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Minutes of the Regular Meeting of Council <br />1Vlonday, June 19, 2017 <br />Page 8 <br />Council President Saponaro asked, is there any further discussion? In Finance we talked <br />about the fact that this is June 19"' and the renewal just caine in on Friday which is way <br />way too late. This should have come in a long tiine ago. We have to have a discussion <br />with the broker to find out why this has occurred. Per the Law Department, the concern <br />was a gap in coverage. With a gap in coverage, we need to make sure we do have coverage <br />that extends beyond the expiration of June 30`h. I don't think anyone on Council is pleased <br />with having this in front of us at this point; however, we feel that there is really no choice <br />unless, obviously, the Law Director, we rely on you for guidance here as well. <br />Dr. Parker asked, have we approached thein as far as the 4 plus percent increase and ask <br />them to see if they can get it lowered? <br />Council President Saponaro replied, we're not talking about that as inuch as talking about <br />the fact that we don't have time to even do that. <br />Dr. Parker stated, I know we don't have tiine to do that but, that we have time to do, we <br />don't have time to maybe go out and shop more or look at other, why would we not ask <br />them as we do with medical? <br />Council President Saponaro replied, I am not saying we haven't. Ron can answer that <br />question. <br />Mr. Wynne replied, the insurance company is the broker who represents our behalf. <br />Hopefully he is doing that as a normal course. Myself personally, I am not sure if the Law <br />Director feels the same way, I was really happy with this increase. We have a couple legal <br />matters going on right now that involve insurance companies representing us. I think to get <br />this kind of an increase knowing the exposure we have to a couple items we are dealing <br />with was pretty receptive on my part. <br />Dr. Parker asked, and the Law Director's feelings on that? <br />Mr. Dieinert replied, I agree with Council that perhaps this should have been shopped <br />several months ago. I think Ron is going to find out why we could not have done it several <br />months ago. I am sure Wichert has some explanation but legally the policy expires the end <br />of June and we don't want to take a chance of their being a gap. I think renewing it now <br />everyone's on kind of high alert that, number one, we were disappointed that we didn't <br />have any other companies available to bid on it or didn't get other companies to bid on it or <br />the regional organization that self-insures municipalities are all options Ron will talk to our <br />broker about, but we are kind of dependent on the broker's advice. We pay him for that <br />advice and direction and we have to hope he is doing the best for us. <br />Council President Saponaro asked, so since this is a new agenda itern, I will open up for <br />public coinment if someone wants to stand up and coine to the podium.