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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