Guilford County Board of Education
Regular Meeting
June 25, 2009

To:

Members, Board of Education

From:

Maurice O. Green, Superintendent
Sharon S. Ozment, Chief Financial Officer

Date:

June 19, 2009

RE:

2009-10 Insurance Coverage

We recommend that quotes for the following lines of coverage be accepted for fiscal year 2009-10:

Type

Agent

Administered By

Underwriter

Premium

General Liability
Garage Liability
Law Enforcement
Liability
Errors & Omissions

Surry Insurance
Dobson & Winston-Salem

Montgomery Ins.
Charlotte, NC

Montgomery Ins.
Charlotte, NC

$244,392

Auto & Garage Keeper

Surry Insurance
Dobson & Winston-Salem

Montgomery Ins.
Charlotte, NC

Montgomery Ins.
Charlotte, NC

$168,101

High School
Catastrophic

American Advantage
Marketing
Waynesville, NC

American Advantage
Marketing
Waynesville, NC

Nationwide Ins. Co.
Ft. Wayne, Ind.

$23,107.50

(Premium calculation based on last year’s actual numbers = 6,162 participants times $3.75 per participant)

Middle School Catastrophic

The Young Group
Raleigh, NC

Administrative Concepts
Wayne, PA

United States Fire Insurance Co.
Eastontown, NJ

$ 6,640.62

Student Athletic

The Young Group
Raleigh, NC

Bollinger
Short Hills, NJ

Monumental Life Ins.
Cedar Rapids, Iowa

$120,000

Student Accident

The Young Group
Raleigh, NC

Sentry Life Insurance
Stevens Point, WI

Sentry Life Insurance
Stevens Point, WI

Voluntary

Excess Worker’ Comp & Employer’s Liability

Surry Insurance
Dobson & Winston-Salem

Key Risk Ins. Services
Greensboro, NC

Safety National
St. Louis, Mo.

$   97,694

(Recommended carrier bid retention of $400,000 and statutory limits.)

Property Insurance

Surry Insurance
Dobson & Winston-Salem

Berkley Mid-Atlantic
Richmond, VA

Berkley Mid-Atlantic
Greensboro, NC

$808,268

This completes all lines of coverage for the 2009-10 school year.

 

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.

© 2007 Guilford County Schools, 712 North Eugene Street, Greensboro, NC 27401 336.370.8100

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