31 RESOLUTION NO. ____ _
2 A Resolution authorizing the City Manager to execute a policy of insurance with
3 ACE for Public Officials and Employment Practices Liability Insurance.
4 WHEREAS, the City, through its Agent of Record, Brown & Brown, has received
5 insurance quotes for Public Officials and Employment Practices Liability Insurance.
6 WHEREAS, the City Administration recommends that the City obtain coverage with
7 ACE for Public Officials and Employment Practices Liability Insurance for the 2013-2014
8 Fiscal Year based upon the current proposal;
9 NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY
10 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT:
11 Section 1. That the City Commission hereby authorizes the City Manager to execute
12 the insurance policy for Public Officials and Employment Practices Liability Insurance with
13 ACE for the 2013-2014 Fiscal Year.
14 Section 2. This resolution shall take effect immediately upon adoption.
15 PASSED AND ADOPTED this __ day of ____ , 2013.
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18 ATTEST: Approved:
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21 CITY CLERK MAYOR
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23 READ AND APPROVED AS TO FORM COMMISSION VOTE:
24 LANGUAGE, EXECUTION AND Mayor Stoddard:
25 LEGALITY: Vice Mayor Liebman:
26 Commissioner Newman:
27 Commissioner Harris:
28 Commissioner Welsh:
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31 CITY ATTORNEY
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INSURANCE PROPOSAL SUBMITTED ESPECIALLY FOR:
CITY OF SOUTH MIAMI
POLICY TERM:
10101113 TO 10101114
PRESENTED By:
ROBERT HOLLANDER
EXECUTIVE VICE PRESIDENT
BROWN & BROWN -MIAMI DIVISION
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PROPOSED PUBLIC OFFICIAL/EMPLOYMENT PRACTICES
LIABILITY COVERAGE
OPTION I
Insurer:
National Union Fire Insurance Company
Rated AXV By A. M. Best Co.
Type of Form:
Claims Made
Limits of Liability:
Each Claim
Aggregate
$1,000,000
$1,000,000
Defense Costs Are Outside Limit, Subject to Sublimit Endorsements, Per Attached Forms
Deductible:
$100,000 Each Wrongful Act other than an Employment Practices Violation
$100,000 Each Employment Practices Violation
$500,000 Retention applies to all Zoning Claims
Exclusions:
*Per attached Exclusions and Amendatory Endorsements
* Specimen Policy, Forms, Endorsements, Sublimit Endorsements and Exclusions Per
Attached For Review
Subject To:
• Additional claim reserve details on the 08/24/12 zoning claim settlement
• Copy of the EPL handbook
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PROPOSED PUBLIC OFFICIAL/EMPLOYMENT PRACTICES
LIABILITY COVERAGE
OPTION II
Insurer:
Ace American Insurance Company
Rated A+XV By A. M. Best Co.
Type of Form:
Claims Made
Extended Reporting Period: 12 months for 100% of last annual premium
Limits of Liability:
Each Claim
Aggregate
$1,000,000
$1,000,000
Defense Costs are Within Limit of Liability -Capped at $1,000,000
Deductible:
$100,000 Public Officials Liability -Public Entity Liability-1 A2 and IB
$150,000 Each Employment Practices Violation -lC
$250,000 Retention applies to all Zoning Claims
Exclusions:
*Per attached Exclusions and Amendatory Endorsements
* Specimen Policy, Forms, Endorsements, Sublimit Endorsements and Exclusions Per
Attached For Review
Subject To:
• Copy of the EPL handbook
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