San Jose Ca.Gov
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File #: 18-1213    Version: 1
Type: Strategic Support Status: Agenda Ready
File created: 9/4/2018 In control: City Council
On agenda: 9/18/2018 Final action:
Title: Approval of Citywide Insurance Renewals.
Attachments: 1. Memorandum, 2. Supplemental Memorandum, 3. Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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...Title

Approval of Citywide Insurance Renewals.

...Recommendations

Adopt a resolution authorizing the Director of Finance to select and purchase City property and liability insurance policies for the period October 1, 2018 to October 1, 2019, at a total cost not to exceed $1,850,000, including a 15% contingency for additional property or assets scheduled, with the following insurance carriers:

(a)                     Factory Mutual Insurance Company for Property Insurance, including Boiler & Machinery.

(b)                     Old Republic Aerospace, Phoenix Aviation Managers, for Airport Owners and Operators Liability including War Risks & Extended Perils Coverage (including Excess Automobile and Employers’ Liability) and Police Aircraft Hull & Liability including War Risks & Extended Perils Coverage.

(c)                     The Travelers Indemnity Company of Connecticut for Automobile Liability (Airport fleet vehicles including Shuttle Buses, Regional Wastewater Facility fleet vehicles, and Airport Shuttle Bus physical damage).

(d)                     QBE Specialty Insurance Company for Secondary Employment Law Enforcement Professional Liability.

(e)                     National Union Fire Insurance Company of Pittsburg, PA for Accidental Death, Accidental Dismemberment, and Paralysis Policy for the Police Air Support Unit.

(f)                     Berkley Regional Insurance Company for Government Fidelity/Crime Coverage.

CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (Finance)