Item 7c Memo

PORT OF SEATTLE 
MEMORANDUM 

COMMISSION AGENDA  STAFF BRIEFING 
Item No.      7c 
Date of Meeting    June 23, 2009 
DATE:    June 23, 2009 
TO:      Tay Yoshitani, Chief Executive Officer 
FROM:     Jeff Hollingsworth, Risk Manager 
SUBJECT:   Briefing on July 1, 2009 Port Property Insurance Renewal 
BACKGROUND 
This briefing is on the upcoming Port's property insurance renewal. The Port's current property 
policy expires on June 30, 2009. The Port during the month of June will be both selecting a
broker and finalizing the purchase of this coverage for the policy year starting on July 1, 2009
and expiring on June 30, 2010. 
BRIEFING OUTLINE 
The Commission presentation will focus around the following items: 
Expiring Property Insurance 
Structure of Property Insurance Program 
Property Insurance Cost Factors 
Property Insurance Challenges 
Earthquake Insurance Discussion 
Renewal Projection for July 1, 2009

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