The California Joint Powers Risk Management Authority (CJPRMA) is a statewide risk retention pool that was established in 1986 to provide excess general liability coverage for its members. Currently, its membership is composed of 17 cities and 4 joint powers authorities. The combined membership represents over 100 public entities throughout the state.
The program provides $40 million in excess liability coverage. Members select a retained limit of either $500,000 or $1 Million. There is no annual aggregate, except for certain types of claims. Member contributions are based upon payroll and the rate is established through an actuarial study which is conducted annually.
CJPRMA also provides programs for the group purchase of commercial insurance coverage for property, boiler and machinery, and auto physical damage. Although the commercial insurance coverage programs are optional, participation in the liability program is mandatory.