GOVERNMENT RECORD
Yuma FY 2027 insurance renewal report, MC 2026-129
About this source
Official insurance renewal authorization, passed July 15, 2026, describing the current liability program and retained amount.
- Source type
- Government record
- Source classification
- Primary source
- Source date
- Not established in the reviewed record
Relevant excerpt / notes
Liability SIR remains $300,000 per occurrence. $15 million liability program comprises $10 million base and $5 million excess; do not substitute these FY2027 limits for the policy governing November 2023 collision. No policy attachments. Annual multi-coverage premium is not a Candela-specific expense and no premium impact is attributed to this case.
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The City reports $296,929.12 already spent defending Candela v. City of Yuma and another $3,070.88 needed to complete its $300,000 insurance retention. Council approved the settlement 7–0, but payment and final dismissal terms remain unverified.