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Proposal of Insurance for: City 'ci ' .'1ecatut <br /> Premiums/Fees Comparison: <br /> Expiring to Recommended Carriers <br /> } � PESLIC-OPT 1 1 PESLIC-OPT I <br /> Liberty$500K SIR! Liberty$750K SIR <br /> Incumbent s Incumbent Proposed Proposed ) Recommended t <br /> Line of Coverage Carrier Name i Carrier Premium Carrier Premium Carrier PremiumCarrier Name <br /> 1. Package PESLIC $194,819 $199,145 $199,145 Munich <br /> 2. Excess Liability PESLIC 99,948 110,312 110,312 unich <br /> 3. Excess Property Travelers 44,292 60,439 60,4391 Travelers <br /> 4. Boiler Travelers 5,417 5,417 5,417,Chubb <br /> _ s <br /> 5. Workers Compensation Liberty Mutual 411,240 557,676 331 684Liberty Mutual <br /> 6. Crime Travelers 3,308 3,308 3,308Travelers <br /> 7. Surplus Lines Taxes/Fees 10,773 11,282 11,282 <br /> 8 Arthur J Gallagher Risk AJGCo. 67,500 69,200 69 2001AJGCo. <br /> Management Services,Inc. <br /> Fees, if applicable <br /> 9. Expiring Total Premium $837,297E <br /> 10. Recommended Renewal $1,016,779 $790,787 <br /> Premium <br /> Note: Surplus Lines Taxes, if applicable, are included in the"Bindable Quote and Compensation" pages. These <br /> taxes are in addition to the above fees. <br /> The premium indicated is an estimate provided by the market. The actual premium and acceptance of the coverage <br /> requested will be determined by the market after a thorough review of the completed application. <br /> Pro-Rata/Undecided State Surplus Lines Billing Disclaimer—If you elect to bind coverage with a non-admitted carrier. <br /> Surplus lines taxes must be collected and remitted to your Home State, as defined in The Non-admitted and <br /> Reinsurance Reform Act. Your Home State has not yet established a process for the remittance of the non-Home <br /> State portion of the tax. We intend to bill the surplus lines taxes for the non-Home States, and hold these taxes until a <br /> process for remittance is established and payment to the non-Home State may be made. If no such process is <br /> established by the Home State, and the risk of future claim by the non-Home State is determined to no longer exist, <br /> then the taxes will be returned to you. <br /> CTArthur J.Gallagher Risk Management Services,Inc. <br /> DCN DMS Pkg/XSWC/XSPro(CITDEC)34 34 <br />