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

CAPRI To Renew Excess Workers’ Comp With PRISM

$1,314,121 (estimated WC annual cost for FY 2026-2027)California Association For Park And Recreation IndemnityPUBLIC RISK INNOVATION SOLUTIONS & MANAGEMENT PRISMJune 23, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch 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 staff seek Board authorization to bind the FY 2026-2027 Excess Workers’ Compensation insurance renewal with Public Risk Innovation, Solutions, and Management (PRISM) at an estimated annual cost of $1,314,121. The coverage attaches above CAPRI’s $350,000 self-insured retention for workers’ compensation claims.

Contract Details

Contract Amount

$1,314,121 (estimated WC annual cost for FY 2026-2027)

Vendor

PUBLIC RISK INNOVATION SOLUTIONS & MANAGEMENT PRISM

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

Renewal of existing participation in PRISM’s Excess Workers’ Compensation Program above CAPRI’s $350,000 self-insured retention for the 2026-2027 coverage year.

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