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HomeMy WebLinkAboutResolution #5331 - insurance renewal with Kiesewetter December 1, 2021 to December 1, 2024 RESOLUTION NO. 5331 A RESOLUTION APPROVING AN INSURANCE RENEWAL BETWEEN THE CITY OF CANTON AND KIESEWETTER INSURANCE AGENCY TO SERVE AS AGENT FOR THE CITY' S WORKER' S COMPENSATION AND LIABILITY INSURANCE FOR THE POLICY YEARS DECEMBER 1,2021 TO DECEMBER 1,2024 WHEREAS,the City of Canton, Illinois has determined that it is necessary and in the best interest to renew the agreement between the City of Canton and Kiesewetter Insurance agency to serve as agent for,the City's workers compensation and liability insurance for the policy years December 1, 2021 to December 1, 2024 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS AS FOLLOWS: 1. That the renewal attached hereto and incorporated herein as Exhibit A is hereby approved by the Canton City Council; 2. That the Mayor and the City Clerk of Canton, Illinois, are hereby authorized and directed to execute and deliver said agreement on behalf of the City of Canton; and 3. This Resolution shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois. PASSED THIS 7th day of September, 2021. AYES: Alderperson Andra Chamberlin, John Lovell, Craig West, Angela Hale, Jeff Fritz, Angela Lingenfelter, Greg Gossett NAYS: None ABSENT: Alderperson Justin Nelson APPROVED THIS 7th day of September, 2021. 4 ,, E Kent McDowell, Mayor Dian avley- ck, City Cler Kiesewetter 4 Insurance Agency SERVICE AGREEMENT The City of Canton (City)and Kiesewetter Insurance Agency LLC(agent)agree that the agent will serve as the"agent of record"for all the City's Property and Casualty insurance coverages for the period of 12/1/2021through 12/1/2024. The agent's role as"agent of record" is to service and administer the City's insurance coverages.in a professional manner and to negotiate the City's annual renewal coverages and pricing. The primary goal will be to manage and control insurance costs for the City while maintaining the appropriate insurance coverages for risk management. In compensation for services rendered pursuant to this agreement,the agent will be paid a commission or a combination of fee and commission as allowed by the insurance companies. Daniel C Kiesewetter Kent McDowell Owner&Member Mayor,City of Canton 115 East Fort Street, PO Box 239, Farmington, IL 61531-0239 Daniel C. Kiesewetter Stephen E. Kiesewetter (309) 245-2434 www.kiesewetterins.com Fax (309) 245-2541