title
Approve Annual Renewal of City Insurance Policies
recommendation
That the City Council approve the following insurance policies and renewal premiums:
1. Excess Liability ($10M Limit) insurance with Alliant National Municipal Liability (ANML) Program, in the amount of $919,095.73, for the period of July 1, 2024 to July 1, 2025; and
2. Excess Liability ($5M xs $10M Limit) insurance with Starstone Specialty Insurance Company, in the amount of $254,854.60, for the period of July 1, 2024 to July 1, 2025; and
3. Excess Workers’ Compensation insurance with Safety National Casualty Insurance, in the amount of $150,846, for the period of July 1, 2024 to July 1, 2025; and
4. Property & Equipment Breakdown insurance with Hanover Insurance Company, in the amount of $189,245, for the period of July 1, 2024 to July 1, 2025; and
5. Difference in Conditions (Earth Movement and Flood) insurance with Steadfast Insurance Company and QBE Specialty Insurance Company in the amount of $365,456, for the period of July 1, 2024 to July 1, 2025; and
6. Auto Physical Damage insurance with Hanover Insurance Company, in the amount of $28,179, for the period of July 1, 2024 to July 1, 2025; and
7. Cyber Liability insurance with APIP Core, Boost & BBR, in the amount of $39,763.51, for the period of July 1, 2024 to July 1, 2025; and
8. Crime insurance with Alliant Crime Insurance Program (ACIP), in the amount of $2,422, for the period of July 1, 2024 to July 1, 2025; and
9. Pollution/Environmental Legal Liability insurance with Indian Harbor Insurance Company, in the amount of $11,783.16, for the period of July 1, 2024 to July 1, 2025; and
10. Volunteer Accident insurance with Volunteer Insurance Program (VIP), in the amount of $660, for the period of July 1, 2024 to July 1, 2025; and
11. Deadly Weapons insurance with Alliant Deadly Weapons Response Program (ADWRP), in the amount of $5,555.21, for the period of July 1, 2024 to July 1, 2025; and
12. Unmanned Aircra...
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