March 29, 2017
EAGLE Awards Committee is Accepting Award Nominations
Have you implemented an innovative loss prevention or risk management program for your entity, or do you know someone who has? Nominate them for the EIA’s EAGLE (Exemplary Achievement in Government Leadership and Enrichment) Awards Program.
Awards are given for exemplary Loss Prevention and Risk Management initiatives. There are only five weeks left to submit your application or nomination for the Deadline to submit is May 1st.
Property Program Webinar
Join us Wednesday, April 12th at 10:00 a.m. for a one hour webinar where we will review the Property Program, take a look at the program structure and review the coverage changes for this year.
March 31, 2017 Property Renewal
March 31st marks another successful renewal of the EIA Property Program. Overall, the Program will see a slight rate increase from the current year. We continue to take advantage of the soft insurance market to increase earthquake and critical flood limits. In addition, effective for the 2017/18 program year, the members will now benefit from a reduced auto physical damage deductible of $10k, down from $20k for replacement cost valuation for vehicles valued below $250k. Finally, building upon last year’s exciting enhancement of the reduction of the members' earthquake deductible to 2% from the marketplace standard of 5%, the Committee has taken advantage of the soft market and purchased a buy-down of the Program’s self-insured earthquake deductible to $30M, down from $60M. This could save the members a significant amount of money following an earthquake, as well as help ease the burden of working through fiscal recovery from FEMA.
Evidence of renewal coverage will soon be available in the File Management System portion of the EIA Website, and you will receive an email notifying you when the documents are available. Please note, we are evidencing the 17/18 period only for purposes of the evidence, but as usual, the primary level has renewed for a new three-year period (2017/2020).
AlliantConnect is unavailable through Friday, April 7th in order to establish the Total Insured Values for binding with the carriers. Please contact Sara Carlisle if you have any questions or need immediate property schedule changes.
Encounter EIA Handout Available
If you were not able to attend this year’s Encounter EIA Meeting earlier this month – don’t worry! You can still learn about all of EIA’s Governance, Programs and Services covered at Encounter in this handy electronic version. If you have any questions, please don’t hesitate to contact Maria Blanco at 916.850.7300
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