Southern California Schools Risk Management Coverage Summary

Transcription

1 Covered Participant Riverside Community College District Coverage Period 12:01 a.m., July 1, 2013 to 12:01 a.m., July 1, 2014 Effective Date July 1, 2013 THIS SUMMARY OF INSURANCE IS PROVIDED AS A MATTER OF CONVENIENCE AND INFORMATION ONLY AND ONLY APPLIES TO THE POLICIES THE MEMBER PURCHASES FROM SCSRM. ALL INFORMATION INCLUDED IN THIS SUMMARY, INCLUDING BUT NOT LIMITED TO PERSONAL AND REAL PROPERTY VALUES, LOCATIONS, OPERATIONS, PRODUCTS DATA, AUTOMOBILE SCHEDULES, FINANCIAL DATA AND LOSS EXPERIENCE, IS BASED ON FACTS AND REPRESENTATIONS SUPPLIED TO ALLIANT INSURANCE SERVICES., INC. BY SCSRM JPA. THIS SUMMARY DOES NOT REFLECT ANY INDEPENDENT STUDY OR INVESTIGATION BY ALLIANT INSURANCE, INC., A.J.GALLAGHER, OR ITS AGENTS AND EMPLOYEES. THIS SUMMARY IS NOT CONFIRMATION OF INSURANCE AND DOES NOT ADD TO, EXTEND, AMEND, CHANGE OR ALTER ANY COVERAGE IN ANY ACTUAL MEMORANDUUM OF COVERAGE YOU MAY HAVE. ALL POLICY (MOC) TERMS, CONDITIONS, EXCLUSIONS AND LIMITATIONS APPLY. FOR SPECIFIC INFORMATION REGARDING YOUR INSURANCE COVERAGE, PLEASE REFER TO THE MEMORANDUM OF COVERAGE ITSELF. SCSRM JPA NOR ALLIANT INSURANCE SERVICES, INC. WILL NOT BE LIABLE FOR ANY CLAIMS ARISING FROM OR RELATED TO INFORMATION INCLUDED IN OR OMITTED FROM THIS SUMMARY OF INSURANCE. TO THE EXTENT THERE EXISTS ANY DISCREPANCY BETWEEN THIS DOCUMENT AND THE CERTIFICATE OF INSURANCE AND REINSURANCE POLICY REFERRED TO HEREIN, THE CERTIFICATE OR POLICY SHALL CONTROL. Dr. Karla M. Rhay, Chief Administrative Officer Southern California Schools Risk Management 1

2 CRIME PROGRAM Schedule of Insurer s & Reinsurer s Chartis Limits of Coverage $2,000,000 Member Deductible $5,000 2

3 LIABILITY PROGRAM Named Insured Southern California Schools Risk Management (SCSRM) Member Riverside Community College District Schedule of Insurer s & Reinsurer s Primary Excess Limits $500,000 - Southern California Schools Risk Management & Members Limits: $4,500,000, Excess of $500,000 Genesis Limits: $21,500,000, Excess of $4,500,000 Schools Excess Liability Fund (SELF). (SCSRM collects premiums from Members for payment to SELF) $5,000,000 Employment Claims Ultimate Net Loss Each Occurrence, including defense costs - Injunctive Relief (Defense fees and costs ONLY) Each Claim Coverage Subject to the Member s Deductible and Limits of Liability, SCSRM agrees to pay, on behalf of the Covered Party, those sums for Ultimate Net Loss which the Covered Party shall become obligated to pay as Damages, by reason of liability imposed by law, because of Bodily Injury and Property Damage, to which this MOC applies, caused by an Occurrence (as defined in the Liability Memorandum of Coverage [MOC], Section 2.30.A) and because of Errors and Omissions and Employment Claims, to which this MOC applies, caused by an Occurrence (as defined in the Liability MOC, Section 2.30.B). It is hereby understood and agreed that coverage is provided for injunctive relief claims to the limit as stated on the Declarations page for the Covered Party s defense fees and costs only. Member Self Insured Retention $250,000 Net Loss Each Occurrence $250,000 Employment Claims Ultimate Net Loss Each Occurrence 3

4 PROPERTY PROGRAM ALL RISK Named Insured Southern California Schools Risk Management (SCSRM) Member Riverside Community College District Schedule of Insurer s & Reinsurer s Primary Excess Southern California Schools Risk Management (SCSRM) & Members CSAC EIA Reinsured with Lexington Insurance Co., Coverage All Risk including Boiler and Machinery and Flood as per CSAC EIA Memorandum of Coverage - subject to Memorandum exclusions and limitations, and as defined in the CSAC-EIA Property Memorandum of Coverage. Interest/Coverage includes but is not limited to: Real Property Personal Property Business Interruption, Rental Income including Revenue Bond Payments, as scheduled Boiler Explosion and Machinery Breakdown as scheduled Course of Construction Licensed Vehicles per schedule on file with SCSRM Flood Coverage Electronic Equipment Coverage (EDP) for participating members Member Self Insured Retention $100,000 The following is understood to apply per occurrence (for 100%) unless otherwise stated: Flood Cyber Liability $25,000 or 2% of total values per unit (Zones A & V), whichever is greater $1,000,000 per member aggregate 4

5 Program Limits of Liability All Risk Flood $600,000,000 per occurrence $20,000,000 per occurrence and aggregate limit for all members of SCSRM Terrorism Boiler & Machinery $200,000,000 each and every occurrence and in the annual aggregate shared by all members of CSAC-EIA $100,000,000 per accident Cyber Liability Pollution $2,000,000 per member/ $20,000,000 aggregate $10,000,000 per member/ $50,000,000 aggregate Major Exclusions This general list of exclusions provided below is intended to describe and summarize certain exclusions included in the Memorandum. It is not intended to identify each and every exclusion, limitation, or restriction on coverage. The exclusions listed herein may materially modify, reduce, or eliminate the coverage provided by the Memorandum of Coverage. To the extent there exists any discrepancy between this document and the Memorandum of Coverage, the Memorandum shall control. We recommend that you carefully review the Memorandum of Coverage for a complete list of applicable exclusions. Exclusions include: Earthquake Aircraft, Watercraft, and Rolling Stock Standing Timber, Growing Crops and Animals (except specially trained animals) Dams, Piers, Wharves, Docks, Underground Pipes, Outfalls, Tunnels, Bridges, Catwalks, Roadways, Highways, Streets, Sidewalks, Culverts, Street Lights and Traffic Signals, etc., unless scheduled Land and Land values (and water excess of primary limit) Property in due course of Ocean Marine Transit Shipment by mail after delivery into the custody of the Post Office Department Course of Construction (non-incidental excess of $100,000,000 project value) Power Transmission and Feeder Lines more than 1000 feet from insured s premises Railroad Property except while in Course of Construction Pollution, Contamination or Seepage (except Accidental Contamination) Electronic Date Recognition Asbestos excess of the primary limit 5

6 VOLUNTARY PROGRAMS AUTO PHYSICAL DAMAGE PROGRAM Actual Cash Value Deductible $1,000 EDP PROGRAM Self-Insured Excess Limits Deductible OCIP PROGRAM Deductible SUPPLEMENTAL STUDENT MEDICAL PAYMENT PROGRAM Deductible 6

7 WORKERS COMPENSATION PROGRAM Coverage Period July 1, 2013 to July 1, 2014 Limits of Coverage Employer s Liability Member Self Insured Retention Definition of Covered Party Excess: Statutory $2,000,000 $500,000 Employees, volunteers (subject to board resolution), and board members 7