Document M5o3nVwZagrbEzGaYL176m7M

(0 frf-tfr fctx.f CH-.^CA >/ ifla* fLu^vQ. (ri**) N17603 Sedgwick Sedgwick James of New Jersey, Inc. 3 Becker Farm Road, Roseland, New Jersey 07068-3786 Telephone 201 533-9393. Direct Telephone . FFaacsciRs^ilM3m&6$9- 0591 November 10,1995 Mr. Anthony R. Ferrara Risk Manager Hanson Industries 99 Wood Avenue South Iselin, NJ 08830 Re: American Excess Insurance Association Policy No. HR000099795 October 1,1995 - October lt 1996 Dear Anthony: As indicated in my letter of October 31, 1995, enclosedyou willfind the updated Peabody Coal Company Watercraft Schedule, which now includes values and descriptions. You can attached this to yourpolicy andapplication. AIEA has been advised accordingly. Ifyou shouldhave any questions, please advise. WUh kindest regards tbigniew Chrzescijanek Issociate Director ZC/lod Enclosure Insurance Broking Risk Services Employee Benefits GLD055963 0049-GLD-000055963 Sedgwick IV. PEABODY COAL COMPANY (PCCM) WATERCRAFT FLEET OF SWITCH BOATS AND BARGES A. Peabody Coal Company Eouinment Gross Tons Horse Power Year Insured Hull Built Value Total Hull Values No. In Crew Switch Boats M/V Jean McDowell 73 M/V Old Abe 72 660 1968 $300,000 600 1956 $150,000 $300,000 $150,000 2 3 M/V Ted Kelce 50 495 1960 $150,000 $150,000 2 Total $600,000 $600,000 Permanently Moored Fleeting Barsres Barge No. 152 (Kaskaskla) 1939 $20,000 $20,000 TVA 1 and 2 $38,157 $76,314 Barge MTM 202 179 $30,000 $30,000 Total $88,157 $126,214 B. Blue Grass Coal Company Eaumment Switch Boats M/V Eagles Nest 90 900 1975 $500,000 $500,000 Permanently Moored Fleetine Barees MAT 2 Repair (Kaskaskla) Steel Flat Deck Pontoon 1951 $50,000 $50,000 Summary Total Switch Boats 4 $1,100,000 $1,100,000 Total Fleeting Barges 4 Grand Total S $ 138.157 $1,238,157 $ 176.314 $1,276,314 GLD055964 0049-GLD-000055964 Sedgwick Sedgwick James of New Jersey, Inc. 3 Becker Farm Road. Roseiand. New Jersey 07068-3786 Telephone 201 533-9393. Direct Telephone 20lf>33~4688 . Facsirv JAM-3 January 2,1995 Mr. Anthony R. Ferrara Risk Manager Hanson Industries 99 WoodAvenue South Iselin, NJ 08830 Re: American Excess Ins. Assoc. (AEIA) Policy No. HR000099795 October 1,1995 to October 1,1996 Dear Anthony: Enclosed isyour copy ofEndorsement No. 10, which adds Drydock Builder's Enterprise to Schedule A ofthe captionedpolicy. Ifyou should have any questionsplease advise. With kindest regards, ngntew Chrzescijanek sociate Director ZC/lod Enclosure insurance Broking Risk Services Employee Benefits GLD055965 0049-GLD-000055965 AMERICAN EXCESS INSURANCE ASSOCIATION It is agreed that Schedule A. Subsidiaries or affiliates which form part ofthe NAMED INSURED is amended to include Diydock Builder's Enterprise, ajoint venture between Tidewater Construction Corporation and Kiewit Construction. This endorsement forms a part of the POLICY to which attached, effective on the Inception Date ofthe POLICY unless otherwise stated herein. (The information below is required only when this Endorsement is issued subsequent to preparation ofthe POLICY.) Policy No.: HR00Q099795 Endorsement Effective Date: October 1. 1995 Endorsement No.: 9 NAMED INSURED:. Hanson PLC Authorized Representative AEIA-SP-4 GLD055966 0049-GLD-000055966 fc f\QP Sedgwick Sedgwick James of New Jersey, Inc. 3 Becker Farm Road, Roseland, New Jersey 07068-3786 Telephone 201 533-9393. Direct Telephone 20^33-4688 Facsirt 6mrOS91 October 16,1995 J.7i Fn (3 ' ! E j!:ii j' T OCT 71995 Ih a n s g m 1 ^UUoRiES Mr. DonaldL. Schoenewolf Director ofRiskManagement Hanson Industries 99 WoodAvenue South Iselin, NJ 08830 Re: American Excess Insurance Association Policy No. HR000099795 October 1,1995 to October 1,1996 Dear Don: Please find enclosed renewal binder issued by AEIA. The renewal program provides a Limit of Liability of $50 Million in the aggregatefor all covered occurrences excess of the $100 Million per occurrence -underlyingprogram. Also enclosed is Endorsement No. 9 which adds Drydock Builder's Enterprise, a joint venture between Tidewater Construction Corporation andKiewit Construction, to the NamedInsureds. The renewalpolicy willfollow shortly. Ifyou should have any questionsplease advise. With kindest regards, /pi ZpipnewChrzescijanek Associate Director ZC/lod Enclosure insurance Broking Risk Services Employee Beneiils GLD055967 0049-GLD-000055967 i pnr+'mri*' /NTF Fax: 1-201-535-0591 Date: September 28,1995 To: Sedgwick James ofNew Jersey Attn: Richard Bennett Re: Hanson PLC AMERICAN EXCESS INSURANCE ASSOCIATION PREMIUM BEARING BINDER NAMED INSURED AND ADDRESS HANSON PLC 99 WOOD AVENUE, SOUTH BINDER PERIOD FROM 10-1-95 TO 10-1-96 12:01 a.m. Standard Time At the Address ofthe Named Insured ISELIN, NJ 08830 BINDER CONDITIONS The Association hereby acknowledges itselfbound, on and after the effective date and hour indicated, under such contracts ofinsurance issued by the Association. The insurance hereunder is subject to the terms and conditions ofthe American Excess Insurance Association Policy form, AEIA-l.(l-92) including the Liability of Insurer's Endorsement AEIA-2.(l-92), and as further amended by the endorsements) described below and attached to the quotation. ENDORSEMENT TITLE NUMBER Designated Products Endorsement Insurance Company E&O Exclusion Owned Aircraft Endorsement Property Damage to Insured's Products or Operations Exclusion Revision Endorsement Pollution Exclusion Revision Endorsement Amendment to I. Coverage ENDORSEMENT AEIA-5 AEIA-20 AEIA-34 AEIA-SP-1 AEIA-SP-2 AEIA-SP-3 Watercraft will be covered as follows: 1. Excess of $100 million, all owned and chartered or leased WATERCRAFT shown in Exhibit 3 ofthe renewal submission. 2. Excess of$100 million on all non-ownd WATERCRAFT less that 125 feet and not used to transport third parties or products ofthird parties. 3. PERSONAL INJURY or PROPERTY DAMAGE arising out ofa WATERCRAFT which fall within the definition ofINSURED'S PRODUCTS. 4. Coverage for "Norman" is excluded. Schedule A will apply to the following entities: Gifford HU1 American Holdings, Inc. Genoa Dock Corporation Squaw Creek Coal Company GLD055968 0049-GLD-000055968 Kayenta Mobile me Park Tecumseh Coal Corporation Yaamba Oil Shale Yaamba Magnesite Yankeetown Dock Corporation Dominion Terminal Associates Battleground Water Co. Battleground Water District Co. Retroactive Date: 10/01/86 Premium is due to the AEIA home office by 10-01-95 SCHEDULE OF COVERAGE TERRITORY TAX LINE LIMIT OF POLICY NUMBER STATE DIST. OF BUS. LIABILITY PER OCCURRENCE UNDERLYING AMT. HR000099795 29 N/A Total Provisional Premium $704,000. XY 100% OF $50,000,000 $100,000,000 The premium stated is an advance provisional premium. Acceptance by the Named Insured ofthe Policy replacing coverage provided hereunder shall render this binder null and void. The premium for this binder will be credited against the deposit or advance Policy premium. Ifthe premium for the Policy exceeds the premium paid for the Binder, the Named Insured shall pay the excess to the Association, ifless, the Association shall return the overpayment to such Named Insured. This Binder may be cancelled, under the terms and conditions provided by the form ofPolicy applicable, or by surrender by the Named Insured ofthis Binder. A premium adjustment win be made in compliance with Condition (q) of the Policy and, ifit is listed under "Binder Conditions" above. Endorsement AEIA-36 "Minimum Premium Endorsement." Countersigned by: Allen F. Lyons Farmington Management, Inc. General Manager and Agent for American Excess Insurance Association Farmington Management, Inc. General Manager and Agent for American Excess Insurance Association Fax: 203-282-9393 GI.D055969 0049-GLD-000055969 AMERICAN EXCESS INSURANCE ASSOCIATION It Is agreed that Schedule A. Subsidiaries or affiliates which form part ofthe NAMED INSURED is amended to include Diydock Builder's Enterprise, ajoint venture between Tidewater Construction Corporation and Kiewit Construction. This endorsement forms a part ofthe POLICY to which attached, effective on the Inception Date ofthe POLICY unless otherwise stated herein. (The information below is required only when this Endorsement is issued subsequent to preparation ofthe POLICY.) Policy No.:. HR000099795 Endorsement Effective Date: October 1.1995 Endorsement No.:. 9 NAMED INSURED: Hanson PLC Countersigned by AEIA-SP-4 PRODUCER COPY GLD055970 0049-GLD-000055970 . | he host is on the pumpkin but r I 1 this <k>es not mean we are A going in for our long _____ Winters nap! Details on AEIA's Excess Liability Program Attachment Profile; Did you know that 39% of our clients now attach over a $100 million attachment point? Here's our current spread ofattachments: Attachment Profile Account Size: Recap of 1995 Changes Some people fitink we only do Fortune 100 type risks. In fact, 21% of our clients have less than $500 million in sales. Mx By Attain? Size The 1995 year has been very important and bustling for American Excess. Since December 1, 1994, which is tite start of our fiscal year, the following changes have occurred: A). Effective December 1,1994, American Excess offers $100 million Limit of Liability. 6). First Annual AEIA Risk Managers' Council was held in Phoenix in February. Participation We are very pleased to announce that C). AEIA agrees to use the New effective December 1, 1995, that Prudential Insurance Co. has joined the Business Bermuda Application, amended by using the AEIA AEIA family. Prudential's participation Signature Page for new business. will be 5.625% of our $100 million This must include answers to limit. Please see the reverse for an exact listing. Questions 3,13 and, IS horn the 1/92 AEIA Application. / Policy Limit Profile: In less than one year of offering a full $100 million limit, 18% of our clients have purchased the maximum limit. Electric Utilities AEIA ts not only a market - but a darn good one for electric utilities. If your carrier is mandating an EMF exclusion; come see us. While AEIA has been looking closely at EMFs for several years, we have not imposed an exclusion. D) . Sunset Clause eliminated from American Excess policy for all New and Renewals, effective June 15, 1995. E) . Extended Reporting Period (ERP) 10-year limitation has been removed, provided insured pays applicable annual premium. Policy Limit Profile 1<K 9631 MU* aiAMUaa BtthUfflm NYC New #; 212-482-0950 New Area Code In CT A new area code is in effect in the East Hartford office of AEIA. The new area code is 860 which replaces 203. AEIA's main, number is now 860-528*2105. F). Territorial definition broadened to "anywhere". Until Nod Time!! William C. Hall, AEIA National Marketing Manager GLD055971 0049-GLD-000055971 AMERICAN EXCESS iNSURANCE AgSOCIATfOlNr MEMBER * 12-1-95 GROSS LIMIT AETNA CASUALTY & SURETY CONTINENTAL INSURANCE EMPLOYERS REINSURANCE FEDERAL INSURANCE FIREMAN'S FUND INSURANCE GENERAL ACCIDENT INSURANCE GENERAL STAR NATIONAL INDEMNITY INSURANCE CO. OF NORTH AMERICA NAC REINSURANCE CORPORATION NORTH AMERICAN SPECIALTY PRUDENTIAL INSURANCE COMPANY ST. PAUL FIRE AND MARINE TRAVELERS INDEMNITY ZURICH-U.S. BRANCH $ 16,725,000 $ 13,540,000 $ 2,600,000 $ 5,700,000 $ 6,290,000 $ 1,100,000 $ 5,210,000 $ 10,000,000 $ 6,290,000 $ 5,790,000 $ 5,625,000 $ 6,040,000 $ 8,500,000 6.590.000 $100,000,000 * Members of affiliates may vary by State. GLD055972 0049-GLD-000055972 SECTION I None Known MfflgQNJPLC SCHEDULE A SECTION n Name Uittord-flii] American Holdings, Inc. Genoa Dock Corporation Squaw Creek Coal Company Kayenta Mobile Home Park Tecumseh Coal Corporation Yaamba Oil Shale Yaamba Magnesite Yankeetown Dock Corporation Dominion Terminal Associates Battleground Water Co. Battleground Water District Co. Drydock Builders' Enterprise Operations Manufactures cornete pressure pipe-corporation Dock Transfer ofCoal Coal miningjoint venture Mobile Home Park-joint venture Coal mining-corporation Oil production-joint venture Magnesite production-joint venture Dock Transfer ofcoal-joint venture Terminal for Ocean Shipments of Coal-joint venture Water supply-joint venture Water supply with three pipelinesjoint venture Joint venture to construct a drdock extension for Newport News Shipbuilding and Drydock Corporation and to construct HOV lanes for the Virginia Department of Transportation GLD055973 0049-GLD-000055973 AMERICAN EXCESS INSURANCEASSOCIATION It is agreed that the attached Schedule A is amended to include DrydockBuilders' Enterprises. This endorsement forms a part of the POLICY to which attached, effective on the inception date ofthe POLICY unless otherwise stated herein. (the information below is required only when this endorsement is issued subsequent to preparation ofthe POLICY.) Endorsement effective: December 18. 1995 Policy No. HR000099795 Endorsement No.:10 NAMED INSURED: Hanson PLC AEIA-SP-5 Countersigned by: (Authorized Representative) GLD055974 0049-GLD-000055974 !ajbbOt\Qlo% U>}lz{zl r- GLD055975 0049-GLD-000055975 COMPANIES COLLECTIVE POLICY IN CONSIDERATION of the. Insured named in the Schedule hereto having paid the premium set forth in the said Schedule to the Insurers who have hereunto subscribed their Names (hereinafter referred to as "the Insurers"). THE INSURERS HEREBY SEVERALLY AGREE each for the proportion set against its name to indemnify the Insured or the Insured's Executors, Administrators and Assigns against Loss as more fully set forth in the attached wording and any amendments which are endorsed hereon, during the period of Insurance stated in the said Schedule or during any subsequent period as may be mutually agreed upon between the Insured and the Insurers. PROVIDED that:(1) the liability of the Insurers shall not exceed the Sum Insured expressed in the said Schedule. (2) the liability of each of the Insurers individually in respect of such loss shall be limited to the proportion set against its name. (3) this Policy shall be subject to the same terms, provisions, conditions, and limitations as are contained in die Co-insuring Policy. If the Insured shall make any claim knowing the same to be false or fraudulent as regards amount or otherwise, this Policy shall become void and all claim thereunder shall be forfeited. IN WITNESS WHEREOF I, being a representative of the Leading Company and authorised by the said Company and by all other Companies appearing hereon to sign this Policy on their behalf, have hereunto subscribed my name this~rrt \ftreirm-* day of One Thousand nine hundred and omer'i e ig h t S.R.2 (WDG) GLD055976 0049-GLD-000055976 Date 1st October 1998 Policy No. 460/013044/01 THE SCHEDULE The Insured Millennium Chemicals Incorporated and Millennium America Incorporated and all Subsidiaries and/or Associated Companies Premium US$18,665.29 part of US$127,897.00 Sum Insured Hereon 14.594% part of 100% of the following limits US$25,000,000 any one occurrence but in the aggregate in respect of products liability In excess of US$50,000,000 any one occurrence but in the aggregate in respect ofproducts liability in excess of Underlying The Interest Insured To indemnify the Insured for all sums which the Insured shall become legally liable to pay as damages or compensation consequent upon Personal Injury Property Damage Advertising Liability arising out of an occurrence during the period in connection with the business Insured Perils Umbrella Liability Period of Insurance From 1 st October 1996 To 31 st December 1997 Both days inclusive and for such further period or periods as may be mutually agreed. GLD055977 0049-GLD-000055977 COINSURANCE CLAUSE It is warranted that this Policy shall run concurrently with and be subject to the same terms, provisions, and limitations as are contained in Policy No DL191996 issued by Gerling-Konzem Allgemeine Versicherungs-Aktiengesellschaft covering the identical subject matter and risk. GLD055978 0049-GLD-000055978 The Insurers Sun Alliance and London Insurance pic Zurich International (UK) Ltd Generali Proportion Reference Numbers 4.054% 4.054% 6.486% GA00492202 '50962813 96 GM03495 G800 02 GLD055979 0049-GLD-000055979 Lir ma Po l ic y V In Consideration of the Insured named in the Schedule hereto having paid the premium stated in the said Schedule to the Insurers named herein who have hereunto subscribed their names ("the Insurers") The Insurers hereby severally agree each for the proportion set against its own name to indemnify the Insured or the Insured's Executors and Administrators against loss, damage or liability to the extent and in the manner set forth herein. Provided that the aggregate liability of the Insurers shall not exceed the Sum Insured or other limits as are set forth in the Schedule. If the Insured shall make any claim knowing die same to be false or fraudulent, as regards amount or otherwise, this Policy shall become void and all claims hereunder shall be forfeited. In witness whereof the Director of Policy Signing Services of Lo n d o n In s u r an c e an d Rein s u r an c e Ma r k et As s o c iat io n ("LIRMA") has subscribed his name on behalf of each of the LIRMA Companies and (where the Companies Collective Signing Agreement ("CCSA") is being implemented) on behalf of the Leading CCSA Company which is a LIRMA member and authorised to sign this Policy (either itself or by delegation to LIRMA) on behalf of all the other CCSA Companies. Director ofPolicy Signing Services Date as in the Schedule. U:\CSTlVMIUXHEM\POLICnXSPPHC3CSAM GLD055980 0049-GLD-000055980 Th e Sc h e d u l e Date 6th June 1997........ Policy No 460/013044/01. The Insured Millennium Chemicals Incorporated and Millennium America Incorporated and all Subsidiaries and/or Associated Companies Premium Sum Insured The Interest Insured Insured Perils US$6,914.11 part of US$127,897.00 in full HEREON: 5.406% part of 100% ofthe following limits US$25,000,000 any one occurrence, but in the aggregate in respect ofproducts liability In excess of US$50,000,000 any one occurrence but in the aggregate in respect ofproducts liability during the period in connection with the business in excess of underlying policies To indemnify the Insured for all sums which the Insured shall become legally liable to pay as damages or compensation consequent upon: Personal Injury Property Damage Advertising Injury arising out of an occurrence during the period in connection with the business Umbrella Liability Period ofInsurance From 1st October 1996 To 31 st December 1997 both days inclusive and for such further period or periods as may be mutually agreed. U:\CSri\MUACHEMlFOUCV\XSPPLVCJ0.SAM GLD055981 0049-GLD-000055981 Coinsurance Clause N It is warranted that this Policy shall run concurrently with and be subject to the same terms, provisions, and limitations as are contained in Policy No. DL191996 issued by Gerling-fConzem Allgemeine Versichemngs-Aktiengesellschaft covering the identical subject matter and risk. Several Liability Notice The subscribing insurers' obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part ofits obligations. LSW 1001 08/94 (INSURANCE) UACSTaMILLCHEMU'OIJCYVXSPPLCSO.SAM GLD055982 0049-GLD-000055982 0049-GLD-000055983 POLICY ENDORSEMENT Attaching to Policy Number : 460/013043/01 Endorsement Number Two Insured Millennium Chemicals Incorporated and Millennium America Incorporated and all Subsidiaries and/or Associated Companies It is hereby noted and agreed that the period of insurance is extended to expire at 11.59pm on 31st December 1997. Aggregate limit increased on a pro rata basis in line with the policy period extension. Additional premium US$30,463.32 part ofUS$62,421.00 All other terms and conditions remain unaltered. Date of Issue : 26th October 1998 U:'CSTl\MlLIjCHESjfPOUCY'JffiU:6l.SAM GLD055984 0049-GLD-000055984