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HomeMy WebLinkAbout2020-498-06.29.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2020-498 RESOLUTION APPROVING GENERAL, AUTOMOBILE, PUBLIC OFFICIAL'S ERRORS AND OMISSIONS, LAW ENFORCEMENT AND EMPLOYMENT PRACTICES AND UMBRELLA LIABILITY COVERAGE WITH TRAVELERS INSURANCE, EXCESS UMBRELLA LIABILITY COVERAGE WITH ALLIED PUBLIC RISK, PROPERTY INSURANCE COVERAGE WITH CHUBB, AND WORKERS COMPENSATION AND THIRD PARTY ADMINISTRATION SERVICES WITH SAFETY NATIONAL, FOR A TOTAL PREMIUM OF $1,622,990, WITH RECOMMENDATION OF APPROVAL FROM THE INSURANCE COMMITTEE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the renewal of general, automobile, public official's errors and omissions, law enforcement and employment practices and umbrella liability coverage with Travelers Insurance, excess umbrella liability coverage with Allied Public Risk, property insurance coverage with Chubb, and workers compensation and third party administration services with Safety National, for a total premium of $1,622,990, with recommendation of approval from the Insurance Committee, is hereby approved. PASSED AND ADOPTED this 29th day of June 2020. Quentin Hari SIGNED Quentin Hart, Mayor ATTEST: Kelley Felchle City Clerk