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<br />C. Loss Record <br /> <br />Self-insuring to $1 million per occurrence can bring with it a significant year-to-year <br />swing in losses incurred. The City's loss experience bears this out. Table IV-2 expresses <br />the City's five-year liability loss history as a rate per $100 of payroll and compares the <br />City to five other California cities on which we were able to obtain comparative data. <br /> <br />Table IV-2 <br />Liability Loss Rates <br />Per $100 Payroll <br /> <br /> <br />Mountain View 0.63 1.61 0.53 0.13 0.35 0.65 <br />San Leandro 3.77 1.13 6.04 2.01 1.84 2.96 <br />West Covina 4.59 4.17 0.58 1.86 3.18 2.88 <br />San Buenaventura 2.18 0.95 0.92 0.86 1.21 1.22 <br />Alameda 1.15 0.64 0.52 2.30 0.60 1.04 <br />Redwood City 2.09 0.85 2.09 1.26 1.62 1.58 <br /> <br />The City's loss rate overthe five-year period ranged from $1.13 to $6.04. The worst year, <br />2002/03, had a rate over twice the average for the five-year period. Full funding of the <br />outstanding liabilities helps to secure the funding resources that can be drawn upon to <br />deal with unplanned adverse loss development. <br /> <br />D. Catastrophic Protection <br /> <br />Protecting the City from extremely large liability losses is its participation in the <br />California Joint Powers Risk Management Authority (CJPRMA). The program affords <br />$40 million in liability protection on a broad, well constructed, coverage form. While the <br />$40 million limit applies to most types of claims, lower limits are afforded for named <br />liability claims as shown in Table IV-3. <br /> <br />39 <br /> <br />ARM <br /> <br />Tee h <br />