HomeMy WebLinkAboutSummary Form00/20/2007 11.07 FAX 3054102075
A eNDA ITIM SUMplAgy KIRK
FILE ID: t `7 A (7, C
bete: van Requesting Departments Risk Management
Commission Meeting ate: van= District Impacted:
Types E Ri ssolutioa Ordinance ❑ Emergency Ordinance [] Discussion Item
❑ O her
Subject: iwn4 rq n. Inc. SettlepJyrjtk$mofFlorida D Ott •:! • 7 .;
Purpose of 1 tem:
A Resolution autho ' ' g the City Manager to Accept S64,96L38 and any permitted increase thereto
as the City's share of eettiernent proceeds and to execute the Release in substantially the attached
form, relate! to the Sc lemcni.
Z01
Backfrouad Information:
The Florida Attorney General, the Florida Department of Finaueiai Soviet's, and the Florida Office of
Lnsuranec Regulation instituted *joint investigation against Drown & Brawn, Inc, alleging that Brown
& Brown, hie. received undisclosed compensation from insurers in connection with insurance paliciss
sold to Florida governmental entity insurance polioybolder clients of Brown & Drown, Inc. from 1998
to 2005 and such Settlement requests such Florida governmental insurance polioylwlder clients of
Brown & Brown, Inc, to execute a releue, in substantially the attached form.
Indent hinge: Angveig
Is this item related to revenue?
is tiffs lien an expenditure? If so, please Identify [trading source below.
General Account No:
Spncfal Revenue Account No:
C!P Projeor No: ,.,..
, 1s title Item fu tied by Homeland Dcfeose/$etghborbond Improvement Bonds?
Start Up Ca;)ltal Cestt
Malntenincif Cost;
Total Flaeffd Impacts
CIF_ Budget
Grrants Rabin' cerlpR ism Risk Man apemen
Pardus' R Dept. Director
Chi City Manager,
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