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06-18-2019 - Item 10 - Consideration of Membership In The California State Associatioin of Counties Excess Insurance AuthorityAGENDA ITEM NO. 10 AGENDA STAFF REPORT City of West Covina | Office of the City Manager DATE:June 18, 2019 TO:Mayor and City Council FROM:David Carmany Interim City Manager SUBJECT:CONSIDERATION OF MEMBERSHIP IN THE CALIFORNIA STATE ASSOCIATION OF COUNTIES EXCESS INSURANCE AUTHORITY RECOMMENDATION: It is recommended that City Council take the following action 1.Authorize the City's withdrawal from the Big Independent Cities Excess Pool (BICEP) effective June 30, 2019; 2.Authorize the City to join the California State Association of Counties (CSAC) Excess Insurance Authority for Excess Liability G L-1, Optional Excess Liability and Excess Workers' Compensation Programs; 3.Authorize the Interim City Manager or designee to execute the related Joint Powers Agreements and Memorandums of Coverage for the EIA Excess Liability G L-1, Optional Excess Liability and Excess Workers' Compensation programs; 4.Designating the City Manager or designee to act in all matters relating to the member and the Joint Powers Authority; and 5.Adopt the following resolutions: RESOLUTION NO. 2019-52 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, ESTABLISHING MEMBERSHIP IN THE CALIFORNIA STATE ASSOCIATION OF COUNTIES EXCESS INSURANCE AUTHORITY RESOLUTION NO. 2019-51 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, DECLARING SPECIFIC VOLUNTEERS TO BE EMPLOYEES FOR THE PURPOSE OF WORKERS' COMPENSATION AND INSURANCE LAW BACKGROUND: The Big Independent Cities Excess Pool (BICEP) Joint Powers Authority was established in 1988 in accordance with the California Government Code. The goal of BICEP is to provide member agencies competitive and stable insurance coverage by pooling risk and insurance purchases among medium-to-large Cities. BICEP was formed as a result of the municipal liability insurance crisis of 1985-86, when Cities had difficulty purchasing affordable coverage in the traditional insurance marketplace. Membership in the Big Independent Cities Excess Insurance Pool is declining. There were six- member cities (Huntington Beach, Santa Ana, West Covina, Oxnard, San Bernardino and Ventura). San Bernardino has since withdrawn from BICEP. Due to declining membership, increasing claims, and administrative and insurance costs being spread over fewer cities, the BICEP Board commissioned a study to determine whether BICEP would remain a viable pool should one or more of the remaining five-member cities withdraw their membership in the pool. The study, authored by Independent Consulting and Risk Management Services, LLC, concluded that should another member withdraw, BICEP would not be financially viable. After that study was released, every member, including the City of West Covina, noticed BICEP of its provisional intent to withdraw. In April 2019, Oxnard made the decision to withdraw their membership from BICEP, and therefore it is anticipated that BICEP will dissolve. As such, it is necessary that the City find an alternative source for the Excess Liability Program. BICEP is no longer a viable option for the City for the procurement of an Excess Liability Program and Excess Workers' Compensation Program. The City's Human Resources & Risk Management Department with the assistance of the City's insurance broker, Alliant Insurance Services (Alliant), solicited indications for alternative placement of the Excess Liability programs. DISCUSSION: Severe increases in liability claims against public entities is driving up insurance prices for cities in California. Some insurers have pulled out of the market, and others are limiting their lines for public entities, are inserting exclusions, or writing higher excess layers as they adjust to the changing loss environment. The four (4) entities that expressed interest in adding the City to their programs included, California State Association of Counties Excess Insurance Authority (CSAC-EIA or EIA) EIA GL-1, California Joint Powers Insurance Authority (CJPIA), the Independent Cities Risk Management Authority (ICRMA), and Travelers Insurance Company, returning the following results: EIA GL-1 City Retention Option Annual Contribution (Indication Only) $ 1,000,000 $ 450,000 •Program Limit - $25,000,000 in GL1 Program with Optional Excess limits available through the OEL program up to $25,000,000 (for a total limit of $50,000,000) •CSAC-EIA GL1 Pooled Coverage: $5,000,000 less the Member’s Retention •Retention options available from $0 (first dollar in primary GL program) to $1,000,000 (GL1 program); EIA will allow SIR’s higher, at the member’s discretion, through the GL2 program. CJPIA (withdrew) City Retention Option Annual Contribution (Indication Only) $ 250,000 $ 1,389,400 $ 500,000 $ 1,190,000 $ 750,000 $ 1,069,500 $ 1,000,000 $ 987,200 Program coverage limit features include: •Program Limit - $50,000,000 •CJPIA’s Pooled Coverage: $5,000,000 less the Member’s Retention •Retention options available from $0 (first dollar) to $1,000,000 RPA/ICRMA’s City Retention Option Annual Contribution (Indication Only) $ 500,000 $ 1,087,000 $ 750,000 $ 880,000 $ 1,000,000 $ 771,000 $ 2,000,000 $ 671,000 Program coverage limit features include: •Program Limit - $30,000,000 •ICRMA’s Pooled Coverage: $3,000,000 less the Member’s Retention •Retention options available from $250,000 to $2,000,000 TRAVELERS (withdrew) Non-Pooling Option Annual Contribution (Indication Only) $ 10,000,000 Limit excess of $1,000,000 Retention $ 450,000 Although California Joint Powers Insurance Authority (CJPIA) initally submitted the above indication they ultimately felt the timing was not right to add the City to their pool at this time and would consider our membership in the future. Also, Traveler’s Insurance Company withdrew their interest in insuring the city based on loss history. The program which is the most economical and best fits the City’s needs at this time is the EIA GL-1 program. The GL-1 program combines risk retention, risk pooling, and the purchase of excess reinsurance. The program offers coverage for claims from third parties alleging damages due to negligence arising out of bodily injury, personal injury, property damage, public officials’ errors and omissions, employment practices liability, and automobile liability. The EIA GL-1 program came in at a significant savings (Approximately $400,000) to prior year premiums for excess liability insurance. EIA has been accredited with excellence continuously since 1989 by the California Association of Joint Powers Authority (CAJPA). EIA includes 55 California counties, 344 other California public entities, including cities, school districts, special districts, and other Joint Powers Authorities (JPAs). The GL-1 program currently has 125 members. Prepared by: Eva Sahagun, Management Analyst Additional Approval: Nikole Bresciani, Assistant City Manager/Public Services Director Fiscal Impact FISCAL IMPACT: General Liability The City would remain self-insured for the first $1 million of each loss. A combination of risk pooling and insurance would provide coverage up to $25 million. GL-1 funds a $5 million pool and purchases $20 million in reinsurance to achieve a $25 million limit. Staff is recommending that the City purchase an additional layer of optional excess liability insurance to bring the total limits up to $50 million. The estimated cost of the excess insurance program with the increased limits of $50 million is $550,000 (Indication Only) subject to final approvals by CSAC EIA Committees and carriers. The cost of the expiring $27 million of excess liability coverage provided through BICEP for FY 2018-2019 is $865,364. EIA Coverage would commence July 1, 2019. Workers’ Compensation The City’s excess workers’ compensation program has been purchased from EIA since July 1, 2002. When the City became a member of BICEP, this remained the case, except that the City purchased this excess coverage from EIA through BICEP. After the City withdraws from BICEP, the City will continue to purchase the excess workers' compensation through EIA. In addition, it is recommended the City update its policy to include any volunteers who are performing work on behalf of the City to be covered under the workers’ compensation program by manner of attached Resolution No. 2019-51. Coverage would commence July 1, 2019. These items have been budgeted in the FY 2019-20 proposed budget in the General Fund. Attachments Attachment No. 1 - CSAC Proposal Attachment No. 2 - Resolution No. 2019-52 CSAC Membership Attachment No. 3 - Resolution No. 2019-51 Workers' Compensation Volunteers