PERSONNEL COMMITTEE

January 11, 2010

** NOT APPROVED **

Committee Members Present

 T. O’Grady, D. Burdick, G. Benson, D. Cady, D. Fanton, D. Pullen, N. Ungermann, C. Crandall

 

Others Present

M. Alger, B. Baty, R. Ewell, M. Healy, T. Hopkins, K. LaForge, J. Margeson, B. Riehle, E. Ruckle, I. Whitehouse

 

            Personnel Committee Chairman Timothy O’Grady called the meeting to order at 2:55 p.m.  Clerk of the Board Brenda Rigby Riehle introduced insurance agents Richard Ewell and Ian Whitehouse from Richardson and Stout, and our insurance consultant Brian Baty, President of BMA Consulting Services, Inc.

 

Insurance Renewal with NYMIR

            Brian Baty presented a spreadsheet (attached to original minutes) comparing our expiring policy with a renewal quote from the New York Municipal Insurance Reciprocal (NYMIR) along with a comparison of what we might expect our new premiums to be based on updated exposures.  All terms and conditions remain the same.  Mr. Baty pointed out that our property values increased slightly while our inland marine (value of equipment) decreased slightly.  The Health Care General Liability and Professional Liability premiums were reduced approximately 50 percent (over $8,000) based on the sale of our nursing program.  The NYS Motor Vehicle Fee almost doubled due to the fact that New York State has doubled their fees for motor vehicles.  NYMIR’s renewal quote at $251,738 is $14,345 less than last year’s premium.  Richardson and Stout’s agency fees remained the same.  Based on our updated exposures, the total premium reduction is $10,130 or about 4 percent annually.  Last year we received a $22,872.60 check from NYMIR representing the first of three installments which will amount to 75 percent of the County’s initial capital contribution.  NYMIR plans to present a $23,000 check to Allegany County in February for our 2nd installment.  Mr. Baty commented that overall, he believes that NYMIR came across with a very equitable renewal given our market conditions. Legislator Benson questioned the liability limits, and Mr. Baty explained that with our umbrella coverage, we actually have an $11 million liability with an aggregate of $20 million.  A motion was made by Legislator Burdick, seconded by Legislator Fanton and carried to approve the insurance renewal proposal by Richardson & Stout from NYMIR for the period February 1, 2010 through February 1, 2011 in the amount of $251,738.  It was noted that the cost is approximate as premium adjustments are processed for changes in vehicles, equipment, property, etc.   Prepare Resolution

 

Renewal Contract for Insurance Consulting Services

            Mrs. Riehle requested a resolution approving a renewal proposal/contract to perform insurance consulting services for Allegany County with BMA Consulting Services, Inc. (Brian Baty, President) for the period January 1, 2010 through December 31, 2010.  The cost of $10,000 will be reduced by 10 percent if the premium is paid within 30 days, and Mrs. Riehle indicated that she plans to take advantage of that discount.  The County Attorney has reviewed and approved the contract.  The request was approved on a motion by Legislator Pullen, seconded by Legislator Burdick and carried.   Prepare Resolution

 

Adjournment

            There being no further business to come before the committee, a motion was made by Legislator Burdick, seconded by Legislator Fanton and carried to adjourn the meeting.

 

 

Respectfully submitted,

 

Brenda Rigby Riehle, Clerk of the Board

Allegany County Board of Legislators