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ORDER
NO. R97-01
SURPLUS
LINES PLACEMENT LIST
On October 17, 1996,
a hearing was held pursuant to AS 21.06.180 – 21.06.230
to receive testimony regarding insurance coverage which insureds
are generally unable to secure from admitted insurers for
consideration by the director for inclusion on the surplus
lines placement list. Other written and oral testimony was
also received in accordance with the hearing notice.
Producing brokers are
reminded that, under AS 21.34.020(3) and 3 AAC 25.030,
they must use due diligence to determine whether the insurance
is available from an admitted insurer. Due diligence will
be presumed if the producing broker affirms that the
coverage is unavailable and the unavailability is documented
by the affirmation that the coverage is on this list. Nothing
herein shall preclude the producing broker from applying for
an exception under AS 21.34.020(4).
This order replaces
Order R95-08, issued December 14, 1995, and subsequent amendments.
Under 3 AAC 25.040,
the following is the January 13, 1997, surplus lines placement
list:
AUTOMOBILE LIABILITY
Auto rental firms
Auto racing liability
Auto u-drive
Automobile "bobtail"
liability
Automobile driving
schools
Courtesy cars used
by common carriers - monoline
Drive away
Garage/auto dealers
involving motorcycles, snowmobiles, RV's, or off-road vehicle,
go-karts
Hazardous materials
hauling including gasoline distributors
Long haul trucks
Midget autos
Racing
Sand and gravel haulers
involving dump trucks
Taxi cabs
Vehicles maintaining
or servicing aircraft
AUTO PHYSICAL DAMAGE
Auto renters conversion
Auto firm renters -
short term
Classic/antique autos
Garagekeepers legal
liability
Hazardous materials
hauling
Heavy vehicles - over
20,000 gross vehicle weight
Leased motor homes
Long haul trucks
Luxury autos
Racing autos
Special auto bodies
Taxi cabs
AVIATION AND AIRCRAFT
Aircraft - antique
Aircraft - chartered
Aircraft - excess passenger
liability
Aircraft - fixed base
operations
Aircraft applicators
liability including crop damage and chemical drift
Airport liability
Airport repair operations
(umbrella)
Aviation maintenance
vehicles
Balloon - hot air/gas
Excess limits
Guide, lodge, or outfitter
airstrips
Guides, lodges, and
outfitters aircraft hull or liability
Helicopters
Monoline:
Airport liability
Aviation products liability
Hangerkeepers liability
BURGLARY, ROBBERY AND
HOLD-UP
Goldmines
FIRE AND ALLIED LINES
Buildings on piles
Drought insurance
Explosive manufacturing,
storage, or sales
Greenhouses - wind
and hail
Hay in the open or
barns - when value exceeds $25,000 in each stack or barn.
Monoline:
Business interruption
Earthquake
Flood
Pile driving contractors
Plastic manufacturers
and sales
Polyurethane insulated
buildings
Railroads - property
and general liability
Remote - accessible
only by air or water
Sawmills
Small builders risks
under $25,000 (all risk)
Small welding shops
- general liability and products liability
Unprotected risks -
class 8, 9, or 10
Woodhandlers
PROFESSIONAL LIABILITY
Architects and engineers
D&O, small village
corporations
Social service agencies,
residential counseling service (i.e., alcohol abuse, counseling)
GENERAL LIABILITY
Alarm companies
Animal rides, saddle
horse liability, rodeos and horse shows
Custodial care - licensed
for under 25
Adult day care centers
Child day care centers
Developmentally disabled
Residential and day
care centers
Homes for the aged
Demolition contractors
liability
Divers
Environmental impairment
liability
Explosive manufacturing,
storage, or sales
Exterminators liability,
pest control applicators
Food borne illness
Guides, outfitters,
and lodges - remote (accessible only by air or water)
Hazardous materials
Loggers broad form
liability
Damage including fire
Damage to standing
timber
Mining
Monoline:
Employment related
practices
Explosion hazard
Hole-in-one coverage
Pollution/contamination
Ski-lifts and tows
Liquor liability -
if liquor exceeds 40% of sales or entertainment
Police protective -
false arrest, personal injury
Products and completed
operations
Railroad protective
Security guards (under
ten guards)
Special events, tagged
fish
Snowmobile dealers
New ventures - under
three years experience
Oil field service contractors
- small (premium under $10,000) with only Alaska
operations
Real estate appraisers,
errors and omissions
Social service agencies,
residential counseling services (i.e., alcohol abuse
counseling)
Spectator liability
Suntan parlors
Suppression contractors
- including service and sales operations
INLAND MARINE
Bridges and tunnels
Builders risk/course
of construction - accessible only by air or water
Docks, piers, and wharfs
- wood frame
Earthquake or flood
Hazardous materials
Unprotected - class
8, 9, or 10
KIDNAP/RANSOM
Kidnap/ransom
MONOLINE COMMERCIAL
Cameras
Coin dealers
Coin operated devices
Contact lenses
Data processing equipment
Fine arts
Furs
High values - in excess
of $5,000,000
Jewelry
Miscellaneous E&O
for ATMs
This order is effective
January 13, 1997.
Dated this 13th day
of January 1997, at Anchorage, Alaska.
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