Doing the same here too. Looking at possibly reducing limits or removing some excess layers to minimize cost. Getting ready to put a broker RFQ out on the street in April. Moving
from commission fee to fixed fee. Also including the OCIP as a part of the package and moving the organization from GL only to full OCIP and additional lines to control the cost better.
Be magnificent,
Edward K. McDonald III, MSc, BBA, RIMS-CRMP, C.M., A.C.E.
Assistant Vice President
Office of Risk Management
Office: 615-275-1715
Cell: 615-948-9402
One Terminal Drive, Ste. 501
Nashville, Tennessee 37214
FLYNASHVILLE.COM
From: Porter, Jimmy <James.Porter@portofportland.com>
Sent: Thursday, March 26, 2020 10:47 AM
To: Tamika Puckett <Tamika.Puckett@cityofchicago.org>; McDonald, Edward <Edward.McDonald@flynashville.com>; 'cgilbert@dfwairport.com' <cgilbert@dfwairport.com>; Deloach, Jerry L <jeldeloach@AtlantaGa.Gov>
Subject: RE: Insurance Recovery Options
CAUTION: This email originated from outside your organization. Exercise caution when opening attachments or clicking links, especially from unknown senders.
FYI , also re-visiting my FY21 insurance premium budget ,Covid-19 will be a game-changing event in aviation insurance
☹
Jimmy Porter
Sr. Risk & Insurance Analyst
Port of Portland
T: 503-415-6428 |
James.Porter@PortofPortland.com 7200 NE Airport Way | Portland, OR 97218
From: Tamika Puckett <Tamika.Puckett@cityofchicago.org>
Sent: Thursday, March 26, 2020 8:29 AM
To: Porter, Jimmy <James.Porter@portofportland.com>; 'edward.mcdonald@flynashville.com' <edward.mcdonald@flynashville.com>; 'cgilbert@dfwairport.com'
<cgilbert@dfwairport.com>; Deloach, Jerry L <jeldeloach@AtlantaGa.Gov>
Subject: RE: Insurance Recovery Options
EXTERNAL EMAIL:
Perfect! Thanks for sharing your approach. I will definitely be pulling from these tactcis to ensure I maximize our recovery opportunities.
Tamika Puckett
Chief Risk Officer
City of Chicago - Office of the Mayor
(o) 312.744.5201
(c) 312.720.6247
From: Porter, Jimmy <James.Porter@portofportland.com>
Sent: Wednesday, March 25, 2020 6:36 PM
To: Tamika Puckett <Tamika.Puckett@cityofchicago.org>; 'edward.mcdonald@flynashville.com' <edward.mcdonald@flynashville.com>; 'cgilbert@dfwairport.com'
<cgilbert@dfwairport.com>; Deloach, Jerry L <jeldeloach@AtlantaGa.Gov>
Subject: RE: Insurance Recovery Options
Hi Tamika,
My broker and I went thru the Port policies and we found , Communicable Disease: $500,000 Per Occurrence under the Property policy .In order to use it there has to be a mandate civil authority , mandating
the Port take action . The Governor has mandated issued Executive
Order 20-12 , directing everyone in Oregon to stay at home to the maximum extent possible and adding to the list of businesses that will be temporarily closed to stem the spread of COVID-19 in Oregon. The mandate forced a number of PDX tenents to
close shop and now we have a loss of revenue to make a claim . So far I have our Property policy and Fema on notice . If you have a Pollution policy I would check that .
Loving Risk Management
😊
JP
Jimmy Porter
Sr. Risk & Insurance Analyst
Port of Portland
T: 503-415-6428 |
James.Porter@PortofPortland.com 7200 NE Airport Way | Portland, OR 97218
From: Tamika Puckett <Tamika.Puckett@cityofchicago.org>
Sent: Wednesday, March 25, 2020 2:49 PM
To: 'edward.mcdonald@flynashville.com' <edward.mcdonald@flynashville.com>; Porter, Jimmy <James.Porter@portofportland.com>; 'cgilbert@dfwairport.com'
<cgilbert@dfwairport.com>
Subject: Insurance Recovery Options
EXTERNAL EMAIL:
Hi Guys!
I hope you all are faring well in these crazy times. I know you are super busy...aren't we all. It just hit me that I am surrounded by such intelligent professionals who I can use
as a resource.
Are you seeking any business interruption coverage resulting from this occurrence. For example, concessionaires are closing or reducing hours; this could/will impact the MAGs (depending
on how the contracts are written). Is the loss of income potentially recoverable under the property policy? Are you guys putting carriers on notice? Also, are you seeking recovery for income losses related to the halt of international travel? Anything I’m
missing that I could seek coverage for?
I think our policy has a small sublimit for Communicable Disease and a 48 hr waiting period for Civil Authority (Midway closure). I have my Insurance RM looking into it; wanted to
see what you guys were doing. Let me know.
Thanks for your help!!!
Tamika
_______________________________
Tamika Burgos Puckett
Chief Risk Officer
City of Chicago – Office of the Mayor
121 North LaSalle Street | City Hall - Room 509
Chicago, Illinois 60602
(312) 744-5201 (office) | (312) 720-6247 (cell)
www.chicago.gov |
tamika.puckett@cityofchicago.org
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