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HomeMy WebLinkAboutDERR-2024-006342Page 1 of 2 UTAH STORAGE TANK CERTIFICATE OF INSURANCE TO DEMONSTRATE FINANCIAL RESPONSIBILITY Facility Name and Address: Per the attached Facility and Tank Schedule Policy Number: ISPILLSB5FGE001 Period of Coverage: December 18, 2020 to December 18, 2023 Name of Insurer: Ironshore Specialty Insurance Company Address of Insurer: 175 Berkeley Street, Boston, MA 02116 Name of Insured: 7-Eleven, Inc. Address of Insured: 3200 Hackberry Road, Irving, TX 75063 CERTIFICATION: 1.Ironshore Specialty Insurance Company, the Insurer, as identified above, hereby certifies that it has issued liability insurance covering the following underground storage tank(s): Facility ID Facility Name and Address Number of Tanks Per the attached Facility and Tank Schedule for taking corrective action and compensating third parties for bodily injury and property damage caused by accidental releases in accordance with and subject to the limits of liability, exclusions, conditions, and other terms of the policy; arising from operating the underground storage tank(s) identified above. The limits of liability are $1,000,000 each occurrence and $2,000,000 annual aggregate, exclusive of the legal defense costs, which are subject to a separate limit under the policy. This coverage is provided under ISPILLSB5FGE001. The effective date of said policy is December 18, 2020. 2. The Insurer further certifies the following with respect to the insurance described in Paragraph 1: a. Bankruptcy or insolvency of the insured shall not relieve the Insurer of its obligations under the policy to which this certificate applies. b. The Insurer is liable for the payment of amounts within any deductible applicable to the policy to the provider of corrective action or a damaged third party, with a right of reimbursement by the insured for any such payment made by the Insurer. This provision Page 2 of 2 does not apply with respect to that amount of any deductible for which coverage is demonstrated under another mechanism or combination of mechanisms as specified in 40 CFR 280.95-280.102 and 280.104-280.107. c. Whenever requested by a Director of an implementing agency, the Insurer agrees to furnish to the Director a signed duplicate original of the policy and all endorsements. d. Cancellation or any other termination of the insurance by the Insurer except for non- payment of premium or misrepresentation by the insured, will be effective only upon written notice and only after the expiration of 60 days after a copy of such written notice is received by the insured. Cancellation for non-payment of premium or misrepresentation by the insured will be effective only upon written notice and only after expiration of a minimum of 10 days after a copy of such written notice is received by the insured. e. The insurance covers claims otherwise covered by the policy that are reported to the Insurer within six months of the effective date of cancellation or non-renewal of the policy except where the new or renewed policy has the same retroactive date or a retroactive date earlier than that of the prior policy, and which arise out of any covered occurrence that commenced after the policy retroactive date, if applicable, and prior to such policy renewal or termination date. Claims reported during such extended reporting period are subject to the terms, conditions, limits, including limits of liability, and exclusions of the policy. I hereby certify that the wording of this instrument is identical to the wording in 40 CFR 280.97(b)(2) and that the Insurer is eligible to provide insurance as an excess or surplus lines insurer, in one or more states. _________________________________________________________ Authorized Representative of Ironshore Specialty Insurance Company Maureen Domenicone Vice President, Authorized Representative of Ironshore Specialty Insurance Company 175 Berkeley Street Boston, MA 02116