Glendale Premium Renewals 2024-2025

City of Glendale — Regular Meeting (2024-08-13)

View PDF Item 27 Meeting page

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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