HomeMy WebLinkAboutR-2022-152 Brown & Brown Comprehensive Insurance Coverage Package 2022-2023 RESOLUTION NO. 2022-152
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA, AUTHORIZING THE RENEWAL OF THE
COMPREHENSIVE PROPERTY & CASUALTY INSURANCE PROGRAM
FOR THE CITY THROUGH RISK MANAGEMENT ASSOCIATES, INC., A
WHOLLY OWNED SUBSIDIARY OF BROWN & BROWN, INC., WITHOUT
COMPETITIVE BIDDING AND WITHOUT ADVERTISEMENT FOR BIDS,
WHICH INSURANCE PACKAGE SHALL INCLUDE COVERAGE FOR
PROPERTY, CRIME, GENERAL LIABILITY (INCLUDING EMPLOYEE
BENEFITS LIABILITY AND DEADLY WEAPON), AUTOMOBILE
LIABILITY AND PHYSICAL DAMAGE, PUBLIC OFFICIALS LIABILITY,
(INCLUDING EMPLOYMENT PRACTICES AND CYBER/PRIVACY
LIABILITY), WORKERS' COMPENSATION, POLLUTION, MARINA
DOCKS PROPERTY INSURANCE, STORAGE TANK, FPL GENERAL
LIABILITY, POLICE SUBSTATION CONTRACT LIABILITY, ARTS &
SEAFOOD EVENT, NATIONAL FLOOD INSURANCE PROGRAM ("NFIP"),
PUBLIC SERVICES WORK BOAT (HULL) INSURANCE, SPORTS TEAMS
INSURANCE, FOR A COMBINED ANNUAL PREMIUM AMOUNT OF ONE
MILLION, THREE HUNDRED SIXTY FIVE THOUSAND, THREE
HUNDRED THREE DOLLARS ($1,365,303.00) FOR COVERAGE
BEGINNING OCTOBER 1, 2022 THROUGH SEPTEMBER 30, 2023;
PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City of Dania Beach (the "City") currently obtains its Comprehensive
Property & Casualty coverage through Risk Management Associates, Inc., a wholly owned
subsidiary of Brown& Brown, Inc. ("B&B"); and
WHEREAS, upon City Commission approval on September 27, 2022, B&B will renew
the City's existing Package and Workers' Compensation insurance for Preferred Governmental
Insurance Trust and other Companies; and
WHEREAS, the Preferred governmental comprehensive policy offered by B&B is
advantageous to the City as it relates to the amount of coverage, the rate of insurance, and to
ensure the budget stability for the City; and
WHEREAS, B&B continues to be responsive and provide guidance to the City relating
to loss control, claims handling, risk management and liability concerns on major contractual
agreements, special events programming, construction projects, appropriate vendor insurance
requirements, and bid specifications; and
WHEREAS, the City Commission waives competitive bidding and further authorizes
renewals with B&B, and all associated insurers for Fiscal Year 2022—2023; and
WHEREAS, the City Commission further authorizes the City Manager to make
adjustments to the premiums as necessary due to required changes in coverage resulting from
additions or deletions of equipment, results of the annual Workers' Compensation audit, or other
insurance requirements necessary to protect the City and its assets; and
WHEREAS, upon City Commission approval on September 27, 2022, the City will
obtain insurance coverages as described in this Resolution from B&B, which approval of
coverage will also authorize premium adjustments to be made by the City Manager, as may be
necessary to properly protect the City and its assets;
NOW, THEREFORE,BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH, FLORIDA:
Section 1. That the above "WHEREAS" clauses are ratified and confirmed, and they
are made a part of and incorporated into this Resolution by this reference.
Section 2. That the City Commission approves the renewal of the City's
Comprehensive Property & Casualty coverage through Risk Management Associates, Inc., a
wholly owned subsidiary of Brown & Brown, Inc. ("B&B"), which coverage includes General
Liability, Property, Crime, Automobile Liability and Physical Damage, Workers' Compensation,
Public Officials' Liability, Employment Practices Liability, Cyber/Privacy Liability, Employee
Benefits Liability, FPL Contract Liability, Police Substation Contract Liability, Storage Tank &
Premises Pollution, National Flood Insurance Program (NFIP), Marina Dock Property, Sports
Teams, Arts & Seafood Event, and Public Services Work Boat Hull insurance for the 2022/2023
fiscal year for a combined annual premium amount of one million, three hundred sixty-five
thousand, three hundred three dollars ($1,365,303.00) for coverage beginning October 1, 2022
through September 30, 2023.
Section 3. That the cost of the Comprehensive Property & Casualty Insurance
coverage, which anticipates an annual adjustment needed for coverage due to changes in City's
risk exposures such as audited payrolls, vehicles, equipment, and real property inventory, is
planned, appropriated and has been made available through appropriate allocations to various
City Funds in the proposed Fiscal Year 2022-2023 budget.
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Section 4. That the cost for coverage shall exceed the $25,000 annual authorization
provided under the Charter to the City Manager, and the City Commission waives the
competitive procurement requirements relating to the renewal of its Comprehensive Property &
Casualty coverage through B&B.
Section 5. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 6. That this Resolution shall be in force and take effect immediately upon its
passage and adoption.
PASSED AND ADOPTED on September 27, 2022.
ATTEST: gyp► B
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01,
THOMAS SCHNEIDER, CMC 4 ; TAMARA JAM
CITY CLERK 48LISH0ti MAYOR
APPROVED AS TO FORM AND CORRECTNESS:
EV . B UTSIS
C ATTORNEY
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