Attachment N AMAIT Annual Loss Experience - By Description - by Vehic...1.pdf

178 KB Posted

Attached to
State Business Auto Coverage and Excess Liability Insurance
Solicitation number
S000000426
Issued by
Pulaski County, Arkansas

About this file

Written by GovTribe AI ·

This document is an Annual Loss Experience report for the Arkansas Multi-Agency Insurance Trust Fund (AMAIT) Vehicle Trust Fund Deductible Insurance policy, covering the period from July 1, 2012, to March 21, 2025. The comprehensive report details insurance claims across multiple vehicle categories and incident types, tracking total incurred losses, expenses, and claim counts over 12 policy years. The insurance policy covers various state agency vehicles including passenger vehicles, pickup trucks, SUVs, vans, buses, heavy trucks, trailers, and specialty units.

The loss experience data reveals significant insights into the state's vehicle insurance claims. Total incurred losses over the reporting period are $15,232,933, with 2,851 total claims across different vehicle types. Passenger vehicles and pickup trucks represent the highest proportion of claims, accounting for 34% and 21% of total losses respectively. The policy features specific deductible structures, including a $25,000 per accident deductible for physical damage and liability within Arkansas, and a $100,000 per accident deductible for liability outside the state. Notable claim categories include rear-ended incidents (7% of losses), sideswiped incidents (31% of losses), and not-at-fault claims (14% of total losses).

View the file

Other files

File Type Posted
Attachment C Sample Company Vehicle Loss History Report.pdf PDF
Attachment I APSIT 2024 - 2025 Cincinnati 100k Policy.pdf PDF
Attachment T APSIT Auto Rate Worksheet.1.pdf PDF
Attachment B APSIT List of Participants Address Phone Contact Mailing List.1.xlsx XLSX spreadsheet
Attachment F AMAIT 2024 - 2025 Cincinnati Excess Auto 1m Policy.pdf PDF
Attachment G AMAIT 2024 -2025 Cincinnati 250k Policy.pdf PDF
Attachment H AMAIT 2024 - 2025 Cincinnati Excess Auto 250k Policy.pdf PDF
Attachment Q APSIT Vehicle Loss History Report All Claims by Policy Year March 2025.xlsx XLSX spreadsheet
S000000426 Bid Response Packet.docx DOCX document
S000000426 IFB State Business Auto Coverage and Excess Liability Insurance~1.pdf PDF
Attachment D Sample Company vehicle Loss History Report.pdf PDF
Attachment K AMAIT Vehicles Insured by Cat - Vehicle Schedule March 3 2025 Broker Report.1.xlsx XLSX spreadsheet
Attachment M AMAIT Iist of State Agency Limits.pdf PDF
Attachment O AMAIT Vehicle Loss History All Claims by Policy Year March 2025.pdf PDF
Attachment P APSIT Annual Loss Experience - by Description - by Vehic....1.pdf PDF
Attachment V Sample PGE Vehicle Schedule.pdf PDF
S000000426 Official Bid Price Sheet~1.xlsx XLSX spreadsheet
Standard Commodities Contract Sample~6.pdf PDF
Attachment A AMAIT List of Participants Address Phone Contact Mailing List.2.xlsx XLSX spreadsheet
Attachment E AMAIT 2024 - 2025 Cincinnati 1m Policy.pdf PDF
Attachment J APSIT 2024 - 2025 Cincinnati Excess Auto Policy~1.pdf PDF
Attachment L APSIT Vehicles Insured by Cat - Vehicle Sch March 3 2025 Broker.1.xlsx XLSX spreadsheet
Attachment R Arkansas State Vehicle Safety Program.pdf PDF
Attachment S AMAIT Auto Rate Worksheet.1.pdf PDF
Attachment U AMAIT Sample PGE Vehicle Schedule.pdf PDF
Show all 25

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file
Try for free Login

Text version

The file's text, extracted by GovTribe without its formatting.

Vehicle Trust Fund Deductible Insurance Policy Year Paid Reserved Total Incurred Paid Reserved Expense Total Incurred Earned Premium Loss Ratio Total Incurred Claim Count

1 07/01/2012 - 06/30/2013 0.00 0.00 0.00 1,644,493.00 0.00 31,813.29 1,676,306.29 $1,242,373.40 135% $1,676,306.29 190 2 07/01/2013 - 06/30/2014 0.00 0.00 0.00 2,091,067.74 0.00 71,835.87 2,162,903.61 $1,434,603.00 151% $2,162,903.61 164 3 07/01/2014 - 06/30/2015 0.00 0.00 0.00 759,093.30 0.00 34,904.33 793,997.63 $1,674,110.06 47% $793,997.63 210 4 07/01/2015 - 06/30/2016 0.00 0.00 0.00 1,359,097.32 20,000.00 72,158.21 1,451,255.53 $1,614,648.00 90% $1,451,255.53 255 5 07/01/2016 - 06/30/2017 0.00 0.00 0.00 908,723.02 0.00 101,547.85 1,010,270.87 $1,890,536.00 53% $1,010,270.87 234 6 07/01/2017 - 06/30/2018 0.00 0.00 0.00 765,956.64 0.00 73,822.55 839,779.19 $1,976,493.00 42% $839,779.19 252 7 07/01/2018 - 06/30/2019 0.00 0.00 0.00 602,275.94 0.00 60,647.66 662,923.60 $1,607,164.00 41% $662,923.60 231 8 07/01/2019 - 06/30/2020 0.00 0.00 0.00 819,007.37 0.00 90,763.71 909,771.08 $1,803,450.00 50% $909,771.08 237 9 07/01/2020 - 06/30/2021 0.00 0.00 0.00 662,167.53 0.00 63,131.79 725,299.32 $1,961,757.00 37% $725,299.32 223 10 07/01/2021 - 06/30/2022 0.00 0.00 0.00 582,876.63 30,000.00 48,046.27 660,922.90 $1,972,931.00 33% $660,922.90 261 11 07/01/2022 - 06/30/2023 0.00 0.00 0.00 1,869,089.29 20,000.00 118,396.23 2,007,485.52 $1,988,056.00 101% $2,007,485.52 243 12 07/01/2023 - 06/30/2024 0.00 0.00 0.00 692,810.75 370,827.54 48,244.95 1,111,883.24 $2,042,848.00 54% $1,111,883.24 188 13 07/01/2024 - 06/30/2025 0.00 0.00 0.00 361,924.86 842,741.86 15,467.71 1,220,134.43 $1,418,020.04 86% $1,220,134.43 158

0 0 0 13,118,583 1,283,569 830,780 15,232,933 $22,626,989.50 67% $15,232,933.21 2,846

Friday, Mar 21, 2025 Page 1 of 1

Effective 7/1/2012: No Per Accident Deductible and no Annual Aggregate Deductibles for Liability and Physical Damage.

Trust Fund Physical Damage Per Accident Deductible - $25,000 Trust Fund Physical Damage Annual Aggregate Deductible - $300,000

Trust Fund Liability Annual Aggregate Deductible - $500,000

Trust Fund Liability Within State of Arkansas Per Accident Deductible - $25,000 Trust Fund Liability Outside State of Arkansas Per Accident Deductible - $100,000

Totals Arkansas Multi-Agency Insurance Trust Fund Established July 1, 2003 Prior to 7/1/2012:

State Vehicle Policy

ANNUAL LOSS EXPERIENCE

Hit Pedestrian 0 0 0 937,272 0 44,349 981,621 981,621 15

% of Total Losses 0%

Glass 0 0 0 18,192 2,000 842 21,034 21,034 50

% of Total Losses 0%

Fire 0 0 0 47,896 0 125 48,021 48,021 4

% of Total Losses 6%

Failure To Yield 0 0 0 881,626 25,000 32,457 939,083 939,083 53

% of Total Losses 0%

Failure To Merge 0 0 0 65,913 0 408 66,321 66,321 3

% of Total Losses 2%

Cross Center Line 0 0 0 272,377 0 12,687 285,064 285,064 7

% of Total Losses 0%

Comprehensive - Weather 0 0 0 2,935 0 0 2,935 2,935 3

% of Total Losses 0%

Comprehensive - Other 0 0 0 8,884 0 268 9,153 9,153 7

% of Total Losses 2%

Change Lanes 0 0 0 41,899 250,000 3,066 294,965 294,965 11

% of Total Losses 5%

Backing 0 0 0 709,140 60,000 62,773 831,912 831,912 440

% of Total Losses 3%

Animal 0 0 0 389,808 0 20,852 410,660 410,660 220

Total Total Incurred Number of LossesPaid Reserved Total Paid Reserved Expense

STATE VEHICLE INSURANCE POLICY

Loss History By Description Totals

Between Jul 1, 2012 and Mar 21, 2025 Vehicle Trust Fund Deductible Insurance Totals

Attachment N

Turning

% of Total Losses 0%

Thrown Rock 0 0 0 2,647 0 690 3,337 3,337 6

% of Total Losses 1%

Theft/Vandalism 0 0 0 210,386 5,000 10,098 225,484 225,484 113

% of Total Losses 0%

Tail Swing 0 0 0 18,593 0 1,555 20,148 20,148 7

% of Total Losses 0%

Student Injury 0 0 0 22,890 0 1,034 23,924 23,924 3

% of Total Losses 5%

Struck Object 0 0 0 646,198 0 56,819 703,017 703,017 269

% of Total Losses 4%

Sideswiped 0 0 0 556,583 0 23,569 580,152 580,152 116

% of Total Losses 31%

Rear Ended 0 0 0 4,422,548 137,589 227,964 4,788,100 4,788,100 216

% of Total Losses 7%

Other 0 0 0 655,742 440,558 45,971 1,142,270 1,142,270 214

% of Total Losses 14%

Not At-Fault 0 0 0 1,735,411 168,933 218,820 2,123,165 2,123,165 822

% of Total Losses 2%

Lost Load 0 0 0 283,029 0 5,595 288,624 288,624 16

% of Total Losses 0%

Jack-knifed 0 0 0 1,393 0 680 2,073 2,073 4

% of Total Losses 2%

Intersection 0 0 0 221,027 89,686 19,692 330,405 330,405 45

% of Total Losses 6%

Totals Friday, Mar 21, 2025 Page 1 of 1

3%

0 0 0 13,118,583 1,283,569 830,780 15,232,933 15,232,933

% of Total Losses

Weather/Comp 0 0 0 417,008 11,500 18,852 447,360 447,360 104

% of Total Losses 0%

Unknown 0 0 0 8,881 0 1,432 10,314 10,314 9

% of Total Losses 4% 0 0 0 540,305 93,304 20,181 653,790 653,790 95

Vehicle Trust Fund Insurance Totals Paid Reserve Total Paid Reserve Expense Total Total Incurred No. Claims

0 0 0 2,966 0 42 3,007 3,007 1

0% 0%

0 0 0 4,624,681 242,376 247,158 5,114,214 5,114,214 1,216 1,288 34% 43%

0 0 0 2,219,831 834,833 199,193 3,253,857 3,253,857 798 1,697 21% 28%

0 0 0 2,171,371 104,861 103,863 2,380,095 2,380,095 318 592 16% 11%

0 0 0 1,975,289 65,000 156,168 2,196,457 2,196,457 257 377 14% 9%

0 0 0 179,665 0 25,028 204,693 204,693 48 47 1% 2%

0 0 0 115,319 0 9,096 124,415 124,415 22 41 1% 1%

0 0 0 0 0 0 0 0 1

07/30/19

0 0 0 280,857 0 20,447 301,304 301,304 59 237 2% 2%

0 0 0 1,034,690 16,500 45,545 1,096,735 1,096,735 31 124 7% 1%

0 0 0 3,427 0 0 3,427 3,427 1 9

0 0 0 4,814 0 10 4,824 4,824 6 851

0 0 0 154,650 0 8,071 162,721 162,721 25 62 1% 1%

0 0 0 48,514 10,000 11,838 70,352 70,352 35 595 0% 1%

0 0 0 3,519 0 886 4,405 4,405 2

0 0 0 4,119 0 84 4,204 4,204 1

0 0 0 294,871 10,000 3,353 308,224 308,224 27 2% 1%

N/A

0 0 0 13,118,583 1,283,569 830,780 15,232,933 15,232,933 2,851 5,920

Unknown

Friday, Mar 21, 2025 Page 1 of 1

Unknown

(Intentionally Left Blank)

Unknown

Heavy Trucks

Truck Tractors

Specialty Units (Original Cost Below $249,999)

Trailers

Specialty Units (Original Cost Above $250K)

Equipment (Not Licensed for Road Use)

Unknown

Unknown

Unknown

Buses (Original Cost $50,000 or Less)

STATE AGENCY VEHICLE INSURANCE TRUST FUND POLICY

Loss History By Vehicle Rating Category - ALL LEVELS

Between Jul 1, 2012 and Mar 21, 2025

No. Vehicle Unknown

Passenger Vehicles and Mini Vans

Pickup Trucks

SUVs

Vans (Excluding Mini Vans)

Buses (Original Cost Above $50,000)

AMAIT Annual Loss Experience
By Description
By Vehicle Category

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