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| Resolution | NO. 176 |
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| | | | | | | | | A Resolution authorizing the City Manager to enter into a service agreement with Midwest Employers Casualty Company to provide Excess Workers' Compensation Insurance services for the period of 7/1/2016 through 7/1/2018 at a total cost of $90,606 ($45,303 per year). | | | |
| | | | | | | | | BATTLE CREEK, MICHIGAN - 6/21/2016 | | | |
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Resolved by the Commission of the City of Battle Creek:
This resolution accepts the proposal from Midwest Employers Casualty Company to provide Excess Workers' Compensation Insurance services for the period of 7/1/2015 through 7/1/2018 at a total cost of $90,606 ($45,303 per year).
I, Victoria Houser, City Clerk of the City of Battle Creek, hereby certify the above and foregoing is a true and correct copy of a Resolution adopted by the Battle Creek City Commission at a Regular meeting held on June 21, 2016.
Victoria Houser
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| | | | | | | | | Battle Creek City Commission
6/21/2016
Action Summary | | | |
| | | | | | | | | | Staff Member: | Joyce Snow | | Department: | Risk Management |
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| | | | | | | | | SUMMARY
| A Resolution authorizing the City Manager to enter into a service agreement with Midwest Employers Casualty Company to provide Excess Workers' Compensation Insurance services for the period of 7/1/2016 through 7/1/2018 at a total cost of $90,606 ($45,303 per year).
| BUDGETARY CONSIDERATIONS
| | Renewal of insurance is a budgeted expense and will be allocated to department budgets. The cost of this renewal is $90,606 ($45,303 per year) and will be charged to account 642.08.9500.801.010. |
HISTORY, BACKGROUND and DISCUSSION
| Midwest Employers Casualty Company (MECC) is our current carrier for Excess Workers' Compensation Insurance. The cost increased 3% this year over last due mostly to an increase in City of Battle Creek payroll. There were 5 other carriers that presented quotes for consideration, however MECC came in with the lowest bid. We have had one case this year that has exceeded the $600,000 retention level, and MECC has handled that claim to our satisfaction.
| DISCUSSION OF THE ISSUE
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| POSITIONS
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| ATTACHMENTS: | | File Name | Description | | No Attachments Available |
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