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The recommendation is for renewing our self-insurance program with the same limits <br /> ($10,000,000 for liability products and statutory for workers compensation) and self- <br /> insurance retention ($150,000 for liability and property and $200,000 for workers <br /> compensation) as the current program. <br /> Below is a comparison of annual costs for the expiring period and first year costs <br /> for the three proposals , <br /> ITEM EXPIRING AI GALLAGHER BEHNKE DIMOND � <br /> PACKAGE Galla�her-Bassett Helmsman Claims One <br /> Manaeement <br /> &Travelers <br /> Premiums $489,711 $552,217 $648,753 $850,624 <br /> Support Services $105,979 $ 98,241 $103,645 Included <br />' Broker Fee $ 42,000 $ 45,000 $ 55,000 $ 50,000 <br /> TOTAL $642,247 $697,752 $807,398 $900,624 <br /> POTENTIAL OBJECTIONS: None known, although all of the proposers will likely have <br /> a very keen interest in the outcome of this process, including those who are <br /> unsuccessful. <br /> INPUT FROM OTHER SOURCES: None. <br /> STAFF REFERENCE: For questions or comments regarding this item, contact Risk <br /> Manager Scott Clark at 424-2803 or Finance Director Ron Neufeld at 424-2702. Both <br /> will be present at the City Council Meeting of September 2, 2008 to address any Council <br /> concerns. <br /> BUDGET/TIME IMPLICATIONS: Monies for this renewal are included in the current <br /> fiscal year Self-Insurance budget. <br /> Attachments <br />