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HomeMy WebLinkAboutC-1850 - Umbrella liability, auto & comprehensive public liability coverageItem 4 of the Declarations shall rea follows: 4. Schedule of Underlying Insurance: Carrier Firemen's Fund Bellfonte Covenant Ins, Co. Jefferson Ins. Co. Midland Ins. Co, Coverage A. Employers' Liability B. Comprehensive Auto Liability C. Comprehensive General Liability Incl, P.I. D.I.C. Malpractice for Paramedic excess 1iab, G.L. & Auto & DIC The General Liability coverage includes the following, as indicated: XX Products and Completed Operations Liability Coverage ❑ Designated Contractual Liability Coverage XX Broad Form Property Damage Liability Coverage M Personal Injury Limits $ one accident Bodily Injury Liability P.D. & CSL $ 300, 000 each person $ 300, 000 each occurrence Property Damage Liability $ each occurrence Bodily Injury and Property Damage Liability Combined $ 300, 000 each occurrence $ 300,000 aggregate Bodily Injury Liability $ each person $ each occurrence $ aggregate Bodily Injury Liability $ each occurrence $ aggregate Property Damage Liability $ each occurrence $ aggregate Personal Injury Liability $ each person aggregate $ general aggregate Hospital Professional Liability $ each claim $ aggregate $ 300,000 ea occ /agg s $ 300,000 ea claim /agg/ claim 100% of the difference between Underlying Insurance & total limit of 1,000,000 CSL X X.G.U. Liability Coverage 19 Blanket Contractual Liability Coverage IN DIC EJ This endorsement forms a part of the policy to which attached, effective on the inception date of the policy unless otherwise stated herein. (The information below is required only when this endorsement is issued subsequent to preparation of the policy.) Endorsement Effective 6/25/76 Policy No. UL 389290 Endorsement No. GXe.5 Named Insured City of Newport Beach Et Al Cou rsA ed MIDLAND INSURANC MPAN� i epr me ' uNO zoos aev. t;�a resident ORIGINAL r - -cC � ... R � ... R Policy No. to be Issued: XL 149323 Trans. 7 -001 Stock Company s� BINDER COVERING EXCESS INSURANCE with MIDLAND INSURANCE COMPANY One State Street Plaza New York, N.Y. 10004 This binder confirms coverage for your account.as follows: NAMEDINSURED AND ADDRESS: TERM: From City of Newport Beach Newport Beach, Ca. 6 -25 -76 To 6 -25 -77 COVERAGE: Excess Comp. General Liab. Incl. Automobile Liab, DIC Liab. and Malpractice for Paramedics UNDERLYING LIMITS: $300,000 CSL ea, pers., ea. occ. /agg. as app. BI & PD Combined. LIMITS OF INSURANCE HEREUNDER: $700,000 CSL ea, pers., ea. occ. /agg. as app. BI & PD Combined excess underlying. CONDITIONS AND Excludes malpractice except for Paramedics. WARRANTIES: � P Excludes Inverse Condemnation, Failure to Supply water. Require a copy of underlying policy in order for us to issue our certificate. RATE AND PREMIUM: (Payable upon delivery 4LA7 nnn on of this binder) j JIILUM /GARVEY PRODUCER: AotE rance brokers Inc. phone 1714) 549 -9952 3720 CAMPUS DRIVE NEWPORT BEACH, CALIFORNW12660 Coverage under this binder is subject to all terms and conditions of the Contract to be issued. This binder shall be automatically terminated and voided by delivery of Contract to the Insured. Date: Jym 24, 1976 Form No. UNO -97 ORIGINAL ... ..- i. .... �.. .�. .. .�._ . ., fit ": .. ... . ._i.t �: .:,.. .....': 7 :.. 't.: �i! .,l ]... .. .. .... -�� �, �,,. �., y .... - -k- . ENDORSEMENT Effective Dote 6 -25 -76 In consideration of the premivm.charged. understood and agreed um is hereby amended to read as ws _• " $26,800.00 de ject to installments of $20,100.00 due on 10 -1 -76 81 1 -14,1.: Attached to and made a part of Policy No X1.4- . `= �f MIDL lit 1NSURAOCE COMPANY . issued to Cb' of Newport Beach:- -- Counter signed:. At: Los Argel$s, .:(qjpla Dote July 6, 1976 ........... ` ................ ......:...::.,,........... pit, Sec, lames V Cr .P[in!dsnt - By Binder Ertl. .i 1: rr FORM, UND. N0.281 112/741 IOM a ORIGINAL €° gN4S 44.. 4L Policy No. to be Issued: UL- 389290 BINDER COVERING EXCESS INSURANCE with MIDLAND INSURANCE COMPANY 3345 Wilshire Blvd. 9ee- 6t*+e -&Fee6 -Reza bkx'�Jes3>l-'1- _�:f2f1014. Los Angeles, CA 90010 This binder confirms coverage for your account as follows: NAMED INSURED City of Newpoet Beach Et AI AND ADDRESS: 3300 Newport Boulevard Newpbrt Beach, CA TERM: From June 25, 1976 COVERAGE: Umbrella Liability To June 25, 1977 Stock Company UNDERLYING LIMITS: B. 1. & P. D. Government codes included 1,000,000 each occurrence /aggregate as applicable (See attached Endorsement) LIMITS OF INSURANCE HEREUNDER: 4,000,000 excess 1,000,000 underlying insurance 10,000 SIR CONDITIONS AND Exclude Medical Malpractice and Inverse Condemnation WARRANTIES: otherwise broad as Primary Endorsement to apply, RATE AND PREMIUM: $48,000. Flat Annual Premium (Payable upon delivery $19,200 Due Advance of this binder) $14,000 Due 10/1/76 and 1/1/77 PRODUCER: Nil LUAI /GAFtVEY Insurance brokers inc. phone 7141548 -8852 Coverage under if of the Contract to be issued. This binder shall 1 3720 CAMPUS DRIVE NEWPORT BEACH, CALIFORNIA 92660 Ty of Contract to the Insured. MIDLAND INkwANCE COMPANY Date: July 15, 1976 Form No. UNa-97 ORIGINAL Representative ENDORSEMENT 0 Effecti�ie Date June 25, 1976 The following are Underlying Limits $finder: General Liability Bellefonte Ins.. Auto Liability Fireman Fund DIC CovendM Mutual Paramedic Western World $300,000 CSL each occ /agg. B. 1. & P.D. $300,000 CCS each occ. ABI & APD $300,000 CSL each occ /agg. 300/300,000 each occ /agg. Midland 100% of the difference between the wderlying limit and total limit of $1,000,000 each occurrence. and $1,000,000 aggreggte, `x Effective June 25, 1976 12:01 AM Standard Time, this Endorsement No. 1 attached to and made a part of Policy No. UL- 389290 of MIDLAND INSURANCE COMPANY issued to City of Newport Beach (The information above is required only when this endorsement is issued subsequent to preparation of the policy.) Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, agreements or limitations of this policy other than as above stated. By ............I., .., ...F. J rl Di . . K erf, Secretary t. / Representative James P. Craig, President July -U, 1976 Y � �GV�yg�M �UND. NO. 2a2 2 t12/741) TOM - OP4VNAL _ �G cem UND. No. 45 �' ,�. ,. _. y e...w� z.. _::i.:::q:s.._ .. ENDORSEMiNT Effective Care June 25, 1976 In consideration of the premium charged, it is understood and agreed the amount due on anniversary dates 10/1/76 and 1/1/77 are hereby amended to read; $14,400 Due 10/1/76 and 1AP7 �i Effective June 25, 1976 12:01 AM Standard Time, this Endorsement No. 2 1 attached to and made a part of Policy No. UL- 389290 of MIDLAND INSURANCE COMPANY issued to City of Newport Beach (The information above is required only when this endorsement is issued subsequent to prepatation of the policy.) Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, agreements or limitations of this policy other than as above stated. ...................1 KZIE. jerf , Secretary By 1cM.4:t..... /1 James P. Craig, President July 23, Ae mlzed Riap,a.aritestive - ORIGINAL RECEMW� L26197% FORM UND. N0..2 a3 112R.I}.1 1OM _ _yr•. kerY....x.. - Policy No. to be Issued: UL- 389289 - '; • BINDER • COVERING EXCESS INSURANCE with MIDLAND INSURANCE COMPANY 3345 Wilshire Blvd. ®isls>�S6secst�dasa I�th`kx�lfil4i��i'>F�ldCx}c Los Angeles, CA 90010 This binder confirms coverage for your account as follows: NAMED INSURED City of Newport Beach Et Al AND ADDRESS: 3300 Newpor3 Boulevard Newport Beach, Calif. TERM: From June 25, 1976 To June 25, 1977 COVERAGE: Umbrella Liability UNDERLYING LIMITS LIMITS OF INSURANCE HEREUNDER: CONDITIONS AND WARRANTIES: RATE AND PREMIUM (Payable upon delivery of this binder) Stock Company B. 1. & P. D. Government codes included 1,000,000 each occurrence /aggregate as applicable (See attached Endorsement) 4,000,000 excess 1,000,000 underlying insurance 10,000,000 SIR Exclude Medical Malpractice and Inverse Condemnation otherwise broad as Primary Endorsement to apply. $48,000. Flat Annual PRODUCER: Hull & Company 1450 East 17th Street Santa Ana, CA. 92711 Coverage under this binder is subject to all terms and conditions of the Contract to be issued. This binder shall be automatically terminated and voided by delivery of Contract to the Insured. MIDLAND INSURANCE COMPANY Date: June 25, 1976 h ize \ Fo,m No. UNa.97 EIVED JUN ORIGINAL _. ENDORSEMENT Effective Date June 25, 1976 The following are Underlying Limits per Binder: General Liability Bellefonte Ins. $300,000 CSL each occ /agg. BI & PD. Auto Liability Firemans Fund $300;000 CCS each occ. ABI & APD. DIC Covenant Mutual $300,000 CSL each occ /agg. Paramedic Western World 300/300,000 each occ /agg. Midland 100% of the difference between the underlying limit and total limit of $1,000,000 each occurrence;62d- $1,000,000 aggregate. Effective June 25, 1976 1 12:01 AM Standard Time, this Endorsement No. attached to and made apart of Policy No. U,7 3898941 _" of MIDLAND INSURANCE COMPANY issued to City of Newport Beach (The information above is required only when this endorsement is issued subsequent to preparation of the policy.) Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, agreements or limitations of this policy other than as above stated. FORM UND. NO. 202 (12/]4) 10M u. REPLACES UNO_ t;O. 45 ORIGINAL r- , , �- �, -,. `'w- � .� v�. �b RESOLUTION NO. 8 85 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AWARDING A CONTRACT FOR AUTOMOBILE AND COMPREHENSIVE PUBLIC LIABILITY INSURANCE COVERAGE, AND RESCINDING RESOLUTION NOS. 8524 AND 8624 WHEREAS, the Insurance Committee has held a number of meetings with the City's insurance broker for the purpose of reviewing the various proposals for renewal of the City liability insurance for fiscal year 1976/1977; and WHEREAS, the Insurance Committee has recommended the following insurance companies for liability coverage placement: A. General Liability Bellefonte Insurance Company Annual Premium $142,500 B. Broadened Liability for Cities Covenant Mutual Ins. Company Annual Premium 21,000 C. Paramedic Liability Western World Insurance Company Annual Premium 4,000 D. Automobile Liability Fireman's Fund Insurance Company Annual Premium 40,000 E. Umbrella Liability Midland Insurance Company Annual Premium 115,000 Total Annual Premium 322,500 Estimated Annual Average Claims And Expense Cost To City 30,000 Grand Total $352,000 WHEREAS, the City Council has considered the recommen- dation of the Insurance Committee and has determined that it would be in the best interest of the City to accept said recommendation; -1- • NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby accepts the recommendation of the Insurance Committee for Automobile and Comprehensive Public Liability Insurance Coverage for fiscal year 1976/1977 as set forth hereinabove; BE IT FURTHER RESOLVED that the Mayor and City Clerk are hereby authorized to execute any agreements necessary to carry out the purpose of this resolution. ADOPTED this 26th day of July , 1976. ATTEST: City Clerk Mayor DDO /bc 7/13/76