Glendale Premium Renewals 2024-2025
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Line of Coverage Renewal Date Carrier (s) 2023/2024 Program Cost (Annual) Estimated % Change 2 0 2 3 / 2 0 2 4 E s t i m a t e d C o s t L o w 2024/2025 Estimated Cost Alliant Property Insurance Program (APIP) Includes Property, Boiler & Machinery, Earthquake, Flood, Auto, Cyber Liability, and Pollution Liability coverages 7/1/2024 Various Including - Lexington $1,783,110.36 24.24% $2,215,270 BBR -Cyber Enhancement over APIP for Notified Individuals- (250,000 Notified Lives) + Cyber Excess Solutions $2M XS $4M ($6M total cyber limits) 7/1/2024 Beazley-Lloyds $280,704.00 10.00% $ 3 3 6 , 8 4 4 . 8 0 $308,774 ACES Alliant Cyber Excess Solutions $2M XS $2M 7/1/2024 Liberty Surplus Insurance Corporation $186,121.20 10.00% $ 2 1 9 , 1 2 3 . 7 3 $204,733 Excess Liability $1M SIR with $40M Excess Policy Limits 7/1/2024 1. $ 5M Safety National 2. $5M X $5M Princeton 3. $5M X $10M New Carrier 4. $5M X $15M New Carrier 5. $ 5M X $20M StarStone 6. $10M X $25M Navigators 7. $ 5M X $35M Great- American $2,031,898.28 27.60% $ 2 , 0 4 3 , 8 8 3 . 2 8 $2,592,629 Alliant Crime Insurance Program (ACIP) 7/1/2024 National Union Fire Insurance Company (AIG) $30,750.00 17.00% $ 3 5 , 3 7 5 . 1 5 $35,978 Fiduciary Liability 7/10/2024 Hudson Insurance Company $15,564.00 20.00% $ 1 8 , 3 5 7 . 6 0 $18,677 Airport Liability Airport Owners’ and Operators’ Liability 7/1/2023- 7/1/2026 ACE Property and Casualty Insurance Company (Chubb) $14,393.00 N/A $ 1 3 , 6 7 8 . 1 0 $14,393 Drone Liability 7/1/2024 Starr Companies $18,750.00 32.00% $ 1 4 , 3 1 5 . 4 0 $24,750 Premises Pollution Liability 8/15/2023- 8/15/25 Fireman’s Fund Indemnity Corporation $72,483.55 -100.00% $ 8 2 , 8 6 6 . 3 0 $0.00 Special Liability Insurance Program (SLIP) Regional Public Safety Training Center 9/29/2024 Great American E&S Insurance Company $6,793.97 10.00% $ 8 , 6 0 0 . 5 5 $7,473 TOTAL: $4,440,568.36 22.12% $ 4 , 8 9 6 , 8 4 8 . 3 6 $5,422,678 Note: The following lines of coverage do not have market support, these are estimates developed by review of losses, current market trends and exposures Excess Liability and Cyber Line of Coverage Renewal Date Carrier 2023/2024 Program Cost (Annual) Estimated % Change 2024/2025 Estimated Program Cost Excess Workers’ Compensation and Employer’s Liability (Self Insured Retention $2M, except $2.5M Presumptive Loss and $1.5M per employee for Wildland Firefighting) 7/1/2024 Safety National Casualty Corporation $480,477.00 11% $534,575.00