City Council

8H. Finance – Approve Renewal of Excess Workers' Compensation Program\nCoverage and Authorize Finance Director to Execute the Policy. Expenditure:\n$373,615 (Non-General Fund).\nRecommendation of the Finance Director that City Council:\n1) Approve renewal of excess workers' compensation program coverage from Public Risk\nInnovation, Solutions, and Management (PRISM) through Alliant Insurance Services,\nInc. of Irvine, CA at a premium in the amount of $373,615 plus taxes and fees for a\none-year period beginning July 1, 2023 and ending July 1, 2024; and\n2) Authorize Finance Director or designee to execute the insurance binder.\nCity Council Meeting 06-20-23 3 of 8