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Res No 096-19-15368
RESOLUTION NO. 9 6 -19 -153 6 8 A Resolution authorizing the City Manager to purchase Public Officials and Employment Practices Liability Insurance from Chubb for Fiscal Year 2019-2020. WHEREAS, the insurance marketplace for municipalities is limited; and WHEREAS, the City staff through World Risk Management, and through its Agent of Record, Brown & Brown, has solicited and requested independent insurance quotes for Public Officials and Employment Practices Liability Insurance; and WHEREAS, the continuation of the existing coverages with Chubb provides the best coverage options for $37,899 to meet the City's requirements; and WHEREAS, the City Manager recommends that the City continue coverage with Chubb for Public Officials and Employment Practices Liability Insurances coverage for 2019- 2020 Fiscal Year. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT: Section 1. The City Commission hereby authorizes the City Manager to execute the renewal insurance policy with Chubb for Public Officials and Employment Practices Liability Insurances 2019-2020 Fiscal Year. Section 2: Severability. If any section, clause, sentence, or phrase of this resolution is for any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the validity of the remaining portions of this resolution. Section 3. Effective Date: This resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED this 61h day of August, 2019. ATTEST: G CityCle c Eagle. • 9i I /�W. %m!W COMMISSION VOTE: 5-0 Mayor Stoddard: Yea Vice Mayor Harris: Yea Commissioner Welsh: Yea Commissioner Liebman: Yea Commissioner Gil: Yea Agenda Item No:2. City Commission Agenda item Report Meeting Date: August 6, 2019 Submitted by: Samantha Fraga-Lopez Submitting Department: Human Resources Rem Type: Resolution Agenda Section: Subject: A Resolution authorizing the City Manager to purchase Public Officials and Employment Practices Liability Insurance from Chubb for Fiscal Year 2019-2020.3/5 (City Manager -Human Resources) Suggested Action: Attachments: Memo Ace Chubb 19-20.docx Reso Chubb 19-20.docx Proposal.pdf Summary of Estimated Proposed Premiums.pdf 1 South Miami THE CITY OF PLEASANT LIVING CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER -OFFICE MEMORANDUM To: The Honorable Mayor & Members of the City Commission FROM: Steven Alexander, City Manager DATE: August 6, 2019 SUBJECT: A Resolution authorizing the City Manager to purchase Public Officials and Employment Practices Liability Insurance from Chubb for Fiscal Year 2019-2020. Background: City staff through World Risk Management, received a proposal from Public Risk Management of Florida (PRM), and through its agent of record, Brown & Brown, from Chubb and PGIT. The lowest total premium renewal quote for Public Officials Liability and Employment Practices Liability Coverage is from Chubb for $37,899. Recommended Action: The City Manager recommends that the City renew its policy with Chubb for the Public Officials Liability and Employment Practices Liability policy for a premium of $37,899. Attachments: Proposed Resolution Proposal from Brown & Brown INSURANCE PROPOSAL SUBMITTED ESPECIALLY FOR: CITY OF SOUTH MIAMI POLICY TERM: 10/01/19 TO 10/01/20 DATE OF PRESENTATION: JULY 129 2019 PRESENTED BY: ROBERT HOLLANDER EXECUTIVE VICE PRESIDENT BROWN & BROWN - MIAMI DIVISION INTRODUCTION We would like to take the opportunity to thank you for allowing us to work closely with you in our effort to develop a comprehensive Risk Solution Program for your business. Brown & Brown, Inc. is the largest independent agency organization in Florida and the 611 largest in the US. The company provides a variety of insurance products and services to corporate, institutional, professional and individual clients. Headquartered in Daytona Beach and Tampa, Brown & Brown is publicly traded on the New York Stock Exchange (BRO) and has been included in Forbes' list of the "200 Best Small Companies in America". The company handles clients' premiums in excess of 12 Billion annually and has in excess of 6,500 employees. We have insurance professionals who specialize in evaluating and protecting your personal assets - home, auto, watercraft and life. We also have an experienced employee benefits department who can assist you with group health, disability, life and dental. While size is not the sole criteria for choosing an insurance agent, it does enable us to offer our clients clout in the marketplace and unmatched service capabilities. Please feel free to visit our website at www.bbinsurance.com This insurance proposal is prepared based on data furnished h you for our review. It is not to be construed as an exact or complete analysis of the policies or as legal evidence of insurance. It is only a brief outline of your insurance coverage and is for information purposes only. In the event of difference, the provisions of the policy will prevail Please read -your policy carefully for a thorough understandinm of all terms, conditions and exclusions. ACCOUNT SERVICING TEAM Robert Hollander Executive Vice President 305-364-7818 rhollander@bbmia.com Nancye Batista, AAI Commercial Lines Associate Team Leader Account Manager 305-364-7816 nbatista@bbmia.com Alexandra Sarria Claims Representative 305- 364-7812 asarrial@bbmia.com 1"OW17 1-O �V it 14900 NW 79th Court, Suite 200 Miami Lakes, FL 33016 Telephone: 1-800-432-8844, (305) 364-7800 or (305) 714-4400 Fax: (305) 714-4401 TABLE OF CONTENTS I. Schedule of Named Insureds II. Coverage Sections o Property o Inland Marine o Crime o Commercial General Liability o Law Enforcement o Deadly Weapon Protection o Commercial Automobile o Public Official/Employment Practices Liability o Workers Compensation III. Summary IV. Illustrations and Definitions 7 SCHEDULE OF NAMED INSUREDS City of South Miami This list includes all of the named insured's we presently have on your policies. Should any revisions to this listing be required, please notify our office immediately. PROPOSED PROPERTY COVERAGE Insurer: Preferred Governmental Insurance Trust Location of Premises: Per Schedule Attached Description of Property: Blanket Building & Contents Limit, per attached schedule $22,763,841 TRIA — Limit: $1,000,000 - $2,500 Per Occurrence Deductible Values Insured are Ultimately Chosen by the Client. In view of the continually changing cost of construction and building materials, we strongly suggest that you review your property values annually. ANY changes in the occupancy of an insured location should be reported to our office immediately. Changes in occupancy can potentially reduce or negate the coverage afforded by your property policy Description of Coverages Proposed: Policy Form: Building & Personal Property Coverage Form — Special Causes of Loss: Special Form: Excluding Earthquake/Earth Movement Building & Personal Property: N/A Valuation: Replacement Cost Flood Limit: Per Occurrence and Aggregate: $1,000,000 Excess of NFIP Whether Purchased or Not M PROPOSED PROPERTY COVERAGE Continued Property Extensions of Coveraee: For a full description of terms, definitions and conditions, please refer to the policy documents. Extensions of Coverage- Deductible applies per the terms of the Coverage Agreemen .- verageposcription-- Limit Accounts Receivable sseD,DDo Additional Expense Animals _ — - St,DOD.DD0 $5.000 Business Income _ Buildings Under Construction 5500.000 If shown on Property schedule Debris Removal- ontit shown or 25% of loss, whichever is greater, per occurrence $250.000 or 25%ar loss. wt,idww is Wwter. per oocunerne Demolition. Ordinance and ICC $500,DOD Duty to Defend Included Errors and Omissions s25D,DOD Expediting Expense 555.000 Fire Department Charges s25.ODo Fungus Cleanup Expense s50.00 Lawns. Plants. Trees and Shrubs s25.DD0 Leasehold Interest _ _ New Locations $o S2,0DD,oDO Personal Property of Employees s50.Do0 Pollution Cleanup Expense S50,D00 Preservation of Property $250.000 Professional Fees $ 20,000 _ Property at Miscellaneous Unnamed Locations MOM() Recertification _ Service Interruption Covera a Sto-ODO 5700, 000 Transit $250,0130 Vehicle Property Coverage so PROPOSED PROPERTY COVERAGE Continued... Deductible: All Other Perils: $ 2,500 Per Occurrence — Building & Contents and Extensions of Coverage Named Storm: 5% Per Occurrence - Subject to $15,000 Minimum Flood: $2,500 Per Flood except zones A, V excess of NFIP, whether purchased or not Coverage Enhancements: Boiler & Machinery - Limit: $22,763,841- $2,500 Deductible Per Occurrence NOTE.- Detached walls, fences, radio and TV antennas, trees, shrubs, plants free-standing property improvements such as athletic equipment, windscreens, lightpoles, satellite dishes or signs are not covered unless specifically scheduled on the policy. Property and Extensions of Coverage include, but are not limited to the following exclusions: ■ Earthquake/Earth Movement ■ Electronic Data ■ Electronic Date Recognition ■ Asbestos • Pollution • Fungus • War, Nuclear ■ Ordinance or Law — Limited per Extensions of Coverage Note: The PGIT property program is a shared limit. The limits purchased are a per occurrence limit and in the event an occurrence exhausts the limit purchased by PGIT on behalf of the members, payment to you for a covered loss will be reduced pro-rata based on the amounts of covered loss by all members affected by the occurrence. WINDSTORM & HAIL DEDUCTIBLE SAMPLE ILLUSTRATION FLAT DEDUCTIBLE vs. PERCENTAGE Windstorm and Hail Deductible This deductible would apply to a claim for damage caused by windstorm. Building Replacement Cost Flat Ded. 2% Ded. 3% Ded. 5% Ded. Bldg. #1 - $1,000,000 $5,000 $201000 $30,000 $50,000 Bldg. #2 - $2,000,000 $5,000 $40,000 $60,000 $100,000 Bldg. #3 - $3,000,000 $55000 $60,000 $90,000 $150,000 Bldg. #4 - $4,000,000 $5,000 $80,000 $120,000 $200,000 TOTALS: Value - $10,000,000 $20,000 $2001,000 $3001000 $500,000 Percentage wind deductibles are calculated as a percentage of the total replacement value. 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NG 1aTI.,Z_,15 1GC1,7020 sv coc ze S:►AS IAuvr FL 33143 110-0 F3A f?e11w• N &A . ul 9..,Iw :)' d 1 S? - NC :o,Cl?2 19 10.C'.,2U20 PC CrA sc. &air tAlarrl FL 3?143 051 Ab"ha' S5dorr'Stnsv.CrB 1Si.Nc 1± 1?C'':O:;t S1CrHI tC Mw-i I L 7XI42 052 Bin S-rllur 5 halo o' SunW.. Dr S I W • NG teal, i! t i t 1 r; it P fsf-, rm sr. LEA E !✓d- o' S4i •ii ,Rve 4 15i • NG in,n1.7J1A 1U.C'."^D'n W Wn se Sn.t Mu-r Fl 1514: SCHEDULE OF COVERED PROPERTY Lac* D■scrlptim Address co"MType BR. Torre, t3rtiltiy conbnb Data Oab Value vs Ws :1t14 Murray AAA P=j, f171 SWEAth Rvoa1 10IDVZ016 1GC1f202D S1,344,4' 1 so splash Fycl. S:)Jt MlaTl FL 33143 066 woo0?x+8lbGolf, 33"siv?e3vaal 1W-r9T0 u411!NtrJ 106V1,202"I Sdero to Endcpoe 6.%JT M16-1 l L 33143 ".6 PJKe 1 uolra E •3V Sj-ox:),r o n(0VIN) 1A 1?A" •Inlfi S119k bnn $10,WK 5laturr saJr ►Aur-. n J.'5W Total $21 701,26C, $1,062,b8l m $22.763.641,00 Note: • During the proposed Coverage Agreement period, we will not charge an additional premium for new locations if the location is acquired after the inception date of the Coverage Agreement. If the newly added location was owned or acquired prior to the inception date of the Coverage Agreement then additional annual premium will be invoiced by endorsement. For two year coverage periods, additional premium will be charged on the second annual installment for locations added during the first year of the coverage agreement, - Preferred will be appraising all property currently scheduled. At time of finalization of appraisal, building values are to be adjusted accordingly or Stated Value endorsement will be applied with immediate effect. 7 PROPOSED INLAND MARINE COVERAGE Insurer: Preferred Governmental Insurance Trust Description of Property: Blanket Unscheduled Subject to $25,000 Any One Item Excludes Watercraft Causes of Loss: Special Form: Excluding Flood and Earthquake Values of Insurance: $4709479.00 Loss of Use coverage is not automatically included Valuation: Actual Cash Value Deductible: $1,000 Exclusions Include But Are Not Limited To: Flood Earthquake/Earth Movement Biological or Chemical Materials Electronic Data Electronic Date Recognition Asbestos PROPOSED CRIME COVERAGE Insurer: Preferred Governmental Insurance Trust Type of Policy: Combination Crime Limits of Coverage: Employee Dishonesty Incl. Faithful Performance $ 1009000 Per Loss Covers loss of money, securities and other property by employee dishonesty at all premises of the insured. FoT4g or Alteration I $ 11009000 Covers loss by forgery or alteration of checks, drafts, and promissory notes (except by an employee) that are made or drawn by the insured or his agent. Co m uter Fraud Including Funds Transfer Fraud $ 1100,000 Covers against theft of money, securities, or property by using a computer to transfer covered property from the insured's premises or bank to another person or place. No coverage is provided for theft of information or for computer vandalism. Theft, Disappearance or Destruction $ 100 000 Other Coveraptes Available: D. Robbery and Safe Burglary E. Premises Burglary G. Extortion H. Premises Theft and Robbery Outside I. Lessees of Safe Deposit Boxes J. Securities Deposited with Others Deductibles: Employee Dishonest $1000 Forgery or Alteration $1 000 Computer Fraud $1000 Theft Disappearance or Destruction 1 $1 000 PROPOSED GENERAL LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Type of Form: Commercial General Liability - Occurrence Form Limits of Liability: Bodily Injury & Property Damage Liability $1,000,000 Each Occurrence General Aggregate N/A Products/Completed Operations Included Personal Injury & Advertising Injury Included Damage to Premises Leased/Rented to You Included Any One Fire Bodily Injury and Property Damage Deductible $10,000 Per Occurrence Employee Benefits Liability, Per Person $1 000 000 Fire Damage Included PGIT MN-203 Part B Limit $300,000 Higher Liability Limits may be Available Upon Request Exposure Basis: Class Basis Amount Municipality Payroll $4 219 450 Be sure to get Certificates of Insurance with "Adequate" Limits and Coverage from Subcontractors, to avoid being charged as though Subcontractors were your Employees. Coverage Enhancements: Herbicide & Pesticide - $1,000,000 Aggregate Limit Sewer Backup and Water Damage Limit - $10,000 No-Fault/$200,000 At Fault: Subject to $200,000 Aggregate Exclusions include but are not limited to: ■ Pollution ■ Asbestos ■ Mold ■ Fungus, Bacteria ■ Lead ■ Nuclear ■ Medical Payments ■ Liquor Liability ■ Copyright or Patent Infringement ■ Public Officials Liability/Employment Practices Liability ■ Unmanned Aircraft/Drone Liability 9 PROPOSED LAW ENFORCEMENT LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Type of Form: Occurrence Limits of Liability: Per Person $11,000 000 Per Occurrence $1000 000 Deductible: N/A Exposure Basis: Class Basis Amount Law enforcement Number of Officers 52 Full Time 2 Part Time Defense Costs — Outside of the limit; does not erode the limit for General Liability and Law Enforcement Liability Deadlv Weapon Protection (Claims Made Coverage) (Claims Expenses erode the limit of liability) Retroactive data: 10/01 /2019 COVERAGE LIMIT DEDUCTIBLE DEADLY WEAPON EVENT (Inclusive of Claims Expenses) $1,000,000 Per Event $0 Per Event SUBLIMITS (These limits do not increase the event limit stated above BUSINESS INTERRUPTION INCLUDED DEMOLITION, CLEARANCE AND MEMORIALIZATION $250,000 Per Event EXTRA EXPENSE $250,000 Per Event CRISIS MANAGEMENT INCLUDED PROPERTY DAMAGE EXTENSION $250,000 Per Event COUNSELING SERVICES $250,000 Per Event FUNERAL EXPENSES $250,000 Per Event CLAIMS EXPENSES INCLUDED 1 PROPOSED COMMERCIAL AUTOMOBILE LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Limits of Liability: Bodily Injury & Property Damage Liability $19,0009000 Combined Single Limit Liability Coverage Provided For: Symbol #: 1 Any Auto Personal Injury Protection $10,000 Each Person - Symbol #: 5 (Florida No -Fault) Owned Auto Subject to No Fault Medical Payments Not Each Person — Symbol Included Uninsured Motorists Non -Stacked Not Per Accident Included Physical Damage: Symbol #: 2,8 Collision $19000 Deductible Comprehensive $1000 Deductible Physical Damage Coverage Provided For: Symbol #: 2, 8 Per Schedule/Hired Autos Only Higher Limits of Liability May Be Available Upon Request Coverage Enhancements: ■ Hired Auto Liability • Non -Owned Auto Liability ■ Hired Physical Damage Limit: $75,000 Subject to deductible NOTE: The vehicles listed on this policy must be owned by, titled to or leased to the Named Insured. 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N10,11 s.oL'tQUt 1°0 ovu3:IAI-MA-4) 116] 0np.5 ysc , W=V OCOLIQU I 660VIGIU, CCO IS HOMO.% )TO 9010d Y0009IXSO.,%WdBYsZ I:OC OC696S CILaOSAIal OtO 'ICICI CU6'tS U Of,M.I Oultid a{Iar1AI.W.*C] waj 4n ON, dnp.%I:112-3 PICOW nzut'ICat l A.V.'LA,n. :cn 1 nrnr.tGOt 114- WV rivanln+rzhzr_I i1,I alnt 91 I U1,11911 v'v.n%11t111 fllOZ?LC41)t Cnn'Is Aiap"LCIg1 Q*104 ?.r:II*uJ9A46u011 luc-i uWl P'+0 odsj uoWjvA OCID #a I" Ilea b"41 la 014A X"A UUDl 93 Poo dn "NA dweo dwn dw,000 031V WbW&OdM7 I uelydl»s' m pOv1 -pm aznQaHJS grlJIHHA i RESOLUTION NO. 96-19-15368 A Resolution authorizing the City Manager to purchase Public Officials and Employment Practices Liability Insurance from Chubb for Fiscal Year 2019-2020. WHEREAS, the insurance marketplace for municipalities is limited; and WHEREAS, the City staff through World Risk Management, and through its Agent of Record, Brown & Brown, has solicited and requested independent insurance quotes for Public Officials and Employment Practices Liability Insurance; and WHEREAS, the continuation of the existing coverages with Chubb provides the best coverage options for $37,899 to meet the City's requirements; and WHEREAS, the City Manager recommends that the City continue coverage with Chubb for Public Officials and Employment Practices Liability Insurances coverage for 2019- 2020 Fiscal Year. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT: Section 1. The City Commission hereby authorizes the City Manager to execute the renewal insurance policy with Chubb for Public Officials and Employment Practices Liability Insurances 2019-2020 Fiscal Year. Section 2: Severability. If any section, clause, sentence, or phrase of this resolution is for any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the validity of the remaining portions of this resolution. Section 3. Effective Date: This resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED this 6" day of August 2019. ATTEST: APPROVED: k,k" � &- )wa4�� City Clelk Mayo COMMISSION VOTE: 5-0 Mayor Stoddard: Yea Vice Mayor Harris: Yea Commissioner Welsh: Yea Commissioner Liebman: Yea Commissioner Gil: Yea Agenda item No:2. City Commission Agenda item Report Meeting Date: August 6, 2019 Submitted by: Samantha Fraga-Lopez Submitting Department: Human Resources Rem Type: Resolution Agenda Section: Subject: A Resolution authorizing the City Manager to purchase Public Officials and Employment Practices Liability Insurance from Chubb for Fiscal Year 2019-2020. 3/5 (City Manager -Human Resources) Suggested Action: Attachments: Memo Ace Chubb 19-20.docx Reso Chubb 19-20.docx Proposal.pdf Summary of Estimated Proposed Premiums.pdf 1 South Miami THE (ATY OF PI.FASANT LIVING CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER -OFFICE MEMORANDUM To: The Honorable Mayor & Members of the City Commission FROM: Steven Alexander, City Manager DATE: August 6, 2019 SUBJECT: A Resolution authorizing the City Manager to purchase Public Officials and Employment Practices Liability Insurance from Chubb for Fiscal Year 2019-2020. Background: City staff through World Risk Management, received a proposal from Public Risk Management of Florida (PRM), and through its agent of record, Brown & Brown, from Chubb and PGIT. The lowest total premium renewal quote for Public Officials Liability and Employment Practices Liability Coverage is from Chubb for $37,899. Recommended Action: The City Manager recommends that the City renew its policy with Chubb for the Public Officials Liability and Employment Practices Liability policy for a premium of $37,899. Attachments: Proposed Resolution Proposal from Brown & Brown 2 INSURANCE PROPOSAL SUBMITTED ESPECIALLY FOR: CITY OF SOUTH MIAMI POLICY TERM: 10/01/19 TO 10/01/20 DATE OF PRESENTATION: JULY 12, 2019 PRESENTED BY: ROBERT HOLLANDER EXECUTIVE VICE PRESIDENT BROWN & BROWN - MIAMI DIVISION INTRODUCTION We would like to take the opportunity to thank you for allowing us to work closely with you in our effort to develop a comprehensive Risk Solution Program for your business. Brown & Brown, Inc. is the largest independent agency organization in Florida and the 61' largest in the US. The company provides a variety of insurance products and services to corporate, institutional, professional and individual clients. Headquartered in Daytona Beach and Tampa, Brown & Brown is publicly traded on the New York Stock Exchange (BRO) and has been included in Forbes' list of the "200 Best Small Companies in America". The company handles clients' premiums in excess of 12 Billion annually and has in excess of 6,500 employees. We have insurance professionals who specialize in evaluating and protecting your personal assets - home, auto, watercraft and life. We also have an experienced employee benefits department who can assist you with group health, disability, life and dental. While size is not the sole criteria for choosing an insurance agent, it does enable us to offer our clients clout in the marketplace and unmatched service capabilities. Please feel free to visit our website at www.bbinsurance.com This insurance proposal is prepared based on data furnished by you for our review. It is not to be construed as an exact or complete analysis of the policies or as legal evidence of insurance. It is only a brief outline of your insurance coverage and is for information purposes only. In the event of difference, the provisions of the policy will prevail Please read your policy carefully for a thorough understandin-g of all terms, conditions and exclusions. ACCOUNT SERVICING TEAM Robert Hollander Executive Vice President 305-364-7818 rhollander@bbmia.com Nancye Batista, AAI Commercial Lines Associate Team Leader Account Manager 305-364-7816 nbatista@bbmia.com Alexandra Sarria Claims Representative 305-364-7812 asarrial@bbmia.com W()Wll c�FO bV Il 14900 NW 79th Court, Suite 200 Miami Lakes, FL 33016 Telephone: 1-800-432-8844, (305) 364-7800 or (305) 7144400 Fax: (305) 7144401 TABLE OF CONTENTS I. Schedule of Named Insureds II. Coverage Sections o Property o Inland Marine o Crime o Commercial General Liability o Law Enforcement o Deadly Weapon Protection o Commercial Automobile o Public Official/Employment Practices Liability o Workers Compensation III. Summary IV. Illustrations and Definitions 7 SCHEDULE OF NAMED INSUREDS City of South Miami This list includes all of the named insured's we presently have on your policies. Should any revisions to this listing be required, please notify our office immediately. PROPOSED PROPERTY COVERAGE Insurer: Preferred Governmental Insurance Trust Location of Premises: Per Schedule Attached Description of Property: Blanket Building & Contents Limit, per attached schedule $22,763,841 TRIA — Limit: $1,000,000 - $2,500 Per Occurrence Deductible Values Insured are Ultimately Chosen by the Client. In view of the continually changing cost of construction and building materials, we strongly suggest that you review your property values annually. ANY changes in the occupancy of an insured location should be reported to our office immediately. Changes in occupancy can potentially reduce or negate the coverage afforded by your property policy Description of Coverages Prouosed: Policy Form: Building & Personal Property Coverage Form — Special Causes of Loss: Special Form: Excluding Earthquake/Earth Movement Coinsurance: Building & Personal Property: N/A Valuation: Replacement Cost Flood Limit: Per Occurrence and Aggregate: $1,000,000 Excess of NFIP Whether Purchased or Not M PROPOSED PROPERTY COVERAGE Continued Property Extensions of Coveraac: For a full description of terms, definitions and conditions, please refer to the policy documents. Extensions of Coverage- Deductible appltes pe: the terms of the Coverage Agre. Description — Accounts Receivable S500,DD0 Additional Expense — - 31.DDD,000 Animals $5.ODD Business Income _ _ _ _ S500.000 Buildings Under Construction If shown on Property schedule Debris Removal- limit shown or 25% of loss. whichever is greater, pet occurrence $250.000 or 25%af mss. vfiWwwr m Wwtar. per OapllrenCe Demolition. Ordinance and ICC $NO.DOD Duty to Defend Included Errors and Omissions 3250,000 Expediting Expense 355.D00 Fire Department Charges 325.00 Fungus Cleanup Expense $50,000 Lawns, Plants. Trees and Shrubs S25.o00 Leasehold Interest $D New Locations $4000.01)0 Personal Property of Employees 350.DD0 Pollution Cleanup Expense $5 •000 Preservation of Property $250.000 Professional Fees 320,DOG Property at Miscellaneous Unnamed Locations $150. D00 Recertifica0on 310.000 Service Interruption Coverage 3100.1300 Transit $250.DOD Vehicle Property Coverage w 1 PROPOSED PROPERTY COVERAGE Continued... Deductible: All Other Perils: $ 2,500 Per Occurrence — Building & Contents and Extensions of Coverage Named Storm: 5% Per Occurrence - Subject to $15,000 Minimum Flood: $2,500 Per Flood except zones A, V excess of NFIP, whether purchased or not Coverage Enhancements: Boiler & Machinery - Limit: $22,763,841- $2,500 Deductible Per Occurrence NOTE. Detached walls, fences, radio and Tv antennas, trees, shrubs, plants free-standing property improvements such as athletic equipment, windscreens, lightpoles, satellite dishes or signs are not covered unless specifically scheduled on the policy. Property and Extensions of Coverage include. but are not limited to the followina exclusions: ■ Earthquake/Earth Movement ■ Electronic Data ■ Electronic Date Recognition • Asbestos ■ Pollution ■ Fungus ■ War, Nuclear ■ Ordinance or Law — Limited per Extensions of Coverage Note: The PGIT property program is a shared limit. The limits purchased are a per occurrence limit and in the event an occurrence exhausts the limit purchased by PGIT on behalf of the members, payment to you for a covered loss will be reduced pro-rata based on the amounts of covered loss by all members affected by the occurrence. WINDSTORM & HAIL DEDUCTIBLE SAMPLE ILLUSTRATION FLAT DEDUCTIBLE vs. PERCENTAGE Windstorm and Hail Deductible This deductible would apply to a claim for damage caused by windstorm. BuRding Replacement Cost Flat Ded. 2% Ded. 3% Ded. 5% Ded. Bldg. #1 - $1,000,000 $5,000 $20,000 $30,000 $50,000 Bldg. #2 - $2,000,000 $5,000 $405000 $60,000 $100,000 Bldg. #3 - $3,000,000 $5,000 $60,000 $90,000 $1509000 Bldg. #4 - $45000,000 $5,000 $80,000 $120,000 $200,000 TOTALS: Value - $10,000,000 $20,000 $200,000 $300,000 $500,000 Percentage wind deductibles are calculated as a percentage of the total replacement value. SCHEDULE OF COVERED PROPERTY act CAA r„411 awn 611!' ?,W 611 SVAwI ' 1 • At mi.W19 51)-rz02D sm.20 SS 457 cam So- MIati FL 3314,3 UC2 PUGIG Wlxkid'MU0 4745 S'/J 751h1•uorw -'9 -.b' 101010M 1041C'.1702D In! 20U Si 3'@ Buldko 5D1f MlaTl FL 13143 003 SoxagslNolar Past 470C SW 75t, AwA4 31 • FR 'UN112019 101""QU20 SS+t.rN10 i0 [MLA 621r Mtar4 IF N314? OU1 Sold lvaale Bloc • . 4M, SW r5n AV& 4 152 • Nt' 10MI.W19 1000• 10X S1f5_250 30 Oay slop SO.& ►A4., 1-1 9514i OD5 C4y0=90 00 SW ?Sr AYWW 111 . M1JC 10SYM2014 1CAC10112.1 vr&3.son t0 F.ap PAL" Fl. 33143 u06 Clt/a Repar Shop 479E SYI 15h Arw-" "0 .,L4 tart 2 19 1Q'C'.-2020 SW COG SSS 267 Spa Mta+l F1 33143 aW Ptobw S1nrAUb FH40 470S 57J M11Awce A •W 11134151.12016 1QC162020 S1l-800 t0 fib.? MiarA FL 33141 008 Wrto a. FmodI 9KC Rod Rood • 3! - FR 1011112019 10e." i2025 S95 W to Far..' T«mu pro sops ItAwrl fL 31'41 Shan 4. Awe>.wn, pae ODQ coma B. Fmull %W. Rod Road 152. NO sth0V2619 10,: ,7n?n Sbb naa sn Pus - 2 GwM" SoJ? M,wri fl. Sy•41 010 Lame 0.fMORI WX Aod Road 102- °1TO -Qmv?0.4 1Q'C•',:n2a SM500 fat' Flan -C, 4r4r Tn, &j.& Mw►r. FL W4_' -mints Ccurlf ISC,1100 va•Rerce a' 1 N"Im 6,rao4l WX R-d Rt,"d IT". Viso 101UP201-3 1Q1c•,A20 S1Pl C'a0 f0 Pork,' PldrgroUnd 86_* MUWI FL 33!41 tu,000 Comwks 1-lWod! SCHEDULE OF COVERED PROPERTY Loch Oeacdcam Address co"trypo Elf, Tang Buildeq Ctenestes Dtelo Deb Val1m voles U'2 Qaato6,Fws:41 MMRonRnA4 IW.r'IT0 1C101!3519 106t,"l020 526M iC Posts• 2 Ra:quclbell Solt Maw FL 33143 Coils 0'3 Cwto B. Faitxll Oe1.0 Rad Rood 102- r+IT0 10•U112019 1Ctit"'llll:l S11.Ctw SC karx . ' BoAftell i q 1rt Solt rowvi rl 33143 0'4 uanla a.-OSMI• 1 M HOC Maud 59 -JV IAMIl;titG tht*.111)26 W,1'10 Sr rW Hul Sa.& M, rl imo 0'S Oanle b,151, 41 NCC4 Fed Road '31 .FR tnellt!2019 1GC MX: W Coo fL' C.nnlrnrlly $Inlaau .,.* MWrvi FI 9:4143 0t6 Faris Poo P"Itin u4b fld'9 fcl:wel lui • 1 toms! 10101!20iS MC1.7020 S)1 taa a 5fn 114560 Co parrs :.olt rdlarrl FI 31143 hcLcad? U'7 Fri•e11 Pb1 - 6446 3M'E' SYcert "Q -.1L' IQL''!:020 SO4_C00 >1C 6S1htJ�n' S�A'Mlari IL 33143 0'b Fine Poll; 6446 aN' B' 91ma/ 107 P173 ?U,itt!l'tH IV' "Mu t �'J, I r lr S4 r1mr1ground K'.ir1*2 Solt Mw+t I L 33142 Snt• 0'4 f'almo• Park• held 044: Ss\'r!' 38a31 15: • NC 'Otni A9 161`'.71190 14i E[A !L $Iteraat, IIt1171't0 f njp IAiw" FI x3iv O20 11n}*ee Pa* l o•. UW1 d701 SW 6 Fr1 A%Wav "ti •Jv 'Omt!?Jt. 1Qr' 1a? t 17i Coo t45 730 Sr,xwp RkN) Sa1D Pdwvi FL 93143 .771 nslt^« Pwk rnalter(l 6701 Wf/ 07, Awr" "9 • u' tG1a/ :�19 I -7023 S?: Coo ties Sao 3lnrapo Rrnn Solt Mwrt FL 33142. Ll"21 Pa111terPort�id 610o5Yt6T?-,Avae&m "p-.iv 'C1U1 10C'10:0 SlitQ20 SS'Lr Hoaw S»t, Mlarl 11 33142 U2 Talmo• Nul C701 SIN C7r Ayp^e p 19% • �lT•S 11.1 (1!2; 15 Ids' a'tt ' is-• r 1H' fr Ploy7toun." :s7A PA0-i I l 5'4-) 021 F'altrorPais'12"11 Ur01Wbt7-•A%%-uo 10:•c110 'C'GtW2 1G "02:1 i1`_f1?C, f! ,4511IIq* Tenri. r.rJt ►Jury fl :r3!AS Oi5 Palma• Pact• 10M n d(tit SW r*n Avre,e 1:2. 7rp tomt!;i14 1C%IC :0?_ S1E ilia se {N' 0 h H uli rum. S:.A+ 1/ea+-. FI 3 042 SCHEDULE OF COVERED PROPERTY Lac QucApbn Atrdr.r. Comt Trw FiT, Torm, @ el" Cwtesnlr Oato DOU Vdtw yak* 412E Palmer Au% - 6701 SW SM AowvA rl -•:u 10101!1319 lot;'•1202D Sa1,EN iQ Fiortr"r sila Go.&.&"'ri FL 33143 027 PnlmatPam . 0701 SW Grt,Avo•vo •0 W 'WVI!it�1P 1QC'1lO:J SSI.000 i4 Tvanlon Bh.G So.►t ►ita+l rL 33143 4128 0rvyw Pam -2 GT-1S $N'vul 57001 ",7.31'. n�n1 �,19 1Qt •r�n�n Yy6rdS y1 Rnt��Mho1 founts Sm& IA..-. rl :15W 02A Iknntr Pot • 11 tKC$INWh S"vl 102-PITO 1nMI,12019 mr,on7n SIAM S0 RnLkmlu IC.).-e. .Surf` IAttarl F1 'i:1143 (130 Hrwrwt r'ntu - A1iaG swill 80""1 102 • =M I U SG101!2014 1G1051-2020 sx UG 50 PI&FOrottntl ord &:s f /Alavl FI 33143 Sorg Sol 0'dl arares Hum-? 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Marl Ft 33143 hcpaFi4arAMoly 6701 SW 56Flats 10,01!2010 5271.080 w C4ftcl S3,v& 146" 1-L 33143 037 oncuWalco 3975 &row D'Iso "0 1y 1111n11�K116 1!11;•121):11 sr 312.4VV tub HAll7q :iYJ7 19ty-4 I L .IJ141 098 Gty -WI; Pei 0�30 Scam L*..v ss.tw.AAn 3�.aT9 fr,.st IA.n-,t rl J314: n3� St so Ata-tr+ Wig 6 .3u 5roe1 iYi.e "9 •.W 1010I.W19 IM-470N1 S4ii, .P.O $56 7n6 >S>� IAiati Fl 33143 itt6F I= !-f'ri iris UPS U(YJC5S WCa".3aI. 5.0c*tU-Ut ON •2Gl 4-16V 7!r!AC-0 wP+C 7 .a1tbL6 va +:SQ JS VirJ :sL UlI ,�.,�rl t 1.;✓, iiuui ON • St 5 IQ *AK Un ;,a ap•t; g Alty-S art] ,C i►tzc i i 1-81ri yc-; nU9 iSi 1 .Oi..3C l nt:P..lion. ON CSl 4 Sn rrsun5 ,o up g ell 3 �d L9Q ittCF. 11 MAIN VC111 )S YJ7 7.S oznr..a�ot 6LCZ I9 0. UN LSI T C 7"Ll"S Ir "D:9 N "11pv �f! tTi11 ctleE �J ••nr+ rr'os os DOD-hS ataL�! W)1. 5 L OV IU-U IN • 7.St s.e ,wWwo (n wt►e5 N �tt1� �,� Qe+� coo.x ld !-mrl -VrS oUo YS 1 n oluL`-3171 5I4C.tWa► Ar• n. , alaki dS MS Al.,G Ucat73 QnS40lod >i4U S IF" ZY .tS u1tJYts WCui.'.uhl tilP:.iptif- ON•c'5t Fi.`154a�.yUtnc.M� xozv�•�adX.4C LYO itl{:C 1J w-virr 4'cq n n79,9cr6i Q7nT..ACI ht:T.itn•t. Zad• tE. t004gEl'AIL'SSZ-G5 A.+tllad A9C cticc 11 r.L.,r+ arcs t 04�tSZ5 ti.niJ'.:�Gt 6t:Zi.:UUt \I' d•• INUR%D9AiSW" Fl,adw•JpRlSIjJ 5171 %ric itICE IJ IAIri 4rcS 9Aa11 •tl1ad US D0JZ5S QLat'.a'Qt sox. Ia-o I)A ZOI la«.tom HP 1043 •!LIP ItiMUaJIMll"-R►'1 too ;mS thiarg ptrr TrL0; Id OWN A^ ' PO1IANdlYi"d OS U05 LSS CCUi:.tit7l 5Ic\:.tWa. OJk •zri IA°Q, GU Ims .11:. ;kmlunOhhla4ILMIN :1C of 01.94tadt ttu;.;rttlnit ON•:SI Wv4993AtS.Ztl. uasuiallMll�t+°ri %YQ itIC9 lJ FAMN -VCS ; Ot M►;dlS C70?. .:4101 'hLW.tiUot UttnoJ • lot ✓'fl= 121•3A19 OZ'1 i Wid 111M .RW the itltE li 13RIVi 4r6S Ulkj ISallia7 OtNt'35C4 Oowalz- Es Ge0zi.QGt otozamnl J;?44 . I l t girl" 99." 7m UJIU10•J AWIA W-u8 QNQ •40A anINA Km •Ma IFF"Woo &-mire awl Ug adA'L &wooO amppv wopdyvwa 0 �1 AJL113d0Hd QuaxHA03 90 2[znQHH3s SCHEDULE OF COVERED PROPERTY Lac! Ossvlptlan Addrseo coast Type E1'r, Terre, Witiq tonertnea Data Dam Stales vows Ub4 MJrray Auk M4, 6171 SWMh f3h00l ".A -.Iv WMI)Z416 1=1,12020 St.344.4'1 so spuart pool. S3Jf M►ai/ FL 33143 • kOSrfO�n: 056 Wow 06xrelaQUID 33"SN•7e3vool 1W-MT0 U'U1!001w 106t 420LU 14.1.'6 to �ndosur Swt Mes-1 I L :17143 056 PJ" l Ualr•0 a •33 &ra r a t•a "Is •JW Oglt!;Yr1A 1W, rMfl S1Er. On 510,04 S1aluwr Salt Mu.-. rl Total S71 701.26C S1,pyZ,:r61 T1Y $22,76S,841,00 Note: • During the proposed Coverage Agreement period, we will not charge an additional premium for new locations if the location is acquired after the inception date of the Coverage Agreement. If the newly added location was owned or acquired prior to the inception date of the Coverage Agreement then additional annual premium will be invoiced by endorsement. For two year coverage periods, additional premium will be charged on the second annual installment for locations added during the first year of the coverage agreement, • Preferred will be appraising all property currently scheduled. At time of finalization of appraisal, building values are to be adjusted accordingly or Stated Value endorsement will be applied with immediate effect. PROPOSED INLAND MARINE COVERAGE Insurer: Preferred Governmental Insurance Trust Description of Property: Blanket Unscheduled Subject to $25,000 Any One Item Excludes Watercraft Values of Insurance: $4709479.00 Causes of Loss: Special Form: Excluding Flood and Earthquake Loss of Use coverage is not automatically included Valuation: Actual Cash Value Deductible: $1,000 Exclusions Include But Are Not Limited To: Flood Earthquake/Earth Movement Biological or Chemical Materials Electronic Data Electronic Date Recognition Asbestos 1 PROPOSED CRIME COVERAGE Insurer: Preferred Governmental Insurance Trust Type of Policy: Combination Crime Limits of Coverage: Employee Dishonesty Incl. Faithful Performance $ 1009000 Per Loss Covers loss of money, securities and other property by employee dishonesty at all premises of the insured. Fq%eg or Alteration 1 $ 100 000 Covers loss by forgery or alteration of checks, drafts, and promissory notes (except by an employee) that are made or drawn by the insured or his agent. Co m ter Fraud Including Funds Transfer Fraud $ 1100,000 Covers against theft of money, securities, or property by using a computer to transfer covered property from the insured's premises or bank to another person or place. No coverage is provided for theft of information or for computer vandalism. Theft, Disappearance or Destruction 1 $ 100 000 Other Coverages Available: D. Robbery and Safe Burglary E. Premises Burglary G. Extortion H. Premises Theft and Robbery Outside I. Lessees of Safe Deposit Boxcs J. Securities Deposited with Others Deductibles: Employee Dishonest $1000 Forgery or Alteration $1000 Computer Fraud $1 000 Theft Disappearance or Destruction $1 000 PROPOSED GENERAL LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Type of Form: Commercial General Liability - Occurrence Form Limits of Liability: Bodily Injury & Property Damage Liability $1,000,000 Each Occurrence General Aggregate N/A Products/Completed Operations Included Personal Injury & Advertising Injury Included Damage to Premises Leased/Rented to You Included Any One Fire Bodily Injury and Property Damage Deductible $10,000 Per Occurrence Employee Benefits Liability, Per Person $1 000 000 Fire Damage Included PGIT MN-203 Part B Limit $300,000 Higher Liability Limits may be Available Upon Request Exposure Basis: Class Basis Amount Municipality Payroll $4 219 450 Be sure to get Certificates of Insurance with "Adequate" Limits and Coverage from Subcontractors, to avoid being charged as though Subcontractors were your Employees. Coverage Enhancements: Herbicide & Pesticide - $1,000,000 Aggregate Limit Sewer Backup and Water Damage Limit - $10,000 No-Fault/$200,000 At Fault: Subject to $200,000 Aggregate Exclusions include but are not limited to: ■ Pollution ■ Asbestos ■ Mold ■ Fungus, Bacteria ■ Lead ■ Nuclear ■ Medical Payments ■ Liquor Liability ■ Copyright or Patent Infringement ■ Public Officials Liability/Employment Practices Liability ■ Unmanned Aircraft/Drone Liability 9 PROPOSED LAW ENFORCEMENT LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Type of Form: Occurrence Limits of Liability: Per Person $11,000 000 Per Occurrence $1000 000 Deductible: N/A Exposure Basis: Class Basis Amount Law enforcement Number of Officers 52 Full Time 2 Part Time Defense Costs -- Outside of the limit; does not erode the limit for General Liability and Law Enforcement Liability Deadly Weapon Protection (Claims Made Coverage) (Claims Expenses erode the limit of liability) Retroactive date- 10101 /2019 COVERAGE LIMIT DEDUCTIBLE DEADLY WEAPON EVENT (Inclusive of Claims Expenses) $1,000,000 Per Event $0 Per Event SUBLIMITS (These limits do not increase the event limit stated above BUSINESS INTERRUPTION INCLUDED DEMOLITION, CLEARANCE AND MEMORIALIZATION $250,000 Per Event EXTRA EXPENSE $250,000 Per Event CRISIS MANAGEMENT INCLUDED PROPERTY DAMAGE EXTENSION $250,000 Per Event COUNSELING SERVICES $250,000 Per Event FUNERAL EXPENSES $250,000 Per Event CLAIMS EXPENSES INCLUDED �1 PROPOSED COMMERCIAL AUTOMOBILE LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Limits of Liability: Bodily Injury & Property Damage Liability $1,000,000 Combined Single Limit Liability Coverage Provided For: Symbol #: 1 Any Auto Personal Injury Protection $10,000 Each Person - Symbol #: 5 (Florida No -Fault) Owned Auto Subject to No Fault Medical Payments Not Each Person — Symbol Included Uninsured Motorists Non -Stacked Not Per Accident Included Physical Damage: Symbol #: 2,8 Collision $19000 Deductible Comprehensive $1000 Deductible Physical Damage Coverage Provided For: Symbol #: 2,8 Per Schedule/Hired Autos Only Higher Limits of Liability May Be Available Upon Request Coverage Enhancements: • Hired Auto Liability ■ Non -Owned Auto Liability ■ Hired Physical Damage Limit: $75,000 Subject to deductible NOTE: The vehicles listed on this policy must be owned by, titled to or leased to the Named Insured. 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GOO 401'4E1 iXCCU.WDt rl'Of3C.DI C4DC LS DI9C.4Qht Wlad ➢9.d Ncd rGL r'IPAgtc_OPTJV (lZn?.'LIII! t R..VA11,nt f,C1:'is G7.nNOML rrnx 10.1 1. atop trc00 C.: Z,14,OL i 0Z:t1:.Q1 r;nc'1t e.➢t'lsGt �IrAd c7rAnS ao•l OLL *dAl uowivA LA".1 I1aa iH III ra 1102 UU91 IV vdA.L vIat&pa* d MA t"A *aim uuol dote, Y9 doom POO duma 03 -IV pteWW"O oolidi»200 SPelr I O*w 57lrilA TFIGHH3s 913IMA VEHICLE SCHEDULE MIAN modsYD"Gilaon DopmAirwort AL EB Camp Camp Camp Vakm un" Dad EA I Term Yaw VIM 0 vWole Type AL Tura Can can Eft Coll valuxuan Type D*d Tomi PUBLIC OFFICIALS & EMPLOYMENT PRACTICES PROPOSED LIABILITY INDICATION PENDING FIRM QUOTATION PER SUPPLEMENTAL Insurer: Ace American Insurance Company Type of Form: Claims Made — Retro Date Per Policy Form Extended Reporting Period: 12 months for 100% of last annual premium Limits of Liability: : Each Claim $190009000 Aggregate $4000 000 Crisis Management Fund $259000 Defense Costs are Within Limit of Liability — Capped at $1,000,000 Deductible: $50,000 Public Officials Liability — Public Entity Liability - 1 A2 and 1 B $100,000 Each Employment Practices Violation —1 C $150,000 Retention applies to all Zoning Claims and Matters Exclusions Include But Are Not Limited To: Network Security or Privacy Liability Exclusion Bond Exclusion False Claims Act Exclusion Subject To: Final review of loss runs 30 days prior to effective date PROPOSED WORKERS' COMPENSATION COVERAGE Classifications & Exposures: Classification Code No. Gross Payrolls Street or Road Maintenance 5509 456 990 Police & Drivers 7720 4.219.450 Auto Service Repair 8380 1471,895 Clerical 8810 2,835 001 Bld ./Owner/Lessee 9015 94,027 Park NOC 9102 485,185 Garbage: Collection & Drivers 9403 383,853 Municipal NOC 9410 426,203 College: Professional Em to ccs 8868 22 005 YMCA YWCA — All Employees 9063 23,149 Premium $2809289.00 Standard Limits of Liability $100 0001$500 0001$100 000 Included Increased Limits of Liability 1,000,000/1,0009000/1,000,000 Included Workplace Safety Program Credit 2% -5 606.00 Drug -free Workplace Program Credit 5% -13 734.00 Experience Modification .92 1 -20 876.00 Schedule Rating Premium Ad'ustmcnt -989910.00 Premium Discount -11936.00 Expense Constant $160.00 Total Premium $1295,387.00 Policy Payroll is Subject To Audit Higher Limits of Liability My Be Available Upon Request Additional States of Hire must be reported when payroll begins in that State Certificates of Workers Compensation Insurance are required on all work performed by persons other than its employees Subject To: Signed PGIT WC Application Signed Drug Free and Safety Program Applications IMPORTANT NOTE IMPORTANT NOTE: This quote covers two (2) annual twelve month periods, from 101011201912:01:00 AM to 101011202012:01:Q0 AM and from 101011202012:01.00 AM to 10/01/2021 12:01 *00 AM. The following conditions apply in addition to all other conditions of this quote: A. All Aggregate limits reset for the period 10101/2020 12:01 00 AM to 10/0112021 12:01:00 AM. Losses applying to one annual coverage period will not erode the aggregate Ilmlts of another annual coverage period. B. The premlurn for the period 1010112020 12:01:00 AM to 10/01/2021 12:01:00 AM will be determined based on updated exposure values for this period. C. Rates for the period 10101/2020 12:01:00 AM to 10/01/2021 12:01:00 AM will be identical to those for the period commencing 1010112019 12:01:00 AM, with premiums subject to the following: 1. NCCI Experience modification factors will be applied as promulgated. 2. Changes to Scheduled Property, Inland Marine, and Automobile 3. Payroll 4. Number of Employees D. In the event of cancellation of any line of business within 90 days after the first day of either annual coverage period, the premium for such line(s) shall be 25% minimum eamed. in the event of cancellation of any line of business following the initial 90 days of each annual coverage period, a penalty equal to 60 days premium of such line(s) of business shall become earned, any provision of the agreement to the contrary notwithstanding. 1. This penalty Is earned and payable regardless of when notice of such cancellation Is given, or effective date of suW eaneBUation. SUMMARY OF ESTIMATED PROPOSED PREMIUMS Premiums as Proposed: *Expiring Renewal Property Including Premium $1269599.00 $1179275.00 Boiler & Machinery Fees N/A N/A Taxes/Surcharges N/A N/A $1269599.00 $117,275.00 Total General Liability Premium $106,802.00 $77,727.00 Fees N/A N/A Taxes/Surcharges N/A N/A $779727.00 Total $1065802.00 Commercial Automobile Premium $122,969.00 $1229628.00 Fees N/A N/A Taxes/Surcharges N/A N/A Total $122,969.00 $122,628.00 Inland Marine Premium $941.00 $894.00 Fees N/A N/A Taxes/Surcharges N/A N/A Total $941.00 $894.00 Crime/Fidelity Premium $750.00 $712.00 Fees N/A N/A Taxes/Surcharges N/A N/A Total $750.00 $712.00 Law Enforcement Liability Premium $1159936.00 $109,215.00 Fees N/A N/A Taxes/Surcharges N/A N/A Total $115,936.00 $1099,215.00 Public Officials Premium $399664.00 $37,899.00 Employment Practices Fees N/A N/A Liability Taxes/Surcharges N/A N/A Total $399664.00 $379899.00 Workers Compensation Premium $1459520.00 $129,227.00 Subject to Audit Fees 160.00 160.00 Taxes/Surcharges N/A N/A Total $1459680.00 $129,387.00 TOTAL $659,341.00 $595,737.00 * Expiring Premium reflects annualized premiums on any midterm policy changes Fees shown above may be fully earned at policy inception Workers Compensation Payroll $9,093,758 vs Expiring $8,344,105 Law Enforcement Liability Per Claim Deductible "0" vs $10,000 on expiring Pavment Oution: PGIT Package: 50% Down - 25% due at 75 days and 25% due at 166 days POL/EPL: Full payment at inception — Financing may be available Workers Compensation: 25% Down and 9 Equal Installments A 25% Minimum Earned Premium applies to the following policies: Preferred Governmental Package and Preferred Governmental Workers Compensation uotations Subiect To: ■ Signed Acord applications ■ Signed and Initialed PGIT Applications, Signature Page, UM Form ■ Abuse Prevention Policy ■ Signed Ace and Acord Applications — POL & EPL • Review of Currently Valued Loss Runs Prior To Binding: Ace POL/EPL ■ All lines of proposed Preferred Governmental coverage (workers' compensation and package) must be accepted in order to bind Quotation is valid until the effective date of the policy. not constitute a pollcv/contract. For complete policy information, including exclusions, lunitations, and conditions, refer to the policy document. In the event of a difference between this proposal and the policy, the policy will prevail. COMPANY COVERAGE BEST RATING ADMITTED Preferred Governmental Commercial Property, Not Rated Yes Insurance Trust Crime, Inland Marine, General Liability, Law Enforcement Liability, Commercial Automobile, and Workers Compensation Ace American Insurance Co. Public OfficiaUEPL A++ XV Yes A.M. BEST RATING OF PROPOSED COMPANIES GENERAL RATING These rating classifications reflect BEST's opinion of the relative position of each company in comparison with others, based upon averages within the Property -Casualty insurance industry. They are reflective of overall company services and standing within the industry. A++, A+*** Superior B, B-*** Good A, A-*** Excellent C++, C+*** Fair B++, B+** Very Good C, C-*** ' Marginal NR Not Rated IA FINANCL SIZE CATEGORY The Financial Size Category is an indication of the size of an Insurer and is based on reported. Policyholders' surplus plus conditional or Technical Reserve Funds, such as mandatory securities valuation reserve, other investment and operating contingency funds and/or miscellaneous voluntary reserves reported as liabilities. ($ In thousands) Class I $ Up to $ 1,000 Class II $ 1,000 To $ 2,000 Class III $ 2,000 To $ 5,000 Class IV $ 5,000 To $ 107000 Class V $ 10,000 To $ 25,000 Class VI $ 25,000 To $ 50,000 Class VII $ 50,000 To $ 100,000 Class III $ 100,000 To $ 250,000 Class IX $ 2502000 To $ 5005,000 Class X $ 500,000 To $ 750,000 Class XI $ 750,000 To $ 1,000,000 Class XII $ 1,000,000 To $ 1,250,000 Class III $ 1,250,000 To $ 1,500,000 Class IV $ 1,500,000 To $ 2,000,000 Class XV $ 21000,000 To $ More This information has been provided to you so that consideration is given to the financial condition of our proposed carriers. The financial information disclosed is the most recent available to Brown and Brown of Florida Inc. - Miami Division. 4 COMPENSATION In addition to the commission or fees received by us for assistance with the placement, servicing, claims handling, or renewal of your insurance coverages, other parties, such as excess and surplus lines brokers, wholesale brokers, reinsurance intermediaries, underwriting managers and similar parties, some of which may be owned in whole or in part by Brown & Brown, Inc., may also receive compensation for their role in providing insurance products or services to you pursuant to their separate contracts with insurance or reinsurance carriers. That compensation is derived from your premium payments. Additionally, it is possible that we, or our corporate parents or affiliates, may receive contingent payments or allowances from insurers based on factors which are not client -specific, such as the performance and/or size of an overall book of business produced with an insurer. We generally do not know if such a contingent payment will be made by a particular insurer, or the amount of any such contingent payments, until the underwriting year is closed. That compensation is partially derived from your premium dollars, after being combined (or "pooled") with the premium dollars of other insureds that have purchased similar types of coverage. We may also receive invitations to programs sponsored and paid for by insurance carriers to inform brokers regarding their products and services, including possible participation in company -sponsored events such as trips, seminars, and advisory council meetings, based upon the total volume of business placed with the carrier you select. We may, on occasion, receive loans or credit from insurance companies. Additionally, in the ordinary course of our business, we may receive and retain interest on premiums you pay from the date we receive them until the date the premiums are remitted to the insurance company or intermediary. In the event that we assist with placement and other details of arranging for the financing of your insurance premium, we may also receive a fee from the premium finance company. Wholesale Broker/Managing Cyeneral Agent: Public Risk Underwriters This intermediary is owned in whole or part by Brown & Brown, Inc., the parent company of Brown & Brown of Florida, Inc. — Miami Division. Brown & Brown entities operate independently and are not required to utilize other companies owned by Brown & Brown, Inc., but routinely do so. In addition to providing access to the insurance company, the Wholesale Insurance Broker / Managing General Agent may provide additional services including, but not limited to: underwriting; loss control; risk placement; coverage review; claims coordination with insurance company; and policy issuance. Compensation paid for those services may be up to 15% of the premium you pay for coverage, and any compensation paid for those services is derived from your premium payment. The fee, if any, for the Wholesale Insurance Broker's/Managing General Agent's services above is $ No Fee. If we are being compensated based upon a fixed dollar amount or fixed percentage fee, meaning that the contract specifies our compensation and states anywhere in the document that additional compensation will not be paid to us or any other party, any additional compensation to us or any other party, including wholesale brokers or third party intermediaries, is strictly prohibited. Likewise, if our contract sets compensation based upon a fixed dollar amount or fixed percentage fee, and the contract specifies that additional compensation shall be credited to the insured, any additional compensation to any party, including brokers, wholesale brokers or third party intermediaries, must be promptly returned to you. If our contract is not based upon such fixed fee terms, no owned or affiliated party, including brokers, wholesale brokers or third party intermediaries, may accept any type of compensation without full disclosure by the undersigned broker to you of the dollar amount or percentage of compensation prior to binding your coverage. Should you have any questions, or require any additional information, please contact this office at 1-305-7144400 or if you prefer, submit your question or request online at http://www.bbinsurance.com/customerinquiry.shtm). PROPOSAL VARIANCE Changes that need to be made prior to binding: MINIMUM AND DEPOSIT PREMIUM MINIMUM EARNED PREMIUM The following terms are often misunderstood, particularly among insureds or producers not accustomed to dealing with surplus lines insurance companies. It is important that the definitions are understood. MINIMUM AND DEPOSIT This is the amount of premium due at inception. Although the policy is subject to adjustment based on a rate per exposure unit, under no circumstances will the annual earned premium be less than the minimum premium. Therefore, the policy may generate an additional premium on audit, but not a return. If such a policy is cancelled mid-term, the earned premium is the GREATER of the annual minimum times the short rate or pro-rata factor, or the actual earned as determined by audit, subject to a short rate penalty if applicable. MINIMUM EARNED PREMIUM A minimum earned premium endorsement can be attached to either a flat charge policy or an adjustable policy. In either case, this amount is the LEAST that will be retained by the insurance company once the policy goes into effect. The amount retained would be the GREATER of the annual earned premium whether calculated on a pro -rate or short rate basis, or the minimum earned premium. FLAT CANCELLATIONS Surplus lines insurance companies nonnally do not allow flat cancellations. Once the policy is in effect, some premium will be earned. If you need further explanation, please do not hesitate to contact us. CLAIM REPORTING GUIDELINES Make Brown & Brown, Inc. aware of any and all incidents immediately after they occur, whether it be an auto accident, a theft, slip & fall, even a minor incident that appears will have no future activity. Do not wait for a police report. Gather as much concrete information as possible. For example, police reports, company incident reports, conversation logs, medicals and pictures - anything that may assist in the handling of vour claim. Send this information either by mail, e-mail or fax to: Brown & Brown of Florida, Inc. — Miami Division Alexandra Sarria, Commercial Claim Specialist 14900 NW 79 Court, Suite 200 Miami Lakes, FL 33016 Phone: (305) 364-7812 Fax: (305) 714-4401 E-Mail: ASarrial@bbnda.com If you have any questions or incur any problems, please contact our office and we will be glad to assist you in any way we can. SUMMARY OF ESTIMATED PROPOSED PREMIUMS Premiums as Proposed: *Expiring Renewal Property Including Premium $126,599.00 $117,275.00 Boiler & Machinery Fees N/A N/A Taxes/Surcharges N/A N/A $126,599.00 $117,275.00 Total General Liability Premium $1069802.00 $779727.00 Fees Taxes/Surcharges N/A N/A N/A N/A $77,727.00 Total $1069802.00 Commercial Automobile Premium Fees Taxes/Surcharges $122,969.00 N/A N/A $1229628.00 N/A N/A $1229969.00 $1229628.00 Total Inland Marine Premium $941.00 $894.00 Fees Taxes/Surcharges N/A NIA N/A N/A $941.00 $894.00 Total Crime/Fidelity Premium Fees Taxes/Surcharges $750.00 N/A N/A $712.00 N/A N/A $750.00 $712.00 Total Law Enforcement Liability Premium $1159936.00 $109415.00 Fees Taxes/Surcharges N/A N/A N/A N/A $1159936.00 $109415.00 Total Public Officials Premium $399664.00 $37,899.00 Employment Practices Fees N/A N/A Liability Taxes/Surcharges N/A N/A $399664.00 $379899.00 Total Workers Compensation Premium $1459520.00 $1291,227.00 Subject to Audit Fees 160.00 160.00 Taxes/Surcharges N/A N/A $1459680.00 $129,387.00 Total TOTAL $6599341.00 $5959737.00 * Expiring Premium reflects annualized premiums on any midterm policy changes Fees shown above may be fully earned at policy inception Workers Compensation Payroll $9,093,758 vs Expiring $8,344,105 Law Enforcement Liability Per Claim Deductible "0" vs $10,000 on expiring