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HomeMy WebLinkAbout33433 / 85-11, 1985 (CARkIEU PURPOSE: INITIATED BY: LOST LAID OVER WORKERS' COMPENSATION INSURANCE PURCHASING DEPARTMENT # 11 RESOLUTIUN WITHDRAWN ) BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper City officials are hereby authorized and directed to enter into an agree- ment with Employers Insurance of Wausau for Workers' Compensation Insurance as specified on the attached proposal. Money for this purpose is hereby appro- priated from Account No. 012-613, Workers' Compensation Account. SUBMiT1EU BY APYROVED � � RESOLIJTION # lI PROPOSAL WORKER'S COMPENSATION COVERAGE FOR THE CZTY OF OSHKOSH We, the undersiqned, propose to write the following worker's compensation coverage for the City of Oshkosh, Wisconsin, per attached plan of coverage. PREMIUM Standard Premium Times (x) experience modification Subtotal Pius loss Constant Plus expense constant Less premium discount 10.5% Total premium before dividend Estimated Dividend 32.3% Es[imated Ad'nual Net Cost Past 5 year flat dividerYi history: 1984 1983 1982 1981 198a 5 26�,$O1 X S 204,457. � + ' R5 - 21.�� S-1&3.250 � - 59,194 $ 124,066 (if applicable� Will policy coverage be subject to audit? Yes �^ No We understand, if the renewal premiums are justifibly reasonable, that the intent of the City is to stay with tha insuring company three (3) years. Company to write coverage Emplovers Insurance of Wausau a Mu,�uai Camnanv Rating in Iatest edition of Hest's Insurance Gllide Nearest claim adjustment office Oshkosh, Wisconsin SUBMITTED BY p(iv 7985 Date s� �=-�%�h/ Authorized Signature , IJausau IQsuraQ�� (:�mRdny.. Name of Company � . :. � . . • .. - . . .. (4i41�";S-�"'}�Q Telephone i� . _ ,._.._.._.: as�� � � � � � GC' � �/ rWi 'ZS F-i �' � o � ^ n tri � � � x � � � � rn \v cn � y O � � O � x � � � w rt r� 0 � . y � � r � (;."� kr� P�