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County Administrator's Report   9. 25.
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BCC Regular Meeting |
Budget & Finance Consent   |
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RECOMMENDATION: |
Recommendation Concerning Professional (Medical Malpractice) Insurance for the Jail - Robert Dye, Manager, Risk Management Office
That the Board take the following action concerning insurance for the Escambia County Jail:
A. Rescind the Board’s action of September 20, 2018, County Administrator's Report II-29B, approving the payment to USI Insurance Services, LLC, for the Professional Liability (Medical Malpractice) Insurance policy written through AB Risk (Wholesale Broker) and issued through Pro-Praxis Insurance and underwritten by certain underwriters at Lloyd’s, London, to extend the existing policy for 1 month effective October 1, 2018, through November 30, 2018, in the amount of $5,570, to allow for additional time for negotiation of the terms for a full term policy; and
B. Approve the payment to USI Insurance Services, LLC, for Professional Liability (Medical Malpractice) Insurance policy written through AB Risk (Wholesale Broker) and issued through Pro-Praxis Insurance and underwritten by certain underwriters at Lloyd’s, London, effective October 1, 2018, through September 30, 2019, in the amount of $170,522.
[Funding: Fund 501, Internal Service, Cost Center 140835, Object Code 54501]
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BACKGROUND: |
The Board approved a one month extension on September 20, 2018 to allow for additional time for negotiation of the terms for a full-term policy. The carrier agreed to extend the current policy through November 30, 2018 at the prevailing rate. The County will pay two months at the previous policy term rate and the new rate for the remainder of the policy period. Premium increases are attributed to increased settlement experiences across the State as well as Escambia County’s loss experience. |
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 approval by the Board of County Commissioners, a purchase order will be issued to provide payment for services rendered from the contract.
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