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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. � o 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 Hello