File #: 25-0394    Version: 1 Name:
Type: Resolution Status: Passed
File created: 3/13/2025 In control: City Council
On agenda: 4/29/2025 Final action: 4/29/2025
Title: Resolution authorizing the renewal of property insurance, including All Other Perils, Flood, Named Storm, Wind/Hail, Earth Movement, and Equipment Breakdown insurance, through Acrisure, Broker of Record, for the upcoming policy year (May 4, 2025-May 4, 2026), for an annual premium of $3,178,178.61.
Sponsors: Legal Department
Attachments: 1. Property Renewal Agenda Memo 2025-26 Final (FH Edits), 2. Property Renewal Resolution 2025.2026 Updated, 3. Historical Rate Chart v2, 4. 25-0394 - Renewal of Property Insurance; Property Insurance Survey 2025 All PEs

Title

Resolution authorizing the renewal of property insurance, including All Other Perils, Flood, Named Storm, Wind/Hail, Earth Movement, and Equipment Breakdown insurance, through Acrisure, Broker of Record, for the upcoming policy year (May 4, 2025-May 4, 2026), for an annual premium of $3,178,178.61.