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Home My WebLink AboutInsurance Committee Minutes 06.11.1985 A. B. M I N U T E S INSURANCE COMMITTEE DATE June 11, 1985 TIME 4:30 p.m. PLACE OF MEETING Council Chambers Members present: Chairman Bob Gauthier Andy Loebe, Don Hackmann, Don Meyers (late), Jim Flisrand (late), e 1 e ej Other's present: ed of h ;;- Uliv-a wee, Williams Agency; Marie Deonier, Tr nsamerica_Occidental; Jim Carlson & Claude Cory, Blue Croo A quorum (3 or more present the following action was taken by i the committee: The committee met to review the insurance bids which were received June 4, 1985. For all of the City's insurance, excluding health, only one bid was received which was from Williams Agency. After a discussion, the committee recommends to accept proposal #1 in the amount of $57,586.96 (this proposal has a $1,000 deductible for public official liability.) HEALTH & LIFE INSURANCE: Each agent present reviewed and explained their policy and answered questions from the committee. The committee then discussed the different bids and options presented and it was the consensus of the committee that the two insurance companies to consider are Blue Cross and United of Omaha. Another Insurance Committee meeting is scheduled for June 17, 1985, at 4:00 p.m. in the Council Chambers. Union members and anyone else interested is invited to attend. Walt Menello and Jim Carlson will be there to answer any questions. Meeting adjourned at 6:12 p.m. Respectfully submitted, Donald L. Hackmann City Clerk C ?r? YDV?? ?p? EN7 WILLIAMS AGENCY, INC.. For All Your Insurance Needs June 4, 1985 Donald L. Hackmann, City of Laurel 115 West 1st St. Laurel, MT. 59044 -? ? 4n 44-c 203 WEST 1st STREET P. 0. BOX 188 LAUREL, MONTANA 59044 TEL.: 406.628.4516 City Clerk "Insurance--Proposal" • extensive than what is called for in the specifications. The valuable papers coverage would have a $100. deductible. The garbage containers would have a $100. deductible. The deductibles for the public official liability, police professional and ambulance malpractice would differ from the specifications as indicated below. Police Professional is quoted at $500,000.-pe?r occurrence/$500,000. aggregate with a $500. deductible. Ambulance malpractice is quoted at $1,0009000. per occurrence/$1,000,000. aggregate with no deductible. Public Official Liability is quoted at $1,0009000. per occurrence/$1,000,000 aggregate. Proposal #1 includes a $1,000. deductible per public official with a maximum of $5,000. per occurrence deductible per loss. Proposal #2 includes a $500. deductible per public official with a maximum of $2,500. per I+G6NT Y/ A? Williams Agency, Inc. respectfully submits the following insurance proposal. This proposal includes coverages for: property including valuable papers; comprehensive general liability; public official liability; police professional; ambulance malpractice; treasurer's bond; public employees blanket bond; boiler & machinery; comprehensive general automobile; Inland Marine; and airport liability. This proposal follows the specifications with the following exceptions: The building and personal property it all risk coverage instead of broad form coverage. The coverage we offer is more occurrence deductible per loss. • Proposal #1 ?57,5B 96 Pry?poral #2 - $5 9 2+3.71 , See attached for clarification. 1• PROPERTY DAMAGE BUILDING AND PERSONAL PROPERTY - BLANKET BASIS Amount to be bid - $5,461,015 90% Average Clause i ftre-rhtning, Windstorm, Hail, Explos3nrt;r Smoke, Airc Vehicle, Riot, Riot --at-tending a Strike or Civil Co v6i4alism, Mali- cious Mischief, Glace-Breakage ited form), Falling Object"; Weight of Snow, ice a ett, i water.-iatuage, Collapse. $2,500.00 Deductible per occurrence Agreed Amount endorsement to be attached VALUABLE PAPERS COVERAGE - LIBRARY BOOKS Amount of coverage $236,868 ible- All risk coverage - 100, Delete metal receptacles stipulation 11 CoMpREHENSIVE GENERAL LIABILITY BODILY INJURY AND PROPERTY DAMAGE .Per occurrence - $1,000,000.00 Aggregate - $1,000,000.00 Coverage Includes: Premises Operations, Contractual, Personal Injury-Exclusion "C" Deleted, Broad Form Property Damage, Volunteer Fireman Coverage, Independent Contractors, Completed Operations,,.- Products, Fireworks Exhibitions-Sponsor's Risk Only, Underground-"U" Coverage, Employees as Additional Insureds. 0 PUBLIC OFFICIAL LIABILITY- Per Occurrence - $1,000,000.00 Aggregate - $1,000,000.00 so -sedmtible Admitted or Non-Admitted Market $1,000. deductible per public official with PR p? OSAL&I a maximum of 85,000, deductible per,.loss.. re m with this deductible would be $57,586.96. $500. deductible per public official with RROPOSAT. $z a maximum of $2,500. deductible per loss. Total premium with this deductible would be $59,243-71. THE-QNLY DIFIERENCE IN THE_-T-kLQ-ERQPOSALfi IS TU I)EAUCTIB.LE._F.QR...-THE.-PUBLIC,-I,1F.EICIAS I.- 'BI ,ITL. D_, EG,CH PRgjQ_ AL, C? J 0 -1- dy POLICE PROFESSIONAL Per Occurrence - $500,00.00; Aggregate - boo, ooo. E> , 6 Full Time Police Officers 25 Auxiliary/Reserve Officers (All of the above have arrest power). 4 Full Time, 2 Part-Time Clerical and Dispatchers 1 Two-Thirds.Time Dog Catcher/Parking Attendent Admitted or non-admitted market Average-daily population. of jail facility - 1.5 Average length of stay - about 24 hours (not to exceed 48 hours) Number of beds - 6 AMBULANCE MALPRACTICE Per occurrence - optional Bid $1,000,000.00 Aggregate - $1,000,000.00 Admitted or non-admitted market Total Attendants: 8 All are qualified in First Aid Four are certified EKTs and three are presently enrolled in a class and will be certified in April. Number of Ambulances - 2 Number of attendants per ambulance - 2 C] i I* i TREASURER'S BOND I* Bonding Limit $50,000.00 PUBLIC EMPLOYEES BLANKET BOND r Bonding Limit $10,000.00 I I is .I 1• INLAND MARINE I • I! MOBILE EQUIPMENT Amount of coverage - $432,533.00 Named Perils - $1,000..00 Deductible RADIO EQUIPMENT Amount of coverage - $48,993.00 Named Perils - $100.00 Deductible FIRE DEPARTMENT EQUIPMENT - LOCATED ON FIRE TRUCKS ie: hose, shovels, nozzels, axes, ladders, etc. Amount of coverage - $75,000.00 Named Perils - $1,000.00 Deductible EMERGENCY EQUIPMENT - LOCATED ON AMBULANCES ie: extraction equipment, heart monitors, etc. Amount of coverage - $40,000.00 Named Perils - $1,000.00 Deductible GARBAGE CONTAINERS - 817 CONTAINERS Amount of coverage - $119,491.00 Named Perils -1 1 d D. LAUREL AIRPORT AUTHORITY AIRPORT LIABILITY r BODILY INJURY AND PROPERTY DAMAGE Per occurrence - $1,0001000.00 OWNERS, LANDLORDS AND TENANTS COVERAGE AND LESSORS RISK 1 { 1 1! COMPREHENSIVE GENERAL AUTOMOBILE Code 1 - Any Automobile BODILY INJURY - PROPERTY DAMAGE Per Occurrence - $1,000,000.00 UNINSURED MOTORISTS Per Person/Per Occurence Combined Coverage - $55,000.00 NON-OWNED AUTOMOBILES i HIRED AUTOMOBILES I 10 i s J BOILER & MACHINERY $1,000,000.00 Per Occurrence ...$2,500.00 Deductible City Hall 115 W. First Street Laurel, Yellowstone Co., Mt. City Library 117 W. First St. Laurel Yellowstone Co., Mt. City Safety Complex Premises of Insured Laurel, Yellowstone Co., Mt. Water Treatment Plant Premises of Insured Laurel, Yellowstone Co., Mt. Wastewater Treatment Plant Premises of Insured Laurel, Yellowstone Co., Mt. C? , c urrw--*Sr-Po t y D,-, A-kA TAB C.4 ally C-?A 7Zt 1194.-CL u?IIPL A 300 I"AX ?oo 1 MAC' a? --7,,7b M? ?Sb -75b /00 -- 300 -4 y, /00 3*c ??+?+x, - S S ).-A- 0o S6,a? `A9 Sg (,a,o7 55?.?7 -?wp ?Ar?y /a.4, y-o 1?1.7? 10 7, 37 l 3'f; 40 118. ?-? '??? 1 1 o.lS 1s7, 7? ) 3 9• /I ??•?? 1S3,'S8 Employ.,4-C,/,'..}o?( } 9??as J1a.1? °I$•9S 104,a y 39.9 3s•9S J-se4u s9 4 S3.R?- 74.9 71.90 e /Q 000 7?ao r' 4,70 SDO S,Oe S'CO ?40 ?OuArs Full r-'e-a, Vol. FfV4W+? f P?"i ? '?1w?e? ?0 llr? 4r W?6v? Co ups Fu rr. r .. ?G 30 ??s cr li v ? ?"'+'? ` 30.64 ?i S ?'4•,?,? S'?ywL? •S'?? Awe S3 / i w L- -A LI mr r _ I -ECono Q. / W2.. 8/ U•4? P-eooc--*, b i-e. ?a o, $a a MAY- ?A o -? ? 3 0 a ?- ? 5? b ?- ?4 wo, foot'-+-y ?2 /l?? epr ck, ff $?? pno 3,60 ?'?3 s?6? ??b3 Ooeg Net C.cu?1r Or UOI. F?Y4Nnfl,n, ? a