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Consent Item #9 May 1, 2013 Compensation InsuranceProperty, Liability, and Workers’ Award of Contracts for Consideration of the
Property, Liability, and Workers’ Comp 2 Renewed contract to Marsh in March, 2012•since 2001Marsh Risk & Insurance has been the District’s broker •compensation insurance coverage ends
June 1, 2013 The District's annual property, liability and workers’ •Background / History Insurance Renewal
Premium Summary 2013 0.27%-$458,209$459,464% SavingsProgram Premium $60,000 $55,000MarshMarsh Broker Fee$4,537$4,537ChubbCrime$27,351$26,954EssexExcess–Earthquake $50,251$49,562LandmarkPrimary–Ea
rthquake n/an/aSteadfast(3 yr term ending June 1, 2014)Pollution $152,050$166,410Federal Ins. Co.Workers’ Compensation$22,200$21,400AWACExcess Liability Layer nd 2$141,280$135,601OneBeaconExcess
Layer)st Package (Liability, Property, Auto, and 1Premium2014 -2013PremiumExpiring CarrierCoverage 2014-
Fiscal Impact Insurance RenewalProperty, Liability, and Workers’ Comp 4 Sufficient funds for insurance renewal–$69,306 lower than FY 13 budget–$458,209Proposed insurance premiums and
fees total •
Recommendation Insurance RenewalProperty, Liability, and Workers’ Comp 5 the period beginning June 1, 2013Award contracts for the insurance programs as proposed for •