Laserfiche WebLink
L.NIC <br />League of Minnesota Cities <br />Cities promoting excellence <br />J <br />145 University Avenue West, St. Paul, MN 55103 -2044 <br />Phone: (651) 281 -1200 • (800) 925 -1122 <br />Fax: (651) 281 -1298 • TDD (651) 281 -1290 <br />Web Site: http: / /www.lmnc.org <br />November 22, 1999 <br />To: LMCIT member cities and agents <br />From: Pete Tritz <br />Re: Statutory tort liability limit increase <br />On January 1, 2000, the statutory municipal tort liability limit increases from $750,000 to <br />$1,000,000 per occurrence. (The per - claimant limit of $300,000 does not change.) <br />Here's how LMCIT will adjust members' liability coverage limits to reflect the change: <br />• All liability coverage written or renewed on or after November 15 will carry a limit of <br />$1,000,000 per occurrence. <br />• All cities whose current coverage expires after January 1 will receive an automatic <br />endorsement increasing their coverage limit to $1,000,000 per occurrence effective <br />January 1. There will be no additional charge for this endorsement. <br />The LMCIT Liability coverage also has sub - limits and/or annual aggregate limits on <br />coverage for certain exposures. These will be adjusted as follows both on newly- issued <br />coverage and on the mid -term endorsements: <br />Exposure <br />Current limit <br />New limit <br />Products / completed operations <br />$750,000 annual aggregate <br />$1 M annual aggregate <br />Failure to supply utilities <br />$750,000 annual aggregate <br />$1 M annual aggregate <br />Electromagnetic fields <br />$1.5 M annual aggregate <br />No change <br />Fire damage <br />$50,000 / occurrence <br />No change <br />Medical payments <br />$1000 /$10,000 <br />No change <br />Limited pollution* <br />$750,000 annual aggregate <br />$1 M annual aggregate <br />Lead and asbestos* <br />$200,000 annual aggregate <br />No change <br />Land use litigation* <br />$1 M annual aggregate <br />No change <br />Uninsured / underinsured motorist <br />$50,000 / occurrence <br />No change <br />Employers liability (work comp) <br />$750,000 annual aggregate <br />$1 M annual aggregate <br />Y2k — basic* <br />$25,000 annual aggregate <br />No change <br />Y2k — expanded* <br />$750,000 annual aggregate <br />No change <br />* This limit applies to both damages and defense costs. <br />Page 31 <br />