HomeMy WebLinkAboutResolution - 2022-R0147 - Airport Liability Insurance from Ace Property and Casualty InsuranceResolution No. 2022-RO147
Item No. 7.5
March 22, 2022
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, airport and non -owned aircraft
liability insurance coverage from Ace Property and Casualty Insurance Company, for a
premium amount not to exceed $36,948.80; and
THAT the City Manager may execute any routine documents and forms associated
with said insurance coverage.
Passed by the City Council this
ATTEST:
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Re ec a Garza, City Secre
APPROVED AS TO CONTENT:
o
D. Blu K stelich, Chief Financial Officer
APPROVED AS TO FORM:
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Jef arts 11, Deputy City Attorney
RES.Risk Mgmt-Ace Property & Casualty Ins
March 14, 2022
March 22, 2022
DANIEL M. POPE, MAYOR
Resolution No. 2022-RO147
Airport Owners Liability
Insurance Company: ACE Property & Casualty Insurance Co
Policy Term: 04/01/2022 to 04/01/2023
Coverage: Your legal liability to members of the public for claims arising from
your airport ownership or operation
Annual Premium: $36,948.80
Airport Owners and Operators General Liability
Airport Location: LBB - Lubbock Preston Smith International Airport
Limits of Liability: $50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$500,000
$10,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$50,000,000
$1,000,000
$1,000,000
Bodily Injury & Property Damage Liability Combined Single Limit
Products -Completed Operations Aggregate
Personal Injury and Advertising Injury Aggregate
Incidental Malpractice Aggregate
Extended Coverage - War, Hi -jacking & Other Perils Aggregate
Fire Damage Limit, Any One Fire
Medical Expense Limit, Any One Person
Hangarkeepers Limit, Any One Occurrence
Hangarkeepers Limit, Any One Aircraft
Non -Owned Aircraft Liability Limit, Any One Occurrence
Excess Automobile Liability, Any One Occurrence
Excess Employers Liability, Any One Occurrence
Employee Benefits Liability Aggregate
Cargo Legal Liability
Deductibles: NIL
Added Provisions: Airport Expansion Endorsement, which includes:
✓ Broad form Insured
✓ Knowledge of Occurrence
✓ On - Airport Premises Auto Coverage
✓ Mobile Equipment
✓ Control Tower - Contingent
✓ Baggage Liability
✓ Damage to Autos
✓ Static Display of Aircraft
✓ Co -Employees (Deletion of Fellow Employee Coverage)
National Incident Management System - $50,000,000 per occurrence subject to
sub -limits:
$50,000,000 Products -Completed Operations Aggregate
$50,000,000 Personal and Advertising Injury Aggregate
$50,000,000 Malpractice Aggregate
$50,000 Fire Damage Limit, any one fire
$10,000 Medical Expense Limit, any one person
Excludes Hangarkeeper's Liability and Non -Owned Liability
Also Included: ✓
Extended Coverage - War, Hi -Jacking and Other Perils
✓
Amendment to Include Coverage for Certified Acts of Terrorism
✓
Catastrophe Management Coverage
✓
Worldwide Territory
✓
Mutual Aid Agreement
✓
Immunity Waiver
✓
Volunteers Endorsement
✓
Amendment of Noise and Pollution and Other Perils Exclusion
✓
Land Acquisition Endorsement
✓
Date Recognition Limited Coverage
✓
Infringement of Copyright, Patent, Trademark or Trade Secret
✓
Amendment to Supplementary Payments (Court Cost) Endorsement
✓
120 days notice of cancellation / 10 days for non-payment
✓
Exclusion - Access or Disclosure of Confidential or Personal Information
Excluded coverage or other coverages sought may be available: please discuss with USI
Other exclusions and policy limitations may apply. Please refer to the actual policies for specific terms,
conditions, limitations, exclusions and sublimits that will govern in the event of a loss.