Fort Walton Beach Council agenda — 09-27-11 regular part 2 of 2 — reading text

employees who sustain ajob related injury. This coverage is on a guaranteed cost basis and therefore claims are not subject to a deductible. The following summarizes the total recommended premiums for property, casualty and workers compensation coverage for the 2010/ 11 as compared to 2009/ 10 and 2010/ 11 claim years:  8. 6. a 2009/ 10 Premium 2010/ 11 Premium - 2011/ 12 Premium 714,997 $ 559, 453 $ 620, 974 Miscellaneous Policies The following are miscellaneous coverages which are separate from the above: Flood Insurance The City' s property insurance policy requires purchase of coverage from NFIP for facilities in a flood zone. As well, FEMA will not reimburse the City for flood damage expenses above the policy limits unless the City has flood insurance coverage. We recommend renewal of these policies through Fisher -Brown Inc. who is the incumbent provider. c o m 2. Petroleum / Environmental Liability 0d This coverage protects the City against liability claims made as a result of leakage from our various underground fuel storage tanks and pollution liability. We e recommend placement of coverage with Indian Harbor Insurance Company N written through Public Risk Insurance Agency. Petroleum / Pollution Liability coverage has a $ 25, 000 per occurrence deductible. 0N 3. Fiduciary Liability a N This coverage is written to protect the Board of Trustees of the City' s various c pension plans from claims alleging irregularities in their fiduciary responsibilities. a f The amount of coverage is $ 2, 000, 000. This policy renews mid year and we estimate a 5% premium increase. The current policy is written by Travelers Insurance Company through Fisher -Brown, Inc. 4. Public Official Bonds suEEN Florida Statutes require that the City purchase Fiduciary Bonds for our Finance Director and City Clerk. Placement of this coverage is recommended to Fisher - Brown, Inc. who is the incumbent provider. The coverage is written by Hartford Insurance Group. 5. Statutory Accidental Death and Dismemberment for Police and Firefighters Florida Statutes require the City to purchase additional insurance coverage for Police Officers and Firefighters. The provider is Chubb ( Federal Insurance Packet Pg. 53  MW Florida Statutes require the City to purchase additional insurance coverage for '.. Police Officers and Firefighters. The provider is Chubb ( Federal Insurance Company) who, after a rate solicitation in 2009, submitted a 3 -year rate guarantee which is recommended for renewal. Financial: If approved, sufficient funding is available in the proposed 2011/ 12 budget. Recommendation: Based on the above, I respectfully request City Council authorize the City Manager to execute insurance policies with the insurers or agents as recommended in this staff report in the total amount of $ 620,974. Submitted By: Sylvia Hanks, Administrative Services Director Reviewed By: Brandy Wunker, Director of Finance Reviewed for Agenda: Robert T. Meams, City Manager Packet Pg. 54  6.6. 6.6. bb MOM1150SI iNIM a F a 9' 3a3 y Q 3 3 m A n 3 x pQ Q_ w x QQQ_ xr wx Qxq rxx IQ QQ aE a' m xxr yp rxxxxx yyqq a ip5' SaESES xwxxx yy@ lii xww a qY S Y G' 0.'"d wuuG' aN xx$ y_I ri i gSS wax aa r PRO uuuviRWCu dU" ul 8 s gig iir& PacketPacket Pg.Pg. 5555  Page I o 8. 8. b -.,`,;. Sylvia B. Hanks From: Stephen Heaney [ sheeney@crm1978. com] Sent: Wednesday, August 24, 2011 10: 20 AM To: Sylvia B. Hanks subject: Renewal Comparison - 2009 to 2011 Sylvia, Attached is a premium comparison of the 2009 renewal versus the present 2011 renewal. The 2009 renewal was the last year before the marketing bid exercise of 2010. Therefore, it shows what the premiums were looking like before outside competition entered the picture in 2010. v In light of PRIA' s recent quote of an 11% increase, we wanted to compare the movement of o premiums. As you can see, the 2011overall premium total is still under the 2009 level by approximately 15 %. Even though we never welcome moderate premium increases in today' s market, this spreadsheet N shows that PRIA is still offering the City a favorable renewal and that they are not attempting to recoup c all the lost premium income in the next policy year. In addition, we should also note that FRIA offered a decrease on the City' s program going from 2008 to 2009. 3 It appears that the workers' camp experience modification number, rates, and an increase in property of rates have had an undesirable effect on the overall premium. It is understandable that the wind /catastrophic exposure in Florida has affected the property rates. Once you have had an opportunity to review, let us know your thoughts? Thanks, Stephen W. Stephen Heaney Corporate Risk Management Inc 505 Fenton Place Charlotte, HC 28207 704) 335 -0185 Fax: ( 704) 377- 2973 heeney@crm1978. com 8/ 29/ 2011 Packet Pg. 56  Im City Council of Fort Walton Beach 0 To: ADMINISTRATIVE SERVICES MEMORANDUM Robert T. Meams, City Manager From: Dave Jenzen, Director of Information Technology Date: September 27, 2011 Subject: Verizion Wireless Cell Phone Services L BACKGROUND: 1. 1. The City ofFort Walton Beach contracted with Verizon Wireless for cellular telephone services in fiscal year 2011. Verizon Wireless provides the City with cell phone, " Push to Talk" and Blackberry services. 2. DISCUSSION: 2. 1. The City has 67 cellular telephones, 50 " Push to Talk" only phones and 4 Blackberry smart phones. These devices are used in various departments as normal cellular telephones and as a