Document 063pOg9kwN75jdwjkB9GYx4Yk
Johns-Manville Sales Corporation
P.O. Box 5108 Ken-Caryl Ranch Denver, Colorado 80217 (303)979-1000
March 17, 1977
Mr. Robert Leach Assistant Vice President Marsh & McLennan 1221 Avenue of the Americas New York, New York 10020
Re: Railroad Friction Products Corp. (RFPC) - IMPORTANT
Dear Bob:
Please send me a letter, as soon as possible, on the status of RFPC's general liability insurance coverage; I am especially concerned with the product lia
o bility area. Specifically, I would like to know the following:
vD 1. What general liability insurance is RFPC now carrying (a brief description)?
-) O 2. What would be the cost to improve the existing policy provisions so
that the carriers can't pay a claim to RFFC and then turn around and
o sue J-M or WABCO?
3. What would be the cost to obtain $2.0 million limits (based on your estimate of the market)?
Could we obtain insurance excess of a self-insured layer of two or three million, and at what cost?