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HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
TO: BOARD OF COMMISSIONERS DATE: July 10, 1990
FROM: Perfecto Villarreal , Executive Director
cc:
SUBJECT: INSURANCE UPDATE
I. RECOMMENDED ACTION:
Review update on General Liability, Automobile Liability, Public Officials
Errors and Omissions Liability and Fire and Extended Coverage insurance carried by
the Housing Authority of the County of Contra Costa.
II. FINANCIAL IMPACT:
None.
III. REASONS FOR RECOMMENDATION/BACKGROUND:
General Liability insurance for the Housing Authority of the County of Contra
Costa is through the California Housing Authority Risk Management Agency (CHARMA) .
The Housing Authority has a $1,000,000 per occurrence policy with a $25,000
deductible per occurrence. Additionally, through CHARMA, the Housing Authority now
carries Excess Insurance from $500,000 to $5,500,000 through Housing Authorities Risk
Retention Group (HARRG) . During the 1989/90 Fiscal Year three losses, amounting to
$7,820.00, were paid.
Automobile Liability insurance for the Housing Authority of the County of
Contra Costa is carried through Northbrook Property & Casualty. During the 1989/90
Fiscal Year employees had several small accidents in Housing Authority vehicles and
two losses, amounting to $3,146.96, were paid.
Public Officials Errors and Omissions Liability is carried through California
Housing Authority Risk Management Agency, with excess insurance through Housing
Authorities Risk Retention Group (HARRG) . During the 1989/90 Fiscal Year one loss
in the amount of $40,000 was paid.
Fire and Extended Coverage insurance for the Housing Authority of the County of
Contra Costa is through CHARMA and the Housing Authorities Property Insurance (HAPI) ,
a division of Housing Authorities Risk Retention Group (HARRG) . The Housing
Authority has a $250,000 per occurrence policy, with a $20,000 .deductible per
occurrence. Excess Insurance from $250,000 to $33,000,000 is through Hopewell
Insurance Company. During Fiscal' Year 1989/90 two losses, amounting to $30,395.00,
were paid.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATIC9 OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S)
ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER
VOTE OF COMMISSIONERS
X UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS A TRUE AND
AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND
ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD
OF COMMISSIONERS ON THE DATE SHOWN.
CC: ATTESTED 199
Oil Ba chelor, Clerk of the
Board of Commissioners
M362/7-83 BY , DEPUTY
ti
i
Board of Commissioners
July 10, 19890
Page -2-
The Fire and Extended Coverage for the Central Office building of the Housing
Authority is through Christiania General Insurance Group. During Fiscal,. Year 1989/90
no losses were experienced.
IV. CONSEQUENCES OF NEGATIVE ACTION:
None.