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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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Clerk of the Council
Date
8/5/2025
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<br />City of Santa Ana <br />*Estimated Cost includes all taxes, fees, surcharges and TRIA premium (if applicable)Premiums are due and payable as billed and <br />may be financed, subject to acceptance by an <br />approved finance company. Following <br />acceptance, completion (and signature) of a <br />premium finance agreement with the specified <br />down payment is required. Note: Unless <br />prohibited by law, Gallagher may earn <br />compensation for this optional value-added <br />service. <br />Quote from General Star Indemnity Company (Berkshire Hathaway Insurance Group) is valid until <br />7/1/2025 <br />Quote from Response Indemnity Company of California is valid until 7/1/2025 <br />Quote from Endurance American Specialty Ins Co (Sompo Japan US Group) is valid until 7/1/2025 <br />Quote from Palms Insurance Company, Limited is valid until 6/8/2025 <br />Quote from Landmark American Insurance Company (Allegheny Corporation) is valid until 7/1/2025 <br />Quote from Mt Hawley Insurance Company (RLI Group), etc... is valid until 7/1/2025 <br />Quote from Palomar Excess and Surplus Insurance Company (Palomar Insurance Corporation), <br />etc... is valid until 7/1/2025 Gallagher is responsible for the placement of <br />the following lines of coverage: <br />Quote from Lloyd's Syndicate 3623 (Beazley Furlonge Limited) (Lloyd's Syndicate 3623 (Beazley <br />Furlonge Limited)) is valid until 6/4/2025 Excess Liability Buffer - $1M xs $2M SIR <br />Excess Workers' Compensation <br />DIC - $5M Part of $10MQuote from Princeton Excess & Surplus Lines Ins Co (Munich-American Holding Corporation) is <br />valid until 7/1/2025 <br />DIC - $2.5M Part of $10M <br />DIC - $2.5M Part of $10M <br />Excess DIC - $5M xs $10M <br />Excess DIC - $10M Excess $15M <br />Terrorism <br />Quote from Texas Insurance Company is valid until 7/1/2025 <br />Other Casualty - Underground Storage <br />Tank Liability <br />It is understood that any other type of <br />exposure/coverage is either self-insured or <br />placed by another brokerage firm other than <br />Gallagher. If you need help in placing other <br />lines of coverage or covering other types of <br />exposures, please contact your Gallagher <br />representative. <br />This proposal of insurance features insurance policies which contain cancellation provisions to refund premium other than on a <br />pro-rata basis for such occurrences including but not limited to non-payment of premium (short rate penalty provisions). At your <br />request, we can detail the terms of such cancellation provisions. <br />34 <br /> <br /> <br />City Council 15 – 38 8/5/2025
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