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PAGE TWO <br />SUBJECT: CITY OF LOUISVILLE 2012 INSURANCE RENEWAL <br />DATE: JANUARY 17, 2012 <br />along with the capital project “rollover” amendment, and will be structured as follows: <br />Account Account CurrentProposedProposed <br />Number DescriptionBudget AdjustmentBudget <br />010-110-53805-01Insurance- General163,00025,550188,550 <br />051-110-53805-01Insurance- Water 107,00016,880123,880 <br />052-110-53805-01Insurance- Sewer 20,0003,20023,200 <br />290,00045,630335,630 <br />Including all funds and departments, the City appropriated a total of $126,650 for Workers <br />Compensation coverage and this adequately covers the 2012 premium amount of $118,151. <br />RECOMMENDATION: <br />Staff recommends that City Council approve the 2012 premiums as listed below: <br />Travelers (Property and Liability Coverage) $335,631 <br /> Pinnacol (Workers Compensation Coverage) $118,151 <br />ATTACHMENT(S): <br />1. Premium Summary <br />2. Premium Exposure Analysis <br />8 <br /> <br />