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lAW DEPABTMENT - PBOPEBTY AND C:ASIIAI,TY INSUBANCE <br /> <br />City Hall - Room 301 <br />455 Main Street <br />Worcester, Massachusetts 01608 <br />(508) 799-1161 <br /> <br />DEPARTMENT OVERVIEW: <br /> <br />The City continues to obtain only limited building and liability insurance policies. <br /> <br />Building Insurance. On January 1, 2003, the City began operating without calamity <br />insurance on its buildings. Only the Centrum, Convention Centre, Airport, Library, <br />and data processing computer equipment are insured with a $500,000 deductible for <br />damages caused by weather, fire, floods, earthquakes and vandalism. All buildings <br />are still covered by boiler & machinery insurance. <br /> <br />Comprehensive General Liability Insurance. The City obtains limited liability <br />insurance coverage claims for personal injuries in amounts between $100,000 and <br />$1,000,000 that occur at six facilities or operations. These facilities are: Public <br />Library; Senior Center; Pearl-Elm Parking Garage; Federal Plaza Parking Garage; <br />City Hall Building, Garage and Common; and, all polling places. The Centrum <br />Arena and Convention Center are covered by policies obtained directly by SMG as <br />operator and charged as an expense of the operation under the lease and management <br />agreement, respectively. The Airport is covered by policies obtained directly by the <br />airport and Massport. Claims by third parties under $100,000 are handled out of the <br />court judgments/claims account. <br /> <br />CITY OF WORCESTER FISCAL 2005 ANNUAL BUDGET <br /> <br /> Page ] <br /> <br /> <br />