washington state transit insurance pool blanket pollution insurance march 26 2010 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Washington State Transit Insurance Pool Blanket Pollution Insurance March 26, 2010 PowerPoint Presentation
Download Presentation
Washington State Transit Insurance Pool Blanket Pollution Insurance March 26, 2010

Loading in 2 Seconds...

play fullscreen
1 / 16

Washington State Transit Insurance Pool Blanket Pollution Insurance March 26, 2010 - PowerPoint PPT Presentation


  • 137 Views
  • Uploaded on

Washington State Transit Insurance Pool Blanket Pollution Insurance March 26, 2010 . Blanket Pollution Policy - Specifics. Carrier: ACE Dates: 4/4/09 to 4/1/12 WSTIP Limits $5,000,000 Per Pollution Condition $5,000,000 Policy Aggregate (3 Years) WSTIP SIR $100,000

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Washington State Transit Insurance Pool Blanket Pollution Insurance March 26, 2010' - ornice


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
blanket pollution policy specifics
Blanket Pollution Policy - Specifics

Carrier: ACE

Dates: 4/4/09 to 4/1/12

WSTIP Limits $5,000,000 Per Pollution Condition

$5,000,000 Policy Aggregate (3 Years)

WSTIP SIR $100,000

Claim Trigger Claims Made

Retro Date None

Primary Coverage Yes

Covered Locations Yes

Operations Yes

Right & Duty to Defend Yes

Defense Inside Limit Yes

Hammer Clause None

Territory USA

blanket pollution policy participating members
WSTIP

Ben Franklin

Clallam

Grant

Grays Harbor

Intercity

Island

Jefferson

Kitsap

Twin

Mason

Pacific

Skagit

Community

Spokane

Valley

Whatcom

Blanket Pollution Policy – Participating Members
blanket pollution policy overview
Blanket Pollution Policy – Overview
  • This is a Liability Policy (Not a Discovery Policy)
    • Third Party Claims
    • Government Actions
  • Policy Coverage Sections
    • Covered Locations Coverage
    • Operations Coverage
blanket pollution policy covered location coverage
Blanket Pollution Policy – Covered Location Coverage
  • “Claims” and associated “Legal Defense Expenses” arising out of a “Pollution Condition” on or under or migrating for a “Covered Location”
  • Coverage applies to “Pollution Conditions” that first commence, in whole or in part, during or prior to the “Policy Period”.
  • “Claim” must be reported to the insurer, in writing, during the “Policy Period” (Claims Made Provision)
blanket pollution policy covered location coverage1
Blanket Pollution Policy – Covered Location Coverage
  • What is a Covered Location?
    • Any location owned, operated, managed, leased or maintained by the Insured upon the inception date of the policy 4/4/09
    • Some Newly Acquired Properties – (Automatic Acquisition Coverage)
      • Properties that have had a clean Environmental Due Diligence within 90 days of Acquisition
      • Park & Rides acquired after inception and not reported do not receive Prior Coverage
    • Otherwise new acquisitions must be reported, endorsed (including additional premium) to obtain full Covered Location status
blanket pollution policy operations coverage
Blanket Pollution Policy – Operations Coverage
  • “Claims” and associated “Legal Defense Expenses” arising out of a “Pollution Condition” resulting from “Covered Operations”
  • “Claim” must be reported to the insurer, in writing, during the “Policy Period” (Claims Made Provision)

Coverage applies to “Pollution Conditions” that first commence, in their entirety after the Policy Inception Date.

blanket pollution policy operations coverage1
Blanket Pollution Policy – Operations Coverage
  • Covered Operations of the Insured
    • Spraying Operations
    • Street Construction
    • Repair Services
    • Utility Construction & Repair Services
    • Refuse Collection Operations
    • Transportation– Includes waste hauling by others engaged in the business of transporting property for hire.
blanket pollution policy major exclusions ust s
Blanket Pollution Policy – Major Exclusions – UST’s
  • Underground Storage Tanks (UST’s) – Storage tank and any associated piping and appurtenances connected thereto which storage tank has more than 10% of its volume below ground.
  • Exclusion –“Pollution Conditions” arising from or related to an “Underground Storage Tank”
blanket pollution policy major exclusions
Blanket Pollution Policy – Major Exclusions
  • Asbestos & Silica
  • Divested Property
  • Employers Liability
  • Fines and Penalties
  • First Party Property Damage
  • Fungi
  • Insured vs. Insured
blanket pollution policy major exclusions1
Blanket Pollution Policy – Major Exclusions
  • Intentional Non-Compliance & Regulatory Compliance
  • Know Conditions – Has Responsible Insured Provision
  • Landfills & Recycling Facilities – Includes “Covered Locations”
  • Lead Based Paint
  • Naturally Occurring Materials
blanket pollution policy major exclusions2
Blanket Pollution Policy – Major Exclusions
  • Non-Owned Disposal Sites
  • Products Liability
  • Vehicles
  • War & Terrorism
blanket pollution policy claim reporting
Blanket Pollution Policy – Claim Reporting
  • Written Report - As Soon as Practical
  • Verbal Report – Take Reasonable Measures for Immediate Reporting
  • Upon the discovery of a “Pollution Condition”, the insured shall make every attempt to mitigate any loss and comply with applicable “environmental laws”. The insurer shall have the right, but not the duty, to mitigate such “Pollution Conditions” if, in the sole judgment of the insurer, the insured fails to take reasonable steps to do so. In that event, any remediation costs incurred by the insurer shall be deemed incurred by the insured, and shall be subject to the self insured retention and the limits of liability.
blanket pollution policy other conditions
Blanket Pollution Policy - Other Conditions
  • Subrogation – No waiver allowed, even in advance of the claim.
  • Environmental Consultants – The insured will have the right and duty to retain a qualified environmental consultant to perform any investigation and/or remediation of any “pollution condition” covered under this Policy. The insured must receive the written consent of the insurer prior to the selection and retention of such consultant except in the event of an emergency response. Any costs incurred prior to such consent will not be covered under the policy or credited against the self-insured retention, except in the event of an emergency response.
alliant insurance services1
Alliant Insurance Services

THANKS YOU!

Rick Steddom – Vice President

Email: rsteddom@alliantinsurance.com

Phone: 949-660-8121