[Rotary] Fw: U.S. Rotary Club and District Liability Insurance Program - message to U.S. Club Officers About 2020-21 Annual Insurance Assessments

Sat Jun 20 11:25:16 PDT 2020

We  need  to discuss this.  Is this plan better than what we
currently have?John P  Esq

On Sat, Jun 20, 2020 at 7:46 AM Jeffry Stubbs via Rotary <
rotary at lists.mcn.org> wrote:

> FYI
>
> Jeff Stubbs
> P.O. Box 1360 Mendocino, CA 95460
> Home phone 707-937-6026
> I phone 707-536-6190
> Skype phone 707-397-5620
> Skype name jeffrystubbs
>
>
> ----- Forwarded Message -----
> *From:* Rotary International Risk Management <insurance at rotary.org>
> *To:* "jeffrystubbs at yahoo.com" <jeffrystubbs at yahoo.com>
> *Sent:* Saturday, June 20, 2020, 12:48:21 AM PDT
> *Subject:* U.S. Rotary Club and District Liability Insurance Program -
> message to U.S. Club Officers About 2020-21 Annual Insurance Assessments
>
> [image: Rotary.org]
> <http://msgfocus.rotary.org/c/1YY3ulU1Yu9KIOjAfdrsWB1X6d>
> Risk Management
>
> The U.S. Rotary Clubs and Districts Liability Insurance Program
> ("Program") provides general liability (GL) and directors' &
> officers'/employment practices liability (D&O/EPL) insurance coverage
> automatically to active U.S. Rotary Clubs & Districts.
>
> *Dear current and incoming U.S. Rotary club officers:*
>
> This message is to advise you about:
>
>    - The 2020-21 insurance assessment rates charged on the upcoming July
>    Club Invoice,
>    - Information pertaining to the communicable disease exclusion on the
>    general liability policies,
>    - Advising of the availability of the 2020-21 Certificate of Insurance
>    on Gallagher Insight.
>
> These assessments cover the cost of insurance provided under the U.S.
> Rotary Club and District Liability Insurance Program. They fund the
> $250,000 self-insured retention of every general liability claim; $25,000
> deductible of every directors’ and officers’/employment practices liability
> (D&O/EPL) claim; and the cost of the commercial insurance. The assessment
> amounts are calculated annually by an actuary and depend on claims activity
> per state, funding needs of the self-insured retention, the cost of
> commercial insurance, and premium credit for past claims history.
>
> In the last twelve months, the cost of commercial insurance has risen
> significantly due to a toughening insurance market. At the same time,
> insurance companies are including new limitations restricting insurance
> coverage. Many organizations are experiencing both steep increases of
> insurance costs and new limitations to coverage when renewing their
> insurance policies. The U.S. Rotary Club and District Insurance Program was
> also affected by these changes; though the increases in the commercial
> insurance costs were partially offset by stable pricing of the self-insured
> retention and applied premium credits. Premium credits, from the 2019-20
> policy year, were due to lower claim activity and included an additional
> reduction as a result of the coronavirus pandemic.
>
> 2020-21 general liability assessments have increased by 8%, while D&O/EPL
> insurance assessments have increased by 84%. Though the D&O/EPL percentage
> increase is significant, D&O/EPL assessments continue to be under $1 per
> member. The assessment rates by state and per member are shown below.
>
> *States and Territories* * General Liability Rates * * D&O/EPL Rate *
> CA CT IL ME NJ NH NV NY RI WI $7.18 $0.79
> AZ FL LA MA MD MN MO OR PA TN TX WA  $3.95 $0.79
> CO IA ID MI NC NM OH OK SC UT VA VT $3.41 $0.79
> AK AL AR DC DE GA HI IN KS KY MS MT ND NE SD WV WY $2.82 $0.79
> American Samoa, Guam, Northern Mariana, Puerto Rico, USVI $2.02 $0.79
>
>
> The general liability policy for U.S. Rotary clubs & districts effective 1
> July 2020 excludes coverage for COVID-19 and other communicable diseases.
> The global pandemic has created tremendous challenges for the Rotary
> community as well as the insurance industry. As insurers are inundated with
> COVID-19 claims for loss of business, most insurers are now excluding
> coverage for liability claims arising out of communicable diseases
> including COVID-19.
>
> Some state governments are currently assessing various measures to limit
> liability arising out of COVID-19. If you are concerned about how to
> protect your club from COVID-19 claims, we recommend that your club or
> district consult with a local insurance broker about potential coverage
> options.
>
> Determining how to reopen and operate safely in this new environment is an
> issue facing nearly all businesses and entities alike. When assessing how
> to resume operations, we suggest you follow any and all applicable
> guidelines from the CDC, and state and local regulations.
>
> *Insurance Website:* See below for information on how to access the
> website set up for U.S. Rotarians.
> *The 2020-21 Certificate of Insurance is now available on Gallagher
> Insight.*
>
> To download it and to learn more about the Program, please visit the *Gallagher
> Insight* insurance website:
>
> Website address: https://insight.ajg.com
> <http://msgfocus.rotary.org/c/1YY3v3MOMeczds5MlIIMNzMI5M>
>
> *Username*: rotary at ajg.com
> *Password*: rotarian1
>
> Rotarians can also contact Gallagher by email (rotary at ajg.com) or by
> phone: 1.833.3ROTARY (833.376.8279)
>
> This website is for U.S. Rotary club/district use only and is the
> exclusive source for all the Program's documents, forms, loss prevention
> strategies, and the certificate of insurance.
>
> *Please share this link/login to Gallagher Insight website with Rotarians
> in your club/district.*
>
>
> Regards,
> Rotary Risk Management Team
>
> *Contact Information *
> *Insurance Broker* *Rotary Risk Management*
> Gallagher Julita Brzozowska,
> Risk Manager Matthew Quigley,
> Assistant Risk Manager Katie Rabs,
> Risk Management Analyst Ann Berdahl,
> Claims Manager
> (833) 376-8279 (847) 424-5394 (847) 424-5245 (847) 866-4494 (847) 866-3125
> rotary at ajg.com insurance at rotary.org claims at rotary.org
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> ROTARY.ORG <http://msgfocus.rotary.org/c/1YY3xTjXZcnPc1cyLJQ4duNK42>
>
> This message was intended for: jeffrystubbs at yahoo.com
>
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