REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
June 25, 2024
FROM
VICTOR TORDESILLAS, Deputy Executive Officer, Department of Risk Management
SUBJECT
Title
Renewal of Various Insurance Programs
End
RECOMMENDATION(S)
Recommendation
1. Approve the renewal of the following insurance programs and premiums:
a. Aircraft Hull & Liability, with $100,000,000 per occurrence and aggregate limits, for a premium of approximately $629,500 with Starr Indemnity & Liability Co for the period of June 30, 2024 through June 30, 2025.
b. Airport Liability, with $100,000,000 per occurrence and aggregate limits, for a premium of approximately $35,500 with Starr Indemnity & Liability Co for the period of June 30, 2024 through June 30, 2025.
c. Inland Marine and Heavy equipment, with $25,000,000 per occurrence and aggregate limits, for a premium of approximately $260,144 with CNA Insurance Company for the period of July 1, 2024 through July 1, 2025.
d. Fiduciary Liability, with $10,000,000 per occurrence and aggregate limits, for a premium of approximately $90,240 with National Union Fire Insurance Company of Pittsburgh (first $5,000,000 layer) and Hudson Insurance Group ($5,000,000 in excess of the first layer) for the period of July 1, 2024 through July 1, 2025.
e. Government Crime, with $15,000,000 per occurrence and aggregate limits for a premium of approximately $84,355 with AIG Insurance Company (first $5,000,000 layer), and Hanover Insurance Group ($10,000,000 in excess of the first layer) for the period of July 1, 2024 through July 1, 2025.
f. Museum Fine Arts, with $3,000,000 per occurrence and aggregate limits, for a premium of approximately $4,332, with Liberty Mutual Insurance Company for the period of July 1, 2024 through July 1, 2025.
2. Authorize the Deputy Executive Officer or Director of Risk Management to execute the initial binding orders on behalf of the County and any subsequent binding orders,...
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