Title
Auto Liability Claim Settlement - Approval
History
On December 12, 2016, the Village was plowing in the area of Wolf and Brook Hill Drive when the plow truck and another vehicle collided with each other. The other vehicle, owned by Michael Foley of Orland Park, had $10,671.68 in damages. Mr. Foley has requested the Village reimburse him for the repair costs. The Village’s claims administrator, CCMSI, recommends offering a compromise settlement of 50%. If CCMSI were to defend this case, the costs would be approximately $8,000.
Financial Impact
Funds are available in the Insurance Fund for the payment of the settlement agreement.
Recommended Action/Motion
I move to approve the settlement in the amount of $5,335.84.