To: Board of Supervisors
From: Human Resources
Agenda Section: Consent
SUBJECT:
title
Amendment to the CSAC Excess Insurance Authority Joint Powers Agreement
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Authorize the Chair and/or the county's designated primary CSAC Excess Insurance Authority to execute the proposed Amendment to the CSAC Excess Insurance Authority Joint Powers Authority (JPA) Agreement.
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SOURCE OF FUNDING:
N/A
DISCUSSION:
After 40 years of existence, the Excess Insurance Authority (EIA) is proposing to change its name to Public Risk Innovation, Solutions, and Management (otherwise known as PRISM). The consideration of a name change came at the request of the California State Association of Counties (CSAC) due to the on-going confusion over the fact that CSAC EIA and CSAC are two completely separate entities. There is additional confusion in the CSAC EIA name as it relates to the EIA's current identity. The EIA offers multiple primary and excess programs and is no longer singularly focused on "excess" programs. The EIA is not an insurance company and does not provide "insurance" from a technical standpoint.
The subject of a name change was discussed with the EIA's Executive Committee and various Committee Chairs at a strategic planning retreat in November 2019. Thereafter, the Executive Committee approved moving forward with a name change. Staff and a sub-committee of Executive Committee members were tasked with coming up with a new name. Some points that were at the forefront of the discussions regarding a new name include: (1) removing confusion by eliminating "CSAC," "Excess," and "Insurance" from their name; and (2) taking California out of the name since the organization is poised to expand its programs and services to public agencies across the nation. The new name - Public Risk Innovations, Solutions, and Management (PRISM) will support the organization's current and future ident...
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