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<br />City of Santa Ana <br />Insurance Company ** (AM <br />Best Rate/FinancialLine Of Coverage Market Response *Premium <br />Strength); Admitted*** <br />Palomar Excess and Surplus <br />Insurance Company (A X); <br />Princeton Excess & Surplus <br />Lines Ins Co (A+ XV); Non- <br />Admitted <br />Excess DIC - $10M <br />Excess $15M <br />Recommended Quote: Rate reduction of 10%, a <br />premium savings of nearly $30,000 $320,559.62 <br />Palomar Excess and Surplus <br />Insurance Company (A X); <br />Non-Admitted <br />Princeton Excess & Surplus <br />Lines Ins Co (A+ XV); Non- <br />Admitted <br />New Option: Excess <br />DIC - $5M Excess <br />$25M <br />Quoted additional $5M in limits to bring the total <br />DIC coverage the $30M $92,862.00 <br />Palomar Excess and Surplus <br />Insurance Company (A X); <br />Princeton Excess & Surplus <br />Lines Ins Co (A+ XV ); Non- <br />Admitted <br />New Option: Excess <br />DIC - $10M Excess <br />$25M <br />Quoted additional $10M in limits to bring the total <br />DIC coverage the $35M $170,247.00 <br />Palomar Excess and Surplus <br />Insurance Company (A X); <br />Princeton Excess & Surplus <br />Lines Ins Co (A+ XV ); Non- <br />Admitted <br />New Option: Excess <br />DIC - $15M Excess <br />$25M <br />Quoted additional $15M in limits to bring the total <br />DIC coverage the $40M $252,791.00 <br />$14,919.83 <br />Recommended Quote: for $14,919.83 for the <br />expiring $10M Combined Property/Liability LimitLloyd's Syndicate 3623 <br />(Beazley Furlonge Limited) (A <br />XV); Non-Admitted Also provided options for a $1M or $5M combined <br />limit <br />Texas Insurance Company <br />(A- XII); Non-Admitted; Non- <br />Admitted <br />Quoted - $15,447.00 for the $10M Combined <br />Property/Liability Limit.Terrorism <br />Quoted – Not competitive <br />Indian Harbor Insurance <br />Company (A XV); Non- <br />Admitted <br />To secure a $10M Property Damage Limit would <br />be $20,000. To secure a separate $1M Liability <br />Limit would be $10,000. <br />*If shown as an indication, the actual premium and acceptance of the coverage requested will be determined by the market after <br />a thorough review of the completed application. <br />**Gallagher companies use AM Best rated insurers and the rating listed above was verified on the date the proposal document <br />was created. <br />Best's Credit Ratings™ reproduced herein appear under license from AM Best and do not constitute, either expressly or <br />impliedly, an endorsement of Gallagher’s service or its recommendations. AM Best is not responsible for transcription errors <br />made in presenting Best's Credit Ratings™. Best’s Credit Ratings™ are proprietary and may not be reproduced or distributed <br />without the express written permission of AM Best. <br />A Best’s Financial Strength Rating is an independent opinion of an insurer’s financial strength and ability to meet its ongoing <br />insurance policy and contract obligations. It is not a warranty of a company’s financial strength and ability to meet its obligations <br />to policyholders. Best's Credit Ratings™ are under continuous review and subject to change and/or affirmation. For the latest <br />Best’s Credit Ratings™ and Guide to Best’s Credit Ratings, visit the AM Best website at http://www.ambest.com/ratings. <br />7 <br />  <br />  <br />City Council 15 – 11 8/5/2025