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HomeMy WebLinkAboutResolution - 2013-R0290 - Purchase - Workers Comp. Coverage - TPSWCJSIF - 09/10/2013Resolution N0. 2013-RO290 September 10, 2013 Item No. 5.23 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Manager of the City of Lubbock and is hereby authorized and directed to purchase for and on behalf of the City of Lubbock, workers' compensation coverage from the Texas Political Subdivisions Worker's Compensation Joint Self - Insurance Fund, for a premium amount not to exceed $1,528,304; and THAT the City Manager may execute any routine documents and forms associated with said coverage. Passed by the City Council this September 10, 2013 v� GLE ROITERTSON, MAYOR ATTEST: Ge cca Garza, C ty Secretary APPROVED AS TO CONTENT: Leisa Hutcheson, Director of Human Resources and Risk Management APPROVD AS TO FORM: Chad Weaver, Assistant City Attorney RES Risk Mint -Workers Compensation August 26, 2013 Resolution No. 2013-RO290 Wells Fargo Insurance Services Workers' Compensation and Employer's Liability Insurance Carrier: Texas Political Subdivision (TPS) Carrier Rating: Not Rated by AM Best Policy Term: 10/01/2013 to 10/01/2014 Workers' State law requires most employers to provide Workers' Compensation Compensation insurance for employees. Benefits are paid to employees who suffer work - Coverage: related injury. Lost wage benefits may be paid in addition to medical expenses, which can include permanent disability or disfigurement. Employers Liability Protects your business in the event you are sued by an employee or his/her Coverage: family as a result of a work-related injury. _ Coverages A. Compensation Benefits: Statutory B. Employers Liability: $1,000,000 Each Accident $1,000,000 Disease - Policy Limit $1,000,000 Disease - Each Employee Workers Comp States: TX Auditable: Yes Payroll increased 3% from 2012 audit This Coverage Summary neither amends nor alters the insurance contract. Specific questions on all policy terms and conditions should be referred to your Wells Falgu Insurance representative, and the policy itself should be reviewed. Please refer to the policy contract for specific terms, conditions, limitations, and exclusions Proposal date: 7/11/2013 Prepared for City of Lubbock c/o Risk Management Dept. Confidential C 2013 Wells Fargo Insurance Services USA, Inc. All Rights Reserved. PAGE 27 Wells Fargo Insurance Services Workers' Compensation and Employer's Liability - TPS (cont.) Classification Code Payrolls Classification Code Payrolls Farm NOC 0011 $ - Architect or Engineers 8601 $ 747,322 Sign Manufacturing 3064 $ 57,722 Clerical Office Employees 8810 $ 21,494,624 Welding/Cutting 3365 $ - Animal Shelter 8831 $ 526,044 Copying/Duplicating Services 4299 $ 54,369 Hospital Professional Employees 8833 $ 1,048,534 Building Inspection 4511 $ 1,564,249 Library / Museum 8838 $ 1,466,451 Exterminators 4519 $ 165,829 Motorcycle Police 7720 $ Included 7720 Traffic Signal Control Installation 5190 $ 946,941 Building Service Contractor 9014 $ - Computer Device Installation 5191 $ - Building Maintenance 9015 $ 2,069,931 Street & Road Construction 5506 $ 1,656,285 Zoo Facility 9016 $ - Street & Road Construction 5506 $ - Toll Road Operations 9019 $ - Contractor Executive Supervisor 5606 $ 63,074 Restaurant NOC 9079 $ - Flood Control 6229 $ - School Library 9101 $ 58,044 Drivers 7380 $ 11,837 School Crossing Guard 9101 $ Included 7720 Airport Operations 7423 $ 1,251,497 Parks & Recreation 9102 $ 1,663,540 Waterworks Operations 7520 $ 4,375,856 Theater NOC 9154 $ - Electric Light & Power Co 7539 $ 12,080,766 Cemetery 9220 $ 179,219 Sewage Disposal Plant Ops 7580 $ 2,182,974 Street Cleaning 9402 $ 466,402 Garbage Works 7590 $ 868,104 Refuse Collection 9402 $ 1,604,934 Firefighters & DriN-ers 7704 $ 24,067,378 Outside Volunteers 3724 $ 3,995 Police Officers 7720 $ 28,299,824 Inside Volunteers 8742 $ 22,204 Heavy Equipment Maintenance 8107 $ 471,420 Volunteer Police Reserves 0570 $ 29,458 Warehouse Ops 8292 $ - Salespersons, Collectors, Automobile Machine Shop 8391 $ 66,742 Messengers 8742 $ 77,479 Total Payroll $ 109,643,048 Annual Type of Coverage Deductible Contribution Workers' Compensation $0 $1,559,494 Annual Contribution with discount $1,528,304 This Coverage Summary neither amends nor alters the insurance contract. Specific questions on all policy terms and conditions should be referred to your Wells Fargo Insurance representative, and the policy itself should be reviewed. Please refer to the policy contract fur specific terms, conditions, limitations, and exclusions Proposal date: 7/1112013 Prepared for City of Lubbock c/o Risk Management Dept. Confidential. ie? 2013 Wells Fargo Insurance Services USA, Inc. All Rights Reserved. PAGE 28