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R2016-110 AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION
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R2016-110 AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION
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9/26/2016 10:50:27 AM
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9/26/2016 10:50:01 AM
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Resolution/Ordinance
Res Ord Num
R2016-110
Res Ord Title
AUTHORIZING CITY MANAGER TO EXECUTE INSURANCE COVERAGE FOR PROPERTY, LIABILITY AND WORKERS COMPENSATION FOR THE CITY OF DECATUR, ILLINOIS FOR THE POLICY PERIOD OCTOBER 1, 2016 TO OCTOBER 1, 2017
Approved Date
9/19/2016
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City Of Decatur <br /> Client Authorization to Bind Covera re (Cont.) <br /> .. -. . . .• . . . <br /> Client Initials <br /> Provide Quotations or Additional Information on the Following Coverage Considerations: <br /> Other Coverage Considerations <br /> ❑Yes ONo Pollution Liability <br /> ❑Yes ❑No Workers Compensation Buffer <br /> Note: Selecting the"Reject All or Accept All"option will override any selections that you have made above <br /> ❑Reject All ❑Accept All-Coverages for Consideration <br /> It is understood this proposal provides only a summary of the details; the policies will contain the actual coverages. <br /> We confirm the values, schedules, and other data contained in the proposal are from our records and acknowledge it <br /> is our responsibility to see that they are maintained accurately. <br /> We agree that your liability to us arising from your negligent acts or omissions, whether related to the insurance or <br /> surety placed pursuant to these binding instructions or not, shall not exceed$20 million, in the aggregate. Further, <br /> without limiting the foregoing, we agree that in the event you breach your obligations, you shall only be liable for <br /> actual damages we incur and that you shall not be liable for any indirect, consequential or punitive damages. <br /> By: <br /> Specify Title <br /> Print Name <br /> Date: <br /> Arthur J.Gallagher Risk Management Services,Inc. <br /> 51 <br />
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