Agenda Item
Meeting Date: 2/19/2019 - 6:30 PM
Category: CONSENT ACTION ITEMS
Type: Action
Subject: Approval of the Renewal of Excess Worker's Compensation Insurance Coverage
Strategic Plans:
Enclosure:
File Attachment:
Summary: Renewal information was requested and our consultant and Third Party Administrator, Cannon Cochran Management Services, Inc. (CCMSI) recommends renewal with Safety National Casualty Corporation. The rate is $81,287 per year for two years.
Funding:
Approved in original budget or revised budget
Funds currently available in specified line item
If not currently available in line item, where are funds available
Resolution: WHEREAS, the District requested a renewal proposal from Cannon Cochran Management Services, Inc. (CCMSI) for Aggregate and Specific Excess Workers' Compensation Insurance Coverage; and

WHEREAS, the District has received an acceptable proposal for said services from Safety National Casualty Corporation in the amount of $81,287 per year;

NOW THEREFORE BE IT RESOLVED that the Board of Education approves insurance coverage from Safety National for a period of two years beginning March 1, 2019, and ending on February 28, 2021, as submitted.
Approvals:
Recommended By:
Signed By:
Joseph Bascio - Business Manager
Signed By:
Jennifer E. Gill - Superintendent
Vote Results:

Original Motion
Member Donna Moore Moved, Member Anthony Mares seconded to approve the Original motion 'WHEREAS, the District requested a renewal proposal from Cannon Cochran Management Services, Inc. (CCMSI) for Aggregate and Specific Excess Workers' Compensation Insurance Coverage; and

WHEREAS, the District has received an acceptable proposal for said services from Safety National Casualty Corporation in the amount of $81,287 per year;

NOW THEREFORE BE IT RESOLVED that the Board of Education approves insurance coverage from Safety National for a period of two years beginning March 1, 2019, and ending on February 28, 2021, as submitted.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Judith Johnson     Yes
Jamie Sisti     Yes
Donna Moore     Yes
Anthony Mares     Yes
William Ringer     Yes