Accept proposals for insurance coverage for self-insured liability program

A Resolution authorizing the Mayor to execute any and all documents necessary to accept proposals to provide excess liability insurance coverage, vehicle and equipment damage insurance coverage, and inland marine insurance coverage for mobile equipment, all as part of the City’s and K-Trans Management, Inc.’s self-insured liability program, for an estimated annual premium of $599,941.00.(Requested by Employee Benefits & Risk Management)

Source: official minutes (PDF) for March 21, 2023.