CALIFORNIA JPIA EARTHQUAKE & FLOOD COVERAGE DETAIL (Optional Coverage) Excess policies per Schedule of Insurers. A+, Strong Financial Security

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1 EARTHQUAKE & FLOOD COVERAGE DETAIL (Optional Coverage) NAMED INSURED PRIMARY POLICY REINSURED BY: California JPIA and Participating Member Agencies Lexington Insurance Company - Primary Policy Policy #B W13 Excess policies per Schedule of Insurers *A.M. BEST GUIDE RATING *STANDARD & POOR S RATING CALIFORNIA STATUS POLICY TERM LIMITS / COVERAGE A, Excellent, Financial Size Category XV July 1, 2013, 12:01AM to July 1, 2014, 12:01AM $ 150,000,000 Per Occurrence and Annual Aggregate as respects the perils of earthquake/flood for direct physical loss or damage covering real property, personal property and loss of rents $ 10,000,000 Annual Aggregate Flood Coverage on all locations not specifically insured for Earthquake/Flood applying to all Members $ 75,000,000 Building ordinance increased cost of construction or demolition included per occurrence applying only to the perils of earthquake and flood COVERED PROPERTY DEDUCTIBLE VALUATION Property declared on property schedule on file with the company and Alliant Insurance Services is covered 5% Earthquake Deductible per unit of insurance (defined as each separate building, structure, contents in each building, property in the yard and loss of rents) subject to a minimum of $100,000 per occurrence per city $ 100,000 Flood Deductible per occurrence, except $250,000 for locations in flood zones A and V. $ 500,000 Per occurrence for Flood and/or Wave Wash per Pier Replacement Cost *See last page for additional details 1

2 EARTHQUAKE & FLOOD COVERAGE DETAIL (Optional Coverage) MAJOR EXCLUSIONS (Including but not limited to) Newly acquired or constructed buildings, personal property or unnamed premises unless values declared and endorsed hereon Asbestos, pollution and contamination Mold, mildew, fungus, bacteria, virus, condensation, Wet or dry rot (excess carriers only) Flood zones A and V (excess carriers only) Theft Terrorism CLAIMS REPORTING Complete the incident reporting form on the California JPIA website, CJPIA.org and report to: Alliant Insurance Services, Inc. Attn: Robert Frey 100 Pine St., 11 th Floor San Francisco, CA Phone: Fax: BROKER Alliant Insurance Services, Inc. Newport Beach, CA Donald H. McLean, Executive Vice President Gail White, Account Executive THIS DOCUMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT AMEND, EXTEND OR ALTER THE POLICY IN ANY WAY. PLEASE REFER TO THE POLICY FORM FOR COMPLETE COVERAGE TERMS, CONDITIONS AND EXCLUSION This summary of insurance is provided as a matter of convenience and information only. 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 you. This summary does not reflect any independent study or investigation by Alliant Insurance Services, Inc. or its agents and employees. Please be advised that this summary is also expressly conditioned on there being no material change in the risk between the date of this summary and the inception date of the proposed policy (including the occurrence of any claim or notice of circumstances that may give rise to a claim under any policy which the policy being proposed is a renewal or replacement). In the event of such change of risk, the insurer may, at its sole discretion, modify, or withdraw this summary whether or not this offer has already been accepted. This summary is not confirmation of insurance and does not add to, extend, amend, change, or alter any coverage in any actual policy of insurance you may have. All existing policy terms, conditions, exclusions, and limitations apply. For specific information regarding your insurance coverage, please refer to the policy itself. 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 Alliant embraces a policy of transparency with respect to its compensation from insurance transactions. Details on our compensation policy, including the types of income that Alliant may earn on a placement, are available on our website at For a copy of our policy or for any inquiries regarding compensation issues pertaining to your account you may also contact us at: Alliant Insurance Services, Inc., Attention: General Counsel, 701 B Street, 6th Floor, San Diego, CA

3 EARTHQUAKE & FLOOD COVERAGE DETAIL (Optional Coverage) Analyzing insurers' over-all performance and financial strength is a task that requires specialized skills and in-depth technical understanding of all aspects of insurance company finances and operations. Insurance brokerages such as Alliant Insurance typically rely upon rating agencies for this type of market analysis. Both A.M. Best and Standard and Poor's have been industry leaders in this area for many decades, utilizing a combination of quantitative and qualitative analysis of the information available in formulating their ratings. A.M. Best has an extensive database of nearly 6,000 Life/Health, Property Casualty and International companies. You can visit them at For additional information regarding insurer financial strength ratings visit Standard and Poor's website at Our goal is to procure insurance for you with underwriters possessing the financial strength to perform. Alliant does not, however, guarantee the solvency of any underwriters with which insurance or reinsurance is placed and maintains no responsibility for any loss or damage arising from the financial failure or insolvency of any insurer. We encourage you to review the publicly available information collected to enable you to make an informed decision to accept or reject a particular underwriter. To learn more about companies doing business in your state, visit the Department of Insurance website for that state. Important Notice: The non-admitted & reinsurance reform act (NRRA) goes into effect on July 21, Accordingly, surplus lines tax rates and regulations are subject to change which could result in an increase or decrease of the total surplus lines taxes and/or fees owed on this placement. If a change is required, we will promptly notify you. Any additional taxes and/or fees owed must be promptly remitted to Alliant Insurance Services, Inc. 3

4 EARTHQUAKE / FLOOD COVERAGE DEFINITIONS Earth Movement: Natural faulting of land masses. Any earth movement (other than sinkhole collapse) such as earthquake; landslide; subsidence, earth sinking, rising, shifting including collapse; tsunami. Volcanic Action, Explosion or Effusion: Direct physical loss or damage resulting from the eruption of a volcano when the loss or damage is caused airborne volcanic blasé or airborne shock waves, ash, dust or particulate matter; or, lava flow. Volcanic Action Does not include the cost to remove ash, dust or particulate matter that does not cause direct physical loss or damage to the described property. Flood: General or temporary condition of partial or complete inundation of normally dry land areas caused by the unusual and rapid accumulation or runoff of surface waters; waves; tides; tidal waves, overflow of any body of water; and their spray all whether driven by wind or not, mud slide, or mud flow. THE DEFINITIONS AND DESCRIPTIONS ARE ABBREVIATED AND ARE TO BE USED ONLY AS A QUICK REFERENCE OF COVERAGE. 1

5 EARTHQUAKE & FLOOD COVERAGE MEMBER ROSTER Artesia Bell Gardens Bellflower Belvedere Big Bear Lake Bishop Brawley Buellton Calexico California JPIA Camarillo Carpinteria Chino Hills Claremont Commerce Dana Point Desert Recreation District Duarte Fillmore Hawaiian Gardens Hidden Hills Indian Wells Irwindale La Mirada La Palma La Verne Laguna Woods Lake Forest Lakewood Lawndale Los Alamitos Malibu Mammoth Lakes Mission Viejo Moorpark Morro Bay Mountain Area Regional Transit Authority Needles Norwalk Ojai Pico Rivera Port Hueneme Rancho Palos Verdes Rolling Hills Estates San Clemente San Dimas San Juan Capistrano San Marcos Santa Fe Springs Seal Beach Seaside Sierra Madre Signal Hill South El Monte Southeast Area Animal Control Authority Temple City Villa Park West Hollywood 1

6 EARTHQUAKE & FLOOD COVERAGE SCHEDULE OF INSURERS EARTHQUAKE & FLOOD (INCLUDING EARTHQUAKE SPRINKLER LEAKAGE) COVERAGE PROVIDED ON STRUCTURES, CONTENTS & VEHICLES Limit: $150,000,000 Per Occurrence REINSURED BY AIG EUROPE LTD. LEXINGTON INSURANCE COMPANY $25,000,000 POLICY #B W13 A, Strong Financial Security A, Excellent, Financial Size Category 15; FLOOD FOR NON-EARTHQUAKE LOCATIONS Sub-limit: $10,000,000 Annual Aggregate EXCESS EARTHQUAKE, EARTHQUAKE SPRINKLER LEAKAGE AND FLOOD Limit: $50,000,000 Excess of $25,000,000 LLOYDS OF LONDON $8,750,000 LLOYDS OF LONDON $8,750,000 ARCH SPECIALTY $2,500,000 POLICY # B W13 POLICY # B W13 POLICY #ESP A+ Strong Financial Security A+, Superior, Financial Size Category 11; $250,000,000 to $500,000,000 IRONSHORE POLICY # $2,500,000 Not Rated A-, Excellent, Financial Size Category 13; $1,250,000,000 to $1,500,000,000 ARROWHEAD-EMPIRE INDEMNITY $20,000,000 POLICY #XPP AA-, Very Strong Financial Security A+, Superior; Financial Size Category 15; Page 1 of 3

7 HISCOX (LLOYDS) $2,500,000 CALIFORNIA JPIA EARTHQUAKE & FLOOD COVERAGE SCHEDULE OF INSURERS POLICY #URS WESTPORT INSURANCE CORPORATION POLICY # $5,000,000 Admitted AA-, Very Strong Financial Security A+, Excellent, Financial Size Category 15; EXCESS EARTHQUAKE AND FLOOD, EXCLUDING EQ SPRINKLER LEAKAGE Limit: $25,000,000 Excess of $75,000,000 ARROWHEAD EMPIRE INDEMNITY $5,000,000 POLICY #BPP AA-, Very Strong Financial Security A+, Superior; Financial Size Category 15; ARROWHEAD-EVEREST INDEMNITY POLICY # $10,000,000 A-, Strong Financial Security A+, Superior, Financial Size Category 15; ARROWHEAD-HERMITAGE $10,000,000 POLICY #07DIC Not Rated A+, Superior, Financial Size Category 15; EXCESS EARTHQUAKE & FLOOD, EXCLUDING EQ SPRINKLER LEAKAGE Limit: $50,000,000 Excess $100,000,000 ARROWHEAD-EMPIRE INDEMNITY $5,000,000 ARROWHEAD-QBE SPECIALTY $40,000,000 POLICY #BPP AA-, Very Strong Financial Security A+, Superior; Financial Size Category 15; POLICY #ESE Page 2 of 3

8 EARTHQUAKE & FLOOD COVERAGE SCHEDULE OF INSURERS ARROWHEAD-HUDSON SPECIALTY $5,000,000 POLICY #314954HS1 A-, Strong Financial Security This summary of insurance is provided as a matter of convenience and information only. 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 you. This summary does not reflect any independent study or investigation by Alliant Insurance Services, Inc. or its agents and employees. Please be advised that this summary is also expressly conditioned on there being no material change in the risk between the date of this summary and the inception date of the proposed policy (including the occurrence of any claim or notice of circumstances that may give rise to a claim under any policy which the policy being proposed is a renewal or replacement). In the event of such change of risk, the insurer may, at its sole discretion, modify, or withdraw this summary whether or not this offer has already been accepted. This summary is not confirmation of insurance and does not add to, extend, amend, change, or alter any coverage in any actual policy of insurance you may have. All existing policy terms, conditions, exclusions, and limitations apply. For specific information regarding your insurance coverage, please refer to the policy itself. 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 Alliant embraces a policy of transparency with respect to its compensation from insurance transactions. Details on our compensation policy, including the types of income that Alliant may earn on a placement, are available on our website at For a copy of our policy or for any inquiries regarding compensation issues pertaining to your account you may also contact us at: Alliant Insurance Services, Inc., Attention: General Counsel, 701 B Street, 6th Floor, San Diego, CA Analyzing insurers' over-all performance and financial strength is a task that requires specialized skills and in-depth technical understanding of all aspects of insurance company finances and operations. Insurance brokerages such as Alliant Insurance typically rely upon rating agencies for this type of market analysis. Both A.M. Best and Standard and Poor's have been industry leaders in this area for many decades, utilizing a combination of quantitative and qualitative analysis of the information available in formulating their ratings. A.M. Best has an extensive database of nearly 6,000 Life/Health, Property Casualty and International companies. You can visit them at For additional information regarding insurer financial strength ratings visit Standard and Poor's website at Our goal is to procure insurance for you with underwriters possessing the financial strength to perform. Alliant does not, however, guarantee the solvency of any underwriters with which insurance or reinsurance is placed and maintains no responsibility for any loss or damage arising from the financial failure or insolvency of any insurer. We encourage you to review the publicly available information collected to enable you to make an informed decision to accept or reject a particular underwriter. To learn more about companies doing business in your state, visit the Department of Insurance website for that state. Important Notice: The non-admitted & reinsurance reform act (NRRA) goes into effect on July 21, Accordingly, surplus lines tax rates and regulations are subject to change which could result in an increase or decrease of the total surplus lines taxes and/or fees owed on this placement. If a change is required, we will promptly notify you. Any additional taxes and/or fees owed must be promptly remitted to Alliant Insurance Services, Inc. Page 3 of 3