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Reso 2001-337
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Reso 2001-337
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Last modified
6/6/2013 10:35:36 AM
Creation date
1/25/2006 1:56:49 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2001-337
Date (mm/dd/yyyy)
06/21/2001
Description
– Award RFP #01-03-01, Comprehensive Insurance & Brokerage Srvs.
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<br />I1'V1S <br /> <br />Exhibit "A!' <br /> <br /> <br /> BROWN BROWN MACK GROUP <br />COVERAGE COREGI8 INSURANCE CO. ST. PAUL INSURANCE CO. <br />GENERAL LIABILITY 523.918.00 530,281.00 <br />PROPERTY INSURANCE $18,988.00 S20,OOQ.$25,OOO <br />CRIME 52,219.00 $6,416.00 <br />FLOOD $1,952.00 INCLUDED WITH PROPERTY INS. <br />GLASS $1.230.00 INCLUDED WITH PROPERTY INS. <br />AUTO $49,890.00 $45,335.00 <br />PUBLIC OFFICIALS $24,840.00 $11,733.00 <br />LAW ENFORCEMENT LlABILtlY INCLuDeD UNDER GENERAL $19,153.00 <br />LIASILIlY <br />SERVICE FEE $17,508.00 $0.00 <br />UMBRELLA $28,639.00 $30,488.00 <br />TOTAL 5188,.....00 1183,401-$188,405 <br />WORKERS' COMPENSATION $213,928.00 "5213,209 AT 30% lOSS RATIO <br />$274,183 MAXIMUM COST <br />GRAND TOTAL 1380.812.QO $31',6144442,588 <br /> <br />PROPOSl:D A RETROSPECTIVE RATING PROGRAM. THE PREMIUM IS DEPENDENT UPON <br />LOSS EXPERIENCE. ABOVE 30% LOSS RATIO PREMIUM RISES UNTIL A MAXIMUM OF 80%. AT <br />80% AND ABOVE PREMIUM IS $274,183 MAXIMUM. <br />
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