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HomeMy WebLinkAboutItem 15 - Renew Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority and Arthur J. Gallagher15. Renewal of Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority (ICRMA) and Arthur J. Gallagher, and Appropriation Adjustment, Associated Insurance Premiums, Costs, Programs, and Regulatory Fees for an Amount not to Exceed $12,600,000 (Non -General Fund) Department(s): Recommended Action: 1. Authorize the City Manager to approve payment of insurance premiums and associated programs to ICRMA in an amount not to exceed $8,250,000 for the protection of City assets from July 1, 2024 through June 30, 2025 including, but not limited to, the following: a. Excess Liability Program b. Excess Workers' Compensation Program c. Auto Physical Damage Program d. Property and Equipment Program e. Crime Program f. Cyber Program g. Associated Programs 2. Authorize the City Manager to approve payment of insurance premiums to Arthur J. Gallagher, Broker, in an amount not to exceed $3,500,000 for ancillary coverages of City's assets from July 1, 2024 to June 30, 2025 including but not limited to: a. General Liability Buffer Program b. Workers' Compensation Buffer Program c. Earth Movement & Flood and Difference in Coverage Program d. Terrorism Insurance Program e. Underground Storage Tank and Environmental Program 3. Authorize the City Manager to approve payments to cover FY 2024-25 City Special Events Insurance for events, including, but not limited to, Fourth of July fireworks show, neighborhood winter events, and other City -sponsored events as created and held, in an amount not to exceed $350,000. 4. Authorize the City Manager to approve the City's obligation to pay the State of California DIR estimated assessment in the amount not to exceed $500,000. 5. Approve an Appropriation Adjustment to recognize $2,200,000 in the Liability and Property Insurance Revenue, PriorYear Carryforward revenue account (No. 08009002-50001) and appropriate the same amount into the Liability & Property insurance account (No. 08009051-64010). (Requires five affirmative votes) Human Resources https://www.santa-ana.org/human-resources Item # 15 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report August 6, 2024 TOPIC: Renew Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority and Arthur J. Gallagher AGENDA TITLE Renewal of Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority (ICRMA) and Arthur J. Gallagher, and Appropriation Adjustment, Associated Insurance Premiums, Costs, Programs, and Regulatory Fees for an Amount not to Exceed $12,600,000 (Non -General Fund) RECOMMENDED ACTION 1. Authorize the City Manager to approve payment of insurance premiums and associated programs to ICRMA in an amount not to exceed $8,250,000 for the protection of City assets from July 1, 2024 through June 30, 2025 including, but not limited to, the following: a. Excess Liability Program b. Excess Workers' Compensation Program c. Auto Physical Damage Program d. Property and Equipment Program e. Crime Program f. Cyber Program g. Associated Programs 2. Authorize the City Manager to approve payment of insurance premiums to Arthur J. Gallagher, Broker, in an amount not to exceed $3,500,000 for ancillary coverages of City's assets from July 1, 2024 to June 30, 2025 including but not limited to: a. General Liability Buffer Program b. Workers' Compensation Buffer Program c. Earth Movement & Flood and Difference in Coverage Program d. Terrorism Insurance Program e. Underground Storage Tank and Environmental Program 3. Authorize the City Manager to approve payments to cover FY 2024-25 City Special Events Insurance for events, including, but not limited to, Fourth of July fireworks show, neighborhood winter events, and other City -sponsored events as created and held, in an amount not to exceed $350,000. Renew Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority and Arthur J. Gallagher August 6, 2024 Page 2 4. Authorize the City Manager to approve the City's obligation to pay the State of California DIR estimated assessment in the amount not to exceed $500,000. 5. Approve an Appropriation Adjustment to recognize $2,200,000 in the Liability and Property Insurance Revenue, Prior Year Carryforward revenue account (No. 08009002-50001) and appropriate the same amount into the Liability & Property insurance account (No. 08009051-64010). (Requires five affirmative votes) GOVERNMENT CODE §84308 APPLIES: Yes DISCUSSION Staff is recommending renewal with ICRMA, a joint powers authority formed in 1980 in accordance with California Government Code Section 6500. ICRMA's purpose is to provide: 1) excess and re -insurance to protect members from extensive financial debt due to large claims, settlements, and judgments; 2) group insurance purchasing power that can offer broader coverage at a lower cost; 3) rate stability; and 4) protect individual member cities through pooling of losses and self-insurance. ICRMA also offers to its members actuarial services, appraisal services, loss control assessments and recommendations, safety trainings, claims audits, contract risk transfer consultation, and other services and resources. Currently composed of 14 California cities, Santa Ana joined ICRMA in July 2019. For this renewal period: • The City's Workers' Compensation coverage experienced an increase of approximately 12%. • The City's Liability and Property premiums increased approximately 10%, which overall is a very good outcome. • The City's Property & Equipment Program premium decreased approximately 10%. • Overall, the City's insurance coverages remain the same with a lower than expected increase in premiums on the Liability and Property program and an average increase in premiums on the Workers' Compensation program. Cost of insurance continues to increase primarily due to the following ongoing reasons: 1. An insurance market with continually decreasing excess carriers willing to quote municipal government entities in California, primarily those with police departments; 2. High dollar jury awards of litigated matters against public entities; 3. High dollar settlements of litigated and non -litigated matters; 4. Rising cost of repairs and replacement of damaged vehicles, property, and equipment; 5. Increased number of claims filed against the City resulting from aging infrastructure including sidewalks and streets; and 6. Increased number of claims filed against the City resulting from damage caused by Renew Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority and Arthur J. Gallagher August 6, 2024 Page 3 City -owned trees. QUOTED & ESTIMATED PREMIUMS & FEES WORKERS' COMPENSATION COVERAGES FY 2022/23 FY 2023/24 FY 2024/25 Excess Pool Workers' Compensation Program $ 345,678 $ 415,464 $ 459,770 Excess Workers' Compensation Buffer $ 257,356 $ 264,085 $ 300,027 Sub -Total $ 603,034 $ 679,549 $ 759,797 Percent Change 12% 13% 12% LIABILITY AND PROPERTY COVERAGES FY 2022/23 FY 2023/24 FY 2024/25 Excess Pool Liability Program $ 5,123,142 $ 6,070,925 $ 6,927,723 Auto Physical Damage Program $ 129,488 $ 145,108 $ 185,294 Property & Equipment Program $ 485,380 $ 593,557 $ 534,757 Crime Program $ 14,233 $ 15,394 $ 17,563 Cyber Program $ 111,964 $ 100,445 $ 118,787 Excess Liability Buffer $ 1,233,321 $ 1,743,398 $ 1,805,650 DIC Earth Movement & Flood $ 1,126,819 $ 1,283,147 $ 1,353,245 Terrorism $ 13,164 $ 13,723 $ 14,652 Underground Storage Tanks - Environmental $ 11,112 $ 12,539 $ 15,314 Sub -Total $ 8,248,623 $ 9,978,236 $ 10,972,985 Percent Change 25% 21 % 10% FY 2022/23 FY 2023/24 FY 2024/25 City Special Events Insurance $ 300,000 $ 350,000 State of California DIR $ 500,000 $ 500,000 Total $ 11,457,785 $ 12,582,782 ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT The recommended action includes appropriating $2.2 million of the General Liability Fund balance, which will reduce the available funds to pay liability claims in the future. The following table compares the most recent actuarial valuation for claims liability to the estimated fund balances in the Workers' Compensation and General Liability Funds. Actuarial estimates of the liabilitv are more than the Citv has on deposit. I I Workers' Compensation I General Liabilitv I Renew Citywide Insurance Program and Policies Procured through Independent Cities Risk Management Authority and Arthur J. Gallagher August 6, 2024 Page 4 Actuarial valuation as of June 30, 2024 $18,367,000 $35,595,000 Estimated fund balance as of July 1, 2024 $18,304,735 $13,954,070 Estimated Shortfall $62,265 $21,640,930 After appropriation adjustment, the following table summarizes the funds budgeted and available for estimated premium and administrative costs. Staff will continue to propose increases to internal service charges in future budget cycles to reduce the estimated shortfall, which will primarily be borne by the General Fund. Accounting Fund Accounting Unit — r Year ea Unit — Description Account No. Amount Account No Description 08209054- Workers Workers $ 1,300,000 2024-25 64010 Compensation Compensation, Insurance Payment 08009051- Liability & Liability & Property $ 9,640,380 2024-25 64010 Property Insurance, Insurance Insurance Payment APPROPRIATION ADJUSTMENT 2024-25 08009051- Liability & Liability & Property $ 2,200,000 64010 Property Insurance, Insurance Insurance Payment Total: $ 13,140,380 EXHIBIT(S) 1. Joint Exercise of Powers Agreement for Insurance and Risk Management Purposes 2. Agreement For Consultant Services Between City of Santa Ana and Arthur J. Gallagher Risk Management Services LLC 3. ICRMA Member Contribution Invoice — Santa Ana — Invoice # 4373 4. Arthur J. Gallagher Risk Management Services, LLC — Invoice # 5195470 Submitted By: Lori Schnaider, Executive Director of Human Resources Approved By: Alvaro Nunez, Acting City Manager A-2019-107 iNSURHNCE NOT REQUIRED WORK kI Y PROCEED t { ;� Of COUNC;II. 6 AU1 4 2019 H2`p) FIFTH AMENDMENT TO JOINT EXERCISE OF POWERS AGREEMENT FOR INSURANCE AND RISK MANAGEMENT PURPOSES This Fifth Amendment To Joint Exercise Of Powers Agreement For insurance and Risk Management Purposes ("Agreement" is executed by and among the public entities, hereafter referred to as Member or Members, each of which is organized and existing under the laws of the State of California and is a signatory to this Agreement and listed in Appendix "A", which is attached hereto and made a part hereof. This Agreement, dated October 13, 2004, for identification purposes, amends the Joint Exercise of Powers Agreement For Insurance and Risk Management Purposes dated August 12, 1998. RECITALS This Agreement is predicated upon the following facts: The following State laws, among others, authorize the Members to enter into this Agreement: 1. Labor Code Section 3700, permitting a Member to fund its own Workers' Compensation claims; 2. Government Code Section 990, permitting a Member to insure itself against tort or inverse condemnation liability; Appmved by the Governing Board Oefoher 13, 2004 1 3. Government Code Section 990.4, permitting a Member to provide insurance and self-insurance in any desired combination; 4. Government Code Section 990.6, permitting the proper casts for self-insurance to be charged against each Member and authorizing the Governing Board to make promium payments for such coverage in an amount such Governing Board determines to be necessary to provide such coverage; 5. Government Code Section 990.8, permitting two or more Members to enter into an agreement to jointly fund such expenditures under the authority of Government Code Sections 6500 of se_g,.; 6. Government Code Section 6500 et seq., permitting two or more Members to jointly exercise, under an agreement, any power which is common to each of them. NOW,. TIMEFORE, for and in consideration of the mutual benefits, covemts, and agreements set forth in this Agreement, the Members agree as follows: .ARTIcLX 1. 1.1 Pursuant to Article T (commencing with Section 6500) of Chapter 5 of Division 7 of Tide. I of the Government Code of the State of California, the Members hereby create a public entity, separate and apart from the Members, to be kmown as the Approved by the Oayerakg Bond October 13, 2004 2 Independent Cities Risk Management Authority, hereinafter referred to as "TC,RMA°' or the "Authority". Pursuant to. Govemmeat Code Section 6508.1, the debts, liabilities, and obligations of the Authority shall not constitute debts, liabilities, or obligations of any Member. ARTLc E 2. rl rOSE. 2.1 The purpose of creating this Authority is to exercise the powers of the Members to jointly accomplish the following; 2.1.1 Develop effective Risk Management Progr=s to reduce the amount and frequency of their losses. 2.1.2 Develop Risk Management .Programs of insurance to protect Members from the effects of catastrophic or unexpected losses. Such programs shall include, but not be limited to, coverages for losses arking out of Tort Liability, Workers' Compe tion, Health Benefits, and the ownership or use of real or personal property. 2.1.3 Design.Risk Management Programs of the Authority on a pooled or self -funded basis whereby the Members share some portion, or all, of the costs of the program losses. 11.4 Jointly purchase insurance, excess insurance, or reinsurance and/or develop alternative financial arrangements for the purpose of transferring risk of loss to commercial insurers. Approved by fho GOVU*9 Board LlOWW 13, U04 3 i " 2.1.5 Assist Members to the maximum extant authorized by law to semrO long term solutions enabling the Authority to provide adequato protection to Members against catastrophic, or greater than expected; claims and to attract major reinsurers for the purpose of transferring risk. 2.1.6 Jointly secure administrative rdm' ` ative and other services 'including, but not limited to, general administration, underwriting, risk management, loss prevention, claims adjusting, data processing, brokerage, accounting, and legal services when related to any of the other purposes. AIEiT ' E 3. DEFZNMONS 11 The following definitions shall apply to the provisions of this Agreement and the. R j'=La r"r"u of the Authority and JR.'sk NUnageme i Ptvograwis: 3.1.1 "Agreement" shall mean this ,Agreement, as it may be amended from time to time, creating the Independent Cities Risk Management.Authority, 3.1.2 "Board" or "Governing Board" shall moan the governing body of the Authority: 3.1.3 "By -Laws" shall mean the rules governing the management of the Authority and each individual Risk Management Program, Appmvod by tha Omming Soard Oaaba 13.2004 4 3.1.4 "Claim(s)" small mean demand(s) complying with the requirements of California Government Code Section 910 and made against the Member arising out of occurrences which are covered or alleged to be covered by the Authority's Memorandums of Coverage, or policies of insurance. 3,1,5 "Fiscal Year" shall mean the period of time commencing on July 1 of each year, and thereafter ending on June 30 each following year. 3.1.6 "Governing Documents" shall mean this Agreement, the By -Laws of the Authority and each Risk Management Program, the Memorandum. of Coverage and any other document stipulated as a Governing Document in the By -Laws or by action of the Governing Hoard. 3.1.7 "Insurance" shall mean insurance or reinsurance purchased by the Authority to corer losses for its Members. 3.1.8 'Member" shall mean any Municipal Corporation or public entity authorized to be a member of a Joint Powers Authority, which is a pain to this Agreement .and is participating in one or more Risk Management programs. 3.1.E "Memorandum of Coverage" shall mean the document or documents issued by the Authority specifying the types of coverages and limits provided to the Members. Approved by the Gmning Road October 13, 2004 W 3.1.Io 'Wogram Year" shall mean a period of time in which each program. shall be segregated for ease in determining coverage premiums.. 3.1.11 "Participation" or "Participating" shall mean a Member has elected to jointly participate in the management of a specifics risk and is a member of that Risk Management Program. 3,1.12 "Disk Management" shall mean the process of identifying, evaluating, reducing, transferring, and eliminating. risks. .Risk Management includes, but is not limited to, various methods of funding claims payments, purchasing insurance, legal defense of claims, controlling losses, and determining self -insured retention levels and the amount of reserves for potential claims. 3.1.13 "Risk Mtmmagement Program" shall mean those coverage programs of risk sharing, insurance, and risk management services created by the Authority to manage specific Risk Management Programs, i.e. "Liability Risk Management program". ARTICLE 4... ,PARTI(ES TO THE AGREEMENT BIND RESPONSIBILITMS OF AMAMERS. 4.1 Each Member represents and warrants that it intends to, and does hereby, contract with all other Members listed in Appendix "A", and any new membars admitted to the .Authority pursuant to Article 16. Each Member also represents and warrants that the withdrawal or expulsion of any Member, pursuant to Article 14 Approved byrhv Govenins Board October 13, 2W4 6 or 15, shall not relieve any Member of its rights, obligations, liabilities or duties under this. Agreement or the individual Risk Management Programs in which the Member participates. 4.2 Each. Member agrees to be bound by and to comply with all of the term and conditions of the Governing Documents and any Resolution or other action adopted by the Governing Board as they now exist or may hereinafter be adopted or amended. Each Member assumes the obligations and responsibilities set forth in the Governing Documents. AR CLE 5. gyERNTNG BOARD; 5.1 The Authority shall be governed by a Governing Board the composition of which shall be set forth in the. Authority's By -Laws. Immediately upon admission of a new Member 'pursuant to Article .16, the Member shall be entitled to appoint a Treaeiirative to iue Governing i'ssvard and an alternate Representative and, if desired, a substitute alternate Representative, each of whom shall meet the parameters set forth. in the Authority's By -Laws. Decisions of the Member representative, or the Governing Board in hislher absence, shall be binding on. the Memmber. 5.2 The Member Representative and/or alternate Representative or substitute alternate Representative shall be remover/ from the Governing Board upon the occurrence Of any one of the following events: (1) the expulsion or withdrawal of the Member from the Authority; (2) the death or :resignation of the Member Representative, (3) the Authority receives the written notice from the Member ApPMved by the Governing Hoard 000ber 13,004 7 that the Member Rapresentativo is no longer a :member of the governing body of the Member or as otherwise provided in the Authority's By -Laws. 5.3 Pursuant to Government Code Section 6505.6, the Governing Board shall designate an officer or employee, or offloers and employees, to receive, deposit, invest, and disburse the property of the Authority pursuant to Government Code Sections 6505 and 6505,5. The Governing. Board shall fix the amount of the fidelity bond to be .Bleb by such public officer(s) and/or employee(s). ARU= 6. BOARD MEETIN AMID RECORDS 6.1 ]regular MMwfings. The Governing Board and all standing committees shall hold meetings at the location and time set forth in the By -Laws of the Authority and each individual Risk Management Program. 6.2 Ralph M. Brown Act. All meetings of the Governing Board, and appointed committees, including without limitation, regular, adjourned ,regular, and special meetings, shall be.called, noticed, held, and conducted in accordance with the Ralph M. Brown Act (Section 54950 et.'seq. of the Government Code). 6.3 Minutes. Minutes of regular, adjourned regular, and special meetings of the Authority shall be kept under direction of the Secretary. As soon as passible after each meeting, the Secretary shall forward copies of the minutes to each Governing Board member. 6.4 Quorum. A majorityof the members of the Governing Board is a quorum for the transaction of busium. However, less than a quorum may adjourn from time to Approved by the Governing Board October 13, 2004 8 time. A vote of the mejority of a cuwn= at .a meeting is sufficient to take action: AR CLE 7.. OFFLC&RS. 7.1 The Governing Board shall elect a president, vice-president, Treasurer and Secretary from among its members. The manner of election and term of office of elected officers; and their authority and responsibilities shall be as set forth in the .Authority By -]Laws. if any of the officers cease to be a Member's representative, the resulting vacancy shall be filled as provided in the Authority BY -Laws. The Governing Board may appoint such other officers as it considers necessary. ARTICLE s. PMR& 8.1 The Authority shall have the powers common to its Members and is authorized, in its own. name, to do all acts necessary and to exercise such common powers to fulfill the purposes of this Agreement referred. to in Article 2 including, but not HMI'MA in- 1-10n11 of the. fnllnwirlg: 8.1.1 Fiwmcc through the issuance of Bonds or other financial instruments of indebtedness, self-insurance reserve funds necessary or convenient for the implementation of this Agreement.. 8.1.2 Incur debts,.liabiiities, and obligations. 8.1.3 Acquire, hold, or dispose of real and personal property. 8.1A Receive contributions and donations of property, funds, services, and other farina of assistance from any source. 8.1.5 Sue and be stied in its own name. Approved by ft GoymWag Domd October 13, 2M4 9 8 Employ agents and employees. 8.1.7 Acquire, construct, manage, maintain, or operate buildings, works, or improvements. 8.1.8 Lease real or personal property, including that of a Member. 8.1.9 Receive, collect, and disburse monies. 8.1.10 Invest money in the treasury of the Authority in the, same manner and on the same conditions as local agencies pursuant to Government Code Section 53 60 1. 8.1.11 Exercise all other powers necessary and proper to carry out the provisions of thi's Agreement. 8,1.12 Develop and implement Risk Management programs, 83.13 Jointly purchase for the benefit of Members, insurance, excess insurance, reinsurance, and. enter into agreements for the benefit of Members, for the purpose of transferring risk of loss to commercial insurers or reinsurers or other insurance pools. ARTICLE 99. RLSK MANAGE 1 U PROGRAMS. 9.1 The Governing Board shall establish Risk Management Programs as provided in the .Authority's .By -Laws. 9.2 No Risk Management Program shall become operational, or possess any authority, until the proposed Risk Management Program By -Laws have been AWmvW by*a Goaem(ngBoatd Oc 6bff 13, 20fl4 10 approved by the Governing Board. The voting on the approval of By -Laws shall be restricted to Governing Board Member representatives of the particular Risk Management Program. Approval of the By -Laws and any amendments thereto shall be as provided in the By -Laws of the individual Risk Management Programs. On approval of the By -Laws, the various Risk Management Programs shall become operational and will have all of the powers specifically delegated to them by the 0 av+atning Board. ARIM Z Ia. BUDGET 10.1 The Governing Board shall adopt an annul budget not later than 30 days prior to the beginning of each Fiscal Year, ARTIiCLE i1. ANNUAL AUDIT AND RUEEW. 11,1 The Governing Board shall cause an annual financial audit of the accounts and records to be made. and _filial as provided in the Authorit, By �a—ris and the laws of the State. ARTIC1';., +'_ 12-- )KSTALLISHMENT Al LD AD ISMLT-ION OF FiU S., 121 Funds of the Authority may be commingled for investment and administration purposes. However, each Risk Management Program shall be accounted for separately on a full accrual basis, 12.2 The Governing Board shall establish the policy for warrants drawn to pay demands against the Authority. 12.3 The coverage for each Program Year of each Risk Management Program shall be as specified in the Memorandum of Coverage or policies of insurance for that AppxovW by the Gavernbg Bamd October 13, 2004 11 Program Year of the Risk Management Prom. ARTICLE 13, W.[THDRAWAL. 1.3.1 Any Member which. enters a Risk Management program may withdraw from that Risk Management Program and may at a later time seek to renew participation in said Program subject to the terms and conditions as set forth in the By -Laws of that partioutar.Risk Management Program. 13.2 A Member is no longer a patty to the Authority or this Agreement upon its withdrawal fraxn all of the Authority's Risk Management Programs. ARTICLE 14. 9Xl" ULSION. 14J The Governing Board may expel any Member from the Authority and/or from a Risk Management Program at any time for material breaches of the Governing Documents. Such expulsion shall be as provided in the By -Laws of the Authority or each Individual Risk. Management Program. ARTICLE IS- T'EI 7NATION. 15.1 This Agreement shall Continue until tenninnated by vote or written consent of two- thirds of the Members provided, however, that this Agreement and the Authority shall continue to exist for the purposes of disposing of all claims; the distribution of assets, and any other filnotions necessary to conclude the affairs of the Authority. 15.2 Upon termination of this Agreement, all assets of the Authority shall be distributed only among the Members that Have been pardeipants in its Risk Management Programs, including any of those Members which. previously Appnmved by tke Coming MaW OuWber 13, 2004 12 withdrew or were expelled pursuant to Articles 13 and 14 of thug Agreement, in accordance with and proportionate to their net premium payments made during the term of this Agreement. The Governing Board shall determine such distribution within six: months after the last claim covered by this Agreement has been finalized. 15.3 The Governing Board is vested with all powers of the Authority for the purpose of concluding and dissolVM8 business affairs of the Authority. These include the power to require those Members which were Risk Management Program participants at the time of any particular occurrence which was covered or alleged to be covered under the Memorandum(s) of Coverage or policies of insurance to pay their share of any additional amount of premium deemed necessary by the Governing Board for the final disposition of all claims and expenses associated with such loss. ARTI" 1.6. NFW AffimBERq. 16.1 Any governmental agency, organized and operating under the laws of the State of California; which is authorized to participate in a joint powers authority under the Government Code may become a member of the Authority by complying with the requirements of the Authority By -Laws. ARTICLE 17, L1C48LT'Y OF TMAC.1THL]f2ITY. 17.1 Each Member agrees to indemnify, save and defend the Authority and all other Members harmless from and against all claims, losses, and damages, including legal fees and expenses, arising out of any breach or default on the part of such AWOved by ft 0-=Wg Board 0atobar 13.2004 13 Member in performance of any of its obligations under this Agreement, or any act or negligence of such Member. or any of its agents, contractors, servants, employees or licensees with respect to this Agreement. No indemnification is made under this Section for claims, losses or damages, including legal fees and expenses, arising out of the willful misconduct, negligence or breach of duty under this Agreement. by the Authority or a Member or their officers, employees, agents or contractors.. 17.2 The Representatives to the Governing Board and to each of the Risk Management Programs and any officer, employee, contractor, or agent of the Authority shall use ordinary care and reasonable diligence in the exercise of their power and in - - the performance of their duties under this Agreement. 1.7.3 Mends of the Authority may be used to defend, indemnify, and hold harmless the x► -'or.-y and any mernber of the Goven5ing Board, any member of a Risk Management Program, and any employee of the Authority for their actions taken within tho scope of their duties while acting on behalf of the Authority. Nothing herein shall limit the right; of the Authority to purchase insurance to provide such Coverage as is hereinabove sot forth. AB ICLE 18, NOTICES. 18.1 Notices to each Member under this Agreement shall be sufficient if mailed to its respective address on file with the Authority. Any Member may designate any other address in substitution of the foregoing address to which sueh notice will be given at any time by giving five days written notice to the Authority and all other Approved by the aavamiug Board OvIokr 13, 2004 14 9 Members. ARTICLE 19. 19.1 This Agreement ;may be amended at any time by vote of two-thirds of the Members acting through their governing body. Amendments to the individual Risk Management Program By -Laws require the two -third vote of the Governing Board members representing Members of that Risk Management Program. ARTICLE 20. Sm'B BILITY. 20.1 Should any portion, term, condition, ar provision of this Agreement be decided by a eotut of competent jurisdiction to be illegal or in conflict with any law of the Stag of California, or be otherwise rendered unenforceable or ineffectual, the validity of the remaining portions, terms, conditions, and provisions shall not be affected thereby. AR"IC F 21. AgREEMENT COMPLET . 21.1 The foregoing constitutes the full and complete Agreement of the parties. 'Mere are no oral understandings or agreements not set forth in writing herein, ARTICLE 22, TERM QF AGREEMENT. 22.1 This fiE1h amended Agreement shall become .effective upon the Authority receiving notice of the approval by the governing body of two-thirds of the Members. IN. WUN.ESS W PXOF, the parties hereto have executed this Agreement as of the day Approved by the dovemlug Hand October 13,2W4 15 and year first written above. City Of man .a Ana .� By - Title ri ty Manager -- Executed before me this day of . 200 �b -L --IC:�-�-Z)z On (City Seal) City Clerk 7 City vf_ _ Santa Ana APPROVED AS TO FORM Laufa A. Rossini Senior Assiltant City Attorney FOR APFIROVAL Executive Director, Human Resources Appmved by the Qwmine Board 0daba 13. M04 16 0 APPENDIX "A" IMEPENDENT CITIES RISK MMAGEMENT AUTHORITY MMMER CITIES 1. Alhambra 2. Arcadia 3. Azusa 4. Baldwin Park S. Bell 5. Buena Park 7. Chino 9. Colton 9. Culver City 10.. Downey 11, EI Monte 12. El Segundo 13. Fullerton 14. Glendora 15. Hawthorne 147449,4 (MS WORD) 000602.9000 16. Hermosa Beach 17. Huntington Park 18. Inglewood 19. La Habra 20. Lynwood 21. Manhattan Beach 22, Monrovia. 23. Monterey.Park 24. Redondo Beach 25, San Fernando 26. South, Gate 27. Upland 28. Vernon 29. Whittier INDEPENDENT CITIES RISK MANAGEMENT AUTHORIW FIFTH AMENDMZNT TO JOINT EXERCISE OF POWERS AGREEMENT FOR INSURANCE AND WSK MANAGEIVX:ENT PURPOSES 147448.4 (MS WORD) 0006U.9000 4NSURANCE NOT ON FILE A-2023A40 WORK MAY i�OT PROCEED CITY CLER4( DATE. AGREEMENT FOR CONSULTANT SERVICES BETWEEN CITY OF SANTA ANA AND ARTHUR J. GALLAGHER RISK (B.Lynch7�,� 1 MANAGEMENT SERVICES LLC INSURANCE BROKER SERVICES N THIS AGREEMENT is made and effective as of August 1, 2023 between the City of Santa ClIj Ana, a municipal corporation (hereinafter referred to as "City"), and Arthur J. Gallagher Risk cq Management Services LLC, a Delaware limited liability company (hereinafter referred to as cD "Consultant"). City and Consultant are also referred to collectively as "the Parties" or singularly ZD as a "Party." In consideration of the mutual covenants and conditions set forth herein, the Parties agree as follows: 1. TERM This Agreement shall commence on August 1, 2023, and shall remain and continue in effect until tasks described herein are completed, but in no event later than August 31, 2026 unless sooner terminated pursuant to the provisions of this Agreement. The Parties acknowledge that Consultant has been providing services since July 1, 2023. This Agreement can be canceled by either Party with thirty (30) days written notice to the other Party. 2. SERVICES Consultant shall perform insurance brokerage services for the placement of the City of Santa Ana's insurance programs as outlined in Exhibit A. 3. PERFORMANCE Consultant shall at all times faithfully, competently and to the best of his or her ability, experience, and talent, perform all tasks described herein. Consultant shall employ, at a minimum, generally accepted standards and practices utilized by persons engaged in providing similar services as are required of Consultant hereunder in meeting its obligations under this Agreement. 4. PAYMENT a. The City agrees to pay Consultant for insurance premiums invoiced for insurance placements. b. Consultant will submit invoices for insurance premiums. Invoices shall be submitted once insurance coverage is bound. Payment shall be made within thirty (30) days of receipt of each invoice as to all non -disputed fees. If the City disputes any of Consultant's fees, it shall give written notice to Consultant within thirty (30) days of receipt of an invoice of any disputed fees set forth on the invoice. 5. LEGAL RESPONSIBILITIES The Consultant shall keep itself informed of all local, State and Federal ordinances, laws and regulations which in any manner affect those employed by it or in any way affect the performance of its service pursuant to this Agreement. The Consultant shall at all times observe and comply with all such ordinances, laws and regulations. The City, and its officers and employees, shall not be liable at law or in equity occasioned by failure of the Consultant to comply with this section. 6. RELEASE OF INFORMATION a. All information gained by Consultant in performance of this Agreement shall be considered confidential and shall not be released by Consultant without City's prior written authorization. Consultant, its officers, employees, agents or subcontractors, shall not without written authorization from Risk Management Department or unless requested by the City Attorney, voluntarily provide declarations, letters of support, testimony at depositions, response to interrogatories or other information concerning the work performed under this Agreement or relating to any project or property located within the City. Response to a subpoena or court order shall not be considered "voluntary" provided Consultant gives City notice of such court order or subpoena. b. Consultant shall promptly notify City should Consultant, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, request for documents, interrogatories, request for admissions or other discovery request, court order or subpoena from any party regarding this Agreement and the work performed there under or with respect to any project or property located within the City. City retains the right, but has no obligation, to represent Consultant and/or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperate fully with City and to provide City with the opportunity to review any response to discovery requests provided by Consultant. However, City's right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response. 7. NOTICES Any notices which either party may desire to give to the other party under this Agreement must be in writing and may be given either by (i) personal service, (ii) delivery by a reputable document delivery service, such as but not limited to, Federal Express, that provides a receipt showing date and time of delivery, or (iii) mailing in the United States Mail, certified mail, postage prepaid, return receipt requested, addressed to the address of the party as set forth below or at any other address as that party may later designate by Notice. Notice shall be effective upon delivery to the addresses specified below or on the third business day following deposit with the document delivery service or United States Mail as provided above. Mailing Address: City of Santa Ana 20 Civic Center Plaza, M-28 Risk Management, 4t" Floor Santa Ana, CA 92701 AND City Clerk City of Santa Ana 20 Civic Center Plaza, M-30 Santa Ana, CA 92702 To Consultant: Arthur J. Gallagher & Co., Insurance Brokers of California., Inc. Susan J. Blankenburg San Francisco, CA 94111 415-536-8417 Susan Blankenburgft-aig.com 8. ASSIGNMENT The Consultant shall not assign the performance of this Agreement, nor any part thereof, nor any monies due hereunder, without prior written consent of the City. Upon termination of this Agreement, Consultant's sole compensation shall be payment for actual services performed up to, and including, the date of termination or as may be otherwise agreed to in writing between the City Council and the Consultant. 9. LICENSES At all times during the term of this Agreement, Consultant shall have in full force and effect, all licenses required of it by law for the performance of the services described in this Agreement. 10. GOVERNING LAW The City and Consultant understand and agree that the laws of the State of California shall govern the rights, obligations, duties and liabilities of the parties to this Agreement and also govern the interpretation of this Agreement. Any litigation concerning this Agreement shall take place in the municipal, superior, or federal district court with geographic jurisdiction over the City of Santa Ana. In the event such litigation is filed by one party against the other to enforce its rights under this Agreement, the prevailing party, as determined by the Court's judgment, shall be entitled to reasonable attorney fees and litigation expenses for the relief granted. This Agreement contains the entire understanding between the parties relating to the obligations of the parties described in this Agreement. All prior or contemporaneous agreements, understandings, representations and statements, oral or written, are merged into this Agreement and shall be of no further force or effect. Each party is entering into this Agreement based solely upon the representations set forth herein and upon each party's own independent investigation of any and all facts such party deems material. 12. AUTHORITY TO EXECUTE THIS AGREEMENT The person or persons executing this Agreement on behalf of Consultant warrants and represents that he or she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of its obligations hereunder. The Risk Management Department is authorized to enter into an amendment on behalf of the City to make the following non -substantive modifications to the agreement: (a) name changes; (b) extension of time; (c) non -monetary changes in scope of work; (d) agreement termination. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written. CITY OF SANTA ANA Arthur J. Gallagher & Co. By � - -- By. Kristine Ridge City Manager ATTEST: By. J "' r-H� City Clerk APPROVED AS TO FORM: Sonia R. Carvalha City Attorney By: j!a� N. na'Y\I Laura A. Rossini Chief Assistant City Attorney Michael Gallagher, Area President CONSULTANT Arthur J. Gallagher & Co. Susan J. Blankenburg 1255 Battery Street, Suite 450 San Francisco, CA 94111 (415) 536-8417 Susan Blankenbur a .com PM Initials: Date: CLIENT SERVICE AGREEMENT EXHIBIT A The following outlines Services provided by Gallagher over the term of this Agreement: • Use its best efforts to secure the following lines of insurance coverage on Client's behalf: o List of Insurance Placements: ■ Underground Storage Tanks ■ Excess Liability (Buffer) Excess Workers' Compensation (Buffer) ■ Terrorism • Difference in Conditions (Earth Movement & Flood) • Work with Client to prepare comprehensive underwriting data and criteria for insurance carrier negotiations. • Formally present coverage submissions to agreed upon insurance carrier(s) and negotiate terms on behalf of Client. • Summarize the results of executing the marketing strategy developed with Client and communicate program recommendations. • Provide consultation to Client on exposures, existing coverage, and the desirability and/ or feasibility of potential program changes, retention and data analysis as recommended by Gallagher. • Request change endorsements, when requested by the Client or when otherwise necessary, ensuring accuracy and delivery in a timely manner. • Administration of insurance program (only if applicable), including policy review and issuance, invoicing, coordination and/ or issuance of required documentation, i.e., certificates of insurance, and other program administration, as required by the Client. • Review accounting and billing data; audit information from insurance carriers to ensure accuracy. • Other Services: o Risk Control Services o Loss control consultation and claim advocacy o Certificate Tracking INDEPENDENT CITIES RISK MANAGEMENT AUTHORITY 1 C R M AA Joint Powers Authority Bill To: CITY OF SANTA ANA 20 Civic Center Plaza 4th Floor (Risk Management) Santa Ana,CA 92701 INVOICE Customer #: Invoice #: CUS_1047 4373 Invoice Date: Due Date: 07/01/2024 07/31/2024 Total Due: $ 8,248,894.00 Description Amount Liabilfty Program 2024/2025 6,927,723.00 Workers' Compensation Program 2024/2025 459,770.00 Property & Equipment Breakdown Program 2024/2025 534,757.00 Auto Physical Damage APD Program 2024/2025 185,294.00 Crime Program 2024/2025 17,563.00 C ber Program 2024/2025 118,787.00 2024/2025 Risk Management Fund Contribution - OPTIONAL 5,000.00 TOTAL AMOUNT DUE $ 8,248,894.00 Wire (ACH) Davments: Bank Name: Bank Address: Routing Number: Account Number: For credit to: Checks: Please mail payments to Payment Instructions California Bank & Trust 520 Capitol Mall, Suite 380, Sacramento, CA 95814 121002042 1030068561 Independent Cities Risk Management Authority ICRMA c/o Eide Bailly LLP Attn: Brad Rockabrand 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA 91730 In accordance with Article V Section D.1-3 of the ICRMA Bylaws, unless other arrangements for payment have been approved by the Governing Board, Members with delinquent amounts due shall be assessed a penalty which shall be one percent of the unpaid amount due and payable to the Authority 30 days after the initial invoice due date. A penalty of another one percent shall accrue after an additional 45 days. Interest shall accrue on all delinquent amounts due and payable to the Authority at the applicable rate of 10% per annum from the due date of the billing until the date finally posted by the designated financial institution. A member may appeal any surcharge assessed in accordance with Article XII of the ICRMA Bylaws. 18201 Von Karman, Suite 200, Irvine, CA 92612 Phone: 760-217-4952 Questions: ICRMA-Payments@eidebailly.com Arthur J. Gallagher Risk Management Services, LLC San Francisco, CA 94105 Phone: (415)546-9300 BATM11 Invoice # 5195470 1 of ACCOUNT NUMBER DATE SANTAANA-1 7/15/2024 BALANCE DUE ON AMOUNT DUE 7/8/2024 $3,473,573.47 City of Santa Ana 20 Civic Center Plaza, M-28 Risk Management, 4th Floor Gallagher g Santa Ana, CA 92701 Insurance I Risk Management I Consulting Excess Workers Comp PolicyNumber: ABL100000805 Company: Response Indemnity Company of California Effective: 7/1/2024 to 7/1/2025 Item # Trans Eff Date Due Date Trans Description Amount 34874868 7/1/2024 7/8/2024 RENB WC Buffer - $500K xs $1.5M SIR $300,027.00 Difference in Conditions PolicyNumber: ESP30001763404 Company: Endurance American Specialty Ins Co Effective: 7/1/2024 to 7/1/2025 Item # Trans Eff Date Due Date Trans Description Amount 34874912 7/1/2024 7/8/2024 RENB Primary EM/Flood - $5M part of $10M $370,000.00 34874916 7/1/2024 7/8/2024 SLTX Surplus Lines Taxes $11,100.00 34874919 7/1/2024 7/8/2024 STFX Stamping Fees $666.00 Excess Liability PolicyNumber: IXG677029A Company: General Star Indemnity Company Effective: 7/1/2024 to 7/1/2025 Item # Trans Eff Date Due Date Trans Description Amount 34982883 7/1/2024 7/15/2024 RENB Excess Liability Buffer- $1M xs $2M SIR $1,750,000.00 34982885 7/1/2024 7/15/2024 SLTX Surplus Lines Taxes - CA $52,500.00 34982887 7/1/2024 7/15/2024 STFX Stamping Fees - CA $3,150.00 Difference in Conditions PolicyNumber: LHD944859 Company: Landmark American Insurance Company Effective: 7/1/2024 to 7/1/2025 Item # Trans Eff Date Due Date Trans Description Amount 34874968 7/1/2024 7/8/2024 RENB Primary EM/Flood - $2.5M part of $10M $185,000.00 34874970 7/1/2024 7/8/2024 CFEE Carrier Policy Fee $1,500.00 34874984 7/1/2024 7/8/2024 SLTX Surplus Lines Taxes $5,595.00 34874989 7/1/2024 7/8/2024 STFX Stamping Fees $335.70 Excess Difference in Conditi PolicyNumber: MCQ0101224 Company: Mt Hawley Insurance Company Effective: 7/1/2024 to 7/1/2025 Item # Trans Eff Date Due Date Trans Description Amount Please return this portion with your payment. Include your invoice number on your remittance to expedite processing. City of Santa Ana 20 Civic Center Plaza, M-28 Risk Management, 4th Floor Santa Ana. CA 92701 Please send your remittance to: Arthur J. Gallagher Risk Management Services, LLC P.O. Box 39735 Chicago, IL 60694-9700 BATM I 1 Invoice # 5195470 ACCOUNTNUMBER DATE SANTAANA-1 7/15/2024 7/8/2024 $3,473,573.47 AMOUNT PAID PAY ONLINE AT: WWW.AJG.COM/EZPAY Gallagher Insurance I Risk Management I consulting Arthur J. Gallagher Risk Management Services, LLC San Francisco, CA 94105 Phone: (415)546-9300 City of Santa Ana 20 Civic Center Plaza, M-28 Risk Management, 4th Floor Santa Ana, CA 92701 34875022 7/1/2024 7/8/2024 RENB 34875025 7/1/2024 7/8/2024 CFEE 34875029 7/1/2024 7/8/2024 SLTX 34875033 7/1/2024 7/8/2024 STFX Excess Difference in Conditi PolicyNumber: Item # Trans Eff Date 34875047 7/1/2024 34875049 7/1/2024 34875054 7/1/2024 34875059 7/1/2024 Difference in Conditions PolicyNumber: Item # Trans Eff Date 34874944 7/1/2024 34874952 7/1/2024 34874955 7/1/2024 34874958 7/1/2024 Terrorism Standalone PolicyNumber: Item # Trans Eff Date 34874844 7/1/2024 34874846 7/1/2024 34874850 7/1/2024 PE705469 Due Date 7/8/2024 7/8/2024 7/8/2024 7/8/2024 PLM0084424 Due Date 7/8/2024 7/8/2024 7/8/2024 7/8/2024 W27DO7240601 Due Date 7/8/2024 7/8/2024 7/8/2024 Trans RENB CFEE SLTX STFX Trans RENB CFEE SLTX STFX Trans RENB SLTX STFX BATM11 Invoice # 5195470 2 of 3 ACCOUNT NUMBER DATE SANTAANA-1 7/15/2024 BALANCE DUE ON AMOUNT DUE 7/8/2024 $3,473,573.47 Gallagher Insurance I Risk Management I Consulting XS EM/FL - $5M xs $10M Catastrophe Analysis Fee Surplus Lines Taxes Stamping Fees Company: Palomar Excess and Surplus Insurance Compan Effective: 7/1/2024 Description XS EM/FL - $10M xs $15M Catastrophe Analysis Fee Surplus Lines Taxes Stamping Fees Company: Palms Insurance Company, Limited Effective: 7/1/2024 Description Primary EM/Flood - $2.5M part of $10M Carrier Policy Fee Surplus Lines Taxes Stamping Fees Company: Lloyd's Syndicate 3623 (Beazley Furlonge Limite Effective: 7/1/2024 Description Terrorism Standalone - $10M Surplus Lines Taxes Stamping Fees Total Invoice Balance: Please return this portion with your payment. Include your invoice number on your remittance to expedite processing. City of Santa Ana 20 Civic Center Plaza, M-28 Risk Management, 4th Floor Santa Ana. CA 92701 Please send your remittance to: Arthur J. Gallagher Risk Management Services, LLC P.O. Box 39735 Chicago, IL 60694-9700 $229,100.00 $500.00 $6,888.00 $413.28 to 7/1/2025 Amount $338,338.00 $600.00 $10,168.14 $610.09 to 7/1/2025 Amount $185,000.00 $1, 500.00 $5,595.00 $335.70 to 7/1/2025 Amount $14,200.00 $426.00 $25.56 $3,473,573.47 BATM11 Invoice # 5195470 ACCOUNTNUMBER DATE SANTAANA-1 7/15/2024 7/8/2024 $3,473,573.47 AMOUNT PAID PAY ONLINE AT: WWW.AJG.COM/EZPAY Gallagher Insurance I Risk Management I consulting Arthur J. Gallagher Risk Management Services, LLC San Francisco, CA 94105 Phone: (415)546-9300 City of Santa Ana 20 Civic Center Plaza, M-28 Risk Management, 4th Floor Santa Ana, CA 92701 -- --.q r A —do BATMH Invoice # 5195470 3 of 3 ACCOUNT NUMBER DATE SANTAANA-1 7/15/2024 BALANCE DUE ON AMOUNT DUE 7/8/2024 $3,473,573.47 Gallagher Insurance I Risk Management I Consulting Please return this portion with your payment. Include your invoice number on your remittance to expedite processing. BATM I 1 City of Santa Ana Invoice # 5195470 20 Civic Center Plaza, M-28 Risk Management, 4th Floor ACCOUNTNUMBER DATE Santa Ana. CA 92701 SANTAANA-1 7/15/2024 7/8/2024 $3,473,573.47 AMOUNT PAID Please send your remittance to: Arthur J. Gallagher Risk Management Services, LLC P.O. Box 39735 Chicago, IL 60694-9700 \ PAY ONLINE AT: WWW.AJG.COM/EZPAY Gallagher Insurance I Risk Management I Consulting