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Home Thursday, July 03, 2008

 

 Welcome to CARMA

CARMA is an excess general liability pool consisting of six (6) member Joint Powers Authorities (JPA), with over 165 underlying members. CARMA provides excess liability coverage up to 29,000,000 per occurrence in the event of a catastrophic loss. Following is a chart outlining the layers of coverage offered for the 2008/2009 program year.

For more information regarding the CARMA program, please contact Mr. Rob Kramer, Executive Director, or Ms. Sandra Spiess, Board Secretary, at 800.541.4591, extenstion 1117 and 1182, respectively.

 
                              COLONY EXCESS INSURANCE COMPANY
                           $15,000,000 excess of $14,000,000
EVEREST REINSURANCE COMPANY
$10,000,000 excess of $4,000,000
CARMA RETAINED LIMIT
$3,000,000 excess of $1,000,000
MEMBER RETAINED LIMIT
$1,000,000

 
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