Relsk
Annual Report
A"MML
Agenda Item 12 .A
By Mike James, Assistant City Manager
Tim Karcz, Senior Risk Manager, California Joint Powers Insurance Authority Meeting Date : February 4, 2025
Pismo Beach Risk Management Program
0 - �T AL
Policies, programs, insurance and risk pool coverage. • Goal of minimizing the City's risk exposure :
• Employee injury claims,
• Third-party liability claims, and
• Property loss.
• CalJPIA is the City's agent in the claims process :
• Provides regulatory safety training,
• Advises the City to meet OSHA requirements, and • Evaluates trends in claims exposure to change policies OF and/or procedures.
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City's Three Major Risk Management Programs
1 . Workers' Compensation Program .
2 . General Liability Program .
3 . Property Insurance Program .
• Cyber Liability Insurance.
• Pollution Liability Insurance.
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4 c�
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Risk Management Support
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city
Manager&
Executive
Staff
i
CJPIA Staff
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Third-Party Liability
•00000
Primary Liability Claim Cost 31
343,264.00
Claim Frequency and Severity 350000
,,,,,
• The City's cost of claims is less 250000 234,00• „ than half of the pool's average.
,,,,, 99
• Public Safety: Law Enforcement 182,480.00 38 remains 3.5x better than the 156,507.00 pool average. 150000
• Slip and falls remain the highest 100000
frequency and severity type of
claim received.
Worker"s Compensation 1000000
34 18
884,885.00
900000 857,466.00
ClaimPrimary WC Claim Cost
Frequency
• e . • Severity
800000
700000
600000
Claims and injuries 8
500000 456,634.00
have trended lower
400000
for •
yea rs . 300000
10 ' , 23 include 200000 162,379.00 several
_ 16 19
• _ 100000
•
law _ _ _ 20,389.00 20,707.00
claims that are still 2019/2020 2020/2021 2021/2022 2022/2023 2023/2024 2024/2025 being managed .
2024 Risk Management AnnuaI Report Summary
• 400+ CJPIA Training Sessions Completed by Employees in 2020. • Currently implementing the 2025 training plan.
Liabilit
• Performance is better than the pool average in all major causation categories. • Highest frequency is Slip, Trip and Falls.
• Claim Cost per $100 payroll is less than half of the Pool. • Police Department claims are -70% lower than Law Enforcement Pool members.
Worker' Compensation
• Cost of Claims is above the pool average due to high reserves for long-term claims. • Highest frequency is strains and contusions.
• Excellent performance from the city's Public Works Department.
TY OF
As�'08Q`�
Relsk
Annual Report
A"MML
Agenda Item 12 .A
By Mike James, Assistant City Manager
Tim Karcz, Senior Risk Manager, California Joint Powers Insurance Authority Meeting Date : February 4, 2025