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HomeMy WebLinkAbout20171965.tiffGArthur J. Gallagher & Co. Client Authorization to Bind Coverage Weld County Housing Authority After careful consideration of your proposal dated July 23, 2017, we accept your insurance program subject to the following exceptions/changes: POLICY OPTIONS: YES NO OPTION DESCRIPTION Directors & Officers - $1,000,000 Limit / $1,000 SIR - $2,675 (per expiring) Directors & Officers - $500,000 Limit / $1,000 SIR - $2,006 Directors & Officers - $2,000,000 Limit / $1,000 SIR - $3,344 Directors & Officers - $3,000,000 Limit / $1,000 SIR - $3,745 Bind TRIA Terrorism Coverage As Quoted Except For the Following Policies Provide Quotations or Additional Information on the following Coverage Considerations The above coverage may not necessarily represent the entirety of available insurance products. If you are interested in pursuing additional coverages other than those addressed in the coverage considerations included in this proposal, _please list below: It is understood this proposal provides only a summary of the details; the policies will contain the actual coverages. We confirm the values, schedules, and other data contained in the proposal are from our records and acknowledge it is our responsibility to see that they are maintained accurately. We agree that your liability to us arising from your negligent acts or omissions, whether related to the insurance or surety placed pursuant to these binding instructions or not, shall not exceed $20 million, in the aggregate. Further, without limiting the foregoing, we agree that in the event you breach your obligations, you shall only be liable for actual damages we incur and that you shall not be liable for any indirect, consequential or punitive damages. aninutiliat.cw.4 75-,20/-7 Client Signature Weld County Housing Au 0641117/ — Dated �G. FICQw) taRCmR) Ccla9/(1 2017-1965 Michelle Raimer From: Sent: To: Subject: Don Warden Tuesday, June 27, 2017 2:22 PM Michelle Raimer RE: Weld County Housing Authority: 2017 D&O Renewal 8/1/17 Stay with the same option of $1,000,000 Limit / $1,000 SIR - $2675 Premium. Have Julie Cozad sign and give a copy to Esther for "Communications", it is correct it is not an agenda item since it's an administrative act. Donald D. Warden Director of Finance and Administration Finance and Administration PO Box 758 1150 O Street Greeley, CO 80632 tel: 970-356-4000 Extension 4218 email: dwarden@co.weld.co.us Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: Michelle Raimer Sent: Tuesday, June 27, 2017 11:35 AM To: Don Warden <dwarden@weldgov.com> Cc: Patti Russell <prussell@weldgov.com> Subject: FW: Weld County Housing Authority: 2017 D&O Renewal 8/1/17 Hello Don, Note the following message and attachments for the Housing Authority D&O Renewal. The last page (page 8) of the first attachment offers the policy options. Do you want to stay with the same option of $1,000,000 Limit / $1,000 SIR - $2675 Premium? And then have Julie Cozad sign and give a copy to Esther for "Communications" (not an agenda item since it's an administrative act)? I'll work with Chris or Barb to complete the listed instructions below. I'll also have Julie sign all the signature lines on all the forms. Let me know what else I need to do to accomplish this renewal ...thanks! Michelle Raimer HR Analyst - Risk Programs 1 63O0 South Syracuse Way, Suite 700 Centennial, CO 80111 O: 303.889.2548 I F: 720.200.5118 www.aiq.com / would like to emphasize that the discussion set forth above is only an insurance/risk management perspective and is NOT legal advice. We do not provide legal advice and I highly recommend that you seek the advice of legal counsel in order to become fully apprised of the legal implications related to these issues. This email and any files transmitted with it are intended only for the person or entity to which it is addressed and may contain confidential material and/or material that is protected by law. Any retransmission or use of this information may be a violation of that law. If you received this in error, please contact the sender and delete the material from any computer. 3 Hello