Pays 2020-21 insurance premiums: $605,000 for workers' comp coverage, $2,995,719 for property and liability
The district pays membership premiums for the 2020-21 fiscal year for two kinds of excess insurance. $605,000 goes to CSAC Excess Insurance Authority (a Joint Powers Authority, or JPA) for excess workers' compensation coverage, and $2,995,719 goes to Northern California ReLiEF JPA for excess property and liability coverage. Each is arranged through an insurance broker. The text states no combined total.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
- Vendor / partner
- CSAC Excess Insurance Authority; Northern California ReLiEF JPA
- Action
- Other
- Category Categories and sub-categories are assigned by AI from each item's official text, using a fixed set of definitions. They can be wrong. How categories work
- Legal, compliance & risk
- Term
- Jul 1, 2020 – Jun 30, 2021
- This vote
- $2,995,719
- Presented by
- Chief Systems and Services Officer
- File
20-1181· agendaP.-1- Outcome
- Adopted on the General Consent Report, Jun 24, 2020
Official text
Approval by the Board of Education of payment of membership contributions (premium), Fiscal Year 2020-2021, for Excess Workers’ Compensation Coverage, procured from CSAC Excess Insurance Authority, a Joint Powers Authority (JPA”), through Alliant Insurance Services, Inc., Newport Beach, CA (Broker), in the amount of $605,000.00 and for Excess Property and Liability Coverage through Northern California ReLiEF JPA, managed by Keenan & Associates, Torrance, CA (Broker), in the amount of $2,995,719.00, respectively.
History
- Adopted on the General Consent Report