Sarasota County Schools
Agenda Item #31
Title
APPROVAL OF THE RENEWAL OF WORKERS' COMPENSATION SPECIFIC EXCESS INSURANCE EFFECTIVE JULY 1, 2014 TO JUNE 30, 2015
Description
Arch Insurance Company proposed a one (1) year rate guarantee at 0.0673 per $100 of ratable payroll. This is a rate increase of 0.0267 per $100 of ratable payroll over the expiring program.
Recommendation
That the Board approves the workers' compensation specific excess renewal with Arch Insurance Company effective July 1, 2014 to June 30, 2015 as presented.
Contact
WHITE & CORCORAN/PETERSON
Financial Impact
$169,384
Attachment: WC Excess Renewal 07-01-2014.pdf
Attachment: School Board 2014 Renewal Quotes_Final Revision.pdf