04-22-1981 Council Agenda - Laserfiche WebLink

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A. McNAMARA COMPANY 1330 HIGHWAY 96 ST. PAUL, MINNESOTA 55110 (612) 426 -0607 Commercial Insurance Brokers PUBLIC OFFICIALS LIABILITY COVERAGE COVERAGE SUMMARY "THE INSURED" The pottcy will be held by the pubtLc entity to which the ODUici.ae belongs, but coverage extends to: *The pubt.La entity itse -S. *A2l elected on appointed oSSicLaes on memebehs oU commissions, boaxds on units mutating under the junisdLctLon oU the pubtLc entity. *All 1 ccU -t%me employees, de&ined as those wo'thLng at £east 20 howu6 a week. *The estates, he-vus, £ega£ nepnesentatLves on assigns oU deceased persons who were inswted at the time oS the wnong{ul act. and now coveItage is extended to act Attorneys, Architects, Engineers and Accountants white acting in the scope oS theist pnoSesional duties as employees ofi the pubtta entity. And because the potLcy is held by the pubtic entity itset1, new oSUL Lc/A on employees cute automaticalty cove/tad at no addi tLona,e pnem -Lum change. "THE COVERAGE" The pottcy wttt pay on beha -S oS the Insureds On any loss nesuttLng Unom aetua£ on atteged "WnongSu, Acts" committed by the Inswted, provided the claim is iiikst made during the pottcy peh-Lod. *WnongSul Act is defined as any actual on alleged ennon on misstatement on act on omission on negtect on breach oU duty including misseasance, ma2Ueasance, and non- {leasance by the Inswteds in the discharge oS theik duties with the pubti-c entity, indi.viduaEty on eoltectLvety, on any matteh a£aLmed against them so£eny by reason oS theist being on having been Insureds. *Loss is de&ined to include not onty damages and settlements but also legal Uees incwuced as cost oS investigation and defense oU legat action. *SPECIAL PROVISION - Claims F.uu6t Made. The potLcy covers alt claims 4i/List made during the porky pextod, including claims arising 6/Lam unknown pn-Lon acts. 14