City of Palos Verdes Estates Staff Report Resolutions Regarding the Annual Budget and Capital Improvement Program 2026-05-26
City Increases JPIA Insurance Funding for FY 2026-27
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Description
The City budgeted $1.57 million in FY 2026-27 for JPIA insurance covering general liability, workers’ compensation, property, and related coverages. This represents a 24.6% increase over the prior year’s premium costs.
Contract Details
Contract Amount
$1,573,503
Vendor
JPIA
Agency
City of Palos Verdes Estates, CA
Contract Type
INSURANCE
Document Date
May 26, 2026
Contract Term
Fiscal Year 2026-27 coverage period
Renewal Info
Annual pooled insurance participation through JPIA for FY 2026-27; specific policy renewal date is not provided in the report.
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