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HomeMy WebLinkAbout20230132.tiffRESOLUTION RE: APPROVE AGREEMENT FOR PARTIALLY SELF -FUNDED PROGRAM AND AUTHORIZE CHAIR TO SIGN - COLORADO COUNTIES CASUALTY AND PROPERTY POOL, C/O COUNTY TECHNICAL SERVICES, INC. (CTSI) WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an Agreement for the Partially Self -Funded Program between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Colorado Counties Casualty and Property Pool, c/o County Technical Services, Inc. (CTSI), commencing January 1, 2023, and ending December 31, 2023, with further terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Agreement for the Partially Self -Funded Program between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Colorado Counties Casualty and Property Pool, c/o County Technical Services, Inc. (CTSI), be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 9th day of January, A.D., 2023, nunc pro tunc January 1, 2023. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: daYwo jeito; vk, Weld County Clerk to the Board ounty Attorney Date of signature: 01/17/23 M' man, Chair .677 err L. B ; k, Pro-Tem cc : pE (SS /HR), FI(RR /cP/7o), A CT (c 02/at (23 2023-0132 PE0035 CTSI Serving Colorado's Counties December 20, 2022 To: Mike Freeman, Weld County From: Rhonda Curran, Manager of Risk Programs RE: Self -Funded Contracts Enclosed are two originals of the Agreement for the Partially Self -Funded Program. Please have the contracts signed, keep one copy and return one to me. Also enclosed are the contribution invoice and Certificate of Participation. Please call me if you have any questions. 2023-0132 u/poi Peoon County Technical Services, Inc. Administration & Loss Prevention 800 Grant Street • Suite 400 Claims (CAPP & CWCP) Phone: 303.861.0507 Denver, Colorado • 80203 Phone: 303.861.0507 1-800.544.7868 Fax: 303.861.2832 email: ctsi@ctsi.org Fax: 303.861.1022 CTSI Serving Colorado's Counties Colorado Counties Casualty and Property Pool Agreement for Partially Self -Funded Program Weld County January 1, 2023 through December 31, 2023 THIS AGREEMENT is entered into this 1st day of January, 2023 by and between the Colorado Counties Casualty and Property Pool ("CAPP" or "Pool"), a legal entity formed by intergovernmental agreement under Colorado law, and Weld County ("County"), a political subdivision of the State of Colorado. ARTICLE 1.0 RECITALS 1.1 The County is a member in good standing of CAPP and has adopted the CAPP Bylaws and Intergovernmental Agreement (the "Intergovernmental Agreement"), as amended from time to time by the CAPP membership. 1.2 The County is current with respect to all of its obligations to CAPP and therefore eligible to participate in CAPP's partially self -funded option program (the "Program"). 1.3 The County wishes to self -fund through CAPP a portion of its anticipated property and casualty claims for program year 2023 while having CAPP continue to provide claims adjudication and management services and loss control and prevention programs for the County and CAPP is willing to provide such services on the terms and conditions hereafter stated. ARTICLE 2.0 TERM 2.1 This Agreement shall take effect on January 1, 2023, and shall coincide with the term of CAPP's obligations to pay the retention under the CAPP excess insurance policies (hereafter "Policies"), subject to paragraph 3.7 of this Agreement. ARTICLE 3.0 OBLIGATIONS OF COUNTY 3.1 The County shall pay CAPP $2,825,681 with equity credit of ($63,594) and discount of CTSI fees in the amount of ($103,764) for a total contribution due of $2,658,323 by January 31, 2023 for insurance coverage and services rendered by CAPP for the period January 1, 2023 — December 31, 2023. For services provided by CAPP after December 31, 2023, pursuant to paragraph 4.1 of this Agreement, the County shall budget, appropriate and irrevocably pledge an annual fee to be determined by the CAPP Board of Directors. 3.2 The County shall budget, appropriate, and irrevocably pledge 393,230 in 2023 and thereafter at least annually shall budget, appropriate and irrevocably pledge additional funds sufficient, which may be determined from time to time by CAPP after consideration of actuarial or other financial reports, for the payment of the first $125,000 of each qualified claim and allocated loss expenses per occurrence subject to the Policies ("County self -funded retention"), none of which payments shall be the responsibility of CAPP. For this purpose, allocated loss expenses means all costs, charges, or expenses of third parties �' 020073- 0/302` 2023 CAPP Self -Funded Agreement Page 1 reasonably incurred by CAPP, its agents or its employees, which are properly chargeable to a qualified claim including, without limitation, court costs, fees, and expenses of attorneys, independent investigators, experts and witnesses, and fees for obtaining diagrams, reports, documents, and photographs; and "qualified claims" means those claims for which coverage is provided pursuant to the Policies, subject to any additional coverage limitations imposed by CAPP. A $20,000 claims deposit shall be paid to CAPP by January 31, 2023. Additional funds shall be forwarded to CAPP from time to time based on payments for qualified claims and allocated loss expenses. Interest earned on payments made to CAPP pursuant to this paragraph 3.2 shall be credited to CAPP. 3.3 The County shall pay promptly CAPP's invoices pursuant to paragraph 3.2 within fifteen (15) days of receipt. Interest on any overdue payment shall accrue at the rate consistent with the Intergovernmental Agreement. 3.4 It is the parties' intent that at all times CAPP shall have available sufficient funds from the County to pay promptly all proper charges to the County self -funded retention. The parties do not intend for CAPP to be required to advance CAPP funds to pay the County self -funded retention or to perform services if the County fails to provide necessary funds as provided in paragraph 3.2. 3.5 The County agrees that the timely payment of all amounts billed to it pursuant to this Agreement is an obligation of the County under the Intergovernmental Agreement. The County agrees that any failure to so pay, or any failure of the County to comply with any other provision of this Agreement, will result in expulsion of the County from CAPP, and will subject the County to all other remedies and consequences provided for in this Agreement and in the Intergovernmental Agreement. 3.6 If the County is entitled to any credit or payment under Article XI of the Intergovernmental Agreement for any year, and if the County fails to timely pay any amounts due under this Agreement, the Board may, in addition to any other remedies it has, apply against any such amounts due the amount of any credit or payment CAPP owes or may in the future owe to the County as a result of such membership. 3.7 The County's obligations under this Agreement are subject to and conditional upon the County annually budgeting, appropriating, and irrevocably pledging funds as provided in paragraphs 3.1 and 3.2 of this Agreement. However, the County agrees that coverage of the County through CAPP under the Policies and the services to be provided the County by CAPP are conditional upon such annual budgeting, appropriation, irrevocably pledging of funds, and timely payment of all amounts due in accordance with this Agreement and the Intergovernmental Agreement, and upon the County's compliance with all other provisions of this Agreement. The County further agrees that failure by the County to so budget, appropriate, irrevocably pledge, or make such payment or to so comply will result in no coverage through CAPP under the Policies for any pending qualified claims for which the County fails to provide funds or pay fees as provided in this Agreement, will result in cancellation of coverage under the Policies, and will result in termination of any services provided to the County by CAPP under paragraph 4.1. 3.8 The County shall pay the full amount then pledged pursuant to paragraph 3.2 upon the request of the CAPP Board if the CAPP Board reasonably determines that CAPP needs the payment in order to meet applicable regulatory or statutory requirements. 2023 CAPP Self -Funded Agreement Page 2 ARTICLE 4.0 OBLIGATIONS OF CAPP 4.1 For qualified claims of the County under the Policies: CAPP will supervise, administer, manage and provide claims adjudication through County Technical Services, Inc. or such other entity or person as the Board of Directors of CAPP ("Board") may determine, until further notice thereof provided to the County, in accordance with the Intergovernmental Agreement and shall act as the representative of County in all matters related to such services. ARTICLE 5.0 WITHDRAWAL AND EXPULSION 5.1 Withdrawal or expulsion of the County from CAPP shall not affect the obligations of the County or CAPP under this Agreement. 5.2 On or before the effective date of withdrawal or expulsion of the County from CAPP, the full amount then pledged pursuant to paragraph 3.2 shall be paid to CAPP plus such additional amount as the CAPP Board may reasonably determine is necessary to pay the County's self -funded retention until all qualified claims under the Policies are closed and to pay CAPP's costs pursuant to paragraph 5.3. 5.3 Upon withdrawal or expulsion of the County from CAPP, CAPP shall retain all pending claim files. The County shall continue to pay CAPP for all costs associated with the County's claims paid through CAPP which are subject to the County's self -funded retention in excess of the payment made pursuant to paragraph 5.2. ARTICLE 6.0 INFORMATION 6.1 All information developed for or specifically relating to claims servicing for the County, including all source documents, stored data and technical, claims, and other information of any kind, and reports prepared by or for CAPP, are the property of CAPP and remain CAPP exclusive property during the existence of and after termination of this Agreement. The County shall have reasonable access to such information, and the right, upon reasonable request, to copy the same at the County's own expense. ARTICLE 7.0 GENERAL PROVISIONS 7.1 This Agreement is personal to each of the parties and no party may assign or delegate any of such party's rights or obligations hereunder without first obtaining the written consent of the other party. 7.2 Time is of the essence in the performance of the parties' obligations and duties under this Agreement. 7.3 If any portion of this Agreement is declared invalid or unenforceable pursuant to a challenge by the County or by any officer, employee, or resident of the County, or by any other person except CAPP, the CAPP Board shall determine whether the Agreement is or is not severable and its decision shall be final. If the Board determines the Agreement is not severable, the entire Agreement shall be terminated effective on such date as the Board may decide, the County's coverage under the Policies shall be terminated as to all pending and future claims as of that date, and all services by CAPP to the County shall be terminated as of that date except for claims adjudication under paragraph 4.1 for claims for which coverage is not terminated under this paragraph, if any exist. Nothing shall prevent the County from obtaining coverage through CAPP in the same manner as other non -self -funded members. 7.4 This Agreement does not alter the Intergovernmental Agreement and the County retains all obligations of a CAPP member as set forth therein. The obligations of the County under this Agreement are obligations of the County within the meaning of the Intergovernmental Agreement. 2023 CAPP Self -Funded Agreement Page 3 7.5 This Agreement may be enforced by the parties or by any member, if so authorized by the CAPP Board of Directors. All costs incurred by CAPP in the attempt to collect any amount due under this Agreement, including reasonable attorney fees, court costs, and any arbitration costs, shall be paid by the County. The venue for any court action related to this Agreement shall be the Denver District Court. 7.6 Notices in connection with this Agreement and its Addenda shall be delivered to the following in the case of CAPP: Colorado Counties Casualty and Property Pool c/o County Technical Services, Inc. 800 Grant St., Suite 400 Denver, CO 80203 and to the following in the case of County: CAPP Designated Correspondent 7.7 Any functions, powers, and responsibilities of CAPP provided for in this Agreement shall be exercised by the CAPP Board or its authorized designee. 7.8 In addition to any other remedies which may exist, the CAPP Board may submit any dispute under this Agreement to advisory arbitration, which shall be conducted pursuant to the rules of the American Arbitration Association or other Colorado court annexed arbitration system in Denver, Colorado, as the Board may determine. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by the following persons authorized to act on behalf of their respective entities, dated and effective as of January 1, 2023. COLORADO COUNTIES CASUALTY AND PROPERTY POOL (CAPP) ���. bu t rah airvL� Date: December 20, 2022 Meredith K. Burcham CTSI Executive Director Weld County, Colorado (County) By: Chair, Board of County Commissioners Date: 01/09/2023 Date: 01/09/2023 02,23-0/302() 2023 CAPP Self -Funded Agreement Page 4 Certificate of Participation Colorado Counties Casualty and Property Pool (CAPP) For the Coverage Period January 1, 2023 through December 31, 2023 WELD COUNTY Colorado Counties Casualty and Property Pool (CAPP) hereby certifies that Weld County is a participating Member of CAPP for the period beginning January 1, 2023 through December 31, 2023. The coverages, conditions of membership, and other provisions applicable to members of CAPP are as described in CAPP's Bylaws and Intergovernmental Agreement and in the applicable excess policies, policy statements and endorsements thereto, copies of which have been or will be provided to Weld County. The types and monetary limits of the coverages provided to Weld County through membership in CAPP, in consideration of the payment of its contributions, are limited, as of the date of this certificate, to those which are shown below. The scope, terms, conditions and limitations of coverages are governed by the aforementioned agreement and policies. I) The types of coverages, subject to the limit on CAPP's liability in Section II below, are as follows: A) Property (including EDP, mobile equipment, and auto physical damage) B) Liability 1) Bodily Injury, Property Damage (General Liability, Auto Liability) 2) Wrongful Acts committed in the conduct of duties (Public Entity Management Liability) 3) Bodily Injury, Property Damage, Personal Injury (Law Enforcement Liability) 4) Errors or omissions in the administration of an insured's employee benefits (Employee Benefits Liability) 5) Injury resulting from healthcare professional services rendered by any insured who is not a medical doctor, psychologist, psychotherapist or nurse practitioner. (Healthcare Professional Liability). C) Crime 1) Monies and Securities (inside) 2) Monies and Securities (outside) 3) Employee Fidelity D) Boiler and Machinery E) Network Security Liability II) CAPP Retention, Aggregate Limits, and Member Deductibles For the coverages described in Section I, CAPP shall be liable only for payment of the self -insured retention and only to a total annual aggregate amount for members of CAPP as a whole of the amount of the CAPP loss fund for the coverage period. CAPP's per claim/occurrence retentions are limited to the following for the foregoing coverages: A) $150,000 per claim/occurrence property, except wind/hail, which is 2% per location total value subject to a minimum $1M per claim/occurrence. County deductible $1,500 B) $1.5M per claim/occurrence liability (per coverage line), except Law Enforcement, which is $1M per claim/occurrence — County deductible $15,000 except in certain claims - Law Enforcement County deductible $40,000. Employment Termination deductible $15,000. See CAPP Policy Statements. C) $200,000 or $300,000 per claim/occurrence crime — County deductible $500 D) $5,000 per loss boiler and machinery — County deductible $500 E) $100,000 per claim/occurrence network security liability — County deductible $0. Pool annual limit aggregate $5,000,000. Coverages in excess of the foregoing pool retentions are provided only by the excess insurers in applicable excess policies, and are payable only by those excess insurers. The limits of coverage provided by the excess insurers are as follows: A. Liability -Old Republic, Markel and Lexington From $1.5M per claim/occurrence to $10 million per claim/occurrence except for auto, which is non -aggregated. 1.Law Enforcement From $1M to 10 million per claim/occurrence. All liability claims are subject to the following: 020 3 - D /3o2(z) CAPP 2023 Certificate of Participation All liability coverages are provided on a claims -made coverage form. In no event shall the maximum per claim/occurrence payment exceed the following for general liability, auto liability, public entity management liability, law enforcement liability, employee benefits liability or healthcare professional liability claims subject to the Govemmental Immunity Act $424,000 per person and $1,195,000 per occurrence. Additional limits, sublimits and aggregates apply as provided in the applicable excess policies. Liability Coverage Layers 1.5 million to 2 million $2 million to $3 million Carrier Old Republic Markel $1 million to $4 million Standalone Law Enforcement Lexington $5 million Allied World B. Crime-Policy-Hiscox From $200,000 or $300,000 to $1 million each occurrence. Additional limits, sublimits and aggregates apply as provided in the applicable excess policies. C. Boiler and Machinery- Liberty From $5,000 to the cost of repair/replacement for each actual loss sustained up to $100 million. Additional Omits, sublimits and aggregates apply as provided in the applicable excess policies. D. Property From $150,000 to $100 million each occurrence, except hail/wind claims, with a sublimit of $5,000,000 for vehicle physical damage over the road. $1M each occurrence for hail/wind claims. "All Risk" basis with sublimits of $10 million newly acquired property, $5 million new construction each occurrence and $2.5 million unnamed/unscheduled locations. Sublimits of $5 million for property in Flood Zone A and $50 million for property in all other flood zones. Newly acquired property must be reported within 90 days. If new locations are not reported, then the location becomes an unscheduled location. Additional limits, sublimits and aggregates apply as provided in the applicable excess policies. Property Coverage Layers Carrier Underwrites at Lloyds $150,000 to $10 million Westchester Surplus Lines Starr Surplus Lines Princeton Excess & Surplus Allied World Assurance 2% hail deductible/per location Underwrites at Lloyds $10 million to $25 million Westchester Surplus Lines Starr Surplus Lines Princeton Excess & Surplus Evanston (Markel) Fidelis $25 million to $50 million Aspen Specialty Starstone Specialty Lexington Westfield Specialty RSUI Indemnity $50 million to $100 million Oiled Sumitomo Swiss Re Hallmark Specialty Auto Phys Dmg $4m xs $1m Endurance American $5k - $100 million Equipment Breakdown Liberty Mutual E. Network Security Liability-CHUBB First Part Liability (Cyber Incident Response, Business/Interruption & Extra Expense, Digital Data Recovery & Network Extortion): $1,000,000 each claim/$1,000,000 Annual Aggregate, Third Party Liability (Cyber, Privacy & Network Security Liability, Electronic, Social & Printed Media Liability) $1,000,000 each claim/$1,000,000 Annual Aggregate. All member limits are subject to the Pool Aggregate Limit of $5,000,000. Information concerning the CAPP loss fund for the coverage period may be obtained by contacting CAPP through its Administrator, County Technical Services, Inc. (CTSI). Colorado Counties Casualty and Property Pool ,&,(4 ckto,&„ Meredith Burcham, CTSI Executive Director December 20, 2022 CAPP 2023 Certificate of Participation AGREEMENT FOR PARTIALLY SELF -FUNDED PROGRAM - COLORADO COUNTIES CASUALTY AND PROPERTY POOL, C/O COUNTY TECHNICAL SERVICES, INC. (CTSI) APPROVED AS TO SUBSTANCE: artment Head, or Deputy Department Head APPROVED AS TO FUNDING: Chief Financi I Officer, or Controller APPROVED AS TO FORM: County Attorney Hello