HomeMy WebLinkAbout02/07/2024 4DAGENDA BILL
CITY OF BREMERTON
4D
CITY COUNCIL
SUBJECT:Study SessionDate: January 24, 2024
Purchase of COUNCIL MEETING Date: February 7, 2024
Liability Insurance with Midwest Employers
Department:
Casualty Company
Risk Management
Presenter: Kylie Finnell / Melisa
Folmer
Phone: (360) 473-5302
SUMMARY:
The Bremerton Municipal Code authorizes the Risk Management Specialist, with the approval of the
City Attorney, to bind insurance and requires City Council approval for the continuation of any bound
coverage that exceeds an annual premium of $25,000. Exces
been bound with Midwest Employers Casualty Company at an annual premium of $152,856. The
self-
There are no changes in retentions or policy forms from last year.
ATTACHMENTS:
& Employers Liability Proposal
FISCAL IMPACTS(Include Budgeted Amount):
Sufficient funds have been budgeted in the Risk Management Fund for this expenditure for 2024.
STUDY SESSION AGENDA: LimitedPresentation Full Presentation
STUDY SESSION ACTION:Consent Agenda General Business Public Hearing
RECOMMENDED MOTION:
Move to approve the purchase of the 2024Insurance with Midwest
Employers Casualty Company in the amount of $152,586.
COUNCIL ACTION: Approve Deny Table Continue No Action
Form Updated 11/09/2021