Commission Meeting Agenda Item
Agenda Item
Consideration of Fiscal Year 2021 World Risk Management and Public Risk Management Renewal Proposal
Department
Human Resources and Risk Management
Staff Recommended Motion
Approve the Fiscal Year 2021 renewal proposal from World Risk Management and Public Risk Management of Florida.
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 10.82 percent. This proposal also includes cyber liability and pollution liability coverage.
Fiscal Impact
$678,670.
Source of Funding
Lady Lake Budget for Fiscal Year 2020-2021
Funding Account
The worker’s compensation costs will be coded to each department’s 2400-line item.
MG/nvs
Downloads
Commission Meeting Agenda Item 2020135 (.pdf document)