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Agenda Packet_2025-08-05
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Agenda Packet_2025-08-05
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7/30/2025 5:11:00 PM
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Agenda Packet
Agency
Clerk of the Council
Date
8/5/2025
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<br />City of Santa Ana <br />Excess Liability Buffer - $1M xs $2M SIR <br />Carrier Information Proposed <br />Policy Term 7/1/2025 - 7/1/2026 <br />Carrier Princeton Excess & Surplus Lines Ins Co <br />A.M. Best Rating <br />Admitted/Non-Admitted <br />Payment Plan <br />Payment Method <br />A+ XV <br />Non-Admitted <br />Premium is payable within 60 days of binding <br />Agency Bill <br />Premium & Exposures <br />Premium <br />Proposed <br />$1,625,000.00 <br />$48,750.00State Tax: <br />Stamping Fee: <br />TRIA <br />$2,925.00 <br />$33,533.50 <br />Minimum Type <br />Minimum Amount / Description <br />Estimated Cost <br />Minimum Earned Premium <br />25% <br />$1,676,675.00 <br />Standard Coverages <br />Auto Liability: Specific Limit <br />General Liability: Specific Limit <br />General Liability: Policy Aggregate Limit <br />*Law Enforcement Liability: <br />- Specific Limit <br />Proposed <br />$1,000,000 <br />$1,000,000 <br />**$3,000,000 <br />$1,000,000 <br />- Policy Aggregate Limit <br />*Sexual Abuse <br />**$3,000,000 <br />- Specific Limit $1,000,000 <br />- Policy Aggregate Limit <br />Professional Liability: <br />- Specific Limit <br />**$3,000,000 <br />$1,000,000 <br />- Policy Aggregate Limit <br />*EPLI: <br />**$3,000,000 <br />- Specific Limit $1,000,000 <br />- Policy Aggregate Limit <br />*Sexual Harassment: <br />- Specific Limit <br />**$3,000,000 <br />$1,000,000 <br />- Policy Aggregate Limit **$3,000,000 <br />Additional Coverages Proposed <br />Annual Aggregate $3M applies to all Lines except Auto Liability <br />Deductibles/SIR Proposed <br />Retention: Auto Liability - Underlying Retention $2,000,000 <br />Retention: General Liability - Underlying <br />Retention $2,000,000 <br />13 <br /> <br /> <br />City Council 15 – 17 8/5/2025
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