberty Mutual at a cost not to exceed $1,167,597.00; cyber from Axis Co. at a cost not to exceed $79,418.25; pollution from Allied New World at a cost not to exceed $25,945.74; workers' compensation from Safety National Casualty Corporation at a cost not to exceed $595,782.00; drone liability from Global Aerospace at a cost not to exceed $5,008.56; and WC Audit, Ky. Motor Fuel Bond, Ky. Self Insurance Bond, Fine Arts Policy from Safety National Casualty Corporation, Traveler's Insurance, Ky. Dept. of Insurance at a cost not to exceed $42,523.00; all subject to sufficient funds being appropriated. [Div. of Human Resources, George]


Summary
Authorization to accept the proposals for FY 2027 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 $62,209.98; general, public officials, auto, employer, and law enforcement liabilities from Safety National Casualty Corporation at a cost of $1,141,338.00; on the Rd. auto fr...

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