City Council

5. Approve Increase of Excess Liability Insurance Policy with Arch Specialty and Acceptance\nCasualty Insurance Companies\nRecommendation: That the City Council approve the increase of the City’s excess liability\ninsurance policy and additional premiums:\n1. Excess Liability ($5M excess of $15M Limit) insurance with Arch\nSpecialty Insurance Company, in the prorated amount of $67,843.95, for\nthe period of February 1, 2025 to July 1, 2025; and\n2. Excess Liability ($5M excess of $20M Limit) insurance with\nAcceptance Casualty Insurance Company, in the prorated amount of\n$44,085.72 for the period of February 1, 2025 to July 1, 2025.\nAttachments: Agenda Report\nExcess Liability Proposal