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HomeMy WebLinkAboutMINUTES - 10142008 - C.1 HA HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO: BOARD OF COMMISSIONERS FROM: Joseph Villarreal, Executive Director DATE: October 14, 2008 SUBJECT: LETTER FROM HOUSING AUTHORITY INSURANCE CONGRATULATING THE HOUSING AUTHORITY AS A RECIPIENT OF THE LOW LOSS RATIO AWARD SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION I. t; RECOMMENDED ACTION: ACCEPT letter from Housing Authority Insurance Group congratulating the Housing Authority of the County of Contra Costa as a recipient of the Low Loss Ratio Award for the 2004-2006 Housing Authority Risk Retention Group policy years. ll. FINANCIAL IMPACT: As an award recipient the Housing Authority is afforded lower insurance premiums for our General Liability, Property and Automobile coverages. Insurance costs for the 2008-09 policy year were reduced. by $29,541.00. III. REASONS FOR RECOMMENDATION/BACKGROUND For the Board's information only. IV. CONSEQUENCES OF NEGATIVE ACTION: None. CONTINUED ON ATTACHMENT: /AYES SIGNATURE /loseph Villarreal Executive Director RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE / ' APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON ��APPROVED A RECOMMENDE w CHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A -D 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 JOSEPH VILLARREAL, CLERK OF THE BOARD OF COMMISSIONERS AND EXECUTIVE DIRECTOR BY - UTY H:\JudyHayes\MSOFFICE\WINWORD\BOARD\BO-Accept Letter.doc M1 Housing Authority 189 Commerce Court 203-272-8220 or 800-873-0242 PO Box 189 fax 203-271-2265 Insurance Group Cheshire, CT 06410-0189 www.housingcenter.com September 11, 2008 Judy Hayes Administrative Services Officer Contra Costa County Housing Authority 3133 Estudillo Street P.O. Box 2759 Martinez, CA 94553 Dear Ms. Hayes: Congratulations! On behalf of Housing Authority Insurance Group, I would like to congratulate you as a recipient of The Low Loss Ratio Award for the 2004-2006 HARRG policy years. A certificate for the housing authority to post in recognition of this achievement has been mailed to the Executive Director. The award is based upon three years of premium and loss data. Only members with an average loss ratio below 50% are recognized. Your efforts at risk management are producing positive results. We encourage you to continue the hard work that brought you these results. Sincerely, Jeffrey D. Weslow, ARM, ALCM Director, Risk Control & Consulting Services Enclosure Cc: Joseph Villarreal Housing Authority Insurance Group is affiliated with Housing Authority Risk Retention Group, Inc.; Housing Authority Property Insurance,A Mutual Company; Housing Authority Insurance, Inc.; Housing Insurance Services, Inc.; Housing Telecornnu nications, Inc.;Satellite Telecommunications, Inc.; Housing Investment Group,Inc.;and Housing Enterprise Risk Services, Inc.