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HomeMy WebLinkAbout9 Attachment 1 - ACWA JPIA 22.23 insurance renewal lettersJP1 TO: FROM DATE: RE: All Liability Program Members David deBernardi, Director of Finance October 1, 2022 2022-2023 Liability Deposit Premiums Invoice ACWA JPIA P.O. Box 619082, Roseville, CA 95661 800.231.5742 1 www.acwajpia.com The JPIA Executive Committee approved the Liability Program Year October 1, 2022 through September 30, 2023 with a 10% rate increase, largely due to a hard excess insurance market. If you have any questions about the invoice, please contact David deBernardi at ddebernardi@acwajpia or (916) 786-5742 ext. 3115. Members are encouraged to pay via ACH. For assistance, please contact Lindsey Johnson at Ijohnson@acwajpia.com or (916) 717-3028, or Shelley Tippit at stippit@acwajpia.com (916) 774-7050 ext. 3162. For those preferring to pay by check, please mail payments to the following address: ACWA JPIA P O Box 619082 Roseville, CA 95661 The invoice is payable upon receipt with a due date of October 31, 2022. Any unpaid portion that becomes more than 60 days past due will be subject to a 1 % late fee each month. TO: FROM DATE: RE: All Property Program Members David deBemardi, Director of Finance July 7, 2022 22-23 Property Program Invoice ACWA JPIA P.O. Box 619082, Roseville, CA 95661 800,231.5742 1 www.acwajpia.com The JPIA Executive Committee adopted a 20% increase in the Property Program rates effective for policy year July 1, 2022 through June 30, 2023. This increase was due to a hard market found in obtainin ase note that inflation factors have been applied to the otal Insured Values (TIV) of 7.5% for all buildings and fixed equipment, as well as 5% to personal property. For any questions regarding the payment of this premium, please contact Shelley Tippit in the Accounts Receivable Department at (800) 231-5742 ext. 3162. Member property schedules can now be found on the JPIA online portal. If you have any questions, please contact Member Services at (800) 231-5742 or e-mail at member@acwajpia.com. Any unpaid portion that becomes more than 60 days past due will be subject to a 1 % late fee each month. Date: August 2022 To From: 2022123 Cyber Liability Program Invoice ACWA JPIA Cyber Liability Program Members Walter "Andy" Sells, ACWA JPIA Chief Executive Officer The Cyber Liability Program renewed on July 1 and is a fully insured program. Premiums for the Cyber Liability Program have historically been included in the cost of the Liability Program and no separate premium has been charged. However, at its June 2111 meeting, the Executive Committee took action to approve billing members separately for Cyber Liability premiums to cover the cost of this year's policy. The fee approved equates to 5% of members' 2021122 Liability Program basic deposit premium. Please find enclosed an invoice equal to 5% of your District's Liability Program basic deposit premium, for the Cyber Liability Program. Please note: failure to timely pay this invoice will be considered a declination of coverage and your Cyber Liability cw_e ge will be terminated effectiv_e._july 1 2022. If you wish to continue Cyber Liability coverage, in addition to paying the enclosed invoice, please ensure you have submitted a completed Cyber Liability application to the ACWA JPIA Member Services department. To confirm if we have an application on file for your District, please contact membereacwajpia,com We thank you for your membership and for your commitment to the JPIA. ACWA JPIA I P.O. Box 619082, Roseville, CA 95661 1 800,231.5742 1 www.acwaipia.com 81112022 9:11:53AM