Legislation Details

File #: 24-994    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 6/26/2024 In control: County Administrator
On agenda: 7/9/2024 Final action: 7/9/2024
Title: Approval of the sufficiency of the public officials' bonds provided by Travelers Casualty and Surety Company and Liberty Mutual Insurance Company for all public officials currently holding office in Orange County, Florida. (Risk Management Division)
Attachments: 1. 2024-07-09 County Administrator Consent Item-07

Interoffice Memorandum

 

DATE: July 1, 2024

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: N/A

 

FROM: John Petrelli, Director

 

CONTACT: Susan Martin, Risk Management Administrator

 

PHONE: 407-836-9639

 

DIVISION: Risk Management Division

 

ACTION REQUESTED:

title

Approval of the sufficiency of the public officials’ bonds provided by Travelers Casualty and Surety Company and Liberty Mutual Insurance Company for all public officials currently holding office in Orange County, Florida. (Risk Management Division)

 

body


PROJECT:
N/A

 

PURPOSE: Section 137.05, Florida Statutes requires Board review and approval in January and June of each year of all Orange County public officials’ bonds.  Listed below are the bonds provided by Travelers Casualty & Surety Company of America and Liberty Mutual Insurance Company.

Name
                                                                                    Title                                                                                    Amount Of Bond
Jerry L. Demings                                          County Mayor                                                               $2,000
Nicole H. Wilson
                                          County Commissioner                     $2,000
Christine Moore
                                          County Commissioner                     $2,000
Mayra Uribe
                                                               County Commissioner                     $2,000
Maribel Gomez Cordero
                     County Commissioner                     $2,000
Emily Bonilla
                                                               County Commissioner                     $2,000
Michael R Scott
                                          County Commissioner                     $2,000
Philip A. Diamond
                                          Comptroller                                                               $5,000
Tiffany Moore Russell
                                          Clerk of Courts                                          $5,000
Scott Allen Randolph
                                          Tax Collector                                                               $2,000
Amy Mercado
                                                               Property Appraiser                                          $1,000

As of December 31, 2023, Travelers Casualty & Surety Company had an A.M. Best’s financial strength rating of A++, XV.  Liberty Mutual Insurance Company has a rating of A, XV.  The County also purchases a commercial crime policy that includes $1,000,000 in faithful performance of duty coverage for all elected officials.

 

BUDGET: N/A