City Council

30. 23-0652 Recommendation to authorize City Manager, or designee, to purchase,\nthrough Alliant Insurance Services, Inc., the following insurance policies:\n(1) excess municipal liability insurance, at a total premium not to exceed\n$7,390,387, with multiple carriers for a 12-month period, from July 1,\n2023, to July 1, 2024; (2) a buy-down deductible of the self-insured\nretention down to $7.5 million from Safety National, at a premium not to\nexceed $1,545,299; (3) a buy-down deductible of the self-insured retention\ndown to $5 million for the first claim only involving Officer Involved\nShooting, with Lloyd’s of London, at a premium not to exceed $928,011;\n(4) airport liability insurance, at a premium not to exceed $150,085, from\nNational Union Insurance Company; (5) aircraft liability and hull insurance\nfor police helicopters, at a premium not to exceed $74,813, from National\nUnion Insurance Company; (6) storage tank insurance, at a premium not\nto exceed $33,946, from Liberty Surplus Lines; (7) SPILLS pollution\ncoverage, at a premium not to exceed $14,229; (8) drone coverage, at a\npremium not to exceed $10,933, from Starr Indemnity & Liability Co.; (9)\ncrime coverage from National Union Fire Insurance Company of\nPittsburgh, PA and Berkley Insurance Company, at a premium not to\nexceed $44,111; (10) volunteer medical coverage, at a premium not to\nexceed $16,680; (11) marine insurance from International Marine\nUnderwriters (IMU), at a premium not to exceed $433,368; (12) cyber\nexcess coverage, at a premium not to exceed $264,165, from Beazley;\nand, (13) cyber breach response buy-up, for a premium not to exceed\n$9,940. All liability policies will be effective for a 12-month period from July\n1, 2023, to July 1, 2024. (Citywide)\nOffice or Department: HUMAN RESOURCES\nSuggested Action: Approve recommendation.\nCIVIC CHAMBERS, 5:00 PM