City Renews Insurance Coverage with PRISM JPA
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Description
The City Council renewed its general liability, workers compensation, crime, and cyber insurance policies through the Public Risk Innovation, Solutions and Management JPA for Fiscal Year 2027, with estimated premiums totaling over $4 million.
Contract Details
Contract Amount
General Liability: up to $3,442,000 (premium); Workers' Comp.: up to $738,000 (premium); Crime: $14,353 (premium); Cyber: $162,535 (premium; estimated, all for FY2027)
Vendor
PUBLIC RISK INNOVATION, SOLUTIONS & MANAGEMENT JPA
Agency
City of Corona, CA
Contract Type
INSURANCE
Document Date
June 17, 2026
Contract Term
Fiscal Year 2027
Renewal Date
2027-06-30
Renewal Info
Annual renewal, evaluated and renewed each fiscal year based on updated premiums and coverages.
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