Commissioners Court Meeting
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Meeting Date:
09/10/2018
USI Insurance renewals 2018-2019
Submitted for:
Rosie Rodman
Submitted By:
Rosie Rodman
Department:
Administrative Services
Subject:
Discussion and possible action to award renewal contract to USI for Property/Casualty, Liability Insurance, Excess Workers Compensation, Aviation Liability & Hull insurance and Boiler & Machinery Equipment Breakdown Insurance and with the option to decline TRI Terrorism coverage from USI (Broker), and also with the option to decline New coverage offered (Active Shooter & Malicious Attack) through the following insurance carriers for a total of no more without Active Shooter and without Terrorism for a total of $773,355.90 (Seven Hundred Seventy-Three Thousand Three hundred Fifty-Five dollars and Ninety cents). Total premium for Active Shooter and Terrorism is $796,206.90 (Seven Hundred Ninety-Six Thousand Two Hundred Six and Ninety cents) and authorizing the County Judge to execute all relevant documents.
[Account #1001-1180-001-452012 (Property & Casualty Premium) and #6200-1090-001-452013 (Property & Casualty Premium)
* XL Catlin
* National Union
* Travelers Casualty
* Lloyd's of London
* Safety National Casualty
* First Specialty Insurance
* Amwins
Background:
Insurance renewals for the Property and casualty are up for discussion of possible approval for new year 2018-2019. Agreement is for three (3) years ending in September 2020.
Previous Court Action:
Fiscal Impact
Budget Account Number:
n/a
Funding Source:
n/a
Balance:
n/a
Financial Impact:
We have budgeted for the insurance renewals.
Attachments
USI proposal
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