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ICRMA JPA Renewal / Associated Insurance Premiums July 7, 2020 Page 3 ICRMA & Gallagher Policy and Premium Fiscal Year Comparison PREMIUMS FY 2019-20 FY 2020-21 Excess Pool Liability Program $1,579,693 $1,680,000 Excess Pool Workers' Compensation Program $456,447 $386,000 Auto Property Damage Program $70,550 $79,000 Property & Equipment Program $356,514 $455,000 Crime Program $10,845 $12,000 C ber Program $21,611 $31,000 Excess Liability Buffer $713,112 $786,000 Excess Workers' Compensation Buffer $155,433 $194,000 Earth Movement & Flood' $289,368 $844,000 Terrorism $10,965 $13,000 Underground Storage Tanks $7,282 $8,000 Total $3,671,820 $4,488,000 Total Percentage Change 22% 'Enhanced coverage program FY 2020-21 The City is permissibly self -insured for workers' compensation through the State of California Department of Industrial Relations (DIR). For FY 2020-21, staff is requesting that the City Council approve the City's obligation to pay the State of California DIR estimated assessment in an amount not to exceed $365,000 for the period of July 1, 2020 to June 30, 2021. FISCAL IMPACT Funds are budgeted in the proposed FY 2020-21 Liability & Property Insurance account, No. 08009051-64010 for an estimated premium and administrative cost not to exceed $3,908,000 and Workers' Compensation account, Insurance (Risk Management), (No. 08209054-64010) for an estimated premium cost not to exceed $945,000. Fiscal Impact Verified By: Kathryn Downs, CPA, Executive Director — Finance and Management Services Agency Submitted By: Steven V. Pham, Executive Director - Human Resources Exhibit: 1. Agreement for Consultant Services Between City Of Santa Ana And Arthur J. Gallagher Insurance Brokers Of California, Inc. For Insurance Broker Services, Client Service Agreement 29A-3