Resolution No. 22-70RESOLUTION NO. 22-70
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 2022-2023, AND
AUTHORIZING THE CITY MANAGER TO EXECUTE THE RELEVANT
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, Gallagher (formerly Harden and Associates),
received a satisfactory renewal proposal from PGIT; 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 27% increase ($154,562) 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$15,180);
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 document.
PASSED AND ADOPTED by the City of Atlantic Beach, this 26th day of September,
2022.
Ellen Glasser, Mayor
Attest:
Approved as to form and correctness:
tee,
Donna L. Bartle,City Clerk akIr
D.City Attorney