---
date: 2025-06-16
title: City Council Special Called Meeting Agenda Packet
source: 2025-06/2025-06-16_City Council Special Called Meeting_Agenda Packet.pdf
pages: 1
---

STOCKBRIDGE SPECIAL CALLED MEETING
CITY COUNCIL Agenda
Mayor
June 16, 2025 4:00 PM
Anthony Ford

Mayor Pro Tem LaKeisha Gantt
District 1

Councilmember Alphonso Thomas
District 2

Councilmember Kyle D. Berry, Sr
District 3

Councilmember Yolanda Barber
District 4

Councilmember Elton Alexander
District 5

CITY MANAGER

Vacant

STOCKBRIDGE CITY HALL
CITY CLERK
4640 NORTH HENRY BLVD.
Vanessa Holiday
STOCKBRIDGE, GA 30281
CITY TREASURER Website: www.stockbridgega.org
Frank Milazi
Phone: 770-389-7900

CITY ATTORNEY
Fax: 770-389-7912

Quinton G. Washington Translation and Interpretation Services are available with (7)
days prior notice. Please contact the City’s HR Manager at
770-389-7908 for assistance.
AGENDA
SPECIAL CALLED MEETING
CITY OF STOCKBRIDGE
MONDAY, JUNE 16, 2025 4:00 PM

CALL TO ORDER

ROLL CALL

ADOPTION OF THE AGENDA

NEW BUSINESS
1 Council consideration to approve the 2025 -2026 Liability Insurance Policy.

EXECUTIVE SESSION (Exemptions to the Georgia Open Meetings Acts)
2 To discuss or deliberate upon the appointment, employment, compensation,
hiring, disciplinary action or dismissal, or periodic evaluation or rating of a
public officer or employee; O.C.G.A. §50-14-3 (6).

ADJOURNMENT
City of Stockbridge

2025 Property & Casualty Insurance
Executive Summary

Matt Simmons | Senior Director Public Sector Practice
Daniel Duhart | Public Sector Broker

May 12, 2025

ajg.com
©2025 Arthur J. Gallagher & Co. All rights reserved.
Executive Summary Agenda

➢ About Gallagher

➢ Gallagher’s CORE360 Approach to Risk Management

➢ Insurance Market Results

➢ Renewal Results

➢ Thank You for Your Business

City of Stockbridge - 2025 Insurance Executive Summary
©2025 Arthur J. Gallagher & Co. All rights reserved.
About Gallagher
Gallagher administers a full array of insurance, risk management, self-insurance, claims management, and employee
benefit products and services. Areas of industry specialization include higher education, healthcare and senior living,
life sciences, construction, media and entertainment, public entity, and real estate.

1927 39,000+ 850+ 150 $6.9B 28+
FOUNDING EMPLOYEES OFFICES IN COUNTRIES SERVED REVENUE INDUSTRY
YEAR WORLDWIDE 68 COUNTRIES (2021) PRACTICES

To support these market segments, we have developed coverage specialties that include Surety, Property, General
Liability, Employee Benefits, Executive Lines, Workers’ Compensation, Cyber Liability, Fine Arts, Aviation, Foreign Liability,
Marine, and Owner- and Contractor-Controlled Insurance Programs, among others.

Gallagher is comprised of several divisions: all working in tangent to provide you with the best services possible
depending on your unique needs. Our primary US divisions are:

City of Stockbridge - 2025 Insurance Executive Summary P a g e |2
©2025 Arthur J. Gallagher & Co. All rights reserved.
Gallagher’s CORE360® Approach to Risk Management

The goal of our CORE360® approach is to optimize your total cost of risk.

We accomplish this goal by adhering to a comprehensive and well-organized process, under which we discuss
each CORE360 cost driver, beginning with Insurance Premiums and ending with Contractual Liability.

The intended result is to drive value to each of your six cost drivers, which represents your total cost of risk.

INSURANCE PREMIUMS UNINSURED & UNINSURABLE LOSSES

Cost for all your existing insurance policies. Potential or actual costs of any risks you
It also includes our compensation as your knowingly or unknowingly leave uninsured
broker. or uninsurable.

PROGRAM STRUCTURE LOSS PREVENTION & CLAIMS

How the individual pieces of your program Your participation in a loss, and how you
work together, as well as how you balance minimize costs through appropriate loss
your risk appetite against your loss prevention programs and claims
experience. management.

COVERAGE GAPS CONTRACTUAL LIABILITY

Potential costs from any gaps in existing Costs resulting from the unsuccessful
policies, such as sub limits, removable transfer of risk to, or assumption of
exclusions and extensions of coverage. uninsured liability from, a third party.

City of Stockbridge - 2025 Insurance Executive Summary P a g e |3
©2025 Arthur J. Gallagher & Co. All rights reserved.
Insurance Market Report – April 2025
2025: Navigating a Stabilizing Yet Evolving Insurance Landscape

The property and casualty insurance market has entered 2025 with a greater sense of stability, offering a welcome
respite for buyers after recent turbulent years. However, economic headwinds remain a significant concern,
particularly the ongoing uncertainties surrounding US tariffs, inflation, and interest rates.

The insurance industry’s strong capital reserves, coupled with the widespread remediation of underwriting
portfolios, have bolstered carrier stability and financial strength. This improvement reflects the impact of prior rate
increases and portfolio adjustments aimed at better aligning their books of business with anticipated claim costs.

Carriers are still closely monitoring the persistent challenges of social inflation and climate change. To navigate this
evolving environment effectively, buyers should maintain close communication with their brokers to understand
potential shifts in their carriers’ capacity, pricing, and appetite.

At a Glance
Property: The commercial property insurance market is in a strong position, with insurers looking to grow in 2025, driven
by profitable property underwriting results, higher investment returns, strong premium growth, and reduced inflationary
pressures. Although the market favors insureds, insurers will continue to differentiate them by risk profile and underwrite
them accordingly.

Casualty: The commercial casualty insurance market's response to ongoing challenges persists into 2025, with
continued rate increases, limit compression, and/or more restrictive policy terms for many insureds. Insurer carriers are
working to address these long-standing challenges, especially within the commercial auto and umbrella/excess sectors,
as insurers work to address long-standing issues.

Cyber: As threats increasingly turn into claims, the cyber insurance market continues to grow. Insureds continue to invest
in resources to prevent incidents by implementing cyber-security controls such as multi-factor authentication (MFA). This
has helped to keep premiums steady even as cyber incidents continue to climb in number and cost.

D&O: It’s game on for D&O carriers as they continue to compete for business by reducing premiums and offering
coverage enhancements, given the abundant amount of D&O capacity in the marketplace.

What is Impacting Market Conditions?

Social Nuclear Climate Political Cyber
Inflation Verdicts Change Violence Risk

City of Stockbridge - 2025 Insurance Executive Summary P a g e |4
©2025 Arthur J. Gallagher & Co. All rights reserved.
Renewal Results
Expiring Program Proposed 2025-26 Analytics

Proposed Exposure Premium Net Rate
Line of Business Expiring Program Retention Rating Basis Premium Retention Rating Basis Premium
Program Change Change Change

Primary Package Travelers Travelers
Auto Liability $1,000,000 $0 142 $177,870 $1,000,000 $0 178 $256,244 25.4% 44.1% 18.7%
Auto Physical Damage Comp & Collision $1,000 140 $108,579 Comp & Collision $2,000 178 $105,888 27.1% -2.5% -29.6%
General Liability $1,000,000 $0 $26,711,635 $67,615 $1,000,000 $0 $29,239,311 $81,470 9.5% 20.5% 11.0%
Law Enforcement Liability $1,000,000 $5,000 64 $39,498 $1,000,000 $5,000 64 $53,323 0.0% 35.0% 35.0%
PE Management Liability $1,000,000 $5,000 $26,711,635 $18,680 $1,000,000 $5,000 $29,239,311 $20,040 9.5% 7.3% -2.2%
Employment Practices Liability $1,000,000 $10,000 $26,711,635 $38,463 $1,000,000 $25,000 $29,239,311 $50,133 9.5% 30.3% 20.9%
Umbrella $5,000,000 $10,000 $26,711,635 $15,278 $5,000,000 $10,000 $29,239,311 $23,778 9.5% 55.6% 46.2%

Property Travelers $75,227,037 $122,341 Travelers $80,093,122 $150,936 6.5% 23.4% 16.9%
All Risk / Blanket $75,227,037 $5,000 $0.1626 $79,291,722 $5,000 $0.1885 15.9%
Flood* $1,000,000 $50,000 $1,000,000 $50,000
Earthquake $1,000,000 $50,000 $1,000,000 $50,000
Equipment Breakdown $75,227,037 $5,000 $79,291,722 $5,000

Inland Marine Travelers $2,666,935 $19,345 Travelers $2,668,615 $19,354 0.1% 0.0% 0.0%
Miscellaneous Scheduled Items $311,722 $1,000 $311,722 $1,000
Contractors Equipment $2,666,935 $1,000 $2,668,615 $1,000

Cyber Liability Beazley $26,711,635 $34,340 Beazley $29,239,311 $34,340 9.5% 0.0% -9.5%
Data Breach Response $3,000,000 $25,000 $3,000,000 $25,000
Security Liability $3,000,000 $25,000 $3,000,000 $25,000
Ransomware $3,000,000 $25,000 $3,000,000 $25,000

Crime Travelers 168 $5,676 Travelers 168 $5,676 0.0% 0.0% 0.0%
Employee Dishonesty $500,000 $1,000 $500,000 $1,000

Pollution - Premesis Chubb $10,733 Chubb $12,483
Per Occurrence $1,000,000 $25,000 $1,000,000 $25,000

Hiscox Hiscox
Terrorism & Sabotage $76,253,731 $10,000 $76,253,731 $11,438 $78,511,343 $10,000 $78,511,343 $12,249 3.0% 7.1% 4.1%
Active Shooter $1,000,000 $10,000 $5,554 $1,000,000 $10,000 $5,947

Grand Total $675,410 $831,861 14.7% 23.2% 8.5%

City of Stockbridge - 2025 Insurance Executive Summary P a g e |5
©2025 Arthur J. Gallagher & Co. All rights reserved.
Thank You for Your Business

We have enjoyed our partnership and appreciate the continued time, support and confidence you have placed in us as
your risk management team. This past year has been successful as evidenced by your scorecard. Your total cost of risk
is being impacted favorably and our strategy for this upcoming renewal continues to focus on ways to improve this
positive impact on your profitability. Thank you.

Legal Disclaimer
Gallagher provides insurance, risk management and consultation services for our clients in response to both known and unknown risk exposures. When providing
analysis and recommendations regarding potential insurance coverage, potential claims and/or operational strategy in response to national emergencies (including
health crises), we do so from an insurance/risk management perspective, and offer broad information about risk mitigation, loss control strategy and potential claim
exposures. We have prepared this commentary and other news alerts for general informational purposes only and the material is not intended to be, nor should it
be interpreted as, legal or client-specific risk management advice. General insurance descriptions contained herein do not include complete insurance policy
definitions, terms and/or conditions, and should not be relied on for coverage interpretation. The information may not include current governmental or insurance
developments, is provided without knowledge of the individual recipient’s industry or specific business or coverage circumstances, and in no way reflects or
promises to provide insurance coverage outcomes that only insurance carriers control. Gallagher publications may contain links to non-Gallagher websites that are
created and controlled by other organizations. We claim no responsibility for the content of any linked website, or any link contained therein. The inclusion of any
link does not imply endorsement by Gallagher, as we have no responsibility for information referenced in material owned and controlled by other parties. Gallagher
strongly encourages you to review any separate terms of use and privacy policies governing use of these third party websites and resources. Insurance brokerage
and related services to be provided by Arthur J. Gallagher Risk Management Services, LLC (License Nos. 0D69293 and/or 0726293). For Institutional Use Only.
Not for Public Distribution. Consulting and insurance brokerage services to be provided by Gallagher Benefit Services, Inc. and/or its affiliate Gallagher Benefit
Services (Canada) Group Inc. Gallagher Benefit Services, Inc., a non-investment firm and subsidiary of Arthur J. Gallagher & Co., is a licensed insurance agency
that does business in California as “Gallagher Benefit Services of California Insurance Services” and in Massachusetts as “Gallagher Benefit Insurance Services.”
Investment advisory services and corresponding named fiduciary services may be offered through Gallagher Fiduciary Advisors, LLC (GFA), an SEC Registered
Investment Adviser. GFA may pay referral fees or other remuneration to employees of AJG or its affiliates or to independent contractors; such payments do not
change our fee. GFA is a limited liability company with Gallagher Benefit Services, Inc. as its single member. Securities may be offered through Triad Advisors,
LLC (Triad), member FINRA/ SIPC. Certain appropriately licensed individuals of Arthur J. Gallagher & Co. subsidiaries or affiliates, excluding Gallagher Fiduciary
Advisors, LLC, offer securities through Triad. Triad is separately owned and other entities and/or marketing names, products or services referenced here are
independent of Triad. Neither Triad, Arthur J. Gallagher & Co., GFA, their affiliates nor representatives provide accounting, legal or tax advice. World’s Most Ethical
Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC. Arthur J. Gallagher & Co. has been recognized as one of the
World’s Most Ethical Companies® in 2010, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023.
© 2023 Arthur J. Gallagher & Co. | ajg.com CRP44127

City of Stockbridge - 2025 Insurance Executive Summary P a g e |6
©2025 Arthur J. Gallagher & Co. All rights reserved.
City of Stockbridge
MEETING DATE
AGENDA ITEM
May 12, 2025 FUNDING SOURCE
X RESOLUTION GENERAL FUND
ORDINANCE FUND BALANCE
CONTRACT APPROVAL/RENEWAL SPLOST or TSPLOST
PUBLIC HEARING ARPA
PRESENTATION GRANT
BID SELECTION/AWARD HOTEL/MOTEL TOURISM
TASK ORDER COUNCIL INITIATIVE
CHANGE ORDER PARTNER/SPONSOR
BUDGET AMENDMENT DEPARTMENT FUND BALANCE
BUDGET TRANSFER BONDING
PAYMENT APPROVAL ACCOUNT TRANSFER FROM:
OTHER ACCOUNT TRANSFER TO:

PRESENTER:
Daniel Duhart/Najaa Hammonds
DEPARTMENT: Human Resources
ITEM/PROJECT/EVENT:
Council consideration to approve the 2025 General and Liability Insurance for the City.

BACKGROUND INFORMATION:

APPROVALS: CITY MANAGER___________________________ FINANCIAL IMPACT N/A
CITY TREASURER____________________________________ AMOUNT $
CITY ATTORNEY____________________________________ 831,861.00
GRANTS ADMIN.___________________________________ ATTACHMENTS:
ITEM/PROJECT/EVENT:

BACKGROUND INFORMATION:

STAFF RECOMMENDATION:

It is staff's recommendation that Council approve the annual premium for the city's general, liability and prop

Staff Signature______________________________
