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6.3 Resolution 22-8051 Property Casualty InsuranceCITY OF SALINA REQUEST FOR CITY COMMISSION ACTION DATE TIME 06/13/2022 4:00 P.M. AGENDA SECTION NO: ITEM NO: 3 Page 1 ORIGINATING DEPARTMENT City Manager's Office BY: Nancy Schuessler FISCAL APPROVAL: BY: FINAL APPROVAL: BY: ITEM: Resolution No. 22-8051 11 " Authorizing the City Manager to enter into an agreement with Travelers for the renewal of the City's Comprehensive Property/Casualty Insurance Program. BACKGROUND: The City purchases property and casualty insurance to cover multiple exposures (e.g. buildings, equipment, general liability, etc.) A detailed list of the lines of coverage is provided in the attached Summary of Insurance. Shortly after the first of the year, we began work with the City's broker, Iron Insurance Partners, and insurance consultant, Charlesworth Consulting, to evaluate the insurance market and available carrier options. Since property/casualty insurance carriers almost exclusively utilize the agency/broker system to market and sell their policies, the City uses Iron Insurance Partners as our intermediary. Charlesworth Consulting is a contractual extension of City staff offering a wide range of resources, one of which is serving as an advisor during the renewal process. Both Iron Insurance Partners and Charlesworth Consulting are compensated through a Broker Fee Agreement and Consulting Services Agreement respectively. The annual term of the City's property/casualty insurance is due to expire June 30, 2022. We received early indications from our current insurance carrier, Travelers, that they intended an overall rate increase of 8%. This number was considered a strong indication since the market was currently showing 15-20% increases. At the May 2 study session, Iron Insurance Partners and Charlesworth Consulting spoke with the Commission regarding the state of the marketplace. The number of carriers able to provide coverage for a city our size has always been limited, but since the study session, a major carrier in the public entity space exited the marketplace. In addition, the City went out to market two out of the past three years, so the consensus of the Commission was to not go out to market and solicit bids from other carriers. Provided at the top of page 2, is a comparison of the expiring year's premium by line of coverage and how it compares to Travelers' 2022 proposal. Combining the 8% rate increase and changes in exposure, it reflects a premium increase of 12%. It should be noted the total premium to be paid is determined as insurance rate x exposure (e.g. budget, number of employees, value of equipment, autos, etc.). The premium increases we see are due to a combination of the rate and exposure changes. CITY OF SALINA REQUEST FOR CITY COMMISSION ACTION DATE TIME 06/13/2022 4:00 P.M. AGENDA SECTION ORIGINATING DEPARTMENT: FISCAL APPROVAL: NO: BY: ITEM City Manager's Office FINAL APPROVAL: NO: Page 2 BY: Nancy Schuessler BY: Risk Manaoer PREMIUM SUMMARY Line of Business Expiring Renewal Premium Carrier Travelers Travelers Change Commercial Property $250,487 $263,884 5% Inland Marine $23,048 $22,561 -2% General Liability $31,565 $32,228 2% Public Entity Management Liability $10,574 $12,890 22% Employment Practices Liability $26,273 $31,801 21% Law Enforcement Liability $35,552 $42,910 21% Commercial Auto $118,265 $134,385 14% Crime $3,029 $3,029 0% Cyber Liability $10,754 $23,055 114% Umbrella 1 $15,276 1 $20,281 1 33% Total $524,823 $587,024 12% Property/Inland Marine The premium increase is solely from a rate increase. Travelers is taking a 5% rate increase due to increased catastrophic claims across the insurance industry. General Liability The premium increased due to an exposure change (budget increase). There was no rate change. During renewal, Travelers is provided the City's budget and after they remove the capital expenditures, they use that number. Our budget this year is higher than last year, so a larger budget equals a larger exposure. Public Entity Management Liability The increased premium is due to increased exposure (budget increase) along with a rate increase. The litigious nature of society and increased claim payments across the country was the rationale for the rate increase, which impacted all the professional liability lines. Employment Practices Liability There is a decrease in exposure (a drop in the number of full-time employees), but Travelers is taking a 25% rate increase. The litigious nature of society and increased claim payments across the country was the rationale for the rate increase, which impacted all the professional liability lines. Law Enforcement The premium increase is due to a 3% exposure increase (the number of full-time officers increased since last year) as well as a 20% rate increase. The litigious nature of society and increased claim payments across the country was the rationale for the rate increase, which impacted all the professional liability lines. AGENDA SECTION NO: ITEM NO: Page 3 CITY OF SALINA REQUEST FOR CITY COMMISSION ACTION DATE TIME 06/13/2022 4:00 P.M. ORIGINATING DEPARTMENT: City Manager's Office BY: Nancy Schuessler FISCAL APPROVAL: BY: FINAL APPROVAL: BY: Auto The premium increase is due to a mixture of exposure increase, as well as a 10% rate increase. The deleted number of older units without full coverage compared to the newer units with full coverage fluctuates each year. The 10% rate increase is due to loss activity as well as current market conditions. Crime There is no change to rate or exposure. Cyber Liability This policy was unexpectedly non -renewed by our current carrier, HDI, as they are exiting the entire cyber marketplace. Since the City recently implemented additional controls, we were able to obtain a quote from Travelers. Unfortunately, it was at a much higher premium than the expiring term. Iron Insurance Partners did contact 8 additional cyber markets for quotes; all of which declined due to the volatility of the cyber market in the public sector space. The cost increase for this line of coverage is $12,301. Umbrella The premium increase is due to the increased premium on the underlying Law Enforcement Liability policy, along with a 15% rate increase. The litigious nature of society and increased claim payments across the country was the rationale for the rate increase, which impacted all the professional liability lines. Overall, the 8% rate increase for this year's renewal is below current market conditions. While coverage, conditions and costs are important, so are the services provided. We have been doing business with Travelers for over 20 years. In addition to their competitive pricing, we are pleased with their exceptional claims management and take advantage of their comprehensive online resources and partnerships they share with their clients. One of the most valuable assets the City takes advantage of is working with a Travelers Senior Regional Specialist in Risk Control. This person regularly performs site visits and assists with reducing potential risks. Travelers' continues to be the largest public entity insurance provider in the nation and has a large Kansas presence. Wind/Hail Deductible Buy Down The current property insurance includes a wind/hail deductible of 1 % per building, subject to a $50,000 per occurrence minimum. We requested Iron Insurance Partners to solicit quotes from other insurers to "buy down" that deductible to $100,000 per occurence. The 1 % deductible is based on the value of the affected building and contents and would apply to each building that sustains damage. Given the large insured values of some of the City's properties, a catastrophic storm that damages all or a significant portion of the City's buildings could have substantial financial implications. Included in the attached Summary of Insurance, there is an illustration that shows the wind/hail deductible by location. Two quote options are also included to buy down the deductible from 1 % per building to $100,000 per occurrence/per wind/hail event. CITY OF SALINA REQUEST FOR CITY COMMISSION ACTION DATE TIME 06/13/2022 4:00 P.M. AGENDA SECTION ORIGINATING DEPARTMENT: FISCAL APPROVAL: NO: BY: ITEM City Manager's Office FINAL APPROVAL: NO: Page 4 BY: Nancy essler BY: Risk Managanaa er WIND/HAIL DEDUCTIBLE BUY DOWN -00000009- 1% Wind/ Hail Deductible Property Description Deductible Buy Down (if all were Premium damaged) All City Property $1,800,047 $107,032 9 Buildings in Close Proximity to Each Other $670,181 $43,747 The City of Salina has processed 3 wind/hail claims with Travelers over the past 21 years. There is a 41h claim from a December 15, 2021 wind storm currently being processed with Travelers and FEMA, but the final costs have yet to be determined. For the purposes of considering the deductible buy down, a summary of the prior 3 incidents is provided, below. 2006 (2006-067) • 5 buildings damaged (Police/Municipal Pool/Stimmel Roofs/Museum) City paid $5,000 deductible expense Travelers paid just under $183,000 in damages If the claim would have occurred under the current deductible plan, the City would have paid the full amount of $188,000. The exposure in this event with the 1 % deductible would have been $188,069. 2008 (2008-120) • 9 buildings damaged — (Memorial Hall/General Services/Friendship Center/Health Department/FS#1/Museum/Community Theatre/Bi-Center/UT Wells) • City paid $10,000 deductible expense Travelers paid just over $76,000 in damages • If the claim would have occurred under the current deductible plan, the City would have paid the full amount of $86,000. The exposure in this event with the 1 % deductible would have been $408,056. 2011 (2011-208) • 3 buildings damaged (Memorial Hall/Station #34/Street Vehicle Barn) • City paid $10,000 deductible expense • Travelers paid just under $105,000 in damages If the claim would have occurred under the current deductible plan, the City would have paid the $50,000 minimum. As you can see, on only one occasion would there have been insurance coverage available involving these claims if we would have had our current I% deductible/$50,000 minimum structure. AGENDA SECTION NO: ITEM NO: Page 5 CITY OF SALINA REQUEST FOR CITY COMMISSION ACTION DATE TIME 06/13/2022 4:00 P.M. ORIGINATING DEPARTMENT: City Manager's Office BY: Nancy Schuessler FISCAL APPROVAL: BY: FINAL APPROVAL: M FISCAL NOTE: The insurance amount budgeted for 2022 property/casualty insurance is $603,870 and covers this year's base renewal, with $16,846 remaining. If the Commission wishes to buy down the wind/hail deductible, additional money will need to come from the General Fund (either $26,901 or $90,186). COMMISSION ACTION OR RECOMMENDED ACTION: Staff has identified the following options for the City Commission's consideration: 1.) Approve Resolution No. 22-8051, including the deductible buy down option covering all City buildings. 2.) Approve Resolution No. 22-8501, including the deductible buy down option covering the 9 buildings shown in red on the Summary of Insurance. 3.) Approve Resolution No. 22-8051, with no deductible buy down option. 4.) Approve Resolution No. 22-8051 with amendments as the City Commission deems appropriate. 5.) Vote to deny Resolution No. 22-8051 resulting in no property/casualty insurance protection for potential losses. Staff recommends Option #3, approve Resolution No. 22-8051. Attachment: Summary of Insurance CC: Iron Insurance Partners Charlesworth Consulting ti IRON INSURANCE All PARTNERS City of Salina Renewal Proposal 6/30/2022-6/30/2023 This presentation is designed to give you an overview of the insurance coverage. It is meant only as a general understanding of your insurance needs and should not be construed as a legal interpretation of the insurance policies that will be written for you. Please refer to your specific insurance contracts for details on coverages, conditions, and exclusions. City of Salina Summary of Insurance Commercial Property Carrier Buildings and Business Personal Property 6/30/2021-6/30/2022 Travelers Property Casualty Co of America Building & Business Personal Property Limit - All Locations $170,536,571 Traffic Controllers $9,468,117 Total Limit of All Buildings, BPP, Controllers $180,004,688 Blanket Building (Excludes Memorial Hall & Old PD Range) Yes Blanket Business Personal Property (Excludes Memorial Hall & Old PD Range) Yes Blanket Limit (Excludes Memorial Hall & Old PD Range) Agreed Amount Endorsement Coinsurance Cause of Loss Valuation Valuation - Old Shooting Range (All Buildings & BPP) Deductible - All Perils Deductible- Wind & Hail Earthquake Deductible - Earthquake Equipment Breakdown Equipment Breakdown Blanket Cause of Loss Valuation Business Income/Extra Expense Included Spoilage Ammonia Contamination/Hazardous Substance Electronic Data Processing Equipment Data & Media Separately Stored Duplicate Data Processing & Media Deductible $178,587,908 Yes Waived Special Form Replacement Cost Actual Cash Value $25,000 1% per Building/BPP; $50,000 Per Occurrence Minimum $10,000,000 $50,000 Included Yes Special Form Replacement Cost Yes $250,000 $250,000 Included in BPP $50,000 $50,000 $1,000 5/26/2022 6/30/2022-6/30/2023 Travelers Indemnity Company of CT $170,536,571 $9,468,117 $180,004,688 Yes Yes $178,587,908 Yes Waived Special Form Replacement Cost Actual Cash Value $25,000 1% per Building/BPP; $50,000 Per Occurrence Minimum $10,000,000 $50,000 Included Yes Special Form Replacement Cost Yes $250,000 $250,000 Included in BPP $50,000 $50,000 $1,000 Prepared by Iron Insurance Partners 2 City of Salina 5/26/2022 Statement of Values Description Address Building Limit BPP Limit Wind/Hail Deductible 001-001 Smoky Hill Museum 211 W. Iron Ave $ 10,035,395 $ 922,673 $ 109,581 002-002 Tony's Pizza Event Center 800 The Midway $ 20,116,280 $ 1,227,771 $ 213,441 002-003 Electronic Reader Board 800 The Midway $ 62,115 $ - $ 611 002-004 Storage/Athletic Bldg 800 The Midway $ 559,390 $ 29,861 $ 5,893 003-001 Illuminated/LED Sign Midway &Ohio Street $ 218,484 $ 2,185 003-005 Crosswalk Cover 100 Block of N. Santa Fe $ 90,458 $ - $ 90S 004-006 Crosswalk Cover 100 Block of South Santa Fe $ 108,550 $ - $ 1,086 004-007Stage/Roof in Arcade 100 Block S. Santa Fe $ 75,493 $ - $ 755 005-008 Crosswalk Cover 200 Block of South Santa Fe $ 90,458 $ - $ 905 006-009 City -County building 300 W. Ash $ - $ 445,713 $ 4,457 007-010 Salina Community Theater 303 E. Iron Avenue $ 4,103,471 $ - $ 41,035 007-011 Community Outlook Bldg 303 E. Iron Avenue $ 11,820 $ - $ 118 008-012 Animal shelter including fencing$ 329 N. Second $ 1,194,171 $ 382,652 $ 15,768 009-013 Fire Station#2 1110 S. Santa Fe $ 1,594,045 $ 125,412 $ 17,195 010-014 Fire Station#1 222 W. Elm $ 3,847,103 $ 555,395 $ 44,025 010-015 Fire Training Tower 222 W. Elm $ 243,995 $ 11,944 $ 2,559 011-016 Fire Station#3 2633 Belmont $ 2,413,143 $ 358,319 $ 27,715 012-017 Fire Station#4 669 Briarcliff $ 582,621 $ 185,132 $ 7,678 013-018 Fuel Pumps/Controls/Canopy 315 E. Elm $ 27,016 $ - $ 270 013-019 Household Hazardous Waste Bldg 315 E. Elm $ 23,518 $ - $ 235 013-020 Household Haz Waste Office 315 E. Elm $ 37,751 $ 16,721 $ 545 014-021 Broom Storage 410 E. Ash St. $ 13,870 $ 4,778 $ 186 014-022 Water Pump House #3 410 E. Ash St. $ 30,274 $ 17,916 $ 482 015-023 Utility Bldg 412 E. Ash St. $ 749,476 $ 86,594 $ 8,361 016-024 Fence 412-420 E. Ash St. $ 5,118 $ - $ 51 017-025 Central Garage/Sanitation 418 E. Ash St. $ 2,194,486 $ 59,720 $ 22,542 018-026 Wood Fence 418-422 E. Ash St. $ 6,398 $ - $ 64 019-027 Bldg Maintenance 420 E. Ash St. $ 50,897 $ 15,528 $ 664 019-028 Salt Storage Shed 420 E. Ash St. $ 135,688 $ 10,750 $ 1,464 020-029 Storage Bldg 422 E. Ash St. $ 96,609 $ 38,221 $ 1,348 021-030 Flood Pump Bldg (3 Pumps) Between North St. & Iron $ 32,444 $ 128,995 $ 1,614 022-031 Flood Pump Bldg (2 Pumps) N. Euclid/W of Thomas Park $ 25,329 $ 71,664 $ 970 024-036 Police Administration Bldg 255N 10th St. $ 6,979,501 $ 477,760 $ 74,573 025-037 Restroom Bldg 100 Block S. Fifth St. $ 32,444 $ - $ 324 025-038 Restroom Bldg 100 Block S. Seventh $ 21,589 $ - $ 216 027-039 Dean Evans Stadium 1201 Markley Rd. $ 508,616 $ 3,585 $ 5,122 027-040 Scoreboards/Signs 1201 Markley Rd. $ 38,388 $ - $ 384 027-041 Restroom/Concession 1201 Markley Rd. $ 59,462 $ 5,972 $ 654 028-042 Lakewood Lodge 1323 E. Iron $ 763,671 $ 17,916 $ 7,816 028-043Shelter House#7 1323 E. Iron $ 6,754 $ - $ 68 028-044 Shelter House#1(South Side) 1323 E. Iron $ 40,284 $ - $ 403 028-045 Restroom Building 1323 E. Iron $ 29,309 $ 81958 $ 383 028-046 Restroom Building South Side 1323 E. Iron $ 43,179 $ - $ 432 028-047 Shelter House#2 1323 E. Iron $ 6,754 $ - $ 68 028-048 Shelter House#3 1323 E. Iron $ 6,754 $ - $ 68 028-049 Shelter House#4 1323 E. Iron $ 6,754 $ - $ 68 028-050 Shelter House#5 1323 E. Iron $ 6,754 $ - $ 68 028-051 Shelter House#6 1323 E. Iron $ 6,754 $ - $ 68 028-052 Shelter House#8 1323 E. Iron $ 6,754 $ - $ 68 028-053 Shelter House#9 1323 E. Iron $ 6,754 $ - $ 68 028-054 Shelter House#10 1323 E. Iron $ 6,754 $ - $ 68 028-055 Shelter House#11 1323 E. Iron $ 6,754 $ - $ 68 028-056 Shelter House#12 1323 E. Iron $ 6,754 $ - $ 68 028-057 Shelter House#13 1323 E. Iron $ 6,754 $ - $ 68 029-058 Arcade 139 N. Santa Fe $ 90,458 $ - $ 905 030-059 Restroom Bldg 145 N. 5th $ 32,444 $ - $ 324 031-060 Shelter House 1500 E. Gypsum Ave. $ 90,699 $ 4,778 $ 955 031-061 Shelter House/Restroom 1500 E. Gypsum Ave. $ 26,534 $ - $ 265 032-062 Concession/Storage 1501 E. Crawford $ 29,791 $ 16,721 $ 465 032-063 Restroom South Side 1501 E. Cmwford $ 47,521 $ - $ 475 032-064 Bill Burke Storage Facility 1501 E. Crawford $ 62,234 $ 23,888 $ 861 032-065 Backstops/Bleachers 1501 E. Crawford $ 76,773 $ - $ 768 032-066 Shelter House#1 1501 E. Crawford $ 41,973 $ - $ 420 032-067 Shelter House #2 1501 E. Crawford $ 41,973 $ - $ 420 Prepared by Iron Insurance Partners City of 5alino 5/16/2022 Statement of Values Description Address Building Limit RPP Limit Wind/Nail Deductible 033-068 KIVA Building 1601 N. 9th $ 72,970 $ 2,389 $ 754 033-069 Old Shelter House 1601 N. 9th $ 16,162 $ - $ 161 033-070 Restroom Bldg 1601 N. 9th $ 25,811 $ - $ 258 033-071 Shelter House 1601 N. 9th $ 19,419 $ - $ 194 033-072 Maintenance Bldg 1601 N. 9th $ 19,178 $ 11,944 $ 311 034-073 Storage/Repair Bldg 1750 N.Sth S 265,103 $ 21,530 $ 2,866 035-074 Arcade (east side/downtown) 200 S. Sante Fe $ 36,183 $ - $ 362 036-075 Restroom 200 S.Santa Fe. $ 21,589 $ - $ 216 036-076 Pergolas in Arcade 2005. Santa Fe $ 33,770 $ - $ 338 037-077 Office/ Vehicle Storage 2020 E. Iron Ave. $ 48,606 $ 9,556 $ SS2 037-078 Hillcrest Mausoleum 2020 E. Iron Ave. $ 558,335 $ - $ 5,583 037-079 Sexton's Garage 2020 E. Iron Ave. $ 11,820 $ 4,299 $ 161 038-080Shelter #2 South 2465 Edward St. $ 45,832 $ - $ 458 038-081 Gazebo 2465 Edward St. $ 21,710 $ - $ 217 038-082 Restroom Bldg 2465 Edward St. $ 29,309 $ - $ 193 038-083 Restroom Bldg 2465 Edward St. $ 36,786 $ - $ 368 038-084 Shelter House 2465 Edward St. $ 34,977 $ - $ 350 038-085 Small Frame Shelter 2465 Edward St. $ 8,564 $ - $ 86 038-086 Small Frame Shelter 2465 Edward St. $ 8,564 $ - $ 86 038-087 Small Frame Shelter 2465 Edward St. $ 8,564 $ - $ 86 038-088 Small Frame Shelter 2465 Edward St. S 8,564 $ - $ 86 038-089 Storage Bldg 2465 Edward St. $ 12,543 $ 11,944 $ 245 039-090 Club House 2500 E. Crawford $ 867,447 $ 143,321 $ 10,108 039-091 Pump/Maintenance Bldg 2500 E. Crawford $ 70,798 $ 119,440 $ 1,902 039-092 Cart Storage 2500 E. Crawford $ 141,597 $ 77,635 $ 2,192 039-093 Pump House 2500 E. Crawford S 45,952 $ 71,664 $ 1,176 039-094 West Cart Storage 2500 E. Crawford $ 121,576 $ 154,077 $ 1,757 039-095 Wells/Pumps 2500 E. Crawford $ 62,697 S - $ 617 039-096 Fence 2500 E. Crawford S 6,398 $ - $ 64 039-097 Gas Tank 2500 E. Crawford $ 1,280 $ - $ 13 039-098 Restroom Bldg 2500 E. Crawford $ 28,586 $ - $ 186 039-099 Restroom Bldg 2500 E. Crawford $ 28,586 $ - $ 286 040-100 Carver Center Bldg 315 N. 2nd S 257,022 $ 8,958 $ 2,660 041-101 Loafing Shed 3rd & Elm S 138,703 $ 71,664 $ 2,104 042-102 Gazebo 700 W. Sunset Dr. $ 40,043 $ - $ 400 042-103 Old shelter House 700 W. Sunset Dr. $ 5,910 $ - $ 59 042-104 Old Shelter House Southwest 700 W. Sunset Dr. $ 51910 $ - $ 59 042-105 Restroom (NW) 700 W. Sunset Dr. $ 24,243 $ - $ 242 042-106 Restroom (SE) 700 W. Sunset Dr. $ 24,243 $ - $ 141 042-107 Restroom (SW) 700 W. Sunset Dr. $ 24,243 $ - $ 242 042-108 Shelter House#1 700 W. Sunset Dr. $ 30,876 $ - $ 309 042-109 Shelter House #2 700 W. Sunset Dr. $ 14,956 $ - $ 150 042-110 Storage Building - South End 700 W. Sunset Dr. $ 63,080 $ 29,861 $ 929 043-111 Storage/Greenhouse 730 Oakdale Park $ 411,163 $ 149,300 $ 5,605 043-112 Office Storage 730 Oakdale Park $ 377,512 $ 89,580 $ 4,671 043-113 Oakdale Park Stage 730 Oakdale Park $ 276,440 $ 17,916 $ 2,944 043-114 Gazebo (small north entrance) 730 Oakdale Park $ 5,187 $ - $ 52 043-115 Old Shelter House#1 730 Oakdale Park $ 51910 $ - $ 59 043-116 Restroom Bldg (NW) 730 Oakdale Park $ 23,399 $ - $ 234 043-117 Restroom Bldg (Oakdale) 730 Oakdale Park $ 29,187 $ - $ 191 043-118 Restroom/Storage 730 Oakdale Park $ 94,800 $ 9,556 $ 1,044 043-119 Shelter House#2 730 Oakdale Park $ 51910 $ - $ 59 043-120 Shelter House 730 Oakdale Park $ 14,956 S - $ 150 043-121 Shelter House 730 Oakdale Park S 14,956 $ - $ 150 043-122 Shelter House 730 Oakdale Park S 25,811 $ - $ 258 044-123 Friendship Center 746 Commanche $ 1,077,701 $ 11,944 $ 10,896 044-124 Restroom Building 746 Commanche S 26,052 $ - $ 261 045425 Municipal Pool Pump House 821 Kenwood Park $ 84,548 $ 8,958 $ 935 045-126 Municipal Pool Bath House 821 Kenwood Park 5 782,445 $ 5,972 $ 7,884 045-127 Municipal Pool Concession Stand 821 Kenwood Park $ 30,032 $ 7,167 $ 371 045-128 Restroom Bldg 821 Kenwood Park $ 24,243 S - $ 141 045-129 Shelter House #1 821 Kenwood Park $ 30,876 $ - $ 309 045-130 Shelter House#2 821 Kenwood Park S 42,937 $ - $ 429 046-131 Concession/Restroom/Maintenance 841 Markley Rd. $ 133,034 $ 11,944 $ 1,450 Prepared by Iron Insurance Partners City of Salina 5/26/2022 Statement of Values Description Address Building Limit BPP Limit Wind/Hoff Deductible D46-132 Huntco Storage Bldg 841 Markley Rd. $ 22,676 $ 21,499 $ 441 046-133 Bleachers/Fence/Playground Equipment 841 Markley Rd. $ 70,376 $ - $ 704 D46-134 Morton Storage Bldg 841 Markley Rd. $ 17,006 $ 26,277 $ 433 046-135 Shelter Facility/Restrooms 841 Markley Rd. $ 45,471 $ 1,194 $ 467 047-136 Shelter House 903 Faith $ 24,122 $ - $ 241 047-137 Restroom Bldg 901 Faith $ 21,589 $ - $ 216 048-138 Shelter/Restroom 925 Markley $ 45,471 $ - $ 455 049-139 Light Poles and light fixtures All Park Facilities $ 569,342 $ - $ 5,693 050-140 Safety Net Fence Markley Rd. $ 6,211 $ - $ 61 051-141 Wastewater Pump Station#47 3020 Somerset $ 30,394 $ 5,972 $ 364 052-142 Wastewater Pump Station#13 1025 W. Crawford $ 14,232 $ 41,804 $ 560 053-143 Pump House #SI 1110 E. Waterwell Road $ 29,309 $ - $ 193 054-144 Schilling Water Plant 1126 E. Waterwell Road $ 533,462 $ 29,861 $ 5,633 054-145 Schilling Aeration Tower 1126 E. Waterwell Road $ 16,282 $ - $ 163 054-146 Schilling Flocator Basin 1126 E. Waterwell Road $ 227,713 $ - $ 1,277 054-147 Schilling Water Plant Digester 1126 E. Waterwell Road $ 45,832 $ - $ 458 055-148 Wastewater Pump Station#2 1200 E. Ash $ 70,798 $ 71,664 $ 1,425 056-149 Well Bldg #14 125 S. Penn $ 33,047 $ - $ 330 057-150 Wastewater Pump Station #46 1300 W. Schilling $ 9,167 $ 5,972 $ 151 058-151 Wastewater Pump Station #19 1410 E. Crawford $ 21,469 $ 71,664 $ 931 059-152 Wastewater Pump Station #54 1520 W. Crawford $ 5,065 $ 5,972 $ 110 060-153 Wastewater Pump Station#B 1532 E. Magnolia $ 138,461 $ 101,524 $ 2,400 061-154 Pump House #S-2 1642 E. Waterwell Road $ 51,982 $ - $ 510 062-155 Gypsum Hill WaterTower 1825 Glen $ 658,295 $ - $ 6,583 063-156 Markley Water Tower 1901 Markley $ 658,295 $ - $ 6,583 D64-157 Well Bldg#13 212 S. 2nd. $ 38,113 $ - $ 381 065-158 Well Bldg#7 2245. Kansas $ 33,047 $ - $ 330 066-159 Well Bldg#15 225 N. Oakdale $ 38,113 $ - $ 381 067-160 Wastewater Pump Station#33 2250 Scanlan $ 20,384 $ 5,972 $ 264 068-161 Wastewater Pump Station#57 2350 E. Magnolia $ 5,065 $ 11,944 $ 170 069-162 Key Acres Water Tower 2404 Belmont $ 658,295 $ - $ 6,583 07D-163 Wastewater Pump Station#34 25005canlan $ 17,006 $ 5,972 $ 130 071-164 Wastewater Pump Station#C 2545 E. North St. $ 138,461 $ 101,524 $ 2,400 072-165 Gold Water Tower 257 Gold Road $ 658,295 $ - $ 6,583 073-166 Wastewater Pump Station #56 2620 Quail Hollow $ 5,065 $ 5,972 $ 110 074-167 Wastewater Pump Station#A 2655 Centennial $ 132,551 $ 101,524 $ 2,341 075-168 Wastewater Pump Station#58 30005.9th $ 9,167 $ 11,944 $ 111 076-169 Water Distribution Warehouse 319 E. Elm $ 758,562 $ 119,440 $ 8,780 077-170 Well Building #5 322 E. Bond $ 38,113 $ - $ 381 078-171 Schilling Water Tower 3340 Centennial $ 658,295 $ - $ 6,583 079-172 Pump House#S-5 3567 S. Ohio $ 31,117 $ - $ 311 080-173 Administration Building 401 S. 5th $ 837,218 $ 8,599,673 $ 94,369 080-174 WaterTreatment Plant -Chemical Bldg 401 S. Sth $ 1,171,735 $ - $ 11,717 080.175 Water Treatment Plant -Chlorine Storage Building 401 S. 5th $ 254,609 $ - $ 2,546 080-176 Water Treatment Plant -Control Station#1 401 S. Sth $ 36,786 $ - $ 368 080-177 WaterTreatment Plant -Control Station#2 401 S. 5th $ 52,467 $ - $ 525 080-178 WaterTreatment Plant -Desilting Basin 401 S. 5th $ 1,734,144 $ - $ 17,341 080-179 Water Treatment Plant -Filter Bldg 401 S. 5th $ 2,022,524 $ - $ 10,225 080-180 WaterTreatment Plant -High Service Pump Station 401 S. 5th $ 495,952 $ - $ 4,960 080-181 WaterTreatment Plant -High Speed Pump Station#8 401 S. 5th $ 51,621 $ - $ 516 080-182 WaterTreatment Plant -Holding Tank 401 S. 5th $ 153,055 $ - $ 1,531 080-183 Water Treatment Plant -Secondary Clarifier#1 401 S. 5th $ 667,943 $ - $ 6,679 080-184 WaterTreatment Plant -Secondary Clarifier#2 4015.5th $ 667,943 $ - $ 6,679 080-185 WaterTreatment Plant -Sludge Holding Tank 401 S. Sth $ 425,274 $ - $ 4,253 080-186 WaterTreatment Plant -Sludge Pump Station#3 401 S. Sth $ 57,651 $ - $ 577 080-187 Water Treatment Plant -Sludge Pump Station#4 401 S. 5th $ 135,085 $ - $ 1,351 080-188 WaterTreatment Plant -Softening Basin#1 401 S. 5th $ 612,342 $ - $ 6,123 080-389 WaterTreatment Plant -Softening Basin#2 401 S. 5th $ 682,899 $ - $ 6,829 081-190 Well Bldg#3 419 S. 5th $ 28,464 $ - $ 285 082-191 Storage Bldg 4292 S. Burma $ 109,756 $ 50,164 $ 1,599 082-192 Landfill Maintenance Bldg 4292 S. Burma $ 141,597 $ 40,610 $ 1,822 082-193 Landfill Equipment Storage Bldg 4292 S. Burma $ 135,085 $ 3,583 $ 1,387 082-194 Landfill Leachate Pump Station 4292 S. Burma $ 34,495 $ 20,304 $ 548 082-195 Administration Bldg 4292 S. Burma $ 136,289 $ 29,861 $ 1,662 Prepared by Iron Insurance Partners City of Salina Statement of Values Description Address Building Limit BPP Limit 082-196 Landfill Fee/Office 4292 S. Burma 5 20,623 082-197 Equipment Storage Bldg 4292 S. Burma $ 24,725 083-198 Burma Water Tower 4601 W. Waterwell Rd. $ 403,444 084-199 Water Booster Station 461 Indiana $ 24,363 085-200 Wastewater Station #1 500 E. Ash St. $ 21,469 086-201 Wyatt Water Tower 505 N. Fifth St $ 1,184,881 087-202 Well Bldg #1 525 S. 4th $ 38,113 088-203 Waste Water Treatment Plant - Building #1 596 North Marymount $ 134,602 088-204 Waste Water Treatment Plant - Building #2 596 North Marymount $ 58,014 088-205 Waste Water Treatment Plant - Building #3 596 North Marymount $ 131,225 088-206 Waste Water Treatment Plant - Building #4 596 North Marymount $ 131,225 088-207 Waste Water Treatment Plant- Building #5 596 North Marymount $ 340,002 088-208 Waste Water Treatment Plant- Building #6 596 North Marymount $ 92,509 088-209 Waste Water Treatment Plant -Building#7 596 North Marymount $ 159,810 088-210 Waste Water Treatment Plant -Building#8 596 North Marymount $ 636,945 088-211 Waste Water Treatment Plant -Building#9 596 North Marymount $ 866,589 088-212 Waste Water Treatment Plant -Building#10 596 North Marymount $ 458,925 088-213 Waste Water Treatment Plant -Building#31 596 North Marymount $ 183,208 088-214 Waste Water Treatment Plant -Building#12 596 North Marymount $ 381,734 088-215 Waste Water Treatment Plant -Building#13 596 North Marymount $ 95,765 088-216 Waste Water Treatment Plant -Building#14 596 North Marymount $ 153,176 088-217 Waste Water Treatment Plant - Building #15 596 North Marymount $ 212,878 088-218 Waste Water Treatment Plant - Building #1681ter Press? 596 North Marymount $ 572,300 088-219 Primary Digester#1 596 North Marymount $ 231,574 088-220 Primary Digester#2 596 North Marymount $ 231,574 088-221 Primary Digester#3 596 North Marymount $ 231,574 088-222 Primary Digester#4 596 North Marymount $ 231,574 098-223 Secondary Digester#1 596 North Marymount $ 277,888 088-224 Secondary Digester#2 596 North Marymount $ 283,918 088-225 Primary Clarifier#1 596 North Marymount $ 348,444 088-226 Primary Clarifier#2 596 North Marymount $ 348,444 088-227 Primary Clarifier#3 596 North Marymount $ 527,913 088-228 Primary Clarifier#4 596 North Marymount $ 527,913 089-229 Intermediate Clarifier#1 596 North Marymount $ 1,351,083 O88-230 Intermediate Clarifier#2 596 North Marymount $ 1,351,083 088-231 Intermediate Clarifier#3 596 North Marymount $ 961,871 088-232 Intermediate Clarifier#4 596 North Marymount $ 961,871 098-233 Final Clarifier#1 596 North Marymount $ 527,913 088-234 Final Clarifier#2 596 North Marymount $ 527,913 088-235 Final Clarifier#3 596 North Marymount $ 527,913 088-236 First Stage High Rate Filter#1 596 North Marymount $ 628,504 088-237 First Stage High Rate Filter#2 596 North Marymount $ 628,504 088-238 First Stage High Rate Filter#3 596 North Marymount $ 666,736 088-239 First Stage High Rate Fiber#4 596 North Marymount $ 666,736 088-240 Aeration Basins #143 596 North Marymount $ 1,987,306 088-241 Screw Pump Station 596 North Marymount $ 307,558 DBS -242 Basin Drain Pump Station 596 North Marymount $ 20,987 088-243 Substation#1 596 North Marymount $ 51,018 088-244 Substation#2 596 North Marymount $ 51,018 098-245 Ras Meter Pit 596 North Marymount $ 14,473 088-246 Effluent Meter Pit 596 North Marymount $ 7,478 088-247 Reaeration Basin 596 North Marymount 5 88,167 088-248 Control Structure #1 596 North Marymount 5 33,168 088-249 Control Structure #2 596 North Marymount $ 35,338 088-250 Control Structure#3 596 North Marymount $ 34,977 088-251 Control Structure #4 596 North Marymount $ 16,644 088-252 Control Structure #5 596 North Marymount $ 24,484 098-253 Control Structure #6 596 North Marymount $ 15,679 088-254 Control Structure#7 596 North Marymount $ 13,991 088-255 Control Structure #8 596 North Marymount $ 18,574 088-256 Junction Boz #1 596 North Marymount $ 12,543 088-257 Junction Box #2 596 North Marymount $ 5,187 088-258 Junction Box#3 596 North Marymount $ 15,317 088-259 Junction Box#4 596 North Marymount $ 10,371 Prepared by Iron Insurance Partners 9,196 5,972 71,664 8,957,993 5/26/2022 WhidlNall Deductible $ 198 $ 247 $ 4,034 $ 303 $ 931 $ 11,849 $ 381 $ 90,926 $ 580 $ 1,311 $ 1,312 $ 3,400 $ 915 $ 1,598 $ 6,369 $ 8,666 $ 4,589 $ 1,832 $ 3,817 $ 958 $ 1,532 $ 1,119 $ 5,723 $ 1,316 $ 1,316 $ 2,316 $ 2,316 $ 2,779 $ 1,839 $ 3,484 $ 3,484 $ 5,279 $ 5,179 $ 13,511 $ 13,511 $ 9,619 $ 9,619 $ 5,279 $ 5,279 $ 5,279 $ 6,185 $ 6,285 $ 6,667 $ 6,667 $ 19,873 $ 3,076 $ 110 $ 510 $ 510 $ 145 $ 75 $ 882 $ 332 $ 353 $ 350 $ 166 $ 245 $ 157 $ 140 $ 186 $ 125 $ 52 $ 153 $ 104 City of Salina Statement of Values 517612022 Description Address Building Limit BPP Limit Wind/Hail Deductible 088-260 Junction Box#5 596 North Marymount $ 13,509 $ - $ 135 088-261 Junction Box#6 596 North Marymount $ 7,478 $ - $ 75 088-262 Junction Box#7 596 North Marymount $ 8,202 $ - $ 81 088-263 Junction Box #8 596 North Marymount $ 7,357 $ - $ 74 088-264 Meter Vault #1 596 North Marymount $ 10,734 $ - $ 107 088-265 Meter Vault #2 596 North Marymount $ 10,734 $ - $ 107 088-266 Meter Vault#3 596 North Marymount $ 10,734 $ - $ 107 088-267 Meter Vault#4 596 North Marymount $ 10,734 $ - $ 107 088-268 Meter Vault#5 596 North Marymount $ 10,734 $ - $ 107 088-269 Meter Vault#6 596 North Marymount $ 10,734 $ - $ 107 088-270 Meter Vault#7 596 North Marymount $ 10,734 $ - $ 107 088-271 Meter Vault#8 596 North Marymount $ 10,734 $ - $ 107 088-281 Meter Vault#9 596 North Marymount $ 10,734 $ - $ 107 088-272 Meter Vault #10 596 North Marymount $ 10,734 $ - $ 107 088-273 Meter Vault#11 596 North Marymount $ 10,734 $ - $ 107 088-274 Meter Vault#12 596 North Marymount $ 10,734 $ - $ 107 088-275 Meter Vault#13 596 North Marymount $ 10,734 $ - $ 107 088-276 Meter Vault#14 596 North Marymount $ 10,734 $ - $ 107 088-277 Meter Vault#IS 596 North Marymount $ 10,734 $ - $ 107 088-278 Meter Vault#16 596 North Marymount $ 10,734 $ - $ 107 088-279 Meter Vault #17 596 North Marymount $ 10,734 $ - $ 107 088-280 Loafing shed at Wastewater plant Project02-1350 596 North Marymount $ 36,296 $ - $ 363 089-282 Wastewater Pump Station #35 601 Waterwell Rd. $ 9,167 $ 11,944 $ 111 090-283 Well Building#12 612A E. Iron $ 33,047 $ - $ 330 091-284 Well Bldg#11 620 E. Ash $ 33,047 $ - $ 330 092-285 Well bldg#10 625 Oakdale Drive $ 38,113 $ - $ 381 092-286 Well Bldg #8 625 Oakdale Drive $ 38,113 S - $ 381 093-287 Wastewater Pump Station#3 630 S. Ohio $ 9,167 $ 41,804 $ 510 094-288 Well Bldg #4 689 S. 3rd $ 38,113 $ - $ 381 095-289 Well Bldg #16 810 Riverside $ 33,047 $ - $ 330 095-290 Wastewater Pump Station#12 810 Riverside $ 9,167 $ 5,972 $ 151 096-291 Sunset Water Tower 900 W. Jewell $ 658,295 $ - $ 6,583 097-292 Well Bldg#6 Kenwood PK/W Athletic Field $ 38,113 $ - $ 381 098-293 Well Bldg #2 S. of 4-H Building $ 38,113 $ - $ 381 099-294 Pump Station#51 1516 S Marymount Rd $ 60,304 $ 42,905 $ 1,031 102-297 Kenwood Cove 701 Kenwood Park Or. $ 5,998,085 $ - $ 59,981 104-229 Salina Fieldhouse 140 North 5th $ 7,031,880 $ 697,068 $ 77,289 105-3300 Police Department Training Facility 3770 Yost Drive $ 5,102,175 $ 269,233 $ 53,714 106-301 South Water Treatment Plant -Filter Building 1150 W. Water Well Rd $ 4,985,101 $ - $ 49,851 106-302 South Water Treatment Plant- Chemical Feed Building 1150 W. Water Well Rd $ 4,470,555 $ - $ 44,706 106-303 South Water Treatment Plant - High Service Pump Station 1150 W. Water Well Rd $ 2,145,602 $ - $ 21,456 106-304 South Water Treatment Plant- Softening Basins/Splitter Box 1150 W. Water Well Rd $ 1,641,816 $ - $ 16,418 106-305 South Water Treatment Plant - Washwater Basin 1150 W. Water Well Rd 5 463,241 $ - $ 4,632 106-306 South Water Treatment Plant- Transfer Pump Station 1150 W. Water Well Rd $ 606,242 $ - $ 6,061 106-306 South Water Treatment Plant - Clearwell 1150 W. Water Well Rd $ 1,968,202 $ - $ 19,682 106-306 South Water Treatment Plant - Lime Silo 1150 W. Water Well Rd $ 675,106 $ - $ 6,751 106-306 South Water Treatment Plant - Soda Ash Silo 1150 W. Water Well Rd $ 561,010 $ - $ 5,610 107-307 Off -Site Well 102 1642 E. Waterwell Road $ 631,574 $ - $ 6,316 108-308 Off -Site Well 103 2167 E. Waterwell Road $ 631,574 $ - $ 6,316 109-309 Off -Site Well 104 2252 E. Waterwell Road $ 631,574 $ - $ 6,316 110-310 Off -Site Well 105 3567 S. Ohio $ 631,574 $ - $ 6,316 111-314 Drive Thru Recycling Center 125 W. North St $ 500,000 $ 80,000 $ 5,800 Traffic Controllers & Signals $ 9,468,117 $ - $ 94,681 Blanket Limits S 152,596,311 $ 25,991,597 $ 1,785,879 Deductible for 9 Buildings $ 670,181 100-295 Memorial Hall (Not Included in Blanket Limits for Travelers) 410 W. Ash $ 1,168,997 $ 17,565 $ 11,866 023-032 PD Training Bldg 1960 Old. Hwy 40 $ 170,181 $ 17,916 $ 1,881 023-033 Shooting Range Observation Bldg 1960 Old. Hwy 40 $ 12,062 $ 3,583 $ 155 023-034 Fence - Former PD Shooting Range 1960 Old. Hwy 40 $ 6,398 $ - $ 64 023-035 Shooting Range Storage Bldg 1960 Old. Hwy 40 $ 18,602 $ 1,476 $ 201 Non Blanket Limits $ 1,376,240 $ 40,540 $ 14,168 Prepared by Iron Insurance Partners City of Salina Summary of Insurance Business Income & Extra Expense Business Income & Extra Expense Limit Blanket Coinsurance Cause of Loss Valuation Ordinary Payroll Included Deductible Terrorism Property Rate Annual Premium $1,100,000 Yes Waived Special Form Actual Loss Sustained Yes 72 Hours Included $0.138 $250,487 5/26/2022 $1,100,000 Yes Waived Special Form Actual Loss Sustained Yes 72 Hours Included $0.146 $263,884 Policy Term 6/30/2021-6/30/2022 6/30/2022-6/30/2023 Carrier Travelers Property Travelers Indemnity Casualty Co of America Company of CT Contractors Equipment Scheduled Limit Unscheduled Misc. Limit ($50,000 max per item) Rented/Leased Equipment Deductible - All Perils except Flood Flood Deductible Portable Equipment (Fire/Police Mobile Equipment) Commercial Articles Deductible - All Perils Fine Arts Fine Arts - Maximum per Item Deductible - All Perils Cause of Loss Coinsurance Valuation Terrorism Annual Premium $4,518,512 $250,000 $250,000 $2,500 $50,000 $259,186 Inc. with Portable $1,000 $230,000 Scheduled Limit $500 Special Form 80% Actual Cash Value Included $23,048 S4,670,406 $250,000 $250,000 $2,500 $50,000 $259,186 Inc. with Portable $1,000 $230,000 Scheduled Limit $500 Special Form 80 Actual Cash Value Included $22,561 Prepared by Iron Insurance Partners 8 City of sauna Summary of Insurance Policy Term Carrier Limits of Liability Coverage Form General Aggregate Products/Completed Operations Aggregate Bodily Injury, Property Damage Each Occurrence Limit Personal/Advertising Injury Limit Fire Legal Liability Medical Expense per person/accident Deductible Deductible Amount (Applies to Loss Only) Additional Coverages Sewer Backup (Negligent acts only) Herbicide or Pesticide Endorsement Failure to Supply Abuse or Molestation Deductible Coverage for Levee System Liquor Liability* *Covered Locations: TPEC; Golf Course Morticians/Cemetery Liability Kansas Statutory Tort Claims Cap Employee Benefit Liability Coverage Form Aggregate Limit Each Wrongful Act Limit Deductible Type Deductible Amount (Applies to Loss Only) Retroactive Date Terrorism Total Maximum Deductible* *Applies to GL, EBL, Liquor, Auto Liability, LEL, LIM/OIM & PEML Annual Premium The Travelers Indemnity The Travelers Indemnity Company Company Occurrence $2,000,000 $2,000,000 $1,000,000 $1,000,000 $500,000 Excluded Per Claim $50,000 $500,000 Included $500,000 $250,000 $50,000 Included $500,000 Included $500,000 Claims Made $3,000,000 $1,000,000 Each Employee $50,000 None Included $150,000 Occurrence $2,000,000 $2,000,000 $1,000,000 $1,000,000 $500,000 Excluded Per Claim $50,000 $500,000 Included $500,000 $250,000 $50,000 Included $500,000 Included $500,000 Claims Made $3,000,000 $1,000,000 Each Employee $50,000 None Included $150,000 $32,228 Prepared by Iron Insurance Partners 9 City of Safina Summary of Insurance Polity Term Carrier Limits of Liability Coverage Form Aggregate Limit Each Wrongful Act Limit Workplace Violence Expenses Limit Deductible Type Deductible Amount (Applies to Damages & Defense) Retroactive Date Defense Cost within Limit Duty To Defend Punitive Damages Employees & Volunteers as Insured's Board Members, Elected or Appointed Officials Pay on Behalf Terrorism Annual Premium Policy Term Carrier Limits of Liability Coverage Form Aggregate Limit Each Wrongful Act Limit Deductible Type Deductible Amount (Applies to Damages & Defense) Retroactive Date Total Maximum Deductible* *Applies to GL, EBL, Liquor, Auto Liability, LEL, UM/UIM & PEML Duty To Defend Punitive Damages Employees as Insured's Volunteers as Insured's Board Members, Elected or Appointed Officials Defense Cost within Limit Terrorism Annual Premium 6/30/2021-6/30/2022 The Travelers Indemnity Company Claims Made $2,000,000 $1,000,000 $250,000 Each Wrongful Act $25,000 1/1/1986 Yes Included Where allowed by law Included Included Included Included $26,273 The Travelers Indemnity Company Claims Made $2,000,000 $1,000,000 Each Wrongful Act $50,000 1/1/1986 $150,000 Included Where allowed bylaw Included Included Included Outside the Limit Included $10,574 5/26/2022 6/30/2022-6/30/2023 The Travelers Indemnity Company Claims Made $2,000,000 $1,000,000 $250,000 Each Wrongful Act $25,000 1/1/1986 Yes Included Where allowed by law Included Included Included Included $31,801 6/30/2022-6/30/2023 The Travelers Indemnity Company Claims Made $2,000,000 $1,000,000 Each Wrongful Act $50,000 1/1/1986 $150,000 Included Where allowed by law Included Included Included Outside the Limit Included $12,890 Prepared by Iron Insurance Partners 10 City of Salina Summary of Insurance Policy Term Carrier Auto Liability Any Auto Symbol 1 Included Combined Single Limit (BI&PD) Uninsured/Underinsured Personal Injury Protection Medical Payments Hired and Non Owned Auto Liability Deductible (Auto Liability - BI and PD Loss Only) Total Maximum Deductible* *Applies to GL, EBL, Liquor, Auto Liability, LEL, OM/OIM & PEML Composite Rated Number of Units Auto Liability Rate Auto Physical Damage 6/30/2021-6/30/2022 The Travelers Indemnity Company Yes $1,000,000 $50,000 No Coverage $5,000 $1,000,000 $50,000 $150,000 Yes 240 $262.56 5/26/2022 6/30/2022-6/30/2023 The Charter Oak Fire Insurance Company Yes $1,000,000 $50,000 No Coverage $5,000 $50,000 $150,000 Yes 276 $229.66 Per Schedule Yes Yes Comprehensive Deductible - Units under $50,000 $500 $500 Collision Deductible - Units under $50,000 $500 $500 Comprehensive Deductible- Units over $50,000 $1,000 $1,000 Collision Deductible- Units over $50,000 $1,000 $1,000 Number of Units 194 203 Auto Physical Damage Rate $284.80 $312.24 *Any owned or leased auto with a model year of 2008 or newer OR with an original cost new $50,000 or greater AND all emergency vehicles regardless of year or value Maximum Physical Damage Deductible $75,000 $75,000 Hired Car Physical Damage Included Yes Yes Hired Car Physical Damage Deductible $500 $500 Garagekeepers Liability- Impound Lot Legal Liability Legal Liability Garagekeepers Physical Damage Limit $75,000 $75,000 Garagekeepers Comprehensive Deductible $250/$1,000 $250/$1,000 Garagekeepers Collision Deductible $500 $500 Annual Premium $118,265 $134,385 Prepared by Iron Insurance Partners 11 City of Salina Summary of Insurance Policy Term Carrier Crime Coverages Employee Dishonesty- Per Loss Deductible ERISA Included Expense Incurred to Establish Amount of Covered Loss Forgery and Alteration Monies and Securities Inside the premise Outside the premise Computer Fraud Funds Transfer Fraud Deductible Burglary & Theft (Robbery or Safe Burglary) Inside the premise Counterfeit Paper Currency & Money Orders Deductible 5/16/2022 Travelers Property Travelers Indemnity Casualty Co of America Company of CT $250,000 $250,000 $1,000 $1,000 N/A N/A $25,000 $25,000 $250,000 $250,000 $100,000 $100,000 $100,000 $100,000 $500,000 $500,000 $500,000 $500,000 $1,000 $1,000 $0 $0 $0 $0 N/A N/A Includes Faithful Performance Yes Yes Annual Premium $3,029 $3,029 Policy Term Carrier Limits of Liability Coverage Form Aggregate Limit Each Wrongful Act Limit Deductible Type Deductible Amount (Applies to Damages & Defense) Total Maximum Deductible' 'Applies to GL, EBL, Liquor, Auto Liability, LEL, UM/UIM & PEML Authorized Moonlighting Canine & Equine Exposures False Arrest, Detention, or Imprisonment Mental Anguish, Emotional Distress, Humiliation Violation of Civil Rights Duty to Defend Punitive Damages Employees as Insured's Defense Cost within Limit Terrorism Annual Premium The Travelers Indemnity The Travelers Indemnity Company Company Occurrence $2,000,000 $1,000,000 Each Wrongful Act $50,000 $150,000 Included Included Included Included Included Included Where allowed by law Included Outside the Limit Included $35,552 Occurrence $2,000,000 $1,000,000 Each Wrongful Act $50,000 $150,000 Included Included Included Included Included Included Where allowed by law Included Outside the Limit Included $42,910 Prepared by Iron Insurance Partners 12 City of Salina $1,000,000 5/26/2022 Summary of Insurance $1,000,000 $1,000,000 Policy Term Cyber Liability 6/30/2021-6/30/2022 6/30/2022-6/30/2023 Carrier HDI Specialty Insurance Travelers Casualty and Public Relations Company Surety Co. of America Limits of Liability $25,000 $25,000 Carrier Status - Admitted No Yes Policy Form Claims -Made & Reported Claims -Made Policy Aggregate $1,000,000 $1,000,000 Privacy and Security Liability $1,000,000 $1,000,000 Media Liability $1,000,000 $1,000,000 Retention $25,000 $25,000 First Party Coverages Privacy Breach Notification $1,000,000 $1,000,000 Computer and Legal Experts $1,000,000 $1,000,000 Cyber Extortion $1,000,000 $1,000,000 Data Restoration Expenses $1,000,000 $1,000,000 Public Relations $1,000,000 $1,000,000 Retention $25,000 $25,000 Computer Fraud $0 $100,000 Funds Transfer Fraud $0 $100,000 Social Engineering Fraud $0 $100,000 Telecom Fraud $0 $100,000 Retention $5,000 $5,000 Business Interruption and Additional Expenses $1,000,000 $1,000,000 Retention 8 Hours 8 Hours Knowledge/Prior & Pending Date Full Prior Acts 6/30/2016 Retroactive Date Full Prior Acts N/A Annual Premium $10,754 $23,055 Policy Term ' 6/30/2021-6/30/2022 6/30/2022-6/30/2023 Carrier Travelers Property Travelers Property Casualty Co of America Casualty Co of America Limits of Liability Limit of Liability $5,000,000 $5,000,000 Retention $10,000 $10,000 Underlying Coverages General Liability Yes Yes Law Enforcement Liability Yes Yes Public Entity Management Liability No No Employment Practices Liability No No Annual Premium $15,276 $20,281 Prepared by Iron Insurance Partners 13 City of Salina Premium Summary 5/16/2022 This presentation is designed to give you an overview of the insurance coverage. Please refer to your specific insurance contracts for details on coverages, conditions, and exclusions. 14 PREMIUM SUMMARY Line of Business Carrier Expiring Travelers Renewal Travelers Percent Change Commercial Property $250,487 $263,884 5% Inland Marine $23,048 $22,561 -2% General Liability $31,565 $32,228 2% Public Entity Management Liability $10,574 $12,890 22% Employment Practices Liability $26,273 $31,801 21% Law Enforcement Liability $35,552 $42,910 21% Commercial Auto $118,265 $134,385 14% Crime $3,029 $3,029 0% Cyber Liability $10,754 $23,055 114% Umbrella $15,276 $20,281 33% Total $524,823 $587,024 12% This presentation is designed to give you an overview of the insurance coverage. Please refer to your specific insurance contracts for details on coverages, conditions, and exclusions. 14 RESOLUTION NUMBER 22-8051 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH TRAVELERS FOR THE RENEWAL OF THE CITY'S COMPREHENSIVE PROPERTY/CASUALTY INSURANCE PROGRAM. BE IT RESOLVED by the Governing Body of the City of Salina, Kansas: Section 1. The City Manager is hereby authorized to execute an agreement with Travelers for the renewal of the City's Comprehensive Property/Casualty Insurance Program in the amount of $587,024, subject to the terms and conditions of the agreement. Section 2. The City Clerk is hereby directed to file and retain the original agreement according to the City of Salina Records Management Policy. Section 3. This resolution shall be in full force and effect from and after its adoption. Adopted by the Board of Commissioners and signed by the Mayor this 13th day of June, 2022. Trent W. Davis M.D., Mayor (SEAL) ATTEST: JoVonna Rutherford, City Clerk