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LTC 82-2002 ,,-., , ' ., CITY OF MIAMI BEACH Office of the City Manager Letter to Commission No. <1J- - c9()CJ;) m From: Mayor David Dermer and Members of the City Commission Jd~iMj_%tf8t ~ ~A~' City Manager d VVV- 0 COMMISSION MEETING 03120102- R2A ARMOR SECURITY INC.- GENERAL LIABILITY INSURANCE Date: March 26, 2002 To: Subject: Risk Management has reviewed the liability insurance provided to the City of Miami Beach by Armor Security Inc. Armor Security Inc. has provided proof of General Liability Insurance with primary limits of $1 ,000,000 with $10,000,000 excess liability for a total limit of $11,000,000. This insurance exceeds minimum requirements. Since the City of Miami Beach liability claims are capped by statute for $100,000/$200,000, it is felt that in most instances, the minimum requirement of $1,000,000 for General Liability Insurance is sufficient. JMG\~B\~<fet~ F\Risk\$AII\CllfflMgmt\ArSec.doc .~ ~ -.- Dixon, Lisa From: Sent: To: Cc: Subject: JorgeGonzalez Monday, March 25, 2002 05:37 PM MaryGreenwood; MayraButtacavoli Dixon, Lisa RE: Como mission Meeting-Item R2A Armor Security, Inc. Please prepare an LTC. -----Original Message----- From: MaryGreenwood Sent: Friday, March 22, 2002 10:04 AM To: MayraButtacavoli Cc: JorgeGonzalez Subject: Comomission Meeting-Item R2A Armor Security, Inc. This is Cliff's answer to question brought up at agenda review. $1 million is sufficient. Mary Forward Header Comomission Meeting-Item R2A Armor Security, CliftonLeonard at C-H-PO 03/21/2002 11:27 AM Subject: Author: Date: Inc. We have reviewed Armor Security's insurance. Armor currently has General Liability Insurance with primary limits of $1,000,000 with $10,000,000. excess for a total limit of $11,000,000. Since the City is capped at $100,000/$200,000, we require a minimum of $1,000,000 which is more than adequate. Cliff 1