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HomeMy WebLinkAboutTravelers Insurance-6/23/2014CITY OF WATERLOO Council Communication City Council Meeting: lune 23, 2014 Prepared: Tune 11, 2014 Dept. Head Signature: Suzy Schares # of Attachments: SUBJECT: Renewal of Insurance Submitted by: Suzy Schares, City Clerk Recommended City Council Action: Resolution approving renewal of general and auto liability, law enforcement, public officials, errors and omissions, and umbrella insurance for a premium of $894,799.00 with Travelers Insurance, together with recommendation of approval of Insurance Committee. Summary Statement Approval of the premium is done on a yearly basis. Expenditure Required Source of Funds Policy Issue Alternative Background Information: