FROM: James D. Herberg, General Manager
Originator: Lorenzo Tyner, Assistant General Manager
SUBJECT:
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OVERVIEW OF PROPERTY - LIABILITY INSURANCE
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GENERAL MANAGER'S RECOMMENDATION
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RECOMMENDATION:
Information Item.
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BACKGROUND
Staff will provide an informational presentation on the Orange County Sanitation District's (Sanitation District) major insurance policies. The process of renewal begins each January, and final quotes are typically received in June, shortly before the beginning of the new fiscal year.
The Sanitation District budget provides funds for the renewal of the following four (4) major insurances for Sanitation District operations:
1) Excess General Liability Insurance
The Sanitation District Excess General Liability Insurance Program is currently provided through the Alliant National Municipal Liability Program (ANML). The Sanitation District has participated in the ANML, and its predecessor namesake, the California Municipal Excess Liability Program (CAMEL) since FY 1996-97.
This program currently provides the Sanitation District with a $40 million dollar limit of comprehensive coverage for municipal liability, bodily injury and property damage, and personal injury. The program was structured to also include Employment Practices and Public Officials Errors & Omissions coverage. The $40 million dollar coverage has a self-insured deductible of $750,000. Since 1997, the Employment Practices portion of coverage has been enhanced from a $2 million dollar sub-limit to the full policy limit of $40 million dollars.
As part of the renewal process, the Sanitation District will look at various retention and coverage levels for the Excess General Liability Program that will provide the most effective coverage at the best value to the Sanitation District.
2) Excess Workers' Compensation
The Excess Workers' Compensation insurance coverage is with the Public Risk Innovation, Solutions, and Management (PRI...
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