Surgery Center fiduciary liability renewed with Travelers
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Description
The Board will renew Kern Medical Surgery Center’s fiduciary liability insurance with Travelers Casualty and Surety Company of America for the 2026–2027 term at an annual premium of $1,358. This policy provides $1 million in protection for plan fiduciaries.
Contract Details
Contract Amount
$1,358 annual premium (within total not to exceed $2,492,680)
Vendor
TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA
Agency
Kern Medical Center, CA
Contract Type
INSURANCE
Document Date
June 17, 2026
Contract Term
July 1, 2026 – July 1, 2027
Renewal Date
2027-07-01
Renewal Info
Continuation of fiduciary liability coverage placed in FY 2024‑2025 with essentially unchanged terms.
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