9/22/1982 - Laserfiche WebLink

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SEP 2 2 1982 aux 51 P r.449 Finance Director Barton reported that $107,000 is the total price tag for Mr. Arden's proposal, including the higher liability coverage and no deductible on the Errors & Omissions policy, and he has agreed to go on a monthly billing with no interest. Commissioner Fletcher commented that previously we were talking about going with Risk Management, and Mr. Barton explained that their price was $111,000 and their proposal did not have the limits we are talking about now. Discussion followed on the point that last year's price for our present insurance coverage was $123,000 and the price just quoted for this year's is $107,000. Mr. Arden explained that we are coming off some adverse years and now have some years without some serious claims; it is mainly related to liability. He explained the various factors on which the rate is based and how these figures are updated. Commissioner Lyons felt that this points but"how much it pays for the Road & Bridge Department to be diligent in replacing and repairing stop signs, traffic signals, etc. in order to lessen our exposure to liability claims. Attorney Brandenburg commented that last year's civil rights liability coverage had an exclusion for issues that involved the taking of property, etc., and he wished to be sure the current policy includes this. He also wished to know if the Errors & Omissions policy would apply in a situation where a county employee makes an error that damages the county and the county sues the employee. Commissioner Wodtke also was concerned about civil rights insurance and litigation associated with jails, and wished to know if insurance is available that would cover the County Commission if they are held responsible for another Constitutional Officer's action or inaction in a civil rights type of case. 68