CASE ALUMNI ASSOCIATION, INC - INSURANCE PROPOSAL
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INSURANCE PROPOSAL
CASE ALUMNI ASSOCIATION, INC.
APRIL 9, 2019
PREPARED BY
HOWARD DANZIGER
STACEY RICHARDS
LOREN CRABTREE
This presentation is designed to give you an overview of the insurance coverage for your
company. It is meant only as a general understanding of your insurance needs and should not
be construed as a legal interpretation of the insurance policies that will be written for you.
Please refer to your specific insurance contracts for details on coverages, conditions, and
exclusions.FIRST NAMED/OTHER NAMED INSUREDS
Description of Breakdown of
First Named Insured Operations/Activity or Ownership
Inactive Entity Interest
Case Alumni Association, Inc.
Description of Breakdown of
Other Named Insured Operations/Activity or Ownership
Inactive Entity Interest
Case Alumni Foundation*
*Not listed as an additional named insured on the Management Liability Policy
This is a list of named insureds based on information provided by you, without regard to which
policies they are included on. Each policy may not include all the listed names. Refer to your
policies for named insured wording for that particular policy.
_____ Confirm the above named insureds are correct.
_____ Are any listed named insureds a subsidiary? Does the first named insured own
50% or more of the subsidiary? (Sometimes it can come in under the omnibus
wording, if more than 50% owned)
_____ Do you have any formal joint ventures, or have you had past joint ventures?
_____ Do you have any formal partnerships?
_____ Do you have any dormant or discontinued entities? Subsidiaries?
_____ Are there any other entities that should be named and why? (Some insureds
may want entities added that are minority owned or not owned at all).
BRITTON GALLAGHER MUST BE ADVISED OF ANY MID-TERM CHANGES AS SOON AS
THEY ARE KNOWN.
Page 2 of 18
April 9, 2019PROPERTY
Insurer: Westfield Insurance Company
A. M. Best Rating: A XV as of November 27, 2018
Policy Term: April 11, 2019 to April 11, 2020
LOCATION ITEM LIMIT
10900 Euclid Avenue Building $0
Cleveland, OH Personal Prop./ Machinery/ Equip. $270,000
Deductible $1,000
Certain Special Endorsements / Broadening Features:
See your policy for a complete list of features
Loss Payee: Pitney Bowes Global Credit Financial Services, LLC
Electronic Data Processing Equipment $112,800
Fine Arts $25,000
Valuable Papers $25,000
Equipment Breakdown Coverage Included
Certain / Exclusions / Restrictions / Limitations
See your policy for a complete list of exclusions
Loss Due to Virus or Bacteria Exclusion
Water Exclusion
Breakage Exclusion
Fine Arts Dishonest Acts Exclusion
Page 3 of 18
April 9, 2019WESTFIELD INSURANCE COMMERCIAL EXPANDED PROPERTY
COVERAGE ENDORSEMENT
Coverage Limit
Accounts Receivable $25,000
Back Up of Sewers and Drains $25,000
Brands and Labels Included
Business Income from Dependent Properties $25,000
Change in Temperature $ 1,000
Computer Coverage
Hardware, Data and Media $25,000
Laptops/Portable Computers Away from Premises $10,000
Additional Debris Removal Expenses $ 5,000/365 days
Emergency Removal Expenses $ 1,000
Fraud and Deceit $ 1,000
Acquired Locations $250,000
Newly Purchased or Leased Hardware $250,000
Off-Site Computers $ 2,500
Pollutant Cleanup and Removal $10,000
Proprietary Programs and Data Records $ 5,000
Rewards $ 1,000
Sewer Backup Included
Software Storage $25,000
Virus and Hacking Coverage
Any One Occurrence $ 5,000
Each Separate 12 Month Period $10,000
Credit Card Invoices $ 1,000
Debris Removal Bldg & BPP Combined $50,000
Deferred Payments $25,000
Employee Theft – Per Loss Coverage $25,000
Extra Expense $50,000
Fine Arts
Maximum per item $25,000
Catastrophe Limit $10,000
Deductible $ 1,000
Breakage Excluded
Fire Department Service Charge $10,000
Fire Extinguisher Recharge Expense Included
Forgery or Alteration $25,000
Foundations of Buildings Included
Inside the Premises – Theft of Money & Securities $25,000
Outside the Premises – Theft of Money & Securities $25,000
Inventory and Appraisals $10,000
Lock Replacement $ 2,500
Newly Acquired or Constructed Property:
Building(s) (180 days) $1,000,000
Page 4 of 18
April 9, 2019Personal Property (180 days) $500,000 Business Income 180 days Outdoor Property Any one tree, shrub or plant $ 1,000 Any one occurrence $10,000 Outdoor Signs $12,500 Peak Season – Automatic Increase Lesser of 25% or $50,000 Page 5 of 18 April 9, 2019
WESTFIELD INSURANCE COMMERCIAL EXPANDED PROPERTY
COVERAGE ENDORSEMENT – CONTINUED
Personal Effects and Property of Others
Any one person in any one loss $ 5,000
Any one occurrence $10,000
Pollutant Clean-up and Removal $25,000
Premises Boundary Increased Distance 1,000 feet
Property in Transit $20,000
Property off Premises $25,000
Maximum per salesperson $10,000
Reward Payment
Information $10,000
Stolen Property $10,000
Spoilage incl Refrigeration Maint Agrmt, Selling Price,
Breakdown or Contamination & Power Outage $10,000
Deductible $ 500
Stamps, tickets, including lottery tickets held for sale
and letters of credit $ 500
Utility Services – BPP $10,000
Incl Water Supply Property, Comm Supply Property
(no overhead), Power Supply (no overhead)
Vacancy 11% Occupied
Valuable Papers
All Other Covered Property $25,000
Property Away From your Premises $ 5,000
CRIME
Coverage Limit Deductible
Employee Dishonesty $100,000 $500
Forgery or Alteration $100,000 $500
Theft Disappearance and Destruction:
Loss Inside the Premises $25,000 $500
Loss Outside the Premises $25,000 $500
Certain Special Endorsements / Broadening Features:
See your policy for a complete list of exclusions
See your policy for a complete list of features
Case Alumni Association ERISA
Page 6 of 18
April 9, 2019COMMERCIAL GENERAL LIABILITY
Insurer: Westfield Insurance Company
A. M. Best Rating: A XV as of November 27, 2018
Policy Term: April 11, 2019 to April 11, 2020
Limits
General Aggregate Limit (other than Products-Completed Operations) $2,000,000
Products-Completed Operations Aggregate Limit $2,000,000
Personal Injury & Advertising Injury Limit $1,000,000
Each Occurrence Limit $1,000,000
Fire Damage Limit (any one fire) $500,000
Medical Expense Limit (any one person) $5,000
Employee Benefits – Each Employee $1,000,000
Employee Benefits – Aggregate $2,000,000
Employee Benefits – Retro Date 4/11/2010
Retained Limit $1,000,000
Each Employee Deductible $1,000
Employment Practices Liability - Aggregate $100,000
Employment Practices Liability - Deductible $5,000
Employment Practices Liability – Inception Date 1/20/2014
Employer’s Liability (Ohio Stop Gap)
Bodily Injury by Disease – Each Employee $1,000,000
Bodily Injury by Disease- Policy Limit $1,000,000
Bodily Injury by Accident - Each Accident $1,000,000
Coverages
Bodily Injury & Property Damage Liability
Limited Contractual Liability
Host Liquor Liability
Incidental Medical Malpractice
Limited Worldwide Liability
Newly Acquired Organizations
Non-Owned Watercraft Up to 26 Feet
Explosion, Underground & Collapse
Page 7 of 18
April 9, 2019COMMERCIAL GENERAL LIABILITY - CONTINUED
Certain Special Endorsements / Broadening Features:
See your policy for a complete list of features
Pitney Bowes Global Credit – Additional Insured
All Construction Projects General Aggregate Limit
Designated Locations General Aggregate Limit
Waiver of Transfer of Rights or Recovery Against Others to Us
Amendment of Insured Contract Definition
Additional Insured – Lessor of Leased Equipment
Additional Insured – Concessionaires Trading Under your Name
Additional Insured – Controlling Interest
Additional Insured – Managers or Lessors of Premises
Additional Insured – State or Governmental Agency or Subdivision or Political
Subdivision – Permits or Authorizations
Additional Insured – Vendors
Additional Insured – Mortgagee, Assignee or Receiver
Additional Insured – Owners or Other Interests From Whom Land Has Been Leased
Additional Insured – Co-Owner of Insured Premises
Additional Insured – Grantor of Franchise
Certain / Exclusions / Restrictions / Limitations
See your policy for a complete list of exclusions
See your policy for a complete list of features
Employment Related Practices Exclusion
Access or Disclosure of Confidential or Personal Information and Data-Related Liability
with Limited Bodily Injury Exception
Asbestos Exclusion
Nuclear Energy Liability Exclusion
Cap on Losses from Certified Acts of Terrorism
Page 8 of 18
April 9, 2019AUTOMOBILE
Insurer: Westfield Insurance Company
A. M. Best Rating: A XV as of November 27, 2018
Policy Term: April 11, 2019 to April 11, 2020
Bodily Injury/Property Damage $1,000,000 Combined Single Limit
Any Automobile
Certain Special Endorsements / Broadening Features:
Non-Owned / Hired Auto Coverage
Hired/Borrowed Physical Damage:
o Comprehensive $250 Deductible
o Collision $500 Deductible
Waiver of Collision Deductible – Not at Fault Accident
Certain / Exclusions / Restrictions / Limitations
See your policy for a complete list of exclusions
Nuclear Energy Liability Exclusion
Silica or Silica-Related Dust Exclusion
Page 9 of 18
April 9, 2019EXCESS LIABILITY
Insurer: Westfield Insurance Company
A. M. Best Rating: A XV as of November 27, 2018
Policy Term: April 11, 2019 to April 11, 2020
Each Occurrence Limit $10,000,000
General Aggregate $10,000,000
Products – Completed Operations Aggregate $10,000,000
Self-Insured Retention $0
Premium Charge is not subject to audit
Additional limits of Excess Liability are available to you upon request.
Generally the Excess Liability policy follows the coverage in the underlying policies, with
certain potential exceptions. See your policy for details.
Certain / Exclusions / Restrictions / Limitations
See your policy for a complete list of exclusions
Exclusion – Access or Disclosure of Confidential or Personal Information and Data-
Related Liability – With Limited Bodily Injury Exception
Underlying Claims-Made Coverage
Asbestos Exclusion
Total Pollution Exclusion
Limited Coverage Territory
Cap on Losses From Certified Acts of Terrorism
Amendment of Insured Contract Definition
Nuclear Energy Liability Exclusion
Intercompany Products Suits Exclusion
Page 10 of 18
April 9, 2019NOT-FOR-PROFIT FOREFRONT PORTFOLIO POLICY
Insurer: Federal Insurance Company (Chubb)
A.M. Best Rating: A++ XV
Policy Term: 4/11/2019 – 4/11/2020
Claims Trigger: Claims Made and Reported Form
Insuring Agreements: General Terms & Conditions Form #14-02-10190
(11/04); Directors & Officers Liability Form #14-02-
10191 (3/06); Employment Practices Liability Form
#14-02-10192 (10/04); Fiduciary Liability Form #14-
02-10193 (10/04); Crime Form #14-02-10194
(10/04)
Combined Maximum Aggregate Limit
of Liability (D&O, EPL and Fiduciary): $2,500,000
Deductibles: See Coverage Sections
Extended Reporting Period: (only purchased if and when policy is cancelled
(except for non-payment) or non-renewed)
Price: 40% of the Annual Premium
Period: One Year
GENERAL TERMS AND CONDITIONS SECTION:
Certain Special Endorsements and Broadening Features:
Ohio Amendatory Endorsement to the General Terms and Conditions Section; 14-02-10363
Not-For-Profit Portfolio Loss Control Notice; 14-02-23030
Amend Subsection 19 Representations and Severability Endorsement (Policy is Non-
Rescindable by the Insurer for any reason); 14-02-11575
Amend Definition of Organization Endorsement (to include Subsidiaries); 14-02-12049
IMPORTANT NOTICE!
Many Claims Made and Claims Made & Reported insurance policies have reporting
requirements in them that outline the policy holder’s obligations in sharing information about
possible future claims. The reporting requirements in the policy can vary from insurance
company to insurance company and can require the policy holder to report occurrences,
events, circumstances or even critical facts that may give rise to a claim in addition to
“claims” or “suits”. It is very important that you understand the reporting requirements
contained in your policy so that you do not inadvertently violate them and possibly eliminate
coverage for a potential claim. Some of the terms used in the reporting requirements are
clearly defined while others are not defined. You should review your reporting requirements
with your insurance broker and/or your insurance company to make certain there is no
misunderstanding.
Page 11 of 18
April 9, 2019GENERAL TERMS AND CONDITIONS SECTION CONTNUED: Certain Special Endorsements and Broadening Features (continued): Hammer Clause - 70% Insurer/30% Insured for settlement provisions Spousal or Domestic Partner Liability Extension Duty to Defend Form – 100% allocation of Defense Expense Worldwide coverage territory Certain Exclusions / Restrictions / Limitations: See your policy for a complete list of exclusions. TRIPRA Terrorism included- $100,000,000,000 Cap on Losses from Certified and Non- certified Acts of TRIPRA Terrorism; 14-02-22814 Separate policies and extensions may be available to you for exposures that are currently excluded. Page 12 of 18 April 9, 2019
DIRECTORS & OFFICERS LIABILITY
Shared Limit of Liability: $2,500,000 Annual Aggregate
Deductibles: $0 Non-Indemnified Claims
$10,000 Indemnified Claims for Corporate Reimbursement
$10,000 Entity Claims
Defense Treatment: Outside Policy Limits
Retroactive Date: Full Prior Acts with Pending and Prior Litigation
Exclusion Date as of 4/11/1996
Certain Special Endorsements and Broadening Features:
Ohio Amendatory Endorsement to D&O Section – provides the following:
1. Punitive Damages Coverage, Most Favorable Venue Wording
2. Within 45 days of written request by the Insured – the Insurer must provide
summary of all claims (Loss Runs); 14-02-10364
Full Severability of the Personal Misconduct Exclusions and Application for Insured Persons
Amend Exclusion 5(j) Endorsement - Final Adjudication Wording for Personal Misconduct
and Fraudulent Acts Exclusion; 14-02-11240
Order of Payments Provision
Amend Definition of Loss Endorsement to include punitive and exemplary damages; 14-02-
11469
Amend Exclusion 5(c)Endorsement – Carve Back to the Insured v. Insured Exclusion for
claims brought by a Bankruptcy Trustee; 14-02-11692
Amend Definition of Loss to Include Coverage for Multiplied Damages Endorsement; 14-02-
12609
Whistleblower Endorsement; 14-02-13664
Excess Benefit Transaction Excise Tax Sublimit $100,000
Certain Exclusions / Restrictions / Limitations:
See your policy for a complete list of exclusions.
Bodily Injury and Property Damage exclusion
Separate policies and extensions may be available to you for exposures that are
currently excluded.
Page 13 of 18
April 9, 2019EMPLOYMENT PRACTICES LIABILITY
Shared Limit of Liability: $2,500,000 Annual Aggregate
Deductibles: $10,000 Employment Practices Claims
$10,000 Third Party Claims
Defense Treatment: Outside Policy Limits
Retroactive Date: Full Prior Acts with Pending and Prior Litigation
Exclusion Date as of 4/11/1996
Certain Special Endorsements and Broadening Features:
Third Party Coverage Included – sublimit of $2,500,000
Ohio Amendatory to EPL Section Endorsement; 14-02-10365
Amend Insured Person Definition Endorsement to include Independent Contractors, but only
if the Organization agrees, in writing prior to or no later than 30 days after a Claim is made,
to indemnify the Independent Contractor for liability arising out of such Claim); 14-02-12614
Notice to Purchasers of Employment Practices Liability Coverage or Fiduciary Liability
Coverage; 99-10-0769
Certain Exclusions / Restrictions / Limitations:
See your policy for a complete list of exclusions.
Bodily Injury and Property Damage exclusion
Breach of Written Employment Contract exclusion with defense coverage carve back
Violations of WARN, ERISA, NLRA, OSHA, COBRA and similar laws
Contractual Liability
Separate policies and extensions may be available to you for exposures that are
currently excluded.
Page 14 of 18
April 9, 2019FIDUCIARY LIABILITY
Shared Limit of Liability: $1,000,000 Annual Aggregate
Deductible: $0
Defense Treatment: Inside Policy Limits
Retroactive Date: Full Prior Acts with Pending and Prior Litigation
Exclusion Date as of 4/11/2010
Certain Special Endorsements and Broadening Features:
Sublimit for all Settlement Fees and Defense Costs with respect to all Settlement Program
Notices - $100,000
Ohio Amendatory Endorsement to the Fiduciary Liability Coverage Section; 14-02-10366
Amend Exclusion 4(h) Endorsement (adds final and non-appealable final adjudication
language to the illegal profit exclusion); 14-02-12013
Priority of Payments Endorsement; 14-02-13360
Amend Benefits Due Exclusion Endorsement; 14-02-8459
Notice to Purchasers of Fiduciary Liability Coverage; 99-10-0769
Certain Exclusions / Restrictions / Limitations:
See your policy for a complete list of exclusions.
Prior Acts Exclusion for Specific Coverage Section Endorsement - 4/11/2010; 14-02-10438
Separate policies and extensions may be available to you for exposures that are
currently excluded.
Page 15 of 18
April 9, 2019CRIME COVERAGE
Basis for Coverage:
Insurance applies only when a Limit of Insurance for each coverage is shown below for direct
loss you sustain at any time and discovered prior to the termination of this coverage, or
discovered within one year following the termination of this insurance with respect to Sponsored
Plan coverage only.
Coverage Limit Deductible
1. Employee Theft $500,000 $2,500
ERISA Included N/A
2. Premises $500,000 $2,500
3. In Transit $500,000 $2,500
4. Forgery $500,000 $2,500
5. Computer Fraud $500,000 $2,500
6. Funds Transfer Fraud $500,000 $2,500
11. Social Engineering Fraud $50,000 $10,000
Endorsements:
Pension Protection Act Enhancement Endorsement; 14-02-13659
Social Engineering Fraud Coverage Endorsement; 14-02-21173
Amend Definition of Subsidiary Endorsement; 14-02-21187
Amend Definition of Employee Endorsement; 14-02-8931
Amend Definition of Computer System Endorsement; 14-02-9261
Certain Exclusions / Restrictions / Limitations:
See your policy for a complete list of exclusions.
Privacy and Data Breach Exclusions Endorsement; 14-02-19667
No Coverage available under Insuring Clauses 2, 3,4, 5, and 6 for Fraudulent Instruction
Claims; FL-261182
TRIPRA Terrorism not available under Crime coverage
Separate policies and extensions may be available to you for exposures that are
currently excluded.
Page 16 of 18
April 9, 2019PREMIUM SUMMARY
Policies or Coverage Insurer 2018-2019 2019-2020
Premium Premium
Business Owners Westfield Insurance $7,140 $7,233
Company
Travel Accident Federal Insurance $1,270 $1,270
Company
Not-for-Profit Directors & Officers, Federal Insurance $9,162 $9,162
Employment Practices, Fiduciary Company
Liability, Crime
TOTAL $17,572 $17,665
Page 17 of 18
April 9, 2019PERSONNEL
Account Executive Team: Howard Danziger
(216) 658-7885
Howard.Danziger@BrittonGallagher.com
Account Coordinator: Stacey Richards
(216) 658-7814
Stacey.Richards@BrittonGallagher.com
Management Liability Loren Crabtree
Account Manager: (216) 658-7870
Loren.Crabtree@BrittonGallagher.com
Employee Benefits: P.J. Insana
(Group Life, Disability, Dental, Medical) (216) 658-7877
PJ.Insana@BrittonGallagher.com
Claims: Jaime Perry
(216)658-7112
Jaime.Perry@BrittonGallagher.com
Christine Perrine
(216) 658-7838
Chris.Perrine@BrittonGallagher.com
Accounting: Patty Banci
(216) 658-7874
Patty.Banci@BrittonGallagher.com
Page 18 of 18
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