HomeMy WebLinkAbout2006-07-11; City Council; 18630; Renewal of Liability Coverage Through CAMELCITY OF CARLSBAD - AGENDA BILL
AB# 18,630
MTG. 7/11/06
DEPT. RM
TITLE: RENEWAL OF LIABILITY COVERAGE THROUGH
CALIFORNIA MUNICIPAL EXCESS LIABILITY (CAMEL)
PROGRAM
DEPT. HD.C —
CITY ATTY.
CITY
RECOMMENDED ACTION:
Approval of Resolution No. 2006-185 approving the renewal of liability insurance through
the California Municipal Excess Liability (CAMEL) program.
ITEM EXPLANATION:
The City participates in the Driver-Alliant CAMEL joint purchase program for liability
coverage.
Driver-Alliant negotiated a renewal for the program for 2006-07. The City's premium is
$299,037, a 3% decrease from last year's premium. While this is a small decrease, a lack
of capacity in the market (a relatively few number of carriers willing to provide the limits and
coverage in this program) is a continuing and significant impact on premiums for
governmental risks. In addition, the City's population and payroll have increased, two of the
major measures of loss exposure incorporated in the premium determination. A summary
of coverage is shown as Exhibit 2.
FISCAL IMPACT:
Sufficient funds are available in the Liability Fund to cover this premium. The Carlsbad
Municipal Water District and Housing and Redevelopment Agency are also insureds under
this coverage and contribute to the premium through the budget process.
EXHIBITS:
1. Resolution No 2006-185
2. Summary of Coverage
g DEPARTMENT CONTACT: Erin K. Letsch, (760) 602-2470, elets@ci.carlsbad.ca.us
IQ.
%
O
O
O
OO
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
RESOLUTION NO. 2006-185
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING THE RENEWAL OF
LIABILITY INSURANCE THROUGH THE CALIFORNIA
MUNICIPAL EXCESS LIABILITY PROGRAM (CAMEL1
WHEREAS, in 1999 the City became a member of the California Municipal Excess
Liability program (CAMEL) for purposes of obtaining liability coverage; and
WHEREAS, the City desires to renew its insurance through the Driver Alliant Company.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad,
California, as follows:
1. That the above recitations are true and correct.
2. That the renewal of liability coverage through the California Municipal Excess
Liability program effective July 1, 2006 to June 30, 2007 is hereby approved and the Finance
Director is authorized to issue a warrant in the amount of $299,037 for the payment of the
premium to the Driver-Alliant Company.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the
City of Carlsbad on the Hth day of July , 2006, by the following vote:
AYES: Council Members Lewis, Hall, Kulchin, Packard, Sigafq;
NOES: None
ABSENT: None
LO
(SEAL)
J_
^a•H
A
W
u> Iuj I
Sr! S> s* iUJ gon g
111 2
U >
O
t/i
0a.Ocfi
04
03
g
OOof i
verest National Insuraniw ANIMAL Program)*
_o
1co
+"<
o10 g
nancial Size Category 1reater than $2,000,000,1£ O
£,•c
u
A-ery Strong Financial Sedmitted< > <
[^oofN
r.
3
3
VOoo(N
3•—>
1.0
Uuc
fc3OCJog
c
O
>>«cess Municipal Liabiliua
?J3uCQ
£S
g
.2
>%U
1
43
II*O 'S1
u ,ctf3
^' >%siJ5
oc
Ma0
'c/len'so•%p
Property DamagePublic Officials Erroi&
iS
1j
fi
Employment PracticeEmployee Benefits«
1 CD «
O -D
gS4) 3
s-
o:
D
OO
z
HM
C
tmm
13
IB
0)
f>
T5
«
2t»&ouU-xU
iuMZa
^•<
o
M2
J lj
1? 1ai 3 gw N ^ uu — c «>
II B ia N?COz
ll
do g
£ "s &*
0 0 °•^ ^ W)o '^ i>
C3 ^ Cda. c oe s ., «OS »- NUH^ O twH
C T ^W C3 <U —Jy u Q. S
§ 1 5 1S § +" ar- ^ 'j .-N
£ O < UH
O0o^
Q"
oo^
riV)g_c-4-*
1ao
1
IDco
3
'o
tzooc2
CO
c*^C 4J
•0
•o<
oo(N
>,
3
2
oo(N
3 on an occurrenciS
1j
ess MunicipaluXU
I1
^"o Bodily Injury& Omissions0
u Uap Mco _•e ea
c3 'o
Qg
£°
«-S
2lCL, CU
1
w
o£Employment 1&(j3
£-1>CQs>%o
"3.
Eu
t«
1Q
3 v IN
«) 56 *C ? CO r-— -j <£) r-
™ o a?
= ;g £.
I|3a
O
o 'o ;
H
S
Q
Ou
u
a
ua
CO
H
09
*
HCO
Zfij
Ob.M
J
^U
u
Z
O
H
z
H
GC SILOInsationpeu.0<*H
£«aju
%_»cfln
O..C
8 ea
ination ex6
1
Cfl0>
<3
o_u
ISog
|
c3
<4-
O
1O
C
'M
2OQJ
"S
1
t*-o
Um
<L>O
<L>
.1
*•*-»
is
"8ts"S.g
8
OC-o
^§^_»
o
epper gasD.
f*cd§
t
•a
03
o
o 5 <u »j0 ^-g §e 81 a gO •*-« .i5 irt O
*$%3'*O ^Q £3 ra ^2-ir en o <1> ^£< tS as 8 llllillllliiiisl i
ft ^g 1a e-INSURANCE COMPANY OF THE STA(AMERICAN INTERNATIONAL GROIWorkers' CompensationAsbestos• •
B ot- **(A <u
Pollution/Contamination except for:Heat, smoke or fumes from a hostilecollision upset/overturn of automobil•
t) <5
.slf
8 sa R
equipment; police use of mace, oleorcapsicum (OC), pepper gas or tear gselement extension and products and <a_o
operationsEminent Domain/Inverse Condemnai•
S is
fr S..2, s
(Except does not apply to physical indestruction of tangible property)Airports - Exclusion does not apply i•
^c3<U
UNO
"S1
•o"
g
1
2ogp
^^ittS D- CL
•Nuclear materialw
Failure to supply exclusion amendedEffecting or failure to effect insurancERISAFinancial interestsDams except as endorsedU4O
t/DQ
Exposure or transmission of HIV, AIAIDS related complexMedical Malpractice except for:a §M 'o
S'5
Occupational exams, paramedics, amoperations or emergency medical tec!first aid to any persono2
"8
orj
PROPOSEDATIONAL INSURANCE <fc
Ht/>W0£W>ANIMAL PROGRAM)-X
u
"8X*a1
o-o<u1u^
•«_»&u><:£
4^
1H
«^*^«t-tu
"e3
^
•a1SLO
O11> 1>
n "°° -w1 y^tn 3-S <*>§•«-c SO CO<% J
03
|
CX/_^
en ^^is
i!H.Icu j-!l
S"rt0 CX Ow -Ss—/ '*~t<:252 2
f~* C3 Underinsured Motorist^Si3en
'SD Per Occurrenceoooo"oo,o"
.§4
Annual Aggregate appseparately for Productso
o
0oo"
u
Completed Operations.V|x ^J_lC 03W -5CD *J
Omissions, Employee !Employment PracticescurrencePer OccEPLI SIO O c,_O O rao o So" o" uO O £i
V °, S3— o
o
w
.3•f-t
o8>*1<s
s reporting requiremenued policyo -a PremiumAnnr~-mo
oCON(N
H
Wcc
^]»^i
&H
faO
§
5C
HH
HfaO
>z•<NCE COMl'NSURA<|
£O06
Oj<zo
H•<JT
tdH
H—
•<u
AMERI(-.o
"8X«3
O
O
"8S2o•§cuen03
S.8S^-»
H
1
1"3
^
"810>D.Oi*O
1
O1tn
|
UC/3 SubsidenceT3g <2
W3 «
IIS3 Z
3!U aX -aU M
81.•^ — **3 u aSaoS &U
« <5 S o2 u -° fc1 « « 1 3 2
llHIl
,!l!!l!g ^<sow^ g
§<-*! 3 1'5 So _- u t5 .0 >, ts .0o 3 |fs •![?.§
£< i"uol II
o oo oo oo" o"o oo oo" o"
1
s
8u O
g 53
fc^i oi8Eo
23fe OHCU W
<*-00 -3o o 2 u00 -g u
o" o" xi 5o o _ Si
"> °, 0 g
fDC3
o^requirements appl>.s.at; "5Ifen 3Sen.2 nual Premium|
ooooe"o
5
O
I/!
o -5
Z
> RETENTIOa£3
i
tfc
UCC REEMENT:O•<
O
i3(/>Z RIGGER:H
U
3
£U
ou
n
[NISTRATKO<
V)
<
U
sucfio,
Hssoa.uO
oa.a.E
s3
•<
u
i
<
oI
H
^ IJ I
M O
s1 emNo - Fce5%Includeed on payrolYesH
3D
i
H<JHi1/3
O § hQ
£§ ^DeiceI-
&>
'2 5* */2
ti &? (4 oi*2 8*•§•5 £ S!!* i*t_6 §?<»^ . • -5 ss
l||i
§8-1 v:8 «^.S^ us H
JM« a 2 »,sa-rsS<u •-•!») 5
arily paid by the insurance carrier as a percentage of the premium. In addition to comp,also receive compensation for additional services provided to either the client or thecost of the insurance offering. These additional services could include, but are not limitvices, appraisal services, and other services provided to either the client or the insureing, any services contracted for by the client directly will be invoiced accordingly.nmissions are custom,a related entity, may', it is included in theices, loss control serof the insurance offenAgent or broker cotbrokerage firm, orcompensation existsadministration servincluded in the cost.5
•1
•g
'?
^3
s;
^>
?!6b5!
i01
ent otherwise, the brokerage firm may also receive income as a result of a contingent"u
1
£
13
§2!'S
^Except as specificaicarriers.<Q-
<N
Si
1
sf1
s?"•OQ-^
^f*"!"•^itten request directed to: Attention Chief Operating Officer, Alliant Resources Group Inc1
1
§•
5J
1
•S
Further informationBeach CA 92660.|<*^o>
i3o
13
^
^bot
"1§
£•a
and financial strength is a task that requires specialized skills and in-depth technical wover-all performancend operations.Analyzing insurers 'company finances a.•8 g
§^1^"B»§5>^sS^si» «^ S
^ 5•< R^•s•s a
0 gi»».?
14!ynt Insurance Services, Inc. typically rely upon rating agencies for this type of market anareafor many decades, utilizing a combination of quantitative and qualitative analysis oftes such as Driver All'uvstry leaders in this aiInsurance brokeragiPoor have been ind\their ratings.goo
1
|Q
3:
|«^Q
g
arly 6, 000 Life/Health, Property Casualty and International companies. You can visit the,tensive database ofne•x.&3£s
?r financial strength ratings visit Standard and Poor 's website at www. insure, com/ratings/prof,tess in California, visit the California Department of Insurance website at ww\v.insurance.ca.%<nation regarding insuncompanies doing busirA.M. Best has an ex,For additional infornTo learn more aboutI1