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HomeMy WebLinkAboutResolution - 2020-R0295 - Excess Liability Insurance PolicyResolution No. 2020-RO295 Item No. 7.13 September 8, 2020 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 $777,157.51; and THAT the City Manager may execute any routine documents and forms associated with said insurance coverage. Passed by the City Council this September 8, 2020 DANIEL M. POPE, MAYOR ATT ST: (� Rebec a Garza, City Secretary APPROVED AS TO CONTENT: D. Blu Ko elich, Chief Financial Officer APPROVED AS TO FORM: ;i� � e a oel , Deli ty City Attorney vw/RES.Risk Mgmt-Old Republic Union September 2, 2020 Excess Liability Insurance Company: Old Republic Union Insurance Company Policy Term: 8/1/2020 to 8/1/2021 Coverage: Provides additional liability limits that are in excess of the limits provided on specified underlying liability policies. Annual Premium: $777,157.51 LIMITS OF INSURANCE — excess of Gemini Insurance Company 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: 10101/2020 SEXUAL HARASSMENT LIABILITY RETROACTIVE DATE: IW1/2020 ERRORS AND OMISSIONS LIABILITY RETROACTIVE DATE: la'01/2020 SEXUAL ABUSE LIABILITY: SEXUAL ABUSE LIABILITY PER OCCURRENCE: NOT COVERED SEXUAL ABUSE LIABILITY ANNUAL AGGREGATE: NOT COVERED i EMPLOYEE BENEFITS LIABILITY: EMPLOYEE BENEFITS LIABILITY PER CLAIM: $7,000,000 EMPLOYEE BENEFITS LIABILITY ANNUAL AGGREGATE: $7.000,000 EMPLOYEE BENEFITS LIABILITY RETROACTIVE DATE: 10101/2020 EMPLOYER'S LIABILITY: EMPLOYER'S LIABILITY PER ACCIDENT OR DISEASE: NOT COVERED EMPLOYER'S LIABILITY ANNUAL AGGREGATE: NOT COVERED 01 155 d 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: .000.000 $3.000,000 $3,000,000 INCLUDED IN GENERAL LIABILITY INCLUDED IN GENERAL LIABILITY .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 Adminlstmtor: 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. Information Required Prior to Inception: 1) Completed and signed Old Republic Specialty Insurance Underwriters New Business Supplemental Application. 2) Completed Producer Appointment Information. 3) A copy of the surplus lines license with the full broker name, agency, address, and Ilcense number. 4) Name, address, small and telephone number of claims contact for the Claims Administrator. 5) Signed Terrorism Select/Reject Form. (required If bound) 6) Quotation Is subject to additional details on the 7/23/2019 Auto Accident and what changes the City has made to prevent the same type of occurrence from happening again. USI 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 0413 Commercial Excess Liability Coverage Form IL 00 17 1198 Common Policy Conditions AR XS 20 00 03 20 Claim Notice j AR XS 20 01 0919 Service of Process AR XS 20 06 0919 Asbestos Exclusion 'AR XS 20 11 0919 Lead Contamination Exclusion AR XS 2016 09 19 War Exclusion AR XS 20 21 0919 Electromagnetic or Ionizing Radiation Exclusion AR XS 20 30 0919 Earth or Land Movement Exclusion AR XS 20 33 0919 Water Contamination Exclusion AR XS 20 4611 19 Nuclear, Biological. Chemical or Radiological Exclusion AR XS 20 39 0919 Specific Dam Exclusion — John T. Montford Dam CP 01 42 03 12 Texas Changes CX 21 Of 09 08 Nuclear Energy Uabiilty Exclusion Endorsement (Broad Form) CX 21 03 04 13 Total Pollution Exclusion with a Hostile Fire Exception CX 21 1104 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 j CX 21 17 04 13 Exclusion — Communicable Disease CX 21 43 05 14 Exclusion — Access or Disclosure of Confidential or Personal Information ! CX 21 7106 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 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 sublimity that will govern In the event of a loss. USI