WHEREAS, the Town of North Hempstead’s current insurance policies for General Liability, Automobile Liability, Primary Excess Liability, Secondary Excess Liability, Public Officials and Employers’ Liability, Employment Benefits, Crime/Fidelity, and Excess Workers’ Compensation and Employers’ Liability coverage expired as of January 1, 2024; and
WHEREAS, the Town has received favorable pricing and coverage quotations for a General Liability (General Liability, Auto, Public Officials, Employment Benefit Liability and Primary Excess Liability) policies from U.S. Specialty (HCC); a Secondary Excess Liability policy from American Alternative Insurance Corp.; a Public Employee Blanket Bond (Crime/Fidelity policy) from Great American Insurance Company; Workers’ Compensation and Employers’ Liability policy from Public Employer Risk Management Association, Inc.; and a Cyber Liability policy from Cowbell Cyber Inc., all for the period of January 1, 2024 through January 1, 2025; and
WHEREAS, the Town’s insurance brokers have recommended placement of these policies as quoted.
NOW, THEREFORE, BE IT
RESOLVED, the Town Board authorizes the placement of policies of insurance for General Liability (General Liability, Auto, Public Officials, Employment Benefit Liability and Primary Excess Liability) from U.S. Specialty (HCC); a Secondary Excess Liability policy from American Alternative Insurance Corp.; a Public Employee Blanket Bond (Crime/Fidelity policy) from Great American Insurance Company; Workers’ Compensation and Employers’ Liability policy from Public Employer Risk Management Association, Inc.; and a Cyber Liability policy from Cowbell Cyber Inc., all for the period of January 1, 2024 through January 1, 2025; and
RESOLVED that the Supervisor, Deputy Supervisor, Comptroller, Commissioner of Human Resources and Town Attorney are hereby authorized to take such other action as may be necessary to effectuate the foregoing; and be it further
RESOLVED that the Comptroller be and hereby is authorized and directed to pay the costs hereof upon receipt of duly executed and certified claims therefor.
Dated: Manhasset, New York
January 9, 2024
The vote on the foregoing resolution was recorded as follows:
Ayes: Councilperson Adhami, Councilperson Dalimonte, Councilperson Scott, Councilperson Troiano, Councilperson Walsh, Supervisor DeSena.
Nays: None.
Absent: Councilperson Liu.
cc: Town Attorney Supervisor Comptroller HR |