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HomeMy WebLinkAboutResolution - 2022-R0148 - Excess Liability InsuranceResolution No. 2022-RO148 Item No. 7.6 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, excess liability insurance coverage from a company as yet to be determined, for which the premium amount shall not exceed $1,017,782.28; and THAT the City Manager may execute any routine documents and forms associated with said insurance coverage. Passed by the City Council this March 22, 2022 DANIEL M. POPE, MAYOR ATTEST: Rebe ca Garza, City Secr tary APPROVED AS TO CONTENT: - tF�L 6EQ�;2 D. lu Kostelich, Chief Financial Officer APPROVED AS TO FORM: Deputy City Attorney vw/RES.Risk Mgmt-Liability Insurance March 14, 2022 Resolution No. 2022-RO148 Excess Liability Insurance Company: Policy Term: Coverage: Annual Premium: Limit Per Occurrence General Aggregate Self -Insured Retention As yet to be determined 04/01/2022to 04/01/2023 Provides additional liability limits that are in excess of the limits provided on specified underlying liability policies. $1,017,782.28 $7,000,000 $14,000,000 i $0 Your coverage follows the policies listed below unless otherwise noted LIMITS OF INSURANCE -- excess of Gemini Insurance Company 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: EMPLOYMENT PRACTICES RETROACTIVE DATE: SEXUAL HARASSMENT LIABILITY RETROACTIVE DATE: ERRORS AND OMISSIONS LIABILITY RETROACTIVE DATE: SEXUAL ABUSE LIABILITY: SEXUAL ABUSE LIABILITY PER OCCURRENCE. SEXUAL ABUSE LIABILITY ANNUAL AGGREGATE: EMPLOYEE BENEFITS LIABILITY: EMPLOYEE BENEFITS LIABILITY PER CLAIM: EMPLOYEE BENEFITS LIABILITY ANNUAL AGGREGATE: EMPLOYEE BENEFITS LIABILITY RETROACTIVE DATE: EMPLOYER'S LIABILITY: EMPLOYER'S LIABILITY PER ACCIDENT OR DISEASE: EMPLOYER'S LIABILITY ANNUAL AGGREGATE: $7,000,000 $7,000,000 $14,000,000 INCLUDED IN GENERAL LIABILITY $7,000,000 - WCLUDED IN GENERAL LIABILITY $7,000,000 $7,000,000 10/0112020 10/0112020 10/0112020 NOT COVERED NOT COVERED $7,000,000 $7,000,000 10/01/2020 NOT COVERED NOT COVERED "use UNDERLYING INSURANCE AUTOMOBILE LIABILITY: AUTOMOBILE LIABILITY PER ACCIDENT: $3,000,000 GENERAL LIABILITY: GENERAL LIABILITY PER OCCURRENCE: $3,000,000 GENERAL LIABILITY ANNUAL AGGREGATE: $3,000,000 LAW ENFORCEMENT LIABILITY LAW ENFORCEMENT LIABILI-Y PER OCCURRENCE: INCLUDED IN GENERA_ LIABILITY LAW ENFORCEMENT LIABILI'Y ANNUAL AGGREGATE. INCLUDED IN GENERA_ LIABILITY ERRORS AND OMISSIONS LIABLITV: ERRORS AND OMISSIONS LIABILITY PER CLAIM: $3,000,000 ERRORS AND OMISSIONS LIABILITY ANNUAL AGGREGATE: $3,000,000 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: $3,000.000 EMPLOYEE BENEFITS LIABILITY ANNUAL AGGREGATE: $3,000,000 EMPLOYER'S LIABILITY: FMPI OYFR'S I IARII ITY PFR A '.1r)FNT OR nISFASF• NOT COVFRFn 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. IFU --Sl in FORMS AND ENDORSEMENTS ATTACHING TO THE POLICY FORM NUMBER FORM NAME J-05 (01/16) Signature Page CX DS 01 09 08 Commercial Excess Uablllty Declarations CX 00 01 04 13 Commercial Excess Uablilty Coverage Form IL 00 17 11 98 Common Policy Conditions AR XS 20 00 03 20 Claim Notice AR XS 20 0109 19 Service of Process AR XS 20 06 09 19 Asbestos Exclusion AR XS 20 11 09 19 Lead Contamination Exclusion AR XS 20 16 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 0142 03 12 Texas Changes CX 2101 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 2143 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 1L 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. 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