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<p class="MsoNormal">Agency Insurance Coordinators: <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">It’s that time of year to update your agency’s RMIS insurance data for the upcoming
<b>FY2022</b> (July 1, 2021 to June 30, 2022) insurance renewal process for Property, Optional Inland Marine, Optional Auto Physical Damage and Employee Bond & Crime. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Please review the four attached applicable cover letters for additional Renewal Instructions. You’ll need to check your Origami data and determine whether it is accurate as is, or needs to be modified.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Your agency’s FY2021 Major Property values in Origami have been increased by Risk Management to reflect current replacement cost for FY2022 by applying the following annual inflation factors:<o:p></o:p></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNormal" style="mso-list:l3 level1 lfo1">1.05% to buildings<o:p></o:p></li><li class="MsoNormal" style="mso-list:l3 level1 lfo1">1.05% to contents and stock/supplies. Mobile equipment values were not inflated since they are reported as ACV “actual cash value”.
<o:p></o:p></li></ul>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Additionally, a few agencies request <b>Business Interruption</b> or
<b>Loss of Rents coverage</b>. If you are one of these agencies, please review the Origami FY2022 data to determine if the figures are adequate or need to be updated for your applicable building locations.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b>Here are the dates you’ll need to remember for updates to Origami:<o:p></o:p></b></p>
<p class="MsoNormal"><o:p> </o:p></p>
<ol style="margin-top:0in" start="1" type="1">
<li class="MsoNormal" style="mso-list:l4 level1 lfo2"><b>BOND & CRIME <o:p></o:p></b></li></ol>
<ol style="margin-top:0in" start="1" type="a">
<li class="MsoNormal" style="margin-left:.25in;mso-list:l1 level1 lfo3"><b>STARTING NOW
</b>– Review your employee numbers (Class A & B) in Origami. <o:p></o:p></li><li class="MsoNormal" style="margin-left:.25in;mso-list:l1 level1 lfo3"><b>BEFORE JUNE 1</b>
<o:p></o:p></li></ol>
<p class="MsoNormal" style="margin-left:1.5in;text-indent:-.25in;mso-list:l1 level2 lfo3">
<![if !supportLists]><span style="mso-list:Ignore">i.<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>Updates must be complete in Origami <u>by all agencies</u>.
<o:p></o:p></p>
<ol style="margin-top:0in" start="2" type="1">
<li class="MsoNormal" style="mso-list:l4 level1 lfo2"><b>MAJOR PROPERTY<o:p></o:p></b></li></ol>
<ol style="margin-top:0in" start="1" type="a">
<li class="MsoNormal" style="margin-left:.25in;mso-list:l2 level1 lfo4"><b>STARTING NOW
</b>– continue all data additions, deletions and/or modifications to major Property in Origami.
<b><o:p></o:p></b></li><li class="MsoNormal" style="margin-left:.25in;mso-list:l2 level1 lfo4"><b>MAY 1</b> – Risk Management will generate a statewide property data report from Origami and send to the insurance carrier to start the renewal process. Risk Management requests all
agencies to have most<u> of their property value changes completed in Origami by
<b>May 1.</b> </u><b><o:p></o:p></b></li><li class="MsoNormal" style="margin-left:.25in;mso-list:l2 level1 lfo4"><b>BEFORE JUNE 1</b> – All
<b>FINAL</b> property data changes must be complete in Origami by all agencies. <b>
<o:p></o:p></b></li><li class="MsoNormal" style="margin-left:.25in;mso-list:l2 level1 lfo4"><b>On JUNE 1 -</b>Risk Management will generate a second statewide property data report from Origami and send to the insurance carrier as final “true up” of all statewide values. This
June 1, 2021 report will be utilized to determine each agency’s final FY2022 property premium.
<b><o:p></o:p></b></li></ol>
<p class="MsoNormal" style="margin-left:.75in"><b><o:p> </o:p></b></p>
<ol style="margin-top:0in" start="3" type="1">
<li class="MsoNormal" style="mso-list:l4 level1 lfo2"><b>OPTIONAL AUTO PHYSICAL DAMAGE<o:p></o:p></b></li></ol>
<ol style="margin-top:0in" start="1" type="a">
<li class="MsoNormal" style="margin-left:.25in;mso-list:l0 level1 lfo5"><b>STARTING</b>
<b>NOW </b>– Make all additions, deletions and/or modifications to auto data in Origami.
<b><o:p></o:p></b></li><li class="MsoNormal" style="margin-left:.25in;mso-list:l0 level1 lfo5"><b>BEFORE JUNE 1</b>
<o:p></o:p></li></ol>
<p class="MsoNormal" style="margin-left:1.5in;text-indent:-.25in;mso-list:l0 level2 lfo5">
<![if !supportLists]><span style="mso-list:Ignore">i.<span style="font:7.0pt "Times New Roman"">
</span></span><![endif]>All automobile data changes must be finalized by agencies in Origami <o:p></o:p></p>
<p class="MsoNormal" style="margin-left:1.5in"><o:p> </o:p></p>
<ol style="margin-top:0in" start="4" type="1">
<li class="MsoNormal" style="mso-list:l4 level1 lfo2"><b>OPTIONAL INLAND MARINE<o:p></o:p></b></li></ol>
<ol style="margin-top:0in" start="1" type="a">
<li class="MsoNormal" style="margin-left:.25in;mso-list:l5 level1 lfo6"><b>STARTING NOW –
</b>Make all data additions, deletions, and/or modifications to Inland Marine data in Origami.
<b><o:p></o:p></b></li><li class="MsoNormal" style="margin-left:.25in;mso-list:l5 level1 lfo6"><b>BEFORE JUNE 1</b>
<b><o:p></o:p></b></li></ol>
<p class="MsoNormal" style="margin-left:1.5in;text-indent:-.25in;mso-list:l5 level2 lfo6">
<![if !supportLists]><b><span style="mso-list:Ignore">i.<span style="font:7.0pt "Times New Roman"">
</span></span></b><![endif]>All Inland Marine data changes must be finalized by agencies in Origami.<b><o:p></o:p></b></p>
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<p class="MsoNormal">Please feel free to call me (332-1848) or Kristie Fields (332-1869) if you have questions.
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<p class="MsoNormal">We appreciate you taking the time to make sure your data is complete and timely.
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<p class="MsoNormal">Thank you!<b><o:p></o:p></b></p>
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<p class="MsoNormal"><span style="font-size:16.0pt;font-family:"Bahnschrift SemiBold Condensed",sans-serif;color:#2F5496">Max George<o:p></o:p></span></p>
<p class="MsoNormal">Risk Analyst, Department of Administration <o:p></o:p></p>
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<p class="MsoNormal" style="line-height:115%"><span style="font-size:10.0pt;line-height:115%;color:black">5-Second Customer Satisfaction Survey:
</span><a href="https://idpurchasing.sjc1.qualtrics.com/jfe/form/SV_6ECZm9no3YhEon4"><span style="font-size:10.0pt;line-height:115%;color:blue">Rate Us!</span></a><span style="font-size:10.0pt;line-height:115%;color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:115%"><span style="font-size:10.0pt;line-height:115%;color:black">Office: (208) 332-1848<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:115%"><span style="font-size:10.0pt;line-height:115%;color:black">Main: (208) 332-1869<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:115%"><span style="font-size:10.0pt;line-height:115%;color:black">Web:
</span><span style="font-size:10.0pt;line-height:115%;color:black"><a href="http://www.adm.idaho.gov/risk"><span style="color:blue">www.adm.idaho.gov/risk</span></a></span><span style="font-size:10.0pt;line-height:115%;color:black"><o:p></o:p></span></p>
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