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Meeting Date:
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3/8/2023 - 6:00 PM
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Category:
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Recognitions and Resolutions
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Type:
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Action
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Subject:
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10.2 (Original 10.3) Review and Potential Approval of Resolution 22/23-45 Approving a Change in the Liability Program to the Northern California Regional Liability Excess Fund ("RELIEF") Joint Powers Authority
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure
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File Attachment:
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Summary:
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Mt. Diablo Unified School District (MDUSD) staff are carefully reviewing our current liability and workers' compensation coverage to protect MDUSD against unforeseen claims. The District presently has $50,000,000 in liability limits through its membership in the excess liability program from the Schools Excess Liability Fund (SELF) and the Public Risk Innovation, Solutions, and Management (PRISM) and workers' compensation coverage through PRISM. The District was assessed over the last three years supplemental unforeseen assessments in excess of $1.2 million by SELF. In light of ever increasing insurance costs plus unforeseen assessments, District staff has sought alternative coverage to bring its liability and Worker’s Compensation coverage and management under a single umbrella and to join other local school districts to share resources, address common concerns and provide joint liability and worker’s compensation coverage at best value for the District. This Resolution is required for the District to exit PRISM and SELF and join the Northern California Regional Liability Excess Fund ("RELIEF") Joint Powers Agreement for liability and property coverage. The District's self-insured retention would remain at $250,000 and its multiple excess layers would remain at $250,001 - $55,000,000.
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Funding:
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Fiscal Impact
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Calculated cost of renewal anticipated to remain at or close to actuarial basis; additional resources (training modules, etc.) will be made available resulting in undetermined savings.
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Recommendation:
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Move to approve Resolution 22/23-45 Approving a Change in the Liability Program to the Northern California Regional Liability Excess Fund ("RELIEF") Joint Powers Authority.
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Approvals:
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Recommended By:
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Signed By:
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Cesar Alvarado - General Counsel
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Signed By:
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Dr. John Rubio - Chief Human Resources
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Signed By:
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Dr. Lisa Gonzales - Chief Business Officer
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Signed By:
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Dr. Adam Clark - Superintendent
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Vote Results:
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| Original Motion | | Member Linda Mayo Moved, Member Debra Mason seconded to approve the Original motion 'Move to approve Resolution 22/23-45 Approving a Change in the Liability Program to the Northern California Regional Liability Excess Fund ("RELIEF") Joint Powers Authority.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Linda Mayo | Yes | | Debra Mason | Yes | | Cherise Khaund | Yes | | Keisha Nzewi | Yes | | Erin McFerrin | Yes | |
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