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INSURANCERENEWED

Santa Cruz Metropolitan Transit District Board of Directors Agenda June 2025

METRO Renews Excess Workers’ Compensation Insurance

Santa Cruz Metropolitan Transit DistrictPUBLIC RISK INNOVATION SOLUTIONS & MANAGEMENT PRISMJune 27, 2025

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Description

Santa Cruz METRO will renew its FY26 excess workers’ compensation insurance coverage through Public Risk Innovation, Solutions, and Management (PRISM). The renewal maintains higher-layer protection for employee injury claims beyond primary coverage.

Contract Details

Vendor

PUBLIC RISK INNOVATION SOLUTIONS & MANAGEMENT PRISM

Agency

Santa Cruz Metropolitan Transit District, CA

Contract Type

INSURANCE

Document Date

June 27, 2025

Contract Term

FY26

Renewal Date

2026-06-30

Renewal Info

Renewal of existing excess workers’ compensation insurance program for FY26; prior-year terms implied to be in place and continued.

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