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Insurance_August 1972 to December 1973INSURANCE 26 Meeting Date City Mgr. advised that the insurance specs had been reviewed by U. or Miami professor of insurance; that Marsh & McLennan had reviewed the problem and suggested no solution. Administration will continue tts attempts to reduce this cost and has a 90 -day cancellation clause at pro rata premium return included in the specs. 8/16/72 Combined Comprehensive General Auto Liability insurance coverage for 3 -yr term awarded to Southern Underwriters, Inc. $281,000 advance annual premium per year. 8/16/72 Malpractice Insurance for 3 -yr. term as recommended by Administration to lowest bidder Seitlin & Co. conditioned on reciipt of letter INSURANCE 21 Meeting Date or endorsement affording coverage for licensed medical doctors or physicians from Agent or carrier. $4,500 per year for 3 -yr term, as in agreements with emergency medical service doctors. Award to Agents of Record for Aetna Life & Casualty; Adae and Hooper Ins. Inc. and Financial Planning Assoc. for crime insurance three year period - $16,615. 8/16/72 9/20/72 INSURANCE 214' Meeting Date Flisr of Fire Extended C rage Mali ious chiet on various city �YPdgs w rddecd to Equity Underwriters, Inc., $75,U00. All Risk Fine Arts insurance awarded for 1 yr. at $16,000 to Equity Underwriters, for Unigard Mutual Ins. Co. with 90 day cancellation. 5/2/73 Memo 4149- Builders' risk insurance awarded Equity Underwriters on behalf of Calvert Fire Insurance Company for $12,000,000 coverage, at 1 yr. premium of $18,000. 9/5/73 Memo 4311 -Res. 73-14207 adopted approving group health insurance contract, Blue Cross/ Blue Shield and American Bankers Life Assurance for 3 years commencing 1/1/74. 11/15/72 12/12/73