Commission Meeting Agenda Item
Consideration of Fiscal Year 2020 World Risk Management and Public Risk Management Renewal Proposal
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.
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.
Budgeted — $745,041; Cost — $613,768; Savings — $131,273
Source of Funding
The worker’s compensation costs will be coded to each department’s 2400-line item.