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INSURANCERECOMMENDED

California Association for Park and Recreation Indemnity AgendaPacket Regular Meeting of the Board of Directors 2026-06-23

General Liability Excess Coverage Renewal Via PRISM GL1

$3,552,852 (estimated GL annual cost for FY 2026-27)California Association For Park And Recreation IndemnityPRISM GL1 PROGRAMJune 23, 2026

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Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

CAPRI plans to renew its General Liability excess insurance through the PRISM GL1 Program for FY 2026-27 at an estimated cost of $3,552,852. The coverage attaches above a $1.5 million self-insured retention and incorporates exposure for new member MRCA.

Contract Details

Contract Amount

$3,552,852 (estimated GL annual cost for FY 2026-27)

Vendor

PRISM GL1 PROGRAM

Agency

California Association For Park And Recreation Indemnity, CA

Contract Type

INSURANCE

Document Date

June 23, 2026

Contract Term

Fiscal Year 2026-2027

Renewal Date

2027-06-30

Renewal Info

Annual renewal of General Liability excess coverage through the PRISM GL1 Program, attaching at $1.5M; FY 2026-27 terms are based on updated payroll and include MRCA’s exposure.

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