ACWA JPIA Property Program Committee Meeting Agenda February 2026
FM Provides 5% Premium Reduction on Property Reinsurance
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Description
FM renewed reinsurance coverage for the JPIA Property Program for 2025-26 at current rates and provided a 5% premium reduction. The agreement aims for program stability and begins April 1, 2026.
Contract Details
Contract Amount
5% reduction in total premium cost (exact amount not stated)
Vendor
FM
Agency
Association Of California Water Agencies Joint Power Ins Auth, CA
Contract Type
INSURANCE
Document Date
February 11, 2026
Contract Term
2025-26 program year (April 1, 2025 – March 31, 2026)
Renewal Date
2026-03-31
Renewal Info
Part of multi-year renewal discussions. FM supports transition back to April 1 renewal date for 2026 and may pursue long-term commitments.
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APPROVEDACWA JPIA Property Program Committee Meeting Agenda Packet March 2026
AWARDEDthe-college-of-new-jersey-agenda-2025-06-26_a9e.pdf
approvedthe-college-of-new-jersey-agenda-2025-06-26_f40.pdf
approvedACWA JPIA Property Program Committee Meeting Agenda Packet June 2025
RENEWEDIssuing Agency
Association Of California Water Agencies Joint Power Ins Auth
Special District
Roseville, CA
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