Human Resources Action Item

DATE:	Tuesday, October 28, 2014
TO:	School Board Members
FROM:	MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
Approve the Purchase of Quoted Law Enforcement Professional Liability Policy
EXECUTIVE SUMMARY
Hillsborough County Public Schools purchases Professional Liability Insurance coverage for Law Enforcement personnel yearly and will renew on November 23, 2014.  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 $89,364.83 including all Federal/State mandated fees.  This is approximately a $12,000 (15%) increase from the expiring coverage due to the increase of Law Enforcement personnel from 117 to 137.  Attachment A contains the proposal from the District's broker, First Florida Insurance Brokers.
STRATEGIC OBJECTIVES
• Align financial resources to support the district’s strategic goals
FINANCIAL IMPACT (Budgeted:  Yes)
The 12 month Law Enforcement Professional Liability premium of $89,364.83 is in the 2014-2015 General Fund budget.
EVALUATION
Yearly renewal
SUBMITTED BY:  Glen A. Lathers, Manager of Risk Management & Safety

Glen A. Lathers		Stephanie F. Woodford
Manager of Risk Management & Safety (813) 872-5263		Chief Human Resources Officer (813) 272-4166
		A 4.07
Hillsborough County Public Schools (Florida) * Mtg.#20141028_644 (Board Meeting) * Section A Item# 4.07