22-84131514-ITB Crime Insurance 2023 Attachment J Historical Loss Experience Report.pdf

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Attached to
Government Crime Insurance
Solicitation number
ITB-03255
Issued by
Leon County, Florida

About this file

This document is a loss experience report for the State of Florida Department of Management Services related to a government crime insurance contract. The report covers claims activity under five different policy numbers from 2018 to 2022, including details on the accident description, claim status, reserves, paid losses, and total incurred losses. The report indicates there was one open claim with $2,525 in total incurred losses during the 2021-2022 policy term, as well as one closed claim with $5,000 in paid losses during the 2018-2019 policy term.

The related state and local contract opportunity is for government crime insurance for the State of Florida Department of Management Services. The contract term and renewal options are not specified. Interested vendors must submit responses through the MyFloridaMarketPlace Ariba on Demand Sourcing event. The solicitation includes a price sheet that can be downloaded from the Ariba event. Protests regarding this procurement must be filed with the Agency Clerk within the time period prescribed by Florida statutes.

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ITB No. 22-84131514-ITB Government Crime Insurance

Attachment J Loss Experience Report

A loss experience report dated September 12, 2022 is provided on the following pages.

Page 1 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

Loss Detail Report

THE STATE OF FLORIDA DEPARTMENT OF MANAGEMENT SERVICES

4050EsplanadeWay,#360
Tallahassee,FL32399

Account #: 1068294

ReportFilters:
Createdby:Atul.Dagabaj@cfins.com
Policy#'s:CrimeCommercial-626038626,626037986,626037436,626036876,626036402
ClaimStatus:Open,Closed,Re-opened
FeatureStatus:Open,Closed,Re-opened
Note:Featurestatusisonlyapplicablefornonworker'scompensationclaims
IncurredRangeFrom:$0
IncurredRangeTo:$0
AccidentDescriptionType:DefinedDescription
Location:All
Department:All
State:All
ValuationDate:9/12/2022
ShowNotificationOnlyClaims:N
ShowBilledDeductible:N

Page 2 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Note:TotalincurredlossincludesALAEminusSubroRecovery.
AccidentState:FL
AccidentDescription:NOTCLASSIFIED
ClaimStatus:O
DateClosed:N/A

Claimant Name Policy Number

Claim Number

Claim Type

Damage Type

Date of Loss

Date Reported

Loc/ Dept

Feature Status

OS

Reserve Paid ALAE

Total Incurred inc ALAE

The State Of Florida Department Of Management Services. 626038626 NJU00743114 INSI 8/20/2022 9/1/2022 O * $0 $0 *

Totals: * $0 $0 *

* Denotes undisclosed reserves

Policy Number: 626038626 1/1/2022 - 1/1/2023

Page 3 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Deductible:$0
TotalClaims:1
ReportOnlyFeatures:0
ClaimType AveragePerClaim OpenClaimFeatures TotalClaimFeatures OutstandingReserves Total
PaidLoss ALAE TotalIncurred

inc ALAE

Fidelity- Inside Premises * 1 1 * $0 $0 *

Totals 1 1 * $0 $0 *

* Denotes undisclosed reserves

Summary for Policy Number: 626038626 1/1/2022 - 1/1/2023

Page 4 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Note:TotalincurredlossincludesALAEminusSubroRecovery.
AccidentState:FL
AccidentDescription:FUNDSTRANSFERFRAUD
ClaimStatus:C
DateClosed:11/22/2021

Claimant Name Policy Number

Claim Number

Claim Type

Damage Type

Date of Loss

Date Reported

Loc/ Dept

Feature Status OS Reserve Paid ALAE Total Incurredinc ALAE

The State Of Florida Department Of Management Services 626037986 NJU00727280 INSI 7/21/2021 7/28/2021 C $0.00 $0 $0 $0.00

Totals: $0.00 $0 $0 $0.00

* Denotes undisclosed reserves

Policy Number: 626037986 1/1/2021 - 1/1/2022

Page 5 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

AccidentState:FL
AccidentDescription:BURGLARY/THEFT-DISAPPEARANCE
ClaimStatus:O
DateClosed:N/A

Claimant Name Policy Number

Claim Number

Claim Type

Damage Type

Date of Loss

Date Reported

Loc/ Dept

Feature Status OS Reserve Paid ALAE Total Incurredinc ALAE

The State of Florida Department of Management Services 626037986 NJU00730298 INSI 2/10/2021 10/1/2021 O * $0$2,525 *

Totals: * $0$2,525 *

* Denotes undisclosed reserves

Page 6 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Deductible:$0
TotalClaims:2
ReportOnlyFeatures:0
ClaimType AveragePerClaim OpenClaimFeatures TotalClaimFeatures OutstandingReserves Total
PaidLoss ALAE TotalIncurred

inc ALAE

Fidelity- Inside Premises * 1 2 * $0 $2,525 *

Totals 1 2 * $0 $2,525 *

* Denotes undisclosed reserves

Summary for Policy Number: 626037986 1/1/2021 - 1/1/2022

Page 7 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Note:TotalincurredlossincludesALAEminusSubroRecovery.
Therearenoclaimsforthispolicy.

Policy Number: 626037436 1/1/2020 - 1/1/2021

Page 8 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Note:TotalincurredlossincludesALAEminusSubroRecovery.
AccidentState:FL
AccidentDescription:BURGLARY/THEFT-DISAPPEARANCE
ClaimStatus:C
DateClosed:9/26/2019
ClaimantName PolicyNumber ClaimNumber ClaimType DamageType DateofLoss DateReported Loc/Dept FeatureStatus OSReserve Paid ALAE TotalIncurred
incALAE

Florida A&M - FL Department Of Management Services 626036876 NJU00687276 INSI 2/22/2019 3/13/2019 C $0.00 $0 $0 $0.00

Totals: $0.00 $0 $0 $0.00

* Denotes undisclosed reserves

Policy Number: 626036876 1/1/2019 - 1/1/2020

Page 9 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

AccidentState:FL
AccidentDescription:NOTCLASSIFIED
ClaimStatus:C
DateClosed:2/11/2020
ClaimantName PolicyNumber ClaimNumber ClaimType DamageType DateofLoss DateReported Loc/Dept Feature
Status OSReserve Paid ALAE TotalIncurred

inc ALAE

Dept of Children and Families 626036876 NJU00692439 OUTS 6/6/2019 6/11/2019 C $0.00 $0 $0 $0.00

Totals: $0.00 $0 $0 $0.00

* Denotes undisclosed reserves

Page 10 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Deductible:$0
TotalClaims:2
ReportOnlyFeatures:0
ClaimType AveragePerClaim OpenClaimFeatures TotalClaimFeatures OutstandingReserves Total
PaidLoss ALAE TotalIncurred

inc ALAE

Fidelity- Inside Premises $0.00 0 1 $0.00 $0 $0 $0.00

Fidelity- Outside Premises $0.00 0 1 $0.00 $0 $0 $0.00

Totals 0 2 $0.00 $0 $0 $0.00

* Denotes undisclosed reserves

Summary for Policy Number: 626036876 1/1/2019 - 1/1/2020

Page 11 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Note:TotalincurredlossincludesALAEminusSubroRecovery.
AccidentState:FL
AccidentDescription:EMPLOYEEDISHONESTY
ClaimStatus:C
DateClosed:1/27/2022
ClaimantName PolicyNumber ClaimNumber ClaimType DamageType DateofLoss DateReported Loc/Dept FeatureStatus OSReserve Paid ALAE TotalIncurred
incALAE

Department of Citrus/Matthew McDermott 626036402 NJU00665632 INSI 4/16/2018 4/17/2018 C $0.00 $17,922 $5,000 $0.00

Totals: $0.00 $17,922 $5,000 $0.00

* Denotes undisclosed reserves

Policy Number: 626036402 1/1/2018 - 1/1/2019

Page 12 of 12 Account #: 1068294 - Loss Detail Report Valuation Date: 9/12/2022

ProducerInformation
CRC-JERICHO
175FroehlichFarmBlvd
Woodbury,NY117970000
CrimeCommercial
InsuredName:THESTATEOFFLORIDADEPARTMENTOFMANAGEMENTSERVICES
Deductible:$0
TotalClaims:1
ReportOnlyFeatures:0
ClaimType AveragePerClaim OpenClaimFeatures TotalClaimFeatures OutstandingReserves Total
PaidLoss ALAE TotalIncurred

inc ALAE

Fidelity- Inside Premises $0.00 0 1 $0.00 $17,922 $5,000 $0.00

Totals 0 1 $0.00 $17,922 $5,000 $0.00

* Denotes undisclosed reserves

Summary for Policy Number: 626036402 1/1/2018 - 1/1/2019

File details come from the government source that posted it. Updated .