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HomeMy WebLinkAboutMMIA Memo Liability CoverageMontana Municipal Insurance Authority MEMORANDUM BOB WORTHINGT DATE: January 10, 2004 RE: Coverage Endorsement - MMIA Memorandum of Liability Coversge The Board of Directors of the Montana Municipal Insurance Authority (MMIA), at a meeting held December 19, 2003, elected to amend, by way of an endorsement, the coverage afforded its Members pursuant to the Memorandum of Liability Coverage (Memorandum). The Memorandum, dated July 1, 2002, contains a number of exclusions which limit the MMIA's duties to indemnify and defend with respect to matters which may generally be described as relating to land use, zoning, condemnation, inverse condemnation, or similar activities by local governments, zoning boards, boards of adjustment, or planning boards. See, in par[icular Exclusion No. 14 to the Memorendnm. These exclusions, in various forms, have been in place since the Prog?am was created in 1986. Risk pools generally have excluded coverage for such land use exposures because (1) these claims frequently do not involve sudden, accidental or unintended actions of a government, and (2) the losses often represent significant financial exposure to the organization. As the MMIA has gained experience in these matters, the magnitude of these land use exposures and actions has become obvious. The MMIA Board and staff have been working t0 address these matters. We are Pleased t0 provide the attached "Endorsement for Land Use Liability." This Endorsement is effective as of January 1, 2004 and expands the coverage afforded under the Memorandum. The Endorsement states: "The Authority agrees to provide defense cost only coverage for the Entity ... adsing out of Wrongful Land Use Practices, as defined..." The MMIA will now provide defense cost only coverage for those land use claims which other~Nise are excluded from coverage under the Memorandum. It is important to note that under this Endorsement the MMIA will not provide indemnity coverage for settlements or damages payable as a result of a claim that is determined to fall within the existing exclusions. In addition, this Endorsement does not affect coverage with respect to existing claims or lawsuits falling within an applicable exclusion or with respect to claims made on or after January 1,2004 for events which occurred prior to January 1, 2004. In order to obtain coverage under this Endorsement, the claim must be for an Occurrence, as defined in the Memorandum, after December 31, 2003. Please attach this Endorsement to your copy of the current Memorandum of Liability Coverage dated July 1, 2002. If you do not have a copy of the Memorandum, please let us know. We will send one. All claim matters should promptly be forwarded to our office for a determination of coverage. Please include date of loss and as much information as you can. Again, the endorsement is effective as of January 1,2004 and covers the remainder of the current policy year ending June 30, 2004. With the commencement of the new policy year, subsequent documentation will be 'issued addressing this matter. If you have any questions regarding this matter, please call me at 800-635-3089. O:\BWor~hington\Bob',Liablii[~Land Use Coverage memo.011004.d=c P.O. Box 6669, Helena, Montana 59604-6669 (406) 443-0907 In MT: 1-800-635-3089 Fax (406) 449-7440 ENDORSEMENT FOR LAND USE LIABILITY UNDER THE MEMORANDUM OF LIABILITY COVERAGE DATED JULY 1, 2002 The Montana Municipal Insurance Authority (Authority) agrees to provide defense cost only coverage for the Entity named below arising out of Wrongful Land Use Practices, as defined below, and to pay on behalf of the Entity as follows: Subject to the LIMITS OF LIABILITY, COVERAGE, DEFINITIONS, EXCLUSIONS, CONDITIONS and other terms of the Memorandum of Liability Coverage (Memorandum), the Authority agrees to pay on behalf of the Entity all reasonable and necessary Defense Costs, as defined in the Memorandum of Liability Coverage, on behalf of the Entity in the defense of a Wrongful Land Use claim caused by an Occurrence, as defined in the Memorandum, during the effective period of this endorsement as specified below. This Endorsement shall not be construed to require the MMIA to pay any loss ow damages other than Defense COsts in connection with any Wrongful Land Use claim. Wrongful Land Use Practices means actual or alleged liability, including property damage or diminution of property value, arising out of, or based upon, the principles of eminent domain, condemnation, inverse condemnation, land use regulation, precondemnation activities, intedm takings, takings, down-zoning, zoning, general planning regulations, easements, nuisance, or annexation, including deprivation of constitutional or civil rights related thereto, regardless of whether such claims are made directly against the Entity or pursuant to an agreement entered into by, or on behalf of, the Entity. EXCLUSIONS: The following are not covered by this endorsement: A. Any claim arising from an actual or alleged procedural defect in the decision making process employed by the Covered Party. B. Any claim resulting from acts which are covered under the Memorandum or any other policy or endorsement issued by the MMIA. The Entity designated below understands that this Endorsement for Land Use Liability Coverage is for Defense Costs only, and any damages, settlement or judgment reached in a claim under this endorsement is the. sole responsibility of the EntEy; · This endorsement for Land Use Liability Coverage as set forth above is effective as of 12:01 am MST on the 1st day of January 2004, and shall continue in full force and effect until 11:59 pm MDT on the 30m day of June 2004. DATE: January 16, 2004 ENTITY: City of Laurel "~IONTAN~:~ ONTANA MUNICIPAL INSURANOE AUT- C[,t~ TY O:~BWorthington\SobU.labilit3ALiability . ti JAN 20 2004 CITY OF LAUREL