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HomeMy WebLinkAbout1993-03-18 - Board of Trustees Meeting Minutes Mr-1R Is 193 11:43 Rn5 INC. P. Risk. Management Services Ino. March is , 1993 Mr. Chris Russo Village Administrator The Village of Rye Brook 90 South Ridge Street Rye Brook, NY 10570 Dear Chris: RMS has obtained alternative quotations for the Workers Compensation insurance program renewing March 13 , 1993 .. There were two primary reasons for obtaining these i quotations; one was to reduce premiums and the other to - improve services such as claim handling and administration over what has been received to date. f The alternative programs are as follows: I. Lovell Safety Group A safety program using the State Fund as the funding mechanism i. e. insurance company. Each insured in this group gets up-front discounts as well as dividends at the expiration of the contract depending upon the experience of the group. Although the dividends are not guaranteed, it has been running 35% for the last 4 years . Lovell provides such services as safety engineering, claims administration and monitoring, rehabilitation services, surveillance, etc. It provides the services that the State Fund : . does not. ,•. 990 WESTBURY ROAD WESTBURY, NEW YORK 11590 . (516)333.7250 . FAX: (6i 777T: - MAR 18 193 11:49 RMS ZNk . p 3 i Mr. Chris Russo I March 18 , 1993 Page 2 E II. Lawrence Group r The Lawrence Group is exactly similar to the Lovell Group. The same services are provided as well as the up-front and expiring dividends. Lawrence Group has averaged 38 . 3% .1n dividends for the past 6 years . III. PERMA G The PERMA program is very similar to both of the f above with regard to services provided. The major difference between the options and the PERMA group is that PERMA does not have an insurance company as a funding mechanism. They pool premiums from their insured and use this to pay claims. The major concern with this program is the amount of surplus. Surplus is assets over liabilities i.e. net worth. PERMA does not have substantial surplus amounts and, therefore, is not considered a good alternative to the safety group described above. FINANCIAL COMPARISON Existing Program Lovell Lawrence Renewal Group Group PERMA Premiums $105, 104 $83 ,971 $87, 260 $113 , 271 Dividends (31, 489) (29 , 390) (32, 161) (37, 380) Fees - 8 , 397 3 , 359 2 , 421 TOTAL COST $73 , 615 $62 ,978 $58 ,458 $78 .312 With No Dividends $73 , 615 $92 , 368 $90, 619 $150, 651 MRRR IS '93 11:49 RMS INC. P.4 Mr. Chris Russo 1 March 18, 1993 Page 3 f The recommended alternative is the Lawrence Group because it has the best premium. However, RMS was advised by C. J. Pagano and Sons on March 11, 1993 that the Village could only enter the Lawrence Group on the renewal date of k March 13 , 1992 . Therefore, it is recommended that the 1 Lovell Safety Group program be accepted. Please advise if you should have any questions or need additional information. Bi.alcerely, A an H. Bader, CPcu, CMC & CEI President AHB/mc LOVELL SURVEY RESULTS BRZARCL7r7 MANOR Briarcliff Marc-.-- is happy with Lovell . They do receive loss runs and other reports on a regular basis . Paperwork is sent to Lovell who , in turn, sends the claim to State Insurance within two days . State Insurance still calls them directly to verify salary information and other information listed on the C-Z . There is no i time savings in assigning a claim number. If there are problems with a claim, they are handled through Lovell . occasionally has problems with State Insurance Fund claiming that a C-Z was never received on a claim . TUCKAHOE Tuckahoe has been with Lovell for two years and is happy with their servicei . They Isar= gotten rebates bac : . Loos runs .are received on a quarterly basis . Knows the amount of reserves set aside for certain cases . It is a pleasure to deal with Lovell safety Group with problems instead of dealing directly with state Insurance Fund. Refunds are slow. PLEASANTVILLE Pleasantville is satisfied with Lovell ' s services . They do receive loss runs on a regular basis . Their premiums are about a third lower than before . They offer excellent seminars on OSHA and Public works Programs . Lovell does on site visits . Pleasantville k hasn ' t had any problems with claims . NORTH CASTLE North Castle is satisfied wita Lovell ' s services . Lovell is more helpful than dealing directly with State Insurance Fund. If you have a problem with a claim, they take care of it for you . They investigate your loss runs to make sure that something that shouldn ' t be is still hanging around. You receive dividend checks . Lovell will work on lowering your experience modification if asked to d-, sT . T, ti:? lOnC -7i? Lo:+9_1 15 .a aFe_, Croton on Hudson has only been with Lovell since March 1 , 1993 . If you have any problems or questions regarding claims , you call Lovell and they deal with state Insurance. The selling point for them is the f::ture dividends . VILLAGE OF F'-'AC'C Village of N-. a =k started with Lovell in Sune 1_192 . T_1--y faal that it i3 t-,. _ _ , ,1 t � e'lal::d=? LOVB:l a ..e'"/1'7?� T�'..y 4iC+.:1.: rDt t='-� me what they thought of Lovell . BP.ONXV ILLE In the beginning Bronxville had problems with Lovell . Bronxville is now happy with their services . Lovell is very helpful with problem claims and they are a source of information. Lovell conducts safety checks and puts on seminars for DPW and the Police Department. Bronxville hasn' t gotten loss runs because they haven' t requested them. You still have to deal with state Insurance for certain things. C I i J MAR 15 '93 03:04PM LOVELL SAFETY MGT. UND. & SALES P.? 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(9141) 631.23414 COUNbtI r ROpeRTJ.RONIINI THOMAS R.CONST^aNX.JR eOAeRT W, srPNCCA• MAR"L.OAVIPO LARCHMONT OFFICE CONNECTICUT OFFICE JOHN C.POLERA LORI A,ALCSIQ• 1000 PALMCA AVENUE 460 9UMMER STMCET,ATII PLOOR MICIIACL".STANTON.JR. LANAA CORLANO• LANCMMOMT.MY 10336 STAMFORO.CT 06901 4""H P.ST.OMCC McO1MA F.XCU11 C (9,A( 634.OIOO (2OM 359.0606 ...� SNIAN O.MYROMY MENMCTHP POWCLL 'ALSO AO.."CD IN CT 409E A.STAROIOTTI• ♦ALdO AOM,TCq 1N NJ MARIAMMP AT[CICN MATHLEW M.NOP"INS March 12, 1993 Village of Rye Brook 90 South Ridge Street Rye Brook, New York 10573 Attn: Christopher Russo Village Administrator Dear Mr. Russe : our firm is pleased to apply for the position of Village Attorney for the village of Rye Brook. we would offer to provide those services on the following terms and conditions : i . An annual retainer of seventy thousand ($70, 000 .00) dollars payable in equal monthly installments of $5, 833 . 33 on or about the first day of each month commencing on April 1, 1993 , The term of this agreement shall be April 1, 1993 through March 31, 1994 . 2 . In return for this retainer, our firm will provide all counsel required by the Mayor, Board of Trusl-eAg, the Village Administrator, the Zoning Board of Appeals, the Planning Board, the Village Treasurer, the Village Assessor, the Village Clerk and such other, official parties as you and/or the village may direct , 3 , A member of our firm will attend all regular, special and executive sessions of the Board of Trustees and Planning Board, as may be . `�°�--^-;. We will also be available if, on a special need basis, an attorney is required at a particular meeting of or for consultation with the Zoning Board of Appeals, Architectural Review Board or other volunteer boards and committees. Our firm is prepared to schedule office hours on a weekly basis for consultations and continuity as follows : (a) one-half day at Village offices on Wednesday mornings, plus local Court time; and (b) Friday afternoons between the hours of 2 : 00 p .m. and 5 : 00 p .m. Y1Ji Gai y3 1L:�1L 'p V14 061 2404 M P a v '' 11�I X18 Village of Rye Brook 1 March 12, 1993 Page- 2 . 4 . In addition to attending those meetings, preparing for and providing counsel at same, the above retainer shall cover the following services rendered at the request of any of the parties referred to in 11211 , above : drafting and/or recodifying local laws and ordinances - written opinions and memoranda as requested by the above parti6a - drafting ordinary business documents, including 4 deeds, contracts, leases and the like - researching legal matters as requested - handling litigation matters in the local court , including all work on typical insurance and building code cases 5 . You will provide us with the following: reimbursement of all out-of-pocket expenses , including fees and expenses of witnesses, photo- graphs, printing and stenographer' s minutes , surveys, title reports, searches and appraisals . Whenever possible, our firm will present all such proposed expenditures to the Board of Trustees and/or the Village Administrator in advance - supplies as necessary reimbursement for our firm' s minor service related expenditures, including postage, photocopying not able to be done by the Village, and printing on briefs and appellate documents . Such will be presented without profit increments on the month following use. 6 . The foregoing services are based upon an estimate of nine hundred (900) billable hours over a twelve (12) month period. If the estimated hours are not exhausted, those excess billable hours will be credited towards any services referred to in 1171' below . If a combined total of the services provided in 116" and 070 do not exceed six hundred (600) hours, then our firm will refund that unexpired portion of our annual retainer. 7. Should the Village wish us to pursue a major research project or become a party defendant in a civil and/or criminal proceeding, or should the Village wish to seek redress as a party plaintiff or intervenor, our firm will prosecute or defend claims pursuant to the following additional fee schedule : Village of Rye Brook March 12 , 1993 Page 3 . 1 For all In-Court services at an hourly rate of $125 . 00 per hour. For all out-of-Court services at an hourly rate of "*110 . 00 per hour. 8 . Our firm pledges to use its best professional efforts on your behalf and as cost-effective methods as possible. In addition, all litigation matters will be reviewed in advance with both the Mayor and the Board of Trustees and the Village Administrator to determine the cost effectiveness of each litigation proposed or pending. 9 . The same litigation fee structura should be agreed to by any outside counsel as a condition of employment. In the unlikely event we are forced by circumstances to use outside counsel for nonlitigated matters, my respectful suggestion is they sign in advance a special retainer agreement with fee limits. If the foregoing is acceptable to you, please sign the copy of this letter and return it to me at your earliest possible convenience . Naturally, it will be necessary to appoint our firm Village Attorney and approve this retainer agreement by the appropriate resolution. A copy of this retainer agreement should be maintained as part of the official Village file for scrutiny and examination by your auditors and the State Department of Audit Control . Thank you for your consideration of our firm. I trust our services will be rendered to your complete satisfaction. Very truly yo s, 0 Y P III & SPENCER, ESQS. Obert PonzT Flip/bac Agreed and Accepted: THE VILLAGE OF RYE SPOOK By: