I. Purpose
This page explains the Commercial Pollution Legal Liability Policy of the University of Wisconsin System and the procedures that institution risk managers should follow to receive the benefits of this coverage.
II. Background
UW System Risk Management obtained the policy through Ironshore Insurance Services, LLC.
III. Policy Details
Carrier: Ironshore Specialty Insurance Company
Policy Date: July 1, 2021 to July 1, 2024
Policy Limits:
Coverages A-C: $15,000,000 each incident; $15,000,000 coverage aggregate
Coverage D: $15,000,000; 365 days business interruption limit
Coverage E: $1,000,000 each incident; $1,000,000 coverage aggregate
$15,000,000 policy aggregate limit.
Deductible: $25,000 each incident (coverages A-C); 3 days (coverage D); $100,000 (coverage E)
Coverages:
A) Third Party Claims for Bodily Injury, Property Damage or Remediation Expenses
B) First Party Remediation Expenses
C) Emergency Response Expenses
D) Business Interruption
E) Disinfection Event Expenses
IV. Exclusions
Terrorism
Acquired properties
Asbestos, PCBs, and lead-based paint
Development activities
Divested Property
Underground storage tanks
Specified conditions
Prior claims
TO REPORT A LOSS: Contact UWSA Office of Risk Management
For more detail on policy coverage please contact UWSA Office of Risk Management.
V. Procedures
A. Loss Reporting
In the event of a loss or discovery of a pollution condition, immediately notify the UWSA Office of Risk Management so Ironshore Specialty Insurance Company may be contacted. Initial notice must be given by phone immediately upon discovery of the loss. Give immediate notice to UWSA Office of Risk Management at work or home if you interpret the loss as serious in nature. Initial notice should include the following details:
• Description of pollution condition, claim or emergency response cost (spill, discovery of contamination, receipt of Notice of Claim, etc.)
• Time of occurrence of the pollution condition
• Location of occurrence of the pollution condition
• Cause of the pollution condition
• Other relevant circumstances
• Name, phone number and email address of the institution contact person
As soon as possible, but within three calendar days of the loss, written notification should be sent to UWSA Office of Risk Management providing the above information plus any other details of the loss, status of the loss inspection and settlement procedures.
When emergency response costs have been incurred, written notification must also include technical reports, laboratory data, field notes, expert reports, investigations, data collection, regulatory correspondence and any other documents related to the emergency response costs.
B. Change in underground storage tank status
Any change in underground storage tank status on your campus, especially installation of a new tank or acquisition of an existing tank must be reported to UWSA Office of Risk Management immediately. To report installation, acquisition or change in status of an underground storage tank, you may use the form below, call 608-262-5656 or email mtrapp@uwsa.edu.
C. Property lease or acquisition
If your campus purchases or leases a new property, please notify UWSA Office of Risk Management so the property can be listed on the policy.
DISCLAIMER
This insurance document is furnished to you as a matter of information for your convenience. It only summarizes the listed policy(ies) and is not intended to reflect all the terms and conditions or exclusions of such policy(ies). Moreover, the information contained in this document reflects coverage as of the effective date(s) of the policy(ies) and does not include subsequent changes. This document is not an insurance policy and does not amend, alter or extend the coverage afforded by the listed policy(ies). The insurance afforded by the listed policy(ies) is subject to all the terms, exclusions and conditions of such policy(ies).