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Agenda Packet_2025-08-05
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Agenda Packet_2025-08-05
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Clerk of the Council
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8/5/2025
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<br />City of Santa Ana <br />Premium Summary <br />The estimated program cost for the options are outlined in the following table: <br />Line of Coverage Expiring Proposed <br />Option 1:Option 2:General Star Indemnity <br />Company General Star Indemnity <br />Company <br />Princeton Excess & <br />Surplus Lines Ins Co <br />Excess Liability Buffer – <br />$1M xs $2M SIR Estimated Cost* <br />Estimated Cost* <br />$1,807,650.00 $1,702,470.00 $1,676,675.00 <br />Response Indemnity Company <br />of California Response Indemnity Company of California <br />Excess Workers' <br />Compensation $300,027.00 $327,547.00 $327,547.00 <br />Endurance American Specialty <br />Ins Co Endurance American Specialty Ins Co <br />Estimated Cost* <br />Estimated Cost* <br />Estimated Cost* <br />$381,766.00 $349,881.32 $349,881.32DIC - $5M Part of $10M <br />DIC - $2.5M Part of $10M <br />DIC - $2.5M Part of $10M <br />Palms Insurance Company, <br />Limited Palms Insurance Company, Limited <br />$192,383.00 $176,488.36 $176,488.36 <br />Landmark American Insurance <br />Company Landmark American Insurance Company <br />$190,883.00 <br />Mt Hawley Insurance Company, <br />Underwriters at Lloyd's London <br />$174,940.66 $174,940.66 <br />Mt Hawley Insurance Company, <br />Lloyd's Synd 1458 (RenaissanceRe Synd) <br />Excess DIC - $5M xs <br />$10M Estimated Cost*$236,901.28 $217,193.90 $217,193.90 <br />Palomar Excess and Surplus <br />Insurance Company,Palomar Excess and Surplus Insurance Company, <br />Princeton Excess & Surplus Lines Ins CoPrinceton Excess & Surplus <br />Lines Ins Co <br />Excess DIC - $10M <br />Excess $15M Estimated Cost* <br />Estimated Cost* <br />$349,716.23 $320,559.62 $320,559.62 <br />Lloyd's Syndicate 3623 (Beazley <br />Furlonge Limited)Lloyd's Syndicate 3623 (Beazley Furlonge Limited) <br />$14,651.56 $14,919.83 $14,919.83Terrorism <br />Total Program Cost <br />% Change <br />$3,473,978.07 $3,284,000.70 <br />-5% <br />$3,258,205.70 <br />-6% <br />$ Change ($189,977.37)($215,772.37) <br />33 <br /> <br /> <br />City Council 15 – 37 8/5/2025
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