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Okaloosa County BOCC — September 16, 2014 — Action Item Printout — reading text

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BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: September 16, 2014 TO: Honorable Chairman and Members of the Board FROM: Kay Godwin SUBJECT: GL, Aviation, Crime & WC Insurance Renewal DEPARTMENT: Human Resources BCC DISTRICT: All STATEMENT OF ISSUE: Request authority to bind coverage for the County’s General Liability, Aviation Liability, Public Officials Liability, Crime, Automobile, Excess Workers’ Compensation, and AD&D insurance and authorize staff to sign the application and related documents as required. BACKGROUND: Attached is a schedule of the recommended coverage and premiums for the County’s 2014-2015 insurance program. The total estimated premium for these policies is $489,538. The initial estimate received represented an increase of 6.13% in total premiums. Increasing the deductible for auto comp and collision resulted in a savings of approximately $15,000 annually. The proposed coverage represents an increase of approximately 2.92% in total premiums over last year. OPTIONS: Approve/Disapprove RECOMMENDATIONS: Authorize staff to bind the outlined coverage and to sign the applications and related required documents. RECOMMENDED BY: APPROVED BY: Ernie Padgett, County Administrator

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