City Council

15.\nApprove Renewal of Citywide Insurance Program and Policies Through\nIndependent Cities Risk Management Authority (ICRMA) and Arthur J.\nGallagher, an Appropriation Adjustment of $1,345,359, Associated Insurance\nPremiums, Costs, Programs, and Regulatory Fees for Total Payments Not to\nExceed $13,521,649 (Non-General Fund)\nDepartment(s): Human Resources\nRecommended Action: 1. Authorize the City Manager to approve payment of\ninsurance premiums and associated programs to ICRMA in an amount not to\nexceed $9,501,254 for the protection of City assets from July 1, 2025 through\nJune 30, 2026 including but not limited to:\na. Excess Liability Program\nb. Excess Workers’ Compensation Program\nc. Auto Physical Damage Program\nd. Property and Equipment Program\ne. Crime Program\nf. Cyber Program\ng. Associated Programs\n2. Authorize the City Manager to approve payment of insurance premiums to\nArthur J. Gallagher, Broker, in an amount not to exceed $3,520,395 for\nancillary coverages of City’s assets from July 1, 2025 to June 30, 2026\nincluding but not limited to:\na. General Liability Buffer Program\nb. Workers’ Compensation Buffer Program\nc. Earth Movement & Flood and Difference in Coverage (DIC) Program\nd. Terrorism Insurance Program\ne. Underground Storage Tank and Environmental Program\n3. Authorize the City Manager to approve the City’s obligation to pay the\nState of California Department of Industrial Relations (DIR) estimated\nassessment in the amount not to exceed $500,000.\n4. Approve an Appropriation Adjustment of $1,345,359 in Liability and\nProperty Insurance Revenue to utilize the fund balance through the Prior Year\nCarryforward revenue account (No. 08009002-50001) and appropriate\nspending of the original adopted budget in the same amount from the Liability\n& Property insurance account (No. 08009051-64010). (Requires five\naffirmative votes)