Alliant Final FY 23-34 Insurance Program Renewal

Line of Coverage
Renewal Date
Carrier (s)
2022/2023
Program Cost 
(Annual)
Estimated % 
Change
2023/2024 Estimated 
Cost
Low
2023/2024 Estimated 
Cost
High
2023/2024          
Actual  Cost
Notes
$1,723,337.54
$1,902,564.64
$336,844.80
$561,056.00
$219,123.73
$273,904.67
Excess Liability $1M SIR with $40M Excess 
Policy Limits 
7/1/2023
1. $ 5M Safety National             
2.  $5M X $5M Princeton            
3. $10M X $10M AWAC           4. 
$ 5M X $20M Hallmark       5. 
$10M X $25M Navigators          
6. $ 5M X $35M Great- 
American 
$1,815,274.26
20.00%
$2,043,883.28
$2,178,329.11
$2,043,883.28
Alliant Crime Insurance Program (ACIP) 
7/1/2023
National Union Fire Insurance 
Company (AIG)
$30,761.00
15.00%
$35,375.15
$35,375.15
Subject to Employee Count
Fiduciary Liability
7/10/2023
Hudson Insurance Company
$15,298.00
16.67%
$18,357.60
$18,357.60
$15,564.00
Subject to Plan Assets
Premises Pollution Liability
8/15/2023
Allianz Interstate Fire & 
Casualty Company
$69,055.25
16.67%
$82,866.30
$82,866.30
Special Liability Insurance Program (SLIP)
Regional Public Safety Training Center
9/29/2023
Great American E&S Insurance 
Company
$7,818.68
10.00%
$8,600.55
$8,600.55
Airport Liability Owners’ and Operators’ 
Liability
7/1/2023
ACE Property and Casualty 
Insurance Company (Chubb)
$11,894.00
15.00%
$13,678.10
$13,678.10
Drone Liability
7/1/2023
Starr Companies
$13,014.00
44.08%
$14,315.40
$18,750.00
$18,750.00
TOTAL:
$3,710,065.11
35.19%
$4,496,382.45
$5,015,519.00
Excess Workers’ Compensation and 
Employer’s Liability 
(Self Insured Retention $2M, except $2.5M 
Presumptive Loss and $1.5M per employee 
for Wildland Firefighting)
7/1/2023
Safety National Casualty 
Corporation 
$423,781 
13.39%
$480,514.19 
$500,477.00 
Renewal Quote: 
$480,477.00                  
Subject to Payroll 
Changes
22-23 Payroll 
$152,439,355
23-24 Payroll 
$160,052,354
0.0278  % change includes 3% increase in 
payroll.  Rate only changed 8%
end of year true-up estimated at $20K
BBR -Cyber Enhancement over APIP for 
Notified Individuals- (250,000 Notified Lives) 
+ Cyber Excess Solutions $2M XS $4M and 
+Cyber Excess $2M XS $6M for $8M total 
cyber limits)
7/1/2023
Beazley-Lloyds 
$280,704.00
ACES Alliant Cyber Excess Solutions $2M XS 
$2M
7/1/2023
Ironshore
$182,603.11
Subject to meeting minimum security 
controls
Subject to meeting minimum security 
controls,
Added an additional $2M in limits
Alliant Property Insurance Program (APIP)
 Includes Property, Boiler & Machinery, 
Earthquake, Flood, Auto, Cyber Liability, and 
Pollution Liability coverages
7/1/2023
Various Including - Lexington
$1,283,642.81
22-23 TIV $927,593,499
23-24 TIV $996,262,625
TIV Trended at 7.5%
22-23 Account Rate $0.1384
23-24 Projected Account Rate $0.1799
48.22%
99.87%
50.00%