California Sanitation Risk Management Authority Board of Directors Meeting Agenda 2026-06-17
CSRMA Renews Workers’ Comp Reinsurance With CWIC
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Description
CSRMA’s Executive Board approved a $3.33 million renewal premium with Clean Water Insurance Captive to reinsure the Workers’ Compensation pooled layer for the July 1, 2026 policy year. The actuarial study showed favorable loss development, allowing for a slight funding decrease compared to the prior year.
Contract Details
Contract Amount
$3,328,689 renewal premium (prior year $3,360,105)
Vendor
CLEAN WATER INSURANCE CAPTIVE CWIC
Agency
California Sanitation Districts Risk Management Authority, CA
Contract Type
INSURANCE
Document Date
June 17, 2026
Contract Term
Reinsurance of CSRMA Workers’ Compensation pooled layer ($0–$250,000) for July 1, 2026 renewal
Renewal Date
2027-07-01
Renewal Info
Actuarial study projected a ~1% decrease in required funding, leading to a renewal premium of $3,328,689 versus $3,360,105 expiring; approved for binding by the Executive Board for the July 1, 2026 renewal.
More from CLEAN WATER INSURANCE CAPTIVE CWIC
Related Contracts
Issuing Agency
California Sanitation Districts Risk Management Authority
Special District
San Francisco, CA
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CSRMA Workers' Compensation Program Committee Agenda May 2026
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