Joint Protection Program definition

Joint Protection Program means a Coverage Program offered by FRMS, separate and distinct from other Coverage Programs, wherein Members shall jointly pool their losses and claims, jointly purchase excess or re-insurance and administrative and other services including claims adjusting, data processing, risk management consulting and brokerage, loss prevention, legal, accounting and auditing and related services.
Joint Protection Program means the program of establishing the risk protection provided for in this First Amended Agreement;
Joint Protection Program means a Program offered by the Authority, separate and distinct from other Programs, wherein Members will jointly pool their losses and claims, jointly purchase Excess or Re-Insurance and administrative and other services, including claims adjusting, data processing, risk management consulting, loss prevention, legal and related services.

Examples of Joint Protection Program in a sentence

  • The Authority shall, pursuant to the Bylaws, annually adopt an operating budget, including budgets for each Joint Protection Program.

  • In order to become a Member and remain a Member, any District must be a member in good standing of CSDA, shall participate in at least one (1) Joint Protection Program and shall be authorized to exercise the common powers set forth in this Agreement.

  • So long as the MOU has not been terminated or the Authority has not withdrawn from the MOU, the Board of Directors shall be composed of seven (7) directors elected by the Member entities who have executed the current operative Agreement and are participating in a Joint Protection Program.

  • After the effective date any Joint Protection Program is established by the System, according to the provisions of Article 3 in the Agreement, the System shall allow entry into the program of new members approved by the Board of Directors, their designee, or the Administrator.

  • The City of Camas further agrees to maintain during the terms of the Agreement liability insurance in amount as provided for in the WCIA Joint Protection Program, protecting itself, its officers, employees and the City of Washougal, their officer and employees, from claims of all persons for damages arising out of the negligence by the City of Camas, its officers and employees, in providing fire, emergency medical and licensed ALS transport services pursuant to this Agreement.


More Definitions of Joint Protection Program

Joint Protection Program means the program established by the Board of Directors and intended to address the general operation of the Agency.
Joint Protection Program means any program to provide risk sharing or insurance coverage under the Agreement and these Bylaws and shall include a determination as to the amount of initial insurance premiums and/or deposit premiums, a precise allocation plan and formula, and a determination of the amount and type, if any, of excess insurance to be purchased. Included within the term joint protection program is the identification of exposures to accidental loss, the reduction or limitation of losses to Member District properties and from injuries to persons or property caused by the operations of Member Districts and the funding of those risks, together with any other functions appropriate or necessary to the functioning of the joint protection program.
Joint Protection Program or “Program” shall mean the operation of the Authority under which the Member Agencies are protected against designated losses, through pooling of self-insured funds, joint purchase of commercial insurance, or any combination as determined by the Board.
Joint Protection Program or “Program” shall mean the operation of the Authority under which the Member Agencies are protected against designated
Joint Protection Program means the program of establishing the coverage provided for by this Agreement, of determining the amount of initial assessments, of adopting a precise cost allocation plan and formula, of preparing pro forma financial statements of the System, and of determining the amount and type of any excess insurance to be procured. Included within the term “Joint Protection Program, “ is the identification of exposures to accidental loss or illness, the reduction or limitation of losses to Member District properties (real or personal) and from injuries to persons or property caused by the operations of a Member District, and the prudent funding of these risks. Where claims arise, the System will process or cause to be processed such claims, investigate their validity, and settle or defend against such claims within the financial limits established by the Board of Directors. The System will tabulate such claims, costs and losses and carry out other assigned duties. Also included within the “Joint Protection Program” is any Mid-Layer Pool or other function necessary to the operation of the program.
Joint Protection Program means the program of establishing the coverage provided for by this Agreement, of determining the amount of initial assessments, of adopting a precise cost allocation plan and formula, of preparing pro forma financial statements of the System, and of determining the amount and type of any excess insurance to be procured. Included within the term “Joint Protection Program,“ is the identification of exposures to accidental loss or illness, the reduction or limitation of losses to member district properties and from injuries to persons or property (real or personal) caused by the operations of Member District, and the prudent funding of these risks. Where claims arise, the System will process or cause to be processed such claims, investigate their validity, and settle or defend against such claims within the financial limits established by the Board. The System will tabulate such claims, costs and losses and carry out other assigned duties. Also included within the “Joint Protection Program” is any other function necessary to the operation of the program.
Joint Protection Program means the program of establishing the risk protection provided for in the Interlocal AgreementFirst Amended Agreement, of determining the amount of initial payments, of adopting a precise cost allocation plan and formula, of preparing pro forma financial statements of the Association, and of determining the amount and type of excess insurance to be procured. Included within the term “joint protection program” is the identification of exposures to accidental loss, reduction or limitation of losses to municipal properties and from injuries to persons or property caused by the operations of municipalities, and prudent funding of these risks. Where claims arise, the Association will process or cause to be processed such claims, investigate their validity, settle or defend against such claims within the financial limits of the risk management agreement[MC1], tabulate such claims, costs and losses and carry out other assigned duties. Also included within the “joint protection program” is any other function necessary to the operation of the program;