HCPS FL Logo Human Resources
Action Item
DATE: Tuesday, October 4, 2016
TO: School Board Members
FROM: Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Approve the Purchase of Quoted Law Enforcement Professional Liability Insurance
EXECUTIVE SUMMARY
Hillsborough County Public Schools (HCPS) purchases Professional Liability Insurance coverage for HCPS law enforcement personnel.  The coverage renews November 23, 2016.  The coverage limits will remain at $500,000 each occurrence and $1,000,000 aggregate.  The deductible remains at $250,000 per occurrence.  The renewal premium will be $88,531 (inclusive of all Federal/State mandated fees).
STRATEGIC OBJECTIVES
All Strategic Objectives
FINANCIAL IMPACT (Budgeted:  Yes)
Funds in the amount of $88,531 will be available in the Internal Services Fund (Worker's Compensation).  For tracking purposes, the fund number specific to the Worker's Compensation program is 711.  As of September 30, 2016, the remaining balance less encumbrances for this line item equaled $88,531. 
EVALUATION
Yearly renewal.
SUBMITTED BY:  Glen Lathers, Director, Risk Management and Safety
Stephanie Woodford   Dr. Alberto Vázquez
Chief Human Resources Officer
(813) 840-7328
  Chief of Staff
(813) 272-4986
    C 4.08
Hillsborough County Public Schools (Florida) * Mtg.#20161004_766 (Board Meeting) * Section C Item# 4.08