The Association of California Water Agencies Joint Power Insurance Authority (ACWA-JPIA) will be refunding over $90,000 of the Valley Center Municipal Water District’s (VCMWD) premium. This refund among other good news was announced at the recent VCMWD Board of Director’s Meeting. The District was also presented with the President’s Special Recognition Award due to their hard work in reducing loss claims. In all three of the JPIA programs — Liability, Property, and Workers’ Compensation — the VCMWD emerged with a loss-to-premiums-paid ratio below 20% for periods ending in 2012.
The Board also unanimously agreed to sign the JPIA Commitment to Excellence, which is a promise to reduce the potential and frequency of vehicle losses, infrastructure related losses, construction related losses, employment practices claims, and ergonomic and fall injuries. Valley Center will be one of the first — if not the first — ACWA-JPIA district to participate in the program.