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Transportation Corridor Agencies Joint Finance & Investment Committee Meeting Agenda Feb 2026

TCA Renews Deadly Weapon Response Coverage With Lloyd’s

$5,632 (FY26 Deadly Weapon Response Program premium)Foothill Transportation Corridor AgencyLLOYD'S OF LONDONFebruary 25, 2026

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Description

The Transportation Corridor Agencies maintain a Deadly Weapon Response Program policy with Lloyd’s of London for FY26, providing $500,000 in crisis-related coverage per event and in aggregate. The 07/01/2025–07/01/2026 policy premium is $5,632, reflecting a 12.8% decrease from the prior year.

Contract Details

Contract Amount

$5,632 (FY26 Deadly Weapon Response Program premium)

Vendor

LLOYD'S OF LONDON

Agency

Foothill Transportation Corridor Agency, CA

Contract Type

INSURANCE

Document Date

February 25, 2026

Contract Term

07/01/2025 – 07/01/2026

Renewal Date

2026-07-01

Renewal Info

Annual crisis response coverage renewing on July 1 with fixed limits and a $10,000 deductible per occurrence; FY26 premium declined due to broker negotiations.

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Issuing Agency

Foothill Transportation Corridor Agency

Special District

Irvine, CA

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Vendor