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File #: 0541-20    Version: 1 Name: FY21 Excess Property & Casualty Insurance Renewals
Type: Resolution Status: Approved
File created: 6/1/2020 In control: Urban County Council
On agenda: 6/18/2020 Final action: 6/18/2020
Enactment date: 6/18/2020 Enactment #: R-278-2020
Title: A Resolution authorizing the Mayor, on behalf of the Urban County Government, to accept the proposals for FY 2021 for Excess Liability Insurance from, 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 Co. at a cost not to exceed $23,655.26; General, Auto, Public Officials, Law Enforcement, Professional, and Excess Liability from Safety National Casualty Corporation at a cost not to exceed $478,193.17; Property from Affiliated Factory Mutual (FM) at a cost not to exceed $479,502.00; Cyber from Ace American Insurance Co. at a cost not to exceed $23,461.93; Pollution from Illinois Union Insurance Co. at a cost not to exceed $19,614.67; Workers' Compensation from Safety National Casualty Corporation at a cost not to exceed $380,437.00; the Workers' Compensation Payroll Audit from Safety National Casualty Corpora...
Attachments: 1. LFUCG FY21 Proposal, 2. Cover Ltr to Council - Mayor - FY 2021 Insurance Renewal, 3. RESOLUTION - FY21 Insurance Renewal, 4. 00687035.pdf, 5. R- 278-2020
Title

A Resolution authorizing the Mayor, on behalf of the Urban County Government, to accept the proposals for FY 2021 for Excess Liability Insurance from, 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 Co. at a cost not to exceed $23,655.26; General, Auto, Public Officials, Law Enforcement, Professional, and Excess Liability from Safety National Casualty Corporation at a cost not to exceed $478,193.17; Property from Affiliated Factory Mutual (FM) at a cost not to exceed $479,502.00; Cyber from Ace American Insurance Co. at a cost not to exceed $23,461.93; Pollution from Illinois Union Insurance Co. at a cost not to exceed $19,614.67; Workers' Compensation from Safety National Casualty Corporation at a cost not to exceed $380,437.00; the Workers' Compensation Payroll Audit from Safety National Casualty Corporation at a cost not to exceed $5,000.00; and Parks and Recreation Student Insurance from Marsh & McLennan at a cost not to exceed $4,590.00, all subject to sufficient funds being appropriated. [Div. of Risk Management, Skidmore]
Summary

Authorization to accept the proposals for FY2021 for Excess Liability Insurance from Marsh & McLennan Insurance Agency: Aviation from Westchester Fire Insurance; General, Auto, Public Officials, Law Enforcement, and Professional from Safety National Casualty Corporation; Excess Liability from Safety National Casualty Corporation; Property from Affiliated Factory Mutual (FM); Cyber from Ace American Insurance Company; Pollution from Illinois Union Insurance Company; Workers' Compensation from Safety National Casualty Corporation; the Workers' Compensation Payroll Audit; and Parks and Recreation Student Insurance; and Industrial Insured Certification, in the amount of $1,414,556.03. All subject to sufficient funds being appropriated. (L0541-2...

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