City to settle State Auto claim for up to $25,000
If approved, the city would pay up to $25,000 from the general fund to settle a claim filed by Wilber & Associates on behalf of State Auto Company and UAB. The funds come from existing city accounts.
Item #24
Regular City Council Meeting
City renews excess workers' comp insurance with Midwest Employers, $332,702/year
Legal & Settlements
$332,702
, Orange tier ($250,000 to $1 million)
Covers claims above the city's self-insured retention limit for workplace injuries. Premium funds come from general budget and must be renewed annually to protect city from catastrophic injury costs.
Counterparty:
Midwest Employers Casualty Company
Funding source:
General Fund
Action type:
Resolution
passed
7–0