Starting in the mid-1970s, California public entities were unable to purchase some types of insurance and/or obtain affordable coverage in the commercial market. By the mid-1980s, commercial liability insurance was virtually unavailable for public entities.
As a result, California state legislation was enacted to authorize public entities to self-insure and pool their assets to jointly control their risks and pay their claims.
The Public Entity Risk Management Authority (PERMA) was created in 1985 for the purpose of jointly funding programs of insurance. PERMA is a statewide agency consisting of thirty-one public entity members.
PERMA is not driven by profit – rates are driven only by the membership’s experience and exposure.
PERMA has developed public entity risk retention pools for general liability and workers’ compensation coverage. PERMA also offers coverage options in property, vehicle, special events, crime, employment practices liability, and employee benefits.
|City of Perris
|Marjorie De La Cruz
|Palm Springs Aerial Tramway
|City of San Jacinto
|City of Colton
|City of Barstow
|City of Murrieta
|City of Rancho Mirage
Board of Directors
- Each member selects a Director and alternate
- The Board sets PERMA policy (e.g. funding, confidence levels, programs, coverages, services, etc.)
- Three Board meetings are held each year
- Each member, regardless of size, is afforded one vote
- Seven members are elected from the Board to serve on the Executive Committee for two-year terms
- Meetings are held monthly
- The Executive Committee elects the President and Vice-President each calendar year
- The Treasurer is appointed by the Board