Newsletter

Key Updates to Authority’s Liability, Cyber, and Property Programs

Each year, Authority staff, along with our general counsel review our Memoranda of Coverage to determine if any changes or edits are necessary to properly reflect coverage for the following year. The proposed changes and edits are reviewed by the Coverage Committee and then approved by the Executive Committee. For 2025/2026, several important changes have been made to the liability, cyber, and property programs. Below is a summary of the changes affecting coverage and deductibles. Members are encouraged to review these adjustments to understand their impact.

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Liability Program Changes

• Exclusion “P” has been amended to clarify that the approval or disapproval of land use regulations is both discretionary and non-discretionary. This exclusion also clarifies that the approval or disapproval of ordinances includes any licensing issues and also includes massage parlors.
• A new sublimit for Earth Movement-related claims has been added to the MOC-L. This new endorsement to the Primary Liability section of the MOC establishes a per-member limit of $10M per coverage period and a shared pool-wide limit of $30M per coverage period. These limits apply regardless of the number of claims or occurrences.

Cyber Program Updates

• Per member limit increased from $1M to $2M.
• Total aggregate limit increased from $5M to $10M.
• Member deductible lowered from $250K to $100K.

Property Program Changes

• All Risk coverage increased from $500M to $750M.
• Earthquake/Flood coverage increased from $200M to $225M.
• Terrorism coverage increased from $100M to $150M.
• Member deductible increased from $10K to $15K.

Should you have any questions concerning the changes in coverage for 2025/2026, please contact Chief Operating Officer Paul Zeglovitch or Liability and Insurance Programs Manager Chris Gray for cyber and property.

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