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RESOLUTION NO. R 2 015—10 5 <br /> RESOLUTION AUTHORIZING BINDER COVERAGE WITH ARTHUR J. <br /> GALLAGHER RISK MANAGEMENT SERVICES,INC.AND ACCEPTING <br /> PROPOSALS OF AIX HANOVER,LIBERTY MUTUAL AND TRAVELERS <br /> INDENINITY COMPANY <br /> WHEREAS, the City of Decatur has a current contract expiring September 30, 2015, <br /> and is in need of insurance covering property, casualty and, workers compensation for the <br /> period October 1,2015 through September 30,2016;and <br /> WHEREAS,Arthur J. Gallagher Risk Management Services, Inc. has secured quotes on <br /> the City's behalf far insurance covering property, casualty, and workers compensation for the <br /> period October 1,2015 through September 30,2016;and, <br /> WHEREAS,AIX Hanover has submitted a quote to supply general liability, automobile <br /> liability, law enforcement liability, employee benefits liability, errors and omissions, property <br /> and automobile physical damage insurance in the amount of$260,762.00; and, <br /> WHEREAS, Liberty Mutual has submitted a quote to supply excess workers <br /> compensation insurance in the amount of$639,636.00; and, <br /> WHEREAS, Travelers Indemnity Company has submitted a quote to supply excess <br /> property insurance in the amount of$75,368.00;and, <br /> BE IT THEREFORE RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> DECATUR,ILLINOIS: <br /> Section 1. That the quote of AIX Hanover to supply general liability, automobile <br /> liability, law enforcement liability, employee benefits liability, errors and omissions, property <br /> and automobile physical damage insurance in the amount of$260,762.00 to the City of Decatur <br /> be, and the same is hereby, accepted and approved. <br /> Section 2. That the quote of Liberty Mutual to supply excess workers compensation <br /> insurance in the amount of $639,636.00 to the City of Decatur be, and the same is hereby, <br /> accepted and approved. <br /> Section 3. That the quote of Travelers Indemnity Company to supply excess property <br /> insurance in the amount of $75,368.00 to the City of Decatur be, and the same is hereby, <br /> accepted and approved. <br /> Section 5. That the City Manager and City Clerk be, and they are hereby authorized <br /> and directed to execute the Client Authorization to Bind Coverage with Arthur J. Gallagher <br /> Risk Management Services far the above mentioned services in accordance with the quotes as <br /> submitted by said companies. <br />