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Agenda Packet_2025-08-05
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Agenda Packet_2025-08-05
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7/30/2025 5:11:00 PM
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Agency
Clerk of the Council
Date
8/5/2025
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<br />City of Santa Ana <br />Deductibles/SIR Proposed <br />Deductible - PD/BI and Liability Combined $0 <br />Deductible - Each Occurrence / Claim <br />Deductible:$0 <br />$0Deductible - Terrorism - Each Occurrence / <br />Claim <br />Defense Limitations Proposed <br />Liability Defense expenses erode the limit <br />Form Type Proposed <br />Form Type - Terrorism Occurrence <br />Endorsements (including but not limited to) <br />California Surplus Lines Notice 1 (Post Bind) - A01861CA 012024 ed. <br />(Re)Insurers Liability Clause - E17206 122024 ed. <br />Cap on Losses Arising Out of Certified Act of Terrorism - E10177 062017 ed. <br />Policyholder Disclosure Notice of Terrorism Insurance Coverage - E06680 082020 ed. <br />Premium Payment Clause - E17208 122024 ed. <br />Sanction Limitation Clause - E16415 012024 ed. <br />Service of Suit Clause (U.S.A.) - E17209 122024 ed. <br />Participation Clause - E17212 122024 ed. <br />Demolition and Increased Cost of Construction Extension - E17207 122024 ed. <br />Exclusions (including but not limited to) <br />Nuclear, Radioactive <br />War <br />Chemical or Biological <br />Auditable Exposures: <br />Description Expiring Rate Expiring Exposure Rate Exposure <br />Total Insured Values $777,685,467 <br />Binding Requirements: <br />Description <br />Subject to The Return of a Completed and Signed Surplus Lines Verification Form Must be Received in our Office Within <br />Twenty (20) Days of Binding / California Surplus Lines Disclosure Statement (Pre Bind) <br />Other Significant Terms and Conditions/Restrictions: <br />Description <br />Subject to: No material changes; No previous incidents <br />Choice of Law: New York <br />VALUES <br />Deleted and replaced by USD 20,000,000 errors and omissions sublimit <br />Significant Restrictions or Exclusions: As detailed in the attached policy wording <br />We have determined an allocation of the premium for TRIA coverage. The allocation we have made in respect of US <br />exposures to Acts of Terrorism, as defined under TRIA, is 80% of your current premium. <br />31 <br /> <br /> <br />City Council 15 – 35 8/5/2025
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