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| Real and Personal Property |
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| Type of Coverage: |
Excess Real and Personal Property |
| Named Insured: |
State of Oregon |
| Description of Coverage: |
All real and personal property of every kind and description owned by the state of Oregon, or in which the insured has an insurable interest or held by the insured in trust, on consignment, on commission, in storage, for repairs or otherwise, or held on joint account with others, or sold but not delivered or removed, specifically including the insured´s legal liability therefore, or for which the insured has assumed or may assume liability or has insured for the account of others, including charges of every description accruing against the property of others, personal property of others, guests or employees of the insured for which the insured may elect to assume liability. |
| Covered Cause of Loss: |
All risks of direct physical loss or damage to property not otherwise excluded, including earthquake and flood, excluding boiler and machinery perils, as more fully defined in the policy.
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| Limits and Sublimits: |
$400,000,000 Per occurrence, except:
$350,000,000 Per occurrence and annual aggregate in respect of flood and earthquake, except:
$ 10,000,000 Per occurrence and annual aggregate
Flood-Locations in 100 year flood zones A&V
$ 10,000,000 Business Interruption
$ 5,000,000 Contingent Business Interruption
$ 5,000,000 Miscellaneous unnamed locations (no quake or flood)
$ 5,000,000 Newly Acquired Property (Report within 120 days of acquisition. Newly acquired locations with values less than $1,000,000 are subject to annual audit.)
$ 5,000,000 Course of construction (Report within 120 days of start date.)
$ 5,000,000 Demolition and increased cost of construction
Other sublimits also apply |
| Premium: |
$3,864,502 Premium amount allocated to all state agencies through the Insurance Fund risk charges |
| Deductible: |
$4,000,000 Per loss arising from the perils of earthquake or flood $1,500,000 Per loss arising from any other peril |
Policy Territory:
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United States of America within the 50 states, District of Columbia and Canada
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| Major Exclusions: |
- Loss caused by electrical injury or disturbance to electrical appliances or devices caused by electrical currents artificially generated, unless fire or explosion ensues and then only for loss by such ensuing fire or explosion.
- Infidelity or dishonesty of employees, inventory shortage, or mysterious disappearance.
- Breakdown of machinery and/or boiler explosion.
- Loss of use, delay or loss of markets.
- Seepage and/or pollution - specifically excludes loss, damage costs, or expenses in connection with any kind or description of seepage and/or pollution and/or contamination, direct or indirect, unless fire arises directly indirectly from seepage and/or pollution and/or contamination.
- War risk exclusion.
- Nuclear exclusion.
- Asbestos exclusion.
- Water backing up in sewers and drains.
- Computer related (Y2K) losses, however resulting damage or loss caused by a covered peril is covered.
- Additional exclusions as specified in the policies.
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Extensions of Coverages:
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- Exceptional items (historic, collectibles, works of art).
- Data processing media.
- Contingent liability from operations of building laws.
- Debris removal and cost of cleanup. Not to exceed $45,000,000.
- Extra expense.
- Licensed vehicles while parked on insured-owned property.
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| Valuation: |
Replacement cost, except actual cash value if not replaced, or other provisions as per policy. |
| Effective Date: |
October 15, 2006-07 |
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| Excess Automobile Liability |
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Type of Coverage:
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Excess Automobile Liability |
| Named Insured: |
State of Oregon |
| Limit: |
$5,000,000 Combined Single Limit Bodily Injury/Property Damage Liability. Defense costs are outside the policy limit. |
| Self-insured Retention: |
$1,000,000 |
| Exclusions: |
- Automobile personal injury protection
- Uninsured/underinsured motorist liability
- Nuclear energy
- All bodily injury/property damage arising from the automobile hazard within the boundaries of the state of Oregon
- Medical payments
- Others as outlined in the policy
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| Policy Territory: |
Worldwide excluding the state of Oregon |
| Carrier: |
Lexington Insurance Company |
| Policy Number: |
6501929 |
Effective Date:
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March 15, 2007-08 |
Notes:
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Claims expenses erode both the self-insured retention and the limit of insurance provided. |
| Cancellation: |
30-day notice, except 10-day non-payment of premium |
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| Foreign Liability and Comp. |
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| Type of Coverage: |
Foreign Liability/Foreign Workers’ Compensation/Employers Liability |
| Named Insured: |
State of Oregon acting by or through each department, agency, board and commission and each of their officers and employees. |
| Description of Coverage: |
Foreign General Liability, Auto Liability, International Voluntary Workers' Compensation, Employer's Liability. |
| Territory: |
GL - Worldwide suits for foreign occurrences, and foreign suits for worldwide occurrences. AL - Worldwide suits for foreign occurrences
International Foreign Voluntary Workers' Compensation and Employer's Liability -Worldwide outside the US and Canada including the US and Canada for foreign based employees´ business trips to the US and Canada |
| Exclusions: |
- General Liability: Injury to Participants
- Auto Liability: Vehicle used as a premises; bodily injury to your employee, unauthorized use
- Employer´s Liability: Excludes in the UK and Ireland except for employees traveling to UK or Ireland on a temporary basis
- Other exclusions as outlined in the policy
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Limits of Liability:
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International General Liability
$3,000,000 General Aggregate
$3,000,000 Products/Completed Operations Aggregate
$3,000,000 General Aggregate
$3,000,000 Advertising Injury and Personal Injury Aggregate
$1,000,000 Property Damage to Rented or Occupied Premises
$3,000,000 Employee Benefits Liability ("Claims Made")
$50,000 Medical Expense Aggregate
Employee Benefit Programs Acts, Errors or Omissions
$3,000,000 General Aggregate
Retroactive Date: January 1, 2002
International Automobile DIC/Excess Liability
$3,000,000 Bodily Injury and Property Damage Limit
$10,000 Auto Medical Payments
Employer's Liability - (All Employees)
$3,000,000 Bodily Injury by Accident - each accident
$3,000,000 Bodily Injury by Disease - each employee
$3,000,000 Bodily Injury by Disease - policy limit
Repatriation Expense - (All Employees)
$250,000 each employee
$500,000 policy limit |
| Carrier: |
Great Northern Insurance Company |
| Policy Number: |
3537-87-82 |
Effective Date:
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January 1, 2006-07 |
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| Aviation Liability |
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| Type of Coverage |
Aviation Liability |
Named Insured:
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State of Oregon acting by and through each and any of its Departments, Agencies, Boards, Commissions, and each of its or their officers, employees, agents, and members of state boards or commissions acting within the scope of their employment or duties. |
| Description of Coverage: |
Aircraft liability coverage for owned aircraft, as scheduled, and non-owned aircraft liability. Non-owned coverage limited to single and multi-engine fixed wing aircraft with maximum passenger capacity of twelve. Coverage includes hull coverage on specified owned aircraft and non-owned aircraft as well. |
| Schedule of Insured Aircraft: |
Owning |
| FAA # |
Year |
Manufacturer |
Model |
Agency |
| N5000U |
1979 |
Cessna |
414A |
Forestry |
| N9000V |
1984 |
Partenavia |
P 68 Observer |
Forestry |
| N756CZ |
1979 |
Cessna |
TR182 |
State Police |
| N77CR |
1976 |
Cessna |
U206F |
State Police |
| N93055 |
1976 |
Cessna |
A185F |
State Police |
| N2859K |
1979 |
Cessna |
180K |
State Police |
| N185SC |
1981 |
Cessna |
185F |
State Police |
N97182
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1982
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Cessna
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TU206G
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Aviation Dept.
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Limits of Liability:
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- $25,000,000 Combined Single Limit Bodily Injury and Property Damage, including Excess Non-owned Aircraft Liability
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Exclusions:
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- Mechanical Breakdown/Wear & Tear/Ingestion
- Loss to use, Depreciation
- Conversion, Embezzlement, Secretion
- Others per policy form
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| Carrier: |
Westchester Fire Insurance Co. |
| Policy Number: |
AACN00982350001 |
| Deductible: |
$1,000 Non-owned physical damage legal liability for each and every claim |
Effective Date:
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March 1, 2005-06 |
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| Dishonesty Liability |
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| Type of Coverage: |
Primary and Excess Public Employees Dishonesty and Outside Agents Dishonesty Bond |
| Named Insured: |
The state of Oregon, its Branches, Institutions, Departments, Boards or Commissions, including SAIF Corporation |
| Description of Coverage: |
Covers the dishonest acts of all employees of the state of Oregon (including designated outside agents.) Coverage is provided for the loss of money, securities and other property. The coverage also includes State Treasurer, elected or appointed officials, members of boards or commissions and volunteers. |
| Limits of Liability: |
Primary-$10,000,000 Employee Theft-Per Loss
$10,000,000 Computer Fraud
$10,000,000 Funds Transfer Fraud
Sublimit-$250,000 Designated Agents
Excess - $10,000,000 Per Occurrence |
| Deductable: |
Primary - $350,000
Primary - $10,000 Designated Agents
Excess - $10,350,000 (Underlying policy limit) |
Primary Carrier:
Policy Number:
Excess Carrier:
Policy Number:
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Fidelity & Deposit Co.
CCP 0061208 01
Travelers Casualty & Surety Co.
103668273
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| Premium: |
$943,737 |
| Effective Date: |
July 1, 2005-08 |
| Conditions: |
Cancellation of coverage to any employee immediately upon discovery, by State Services Division, Risk Management, of a dishonest act committed by that employee whether before or after becoming employed by the state. |
Territory:
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Acts committed or events occurring anywhere in the world. |
| Definition of Employee: |
Any person while employed with the state including 30 days after termination; any person whom the state has the right to direct and control while performing services; any person that is employed by an employment agency while their services are being directed and controlled by the state except while having care of state property outside the premises. |
| Designated Agents: |
OLCC liquor agents
Certain Agricultural Commodity Commissions |
| Exclusions: |
- Legal expenses incurred
- Employee or outside agent canceled under prior insurance
- Inventory shortages
- Loss caused by any employee required by law to be bonded
- Faithful performance
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Notice of Claim Requirements:
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Notice of a claim after discovery of a loss must be reported to the Broker of Record within 30 days after notification is received by Risk Management. |
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