ENROLLED ORIGINAL
A RESOLUTION
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IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
February 2, 2021
To declare the existence of an emergency with respect to the need to approve Contract No.
NFPHC-RSKM-21-C-00015 between the Not-for-Profit Hospital Corporation and Ascot
Underwriting Bermuda, LTD for the provision of Healthcare Professional Liability,
General Liability Physicians, and Excess Liability insurance coverage, and to authorize
payment for the services received and to be received under the contract.
RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
resolution may be cited as the Contract No. NFPHC-RSKM-21-C-00015 between the Not-for-
Profit Hospital Corporation and Ascot Underwriting Bermuda, LTD Approval and Payment
Authorization Emergency Declaration Resolution of 2021.
Sec. 2. (a) There exists an immediate need to approve Contract No. NFPHC-RSKM-21-
C-00015 (Contract) between the Not-for-Profit Hospital Corporation (Hospital) and Ascot
Underwriting Bermuda, LTD (Ascot) to provide Healthcare Professional Liability, General
Liability Physicians, and Excess Liability insurance coverage to the Hospital and to authorize
payment for the services received and to be received under this Contract.
(b) The proposed Contract seeks to provide Healthcare Professional Liability, General
Liability Physicians, and Excess Liability insurance coverage to the Hospital for the period
November 23, 2020, through November 23, 2021, in the amount of $3.353 million.
(c) Not only did the Hospital change its broker mid-year, but early proposals received
appeared to assess higher premiums due to COVID-19 standard increases for all hospitals,
instead of the Hospitals actual activity. Additionally, new tax rules in the District and Bermuda
necessitated a more coordinated review and reconciliation for a Clean Hands Certification to be
issued. But for these issues, particularly the time taken to ensure maximum contract value for
Hospital risk, the proposed Contract would have been timely transmitted to Council.
(d) Council approval is necessary as this Contract exceeds $1 million in a 12-month
period.
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ENROLLED ORIGINAL
(e) Council approval of the Contract is necessary to ensure that the Hospital remains
adequately and appropriately insured. Without this approval, Ascot cannot be paid for services
provided in excess of $1 million for the period November 23, 2020, through November 23, 2021.
Sec. 3. The Council determines that the circumstances enumerated in section 2 constitute
emergency circumstances making it necessary that the Contract No. NFPHC-RSKM-21-C-00015
between the Not-for-Profit Hospital Corporation and Ascot Underwriting Bermuda, LTD
Approval and Payment Authorization Emergency Amendment Act of 2021 be adopted after a
single reading.
Sec. 4. This resolution shall take effect immediately.
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