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ry <br />`t <br />LEE COUNTY <br />P'V 'f„'C.x4 F x <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. II. H. <br />_ Information <br />Meeting Date: May 17, 2010 T Action Item <br />XX Consent Agenda <br />0 <br />SUBJECT: Workers Compensation Insurance Renewal <br />DEPARTMENT: Administration/Risk Management <br />CONTACT PERSON: John Crumpton <br />REQUEST: Approval Renewal Quote from Key Risk for FY 2010-11 <br />SUMMARY: County staff has been working with Key Risk for several months on <br />obtaining a new quote for next years workers compensation <br />insurance coverage. After the discussions the county received a 9 <br />percent reduction in our coverage rates which will result in a savings <br />of $27,881 before the payroll audit in August. <br />BUDGET IMPACT: Total cost of the renewal is $412,234. Last years premium was <br />$440,115. <br />ATTACHMENT(S): 1) Email from Bob Adams summarizing renewal proposal <br />2) Renewal Quote <br />PUBLIC HEARING: No <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: Approve renewal quote and authorize the County Manager to sign <br />contract. <br />1J <br />