Document KG1Z2bmYaLwNN8eLa49DV6LLx

mi iiwfr1 'iy* Commercial Excess Liability Policy Occurrence Zurich-American Insurance Group Insurance is provided by the company designated on the declaration page. (A stock insurance company) The Zunch Building; Schaumburg, Illinois 60196 U-ES-10007-A CW (5/87) GLD055190 0049-GLD-000055190  > . I >y>T||> *,lT/i ... AMERICAN Il ^RICH INSURANCE COMPANY 2URJCJH-AMERICAN COMMERCIAL EXCESS LIABILITY POLICY POLICY NO. CEO 1380920-00 PRODUCER Crunp Loudon DECLARATIONS 18-311 Item 1. Item 2. Named Insured and Address: Hanson Industries, Inc., Etal. as per National Union 100 Wood Avenue South Lead Umbrella Policy Period: Iselin, NJ 08830 From October 1, 1987 to October 1, 1988 12:01 A.M. standard time at the address of the first named insured as stated herein, unless sooner cancelled in accordance with Condition 8 herein. item 3. Item 4. Item 5. Item 6. Item 7. Item 8. Premium: $ 375,000 The limits of the Company's liability are: a)$ 5,000,000 b) $ NIL each occurrence; in the aggregate of $ 5,000,000 per annual policy period part of each occurrence; in the aggregate of $ NIL per annual policy period. The limits of the CompanYs liability apply in excess of the following limits of liability of underlying insurance: S 18,000,000 each occurrence: in the aggregate per $ 18,000,000 annual policy period where applicable which may be in turn excess of various underlying limits or self-insured amounts specified in the governing underlying insurance policy. The governing underlying insurance policy is: Policy No. TBA Name of issuing insurance company: National Union Fire Ins. Co. of Pittsburgh, PA Type of insurance: Umbrella Liability Policy Term: Prom: 10/1/87 To: 10/1/88 Unless otherwise stated herein, the Named Insured agrees that a) No part of the underlying insurance or contributing insurance in Item 4. b) is written on what is commonly known as a "claims made" basis; b) No part of the limits of liability of underlying insurance or contributing insurance in Item 4. b} includes costs; c) No underlying insurance policy nor any contributing policy contains exclusions not found in or more restrictive from the viewpoint of the named insured than in the governing underlying insurance policy. Endorsements Attached at Issue: U-ES-10002-A; U-GU-243-A C c \ r < < Countersigned by________________________ {Authorized Representative! u-es-ioooi-At3/a7i GLD055191 0049-GLD-000055191 ZUMOWWERICAN In Witness Clause In Witness Whereof, this Company has executed and attested these presents, but this policy shall not be valid unless countersigned by the duly authorized Agent of this Company at the.agency hereinbefore mentioned. Unitea Steles Manager Zurich Insurance Company In Witness Whereof, this Company has executed and attested these presents, but this policy shall not be valid unless countersigned by the duly authorized Agent of this Company at the agency hereinbefore mentioned. Sectary 1$. President American Guarantee and Liability Insurance Company American Zurich Insurance Company Zurich American Insurance Company of Illinois GLD055192 0049-GLD-000055192 Zurich American 'Insurance Group Endorsement#! 1380920-00 Eff. Date of Pol Exp. Date of Pol Eff. Date of Erd. Agency No. 10/1/87 10/1/88 10/1/87 18-311 Named Insured Address (including Zip Code) Hanson Industries, Inc. 100 Wood Avenue South Iselin, NJ 08830 Add'l Premium $ NIL Return Premium $ NIL This endorsement is issued by the company designated in the Declarations which is the insurer under the above numbered policy issued to the Named Insured and forms a part of said policy as of the effective date hereof, at the hour stated in the policy Declarations. This endorsement changes such insurance as is afforded by provisions of the poScy relating to the following: Item 6, The governing underlying insurance policy, of the Declaration. It is understood and agreed that Item 6. of the Declaration, the governing insurance policy no. is amended to read: RMBE94379Q. All other terms and conditions remain unchanged. Countersigned AuthorizedRepresentative l&r\ U-GL-113-A(7-81 ed) GLD055193 0049-GLD-000055193 Amt .can Zurich Insurance L ^mpany Schaumburg, IL 60196 In consideration of the payment of the premium, in reliance upon the statementsin the Declarations made a part hereof and subject to all of the terms of this policy, agrees with the named insured in the Declarations as follows: I. INSURING AGREEMENT To indemnify the insured for ultimate net loss in excess of underlying insurance stated in Item 5 of the Declara tions, but not in excess of the Company's limits of liability stated in Item 4 of the Declarations. Except as otherwise provided by this policy, the insurance afforded herein shall follow all the terms, conditions, defini tions and exclusions of the governing underlying insur ance policy designated in Item 6 of the Declarations. II. EXCLUSIONS Regardless of whether or not such insurance is. was or would have been afforded by the governing underlying insurance policy, this policy does not apply: 1. A under any Liability Coverage, to "bodily injury" or "property damage" (1) with respect to which an insured under the policy is also an insured under a nuclear ener gy liability policy issued by Nuclear Energy Liability Insurance Association, Mutual Atomic Energy Liability Underwriters or Nuclear Insurance Association of Canada or their suc cessors or would be an insured under any such poiicy but for Its termination upon exhaustion of its limit of liability; or (2) resulting from the "hazardous properties" of "nuclear material" and with respect to which (a) any person or organization is required to maintain financial protection pursuant to the Atomic Energy Act of 1954, or any law amendatory thereof; or (b) the Insured is, or had this policy not been issued would be, entitled to indemnity from the United States of America, or any agency thereof, under any agreement entered into by the United States of America, or any agency thereof, with any person or organization; or B. under any Liability Coverage, to "bodily injury'' or "property damage" resulting from the "haz ardous properties" of "nuclear materials", if (1) the "nuclear material" (a) is at any "nuclear facility" owned by, or operated by or on behalf of, an Insured; or (b) has been discharged or dispersed therefrom; (2) the"nuclearmateriar' is contained in "spent fuel" or "waste" at any time possessed, han dled, used, processed, stored, transported or disposed of by or on behalf of an insured; or (3) the "bodily injury" or "property damage" arises out of the furnishing by an insured of services, materials, parts or equipment in con nection with the planning, construction, main tenance, operation or use of any "nuclear facility," but if such facility is located within the United States of America, its territories or possessions or Canada, this exclusion (3) applies only to "property damage" at such "nuclear facility." C. as used in this exclusion: "Hazardous properties" include radioactive, toxic or explosive properties; "Nuclear material" means "source material", "special nuclear material" or "by-product material"; "Source material'1, "special nuclear material", "by-product material" have the meanings given them in the Atomic Energy Act of 1954 or in any law amendatory thereof; "Spent fuel" means any fuel element or fuel com ponent, solid or liquid, which has been used or exposed to radiation in a "nuclear reactor"; "Waste" means any waste material (a) containing "by-product material" and (b) resulting from the operation by any person or organization of any "nuclear facility'' included under the first two paragraphs of the definition of "nuclear facility"; "Nuclear facility" means (a) any "nuclear reactor"; (b) any equipment or device designed or used for (1) separating the isotopes of uranium or plutonium; (2) processing or utilizing "spent fuel"; or (3) handling, processing or packaging "waste"; (c) any equipment or device used for the pro cessing, fabricating or alloying of "special nuclear material" if at any time the total amount of such material in the custody of the insured at the premises where such equip ment or device is located consists of or con tains more than 25 grams of plutonium or uranium 233 or any combination thereof, or more than 250 grams of uranium 235; (d) any structure, basin, excavation, premises or place prepared or used for the storage or disposal of "waste", and includes the site on which any of the foregoing is located, all U-ES-10002-A GLD055194 0049-GLD-000055194 operations conducts 'n such site and all premises used for suu, operations; "Nuclear reactor" means any apparatus designed or used to sustain nuclear fission in a self-supporting chain reaction or to contain a critical mass of "fissionable material"; "Bodily injury" means bodiiy injury, sickness or disease sustained by any person which occurs during the policy period, including death at any time resulting therelrom; "Property damage" means (1) physical injury to or destruction of tangible property which occurs during the policy period, including the loss of use thereofat any time resulting therefrom; or (2) loss of use oftangible property which has not been physically injured or destroyed provided. such loss of use is caused by an occurrence during the policy period and includesall forms of radioactive contamination pf property. 2. to ultimate net loss arising out of invasion, acts of foreign enemies, hostilities (whether war to be declared or not), civil war, rebellion, revolution or insurrection or to any act or condition incident to any of the foregoing. III. LIMITS OF LIABILITY The insurance afforded applies separately to each Insured against whom claim is made or suit is brought, except with respect to the limits of the Company's liability. Regardless of the number of (1) Insureds under this policy, (2) persons or organizations who sustain injury or damage or (3) claims made or suits brought, the Com pany's liability is limited as follows; (a) the limits of the Company's liability under this policy apply only after the underlying insurers have paid or have been held legally liable to pay the full amount of their respective limits of liability which makes up the total stated in Item 5 of the Declarations, provided that (i) unless aggregate limits are specifically stated in both Items 4 and 5 of the Declarations, the insur ance afforded by this policy applies with respect to each occurrence only for limits of liability in excess of the amounts afforded for each occur rence in the underlying insurance, and does not apply over any reduced amount of underlying insurance in the event of the exhaustion or reduc tion of aggregate limits of liability, if any, in the underlying insurance; or (ii) if aggregate limits of liability are specifically stated in both Items 4 and 5 of the Declarations, the insur ance afforded by this policy applies in excess of reduced underlying insurance, provided such reduction in the underlying insurance is solely the result of the payment of claims because of occurrences taking place during the period of this policy; (b) if the limit' *he Company's liability stated in Item 4. a) of the Declarations, are less than the entire limit of liability stated in Item 4. b) of the Declarations, the limits of the Company's liability shall be that proportion of all ultimate net loss which the limits of liability in Item 4. a) bear to the limits of liability in Item 4. b) to which this policy applies and which is in excess of underlying insurance, up to the limits so stated; (c) if the limits of the Company's liability in Item 4. a) of the Declarations are equal to the limits of liability in Item 4. b). the limits of the Company's liability shall be the amount of all ultimate net loss to which this policy applieswhich is in excess of underlying Insurance, up to the limits so stated; (d) subject to provisions (a), (b), and (c) above, the total liability of the Company for all ultimate net loss as the result ofany one occurrence, shall not exceed the limit of liability stated in Item 4. a) of the Declarations as applicable to "each occurrence"; (e) subject to provisions (a), (b), and (c) above, the total liability of the Company for all ultimate net loss because of all occurrences, to which this policy applies shall not exceed the limit of liability stated in Item A. a) of the Declarations as "aggregate". IV. PERSONS OR ENTITIES INSURED Each of the following is an Insured under this policy to the extent set forth below: (a) Any named Insured; and (b) Any person or organization which is an Insured under the terms of the governing underlying insurance policy, subject to alt the (imitations upon coverage under such governing underlying insurance pol icy other than the limits thereof. V. INVESTIGATION:, DEFENSE:, SETTLEMENT The Company shall not be obligated to assume charge of the investigation, defense or settlement of any claim or suit against the insured, but the Company shall have the right and shall be given the opportunity to associate with the insured or its underlying insurers, or both, in the investi gation, defense or settlement of any claim or suit which, in the opinion of the Company, involves or appears reasonably likely to involve the Company. If the Company avails itself of such right and opportunity, the insured, its insurers and the Company shall cooperate in such matters so as to effect a final determination thereof. The insured shall not make or agree to any settlement for an amount in excess of underlying insurance without the approval of the Company. Subject to the above provision, costs incurred by fhe insured shall be borne as follows: (a) All costs incurred by the insured without the written consent of the Company shall be borne by the insured; 2 GLD055195 0049-GLD-000055195 b) if a claim or suit is settled or a j* ment rendered for not more than the limits of unucrlying insurance, no costs shall be payable by the Company; (c) If the sum for which a claim or suit is settled or a judg ment rendered exceeds the limits of underlying insurance, then the Company, if it approves such set tlement or consents to the continuation of the pro ceedings, shall contribute to the costs incurred by the insured in the proportion which the amount of ultimate net loss as finally determined to be payable by the Company bears to the total amount paid on such claim or suit by all interests; (d) If the insured elects not to appeal a judgment in excess of the limits of underlying insurance, the Company may elect to conduct such appeal at its cost and expense, and shall be liable for the taxable costs and disbursements and interest incidental thereto, but in no event shall the total liability of the Company exceed the limits of liability as stated in this policy, plus the cost and expense of such appeal; (e) If a judgment is rendered in excess of the limits of underlying insurance and the Company is willing to contribute thereto but the underlying insurers elect to appeal suchjudgment, the duty of obtaining an appeal bond with respect to liability in excess of the limits of underlying insurance shall be that of the insured and its underlying insurers; (f) If the aggregate limits of liability of underlying insur ance are exhausted by payment of claims, then the Company shall contribute to the costs incurred by the insured with the written consent of the Company in the proportion which the Company's limits of liability bears to the total layer of limits of liability of which this policy is a part, but this obligation ceases whsn the Com pany's limits of liability are exhausted. VI. DEFINITIONS When used in this policy (including endorsements form ing a part hereof): "Governing underlying insurance policy" means the insurance policy designated as such in Item 6 of the Declarations; "Costs" means interest on judgments, and investigation, adjustment and legai expenses including taxed court costs and premiums on bonds, (excluding, however, (a) all expenses for salaried employees and counsel on general retainer; (b) all office expenses of the insured; and (c) regular fees paid to counsel on general retainer); "First named insured" means the person or organiza tion first named in Item 1 of the Declarations of this policy; "Insured" means any person or organization described as such in the "Persons Insured" provision of this policy; "Named insured" means the first named insured and any other person or organization named in Item 1 of the Declarations of this policy or in an endorsement amend ing such item 1; `Occurrence" ans an accident or occurrenceor hap pening or event an act or a series of acts or offense or injury or damage covered by the governing underlying insurance policy designated in the Declarations; "Ultimate net loss" means the total of ail sums which the insured, or any organization as its insurer, or both, shall become legally obligated to pay, whether by reason of adjudication or settlement, because of an occurrence covered under the terms of the governing underlying insurance policy and to which this policy applies; but "ultimate net loss" shall not include (a) the amount of any recoveries, salvages or other insur ance (other than underlying insurance or insurance written specifically to apply in excess of this policy), whether collectible or not. or (b) costs; "Underlying insurance" means the primary or excess insurance policies contributing to the total limit stated in Item 5 of the Declarations (including any deductible amount, insured's participation or renewals or replace ments thereof). The limits of such policies shall be deemed to be applicable regardless of (1) any defense which the underlying insurer may assert, (2) the insured's failure to comply with any condition of any such policy or (3) the insolvency of the underlying insurer. VII. CONDITIONS t. Premium The premium for this policy shall be as stated in the Declarations. In the event of an additional insured being added to the coverage under the underlying insurance dur ing currency hereof, as soon as practicable notice shall be given to the Company hereon and if an additional premium has been charged or will become payable for such addition to the underlying insurance, the Com pany shall be entitled to charge an appropriate addi tional premium hereon for adding such additional insured to this policy. Payment of any return premium to the first named insured shall be deemed to be payment to the insured. 2. Maintenance of Underlying Insurance Unless permission to the contrary is stated in the Declarations or by endorsement issued to form a part of this policy, policies affording in total the limits stated in Item 5 of the Declarations shall be maintained in full effect during the currency of this policy, except for the reduction of any aggregate limits contained therein solely by payment of claims with respect to an occurrence taking place during the period of this policy. Failure of the named insured to comply with the foregoing shall not invalidate this policy but in the event of such failure, the Company shall be liable only 3 GLD055196 0049-G LD-000055196 ''"tna'inrv'iFr'> +* ***+ *+**vtua&m*' v-t -w *ni"rw<ww*~*~rr - -- o<iwi*m- " - niwi*)i'<v<r?i'-tfr to the extent that it would hi been liable had the named insured complied therewith. The named insured shall give the Company written notice as soon as practicable of any change in the scope of coverage or in the limits of any underlying insurance, and of the termination of any coverage or of reduction or exhaustion of aggregate limits of any underlying insurance. 3. Notice of Occurrence Whenever it appears that an occurrence is likely to involve indemnity under this policy, written notice thereof shall be given to the Company or any of its authorized agents as soon as practicable. Such notice shall contain particulars sufficient to identify the insured and also reasonably obtainable information respecting the time, place and circumstances of the occurrence, the names and addresses of the injured and of available witnesses. 4. Assistance and Cooperation of the insured The insured shall cooperate with the Company and with the underlying insurers as required by the terms of the governing underlying insurance policy and com ply with all toe terms and conditions thereof, and shall enforce any right of contribution or indemnity against any person or organization who may be liable to the insured and with respect to which insurance is afforded under this policy or the underlying insur ance policies. 5 Action Against Company No action shall lie against the Company unless, as a condition precedentthereto, there shall have been full compliance with all the terms of the policy, nor until the amount of the insured's obligation to pay shall have been finally determined either by judgment against the insured after actual trial or by written agreement of the insured, the claimant and the Company. Any person or organization or the legal representative thereof who has secured such judgment or written agreement shall thereafter be entitled to recover under this policy to the extent of the insurance afforded by this policy. No person or organization shall have the right under this policy tojoin the Company as a party to any action against the insured to determine the insured's liability, nor shall the Company be impleaded by the insured or his legal representative. Bankruptcy or insolvency of the insured or of the insured's estate shall not relieve the Company of any of its obligations hereunder. 6. Subrogation In the event of any payment under this policy, the Com pany shall participate with the insured and any underlying insurer in the exercise of all the insured's rights of recovery therefor against any person or organization, and the insured shall execute and deliver instruments and papers and do whatever else is necessary to secure such rights. The insured shall do nothing after loss to prejudice such rights. 4 Recoveri hail be applied first, to reimburse any interest (including the insured) that may have paid any amountwith respect to liability in excess of the limit of the Company's lability hereunder; then, to reimbursethe Company up to the amount paid hereunder, along with any other insurers having a quota share interest at the same level; and lastly, to reimburse such interests (including the insured) with respect to which this insurance is excess, as are entitled to claim the residue, if any; but a different apportionment may be made to effect settlement of a claim by agreement signed by all inter ests. Reasonable expenses incurred in the exercise ot rights of recovery shall be apportioned among all inter ests in the ratio of their respective losses for which recovery is sought. 7. Changes Notice to any agent or knowledge possessed by any agent or any other person shall not effect a waiver or a change in any part of this policy or estop the Com pany from asserting any rights under the terms of this policy with respects to any requirement as to under lying insurance; nor shall the terms of this policy be waived or changed, except by endorsement issued to form a part of this policy, signed by an authorized representative of the Company. 8. Cancellation This policy may be cancelled by the named insured by surrender thereof to the Company or any of its authorized agents or by mailing to the Company writ ten notice stating when thereafter the cancellation shall be effective. This policy may be cancelled by the Com pany by mailing to the first named insured at the address shown in this policy written notice stating when thereafter, in the case of nonpayment of premium by the insured or the termination or cancellation of part or all of the underlying insurance stated in Item 5 of the Declarations not less than ten (10) days or otherwise not less than sixty (60) days, such cancellation shall be effective. The mailing of notice as aforesaid shall be sufficient proof of notice. The time of surrender or the effective date and hour of cancellation stated in the notice shall become the end of the policy period. Delivery of such written notice either by the first named insured or by the Company shall be equiva lent to mailing. If the named insured cancels, earned premium shall be computed in accordance with the customary short rate tables, but the Company shall nevertheless be entitled to retain as earned premium any minimum premium stated in Item 3 of the Declarations. If the Company cancels, earned premium shall be com puted pro rata. Premium adjustment may be made either at the time cancellation is effected or as soon as practicable after cancellation becomes effective, but payment or tender of unearned premium is not a con dition of cancellation. GLD055197 0049-GLD-000055197 CRUMP LONDOyNDERWRITERS CREATIVE INSURANCE SPECIALISTS 5350 POPLAR AVENUE P.O. BOX 171336 MEMPHIS. TENNESSEE 38117-1336 TELEX 361003 Fted S. James & Co. of New Bigland 40 Broad Street Boston, Ma. 02109-9990 ATTENTION: Peter Bove/Joe Zavagnin Date of Quote 3076 INSURANCE BINDER QUOTATION X BINDER. ,, . This <s effective QUOTATION 10-1-87 1. in s u r e d Hanson Industries, Inc. Iselin, N.J. and will stand for a period of gQ days. 2. COVERAGE Excess Umbrella Liability 3. POLICY LIMITS $5,000,000 Excess of $18,000,000 Excess of Underlying 4. RESTRIC TIONS As per National Union Lead Umbrella 5. INSURERS an d POLICY NUMBERS American Zurich Insurance Company QgQ 1380920-00 6. PREMIUM FEE TAX TOTAL $375,000.00 $375,000.00 7. PREMIUM ADJUSTMENT- RATE OF Per Flat DEPOSIT $375,000.00 8. ANNUAL MINIMUM $375,000.00 9. REMARKS AND CONDITIONS This Quotation or Binder is subject to the terms and conditions of the insurance policies described above and will bec< null and void upon issuance of said policies. AUTHORIZED REPRESENTATIVE 10-1-87 GLD055198 0049-GLD-000055198 ** UNBiaU LIABILITY PJmUN ALLOCATION KHkt-86' DISCONT PREMIUM COMPANY ESTIMATED * 1986/67 1985/86 HWSON BUILDING PROMTS ms BROUN MOULDING DUKE CITY KU NFS. SUPER.ITE 77,769 111,699 90,917 168,868 111,699 71,348 101,926 83,416 173,273 101,926 * DIFFERENCE DIFF,. 6,421 9,173 7,507 15,595 9,173 1.99 1.09 1.09 1.09 1.09 SUB TOTH. TEXTILES BfiVUS CARISBROOK ENCINQ 579,752 531,883 28,668 123,781 25,263 26,246 113,%1 23,177 47,869 1.09 2,362 19,226 2,086 1.09 1.69 1.69 SUBTOTAL 177,653 162,984 14,669 1.89 CONSUMER PRODUCTS ENDICOTT JOHNSON GEORGIA BOOT NEVCO TETERS 195,446 76,659 29,151 38,223 179,308 70,329 29,151 39,223 16,138 6,336 6 0 1.69 1.69 1.00 1.00 SUB TOTAL 339,478 317,611 22,467 1.67 FURNITURE * FURNISHINGS ANDERSON HICKEY RAU FASTENERS UNITED CHAIR 49,995 66,666 236,606 45,867 55,651 215,169 4,128 5,009 14,831 1.69 1.09 1.07 SUB TOTS. LIGHTING 346,655 316,687 23,968 1.08 COLUMBIA KEYSTONE PRE3COLITE 66,366 164,966 136,661 54,873 95,418 118,783 5,487 9,542 11,878 1.10 1.10 1.10 SUB TOTAL 295,981 269,674 6,987 1.10 USI INDUSTRIAL ATS BUILDING AXELS 340,139 CLEARING ** HURON LEON PLASTICS 151,360 506,066 352,843 47,457 96,903 137,609 562,347 323,709 43,143 88,698 13,760 (2,347) 29,134 4,314 8,816 1.10 1.60 1.99 1.10 1.10 SUBTOTAL l,14a,5&B 1,094,897 53,671 1.65 '86 SCK DIFFERENCE GLD055199 0049-GLD-000055199 ar3a -w3ii!Mr.w> . SCH ALLIED PAPER DURKEE FAH SUDDEN H DUSKS FOODS 8, OBI KLIENSDWIDIT 53,9551CTALS ** 63,765 ORGANIC DOIICALS PISHENTS PROCTOR SCHWARTZ SMITH CORONA 323, W 220,000 6,217 55,000 5,000 200,000 43,349 170,000 309,796 161,364 576,617 179,166 5,478 46,122 48,976 204,546 28,899 145,258 SUB TOTAL 1,100,550 1,726,224 AIR HAMILTON 10,193 GROM) ROUND 500,000 881,346 HfflfflON liffi 100,369 HYSRADE 325,741 298,845 471,928 ACTIVE TOTAL 4,808,394 5,709,513 0.8190 EARNED FACTOR 0.9810 UNEARNED FACTOR RENEW! FACTOR f KflKSGN COMPLIES SCH COPIES 1.03 1.50 UNERN PREH BUD/ACT DIFERENCE 13,204 1.04 77,449 141,694 (64,245) 48,832 2,739 8,878 16,024 14,546) 14,450 32,742 1.27 1.58 1.19 1.33 0.98 1.50 1.23 1625,659) 0.64 (10,193) 0.00 (381,346) fc57 (100,369) 0.00 26,896 1.09 (901,119) 0l B4 44,792 1,378 11,531 12,244 51,137 7,225 36,315 48,752 0 14,183 8,464 106,819 9 39,887 4,840 1,378 (2,653) 3,788 (55,683) 7,225 (3,573) 242,061 351,799 (189,738) u 4k GLD055200 0049-GLD-000055200 Jicte___euio I REORDER FROM Kwtl*^ W. HARTFORD. CONN. James FRED. S. JAMES & CO. OF NEW ENGLAND .INC. 40 Broad Street Boston, Massachusetts 02109 617 357-6600 Imurines Srakm Sines 1858 Jbi. A da jQ^sy-m --/y 00^a^eAd^AL___ <yy~}____ jy~ /^/ A/szA-Lt-JAiD .___ , W$WE.&-*'r --RECEIVED -;^QV-^H586- HaffsmrWrfrles-inC1: |f> ~0^>V m %ly~K w. fti' V SiGNE t* .! f f- GLD055201 0049-GLD-000055201 5 tmw IMSM imiwy mmmi 4 * 19-tor-ti FPOJI 70 000*5/ (00P'S) CARRIER 0 500 AT6/REJRS0RED 500 2,800 AID 2,5m 10.000 ^,Zl*"&Us,80Q Ck; ^-,^20,000 10,000 Aimmsmo 15,000 ST not 20,000 nmmnmL 25,000^0878 81YEPS 25.000 100,000 AH.-Lint SUP CBVERASE TOTAL PREHW JffWSIWfO urns 1000*5/ mms LIMITS 000*5/ IHSORED PREH1BH RATE PER tl,000,000 PRIMARY OCCBRAHCE 8 OCCBRAHCE 1,500,000 500 * 2,000 1,500,000 onmuA occmacE 1,500,500 8 OCCBRAHCE 1.036.000 8 OCCPP/WCE 700.000 8 OCCBRAHCE 245.000 8 OCCBRAHCE 105.000 8 m CLAIH HADE 1.280.000 Sfooa IjM 5,000 1,036,000 5,000 700,000 3,500 245JOOO TW 105,000 75,000 1,280,000 200,000 207,200 140,000 70,000 70,000 17,067 TOTAL 100,000 mmu 97,500 6,366,000 '4,866,000 8,000 7,500 92,000 4,8,OCO 90,000 3,366,000 MOTES ALTESHAUUS fm (000`S) TO (COO'S) CARRIER ' C0YERA6E TOTAL ESTIMATES PREItlUH REIHSURED IHSBRED ES7IIM7E0 RATE ' urns IlffITS IPSOKP PER 1000'S) {000`S) PREMIUM SI,000,000 8,000 10,000 20,000 25,000 100,000 10,000 StfAT AH SURPLUS 10.000 HARTFORD 25.000 Allt 100,000 XL LTD 100,000 ACE LTD BCCURME 800,000 OCC-HO ASS COY 1.650.000 CLAUS HADE 325.000 HOD CLAIH HADE 1.290.000 1 HOD CLAIH HADE 550.000 * 2.000 890,000 10.000 1,650,000 5,000 325,000 75.000 1,290,000 100,000 550,000 400.000 165.000 65,000 17,200 5,500 ' M7: HOST CBVERASE HAS LIMITED OR HO POLLtlTlM CHUUK * fSTIMTES ffMS47? IffSS 18,500,000 TO i/0,000,000 41. im SLIP D1SC8YERY CLAUSE CHST (351) OP 0 BOOM JfCP7: /Iff UK SUP 671 COMPLETE XL LTD 771 COMPLETE t 448,000 1 w Asmm ms mr pay 1 year 's pr ehiuh men j s r ej br r abl e m m yp; 2oi j w nr; io: (rif yp,* m-wr nr. US7 YFPrS OffSKUP PKff/M POP CflffTIMIPfi OP'S 5,140,052 . PREH l IRC. m um IK. SC11 LIMIT m. 0.95 o.n 1.7i GIj D055202 0049-GLD-000055202