Commissioners Court Meeting

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Meeting Date:	09/23/2019
Insurance Renewal for McGriff, Seibles & Williams of Texas, Inc.
Submitted for:	Rosie Rodman	Submitted By:	Rosie Rodman
Department:	Administrative Services

Subject:

Discussion and possible action to award renewal contract to McGriff, Seibels & Williams of Texas, Inc., for the School Leaders Errors & Omissions Insurance coverage, and the Pollution and Storage Tank Liability Insurance coverage, effective October 1, 2019, thru September 30, 2020, with the option to add Terrorism for an approximate total premium not to exceed Forty Thousand Dollars ($40,000) and authorizing the County Judge to execute all relevant documents. [Account #1001-1180-001-452012 (Property Casualty Premiums)]

Background:

Insurance Renewals for the errors & omissions insurance coverage and the pollution and storage tank liability insurance are paid every year. Contract ends September 2020.

Previous Court Action:

Insurance Renewals were approved last year for McGriff Seibels and Williams. Inc. This is a three-year contract and this fiscal year 2019-2020 would be their last year of service.

Fiscal Impact

Budget Account Number:	1001
Funding Source:	1180-001-452012
Balance:	650,000.00
Financial Impact:
1001-1180-001-452012 Property Casualty Premiums.

Attachments
Renewal for McGriff, Seibels