File #: 2824    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/31/2016 In control: City Council
On agenda: 9/6/2016 Final action: 9/6/2016
Title: Consider A Resolution To Bind Coverage With Texas Municipal League Inter-Governmental Risk Pool For Workers' Compensation, General Liability, Law Enforcement Liability, Errors And Omissions Liability, Crime, Automobile Liability, Automobile Physical Damage, Real And Personal Property, And Mobile Equipment Effective October 1, 2016 In An Amount Not To Exceed $585,032.00.
Attachments: 1. 2017Insurance Renewal Resolution.pdf
CC MEETING: September 6, 2016

DATE: August 31, 2016

TO: Leonard Martin, City Manager

FROM: Bob Scott, Assistant City Manager

Title
Consider A Resolution To Bind Coverage With Texas Municipal League Inter-Governmental Risk Pool For Workers' Compensation, General Liability, Law Enforcement Liability, Errors And Omissions Liability, Crime, Automobile Liability, Automobile Physical Damage, Real And Personal Property, And Mobile Equipment Effective October 1, 2016 In An Amount Not To Exceed $585,032.00.

Body
BACKGROUND:
On September 7, 2010, the City Council approved an inter-local agreement with Texas Municipal League Inter-Governmental Risk Pool (TMLIRP) for comprehensive insurance coverage including many ancillary services that had been provided by Risk Management staff. This agreement allowed the City to reorganize and reduce the staffing of its Risk Management function and provide for significant reductions in retained risk/deductible levels.

The attached resolution authorizes the City Manager to continue coverage with TMLIRP in the areas of Workers' Compensation, General Liability, Automobile Physical Damage, Automobile Liability, Law Enforcement Liability, Errors and Omissions, Crime, Real and Personal Property, and Mobile Equipment. The coverage renewal to be effective October 1, 2016.

Amounts and premiums are as follows:

Coverage Area

Premium
Per Occurrence
Aggregate
Deductible
Workers' Compensation

$130,130
Statutory
Statutory
$100,000
General Liability

$19,921
$2,000,000
$4,000,000
$50,000
Law Enforcement

$48,867
$2,000,000
$4,000,000
$50,000
Errors & Omissions

$38,438
$2,000,000
$4,000,000
$50,000
Automobile Liability

$65,449
$1,000,000 limit
$50,000
Auto Catastrophe

$31,500
$15,000,000 limit
$10,000
Auto Physical Damage

$78,374
$15,000,000 limit
$10,000
Real & Personal Property

$150,307
$183,934,996 limit
$25,000
Mobile Equipment

$17,550
$6,220,953 limit
$25,000
Crime

$4,496
$1,000,000 limit
$10,000
Total

$585,032




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