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 identity as one of the largest, most successful member-directed risk sharing pools in the nation.
The main purpose of the proposed Amendment to the JPA Agreement is to substitute the new name for the old one throughout the document. One other notable change is that the provision that county members must maintain their membership in CSAC is being removed. This will help the organization create a unique identity apart from CSAC. The removal of this requirement does not affect the governance of the EIA in any way. The EIA’s relationship with CSAC is very good and its desire is to continue to foster strong and collaborative relationship with CSAC going forward. CSAC is aware of this proposed change and has not expressed any concern over it.
Since the JPA Agreement was being amended to address the name change and removal of the CSAC membership requirement, the EIA has also made some other amendments to the Agreement to “clean up” the document to coincide with current practices and the future vision of the organization.
The proposed changes are an amendment to an existing JPA (CSAC EIA), the existing JPA is not being “rescinded or terminated”, and the parties to the amended agreement are not entering into an agreement to create a new Joint Powers Authority.
FINANCIAL IMPACT:
There is no financial impact to executing the Amendment to the CSAC Excess Insurance Authority JPA Agreement.
STRATEGIC FRAMEWORK:
This action supports your Board’s Strategic Framework by fostering transparent, accessible, welcoming and user friendly services .
OTHER AGENCY INVOLVEMENT:
N/A
ALTERNATIVES TO STAFF RECOMMENDATIONS:
Your Board could choose to not authorize the execution of the CSAC Excess Insurance Authority Joint Powers Agreement. This is not recommended as the county is a member of the CSAC Excess Insurance Authority and should maintain an executed updated Joint Powers Agreement.
ATTACHMENTS:
Resolution Amending the JPA Agreement
Amendment to the JPA Agreement - Redline
Amendment to the JPA Agreement - Final
PREVIOUS ACTION/REFERRAL:
Board Order No.: N/A
Meeting of: N/A
File No.: N/A