INSURANCE AND SURETY COVERAGE

Omaha Municipal Code ch. 10, art. VII

in effect

Omaha Municipal Code § 10-221 Procurement of new coverage.

Sec. 10-221. - Procurement of new coverage. All insurance and surety coverage for the protection of the property of the city shall be procured as the city council shall, by resolution, direct. All such insurance and surety coverage shall be procured from companies licensed by the state to insure such risks of the types and amounts involved. (Code 1980, § 10-221)

Omaha Municipal Code § 10-222 Determination of types, amounts, etc.

Sec. 10-222. - Determination of types, amounts, etc. The city council shall, by resolution, determine the types, kinds and amounts of new or revised insurance or surety coverages, and shall specify in such resolution that such new or revised insurance or surety coverage be procured by competitive bid or direct placement. (Code 1980, § 10-222)

Omaha Municipal Code § 10-223 Comprehensive program.

Sec. 10-223. - Comprehensive program. The finance department shall recommend to the city council all new insurance and surety coverages and changes thereto required to provide a comprehensive, integrated insurance program for the city. The city council shall, by resolution, determine the insurance coverage necessary to protect the city and authorize the procurement of such insurance and surety coverages, as provided in section 10-222. (Code 1980, § 10-223)

Omaha Municipal Code § 10-224 Blanket bond authorized.

Sec. 10-224. - Blanket bond authorized. The finance department is authorized, pursuant to section 5.18 of the Home Rule Charter of the City of Omaha, 1956, to procure a blanket type fidelity bond for all city employees, including those of the city clerk's office and the public libraries, for the amount of $25,000.00. Such fidelity coverage shall be obtained from those organizations licensed by the state to insure such risks. (Code 1980, § 10-224)

Omaha Municipal Code § 10-225 Approval.

Sec. 10-225. - Approval. Any bonds, insurance policies or insurance policies filed in lieu of bonds, except those provided for in section 5.18 of the Home Rule Charter of the City of Omaha, 1956, which are required to be filed pursuant to the provisions of any ordinances now existing, shall be approved as to form by the law department, and by the director of the department concerned. (Code 1980, § 10-225)

Omaha Municipal Code § 10-226 Location for filing.

Sec. 10-226. - Location for filing. If any bond, insurance policy, or insurance policy filed in lieu of bond is or should be considered a part of a contract, it shall be filed with the department concerned; otherwise all such bonds, insurance policies or insurance policies filed in lieu of bond shall be filed in the office of the city clerk. (Code 1980, § 10-226)

Omaha Municipal Code § 10-227 Cancellation.

Sec. 10-227. - Cancellation. Any bond, insurance policy or insurance policy filed in lieu of a bond filed with the city, but no longer legally required, may be released from future coverage and future liability by the director of the department concerned. (Code 1980, § 10-227)

Omaha Municipal Code § 10-228 When bonds without surety permitted.

Sec. 10-228. - When bonds without surety permitted. Any license and permit bond, any occupation bond, and any liability and indemnity bond required by any provision of this Code or city ordinance to be furnished to or filed with the city by the Board of Regents of the University of Nebraska, a statutory corporation, or by any public utility having its principal place of business in this city, and being either a municipal corporation created by statute, or a public corporation and a political subdivision of the state, may be executed by such as principal without any surety thereon, provided there is attached to said bond a certified copy of a resolution of the Board of Regents of the University of Nebraska, or the board of directors of such public utility, authorizing and directing the execution of said bond and authorizing the representative or officer signing said bond to so execute said bond in behalf of said Board of Regents of the University of Nebraska, or public utility, and any such bond may be approved, received and filed by and with the city, notwithstanding any provision of any other ordinance requiring surety or sureties on bonds filed with the city. (Code 1980, § 10-228)

Omaha Municipal Code § 10-229 Aviation insurance—Police.

Sec. 10-229. - Aviation insurance—Police. Within 45 days the city shall publish a request for proposals for commercial aviation liability insurance for the police aviation unit, and have such insurance in force before "full operational capability" is declared. Such public liability insurance shall be in the minimum amount of $1,000,000.00 per person and $5,000,000.00 per occurrence for personal injury, and $200,000.00 for property damage. Such insurance shall protect the city, its agents, officers and employees from liability claims of other parties including the general public and arising out of the operation of any such police aircraft. Such insurance shall be procured by the finance department as provided in Section 5.18 of the Home Rule Charter. (Ord. No. 34047, § 1, 12-3-96)

Source: City of Omaha, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ne/omaha/codes/code_of_ordinances?nodeId=PTIIMUCO_CH10FI_ARTVIIINSUCOFetched: 10/28/2026