Speaker 8: Okay. Next up is item number 22.
Speaker 1: Report from Human Resources Recommendation to purchase insurance policies for excess municipal liability, airport liability and aircraft liability and whole insurance for police helicopters for a total aggregate cost of the liability renewal premiums not to exceed 1,000,275 one. 75,575 citywide.
Speaker 8: Okay. This item has been moved in, seconded. Is there a brief staff report?
Speaker 6: We have a very.
Speaker 5: Brief staffer from our insurance manager, Randy Sellers, or our H.R. director, Alex BASKAS.
Speaker 6: I'm Randy Sellers, risk manager, and I'm briefly going to cover items 22 and 23, if I have your permission. Item 22 is for the annual renewal of the city's excess liability insurance.
Speaker 12: Policies, as well as to.
Speaker 6: Smaller aviation policies. We're recommending authority in the amount of $1,271,575 to procure those policies. The main difference this year from the expiring policy.
Speaker 12: Involves the excess liability, where we previously.
Speaker 6: Had a self-insured retention for all departments.
Speaker 5: Of $5 million. But the insurance.
Speaker 6: Company proposed that we have a self-insured retention for the police department only of 7 million, with the other departments remaining at 5 million. And by doing that, we, we avoided a fairly significant cost increase. And this is an item that we come to counsel with every year.
Speaker 5: The purchase of the excess liability.
Speaker 6: And the the purpose of those policies that protect us from high exposure losses.
Speaker 12: Item 23 pertains to the purchase of property insurance, which covers city.
Speaker 6: Buildings, contents, equipment and vehicles. And this year we're requesting authority of a premium of up to $1,341,143.
Speaker 12: This also includes coverage for the Queen Mary, although the operator of the Queen.
Speaker 6: Mary Urban comments does reimburse this for their share of the premium. We do come to council.
Speaker 12: Every year also with.
Speaker 6: The recommendation to renew the property coverage. So we do recommend that both both types of coverage coverages be approved, the liability and the property. Thank you.
Speaker 0: Thank you. No further comment on this, so please cast your votes.
Speaker 8: Thanks.
Recommendation to authorize City Manager, or designee, to purchase, through Aon, the following insurance policies: Excess Municipal Liability insurance for the period of July 1, 2017 through July 1, 2018, for a total premium not to exceed $1,161,524 with Allied Insurance Company, Berkeley National Insurance Company, Allied World National Assurance Company, and Navigator’s Insurance Company; Airport Liability insurance for the period of June 30, 2017 through June 30, 2018, for a premium not to exceed $72,751 with National Union Insurance Company; and, Aircraft Liability and Hull insurance for police helicopters for the period of June 30, 2017 through June 30, 2018, for a premium not to exceed $37,300 with National Union Insurance Company, for a total aggregate cost of the liability renewal premiums not to exceed $1,271,575.  (Citywide)