Agenda Packets - 1984/10/22 - Laserfiche WebLink

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Cooperative Ineurence Marketing Aeeocietea, Inc. P.O. Box 186, Cembne, CA 934RB 11 October 1984 Mr. Donald Pauley, City Administrator City of Mounds View 2401 Highway 10 Mounds View, MN 55112 Dear Mr. Pauley: a ' Pursuant to Peter Tritz' Memo of 19 July regarding the Cooperative Home Insurance Program (CHIP), I am sending along some current CHIP material and another Community Profile Questionnaire. As you know, most of the questionnaires were lost in the mail. Since Pete appealed for duplicate copies of the questionnaire in July, we have received only 8. While we now have 10 profiles in all, these do not quite constitute a large enough sample of cities to establish an initial set of CHIP insurance rates covering most of the State. Before we can offer CHIP in Minnesota we must submit these rates and the CHIP forms —principally policies and endorsements —to the State Department of Insurance for review. We will do so when the rates are developed. At that time we will also seek an audience with the Com- missioner and his Staff, through the Municipal League. Since CHIP is still somewhat controversial, we wish to thus insure that there are no misunderstandings concerning the concept and operation of the Pro- gram, and also that CHIP complies with all applicable State statutes, regulations, and business practice requirements. If you have not already developed a duplicate questionnaire for us, we would appreciate your doing so. When the Program is approved we will send along copies of the CHIP rates applicable to Mounds View together with a comparison sheet to give you some notion of CHIP's competitive posture before you decide whether or not to implement the Program. In the meanwhile, if you have questions please contact me at our Cambria Office; and thank you for your interest in CHIP. S'ncerel llia C. Hanna w Vice President WCH:sah cci Peter Tritz Enclosures Crestllne, Co. (714(338-1891 Cembrie, Co. (806) 887--5351