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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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City Clerk
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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 />DIC - $2.5M Part of $10M <br />Carrier Information Proposed <br />Policy Term 7/1/2025 - 7/1/2026 <br />Carrier Landmark American Insurance Company <br />A.M. Best Rating <br />Admitted/Non-Admitted <br />Payment Plan <br />Payment Method <br />A++ XV <br />Non-Admitted <br />In Full <br />Agency Bill <br />Premium & Exposures <br />Premium <br />Proposed <br />$169,549.00 <br />$5,086.47 <br />$305.19 <br />Surplus Lines Tax <br />Stamping Office Fee <br />Exposure / TIV <br />Rate <br />$777,575,467 <br />0.0218 <br />TRIA <br />Minimum Type <br />Minimum Amount / Description <br />Estimated Cost <br />Minimum Earned Premium <br />25 % <br />$174,940.66 <br />Standard Coverages Proposed <br />$2,500,000 P/O: $10,000,000 per occurrence and annual aggregate earth <br />movement and floodProperty Limits <br />Sub-limits: Extra Expense per occurrence $625,000 P/O: $2,500,000 <br />Deductibles/SIR Proposed <br />2.00% *, subject to a minimum of $100,000 per occurrence (Property <br />Damage & Time Element)Deductible : Flood <br />5.00% *, subject to a minimum of $100,000 per occurrence (Property <br />Damage & Time Element)Deductible : Earth Movement <br />Valuations Proposed <br />Replacement Cost <br />Actual Loss <br />Applies <br />Business Income <br />Endorsements (including but not limited to) <br />Warranty Coverage Form <br />Exclusions (including but not limited to) <br />Asbestos Exclusion <br />Cyber, Electronic Data and Systems Exclusion <br />Exclusion - Marijuana <br />Exclusion of Pathogenic or Poisonous Biological or Chemical Materials <br />23 <br /> <br /> <br />City Council 15 – 27 8/5/2025
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