TO: Board of Supervisors
FROM: Ryan J. Alsop, Chief Executive Officer
REPORT BY: Becky Craig, Assistant Chief Executive Officer
SUBJECT: PRISM JPA and MOUs
RECOMMENDATION
title
Adopt a Resolution approving a Joint Powers Agreement with Public Risk Innovation, Solutions and Management (PRISM) to revise the governing structure, and authorize and approve three Memorandums of Understanding to provide for supplemental risk pool services. (No Fiscal Impact)
body
BACKGROUND
Napa County was a founding member of California State Association of Counties - Excess Insurance Agency ("CSAC EIA") in 1980 and has been a voting member of the governing board and various committees for forty-six years. CSAC EIA rebranded to PRISM in 2020 to reflect the organization's broader membership and services. In addition to 54 of 58 counties participating as members, hundreds of California cities, school districts and special districts pool their liability exposure and leverage greater buying power.
The Joint Powers Agreement revision in 2020 expanded the Board of Directors to allow non-county representation, giving 7 seats on the Board. New amendments to the JPA are proposed to, among other changes, increase the representation of non-county public entities on the Board of Directors. All 54 county members will retain seats, but the public entity seats will increase from 7 to 17, plus three alternates.
The Board's primary functions are to elect Executive Committee members and approve the annual budget. The Executive Committee reviews and approves memorandums of coverage, retention and reinsurance policies, and premium allocations for the Excess Workers Compensation and General Liability programs. This proposed revision also expands the Executive Committee from 11 members to 13 plus two alternates and opens eligibility to all board members regardless of entity type. The current Board and Executive committee members, comprised of a super majority of county representatives, support the ...
Click here for full text