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r <br />K <br />CITY OF ORONO <br />AGENT OF RECORD AGREEMENT <br />Duweyn P. Carlson of the Apple Valley Agency agrees to perform the following services for <br />the City of Orono: <br />1. The negotiation and placement of all the required insurance; <br />2. Information on relevant changes in insurance markets, products and services; <br />3. Asfistance in developing comprehensive insurance coverages; <br />4. <br />5. <br />6. <br />7. <br />8. <br />9. <br />Provide an insurance policy inventory and summary; <br />A complete accounting of commissions earned (direct only) on the account; <br />A cumulative five-year premium and loss record; <br />Prepare an allocation of premium by department as required by the City; <br />Loss exposure list and classification; up-dated annually; <br />Assist with all claims and losses; <br />10. Assistance in minimizing premiums; reviewing and auditing rating basis, <br />fonnulas, etc. <br />11. Assistance in loss prevention engineering and loss control; <br />12. Willingness to keep an in-agency record of looses including reserves established; <br />13. Assist the City in Risk Management program. <br />The fee for serv'ice for the Insurance Policy year 1995 will be $7,880.00 and will cover the <br />following; <br />1. Conduct an Exposure survey and prepare specifications <br />2. Obtain quotes <br />3. Review policies, billings and claims