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INSURANCEAPPROVED

Kern County Hospital Authority Board of Governors Agenda 2026-06-17

Crime insurance renewed through PRISM pooled program

Portion of $27,672 annual premium for Crime coverage (within total not to exceed $2,492,680)Kern Medical CenterNATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH PA (AIG)June 17, 2026

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Derivita logo
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Description

The Hospital Authority will continue crime insurance coverage through the PRISM pooled program with carriers including National Union Fire Insurance Company of Pittsburgh, PA, maintaining a $25 million limit and a $25,000 deductible for the June 30, 2026 to June 30, 2027 term. The program now includes an increased $500,000 impersonation fraud sublimit.

Contract Details

Contract Amount

Portion of $27,672 annual premium for Crime coverage (within total not to exceed $2,492,680)

Vendor

NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH PA (AIG)

Agency

Kern Medical Center, CA

Contract Type

INSURANCE

Document Date

June 17, 2026

Contract Term

June 30, 2026 – June 30, 2027

Renewal Date

2027-06-30

Renewal Info

Ongoing participation in the PRISM crime program with a new MOU required; coverages and SIR largely unchanged aside from an increased impersonation fraud sublimit.

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