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HomeMy WebLinkAboutPR13358: H/DEPT. LIABILITY INS CITY OF PORT ARTHUR SAFETY & RISK MANAGEMENT MEMORANDUM TO: S. Fi ibix , FROM: Lisa Colfen, Safety & Risk Management Coordinator DATE: November 30, 2005 Uability and General Liability Insurance from Admiral Insurance through Business Insurance Group in the Amount of $63,871.00 COMMENT RECOMMENDATION: I recommend approval of Proposed Resoluldon No. 13.358 authorizing the purchase of Health Deparlment Professional Liability and Genaml Liability Insurance from ^dmiml Insumnca through Business Insurance Group. The premium is $63,871.00, which represents a decrease of 21% ($16,560.58) from last year's premium of $80,431.58. The coverage pedod is from January 1, 2006 through December 31, 2006. Limit of liability for the policy (including Professional Uability and the Commercial General Liability) is $1,000,000 per occurrence ($3,000,000 aggregate) ~ a $3,000.00 deductible (last year's deductible was $10,000.00). Esse~ally, this is a rollover of the current policy, with a decrease in premium and deductible. Currer~, Health Deperlment Professional and ~1 Liabil~ coverage is provided by Admiral Insurance through its agent, Business Insurance Group. The bid amount for tyro Insurance is based on the estimated number of patient visits for 2006. The current estimate, as provided by the Health Department, projects over 45,000 patient visits conducted by the carrier at the end of the policy year. The City adve~ised for bids for Insurance Coverage. Responses were rec~Hved from ^dmiml Insurance and Aspen Specialty Insurance Company. The Bids were sent to RWL Group, the City's consultant, for analysis and recommendation. Subsequent to their extensive review of the bid, ~ consultant submit/ed its recommendation (Attachment "^") that the bid received from ^dmiml Insurance be accepted. The approval of this recommendation w~il ensure appropriate Professional and Commercial General Liabil~ Insurance Coverage for the Health Department Clinic. BACKGROUND: The Cb carries both Professional and General Liability Insurance to cover the opera'don of the City Health Deparlment. This Insumnca would cover any claim for damages arising from an injury occurring while on the Health Dep~b,,ent premises (i.e. slip & fail claims) or as a result of tre,,~,:~nt received through the Health Deperlment (i.e. mal~ claim). "REMEMBER, WE ARE HERE TO SERVE THE CITIZENS OF PORT ARTHUR" P.R. No. 13358 11/30/05 LJC A RESOLUTION AUTHORIZING THE PURCHASE OF HEALTH DEPARTMENT PROFESSIONAL LIABILITY AND GENERAL LIABILITY INSURANCE CONTRACTS FROM ADMIRAL INSURANCE THROUGH BUSINESS INSURANCE GROUP PROPOSED FUNDING BY: Health Department Liability Insurance Fund: (001-1301-541.52-00) $63,871.00 Whereas, bid specifications pertaining to the insurance coverages specified below were mede available to interested parties on October 11, 2005, and sealed bids for the same were accepted until 3:00 p.m. on November 23, 2005 (at which time all bids were opened and read aloud) in accordance with State law and the City Charte~,, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: THAT the City Manager is he~J autho~zed to pumhase insurance cc,~bacts and bind coverage for Health Department Professional Uability and General Liability Insurance effective Jannary 1, 2{~6 with Admiral Insurance through Business Insurance Group; and, THAT the City Manager is hereby further autho~zed to exec~zte ail necessary insthJments on behalf of the City of Port Arthur, with approval of the City Attemey, and to make payment of rtecessary premiums to bind coverage (with a limit of $1,000,000.00 and $6,000.00 deductible) effective January 1, 2006 through December 31, 2006, pending mceilX of the Contracts of Insurance; and, THAT a copy of the caplion of thi~, Resolution be spread upen lhe Minutes of the City Council. READ, ADOPTED, AND APPROVED this day of , A.D., 2005, at a Meeting of the City Council of the City of Port,N1hur, Texas, by the following vote: AYES: Mayor ,Cooncilmembers Oscar G. O~tiz, Mayor Al I ~-ST: Evangeline Green, City Secretary APPROVED AS TO AVAILABILITY OF FUNDS: Rebecca Underhill, Director of Finance Mark Soko~,~ GJ{~ ~ttomey APPROVED FOR ADMINISTRATION: Stenhen B. F'liT~Xx~. City Marmner