NYE COUNTY AGENDA INFORMATION FORM

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1 Action requested: (Include what, tvith whom, when, where, why, how much ($) and terms) Return to: Amy Fanning Location: Pahrump Phone: Category: Timed Agenda Item Contact: Amy Fanning Phone: (775) Continued from meeting of: 10:00am Agenda : June 16, 2015 Department: Comptroller ITEM Clerk of the Board LI Approved LI Disapproved LI Amended as follows: Board of County Commissioners Action Dept 6. 7 HR Dale 8. Legal 9. Finance County Manager lon Agenda DtLJ Routing & Approval (Sign & ) LI No financial impact Expenditure Impact by FY(s): (Provide detail on Financial Form) Contracts or documents requiring signature must be submitted with three original copies. one for each Commissioner, one for the Clerk, one for the District Attorney, one for the Public and two for the County Manager. Any information provided after the agenda is published or during the meeting of the Commissioners will require you to provide 20 copies: amount of $189, and the Pollution Legal Liability Insurance in the amount of $8, for a total of $197, and is budgeted in Fiscal Year 2016 from Fund Pahrump Town General. Staff recommends approval of the renewal and payment for the NPAIP Property/Liability Insurance in the The renewal is $2, higher than last year and is budgeted in Fund Palirump Town General. future goals, obtained by competitive bid, accountability measures) Complete description of requested action: (Include, if applicable, background, impact, long-term commitment, existing county policy, the Nevada Public Agency Insurance Pool (POOL). For Possible Action - Discussion and deliberation regarding a renewal proposal for the Town of Pahrump from LJAction LJ Presentation I1 Presentation & Action NYE COUNTY AGENDA INFORMATION FORM

2 refer to the POOL Coverage Form edition July 1, This summary is intended for reference only. For specific terms, conditions, limitotions and exclusions, please Ingalls & Associates Prepared By: Pahrump, Town of Prepared For: MEMBER COVERAGE SUMMARY poolpact.com The Power Of The Pool.

3 Thank you for your renewed commitment to the Nevada Public Agency municipal risk sharing pool and now a quarter of a century later, the vast Insurance Pool (POOL). In 1987, four counties in Nevada formed their own pooipact.com The Power Of The Pool.5M Public Agency Compensation Trust Executive Director Nevada Public Agency Insurance Pool Wayne Carlson Sincerely, If you have any questions, please call us toll free: (877) or (775) 885- the services we offer are available on our website at valued partner in the POOL program. Details on the financial performance and encourage you to discuss the services we offer with your insurance agent, a of the extensive services, thus membership retention remains strong. We Our members continue to see great value in being part of POOL/PACT because continue to do a superb job of representing the interests of the Memberowners of POOL. hardworking, and ethical leaders in public sector risk management. They The POOL/PACT Board is comprised of an impressive group of dedicated, serve the public effectively. members. Our mission seeks to help members manage their risks so they can We are pleased to provide this Member Coverage Summary for your review. We continue to excel and provide an unparalleled level of service to our the mission of this organization. majority of Nevada s rural public entities remain committed to each other and Dear POOL Member:

4 RENEWAL COVERAGE PERIOD NAMED MAINTENANCE - poolpact.com The Power Of The Poot. Arson Reward 10% up to $25,000 per loss Data Restoration $100,000 per loss Vehicle Replacement Per Attachment E, if applicable Expense Spoilage Coverage $250,000 per loss Accounts Receivable $5,000,000 per loss Hazardous Substance $250,000 per loss Omissions Money and Securities $500,000 per loss Flood $150,000,000 aggregate Earthquake $150,000,000 aggregate $10,000,000 aggregate - Equipment Breakdown $60,000,000 per loss Unintentional Errors and $5,000,000 per loss Transmission Facilities $100,000 per loss Expediting Expenses $25,000 per loss Cove rage Loss of Income & Extra included Flood Zone A Extensions of Property Coverage: limit of $300,000,000 per loss. The following sub-limits apply to Section V. C. Blanket Limit per schedule of locations on file with POOL subject to a maximum PROPERTY LIMITS Time loss 07/01/ /01/2016 Standard of each and every Pahrump, Town $2,000 all perils PROPOSAL ASSURED DEDUCTIBLE PUBLIC AGENCY INSURANCE POOL (POOL) COVERAGE SUMMARY

5 Combined Single Limit $10,000,000 Each Event/Each Member The Limits of Liability are as follows: pa atpcict.com The Power O[ The Poat refer to the POOL Coverage Form edition July 1, This summary is intended for reference only. For specific terms, conditions, limitations and exclusions, please TOTAL PROGRAM COST: $182, AGENT COMMISSION: $11, TOTAL COST: $170, MEMBER CONTRIBUTION: $5,000 Deductible Option TOTAL PROGRAM COST: $189, AGENT COMMISSION: $12,409.5; TOTAL COST: $177, MEMBER CONTRIBUTION: Privacy Response Expense Coverage $500,000 Aggregate Per Cyber Security Event $2,000,000 Each Member/Annual The Limits of Liability are as follows: CYBER SECURITY EVENT AND PRIVACY RESPONSE EXPENSE COVERAGE LIMITS Group Annual Aggregate limits. Liability Limits are further subject to sub-limits, Member Annual Aggregate Limits and LIABILITY LIMITS

6 TOTAL PROGRAM COST: $173, AGENT COMMISSION: $11, pootpact.com The Power Of The Poot5M MEMBER CONTRIBUTION: $10,000 Deductible Option TOTAL COST: $162,441.76

7 Total Frequency appears to be fairly stable. The claims count pet year averaged 391 for the ten year period. Claims activity overall -I p0 olpact1com The Power Of The Poot.5t1 loss. Severity, based on total loss costs incurred without deduction for excess/reinsurance or member period. Large losses in were from one catastrophic property and one class action liability also was the worst year at 15%. The POOL s retained incurred claims averaged $3,008,184 for the of total costs for all years. Net of member deductibles and of excess/reinsurance payments, deductibles, has averaged $5,551,874 with the worst year (2007-8) at $17,677,991 comprising 32% Net claims 2,320,4 2,223,9 3,760,3 4,636,3 2,910,8 3,830,6 3,596,0 2,971,6 2,293, 1,537, Gross claims 3,677,6 3,466,1 5,239,3 17,667, 4,161,3 5,154, 6,535, 4,188,5 3,360, 2,066, ,000,000 20,000,000 5,000,000 Severity Total Total TOTAL POOL EXPERIENCE

8 NPAIP Membership Counties: Churchill County Douglas County Elko County Esmeralda County Eureka County Humboldt County Lander County Lincoln County Lyon County Mineral County Nye County Pershing County Storey County White Pine County Towns: Town of Gardnerville Town of Genoa Town of Minden Town of Pahrump Town of Round Mountain Town of Tonopah School Districts: Carson City School District Churchill County School District Douglas County School District Elko County School District Esmeralda County School District Eureka County School District Humboldt County School District Lander County School District Lincoln County School District Lyon County School District Mineral County School District Nye County School District Pershing County School District Storey County School District White Pine County School District Cities: Boulder City City of Caliente City of Ca rim City of Elko City of Ely City of Fernley City of Love lock City of Mesquite City of Wells City of West Wendover City of Winnemucca City of Yerington Fire Districts: North Lake Tahoe Fire Protection District Pahranagat Valley Fire District Sierra Fire Protection District Tahoe Douglas Fire Protection District Truckee Meadows Fire Protection District Washoe County Fire Suppression White Pine Fire District Other5: Central Nevada Regional Water Authority County Fiscal Officers Association of Nevada Douglas County Redevelopment Agency Elko Central Dispatch Elko Convention & Visitors Authority Humboldt River Basin Water Authority Nevada Association of Counties Nevada Commission for the Reconstruction of the V & T Railway Nevada League of Cities Nevada Rural Housing Authority Truckee Meadows Regional Planning Agency U.S. Board of Water Commissioners Virginia City Convention & Tourism Authority Western Nevada Regional Youth Center White Pine County Tourism Special Districts: Alamo Water & Sewer District Amargosa Library District Beatty Library District Beatty Water & Sanitation District Canyon General Improvement District CarsonTruckee Water Conservancy District Carson Water Subconservancy District Churchill County Mosquito, Vector and Weed Control District Coyote Springs General Improvement District Douglas County Mosquito District Douglas County Sewer East Fork Swimming Pool District Elko County Agricultural Association Fernley Swimming Pool District Gardnerville Ranchos General improvement District Gerlach General Improvement District Incline Village General Improvement District Indian Hills General Improvement District Kingsbury General Improvement District Lakeridge General Improvement District Lincoln County Water District Logan Creek Estates General improvement District Lovelock Meadows Water District Maria Bay General Improvement District Mason Valley Swimming Pool District Minden Gardnerville Sanitation District Moapa Valley Water District Nevada Tahoe Conservation District Pahrump Library District Palomino Valley General Improvement District Pershing County Water Conservation District Primecare Nevada, Inc. dba Nye Regional Medical Center Sierra Estates General Improvement District Silver Springs General Improvement District Skyland General Improvement District Smoky Valley Library District Southern Nevada Area Communication Council Stagecoach General Improvement District Sun Valley General Improvement District Tahoe Douglas District Tahoe Reno Industrial General Improvement District Tonopah Library District Virgin Valley Water District Walker River Irrigation District Washoe County Water Conservation District West Wendover Recreation District Western Nevada Development District The Power Of The Poot1.. pootpact.com