e|agenda.NET Sarasota County Schools

THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 3:00 p.m.

June 16, 2009 Board Meeting Agenda Item #56 Title RENEWAL OF WORKERS' COMPENSATION SPECIFIC EXCESS INSURANCE EFFECTIVE JULY 1, 2009 TO JULY 1, 2011 Description The incumbent carrier is Midwest Employers Casualty Company (MECC).  They have agreed to a two (2) year rate guarantee that is 7.83% lower than the expiring rate of 0.0498 per $100 of payroll.  The renewal rate is 0.0459 per $100 of ratable payroll. Recommendation That the workers' compensation specific excess insurance renewal effective July 1, 2009 to July 1, 2011, be approved as presented. Contact CORCORAN & PALMER Financial Impact $131,553 Attachment:  WC Excess Ins Renewal 2009_2010.pdf