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Agenda - Council - 02/26/2008
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Agenda - Council - 02/26/2008
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3/19/2025 9:13:45 AM
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2/22/2008 10:19:50 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/26/2008
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Can we waive the statutory tort limits for the primary coverage but not for the excess <br />coverage? <br />No. If the city decides to waive the statutory tort limits, that waiver applies to the full extent of <br />the coverage limits the city has. The city cannot partially waive the statutory limits. <br />I'm confused. Is there a simple way to summarize the options? <br />It's not necessarily simple, but the table on the following page is a shorthand summary of what <br />the effect would be of the various coverage structure options in different circumstances. <br />I'm still confused. Who can I talk to? <br />Give us a call at the League office. Pete Tritz, Tom Grundhoefer, Bill Everett, Doug Gronli, or <br />any of LMCIT's property/casualty underwriters will be glad to talk with you. <br />123- <br />
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