HomeMy WebLinkAbout000128.tiff CERTIFICATE OF PARTICIPATION
Colorado Counties Casualty and Property Pool (CAPP)
For the Coverage Period July 1 , 1992 Through June 30, 1993
Issued to Weld County
REVISED - JANUARY 1 , 1993
CAPP hereby certifies that Weld County is a participating member of CAPP for the period
beginning July 1, 1992 through June 30, 1993. The coverages, conditions of membership,
and other provisions applicable to members of CAPP are as described in CAPP's Bylaws and
Intergovernmental Agreement and in the applicable excess policies and endorsements
thereto, copies of which have been or will be provided to Weld County.
The types and monetary limits of the coverages provided to Weld County through
membership in CAPP, in consideration of the payment of its contributions, are limited, as of
the date of this certificate, to those which are shown below. The scope, terms, conditions,
and limitations of coverages are governed by the aforementioned agreement and policies.
The types of coverages, subject to the limit on CAPP's liability in Section II below, are
as follows:
A. Property (including EDP, mobile equipment, and auto physical damage).
B. Liability:
1. General Liability (Bodily injury/Property damage).
2. Auto Liability:
a. Bodily Injury/Property Damage.
b. Personal Injury Protection.
3. Errors and Omissions.
4. Excess Liability (Federal and out-of-state only).
C. Crime:
1. Monies and Securities (inside).
2. Monies and Securities (outside).
3. Employee Fidelity.
D. Boiler and Machinery.
II. CAPP Retention, Aggregate Limits, and Member Deductibles.
For the coverages described in Section I, CAPP shall be liable only for payment of the self-
insured retentions and only to a total annual aggregate amount for members of CAPP as a
whole of the amount of the CAPP loss fund for the coverage period. There is no aggregate
excess coverage over said loss fund. CAPP's per claim/occurrence retentions are limited to
This Certificate Supersedes the Previous Certificate issued to the County and Dated July 1, 1992.
128
the following for the foregoing coverages:
A. $150,000 per claim/occurrence property.
B. $250,000 per claim/occurrence liability.
C. $150,000 per claim/occurrence crime.
D. $ 5,000 per loss boiler and machinery.
In addition, there is a maintenance deductible of $500.00 which applies to each of the
County's first party claims/occurrences/losses. Payment of the deductible reduces the
amount otherwise payable under the applicable CAPP retention.
Coverages in excess of the foregoing retentions are provided only by the excess insurers in
applicable excess policies, and are payable only by those excess insurers. The limits of
coverage provided by the excess insurers are as follows:
A. Liability: from $250,000 per claim/occurrence/retention to $1 million per
claim/occurrence, subject to the following:
All liability coverages are provided on a claims-made coverage form. In no
event shall the maximum per claim/occurrence payment exceed the following
for general liability, auto liability, or errors and omissions liability claims subject
to the Governmental Immunity Act: $150,000 per person and $400,000 per
occurrence for injuries occurring prior to January 1, 1993, and $150,000 per
person and $600,000 per occurrence for injuries occurring on or after January
1, 1993. Excess errors and omissions coverage is subject to a $750,000
annual aggregate limit for the Pool as a whole. Additional limits, sublimits, and
aggregates apply as provided in the applicable excess policies.
B. Crime: none.
C. Boiler and Machinery: from $5,000 to the cost of repair/replacement for each
actual loss sustained.
D. Property: from $150,000 to $50,000,000 each occurrence
"All Risk" basis with sublimits of $1,000,000 newly acquired property and
$1,000,000 new construction each occurrence. $500,000 unscheduled
locations. Newly acquired property must be reported within 60 days.
The excess insurer(s) for the coverage period are:
National Union Fire
St. Paul Fire and Marine
The Travelers Co.
Information concerning the CAPP loss fund for the coverage period may be obtained by
contacting CAPP.
COLORADO OUNTIES CASUALTY AND
P OPERTY POOL
By: Lz%�z Z-
.
Warren G1-111 Sl Manager
Date: January 1, 1993
This Certificate Supersedes the Previous Certificate Issued to the County and Dated July 1, 1992.
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County Technical Services, Inc.
J
December 30, 1992
TO: Designated Correspondents
FROM: Warren Behm, CTSI Manager
RE: CAPP Certificate of Participation
Enclosed are revised Certificates of Participation. Effective January 1, 1993, the statutory liability
limits have been increased from $150,000 per person and $400,000 per occurrence to $150,000
per person and $600,000 per occurrence. This Certificate supersedes the previous certificate
issued to the County July 1, 1992.
Please contact me or Loueila if you have any questions concerning this matter.
Ac
1177 Grant Street, Suite 200 • Denver, Colorado 80203 • (303) 861-0507 • Fax (303) 861-2832
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