Transcript How Insurance Requirements in Contracts Work

FOA/PSSOA Costa Mesa
March 12, 2014
Presented by:
Zachary Gifford
Assoc. Director, Systemwide Risk Mgmt.
The California State University
562.951.4580
[email protected]
Daniel J. Howell
CSURMA Program Administrators
Alliant Insurance Services, Inc.
415.403.1426
[email protected]
Presentation Outline
 CSURMA Overview
 Program Administration
 Coverage Programs
 Claims
 Dividends
 Program Funding Status
 Program Services
2
CSURMA Overview
 California State University Risk Management
Authority (CSURMA) – joint powers authority created
to provide insurance & risk management services for
CSU Campuses and Auxiliary Organizations, including
insurance and self-insurance.
 Auxiliary Organizations Risk Management Alliance
(AORMA) - operates within CSURMA to offer tailored
coverage for CSU Auxiliary Organization, including
lower deductibles and other special coverage
requirements.
3
Program Administration
4
Program Administration
5
Program Administration
Governing Documents:




CSURMA Joint Powers Agreement
CSURMA Bylaws
Bagley Keene Act
California Fair Political Practices Commission
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Program Administrators
Daniel Howell
Program Director
D: (415) 403-1426
M: (415) 309-1243
[email protected]
Robert Leong
Mimi Long
Robert Frey
Jacki Graf
Campus Programs
AORMA Programs
Claims Manager
WC Claims Consultant
D: (415) 403-1441
M: (619) 405-9549
[email protected]
D: (415) 403-1423
M: (415) 609-5166
[email protected]
D: (415) 403-1445
M: (415) 518-8490
[email protected]
D: (415) 403-1438
[email protected]
Stacey Weeks
Van Rin
Hsan Htein
Myron Leavell
Tevea Him
AIME, Foreign Travel
Program Administrator
Program Administrator
JPA Administrator
JPA Administrator
(415) 403-1448
[email protected]
(415) 403-1408
[email protected]
(415) 403-1452
[email protected]
(415) 403-1404
[email protected]
(415) 403-1416
[email protected]
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Coverage Programs - Campus
 Student Professional Liability Insurance Program (SPLIP)
 Student Academic Field Experience for Credit Liability Insurance
Program (SAFECLIP)
 Auto Physical Damage Insurance (APD)
 Inland Marine Insurance (fine arts, special equipment, scientific instruments,
cameras, laptops, etc.)
 Blanket Student Travel Accident
 Foreign Travel Insurance Program (FTIP)
 Club Sports Insurance Program (CSIP)
 Builder’s Risk Insurance Program (BRIP)
 Owner-Controlled Insurance Program (OCIP)
 Special Liability Insurance Program (SLIP)
 Vendors / Contractors Liability Program (VCP)
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Coverage Programs - AORMA
 General / Errors & Omissions Liability, including Directors & Officers
Liability, Professional Liability, Liquor Liability, Employment Practices Liability,
Fiduciary Liability, etc.
 Automobile Liability - owned, non-owned, hired / leased autos.
 Property / Boiler & Machinery – owned/leased buildings, may include
contents.
 Workers’ Compensation & Employer’s Liability
 Crime (Employee Fidelity)
 Unemployment Insurance
 Automobile Physical Damage Insurance
 Inland Marine Insurance (fine arts, special equipment, scientific instruments,
cameras, laptops, etc.)
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Claims - Campus Liability
Top 5 Claims Category - # Claims
Five Years: 2007-2013
180
169
160
140
120
92
100
83
80
60
40
33
32
Police
Fall from Height
20
0
Employment
Practices
Automobile Damage
Slip & Fall
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Claims - Campus Liability
Top 5 Claims Category - $ Incurred
Five Years: 2007-2013
$14,000,000
$13,247,597
$12,000,000
$10,000,000
$7,729,352
$8,000,000
$6,000,000
$4,000,000
$2,665,596
$2,480,000
$2,000,000
$1,898,869
$0
Employment
Practices
Fall From Height
Burns
CEQA
(Environmental
Quality)
Animal
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Claims - Campus WC
Top 5 Claims by Occupation - # Claims
Five Years: 2007-2013
1,000
903
900
800
700
600
500
396
400
368
333
300
293
200
100
0
CUSTODIAN
STUDENT ASSISTANT ADMIN SUPPORT
COORDINATOR
ADMIN ANALYST/
SPECIALIST
ADMIN SUPPORT
ASSISTANT
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Claims - Campus WC
Top 5 Claims by Occupation - $ Incurred
Five Years: 2007-2013
$14,000,000
$12,310,309
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$3,996,464
$4,000,000
$3,632,355
$3,408,916
$3,236,535
INSTRUCTOR
FACULTY
POLICE OFFICER
$2,000,000
$0
CUSTODIAN
ADMIN SUPPORT ADMIN SUPPORT
COORDINATOR
ASSISTANT
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Claims - Campus WC
Top 5 Cause of Loss - # Claims
5 Years: 2007-2013
2,000
1,800
1,772
1,539
1,600
1,400
1,200
1,000
800
600
489
484
400
237
200
0
Strain or Injury By
Fall, Slip or Trip Injury
Struck or Injured By
Cut, Puncture, Scrape
Striking Against or
Stepping On
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Claims - Campus WC
Top 5 Cause of Loss - $ Incurred
5 Years: 2007-2013
$25,000,000
$20,000,000
$19,769,011
$15,055,042
$15,000,000
$10,000,000
$4,226,158
$5,000,000
$2,214,010
$1,607,306
Motor Vehicle
Striking Against or
Stepping On
$0
Strain or Injury By
Fall, Slip or Trip
Injury
Struck or Injured
By
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Claims - AORMA Liability
Top 4 Claims Category - $ Incurred
Five Years: 2007-2013
$3,500,000
$3,024,917
$3,000,000
$2,500,000
$1,984,544
$2,000,000
$1,500,000
$1,000,000
$500,000
$802,713
$234,227
$0
Auto
Employment Practices
Liability
Slip/Trip and Fall
All Other
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Claims - AORMA WC
Top 6 Claims by Operations - $ Incurred
Five Years: 2007-2013
$3,000,000
$2,720,890
$2,500,000
$2,000,000
$1,777,097
$1,633,243
$1,500,000
$1,000,000
$704,224
$450,949
$500,000
$314,807
$0
Clerical
Profesional /
Student
Activities
Retail
Sports / Day Food Service Manual Labor
Care
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Program Expenses
“Your Premium Dollars at Work”
FY 2011-12 Contributions
Miscellaneous
Services
0.9%
Administrative
Expenses
1.6%
Reserve Funds
15.8%
Reinsurance
Premiums
16.3%
Claims & Claims
Legal
18.5%
Dividend
Distributions
22.0%
Insurance
Premiums
17.8%
Claims
Administration
7.1%
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Dividends - Campus Programs
$18,000,000
$16,000,000
$16,599,342
$15,278,413
$14,038,323
$14,000,000
$12,000,000
$9,867,829
$10,000,000
$9,173,264
$7,504,717
$8,000,000
$5,470,192
$6,000,000
$4,000,000
$2,000,000
$415,861
$0
2007-08
2008-09
Liability
2009-10
Workers' Comp
2010-11
2011-12
2012-13
AIME
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Dividends - AORMA Programs
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
AORMA Liability
AORMA WC
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Program Funding Status
Campus Programs - Pools
Estimated Funding Projected to FYE 13 (undiscounted)
$70,000,000
$9,984,824
$60,000,000
$15,146,702
$50,000,000
$2,643,431
$5,412,233
$40,000,000
$43,446,584
$30,000,000
$20,000,000
$40,724,505
$53,874,522
$43,307,583
$10,000,000
$0
Liability 6/30/12
Liability 6/30/13
Workers' Comp
6/30/12
O/S Claims & ULAE @70% confidence
Workers' Comp
6/30/13
Reserve Funds
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Program Funding Status
Campus Programs - Other
Estimated Funding Projected to FYE 13 (undiscounted)
$3,500,000
$3,000,000
$657,299
$2,500,000
$1,049,892
$2,000,000
$2,245,832
$1,500,000
$11,469
$2,130,051
$1,000,000
$500,000
$1,077,709
$509,061
$0
IDL/NDL/UI
6/30/12
IDL/NDL/UI
6/30/13
AIME
6/30/12 AIME
O/S Claims & ULAE @70% confidence
6/30/13
Reserve Funds
22
Program Funding Status
AORMA Programs
Estimated Funding Projected to FYE 13 (undiscounted)
$14,000,000
$3,148,343
$12,000,000
$2,972,707
$10,000,000
$8,000,000
$10,340,477
$5,644,922
$4,811,367
$6,000,000
$9,852,867
$4,000,000
$2,000,000
$3,082,180
$3,234,890
$0
Liability
6/30/12
Liability
6/30/13
Workers' Comp Workers' Comp
6/30/12
6/30/13
O/S Claims & ULAE @80% confidence
Reserve Funds
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Program Services
 Contract Review
 Insurance Certificates and Endorsements
– Incoming review
– Outgoing issuance
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Program Services
AORMA Members
 Live HR Consulting
 On-line access to BNA’s HR
Essentials
 Access to a staffed HR
Reference Center
 Monthly HR newsletter in full digital format.
 Weekly legal updates for all 50 states.
 Access to EG’s most popular Compensation & Benefits
Surveys.
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Program Services
AORMA Members
 Records Management
 Compliance Management
 On-line Safety Training
 Custom Learning Management
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Program Services
Did you know…
Alliant Risk Control
provides safety consulting
services for all AORMA
members at no additional
cost.
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Program Services
Risk Reduction Grant Program
Grants are available for safety related items that lead
to a documentable reduction in claim costs.




Specialized training
Safety equipment
Physical improvements
Other safety related items
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CSU IRIC Manual
1. Log into website –
www.CSURMA.org
2. Enter Username &
Password
3. Click “Login Now”
4. Under “Resources” click
“IRIC Manual”
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AORMA Toolkit
1. Log into website –
www.CSURMA.org
2. Enter Username &
Password
3. Click “Login Now”
4. Under “AORMA” click
“AORMA Toolkit”
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AORMA Toolkit
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How to keep Up to Date

“Fitting the Pieces Together” Conference

AOA Conference

Program Manual

CSURMA website

Board meetings

Committee meetings
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Thank You!
Questions?
Please contact your Program Administrators:
Dan Howell, Program Director
415-403-1426 | [email protected]
Rob Leong, Campus Programs
415-403-1441 | [email protected]
Mimi Long, AORMA Programs
415-403-1423 | [email protected]
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