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May 11, 2023 City Council Regular Meeting
Title
21. Approval of the 2023-2024 Airport Liability Insurance Program with Sterling Seacrest Pritchard, Inc., in the Amount of $1,210,669.80.
Strategic Priority
Good Government
Description

Sterling Seacrest Pritchard, Inc. solicited quotes and has made the recommendation to bind coverage and renew each of the 14 insurance policies and 3 bond coverages the Commission has carried in previous years. This represents a 5.6% increase over last year’s insurance program mostly due to increased exposure from our additional passengers, facility updates, and blanket increases across the market.

Recommendation

Approval

Contact
Dawoud Stevenson, Director, Program Management/IT
Financial Impact
Expenditure of $1,210,669.80 from the Airport Commission Fund
Review Comments
Attachments

No attachments available

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