HomeMy WebLinkAboutCC AG PKT 2008-01-14 #K
. AGENDA REPORT
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.
DAlE: January 14, 2008
TO: Honorable Mayor and Members of the City Council
TIIRU: David N. Carmany, City Manager
FROM: June Y otsuya, Assistant City Manager
SUBJECT: CJPIA Property Insurance Program
SUMMARY OF REQUEST:
City Council is requested to receive and file information regarding the City's insurance coverage
through the California Joint Powers Insurance Authority (CJPIA) All Risk Property Insurance
Program.
DISCUSSION:
The City of Seal Beach is currently a member of the California Joint Powers Insurance Authority
(CJPIA). The Authority provides many services to its member agencies including risk
management organization, loss control, operational audits and general insurance administration.
Through its insurance broker, Alliance Insurance Services (AlS), the Authority offers a variety
of coverage programs including Liability Protection, Workers Compensation, All Risk Property
Insurance, Environmental Insurance, Crime Insurance, and Special EventlUser Liability. The
City of Seal Beach participates and benefits from each of these pool insurance programs as well
as additional coverage for Excess General Liability, Excess Workers Compensation and
Watercraft Insurance through AlS. .
Provided for Council information is the CJPIA 2008 Property Insurance Coverage. Over 100
Authority members participate in the commercially insured property program. Covered items
include scheduled buildings, office equipment and furniture, vehicles and maintenance
equipment, and property of others while in the care, custody and control of the member, and
member buildings in the course of construction.
In 2007, CJPIA described the property insurance marketplace as continuing to be termed "the
worst property insurance marketplace in twenty-five years." The poor overall market conditions
led to premium increases in almost every line covered by the program and the earthquake and
flood limits were reduced to $75 million. This year, the property insurance marketplace has
improved dramatically since last year's very difficult environment. Rates decreased by almost
25% for all risk coverage and 19% for earthquake coverage. Furthermore, there are substantially
Agenda Item It
January 14,2008
City Council Agenda Report-CJPIA Property Insurance Program
Page 2
higher coverage limits of $200 million provided for members participating in the earthquake and
flood coverage program.
FINANCIAL IMPACT:
There is no additional financial impact as insurance premiums are provided for in the City
budget account.
RECOMMENDATION:
City Council to receive and file information regarding the City's insurance coverage provided
through the CJPIA All Risk Property Insurance Program.
Submitted by:
~~,._ J
.(. -
J e Y ots a, Assistant City Manager
NOlED AND APPROVED:
C)-~
David N. Carmany, CiJ Manager
Cc: Property Insurance Program Coverage
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PROPERTY INSURANCE
PROGRAM RENEWAL
January 1, 2008
to
January 1, 2009
CITY OF SEAL BEACH
.
CALIFORNIA
j'P'I'A
Presented by:
.
A)4jl' t
ALLIANT INSURANCE SERVICES, 1Ne.
DlUVERSPECIALTY GROUP ran
CALIFORNIA JPIA .
8081 Moody Street, La Palma, California 9lKi23
January 1,2008 P08
(Supersedes P 07)
PROGRAM: All Risk Property IDsDrance
Scheduled buildings, cootents, garaged vehicles, ccntractor's equipment, fine arts, rental
income and other miscellaneous extensioas of coverage (excluding earthquake & flood).
S PROTECTION
PERIOD: January 1,2008 to July 1,2009 at 12:01 a.m. Pacific Time
LIMITS: S500 MIllion per occurrence
DEDUCTIBLE: S5,OOO PER OCCURRENCE
PREMIUM: S0.0211 per SIOO ofIasured Values
U COVERAGE IS WRITIEN AT REPLACEMENT COST
PROGRAM: Earthquake ADd Flood lDsurance (optioalll)
LIMITS: S200 MIllioD per occurrence
DEDUCTlBLES: EARTHQUAKE (per unit of value) 5% (SIOO,OOO min.)
FLOOD (per unit of value) S100,OOO
M PREMIUM: SO.4341 per SIOO oflnsured Values
COVERAGE IS WRIITEN AT REPLACEMENT COST
PROGRAM: BoDer ADd Machinery IDsDrance (optioaal)
Objects and equipment as defiDed by the policy.
LIMITS: SIOO MIllioo per occurrence .
M DEDUCTIBLE: S5,Ooo PER OCCURRENCE
PREMIUM: SO.007 1 per SIOO ofIasured Values
COVERAGE IS WRIITEN AT REPLACEMENT COST
PROGRAM: Emergeacy Vehicles Physical Damage (optioaal)
(compreheasive and colliSion) Fire trucks, panunedlC vans and ambulances.
A DEDUCTIBLE: S5,OOO PER OCCURRENCE
PREMIUM: SO 2631 per SIOO ofInsured Values
COVERAGE IS WRIITEN AT STATED VALUE
PROGRAM: All Other Vehicles Physical Damage (optioaal)
(compreheasive and collision)
R DEDUCTIBLE: SI,OOO PER OCCURRENCE
PREMIUM: SO.5911 per Sloo oflnsured Values
COVERAGE IS WRITIEN AT STATED VALUE
COVERAGE: The above rates will be subject to a brokerage and
NOTE administrative fee of 0.005% ofinsured values
y
REMEMBER TO REPORT ACQUISITIONS OF NEW REAL AND PERSONAL PROPERTY.
THE ABOVE IS A SUMMARY ONLYI
IT DOES NOT MODIFY THE INSURANCE POLICY.
FOR FULL COVERAGE DETAILS SEE COPY OF POLICY
ON J1ll.E AT THE CALIl10RNIA JPIA OFFICE.
EFFECTIVE JANUARY 1, 2008
.
Rev: I2I2JJ/07
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1
IllAlliant
CALIFORNIA JPIA
PROPERTY INSURANCE PROGRAM
SCHEDULE OF INSURERS
JANUARY 1,2008 TO JANUARY I, 2009
.
ALL RISKS (EXCLUDING EARTHOUAKE AND FLOODl-Limit: 1500.000.000 Per OccIIITMCJI
POLICY tI08PYOM0833
Admitted
AA+, Stable FinanCial Security
A+, Supenor, FinanCIal Size Category 15;
Greater !ban $2,000,000,000
EXCESS ALL RISKS (EXCLUDING EARTHOUAKE AND FLOOm
LEXINGTON INSURANCE COMPANY
$10,000,000
California Status:
Standard & Poor's Rating:
Best's Guide Ratiag:
RSill INDEMNITY COMPANY
$90,000,000 Excess $10,000,000
POLICY #NHD414207
(CE1lR1JYJ8 CE1ITBaFtJll PED'01IJD NOdRD'.4ND
1JJJIlAI.FONLY)
RSill INDEMNITY COMPANY
$90,000,000 Excess $10,000,000
POLICY #NHD4142O!J
(iULLOCiIF1ON8EXr:EPf'CCFPA .1JJJIlAI.p))
RSUlINDEMNITY COMPANY
$400,000,000 Excess $100,000,000
California Status.
Standard & Poor's Rating:
Best's GUIde Rating:
POLICY #lNllD414210
(AlL LOCl710NS)
Admitted
A-, Negative Financial Security
A, Excellent, Financial Size Categmy 11;
$750,000,000 to $1,000,000,000
.
BOILER & MACHINERY - Limit: $100.000,000 Per Accident
Admitted
AA Stable Financial Security
A++, Superior, Financial Size Category 15,
Greater !ban $2,000,000,000
EARTHOUAKE AND FLOOD - Limit: 175.000.000 Annulll AtltUfIHte
PACIFIC INDEMNITY COMPANY (CHUBB
GROUp)
$100,000,000
Californ.a Status:
Standard & Poor's Rating:
Best's Guide Rating
POLICY #7640-00-36
TOWER A
Limit: 125.000.000 Primarv LalIer:
LEXINGTON INSURANCE COMPANY
$25,000,000
California Status:
Standard & Poor's Rating:
Best's Guide Rating'
POLICY # 08PYOM0833
Admitted
AA+, Stable Financial Security
A+, Superior, Financial Size Category 15;
Greater !ban $2,000,000,000
.
Page 1
AII'.n. in"uduc", Sentcc,. In< . 130i 1l00c ~uccL SUIl< 2ll0. Newport BCoiCh. C'A 92660
Phonc 949-756-0~7J . Fax 949-756-2713. WW\\ aihanlinsurallcc com. [,ccnse No OC36861
.
TOWER B
Limit: 525.000.000 PrlmIInI Laver:
LEXINGTON INSURANCE COMPANY
$25,000,000
California Status:
Standard & Poor's RB1ing:
Best's Guide Rating:
EXCESS DIe INCLUDING EARTHOUAKE & FLOOD
-AI/iant
POLICY # lI8PYOM0833
Admitted
AA+, Stable Financial Security
A+, Superior, Financial Size Category 15;
Greater than $2,000,000,000
Limit: $15.000.000 llDotlOD {Combined for Tower A &: Bl EJu:_ of $15.000.000
ENDURANCE AMERICAN SPECIALTY INS. CO.
$10,000,000
California Status:
Standard & Poor's RB1ing:
Best's Guide RatIng:
.
EMPIRE INDEMNITY INSURANCE COMPANY
$5,000,000
CalIfornia Status:
Standard & Poor's Rating:
Best's Guide Rating:
PRINCETON EXCESS &: SURPLUS LINES
INSURANCE COMPANY
$5,000,000
Caltfornla Status:
Standard & Poor's Rating:
Best's Guide Raltng
AXIS SURPLUS LINES INSURANCE COMPANY
$5,000,000
California Status:
Standard & Poor's Rating:
Best's Guide Rating.
POLICY#TBD
Non-AdmItted
A, Stable Financial Security
A, Excellent, Financial SIze Category 15;
Greater than $2,000,000,000
POLICY#TBD
Non-Admitted
AA-, Stable FinanCIal Secunty
A, Excellent, Fmancial Size Category 15,
Greater !ban $2,000,000,000
POLICY#TBD
NOD-Admitted
AA-, Stable Financial Security
A, Excellent; Financial Size Category 15;
Greater than $2,000,000,000
POLICY # TBD
NOD-Admitted
A+, Posillve Financial Security
A, Stable, Financial Size Category 15;
GreBler than 52,000,000,000
Limit: $15.000.000 Rootloo {Combilled for Tower A &: Bl Il_~ of550.000.000
.
WESTCHESTER SURPLUS LINES INS. CO.
$10,000,000
California Status:
Standard & Poor's Rating.
Best's Guide RB1ing:
POLICY # TBD
NOD-Admitted
A+, Stable fmancial Security
A+, Superior, Financial Size Category 11;
$750,000,000 to $1,000,000,000
Page 2
AlholDt In,,,r.nee Sel\le... Inc. 130\ Llocc <;lIeet SUIte 200. Newport l3e.eh. {'A 92660
Phone 949-756-0271. Fa., 94'1-756-2713' wW\\.alll.nllnsuran"" com. LIcense No OC36861
EMPIRE INDEMNITY INSURANCE COMPANY
$10,000,000
California Status:
Standard & Poor's Rating:
Best's Guide Rating.
AXIS SURPLUS LINES INSURANCE COMPANY
$5,000,000
California Status:
Standard & Poor's Rating:
Best's Guide Rating:
aAlliant
.
POUCYIITBD
NOD-Admitted
AA-, Stable Financial Secwity
A, Excellent; Financial Size Categol}' 15;
Greater !ban $2,000,000,000
POUCYIITBD
NOD-Admitted
A +, Positive Financial Security
A, Stable, Financial Size Category 15;
Greater !ban $2,000,000,000
Limit: 125.000.000 RoofWlJ (Combined for Tower A & B) Excesa ofI75.000.000
PRAETORIAN SPECIALTY INSURANCE CO.
$ 1 0,000,000
California Status.
Standard & Poor's Rating:
Best's Guide Rating:
WESTCHESTER SURPLUS UNES INS. CO.
$10,000,000
Califonlla Status:
Standard & Poor's Rating:
Best's Guide Rating
GLENCOE INSURANCE LTD.
$5,000,000
California Status.
Standard & Poor's Rating:
Best's Guide Ratiag.
POUCY II TBD
NOD-Admitted
A, Positive Financial Security
A-, Stable, Financial Size Categol}' 10;
$500,000,000 to $750,000,000
POUCY II TBD
Non-Admitted
A, Stable Financial Security
A+, Supenor, Financial Size Calegol}' 11;
$750,000,000 to $1,000,000,000
.
POUCY II TBD
NOD-Admitted
Not Rated
A-, Excellent. Financial Size Categol}' 10;
$500,000,000 to $750,000,000
Limit: 150.000.000 RooflolJ (Combined for Tower A & B) Jlwoesa ofSl00.000.000
UNDERWRITERS AT LLOYDS
$30,000,000
California Status:
Standard & Poor's Rating:
Best's Guide Rating:
EMPIRE INDEMNITY INSURANCE COMPANY
$15,000,000
California Status:
Standard & Poor's Rating'
Best's Guide Rating:
POUCYII TBD
Admitted
A, Positive Financial Security
A, Excellent; Financial Size Calegol}' 15;
Greater than $2,000,000,000
POUCYII TBD
Non-Admitted
AA-, Stable FinanCial Security
A, Excellent; Financial Size Categmy 15;
G"'aler!ban $2,000,000,000
.
Page 3
Alh,lnt In,uronec Senlee", In. . \301 OO\e ~lreet. SUIIe 200. Nc"port Beach. C'A 92660
Phone 9.\9-756-0271. F,L' 949-756-2713. ,,~"" alhanlln,urnnco com. LIcense No 006861
.
ENDURANCE AMElUCAN SPECIALTY INS. CO.
$5,000,000
California Status:
Standard & Poor's Rating:
Best's Guide Rating:
IlfAlliant
POLICY ## TBD
NOD-Admitted
A, Stable Financial Secmity
A, Excelleat; Financial Size Category IS;
Greater !ban 52,000,000,000
Limit: SSO.OOO.OOO RoofIDD (Co""''''"d for Tow. A d: BI Ela:f!S5 ofSlSO.OOO.OOO
EMPIRE INDEMNITY INSURANCE COMPANY
$20,000,000
California Status:
Standard & Poor's RatIng:
Best's Guide Rating:
UNDERWRITERS AT LLOYDS
$30,000,000
California Status.
Standard & Poor's Rating:
Best's Guide Rating.
POLICY ## TBD
NOD-Admitted
AA-, Stable Financial Secmity
A, Excelleat; Financial Size Category IS;
Greater !ban $2,000,000,000
POLICY ## TBD
Admitted
A, Positive Financial Security
A, Excellea!, Financial Size Category IS;
Greater !ban $2,000,000,000
.
· AllIant .mbrac.. a polley of transparency with re.pect to its compensationfrom insuranc. transactions
Details on 011I' compensation polley, including the types of Incom. that AllIant may .arn on a placem.n~ are
""ailabl. on 011I' w.bs,t. at www all,antlnsuranc. com For a copy of our policy or for any l1lquin.. regarding
compensation ....... pertainrng to your account you may also contact IU at Alllant Insurance ServIC.... Inc .
AtI.ntlon Chl.fFl1lanclaIOffic.r, 1301 Dave Stre.t. Suit. 200, NewportB.ach, CA 92660
A M B..t has an ext.nsive database of n.arly 6. 000 Life/H.alth, Property Casualty and International compani..
You can visit them atwwwamb..tcom
For addltionallriformatlon regarding Insur.r finonclal.trength rating. v..it Standard and Poor'. w.bsit. at
www.tandardandpoor.com
To I.arn more about compani.. doing blUl1l... 111 CoIifornia. VISit the Californra Department of I1I&1I7Q1lC.
webs,te at www ;1LfIII"Qnce ca.gov
Alliant .mbrace. a polley of transparency with re.pect to Its compensationfrom i1lS1lrance transactions. Details
on 011I' compensation policy, including the types of incom. that Alllant may .arn on a plac.ment, are availabl.
on our w.bs,t. at www alllan/lnsuranc. com For a copy of OUT polley or for any inquin.. regarding
compensation is..... pertalnrng to your account you may also contact u. at. Alllant Insurance Servlc... Inc..
Attention' Chl.f Financial Offic.r. 1301 Dov. Stre.t. Sui" 200, Newport B.ach, CA 92660
.
Page 4
AlhJntln'lUr.nee Senlce.. Ine . 1301 ()O\e ~I=L SUlle 2011. Newport Beuch. C'A 92660
Phonc 949-756-0271' Fa., 949-756-2713' \\w\\ nlltanltnsul'llJ,ce com' LI<cnse No OC36861
ISSUE OATE (M""""""l
e
ALLlANT INSURANCE SERVICES, INC.
P.O. Box 6450
Newport Beach, CA 92658-6450
(949) 756-0271
Lexmgton Insurance Company - Pnmary Company
Excess Camers on Schedule on File WIIh California JPIA
caE
.........
INSURED
California JPIA and Its Member:
Coty of Seal Beach
211 EI9hth Street
Seal Beach, CA 90740-6379
Attn Risk Manager
UlAN .......
--
08PVOM0833
EFFEC'I1VI DATI (MMIDCM')
01/01/08
CONT UNTIL
TERMJNATED
IF CHECICED
o
TIn REPLACES PRIOR EVIDENCE IM.TED:
"P.~IN~T!ONllM~::tMt~!!>~~ _ - ,
LDCA11ON1 DESCRIP11DN (AS RESPECTS. WHEN APPlJCAElLE. REPLACEMENT COST APPUES TO ALL REAL AND PERSONAL PROPERTY, AND STATEDVAWEAPPUES mALL
VBICLES OR EMERGENCY'VEHICI.D.)
2001 Chevrolet S 1 0 4x4 S#1 GCCT19W8281 00353 $25,000
2001 Chevrolet S10 4x4 S#1 GCCT19W3281 00373 $25,000
2001 Chevrolet S10 4x4 S#1GCCT19WX28101820 $25 000
2001 Chevrolet S10 4x4 S#1 GCCT19W1281 00923 $25 000
2002 Chevrolet Avalanche 4x4 S#3GMEK13T02G119717 $37,000
\'COVERAGE_INF.OlUlAlIONhl:.~~~~~~~~.~~~{fI>
COVERAGEI PERU, FORMS
All RISk Property Insurance - I.Jmots Per Occurrence - Replacement Cost
Subject to Policy ExcIUSJona
(Earthquake and Flood are ExcIuded_)
Sub-l.Jmrts apply aa follows (but not Ilmrtsd to)
$50,000.000 Cou.... of Construcbon
$ 2,500,000 Newly ",",ulred Property (not reported In 120 days) unnamed loCBbona
$ 250,000 Newly AcqUired Fine Arts
$ 500,000 Animals
$ 10,000 Llmll8d Mold - $100,000 I.Jmrtsd Mold Aggregate I.Jmrt
EARTHQUAKE AND FLOOD ARE COVERED ONLY IF INDICATED AIIOVE, AND APPLIES PER PROPERlY
SCHEDULE ON FILE WITH INSURANCE COMPANY
$500,000,000
.
.
-,REMARKlI;{1Jl_Iri8:8tIec*I'CondlllilriS)~1~~""':tir~<~~~~~_1M.--'
. Daducllbl..:
EsJIhquako - a% of comblnsd IDIal valu.. pe''''''''' _ subJect to a mInimum __bIB of $100,ooa
F_ . $'00,000 pa' Occummce
Vehicle COmprehenelYe and CoIllalan .. $t,OOO P8r OccumJnce
Emerv-ncy Vehicle ComprehB..1v8 and CoInllon .. SS.ODD Per DccurrenCd
All Other ParDa - $5.000 Pe, Oecum...
NOTE: SUBJECT TO POUCY TERMS, CONDmONS AND EXCLUSIONS.
:..~1:A1lON~.? ' . ~i:llIi~~'
THE POLICY IS SUBJECT TO lliE PREMIUMS, FORMS, ANO RULES IN EFFECT FOR EACH POLICY PERIOD SHOULD THE POLICY BE TERMINATED,
THE COMPANY WILL GIVE lliE ADDmONAL INTEREST IDENTIFIED BELOW 11II CAYS WRITTEN NOTICE. AND WILL SEND NOTIFICATION OF At<<
CHANGES TO THE POLICY THAT WOULD AFFECT THAT INTEREST, IN ACCOROANCE WITH lliE POLICY PROVISIONS OR AS REQUIRED BY LAW
SUBJECT TO 10 DAYS NOTICE OF CANCELLATION FOR NON-PAYMENT OF PREMIUM
Chevrolet Motor DIVISion
General Motors Corporation
515 Main Street, Ste 101
Thousand Oaks, CA 91360
...
"~~I~.oa'~1! .
NAME AND ADDRES'
D ADDITlONAL INSURED
(OTHER)
.
;;;E"~IC'"V~~~~'J!" !'"31~~...~
SlGNAtuREOFAII1HORIZEDAGENTOF C(UtANY
--P~ /M ~
""'l)..~~ !i.~...
GUP\JnIl\CJPlA~CERTSLCert-pn doc
.
ISSL6 ~TE (MMIttWV)
AWANT INSURANCE SERVICES, INC,
POBox 6450
Newport Beach, CA 92658-&450
(949) 756-0271
CODE IU8<:aIIE
I__
California JPIA end Its Member
CrIy of Seal Beach
211 Ei9hth Street
Seal Beach, CA 90740-6379
Attn. Risk Manager
Lexmgton Insurance Company - Pnrnary Company
Excess Carners on Schedule on File WIlh California JPIA
LClAN ._
I'lIUCY__ER
08PVOM0833
EFFECIM! DAtE (uMlOCV'tY)
01101108
EXPIRA110N DATE (MMIDCIVY)
01101109
o
1111I REPUCEI PRlDREVlDmtCE DATED:
!~II!~TIOII:l,;r-~':t'..,-*',!,~~.W~r. .
LOCATION I DESCRIPtION CAS REBPECrS. WHEN APPL.ICAIILe. REPLACEMENT COST APPUES TO ALL REAL AND PERSONAL PROPERlY. Afl)ITATEDVALUEAPPUES 10 ALL
VEHICLES DR EMERGENCYVEIOCLE8.)
Orange Coast Markebng Coallhon lifeguard Vehicle Sponsorship Agreement for use of four Chevrolet S 1 0 trucks valued at $23,000
each and one Chevrolet Blazer valued at $32,000 on vehlde schedule on file With the company
.
_COVERAGE.INFORMA~~~'i'".1l<~~~:'f~lo5.~""
COVERAGE I PERI.IIFO_
All RIsk Plllperty Insurance -lima Per 0=",,11CC - Replacement Cost
SubJOCl to PoliCY El<dUSlans
(Earthquake and Flood are Included_)
Sub-Lima apply as follows (but not limited to).
150,000,000 Caursa of Construcban
I 2,500,000 Newly AcqUired Plllperty (not reported In 120 days) unnamed locat.ans
I 250,000 Newly Acqul18d Fin. Arts
I 500,000 Ammals
I 10,000 Limited Mold - 1100,000 lIml\8d Mold Aggregalll lImrt
EARTHQUAKE AND FLOOD ARE COVERED ONLY IF INDICATED ABOVE, AND APPLIES PER PROPERTY
SCHEDULE ON FILE WITH INSURANCE COMPANY.
$500,000,000
.
.REIIARKS(lnckidliiif.SpocWCaIIdItI_~~~"'.lT<:'~~~fPlf:..~~~~.1-~~j<.
. Daduoll_'
Earthquake. 5% or comblnad _,,'ulS per COV8nd location .ub/act to. minimum dad_bl. or l1oo,lHlD
Flood - l100,Doo per OccuInlllCll
V.hlcl. Comp_..... CoJIJaIon - 11,DDD Par O...na....
Emergency V.hlcle Comp..h....1ve and COIIIIIIDn . Is'OOO ParOCcwrancaa
All oth.r P.""- II,DDD Par Occumnu:a
NOTE: SUBJECT TO POLICY TERMS, CONDmONS AND EXCLUSIONS.
;!WI<:',-".!! ~1\.OL~""
~!~~
THE POLICY IS SUBJECT TO THE PREMIUMS, FORMS, AND RULES IN EFFECT FOR EACH POLICY PERIOD SHOULD THE POLICY BE TERMINATED,
THE COMPANY WIll. GIVE THE ADDI110NAL INTEREST IDENTlFIEO BELOW Il!l DAYS WRITTEN NOnCE, AND WIll. BENO NDnFICAnON OF ANY
CHANGES TO THE POLICY THAT WOULD AFFECT THAT INTEREST, IN ACCORDANCE WITH THE POLICY PROVISIONS OR AS REQUIRED BY LAW
SUBJECT TO 10 DAYS NonCE OF CANCElLAnON FOR NON-PAYMENT OF PREMIUM
.
Chevrolet Motor DIVISion, General Motors
Corporation, a Delaware Corporation
AIIn R.ck Srtek, Regional Truck Menager
515 Main street, Ste 203
Thousand Oaks, CA 91360
"'"
...
~~~~~~.
IlAIIE AND ADDRESS
D ADDmONAL INSURED
LOSS PAYEE ~
(OTHER)
~v-~~~......~~~~~.
.GNAlURE OF AU1HORIZEDAGENTDP =-w<<
~~ /M- ~
. ..{:~-~~t~~~~~~
G ~PUnl\CJPIA\P"'p..t..'-CERTS\..."""""....
ISSUE D.6.TE (MWDCftV)
.
AlLIANT INSURANCE SERVICES, INC
POBox 6450
Newport Beach, CA 92658-M50
(949) 756-0271
Lexington Insurance Company - Primary Company
Excess Camera on Schedule on File WIth Callfomoa JPIA
CllllE ......,.,.
INSURED
Califomla JPIA and Its Member:
City of Seel Beech
211 Eighth Street
Seel Beach, CA 9074ll-6379
AlIn. Risk Manager
EFFEC'IIVE DAm (MMIllI>VY)
01/01/08
CONT lJI/T1L
TERMINATED
IF QiECKEO
o
.......UIIIIEIl
PllUCY NIIIIIER
oaPVOM0833
,PRClP,!iR1Y.IN!'O~llON"~<:"~f~~~ _
LDCA110NI DESCllPIION lAB RESPECrS. WHEN APPI.ICABLE" REPlACEIENT COST APPUEB TDALL REAL AND PERIONAL ~..., AND ITATEDVALUEAPPLIEI TO ALL
VEICl.ES DR EllERGENCYVEIELES)
Lease WIth Option to Purchase Agreement #Ol-{)26-AF for Mechanical Retro Fit Equipment per property schedule on file WIth
company RentallntarruptJon IS Included for 12-months
;COVERAGEIN~llON:'1'~~~~~j!.{.iJ'1,t(~~:~~,<~
COVERAGE I PERILS IFORMS
All RIsk Property Insurance -limits Per Occurrence - Replacement Cost
SubJCCIto PoIrcy ExclUSionS
(Earthquake and Flood are ExcIuded_)
Sub-lImlls apply as fOllows (but not III11I\Bd to)
$50.000,000 Cou"", of Construcbon
$ 2,500,000 Newly AcqUired Property (not reported In 120 deys) unnamed Iocabons
$ 250,000 Newly AcqUllft Fine AIls
$ 500,000 Animals
$ 10,000 lIml\Bd Mold - $100,000 Llmdsd Mold Aggregate Llm~
EARlHQUAKE ANO FLOOD ARE COVERED ONLY IF 1N0lCAlEO ABOVE, AND APPUES PER PROPERTY
SCHEOULE ON FILE WITH INSURANCE COMPANY.
,.
$500,000,000
.
.
i,REIIARK8'(Incliidbig.Sji8cIod_~dIIIcin8).';~;'~'$~"~4i.~;;l.."l'i ;jo.o!l:~~~ ~
. Oed.cUbl..:
Eartl\quake -1% of comlunlHl total valu_ ptlr coventc:llocldlon subject to . mlnbnum deductible of StOO,OOO
Flood - 1100.000 per Occ:ullllnce
Vehicle Comp..henalve and CoU18lon - 51.000 Per Occurrence
Emergency Vehicle Comprehlnalve and CoIOllon _ $5,000 Per Occurnmc:a
All Other PeIIII - $S.ODO Per OcCUlIIInce
NOlE. SUBJECT TO POUCY lERIIS, CONOmeNll ANO EXCLUSIONS.
-~C_EI!~~'ii.~;:,s~,.,t~~~
THE POLICY IS SUBJECT TO THE PREMIUMS, FORMS, ANO RULES IN EFFECT FOR EACH POLICY PERIOO SHOULO THE POLICY BE lERMINATEO,
THE COMPANY WIll GIVE THE ADOmONAL INTEREST 10ENTlFIEO BELOW 911 DAYS WRITTEN NOTICE, ANO WILL SENO NOTIFICATION OF A~
CHANGES TO THE POLICY THAT WOULO AFFECT THAT INlEREST, IN ACCORDANCE WITH THE POLICY PROVISIONS OR AS REQUIRED BY LAW
SUBJECTTO 10 DAYS NOTICE OF CANCELLATION FOR NON-PAYMENT OF PREMIUM
.
1MJ.!!!J1.!l~l~~;:~m~"
NAME ANO ADORESB
D ADDITIONAL INSURED
City NBtlonal Bank
c/o MUnlapal Finance Corporation
Attn DIXie Matte
23945 CBlabasas Road, ste 103
Calabasas, CA 91302
:'Ull--vnh'~"'Q'""'"':lJ;'~.~.~~
LOSS PAYEE ~
(OTHER!
.
j
, ;! - ,..... "'~,~ -..'" ~-, ...' ,~~. '" .~o -.... {'i-.j.
G UPUniIICJPIA__CERTS\.c.n,.. doc
.
~'::~_: '. ;.::::VIIJEfl.." .b'ii!:f' ~Ci"',E-'
1r.;;~ .,' , . Mil ')/'IK.""i'I :.li
~ - ~:;>'i';II;:'1i""r~3;.. . . _ , 12/18107
THIS IS EVIDENCE THAT INSURANCE AS IDENTIFIED BELOW HAS BEEN ISSUED, IS IN FORCE, AND CONVEYS All
THE RIGHTS AND PRIVilEGES AFFORDED UNDER THE POLICY
- ~
ALlIANT INSURANCE SERVICES, INC.
P.D Box6450
Newport Beach, CA 92658-M50
(949) 756-0271
ISSUE DA.iE (MUIDCNY)
leXIngton Insurance Company - Pnmary Company
Excess Camers on Schedule on File with Cahfomia JPIA
COllE IIIacllIIE
INSIIRI!II
Callforrna JPIA and its Member
City of Seal Beach
211 Eighth street
Seal Beach, CA 90740-6379
Alln. Risk Manager
LlIAN_
PClUCY_
OSPVOMOS33
I!FFECI1VE DATE (MMlOCM')
01/01/08
ElII'IRA11ClNDATE(MMIIlDYY)
01/01109
CONT UNTlL
TERMINATED
IF CHEa<ED
o
THIS REPLACES PRlDREVlDENCE 1MlED:
~~P!5IWINFQ!gIAlIOIIJ~'!Ii:~"I\J;.~'Ml!f.'.ii.:.fp21,";i~~"VJ:, ~
LOCA11ON1 DESCRlP'IIDN. CAS RESPECI'I. MEN APPL.JCABL.E" REPUCEMBn'C08T APfIUI!S JDALLJlULMDPERSDfW.JIJIGPEJIJY.ANDITA1EDYALUEAPPUEB TOAIJ.
VEIUCLES OREMERGENCYVEHICU!LI .
lease wrth Option to Purchase Agreement #01-026-AF Amended and Restated as of January 4, 2002 for Mechanical Retro Frt
EqUipment per properly schedule on file wrth company. RentallnterruplIon is Included for 12-months
.
:COVERAlJEIN"ORMA1ION~~~~~.o:o\m~-~~ ~.
COVERAGEI PERILS' FORIIB
All RISk Property Insuranes - Lima Per Occunence - Replacement Cost
Subj8C\ to PolICY ExcIus,ons
(Earthquake and Flood are Excluded.)
Sub-l.Jmlts apply as follows (but not limited to)
$50,ooo,DOo Course of Construcbon
$ 2,500,000 Newly AcqUired Property (not reported m 120 days) unnamed localJons
$ 250,000 Newly AcqUired Fine Arts
$ 5Oo,oDO Animals
$ 10,000 I.Jmded Mold - Sloo,DOo I.Jmltad Mold Aggregate I.Jnut
EARTHQUAKE AND FLOOD ARE COVERED ONLY IF INDICATED ABOVE, AND APPUES PER PROPERTY
SCHEDULE ON FH..E WITH INSURANCE COMPANY.
_OF_
$500,000,000
.
i~(IncIiadJ...:..........coilillllOlIIi)J"'~~ -;;',!!l.;\:';1.;J~~;<>
. --:
Earlhquaka. 5% of comb,nod 1DIe1...... po< _ 1"-. eubJacl to e ml.lmum deducllblo or $100,DOO
Flood - $100.000 pili' OccurTence
Vehicle Comprehensive and CoIII8lon . S1.o00 Per Occurrence
Em_ncy Vohlcl. C.mpnh...... and C.II..,.. - Sl,OOO Par Occu...__
All other PerIls. ss.ooo Per Occunwnce
NOTE: SUBJECT TO POUCY TERIIS, CONDlnoNS AND EXCLUSIONS
.CW'!;EI;I:A--"l! ,~ 1\1l:i!l ":~~ -,
THE POLICY IS SUBJECT TO THE PREMIUMS. FORMS, AND RULES IN EFFECT FOR EACH POLICY PERIOD SHOULD THE POLICY BE lERMINATED,
THE COMPANY WILL GNE THE ADDmONAL INTEREST IDENTIFIED BELOW gg DAYS WRITTEN NOTICE. AND WILL SEND NOTIFICATION OF ANY
CHANGES TO THE POLICY THAT YlOULD AFFECT THAT INTEREST, IN ACCORDANCE WITH THE POUCY PROVISIONS OR AS REQUIRED BY LAW
SUBJECT TO 10 DAYS NanCE OF CANCELLATION FOR NON-f:'AYMENT OF PREMIUM
~
. ,
.tf~~1I\
,
~~~,...~.~
NAME AND ADDRESS
D ADIIITIONALI~
.
City Nabonal Bank
c/o Mumapel Finance Corporabon
Attn Dooe MBIIe
23945 CalabBsBs Road, Sle 103
CalBbBsas, CA 91302
(OTHER)
~lI""4Jg,
IIGNA.1URE OF AVI1IDRIZED AGENTOFCO..-ANY
-f/~ /M" ./
!I!"~"'-='..
.._......~~~
G u....tCJPIA""-It\.CERTS\..""""" doc
ISSUE OATE (IIM1ODVYJ
.
ALLlANT INSURANCE SERVICES, INC
POBox 6450
Newport Beach, CA 92658-6450
(949) 756-0271
ClIlE IlB<:ODE
INSURED
Callfomla JPIA and its Member.
City of Seal Beach
211 Eighth street
Seal Beach, CA 90740-6379
Attn: RIsk Manager
LeXIngton Insurance Company - Pnmary Company
Excess Camers on Schedule on File WIth Callfomla JPIA
EFFEClM! IIATE (MMIODVYJ
01101108
POUCY_
08PYOM0833
.......NU_
na REPLACES PRIOR EVIDENCE DATED'
o
L.P_~,"FORIIA'tIQJj~t:,~.t14:r:;!$...~"" ~ ~. ."
UDlTlONI DESCRIPTION (AS RESPEC1'S. WHEN APPLICAIILE. REPLACEMENT COST APPUES TO ALL REALAND PERIONAL PhOrdO"t, AND STAtEDVALUI!APPUES TDAlL
VEHICLES OR. ElERGENCY'VEHICLES.J
2002 Chevy TrallblazerVIN# lGNDT13S722144400. Und 5100, 1998 Chevy 5-10 truck VIN# lGCCT191N9W8233791 - Unl15110,
2001 Chevy 8-10 truck VIN# lGCCTl9W1281oo923 - Unrt 5120, 1998 Chevy 5-10 truck VlN# lGCCTl9W8W8234625 - Und 5130,
1998 Chevy 8-10 truck VlN# lGCCT19W4W8235965 - Unit 5140
-.COYERAGE INl'ORllA1'IOIfIUF. ~J<~:..' .tAl.,~iln.-~:i'r.t.~;1 :~~~1(\_
COVERAGE, PERILS IfO
All Risk Properly Insurance - Llmlls Per Occunence . Replacement Cost
Subject to Policy ExclUSions
(Earthquake and Flood are ExcIudad.)
Sub-l..Jmlts apply as follows (but not limited to)
$50,000.000 Course of ConslJucl1on
$ 2,500,000 Nawly Aoqulred Properly (not reported In 120 days) unnamad locatJons
$ 250,000 Nawly AoqUlrad FIns Arts
$ 500.000 Animals
$ 10,000 LJmlted Mold - $100,000 I.Jm.ted Mold Aggregate Limit
EARTHQUAKE AND FLOOD ARE COVERED ONLY IF INDICATED ABOVE, AND APPLIES PER PROPERTY
SCHEDULE ON FILE WITH INSURANCE COMPANY.
$500,000,000
.
.
.REMARKS 'iicIuillflil8pel:1a1IC4nd1l1i>naJ:~""~r~~~""<::'~"~-- -
. Dod.ebbl...
Earthquake. 5% 01 comblnacllolalval... par CCMlrad tocatIon aubJacl to a minimum dtlduCUbla 01 $tOO,DUO
Flood - $10D.aoD per Occunence
Valllele camp_..... and CoRlelon - St,oOO ..... Occ.",,_
Emergenc, Vehicle Compreh....1Ve and Collision _ $1,000 Per OCCurrenc..
All OIhar Pe~la - $1,000 Per Deeu""nca
NOTE. SUII.IECT TO POUCY TERMS, CONDmoNS AND EXCLUSIONS.
~
.
;r:
.~~~r'
THE POLICY IS SUBJECT TO THE PREMIUMS, FORMS, AND RULES IN EFFECT FOR EACH POLICY PERIOD SHOULD THE POLICY BE TERMINATEO,
THE COMPANY WILL GIVE THE ADOmONAL INTEREST 10ENTlFIED SELOW lIll OAYS VVRITTEN NOTICE, AND WILL SEND NOTIFICATION OF ANY
CHANGES TO THE POLICY THAT WOULD AFFECT THAT III/TEREST, IN ACCORDANCE WITH THE POLICY PROVISIONS OR AS REQUIRED BY LAW
SUBJECT TO 10 DAYS NOTICE OF CANCELLATION FOR NON.f>AYMENT OF PREMIUM
~~
NATURE OF INTIREST
IIORTGAGEE
D ADDITKlNAI.INSURED
General Motors CorporatJon
515 Mann Street
Thousand Oaks, CA 91360
LOSS PAY& ~ (OTHB)
.
~"""IlH'.~~,,""""'='R"'~
"'11Meap~AGENTOFCDIIPAN\'
~---- /?Z-~ .J
t41!:Ell~...~..."i1I __:1 R:::
"""'~~_ ;; >:'--!IM'-:<:-".~~\:--l --,~ '"
G UPUnol\CJPIA"""",",,-CSUlll..,,",,,,"-"'"
.
::t~:':~',~~~B'f.IDe-- ~E::' -i;:r -- -':. ,. ISSUE DATE lU""""""l
~.;~ ',p, N't~~.:_, 12/18107
THIS IS EVIDENCE THAT INSURANCE AS IDENTIFIED BELOW HAS BEEN ISSUED, IS IN FORCE. AND CONVEYS ALL
THE RIGHTS AND PRIVILEGES AFFORDED UNDER THE POLICY
PRGDUCI!R COIIPMY
ALLlANT INSURANCE SERVICES, INC.
P.O Box 6450
Newport Beach, CA 92658-6450
(949) 758-0271
CODE IlJB.ClIOE
IlSllRED
California JPIA and its Member
City of Seal Beach
211 Eighth Street
Seal Beach, CA 90740-6379
AIIn. Risk Manager
Lexington Insurance Company - Primary Company
Excess Camers on Schedule on File wdh CallfomlB JPIA
01101108
CONT UNT1L
TERMINATED
IF 0iECKED
o
LCllUI_
PGUC'lNU_
OBPYOM0833
a-ra.IIJE DATE (MIIIDDIYV)
111. REPLACES PRIOR EVIDENCE DA1I!D::
~pP~NF..QI!IIIA1IOJf~:":'\t~ . _, . .~. - ."
LOCA1ION1 DEICRIP11DN (AS REIPECTI. WHEN APPLJCAIIl.E. REPLACEMENT COlT APPUES TO ALL REAL AND PERSONAL PROPERlY, AND ITATEDVALUlAPPLlE8lOALL
VEHICLES OR EMEROENCYVEIICLES)
2001 Chevy S-10 truck, VIN# 1 GCCTl9WX281 01620 and 2001 Chevy 8-10 truck, VIN# 1 GCCTl9W3281 00373 per vehicle schedule
on file wdh the compeny
.
'COVERAGEINJ:QRIIA11ON'_~r:'~IIlt,,-'~'~~~.u.:'.~'!~1~'1"_~U:'~JJr. <2 '
COVERAGEI PERlLSI FORIII AMOUNTQF INSURANCE DEDUCTIBLE
All RISk Property Insurance -lImlls Per Occurrence - Replacement Coal $500,000,000 .
Subject to Policy ExclusIOns
(Earthquake and Flood are Excluded.)
Sub-Llmrts apply as follows (but not IlITIlled to)
$50,DDD,DDO Course of ConstrudJon
$ 2,500,000 Newly Al>lulRId Property <not reported m 120 days) unnamod locaIJons
$ 250,000 Newly Al>lulrod Fine Arts
$ 500.000 Animals
$ 10,000 lIrnrtod Mold - $100,000 Llmlled Mold Aggregate lImd
EARTHQUAKE AND FLODD ARE COVERED DNL Y IF INDlCIt,1ED ABOVE, AND APPLIES PER PROPERTY
SCHEDULE ON FILE WITH INSURANCE COMPANY.
l!Bl6RKll:(lnekidlnt ..........COIIdIIID...rM~1lt.t]..'\t.~~f..::.ci.'a-""
. Dad_bl...
Earthquake -11% 01 combined _Ivai... per......RId _on eUbJocl to. minimum deductible 01 S1DO,DGO
Flood - $100_ per Occurnnce
Vehl... Compnho_ and CoII..1on - St,llDD _ Occunonco
Emergency Vehicle ComprehenlllYe IBId Collision - $I.DDD Per Occ:umtnces
All other Pertll - S'.ODD Per Occurrence
NOTE: SUBJECT TO POUCV TERMS, CONDmONS AND EXCLUSIONS.
.!lA!ICEIMnllllh.~.;Ii' .^ ~
THE POUCY IS SUBJECT TO THE PREMIUMS, FORMS. ANO RULES IN EFFECT FOR EACH POUCY PERIOD SHOULO THE POUCY BE lERMINATEO.
THE COMPANY WILL GIVE THE ADDITIONAL INTEREST IDENTIFIED BELOW SIR DAYS WRITTEN NOTICE, AND WILL SEND NOTIFtcA.T10N OF Nlf
CHANGES TO THE POLICY THAT WOULO AFFECT THAT INTEREST. IN ACCOROANCE WITH THE POLICY PROVISIONS OR M REQUIREO BY LAW
SUBJECT TO 10 DAYS NOTICE OF CANCELLATION FOR NON-PAYMENT OF PREMIUM
~1l/'!1O~
NAME AlII ADIlUBS
~ .
D ADDmONAL INSURED
.
General Motel1l CO/lloratIon
515 Mann Street
Thousand Oaks, CA 91360
LOIS PAYEE .JDDElI
(01HER)
r~..~\~~" ~~~~-rrt~r~z.oI"&llo'illwU~"'$l:"
I'Il:;ll
G \IPUM&1P1A\Pr~ty,,-CERTS\.c.I-pn dDc
ISSUE DATE (MMIEDVY)
.
ALLlANT INSURANCE SERVICES, INC.
POBox 6450
Newport Beach, CA 926~0
(949) 756-0271
COIlE _
INSURED
California JPIA and Its Member
City of Seal Beach
211 Eighth Street
Seal Beach, CA 90740-6379
Attn. Risk Manager
Lexmgton Insurance Company - Pnrnary Company
Excess Carners on Schedule on File WIth California JPIA
I..CMN NUMBER
PClUCY NlIIIIIER
08PYOM0833
EFFECIIVE DAtE (MMIOIl/'fY)
01101108
CONT UNTIL
TERMINATED
IF CHECKED
o
111I REPLACES PRIOR I!VIDENCE IMTED:
~p'~I"'!I~noNllI\!li. ~~l:!Sl~'+':./!l" ." .~~,
LOCA1ION I DESCRIPTION (AS RESPECI'S. wtEN APPLICABLE" REPLACEMENT COST APPLIES 1'0 ALL REALAND PER80NAL PROPERTY, AND ITATBlVALUEAPPlJES TO ALL
VEHICLES OR ElERGENCYVEIICLES.J
Lease Agreement dated as of July 1, 1996 on PolICe Headquarters located at 911 Seal Beach Blvd , Seal Beach, CA Coverage
includes real property and rental InterruptIon Insurance
rc:.P.VEQGEINF.PRMATION~I\I:..~~~.p~'>>i~,~~-,x;\t'-!~~2i!tl~
COVERAGE' PERlLSI FORMS AIKIUNTOP 1NIUR4.NCE
All RISk Property Insurance -lImlls Per Ocallrence - Replacement Cost
SubJBCl to Policy ExclUSionS
(Earthquake and Flood aralncluded_)
Sub-lJmlts apply as follows (but not Ilmrted to)
$50,000,000 Course of Consbucbon
$ 2,500,000 Newly Acqulled Property (not "",orled In 120 days) unnamed IDcabons
$ 250,000 Newly AcqUired FIne Arts
$ 500,000 Arumals
$ 10,000 Llmrted Mold - $100,000 Llmllad Mold Aggragate lImd
EARTHQUAKE AND FLOOD ARE COVERED DNL Y IF INDICATED ABOVE, AND APPUEI PER PROPERlY
SCHEDULE ON FILE WI1H INSURANCE COMPANY.
$500,000,000
.
.
(REMARKlI.(IriCIudlIIliSlieClol.Co__)1iil"~<\ " '~~.1Jl1rV~lIIg~~~
. Dadocllbl..:
Earlhquolce . 5% of combined _'va'o" par COV8rad _ sobJect te . minimum doductlblo of $100,000
Flood. '100,000 per Occumlnce
Vehicle COmprvheMMI and Collision.. $1.000 Per Occunence
Emergency V.hlcle ComlRMnslve .nd COIH.lon .. $5.000 Per Occunenca
All Other Pen" .. SS.oDD Per Occurrence
NOTE: SUBJECT TO POUCY TERMS, CONDlnoNS AND EXCLUSIONS.
,~~1J9!1atoi~!}1!I}-"""--"~
THE POLICY IS SUaJECT TO THE PREMIUMS, FORMS. AND RULES IN EFFECT FOR EACH POLICY PERIOD SHOULD THE POLICY aE TERMINATED,
THE COMPANY WILL GIVE THE AOOITIONAL INTEREST IDENTIFIED aELOW ll!! DAYS WRITTEN NOTICE, AND WlLJ. SEND NOTIFICATION OF ANY
CHANGES TO THE POLICY THAT WOULD AFFECT THAT INTEREST, IN ACCOROANCE WITH THE POLICY PROVISIONS OR AS REOUIRED BY LAW
SUBJECT TO 1D DAYS NOTICE OF CANCELLATION FOR NON-PAYMENT OF PREMIUM
f,\ll~~~~l.
NAME AND ADDRESS
,~',.""_!)mf:-
NATURE OF INTEREST
IIORTGAGlI!E
D ADDITIONAL INSURED
MBIA Insurance CorporatIOn
Alln Insured Portfolio Management
113 King Street
Armonk, NY 10504
LOSS PAYEE ~
x (011IER) IIBB
.
J
G UPUml\CJ"A""-ItI..CERTSl...Ca<>on doc
.
ISSl.E ~TE (MMIDaVV)
ALLIANT INSURANCE SERVICES, INC.
P.O. Box 6450
Newport Beach, CA 92658-6450
(949) 756-0271
Lexington Insurance Company - Primary Company
Excess Came", on Schedule on File wrth CailfomlB JPIA
COOE
IIIIB<:CIIlE
EFFEC11VE DAft (MMIOl>I'"/)
01101108
CONT UNTIL
TERMINATED
IF CHEa<ED
o
INS\IRI!II
California JPIA and lis Member.
City of Seal Beach
211 Eighth S1reet
Seal Beach, CA 90740-6379
Attn Risk Manager
.......-
_NII_
OSPVOMOS33
~P,ROI!.ERlY:INFO~~'1f.z~a:~~>'!~:.!I'Jj.l,_ h_ J;,;1'. --~ . . ,.
LOCATION' DESCRIPTION (AS REIPEC'IS.. WIEN APPLICABLE" REPl.ACEMENTCOST APPLIES 10 ALL IEALAND PERSONALPRDPEKI'Y. ANDITATEDVALUEAPPUEI TO ALL
VEHICLIS OR EMERGENCY' VEHICLES.)
As respects leased equipment under Lease Contract No 24648788 DIG per property schedule on file wIlh the company Rental
m\erruptJon IS Included
,COVERAG!!-INF.ORMAlIONf,iIf: t,,<C.fi, !i;ie.."1 ~.l:':"'i!\.~ ,,~jffl'.e$I""""~'~~'io.'''~ 'If.~!t. .
COVERAGE' PERILS' FORMS AllDUNTOF INSURANCE
IIEIIUCTBLE
.
All RISk Property Insurance -lIm,," Per Ocallrence - Repl.cement Cost
SubJCd to PoliCY ExclUSIOns
(Earthqu.ke and Flood.re Included.)
Sub-lJm,," apply as follow. (but nollll11lll1d 10)
$50,000,000 CaulS. of Constlllcbon
$ 2,500,000 Newly Acxlul18d Property (nol18ported m 120 d.ys) unnamed locabon.
$ 250,000 Newly Acxlul18d Fin. Arls
$ 500,000 Anlm.'s
$ 10,000 lInlltad Mold - $100,000 lInutsd Mold Aggreg." lImtt
EARTHQUAKE AND FLOOD ARE COVERED ON!. Y IF INDlCAlED ABOVE, AND APPUES PER PROPERTY
SCHEDULE ON FILE WITH INSURANCE COMPANY.
$500,000,000
.
REMARK8(1ncllidlnll"-.llilnilJIIonil 't~:l.t.i. "_~~ " ~ ~~
. Deductlb...:
Earlhq..... _ S% 01 cDmblnad _1.aI... par _ _on subjocl to. mlnlm.m dad.c:lIblo 01 $tllO,llGll
Flood - StOOPDO par Oc:c.rnn..
V.hacle Comprehensive and Colll8lan - $1.000 Per Occunnce
Emergency Yehlcle COmprehensive end ColDslan - $&,oaD Per OCCunnCBli
All other PIll"lIa - II.oaD Per Occurrence
NOTE: SUBJECT TO POLICY TERMS, CONDmoNS AND EXCLUSIONS.
~
lcWt~ I)' ~ . ":.a.; "'~
THE PQUCY IS SUBJECT TO THE PREMIUMS, FORMS, AND RULES IN EFFECT FOR EACH POUCY PERIOD SHOULD THE POLICY BE lERMINATEO,
THE COMPANY WILL GIVE THE ADDmONAL INTEREST IDENTIFIED BELOW II!! DAVS WRITTEN NOTICE, ANO WILL SEND NDnFICATlON OF Nt(
CHANGES TO THE POlICY THAT \/voULD AFFECT THAT INTEREST. IN ACCORDANCE WITH THE POUCY PROVISIONS OR AS REQUIRED BY LAW
SUBJECT TO 10 DAYS NOTICE OF CANCEUATlON FOR NON-PAYMENT OF PREMIUM
.
Rlcoh Customer Finance Corp
11110ld Eagle School Road (OTHER)
Wayne, PA 19087 _T\lREOP_NlEIITOP~
~ .-fZ-- /{!-~ .j
~Jffl~Jf"~"TU>""""'':~...v~~ "'~.~
.
,A!l!lmgAA!~-'~J.t(".'t
NAME AND ADDRESS
o ADDITIONAL INSURED
G \IPU'1l'G1PIA~_CERT5\_c.t-pn dac
'~~~~IDENC~E~'tE!R ~ rRER_'-:"~INSlr' .'" ". .
~~*~J~-:"~'~#""'~~ ,t" .'-,
~.-::.;l~~~~'l ~:?......l'i"{"~'3 ~-. - ~ ~~ .... ~. .~ 12/18107
THIS IS EVIDENCE THAT INSURANCE AS IDENTIFIED BELOW HAS BEEN ISSUED, IS IN FORCE, AND CONVEYS ALL
THE RIGHTS AND PRIVILEGES AFFORDED UNDER THE POLICY
PIImUCER COMPANY
ISSUE MoTE (MMIDIltVV)
.
ALLIANT INSURANCE SERVICES, INC
POBox 6450
Newport Beach, CA 92658-6450
(949) 756-0271
CODI! IIIBaIIlE
INSURED
Callfomla JPIA and rls Member
Crty of Seal Beach
211 Eighth Street
Seal Beach, CA 90740-6379
Attn. Risk Manager
Lelangton Insurance Company - Pnmary Company
Excess Camers on Schedule on File WIlh Callfomla JPIA
....... NIIIEER
PIlUC'INU.....
08PVOM0833
EFFECnVE DATE (MMIIDYV)
01101108
EXPUtA11DN DATE(MMIDtWYY)
01101109
CONT UNTIL
TERMINATED
IF CIECKED
o
1111I REPLACES PRIIR EVIDENCE IM.TED:
.~ROp'EJgY;INFO~TION~~Jil..~J;~ w ~.!r~'
LDCAlION I DEICRPTION (AS RESPECtS. WHEN APPUCABLE" REPLACElENTCDST APPUE8 TO AU. RULAND PERSONAL PRDPERn. ANDITATEDVALUEAPPLIEII TO AU.
VEHICLES OR EllERSENCYVEHICLES)
Lease WIth Opbon to Purchase Agreement 1IO!Hl26-daled Apn111, 2005 for an H Barller Model 600HD Surf Rake Including equipment
situated at the Public Yard, Lopez Street, Seal Beach, CA per properly schedule on file WIlh the company Rentallnterrupbon IS
Included
All Risk Property Insurance -limits Per Occurrence - Replecement Cast
SUbject to Policy ExclUSIOns
(Earthqueke and Flood are Induded.)
Sub-Llmlts apply as follows (but not Ilmllsd to)
$50,000,000 Course of ConsltuclJon
$ 2,500,000 Newly AcqUired Property (not reported In 120 days) unnamed locabons
$ 250.000 Newly AcqUired Fine Ar1s
$ 500,000 Animals
$ 10,000 Umlled Mold - $100,000 lImlled Mold Aggregate L1mrt
EARTHQUAKE AND FLOOO ARE COVERED ONLY IF INDICATED ABOVE, AND APPLIES PER PROPERlY
SCHEDULE ON FILE WITH INSURANCE COMPANY.
$500,000,000
.
.
sREMARKII'pil.l.dlni'8jiKliJJ;oildltlcillll)~'~~~~')'!.'ll;~~ ,~f.~~iiI?,i
. Oeducllbl..:
E.rthqueke -1% 01 combined _I voIu.. per....red locoIIon .ubJ'" to. minimum deductible 01 $100,000
Flood - $100,000 per Occurnnce
Vehicle Camprehenelve .nd Coll..lon .. $1.000 Per Occul1IInce
Emorgoncy Vohlcle COmprehensive .nd CoIDsIon . 15,000 Por Occurnn...
All other Pe..... - $1.000 Per Occurrence
NOTE. SUBJECT TO POLICY TERMS, CONDITlONS AND EXCLUSIONS
;~C!'''''''l1QN...IfI:."1;;~~JW1!.... ~~~.
THE POLICY IS SUBJECT TO THE PREMIUMS, FORMS, ANO RULES IN EFFECT FOR EACH POLICY PERIOD SHOULO THE POLICY BE lERMINATED,
THE COMPANY WlLJ. GIVE THE ADOmoNAL INTEREST IDENTIFIED BELOW II!! DAYS WRITTEN NOTICE, AND WlLJ. SENO NOTIFICAllON OF IoN'(
CHANGES TO THE POLICY THAT WOULD AFFECT THAT INTEREST. IN ACCORDANCE WITH THE POLICY PROVISIONS OR AS REQUIRED BY lAW
SUBJECT TO 10 DAYS NollCE OF CANCEUAllON FOR NON-PAYMENT OF PREMIUM
.ADQ~lhJ._l~
NAME AND ADDREBB
William A Morton & Anja Nolllng Morton
Revocable Trust Dated 5/17101
Attn Dooe Matte
c/o Munlapal Finance Corporation
23945 CBlabasas Road, S1e 103
t"'.hllha... "'4 D1-:an?
~~.". .~~_(>iO
D ADDl110NAL INSURED
(OTHER)
.
.J
GUPlhl'tCJPlA~CERTS\..c.rt-pJdac
.
ISSUE DA.TE (MMIIXWY)
ALLlANT INSURANCE SERVICES, INC.
POBox 6450
NMVPort Beach, CA 92658-6450
(949) 756-0271
COIlE ...........
INSURED
California JPIA and Its Member.
CIIy of Seal Beach
211 Eighth Street
Seal Beach, CA 90740-6379
AlIn: Risk Manager
LeXIngton Insurance Company - Primary Company
Excess Camers on Schadule on File WIlh California JPIA
LCIOH_
POUC'IIIl_
08PVOM0833
EFFECl1I/E DATE (M""""""J
01101/08
1I!XPIRA11DN 1M.1E (MMIDCr'VV)
01/01109
CONT L
TERMINATED
IFOIECKED
o
1118 REPLACEI PllDR EVIJENCE..TED:
iPRQP.ERIY'INF.GRMATIO~~~~.~~~,,&.~~'Jt-<j ..,. ~~
LDCA11DN I DEICIm-.1ON CAS REllPEC18. WHEN APPLICABI.R. REPLACEMENT COST APPUE!I1DALL REALAND PERIONAL PROPERIY.AND Sl"ATEDVALUEAPPUEB 10 ALL
VEIK:LES DR EMERGENCYVEHICLES.)
Lease wrth Option to Purchase Agreement #O!Hl2lklated Apnl11, 2005 for an H Barber Model 600HD Surf Rake InclUdln9 equlpmant
Situated at the Public Yard, Lopez Street, Seal Beach, CA par property schedula on file With the company Renlallntenupllon IS
Includad.
'CDVERAGEINFORIIATIONjo.~;I~~~':J~. ,~.~~'~.,":f.'\WA."t'l-t~~ ,'t\.-..i!:~~
COVERAGEI PERLII FOIUIS AllDUNTOF INSURANCE DEDUCI18LE
.
All Risk Property Insurance -limits Per Occummce. Replacement Cost
SubJec:l to PoliCY ExclUSIOns
(Earthquake and Flood are Induded.)
Sul>-lImlts apply as follows (but not lunlted to)
$50,000,000 Cou.... of Construcbon
$ 2,500,000 Newly AcqUired Property (not repor1Bd In 120 days) unnamed IllClIbDns
$ 250,000 Newly AcqUired Fine Ar1B
$ 500,000 Anlmels
$ 10,000 Llmded Mold - $100,000 limited Mold Aggreg8le lImrt
EARTHQUAKE AND FLOOD ARE COVERED ONLY IF INDICATED ABOVE, AND APPLIES PER PROPERTY
SCHEDULE ON FILE WITH INSURANCE COMPANY.
$500,000,000
.
~ (lnClUdhie:8piereI~Coriilllloiloi~,~.;
. DeductlblH:
Earthquake _1% of combIned _I VIIIUH por ._I_an subJIOt to s mlnlmlllll deduollble of $tUO,llllO
Plood - $100.000 per Occunwnce
V.hrols Comp_ onll CoIlIsJan -.t,DOD Per Ooounonce
I!mergSIlOJ Vohlols Comprsh._ snd Collision - p,aoa Per Ooou_
A1lll1her Pe~1s ,'5,DDD ..... Decu......
N01E: SUBJECT TO POLICY TERMS, CONDmONS AND EXCWSIONB.
:"CANR!~~~g..~\ " "" ~ .'j; . ~
THE POUCY IS SUBJECT TO THE PREMIUMS, FORMS. AND RULES IN EFFECT FOR EACH POUCY PERIOD SHOULD lHE POLICY BE lERMINATED,
THE COMPANY WILL GIVE THE ADOITlONAL INTEREST 10ENTIFIED aELOW Ill! DAYS WRITTEN NOTICE, AND WILL SENO NOTIFICATION OF ANY
CHANGES TO THE POLICY THAT VIIOULD AFFECT lHAT INTEREST. IN ACCORDANCE WITH THE POUCY PROVISIONS OR AS REQUIRED BY LAW
SUBJECT TO 10 DAYS NOTICE OF CANCB.LATlON FOR NON-PAYMENT OF PREMIUM
~mb~r;~,',,~'~;:;~t'~.
-,
.
William A. Morton & AnJa Nolting Morton
Revocabla Trust Dated 5/17101
c/o MunICipal Flnanca Corporabon
Atln DIXie Matte
23945 Calabasas Road, Ste 103
t"'ol.h_.. ('"6 Q1":ln?
1,7"""~~~-:~..a'HF$~~"""'":t!~rl}lf'
'.
~: ~.
~
:MP{I'I~I~~
NAME AND ADDRESS
D ADDIT10NAL INSURED
LOBS PAYEE ~
(OTHERI
SlGNA1URE UP AU1HDRIZEDAGiENT OF CDIIPAN'f
~---- /~--0 j
,~~'I;!l_. ~~~ '.
G \JPUn<\CJP\A__CERTSl..c.>on....
!i5r.;::<"' . Od .~.'. DENe~' ~ 'OIE~:""B'Rlnf.Eti'~" ~llY!SU -,'-r, . G - ISSlJEDATE(MMIllCm")
~1Il(, ..~ .l~~~~~i.w'.n ~ ,~~, ~ ~~ ..;.- '," 12/18107
,_.,~, '. .....-!.L~~"",....._. _ ~/~.~(~';ff.'o.lIi. _ !i'1";: ~~. .
THIS IS EVIDENCE THAT INSURANCE AS IDENTIFIED BELOW HAS BEEN ISSUED, IS IN FORCE, AND CONVEYS ALL
THE RIGHTS AND PRIVILEGES AFFORDED UNDER THE POLICY
PRlIIllIC2II """"ANY
.
ALLIANT INSURANCE SERVICES, INC
P.O Box 6450
Newport Beach, CA 92658-6450
(949) 756-0271
CODE SllBaIDE
INSURED
Callfomla JPIA and Hs Member:
City of Seal Beach
211 EI9hth Slreet
Seal Beach, CA 90740-6379
Alln. Risk Manager
Lexington Insurance Company - Primary Company
Excess Camers on Schedule on File with Callfomla JPIA
I..OANNU_
POUCY_
OSPVOM0833
EFFEC1M! DATE (MMIllCm")
0110110S
EXPIRAtION DATE IMMIllCm")
01101109
CONT lJHT1L
TERMINATED
IF a-tECKED
o
nus REPLACES PIUOR EVIDENCE DATED:
:"ROPERmINF.Q!!IIAnoN~'tlli:':1ll1t.>..~~N~<b'li:?l:.1,~~~1>~'
LOCATION I DESCRIPJION CAS RElPECTS. MEN APPLICAIILE. REPI.ACEIISI1' COST APPUE81OAU. RULAND PERSONAl. PROPERTY, AND STATEDVALUEAPPUEB TO ALL
VEHICLES ORElERGENCYVEHICLEI)
As respects Countywide Public Flnanan9 Authonty 1996 Revenue Bonds Lease Agreement for Countywide 800 MHZ CommunlC8bons
System related 10 Capllollmprovements per location #3, Police Headquarters SItuated 911 Seal Beach Blvd Seal Beach ,CA on
property schedule on file WIth the company Coverage term from 10 01 am December 7, 2006 through June 30, 2007
.,lCOVERAGEIN~T1ON'j.~ft.-i""'~~~~A. -:~::~~ 'J.:...~~".t~~:~~~~~~
COVERAGE' PERU I FORIIS
All Risk Property Insurance - Limits Per Occurrence ~ Replacement Cost
Subject to Policy ExclUSIons
(Earthquake and Flood are Excluded.)
Sub-I.Jmlt& apply aslonows (but not i1mtled to)
$50,ODO,000 Course of Construcbon
$ 2,500,000 Newly AcqUIred Property (not reported In 120 days) unnamed locabons
$ 250,000 Newly AcqulIlld Fine Arts
$ 500,000 AnImals
$ 10,000 umtled Mold - $100,000 Llmllad Mold Aggregate limit
EARlHQUAKE AND FLDOO ARE COVERED ONLY IF INOICATED ABOVE, AND APPLIES PER PROPERTY
SCHEOULE ON FILE WI1H INSURANCE COMPANY.
..,.y
1lEIIUCII8I.E
$500,000,000
.
.
;REMARKS'(lneIucIIng'llpoicqICOiicllllime)~lif.:,.~ '..uiIllH.~~~.'\tl,Mt'~~""" t:I:Z~~~
. DedMc1Iblas:
Ear1hq\l8ka - S% of combined _''''uas par....Md _ -)act to. minimum ded_bIa of S100,OOO
Flood - $1oo,llOll par Occunance
Vehicle COnlprehenalve and Coll18lon.. It,DOO Per Occurrence
Emergency Vehicle Compnhen.ive and COlb.lan .. 55.ODD Per Occurrence8
All Other PerIl... '8.000 Per Occurrence
NOTE' SUBJECT TO POUCY TERMS, CONDI110NS ANO EXCLUSIONS.
':!WlIg~J:4.TI~~~~~~ .' ' .-
THE POLICY IS SUBJECT TO THE PREMIUMS, FORMS, AND RULES IN EFFECT FOR EACH POUCY PERIOO SHOULD THE POLICY eE TERMINATED,
THE COMPANY W1U GIVE THE ADDITIONAL INTEREST IDENTIFIED BELOW gg DAYS WRITTEN NOTICE, AND WIll. SEND NonFICATlON OF ANY
CHANGES TO THE POLICY THAT WOULD AFFECT THAT INTEREST, IN ACCORDANCE WITH THE POLICY PROVISIONS OR AS REQUIRED BY lAW
SUBJECTTO '0 CAYS NOTICE OF CANCELlATION FOR NON-PAYMENT 01' PREMIUM
fAg!J"'llN@:~.f<1l'
NAIIE AND ADDRESS
~
. .'
D ADOI_INSURID
The Bank of New York
Gonzalo Urey
700 South Flower SI , SUite 500
Los Angeles, CA 90017
LOSS PAYEE ~
(OTHER)
.
.J
~"-"':,"~~~",""..~~T~:i)'"'..e
,Q~
G IJPUnl\CJPIA""-"I.CERTSL"""'"'....
.
S F FORM
F.... 438BFU NS
(Rev Mol> I, 1942) X
LENDER'S LOSS PAYAIILJ: ENDORSEMENT
.
Lo.. or damage, If any, WIder tIwI polley, IhaI\ be plld III the ~ II8l1IOd no the Iim _ of this plhey, lis _and........
hen:mafter _ to IS "lhe Loodt:f', 10 _ fbon or c:apIl:lty lis ,,- may oppear and wbe1her IBId _ be vested ID IBId
Lender In Its nxhVldual or 1ft Its d1sc1osed or UDCb.sclosed fiduciary or representatIVe c:apaelty, or otherwise, or w:stcd m a nommee or t:rustee
ofsald Lender
2 The msurance IDlE dlls polley, or IDlY nder or eudotsemeut attached thereto, as to the mtcrcst only of the Lender. Its successon and
"'IIJIS, sball DOl be mv.hdJlocl nor suspendod (.) by any error, ODIISSIOD, or change _ the owneraIup, clescnpbOD, _"OD, or
locallOll of the subject of the lIISurance or Ihe......, tIIerem, or the od. _, (b) by the ~...__ offbroclosure prnc:oodmp or
the IIlvmg of noDCO of saI. of any of the _ covorod by thIS plhey by vtrlUo of any _ or trust dood, (c) by any broach of
warranty, oct, ODIISSIOII, neglect, or DOII-comph.... wrth any of the provISIOns of thIS plhey, mcludmg any and all ncIen now or_
_ -. by Ihe named 1IISured, tho bonower, mortgagor, trustor, vendee, owner, ....... __ eustnd,lD, occupIIII, or by
the agents of erther or any of them or by Ihe happenm8 of any event pemntll:d by them or erther of them, or their ....Is, or which they
fiulecI to provcn~ whether occumng bef'<m: or aIler the _ oftlwl encIorJcment, or whether bef'<m: or aIler .Ios~ wIuch WIder Ihe
provwons of thIS polICY of msunmce or of any nder or endorsement aUBcbed thereto would invalIdate or suspend the msWDCe as to the
named 1IISured, cxcludm8 hcreftom. however, any IIClS or ODIISSIOIIS of the Lender while """"'ISIIII acnve CODllDland ~ of Ihe
property
3 10 the event of liu1ure of Ihe msun:d III JlIl!I any premium or addrt10nal preIDlum winch shall be or become due WIder Ihe Ir:nDS of thIS plhey
or 011 accounI of any change 10 occ:uponcy or ........ ID bazard DOt perDIIIlOd by thIS plhey, thIS ~ ...... to JllVO wnlll:D -.. to
the Lender ofsuch lIOn-payment ofprennum aIler sIXty (60) days from and WlthlD onelwndnlcl and twenIy (120) days aIler due _ of SllCh
premium and It IS a condrbon of the contmuance of the ngbts oCtile Lender beRunder that the Lender when so nobficd m wntIDg by tJus
Company oflhe flllure oflhe Insured to JlIl!I such prenn1ll11 shall JlIl!I or ca_ to be paullhe premium due wllluo ten (10) days followmg
I'OCOIpI of the Compllly'S demand m wntmg _ Iflhe Lender shall d.ehne to JlIl!I.... prennum or adchoona! prennum, the nghts of
Ihe Lender wuIcr thIS Lcndcr's Loss Payahl. EndorsemenI sball DOl be ~ before ten (10) days aIler ....,pI ofS81d wrntcn..... by
Ihe Lender
4 Whenever thIS Compony shall JlIl!IIll the Lender any S1ll11 for loss or damage WIder thIS plhey and shall c181D1 that IS to the msun:d no
h.blllty therefor OXISIs, thIS Company, II lIS oplIOD, may pay III Ihe Lender the whol. prmclpal sum and __ and other __ due
or III become due from the 1IISured, whether _ or ullSCC1ll1ld, (WIth refimd of all _ not acc:JUed1 and tIwI Compony, III Ihe extcnl
of such paymeol, sball thereupOll ....... . full asslgnmenland transfer, WIthout recourae, of the debt and all ngbts and secunDes held IS
0011_ thereto
5 Iftbere be any other IIlI\Ir8nCO upon the wIlIuo clescnbed property, thIS CClIII)I8IIY shall be 118h1. under thIS plhey IS to the LeocIer for 111.
proporbon of such loss or damage dmt the sum hereby msured bears to the eutaRl msurance of Similar character on said property under
plllClOI held by, payable III and expressly .....n1ed III by the Lender Any l:ODmhuDOII Cl.... mc1uc1ed 10 any Fallen Bwldlng Clause
WalVCf or any Extended Coverqc Endorsement attached to thiS contract of msurance IS hereby rmUlfied, and alia 81rf Contnbutlon Clause
ID any other _ or ndor atlac:hed to tlwlCODDBcl of IJISIIlIIIICO IS hereby oulhfied oxcepl ConmhuDon Clauses for the c:omp\1SDce
With whICh the msured has RlCCwed n:ductl.0II m the rate c:ha:rFd or has m:cwed extension of the coverage to Include hazards od1er than the
and compliance Wdh such Contribution Clause IS made a part of 1IIe conSIderatIon for msunng such other bIIZBrds The Lender upon the
payment to It of the full amount of Its cbum. will subrogate thIS Company (pro mta with all other llISurcnI contnbutml to sa1d payment) to
all of the Lendcr's nahts ofcontnbutaOD under said other lDSurance
6 ThIS Company reaerves the nsht to cancelllus polley at any tune, IS provllled by lis tams, hut m such case II1IS plbey shall CODlUIIle ID
fon:e for the benefit of the Lender for ten (10) days _ wn.... oonco orouch cancollallOD IS race,.... by the Lender and shall then .....
7 ThIS plhey shall remam 10 full fon:e and elfcct as to tho ..- of the Lender for. paned often (10) days aIler lis oxpuat'OII unless an
accepIublo plhey ID _ thereofwrth 1... thereunder JlIl!I.bl. to the Lender m accordanc:e WIth the tams ofllus Lender's Loss Payabl.
Bnclomement, shall h."" been ISSued by some IIISUr8IICO company and acc:epIed by the Lender
8 Should legal od. to and heneflCw owne,slllp of any of the _ covered under thIS plbey become vested 10 the Lender or lis ogcnIs,
lIISurance under lIus polleylhal\ ......ue for the term thereof for the benefit of the Lender hut, m such ....~ any p'lVlleges paDIecI by IIIIS
Lender', Loss Payal>l. Endoraement wluc:h are DOt also granted the inSured under the IerDIS and condrt1011S of thIS plhey ancIIor under other
ncIen or endorsements IIlIached _ shall not .pply to the U1Surance hereunder as respec:U such_
9 All DOtIces hen:m provuIed III be live by the Company to the Lender ID c:onneclIon wrth thIS policy and thIS Lender's Loss PayahIo
Endorsement shall be maded to or d.bvered to the Lender at lis ollice or branch descnhed no tho tirat _ oflhe pllley
Approved
Board ofFII'e Underwnters of1he Pacific.
Callfonlla Bankers' AISOCUlb.on
Comnnttee on Insurance
.
G\JPUaaI'CJP1A\PIapIrlr\_CER'IS\..43BbfiLIb: