|
ORDER NO. R98-01
SURPLUS LINES PLACEMENT LIST
On November 18, 1997, a hearing was held pursuant
to AS 21.06.180 - 21.06.230 to receive testimony regarding
insurance coverage that 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 precludes the producing broker from applying
for an exception under AS 21.34.020(4).
This order replaces Order R97-01, issued January 13, 1997.
Under 3 AAC 25.040, the following is the January 12, 1998,
surplus lines placement list:
AUTOMOBILE LIABILITY
Auto racing liability
Auto rental firms
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
Taxicabs
Vehicles maintaining or servicing aircraft
AUTO PHYSICAL DAMAGE
Auto firm renters - short term
Auto renters conversion
Classic/antique autos
Garagekeepers legal liability
Hazardous materials hauling
Heavy vehicles - over 20,000 gross vehicle weightleased 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
Employment practices liability
Internet professional liability
Marine surveyors - professional and general liability
Police professional liability
Social service agencies, residential counseling service (i.e.,
alcohol abuse, counseling)
GENERAL LIABILITY
Alarm companies
Animal rides, saddle horse liability, rodeos and horse shows
Armored car services - auto, crime and fidelity
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
Miscellaneous E&O for ATMs
Monoline:
Employment related practices
Explosion hazard
Hole-in-one coverage
Liquor liability - if liquor exceeds 40% of sales or
entertainment
Police protective - false arrest, personal injury
Pollution/contamination
Products and completed operations
Railroad protective
Security guards (under ten guards)
Ski-lifts and tows
Snowmobile dealers
Special events, tagged fish
Mortgage protection/impairment
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
This order is effective January 12, 1998.
Dated this 12th day of January 1998, at Anchorage, Alaska.
|