Title
Adopt a resolution to:
a. Authorize the Monterey County Water Resource Agency to become a member of California State Association of Counties, Excess Insurance Authority (CSAC-EIA), a Joint Power Association to purchase insurance coverage; and
b. Authorize County Counsel-Risk Manager to execute on behalf of the Water Resources Agency and enter into all Memoranda of Understanding for any programs of the California State Association of Counties, Excess Insurance Authority (CSAC-EIA).
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Supervisors:
Adopt a resolution to:
a. Authorize the Monterey County Water Resource Agency to become a member of California State Association of Counties, Excess Insurance Authority (CSAC-EIA), a Joint Power Association to purchase insurance coverage; and
b. Authorize County Counsel-Risk Manager to execute on behalf of the Water Resources Agency and enter into all Memoranda of Understanding for any programs of the California State Association of Counties, Excess Insurance Authority (CSAC-EIA).
SUMMARY/DISCUSSION:
California State Association of Counties, Excess Insurance Authority (CSAC- EIA), a Joint Power Association is a member-directed risk sharing pool of public agencies committed to providing risk coverage programs and risk management services. During the FY 2018-19 renewal, the Agency was placed under a separate fully-insured, first dollar policy with CSAC EIA for general liability, auto insurance, and directors and officers for broader coverage. In prior years, the Agency was covered under County policies. Water Resources Agency has historically participated in the County's self-insurance program with $1.5 million limit. However, during the FY 2018-19 renewal period, the Agency was placed under a separate fully-insured, first dollar policy with CSAC EIA for general liability, auto insurance, and directors and officers for broader coverage and better rates. As a ...
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