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280 <br /> September 21,1911 <br /> The regular meeting tn1City Council called to order at <br /> September <br /> 9"ireside.Ebert heCnferene mofh <br /> City Hall with councilmen <br /> in atten- <br /> dance <br /> INSURANCE REPORT <br /> Cohn Solon and <br /> LeBow,� <br /> insurance ymaea request of <br /> ed <br /> that risk management <br /> itself with antral <br /> lossf assetsThe analysis involvesf steps: <br /> 1' Identification able and causes of <br /> 2) ofthe ssibe s df frequency of such losses. <br /> 3) Determination of lossescbe aneliminated <br /> re <br /> duced <br /> or the keloon r persons. <br /> 5) Determination of whichsie less.can asenc el <br /> � f insurance to cover t oases whichwholely <br /> or partially <br /> t of a management r con[assumed. <br /> system for ro1 and continuous <br /> 61 analysis ofl <br /> the risk management p ^ <br /> He revie,md <br /> mendations:other <br /> areas of the report and then the following recom- <br /> The Mayoh the ultimate responsibility orrisk <br /> anagemecandn - <br /> .�� Mayor <br /> he should <br /> a system y the <br /> City <br /> y ^ <br /> � informed and they will a` t make decisions <br />�:456 necessary. Ideally, 1 ld requirea lea trained risk <br /> mana- <br /> ger, of P £ h per- <br /> son <br /> o <br /> a full time basis. Training employee <br /> ' sb Y P f h duties <br /> lI I We suggestresponsibilities d bd 1 <br /> so e s services <br /> a <br /> insurance o <br /> lx brokerage house e provide the <br /> al e and advicee e anI <br /> t <br />� j' ylthe <br /> insurance. 2)Assign tO SO. eshe <br /> n <br /> 4 q sibof workingw the inadvisor,supervising to <br /> a City mployee. <br /> 3. Interviewagents who respond to the specifications and select one <br /> . <br /> 4. Preparation k eugstd <br /> � meand i Thiswouldbegeneral state- <br /> oossfr gtheCi sumptiono <br /> - <br /> titude <br /> De responsibility of <br /> responsibility <br /> ibitCity's insurance agent,matters reserved to the <br /> icity Counciland reporting' <br />' li <br /> 5. on of the policy statement by the City Council. <br /> 1 p selected of the s cted insurance agent as broker of record <br /> on all existing policies <br />