25-64121509-ITB Miscellaneous Property Attachment M Historical Loss Experience.pdf
PDF 165 KB Posted
- Attached to
- Inland Marine - Miscellaneous Property Insurance
- Solicitation number
- ITB-13034
- Issued by
- Leon County, Florida
About this file
This document is a Historical Loss Experience report for Solicitation No. 25-64121509-ITB, a Miscellaneous Property Insurance contract for the Florida Department of Management Services. The report covers the policy years from 8/8/2021 to 8/8/2025, detailing total premiums, losses paid, and loss ratios for each year. The historical data shows consistent annual premiums ranging from $62,082 to $85,460, with only one claim of $3,081 in the 2020 policy year related to a moldy piano at Florida International University.
The loss runs document provides a comprehensive claims history for the Inland Marine insurance program, managed by Arthur J. Gallagher Risk Management Services, LLC. Most policy years (2014-2024) show no claims reported, with the sole exception being the 2020 policy year's mold-related piano damage claim. The total incurred loss for the entire period is $3,081, representing a very low loss ratio of approximately 0.8% across the documented years. This minimal claims history suggests a stable and low-risk insurance portfolio for the state's miscellaneous property coverage.
View the file
Other files
Show all 16
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Solicitation No. 25- 64121509-ITB Miscellaneous Property Insurance
Attachment M Historical Loss Experience
A detailed historical loss experience report dated June 5, 2025, is provided on the following pages.
Policy Year Total Premium @
Inception Total Losses Paid Loss Ratio
8/8/2024 – 8/8/2025 $ 85,460 $ 0 0%
8/8/2023 – 8/8/2024 $ 63,464 $ 0 0%
8/8/2022 – 8/8/2023 $ 62,233 $ 0 0%
8/8/2021 – 8/8/2022 $ 62,082 $ 3,081 2%
Loss Runs US Marine (16) All numbers represent 100% of the Claims
Workspace name: Loss Runs
Refresh date: 06/06/2025
Report Executed: 06/06/2025
Parameters values Search Type: Program
Search Values: 1426248
Conversion Type: USD
Policy Underwriting Year: 0 - 2025
Policy With No Claims: Show
Table links Claims External
Insured There are no master policies for this selection
MPLs Inland Marine
Brokers ARTHUR J. GALLAGHER RISK MANAGEMENT SERVICES, LLC
Description of the report : Loss Runs US Marine (16)
Claims External
UW Year Policy Number MPL Claim Number Claim Description Claim
Watchlist
Claim Status Claim Cause of Loss Claim Incident Date Claim Notice Date Claim Closed Date Claim Handler Policy Share Of Whole Percentage Indemnity Paid Expense Paid Total Paid Total Reserve Total Incurred
2024 UM00030629MA24A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2024 0 0 0 0 0
2023 UM00030629MA23A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2023 0 0 0 0 0
2022 UM00030629MA22A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2022 0 0 0 0 0
2021 UM00030629MA21A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2021 0 0 0 0 0
2020 UM00030629MA20A Inland Marine UM00057822MA20 Florida International University reported that their piano became contaminated with mold. The sound board (the heart of the instrument) was damaged due to mold and humidity levels.
N Closed Mold/Wetting 04/06/2021 06/24/2021 07/06/2023 Andrew Bumstead 100.00% 0 3,081 3,081 0 3,081
Sub Total 2020 0 3,081 3,081 0 3,081
2019 UM00030629MA19A Inland Marine UM00048651MA19 UF rented a storage container from Pac-Van and when it was returned, the leasing company discovered 4" diameter holes in the side of the container.
N Closed Accidental Damage 08/23/2019 12/10/2019 01/07/2020 Juan Stone 100.00% 0 0 0 0 0
Sub Total 2019 0 0 0 0 0
2018 UM00030629MA18A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2018 0 0 0 0 0
2017 UM00030629MA17A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2017 0 0 0 0 0
2016 UM00030629MA16A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2016 0 0 0 0 0
2015 UM00030629MA15A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2015 0 0 0 0 0
2014 UM00030629MA14A Inland Marine No Claims
Reported
100.00% 0 0 0 0 0
Sub Total 2014 0 0 0 0 0
Grand Total 0 3,081 3,081 0 3,081
Loss Runs US Marine (16) All numbers represent 100% of the Claims
Report Executed: 06/06/2025
Currency : USD
File details come from the government source that posted it. Updated .