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Reso 2022-3387
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Reso 2022-3387
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Last modified
9/12/2024 4:30:44 PM
Creation date
9/30/2022 10:24:49 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2022-3387
Date (mm/dd/yyyy)
09/15/2022
Description
PGIT for Commercial Package Policy, Workers’ Comp & Misc. Ins. for FY 22/23
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Exposure Differences <br />WC Experience Modification Factor: 2021:.99 vs 2022:.87 <br />Workers Compensation Payroll: 2021: $18,485,200 vs 2022: $20,453,000 <br />General Liability Rateable Payroll: 2021: $12,665,707 vs 2022: $14,369,316 <br />Property Total Insured Value: 2021: $63,340,070 vs 2022: $66,090,070 <br />Auto: 2021: 198 Units vs 2022: 200 Units <br />Total Insured Value of Vehicles: 2021: $5,609,444 vs 2022: $6,083,086 <br />Payment Plans <br />146 <br />Commercial Package <br />Agency Bill: <br />50% Down Payment and Two Additional <br />Installments of 25% <br />Payable to Brown & Brown <br />Workers Compensation <br />Direct Bill: Paid Quarterly and Directly <br />to Preferred Governmental <br />Fidelity & Deposit Crime, Gerber Life Student <br />Agency Bill — Annual Payment <br />Accident, USPlate Glass, RLI Marine Hull <br />25% Minimum Earned Premium applies to the PGIT Package <br />Quotation is Subiect To: <br />■ Signed and Initialed PGIT Package and WC Applications <br />■ Signed UM Forms <br />■ Signed Signature Page <br />■ Signed Florida Fraud Statement <br />■ Signed Acords <br />■ Workers Compensation Subject to Drug Free and Safety Applications/Programs <br />146 <br />
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