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Home My WebLink AboutR-2005-139 Property Casualty and Worker's Comp Insurance RESOLUTION NO. 2005-139 A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA, APPROVING PAYMENT TO PUBLIC RISK INSURANCE AGENCY IN THE AMOUNT OF $984,879.00 FOR THE PURCHASE OF PACKAGE INSURANCE (TO INCLUDE COVERAGES FOR PROPERTY AND CASUALTY, CRIME AND EMPLOYEE DISHONESTY, GENERAL LIABILITY, AUTOMOTIVE LIABILITY AND PHYSICAL DAMAGE, PUBLIC OFFICIALS LIABILITY, EMPLOYMENT PRACTICES LIABILITY, STATUTORY ACCIDENTAL DEATH AND DISMEMBERMENT AND WORKERS' COMPENSATION) FOR THE PERIOD OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the Dania Beach City Commission approves the payment to Public Risk Insurance Agency in the amount of$984,879.00 for the purchase of a Comprehensive Package of Insurance for the City of Dania Beach, such package to include coverages for property and casualty, crime and employee dishonesty, general liability, public officials liability, employment practices liability, Workers' Compensation, and statutory accidental death and dismemberment, for the period from October 1, 2005 to September 30, 2006. Section 2. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 3. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED and ADOPTED on September 13, 2005. a",- 6"L, ANNE CASTRO — MAYOR-COMMISSIONER ATTEST: ROLL CALL: _ -ll COMMISSIONER ANTON - YES 4 CJ COMMISSIONER BERTINO - YES LOUISE'.STILSON ' COMMISSIONER MCELYEA - YES CITY'CLERK VICE-MAYOR FLURY - YES MAYOR CASTRO - YES APPROVED AS T FORM AND CORRECTNESS BY: "I�, - /I/� k.\r T O AS 9 4NSBRO CITY ATTORNEY • 2 RESOLUTION#2005-139 PRIA ® S1\1 ® D , . tNSURANCL� PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH TABLE OF CONTENTS Overview 1 The Agency of Public Risk Insurance Agency Preferred Governmental Insurance Trust PG1T Board of Trustees and Risk Advisory Members An Introduction to Your Service Team Property 2 Special Property Coverages and Extensions Crime/Employee Dishonesty 3 General Liability 4 Coverage Extensions Automobile Liability & Physical Damage 5 • Public Officials & Employment Practices Liability 6 Workers Compensation 7 AD&D 8 Claims Service 9 Safety and Risk Management Services Broker Recommendation/Premium Recapitulation 10 Notes of Importance Guide to Best's Ratings Page 1 of 25 PRIA ® S\1 0 • INSURANCLn PUBLIC RISK INSURANCE AGENCY THE AGENCY Public Risk Insurance Agency (PRIA) has established itself as one of the premier insurance services organizations for public entities in the United States. Our in- depth understanding of the unique risk exposures and operating environment of public entities allows us to tailor insurance products and services to effectively meet their needs. As the only independent insurance agency solely dedicated to the public entity market, we are uniquely qualified to meet and exceed the expectations of our clients. Our 12 years of insuring local governments has afforded us significant experience and insight into the unique challenges and constraints that our clients face. In March 2000, PRIA became part of the Brown and Brown, Inc. family of agencies. The merger combines the talents of PRIA's highly specialized public • entity group with the resources of the eighth largest independent insurance agency in the United States. As a Brown and Brown company, PRIA has access to hundreds of insurance markets nationwide. With premium volume exceeding $2,500,000,000, Brown and Brown is the largest agent for many national insurance companies. The buying power and premium leverage within the organization is surpassed by few agencies. PRIA focuses on developing innovative approaches towards managing your risk. Cost effective insurance products, professional service, and commitment to client's needs are our primary goals. Proof of account satisfaction is reflected by a 97% business retention rate. Page 2 of 25 PRIAIM SM . �, TNSURANCtp PUBLIC RISK INSURANCE AGENCY PREFERRED GOVERNMENTAL INSURANCE TRUST (PGIT) OVERVIEW Preferred Governmental Insurance Trust (PGIT) represents the most financially secure alternative for municipalities, counties, special districts and schools for property, liability and workers compensation insurance coverages, with a foundation built upon a personalized service commitment to its members, customized loss control initiatives and aggressive claims management. Specific coverages available through PGIT include: Property and Equipment Breakdown General Liability Contractor's Equipment EMT/Paramedic Professional Liability Electronic Data Processing Law Enforcement Professional Liability Miscellaneous Inland Marine Employee Benefits Administration Liability Crime Automobile Liability and Physical Damage Bonds (Employee Dishonesty) Public Officials Liability Environmental Impairment Liability Workers' Compensation A variety of pricing options are available, from traditional guaranteed cost to deductible programs, to loss sensitive retrospective rating plans. Following is a brief overview of the Trust structure and service components: 1. Legal Structure • Multi-line intergovernmental pool • Governed by Board of Trustees comprised of elected officials 2. Marketing • Public Risk Underwriters, Lake Mary, Florida • Kurt Heyman, Vice President-Marketing • Cindi Price, Director of Member Services 3. Underwriting • Public Risk Underwriters, Lake Mary, Florida • Mike Scholl, Vice President, Underwriting 4. Loss Control • Mike Marinan, Director of Safety & Risk Management • Dale Greene, Senior Risk Management Consultant • State of Florida approved program • Page 3 of 25 tiM c • _ � INSURANCI_„ PUBLI RIA C RISK INSURANCE AGENCY 5. Policy Issuance ® Public Risk Underwriters, Lake Mary, Florida ® PDS Management System m Integrates interlocal agreement to participate with NCCI rules and regulations 6. Auditing ® Public Risk Underwriters, Lake Mary, Florida ® Quarterly self audits for Workers' Compensation 7. Claims ® Contractually provided for PGIT by Preferred Governmental Claims Solutions located in Lake Mary, Florida ® Toll free Workers' Compensation first notice of injury reporting line (800) 275-4626 • Toll free`Workers' Compensation claims servicing line (800) 237-6617 ® Toll free Property & Casualty claims servicing line (800) 237-6617 • 8. Accounting O Larry Shores, CPA, External Accountant, Shores & Company 6 Specializes in intergovernmental pools o Audited financial statements as required by the State of Florida MISCELLANEOUS INSURANCE COVERAGES To fully serve our clientele, Public Risk Insurance Agency can offer coverage for other exposures such as: Bonds Accidental Death & Dismemberment Fiduciary Liability Special Events Primary and Excess Flood Airport Liability Workers' Compensation Aboveground & Underground Petroleum Tank Liability Environmental Liability Page 4 of 25 e® g • a ]NSURANCtr, PRIA PUBLIC RISK INSURANCE AGENCY Preferred Governmental Insurance Trust Board of Trustees Chairman Dwight E. Wolf Mayor—City of Wildwood Vice President Charles Walsey Cypress Grove Community Development District Secretary Joanna Wilkinson Commissioner—City of Haines City Board Member Robert Walker Mayor—City of Springfield Board Member Tom Rice, Sr. Supervisor—South Indian River Water Control District Board Member Joseph W. Gilliam Clerk of County Court—Gilchrist County Board Member Welton Cadwell Lake Sumter EMS Preferred Governmental Insurance Trust Risk Advisory Board Jim Dalke Marion County/City of Ocala Risk Manager Frank Hancock St. Johns Water Management District Risk Manager Carol Holtz St.Johns County School Board Risk Manager Lori Parsons City of Naples Risk Manager Robert Newell City of Port Orange Risk Manager Al Pennell Melbourne-Tillman Water Control District District Manager David Quaderer Cedar Hammock Fire Control District Fire Chief Renee Stockwell City of Bradenton Risk Manager Tera Townsend Sumter County Risk Management Coordinator Gerard Visco Brevard County BOCC Risk Management Director Michael Quigley City of Cape Coral Risk Manager Chuck Magazine Boynton Beach Risk Manager Page 5 of 25 ® . snI PRI"wA � 0 • - INSURANCt:, PUBLIC RISK INSURANCE AGENCY AN INTRODUCTION TO YOUR SERVICE TEAM Anthony Grippa Executive Vice President /Profit Center Manager Todd Higley Vice President/Account Executive W. Paul Dawson Vice President/Account Executive Timothy W. Harshey Vice President/Account Executive Michelle Martin Vice President/Account Executive Ann Hansen Director of Operations Linda Burtchett Account Representative Stephanie Mayo Account Representative Robin F'aircloth Account Representative • Ginger Bailey Account Representative Will assist with daily servicing of your account, including endorsements, client services, accounting and quality assurance. Our Service Team philosophy focuses on accountability at all levels of account management. Our goal is not simply to meet your service needs, but to exceed them. All of the employees at PRIA are dedicated to achieving this goal and distinguishing ourselves from the competition. Resumes for the above referenced personnel are included with this proposal for your review. Page 6 of 25 INSURANCT: PUBLI RIA C RISK INSURANCE AGENCY CITY OF DANIA BEACH PROPERTY— INLAND MARINE Term: October 1, 2005 to October 1, 2006 Company: Preferred Governmental Insurance Trust (PGIT) Limits of Liability: (Per schedule provided) $17,209,582 for Buildings and Contents $ 382,257 for Electronic Data Processing Equipment*** $ 190,000 for Contractor's /Mobile Equipment*** $ 8,000 for Watercraft $ 250,000 for Business Interruption $ 250,000 for Additional Expense $ 250,000 for Accounts Receivable • $1,000,000 for Flood Sublimit Deductibles: $2,500 per Occurrence—Buildings and Contents 3% of TIV Per Occurrence /Per Location for "Named" Windstorm subject to minimum of$20,000 Per Occurrence $2,500 for Flood and excess of maximum NFIP available Whether purchased or not for Zones A & V $2,500 per Occurrence—Inland Marine ***Unscheduled items are subject to a maximum value of$15,000 or less per item. Items valued above this amount must be schedule. Flood coverage in zones A or V, or within a 100 Year Flood Plain will have a special flood deductible equal to all flood insurance available for such property under the NFIP, whether purchased or not. Flood zones A will include, but not be limited to all of the sub- classifications of AO, AH,AE, AR, Al through A99, or any other sub-classification with the A prefix or designation. Flood zones V will include, but not be limited to all of the sub- classifications of VO, VH,VE,VR VI through V99, or any other sub-classification with the V prefix or designation. Please refer to policy on how above coverage applies. Subject to deductibles and certain restrictions. Page 7 of 25 � 6 INSURANCti, PRIA PUBLIC RISK INSURANCE AGENCY PROPERTY Coverage: 1. Special form (formerly "All Risk"), subject to policy exclusions. 2. Replacement Cost applicable to Buildings, Contents and EDP, subject to a 110% margin clause. All others paid per policy form. 3. No Coinsurance Clause. 4. Actual Cash Value (ACV) applies to Wharves, Piers and Docks. 5. Flood sublimit is excess of maximum NFIP available (whether purchased or not) for Zones A & V and primary for all other zones. 6. Certain coverages subject to sublimits stated in policy. Covered Property: Buildings or structures newly acquired, occupied, or constructed $1,000,000* Personal property temporarily away from premises $ 250,000 Personal property of employees $ 25,000 (limited to $1,000 per volunteer, $2,500 per employees) **Subject to 60 day reporting period Notes of Importance: 1. A signed schedule(s) of property for all property to be insured is required within 30 days of binding. The following information should be included: ® Street address or plat description ® 100% replacement cost value of all property to be insured ® Brief description of the construction of all buildings or structures at each location Functional replacement cost applies to buildings over 65 years old or other property with historical/landmark status. Page 8 of 25 e. s TNSURANCL PRIwA PUBLIC RISK INSURANCE AGENCY SPECIAL PROPERTY COVERAGES Standard ISO property coverages are provided in the Preferred Governmental Insurance Program, as well as the following: Coverage: Limit: Fine Arts (maximum per item $5,000) $100,000 Rented, Leased or Borrowed Equipment*** $ 50,000 Trees, Shrubs, and Landscape Planting (maximum per tree $1,000) $ 25,000 Excludes Wind Emergency Service Portable Equipment *** $250,000 (maximum $100,000 any one vehicle or location) Communication Equipment*** $ 50,000 Fungus Cleanup Expense Any One Occurrence $ 2,500 Annual Aggregate $ 10,000 Vacant Buildings (must be noted on the Property Schedule) $ ACV ***Unscheduled items are subject to a maximum value of$15,000 or less per item. Items valued above this amount must be schedule. Please refer to policy on how above coverage applies. Subject to deductibles and certain restrictions. Page 9 of 25 PRIAM INSURANCE, PUBLIC RISK INSURANCE AGENCY EXTENSION OF COVERAGE Coverage: Limit: Fire Department Service Charge $ 25,000 Debris Removal $250,000 Demolition Cost and Increased Cost of Construction $250,000 Pollutant Clean Up and Removal $ 50,000 Service Interruption Coverage $100,000 Errors and Omissions $ 15,000 Please refer to policy form on how above coverage applies. Subject to deductibles and restrictions as stipulated in policy. PGIT's liability for loss or damage will be limited only to the loss or damage due a covered cause of loss. Page 10 of 25 ®PRIA s"l � 0 INSURANC[=,. PUBLIC RISK INSURANCE AGENCY MAJOR EXCLUSIONS Property Not Covered: 1. Accounts, bills, currency, or other moneys, deeds, food stamps, or other evidences of debt, scrip, notes or securities except under conditions described in "Special Property Coverages" section of the policy. 2. Automobiles. 3. Dams, levees, reservoirs, tunnels, bridges, roadways, walks, patios, or other paved surfaces except under conditions described in "Special Property Coverages" section of the policy. 4. Contraband or property in the course of illegal transportation or trade. 5. Cost of excavations, grading, backfilling, or filling. 6. Land, water and growing crops. 7. Bulkheads, pilings, piers, wharves, or docks unless scheduled. Even if schedule, there is no coverage for impact of a watercraft, wave or debris driven by waves, pressure or weight of ice or water whether driven by wind or not, or sinking and settling. • 8. Property covered under another coverage form of this or any other policy in which it is more specifically described. 9. Retaining walls that are not part of buildings you own. 10. Underground tanks, pipes, flues, sewers, or drains you own that are not located on "premises" insured under this policy. 11. Electrical or communication lines, towers, and poles you own that are not located on a "premises" insured under this policy. 12. Buildings that are "vacant" except under conditions described in "Special Property Coverages" section of the policy. 13. Watercraft not included in the Inland Marine Schedule provided to us. 14. Aircraft. 15. Personal property while airborne or waterborne. Excluded Risks of Direct Physical Loss: 1. Building ordinance enforcement 2. Collapse 3. Water, except as provided under "Extensions of Coverage" 4. Utility failure, except as provided under"Special Property Coverages" 5. Government action 6. War, military action and terrorism 7. Mold 8. Nuclear reaction 9. Pollution, except as provided under "Extensions of Coverage" 10. Asbestos 11. Earthquake Page 11 of 25 ® SIM o D ."rr""' RwA 1 D • TNSURANCL, PUBLIC RISK INSURANCE AGENCY EQUIPMENT BREAKDOWN Covered Equipment: Covered Property built to operate under vacuum or pressure, other than weight of contents, or used for the generation, transmission or utilization of energy. Coverages: Equipment Breakdown Limit $17,209,581 Property Damage Included Business Interruption Included Extra Expense Included Utility Interruption Included Perishable Goods Included Ordinance or Law $100,000 Expediting Expenses Included CFC Refrigerants Included Water Damage $50,000 Ammonia Contamination $100,000 Hazardous Substance Coverage $100,000 Deductibles: Same as Property—Building and Contents Page 12 of 25 ®PRIA s"I � o INSU[2ANCti PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH CRIME Term: October 1, 2005 to October 1, 2006 Company: Preferred Governmental Insurance Trust (PGIT) Limits of Liability and Coverage: employee Dishonesty $100,000 per Loss Deductible $ 1,000 Theft, Disappearance, and Destruction Inside Premises $10,000 per Loss Deductible $ 1,000 ® Outside Premises $10,000 per Loss Deductible $ 1,000 Forgery or Alteration $25,000 per Loss Deductible $ 1,000 Notes of Importance: 1. Employee dishonesty coverage is extended to cover those employees required by Florida Statute to be separately bonded. Coverage applies in excess of the statutory bond amount. 2. Electronic Transfers are automatically covered under Computer Fraud. 3. Includes Faithful Performance. Page 13 of 25 SIN FRIwA INSURANCE, PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH GENERAL LIABILITY Term: October 1, 2005 to October 1, 2006 Company: Preferred Governmental Insurance Trust (PGIT) Form: Occurrence Limits of Liability: Primary Bodily Injury and Property $1,000,000 per Occurrence Damage Liability—Combined General Aggregate $2,000,000 Annual Deductible: $0 per Occurrence Coverage: 1. EMT/Paramedic Professional 10. Additional Persons Insured Services 11. Employee Benefits Liability 2. Premises Operations 12. Failure To Supply Water-subject to a 3. Products and Completed Operations $250,000 sublimit 4. Fire Legal Liability $50,000 13. Principle of Eminent Domain 5. "Insured" Contracts Including Inverse Condemnation 6. Host Liquor Law Liability $100,000 Per Occurrence/Annual 7. Broad Form Property Damage Aggregate Subject to $2,500 Personal Property 14. Pesticide Application Sublimit of of Others Sublimit $1,000,000 or General Liability 8. Watercraft Liability (under 52 feet) Limit, whichever is less. 9. Limited Worldwide Coverage Notes of Importance: 1. Premium is not audited. 2. Defense Costs are paid in addition to policy limits. 3. Limits of Liability are subject to Florida Statute 768.28. Page 14 of 25 PRIAM, PUBLIC RISK INSURANCE AGENCY MAJOR EXCLUSIONS • Expected or intended injury • Workers' Compensation and similar laws • Employment-Related Practices Liability • Employer's Liability • Pollution • Automobiles • Aircraft and airports • Damage to owned property • Medical Payments • Nuclear • Health care facilities • Hospital/Clinic Medical-Malpractice • War • Law Enforcement Liability For additional exclusions and more details on how they apply,please refer to coverage form. Page 15 of 25 ® a o :PRIA 1NSUIZANCE PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH AUTOMOBILE LIABILITY AND PHYSICAL DAMAGE Term: October 1, 2005 to October 1, 2006 Company: Preferred Governmental Insurance Trust (PGIT) Limits of Liability: (Based on 108 Vehicles) Primary Bodily Injury and Property $1,000,000— Symbol 1 Damage Liability— Combined Personal Injury Protection $10,000— Statutory Uninsured Motorist Rejected Liability Deductible: $0 Each Accident Physical Damage: Comprehensive— 108 vehicles, Symbol 2 and 8 Collision— 108 vehicles, Symbol 2 and 8 Physical Damage Deductible: Comprehensive $1,000 Collision $1,000 Coverage and Notes of Importance: 1. Hired and non-owned liability is included. 2. Hired physical car damage is included at $35,000 maximum. 3. Limits of Liability are subject to Florida Statute 768.28. Page 16 of 25 S`I PRIAM , iNSURANCI3 PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH PUBLIC OFFICIALS LIABILITY EMPLOYMENT PRACTICES LIABILITY Term: October 1, 2005 to October 1, 2006 Company: Preferred Governmental Insurance Trust (PGIT) Form: Claims Made—Duty to Defend Coverage: Pays damages the insured becomes legally obligated to pay because of a "wrongful act" arising out of the discharge of duties ® Limits of Liability: $1,000,000 Each Wrongful Act $1,000,000 Annual Aggregate Deductible: $15,000 Per Wrongful Act—POL $10,000 Per Wrongful Act—EPLI Coverage Extensions: 1. Defense costs are included in the policy limit. The trust appoints counsel. 2. Deductible applies towards damages, "claims expense" and supplemental payments. 3. Full prior acts coverage provided. 4. Broadened definition of"Who is an Insured." 5. Injunctive Relief claims are excluded, however there is $25,000 provided for defense. 6. Legal consultation services available. Notes of Importance: 1. This quotation is subject to receipt and approval of completed and signed application prior to ® binding. 2. Limits of Liability are subject to Florida Statute 768.28. Page 17 of 25 PRIAMSM 1NSU12ANCE„. PUBLIC RISK INSURANCE AGENCY MAJOR EXCLUSIONS • Fiduciary Liability • Workers' Compensation, Employers Liability and similar laws • Pollution • Asbestos, Silica, Dust, Lead, Fungi and Bacteria • Bodily Injury, Personal Injury, Property Damage or Advertising Injury • War, Strikes or Terrorism • Law Enforcement Activities ® Criminal Acts • Failure to effect and maintain insurance • Insured vs. Insured • Bonds, Taxes or Construction contracts • Collective Bargaining Agreements • Strike and Lockouts • Prior and Pending claims • Damages arising out of Eminent Domain, Condemnation, Inverse Condemnation or Adverse Possession • Workers' Adjustment and Retraining Notification Act • Health Care Professional or Health Care Facilities • Contractual Liability • Capital Improvement to make property more accessible or accommodating to disabled persons • R.I.C.O. Page 18 of 25 PRIAM PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH WORKERS' COMPENSATION GUARANTEED COST Term: October 1, 2005 to October 1, 2006 Insurer: Preferred Governmental Insurance Trust (PGIT) Class Code Description of Class Code Estimated Payroll 5509 Street or Road Maintenance 627,018 7520 Waterworks Operations 654,890 7704 Firefighters & Drivers 4,024,702 8380 Automobile Service Repair 53,875 8810 Clerical 2,529,185 9015 Buildings—NOC Owner/Lessee 137,723 ® 9102 Park NOC —Employees & Drivers 967,465 9220 Cemetery Operations & Drivers 152,247 9410 Municipal NOC 353,841 Estimated Manual Premium $687,184 Experience Modification .85 Estimated Discounted Premium $438,280 Notes of Importance: 1. The "Estimated Discounted Premium" includes all applicable credits including safety program and drug-free workplace credits as per Florida Statute 440. 2. Employer's Limit of Liability is $1,000,000/$1,000,000/$1,000,000. 3. Experience modification factor is subject to verification. This final amount of credit is dependent upon compliance with program requirements. Final premium subject to payroll audit. 4. The expense constant charge has been included. 5. Payment terms are 25% down and 9 installments. Page 19 of 25 SM PR IA • INSUI2ANCE , PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH ACCIDENTAL. DEATH AND DISMEMBERMENT Term: October 1, 2005 to October 1, 2006 Company: AIG Life Insurance (Rated A++XV by A.M. Best) Coverage: $ 54,000 Occupational (Based on 55 Persons) $ 54,000 Fresh Pursuit $162,0000 Intentional Death Optional $100 Weekly Accident Indemnity Coverage Available Page 20 of 25 PRIAM CE� PUBLIC RISK INSURANCE AGENCY CLAIMS ADMINISTRATION Preferred Governmental Claims Solutions (PGCS) administers and closely controls all claims from start to finish. Mr. Kevin Cothron is the Claims Coordinator for property and liability and performs the initial review of all loss notices. PGCS is dedicated to exclusively serving Florida governmental agencies. This team of full-time, licensed adjusters understands federal laws and state statutes governing actions against public entities. A toll-free telephone number is provided. You will find our approach to be aggressive and protective of your entity's interests. We take full advantage of rights afforded under the law. Setting a precedent of always settling claims does not characterize the Program's position. ® In case of a disaster, a 24-hour claim hotline is available.. Page 21 of 25 SM PRIAM INSURANCL� PUBLIC RISK INSURANCE AGENCY PGIT SAFETY AND RISK MANAGEMENT SERVICES The success of any public sector community is clearly tied to its ability to protect and preserve its human physical assets. This basic premise serves as the cornerstone of an effective Safety Management program and underscores the importance of Risk Control to the community. PGIT's Safety and Risk Management Department is very aware of the valuable contribution a comprehensive risk control program makes to the bottom-line of any organization. At PGIT, Safety consultations originate with one basic thought—Specific measures can be recommended to minimize or eliminate the exposures that cause accidents. This does not mean that the ,workplace become no-risk utopias, but we expect our consultants to recommend measures to control/minimize all types of accidents, injuries and illnesses to our PGIT clients' operations and premises. Stressing our problem solving skills...PGIT is dedicated to meeting the challenge of the complex problems facing public sector organizations...disarming these problems and converting them into factors, which work to the advantage of our clients. Our emphasis approach to risk control incorporates the following elements: ® Exposure Identification—Assist management in determining areas where a chance of loss might exist. ® Exposure Measurement and Analysis—Loss analysis and a review of the consequences of the exposures will be considered to develop alternative methods of control. e Determination and Selection of Appropriate Risk Control Methods —Based on measurement and analysis and after considering alternative approaches, specific recommendations and/or a custom design Risk Control plan will be formulated. ® Training and Safety Management Consulting—After considering client needs specific training will be formulated and initiated to fit that need. Key personnel will be provided with the basic knowledge and skills they need to meet those identified needs. Program monitoring is accomplished through follow-up surveys with adjustments to the action plan made as needed. Specialty consulting services are available if necessary. PGIT's Safety and Risk Management Department evaluates the unique needs to each client, ultimately designing a program that is capable of being integrated into the overall risk control efforts of each client. Our management system's direction to the problem solving approach is the foundation of our Safety and Risk Management Service. Page 22 of 25 PRIAMSM • . , tNSUf2ANCL„ PUBLIC RISK INSURANCE AGENCY CITY OF DANIA BEACH PREMIUM RECAPITULATION Annual Premium Check Option Yes No Property / Inland Marine/Equipment Breakdown $ 96,2.75 ❑ ❑ Crime /Employee Dishonesty $ 1,000 ❑ ❑ General Liability $250,000 ❑ ❑ Automobile Liability & Physical Damage $135,819 ❑ ❑ Public Officials /Employment Practices Liability $ 61,858 ❑. ❑ Workers' Compensation $438,280 ❑ ❑ AD&D Without WAI Annual Premium $ 1,278 ❑ ❑ 3 Year Policy with Annual Installments $ 1,215 ❑ ❑ 3 Year Policy Prepaid $ 3,579 ❑ ❑ With WAI Annual Premium $ 1,647 ❑ ❑ 3 Year Policy with Annual Installments $ 1,566 ❑ ❑ 3 Year Policy Prepaid $ 4,613 ❑ ❑ I authorize PRIA to request the underwriters to bind coverage on the items indicated above. (Name) (Title) • (Date) Page 23 of 25 �,,, SM • _ INSUKANCE , PUBLIC RISK INSURANCE AGENCY Notes of Importance: 1. PGIT is not subject to the Florida Insurance Guaranty Act, in the event it becomes unable to meet its claims payment obligations. However, insured is named on excess of loss policies. 2. Quote is subject to review and acceptance by PGIT Board of Trustees. 3. Premiums are subject to change if all lines of coverage quoted are not bound. Premiums are subject to 25% minimum premium upon binding. 4. Not all coverages requested may be provided in this quotation. 5. Flood quotes from NFIP may be available. Please advise your agent if you have property located in zones A or V and would like to have separate NFIP quotes. 6. With the exception of Workers' Compensation, the total premium is due within 30 days of inception. Premium financing can be arranged if needed. 7. Quote is not bound until written orders to bind are received from the insured and the Trust -subsequently accepts the risk. ® 8. Should signed application reveal differing details/data than original application received, the entire quote/binder is subject to revision and possible retraction. 9. Higher limits of liability may be available. Please consult with your agent. 10. This proposal is based upon exposures to loss made known to the Public Risk Insurance Agency. Any changes in exposures (i.e. new operations, new acquisitions of property or change in liability exposure) need to be promptly reported to us in order that proper coverage may be put into place. 11. Compensation: In addition to the commissions or fees received by us for assistance with . the placement, servicing, claims handling, or renewal of your insurance coverage's, other parties, such as excess and surplus lines brokers,wholesale brokers, reinsurance intermediaries, underwriting managers and similar parties, some of which may be owned in whole or in part by Brown & Brown, Inc., may also receive compensation for their role in providing insurance products or services to you pursuant to their separate contracts with insurance or reinsurance carriers. Additionally, it is possible that we, or our corporate parents or affiliates, may receive contingent payments or allowances from insurers based on factors which are not client-specific, such as the performance and/or size of an overall book of business produced with an insurer. We generally do not know if such a contingent payment will be made by a particular insurer, or the amount of any such contingent payments, until the underwriting year is closed. In the event that we assist with placement and other details of arranging for the financing of your insurance premium, we may also receive a fee from the premium finance company. Page 24 of 25 PRIAMSM 1NSUf2ANCE� • PUBLIC RISK INSURANCE AGENCY Guide to Bests Ratin s Best Cate o Rating Descri tion Secure A++ Superior Secure A+ Superior Secure A Excellent Secure A- Excellent Secure B++ Very Good Secure B+ Very Good Vulnerable B Fair Vulnerable B- Fair Vulnerable C++ Marginal Vulnerable C+ Marginal Vulnerable C Weak Vulnerable C- Weak Vulnerable D Poor Vulnerable E Under Regulatory Supervision Vulnerable F In Liquidation Vulnerable S Rating Suspended Not Rated NR-I Insufficient Data Not Rated NR-2 Insufficient Size and/or operating experience Not Rated NR-3 Rating Procedure Inapplicable Not Rated NR-4 Company Request • Not Rated NR-5 Not Formally Followed Rating Modifier u Under Review Rating Modifier q Qualified Affiliation Code g Group Affiliation Code p Pooled Affiliation Code r Reinsured Guide to Best's Financial Size Categories Reflects size of I Less than$1,000,000 insurance company II $1,000,000-$2,000,000 based on their III $2,000,000-$5,000,000 capital, surplus IV $5,000,000-$10,000,000 and conditional V .$10,000,000-$25,000,000 reserve funds in VI $25,000,000-$50,000,000 U.S. dollars. VII $50,000,000-$100,000,000 VIII $100,000,000-$250,000,000 IX $250,000,000-$500,000,000 X $500,000,000-$750,000,000 XI $750,000,000-$1,000,000,000 XII $1,000,000,000 -$1,250,000,000 XIII $1,250,000,000 -$1,500,000,000 XIV $1,500,000,000-$2,000,000,000 XV Greater than $2,000,000,000 Public Risk Insurance Agency always strives to place your coverage with highly secure insurance companies. We cannot, however,guarantee the financial stability of any carrier. Page 25 of 25