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Preview Page 2 of 3 <br /> Public Official Liability/EPLI 26,211 72,291 46,080 175.80% <br /> Automobile Liability/Physical Damage 79,474 84,872 5,398 6.79% <br /> Workers'Compensation 136,429 143,608 7,179 5.26% <br /> Government Crime 707 750 43 6.08% <br /> Marine Hull 3,039 3,039 0 0.00% <br /> Sponsored Student Activity 9,961 5,859 -4,102 -41.18% <br /> Total Annual Premium $611,126 $691,782 $80,656 <br /> Workers Compensation Deductibles Budget <br /> ACTUAL FY <br /> 10/1/11-12 10/1/12-13 <br /> Deductibles paid to PGIT <br /> @ 2,500 per claim 25,000 30,000 <br /> Total 25,000 30,000 <br /> Overall Total <br /> Total Annual Premium 691,782 <br /> Total Deductibles 30,000 <br /> Total 721,783 <br /> The insurance renewal review team (comprised of members of the Finance Department and Human Resources <br /> Department) worked closely with Brown & Brown (Robert Hollander) to review possible courses of action to reduce <br /> premiums to include increasing our deductibles in certain coverage and the feasibility of self-insurance in areas that we as a <br /> City have had good claims experience.The team unanimously agreed that renewal with PGIT with the coverage and terms <br /> indicated is our best,most cost effective,option. <br /> http://sibagenda.sibfl.net/agenda/Preview.aspx?ItemID=879&MeetinglD=O&MeetingDate... 9/13/2012 <br />