PORT OF SEATTLE
MEMORANDUM
COMMISSION AGENDA - STAFF BRIEFING
Item No.
Date of Meeting

7b
June 28, 2011

DATE:

June 3, 2011

TO:

Tay Yoshitani, Chief Executive Officer

FROM:

Jeff Hollingsworth, Risk Manager

SUBJECT:

Briefing on the Port Property Insurance Renewal for the Policy Year Beginning
on July 1, 2011.

BACKGROUND
This briefing is on the upcoming Port's property insurance renewal. The Port's current property
policy expires on June 30, 2011. The Port is in the process of finalizing the purchase of this
coverage for the policy year starting on July 1, 2011 and expiring on June 30, 2012.
BRIEFING OUTLINE
The Commission presentation will focus around the following items:


Property Insurance Program Re-Cap



Structure of Property Insurance Program



Property Insurance Cost Factors



Insurance for Capital Projects



Property Insurance Challenges



Renewal Projection for July 1, 2011

OTHER DOCUMENTS ASSOCIATED WITH THIS BRIEFING:
PowerPoint presentation