Reports & Deliverables · Board Report
What the board needs this cycle
Coverage posture & open items, and change since last renewal — compiled from this hub’s book. Choose the whole portfolio or one development, then Detailed or Quick update.
Version
Illustrative workspace summary of the public Crescent Bend sample book — not a live client file, not a legal opinion, and not a recommendation to bind, retain, or close. Licensed advisors and the policy control.
Crescent Bend Housing Authority
MS194 · Meridian, MS · Master renewal December 7, 2026
Entire portfolio: $186.4M TIV, 962 units, in-force premium $1,871,950 (+6% same-store rate).
Detailed · Entire portfolio
Insured TIV How calculated Sum of TIV on every location in this scope — dwellings and support sites. Matches the 2026 premium-year TIV. Program TIVs are the same dollars allocated by placement, not a second total. Board Report uses this same number.How calculated
$186.4M
Entire portfolio
Locations How calculated 12 sites on the book: 10 developments plus 2 support sites.How calculated
12
10 developments
In-force premium How calculated Premium on lines with status bound, master, or project. Quoted and gap premiums are excluded.How calculated
$1,871,950
Indicated premium How calculated Premium recorded on quote or gap lines. It is not in-force and would not pay. Shown so the board can see the ask next to what is already bound.How calculated
$344,000
Quote and gap — not in force
Changes since last renewal
2025 → 2026 · +6% rate · TIV +$15.2M · premium +$179,950
Current portfolio. Oakridge is fully on builder's risk at $42.6M; permanent is quoted, not bound. Master still holds 438 ACC units, the 72-unit RAD pipeline, fleet, WC and public officials. Portfolio rate is about $1.03 per $100 TIV — up from $.69 in 2021 — because CAT, flood and construction replaced the quiet ACC package.
Builder's risk binds as demolition completes. Construction TIV appears for the first time and is the new premium. Master TIV is now unconverted ACC plus support. Same-store rate +9% — slower, still hard.
Coverage posture & open items
Where the book records a line, where limits or deductibles sit against exposure, and which gaps are already flagged. Not a legal opinion. Licensed advisors and the policy control.
- On the book
Cyber sits on the authority master
Cyber and Privacy Liability $1,000,000 (BCS Insurance Company). Retention $2,500 ($10,000 cyber deception). Authority systems · Crescent Bend Housing Authority (MS194). Converted sites are not issued a separate cyber form in this book — tenant and HCV/PIC data still run through authority systems.
- Gap on the book
Flood — NFIP · gap
Southside Walk + scattered AE parcels. Building max per AE building. No excess flood on the master. Riverbend carries excess on its own program. Scattered-site parcel determinations are incomplete.
- Watch
Permanent property (quoted) · quote only
Oakridge Court at conversion. $42.6M RC. Named storm 5% vs 2% is a potential variance. See Conversion Hub.
- Gap on the book
Flood · gap
Oakridge Court. Not structured. SFHA determination ordered 3/14. Cannot finalize NFIP vs private vs excess until it returns.
- RISK-OC-004Gap on the book
Oakridge Court — Flood structure unresolved
SFHA determination ordered 3/14. Cannot finalize NFIP vs private vs excess until it returns.
- On the book
Riverbend Family: flood is structured
Riverbend Family Project Program: NFIP max + $10M excess private.
- RISK-OC-004Gap on the book
Oakridge Court — Flood structure unresolved
No excess flood on the master. Riverbend carries excess on its own program. Scattered-site parcel determinations are incomplete.
- RISK-OC-004Gap on the book
Oakridge Court — Flood structure unresolved
No excess flood on the master. Riverbend carries excess on its own program. Scattered-site parcel determinations are incomplete.
- RISK-OC-002Gap on the book
Named storm 5% vs 2% on Oakridge Court
Property AOP $25,000 AOP wind 2% of TIV named storm 5% of TIV on $83.6M program TIV. A 5% named-storm deductible is a large retained amount relative to a single AMP TIV — the board should know that number before a CAT event.
- Note
Eastview Terrace Project Program: deductibles vs TIV
Property AOP $10,000 AOP wind $25,000 named storm 2% of TIV on $28.4M program TIV.
- Note
Riverbend Family Project Program: deductibles vs TIV
Property AOP $25,000 AOP wind 2% of TIV named storm 3% of TIV on $31.8M program TIV.
- RISK-OC-002Gap on the book
Named storm 5% vs 2% on Oakridge Court
Property AOP $25,000 current / $10,000 requested wind 2% quoted named storm 5% current / 2% requested on $42.6M program TIV. A 5% named-storm deductible is a large retained amount relative to a single AMP TIV — the board should know that number before a CAT event.
Cyber on the HA master
Cyber and Privacy Liability: $1,000,000 with BCS Insurance Company. Retention $2,500 ($10,000 cyber deception). Named insured Crescent Bend Housing Authority. Authority systems · Crescent Bend Housing Authority (MS194).
Claims-made. Claims expenses reduce the limits of liability. HCV / PIC and tenant PII sit on the authority master. Converted sites use the same network. Sample declaration for the public demo — not a live policy.
Coverage
| Line | Limit | Deductible / retention | Status |
|---|---|---|---|
Property — buildings CBHA Master Package | $83.6M blanket TIV | $25K AOP · 5% named storm | master |
General liability CBHA Master Package | $1M / $2M | $0 | master |
Umbrella / excess CBHA Master Package | $10M | Follows primary | master |
Automobile CBHA Master Package | $1M CSL · 42 units | $1,000 comp / collision | master |
Workers compensation CBHA Master Package | Statutory | None | master |
Crime / fidelity CBHA Master Package | $1M | $10,000 | master |
Public officials / D&O CBHA Master Package | $2M | $25,000 | master |
Cyber and Privacy Liability CBHA Master Package | $1,000,000 | $2,500 ($10,000 cyber deception) | master |
Flood — NFIP CBHA Master Package | Building max per AE building | NFIP statutory | gap |
Inland marine / contractors equipment CBHA Master Package | $1.8M scheduled | $5,000 | master |
Property — buildings Eastview Terrace Project Program | $28.4M | $10K AOP · 2% named storm | project |
General liability + umbrella Eastview Terrace Project Program | $1M / $2M · $15M umbrella | $0 / SIR none | project |
Property — buildings Riverbend Family Project Program | $31.8M | $25K AOP · 3% named storm | project |
Flood — NFIP + excess Riverbend Family Project Program | NFIP max + $10M excess | NFIP / $50K excess | project |
GL + umbrella Riverbend Family Project Program | $1M / $2M · $25M umbrella | $0 | project |
Builder's risk Oakridge Court Conversion Program | $42.6M + soft costs TBD | $25,000 | bound |
Permanent property (quoted) Oakridge Court Conversion Program | $42.6M RC | $25K vs $10K requested | quote |
Flood Oakridge Court Conversion Program | Not structured | — | gap |
Conversion posture
- Oakridge CourtIn conversion · 180 units · $42.6M
- Eastview TerraceConverted · 120 units · $28.4M
- Riverbend FamilyConverted · 152 units · $31.8M
- Pinecrest HomesPublic housing · 96 units · $14.2M
- Cedar Lane ApartmentsPublic housing · 64 units · $9.1M
- Westover CourtsPublic housing · 84 units · $12.6M
- Highland ParkPublic housing · 48 units · $6.8M
- Southside WalkRAD pipeline · 72 units · $11.4M
- Magnolia SeniorPublic housing · 60 units · $9.7M
- Scattered SitesPublic housing · 86 units · $13.9M
Losses
58 claims on this scope · $2,054,500 incurred · 8 open
June 9, 2026 · Magnolia Senior · $14,200
Slip and fall — Open reserve. Elderly occupancy, same building as the 2023 lobby fall.
May 11, 2026 · Maintenance staff · $11,600
Strain — Open. Authority payroll — converted LPs have their own WC.
April 19, 2026 · Oakridge Court (construction) · $12,400
Jobsite injury — visitor — Open. Project GL, not the authority master.
March 18, 2026 · Scattered Sites · $11,600
Vandalism — Turnover vacancy. Master AOP deductible absorbed most of the repair.
March 7, 2026 · Eastview Terrace · $9,800
Water — plumbing — Small. $10K AOP on the project program.
February 18, 2026 · Authority fleet · $19,800
Intersection collision — Open. At-fault. Does not move with Oakridge or Eastview.
February 14, 2026 · Southside Walk · $22,800
Water — plumbing — Open. Flood did not apply; the AE question remains for the 2027 RAD filing.
February 4, 2026 · Oakridge Court (construction) · $54,600
Theft of materials — Open. Copper and appliances from the job trailer. Permanent program is not yet bound.