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37.

Meeting Date:	07/27/2015
Wells Fargo Insurance Services, USA., Inc. Renewal Contract
Submitted for:	Rosie Rodman	Submitted By:	Rosie Rodman
Department:	Administrative Services

Subject:

Presentation by Valley Risk, Insurance Consultant with discussion and possible action to award renewal contract of Webb County's Property and Casualty Insurance to broker Wells Fargo Insurance Services, Inc. (Two years 2015-2017) also working with OneBeacon Insurance for a total premium of $547,039.00 and with no more than a 2% increase for the 2017 plan year and to authorize the County Judge to execute all relevant documents. [Account #001-0114-6032]

Issue: Property and Casualty Insurances need to be renewed every year.

Solution: To properly gather updated information on our properties, vehicles, equipment etc, for this renewal process.

Result: Adequately insure our properties, vehicles, equipment, etc. for the protection of the County against liability issues.

Background:

Renewals are done every year.

Previous Court Action:

N/A

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
001-0114-6032

Attachments
Renewal Letter