RESOLUTION NO. 292
AUTHORIZING AGREEMENTS REGARDING ALBANY COUNTY INSURANCE COVERAGE
Introduced: 8/8/22
By Law Committee:
WHEREAS, The Albany County Attorney's Office, upon the recommendation of the County's insurance consultant, has requested authorization to enter into agreements for the County's insurance coverage through Arthur J. Gallagher Risk Management Services, Inc., and
WHEREAS, It has been recommended that the County enter into agreements with Safety National for Excess Commercial, General, Automobile, Law Enforcement, Public Officials, and Employment Practices coverage; Indian Harbor for Excess insurance; Kinsale for Excess insurance; Homesite for Excess insurance; Arch for Excess insurance; Travelers for Property insurance; Greenwich for Boiler and Machinery coverage; National Fire & Marine for Medical Liability coverage; MedPro RRG Risk Retention Group for Medical Liability coverage; Chubb for Cyber Liability insurance; and Navigators for Pollution coverage for a total combined premium amount of $2,151,973, now, therefore, be it
RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into agreements through Arthur J. Gallagher Risk Management Services, Inc. with Safety National for Excess Commercial, General, Automobile, Law Enforcement, Public Officials, and Employment Practices coverage at an annual premium not to exceed $457,514; Indian Harbor for Excess insurance at an annual premium not to exceed $69,162; Kinsale for Excess insurance at an annual premium not to exceed $81,492; Homesite for Excess insurance at an annual premium not to exceed $191,613; Arch for Excess insurance at an annual premium not to exceed $223,167; Travelers for Property insurance at an annual premium not to exceed $349,185 + $1,177 Fire Fee; Greenwich for Boiler and Machinery coverage at an annual premium not to exceed $34,792; National Fire & Marine for Medical Liability insurance at an annual premium not to exceed $415,496...
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