City Council

8G. Finance — Approve Policy Renewal for Excess Workers' Compensation\ninsurance Coverage and Authorize the Finance Director to Execute the Policy.\nExpenditure: Not-to-Exceed $457,000 (Non-General Fund).\nRecommendation of the Finance Director that City Council:\n1) Approve the policy renewal for excess workers' compensation insurance coverage with\nPublic Risk Innovation, Solutions, and Management (PRISM) through Alliant Insurance\nServices, Inc. of Irvine, CA for an amount not-to-exceed $457,000 for a one-year period\nbeginning July 1, 2024 and ending July 1, 2025; and\n2) Authorize the Finance Director or designee to execute the insurance policy.