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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAF~DA COUNTY, CALIFORNIA <br /> <br />P~SOLUTION NO. 82-255 <br /> <br />APPROVAL OF 1982-83 INSURANCE PROGRAJ~ FOR CITY OF <br />PLEASANTON <br /> <br />WHEREAS , <br /> <br />the City of Pleasanton has been a self-insured <br />municipality since 1978 having a self-insured <br />liability retention of $50,000 and a worker's <br />compensation self-insured retention of $100,000; <br />and <br /> <br />WtlEREAS , <br /> <br />the Director of Finance presented a report to the <br />City Council on July 13, 1982, outlining a program <br />of insurance coverage in excess of the self- <br />insured retentions; and <br /> <br />~iEP~AS, <br /> <br />claims administration of the Self-Insurance Worker's <br />Compensation Program has been handled by E.S.I.S. <br />since 1978; and <br /> <br />WttEKEAS, <br /> <br />R. L. Kautz & Company has handled the claims <br />administration of the Self-Insured l~unicipal <br />Liability Program; and <br /> <br />~,~EREAS, staff has been satisfied with the services of <br /> these insurance administrators; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />P~SOLVES AS FOLLOWS: <br /> <br />Section <br /> <br />1: Approves the purchase of the following insurance <br /> policies: <br /> <br />(a) <br /> <br />Canadian Indemnity Insurance Co., $1,000,000 <br />of l~unicipal Liability Insurance in excess of <br />the C50,000 S.I.R., with a $300,000 annual <br />Stop Loss, including two years prepaid with <br />a 10% discount <br /> <br />(b) Lexington Insurance Co., $9,000,000 Umbrella <br /> Liability <br /> <br />(c) Fremont Indemnity Ins. Co., Property and <br /> Crime Ins. <br /> <br />(d) Continental Insurance Co., Boiler & <br /> IZachinery Pro. <br /> <br />(e) Employer's Reinsurance Corporation, <br /> Excess Worker's Compensation <br /> <br />$~2,863 <br /> 6,800 <br /> 13,650 <br /> 4,153 <br /> 9,900 <br /> <br /> <br />