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Okaloosa County BOCC — October 15, 2013 — Action Item Printout — reading text

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BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: September 17, 2013 TO: Honorable Chairman and Members of the Board FROM: Kay Godwin SUBJECT: Approval to Bind Coverage for County Insurance Program DEPARTMENT: Human Resources BCC DISTRICT: All STATEMENT OF ISSUE: Request authority to bind coverage for the county’s 2013-2014 fiscal year insurance program and authorize the chairman to sign contracts as required. BACKGROUND: Attached is a schedule of the recommended coverage and premiums for the county’s 2013-2014 insurance program. The Board has previously approved moving the renewal date for the property insurance to April 1st. The attached schedule reflects six-month contracts on the property portion of our insurance program for the period October 1, 2013 through March 31, 2014, to include property, terrorism and boiler and machinery coverage. All other coverage is for the period October 1, 2013 to September 30, 2014. The property portion of the insurance will be renegotiated for a full year (April 1, 2014 to March 31, 2015) when these contracts expire on April 1, 2014. OPTIONS: Approve/Modify RECOMMENDATIONS: Authorize staff to bind the outlined coverage and authorize the Chairman to sign the required insurance contracts. RECOMMENDED BY: APPROVED BY: Ernie Padgett, County Administrator

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