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Home My WebLink About MWMC Agenda Packet AGENDA II.a. ____________________________________________________________________________________________________ M E M O R A N D U M ___________________________________________________________________________ AGENDA V. Named Insured: Metropolitan Wastewater Management Commission Effective Dates: January 1, 2025 – January 1, 2026 Brown & Brown Insurance Services, Inc California License #0F09618 Attachment 1 Page 1 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of difference, the policy will prevail. BROWN & BROWN 2 of 20 Table of Contents About Brown & Brown.............................................................................. 3 Preparing You for Tomorrow’s Risks—Today™ ...................................... 5 Executive Summary ................................................................................. 6 Premium Summary .................................................................................. 7 A. M. Best ................................................................................................ 8 SDIS Premium Rate Comparison Report ................................................ 9 Schedule of Other Policies .................................................................... 10 Terms, Conditions & Recommendations ............................................... 11 Liability ................................................................................................... 12 Business Auto ........................................................................................ 14 Compensation Disclosure ...................................................................... 16 Common Policy Exclusions ................................................................... 17 Risk Management Services ................................................................... 18 Attachment 1 Page 2 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 3 of 20 About Brown & Brown With a long-standing history of proven success, we continue to grow and thrive in the extremely competitive and ever- evolving insurance industry. Our philosophy is to identify and focus on the exact needs of our clients through analyzing options and strategically planning effective risk management solutions. Achieving optimum results requires an enormous amount of time, good relationships and focus on our clients. It is our goal to solve problems for our clients – plain and simple. As succinctly stated in Brown & Brown’s 2020 Annual Report, Brown & Brown is built on integrity, innovation, superior capabilities and discipline. Our office leverages our massive global resources and offers deep specialties and market strength on behalf of its clients that is simply not possible from a smaller firm. Brown & Brown is headquartered in Daytona Beach, Florida, with operations at over 500 locations employing more than 16,000 teammates. Our Story Brown & Brown Insurance was founded in 1939 as a two-partner firm and has risen to become one of the largest insurance brokerages in the world. Powered by a culture that values high performance and perseverance, Brown & Brown is arguably the most efficient operating platform in the insurance brokerage business. With a long-standing history of proven success, Brown & Brown continues to grow and thrive in the extremely competitive and constantly changing insurance industry. Our History Brown & Brown Insurance was founded in Daytona Beach, Florida, in 1939 by cousins J. Adrian Brown and Charles Covington Owen. In 1959, Adrian’s son, Hyatt, took leadership of the family business. Under his direction, the Brown & Brown vision of a lean and profit-oriented organization came into focus. Following a merger in 1993, the company became Poe & Brown, Inc., publicly traded on Nasdaq. In 1998, Poe & Brown was changed back to Brown & Brown and became listed on the New York Stock Exchange (NYSE: BRO), joining the S&P 500 in 2021. The company has continued to thrive under Chief Executive Officer (CEO) J. Powell Brown, who became the third generation of the family to lead the organization in 2009. Powered by a culture that values high performance and perseverance, Brown & Brown has arguably the most efficient operating model in the insurance brokerage business. We consistently deliver high-quality solutions and services to a broad array of customers. With a precise and focused acquisition strategy, Brown & Brown has become one of the insurance industry’s most powerful and influential leaders. Mission Statement We are dedicated to making a positive difference in the lives of our customers by helping to protect what they value most. Guiding Principles We believe in doing what is best for our customers, communities, teammates, carrier partners and shareholders—always. The cornerstones of our organization’s guiding principles are people, performance, service and innovation. Attachment 1 Page 3 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 4 of 20 Our Culture Brown & Brown’s deeply rooted culture is built on integrity, innovation, superior capabilities and discipline. Our culture is not built through “big company” messaging; it is created by those that put in the work and remain true to shared values and a commitment to always doing what is best for our customers and our communities. Discover Our Capabilities As a successful business, you plan for the future and adapt as circumstances change your course. At Brown & Brown, we help you navigate the path forward, by taking a different approach to how you view, analyze and purchase insurance. Your exposures are unique, and you deserve coverage options designed to help protect your assets, interests and reputation. Our teams work to understand your business and your risk management plan by providing personalized local service complemented by the exceptional resources and capabilities of a national brokerage. Attachment 1 Page 4 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of difference, the policy will prevail. BROWN & BROWN 5 of 20 Preparing You for Tomorrow’s Risks—Today™ We pride ourselves on our ability to couple national strength with local, personalized service. Our local Brown & Brown Insurance Services, Inc. team is as connected to the more than 16,000 teammates across Brown & Brown and our team of companies as it is here in our community. We have become a leading insurance brokerage because we view insurance differently and utilize our vast experience and wide-reaching network to deliver superior service and solutions to our customers, both big and small. We believe that our teammates and the relationships they form with our customers are our strength. Our reputation has been built on a solid foundation of teamwork, strengthened by people who are dedicated to providing the highest degree of service. Our team thanks you for the opportunity to work together. Please find our contact information below. Name Phone Email PROPERTY & CASUALTY  Account Executive Geoff Sinclair, ARM (503)790-9364 geoffrey.sinclair@bbrown.com Account Manager Jess Butler, CISR (503)525-5452 jess.butler@bbrown.com CLAIMS & RISK MANAGEMENT Tim Clarke, MLS, CPCU, AIC (503)219-3223 tim.clarke@bbrown.com Betsy Shenk (503)219-3289 betsy.shenk@bbrown.com MAIN PHONE (503)274-6511 MAIN FAX (503)274-6524 Attachment 1 Page 5 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of difference, the policy will prevail. BROWN & BROWN 6 of 20 Executive Summary In early 2024, we began to see signs that the 2025 renewal season for SDIS pool members could be challenging, continuing a multi-year trend in rising premiums. Most notably, claims costs for general liability and property were significantly increasing within the pool and the reinsurance market was reacting to new exposure concerns. By April, SDIS representatives were communicating that pool contributions could rise on average 15%, and last month we learned that parks and recreation districts, transit and PUD’s would be closer to 18%. From a re-insurance perspective, wildfire exposures have grown considerably, and we’re seeing the market account for this uncertainty by increasing capitol and amplifying reserves. This year proved to be an active year for wildfires in Oregon with approximately $1.9 million acres burned – about three times the state average. Governor Kotek requested a major disaster declaration from Congress after the record-breaking season. Hurricane season officially ended on November 30th, but its effects won’t be over for some time. Ironically though, the two major hurricanes that hit Florida and North Carolina in September, causing widespread devastation, haven’t had as drastic an effect on the commercial insurance market as we may have expected. This is largely because insurers in recent years have tightened coverage terms, raised deductibles and reduced limits. As a result, less will be paid out under current policies and more of the financial burden is shifting to individuals, businesses and federal resources. Despite these challenges, macroeconomic factors affecting property reinsurance have been showing some improvement and markets are reacting positively with increased capacity and optimistic outlooks. While inflation hasn’t subsided as much as hoped, many underwriters believe that the market may be on the better side of what were long-overdue valuation adjustments and funding requirements. While we anticipated a tough renewal this year, we are cautiously optimistic that we can turn a corner in the coming year and return to a less volatile market. In other market news, workers’ compensation rates in Oregon have decreased overall. The Department of Consumer and Business Services (DCBS) announced a 3.2% decrease in the average pure premium rate for 2025. Individual performance and payroll variance remain the driving factors in premium changes for SAIF policyholders. Additionally, the cyber insurance market is showing improvements so long as agencies continue to improve their overall security posture through systems and training. Attachment 1 Page 6 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of difference, the policy will prevail. BROWN & BROWN 7 of 20 Preliminary Premium Summary Line of Business Expiring Premium (Inception) Renewal Premium Carrier Special Districts Insurance Services (SDIS) Special Districts Insurance Services (SDIS) Admitted/AM Best Admitted/Not Rated Admitted/Not Rated Liability $ 39,673.00 $ 45,511.00 Hired & Non-Owned Auto $ 434.00 $ 479.00 Best Practices Credit ($ 4,539.00) ($ 5,207.00) Total Package Premium $ 35,568.00 $ 40,783.00 Broker Service Fee $ 30,118.00 $ 31,022.00 Grand Total $ 65,686.00 $ 71,805.00 This quote is valid for (30) days or until the proposed effective date, whichever is first. Please note SDIS Premium Rate Comparison reflects annualized 2024-2025 premiums. Payment Plans Line of Business Payment Plan Billing Plan SDIS Package Due to SDIS by March 1, 2025 Directly billed by SDIS Broker Service Fee Due on July 15, 2025 Billed by Brown & Brown Subjectivities: None Attachment 1 Page 7 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 8 of 20 A. M. Best General Rating Rating Categories Rating Symbols Rating Categories Rating Symbols Superior A+ to A++ Marginal C+ to C++ Excellent A to A- Weak C to C- Good B+ to B++ Poor D Fair B to B- These rating classifications reflect AM BEST’s opinion of the relative position of each company in comparison with others, based upon averages within the Property-Casualty insurance industry. They are reflective of overall company services and standing within the industry. Financial Size Category Class Range ($ in Thousands) Class Range ($ in Thousands) Class Range ($ in Thousands) Class I Up-$1,000 Class VI $25,000-$50,000 Class XI $750,000-$1,000,000 Class II $1,000-$2,000 Class VII $50,000-$100,000 Class XII $1,000,000-$1,250,000 Class III $2,000- $5,000 Class VIII $100,000-$250,000 Class XIII $1,250,000-$1,500,000 Class IV $5,000-$10,000 Class IX $250,000-$500,000 Class XIV $1,500,000-$2,000,000 Class V $10,000-$25,000 Class X $500,000-$750,000 Class XV $2,000,000-Greater The Financial Size Category is an indication of the size of an Insurer and is based on reported policyholder’s surplus conditional or technical reserve funds, such as mandatory securities valuation reserve, or other investments and operating contingency funds and/or miscellaneous voluntary reserves in liabilities ($ in Thousands) This information has been provided to you so that consideration is given to the financial condition of our proposed carriers. The financial information disclosed is the most recent available to Brown & Brown, Inc. Brown & Brown, Inc. does not guarantee financial condition of the insurers listed above. Attachment 1 Page 8 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 9 of 20 SDIS Premium Rate Comparison Report Attachment 1 Page 9 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 10 of 20 Schedule of Other Policies Policy Number Policy Description Policy Term Insurance Company Premium 24SSLDOLD324241 Property and Inland Marine 07/01/24-07/01/25 Starr Surplus Lines Insurance Company $509,047 Attachment 1 Page 10 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 11 of 20 Terms, Conditions & Recommendations Points for Discussion: Special Districts can offer enhanced cyber coverage upon acceptance of the SDIS Cyber Application. You have declined to quote standalone markets, please let us know if you’d like us to quote in the future. Notable Changes from Existing Program: 1. As requested, cyber and crime coverage will be removed from your policy, effective January 1, 2025 2. Budget figures have increased this year Materials and Supplies from $9,660,389 to $10,162,557 (5%) Personal Services from $13,886,087 to $14,049,147 (1%) Quotes are Subject to the Following: Package 1. Favorable safety/loss control and compliance with any essential recommendations. 2. Final pricing subject to change if there are any additional updates from now until renewal. Optional Quotes: General Liability Deductible Options Deductible Premium Total Savings None (current) $40,783 - $1,000 $38,287 $2,496 $5,000 $35,792 $4,991 Items to Consider: 1. Flood & Earthquake coverage – higher limits may be available 2. Review building limits for adequate coverage 3. Public Entity Liability – higher limits may be available 4. Social Engineering Coverage – higher limits may be available 5. NFIP Flood policy for locations in a flood zone 6. Pollution or Environmental Liability 7. International/Foreign Liability, Travel Accident 8. Terrorism coverage 9. Volunteer Accident Coverage 10. Tenant User Liability Insurance Program (TULIP) Attachment 1 Page 11 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 12 of 20 Liability Policy will pay sums which the insured becomes legally liable to pay as damages because of bodily injury or property damage to which this insurance applies. Coverage Type Coverage Basis Commercial General Liability Occurrence Limits of Liability Coverage Limit Participant Limit All Participants Deductible Each Occurrence $5,000,000 None Wrongful Act Limit of Liability $5,000,000 None Annual Aggregate No Limit (unless noted otherwise) Additional and Supplemental Coverages Ethics Complaint Defense Costs $5,000 $5,000 None EEOC/BOLI Defense Costs $5,000,000 None None Limited Pollution Coverage $250,000 $250,000 None Injunctive Relief Defense Costs $25,000 $25,000 Not Applicable None Criminal Defense Costs $100,000 $100,000 $500,000 None Premises Medical Expense $5,000 $5,000 None Fungal Pathogens (Mold) Defense Costs $100,000 $100,000 None Applicators Pollution Coverage $50,000 $50,000 None Lead Sublimit Defense Costs $50,000 $50,000 $200,000 None Marine Salvage Expense Reimbursement $250,000 $250,000 None Communicable Disease Defense $50,000 $50,000 $2,000,000 None Higher limits may be available. Exposure Basis Classification Exposure Budgeted Personal Services $14,049,147 Budgeted Materials & Supplies $10,162,557 Budgeted Contingencies $0 Number of Volunteers 0 Number of Board Members 7 Number of Employees 0 District Size 60 Population Served 235,000 Number of Drones (UAVs) Owned or Operated 0 Buildings & Premises - Occupied by District 160,000 Pipe Line (Sewer or Storm Drainage) 800 Boats 0 Dollars Paid for Services $90,000 Events/Fundraisers - No Alcohol Served 0 Events/Fundraisers - Alcohol Served 0 Attachment 1 Page 12 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 13 of 20 Terms, Conditions, Endorsements, Exclusions, and/or Limitations include but are not limited to: SDIS Liability Coverage Document $25,000,000 maximum limit for all SDIS Trust Participants involved in the same Occurrence or Wrongful Act. $25,000 Employment Practices deductible for terminations when SDIS is not contacted for legal advice in advance. All Participants limit shown denotes maximum limit of coverage, for all SDIS Trust Participants for the Coverage Period. Does not apply to Injunctive Relief Defense Costs. Injunctive Relief Defense Costs - Maximum limit of coverage, for all SDIS Trust Participants involved in the same Occurrence or Wrongful Act is $100,000 Premium is not Subject to Audit. Attachment 1 Page 13 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 14 of 20 Business Auto Automobile Coverage subject to policy provisions, conditions, terms, definitions, and exclusions. Coverage is provided for damages because of bodily injury or property damage to which this insurance applies caused by an accident and resulting from the ownership, maintenance, or use of a covered auto. Coverage Coverage Limit Deductible Symbol Auto Liability Coverage No Coverage Non-Owned & Hired Auto $500,000 None 8,9 Excess Non-Owned/Hired Auto Liability Coverage $4,500,000 $500,000 8,9 Personal Injury Protection (PIP) Applies to Private Passenger Vehicles No Coverage Uninsured/Underinsured Motorist Bodily Injury 500,000 None 2 Comprehensive No Coverage Collision No Coverage Hired Auto Physical Damage - Comprehensive $100,000 $100 8 Hired Auto Physical Damage - Collision $100,000 $500 8 Higher limits may be available. Terms, Conditions, Endorsements, Exclusions, and/or Limitations include but are not limited to: SDIS Auto Liability Coverage and Excess Liability Coverage Document SDIS Auto Physical Damage Document Vehicle Valuation • Buses 10 years old and newer – Replacement Cost • Other Vehicles 6 years old and newer – Replacement Cost • All Other Vehicles – Functional Replacement Cost Vehicle Ownership The Named Insured represents that all scheduled vehicles are titled to the Named Insured or leased to the Named Insured. If not, you must notify us immediately in order to obtain proper coverage not currently proposed. Attachment 1 Page 14 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 15 of 20 Auto Symbols Symbol Description 1 Any Auto 2 Owned Autos only. Only those autos you own (and for Liability Coverage any trailers you don’t own while attached to power units you own). This includes those autos you acquire ownership of after the policy begins. 3 Owned private passenger autos only. Only the private passenger autos you own. This includes those private passenger autos you acquire ownership of after the policy begins. 4 Owned autos other than private passenger autos only. Only those autos you own that are not of the private passenger type (and for Liability Coverage any trailers you don’t own while attached to power units you own). This includes those autos not of the private passenger type you acquire ownership of after the policy begins. 5 Owned autos subject to no-fault. Only those autos you own that are required to have no-fault benefits in the state where they are licensed or principally garaged. This includes those autos you acquire ownership of after the policy begins provided they are required to have no-fault benefits in the state where they are licensed or principally garaged. 6 Owned autos subject to a compulsory uninsured motorist’s law. Only those autos you own that because of the law in the state where they are licensed or principally garaged are required to have and cannot reject Uninsured Motorists Coverage. This includes those autos you acquire ownership of after the policy begins provided they are subject to the same state uninsured motorist’s requirement. 7 Specifically Described Autos. Only those autos described in item three of the declarations for which a premium charge is shown (and for Liability Coverage any trailers you don’t own while attached to any power unit described in item three). 8 Hired Autos Only. Only those autos you lease, hire, rent or borrow. This does not include any auto you lease, hire, rent or borrow from any of your employees or partners or members of their households. 9 Non-owned Autos Only. Only those “autos” you do not own, lease, hire, rent or borrow and that are used in connection with your business. This includes “autos” owned by your employees or partners or members of their households but only while used in your business or your personal affairs. Attachment 1 Page 15 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 16 of 20 Compensation Disclosure Compensation. In addition to the commissions or fees received by us for assistance with the placement, servicing, claims handling, or renewal of your insurance coverages, other parties, such as excess and surplus lines brokers, wholesale brokers, reinsurance intermediaries, underwriting managers and similar parties, some of which may be owned in whole or in part by Brown & Brown, Inc., may also receive compensation for their role in providing insurance products or services to you pursuant to their separate contracts with insurance or reinsurance carriers. That compensation is derived from your premium payments. Additionally, it is possible that we, or our corporate parents or affiliates, may receive contingent payments or allowances from insurers based on factors which are not client-specific, such as the performance and/or size of an overall book of business produced with an insurer. We generally do not know if such a contingent payment will be made by a particular insurer, or the amount of any such contingent payments, until the underwriting year is closed. That compensation is partially derived from your premium dollars, after being combined (or “pooled”) with the premium dollars of other insureds that have purchased similar types of coverage. We may also receive invitations to programs sponsored and paid for by insurance carriers to inform brokers regarding their products and services, including possible participation in company-sponsored events such as trips, seminars, and advisory council meetings, based upon the total volume of business placed with the carrier you select. We may, on occasion, receive loans or credit from insurance companies. Additionally, in the ordinary course of our business, we may receive and retain interest on premiums you pay from the date we receive them until the date of premiums are remitted to the insurance company or intermediary. In the event that we assist with placement and other details of arranging for the financing of your insurance premium, we may also receive a fee from the premium finance company. If an intermediary is utilized in the placement of coverage, the intermediary may or may not be owned in whole or part by Brown & Brown, Inc. or its subsidiaries. Brown & Brown entities operate independently and are not required to utilize other companies owned by Brown & Brown, Inc., but routinely do so. In addition to providing access to the insurance company, the Wholesale Insurance Broker/Managing General Agent may provide additional services including, but not limited to: underwriting; loss control; risk placement; coverage review; claims coordination with insurance company; and policy issuance. Compensation paid for those services is derived from your premium payment, which may on average be 15% of the premium you pay for coverage, and may include additional fees charged by the intermediary. Questions and Information Requests. Should you have any questions, or require additional information, please contact this office at (503) 274-6511 or, if you prefer, submit your question or request online at http://www.bbinsurance.com/customerinquiry/ Attachment 1 Page 16 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 17 of 20 Common Policy Exclusions Below is a list of standard exclusions found in most policies but not limited to the following lists. Some of these exclusions can be removed or modified. Upon receipt of your policy, please refer to the policy provisions for the details of these exclusions and any other terms and conditions. Property Exclusions: General Liability Exclusions • Flood, Surface Water, Tidal Waves, Bodily Injury to Employees • Earth Movement Nuclear Hazard, War • Electrical Disturbance, unless fire ensues Aircraft. • Wear & Tear Watercraft over 26’ in Length • Mysterious Disappearance Intentional or Illegal Acts • Mechanical Breakdown Employment Related Practices • Explosion of Steam Boilers Professional Services • War, Military, or Governmental Action Mold/Pollution/Asbestos • Nuclear Hazard Electronic Privacy Violations • Mold/Pollution/Asbestos • Vacancy Clause Inland Marine Exclusions, Automobile Exclusions • Flood, Surface Water, Tidal Waves Depletion of Value • Earth Movement Mold/Pollution/Asbestos • Wear and tear Bodily Injury to Employees • Mysterious Disappearance Loss of Use • War, Military, or Governmental Action Nuclear Hazard, War • Nuclear Hazard • Mold/Pollution/Asbestos Boiler Exclusions Umbrella/Excess Exclusions • Earth Movement Mold/Pollution/Asbestos • Flood, Surface Water, Tidal Waves, Nuclear Hazard, War • Wear & Tear ERISA • Indirect result of an accident to an object Property in Insureds Care Custody & Control • War, Military, or Governmental Action Uninsured Motorists • Nuclear Hazard Employment Related Practices • Mold/Pollution/Asbestos Crime Exclusions: Workers Compensation • Fraudulent Acts by Insured or Partners Volunteers • Voluntary Surrender of Property to Domestic Servants • Loss discovered by inventory Aircraft Flight Crew • Social Engineering USL&H TERRORISM – Under the Terrorism Act, the government will share the risk of loss for certain future terrorism events with insurers. It provides licensed, admitted carriers with a substantial federal reinsurance backstop for internationally and domestically instigated terrorism acts certified by the US Secretary of the Treasury as covered events (known as “certified” losses). The act responds to events within the US, its territories, and possessions. Your participation may be optional, as some carriers and/or coverage lines automatically include or exclude coverage; therefore, you may be able to accept or reject the offer. Attachment 1 Page 17 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 18 of 20 Risk Management Services Our internal staff and outside strategic partners will be happy to provide you the following service options upon request. We tailor risk management service plans to fit your company’s unique needs and management style as requested. Additional rates may apply for certain services. Program Administration • Rate projections and forecasting • Premium and loss allocation by department • Actuarial Services • Annual reports, board presentations, and objective setting Risk Management Programs • Development of risk management manuals and disaster plans • Analysis of your risk management systems Other Risk Services • Industrial hygiene and environmental health • Hazardous materials handling, hazard communication, emergency response and environmental protection • Workplace safety & health written programs and training • Property and machinery risk engineering • Legal services Training Programs • Workers’ compensation claims training • Ergonomics evaluations and training • Fleet safety training • Safety committee training • Training on proper accident investigation, claims reporting, and incentive program development Contractual Risk Management • Boilerplate insurance wording • Tailored construction wording • Indemnity clause consulting • Certificate checklists Volunteer Risk Management • Policy statement design • Volunteer coordinator training • Volunteer risk identification program • Creative insurance options Attachment 1 Page 18 of 20 This proposal is based upon the exposures made known to the Agency by you and contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of differences, the policy will prevail. BROWN & BROWN 19 of 20 Risk Management Services Loss Prevention Services • Client self-inspection checklists • Emergency evacuation plans • Safety handbooks • Fleet safety programs • Premises liability safety surveys • Advanced property protection • School-to-work risk management programs • Negotiating optimum loss control services with insurance companies Claims Cost Containment • On-staff client claims advocates • Claims reviews to lower reserves • Employer at Injury Program requirements • Early Return to Work programs • Catastrophic claims management Resources • Internet Research • Risk Management resource and video library • Prima database Bonds • Highway Use Tax Bonds • UCC Bonds • Fuel Tax Bonds • Performance/Payment Bonds Attachment 1 Page 19 of 20 Attachment 1 Page 20 of 20 ____________________________________________________________________________________________________ M E M O R A N D U M ___________________________________________________________________________ AGENDA VI. • • • • • • • AGENDA VII. • • • • • • • • • • • • • • • • • • • • • • Based on the typical Accuracy of a class 1 estimate, the expected costs ranges of cost are: Upper Range r Lower Range +15%-10% TOTAL BASE BID $25,421,900 $22,106,000 $19,895,400 Aeration Basin Seismic Baffle Wall replacement. Alt. #1 $3,791,550 $3,297,000 $2,967,300 Secondary Control Complex Seismic Retrofit. Alt. #2 $355,350 $309,000 $278,100 *Fine Air Diffuser System Replacement. Alt. #3 (Equip. Replacement)$2,975,050 $2,587,000 $2,328,300 Secondary Control Complex Roof Replacement. Alt. #4 (Equipment replacement)$257,600 $224,000 $201,600 *Diffuser Disk Replacement Only. Alt. #5 (Equipment Replacement)$502,550 $437,000 $393,300 *Alternate #5 can only be accepted if Alternate #3 is rejected. Estimated Project Costs 100% Design ____________________________________________________________________________________________________ M E M O R A N D U M _________________________________________________________________________ AGENDA VIII. • • • • • • • • • • • • • • • • • • Attachment 1 Page 1 of 1 • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Attachment 2 Page 1 of 1