HomeMy WebLinkAboutResolution - 2021-R0339 - Excess Liability Insurance from Old Republic Union Insurance 9.14.21Resolution No. 2021-R0339
Item No. 7.20
September 14, 2021
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Manager of the City of Lubbock is hereby authorized and directed
to purchase for and on behalf of the City of Lubbock, excess liability insurance coverage
from Old Republic Union Insurance Company, for which the premium amount shall not
exceed $867,995.19; and
THAT the City Manager may execute any routine documents and forms associated
with said insurance coverage.
Passed by the City Council this September 14, 2021
DANIEL M. POPE, MAYOR
ATTEST:
Rebe a Garza, City Secr
APPROVED AS TO CONTENT:
e X ('
A --�:: --
. u Kos elich, Ch7ieTtinancial Officer
APPROVED AS TO FORM:
I
Jeffflarlseil, Deputy City Attorney
vw/RES.Risk Mgmt-Old Republic Union
September 1, 2021
Resolution No. 2021-R0339
Excess liability
Insurance Company:
Policy Term:
Coverage:
Annual Premium:
Limit Per Occurrence
General Aggregate
Self -Insured Retention
Old Republic Union Insurance Company
10/01/2021to 10/01/2022
Provides additional liability limits that are in excess of the limits
provided on specified underlying liability policies.
$867,995.19 Estimated
Your coveraee follows the policies listed below unless otherwise noted
LIMITS OF INSURANCE — excess of Geminl Insurance Company
$7,000,000
$14,000,000
$0
AUTOMOBILE LIABILITY:
AUTOMOBILE LIABILITY PER ACCIDENT:
$7,000,000
GENERAL LIABILITY:
GENERAL LIABILITY PER OCCURRENCE:
$7,000,000
GENERAL LIABILITY ANNUAL AGGREGATE:
$14,000,000
LAW ENFORCEMENT LIABILITY
LAW ENFORCEMENT LIABILITY PER OCCURRENCE:
INCLUDED IN
GENERAL LIABILITY
LAW ENFORCEMENT LIABILITY ANNUAL AGGREGATE:
$7,000,000 -
INCLUDED IN
GENERAL LIABILITY
ERRORS AND OMISSIONS LIABILITY:
ERRORS AND OMISSIONS LIABILITY PER CLAIM:
$7,000,000
ERRORS AND OMISSIONS LIABILITY ANNUAL AGGREGATE:
$7,000,000
EMPLOYMENT PRACTICES RETROACTIVE DATE:
10/01/2020
SEXUAL HARASSMENT LIABILITY RETROACTIVE DATE:
10/01/2020
ERRORS AND OMISSIONS LIABILITY RETROACTIVE DATE:
10/01/2020
SEXUAL ABUSE LIABILITY:
SEXUAL ABUSE LIABILITY PER OCCURRENCE:
NOT COVERED
SEXUAL ABUSE LIABILITY ANNUAL AGGREGATE:
NOT COVERED
EMPLOYEE BENEFITS LIABILITY:
EMPLOYEE BENEFITS LIABILITY PER CLAIM:
$7,000,000
EMPLOYEE BENEFITS LIABILITY ANNUAL AGGREGATE:
$7,000,000
EMPLOYEE BENEFITS LIABILITY RETROACTIVE DATE:
10/01/2020
EMPLOYER'S LIABILITY:
EMPLOYER'S LIABILITY PER ACCIDENT OR DISEASE:
NOT COVERED
EMPLOYER'S LIABILITY ANNUAL AGGREGATE:
NOT COVERED
UNDERLYING INSURANCE
AUTOMOBILE LIABILITY:
AUTOMOBILE LIABILITY PER ACCIDENT:
GENERAL LIABILITY:
GENERAL LIABILITY PER OCCURRENCE:
GENERAL LIABILITY ANNUAL AGGREGATE:
LAW ENFORCEMENT LIABILITY
LAW ENFORCEMENT LIABILITY PER OCCURRENCE:
LAW ENFORCEMENT LIABILITY ANNUAL AGGREGATE:
ERRORS AND OMISSIONS LIABILITY:
ERRORS AND OMISSIONS LIABILITY PER CLAIM:
ERRORS AND OMISSIONS LIABILITY ANNUAL AGGREGATE:
SEXUAL ABUSE LIABILITY:
SEXUAL ABUSE LIABILITY PER OCCURRENCE:
SEXUAL ABUSE LIABILITY ANNUAL AGGREGATE:
$3,000,000
$3,000,000
$3,000,000
INCLUDED IN
GENERAL LIABILITY
INCLUDED IN
GENERAL LIABILITY
$3,000,000
$3,000,000
NOT COVERED
NOT COVERED
EMPLOYEE BENEFITS LIABILITY:
EMPLOYEE BENEFITS LIABILITY PER CLAIM: $3,000,000
EMPLOYEE BENEFITS LIABILITY ANNUAL AGGREGATE: $3,000,000
EMPLOYER'S LIABILITY:
EMPLOYER'S LIABILITY PER ACCIDENT OR DISEASE: NOT COVERED
EMPLOYER'S LIABILITY ANNUAL AGGREGATE: NOT COVERED
Allocated Loss
Adjustment
Expenses: Outside the Underlying Limits and Outside the Limits of Insurance.
Cancellation: See Endorsement IL 02 75 11 13 — Texas Changes — Cancellation and
Nonrenewal Provisions for Casualty Lines and Commercial Package Policies.
Claims
Administrator: Claims to be handled by the City of Lubbock. The Claims Administrator may not
be changed without prior written approval from Old Republic Specialty Insurance
Underwriters.
KSMI
FORMS AND ENDORSEMENTS ATTACHING TO THE POLICY
FORM NUMBER
FORM NAME
J-05 (01/16)
Signature Page
CX DS 0109 08
Commercial Excess Liability Declarations
CX 00 01 04 13
Commercial Excess Liability Coverage Form
IL 00 17 11 98
Common Policy Conditions
AR XS 20 00 03 20
Claim Notice
AR XS 20 01 09 19
Service of Process
AR XS 20 06 09 19
Asbestos Exclusion
AR XS 20 1109 19
Lead Contamination Exclusion
AR XS 2016 09 19
War Exclusion
AR XS 20 21 09 19
Electromagnetic or Ionizing Radiation Exclusion
AR XS 20 30 09 19
Earth or Land Movement Exclusion
AR XS 20 33 09 19
Water Contamination Exclusion
AR XS 20 46 11 19
Nuclear, Biological, Chemical or Radiological Exclusion
AR XS 20 39 09 19
Specific Dam Exclusion — John T. Montford Dam
CP 01 42 03 12
Texas Changes
CX 21 01 09 08
Nuclear Energy Uability Exclusion Endorsement (Broad Form)
CX 21 03 04 13
Total Pollution Exclusion with a Hostile Fire Exception
CX 21 11 04 13
Exclusion — Abuse or Molestation
CX 21 13 04 13
Exclusion — Fungi or Bacteria
CX 21 16 04 13
Exclusion — Silica or Silica -Related Dust
CX 21 17 04 13
Exclusion — Communicable Disease
CX 21 43 05 14
Exclusion — Access or Disclosure of Confidential or Personal Information
CX 21 71 06 15
Exclusion — Unmanned Aircraft
CX 27 00 12 19
Underlying Claims -Made Coverage
IL 01 71 09 07
Texas Changes — Loss Payment
IL 02 75 11 13
Texas Changes — Cancellation and Nonrenewal Provisions for Casualty
Unes and Commercial Package Policies
Terrorism Endorsements
Excluded coverage may be available for an additional premium.
Other exclusions and policy limitations may apply. Please refer to the actual policies for specific
terms, conditions, limitations and exclusions that will govern in the event of a loss.
FU�S�il N.
Agency Bill Payment Options
We sincerely appreciate the opportunity to service your insurance needs. We believe good credit
relationships are established by making our clients aware in advance of the terms of our payment
procedures.
OUR BASIC PAYMENT PLAN IS THAT ALL PAYMENTS ARE DUE ON OR BEFORE THE EFFECTIVE DATE OF
COVERAGE. THERE ARE THREE METHODS OF PAYMENT AVAILABLE:
.CASH ON EFFECTIVE DATE
.PREMIUM FINANCING BY A PREMIUM FINANCE COMPANY
.INSURANCE COMPANY PAYMENT PLAN, IF AVAILABLE
Please note that USI Insurance Services LLC and its subsidiaries and affiliates do not provide customer
financing.
In some instances, you will receive invoices covering additions or changes to your coverage,
endorsements. These invoices are payable upon receipt. You will receive a monthly statement of your
account as a reminder as we realize that it is occasionally possible to miss a payment through oversight.
Accounts with payments past due are subject to cancellation for non-payment. This is a serious situation
as your insurer may refuse to reinstate coverage even if payment is made later. Accounts are subject,
but not limited to, reasonable attorney fees, interest, collection fees and/or court costs incurred in
connection with collection of past due balances.
PAYMENTS: Please remember to return the remittance copy of the invoice with your payment in the
provided envelope. Otherwise, all payments will be applied to your oldest balance or left
as unapplied if we cannot identify the applicable invoice being paid.
CREDITS: Credit invoices may be applied against other invoices due us. Please indicate in your
remittance or contact us as to where to apply credit invoices on your account.
These payment procedures will apply for any and all policy renewals or future business written.
If you have any questions concerning our payment procedures or any other matters pertaining to
account payments, please contact your insurance representative.
USl