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  2. Finance Committee - Agenda - 5/17/2017 - P262

Finance Committee - Agenda - 5/17/2017 - P262

By dnadmin on Mon, 11/07/2022 - 10:25
Document Date
Wed, 05/17/2017 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/17/2017 - 00:00
Page Number
262
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__051720…

b. Pan Am Railways, as well as the appropriate rail line, must be the
named insured on the Railroad Protective Liability Insurance Policy. The
named insured’s address should be listed as one or more of the following:

Pan Am Railways

Springfield Terminal Railway Company
Boston and Maine Corporation

Maine Central Railroad Company

Pan Am Southern, LLC

Portland Terminal Company

c. The name and address of the Contractor and of the Project
Sponsor/Involved Governmental Agency must be shown on the
Declarations page.

d. <A description of operations and location must appear on the
Declarations page and must match the Project description.

e. Authorized endorsements must include:
(i). Pollution Exclusion Amendment - CG 28 31, unless using form CG
00 35 version 96 and later f. Authorized endorsements may include:
(i). Broad Form Nuclear Exclusion - IL 00 21 (ii). Notice of Non-
renewal or cancellation
(iii). Required State Cancellation Endorsement
(iv). Quick Reference or Index - CL/IL 240

f. Authorized endorsements may not include:

(i). A Pollution Exclusion Endorsement except CG 28 31

(ii). An Endorsement that limits or excludes Professional Liability
coverage

(iii). A Non-Cumulation of Liability or Pyramiding of Limits
Endorsement

(iv). A Known Injury Endorsement

(v). A Sole Agent Endorsement

(vi). A Punitive or Exemplary Damages Exclusion (vii). A “Common
Policy Conditions” Endorsement (viii). Policies that contain any type of
deductible

(ix). Any endorsement that is not named in Section 4 (f) or (g) above
that PAR deems unacceptable

5. All insurance companies must be A. M. Best rated A- and Class VII or
better

6. Such additional or different insurance as PAR may require

O1150-7

Page Image
Finance Committee - Agenda - 5/17/2017 - P262

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