[Adopted 2-22-1960; amended 7-17-1972]
There shall be in the Town of Plainville an Insurance Commission
of three resident electors appointed by the Town Council. Not more
than two members of the Commission shall belong to the same political
party. One member shall be appointed for the term of one year, one
for two years and one for three years, and thereafter all appointments
shall be for a term of three years, each member to hold office until
his successor has been appointed and has qualified. The original Commission
members shall commence their term on March 1, 1960. The Commission
shall serve without compensation and its necessary expenses shall
be paid by the Town. No member of the Commission shall participate
either directly or indirectly with the commissions to be received
from any contracts of insurance or bonds purchased by the Town of
Plainville. The Commission members shall appoint their own Chairperson
and Secretary. The Council shall determine whether any Commission
member is participating either directly or indirectly with the commissions
to be received and its decision shall be final.
It shall be the duty of the Insurance Commission to provide
and procure, on behalf of the Town of Plainville, its boards, commissions,
officials and employees, such contracts of insurance and bonds as
in its judgment are reasonably necessary to safeguard the interests
of the Town against loss or damage.
All contracts of insurance and bonds designating the Town of
Plainville or any of its agencies as sole beneficiary or joint beneficiary
with others shall be awarded, renewed or cancelled only by the Insurance
Commission.
All Town boards, commissions, officials and employees shall
provide the Insurance Commission in writing with an inventory of property
or other insurable risks within their jurisdiction or field of operation
and any changes in the status of the same as may occur from time to
time, together with such data relating to existing insurance coverage
as the Commission may request.
The Insurance Commission shall file each July with the Town
Manager and Town Council a complete list of such insurance and bonds,
containing data as to name of insurance or bonding company, policy
number, effective date, expiration date and nature and amount of coverage,
and shall maintain and keep current such a list properly filed and
catalogued.
The Insurance Commission shall work in cooperation with the
Town Manager and shall keep him informed as to what insurance policies
and bonds are in effect at all times.
The Insurance Commission shall aid any Town agencies upon request
in determining the amounts of bonds that should be required from any
contractors, subcontractors or developers or for any other reason
whatsoever.
Any insurance agent desiring to participate in commissions derived
from municipal contracts of insurance and bonds shall furnish the
Insurance Commission, for the purpose of clarification, eligibility
and commission allocation, such written data, with properly sworn
affidavit, as may be required on a form provided by the Insurance
Commission.
The Insurance Commission may, as occasion requires, provide
each insurer an official list showing the accrued net commission distribution
to participating insurance agents.
All bills for insurance and bond premiums shall be examined
and approved by the Insurance Commission prior to payment thereof.
The Insurance Commission shall prepare a budget setting forth
estimated costs for insurance and bond contracts for the various Town
agencies during the ensuing fiscal year and submit the same to the
Town Manager in time for inclusion in the regular annual Town budget
in accordance with the Charter.
The Insurance Commission shall recommend to any and all Town
agencies and officials such changes which in its judgment will result
in rate reductions or improved coverage.
