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August 1, 1985 � #12 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: PUBLIC OFFICIALS LIABILITY INSURANCE
INITIATED BY: PURCHASING DEPARTMENT
BE IT RESOLVED by the Common Council of the City of Oshkosh
that the proper City officials are hereby authorized and directed to
enter into an agreement with Employers Insurance of Wausau for Public
Officials Liability Insurance as specified on the attached proposal,
accepting $1,000,000 limitation at a premium of $27,500.00. Money
for this ourpose is hereby appropriated from Account No. 012-614 -
Comprehensive Liability.
SUBMITTED BY
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Limit of Liabili
$1,000,000
$3,000,000
Deductible: $25,000
RFSOLUTION # 12
CITY OF OSHKOSH
Public Officials Liability
Annual Premium�
$27,500
$41,250
�
Premium does not include 3% Wisconsin Surplus Lines Tax
and $50 Policy Fee.
Updated application will be required prior to binding.
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RESOLUTION # 12
T7-1.E E�%10NROE AGENCY� I NC.
PHONE (4'147 23'I-5727 •'142J OREGON STREET • OSHKOSH, WISCONSIN 5490'I
duly 29, 1985
city of oshkosh
215 Church Aroenue
Oshkosh, 6JI 54901
ATTN: Don LaFontaine
RE: Public Official's Liability
Don,
RECElVE� �
JUL 3 01985 �
PURCHASING OtVIStON
OSHK�p=g�NS1N
We received our renewal quotation from Markel Service Inc.,
and their premiums for $1,000,000 of coverage with a$5,000
deductible will be $10,868. "
However, they are telling us that they will not write this
contract without also writing the Law Enforcement Liability.
However, for this coverage at $1,000,000 limits and a
$10,000 deductible, the premium would be $63,621. This
makes a total premium of $']4,489.
��(e had £our other rejections of coverage and one more quote.
The quote we have for Public Official's coverage with a
$1,000,000 limit and a$50,000 deductible would be $41,850.
Don, I'm really sorry, but this is the best I could do this
year.
Sincerely,
_-i
THE MONROE AGENCY INC
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