Legislation Details

File #: 26-7122   
Type: Orange County Transportation Authority Item Status: Committee Ready - Regular Calendar
File created: 8/19/2026 In control: Finance and Administration Committee
On agenda: 9/17/2026 Final action:
Title: Excess Liability Insurance Update
Sponsors: Greg Bych , Ben Bekhor
Attachments: 1. Staff Report

Subject

title

Excess Liability Insurance Update

overview

Overview

The Orange County Transportation Authority maintained excess liability insurance coverage through 2020 when the excess liability market saw significant price increases. As a result, the Board of Directors elected not to renew excess liability coverage and instead retain the risk through self-insurance. The Board reaffirmed the decision to remain fully self-insured in June 2025 and again in May 2026. This report provides an update on excess liability market conditions and options including pricing.

recommendation

Recommendation(s)

Receive and file as an information item.