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Home My WebLink About000327.tiff 'CTS SCfI'NC CAlIXaEOtE C0104Cf Colorado Counties Casualty and Property Pool 2024 Excess Property Policy Layered Policy- Various Carriers Westchester Surplus Lines Ins . Co . ( Lead Carrier) Policy No . D38495432003 Summaries are brief outlines of the coverages afforded under the insurance policies . Since summaries are for informational purposes only, they should not be construed to constitute the entire insurance contracts . As the policies may contain additional coverages and restrictions, the exact wording should be consulted. Brief Summary of Property Deductibles This information is provided to present counties with a simple overview of county deductibles in the pool. It does not provide information on limits. The pool insuring agreements contain actual coverages and limits. The county has a $500 deductible for property claims. The pool pays up to $ 150 , 000 of each claim The pool pays up to $250 , 000 of each wind/hail property claim CAPP's excess insurance carriers pay up to $ 100 million per property claim unless otherwise stated in the CAPP Insuring Agreements. Gallagher Colorado Counties Casualty and Property Pool •e Q E 360 Named Insured Schedule (applies to all policies ) Colorado Counties Casualty and Property Pool including the following members : • Alamosa • Gilpin • Ouray • Archuleta • Grand • Park • Baca • Gunnison • Phillips • Bent • Hinsdale • Prowers • Chaffee • Huerfano rfano • Pueblo • Cheyenne • Jackson • Rio Blanco • Clear Creek • Kiowa • Rio Grande • Conejos • Kit Carson • Routt • Costilla a • Lake • Saguache • Crowley • La Plata • San Juan • Custer • Las Animas • San Miguel • Delta • Lincoln • Sedgwick • Dolores • Logan • Summit • Eagle • Mineral • Teller • Elbert • Moffat • Washington • Fremont • Montrose • Weld • Garfield • Morgan • Yuma • Otero 2 ©2020 Arthur J. Gallagher & Co. All rights reserved. Gallagher Gallagher Colorado Counties Casualty and Property Pool •* CORE 360 Excess Property $ 1O Primary Limit Quota Share Policy Period: January 1 , 2020 to January 1 , 2021 Attachment Clause : Following is the Participation Clause for the Primary $ 10 , 000 , 000 Limit Layer: The collective Liability of each Carrier shall not exceed the Limit of Liability or any appropriate Sublimit of Liability or any Annual Aggregate limit. The limit of liability or amount of insurance shown on the face of the policy or endorsed onto the policy, is the total limit of the Carrier's liability applicable to each occurrence , as defined in the policy. Notwithstanding any other terms and conditions of the policy to the contrary, in not event shall the liability of the Company exceed this limit or any amount irrespective of the number of locations involved . Carrier Limit % Participation Westchester Surplus Lines Ins. Co . (Lead Carrier) $2, 000, 000 - Primary 20% Primary UWs at Lloyds — Various Syndicates $5 , 500, 000 — Primary 55% Primary Colony Specialty Insurance Company $1 ,500, 000 - Primary 15% Primary Allied World $ 1 , 000,000 - Primary 10% Primary Named Insured : Colorado Counties Casualty and Property Pool , any official , trustee or employee of the Named Insured while acting within the scope of his duties as such , and any person, organization , trustee or estate to whom the Named Insured is obligated by virtue of written contract or agreement to provide insurance such as is offered by this Insurance , but only in respect to operations by or on behalf of the Named Insured Covered Property: Real Property, Personal Property, Vehicles and Mobile Equipment Covered Locations : Refer to Statement of Values on File with Company dated July 8, 2019 Limits shown below are within the Primary $10,000,000 Layer Amounts Coverages Total Primary $1 OM $ 10, 000 ,000 Per occurrence subject to following sub-limits Policy Limit: Sublimits 1 $ 10 , 000, 000 In the Aggregate for any one policy year of Earthquake $ 5 , 000, 000 In the Aggregate for any one policy year for Flood loss in Zones A, AO , AE , AH , A1 -30 , A99 , AR $ 10 , 000, 000 In the Aggregate for any one policy year for all Other Flood Combined $ 10 , 000, 000 Newly Acquired Property any one Occurrence - 90 days ; coverage cases if the Newly Acquired Property is not reported within 90 days for the date of acquisition Carrier(s) have agreed with locations with values over $5 , 000 , 000 the carrier(s) may charge an additional premium . Any locations with value under $5 , 000, 000 still need to be reported to the carrier; however, an additional premium will not be charged . CAPP is to include these locations in the Statement of Values (SOV) $ 5 , 000, 000 Builders' Risk, renovations, repairs made by the Insured at any location (including new locations with total contract cost under $5 , 000 , 000) within the territorial limits of the policy, any one occurrence Sublimits are part of and not in addition to the Policy Limit of Liability. These Sublimits do not increase the Policy Limit of `- any other Sublimit. All Sublimits are Per Occurrence unless otherwise indicated. ©2020 Arthur J. Gallagher & Co. All rights reserved. Gallagher Gallagher Colorado Counties Casualty and Property Pool •e Q E 360 Excess Property $ 10M Primary Limit ( Continued Quota Share Amounts Coverages Sublimits $ 1 ,000,000 Builder's Risk Soft Costs/Additional Expenses except $50 , 000 (Continued): Unscheduled Location $ 500 , 000 Business Income (applies to all members) with 90 Day Ordinary Payroll Limitation ; 180 Days Extended Period of Indemnity $ 50 , 000 Personal Property of Others while on the Insured's property $ 2 , 500 , 000 Unnamed Location , Any One Occurrence $ 1 , 000 , 000 Errors and Omissions (as defined in the Policy) $ 10 , 000 , 000 Mobile/Contractors Equipment subject to maximum of $ 1 , 500 , 000 Per Item $ 5 , 000 , 000 Fine Arts subject to a maximum $500, 000 per item $ 250 , 000 Furs , Jewelry, Precious Stones and Metals $ 10 , 000 , 000 Service Interruption (5-mile Limitation) $ 1 , 000 , 000 Fire Fighting Materials (Fire Brigade and Extinguishing Expenses) $ 10 , 000 , 000 Ordinance or Law $ 10 , 000 , 000 Extra Expense No monthly limitation based on period of restoration as defined in the policy $ 1 , 000 , 000 Property In Transit $ 1 , 000 , 000 Vehicle Physical Damage — Over the Road $ 250 , 000 Civil Authority — 4 weeks maximum $ 250 , 000 Ingress/Egress — 4 weeks maximum $ 100 ,000 Loss Adjustment Expense $ 250, 000 Accounts Receivable $ 1 , 000 ,000 Expediting Expense $ 25 , 000 In the Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured , subject to $ 1 , 500 ,000 Annual Aggregate $ 25 , 000 Limited Mold/Fungi/Wet & Dry Rot — terms per Carrier Endorsement $ 100, 000 Loss Adjustment Expenses/Professional Services $ 100 , 000 Personal Property of Employees $ 100 , 000 Trees and Shrubs Deductibles & Amounts Coverages Waiting Periods : Each claim for loss or damage separately occurring shall be adjusted separately and from each adjusted claim , the amounts noted below shall be deductibles as noted below If two or more deductible amounts provided in this policy apply to a single Occurrence , the total to be deducted shall not exceed the largest deductible applicable unless otherwise stated in the Policy $ 150 , 000 Per Occurrence except $ 150 , 000 Per Occurrence - Earthquake 2% Per Buildings/Structure As respects locations wholly or partially within a Flood Zone A area of the sum of all values (as defined by FEMA) listed in the SOV SOV on file with the Company for each separately identifiable building or structure that has sustained a loss or damage ; subject to minimum deductible of $ 1 , 000 , 000 Per Occurrence 2% Per Building/Structure Wind/Hail : SOV on file with the Company for each separately of the sum of all values identifiable building or structure that has sustained a loss or damage; listed in the SOV subject to a minimum deductible of $250,000 Per Occurrence 24 hour Service Interruption & 5 mile distance limitation 180 Days Expended Period of Indemnity (Business Interruption) 5 ©2020 Arthur J. Gallagher & Co. All rights reserved. €-i Gallagher to Gallagher Colorado Counties Casualty and Property Pool IV CORE 360 Excess Property $ IOM Primary Limit ( Continued Quota Share Coinsurance: • None Valuations : • Real & Personal Property at Replacement Cost and/or Per Policy Form • Vehicle Damage and Mobile Equipment Damage - Actual Cash Value • Time Element at Actual Loss Sustained Terms/Conditions : • Attachment Clause • Definition of Loss Occurrence Endorsement • Definition of Occurrence for Flood and Earthquake amended to 168 hours • Pollution , Contamination and Debris Removal Exclusion Endorsement • The War Risk and Terrorist Exclusion (if coverage is rejected) • General Amendatory Endorsement-Westchester Form MS211964 (1 /18) • Notice of Cancellation is 90 days except 10 days for non-payment of premium • Permission for Excess • Joint Loss Agreement • Electronic Data Amendment Endorsement — Named Peril Exception • OFAC Endorsement • Service of Suit Endorsement • Trade or Economic Sanctions Endorsement • Signature Endorsement • Policyholder Notification-Newly Acquired or Constructed Property — new location(s) added to the policy may be subjected to separate rating and/or premium charge and/or may require a higher deductible Policy Territory: • Property located within the 50 United States and the District of Columbia Exclusions Include but are • Crime, Employee Dishonesty not Limited to: • Pollution , Mold or Fungus (except where specifically provided in the policy or by specific endorsement) • Nuclear • Inventory shortage, mysterious disappearances • Service Interruption excludes Transmission/Distribution Lines • Fungus , Wet Rot, Dry Rote and Bacteria Exclusion • Nuclear, Biological , Chemical, Radiological (NCBR) • Asbestos Material Exclusion (Named Period Exception) Minimum Earned Premium: • 35% Membership Reconciliation CAPP shall provide a Membership Reconciliation Report (schedule of locations and values) by Requirement 3/ 1 /2019 . This is to incorporate any changes from the SOV provided 10/3/2018 to 3/112010 including new buildings , new locations and/or deletion of buildings and/or locations. The carriers will reconcile the premium based on the revised SOV times the property rate/$ 100 of TIV and an additional premium or return premium will apply . Claims Reporting PROPERTY Instructions : CTSI as Claims Administrator for CAPP is to report claims when claim reaches 50% of the Deductible or if a serious catastrophic claim such as fire, wind/hail flood , earthquake, etc. Notes CM is not to settle any loss without obtaining approval from the Carriers within this layer Claims are to be reported to: Copies of any claims are also to be sent to: RPS CLAIMS REPORTING Arthur J. Gallagher Risk Management Services, Inc. Website: https://my, rpsins. com/claimsfnol Aft: Kendall Trump , Vice President Claims Toll Free: 844-777-8323 6300 S. Syracuse Way, Ste 700 Centennial , CO 80111 Claims e-mail: scclaims a .q . com Voice Mail: 303-889-2570 Claims Fax Number: 303-773-9776 6 Gallagher ©2020 Arthur J. Gallagher & Co. All rights reserved. Gallagher Colorado Counties Casualty and Property Pool ** CORE 360 1 st Excess Property $ xs Quota Share Excess Follow Form Coverage : 1st Excess Property $15M xs 10M Quota Share Policy Period : January 1 , 2020 to January 1 , 2021 Policy Form : Excess Physical Damage Form Carrier Limit % Participation Evanston Insurance Company (Markel ) $4, 750, 000 part of $ 15, 000, 000 Excess of $ 10 , 000 , 000 32% Colony Specialty $2 , 00, 000 part of $ 15, 000 , 000 Excess of $ 10 , 000, 000 13% UWs at Lloyds (Various Syndicates) $5 ,250 , 000 part of $ 15, 000 , 000 Excess of $ 10 , 000, 000 35% Westchester Surplus Lines Insurance Co . $3,000 , 000 part of $ 15,000 , 000 Excess of $ 10 , 000, 000 20% Insuring Clause Subject to the limitations , terms and conditions contained in this Policy or added hereto , the Insurer(s) agree to indemnify the Insured Named in the Policy in respect of Direct Physical loss or damage to the property described below while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any such perils as are set forth below and which are also covered by and defined in the Palicylies specified in the Schedule and issued by the "Primary Insurer(s)" stated therein . Perils/Property Policy will follow form the Colorado Counties Casualty and Property Pool Policy issued by the Primary Covered Carriers for the $ 10 , 000 , 000 Primary limit. Coverage will not exceed specific sublirnits outlined in the Primary Policy Form Perils Risks of Direct Physical Loss or Damage Including Flood and Earthquake Property Covered Real Property, Personal Property, Vehicle Physical Damage , and Mobile Equipment Amount Coverage Limits $ 15 , 000, 000 Policy Loss Limit: Per Occurrence Excess of Primary $ 10 , 000 , 000 Per Occurrence Limit $ 15 , 000 , 000 Newly Acquired Locations/90 days ; coverage cases if the Newly Acquired Property is not reported within 90 days for the date of acquisition : Per Occurrence Excess of Primary $ 10 , 000, 000 Per Occurrence Limit $ 15 ,000 , 000 Flood (excluding Flood Zone A) : Per Occurrence and Annual Aggregate Excess of Primary $ 10 , 000 , 000 Per Occurrence Limit and Annual Aggregate $ 15 , 000 , 000 Earthquake: Per Occurrence Excess and Annual Aggregate Excess of Primary $ 10, 000 , 000 Per Occurrence Limit and Annual Aggregate Amount Coverage Deductibles : $ 150,000 Per Occurrence except as follows: Wind/Hail : 2% Per Building/Structure of the sum of all values listed in the SOV on file with the Company for each separately identifiable building or structure that has sustained a loss or damage ; subject to a minimum deductible of $250,000 Per Occurrence Same as above (as Newly Acquired Locations/90 days noted) $ 150 , 000 Flood (excluding Flood Zone A) : Per Occurrence $ 150 , 000 Earthquake: Per Occurrence Terms/Conditions: • Application of Underlying Provision Clause: Applies • Maintenance of Primary and Underlying Excess Policy(ies) and Limits : Applies • Coinsurance : NIL • Minimum Earned Premium : 35% • Cancellation : 90 Days except 10 Days for Non-Payment of Premium • Notice of Loss : The Insured upon knowledge of any occurrence likely to give rise to a Claim hereunder shall give immediate written advise thereof to the Company(ies) noted in the Claim Reporting Section . ©2020 Arthur J. Gallagher & Co. All rights reserved. Gre) Gallagher es s Gallagher Colorado Counties Casualty and Property Pool iv CORE 360 1st Excess Property $ xs $ IOM Quota Share Excess Follow Form ( Continued ) Terms/Conditions • Priority of Payment Clause : Notwithstanding anything contained herein to the contrary it is ( Continued) : hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril, it shall be at the sole option of the Assured to apportion recovery under this policy when submitting final proof of loss, subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers, it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers, shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s). Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself. • Permission for Excess Insurance Clause : Permission is granted to purchase insurance in excess of the amount Limit of Liability stated in this policy. Such excess insurance shall not • - considered other insurance for the purposes of the "Other Insurance" clause . • Uncollectibility of Other Insurance Clause: Notwithstanding any of the terms of the Policy that might be construed otherwise, the insurance provided by the Policy shall always be excess over the maximum monetary limits set forth in Declaration and/or Schedules (reduced only by reduction of any underlying aggregate limits as provided in the policy regardless of the uncollectibility (in whole or in part) of any underlying insured amounts for any reason, including , but no limited to, the financial impairment or insolvency of an underlying Insurer(s). The risk of uncollectibility (in whole or in part) of other insurance, whether because of financial impairment or insolvency of an underlying or other insurer(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Company(ies). • Occurrence Limit of Liability Clause : The Limit of Liability or Amount of Insurance shown on the face of the policy, or endorsed onto this policy, is the total of the Insurer(s) liability applicable to each occurrence , as defined. Notwithstanding any other terms and conditions of the policy to the contrary, in no event shall the liability of the Insurer(s) exceed this limit or amount irrespective of the number of locations involved . The term "Occurrence" shall mean any one loss, disaster, casualty or series of losses, disasters, or casualties , arising out of one event. When the term applies to loss or series of losses from the perils of tornado, cyclone , hurricane, windstorm , hail, volcanic eruption , riot, riot attending a strike, civil commotion, and vandalism and malicious mischief, one event shall be considered to be all losses arising during a continuous period of 72 hours . When filing proof of loss, the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs . For Flood and Earthquake, the term "Occurrence" shall mean any one loss, disaster, arising out of one event arising during a continuous period of 168 hours . When filing proof of loss, the Insured may elect the moment at which the 168 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs. The premium for the policy is based upon the Statement of Values on file with the Insurer(s) . In the event of loss , liability of the Insurer(s ), subject to terms of paragraph one (1 ) above, shall be limited to the least of the following: a. The actual adjusted amount of loss, less applicable deductible(s). b. The Limit of Liability or Amount of Insurance shown on the face of this policy or endorsed onto this policy. • Other Provisions: Service of Suit Clause Valuation Clause : • Real and Personal Property: Replacement Cost • Vehicle Physical Damage: Actual Cash Value • Mobile (Contractors Equipment): Actual Cash Value Exclusions including • Follow form the Primary Policy Exclusions but not limit to : • War 8 ©2020 Arthur J. Gallagher & Co. All rights reserved. Cr) Gallagher Gallagher Colorado Counties Casualty and Property Pool ** CORE 360 1 st Excess Property $ xs $ IOM Quota Share Excess Follow Form ( Continued ) Claims Reporting PROPERTY Instructions : CTSI as Claims Administrator for CAPP is to report claims when claim reaches 50% of the Deductible or if a serious catastrophic claim such as fire, wind/hail flood, earthquake, etc . Note, CTSI is not to settle any loss without obtaining approval from the Carriers within this layer Claims are to be reported to : RPS CLAIMS REPORTING Website : https://my. rpsins .comlclaimsfnol Toll Free : 844-777-8323 Copies of any claims are also to be sent to : Arthur J . Gallagher Risk Management Services, Inc. Att: Kendall Trump , Vice President Claims 6300 S. Syracuse Way, Ste 700 Centennial , CO 80111 Claims e-mail : scclaims r, ,a.q. com Voice Mail : 303-889-2570 Claims Fax Number: 303-773-9776 9 ©2020 Arthur J. Gallagher & Co. All rights reserved. i(:\ _ Gallagher O. Gallagher Colorado Counties Casualty and Property Pool CORE 360 2nd Excess Property $ $ 25 Excess Follow Form Policy Period : January 1 , 2020 to January 1 , 2021 Policy Form : Excess Physical Damage Form Carrier imi % Participation Homeland Insurance Company of New York $75 , 000 , 000 Excess of $25 , 000,000 (Primary and 1st 100% Excess) Insuring Clause Subject to the limitations, terms and conditions contained in this Policy or added hereto, the Insurer(s) agree to indemnify the Insured Named in the Policy in respect of Direct Physical loss or damage to the property described below while located or contained as described in the Schedule, occurring during the period stated in the Schedule and caused by any such perils as are set forth below and which are also covered by and defined in the Policy/ies specified in the Schedule and issued by the "Primary Insurer(s)" stated therein. Perils/Property Covered • Policy will follow form the Colorado Counties Casualty and Property Pool Policy issued by the Primary Carriers for the $10,000, 000 Primary limit, Coverage will not exceed specific sublimits outlined in the Primary Policy Form a Perils: Risks of Direct Physical Loss or Damage Including Flood and Earthquake a Property Covered : Real Property, Personal Property, Vehicle Physical Damage , and Mobile Equipment Limits: Amounts Coverages 75 , 000 , 000 Policy Loss Limit Per Occurrence Excess of $25,000,000 Per Occurrence $ 255000,000 Flood (excluding Flood Zone A) $25 , 000,000 Per Occurrence and Annual Aggregate Excess of $25 , 000 ,000 Per Occurrence and Annual Aggregate 25,000,000 Earthquake Per Occurrence Excess and Annual Aggregate Excess of Primary $25 , 000 , 000 Per Occurrence Limit and Annual Aggregate Deductibles : Amounts Coverages 25 , 000 , 000 Excess of $25, 000 , 000 Per Occurrence Excess of $ 150 , 000 Per Occurrence Primary 25,000,000 Flood (excluding Flood Zone A) Excess of $25 , 000 ,000 Per Occurrence and Annual Aggregate 25,000,000 Earthquake Excess of $25,000, 000 Per Occurrence and Annual Aggregate Terms/Conditions: • Application of Underlying Provision Clause: Applies • Maintenance of Primary and Underlying Excess Policy(ies) and Limits : Applies • Minimum Earned Premium : 35% a Cancellation: 90 Days except 10 Days for Non-Payment of Premium Notice of Loss : • The Insured upon knowledge of any occurrence likely to give rise to a Claim hereunder shall give immediate written advise thereof to the Company(ies) noted in the Claim Reporting Section . 10 Gallagher ©2020 Arthur J. Gallagher & Co. All rights reserved. _._ O. Gallagher Colorado Counties Casualty and Property Pool IV CORE 360 2nd Excess Property $ xs $ 25M ( Excess Follow Form Priority of Payment Clause : Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Assured to apportion recovery under this policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers, it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers, shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s) . Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself. Permission for Excess Permission is granted to purchase insurance in excess of the amount Limit of Liability stated Insurance Clause: in this policy. Such excess insurance shall not be considered other insurance for the purposes of the "Other Insurance" clause. Uncollectibility of Other Notwithstanding any of the terms of the Policy that might be construed otherwise, the Insurance Clause: insurance provided by the Policy shall always be excess over the maximum monetary limits set forth in Declaration and/or Schedules (reduced only by reduction of any underlying aggregate limits as provided in the policy regardless of the uncollectibility (in whole or in part) of any underlying insured amounts for any reason , including , but no limited to, the financial impairment or insolvency of an underlying Insurer(s). The risk of uncollectibility ( in whole or in part) of other insurance, whether because of financial impairment or insolvency of an underlying or other insurer(s) or for any other reason, is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Company(ies). Occurrence Limit of The Limit of Liability or Amount of Insurance shown on the face of the policy, or endorsed Liability Clause : onto this policy, is the total of the Insurer(s) liability applicable to each occurrence, as defined . Notwithstanding any other terms and conditions of the policy to the contrary, in no event shall the liability of the Insurer(s) exceed this limit or amount irrespective of the number of locations involved . The term "occurrence" shall mean any one loss, disaster, casualty or series of losses, disasters , or casualties, arising out of one event When the term applies to loss or series of losses from the perils of tornado, cyclone, hurricane, windstorm, hail , volcanic eruption, riot, riot attending a strike, civil commotion, and vandalism and malicious mischief, one event shall be considered to be all losses arising during a continuous period of 72 hours. When filing proof of loss, the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs. For Flood and Earthquake, the term "occurrence" shall mean any one loss , disaster, arising out of one event arising during a continuous period of 168 hours. When filing proof of loss, the Insured may elect the moment at which the 168 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs. The premium for the policy is based upon the Statement of values on file with the insurer(s) . In the event of loss, liability of the Insurer(s), subject to terms of paragraph one (1 ) above , shall be limited to the least of the following: a. The actual adjusted amount of loss , less applicable deductible (s) . b . The Limit of Liability or Amount of Insurance shown on the face of this policy or endorsed onto this policy. 11 = Gallagher ©2020 Arthur J. Gallagher & Co. All rights reserved. tam Gallagher Colorado Counties Casualty and Property Pool ** CORE 360 2nd Excess Property $ xs $ 25M ( C Excess Follow Form Other Provisions • Service of Suit Clause • Follow Form Underlying provisions with regard to Newly Acquired Property Clause • Membership Reconciliation Report due 3/1 /2019 (same provisions as noted in the Underlying Policies) Valuation Clause: • Real and Personal Property: Replacement Cost • Mobile (Contractors Equipment) : Actual Cash Value Exclusions including but • Follow form the Primary Policy Exclusions not limit to : • War Claims Reporting CTSI as Claims Administrator for CAPP upon knowledge of any occurrence likely to Instructions: give rise to a claim hereunder shall give immediate written advice to the carriers as noted below: Note, CTSI is not settle any loss without obtaining approval from the Carriers within this layer Claims are to be reported to : CRC Insurance Services Aft: Cammie Talley ctalley@crcins.com Homeland Insurance Co. of New York/OneBeacon Phone 24/7 claim service center: 877-248-3455 E-mail : claimsonebeacon .com Online : web-based claim reporting at www. onebeacon .com Fax: 866-213-2802 Copies of any claims are also to be sent to : Arthur J . Gallagher Risk Management Services, Inc. Aft: Kendall Trump , Vice President-Claims 6300 S . Syracuse Way, Ste 700 Centennial , CO 80111 Claims e-mail : scclaims@ajg . com Voice Mail : 303-889-2570 Claims Fax Number: 303-773-9776 12 ©2020 Arthur J. Gallagher & Co. All rights reserved. Gallagher O. Gallagher Colorado Counties Casualty and Property Pool •.• C E 360 Excess Vehicle Physical Damage Over the Road $4M xs $ 1 M Carrier:. Endurance American Specialty Insurance Company Policy Period : January 1 , 2020 to January 1 , 2021 Policy form Follow Form Excess Policy Covered Perils Vehicle Physical Damage — Over the Road Only — same Covered Causes of Loss as the Primary Policy Limits: Amounts Coverages $ 4 , 000 , 000 Per Occurrence Excess of $ 1 , 000 , 000 Per Occurrence (sublimit within the Primary Policy); 4 , 000 , 000 Per Occurrence/Annual Aggregate Flood 4 ,000 , 000 Per Occurrence/Annual Aggregate Earthquake The company provides the limits show above as applying on the basis of $4 ,000,000 excess of $ 1 , 000,000 in turn excess of any applicable deductible (s) or self-insured retention contained in the underlying policies with respect to each and every loss or occurrence cause resulting from a covered peril . Insuring Clause — Carrier The insurance provided by this policy will follow form and be subject to same terms and Specific Form conditions as the Primary Property Policy issued by Primary Carrier(s) listed in the Schedule of Primary Policies Endorsement, except for premium , the limits of liability, and to the extent that the terms, conditions, provisions, definitions, endorsements and exclusions of this policy differ from the "primary policy" . In the event of a conflict between this policy and the "primary policy", the terms, conditions, provisions, definitions, and exclusions of this policy shall control . Schedule of Primary Primary Property - $ 10,000 , 000 (Quota Share) Basis - Vehicle Physical Damage is Insurance sublimited to S1 , 0!00,0!00 including Flood and Earthquake Terms/Conditions: • Application of Underlying Provision Clause : Applies • Maintenance of Primary and Underlying Excess Policy(ies) and Limits Applies a Minimum Earned Premium : 25% • Cancellation : 90 Days except 10 Days for Non- Payment of Premium Other Provisions : • Uncollectible Insurance Clause • Territory Clause — U .S. and District of Columbia • Notice of Loss Provision Protection of Property after Loss • Proof of Loss — Insured shall file with the Company within 90 days from the request of the Company • Settlement of Loss Clause • Subrogation Clause • Assistance and Cooperation Clause Exclusions Including but • Follow Form Primary Policy exclusions not limited to: • Pollution • Terrorism 13 Gallagher ©2020 Arthur J. Gallagher & Co. All rights reserved. tam Gallagher Colorado Counties Casualty and Property Pool ** CORE 360 Excess Vehicle Physical Da► mage ( Continued Over the Road $4M xs $ 1 M Claims Reporting CTSI as Claims Administrator for CAPP upon knowledge of any occurrence likely to Instructions : give rise to a claim hereunder shall give immediate written advice to the carriers as noted below: Note , CTSI is not to settle any loss without getting approval from the Carriers within this layer. Claims are to be reported to : EXCESS VEHICLE PHYSICAL DAMAGE (EXCESS OF $1M) RPS CLAIMS REPORTING Website : https :!!m v.rps ins.comlcla imsfnol Toll Free : 844-777-8323 Endurance US Claims E-mail : insuranceclaimssompo-intl .com Toll Free Reporting : 877 .0716 . 7575 Endurance US Claims 750 Third Avenue , 18th Floor New York, NY 10017 Note: Failure to Promptly Report Claim to the Carrier shall invalidate any claim under the policy. Copies of any claims are also to be sent to : Arthur J . Gallagher Risk Management Services, Inc.. Att: Kendall Trump , Vice President Claims 6300 S. Syracuse Way, Ste 700 Centennial , CO 80111 Claims e-mail: scclaimsaig. com Voice Mail : 303-889-2570 Claims Fax Number: 303-773-9776 14 ©2020 Arthur J. Gallagher & Co. All rights reserved. Gallagher .o Gallagher Colorado Counties Casualty and Property Pool •.• CO E 360 Equipment Breakdown Carrier: Liberty Mutual Fire Insurance Company Policy Period : January 1 , 2020 to January 1 , 2021 Policy form : Liberty PowerPro SelectTM Covered Locations: Per Statement of Values on file with the Company, October 3 , 2018 Limits: Amounts Coverall es 100,000,000 Total Limits Per Breakdown — Property Damage Included Expediting Expense Included Business Income with sublimits below $ 5 , 000 , 000 Extra Expense 5,000,000 Data or Media (Business Income) 365 Days Business Income Period of Restoration $ 5,000,000 Ordinance or Law 10,000,000 Spoilage Damage $ 10,000,000 Utility Interruption (the maximum limit for Utility interruption, subject to any applicable lower coverage limits, including Business Income , Extra Expense andfor Spoilage, respectively) included Newly Acquired Premises — 90 days (note, additional premium may apply upon notification of new location to the carrier) Included Errors and Omissions Included Brands and Labels 2,500,000 Contingent Business Income/Extra Expense Covered Premises — all direct suppliers and recipients 10,000,000 Ammonia Contamination Included Consequential Loss $ 5 , 000,000 Data and Media 2,500,000 Hazardous Substance Included Water Damage $ 1 , 000,000 Off Premises Equipment $ 2 , 500,000 Miscellaneous Locations $ 15,000 Limited Coverage for Fungus , Wet Rot and Dry Rot $ 100,000 Green Upgrades — Increased Cost of Loss and Related Expenses 100 Milesf4 weeks Civil Authority Extension 250,000 Ingress/Egress 250 ,000 Claim Preparation Fees 150% Replacement Cost for Green Upgrade/Safety Improvements Amounts Covera ! es Deductibles: 5,000 Combined for all coverages 4 Hours Utility Interruption Waiting Period Valuation : • Repair or Replacement Cost Terms if Conditions : • Business Income Coinsurance Waived • New Generation Included • 90 Days' Notice of Cancellation except 10 Days Nonpayment of Premium • No Connected Ready for Use Requirement • Arbitration Clause • Joint or Disputed Loss Agreement 15 ©2020 Arthur J. Gallagher & Co. All rights reserved. %are- Gallagher Gallagher Colorado Counties Casualty and Property Pool ** CORE 360 E ui ment Breakdown ( Continued Duties in the Event of • CTSI must provide prompt notice of the loss or damage including a description of the Loss: property involved . • Allow the Company a reasonable time and opportunity to examine the property and premises before repairs are undertaken or physical evidence of the "Breakdown" is removed . • Company shall be permitted to inspect the property proving the loss or damage and examine your books and records. Also , the Company shall have permission to take samples of damaged and undamaged property for inspection , testing and analysis. • CTSI must send the Company a signed , sworn proof of loss within 60 days after the Company's request. Significant Exclusions • Earth Movement, Fire Perils , Windstorm , Hail , Lightning, etc. (including but not . Water including : limited to) : a . Flood , surface water, waves (including tidal wave and tsunami), tides, tidal water, overflow of any body of water, or spray from any of these , all whether or not driven by wind (including storm surge) ; b . Mudslide or mudflow; c. Water that backs up or overflows or is otherwise discharged from a sewer, drain , sump , sump pump or related equipment; d . Water damage caused by the discharge or leakage of a sprinkler system or domestic water piping ; e . Water underground surface pressing on , or flowing or seeping through: (1 ) Foundations , walls , floors or paved surfaces ; (2) Basements , whether paved or not; (3 ) Doors, windows or other openings ; or f. Waterborne material carried or otherwise moved by any of the water referred to in Paragraph a . , c. ore . , or material carried or otherwise moved by mudslide or mudflow. This exclusion applies regardless of whether any of the above, in Paragraphs a . through f. , is caused by an act of nature or is otherwise caused . • Terrorism • Nuclear • War or Military Action • Explosion — section of caused by an explosion of "Covered Equipment" • Business Income/Extra Expense does not include loss of capacity payments, bonus payments nor penalties resulting from the interruption of business as respects income derived from sales of electricity to the local utility Claims Reporting As soon as CTSI is aware of an equipment breakdown loss, the claim is to reported directly to Instructions : Liberty as follows: E-mail : CLCIaimReportsLibertvMutual ..com or Call 800-362-0000 Copies of any claims are also to be sent to: Arthur J . Gallagher Risk Management Services, Inc. Att: Kendall Trump , Vice President Claims 6300 S. Syracuse Way, Ste 700 Centennial , Co 80111 Claims e-mail : scclaims@a'q. com Voice Mail : 303-889-2570 Claims Fax Number: 303-773-9776 16 ©2020 Arthur J. Gallagher & Co. All rights reserved. €-i ` Gallagher Hello