Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Insurance topic
No spam. Unsubscribe anytime.
Legislature awards county insurance coverages through NYMIR
Summary
Franklin County assigned its 2016–17 insurance coverages to the Sid G. Spear Agency for the New York Municipal Insurance Reciprocal (NYMIR), listing policy line premiums and a total subscriber premium and fees of $284,035.68.
The Franklin County Legislature adopted Resolution No. 149 to award the county's 2016–17 insurance coverages to the Sid G. Spear Agency under the New York Municipal Insurance Reciprocal (NYMIR).
The resolution detailed premiums by policy line, including Commercial Auto ($27,570.40), Commercial Property ($68,018.50), Commercial General Liability ($64,478.70), Police Professional Liability ($33,851.40) and other lines, with total subscriber premium and fees of $284,035.68. The motion was made by Legislator Smith, seconded by Legislator Maroun, and carried unanimously.
The action implements the County Manager's recommendation and accepts the quotes received from NYMIR for the policy year June 2, 2016 through June 1, 2017. The resolution authorizes contracting with the named agency for listed coverages.
