HomeMy WebLinkAboutResolution - 2019-R0302 - Federal Insurance Company - Pipeline Liability Insurance - 08/27/2019 Resolution No. 2019-R0302
Item No. 6.26
August 27, 2019
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, pipeline liability insurance coverage from
Federal Insurance Company, for which the premium amount shall not exceed $5,150.00; and
THAT the City Manager may execute any routine documents and forms associated with
said insurance coverage.
Passed by the City Council on August 27, 2019
DANIEL M. POPE, MAYOR
ATTEST:
'Q'I"
Reb cca Garza, City Secre ty
APPROVED AS TO CONTENT:
f
Leisa Hutcheson, Director of Human Resources
And Risk Management
APPROVED AS TO FORM:
a�On
JeW, art1 , Deputy City Attorney
vwxcdocs/RES.Risk Mgmt-Federal Insurance Co.
August 19, 2019
Resolution No. 2019-R0302
Pipeline liability
Insurance Company: Federal Insurance Company
PolicyTerm: 10/1/2019 to 10/1/2020
Coverage: Provides coverage for claims arising from an insured's liability due to
damage or injury to others during performance of their duties or
business. The loss can be reported years later, but the key is when it
happened.
Annual Premium: $5,150.00
OccurrenceGeneral Liability Coverage-
Each Occurrence $1,000,000
General Aggregate $2,000,000
Products and Completed Operations Aggregate $1,000,000
Personal and Advertising Injury $1,000,000
Damage to Rented Premises(Each Occurrence) $1,000,000
Medical Expense $10,000
Deductible—Bodily Injury&Property Damage—Each Event $2,500
Schedule of Exposures
DescriptionClass 1
ST ..
..
ZZ9Z TX Pipeline-Over 4 outside Diameter Each 7
97223 TX Machinery or Equipment-installation Payroll If Any
Additional Coverage: Non-Owned Aircraft(under 40 feet)
Automatic Coverage for Newly Acquired Organizations(120 Days)
Incidental Medical Malpractice
Limited Worldwide Coverage
Host Liquor Liability
Operating Agents/Carried Interest/Non-Operating
Working Interest
Terrorism Provision
Limitation to Designated Premises Project
Designated Organization
Power-Tex Pipeline—Additional Insured
130
Exclusions: Information Distribution
Pollution
Radioactive Material
Architects,Engineering or Surveyors Professional
Loss of Use of Electronic Date
Asbestos Contamination
Employment Related Practices
Water Operations
Underground Resources&Equipment Hazard
Nuclear Energy
Endorsements,Key
.1 imited to,the following:
Description
Employee Related Practices Exclusion
Exclusion-Asbestos
Exclusion- Enhancement,Maintenance or Prevention Expenses
Intellectual Property Laws or Rights Exclusion
Exclude Nuclear Energy
Exclude Total Pollution with A Hostile Fire Exception
Recall of Products,Work or Impaired Property
Exclude Workers'Compensation or Similar Laws
Terrorism Included
Employees as Insureds
Additional Insureds-Volunteers
Additional Insured- Real Estate Managers or Lessors of Premises
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.
L. 131