www.casbo.org
EXCLUSIONS
The program provides excess coverage over your district’s coverage. While there is broad coverage, the following exclusions are included in the program:
• Sexual misconduct • Intentional acts • Medical malpractice • Misappropriation of funds • Bodily injury / property damage • Prior acts / notice / knowledge • Antitrust / deceptive trade practices • Breach of contract
• Breach of warranty / guarantee • Criminal proceedings
• Employment-related liability
• Failure to maintain insurance or bonds • Insured vs. insured
• Intellectual property • Mold
• Pollution / environmental • Privacy
• Subsidiary outside control of named insured • Third-party discrimination
All coverage is subject to policy terms and conditions on file with CASBO.
License #0451271
California Association of
School Business Officials,
CASBO, prides itself on
providing the best resources
to all of its members.
This year, for the first time,
we will provide
FREE
Professional Liability Excess
Insurance to all CASBO
Distinguished Access and
Executive Access members.
California Association of
School Business Officials
PROFESSIONAL LIABILIT Y EXCESS INSUR ANCE
If you have any questions regarding the
policy, contact our broker, Keenan & Associates:
Brad Keenan
Account Executive
2355 Crenshaw Boulevard, Suite 200
Torrance, CA 90501
bkeenan1@keenan.com
310.890.5499
www.casbo.org
EXCLUSIONS
The program provides excess coverage over your district’s coverage. While there is broad coverage, the following exclusions are included in the program:
• Sexual misconduct • Intentional acts • Medical malpractice • Misappropriation of funds • Bodily injury / property damage • Prior acts / notice / knowledge • Antitrust / deceptive trade practices • Breach of contract
• Breach of warranty / guarantee • Criminal proceedings
• Employment-related liability
• Failure to maintain insurance or bonds • Insured vs. insured
• Intellectual property • Mold
• Pollution / environmental • Privacy
• Subsidiary outside control of named insured • Third-party discrimination
All coverage is subject to policy terms and conditions on file with CASBO.
License #0451271
California Association of
School Business Officials,
CASBO, prides itself on
providing the best resources
to all of its members.
This year, for the first time,
we will provide
FREE
Professional Liability Excess
Insurance to all CASBO
Distinguished Access and
Executive Access members.
California Association of
School Business Officials
PROFESSIONAL LIABILIT Y EXCESS INSUR ANCE
If you have any questions regarding the
policy, contact our broker, Keenan & Associates:
Brad Keenan
Account Executive
2355 Crenshaw Boulevard, Suite 200
Torrance, CA 90501
bkeenan1@keenan.com
310.890.5499
Who is an insured by the policy?
All Distinguished Access and Executive Access members of CASBO are covered while they are employed by a California public school or community college district, state college or university, or county office of education.
What kinds of claims are covered by this policy?
Claims or lawsuits arising out of your school business activities performed in the course of your professional duties as a full or part-time employee of a California public school or community college district, state college or university, or county office of education, but only if you also are a member of CASBO at the Distinguished Access or Executive Access level.
What types of claims are typically not covered?
The policy provides broad coverage, subject to certain exclusions, such as intentional acts, sexual abuse and misconduct, prior acts, medical malpractice and a few others.
I’m retired. Does this policy protect me?
Yes, but only if you are providing school business-related consulting or short-term assistance services to a district that is covered by its own professional liability insurance policy; and you are a retired employee of a California public school or community college district, state college or university, or county office of education; and you are a member of CASBO at the Distinguished Access or Executive Access level.
What insurer provides this coverage?
Hiscox Insurance Company, “Hiscox,” provides coverage for this policy. Hiscox is domiciled and licensed in New York and conducts its business in California on a “non-admitted” basis and has an A.M. Best rating of AXI.
What should I do if I am sued or a claim is made against me?
Immediately report the suit or claim to your district and/or CASBO.
If I’m already covered by my district’s liability program, what is the value of CASBO’s program?
This policy is in excess of all indemnification and insurance which is available to you through your district. In addition, there are several personal coverages available as detailed in the policy coverage section that are not normally provided by your district’s program, such as ID theft legal services and a free confidential risk management and loss prevention consultation.
Whom do I contact if I believe I may have a claim under this policy?
For assistance, please contact:
Brett Fraser, CASBO Member Services Specialist Tel: 916.447.3783 | Email: bfraser@casbo.org
What are my responsibilities in the event of a claim or allegation made against me?
You must cooperate with the insurance carrier in the defense, investigation and settlement of any claim, potential claim, breach, occurrence or other matter notified to the carrier, including but not limited to:
1. Notifying the insurance carrier immediately if you receive any settlement demands or offers; and sending the carrier copies of any demands, notices, summonses or legal papers;
2. Submitting to examination and interrogation under oath by the insurance carrier’s representa-tive, and providing a signed statement of your answers;
3. Attending hearings, depositions and trials; 4. Assisting in securing and giving evidence and
procuring witnesses;
5. Providing written statements to the insurance carrier’s representative, and meeting with such representative for the purpose of investigation and/or defense;
6. Providing all documents and information the insurance carrier may reasonably request, including authorizing the carrier to obtain records; and
7. Pursuing your right of recovery from others.
Below is an overview of the policy highlights:
Claims-made policy excess of your district’s coverage subject to policy terms and conditions
Program Limits
$1,000,000 per occurrence limit with a $3,000,000 policy/program aggregate limit
Criminal Actions Defense
• $5,000 per occurrence limit with a $25,000 aggregate
Legal Services Due to Identity Theft • $3,000 per occurrence limit with a
$15,000 aggregate Defense of Licensing Proceedings
• $10,000 aggregate limit Bail Bonds
• $3,000 limit for each bond with a $15,000 aggregate
Sexual Abuse and Molestation
• $50,000 per occurrence limit with a $250,000 aggregate
Subpoena Assistance
• $10,000 aggregate limit Supplemental Payments
• Reasonable expenses, including loss of wages and a $250 travel per diem, if required to attend defense proceedings of a covered claim
Policy is excess of $10,000,000 for actives and $50,000 for retirees. Your district typically carries a minimum of $25,000,000.
FAQs
about CASBO’s Professional
Liability Excess Insurance
COVERAGES
Policy
Who is an insured by the policy?
All Distinguished Access and Executive Access members of CASBO are covered while they are employed by a California public school or community college district, state college or university, or county office of education.
What kinds of claims are covered by this policy?
Claims or lawsuits arising out of your school business activities performed in the course of your professional duties as a full or part-time employee of a California public school or community college district, state college or university, or county office of education, but only if you also are a member of CASBO at the Distinguished Access or Executive Access level.
What types of claims are typically not covered?
The policy provides broad coverage, subject to certain exclusions, such as intentional acts, sexual abuse and misconduct, prior acts, medical malpractice and a few others.
I’m retired. Does this policy protect me?
Yes, but only if you are providing school business-related consulting or short-term assistance services to a district that is covered by its own professional liability insurance policy; and you are a retired employee of a California public school or community college district, state college or university, or county office of education; and you are a member of CASBO at the Distinguished Access or Executive Access level.
What insurer provides this coverage?
Hiscox Insurance Company, “Hiscox,” provides coverage for this policy. Hiscox is domiciled and licensed in New York and conducts its business in California on a “non-admitted” basis and has an A.M. Best rating of AXI.
What should I do if I am sued or a claim is made against me?
Immediately report the suit or claim to your district and/or CASBO.
If I’m already covered by my district’s liability program, what is the value of CASBO’s program?
This policy is in excess of all indemnification and insurance which is available to you through your district. In addition, there are several personal coverages available as detailed in the policy coverage section that are not normally provided by your district’s program, such as ID theft legal services and a free confidential risk management and loss prevention consultation.
Whom do I contact if I believe I may have a claim under this policy?
For assistance, please contact:
Brett Fraser, CASBO Member Services Specialist Tel: 916.447.3783 | Email: bfraser@casbo.org
What are my responsibilities in the event of a claim or allegation made against me?
You must cooperate with the insurance carrier in the defense, investigation and settlement of any claim, potential claim, breach, occurrence or other matter notified to the carrier, including but not limited to:
1. Notifying the insurance carrier immediately if you receive any settlement demands or offers; and sending the carrier copies of any demands, notices, summonses or legal papers;
2. Submitting to examination and interrogation under oath by the insurance carrier’s representa-tive, and providing a signed statement of your answers;
3. Attending hearings, depositions and trials; 4. Assisting in securing and giving evidence and
procuring witnesses;
5. Providing written statements to the insurance carrier’s representative, and meeting with such representative for the purpose of investigation and/or defense;
6. Providing all documents and information the insurance carrier may reasonably request, including authorizing the carrier to obtain records; and
7. Pursuing your right of recovery from others.
Below is an overview of the policy highlights:
Claims-made policy excess of your district’s coverage subject to policy terms and conditions
Program Limits
$1,000,000 per occurrence limit with a $3,000,000 policy/program aggregate limit
Criminal Actions Defense
• $5,000 per occurrence limit with a $25,000 aggregate
Legal Services Due to Identity Theft • $3,000 per occurrence limit with a
$15,000 aggregate Defense of Licensing Proceedings
• $10,000 aggregate limit Bail Bonds
• $3,000 limit for each bond with a $15,000 aggregate
Sexual Abuse and Molestation
• $50,000 per occurrence limit with a $250,000 aggregate
Subpoena Assistance
• $10,000 aggregate limit Supplemental Payments
• Reasonable expenses, including loss of wages and a $250 travel per diem, if required to attend defense proceedings of a covered claim
Policy is excess of $10,000,000 for actives and $50,000 for retirees. Your district typically carries a minimum of $25,000,000.
FAQs
about CASBO’s Professional
Liability Excess Insurance
COVERAGES
Policy
Who is an insured by the policy?
All Distinguished Access and Executive Access members of CASBO are covered while they are employed by a California public school or community college district, state college or university, or county office of education.
What kinds of claims are covered by this policy?
Claims or lawsuits arising out of your school business activities performed in the course of your professional duties as a full or part-time employee of a California public school or community college district, state college or university, or county office of education, but only if you also are a member of CASBO at the Distinguished Access or Executive Access level.
What types of claims are typically not covered?
The policy provides broad coverage, subject to certain exclusions, such as intentional acts, sexual abuse and misconduct, prior acts, medical malpractice and a few others.
I’m retired. Does this policy protect me?
Yes, but only if you are providing school business-related consulting or short-term assistance services to a district that is covered by its own professional liability insurance policy; and you are a retired employee of a California public school or community college district, state college or university, or county office of education; and you are a member of CASBO at the Distinguished Access or Executive Access level.
What insurer provides this coverage?
Hiscox Insurance Company, “Hiscox,” provides coverage for this policy. Hiscox is domiciled and licensed in New York and conducts its business in California on a “non-admitted” basis and has an A.M. Best rating of AXI.
What should I do if I am sued or a claim is made against me?
Immediately report the suit or claim to your district and/or CASBO.
If I’m already covered by my district’s liability program, what is the value of CASBO’s program?
This policy is in excess of all indemnification and insurance which is available to you through your district. In addition, there are several personal coverages available as detailed in the policy coverage section that are not normally provided by your district’s program, such as ID theft legal services and a free confidential risk management and loss prevention consultation.
Whom do I contact if I believe I may have a claim under this policy?
For assistance, please contact:
Brett Fraser, CASBO Member Services Specialist Tel: 916.447.3783 | Email: bfraser@casbo.org
What are my responsibilities in the event of a claim or allegation made against me?
You must cooperate with the insurance carrier in the defense, investigation and settlement of any claim, potential claim, breach, occurrence or other matter notified to the carrier, including but not limited to:
1. Notifying the insurance carrier immediately if you receive any settlement demands or offers; and sending the carrier copies of any demands, notices, summonses or legal papers;
2. Submitting to examination and interrogation under oath by the insurance carrier’s representa-tive, and providing a signed statement of your answers;
3. Attending hearings, depositions and trials; 4. Assisting in securing and giving evidence and
procuring witnesses;
5. Providing written statements to the insurance carrier’s representative, and meeting with such representative for the purpose of investigation and/or defense;
6. Providing all documents and information the insurance carrier may reasonably request, including authorizing the carrier to obtain records; and
7. Pursuing your right of recovery from others.
Below is an overview of the policy highlights:
Claims-made policy excess of your district’s coverage subject to policy terms and conditions
Program Limits
$1,000,000 per occurrence limit with a $3,000,000 policy/program aggregate limit
Criminal Actions Defense
• $5,000 per occurrence limit with a $25,000 aggregate
Legal Services Due to Identity Theft • $3,000 per occurrence limit with a
$15,000 aggregate Defense of Licensing Proceedings
• $10,000 aggregate limit Bail Bonds
• $3,000 limit for each bond with a $15,000 aggregate
Sexual Abuse and Molestation
• $50,000 per occurrence limit with a $250,000 aggregate
Subpoena Assistance
• $10,000 aggregate limit Supplemental Payments
• Reasonable expenses, including loss of wages and a $250 travel per diem, if required to attend defense proceedings of a covered claim
Policy is excess of $10,000,000 for actives and $50,000 for retirees. Your district typically carries a minimum of $25,000,000.
FAQs
about CASBO’s Professional
Liability Excess Insurance
COVERAGES
Policy
www.casbo.org
EXCLUSIONS
The program provides excess coverage over your district’s coverage. While there is broad coverage, the following exclusions are included in the program:
• Sexual misconduct • Intentional acts • Medical malpractice • Misappropriation of funds • Bodily injury / property damage • Prior acts / notice / knowledge • Antitrust / deceptive trade practices • Breach of contract
• Breach of warranty / guarantee • Criminal proceedings
• Employment-related liability
• Failure to maintain insurance or bonds • Insured vs. insured
• Intellectual property • Mold
• Pollution / environmental • Privacy
• Subsidiary outside control of named insured • Third-party discrimination
All coverage is subject to policy terms and conditions on file with CASBO.
License #0451271
California Association of
School Business Officials,
CASBO, prides itself on
providing the best resources
to all of its members.
This year, for the first time,
we will provide
FREE
Professional Liability Excess
Insurance to all CASBO
Distinguished Access and
Executive Access members.
California Association of
School Business Officials
PROFESSIONAL LIABILIT Y EXCESS INSUR ANCE
If you have any questions regarding the
policy, contact our broker, Keenan & Associates:
Brad Keenan
Account Executive
2355 Crenshaw Boulevard, Suite 200
Torrance, CA 90501
bkeenan1@keenan.com
310.890.5499
