Item C30
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: November 20.21. 2001
Division: Management Services
{..~
Bulk Item: Yes -1L- No
Department: Administrative ServiceslRiskManagement
AGENDA ITEM WORDING: Approval to accept renewal with Arthur J. Gallagher to provide Airport Errors
& Omisssions Insurance at an annual premium of$10,280.
ITEM BACKGROUND: Board approved RFP for this carrier on 12/13/2000.
PREVIOUS REVELANT BOCC ACTION: Accepted original proposal 12/13/2000. This is first
year renewal. Premium for 10/1/00, was $7,615.
CONTRACT/AGREEMENT CHANGES: The new renewal dates are 12/20/01-12/20/02. This
shows an increase of35%.
STAFF RECOMMENDATIONS: Approval.
TOTAL COST: $10.280
BUDGETED: Yes --1L No
COST TO COUNTY: $10.280
REVENUE PRODUCING: Yes
No-X AMOUNTPERMONTH_ Year
DMSION DIRECTOR APPROVAL:
OMB/Purchasing _ Risk Management LuE '
jV-::J~~
I JAMES L. ROBERTS -
APPROVED BY: County Atty _
DOCUMENTATION:
Included -X-
To Follow_
Not Required
DISPOSITION:
AGENDA ITEM #
/ -C30
Revised 2/27/01
From: Susan_Ainsztein@ajg.com <Susan_Ainsztein@ajg.com>
To: mcrsk@mail.state.f1.us <mcrsk@mail.state.f1.us>
Cc: HeidL Greene@ajg.com <HeidL Greene@ajg.com>
Date: Wednesday, October 24, 2001 1 :56 PM
Subject: Renewal of Public Officials Liability for Airport
Page 1 of 1
Wayne, we have been in contact with the Public Officials Liability
underwriter and have been advised that rates have gone up by as much as 30%
to 35%. We'll have a better feel once we receive the renewal application
from you and submit it to the underwriter. Please don't hold us to this
number as the insurance marketplace is very volatile right now, especially
in the aviation area.
Regards,
Susan Ainsztein, ARM
*********************************************
Account Executive
Arthur J. Gallagher & Co. - Boca Raton
2255 Glades Road, Suite 400E
Boca Raton, FL 33431
561.995.6706 (v) 561.995.6708 (f)
Email: susanainsztein@aig.com
10/25/2001