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HomeMy WebLinkAboutResolution #5477 - insurance renewal with Kiesewetter Insurance Company to serve as agent December 1, 2024-December 1, 2027 RESOLUTION NO. 5477 A RESOLUTION APPROVING AN INSURANCE RENEWAL BETWEEN THE CITY OF CANTON AND KIESEWETTER INSURANCE COMPANY TO SERVE AS AGENT FOR THE CITY'S WORKER'S COMPENSATION AND LIABILITY INSURANCE FOR THE POLICY YEARS DECEMBER 1,2024 TO DECEMBER 1,2027 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 worker's compensation and liability insurance for the policy years December 1, 2024 to December 1,2027. 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. That 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 6 h day of June , 2024 AYES: Alderpersons Chamberlin,Grimm Lovell,Hale, Gossett,Ketcham NAYS: None ABSENT: Alderpersons Nelson,Lingenfelter APPROVED: Kent A. cDo ,Mayor ATTEST: , An ea Smith-Walters, City Clerk w er �ese e incel�zs; Insurance Agency 05/21/2024 SERMI -'AGREEfMENT Thed' of'Canton(City)and K esewetter,lnsurance Agency.(agent)�agree that-the agent will serve anh-e"agentofrecord'? ral_the City's.Property and Casualty insurance coverages for the period of 1.2/1/2024through, 2/1/2027. The agent's role as"agent of record"is to service and administerthe City's,insurance coverages in a. professional manner and to negotiate the City's annual rehewal.coverages1 and pricing,The primary goa(willbe to manage:and-control insurance costforthe City while maintaining:tfe appropriate insurance:coverages.for:risk management:. In compensation for seruices rendered,pursuantto this agreement;the'agentwill 6e paid a comriission,a fee or a combination of fee.and commission,as-allowed by the insurance companies:. - 'vl Daniel <iesewetter .Kent McDowell. Kiesewetter.Insiarance.Agericy Mayor;City of Canton Date: -S ZI. 202�.._. Date: 11`5 East'Fort Street PO Box230, Farmington; IL 6153t;0239' Daniel C. Kiesewetter. Stephen E. Kiesewetter (309) 245=2434 www kie-sewetterins.com Fax:(309)245-2541