HomeMy WebLinkAboutResolution - 2012-R0340 - Purchase Pipeline Insurance Coverage - Federal Insurance Company - 09/13/2012Resolution No,2012-80340
September 13, 2012
Item No. 5.17.C.
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, a member of the Chubb Group, 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 this
September 13, 2012
ra►�OBE TSON, MAYOR
ATTEST:
lZeb cca Garza, City Secreta
APPROVED AS TO CONTENT:
Quincy White ssistant City Managert
APPROVED AS TO FORM:
Chad Weaver, Assistant City Attorney
RES.Risk Mgmt-Fed incur Co. Chubbs Grp
August 21, 2012
Resolution No. 2012—RO340
Wells Fargo Insurance Services
UM
E NSURANCE AGENCY
PIPELINE LIABILI'T'Y
Insurance Compal Federal Insurance company / Chubb
A++ XV - AM Best - Admitted Carrier
Effective Date: 10-01-12 to 10-01-13
COVERAGE
Limits of Insurance:
$ 2,000,000 General Aggregate
$ 1,000,000 Advertising & Personal Injury Aggregate
$ 1,000,000 Each Occurrence
$ 1,000,000 Damage to Premises Rented To You
$ 10,000 Medical Expense, Any One Person
$ 2,500 Deductible
ADDITIONAL COVERAGES
Non -Owned Aircraft (under 40 feet)
Employees as Insured
Automatic Coverage for Newly Acquired
Organizations (120 Days)
Incidental Medical Malpractice
Limited World Wide Coverage
Dost Liquor Liability
EXCLUSIONS
Information Distribution
Radioactive Material
Architects, Engineering or Surveyors
Professional
Operating Agents/ Carried Interest/ Non -
Operating Working Interest
Terrorism Provision
Limitation to Designated Premises or
Project Designated Organization
Power -Tex Pipeline - Additional Insured
Water Operations
Underground Resources & Equipment
Hazard
Nuclear Energy
This information is intended to be reviewed by the representatives for the entity and no other parties. Review by persons
other than the entity's representatives is prohibited. Likewise, dissemination or copying of this document or the information
contained herein to persons other than the entity's representative is also prohibited.