$4.32M

Pays $4.3M for excess property and liability coverage plus $888,000 for workers' comp coverage

The district will pay two insurance premiums for 2026-27. Northern California ReLiEF, a joint powers authority (JPA), is paid $4,318,365 for excess property and liability coverage for July 1, 2026 through July 1, 2027, through broker Keenan & Associates. The Public Risk Innovation, Solutions, and Management (PRISM) JPA is paid $888,000 for excess workers' compensation coverage.

Plain-English summary written by AI from the official text. AI summary · amounts checked against official text

Action
Other
Category
Legal, compliance & risk
Term
Jul 1, 2026 – Jul 1, 2027
This vote
$4,318,365
Resource / site
9030-987; 9031-987
Vendor no.
005123
Presented by
General Counsel
File
26-1263 · agenda D.-51
Outcome
Adopted, Jun 29, 2026

Official text

Approval by the Board of Education of payment of membership contributions (premium) to Public Risk Innovation, Solutions, and Management (PRISM), a Joint Powers Authority (“JPA”), for Excess Workers’ Compensation Coverage, for Fiscal Year 2026-2027, in the amount of $888,000.00 and payment of premium to Northern California ReLiEF (“NCR”) JPA, administered by Keenan & Associates, Torrance, CA (Broker), for Excess Property and Liability Coverage. for July 1, 2026 through July 1, 2027, in the amount of $4,318,365.00, respectively.

History

  1. Withdrawn
  2. Failed
  3. Not Discussed and/or Taken Up
  4. Adopted

Also on the agenda: Jun 10, 2026, Jun 24, 2026

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