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Agenda Packets - 1986/02/10
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Agenda Packets - 1986/02/10
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Last modified
3/26/2025 3:46:04 PM
Creation date
3/26/2025 3:46:03 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
2/10/1986
Description
Regular Meeting
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Corporate Risk Managers, Inc. <br />w,w a <br />FMM,tch*n,wa • damn pu•iw .yaml e51+4 • 44171 e3! aw: <br />January, 1986 <br />City of Mounds V — <br />Mounds Vier, Mlnner'ta <br />Contract: CTYMV-3-IIMJ <br />It is hereby agreed that torporaly Risk MauagcIs, 1-,,. .i11 <br />perform the Property, Casualty and Group insurance functions <br />for the City of Mounds Vier and suusidiaries for <br />one (1) year effective November I, 1985. <br />Outline of Functlou,: <br />1. Continuous revi,w of exposures to loss includiny, leases <br />and contractual agreements. <br />2. Write insur,anc- ,pe(ilications, negotiate <br />placement and t.newdl of coveldgca. Approval tii <br />the City of Mounds Vier would be obtained <br />,rior to cover.it:e placement. <br />3. Review progi•i-n- to reduce custs--improve cash II,-W to <br />include: <br />(a) Analysis Workers' Compensation program, losses and <br />premiums. <br />(b) U nsolidatlOP of coverages, :eduction in numLer of <br />pol.cies- <br />(c) Recommend deductibles, self insurance or Iidnster <br />Of -fsks. <br />(d) Work wltn safety personnel to reduce losses. <br />4. Assist rn claims handling to include: <br />(a) Filing claims under dedu(tibles. <br />(b) Establish and file property claims and handle <br />settlement,. <br />(c) Review claims, obtain st,, t us reports, and ,heck <br />company reserves. <br />5. Reporting and Recordkecping: <br />(a) Prepare reports. <br />(b) Review audits. <br />(c) Review all premi,11, invoices and approve tut payment. <br />(d) Allocate piesium meta t,, depdriments and locutions. <br />(a) Retain still isti,al records on premiums, insured sad <br />or insured lasse., buildin. ,iud eyuipm.•nt i.ilnes. <br />
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