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File #: 19-2124   
Type: Orange County Transportation Authority Item Status: Passed
File created: 9/4/2019 In control: Finance and Administration Committee
On agenda: 9/25/2019 Final action: 10/14/2019
Title: Excess Liability Insurance Renewal
Sponsors: Al Gorski, Maggie McJilton
Attachments: 1. Transmittal, 2. Staff Report

Title

Excess Liability Insurance Renewal

Overview

The Orange County Transportation Authority currently has excess liability insurance policies with Lexington Insurance Company, Great American Insurance Company, Allied World Assurance Company, and Endurance American Insurance Company. These policies will expire on November 1, 2019.

Recommendation(s)

Authorize the Chief Executive Officer to negotiate and execute Purchase Order No. A44072, in the amount of $800,000, to Marsh Risk and Insurance Services, Inc., to purchase excess liability insurance on behalf of the Orange County Transportation Authority for the policy period of November 1, 2019 to November 1, 2020.