HomeMy WebLinkAboutA001 - Email setting meeting to discuss fireworks insurance Diane R Voss/COA To Jon-Scott Johnson/COA@COA, Doug Marek/COA@COA,
10/11/2007 02:14 PM Sheila K Lundt/COA@COA
cc
bcc Diane R Voss/COA
Subject Fireworks Insurance Requirements
I have scheduled us to meet on October 29 at 10 AM in the Manager's Conference Room to discuss the
above. This issue surfaced after meeting with ISU concerning fireworks shoots on property owned by the
University, but leased to the City. Your calendar has been marked if I have access.
Thank you!
Diane
Diane R Voss/COA To Doug Marek/COA@COA
10/05/2007 04:35 PM cc Diane R Voss/COA@COA
bcc
Subject Insurance Requirements for Fireworks
Doug:
I know you're very busy, but when you have ten minutes, would you please visit with me about the above.
Give me a call and I will come over.
Thanks!
Diane Voss, City Clerk/Records Manager
P. O. Box 811
Ames, Iowa 50010
(515) 239-5105
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=` Jon-Scott Johnson/COA To Diane R Voss/COA@COA
10/03/2007 02:29 PM cc
bcc
ET. YkY Subject Re: Insurance Requirements
Our current ones are just fine.
Jon-Scott Johnson-�
Risk Manager '
Human Resources Department
515 Clark Ave. \
City of Ames, IA. 50010 /)
Phone: 515-239-5102
Fax: 515-239-5297
http://www.cityofames.org
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OCT-3-2007 10: 19A FROM: ISU RISK MGMT 515-294-3105 TO:82395142 P. 1
VENDOR INFORMATION: The fireworks display company must carry fireworks display liability
insurance with a company acceptable to Iowa State University. In accordance with the policies and
procedures of Iowa State University all event sponsors and participants must be adequately insured.
An original Certificate of Insurance must be submitted five (5) days prior to the event. The insurance
requirements are as follows:
0'(', 1. The company must be at least A rated by Best's.
• The insurance companies providing coverage must be of an acceptable financial rating as
determined by Iowa State University Risk Management.
• We may make an exception, but ISU retains the right to require the A rating. We will not accept
unrated companies.
6 2. State of Iowa; Board of Regents, State of Iowa; and Iowa State University must be named as
additional insureds.
• We must be shown on the certificate as an additional insured for liability coverage.
6� 3. We require occurrence coverage. /
• The certificates should be marked "occurrence." If there is no box marked "occurrence," we
require the notation "occurrence form" in the Special Conditions box.
4. The certificate must be complete.
• Certificates without limits, insurance company, or coverage indicated are not acceptable.
5. Limit Requirements:
General Liability:
0�-' The policy must provide the following coverage and limits as a minimum: $1,000,000 combined
single limit per occurrence for bodily injury including death, personal injury and property damage.
Worker's Compensation and Employer's Liability:
The policy must provide for the Statutory Limits of $100,000/$500,000/$100,000. Also required
/under Worker's Compensation is a Waiver of Subrogation in favor of Iowa State University/State
Board of Regents.
Excess Liability:
The policy must provide 5,000,000 for Excess Liability coverage.
b�- 6. The policy shall provide for thirty (30) days notice to Iowa State University in the event of any
modification, cancellation, or termination.
S. Insurance policy term must be for the duration/term of contract or specific to the event date(s).
Uf' . The term of coverage shall coincide with the dates of the agreement. The certificates shall
provide 30 days notice of cancellation or material change of coverage to the certificate holders.
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