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File #: 19-0273    Version: 1
Type: Consent Item Status: Agenda Ready
File created: 8/27/2019 In control: Board of County Commissioners
On agenda: 9/10/2019 Final action:
Title: FY20 Insurance Renewal
Attachments: 1. FY20 insurance renewal quotes.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Agenda Item Name:

Title

FY20 Insurance Renewal                                          

End

 

Presenter:

John Carnell

 

Description:

The quotes for renewing all lines of Insurance

 

Recommended Action:

Recommended Action

Approve Quotes

End

 

Prior Board Motions:

Board has previously approved the purchasing of Insurance

 

Fiscal Consideration:

Fiscal Consideration

Liability Insurance (GL, AL, PO) - 501-1853.-513-45.75 $263,113

Property - (Building, Auto, Crime, and Boiler and Machinery) 501-1853-513.45.40 $538,462

Workers Compensation Excess - 501-1853.-513-45-99 $355,506

Cyber Liability Insurance - 501-1853-513 -45.75- $29,886

Firefighters AD&D - 501-1853-513.45.75 $8,537

Medical Stop Loss 507-04-490-519-45.11 $827,409

Total Amount = 2,023,013.60

End

 

Background:

Property and Casualty - Board will receive a discount of $23,142 Making it an overall 8% increase

Cyber Liability remains flat

AD &D increased 2%

Medical Stop Loss will increase 37.18%