Fiscal Year 2020 Workers' Compensation Excess Insurance Renewal Copyrighted
July 1, 2019
City of Dubuque Consent Items # 16.
ITEM TITLE: Fiscal Year2020 Workers' Compensation Excess
Insurance Renewal
SUMMARY: City Manager recommending approval of the Workers'
Compensation excess insurance renewal rate submitted by
Safety National, the City's current carrier, effective July 1 ,
2019 through June 30, 2020.
SUGGESTED DISPOSITION: Suggested Disposition: Receiveand File;Approve
ATTACHMENTS:
Description Type
FY20 Workers Compensation E�ess Insurance City Manager Memo
Renewal-MVM Memo
Staff Memo Staff Memo
Coverage Specifications Supporting Documentation
Dubuque
THE CITY OF �
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Fiscal Year 2020 Workers Compensation Excess Insurance Renewal
DATE: June 26, 2019
Human Resources 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, 2019 through June 30,
2020, for a total estimated annual premium is $92,892.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
v
Mic ael C. Van Milligen
MCVM:jh
Attachment
cc: Crenna Brumwell, City Attorney
Teri Goodmann, Assistant City Manager
Cori Burbach, Assistant City Manager
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TO: Michael C. Van Milligen, City Manager
FROM: Randy Peck, Personnel Manager
SUBJECT: Fiscal Year 2020 Workers Compensation Excess Insurance Renewal
DATE: June 20, 2019
Cottingham & Butler has presented the workers compensation excess insurance
renewal for coverage effective July 1, 2019 through June 30, 2020. Quotes were
received from Safety National, our current carrier, and Midwest Employers Casualfiy.
Safety National presented the most competitive quote. Safety National proposes to
keep their current rate of$.2138 per $100 of payroll. The current estimated annual
premium is $92,656. The Fiscal Year 2020 estimated annual premium is $92,892. 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, 2019 ��,
through June 30, 2020, for a total estimated annual premium of$92,892. I
Cottingham & Butler has issued a binder to make sure there is not a lapse in coverage
on July 1, 2019.
RP/alk
cc: Jenny Larson, Director of Budget and Finance
Tony Breitbach, Purchasing Coordinator
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� COVERAGE SPE�IFICATIONS I EXCESS WORKERS CQMPENSATION
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Company Safety National Safety National
( A,M. Best Rating A+,XIV A•f,XIV
� Status Admitted Admitted
� Limits
f Worl<ers Compensation (Each Accident) Statutory Statutory
Employers' Liability(Each Accident) $1,000,000 $1,000,000
t Self Insurecl Retention (Each Accident)
;' AllOther $750,000 $750,000
Police/Fire $750,000 $750,000
� Aircraft Operations $750,000
$750,000
�' Aggregate Protectian None None
Estimated Payroli $43,337,663 $43,447,897
� Rate er$100 of Pa roll
p Y 0.2138 0,2138
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Additional Options
t Voluntary Compensation Inclucied Included
, Foreign Vol�mtary Compensation and Employers Liability Included Included '
� . � - � a i
( • Punitive damages �il
, o Injury to employees knowingiy illegaliy employed 'I
� • Intentional injury
s Serious and willful misconduct of employer
� Injuries outside of US,territories and possessions&Canada
e Employment related practices
' • Crew members of any vessel
• Fines or penalties �
• Monopolistic States are not covered (ND, OH,WA,WY) �
• Firefighter ancl police officer employees i
• Other exclusions and limit�tions apply
Policy Subject To Annual Audit
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Minimum Annual Premium $92,656 $92,gg2
Total Estimated Annual Premium $92,656 $92,gg2
Note: I-ligher limits may be available. Please let us I<now if you would lil<e a quote for higher limits.