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Public Entity Excess Liability Package: The 0.96% decrease includes coverage for drones. The <br />package includes excess general liability, auto liability, public officials' liability, miscellaneous <br />liability, employee benefits liability, law enforcement activities and EMS operations. Premium <br />is $151,825.00. <br />Excess Workers' Compensation: The market for public employer workers' compensation is <br />extremely limited due to fire and police exposures which are subject to presumption laws. <br />Nevertheless, the renewal proposal from Safety National again offers a $650,000.00 self-insured <br />retention. While payroll slightly decreased, there was an increase in costs based upon increased <br />exposure with the addition of a fourth helicopter. Cost for renewal is $171,468.00. <br />Cyber Liability: The County initially purchased this coverage in 2014, and the renewal premium <br />of $27,522.00 expands coverage for network interruption and privacy event services. <br />Hull and Protection & Indemnity: Premium remains $7,808.00 for this watercraft coverage. <br />General Liability/Parking Lot: This stand-alone policy provides coverage for the First Baptist <br />Church adjacent to the Main Library and used by Library patrons as a parking area. The County <br />is contractually required to maintain this coverage. The annual premium is $1,888.00. <br />Fee: This annual fee remains the same at $175,000.00 for broker services to AJG. <br />Funding <br />Funding in the amount of $1,971,981 for insurance coverage is budgeted and available in the <br />Self Insurance Fund, Other Insurance account (account number 50224613-034590). The Self <br />Insurance Fund is an internal service fund that allocates charges to the County's user funds. <br />Recommendation <br />Staff recommends that the Board approve the renewal and authorize staff to bind coverage for <br />May 1, 2019 through April 30, 2020 with a current annual premium of $1,971,981 based upon <br />the current schedule of values and coverage selections and approve the included broker annual <br />fee of $175,000.00. <br />Approved for Agenda <br />April 23, 2019 <br />128 <br />