HomeMy WebLinkAboutMINUTES - 09221998 - C119 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS
FROM: Robert McEwan,Acting Executive Director
DATE: September 22, 1998
SUBJECT: ROUSING AUTHORITY INSURANCE
SPECIFIC REQUEST(S)OR RECOMMENDATIONS)&.BACKGROUND AND JUSTIFICATION
1. RECOMMENDED ACTION:
ACCEPT information regarding the Housing Authority of the County of Contra Costa's insurance.
11. FINANCIAL IMPACT:
None.
III. REASONS FOR RECOMMENDATION/BACKGROUND
California Housing Authority Risk Management Agency(CHARMA)carries the general liability insurance for the
Housing Authority of the County of Contra Costa. The Housing Authority has a$500,000 per occurrence limit with a$25,000
Self-Insured Retention(SIR)through CHARMA. Excess insurance from$500,000 to$5,500,000 is carried through Housing
Authorities Risk Retention Group(HARRG). Carl Warren&Co. is the third party administrator('TPA)for our general liability
and the adjuster assigned to our claims is Mr.Rich Miller. During the 1997/98 Fiscal Year no losses were paid. This insurance
renews in June each year. Under this policy,the Housing Authority also enjoys the following:
$100,000 per occurrence and$1,000,000 in the aggregate for occurrence in excess of our SIR of LAW
ENFORCEMENT LIABILITY.
$250,000 per occurrence and$1,000,000 in the aggregate for all occurrences in excesses of our SIR of PUBLIC
OFFICIALS' LIABILITY.
AUTOMOBILE LIABILITY INSURANCE
Automobile Liability and Physical Damage insurance for the Housing Authority of the County of Contra Costa is
carried through CHARMA and carried by The Fireman's Fund. The automobile liability Combined Single Limit is in the
amount of$1,000,000. The Housing Authority carries auto physical damage on its higher valued vehicles with deductibles of
$250 or$500. Aon Risk Services of Northern California is CHARMA's broker of record and Susan Blankenburg is the account
Executive. During the 1997/98 Fiscal Year no losses were paid out.
CONTINUED ON ATTACHMENT: X YES SIGNATUREPLZZ2-----� ---
_
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S): q f
ACTION OF BOARD ON September 22, 1998 APPROVED AS RECOMMENDED X firmw
VOTE OF COMMISSIONERS
None I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
COMMISSIONERS ON THE DATE SHOWN.
ATTESTED ,4,t l
HIL BATCHELOR,CLERK OF
THE BOARD OF COMMISSIONERS
AND COUNTY ADMINISTRATOR
BY) te...�t,�AOA-ko ✓a-� ,DEPUTY
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ALL RISK PROPERTY COVERAGE
All Risk Property Coverage is carried through CHARMA. Our policy has a total building and personal property
replacement value on a per cost basis with a$10,000 per occurrence deductible. In addition,the policy includes a stop loss
aggregate(limitation of exposure wherein claims reach a threshold equal to$50,000 {five time the deductible}). Claims are
administer by Bruce Donals,Aon Risk Services of Northern California. During the 1997/98 Fiscal Year no losses were paid out.
BOILER AND MACHINERY COVERAGE
The Travelers Insurance Company carries this insurance,on the boiler at CA011011,through H.I.S. The policy limit is
$50,000,000 with a$1,000 deductible.This policy renews in May of each year. During the 1997/9$Fiscal Year no losses were
paid out.
FIDELITY BLANKET POSITION BOND
ITT Hartford carries this insurance for the Housing Authority with a limit of insurance per loss of$250,000 for
employee dishonesty. The policy carries a$1,000 deductible. While the insurance is carried through ITT Hartford,H.I.S.
arranged this coverage to insure that adequate fidelity insurance was available for the Housing Authorities insured by H.A.I.
This policy renews in July of each year.During the 1997/98 Fiscal Year no losses were paid out.
VOLUNTEER AND COURT REFERRED VOLUNTEER INSURANCE
These policies are carried through the LIMA Companies,Inc. The limit of insurance is$1,000,000 each occurrence or
$3,000,000 annual aggregate for personal liability and property damage by volunteers. The accidental bodily injury portion per
insured is$2,500,with a medical indemnity of$25,000. This insurance renews in July of each year.During the 1997/98 Fiscal
Year no losses were paid out.
FEDERAL FLOOD INSURANCE
The Housing Authority of the County of Contra Costa carries flood insurance on its Alhambra Terrace and Las Deltas
developments. This insurance is through the National Flood Insurance Program and is brokered by Wasserman&Associates,
Steven K.Berg,Agent. The policies are individual by unit and the limits of insurance are individual by unit,with the majority
of the units being covered by$15,000 with a$1,000 deductible. This insurance renews in September each year.During the
1997/98 Fiscal Year no losses were paid out.
CALIFORNIA HOUSING WORKERS' COMPENSATION AGENCY
Workers' Compensation Insurance for this agency is carried through CHWCA and is handled at the Housing Authority
by Cathleen Hammonds, Athens Administrators is the third party administrator(TPA)and Michelle Partida is the lead adjuster
assigned to this Housing Authority. This insurance renews in January of each year.
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