Attachment P APSIT Annual Loss Experience - by Description - by Vehic....1.pdf
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- Solicitation number
- S000000426
- Issued by
- Pulaski County, Arkansas
About this file
The document is an Attachment P to a Public School Vehicle Insurance Trust Fund Policy, detailing annual loss experiences for a school district vehicle insurance program from July 1, 2012 to March 21, 2025. The comprehensive report provides detailed loss histories by description and vehicle rating categories, covering multiple vehicle types including passenger vehicles, pickups, SUVs, vans, buses, trucks, trailers, and specialty units. The policy tracks total incurred losses, paid and reserved expenses, number of claims, and vehicles across different insurance periods.
The total incurred losses for the entire period are $20,932,695, with 3,717 total claims across 3,829 vehicles. The loss experience shows significant variations across vehicle categories, with buses representing the largest portion at 82% of total incurred losses ($17,213,490) and 2,973 claims. Passenger vehicles and pickups follow, representing 5% and 7% of total incurred losses respectively. The policy appears to have no per accident deductible and no annual aggregate deductibles for liability and physical damage, with specific deductible details for trust fund physical damage and liability both within and outside the state of Arkansas.
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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 2,078,739.95 0.00 111,184.68 2,189,924.63 1,655,430 132% 2,189,925 315 2 07/01/2013 - 06/30/2014 0.00 0.00 0.00 1,293,112.10 0.00 77,398.12 1,370,510.22 1,762,439 78% 1,370,510 308 3 07/01/2014 - 06/30/2015 0.00 0.00 0.00 1,483,840.02 0.00 91,656.34 1,575,496.36 1,929,537 82% 1,575,496 311 4 07/01/2015 - 06/30/2016 0.00 0.00 0.00 1,523,168.91 0.00 107,372.18 1,630,541.09 2,279,062 72% 1,630,541 307 5 07/01/2016 - 06/30/2017 0.00 0.00 0.00 1,165,409.60 0.00 111,465.69 1,276,875.29 2,536,809 50% 1,276,875 299 6 07/01/2017 - 06/30/2018 0.00 0.00 0.00 1,704,144.91 0.00 275,069.62 1,979,214.53 2,617,035 76% 1,979,215 318 7 07/01/2018 - 06/30/2019 0.00 0.00 0.00 1,410,562.03 0.00 178,135.43 1,588,697.46 2,168,995 73% 1,588,697 318 8 07/01/2019 - 06/30/2020 0.00 0.00 0.00 1,067,065.62 10,000.00 136,942.72 1,214,008.34 3,073,843 39% 1,214,008 258 9 07/01/2020 - 06/30/2021 0.00 0.00 0.00 1,021,685.04 10,000.00 108,557.32 1,140,242.36 3,198,818 36% 1,140,242 200 10 07/01/2021 - 06/30/2022 0.00 0.00 0.00 1,520,540.38 149,000.00 127,783.38 1,797,323.76 6,402,946 28% 1,797,324 577 11 07/01/2022 - 06/30/2023 0.00 0.00 0.00 1,754,249.60 195,681.78 152,477.32 2,102,408.70 3,161,896 66% 2,102,409 314 12 07/01/2023 - 06/30/2024 0.00 0.00 0.00 1,424,029.48 157,274.27 142,701.07 1,724,004.82 3,208,664 54% 1,724,005 305 13 07/01/2024 - 06/30/2025 0.00 0.00 0.00 735,198.06 535,800.57 72,448.80 1,343,447.43 2,245,058 60% 1,343,447 192
0 0 0 18,181,746 1,057,757 1,693,193 20,932,695 36,240,532 58% 20,932,695 4,022
Effective 7/1/2012: No Per Accident Deductible and no Annual Aggregate Deductibles for Liability and Physical Damage.
Friday, Mar 21, 2025 Page 1 of 1
Trust Fund Physical Damage Annual Aggregate Deductible - $300,000
Trust Fund Physical Damage Per Accident Deductible - $25,000
School District Vehicle Policy
ANNUAL LOSS EXPERIENCE
Prior to 7/1/2012:
Totals
Trust Fund Liability Within State of Arkansas Per Accident Deductible - $25,000 Trust Fund Liability Outside State of Arkansas Per Accident Deductible - $100,000 Trust Fund Liability Annual Aggregate Deductible - $500,000 (8/1/04-2/1/05 - $250,000; 2/1/06-7/1/060-0$206,000)
Expense
33,110.92
215,677.92
3,435.71
891.5
3,473.25
2,861.61
70,610.81
21,585.37
30,581.25
42,126.95
173.43
2,755.44
282,490.8
45,790.7
232,962.94
83,692.62
127,958.06
52,597.58 % of Total Losses 2%
Student Injury $0 $0 $0 $426,614 $35,000 $514,212 $514,212 98
5%
Struck Object $0 $60,000 $2,445,384 $2,445,384 357
% of Total Losses 12%
% of Total Losses 16%
9%
Other $0 $39,213 $456,483 $456,483 106
% of Total Losses 2%
$0 $13,153 $13,153 8 % of Total Losses 0%
Not At-Fault $0 $0 $0 $1,568,659 $97,412 $1,948,562 $1,948,562 824
$10,363 Jack-knifed
$0 $0 $10,536 $10,536 4 % of Total Losses 0%
$449,795 14
Lost Load
Intersection $0 $0 $0 $521,031 $120,394 $683,552 $683,552 54
% of Total Losses 3%
$0 $0
$0 $0 Glass
$0
% of Total Losses 2%
0%
Hit Pedestrian $0 $0
% of Total Losses 2%
Fire $0 $0 $0 $356,637 $0 $378,222 $378,222 18
Failure To Yield $0 $0 $0 $1,487,074 $0 $1,557,685 $1,557,685 93
% of Total Losses 7%
0%
Failure To Merge $0 $7,500 $30,552 $30,552 2
% of Total Losses 0%
$0 $0 $0 $21,681 $0 $22,572 $22,572 5 % of Total Losses 0%
$0 $0 $8,458 $8,458 2 % of Total Losses 0%
Comprehensive - Weather
Change Lanes $0 $0 $0 $25,560 $0 $28,996 $28,996 10
% of Total Losses 0%
$0 $0 $7,951 Comprehensive - Other
Backing $0 $0 $0 $2,054,646 $17,539 $2,287,863 $2,287,863 579
% of Total Losses 11%
Animal $0 $194 $360,728 $360,728 78
% of Total Losses 2% $0 $0 $327,424
$1,396
PUBLIC SCHOOL INSURANCE POLICY
Loss History By Description Totals
Between Jul 1, 2012 and Mar 21, 2025 Vehicle Trust Fund Deductible Insurance Totals
Paid Reserved Total Paid Reserved Total Total Incurred Number of Losses
$0 $0 $20,191
Cross Center Line $0 $0 $0 $45,560 $0 $49,033 $49,033 6
% of Total Losses
$0 $2,099 $2,099 5 % of Total Losses
$0 $0 $371,480
$0 $0 $0 $10,398
% of Total Losses
$0 $393,814 $25,400 $449,795
Rear Ended
$0 $0 $2,257,425
Sideswiped $0 $0 $0 $913,033 $0 $996,725 $996,725 312
% of Total Losses
$0 $0 $0 $2,660,501 $470,407 $3,363,871 $3,363,871 243
96,277.49
15,674.5
264,775.67
8,254.77
53,728.38
Totals $1,693,193 Friday, Mar 21, 2025 Page 1 of 1
$733,524 $0 $787,253 $787,253 36
$0 $0 $0 $18,181,746 $1,057,757 $20,932,695 $20,932,695 3718
% of Total Losses 0%
% of Total Losses 4%
Weather/Comp $0 $0 $0
$0 $0 $0 $20,774 $0 $29,029 $29,029 9 Unknown
% of Total Losses 15%
0%
Towing $0 $0 $0 $996 $0 $996 $996 1
$0 Theft/Vandalism
$0
% of Total Losses 0%
2%
Thrown Rock $0 $0 $0
% of Total Losses 5%
$500 $333,811 $333,811 64 % of Total Losses
$0
Tail Swing $0 $0 $0 $883,175 $4,500 $983,953 $983,953 306
$317,637
$0
$963 $0 $1,458 $1,458 11
$179,698 $3,187,712 $3,187,712 473$0 $2,743,239 Turning
$0
% of Total Losses
Paid Reserve IncurredPaid Reserve Expense Incurred Total Incurred No. Claims Vehicles
0 0 0 38,655 0 5,347 44,002 44,002 18 0% 0%
0 0 0 905,702 10,000 77,767 993,469 993,469 134 5% 4%
0 0 0 1,337,760 3,713 129,318 1,470,791 1,470,791 365 7% 10%
0 0 0 601,750 35,631 40,868 678,249 678,249 103 3% 3%
0 0 0 197,643 43,500 15,966 257,109 257,109 63 1% 2%
0 0 0 14,841,574 964,219 1,407,696 17,213,490 17,213,490 2,973 82% 80%
0 0 0 8,276 0 23 8,299 8,299 1
0 0 0 23,175 0 1,348 24,523 24,523 13
0 0 0 3,620 0 166 3,786 3,786 3
0 0 0 70,727 0 6,275 77,002 77,002 20 0% 1%
0 0 0 7,100 194 0 7,294 7,294 4
0 0 0 1,604 0 177 1,781 1,781 2
0 0 0 5,232 500 4,517 10,249 10,249 6 491
0 0 0 25,924 0 1,457 27,381 27,381 4 13
0 0 0 112,665 0 1,608 114,273 114,273 5 423 1% 0%
Unknown
Unknown
Unknown
Drivers Education
Unknown
Vehicle Trust Fund Insurance Totals
Equipment (Not Licensed For Road Use)
Unknown
Passenger Vehicles and Mini Vans
Pickups
SUVs
Vans (Excluding Mini Vans)
Buses
Unknown
Trucks (Excluding Pickups)
Trailers
Specialty Units (Mobile Labs, etc.)
Attachment P
PUBLIC SCHOOL VEHICLE INSURANCE TRUST FUND POLICY
Loss History By Vehicle Rating Category - ALL LEVELS Between Jul 1, 2012 and Mar 21, 2025
0 0 0 338 0 658 996 996 3 2,902
0 0 0 18,181,746 1,057,757 1,693,193 20,932,695 20,932,695 3,717 3,829
Friday, Mar 21, 2025 Page 1 of 1
| APSIT Annual Loss Experience |
| By Description |
| By Vehicle Category |
File details come from the government source that posted it. Updated .