DATE: May 26, 2020
TO: Board of Supervisors
SUBMITTED BY: Paul Nerland, Director of Human Resources
SUBJECT: Amendment of CSAC Excess Insurance Authority Joint Powers Agreement
RECOMMENDED ACTION(S):
TITLE
Approve and authorize the Chairman to execute the amended CSAC Excess Insurance Authority, now called the Public Risk Innovation, Solutions and Management (PRISM), Joint Powers Agreement.
REPORT
There is no Net County Cost associated with the recommended action. The amended Joint Powers Agreement (JPA) will amend the existing CSAC Excess Insurance Authority (EIA) JPA, to rename the joint powers agency created by the joint powers agreement from CSAC EIA to the PRISM. Additionally, the amended JPA removes the CSAC membership requirement. This item is countywide.
ALTERNATIVE ACTION(S):
The Board may choose not to approve the JPA Amendment.
FISCAL IMPACT:
There is no Net County Cost associated with this amendment.
DISCUSSION:
CSAC Excess Insurance Authority (EIA) was formed by and for the California counties in 1979 by the California State Association of Counties (CSAC). Today, 55 out of 58 counties in California participate in one or more of the CSAC EIA programs. In 2001, the EIA expanded its offerings to other California public agencies. At this point over 70% of the cities in California participate in one or more of the EIA programs. In addition, a variety of special districts, school districts, and JPAs also participate in EIA programs. The EIA is recognized as the largest public entity property and casualty pool in the United States.
After 40 years of existence, the EIA is proposing to change its name to Public Risk Innovation, Solutions, and Management (PRISM). The consideration of a name change came at the request of CSAC (California State Association of Counties) due to the on-going confusion over CSAC EIA and CSAC being two separate entities. There is additional confusion in the CSAC EIA name as it relates to their current identity. The EI...
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