Document pmKrwDyxG3VDVwGzRdMegK1wX
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j.'J c = GREAT AMERICAN INSURANCE COMPANY 171A = AMERICAN NATICNAL FIRE INSURANCE COMPANY I'&AAS AMERICAN ALLIANCE INSURANCE COMPANY G AGs a g r ic u l t u r a l NSURANCE c o mp a n y
(BoCh o stock corporation, herein called the company) Instance is afforded by the company designated.
ADMINISTRATIVE OFFICE-
GXEAT
insur an
Ac eMc Eo mR^IaC/wAeNs
SBC WALNUT STREET
CINCINNATI. OHIO 45202
EXCESS LIABILITY POLICY
Hen DECLARATIONS
POLICY NUMBER f=TZ 4025696
Legal Entity
Named Insured Hanson Industries, Inc. Mailing Address 4 10 Park Avenue
!_! Individual
L J Partnership
New York, N.Y. 10022
Ljt Corporation
B.j|_
h 2:0 C A,M ftTA0A<*9 TIME AT TMC fcODRCSI
Policy riflOd. 0> rm; h a m to in s u a c o a s s t a t c o mc a c ik
From: 1 Q/l/86
L'J
To: 1Q/1/87
Agent or Broker Glanvill Special Risk Insurance Brokers Inc.
90 John Street
New York, N.Y. 10038
New
CODE
Limits of Liability
Premium Computation;
(A) Premium Basis (B} Estimated Exposure
Flat
XJ Annual
r 1 Term
- N/A
$ 1,500,000 3 1.500.Q00
each occurrence
aggregates_________As per End 11 It 1
(C) Rate per
N/A
(D) Estimated Premium (E) Minimum Premium (F) Advance Premium
XJ Annual
G Term
*
(_X Annual
LJ Term
i-X Annual
l~ 1 Term
Ccc
IcT
$ 105.000
S 105.000
Endorsements
5.14004H--4-73 End'ts & 1-12
SCHEDULE OF UNDERLYING POLICIES
(A) insurer, Policy Number, Policy Period
(3) Type ef Coverage
National Union XBA 10/1/86 to 10/1/87
Umbrella Liability
As per schedule 'in the company's files.
......................... * ~*T Following Form Excess Liability
(C) Limits of Liability
$8,000,000 each 3ccurreuce/aggregate ahe.g^ applicable excess ^TWP.'Sd-mary and/or any 3IR.'V:-
PLUS
$10,000,000 each ^)ccurrence/aggregate
'^rhere applicable excess Jmbrella Liability.
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.iU
RATES-:
FTZ 103 (5/62)
Countersigned by.
7"^- 7i/}o-l
AUTHORIZED REPRESENTATIVE
N17572
INSURED
(
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p o l ic y NUMaun
CtEV/MVERlCW
INSURANCE COMPANIES
Hanson Industries, Inc.
FT2402S
EFFECTIVE OATE 10-1-86
POLICY PERIOO
AUTHORIZED REfRESENTATIV^^
10-1-86 to 10-1-87
Complete the above spaces (/ tbis endorsement is not attached to the policy token issued.
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#i GENERAL ENDORSEMENT
v '
limits of Liability
It Is hereby understood and agreed the Limits of Liability are as follows:
$1,500,000 CSL each occurrence /aggregate where applicable part of $5,000,000 CSL each occurrence/aggregate where applicable excess of $18,000,000 CSL each occurrence/aggregate where applicable excess of primary and/or any SIR.
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F.14004H --4*73
THIS POLICY IS SUBJECT OTHERWISE TO ALL ITS TERMS. >
GLD055274
0049-GLD-000055274
INSUREO '
(
POLICY NUMBER
NSW>ANAceMeEouRPIACMACNs
Hanson Industries
A FTZ4025696
EFFECTIVE OATS 10-1-86
POLICY PERIOD
10-1-86 ,,to 10-1-87
AUTHORIZES REfRESNT7|TVE _
Complete the above spaces if this endorsement is not attached to the policy tehen issued.
I
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GENERAL ENDORSEMENT #2
NON-CONCURRENT PRIMARY INSURANCE COVERAGE
In consideration of the premium charged, it is agreed that "A. INSURING AGREEMENTS" is deleted and replaced by the following Insuring Agreement.
A. INSURING AGREEMENTS
In consideration of the payment of the premium, the American Alliance Insurance Company (hereinafter called the company) agrees to indemnify the insured for loss excess of the Limits of Liability shown in the declarations. Coverage provided by this policy shall be the same as that provided by the Umbrella Liability policy described in the schedule of Underlying Policies.
In the event any Following Form Excess policy provides coverage which is not as broad as the Umbrella Liability policy, the company's policy shall apply excess of the total Limits of Liability of all policies shown in the Sche.dule of Underlying Policies without regard to coverage differences and whether collectable or not collectable.
The company shall be furnished a complete copy of each policy described in the Schedule of Underlying Policies. The insured shall immediately notify the company of any change in coverage or Limits of Liability, other than a redaction in any aggregate limits as the result of the payment of a claim. Failure of the insured to report such a change shall not invalidate this policy but, in the event of failure to report such change, the company shall only be liable for loss to the same extent as it would have been had no change been made.
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F.I4004H --4-73
THIS POUCY ISSUBJECT QTHBRWtSE TO ALL ITS TBRMS.
0049-GLD-000055275
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GtEAT AMERICAN
INSURANCE COMPANIES
INSURED
POLICY NUMBER
Hanson Industries
FTZ4025696
EFFECTIVE DATE
POLICY PERIOO
AUTHORIZES REPRESENTATIVE
10-1-86
10-1-86 ,to 10-1-87 _____U.J
- .
Complete the above spaces if this endorsement is not attap/fSjto the policy tuaeh issued.
JJ
GENERAL ENDORSEMENT
In consideration of the premium charged, it is hereby understood and agreed that this policy does not cover operations of the following Wanted Insured:
Glidden Paints Durkee Foods
'i -
c- i -- <1.73
TWIS POLICY AS SUBJECT OTHERWISE TO ALL ITS TERMS. _
0049-GLD-000055276
pouter NUMBER
CHEAT AMERICAN irsu*AMce c o mpan ies
Hanson, Industries
EFFECTIVE OATE 10/1/86
POUCY PERIOD
10/1/86 t0
10/1/87
FT24025696
AUTHORIZEDjiypR^EKTATI^^ t
Complete the above spaces if Ibis endorsement is not attached the policy when issued.
GENERAL ENDORSEMENT f?4
Workers Compensation Exclusion
In consideration of the premium charged, it is agreed that this policy does not apply:
a) to any obligation for which the insured or the insured's Insurer may be held liable under, any worker's compensation, unemployment compensation or disability benefits law, or under any similar law, provided, however, that this exclusion does not apply to liabilty of others assumed by the named Insured under contract.
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F.14004H -4-73
THISPOLICY fSSUBJECTOTHERWISE TO ALL ITS TERMS
GLD055277
0049-GLD-000055277
it
<REr\T/\JVRICW IMSUflAMCC COMPANIES
INSUREO
( POLICY NUMBER
Haasos Industries
FTZ4025696
EFFECTIVE OATE
10/L/86
POLICY PERIOO
IO/1/86 |0
10/1/87
AUTKORIZ
Complete the above spaces if this endorsement is not attach*fd to the policy when issued.
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GENERAL ENDORSEMENT 85 OCCUPATIONAL DISEASE EXCLUSION
It is hereby understood and agreed that this policy shall not apply to any liability for bodily injury, sickness, disease, disability or shock including death at any time resulting therefrom caused by the following diseases;
1. 81ack Lung Disease 2. Mesothelioma ' 3. Emphysema 4. Pneumoconiosis 5. Pulmonary Fibrosis 6. Pleuritis 7. Endothelioma 8. Asbestosis 9. Byssinosis
Or any lung disease or ailment caused by. or aggravated by inhalation of dust.
1
U Us.
P.1400AH--4-73
THISPOUCY IS SUBJECTOTHERWISE TO ALL ITS TERMS,
GLD055278
0049-GLD-000055278
JL
GlErtTANERlCVJ
INSURANCE COMPANIES
INSURED
POLICY NUMBER
Hanson Industries
A FTZ4025696
EFFECTIVE OATH
POLICY PERIOD
AUTHOREDJipFRESCT^-A^IVE.
10-1-86
10-1-86 . 10-1-87 fO
Complete the above spaces if this* endorsement is nottJ/aatttiaagthed to the policy when issued.
VJ
GENERAL ENDORSEMENT //6
DISCRIMINATION EXPLOSION
It is agreed that this policy does not apply to any liability resulting from discrimination based on, but not limited to, race, color, creed, sex, religion, age, national origin, handicap, sexual preference, etc., whether or not for alleged violation of any federal, state or local governmental law or regulation prohibiting such
discrimination.
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F.140C4H - 4-73
THIS POLICY IS SUBJECT 0THERWtSE TO ALL ITS TEAMS.
0049-GLD-000055279
INSUREO
POLICY NUMBER
CREW rWERiCAN
INSURANCE COMPANIES
Hanson Industries
FTZ4025696
EFFECTIVE OATS
POLICY PERIOO
AUTHORIZED RBl
10-L-86
10-1-86 ,0 10-1-87
Z2
Complete the above spaces if this endorsement is not attachedjaiffe policy when Issued
GENERAL ENDORSEMENT 7
,,,v$
PROFESSIONAL LIABILITY EXCLUSION
It is agreed chat this policy shall not apply to injury
caused by any error, omission, malpractice or mistake in the rendering of or failure to -render professional services committed or alleged to have been committed by or on behalf of any insured.
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isArn:
F.14O04H-4-73
THIS POLICY IS SUBJECT OTHERWISE TO ALL ITS TERMS. ' j.
0049-GLD-000055280
1NSURCO
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POLICY NUMBER
GintsEuA^aT^Ac cMcUo mttpGanUieMs
Hanson Industries
d J FTBjfr02596
EFFECTIVE DATE
POLICY PERIOD
AUTwoitrrairREpft
_n ^
10/1/86
10/1/86 t0 10/1/87
Complete the above spaces </ this endorsement is not `attat&sed to the policy when issued.
GENERAL ENDORSEMENT 0 g
FORMALOEHVDE EXCLUSION
This insurance does not apply to any liability for property damage, bodily injury, sickness, disease, occupational disease, disability, shock, death,mental anguish and mental injury at any time arisng out of the manufacture of, or use of, or exposure to Formaldehyde, or to any obligation of the insured to Indemnify any party because of damages arising out of such property damage, bodily injury, sickness, disease, occupational disease, disability, shock, death, mental anguish or mental injury at any time as a result of the manufacture of, use of, or exposure to Formaldehyde.
It is further understood and agreed that the National Union Fire Insurance Company of Pittsburgh, Pennsyvalnia not be obligated to defend any suit or claim against the insured alleging personal Injury or property damage and seekfrrg damagesjgsuch suit or claim arise from personal injury or property damage resulting from or contributed to, by any, and all manufacture of, use of, exposure to. Formaldehyde.
All other terms and conditions remain unchanged.
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F.14004H -*4-73
THIS POLICY IS SUBJECT OTHERWISE TO ALL ITS TERMS
0049-GLD-000055281
(-
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INSURED
POLICY NUMBER
HANSON INDUSTRIES
FTZ4025696
ef f ec t iv e d at e
POLICY PEftfO
AUTMOfiJZEO^PR^EMTAT^E^ .
10717 as____ 10/1/86 to 10/1 f 87
Complete the above spaces if this endorsement is not attaeffed t4 the policy when issued.
GENERAL ENDORSEMENT
REVISED
FORMALDEHYDE EXCLUSION
This insurance does not apply to any liability for property damage, bodily injury, sickness, disease, occupational disease, disability, shock, death, mental anguish and mental injury at any time arisng out of the manufacture of, or use of, or exposure to Formaldehyde, or to any obligation of the Insured to indemnify any party because of damages arising cut of such property danfage, bodily injury, sickness, disease, occupational disease, disability, shock, death, mental anguish or mental injury at any time as a result of the manufacture
of, use of, or exposure to Formaldehyde.
If is further understood and agreed that the American Alliance Insurance Company will not be obligated to defend any suit or claim against the insured alleging personal injury or property damage and seeking damages, if such suit or claim arise from personal injury or property damage resulting from or contributed to, by any, and all manufacture of, use of, exposure to. Formaldehyde.
All other terms and conditions remain unchanged.
FM40O4H-4-73
THIS POLICY ft SUBJECT OTHERWISE TO ALL ITS TERMS.
GLD055282
0049-GLD-000055282
(-
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INSURED
POLICY NUMBER
GlN*9U***T*NACeMCEOMRPIACNAIENS
Hanson Industries
f\ FTZ4025696
EFFECTIVE DATE 10-1-86
POLICY PER100
10-1-86 ^ 10-1-87
AUTHORIZED REPjaSEN^TIVe
*
Complete the above spaces '/ this endorsement is not attached thdpolicy when it sued.
7
GENERAL ENDORSEMENT #9 AIRCRAFT PRODUCTS AND GROUNDING LIABILITY EXCLUSION
It is agreed that this policy shall not apply to any liability arising out of aircraft products or reliance upon any representation or warranty made with respet thereto* or to any liability arising out of the grounding of any aircraft.
"Aircraft Products" means aircraft (including missiles or spacecraft) and any other goods or products manufactured, sold, handled or distributed or services provided or recommended by the insured or by others trading under the inusred's name for use in the manufacture, repair, operation, maintenance or use of any aircraf t
"Grounding" shall neam the withdrawal of one or more aircraft from flight operations or the imposition of speed, passenger or load restricions or such aircraft, by reason of the existence of or alleged or suspected existence of any defect, fault, or condition in such aircraft or any part thereof, sold* handled or distributed by the insured or manufactured, assembled or processed by any other person or organization according to specifications, plans, suggestions, orders or drawings of the insured or with tools, machinery or other equipment furnished to such persons or organizations by the insured, whether such aircraft so withdrawn are owned or operated by the same or different persons or organizastions .
F23060
*
F.14004H -- 4-73
THISPOUCYiS SUBJECTOTHERWISE TO ALL ITS TERMS.
0049-GLD-000055283
INSURED
( '*
(
POLICY HUMBER
ClfW /VWERION
IN9URANCC COMPANIES
Hanson Industries
4 FT24025696
EFFECTIVE OATE
10/r/86
POLICY PERfOO
10/1/86 t0 10/1/87
O MoAUTHORIZED REPHgS6N<>TIVE ---
Complete the above spaces if ibis endorsement is not atfdcb^d to He policy when issued.
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GENERAL ENDORSEMENT #10. '
. . 'l
- *v' - - i
JOINT VENTURES & WRAP-UPS EXCLUSION
It Is agreed that this policy may be endorsed to Named Insured's interest in joint ventures and wrap-ups provided written notice be given to the Company at the inception of the Named Insured's involvement in such operations.
It Is further agreed that the Limits of Liability under this policy shall apply with respect to joint ventures or wrap-ups excess of the following, whichever is greater:
(1) Primary coverages as scheduled in this policy and written on behalf on the Named Insured.
(2) Self-Insured Retention as defined in II of the Insuring Agreements except that such Self-Insured Retention will be at limits as scheduled in the underlying Schedule A or $10,000. whichever is the greater.
(3) Any other valid and collectible insurance.
V\ AW-
F.14004H -4-73
THIS POLICY ISSUBJECT OTHERWISE TO ALL ITS TERMS.
GLD055284
0049-GLD-000055284
INSUREO
POLICY NUMBER
GtEVT AMERICAN
NSUSANCt
Hanson Industries
FTZ4025696
EFFECTIVE DATE 10/1/86
p o l ic y pemoo
10/1/86 ,to 10/1/87
htrmcpj te^ytEpftES^r^Ti'^e
Complete the above spaces i[ this endorsement is n<ft atlhcbed to the policy when issued.
GENERAL ENDORSEMENT ^11
WAR RISK EXCLUSION
This policy does not apply to any Bodily Injury, Personal Injury or Property Oamage due to war, whether or not declared, civil war, insurrection, rebellion, or revolution, or to any act or condition incident to any of the foregoing when occurreing outside the United States and Canada.
All other terras and conditions of this policy re (train unchanged.
HIM
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Eu 4
F.14004H --4-73
THIS POLICY IS SUBJECT OTHERWISE TO ALL ITS TERMS.
0049-GLD-000055285
INSURED
(
(
CMSTUKRATNCMG CEOMrPaAoNIEwS
Hanson Industries -
EFFECTIVE DATE 10-1-86
POLICY PERIOD
10-1-86 f0 10-1-87
Complete the above spaces if this endorsement is not at
GENERAL ENDORSEMENT //12
POLICY NUMBER
124025696
? the policy when issued.
WATERCRAFT EXCLUSION
In consideration of the premium paid, and notwithstanding anything contained in this policy to Che contrary, it is agreed that this policy shall not apply to any liability for personal injury or property damage arising out of the ownership, maintenance, operation, use, loading or unloading of any watercraft.
AFTZ13
*
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, -
F.14004H -- 4-73
THtSPOLtCY ISSU8JECTOTHERWISE TO ALL tTS TEAMS.
0049-GLD-000055286
JL
GffiVANERKVI
INSURANCE COMPANIES
INSUREO
( '
c POLICY HUMBER
Hanson Industries Inc.
, FTZ402569.6
EFFECTIVE OATE
10-1-86
POLICY PERIOD
10-1-86
10-1-87
AUTHORIZED REPRESENTATIVE r*)
11JL Mo--_
Complete the above spaces if this endorsement is not attached tfftbej iolicy when issued.
GENERAL ENDORSEMENT #13
In consideration of the premium charged, it is hereby understood
and agreed that the schedule of underlying policies is amended to include National Union's policy number BE9439790.
SUUH'T V
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F.14004H -- 4-73
THIS POLICY IS SUBJECT OTHERWISE TO ALL ITS TRMS.
GLD055287
0049-GLD-000055287
INSURED
(^
POLICY NUMBER
CREf\r/*AEmCVJ
NSUPANCC COMPANIES
Hanson Industries
EFFECTIVE DATE 10-1-86
policy PERIOO 10-1-86 t0
10-1-87
FTZ4025696 _A_U_T_H_O__R_I_ZEfD /IRXEPRE-SENTMMIVeE --.
Complete the above spaces if ibis endorsement is not attaoEedJto the policy when issued.
GENERAL ENDORSEMENT # 16
In consideration of the premium charged, it is hereby understood & agreed that endorsement #3, as respects Durkee Foods, is amended to read Durkee Famous Foods.
! SJTBE:; MI-'! T
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TATE MSISASCE iM N0
*R&
..ESSHi i'OliilTsT. T^-. :x
MC:sc 8/21/87
F.14004H -- 4-73
THtSPOUCY IS SUBJECTOTHERWISE TO ALL ITS TERMS
GLD055288
0049-GLD-000055288
INSURED
-
POLICY NUMBER
M8VPANCS COUPANCS
Hanson Industries, Inc.
. ' FTZ^40256A96
EFFECTIVE DATE
4-1-87
POLICY PERIOD
10r.lr.86 to 10-1-87
AUTHORIZES REjglESENr
Complete the above spaces if this endorsement is not attjcbetf to the policy when issued.
GENERAL ENDORSEMENT ,, . .
k Lfi
In consideration of the additional premium of $21,042, it is hereby understood and agreed that Kaiser Cement Corporation is added as an additional named insured.
GR: f t 5-19-8.7
:ai siiiiiun t o THE fliiKo
hn,.
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F.14004H --4*73
THISPOLICY IS SUBJECT OTHERWISE TO ALL ITS TERMS.
GLD055289
0049-GLD-000055289
INSURED
(
(
POLICY NUMBER
CINHSEURAATNACENCEOMRPAICNIEWS
Hanson Industries, Inc.
/\ FTZ 4025696
EFFECTIVE OATS
POUtCY PERIOD
* AUTHoiaa3R^|ResgN^^ye
4/1/87
10/1/86 to 10/1/87
Complete the above spaces if this endorsement is not atfbcbjd to the policy when issued.
GENERAL ENDORSEMENT # I
RIP AMD TEAR 'EXCLUSION
In consideration of the premium charged, it is agreed that coverage as afforded by this policy does not apply to any liability resulting from the removal, withdrawal, repair or replacement of concrete, piping, roofing, vinyl siding or fiberglass products nor the "loss of use" of tangible pro perty including but not limited to materials, parts, equip ment and labor costs to remove, withdraw, repair or replace concrete, piping, roofing, vinyl siding or fiberglass products.
GR: ki 5/29/87
F.14004M --4-73
iv'vic'
THIS POLICY IS SUBJECT OTHERWISE TO ALL ITS TERMS
GLD055290
0049-GLD-000055290