Recommendation to authorize City Manager, or designee, to purchase, through Aon, the following insurance policies: Excess Municipal Liability insurance for the period of July 1, 2017 through July 1, 2018, for a total premium not to exceed $1,161,524 with Allied Insurance Company, Berkeley National Insurance Company, Allied World National Assurance Company, and Navigator’s Insurance Company; Airport Liability insurance for the period of June 30, 2017 through June 30, 2018, for a premium not to exceed $72,751 with National Union Insurance Company; and, Aircraft Liability and Hull insurance for police helicopters for the period of June 30, 2017 through June 30, 2018, for a premium not to exceed $37,300 with National Union Insurance Company, for a total aggregate cost of the liability renewal premiums not to exceed $1,271,575.  (Citywide)
Okay. Next up is item number 22. Report from Human Resources Recommendation to purchase insurance policies for excess municipal liability, airport liability and aircraft liability and whole insurance for police helicopters for a total aggregate cost of the liability renewal premiums not to exceed 1,000,275 one. 75,575 citywide. Okay. This item has been moved in, seconded. Is there a brief staff report? We have a very. Brief staffer from our insurance manager, Randy Sellers, or our H.R. director, Alex BASKAS. I'm Randy Sellers, risk manager, and I'm briefly going to cover items 22 and 23, if I have your permission. Item 22 is for the annual renewal of the city's excess liability insurance. Policies, as well as to. Smaller aviation policies. We're recommending authority in the amount of $1,271,575 to procure those policies. The main difference this year from the expiring policy. Involves the excess liability, where we previously. Had a self-insured retention for all departments. Of $5 million. But the insurance. Company proposed that we have a self-insured retention for the police department only of 7 million, with the other departments remaining at 5 million. And by doing that, we, we avoided a fairly significant cost increase. And this is an item that we come to counsel with every year. The purchase of the excess liability. And the the purpose of those policies that protect us from high exposure losses. Item 23 pertains to the purchase of property insurance, which covers city. Buildings, contents, equipment and vehicles. And this year we're requesting authority of a premium of up to $1,341,143. This also includes coverage for the Queen Mary, although the operator of the Queen. Mary Urban comments does reimburse this for their share of the premium. We do come to council. Every year also with. The recommendation to renew the property coverage. So we do recommend that both both types of coverage coverages be approved, the liability and the property. Thank you. Thank you. No further comment on this, so please cast your votes. Thanks.