HomeMy WebLinkAbout~Master - Selection of carriers for property and casualty insurance RESOLUTION NO. 01-284
RESOLUTION APPROVING PROPERTY/CASUALTY INSURANCE
FOR THE CITY OF AMES,IOWA
WHEREAS, the coverages for the City's property, boiler and machinery, and liability
insurance expire on June 30, 2001; and,
WHEREAS, staff has been seeking out possible carriers who could provide the required
coverages on a fully insured basis with acceptable deductible levels; and,
WHEREAS, two proposals were received-- one representing St. Paul Insurance and CNA
Insurance and one from AIG/Hartford Steam Boiler.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the proposal from Employers Mutual Casualty (EMC) and AIG/Hartford Steam Boiler for
general liability,excess,law enforcement,public officials,liquor,employee bond,and property and
boiler machinery coverages for the 2001/02 fiscal year in the amount of $620,047 is hereby
approved.
ADOPTED THIS 26th day of June, 2001.
Diane R.Voss,City Clerk Ted Tedesco,Mayor
Introduced by: Cross
Seconded by: Hoffman
Voting aye: Campbell, Cross, Goodhue, Hoffman, Wirth
Voting nay: None Absent: Quirmbach
Resolution declared adopted and signed by the Mayor this 26th day of June, 2001.