Consent 4.
Regular Board of Supervisors Meeting
Board of Supervisors
- Meeting Date:
- 06/18/2024
- Title:
- Approve ACIP Fifth Amended IGA
- Submitted By:
- Sharon Gilman, Board of Supervisors
- Department:
- Board of Supervisors
Presentation:
No A/V Presentation
Recommendation:
Approve
Document Signatures:
BOS Signature Required
# of ORIGINALS
Submitted for Signature:
Submitted for Signature:
2
NAME
of PRESENTER:
of PRESENTER:
Richard G. Karwaczka
TITLE
of PRESENTER:
of PRESENTER:
County Administrator
Docket Number (If applicable):
Mandated Function?:
Not Mandated
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Information
Agenda Item Text:
Approve the Fifth Amended Intergovernmental Agreement (IGA) with the Arizona Counties Insurance Pool (ACIP) for renewal of insurance and insurance services relating to exposures for property, fidelity, employment, employer liability, workers’ compensation, liability losses and other losses as may be permitted by law, effective July 1, 2024, for a period of ten years.
Background:
This Fifth Amended IGA is recommended for approval by the ACIP Board of Directors. This will replace the Fourth Amended IGA, which has been in effect since July 1, 2022.
The Fifth Amended IGA contains several non-substantive language edits to create consistency between the ACIP bylaws and the County IGA. In addition, the IGA clarifies the role of the County Administrator on the ACIP Board, defines the role of an Alternate Trustee, and increases the dollar amount threshold for the ACIP Executive Director to pay claims, allowing for ACIP to maintain fluidity in settlement authority.
The Fifth Amended IGA contains several non-substantive language edits to create consistency between the ACIP bylaws and the County IGA. In addition, the IGA clarifies the role of the County Administrator on the ACIP Board, defines the role of an Alternate Trustee, and increases the dollar amount threshold for the ACIP Executive Director to pay claims, allowing for ACIP to maintain fluidity in settlement authority.
Department's Next Steps (if approved):
Upon approval and signing of this IGA, it will be forwarded to ACIP for adoption.
Impact of NOT Approving/Alternatives:
The County would be self-insured without the benefit of an insurance pool to draw from, or a pre-arranged system for referral of claims for representation by outside counsel, with respect to all liability and workmans' compensation claims.
To BOS Staff: Document Disposition/Follow-Up:
Upon approval and execution, return the two original IGAs to ACIP, attn: Cynthia Maalouf.