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HomeMy WebLinkAboutPollution_Program_2022-23POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM INTEGRITY EXCELLENCE INNOVATION TEAMWORK Providing innovative risk management solutions for our public agency partners Protection period: July 1, 2022 to July 1, 2023 Detail 1–8 Definitions 9–11 Member Roster 12 Schedule of Insurers 13–14 POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 1PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 *SEE LAST PAGE FOR ADDITIONAL DETAILS Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 Named Insured California JPIA and its participating members Insurance Company/ Policy Number Ironshore Specialty Insurance Company Policy #ISPILLSCAZ76002 *Best’s Guide Rating A, Excellent; Financial Size Category XV; Greater than $2,000,000,000 *Standard & Poor’s Rating A, Strong Financial Security California Status Non-Admitted Protection Period July 1, 2022 at 12:01 a.m. to July 1, 2023 at 12:01 a.m. Pacific Time Limits of Liability Per Member:$ 5,000,000 $ 5,000,000 Each Incident Member Aggregate Program Aggregate:$ 20,000,000 Aggregate Self-Insured Retention $250,000 Each Incident 5 day waiting period for Business Interruption Covered Locations All locations listed on Property Schedules on file with the Company, for any named insured. Retroactive Date Waste Disposal Retroactive Date – July 1, 2014 Contractor’s Environmental Legal Liability Retroactive Date – July 1, 2014 POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 2PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 Coverage CLAIMS MADE AND REPORTED POLICY • Remediation Expense and Liability —Remediation of On-Site Contamination Remediation expense resulting from contamination on or under your insured location, If discovery of such contamination is first made during the policy period; or the insured becomes legally obligated to pay as a result of a claim for remediation expense that is first made against the insured and reported to carrier during the policy period —Remediation of Off-Site Contamination Remediation expense resulting from contamination migrating from and beyond the boundaries of your insured location, if discovery of such contamination is first made during the policy period; or the insured becomes legally obligated to pay as a result of a claim for remediation expense that is first made against the insured and reported to carrier during the policy period • Bodily Injury and Property Damage Resulting from Contamination Coverage for loss the insured becomes legally obligated to pay as a result of a claim for bodily injury or property damage arising out of contamination on, under or migrating from your insured location, provided such claim is first made against the insured and reported to carrier during the policy period Image Restoration To pay on behalf of the Insured, Image Restoration Expenses that directly result from an Image Restoration Event, provided that the Pollution Incident giving rise to the Image Restoration Event is on, under or migrating from a Covered Property. This coverage shall apply only if: 1) the Pollution Incident giving rise to the Image Restoration Expenses is first discovered by the Insured during the Policy Period.  Discovery of such a Pollution Incident occurs when a Responsible Insured first becomes aware of the Pollution Incident; and 2) the Pollution Incident giving rise to the Image Restoration Expenses is reported to the Company in accordance with Section IV., Paragraph B. POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 3PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 Coverage Terms • Coverage included for above ground storage tanks and scheduled underground storage tanks. • Contracted operations performed by or on behalf of the insured • Business interruption and extra expense coverage • Crisis management-restoration coverage-assists to improve perception post- loss $250,000 sublimit • Landfills-off-site only • Products for potable water, reclaimed and recycled water • Subrogation Clause – automatically waived if within a contract prior to a loss • Blanket coverage for Non-Owned Locations – locations used for the recycling, treatment, storage or disposal of materials generated at insured locations • Scheduled underground storage tanks - can be structured to be excess of State Fund where applicable, with compliance drop down • Transportation first and third party including loading and unloading • Terrorism • Each insured entity is included as an additional named insured • Asbestos and lead-based paint coverage for bodily injury or property damage or asbestos or asbestos containing material or lead based paint in soil or in any water course or body of water including ground water or the inadvertent disturbance of asbestos; or asbestos containing materials or lead based paint by or on behalf of the insured • Includes $1,000,000 limit per contamination incident for extra expense resulting from contamination to a water supply well • Airports – sudden and accidental new conditions only – and discovered in seven days • Inadvertently omitted locations • Zoonotic disease coverage • California choice of law and legal venue • Mold, Legionella and Methamphetamine included in the definition of pollutants • Severability clause – grants separation of insureds • New conditions coverage for locations acquired during the policy term included subject to a retroactive date of property acquisition. Appropriate underwriting documentation must be reviewed in order to grant full retrospective coverage – all new locations reported annually • Definition of insured and responsible individual amended • Duties in the event of a claim and notice and reporting provisions for responsible individuals amended POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 4PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 Acquired Properties Newly acquired locations – new conditions only until location is reported along with an appropriate environmental report. Then pre-existing can be added, once underwritten. Any real property newly acquired, owned, leased, managed, rented or occupied by the Insured during the Policy Period (hereinafter “Acquired Real Property”), subject to all of the following conditions: Within one hundred eighty (180) days from the effective date of the Named Insured taking title to or its occupancy of such real property, the Named Insured must give notice of such taking title or occupancy in writing to the Company’s underwriter and provide the underwriter with a properly completed and signed Site Pollution Incident Legal Liability Select Application. The Named Insured thereafter must provide any supporting documentation reasonably requested by the underwriter. The material use of the property must conform to the intended use of Municipalities, joint power authorities and public agencies. Endorsements (including but not limited to) • Insurer Address Change • Terrorism Exclusion • TRIA Purchased • Claim and Notice Reporting • Sanction Limitation and Exclusion Clause • Service of Suit Clause - California - SC-7 (11_19) • California – Cancellation and Nonrenewal • Definition of Pollutants Biological Agents • Nuclear and Radiological Exclusion Deletion • Named Insured • Additional Insured • Waiver of Subrogation • Schedule of Covered Properties • Contractor’s Environmental Legal Liability (CELL) Coverage • Disinfection Event Expenses • Evacuation Expenses • Image Restoration Expenses • Acquired Properties Endorsement • Asbestos and Lead-Based Paint Exclusion Amendatory Endorsement • Definitions Amendatory Endorsement • Choice of Forum - Law Deletion Endorsement • Mold Matter Amendatory Endorsement • Conditions Amendatory Endorsement • Per Member Aggregate Endorsement • Underground Storage Tanks • Excess of Tank Fund • Cancellation Condition Amendatory Endorsement • Loss Definition Amendatory Endorsement • Products Pollution and Exposure Liability Endorsement POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 5PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 Major Exclusions (List does not include standard policy exclusions) • Prior Claims Exclusion • Landfill Amendatory Endorsement (restriction) • Exclusions Amendatory Endorsement (applies to discharge control, non- pollution incidents and firing ranges) • Airport Coverage Amendatory Endorsement (restriction) • Capital Improvement Amendatory Endorsement (restriction) • Site Specific Waste Disposal Activities Exclusion • COVID-19 Exclusion Non-Disclosed Conditions Any Pollution Incident: • Which is known by a Responsible Insured prior to the Inception Date and not specifically disclosed in writing in the application for this Policy; or • On, under or migrating from a Covered Property which is known by a Responsible Insured and not specifically disclosed to the Company in writing prior to the Company’s addition of such Covered Property by endorsement to this Policy. Insuring Agreement Pay on Behalf of The Insured for Loss, Remediation Expense, or Legal Defense Expense in excess of the Retention Amount Defense Costs and Expenses Defense Costs and Expenses are included in the Self-Insured Retention and within Limits of Liability. Emergency Response Expenses Reasonable and necessary expenses incurred to contain, control or mitigate contamination that is an imminent and substantial endangerment and pursuant to the laws that require such immediate response to contamination - no time restraint Coverage Claims Made TRIA Included Minimum Earned Premium 25% Extended Reporting Period Four years provided at 200% of the premium. Cancellation Provision 90 Days 10 Days for Non-Payment POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 6PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 Claims Reporting • All claims must be reported immediately, regardless if under Deductible. Company written consent is required prior to incurring costs, except on an emergency basis. • Complete the incident reporting form on California JPIA website, CJPIA.org and report to: Alliant Insurance Services, Inc. Akbar Sharif Ph 949-260-5088 Akbar.Sharif@alliant.com or Robert Frey, Claims Manager Ph 415-403-1400 RFrey@Alliant.com Submit a copy of a completed Notice of Claim to: Ironshore Environmental Claims CSO 28 Liberty Street, 5th Floor New York, NY 10005 Ph 1-888-292-0249 Email: USClaims@ironshore.com Broker ALLIANT INSURANCE SERVICES, INC Dennis Mulqueeney, Senior Vice President Robert Lowe, First Vice President Katrina Seese, Assistant Vice President Christopher Gray, Account Executive POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 7PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 THIS SUMMARY IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ALTER THE POLICY IN ANY WAY. PLEASE REFER TO THE POLICY FORM FOR COMPLETE COVERAGE, TERMS & CONDITIONS AND EXCLUSIONS. DISCLOSURES This proposal of insurance is provided as a matter of convenience and information only. All information included in this proposal, 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 proposal does not reflect any independent study or investigation by Alliant Insurance Services, Inc. or its agents and employees. Please be advised that this proposal is also expressly conditioned on there being no material change in the risk between the date of this proposal 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 proposal whether or not this offer has already been accepted. This proposal 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 proposal 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 www.alliantinsurance.com. 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 92101. Analyzing insurers’ overall 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 www.ambest.com. For additional information regarding insurer financial strength ratings, visit Standard and Poor’s website at www.standardandpoors.com. 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. POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 8PROGRAM SUMMARYTHE ABOVE IS A SUMMARY ONLY. IT DOES NOT MODIFY THE MEMORANDUM OF COVERAGE, NOR THE REINSURACE OR EXCESS INSURANCE DOCUMENTS. FOR FULL COVERAGE DETAILS, SEE THE FULL CONTRACTS AND POLICIES ON FILE AT THE CALIFORNIA JPIA OFFICE. EFFECTIVE JULY 1, 2022 Rev: 7/1/22 Detail July 1, 2022 to July 1, 2023 NY REGULATION 194 DISCLOSURE Alliant Insurance Services, Inc. is an insurance producer licensed by the State of New York. Insurance producers are authorized by their license to confer with insurance purchasers about the benefits, terms and conditions of insurance contracts; to offer advice concerning the substantive benefits of particular insurance contracts; to sell insurance; and to obtain insurance for purchasers. The role of the producer in any particular transaction typically involves one or more of these activities. Compensation will be paid to the producer, based on the insurance contract the producer sells. Depending on the insurer(s) and insurance contract(s) the purchaser selects, compensation will be paid by the insurer(s) selling the insurance contract or by another third party. Such compensation may vary depending on a number of factors, including the insurance contract(s) and the insurer(s) the purchaser selects. In some cases, other factors such as the volume of business a producer provides to an insurer or the profitability of insurance contracts a producer provides to an insurer also may affect compensation. The insurance purchaser may obtain information about compensation expected to be received by the producer based in whole or in part on the sale of insurance to the purchaser, and (if applicable) compensation expected to be received based in whole or in part on any alternative quotes presented to the purchaser by the producer, by requesting such information from the producer POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 9PROGRAM SUMMARYTHESE DEFINITIONS ARE ABBREVIATED AND SHOULD BE USED ONLY AS A QUICK REFERENCE. REFER TO THE MOC — P FOR FULL DEFINITIONS. Rev: 7/1/22 Definitions July 1, 2022 to July 1, 2023 Additional Insured Any individual, organization or entity scheduled on the policy as an additional insured by an endorsement, but solely for their liability arising out of their ownership, use, operation or financing of your insured location. Bodily Injury Physical Injury, sickness or disease including associated medical or environmental monitoring; Mental anguish, emotional distress or shock sustained by any person; including death therefrom. Claim A written demand, notice, or assertion of a legal right seeking a remedy or alleging liability or responsibility on the part of you or any insured as a result of contamination. Such demand, notice or assertion of a legal right includes, but is not limited to, legal actions, orders, petitions or governmental or regulatory actions, filed against you or any insured. Contaminant Any solid, liquid, gaseous or thermal irritant or pollutant, including, but not limited to, smoke, vapor, odors, soot, fumes, acids, alkalis, toxic chemicals, hazardous substances, petroleum hydrocarbons, legionella, electromagnetic fields, low level radiological matter and waste materials including, but not limited to, municipal, industrial, medical, pathological, and low level radioactive waste materials. Contamination The discharge, dispersal, release or escape of any contaminants into or upon land, or any structure on land, the atmosphere or any watercourse or body of water, including groundwater, provided such conditions are not naturally present in the environment in the amounts or concentrations discovered. Defense Expense Cost, charges and expenses incurred in the defense, investigation or adjustment of any claim. Discovery When the insured first has knowledge of contamination. Emergency Expenses Reasonable and necessary expenses incurred to contain, control or mitigate contamination, bodily injury or property damage to third parties is imminent; or the environment and pursuant to laws that require such immediate response to contamination. Environmental Professional A person or entity chosen by the company in consultation with the insured and possesses appropriate expertise, licensing, certification and qualifications to address the contamination. Extended Reporting Period Either Automatic Extended Reporting Period or Extended Reporting Period, whichever is applicable, in which to report a claim first made against the insured following termination of coverage as described in Section IX, Extended Reporting Provisions of the policy. POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 10PROGRAM SUMMARYTHESE DEFINITIONS ARE ABBREVIATED AND SHOULD BE USED ONLY AS A QUICK REFERENCE. REFER TO THE MOC — P FOR FULL DEFINITIONS. Rev: 7/1/22 Definitions July 1, 2022 to July 1, 2023 Insured The named insured and any subsidiary thereof and, any past or present director, officer, partner or employee of the insured, including a temporary or leased employee while acting within the scope of his or her employment as such, and additional insured. Law Any federal, state, provincial or local statutes, rules, regulations, ordinances, guidance documents, voluntary clean up or risk-based corrective action programs and judicial or administrative orders and directives and all amendments thereto that apply or may be applied to the insured’s responsibility for contamination. Loss Monetary awards or settlements, previously agreed in writing by the company, of compensatory damages and, where allowable by law, punitive, exemplary, or multiplied damages, civil fines, penalties and assessments for bodily injury or property damage; and related defense expense. Mold Mold, mildew or any type or form of fungus including mycotoxins, spores, microbial volatile organic compounds or any other by-products produced by or released by fungi. Named Insured Person or entity named in ITEM 1 of the Declarations and responsible for acting on behalf of all other insureds, under the policy as described. Natural Resource Damage Physical injury to or destruction of, including the resulting loss of value of: land, fish, wildlife, biota, air, water, groundwater, drinking water supplies, and other such resources belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States (including the resources of the fishery conservation zone established by the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1801 et seq.), any state or local government, any foreign government, any Indian tribe, or, if such resources are subject to a trust restriction on alienation, any member of an Indian tribe. Policy Period The period set forth in ITEM 4 of the Declarations, or any shorter period arising as a result of: cancellation of the policy; or with respect to any insured location(s), the deletion of any such location(s) from the policy at your written request. Property Damage Physical injury to or destruction of tangible property of parties other than the insured, including the resulting loss of use and diminution of value thereof; loss of use and diminution in value of tangible property of parties other than the insured that has not been physically injured or destroyed; and natural resource damage. (Property Damage shall not include remediation expense.) POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 11PROGRAM SUMMARYTHESE DEFINITIONS ARE ABBREVIATED AND SHOULD BE USED ONLY AS A QUICK REFERENCE. REFER TO THE MOC — P FOR FULL DEFINITIONS. Rev: 7/1/22 Definitions July 1, 2022 to July 1, 2023 Remediation Expense Reasonable and necessary expenses, including legal expenses, incurred for investigation, removal, abatement, disposal, treatment, clean-up or neutralization, including associated monitoring, of contaminants; to the extent required by law or in the absence of applicable law, to the extent recommended by an environmental professional; or that have been actually incurred by any government department or agency; monetary awards or settlements, previously agreed to in writing by the company, of compensatory damages that the insured is legally obligated to pay for investigation, removal, abatement, disposal, treatment, clean-up or neutralization, including associated monitoring, of contaminants; and related defense expense; including restoration expense and emergency expenses. Responsible Individual Any officer or director of the insured; the manager or supervisor of the insured responsible for environmental or health and safety affairs or compliance. Restoration Expense Reasonable and necessary costs incurred by the insured to repair, replace or restore real or personal property to substantially the same condition it was prior to being damaged during work performed in the course of incurring remediation expense. However, such restoration expense shall not include any costs associated with a betterment or improvement to such real or personal property. Underground Storage Tank Any tank that has at least 10 percent of its volume below ground in existence at the inception date or installed thereafter, including associated underground piping connected to the tank. Your Insured Location Any property or location approved by the company and listed in Item 3 of the Declarations Page, or your insured location schedule endorsed to the policy. POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 12PROGRAM SUMMARYRev: 7/1/22 Member Roster July 1, 2022 to July 1, 2023 Agoura Hills Alhambra Aliso Viejo Artesia Atascadero Bell Gardens Bellflower Big Bear Fire Authority Big Bear Lake Bishop Bradbury Brawley Buellton Calabasas Camarillo Carpinteria Cerritos Chino Hills Claremont Commerce Dana Point Diamond Bar El Centro Fillmore Goleta Hidden Hills Imperial Indio Irwindale La Canada Flintridge La Habra Heights La Mirada La Palma La Puente La Verne Laguna Niguel Laguna Woods Lake Elsinore Lake Forest Lakewood Lawndale Loma Linda Lomita Malibu Mammoth Lakes Midpeninsula Regional Open Space District Mission Viejo Monrovia Moorpark Mountain Area Regional Transit Authority Needles Norwalk Pacific Grove Palos Verdes Estates Paramount Paso Robles Port Hueneme Poway Rancho Palos Verdes Rolling Hills Rolling Hills Estates Rosemead Rossmoor CSD San Clemente San Dimas San Gabriel San Juan Capistrano San Luis Obispo San Marcos San Marino Santa Fe Springs Santa Paula Seal Beach Seaside Seaside County Sanitation Authority Signal Hill Solvang South El Monte Southeast Area Animal Control Authority (SEAACAs) Stanton Temple City Ventura Port District Villa Park West Covina Westlake Village POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 13PROGRAM SUMMARYRev: 7/1/22 Schedule of Insurers July 1, 2022 to July 1, 2023 Ironshore Specialty Insurance Company POLICY #ISPILLSCAZ76002 California Status: Standard & Poor’s Rating: Best’s Guide Rating: A+ Strong Financial Security Non-Admitted A Strong Financial Security A, Excellent; Financial Size Category XV; Greater than $2,000,000,000 DISCLOSURES 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. This summary 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 www.alliantinsurance.com. 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 92101. 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 www.ambest.com. For additional information regarding insurer financial strength ratings, visit Standard and Poor’s website at www.standardandpoors.com. 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. POLLUTION AND REMEDIATION LEGAL LIABILITY PROGRAM Page 14PROGRAM SUMMARYRev: 7/1/22 Schedule of Insurers July 1, 2022 to July 1, 2023 NY REGULATION 194 DISCLOSURE Alliant Insurance Services, Inc. is an insurance producer licensed by the State of New York. Insurance producers are authorized by their license to confer with insurance purchasers about the benefits, terms and conditions of insurance contracts; to offer advice concerning the substantive benefits of particular insurance contracts; to sell insurance; and to obtain insurance for purchasers. The role of the producer in any particular transaction typically involves one or more of these activities. Compensation will be paid to the producer, based on the insurance contract the producer sells. Depending on the insurer(s) and insurance contract(s) the purchaser selects, compensation will be paid by the insurer(s) selling the insurance contract or by another third party. Such compensation may vary depending on a number of factors, including the insurance contract(s) and the insurer(s) the purchaser selects. In some cases, other factors such as the volume of business a producer provides to an insurer or the profitability of insurance contracts a producer provides to an insurer also may affect compensation. The insurance purchaser may obtain information about compensation expected to be received by the producer based in whole or in part on the sale of insurance to the purchaser, and (if applicable) compensation expected to be received based in whole or in part on any alternative quotes presented to the purchaser by the producer, by requesting such information from the producer.