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HomeMy WebLinkAbout92-94 RESOLUTIONRESOLUTION NO. 92-94 A RESOLUTION APPROVING THE RENEWAL OF PROFESSIONAL AND LAW ENFORCEMENT INSURANCE COVERAGE WITH GOPRO U NDERWRITERS (SCO]TSDAI,E INSURANCE COMPANY) 1N THE. AMOUNT OF $72,141.68. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. The City Council hereby approves the renewal of insurance coverage with GoPro Underwriters (Scottsdale Insurance Company), in the amount of $72,141.68 for professional and law enforcement insurance. A copy of the policy is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 16th day of August 1994. ATTEST: By: ' 7CI• (i. Traci Paul, City Clerk APPROVED: By: ', >I' Fred Hanna, Mayor at/Z0d t. • • LAW ENFORCEMENT LIABILITY INSURANCE PROPOSAL FOR CITY OF FAYETTEVILLE POLICE DEPARTMENT ARKANSAS Prepared by Judy Englehart, CIC August 16, 1994 ILS Rebsamen insurance LSSA N3fVSS3L1* vuv S 9 0 t 176 •9 t '90 Law Enforcement Liability Insurance Renewal of Po'icy: PPL 390717 Expiration Date: 8/22/94 Name of Proposed Insured: City of Fayetteville P.D., AR Name of Agent: Rebsamer. Ins. Proposed Insurer Scottsd 8es. Co a or admiteed approved carrier Best Co • This policy form is proposed OCCURRENCE RE' ofNalis, Coverage provided includes, but notl °Policy le 'Pay on Benalf of' not "indemnity". ci•Comprehensive 'orm includes coverage for intentional acts. °Defense and Loss Adjustment Expense in addition to the policy limits. Jail Operations. °Civil Rights under 42 USC 1981 et. sequential and claims under state Civil Rightsa l ws. 0 Moonlighting" approved by the department, unless excluded, °Insured persons Include all fun -time, part-time, auxiliary, and volunteers declared on the application, 'Law Enforcement operations '^ ithin the o course serand scope of duties" of your law °Punitive damawritten es may e includeif allowd In yourrequestto bind coverage se equ reds state. Coverage Terms (for a one-year policy): Limits: 1 000,000. each person/ 1,000,000 each occurrence/ 1,0001000. annual aggregate Deductible': 50,000. each loss, including and exemplary LAE Annual Premium. 39,491. excluding punitive Engineering Fee: 150. damages. 1,565.84 •Deductible applies to both Loss and Loss Adjustment Expense which includes defense costs, court costs, expert ve of a n dita witnesses tother expenses st erelated to defending you ln the a t i c 0 a LSS4 N3NVS83tr* IV.v 9 9 : 0 36 '91 600 Page 2. Proposed Insured: City of Fayetteville P.D.. AR This proposal Is valid for 60edays from whichever comes date orftil the date your current policy [X]Agent[ ]Go Pro to be responsible for Surplus -Ines filings, affidavits, and the paymert of Surplus Lines taxes. Outstanding conditions which must Pe met prior to the binding of coverage: CONDITIONS: None Responses to the above CONDITIONS MUST BE RECEIVED and FOUND ACCEPTABLE by the COMPANY PRIOR TO THE BINDING of coverage. A written request to bind coverage is required. Additional terrnsloomments regarding this proposal: 1. Additionai premium Is due to increase in class A officers by 6. 2. There is no coverage for Punitive and Exemplary Damages. Officially endorsed by: A IlI nois Association of Chiefs nEnforcement of Police Ohio Association of Chiefs of Police Texas Police Association Please plan to attend a Go Pro Loss Control Seminar to be held in your area this year. Thanks for the opportunity you extended to us to be of service. a _—t o LE! NS N3LSYS832t* Iare 99:01 to '91 '99 N W4 Mxk .'f r15 'icel4.n iti ti:11::a7.5m.SHMTenSi; PUBLIC OFFICIALS LIABILITY INSURANCE PROPOSAL FOR CITY OF FAYETTEVILLE ARKANSAS Prepared by Judy Englehart, CIC August 16, 1994 ILS Rebsamen Insurance a / 9 0 a NS N3NVSS3L1* fly SS :OT V 6 '9 T q9 O Public Officials Liability Insurance Renewal of Policy: POS 370964 Expiration Date: 8/22/94 Name of Proposed Insured: CITY OF FAYETTEVILLE, AR Name of Agent: Rebsamen Ins. Proposed Insurer: Scottsdalerated irs. o An XV -admitted approved carrier Beet This proposal Is for a CLAIMS MADE policy. This policy provides coverage for claims first made and reported during the policy year for "wrongful Acts" including but not limited to °Policy is "Pay on Behalf of' "indemnity'. =Defense and Loss Adjustment Exp In addition to lo policy limits. both °Insured persons include all elected and appointed officials and all emp Y paid and volunteer °Land Use and Zoning. °Employment related claims - wrorgful termination, negligent hiring. °Discrimination (age, sex, race). °Licenses and permits. ovvd In your yPJnitive °A writtenerequest s may Uto bind coverage Includeif le Ise required. ed. y The Extended Reporting Period option in thre ev3) eent t of a acanct oa io 0%n or oop-rens alrby either the Insured or theinsurer Is threeeach year selected. Policy Limits: Deductible'. Annual Premium: Engineering Fee'. alpsaki 1,000,000. 50,000 21$70. 150. 884.80 each loss/annual aggregate each Toss, Including LAE `Deductible applies to botn Loss and Loss Adjustment Expense which includes defense costs, court costs. expert the f a claim other r a suit expenses related to defending you HSA N3NNVS8321 i'5 '9 1 '90 Page 2 Propcsed ;rsured: City of Fayetteville, AR This proposal Is va"d for 60 days from this date or until the date your current policy expires, wnlchever comes first. (X)Agent to be responsible for surplus lines filings, affidavits, and the payment of surplus lines taxes, Outstanding conditions which must be met pr or to the binding of coverage: CONDITIONS: None Resporses to the above CONDITIONS MUST BE RECEIVED and FOUND ACCEPTABLE by the COMPANY PRIOR TO THE BINCING of coverage. A written request to bind coverage Is required. Additional terms/comments regarding this proposal: 1. LaCo. or artacoverageEnforcement ttsdale A'' rated carrieriwh fom c npa ab'emust be ttonSco Scottsdale theh da eins.oCo. priorr approval required. 2. There Is no coverage for the Airport authority under this policy. 3. Please provide current information of the City's self -Insured General Liab. fund. Please plan to attend a Gc Pro Loss Control Seminar to be held In your area this year. Thanks fcr the opportunity you extended to us to be of service. oa PO/ WS NaLzvS83U T•`i'✓ SS :0 T I'S '9T 'DC zzisoa A. vz =24132' `iank AIRPORT LIABILITY INSURANCE PROPOSAL. FOR CITY OF FAYETTEVILLE ARKANSAS Prepared by Judy Englehart, CIC August 16, 1994 Rebsamen Insurance LSSd N3NVS93a* Jnry 95 . 0 �6 '9L '9C Public Officials Liability Insurance Renewal of Policy POS 370992 Expiration Date: 8!22194 Name of Proposed Insured: City of Fayetteville Airport, AR Name of Agent: Rebsamen Ins. • Proposed Insurer: Scottsdale Issuance Co. a non -admitted approved carrier Best rated A+ XV This proposal Is for a CLAIMS MADE policy. This policy provides coverage for claims first made and reported during the p dim to earr for "Wrongful Acts" including but not °Policy Is "Pay on Behalf of not "Indemnity". °Defense and Loss Adjustment Expense In addition to the policy limits. °Insured persons include all electedcad and and volunteer. officials and all employees both °Land Use and Zoning. °Employment related claims - wrongful termination, negligent hiring. °Dlecriminat'on (age, sex, race). °Licerses and permits °Punitive damages may be Included 1 allowed in your state. °A written request to bind coverage is required. The Extended Reporting Period option in the event of a cancellation or non -renewal by either the Insured or the insurer eachis three year (3) years at a cost of 50% of, premium for Policy Limits: Deductible': Annual Prem'Jm. Engineering Fee: Meng 1,000,C00. each loss/annual aggregate 50,000 each loss, including LAE 71456 including punitive and exemplary 150. damages 304.24 'Deductible applies to both Loss and Loes Adjustment Expense which includes defense costs, court costs, expert the itnses ace tnor a sp t ses related to defending iphe T/ 6 0 d LIS4 N3NIKSH 3/3 Nei. I^Ie' S S : 0 T t 6 ' 9 T ' S C • Page2 ..... .... ............. Proposed insured: City of Fayetteville Airport. AR This proposal is vand for 60 expires, this date comes t whichever or til the date your current policy • • [X]Agent[ )Go Pro to be responsible for surplus lines flings, affidavits, and the payment of surplus rtes taxes. Outstanding conditions which must be met prior to the binding of coverage: None Responses to the above CONDITIONS MUST SE RECEIVED and FOUND ACCEPTABLE by the COMPANY PRIOR TO THE BINDING of coverage. A written request to bind coverage Is required. Additional termsleomments regarding this proposal: 1. There will be a prior act endt. effective 8/22/93, same as expiring. ye arBee ito Thanksforend a Go ro Loss Control the pportu lty you extended to Seminar us to be of service. area this a T/ o T d PO/ NSA N3NVSS3Lr.« . p , .. ' I i N 1 1.1 SS : o 6 '9 T 'a o