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R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
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R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
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10/2/2019 5:46:48 PM
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10/2/2019 5:46:10 PM
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Resolution/Ordinance
Res Ord Num
R2019-144
Res Ord Title
R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
Department
Finance
Approved Date
9/23/2019
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City Of Decatur Gallagher <br /> :�,*�oRE��a� <br /> Binding Requirements: <br /> . • <br /> Subject to FEIN/UAIN <br /> _ ___ <br /> Other Signi�cant Terms and Conditions/Restrictions: <br /> . • <br /> ' "Certain coverages may have different retention amounts and/or ALAE Treatment. Refer to the Coverage Proposal for details of <br /> these coverages. <br /> ' Non-LRARO Plans-These terms are not part of a Large Risk Alternative Rating Option rating plan. Premium terms will be <br /> � described in the policy. <br /> , Premium includes Terrorism Premium$16,040 <br /> __ -. . . _. _ .... . __.... ... . . ....... __...... .. ................ .. .. . .......... . ................_.........__ . ..._ <br /> Premium $600,542.00 <br /> ESTIMATED PROGRAM COST $600,542.00 <br /> Minimum Premium-Admin/Excess for all lines 90.00% <br /> TRIA/TRIPRA PREMIUM INCLUDED <br /> (+Additional Surcharges,Taxes and Fees as applicable) <br /> Subject to Audit:Annually <br /> Auditable Exposures: <br /> . . -• <br /> Workers Compensation State: IL-Rate: 1.6683 $35,035,802-Per$100 WC Payroll <br /> _.. . _... ... _ _..._ _. .. . <br /> s ���,< <br /> ,:;'� �. <br /> �.;_=-r� �'.'.�.-. <br /> =��^�"'`::. <br /> ;.�"'�;°�r� ���':;.�`;�: <br /> >��:...• ��rr..�-„ <br /> �;- =;�a'�m;r.f:� <br /> 30 ��'� �:y..�:;;�:. <br /> �.._.;�:: <br /> �,- �ee�, r,:. <br /> �.�:. <br /> �� <br /> �.. .F�,� +., <br /> _._�.., . . . :;�: <br />
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