Resolution No. 21-54RESOLUTION NO. 21-54
A RESOLUTION OF THE CITY OF ATLANTIC BEACH, FLORIDA,
APPROVING RENEWAL OF ALL LIABILITY INSURANCES AND
WORKERS' COMPENSATION INSURANCE WITH PREFERRED
GOVERNMENTAL INSURANCE TRUST FOR 2021-2022, AND
AUTHORIZING THE CITY MANAGER TO EXECUTE ALL RENEWAL
DOCUMENTS.
WHEREAS,the City of Atlantic Beach currently has a contract in place with the Preferred
Governmental Insurance Trust(PGIT)for general liability and workers' compensation insurances;
and
WHEREAS,the City's insurance broker,Harden and Associates,submitted RFP's to both
Insurance Trusts providing coverage to municipalities for all lines general liability and workers'
compensation insurances; and
WHEREAS, both Trusts responded with very competitive options; and
WHEREAS,the option provided by PGIT for all lines is preferable to the City for several
reasons, including the rate quotes, the positive on-going working relationship, the fact that PGIT
provides full prior acts coverage for Public Officials and Employment Practices Liability coverage
and the PGIT program now provides $1,000,000 of Deadly Weapons Protection including sub-
limits of coverage for Crisis Management, Counseling Services and Funeral Expenses;
WHEREAS, this option represents a 13% increase ($59,168) in premiums from the
expiring policies (excluding flood insurance, which is still pending, but is expected to increase
10%for a total premium of about$11,000),and a 3%increase in what was budgeted for this year's
premiums (again, excluding flood insurance premiums of approximately$11,000);
NOW THEREFORE,be it resolved by the City Commission of the City of Atlantic Beach
as follows:
SECTION 1. The City Commission hereby approves renewal of all lines of liability
insurances and workers' compensation insurance with Preferred Governmental Insurance Trust;
SECTION 2. The City Commission hereby authorizes the City Manager to sign all related
renewal documents.
PASSED AND ADOPTED by the City of Atlantic Beach, this 27th day of September,
2021.
El n Glasser, Mayor
Attest:
aart/ 1-4,
Approved as to form and correctness:
Donna L. Bartle, City Clerk
B enna . Dur.; , ity Attorney