HomeMy WebLinkAboutReso. 1983 - 132 - Approving the contract for excess workers compensation coverage with general reinsurance corporation through arthur j gallagher . .
RESOLUTION NO. g5 -7,2...
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE CONTRACT FOR EXCESS WORKERS ' COMPENSATION
COVERAGE WITH GENERAL REINSURANCE CORPORATION THROUGH ARTHUR
J. GALLAGHER COMPANY AND AUTHORIZING THE MAYOR TO EXECUTE
THE SAME.
WHEREAS, the existing coverage for the City of Redding for
excess workers ' compensation terminated July 1 , 1983; and
WHEREAS, the City was granted a thirty (30) day extension on
said coverage to August 1 , 1983 in order to review renewal
offers; and
WHEREAS , the City Council deems it to be in the best inter-
ests of the City and its employees to enter into a contract with
General Reinsurance Corporation for excess workers ' compensation
coverage; and
WHEREAS , it has been determined that this matter is categor-
ically exempt from the provisions of CEQA;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Redding as follows:
1 . The contract for excess workers ' compensation coverage,
a copy of which is attached hereto as Exhibit "A" and made a part
hereof, with General Reinsurance Corporation through the broker-
age of Arthur J. Gallagher Company for the period August 1 , 1983
to June 30 , 1984 is hereby approved.
2 . The Mayor of the City of Redding is hereby authorized
to execute said agreement on behalf of the City of Redding.
r;�s
• •
I HEREBY CERTIFY that the toregoing Resolution was intro-
duced and read at a regular meeting of the City Council of the
City of Redding on the 18th day of July , 1983 , and
was duly adopted at said meeting by the following vote:
AYES: COUNCILMEN: Demsher, Fulton, Kirkpatrick, Pugh, and Gard
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: None
^ ' I
h•RBARA ALLEN ARD, Mayor
City of Redding
ATTEST:
ETHEL A. NICHOLS, City Clerk
FORM APPROVED:
RA DALL A. HAYS, 9ity Attorney
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° _, ♦,(i , . • ). ,-, 1 6,-) lire ( • 222
NAME At-n)AOO`4S,5 OF AGt t:C:Y CtK,.r'Ar•IY
Arthur J. Gallagher & Co. —_,encr_al_Rein;urance ._._
P. O. Box 254917 Effective 12:O]A n 8/1/83 , 19
Expires b? 12:01 am D t`N:ooitintil_policy_is_issued
SacranY✓nto, California 95865 --
D This binder is issued to extend coverage in the above namcu
- company per expiring policy ft
(c•`evt as noted Moo)
NAME AND MAILING ADDRESS OF INSURED Description of Operation/Vehicfcs/Property
City of Redding California
760 Parkview Avenue •
Redding, California 96001 Excess Workers Compensation
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Type and Location of Property Coverage/Perils/Forms Amt of Insurance Ded. s�
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Limits Of Liability .
Type of Insurance Coverage/Forms
L Evchoccurrenc.e Aggregate
ragate
I 0 Scheduled Form 0 Comprehensive Form Bodily Injury $ $
A 0 Premises/Operations Property
I 0 Products/Completed Operations • Damage $ $
L 0 Contractual Bodily Injury &
1 0 Other (specify below) . . Property Damage
T. D Merl. Pay. $ Per $ Per Combined $ $ .
Y
0 Personal Injury Person Acvdent D A 0 B 0 Cjury $.
Personal In
A Limits of Liability
U 0 Liability 0 Non-owned 0 Hired Bodily Injury (Each Person) $
T 0 Comprehensive-Deductible $ Bodily Injury (Each Accident) $
O D Collision-Deductible $
0 Medical Payments $ • Property Damage $
B 0 Uninsured Motorist $
( 0 No Fault (specify): Bodily Injury & Property Damage r
L 0 Other (specify): Combined $
E .
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D WORKERS' COMPENSATION — Statutory Limits (specify states below) 0 EMPLOYERS' LIABILITY — Limit $
S ECIAL CONDITIONS/OTIICR COVERAGES
EXCESS L;K)FtKERS CU-1P1 NSATION
LIMITS — $10,000,000. Excess of $100,000. S.I.R.
with a $5,000,000. Employers Liability sublimit
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