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File #: 25-296    Version: Name:
Type: Resolution Status: Passed
File created: 6/17/2025 In control: Law Committee
On agenda: Final action: 8/11/2025
Title: AUTHORIZING AGREEMENTS REGARDING ALBANY COUNTY INSURANCE COVERAGE
Sponsors: Law Committee
Attachments: 1. Memo to Chair 1 2025--Law Insurance RLA, 2. RLA Form 6666, 3. 25-296 Law 22 - TMP-6666 - County Insurance Coverage WITH BLANKS
RESOLUTION NO. 296

AUTHORIZING AGREEMENTS REGARDING ALBANY COUNTY INSURANCE COVERAGE

Introduced: 8/11/25
By Law Committee:

WHEREAS, The Albany County Attorney, upon the recommendation of the County's insurance consultant, Arthur J. Gallagher Risk Management Services, Inc., has requested authorization to enter into agreements for the County's insurance coverage, 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; Arch for Excess insurance; Homesite for Excess insurance; Traveler's 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; Starstone for Medical Liability Coverage; Chubb for Cyber Liability coverage; and Navigators for Pollution coverage for a total combined premium amount of $2,691,386, 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 $640,178; Arch for Excess insurance at an annual premium not to exceed $431,684; Homesite for Excess insurance at an annual premium not to exceed $311,389; Traveler's for Property insurance at an annual premium not to exceed $466,633 + $1,573 Fire Fee; Greenwich for Boiler and Machinery coverage at an annual premium not to exceed $53,108; National Fire & Marine for Medical Liability insurance at an annual premium not to exceed $446,644; MedPro RRG Risk Retention Group for Medical Liability insurance at an annual premium not to exceed $173,489; Starstone for Medical Liability insurance at an annual premium not to exceed $18,155...

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