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SIVER INSURANCE MANAGEMENT CONSULTANTS Mr. James Chandler October 11, 1989 Page Three RECOMMENDATION (Continued) FLORIDA LEAGUE OF CITIES PROPOSALS - (Continued) Boiler & Machinery Insurance - We recommend that the Boiler & Machinery insurance be placed with Hartford Steam Boiler Insurance Company at an annual premium of $9,931. In general, the recom- mended program provides comprehensive coverage with a $5,000,000 limit subject to a $1,000 deductible. Liquor Liability Insurance - We recommend that the Liquor Liability Insurance (for the Sandridge: -Golf Course) be placed with the Acceptance Insurance Company at an estimated annual premium of $4,096. In general, the program will provide occurrence type coverage with a limit of $1,000,000. ARTHUR J. GALLAGHER PROPOSALS Workers' Compensation Insurance.- We recommend that the Excess Workers' Compensation Insurance be placed with Safety Mutual Insurance Company at an esti- mated annual premium of $79,340. The final premium will depend on the audited payrolls. In general the policy will provide statutory coverage for Workers' Compensation and $1,000,000 for Employers' Liability subject to a $175,000 per accident self insured retention. Public Officials Errors & Omissions - The Public Officials Errors & Omissions coverage in the Florida Municipal Liability Self Insurers Program will be on an occurrence basis. The expiring coverage with International Surplus Lines Insurance Company (ISLIC) is on a claims made basis. As a result, we recommend that the County exercise the extended discovery option (tail coverage) on the ISLIC Policy for $33,466. Run -Off Claims Services - Under our recommendation claims services for future claims would be handled by ISAC. The current services are provided by Gallagher Bassett Service, Inc. The County will need to negotiate the fee with Gallagher Bassett to handle prior claims to conclusion. Alternatively, the County could transfer these claims to ISAC. 47 CT 1 BOOK .78 PAGE