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HomeMy WebLinkAboutR-2013-094 Authorized the Renewal of Comprehensive Insurance Coverage Package through Brown & Brown d/b/a Public Risk Insurance Agency not to exceed $840,000.00 from 10/1/13 - 9/30/14 RESOLUTION NO. 2013-094 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING THE RENEWAL OF THE COMPREHENSIVE INSURANCE COVERAGE PACKAGE AND WORKERS' COMPENSATION INSURANCE FOR THE CITY OF DANIA BEACH, FLORIDA, THROUGH BROWN & BROWN DB/A PUBLIC RISK INSURANCE AGENCY, SUCH PACKAGE TO INCLUDE COVERAGE FOR PROPERTY AND CASUALTY, CRIME, EMPLOYEE DISHONESTY, GENERAL LIABILITY, AUTOMOTIVE LIABILITY AND PHYSICAL DAMAGE, PUBLIC OFFICIALS' LIABILITY, EMPLOYMENT PRACTICES' LIABILITY AND WORKERS' COMPENSATION IN A COMBINED TOTAL AMOUNT NOT TO EXCEED EIGHT HUNDRED FORTY THOUSAND DOLLARS ($840,000.00) FOR COVERAGE BEGINNING OCTOBER 1, 2013 THROUGH SEPTEMBER 30, 2014; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Dania Beach (the "City") currently obtains its comprehensive insurance package and Workers' Compensation Insurance coverage through Public Risk Insurance Agency("PRIA"); and WHEREAS, PRIA has worked with the City Administration in cost containment during the current year while extending coverage for major undertakings such as the Marina Project; and WHEREAS, PRIA is offering to renew the City's existing comprehensive insurance package and Workers' Compensation coverage for one (1) year beginning October 1, 2013 through September 30, 2014, at a cost of approximately$805,486.00; and WHEREAS, PRIA insurance consultants were important resources to the City's Safety Program, which efforts were factors in the National Council on Compensation Insurance (NCCI) experience modification rating reduction from .83 to .77, which minimized the City's Workers' Compensation insurance premium; and WHEREAS, PRIA's ability to extend a renewal offer with a reduction for a third consecutive year and its provision of insurance consultants who continue to render insurance guidance on major City agreements, special events and ongoing construction projects, have been and continue to be invaluable to Administration; and WHEREAS, Administration recommends that the City Commission approve the insurance coverage extension offered by PRIA; and WHEREAS, Administration has determined that PRIA has provided and continues to provide a responsive and responsible level of care and customer service to the City of Dania Beach; and WHEREAS, Administration was unable to seek proposals as a consequence of time restraints which resulted due to Administration's concerted efforts to modify the City's healthcare plans; and WHEREAS, Administration therefore recommends that the Commission waive bidding and authorize renewal with PRIA for the coming fiscal year beginning October 1, 2013; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That the City Commission of the City of Dania Beach approves the renewal of the City's Comprehensive Insurance Package through Public Risk Insurance Agency, such package to include coverage for Workers' Compensation, Property and Casualty, Crime, Employee Dishonesty, General Liability, Automotive Liability and Physical Damage, Public Officials' Liability, and Employment Practices' Liability for the period October 1, 2013 through September 30, 2014 in a total amount not to exceed $840,000.00. Section 2. That the cost of this insurance coverage, which amount anticipates annual adjustments needed for coverage due to changes to City real property inventory, is planned, appropriated and made available through appropriate allocation charges to City Funds in the FY 2013-2014 budget. Section 3. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 4. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED AND ADOPTED on September 10, 2013 ATTEST: 4�A6Lc,c.I� �c3� LOUISE STILSON, CMC WALTER B. DUKE, III CITY CLERK �P�I F rol MAYOR 1 �[ RESOLUTION#2013-094 �PORA7EV 'i APPROVED AS TO FO D C CTNESS: i THOMAS J. SBJeO CITY ATTORNEY 3 RESOLUTION#2013-094