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FIN 2017-10-17 Item 2C - Contract Amendment - Financial Advisor with PFM Financial Advisors
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FIN 2017-10-17 Item 2C - Contract Amendment - Financial Advisor with PFM Financial Advisors
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1/14/2021 12:13:05 PM
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10/12/2017 4:56:05 PM
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Council Committees
Committees Date (mm/dd/yy)
10/17/17
Committee Name
Finance 2017-2020
Record Type
Agenda Packet
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EXHIBIT C — INSURANCE STATEMENT <br />Public Financial Management, Inc. ("PFM") has a complete insurance program, including property, casualty, <br />comprehensive general liability, automobile liability and workers compensation. PFM maintains professional liability <br />and fidelity bond coverages which total $15 million and $10 million, respectively. <br />Our Professional Liability policy is a "claims made" policy and our General Liability policy claims would be made by <br />occurrence. <br />Deductibles/SIR: <br />General Liability $0 <br />Automobile $250 comprehensive <br />$500 collision <br />Professional Liability (E&O) $500,000 <br />Financial Institution Bond $75,000 <br />Insurance Company & AM Best Rating <br />Professional Liability (E&O): <br />Financial Institution Bond: <br />General Liability: <br />Automobile Liability: <br />Excess /Umbrella Liability: <br />Workers Compensation & Employers Liability <br />Indian Harbor Insurance Company; (A) <br />Federal Insurance Company; (A++) <br />Great Northern Ins. Company; (A++) <br />Federal Insurance Company <br />Federal Insurance Company <br />Pacific Indemnity Company; (A++) <br />CA Revised 1-2013 Page 9 of 9 <br />47 <br />
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