Commission Meeting Agenda Item
Agenda Item
Consideration of Fiscal Year 2020 World Risk Management and Public Risk Management Renewal Proposal
Department
Human Resources and Risk Management
Staff Recommended Motion
Approve the Fiscal Year 2020 renewal proposal from World Risk Management and Public Risk Management of Florida, including a two-year agreement for liability and workers’ compensation rates.
Summary
World Risk Management presented staff with the renewal proposal for property, casualty, workers’ compensation, general liability, and boiler and machinery coverage. The overall increase is 10.78 percent. This proposal also includes cyber liability and pollution liability coverage.
Fiscal Impact
Budgeted — $745,041; Cost — $613,768; Savings — $131,273
Source of Funding
Budgeted.
Funding Account
The worker’s compensation costs will be coded to each department’s 2400-line item.
MG/nvs
Downloads
Commission Meeting Agenda Item 2019192 (.pdf document)