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Guilford County Board of Education
Regular Meeting
June 10, 2008
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To: |
Members, Board of Education
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From: |
Eric J. Becoats, Ed.D.
Sharon S. Ozment
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Date: |
June 6, 2008
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RE: |
2008-09 Insurance Coverage
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We recommend that quotes for the following lines of coverage be accepted for fiscal year 2008-09.
Type |
Agent |
Administered By |
Underwriter |
Premium |
General Liability |
Surry Insurance
Dobson & Winston-Salem |
Utica National
Richmond, VA |
Utica National
Richmond, VA |
$238,979 |
Auto, Garage Keeper &
Garage Liability |
Surry Insurance
Dobson & Winston-Salem |
Utica National
Richmond, VA |
Utica National
Richmond, VA |
$230,403 |
Law Enforcement
Liability |
Surry Insurance
Dobson & Winston-Salem |
Scottsdale Indemnity
Scottsdale, AZ. |
Scottsdale Indemnity
Scottsdale, AZ. |
$ 1,500 |
High School
Catastrophic |
American Advantage
Marketing
Waynesville, NC |
Student Insurance
Plano, TX. |
United Health Care
Plano, TX. |
$24,551.25 |
(Premium calculation based on last year’s actual numbers = 6,547 participants times $3.75 per participant) |
Excess Worker’ Comp & Employer’s Liability |
Surry Insurance
Dobson & Winston-Salem |
Key Risk Ins. Services
Greensboro, NC |
Safety National
St. Louis, Mo. |
$ 92,216 |
(Recommended carrier bid retention of $400,000 and statutory limits.) |
Errors & Omissions |
Guilford City/County
Ins. Adv. Comm.
Greensboro, NC |
AIG Tech. Services
New York, NY |
National Union Fire
Insurance Co. of Pittsburgh, PA |
$ 78,000 |
Property Insurance |
Surry Insurance
Dobson & Winston-Salem |
Berkley Mid-Atlantic
Richmond, VA
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Berkley Mid-Atlantic
Greensboro, NC |
$ 781,619 |
Some renewal quotes are still outstanding on the following lines of coverage: Middle School Catastrophic, Student Athletic, and Voluntary Student Accident. We will bring carrier recommendations and actual premium costs to the board of education at its next regular meeting following the receipt/determination of such information on these respective lines of coverage.
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In compliance with federal laws, Guilford County Schools administers all educational programs, employment activities and admissions without discrimination because of race, religion, national or ethnic origin, color, age, military service, disability or gender, except where exemption is appropriate and allowed by law. Refer to the Board of Education's Discrimination Free Environment Policy AC for a complete statement. Inquiries or complaints should be directed to the Guilford County Schools Compliance Officer, 120 Franklin Boulevard, Greensboro, NC 27401; 336.370.2323.
All Guilford County Schools facilities, both educational and athletic, are tobacco-free learning environments.
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