13-58 .sue
ELGIN
THE CITY IN THE SUBURBS`
DATE: March 26, 2013
TO: Barb Furman, Legal Secretary
FROM: Jennifer Quinton, Deputy City Clerk
SUBJECT: Resolution No. 13-58, Adopted at the March 20, 2013, Council Meeting
Enclosed you will find the agreement listed below. Please have these agreements signed and
executed by the Travelers Indemnity Company and return one fully executed cony to the City
Clerk's office for the City's records. If you have any questions please feel free to contact our
office 847-931-5660 and we will do our best to assist you. Thank you.
• Claims Service Agreement Addendum No. 1 to the Agreement Dated October 1,
2010, with The Travelers Indemnity Company
Resolution No. 13-58
RESOLUTION
AUTHORIZING EXECUTION OF A CLAIMS SERVICE AGREEMENT
ADDENDUM NO. 1 TO THE AGREEMENT DATED OCTOBER 1, 2010,
WITH THE TRAVELERS INDEMNITY COMPANY
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,ILLINOIS,that
Sean R.Stegall,City Manager,be and is hereby authorized and directed to execute a Claims Service
Agreement Addendum No. 1 to the Agreement dated October 1,2010,with The Travelers Indemnity
Company on behalf of the City of Elgin, a copy of which is attached hereto and made a part hereof
by reference.
s/David J. Kaptain
David J. Kaptain, Mayor
Presented: March 20, 2013
Adopted: March 20, 2013
Vote: Yeas: 7 Nays: 0
Attest:
s/Kimberly Dewis
Kimberly Dewis, City Clerk
CLAIMS SERVICE AGREEMENT
ADDENDUM NO. 1 TO THE AGREEMENT DATED OCTOBER 1,2010
THIS ADDENDUM No. 1 to the Claims Service Agreement dated October 1, 2010,
("Agreement") by and between the City of Elgin ("Client"), and the Travelers Indemnity
Company, a Connecticut corporation ("Travelers") is entered into as of March 20 , 2013.
The Agreement is hereby amended as follows:
1. Section A.8 is hereby amended to read as follows:
"8. For the purposes of this agreement the discretionary authority limit, on a
per claim basis, is an amount up to and including $20,000 on any self-
insured retention period."
2. Section B.3 is hereby amended to read as follows:
443. Discretionary Authority Limit means the total amount of money, as set
forth in Section A.8, for which Travelers is authorized to spend in
payment or settlement of any claim, and, in the case of denial, the total
Travelers projected money value of a claim for which Travelers is
authorized to deny without first seeking approval from the Client. The
payment or settlement of any claim shall require advance approval from
the corporation counsel of the Client. The discretionary authority limit
does not include allocated loss expense."
CITY OF ELGIN, ILLINOIS THE TRAVELERS INDEMNITY
COMPANY
/2.Z
By: By:
can R. 9–t—egall
Title: City Manager Title:
Date: March 20, 2013 Date:
Witness: Aez Witness:
Date: Ra&C A 'PA X13 Date:
F:\Legal Dept\Agreement\Claims Service Agr Addendum 1-Travelers-3-5-13.docx