HomeMy WebLinkAboutPR 23055: APPROVING SETTLEMENT OF WIND DAMAGE CLAIMS $227,131.99 4 City of
ort rill-tc
INTEROFFICE MEMORANDUM
Office of Safety & Risk Management
Date: March 14, 2023
To: Ron Burton, City Manager
From: Trameka A. Williams, Director of Human Res U�
RE: A Resolution Approving Settlement of Wind Damage Claims in the Amount of$227,131.99 made Against
Certain Underwriters at Lloyd's of London Insurance Company (through Agent USI Southwest Inc., El
Paso) due to Hurricane Laura (August 26, 2020)
BACKGROUND: On August 26, 2020, Hurricane Laura struck the City of Port Arthur damaging various City
properties because of the wind.
STAFF ANALYSIS, CONSIDERATIONS: The City has Windstorm coverage insurance through USI Southwest,
Inc., El Paso. Lloyd's of London Insurance Company has offered the City a settlement of$227,131.99 for wind related
damages to various buildings as delineated in Exhibit "A". This is considered a fair and reasonable settlement. If
additional damages are discovered, Lloyd's of London Insurance Company may issue a supplemental payment.
RECOMMENDATION: I recommend approval of Proposed Resolution No. 23055 which authorizes settlement of wind
claims in the amount of $227,131.99 made against Certain Underwriters of Lloyd's of London Insurance Company
(through agent USI Southwest Inc., El Paso) hereinafter referred to as USI, because of wind damages to various City
properties as delineated in Exhibit "A" due to Hurricane Laura. The City of Port Arthur anticipates receiving additional
funds from insurance proceeds.
RWL Group, the City's Risk Management Consultant, and City Staff have reviewed the settlement offer and
recommend acceptance. This is considered a fair and reasonable settlement.
Budget Considerations: The funds received will be deposited in the Insurance Proceeds Account #156-00-
000-4744-00-00-000.
"Remember we are here to serve the Citizens of Port Arthur."
P.R. No. 23055
03/14/23 TAW
RESOLUTION NO.
A RESOLUTION APPROVING SETTLEMENT OF WIND DAMAGE CLAIMS IN THE
AMOUNT OF $227,131.99 MADE AGAINST CERTAIN UNDERWRITERS AT LLOYD'S OF
LONDON INSURANCE COMPANY (THROUGH AGENT USI SOUTHWEST INC., EL PASO)
DUE TO HURRICANE LAURA (AUGUST 27, 2020) TO VARIOUS CITY PROPERTIES
WHEREAS, on August 27, 2020, Hurricane Laura struck the City of Port Arthur, resulting
in wind damages to various City properties; and,
WHEREAS, as a result of the wind damages, a claim was filed with Certain Underwriters
at Lloyd's of London Insurance Company (through agent USI Southwest, Inc., El Paso,
hereinafter referred to as USI; and,
WHEREAS, USI has offered a payment in the amount of $227,131.99 for wind damages
sustained from Hurricane Laura as delineated in Exhibit "A"; and,
WHEREAS, this has been determined to be a fair and reasonable settlement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PORT ARTHUR, TEXAS:
Section 1. That, the facts and opinions in the preamble are true and correct.
Section 2. That, the City Manager is hereby authorized to execute settlement in the amount
of $227,131.99 for the claim against Certain Underwriters at Lloyd's of London Insurance Company
(through Agent USI Southwest Inc., El Paso).
Section 3. That, a copy of this Resolution be spread upon the minutes of the City Council.
READ, ADOPTED, AND APPROVED this day of , AD, 2023, at a
Meeting of the City Council of the City of Port Arthur, Texas, by the following vote:
AYES: Mayor , Councilmembers
NOES:
Thurman "Bill" Bartie, Mayor
ATTEST:
Sherri Bellard, City Secretary
APPROVED AS TO FORM:
Z4 ()ATLe 0-7 btif47/ d3
al Tizeno, ty Attorney
APPROVED FOR ADMINISTRATION:
Ronald Burton, City Manager
EXHIBIT "A"
laimant Clattn Datc of Clan To Date C'nitrolt= Amoun
Coy of Port Arthur 1000307510 20200827 8 27 2020 228788 177.131.1
Ionclon 501'0 Share of POI,.02& t;3
dulion
/2.2)o
REMITTANCE STATEMENT - PLEASE DETACH BEFORE DEPOSITING
THIS DOCUMENT IS ALTERATION PROTECTED AND REFLECTS FLUORESCENT FIBERS UNDER UV LIGHT
wells fargo
Engle Martin & Associates, LLC Atlanta GA
58 EMA General Trust Turn Around 64-22
5565 Glenridge Connector Suite 900 610
Atlanta, GA 30342
(678) 553-4400 Date Check No
3 WTo23 0000959248
VOID AFTER 90 DAYS Amount
$ ..**.**.***22713 1 99
PAY Tho hundred twent -seven thousand one hundred thirty-nue and to 100 t:.S.Dollar
Dual Signature reduned ;)o
IE ORDIdt Cit‘ or Port Arthur
A; Wt;Rtii.1) ;
,;11(iiivi