Approved the proposal obtained through Risk Placement Services for cyber liability insurance coverage underwritten by CFC Underwriting and provided by underwriters at Lloyd's, London, with a $3 million liability limit and $10,000 retention, for the period October 1, 2026 through October 1, 2027, using funds from the FY27 Operating Budget and authorizing the General Manager to complete the renewal process.
Official Roll-Call Vote
Staff Report & Agenda Item Details
Approved the proposal obtained through Risk Placement Services for cyber liability insurance coverage underwritten by CFC Underwriting and provided by underwriters at Lloyd's, London, with a $3 million liability limit and $10,000 retention, for the period October 1, 2026 through October 1, 2027, using funds from the FY27 Operating Budget and authorizing the General Manager to complete the renewal process.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.8/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).