Cities Index.
Torrance Insurance COI

Redondo Beach City Council
February 15, 2022

Document
Torrance Insurance COI
Meeting
February 15, 2022
Body
Redondo Beach City Council
Original file
50 KB
Text extracted from the city's file for reading and search. Open the original on redondo.legistar1.com. That file is the official record.

CITY OF

TORRANCE
FINAI\ICE DEPARTMENT
City of Redondo Beach
4r5 Diamond Street
Redondo Beach, CA9oz77
Attn: Diane Strickfaden,
Subject: Redondo Beach Transit Center Use Agreement between the City of Redondo Beach and the City ofTorrance
Date: January L,2c.22 to December gt,2c.27
Dear Ms. StricKaden,
Please note that the City of Torrance is self-insured for automobile, general and professional liability for up to $5,ooo,ooo per occurrence. There is $zo,ooo,ooo of coverage in place in excess of the $5,ooo'ooo self-insured retention.

The City is self-insured for Worker's Compensation for up to $z,ooo,ooo per occurrence and has excess coverage in place for occurrences over this amount.

The City haJa formal self-insurance program and funds available to pay potential claims and judgements.

The City ofTorrance agrees to include the City of Redondo Beach as additional Protected Parties under the self-insured general liability program but solely as to the activity and coverage period noted above.

Feel free to call me at (Sro) 7BL-TSggif you have any questions or need additional information.

Sr. Risk Analyst
cc: James Lee, Transit

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