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County Administrator's Report   10. 53.
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BCC Regular Meeting |
Budget & Finance Consent   |
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RECOMMENDATION: |
Recommendation Concerning Professional Liability (Medical Malpractice) Insurance for the Jail - Mark Bartlett, Manager, Risk Management Office/Jana Still, Human Resources Department Director
That the Board approve the payment to USI Insurance Services, LLC, for the Professional Liability (Medical Malpractice) Insurance policy issued through Pro-Praxis Insurance and underwritten by Certain Underwriters at Lloyd’s of London, for an extension effective November 15, 2020, through January 1, 2021, in the amount of $23,767, with a $75,000 deductible.
Vendor |
Funding |
Amount |
USI Insurance Services, LLC
Professional Liability (Medical Malpractice) Insurance |
Fund 501, Internal Service Fund, Cost Center 140835, Object Code 54501 |
$23,767 |
[Funding: Fund 501, Internal Service, Cost Center 140835, Object Code 54501] |
BACKGROUND: |
The policy was previously extended to allow the carrier to change to a locally admitted company in the United States. The two carriers have pulled out of this market space, so this extension will allow an opportunity to look for a different company or self-insure. |
BUDGETARY IMPACT: |
Funding: Fund 501, Internal Service, Cost Center 140835, Object Code 54501 |
LEGAL CONSIDERATIONS/SIGN-OFF: |
N/A |
PERSONNEL: |
Risk Management will be the Contract Administrator. |
POLICY/REQUIREMENT FOR BOARD ACTION: |
This Recommendation is in compliance with the provisions of the Code of Ordinances of Escambia County, Florida, Chapter 46, Finance, Article II, Purchase and Contracts. |
IMPLEMENTATION/COORDINATION: |
Upon Board approval, a Purchase Order will be issued to provide payment for services rendered from the Contract. |
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