Fiscal Year 2019 Workers Compensation Excess Insurance Renewal Copyrighted
July 16, 2018
City of Dubuque Consent Items # 12.
ITEM TITLE: Fiscal Year 2019 Workers Compensation Excess
Insurance Renewal
SUMMARY: City Manager recommending approval of the workers
compensation excess insurance renewal rate submitted by
Safety National, our current carrier, effective July 1, 2018
through June 30, 2019.
SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve
ATTACHMENTS:
Description Type
Workers Compensation Excess Insurance Renewal- City Manager Memo
NNM Memo
Staff Memo Staff Memo
Coverage Specifications Supporting Documentation
THE CITY OF Dubuque
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Fiscal Year 2019 Workers Compensation Excess Insurance Renewal
DATE: July 10, 2018
Personnel Manager Randy Peck recommends City Council approval of the workers
compensation excess insurance renewal rate of$.2138 per $100 of payroll submitted by
Safety National, our current carrier, effective July 1 , 2018 through June 30, 2019, for an
estimated annual premium is $92,656.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
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Mic ael C. Van Milligen �� �
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Attachment
cc: Crenna Brumwell, City Attorney
Teri Goodmann, Assistant City Manager
Cori Burbach, Assistant City Manager
Randy Peck, Personnel Manager
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TO: Michael C. Van Milligen, City Manager
FRONi: Randy Peck, Personnei Manager �<�
SUBJECT: Fiscal Year 2019 Workers Compensation Excess Insurance Renewal
DATE: June 29, 2018
Cottingham & Butler has presented the workers compensation excess insurance
renewal for coverage effective July 1, 2018 through June 30, 2019. Quotes were
received from Safety National, our current carrier, and Midwest Employers Casualty.
The following is a summary of their quotes:
• Safety National - $92,656 (esfiimated annual premium)
• Midwest Employers�Casualty- $135,000 - $140,000 (estimated annual premium)
Safety National proposes to keep their current rate of$.2138 per $100 of payroll. The
current estimated annual premium is $91,453. The increase in the estimated annual
premium is due to the increase in the annual payroll.
The requested action is for the City Council to pass a motion approving the renewal rate
of $.2138 per $100 of payroll submitted by Safety National, effective July 1, 2018
through June 30, 2019, for a total estimated annual premium of $92,656.
Cottingham & Butler has issued a binder fio make sure there is not a lapse in coverage
on July 1, 2018.
RP/alk
cc: Jean Nachtman, Finance Director
Tony Breitbach, Purchasing Coordinator
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COVERAGE SPECIFICATIONS � EXCESS VVORKERS COMPENSATION
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, Company Safety National Safety National �
A.M. Best Rating A+,XIV A+,XN �,
' Status Admitted Admitted li
Limits �I
Worl<ers Compensation (Each Accident) Statutory Statutory
Employers' Liability(Each Accident) $1,000,000 $1,OOU,000
Self Insured Retention (Each Accident)
AllOther $750,000 $750,000
Police/Fire $750,000 $750,000 I
Aircraft Operations $750,000 $750,000
� Aggregate Protectian None None I
Estimated Payroil $42,774,912 $43,337,663
Rate per$100 of Payroll 0.2138 0.2138
! AdditionalOptions
� Voluntary Compensation Included Included
Foreign Voluntary Compensation and Employers Liability Included Included
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i � . . - . �
• Punitive damages
' � Injury to employees knowingly illegally employed
i • Intentional injury
• Serious and willful misconduct of employer
' • Injuries outside of US,territories and possessions&Canada
;� • Employment related practices
;
• Crew members of any vessel
� Fines or penalties
? • Monopalistic States are not covered (ND, OH,WA,WY)
; • Firefighter and pnlice officer employees
• Other exclusions and limit�tions apply
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� Policy Subject To Annual Audit •
} Minimum Annual Premium $91,453 $92,656
}
Total Estimated Annual Premium $97.,453 $92,656
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Note: Higher limits may be available. Please let us I<now ifiyou would lil<e a quote for higher limits.
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Coverage Option:
� Add Employee Operating Aircraft Exposure—Additional$5,882
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