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N <br />*+i ARDEN INSURANCE SERVICES <br />" 1 TELEPW011271•2628 <br />JAN 2 41979 <br />August 30, 1978 <br />Seneraf gnsurance <br />POST OFFICE Box 7180 <br />7406 OCEAN DRIVE <br />YEBO BTACIA FLORIDA 32,*W <br />Mr. Robert Donlon <br />Indian River County <br />2145 - 14th Avenue <br />Vero Beach, Florida 32960 <br />Re: Public Official's and <br />Employees' Liability Insurance <br />Dear Bob: <br />As requested at the last Commission Meeting, listed below <br />are the recommended coverages which respond to the captioned <br />insurance protection. The program is designed to protect a Public <br />Official who is elected or appointed to a legally constituted <br />Public Entity. The coverage is similar to Directors' and Officers' <br />Coverage of large corporations and provides direct coverage to the <br />Public Official or reimbursement to the Public Entity if it is <br />permitted by law to indemnify an official. The policy responds to <br />Legal Liability arising out of wrongful acts occurring while the <br />Public Official is in office. The policy is written in the name <br />of the County. <br />Limit of Liability $1,000,000. <br />Annual Premium 6,264. <br />Deductibles: <br />Per Person 2,500. <br />Maximum per Loss 7,500. <br />The above quotation includes removing the "Employee Hiring <br />Exclusion" which seemed to be of importance to the Commission. I <br />strongly recommend your consideration of this coverage and shall <br />await your direction before proceeding further. The premium quoted <br />is based on an application submitted in January of this year and <br />issuance of a policy would require updated information. <br />Sincerely, <br />Hamilton G. Arden, Jr. <br />HGAJr/dlw <br />cc: Indian River County, <br />Board of County Commissioners <br />2145 - 14th Avenue <br />Vero Beach, Florida 32960 <br />R 38 PAS466 <br />J <br />