CSAC EXCESS INSURANCE AUTHORITY BOARD OF DIRECTORS FINAL AGENDA

Transcription

1 CSAC EXCESS INSURANCE AUTHORITY BOARD OF DIRECTORS FINAL AGENDA Hilton Arden West Friday, 2200 Harvard Street 8:30 a.m. Sacramento, California First Meeting As to each agenda item, the Board may take action and/or receive informational reports as appropriate. LOGISTICS 1.A. Voting Process B. Establishment of Quorum/Roll Call... 8 CONSIDERATION OF OFF AGENDA ITEMS Pursuant to Government Code Section (b), except as provided in this paragraph, no action or discussion shall be taken at a regular meeting on any item which does not appear on the posted Final Agenda. Pursuant to Government Code Section (b)(2) an item may be added to the Final Agenda after the Final Agenda has been posted upon a determination by a two-thirds vote of the Board (or an unanimous vote if less than two-thirds of the Board is present); the vote shall be on a motion stating that there is a need to take immediate action and that the need for action came to the attention of the Board subsequent to the Final Agenda being posted. Any such motion shall be accompanied by distribution of a written statement on a form provided by the office of the Chief Executive Officer/Secretary of the Board, to be included in the record, stating the facts upon which it can be determined that the need to take action arose after the Final Agenda was posted. In addition, action may be taken on an item not on the posted Final Agenda under the circumstances stated in Government Code Section (b)(1) [emergency] and (b)(3) [continued regular meetings]. CONSENT AGENDA The following Consent Agenda is expected to be routine and non-controversial. It will be acted upon by the Board without discussion. Any Board member, staff member, or interested party may request that any item be removed from the Consent Agenda for later discussion. 2.A. Approval of Minutes, October 6, An action to approve the Minutes of the above meeting. 2.B. Approval of Minutes, December 13, An action to approve the Minutes of the above meeting. 2.C. Code of Conduct An action to acknowledge receipt of the Code of Conduct.

2 Page 2 of 6 2.D. Standard Operating Procedures (SOP) An action to acknowledge receipt of the SOP. 2.E. June 30, 2017 Comprehensive Annual Financial Report (CAFR) An action to acknowledge receipt of the CAFR. 2.F. Interim Financial Statements as of December 31, An action to acknowledge receipt of the interim financial statements. 2.G. June 30, 2017 Excess Insurance Organization (EIO) Audit Report An action to acknowledge receipt of the EIO audit report. 2.H. EWC Target Funding Guidelines An action to approve amending the EWC Program s Target Funding Guidelines. 2.I. GL1 Target Funding Guidelines An action to approve amending the GL1 Program s Target Funding Guidelines. 2.J. EWC & GL1 Program Budget Policies An action to approve the proposed amendments to the EWC & GL1 Program Budget Policies. 2.K. Report on Tenth Annual Public Entity Membership Meeting An action to acknowledge receipt of the report. FINANCIAL MATTERS 3.A. Finance Committee Report B. Investment Advisor s Report (Chandler) An informational report on the status of the EIA and the EIO s portfolio, and an update on the Treasurer s Report. 3.C. 2018/19 Fiscal Year Internal Borrowing Rate (Puneet) An action to set the internal borrowing rate for the 2018/19 fiscal year. GENERAL BUSINESS 4.A. Executive Committee Report James Brown, Merced County, President The President will report on the activities of the Committee since the last Board meeting. Minutes October 5, Minutes November 20, Minutes December 7, Minutes January 4, Minutes February 1,

3 Page 3 of 6 4.B. Amendments to Agenda and Conduct of Meetings Policy (Gina) An action to approve amendments to the Policy. 4.C. Elimination of Program Development Fees (Gina) An action to eliminate future collection of the Program Development Fees for the EWC, GL1, PWC, PGL, Property and Medical Malpractice Programs, and to return the amounts collected in these programs to the members of record, as of July 1, INSURANCE PROGRAMS 5.A. 2018/19 Premium Estimates (Brian) An informational report on the updated 2018/19 premium estimates. 5.B. AmTrust Summary of Program Coverage (Alliant) An informational report regarding A.M. Best s action to place AmTrust s financial strength rating under review with negative implications and the status of prior placements. Excess Workers Compensation Program 5.C.1. Underwriting Committee Report Scott Schimke, GSRMA, Committee Chair 5.C.2. Actuarial Results and 2018/19 Rate Setting (Brian) An action to approve the funding parameters for the 2018/19 year. 5.C /19 Reinsurance Renewal Terms (Alliant) An action to approve the reinsurance renewals for the 2018/19 year. 5.C.4. Risk Transfer to EIO (Brian) An action to transfer the 2018/19 EWC Corridor Retention risk to the EIO. 5.C /19 Deposit Premium Allocation (Brian) An action to approve setting the pool allocation and the administrative charges for 2018/19. 5.C.6. Policy Regarding Disputed Claims with CIGA (Mike P) An action to adopt a Policy regarding the handling of disputed claims with CIGA. General Liability 1 Program 5.D.1. Actuarial Results and 2018/19 Rate Setting (Gina) An action to approve the funding parameters for the 2017/18 year. 5.D /19 Reinsurance Renewal Terms (Alliant) An action to approve the reinsurance renewals for the 2018/19 year. 5.D.3. Risk Transfer to EIO (Gina) An action to transfer the 2018/19 GL1 Corridor Retention risk to the EIO.

4 Page 4 of 6 5.D.4. PGL Program Merger Into GL1 (Gina) An action to approve Resolution B to merge the PGL and GL1 Programs, effective June 30, D /19 Premium Allocation (Gina) An action to approve setting the pool allocation and the administrative charges for 2018/19. 5.D.6. Claims Review Committee Report Kerry John Whitney, Napa County, Committee Chair Primary Workers Compensation Program 5.E.1. Primary Workers Compensation Committee Report Jill Abel, Yuba County, Committee Chair 5.E /19 Renewal Status (Brian/Alliant) An informational report regarding the status of the 2018/19 renewal. Primary General Liability Program 5.F.1. Primary General Liability Committee Report Paul Hight, Sacramento County, Committee Chair 5.F /19 Renewal Status (Gina/Alliant) An informational report regarding the 2018/19 renewal. General Liability 2 Program 5.G.1. General Liability 2 Committee Report Lance Sposito, Santa Clara County, Committee Chair 5.G /19 Renewal Status (Alliant) An informational report regarding the status of the 2018/19 renewal. Medical Malpractice Program 5.H.1. Medical Malpractice Committee Report Tanya Moreno, San Joaquin County, Committee Chair 5.H /19 Renewal Status (Alliant) An informational report regarding the status of the 2018/19 renewal. Property Program 5.I.1. Property Committee Report Lance Sposito, Santa Clara County, Committee Chair

5 Page 5 of 6 5.I /19 Renewal Update (Alliant) An informational report regarding the status and terms for the 2018/19 renewal. Master Rolling Owner Controlled Insurance Program (MR OCIP) 5.J. State of the Program (Alliant) An informational report regarding the MR OCIP. Employee Benefits Programs 5.K.1. EIAHealth Committee Report K.2. EIAHealth Program Update (Sidney) An informational report regarding the EIAHealth Program. 5.K.3. Employee Benefits Committee Report K.4. Dental Program Update (Sidney) An informational report regarding the Dental Program. 5.K.5. Renewal Outlook Ancillary Programs (Sidney) An informational report regarding the renewal of the Employee Benefits Programs. Miscellaneous Programs 5.L. Status and Renewal Outlook (Alliant) An informational report regarding the status of the 2018/19 renewals. INFORMATIONAL REPORTS 6.A. Excess Insurance Organization (EIO) Update (Mike F.) An informational report regarding the recent activities of the EIO. 6.B. Technology Committee Report Heather Correll, Mendocino County, Committee Chair 6.C. Information Technology Update (George) An informational report regarding technology, systems, and current projects. 6.D. Legislative Committee Report Kris Usery, Sacramento County, Committee Vice Chair 6.E. Capitol Report Michael Corbett, Michael Y. Corbett & Associates

6 Page 6 of 6 6.F. Member Services Committee Report Sherri Adams, Solano County, Committee Vice Chair 6.G. Loss Prevention Committee Report H. Member Services/Loss Prevention Update (Rick) An informational report regarding the activities of the Member Services Department. 6.I. Data & Analytics Department Update (Fred) An informational report regarding the activities of the D&A Department. 6.J. Staff Report Staff will report on matters of interest to the Board. PUBLIC COMMENT 1. Claim Summary Reports as of December 31, Disclosure of Underwriting Authority Membership Statistics EIA Annual Report Member Annual Reports Broker Activity Report Service Recognition This portion of the agenda is reserved for members of the general public to address the Board on any matter not on this agenda that is under the jurisdiction of the Board. FUTURE MEETINGS 7. Future Meetings ADJOURNMENT Disability Access: All posted locations for this meeting are wheelchair accessible and disabled parking is available. If you are a person with a disability and you need disability-related modifications or accommodations to participate in this meeting, please contact the Meeting Planner at (916) or (916) (fax). Requests for such modifications or accommodations must be made at least two full business days before the start of the meeting.