City Council/Public Finance and Economic Development Authority/Parking Authority
July 20, 2026

2023 Alliant Insurance Services, Inc. | www.alliant.com | CA License No. 0C36861

Presented on June 3, 2026 by:

Kevin J. Bibler
Senior Vice President

City of Merced
Evan Washburn
Assistant Vice President, Associate
Producer

Kortney K. Hughes
Account Manager

2026-2027 Alliant Property Insurance Program (APIP) Executive Summary Page 1 of 2 City of Merced

ALLIANT PROPERTY INSURANCE PROGRAM (APIP)
July 1, 2026 – July 1, 2027

EXECUTIVE SUMMARY

The key goals for the 2026/27 APIP renewal are to m aintain financial efficiency, to provide comprehens ive coverage, and to ensure program stability. Maintaining the ba lance between these goals along with the underwriti ng discipline provided by Alliant Underwriting Services has allow ed APIP to thrive for over 30 years. As part of thi s renewal, the program continues to provide the core benefits that support stability, consistency, and long-term valu e for its Insured’s.

As most Insureds are aware, the property insurance market has continued to soften in 2026, creating an environment of improved pricing and coverage terms. The result is that most APIP Insured’s will see a rate reduction at the 2026/27 renewal. Individual underwriting will be necessary for insureds that have large increases in exposure or are loss challenged.

For the 2026/27 renewal, Berkshire Hathaway Special ty Insurance (BHSI) leads the first $50,000,000 of the program.

The program limit will be at least $1,250,000,000 a nd up to $1,500,000,000 this year. The program is p laced with worldwide markets rated at A.M. Best A- VII or higher.

Insureds should note the following items for this year’s renewal:

 Boiler & Machinery coverage for participating insu reds of the APIP Boiler Program is placed with Hartford Steam Boiler (HSB), who will also perform required jurisdictional inspections.  Vehicles/Contractor’s Equipment – it is important to note on the attached proposal whether the vehicl e and/or contractors equipment valuation is Replacement Cost (new) or Actual Cash Value (ACV). If Replacement C ost (new) valuation is needed, the insured must submit a schedule of vehicles or a vehicle valuation repor ting form (provided in the pre-renewal packet) and vehicles m ust be valued at today’s Replacement Cost (new). If values are not reported at Replacement Cost (new), the veh icle/contractor’s equipment valuation basis will be ACV.  Alliant Business Services (ABS) continues to play a significant role , not only in providing a wide range of loss control services, but also by offering appraisal se rvices, business interruption assessments, valuatio n, consulting, and infrared testing. Please refer to o ur program brochure inserts for further details of our ABS services.

Please review important Disclosure and Loss Notification information included in your renewal materials.

Your review and acknowledgement of these documents are required via your signature once you authorize a request to bind coverage with your Alliant representative. Although this proposal packet is as complete as possible, program negotiations will continue up to the 7/1/2026 effective date. We will endeavor t o provide any known material changes prior to renewal. All coverage items currently under review with APIP markets to be effective on 7/1/2026, are listed at the end of each coverage proposal being quoted.

ADDITIONAL COVERAGES REMAIN AVAILABLE FOR THOSE WHO WISH TO PURCHASE :
 Cyber (Privacy Liability) Coverage (1st and 3rd pa rties) for eligible insureds. Please refer to coverage as outlined in the following proposal which includes a summary of proposed changes for this renewal. Additional ex cess options are available, if requested for insureds wi th good security controls in place. Please note claims reporting time limit limitations for this coverage
 Pollution Coverage (1 st and 3 rd parties) for eligible insureds. Please refer to coverage as outlined in the following proposal which includes a summary of proposed chang es for this renewal. Please note claims reporting time limit limitations for this coverage

2026-2027 Alliant Property Insurance Program (APIP) Executive Summary Page 2 of 2 City of Merced

ALLIANT PROPERTY INSURANCE PROGRAM (APIP)
July 1, 2026 – July 1, 2027

EXECUTIVE SUMMARY

The annual renewal premium summary for the Alliant Property Insurance Program (APIP) effective 7/1/202 6 is outlined in the below table which depicts key financial statistics relative to last year:

Year-over-Year Rate and Premium Comparison
City of Merced

2025-2026
(at 01/23/2026)
2026-2027 Variance
Total Insurable Values (TIV): $ 448,510,653 $ 458, 504,317 2.23% Earthquake TIV: Not Applicable Not Applicable N/A
Earthquake Limit: Not Covered Not Covered N/A
*Property Annual Cost: $ 1,325,174.48 $ 1,285,352.8 6 -3.01% Cyber Liability Annual Cost: $ 16,755.40 $ 18,366.04 9.61% Pollution Liability Annual Cost: $ 4,720.49 $ 4,825 .73 2.23% Total Account Rate ($/100): 0.3002494 0.2853942 - 4.95% **Total Annual Cost: $ 1,346,650.37 $ 1,308,544.63 -2.83%

*Property Annual Cost includes: all premiums, under writing fees, commissions, loss control expenses, program administration charges, and applicable taxes

** Total Annual Cost is inclusive of all listed coverage premiums and applicable taxes and fees

Thank you for your continued partnership and trust in our team. As reflected in the annual premium summary above, our objective remains to provide a stable, competitive insurance program that balances cost and long-term risk solutions.

ALLIANT PROPERTY INSURANCE PROGRAM
2026-2027

NAMED INSURED SCHEDULE
AS OF 06/03/2026
THE NAMED INSURED IS:

Named Insured shall be deemed the sole agent of each and every Named Insured for the purpose of:
(1) Giving notice of cancellation,
(2) Giving instructions for changes in the Policy a nd accepting changes in this Policy (3) The payment of assessments / premiums or receip t of return assessments / premiums.

Member(s), entity(ies), agency(ies), organization(s), enterprise(s) and/or individual(s) for whom the Named Insured has extended coverage is as follows:

City of Merced
678 West 18th Street
Merced, CA 95340

NAMED INSURED MEMBER (S)
City of Merced
City of Merced Parking Authority
Public Financing and Economic
Development Authority

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 1 of 15 City of Merced 06/03/2026 11:13:26 AM
ALLIANT INSURANCE SERVICES, INC.

ALLIANT PROPERTY INSURANCE PROGRAM (APIP)

PROPERTY PROPOSAL
TYPE OF INSURANCE: Insurance Reinsurance

NAMED INSURED: City of Merced

DECLARATION: 2-Cities 2

POLICY PERIOD: July 1, 2026 to July 1, 2027
COMPANIES: See Attached List of Companies

TOTAL INSURED
VALUES:

$ 458,504,317 as of June 03, 2026

ALL RISK

COVERAGES &
SUB-LIMITS:

$ 500,000,000 Per Occurrence: all Perils, Coverages (subject to policy exclusions) and Subject to $1,250,000,000 all Named Insureds (as defined in the policy) combined, per Declaration,
regardless of the number of Named Insureds, coverages, extensions of coverage, or perils insured, subject to the following per occurrence and/or aggregate sub-limits as noted below.

$ 5,000,000 Flood Limit - Per Occurrence and in the Annual Aggregate (for those Named Insured(s) that purchase this optional dedicated coverage).

$ 5,000,000 Per Occurrence and in the Annual Aggregate for scheduled locations in Flood Zones A & V (inclusive of all 100 year exposures). This Sub-limit does not increase the specific flood limit of liability for those Named Insured(s) that purchase this optional dedicated coverage.

Not Applicable Per Occurrence for losses to locations in Tier 1 and/or Tier 2 Counties and resulting from a Named Windstorm.

Not Covered Earthquake Shock - Per Occurrence and in the Annual Aggregate (for those Named Insured(s) that purchase this optional dedicated coverage).

$ 200,000,000 Combined Business Interruption, Rental Income and Tuition Income (and related fees). However, if specific values for such coverage have not been reported as part of the Named
Insured's schedule of values held on file with Alliant Insurance Services, Inc., this sub-limit amount is limited to $500,000 per Named Insured subject to maximum of $2,500,000 Per
Occurrence, Per Declaration for Business Interruption, Rental Income and Tuition Income combined. Coverage for power generating plants is excluded, unless otherwise specified.

$ 100,000,000 Extra Expense.

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 2 of 15 City of Merced 06/03/2026 11:13:26 AM

ALL RISK

COVERAGES &
SUB-LIMITS:
(continued)
$ 25,000,000 Miscellaneous Unnamed Locations for Named Insureds excluding Earthquake Shock coverage for Alaska and
California locations. If Flood coverage is purchased for scheduled locations, this extension will extend to include Flood coverage for any location not situated in Flood Zones A or V.

180 Days Extended Period of Indemnity

See Policy Provisions $50,000,000, or a Named Insured's Policy Limit of Liability if less than $50,000,000, Automatic Acquisition for 120 days except:
- $25,000,000 Automatic Acquisition for 90 days for new sub- member and/or entity of an existing Pools, JPA or Group; - $25,000,000 Automatic Acquisition for 90 days for Vacant properties;
- $10,000,000 Automatic Acquisition for 120 days for Licensed Vehicles;
- $2,500,000 Automatic Acquisition for 60 days for additional property and/or interests in Tier 1 Wind Counties, Parishes and Independent Cities for the states of Virginia, North Carolina, South Carolina, Georgia, Alabama, Mississippi, Louisiana, Texas and/or situated anywhere within the states of Florida and Hawaii;
- The peril of Earthquake Shock is excluded for the states of Alaska and California;
- If Flood coverage is purchased for all scheduled locations, this extension will extend to include Flood coverage for any location not situated in Flood Zones A or V.

$ 1,000,000 Unscheduled Landscaping, tees, sand traps, greens, athletic fields and artificial turf; however, replacement of trees, plants and shrubs will be limited to the actual size of the destroyed plant, tree or shrub at the time of the loss up to a maximum size of 25 gallons per item but not to exceed $25,000 per item for existing Named Insureds excluding Earthquake Shock
coverage for Alaska and California locations. If Flood coverage is purchased for scheduled locations, this extension includes Flood coverage for any location not situated in Flood Zones A or V.

$ 5,000,000 or 110% of the scheduled values, whichever is greater, for Scheduled Landscaping, tees, sand traps, greens, athletic fields and artificial turf; however, replacement of trees, plants and shrubs will be limited to the actual size of the destroyed plant, tree or shrub at the time of the loss up to a maximum size of 25 gallons per item but not to exceed $25,000 per item.

$ 5,000,000 or 120% of the scheduled values, whichever is less, for Scheduled Landfills (as more fully defined in the policy).

$ 50,000,000 Errors & Omissions - This extension does not increase any more specific limit stated elsewhere in this policy or
Declarations.

$ 25,000,000 Course of Construction and Additions (including new) for projects with completed values not exceeding the sub-limit shown. Projects valued greater than $15,000,000 require underwriting approval and a premium charge.

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 3 of 15 City of Merced 06/03/2026 11:13:26 AM

ALL RISK

COVERAGES &
SUB-LIMITS:
(continued)
$ 500,000 Money & Securities for named perils only as referenced within the policy, however fraudulent impersonation, fraudulent instruction or similar events are excluded.

$ 2,500,000 Unscheduled Fine Arts.

$ 250,000 Accidental Contamination per occurrence and annual aggregate per Named Insured with $500,000 annual aggregate for all Named Insureds per Declaration. Coverage shall not attach or become insurance upon any property which at the time of loss is more specifically described and covered under any other policy form until the liability of such other insurance has first been exhausted and shall then cover only the excess of value of such property over and above the amount payable under such other insurance, whether collectible or not.

$ 1,000,000 Unscheduled infrastructure including but not limited to tunnels, bridges, dams, catwalks (except those not for public use), roadways, highways, streets, sidewalks, culverts, channels, levees, dikes, berms, embankments, landfills (as more fully defined in the policy), docks, piers, wharves, street lights, traffic signals, meters, roadway or highway fencing (including
guardrails), and all similar property unless a specific value has been declared. Unscheduled infrastructure coverage is
excluded for the peril of Earthquake Shock and excluded for Federal Emergency Management Agency (FEMA) and/or
Office of Emergency Services (OES) declared disasters, providing said declaration provides funding for repairs.

$ 100,000,000 Increased Cost of Construction due to building codes/ ordinance or law (includes All Risk and Boiler & Machinery) except $2,500,000 for vacant properties.

$ 25,000,000 Transit - Physical Damage only.

$ 2,500,000 Unscheduled Animals; not to exceed $50,000 per Animal, per Occurrence.

$ 2,500,000 Unscheduled Watercraft up to 27 feet.

Included Per Occurrence for Off Premises Vehicle Physical Damage.

$ 25,000,000 Off Premises Services Interruption including Extra Expense resulting from a covered peril at non-owned/operated locations.

$ 5,000,000 Per Occurrence Per Named Insured subject to an Annual Aggregate of $10,000,000 for Earthquake Shock on Licensed Vehicles, Unlicensed Vehicles, Contractor's Equipment and Fine Arts combined for all Named Insured(s) in this Declaration combined that do not purchase optional dedicated Earthquake Shock coverage, and/or where specific values for such items are not covered for optional dedicated Earthquake Shock coverage as part of the Named Insured's schedule of values held on file with Alliant Insurance Services, Inc..

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 4 of 15 City of Merced 06/03/2026 11:13:26 AM

ALL RISK

COVERAGES &
SUB-LIMITS:
(continued)
$ 5,000,000 Per Occurrence Per Named Insured subject to an Annual Aggregate of $10,000,000 for Flood on Licensed Vehicles, Unlicensed Vehicles, Contractor's Equipment and Fine Arts combined for all Named Insured(s) in this Declaration combined that do not purchase optional dedicated Flood coverage, and/or where specific values for such items are not covered for optional dedicated Flood coverage as part of the Named
Insured's schedule of values held on file with Alliant Insurance Services, Inc..

$ 3,000,000 Contingent Time Element, Contingent Business Interruption, Contingent Extra Expense, Contingent Rental Values and
Contingent Tuition Income separately.

$ 3,000,000 Tax Revenue Interruption – Per Policy Provisions. However, if specific values for such coverage have not been reported as part of the Named Insured’s schedule of values held on file with Alliant Insurance Services, Inc., this sub-limit amount is limited to $1,000,000 Per Occurrence – Per Policy Provisions.

$ 500,000 Jewelry, Furs, Precious Metals and Precious Stones Separately.

$ 1,500,000 Claim Preparation Expenses.

$ 50,000,000 Expediting Expenses.

$ 100,000 Per Occurrence with a $1,000,000 Annual Aggregate per Declaration for Mold/Fungus Resultant Damage as more fully defined in the policy.

$ 100,000,000 Ingress/Egress Per Occurrence, Per Named Insured for the actual loss sustained during the period of time not exceeding 30 days when, as a direct result of physical loss or damage caused by a covered peril(s) specified by this Policy and occurring at property located within a 10 mile radius of covered property, ingress to or egress from the covered property by this Policy is prevented.

$ 100,000,000 Interruption By Civil Authority Per Occurrence, Per Named Insured for the actual loss sustained during the period of time not exceeding 30 days when, as a direct result of physical loss or damage caused by a covered peril(s) specified by this Policy and occurring at property located within a 10 mile radius of covered property, access to the covered property is specifically prohibited by order of a civil authority.

$ 10,000,000 Electronic Data Processing Media.

$ 1,000,000 Personal Property Outside of the USA (including associated Business Interruption).

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 5 of 15 City of Merced 06/03/2026 11:13:26 AM

ALL RISK

COVERAGES &
SUB-LIMITS:
(continued)
Not Covered Per Occurrence Per Declaration Upgrade to Green Coverage subject to the lesser of, the cost of upgrade, an additional 25% of the applicable limit of liability shown in the schedule of values or this sub limit.

Not Covered for Communicable Disease.

$ 100,000 Per Occurrence while in Storage and In Transit coverage subject to $10,000 Deductible for Unmanned Aircraft as more fully defined in the Policy. Not Covered while in Flight.

See Policy Provisions Scheduled Vacant Building per Conditions in Section IV., Item I

$ 2,500,000 Unscheduled Vacant Building per Policy Provisions Section IV., Item I

VALUATION:  Repair or Replacement Cost (RCV)
 Actual Loss Sustained for Time Element Coverages
 Contractor’s Equipment /Vehicles either Replacement Cost (RCV) or Actual Cash Value (ACV) as declared by each insured. If not declared, valuation will default to Actual Cash Value (ACV)

EXCLUSIONS
(Including but not
limited to):

 Seepage & Contamination
 Cost of Clean-up for Pollution
 Mold

Deductibles: If two or more deductible amounts provided in the Declaration Page apply for a single occurrence the total to be deducted shall not exceed the largest per occurrence deductible amount applicable. (The Deductible amounts set forth below apply Per Occurrence unless indicated otherwise).

“ALL RISK”
DEDUCTIBLE:

$ 25,000 Per Occurrence, which will apply in the event a more specific deductible is not applicable to a loss.

DEDUCTIBLES FOR

SPECIFIC PERILS
AND COVERAGES:

$ 100,000 All Flood Zones Per Occurrence excluding Flood Zones A & V.

$ 500,000 Per Occurrence for Flood Zones A & V (inclusive of all 100 year exposures).

Not Applicable for losses to locations in Tier 1 and/or 2 Counties and resulting from a Named Windstorm.

DEDUCTIBLES FOR

SPECIFIC PERILS
AND COVERAGES:
(continued)
Not Covered Earthquake Shock: If the stated deductible is a flat dollar amount, the deductible will apply on a Per Occurrence basis, unless otherwise stated. If the stated deductible is on a percentage basis, the deductible will apply Per Occurrence on a Per Unit basis, as defined in the policy form, subject to the minimum deductible per occurrence.

$ 1,000 Per Occurrence for Specially Trained Animals.

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 6 of 15 City of Merced 06/03/2026 11:13:26 AM

DEDUCTIBLES FOR

SPECIFIC PERILS
AND COVERAGES:
(continued)
$ 500,000 or the All Risk Basic Deductible, whichever is greater, for Unscheduled infrastructure including but not limited to tunnels, bridges, dams, catwalks (except those not for public use), roadways, highways, streets, sidewalks, culverts, channels, levees, dikes, berms, embankments, landfills (as more fully defined in the policy), docks, piers, wharves, street lights, traffic signals, meters, roadway or highway fencing (including
guardrails), and all similar property unless a specific value has been declared. Unscheduled infrastructure coverage is
excluded for the peril of Earthquake Shock and excluded for Federal Emergency Management Agency (FEMA) and/or
Office of Emergency Services (OES) declared disasters, providing said declaration provides funding for repairs.

$ 10,000 Per Vehicle or Item for Licensed Vehicles, Unlicensed Vehicles and Contractor's Equipment subject to $100,000 Maximum Per Occurrence, Per Named Insured for the peril of Earthquake Shock for Named Insured(s) who do not purchase dedicated Earthquake Shock limits.

$ 50,000 Per Occurrence Per Named Insured for this Declaration for Fine Arts for the peril of Earthquake Shock for Named Insured(s) who do not purchase dedicated Earthquake Shock limits.

$ 10,000 Per Vehicle or Item for Licensed Vehicles, Unlicensed Vehicles and Contractor's Equipment subject to $100,000 Maximum Per Occurrence, Per Named Insured for the peril of Flood for Named Insured(s) who do not purchase dedicated Flood limits.

$ 50,000 Per Occurrence Per Named Insured for this Declaration for Fine Arts for the peril of Flood for Named Insured(s) who do not purchase dedicated Flood limits.

2.5% of Annual Tax Revenue Value per location for Tax Revenue Interruption.

$ 25,000, Except $50,000 for all police vehicles valued under $250,000; $100,000 for All Vehicles with RCV of $250,000 to $750,000; $250,000 for All Vehicles with RCV in Excess of $750,000. Per Occurrence for Off Premises Vehicle Physical Damage. If Off- Premises coverage is included/purchased, the stated
deductible will apply to vehicle physical damage both on and off-premises on a Per Occurrence basis, unless otherwise stated. If Off-Premises coverage is not included, On-
Premises/In-Yard coverage is subject to the All Risk (Basic) deductible.

Replacement Cost Vehicle Valuation Basis

$ 10,000 Per Occurrence for Contractor's Equipment.

Replacement Cost Contractor's Equipment Valuation Basis

Time Qualifiers
24 Hour Waiting Period for Ingress/Egress, per Occurrence, as further defined in the Policy Form.

24 Hour Waiting Period for interruption by Civil Authority, per Occurrence, as further defined in the Policy Form.

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 7 of 15 City of Merced 06/03/2026 11:13:26 AM
24 Hour Waiting Period for Off Premises Service Interruption per Occurrence, as further defined in the Policy Form.

SPECIAL TERMS AND
CONDITIONS:

It is understood and agreed that notwithstanding anything contained herein to the contrary the following shall apply to this Policy:

SPECIAL TERMS 1: The buildings at the following locations listed below will have a 120% margin clause applicable based on the values reported per schedule on file with Alliant Insurance Services. Under no circumstances will the company pay more than 120% of the reported values.

1. 3033 N G STREET, MERCED, CA 95348

Values reported per schedule on file with Alliant
Insurance Services
Special Terms Limit

See Policy Special Terms Deductible

OPTIONAL STAND-ALONE COVERAGES NOT PROVIDED IN THE “PEPIP U.S.A. FORM NO. 22 MASTER POLICY” ARE SPECIFIED BELOW.

The following optional stand-alone coverages are available for purchase in addition to and separate from the “PEPIP U.S.A. Form No. 22 Master Policy”. If purchased, coverages are confirmed below. Carriers providing these coverages are included in the Schedule of Carriers for Terrorism, Cyber Liability and Pollution Liability.

$ 100,000,000 Per Named Insured Per Occurrence subject to $200,000,000 Annual Aggregate of Declarations 1-14, 18-30, 32-35, 39-40, and 45-46 combined as respects Property Damage, Business Interruption, Rental Income and Extra Expense Combined for Terrorism (Primary Layer).

$ 25,000 Per Occurrence Deductible for Primary Terrorism.

$ 1,000,000,000 Per Named Insured for Terrorism (Excess Layer) subject to;

$ 1,500,000,000 Per Named Insured Per Occurrence subject to $200,000,000 Annual Aggregate of Declarations 1-14, 18-30, 32-35, 39-40, and 45-46 combined as respects Property Damage, Business Interruption, Rental Income and Extra Expense Combined for Terrorism (Primary Layer).

$ 2,000,000,000 Annual Aggregate shared by all Named Insureds combined in Declarations 1-14, 18-21, 23-30, 32-35, 39-40, and 45-46 as respects Property Damage, Business Interruption, Rental Income and Extra Expense combined for Terrorism (Excess Layer).

$ 500,000 Per Occurrence Deductible for Excess Terrorism (Applies only if the Primary Terrorism Limit is exhausted).

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 8 of 15 City of Merced 06/03/2026 11:13:26 AM
Included Information Security & Privacy Insurance with Electronic Media Liability Coverage. See attached Cyber Coverage Summary for applicable Limits. (Cyber Liability) If, insured purchases such coverage.

$ 25,000,000 Per Named Insured, Per occurrence subject to an Annual Aggregate of $50,000,000 combined for Declarations 1-14, 18- 30 and 32-35 as respects Personal and Real property for Cyber Attack Resultant Damage.

Included Pollution Liability Insurance Coverage. See attached Pollution Liability Insurance Coverage Document for applicable limits and deductibles. If, insured purchases such coverage. If, insured purchases such coverage.

TERMS &
CONDITIONS:

Sub-limits, terms and conditions are subject to change.

25% Minimum Earned Premium and cancellations subject to 10% penalty

Except Cyber Liability Premium is calculated on a pro-rata basis, unless there is a claim in which case the premium is deemed fully earned. If, insured purchases such coverage.

Except Pollution Liability Premium is 100% Earned at Inception. If, insured purchases such coverage.

NOTICE OF
CANCELLATION:

90 Days except 10 Days for non-payment of premium

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 9 of 15 City of Merced 06/03/2026 11:13:26 AM
Option 1 $25,000 Deductible
Annual Cost*
Total Property
Premium:

$ 1,230,690.00
Excess Boiler: $ 5,469.00
Cyber Liability
Premium:

$ 17,800.00
Pollution Liability
Premium:

$ 4,677.00
ABS Fee: $ 9,884.00
SLT&F’s (Estimate) $ 40,024.63
Broker Fee: $ 0.00
TOTAL COST †:
(Including Taxes and
Fees)

$ 1,308,544.63

Option 2 $100,000 Deductible
Annual Cost*
Total Property
Premium:

$ 1,207,335.00
Excess Boiler: $ 5,469.00
Cyber Liability
Premium:

$ 17,800.00
Pollution Liability
Premium:

$ 4,677.00
ABS Fee: $ 9,580.00
SLT&F’s (Estimate) $ 39,281.94
Broker Fee: $ 0.00
TOTAL COST †:
(Including Taxes and
Fees)

$ 1,284,142.94
*Premiums are based on valid selectable options and the TIV’s above. Changes in TIV’s will require a premium adjustment. Please refer to invoice for new lock box remittance for address and account information.

† TOTAL COST includes: premiums, underwriting fees, commissions, loss control expenses, program administration charges, and applicable taxes (excluding the Cyber Enhancement premium - should you have elected to purchase this coverage)

PRINT DATE: June 3, 2026

PROPOSAL VALID UNTIL: July 1, 2026

BROKER: ALLIANT INSURANCE SERVICES, INC.

License No. 0C36861
Kevin J. Bibler
Senior Vice President

Evan Washburn
Assistant Vice President, Associate Producer

Kortney K. Hughes
Account Manager

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 10 of 15 City of Merced 06/03/2026 11:13:26 AM
NOTES:
• Some coverage, limits, sub-limits, terms and conditions will change, as negotiations are ongoing. Changes will be documented and accompany the Binder Confirmation for July 1, 2026 bound terms. Coverage outlined in this Proposal is subject to the terms and conditions being negotiated with the policy. To be finalized and presented at Program Inception. • The program expects to continue purchasing Cyber Resultant Physical Damage cover which is provided to insureds purchasing Terrorism within the program – limits to be determined. • This proposal is based on the current loss experience and is subject to change if this insured’s loss ratio deteriorates further and/or if the markets suffer a catastrophic event • Change in Total Insurable Values will result in adjustment in premium • Each line of coverage is rated separately. Increases in TIV’s on highly rated coverages such as Vehicles, CE, EQ or 100 year Flood Zones, etc. may increase the insured’s average account rate. • The flood zones provided on the Schedule of Values (SOVs) are for rating purposes only. The actual flood zone will be determined at the time of loss.

• Please refer to invoice for new lock box remittance for address and account information.

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 11 of 15 City of Merced 06/03/2026 11:13:26 AM

APIP SUMMARY OF PROPOSED PROPERTY CHANGES
BELOW IS A SUMMARY OF PROPOSED CHANGES FOR THE 2026-2027 POLICY PERIOD

Coverage 2025-2026 2026-2027 Status
Available Program
Boiler & Machinery
Limits up to:
$200,000,000 $250,000,000 Approved
Extra Expense Sub-
limit $75,000,000 $100,000,000

Approved
Miscellaneous
Unnamed Locations
Sub-limit
$10,000,000 $25,000,000

Approved
Combined Business
Interruption, Rental
Income and Tuition
Income (and related
fees) Sub-limit
$100,000,000 $200,000,000 Approved
Increased Cost of
Construction Sub-
limit
$50,000,000 $100,000,000

Approved
Claims Preparation
Sub-limit $1,500,000 $2,500,000

Pending
Address c/o Alliant Insurance Services, Inc., 325 E.

Hillcrest Dr., Suite 250, Thousand Oaks, CA
c/o Alliant Insurance Services, Inc., 18100
Von Karman Ave., 10th Floor, Irvine, CA
92612
Update
Upgrade to Green
limit $5,000,000 $10,000,000 Pending

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 12 of 15 City of Merced 06/03/2026 11:13:26 AM

MASTER POLICY FORM PROPOSED CHANGES
Coverage 2025-2026 2026-2027 Status
Policy Period July 1, 2025 to July 1,2026 July 1, 2026 to July 1,2027 Update USA Form No. 21 22 Update
Section I, B. Named
Insured
As shown on the Declaration page, or as listed in
the Declaration Schedule Addendum attached to
this Policy.

All Named Insureds of the ALLIANT

PROPERTY INSURANCE PROGRAM
(APIP) (for their respective rights and
interests) as more fully defined in the
Schedule of Named Insured’s (including
Named Insureds added to the program
during the term of this policy), and the Broker
(Alliant) issued Evidence of Coverage
documents held on file in the office of Alliant
Insurance Services, Inc., 18100 Von Karman
Avenue, 10th Floor, Irvine, CA 92612 and the
Company.

Pending
Section I C. Mailing
Address of Named
Insured

AS PER DECLARATION PAGE
c/o Alliant Insurance Services, Inc.
18100 Von Karman Ave., 10 th Floor, Irvine,
CA 92612

Update

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 13 of 15 City of Merced 06/03/2026 11:13:26 AM

MASTER POLICY FORM PROPOSED CHANGES CONTINUED
Coverage 2025-2026 2026-2027 Status
Section I, D. Policy
Period
AS PER DECLARATION PAGE July 1, 2026 to July 1, 2027 at 12:01 AM at the location of the insured property.

Pending
To include Section I,
E. Limits of Liability
and all subsequent
sections
Reference to: Declaration Page Revised to read: Named Insured’s Evidence of Coverage

Pending
Section I, E. 2. Sub-
Limits of Liability
3rd sentence: The absence of a sub-limit of
liability amount in the Declaration Page means that
no coverage is provided for that item.

The absence of a sub-limit amount or where
“Not Covered” is indicated for a sub-limit of
liability in the Named Insured’s Evidence of
Coverage, no coverage is provided for that
item.

Pending
Section I, E. 2. p.

Increased Cost of Construction due to the
enforcement of building codes / ordinance or law.

Increased Cost of Construction due to the of
building codes / ordinance or law.

Pending
Section I, E. 2. u.

Separately as respects Contingent Business
Interruption, Contingent Extra Expense, Contingent
Rental Value, and Contingent Tuition Income;
Contingent Time Element: Separately as
respects Contingent Business Interruption,
Contingent Extra Expense, Contingent Rental
Value, and Contingent Tuition Income;

Pending
Section II, B. 2.

PROPERTY IN COURSE OF CONSTRUCTION

AND ADDITIONS

COURSE OF CONSTRUCTION AND

ADDITIONS
Pending
Section II. B. 6.

Claim Preparation
Expenses
Not Present
Added as last sentence: This coverage
provided by this clause is sub-limited to USD
as per the Named Insured’s Evidence of
Coverage.

Pending
Section II. B. 9.

Building Laws
Reference to: enforcement of Deleted within this coverage description Pending Section II. B. 10.

Demolition Cost
Reference to: enforcement of Deleted within this coverage description Pending Section II, D. 6.

Library Contents
Expiring values Values inflated by 2025; 4th quarter rate of

3.5%
Update
Section II, D. 6.

Library Contents
The above valuation is predicated on the values
provided by the Library of Congress Dewey
Decimal system and adjusted for inflation.

The above valuation is an estimated amount
and adjusted for inflation.

Pending
Section II. D. 7.

Actual Cash Value will be applied for vehicles ten
years or older. Deleted in its entirety Pending
Section III. B. 1.

Ingress / Egress
Not Present
Added as last sentence: The coverage
provided by this clause is sub-limited to USD
as per Named Insured’s Evidence of
Coverage.

Pending
Section III. B. 2.

Interruption by Civil
Authority
Not Present
Added as last sentence: The coverage
provided by this clause is sub-limited to USD
as per Named Insured’s Evidence of
Coverage.

Pending

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 14 of 15 City of Merced 06/03/2026 11:13:26 AM

MASTER POLICY FORM PROPOSED CHANGES CONTINUED
Coverage 2025-2026 2026-2027 Status
Section IV, B.

Exclusions Not Present
New 23. Money and Securities except for
physical loss as a result of Fire, Wind, Hail,
Explosion, Smoke, Lightning, Riot, Civil
Commotion, Impact by Aircraft or Objects
falling there from, Impact by Vehicles, Water
Damage and Theft (other than by an
employee of the Named Insured(s)).

Pending
Section IV, D.

Territorial Limits
This Policy insures Real and Personal Property
within the United States of America. Personal
Property is extended to Worldwide coverage. The
coverage provided by this clause for Personal
Property is sub-limited to USD as per Declaration
Page.

This Policy insures Real and Personal
Property within the United States of America.

Personal Property Outside of the USA
(including associated Business Interruption)
is extended to Worldwide coverage. The
coverage provided by this clause for
Personal Property is sub-limited to USD as
per Named Insured’s Evidence of Coverage.

Pending
Section IV, I. Vacant
Buildings 4.b.

Paragraph reference to:

Declaration Page, and;
the enforcement of
Revised to: Named Insured’s Evidence of
Coverage
Deleted: the enforcement of
Pending
Section IX, 2. d.
header Media Coverage Electronic Data Processing Media and Data Restoration
Clarification
Section IX, 2. f.
header Utility Interruption Service/Utility/Off Premises Power Interruption Clarification
Section IX, 2. h.

Ordinance or Law
i. Loss to the Undamaged Portion of the Building,
meaning loss to the undamaged portion of the
building caused by enforcement of any ordinance
or law that:

Loss to the Undamaged Portion of the
Building, meaning loss to the undamaged
portion of the building caused by any
ordinance or law that:

Pending
Section IX, 2. h.

Ordinance or Law
ii. Demolition Cost meaning the cost to demolish
and clear the site of undamaged parts of the
building, caused by the enforcement of building,
zoning, or land ordinance or use.

Demolition Cost meaning the cost to
demolish and clear the site of undamaged
parts of the building, caused by building,
zoning, or land ordinance or use.

Pending
Section IX, 2. h.

Ordinance or Law
iii. … when the increased cost is a consequence of
enforcement of building, zoning or land use
ordinance or law.
iii. …when the increased cost is a
consequence of building, zoning or land use
ordinance or law.

Pending
Section IX, 2. h.

Ordinance or Law
iii. second set of alpha numeric identifiers
a. and b.
iii. second set of alpha numeric identifiers
revised to: c. and d. Pending
Section IX, 2. h.

Ordinance or Law

iii. second set of alpha numeric identifier
a. Costs associated with the enforcement of any
ordinance or law which requires any Named
Insured or others to test for, monitor, clean up,
remove, contain, treat, detoxify, or neutralize, or in
any way respond to, or assess the effects of
substances declared to be hazardous to health by
a governmental agency; or
iii. second set of alpha numeric identifier
c. Costs associated with any ordinance or
law which requires any Named Insured or
others to test for, monitor, clean up, remove,
contain, treat, detoxify, or neutralize, or in
any way respond to, or assess the effects of
substances declared to be hazardous to
health by a governmental agency; or
Pending

2026-2027 Alliant Property Insurance Program (APIP) Property Proposal Page 15 of 15 City of Merced 06/03/2026 11:13:26 AM

Endorsement 7 Pollution, Contamination, Debris Removal
Exclusion
Deleted in its entirety

Pending

2026-2027 Alliant Property Insurance Program (APIP) Boiler and Machinery Proposal Page 1 of 3 City of Merced 06/03/2026 11:13:26 AM

ALLIANT INSURANCE SERVICES, INC.

ALLIANT PROPERTY INSURANCE PROGRAM (APIP)

BOILER AND MACHINERY PROPOSAL

NAMED INSURED: City of Merced

POLICY PERIOD: July 1, 2026 to July 1, 2027
COMPANIES: See Attached List of Companies

TOTAL INSURED VALUES: $ 458,504,317 as of June 3, 2026

STATUS/RATING: See Attached List of Companies

COVERAGES & LIMITS: $ 250,000,000 Boiler Explosion and Machinery Breakdown, (for those Named Insureds that purchase this optional dedicated
coverage) as respects Combined Property Damage and
Business Interruption/Extra Expense (Including Bond
Revenue Interest Payments where Values Reported and
excluding Business Interruption for power generating
facilities unless otherwise specified). Limit includes loss adjustment agreement and electronic computer or
electronic data processing equipment with the following sub-limits:

Included Jurisdictional and Inspections.

$ 10,000,000 Per Occurrence for Service/Utility/Off Premises Power Interruption.

Included Per Occurrence for Consequential Damage.

$ 10,000,000 Per Occurrence for Electronic Data Processing Media and Data Restoration.

$ 2,000,000 Per Occurrence, Per Named Insured and in the Annual Aggregate per Declaration for Earthquake Resultant
Damage for Named Insureds who purchase Dedicated
Earthquake Shock Coverage.

$ 10,000,000 Per Occurrence for Hazardous Substances.

Included Per Occurrence for Machine or Apparatus used for Research, Diagnosis, Medication, Surgical, Therapeutic, Dental or Pathological Purposes.

NEWLY ACQUIRED
LOCATIONS:

$ 25,000,000 Automatic Acquisition for Boiler & Machinery values at newly acquired locations. Values greater than
$25,000,000 or Power Generating Facilities must be
reported within 120 days and must have prior underwriting approval prior to binding

2026-2027 Alliant Property Insurance Program (APIP) Boiler and Machinery Proposal Page 2 of 3 City of Merced 06/03/2026 11:13:26 AM
VALUATION: Repair or Replacement except Actual Loss sustained for all Time Element coverages

EXCLUSIONS
(Including but not limited
to):

 Testing
 Explosion, except for steam or centrifugal explosion
 Explosion of gas or unconsumed fuel from furnace of the boiler

OBJECTS EXCLUDED:
(Including but not limited
to):

 Insulating or refractory material
 Buried Vessels or Piping

NOTICE OF
CANCELLATION:

90 days except 10 days for non-payment of premium

DEDUCTIBLES: $ 25,000 Except as shown for Specific Objects or Perils.

$ 25,000 Electronic Data Processing Media.

$ 25,000 Consequential Damage.

$ 25,000 Objects over 200 hp, 1,000 KW/KVA/Amps or
Boilers over 5,000 square feet of heating surface.

$ 50,000 Objects over 350 hp, 2,500 KW/KVA/Amps or
Boilers over 10,000 square feet of heating surface.

$ 100,000 Objects over 500 hp, 5,000 KW/KVA/Amps or
Boilers over 25,000 square feet of heating surface.

$ 250,000 Objects over 750 hp, 10,000 KW/KVA/Amps or
Boilers over 75,000 square feet of heating surface.

$ 350,000 Objects over 25,000 hp, 25,000 KW/KVA/Amps or Boilers over 250,000 square feet of heating
surface.

$ 10 per foot / $2,500
Minimum
Deep Water Wells.

24 Hour Waiting Period Utility Interruption.

24 Hours Business Interruption/Extra Expense Except as
noted below.

30 Days Business Interruption - Revenue Bond.

5 x 100% of Daily Value Business Interruption - All objects over 750 hp or 10,000 KW/KVA/Amps or 10,000 square feet
heating surface.

5 x 100% of Daily Value Business interruption - All Objects at Waste Water Treatment Facilities and All Utilities.

Annual Cost
COST: Cost is included on Property Proposal

PRINT DATE: June 3, 2026

PROPOSAL VALID UNTIL: July 1, 2026

2026-2027 Alliant Property Insurance Program (APIP) Boiler and Machinery Proposal Page 3 of 3 City of Merced 06/03/2026 11:13:26 AM
BROKER: ALLIANT INSURANCE SERVICES, INC.

License No. 0C36861
NOTES:
 Some coverage, limits, sub-limits, terms and conditions will change, as negotiations are ongoing. Changes will be documented and accompany the Binder Confirmation for July 1, 2026 bound terms. Coverage outlined in this Proposal is subject to the terms and conditions set forth in the policy.
 Please refer to the Policy for specific terms, conditions, and exclusions.  This proposal is based on the current loss experience and is subject to change if this insured’s loss ratio deteriorates further and/or if the markets suffer a catastrophic event.  Change in Total Insurable Values will result in adjustment in premium.

Kevin J. Bibler
Senior Vice President

Evan Washburn
Assistant Vice President, Associate Producer

Kortney K. Hughes
Account Manager

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 1 of 9 City of Merced

ALLIANT INSURANCE SERVICES, INC.

ALLIANT PROPERTY INSURANCE PROGRAM (APIP)

CYBER INSURANCE PROPOSAL

CORE COVERAGE

TYPE OF COVERAGE:

PROGRAM:

NAMED INSURED:

Information Security & Privacy Insurance with Electronic Media Liability Coverage

Alliant Property Insurance Program (APIP) inclusive of Public Entity Property Insurance Program (PEPIP), a nd
Hospital All Risk Property Program (HARPP), and
Special Property Insurance Program (SPIP)

APIP Cyber and Pollution Programs, Inc. which may include any member(s), entity(ies), agency(ies), organization(s), enterprise(s) and/or individual(s), attaching to each Declaration insured under the ALLIANT PROPERTY INSURANCE PROGRAM (APIP), inclusive of PUBLIC ENTITY PROPERTY INSURANCE PROGR AM (PEPIP) and HOSPITAL ALL RISK PROPERTY PROGRAM (HARPP) and SPEC IAL PROPERTY INSURANCE PROGRAM (SPIP) as their respective rights and interests may appear which now exist or which hereafter may be created o r acquired and which are owned, financially controlled or actively managed by the h erein named interest, all jointly, severally or in any combination of their interests, for account of whom it may concern (all hereinafter referred to as Member(s) / Entity(ies)).

DECLARATION: Various Declarations as on file with Insurer

POLICY PERIOD: July 1, 2026 to July 1, 2027

TERRITORY: WORLD-WIDE
RETROACTIVE DATE: APIP/PEPIP
For new members – the retro active date will be the date of addition July 1, 2026 For new members included on the July 1 , 2026/27 policy July 1, 2025 For new members included on the July 1 , 2025/26 policy July 1, 2024 For existing members included on the J uly 1, 2024/25 policy July 1, 2023 For existing members included on the J uly 1, 2023/24 policy July 1, 2022 For existing members included on the J uly 1, 2022/23 policy July 1, 2021 For existing members included on the J uly 1, 2021/22 policy July 1, 2020 For existing members included on the J uly 1, 2020/21 policy July 1, 2019 For existing members included on the J uly 1, 2019/20 policy July 1, 2018 For existing members included on the J uly 1, 2018/19 policy July 1, 2017 For existing members included on the J uly 1, 2017/18 policy July 1, 2016 For existing members included on the J uly 1, 2016/17 policy July 1, 2015 For existing members included on the J uly 1, 2015/16 policy July 1, 2014 For existing members included on the J uly 1, 2014/15 policy July 1, 2013 For existing members included on the J uly 1, 2013/14 policy July 1, 2012 For existing members included on the J uly 1, 2012/13 policy

INSURER: Lloyd’s of London - Beazley Syndicate: Syndicates 2623 - 623 - 100%

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 2 of 9 City of Merced

COVERAGES &
LIMITS:

Ai. $ 75,000,000 Annual Policy and Program Aggregate Limit of Liability (subject to policy exclusions) for all Insureds/Mem bers combined (Aggregate for all coverages combined,
including Claims Expenses), subject to the followin g limits and sub-limits as noted.

Aii. $ 2,000,000 Insured/Member Annual Aggregate Limit of Liability (subject to policy exclusions) for each Insured/Mem ber, within the Annual Policy and Program Aggregate Limit of Liability (Aggregate for all coverages combined, in cluding Claim Expenses) subject to the following limits and sub- limits as noted.

BREACH RESPONSE
Breach Response
Costs:

$ 500,000 Aggregate Limit of Liability for each Insured/Member (Limit is increased to $1,000,000 if Beazley Nomina ted Services Providers are used)

FIRST PARTY LOSS
Business Interruption
and Dependent
Business Interruption
Aggregate Sublimit
Business Interruption
Loss Resulting from
Security Breach:

Business Interruption
Loss Resulting from
System Failure:

$ 750,000 Aggregate Limit of Liability for each Insured/Member

$ 750,000 * Aggregate Limit of Liability for each Insured/Member (Within the $750,000 Business Interruption and Dependent Business Interruption Aggregate Sublimit)

$ 500,000 * Aggregate Limit of Liability for each Insured/Member (Within the $750,000 Business Interruption and Dependent Business Interruption Aggregate Sublimit)

Dependent Business
Loss Resulting from
Security Breach:

Dependent Business
Loss Resulting from
System Failure:

Cyber Extortion Loss:

Data Recovery Costs:
$ 750,000 Aggregate Limit of Liability for each Insured/Member (Within the $750,000 Business Interruption and Dependent Business Interruption Aggregate Sublimit)

$ 100,000 Aggregate Limit of Liability for each Insured/Member (Within the $750,000 Business Interruption and Dependent Business Interruption Aggregate Sublimit)

$ 750,000 * Aggregate Limit of Liability for each Insured/Member

$ 750,000 * Aggregate Limit of Liability for each Insured/Member Liberty Surplus Insurance Corporation (Ironshore)
Associated Industries Insurance Company, Inc. (AmTr ust Financial) Westchester Surplus Lines Insurance Company (Chubb)
100% MRS 457 at Lloyd’s (Munich RE)

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 3 of 9 City of Merced
Data & Network
Liability:

Regulatory Defense &
Penalties:

$ 2,000,000 Aggregate Limit of Liability for each Insured/Member for all Damages and Claims Expenses

$ 2,000,000 Aggregate Limit of Liability for each Insured/Member for all Penalties and Claims Expenses

Payment Card
Liabilities & Costs:

Media Liability:

$ 2,000,000 Aggregate Limit of Liability for each Insured/Member for all PCI Fines, Expenses and Costs

$ 2,000,000 Aggregate Limit of Liability for each Insured/Member for all Damages and Claims Expenses

*Contingent Security Controls Endorsement:

If, at the time of loss, the insured implemented both an End Point Protection Platform and Multi Factor Authentication across the insured network, the following sublimits (as described above) are increased to $2,000,000:

 Business Interruption Loss from Security Breach
 Business Interruption Loss from System Failure
 Cyber Extortion Loss
 Data Recovery Loss

eCRIME
Fraudulent Instruction:

Funds Transfer Fraud:

Telephone Fraud:

$ 100,000 Aggregate Limit of Liability for each Insured/Member

$ 100,000 Aggregate Limit of Liability for each Insured/Member

$ 100,000 Aggregate Limit of Liability for each Insured/Member

CRIMINAL REWARD
Criminal Reward:

$ 25,000 Aggregate Limit of Liability for each Insured/Member

COVERAGE

ENDORSEMENT(S)
Reputation Loss:

Claims Preparation
Costs for Reputation
Loss Claims Only:

$ 200,000 Aggregate Limit of Liability for each Insured/Member

$ 50,000 Aggregate Limit of Liability for each Insured/Member

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 4 of 9 City of Merced
Computer Hardware
Replacement Costs:

Invoice Manipulation:

Cryptojacking:

$ 200,0000 Aggregate Limit of Liability for each Insured/Member

$ 100,000 Aggregate Limit of Liability for each Insured/Member

$ 50,000 Aggregate Limit of Liability for each Insured/Member

RETENTION:

$ 50,000 Per Incident, Claim, or Loss for each Memb er/Insured with Total Insured Value (TIV) up to $250,000,000 at the time of policy inception
8 Hour waiting period for Dependent/Business Inter ruption Loss
$ 100,000 Per Incident, Claim, or Loss for each Mem ber/Insured with Total Insured Value (TIV) greater than $250,000,000 and up to $750,000,000 at the time of policy inception
8 Hour waiting period for Dependent/Business Inter ruption Loss
$ 250,000 Per Incident, Claim, or Loss for each Mem ber/Insured with Total Insured Value (TIV) greater than $750,000,000 at the time of policy inception
8 Hour waiting peri od for Dependent/Business Interruption Loss

NOTICES:

Policy coverage of this policy provides coverage o n a claims made and reported basis; except as otherwise provided, cover age under noted coverage applies only to claims first made against the Insured/Member and reported to underwriters during the policy period. Claims expenses shall reduce the applicable limit of liability and are subject to the applicable retention.

This is a shared limit policy among the Named Insur eds. The per
Insured/Member policy limits are on a per Insured/M ember basis. Sub- limits listed are aggregated per Insured/Member and are wi thin the total Insured/Member aggregate limit. In the event of a claim/incident with multiple Insureds/Members exhausting the program aggregate l imit provided by the Insurer to Insureds/Members, payment to all Insureds/Members for the claim/incident will be determined by the Insurer. Where coverages are aggregated, sub-limit and limits apply to all Insureds/Members for the entire Policy Period unless specifically stated otherwise. The policy aggregate limit is not per Insured/Member maximum limit.

EXTENDED
REPORTING PERIOD:

For Named Insured - To be determined at the time of election (additional premium will apply)

SPECIFIC COVERAGE
PROVISIONS:

A.

Breach Response indemnifies the Insured Organization for Breach Res ponse Costs incurred by the Insured Organization because of an actual or reasonably suspected Data Breach or Security Breach that the I nsured first discovers during the Policy Period.

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 5 of 9 City of Merced

B.

First Party Loss

Business Interruption Loss indemnifies the Insured Organization for a Business Interruption Loss sustained as a result of a Security Breach or System Failure that the Insured first discovers during the Policy Period.

Dependent Business Interruption Loss indemnifies the Insured Organization for a Dependent Business Interruption Loss sustained as a result of a Dependent Security Breach or a Dependent System Failure that the Insured first discovers during the Policy Period.

Cyber Extortion Loss indemnifies the Insured Organization for a Cyber Ex tortion Loss incurred as a result of an Extortion Threat fi rst made against the Insured Organization during the Policy Period.

Data Recovery Costs indemnifies the Insured Organization for Data Recov ery Costs incurred as a direct result of a Security Breach that the Insured first discovers during the Policy Period.

C.

Liability
Data & Network Liability pays Damages and Claims Expenses, which the Insured is legally obligated to pay because of any Claim fi rst made against any Insured during the Policy Period for a Data Breach, a Security Breach, the Insured’s failure to timely disclose a Data Breach or Security Breach , or failure of the Insured to comply with the part of a Privacy Policy that specifically:
(a) prohibits or restricts the Insured Organization’s disclosure, sharing or selling of Personally Identifiable Information; (b) requires the Insured Organization to provide individual access to Personally Identifiable Inform ation or to correct incomplete or inaccurate Personally Identifiable Information afte r a request is made; or (c) mandates procedures and requirements to prevent the loss of Personally Identifiable Information.

Regulatory Defense & Penalties pays Penalties and Claims Expenses, which the Insured is legally obligated to pay because of a Re gulatory Proceeding first made against any Insured during the Policy Period for a Data Breach or a Security Breach.

Payment Card Liabilities & Costs indemnifies the Insured Organization for PCI Fines, Expenses and Costs which it is legally oblig ated to pay because of a Claim first made against any Insured during the Policy Period.

Media Liability pays Damages and Claims Expenses, which the Insured is legally obligated to pay because of any Claim first made ag ainst any Insured during the Policy Period for electronic Media Liability.

D.

E.
eCrime indemnifies the Insured/Member for any direct fina ncial loss sustained resulting from:
 Fraudulent Instruction
 Funds Transfer Fraud
 Telephone Fraud
That the Insured first discovers during the Policy Period.

Criminal Reward indemnifies the Insured/Member for Criminal Reward Funds.

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 6 of 9 City of Merced

Coverage
Endorsement(s)

Reputational Loss indemnifies the Insured Organization for Reputation Loss that the Insured Organization sustains solely as a resul t of an Adverse Media Event that occurs during the Policy Period, concerning: a Data Breach, Security Breach, or Extortion Threat that the Insured first discovers during the Policy Period; or if this policy is a Renewal, a Data Breach, Security Breach , or Extortion Threat that the Insured first discovers during the last 90 days of the prior policy period.

Computer Hardware Replacement Costs are part of the Extra Expense coverage. Extra Expense means reasonable and necess ary expenses incurred by the Insured Organization during the Period of Restoration to minimize, reduce or avoid Income Loss, over and above those expenses the Insured Organization would have incurred had no Security Breach, System Failure, Dependent Security Breach or Dependent System Failure occurre d; and includes reasonable and necessary expenses incurred by the Insured Orga nization to replace computers or any associated devices or equipment op erated by, and either owned by or leased to, the Insured Organization that are unable to function as intended due to corruption or destruction of software or firmware directly resulting from a Security Breach

Invoice Manipulation indemnifies the Insured Organization for Direct Ne t Loss resulting directly from the Insured Organization’s inability to collect Payment for any goods, products or services after such goods, products or services have been transferred to a third party, as a result of Invoice Manipulation that the Insured first discovers during the Policy Period. Invoice Manipu lation means the release or distribution of any fraudulent invoice or fraudulen t payment instruction to a third party as a direct result of a Security Breach or a Data Breach.

Cryptojacking indemnifies the Insured Organization for any direc t financial loss sustained resulting from Cryptojacking that the Ins ured first discovers during the Policy Period. Cryptojacking means the Unauthorized Access or Use of Computer Systems to mine for Digital Currency that directly results in additional costs incurred by the Insured Organization for electricity, natural gas, oil, or internet.

Other Insurance Amendment Endorsement the insurance under this policy will apply in excess of any other valid and collective insurance available to any insured unless such other insurance is written only as spec ific excess insurance over this policy.

Contingent Security Controls Endorsement if an insured/member has at the time of loss Multi-Factor Authentication for all Re mote Access to the Insured’s network and an Endpoint Protection Platform impleme nted across the insured enterprise the following will be increased to $2,00 0,000 per member aggregate:

Business Interruption from Security Breach and Syst em Failure, Cyber Extortion, and Data Recovery.

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 7 of 9 City of Merced
EXCLUSIONS:
(Including but not
limited to)

Coverage does not apply to any claim or loss from:
 Bodily Injury or Property Damage
 Trade Practices and Antitrust
 Gathering or Distribution of Information
 Prior Known Acts & Prior Noticed Claims
 Racketeering, Benefit Plans, Employment Liability & Discrimination  Sales or Ownership of Securities & Violation of Se curities Laws  Criminal, Intentional of Fraudulent Acts
 Patent, Software Copyright, Misappropriation of In formation  Governmental Actions
 Other Insureds & Related Enterprises
 Trading Losses, Loss of Money & Discounts
 Media-Related Exposures – Contractual liability or obligation  Nuclear Incident Exclusion Clause
 Radioactive Contamination Exclusion Clause
 Tribal Exclusion Endorsement
 Amend First Party Loss Exclusion
 Mergers and Acquisitions Clause Amendment Endorsem ent  Sanctions Limitation
 War and Cyber War Exclusion with Single Entity Carv e Back  Asbestos, Pollution and Contamination Exclusion En dorsement  First Party Loss – with respects: 1. seizure, nati onalization, confiscation, or destruction of property or data by official order o f any governmental or public authority; 2. costs or expenses incurred by the Insured to identify or remediate software program errors or vulnerabilities or updat e, replace, restore, assemble, reproduce, recollect or enhance data or C omputer Systems to a level beyond that which existed prior to a Security Breach, System Failure, Dependent Security Breach, Dependent System Failure or Extortion Threat; but solely with respect to Business Interruption Lo ss, this exclusion will not apply to the extent that such costs or expenses are less than or equal to such costs or expenses incurred to restore the Computer System to the same or equivalent condition that existed immediately prior to a Security Breach or System Failure; 3. failure, interruption, or malfun ction of Financial Market Infrastructure, Digital and Internet Infrastructure , power, water, oil, gas, electrical, sewage, or other utilities, or mechanic al infrastructure or services, that are not under the Insured Organization’s direc t operational control; or 4. fire, flood, earthquake, volcanic eruption, explosi on, lightning, wind, hail, tidal wave, landslide, act of God or other physical event.
 Website Tracking Exclusion Endorsement specific to hospitals as defined by:

Hospitals defined as institutions that comprise all the following: A health facility with overall administrative and professional respon sibility and an organized medical staff that provides 24-Hour inpatient care, including the following services: Medical, nursing, surgical, anesthesia, l aboratory, pharmacy, and dietary services.

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 8 of 9 City of Merced

NOTICE OF CLAIM:

 IMMEDIATE NOTICE must be made to Beazley NY of all potential claims and circumstances (assistance, and cooperation clause applies)  Claim notification under this policy is to:

Beazley Group
Attn: Cyber and Tech Claims Group
45 Rockefeller Plaza, 16 th Floor
New York, NY 10111
[email protected]
Toll-Free 24-Hour Hotline 866-567-8570

NOTICE OF
CANCELLATION:

10 days for non-payment of premium
OTHER SERVICES Unlimited Access to Beazley Breach Solutions websit e https://www.beazley.com/en-us/cyber-customer-centre /cyber/

BROKER: ALLIANT INSURANCE SERVICES, INC.

License No. 0C36861

NOTES:
• Coverage outlined in this Proposal is subject to the terms and conditions set forth in the policy.

• Please refer to Policy for specific terms, conditions and exclusions

• Premium is noted on the Property Proposal

2026-2027 Alliant Property Insurance Program (APIP) Cyber Liability Proposal Page 9 of 9 City of Merced

SUMMARY OF CYBER INSURANCE CHANGES
THE FOLLOWING ITEMS ARE PROPOSED CHANGES FOR THE 2026-2027 POLICY TERM

Coverage 2025-2026 Expiring 2026-2027 Proposed Changes
Beazley Breach Response
Endorsement
Boost option increased the
Business Income from Security
Breach and System Failure, Data
Recovery, and Cyber Extortion to
full limit.

Boost Option is no longer available.

Increased limits offered program
wide with new *Contingency Control
Endorsement outlined above.

Retention Buy Down
Coverage is offered to new and
existing members; underwriting
required
Coverage is offered to new and
existing members; underwriting
required
New members of APIP Cyber Core-
Mid Term Transactions
All Members requesting core
coverage are required to
complete the Beazley
Ransomware Supplemental in the
application portal, along with a
statement of no losses and a
signed AFB Warranty
All Members requesting core
coverage are required to complete
the Beazley Ransomware
Supplemental in the application
portal, along with a statement of no
losses and a signed AFB Warranty.

ECrime Coverage Update
25-26 Ecrime Sub-limits
Fraudulent Instruction: $75,000
Funds Transfer Fraud: $75,000
Telephone Fraud: $75,000
26-27 Ecrime Sub-limits
Fraudulent Instruction: $100,000
Funds Transfer Fraud: $100,000
Telephone Fraud: $100,000
Beazley Core Coverage-New Boost
offering
By endorsement and included
only with the BBR purchase.

Open to all members. Provides
full limit coverage for some First
Party Limits; Business
Interruption, Cyber Extortion, and
Data Recovery
Boost is deleted and no longer
included with the BBR Endorsement.

Contingent Security Control
Endorsement replaces boost
program wide.

New to APIP Cyber Core:

Contingency Security Controls
Endorsement
Previously covered under “Boost”
for BBR Purchasers
Business Interruption from a Security
Breach or System Failure, Data
Recovery, and Cyber Extortion are
now $2,000,000 per member
aggregate with the insureds
implementation of an End Point
Protection Platform and Multi Factor
Authentication at the time of loss.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 1 of 17 City of Merced

ALLIANT INSURANCE SERVICES, INC.

ALLIANT PROPERTY INSURANCE PROGRAM (APIP)

POLLUTION LIABILITY PROPOSAL

TYPE OF INSURANCE: Insurance Reinsurance

TYPE OF COVERAGE: Claims Made and Reported Pollution Liability

PROGRAM: Alliant Property Insurance Program (APIP)

NAMED INSURED: Any member(s), entity(ies), agency(ies), organization(s), enterprise(s), pool(s), Joint Powers Authority(ies) and/or individual(s) attached to each Declaration insured as per Named Insured Schedule on file with Insurer, listed below.

POLICY PERIOD: July 1, 2026 to July 1, 2027

RETROACTIVE DATE: This coverage shall only apply if the Pollution Incident or Disinfection Event giving rise to the Claim, Loss, Business Interruption Expenses or Extra Expenses commenced, in its entirety, on or after July 1, 2011, or the date that the Insured first joined the Alliant Property Insurance Program (APIP) for environmental or pollution insurance coverage, whichever is later, except for the following coverages:

 July 1, 2021 for Products Pollution and Exposure L iability;  July 1, 2021 for Contractor’s Pollution
 July 1, 2021 for Mold Matter

COMPANY: Ironshore Specialty Insurance Company

A.M. BEST
INSURANCE RATING:

A, Excellent, Financial Size Category XV
($2 Billion or greater)
Effective September 10, 2025

STANDARD & POORS
RATING:

A (Strong) as of November 19, 2025

ADMITTED STATUS: Non-Admitted in all states.

COVERED PROPERTY: Per the following Statements of Values (SOVs) submitted and on file with carrier:

1. PEPIP DEC 1 – SOVs

2. PEPIP DEC 2 – SOVs

3. PEPIP DEC 3 – SOVs

4. PEPIP DEC 4 – SOVs

5. PEPIP DEC 5 – SOVs

6. PEPIP DEC 11 – SOVs

7. PEPIP DEC 12 – SOVs

8. PEPIP DEC 14 – SOVs

9. PEPIP DEC 19 – SOVs

10. PEPIP DEC 23 – SOVs

11. PEPIP DEC 24 – SOVs

12. PEPIP DEC 26 – SOVs

13. PEPIP DEC 27 – SOVs

14. PEPIP DEC 28 – SOVs

15. PEPIP DEC 29 – SOVs

16. PEPIP DEC 30 – SOVs

17. PEPIP DEC 32 – SOVs
(Excludes SPIP, except as
endorsed)

18. PEPIP DEC 33 – SOVs

19. PEPIP DEC 34 – SOVs

20. PEPIP DEC 35 – SOVs

21. PEPIP DEC 39 – SOVs

22. PEPIP DEC 96 – SOVs
(Excluding HARPP members)

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 2 of 17 City of Merced

COVERED PROPERTY
(Continued):

Covered locations are defined as any real property owned, leased, rented, operated or occupied by the Insured as of Policy Inception, including, but not limited to, any subsurface potable water, wastewater or storm water pipelines including any appurtenances that are attached to or part of the pipeline network, owned or operated by a Named Insured, within a one thousand (1,000) f oot radius of such Covered Property. Also includes any roads including, but not limited to, any alleys, streets or bridges owned or operated by the Insured, any vacan t land, including any parks, open spaces, easements or rights-of-way owned or operate d by the Insured any location scheduled to this policy by endorsement.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 3 of 17 City of Merced
COVERAGES & LIMITS: $25,000,000
$ 2,000,000
$ 2,000,000
$ 2,000,000
Policy Program Aggregate (all insureds combined)
Per Pollution Incident
Per Named Insured Aggregate
Per JPA/Pool Aggregate – including all members

LEGAL COSTS: $ 1,000,000 Aggregate Legal Costs Outside of and in Addition to the Policy Limits

SUB-LIMITS: $ 100,000
$ 100,000
$ 250,000
$ 250,000
$ 5,000,000

$ 1,000,000

$ 3,000,000
$ 3,000,000

$ 250,000

$ 2,000,000

$ 5,000,000

$10,000,000

$ 1,000,000

$ 2,000,000

$ 2,000,000

$10,000,000

$ 5,000,000
Disinfection Event Expenses Per Pollution Incident *
Disinfection Event Expenses Program Aggregate*
Image Restoration Expenses Per Pollution Incident*
Image Restoration Expenses Program Aggregate*
Mold Matter Loss, Business Interruption and Extra
Expense Program Aggregate*
Mold Matter Restoration Costs, Business Interruption
Expenses and Extra Expenses Program Aggregate*
Sewer Backup and Overcharge Program Aggregate*
Lead or Lead Containing Materials Program Aggregate –
All Claims*
Any Punitive, Exemplary and Multiplied Damages and Civil Fines, Penalties and Assessments*
Products Pollution and Exposure Liability Per Pollution Incident*
Products Pollution and Exposure Liability Program
Aggregate – Biosolid-derived fertilizer*
Products Pollution and Exposure Liability Program
Aggregate – Potable Water*
Contractor’s Pollution Per Pollution Incident - Herbicide, Insecticide, Pesticide Applications Only*
Contractor’s Pollution Program Aggregate - Herbicide,
Insecticide, Pesticide Applications Only*
Contractor’s Pollution Per Pollution Incident - All other Operations*
Contractors Pollution Program Aggregate* - All othe r
Operations*
Wildfire Program Aggregate Sublimit*

*Note: the above sub-limits payable under this coverage do not increase and are not in addition to the applicable limit of liability.

EXTENDED REPORTING
PERIOD:

Automatic Extended Reporting Period

The Named Insured shall be entitled to an Automatic Extended Reporting Period for a period of ninety (90) days following the effective date of termination of this Policy for no additional premium. This automatic ERP does not apply if the insured has purchased other insurance to replace the insurance provided by this policy.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 4 of 17 City of Merced

SPECIFIC COVERAGE
PROVISIONS:

CLAIMS MADE AND REPORTED

Coverage A – Third Party Claims for Bodily Injury, Property Damage or Remediation Expenses:

Coverage for loss that the Insured becomes legally obligated to pay as a result of claims for Bodily Injury, Property Damage or Remediation Expenses directly resulting from a Pollution Incident, provided that the claim is first made against the Insured and reported to the Insurer, in writing, during the policy period.

Coverage B – Onsite First Party Remediation Expenses :

Coverage for Remediation Expenses incurred exclusiv ely for remediation of pollutants that are on, at or under a covered location, provided that the pollution incident is first discovered by the Insured during the policy period, the Insured reports the pollution incident to the Insurer, in writing, during the policy period, and the pollution incident is promptly reported by the Insured to the appropriate governmental authority if and as required by environmental law.

Coverage C – Emergency Response Expenses:

To pay on behalf of the Insured, Emergency Response Expenses incurred by or on behalf of the Insured in response to an imminent and substantial threat to human health or the environment resulting from a Pollution Incident on, at , under or migrating from a Covered Property or arising from Transportation that commences, in its entirety, during the policy period. The Emergency Response Expenses must: (i) be incurred w ithin seven (7) days of the commencement of such Pollution Incident; and (ii) be reported to the Insurer within fourteen (14) days of such commencement. For this Coverage to apply, the Pollution Incident giving rise to the Emergency Response Expenses must be unexpected and unintended from the standpoint of the Insured.

Coverage for Transportation is included in Emergenc y Response Expenses above.

Coverage D – Business Interruption:

Coverage for the Insured’s Business Interruption Expenses and Extra Expenses during the Period of Interruption that directly result from a Pollution Incident on, at or under a Covered Property.

This Coverage shall apply only if the Pollution Incident giving rise to the Business Interruption Expenses or Extra Expenses is first discovered by the Insured and reported to the Insurer, in writing, during the Policy Period, and such Pollution Incident results in Remediation Expenses covered under this Policy. Discovery of a Pollution Incident happens when a Responsible Insured first becomes aware of the Pollution Incident. Further, if the interruption results from a Pollution Incident and any other cause(s), the Company shall only pay that portion of Business Interruption Expenses and Extra Expenses solely attributable to the Pollution Incident. In the event of a Period of Interruption, it is a condition precedent to Coverage that the Named Insured notifies the Company of the interruption within thirty (30) days of its commencement and that the Named Insured resume normal operation of the business as soon as possible and use all reasonable efforts to mitigate any Business Interruption Expenses and Extra Expenses.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 5 of 17 City of Merced

SPECIFIC COVERAGE

PROVISIONS -
CONTINUED:

Coverage E – Coverage for Disinfection Event Expense s
To pay on behalf of the Insured, Disinfection Expenses that directly result from a Disinfection Event at a Covered Property, provided that the Disinfection Event commences, in its entirety, during the Policy Period; such Disinfection Expenses are incurred within thirty (30) days of the first discovery of such Disinfection Event by a Responsible Insured; and the Insured reports the Disinfection Event to the Insurer, in writing, during the Policy Period and within fourteen (14) days of a Responsible Insured’s first discovery of such Disinfection Event.

Disinfection Expenses means reasonable fees and cos ts incurred by the Insured to retain third party qualified vendors to disinfect the actual presence of bacteria or virus at a Covered Property after a Disinfection Event.

Coverage F – Coverage for Image Restoration Expense s
To pay on behalf of the Insured, Image Restoration Expenses that directly result from an Image Restoration Event, provided that the Pollution Incident giving rise to the Image Restoration Event is on, at, under or migrating from a Covered Property or results from Transportation or Waste Disposal Activities; the Pollution Incident giving rise to the Image Restoration Expenses commenced, in its entirety, during the Policy Period; such Image Restoration Expenses are incurred by the Insured within fourteen (14) days of the first newspaper or magazine publication or television news broadcast associated with the Pollution Incident giving rise to the Image Restoration.

Event; and the Pollution Incident giving rise to the Image Restoration Expenses is reported to the Company, in writing, during the Policy Period and within fourteen (14) days of a Responsible Insured’s first discovery of such Image Restoration Event.

Image Restoration Expenses are defined as reasonabl e and necessary public relations expenses to restore public reputation and consumer confidence. Image Restoration Expenses shall include fees and expenses incurred by public relations or crisis management firms and reasonable and necessary printing, mailing of materials and travel by directors, officers, employees or agents of the Named Insured at the direction of such firms.

Image Restoration Expenses shall not include the costs to purchase advertising on television, in newspapers or in any other media.

Supplemental coverage for Contractors Pollution is included. This coverage covers third-party claims arising out of “your work”, provided the claim is first made and reported during the policy period. The Contractor’s Pollution must have commenced on or after 7/1/2021.

Supplemental coverage for Products Pollution and Exposure Liability is included. This coverage covers third-party claims arising out of product pollution, provided the claim is first made and reported during the policy period. The Products Pollution must have commenced on or after 7/1/2021.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 6 of 17 City of Merced

SPECIFIC COVERAGE

PROVISIONS -
CONTINUED:

Insured’s Products are defined as:
 Potable water manufactured, sold, handled or distr ibuted by the Insured or others trading under the Insured’s name, and includes containers (other than automobiles, rolling stock, vessels or aircraft), materials, parts or equipment furnished in connection therewith, and includes warranties or representations made at any time with respect to the fitness, quality, durability, performance or use thereof, or the failure to provide warnings or instructions; or  Biosolid-derived fertilizers manufactured, sold, h andled or distributed by the Insured or others trading under the Insured’s name, and includes containers (other than automobil es, rolling stock, vessels or aircraft), materials, parts or equipment furnished in connection therewith, and includes warranties or representations made at any time with respect to the fitness, quality, durability, performance or use thereof, or the failure to provide warnings or instructions.

Illicit Abandonment is included in the definition of pollution condition.

Other Insurance Condition
Any Loss covered under any other valid and collecti ble insurance, whether primary, excess, contingent, self-insurance, deduct ible or any other basis, including but not limited to any stand-alone polici es purchased by a Named Insured, this insurance shall apply in excess of.

Mold matter and Legionella is included in the defin ition of Pollutant. Mold matter is defined as mold, mildew and fungi, whethe r or not such microbial matter is living. Legionella means legionella pnuemophila.

Wildfire is defined as any hostile fire, wildland fire, forest fire, brush fire, vegetation fire, grass fire, peat fire, bushfire, hill hire, desert fire, veldfire, escaped prescribed fire or escaped wildland fire.

Automatic Acquisition – Automatic coverage for mid-term real property additions, upon the closing date of such acquisition, or the effective date of such lease, management, rental or occupation right or obligation, respectively, for no additional premium. Notice mus t be provided to the Insurer within 365 days, along with any supporting documentation reasonably requested by the underwriter.

Coverage does not apply to any Remediation Expenses or Emergency Response Expenses incurred for the remediation of M old Matter at such Acquired Real Property which is the result of any water intrusion or moisture condition prior to the Insured taking title or occupancy of such property. Any water-intrusion or moisture condition shall include, but not be limited to, any roof or building envelope leak, any heating, ventilation and air conditioning (HVAC) system improvement, replace ment or upgrade or any plumbing or pipe leak.

To add new members to the program or new sub-member s to existing program members, a current statement of values is required for the new member or sub-member and is subject to an additiona l premium of $0.00102 per $100 of Total Insurable Values, pro-rated, with a minimum premium of $450.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 7 of 17 City of Merced

SPECIFIC COVERAGE

PROVISIONS -
CONTINUED:

Coverage is limited for Coverages A, B and D to Sudden and Accidental only for the Santa Barbara Municipal Airport. The pollution incident giving rise to such Remediation Expenses or Business Interruption Expenses and Extra Expenses must be discovered by the Insured during the policy period and within thirty (30) days of commencement, the Pollution Incident is demonstrable as commencing on a specific date, and must be reported to the Insurer in writing during the policy period and no later than ninety (90) days following the discovery of such Pollution Incident.

Blanket Underground Storage Tank coverage included, with a deductible of $250,000 for storage tanks less than twenty years o ld, a deductible of $375,000 for storage tanks between twenty and thirty years old, and a deductible of $500,000 for storage tanks which are thirty years old or older.

Note: Does not meet financial assurance requirement s.

Loss covered pursuant to any state storage tank fund, state administered insurance program or restoration funding for any underground storage tank(s) whose owners qualify for reimbursement, or any self-insurance fund established for the purpose of funding clean-up costs for pollution conditions from any underground storage tank(s), shall be considered primary insurance, to which the coverage afforded pursuant to this policy shall apply in excess.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 8 of 17 City of Merced

Additional Insureds are as follows:
 Any Entity
 If any Named Insured pursuant to this Policy is a Public Entity, the following entities are additional insureds:
o A governmental agency or subdivision, department, municipal body, commission or board, or a not-for profit corporation which is owned or controlled by any Named Insured;
o An individual while acting in the capacity as a di rector of, officer of, trustee of, employee of, temporary or leased worker of, or staff member of, any Named Insured;
o A volunteer, but solely while acting within the sc ope of such duties and at the direction of any Named Insured;
o A paramedic or emergency technician, but solely wh ile acting within the course and scope of employment or while acting as a volunteer pursuant to the direction of any Named Insured; o An elective or appointive officer or a member of a ny such commission, board or agency of any Named Insured bu t solely while acting within the scope of duties as such; or
o A joint venture or partnership, including a mutual assistance pact, joint powers agreement or similar association, but only with respect to the conduct of the business of any named Insured on behalf of that entity or association and only to the extent of such Named Insured’s participation or interest in that entity or association.

If the Named Insured is an Educational Entity, the following persons or entities are additional insureds, individually and collectively, when acting solely within the scope of their duties, office, or employment for, and pursuant to the supervision of, any Named Insured:
 Members of the School Board;
 Officers;
 Employees;
 Temporary or Leased Workers;
 Authorized individual volunteers; or
 Student Body Organizations pursuant to the jurisdi ction of the governing board, but only while pursuant to the supervision required by the governing board.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 10 of 17 City of Merced
EXCLUSIONS (including
but not limited to):

Coverage does not apply to any claim or loss from:
 Aircraft, Auto or Watercraft – does not apply to Tr ansportation  Asbestos, PCBs and Lead –
o Any asbestos, asbestos containing materials, lead, lead containing materials, including but not limited to lead-based paint, polychlorinated biphenyls (PCBs) or materials containing PCBs in, on, at, within or applied to any building, utility, structure or building material. This exclusion does not apply to Claims for Bodily Injury or Property Damage, or Rem ediation Expenses for the remediation of any soil, groundwater body, surface water body or sediment; or
o Any asbestos, asbestos containing materials, lead or lead- containing materials, other metals, including but not limited to copper, or metal containing materials in, on or applied to any water supply or collection equipment, system or infrastructure, including but not limited to water service lines; this does not apply to third-party claims for bodily injury or property damage, or for remediation expenses of any groundwater body, surface water body or sediment;
Further, this exclusion shall not apply to Remediation Expenses solely incurred for the remediation of asbestos, asbestos containing materials or lead-based paint which has been inadvertently displaced (not including any displacement associated with demolition, renovation or abatement) by an accident which occurs, in its entirety, during the Policy Period and is demonstrable by the Insured as commencing during the Policy Period, provided that such accident is reported to the Company within thirty (30) days of its commencement. However, there shall be no covera ge for any costs incurred to: remove, abate, repair, dispose of or otherwise address any asbestos, asbestos containing materials or lead-based paint that has not been displaced by such accident, or to remove or dispose of any building, construction or demolition debris.

Asbestos is fully excluded under Products Pollution and Exposure Liability coverage.
 Contractual Liability – This exclusion does not ap ply to liability that the Insured would have had in the absence of the co ntract or agreement or to liability assumed in an Insured Contract.  Criminal Punishments
 Divested Property – does not apply to any Covered P roperty owned by an Insured as of Policy Inception which is leased to a third party, even if the Insured has relinquished operation or management control of such Covered Property, provid ed that such covered property was disclosed to the Insurer.
 Employer Liability – This exclusion applies whethe r the Insured may be liable as an employer or in any other capacity, and to any obligation to share damages with or repay someone else who must pay damages because of such Bodily Injury.
 Insured’s Internal Expenses
 Insured’s Non-Compliance
 Insured vs. Insured
 Insured’s Professional Services – any professional services performed or rendered on behalf of the Insured, including but not limited to, medical services, recommendations, opinions and strategies rendered for architectural, consulting and engineering work, such as drawings, designs, maps, reports, surveys, change orders, plan specifications, assessment work, remedy selections site maintenance and equipment selection, and supervisory, inspection or engineering service.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 12 of 17 City of Merced
EXCLUSIONS (including
but not limited to, Cont.):

Coverage does not apply to any claim or loss from:
 Material Change In Use – This exclusion shall not a pply if the Insured submits prior written notice no less than thirty (30) days prior to such material change, and the Company appr oves such material change in an endorsement to this Policy issued within thirty (30) days of such notice.
 Non-Disclosure – does not apply to any Inadvertent ly Omitted Locations
 Nuclear or Radiological Material
 Property Damage to Conveyances
 War
 Workers Compensation, Unemployment, Social Securit y, Disability and Similar Laws
 Waste Processing, Treatment or Disposal – does not apply to waste disposal activities at a non-owned disposal site.  Airports – defined as any airport where enplanement occurs and/o cargo is moved for a fee and storage, transportation and the dispensing of fuel and/or de-icing solution operations are conducted. This exclusion shall not apply to passenger airports with less than 2,500 passenger boardings per year, or to the Santa Barbara Municipal Airport.
 Oil and/or Gas Operations – only applies to oil and /or gas producing and refining facilities
 Firearms, Explosives or Military Weapons
 Activity Use Limitation
 Landfill Closure, Post-Closure and Reclamation Cos ts – any closure, post closure or reclamation costs or obligations, including but not limited to any costs associated with landfill caps or gas or leachate systems. Does not apply to claims for Bodily Injury or Property Damage.
 Combined Sewer Overflow – defined as any discharge of stormwater and / or wastewater into any body of water, including surface water or groundwater, arising from a sewer system (including but not limited to sewer lines, pipes, pumping stations, appurtenances and treatment plants) that handles both wastewater and stormwater due to the volume of stormwater and / or wastewater exceeding the capacity of such sewer sys tem.  Commercial Ports – Any commercial port where ships load and unload cargo.
 Landfill
 Odor - Solely with respect to any Pollution Incide nt on, at, under or migrating from any location used (in whole or part) at any time (currently or historically) for the collection, treatment, recycling, management, incineration or disposal of waste materials, any Claim, in whole or part, due to or in any way associated with any odor; any Claim for Bodily Injury or Property Damage due to or associated with any gas or emissions that have migrated beyond the boundaries of a Covered Property; or any Claim for public or private nuisance due to or associated with any odor or any gas or emissions migration.
 Impoundments
 Engineering Controls / Operation and Maintenance ( O&M) Costs  Groundwater and Surface Water Monitoring Costs
 COVID-19
 Capital Improvement – Applies to all locations, al so applies to removal, replacement, repair or upgrade of an underground storage tank.
 Voluntary Site Investigation – Applies to all locations.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 13 of 17 City of Merced
 Expected or Intended Injury or Damage (Product Pol lution and Covered Operations only)
EXCLUSIONS (including
but not limited to, Cont.):
 Known Injury or Damage (Product Pollution and Cove red Operations only)
 Product Disposal (Product Pollution Only)
 Products as Waste (Product Pollution Only)
 Transportation (Product Pollution only)
 Damage to the Insured’s Product (Product Pollution Only)  Drinking Water Standards Exceedance (Product Pollu tion Only)  Material Change in Potable Water Supply Source (Pr oduct Pollution Only)
 Conveyance (Covered Operations only)
 Business Interruption (Covered Operations Only)
 Owned Property (Covered Operations Only)
 Damage to Your Work (Covered Operations Only)
 Any perfluorinated compound (PFC) or perfluoroalky l or polyfluoroalkyl substance, including but not limited to 10:2 fluorotelomer sulfonic acid (10:2 FTS); 11-chloroeicosafluoro-3- oxaundecane-1-sulfonic acid (11ClPF3OUdS); 2H,2H,3H ,3H- perfluorodecanoic acid (7:3 FTCA); 2H,2H,3H,3H-
perfluorohexanoic acid (3:3 FTCA); 2H,2H,3H,3Hperfluorooctanoic acid (5:3 FTCA); 4,8-dioxa-3H-perfluorononanoic aci d (ADONA); 4:2 fluorotelomer sulfonic acid (4:2 FTS); 6:2 fluorotelomer sulfonic acid (6:2 FTS); 8:2 fluorotelomer sulfonic acid (8:2 FTS); 9- chlorohexadecafluoro-3oxanonane-1-sulfonic acid (9C lPF3ONS); n-ethyl perfluorooctane sulfonamido ethanol (NEtFOSE);
hexafluoropropylene oxide dimer acid (HFPO-DA or Ge nX); n- methyl perfluorooctane sulfonamido ethanol (NMeFOSE ); n-ethyl perfluorooctanesulfonamidoacetic acid (NEtFOSAA); n-ethyl perfluorooctane sulfonamide (NEtFOSA); n-methyl
perfluorooctanesulfonamidoacetic acid (NMeFOSAA); n-methyl perfluorooctane sulfonamide (MeFOSA); nonafluoro3,6-
dioxaheptanoic acid (NFDHA); perfluoro(2-ethoxyetha ne) sulfonic acid (PFEESA); perfluoro-3-methoxypropanoic acid (P FMPA); perfluoro-4-methoxybutanoic acid (PFMBA); perfluorobutane sulfonic acid (PFBS); perfluorobutanoic acid (PFBA);
perfluorodecane sulfonic acid (PFDS); perfluorodecanoic acid (PFDA); perfluorododecanoic acid (PFDoA); perfluoroheptane sulfonic acid (PFHpS); perfluoroheptanoic acid (PFHpA); perfluorohexadecanoic acid (PFHxDA); perfluorohexan e sulfonic acid (PFHxS); perfluorohexanoic acid (PFHxA); perfluorononane sulfonic acid (PFNS); perfluorononanoic acid (PFNA);
perfluorooctadecanoic acid (PFODA); perfluorooctane sulfonamide (PFOSA); perfluorooctane sulfonic acid (PFOS); perf luorooctanoic acid (PFOA); perfluoropentane sulfonic acid (PFPeS);
perfluoropentanoic acid (PFPeA); perfluorotetradecanoic acid (PFTA); perfluorotridecanoic acid (PFTrDA); perfluoroundecanoic acid (PFUnA); perfluorodedecanesulfonic acid (PFDoS );
polytetrafluoroethylene (PTFE); 8:2 fluorotelomer unsaturated carboxylic acid (8:2 FTUCA) or 8:2 polyfluoroalkyl phosphate diester (8:2 diPAP), or any precursor chemicals. PFAS shall include: (i) any PFAS that falls within the structural definition set forth in 40 CFR 705.3, or any additions or amendments thereto; (ii) any anion forms, structural isomers or salts of PFAS associated with their corresponding acid forms, or any processing aids or residual materials contained therein; or (iii) any transformation or degradation compounds of PFAS. Further, PFAS shall also include aqueous film forming foam (AFFF) containing PFAS or any additives or component materials contained therein or degradation by-products thereof.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 14 of 17 City of Merced

DEDUCTIBLE: $ 250,000
$ 500,000
Each Pollution Incident After July 1, 2021
Each Pollution Incident Prior to July 1, 2021
Any payments for covered loss paid by other insurance shall also be applied against the deductible amount.

SPECIFIC
DEDUCTIBLES:
$ 250,000

$ 250,000
$ 250,000
$ 250,000
$ 350,000

$ 500,000
$ 500,000

*

Disinfection Event Expenses
Image Restoration Expenses
Products Pollution and Exposure Liability
Covered Operations
Mold Matter (*or $25,000 per room impacted, whichev er is greater, with a $2,500,000 maximum – a room is considered equal to 250 sq ft of floor space, education, healt hcare and hospitality locations only)
Legionella
Sewer Backup and Overcharge deductible
$ 250,000

$ 375,000
$ 500,000
$ 1,000,000
Underground Storage Tanks (less than 20 years old)
Underground Storage Tanks (20-30 years old)
Underground Storage Tanks (more than 30 years old)
Wildfire Deductible
5 Days
Business Interruption Waiting Period

CLAIMS REPORTING NOTICE

PLEASE NOTE THAT POLLUTION LIABILITY POLICIES CONTA IN EXTREMELY STRICT CLAIM REPORTING PROCEDURES. Below please find your policy specific claim reporting requirements - Please make sure you understand these obligations. Contact your Alliant Service Team with any questions.

THIS IS A CLAIMS MADE POLICY
This claims-made policy contains a requirement stat ing that this policy applies only to any claim first made against the Insured and reported to the insurer during the policy period or applicable extended reporting period. Claims must be submitte d to the insurer during the policy period, or applicable extended reporting period, as required pursuant to the Claims/Loss Notification Clause within the policy in order for coverage to apply. Late reporting or failure to report pursuant to the policy’s requirements could result in a disclaimer of coverage by the insurer.

2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 15 of 17 City of Merced

LOSS REPORTING
REQUIREMENTS:

Written notice of any claim or pollution condition, within seven (7) days of discovery for pollution conditions requiring immediate emergency response. Concurrently, please send to:

1) Ironshore Environmental Claims CSO
28 Liberty Street, 5th Floor
New York, NY 10005 Office
By phone via: 24 Hour Claims Phone Number (888) 292- 0249 FAX to: 646-826-6601
Email: [email protected]

2) Akbar Sharif
Alliant Insurance Services, Inc.
18100 Von Karman Avenue
10 th Floor
Irvine, CA 92612
949 260-5088
949 756-2713 – fax
[email protected]

NOTICE OF
CANCELLATION:

90 days except 10 days for non-payment of premium

REINSTATEMENT
PROVISIONS:

Not Provided

POLLUTION LIABILITY
COST:

Cost is included in Total Property Premium
100% Earned Premium at Inception

QUOTE VALID: July 1, 2026

BROKER: ALLIANT INSURANCE SERVICES, INC.

License No. 0C36861

NOTES:
• This Proposal is based on the current loss experienc e and is subject to change if this insured’s loss ratio deteriorates further and/or if the markets suffer a catastrophic event. • Coverage outlined in this Proposal is subject to the terms and conditions set forth in the policy.

• Please refer to Policy for specific terms, conditions and exclusions.

• Change in Total Insurable Values will result in adjustment in premium.

• Please refer to invoice for new lock box remittance for address and account information.

SUMMARY OF BOUND CHANGES
THE FOLLOWING ITEMS ARE CHANGES FOR THE 2026-2027 POLICY TERM 2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 16 of 17 City of Merced
Coverage 2025-2026 2026-2027 Changes
Pollution Liability
Policy Term July 1, 2025 to July 1,2026 July 1, 2026 to July 1, 2027 A.M. Best Insurance
Rating
A, Excellent, Financial Category XV
($2 Billion or greater)
Effective August 2, 2024
A, Excellent, Financial Category XV
($2 Billion or greater)
Effective September 10, 2025
Standard and Poors
Insurance Rating A (Strong) as of May 19, 2024 A (Strong) as of Apri l 15, 2026 Covered Property

1. PEPIP DEC 1 –
SOVs

2. PEPIP DEC 2 –
SOVs

3. PEPIP DEC 3 –
SOVs

4. PEPIP DEC 4 –
SOVs

5. PEPIP DEC 5 –
SOVs

6. PEPIP DEC 11 –
SOVs

7. PEPIP DEC 12 –
SOVs

8. PEPIP DEC 14 –
SOVs

9. PEPIP DEC 19 –
SOVs

10. PEPIP DEC 23 –
SOVs

11. PEPIP DEC 24 –
SOVs

12. PEPIP DEC 26 –
SOVs

13. PEPIP DEC 27 –
SOVs

14. PEPIP DEC 28 –
SOVs

15. PEPIP DEC 29 –
SOVs

16. PEPIP DEC 30 –
SOVs

17. PEPIP DEC 32 –
SOVs
(Excludes SPIP,
except as endorsed)

18. PEPIP DEC 33 –
SOVs

19. PEPIP DEC 34 –
SOVs

20. PEPIP DEC 35 –
SOVs

21. PEPIP DEC 96 –
SOVs
(Excluding HARPP
members)

1. PEPIP DEC 1 –
SOVs

2. PEPIP DEC 2 –
SOVs

3. PEPIP DEC 3 –
SOVs

4. PEPIP DEC 4 –
SOVs

5. PEPIP DEC 5 –
SOVs

6. PEPIP DEC 11 –
SOVs

7. PEPIP DEC 12 –
SOVs

8. PEPIP DEC 14 –
SOVs

9. PEPIP DEC 19 –
SOVs

10. PEPIP DEC 23 –
SOVs

11. PEPIP DEC 24 –
SOVs

12. PEPIP DEC 26 –
SOVs

13. PEPIP DEC 27 –
SOVs

14. PEPIP DEC 28 –
SOVs

15. PEPIP DEC 29 –
SOVs

16. PEPIP DEC 30 –
SOVs

17. PEPIP DEC 32 –
SOVs
(Excludes SPIP, except as
endorsed)

18. PEPIP DEC 33 –
SOVs

19. PEPIP DEC 34 –
SOVs

20. PEPIP DEC 35 –
SOVs

21. PEPIP DEC 39 –
SOVs

22. PEPIP DEC 96 –
SOVs
(Excluding HARPP
members)
Covered locations are defined as any real property
owned, leased, rented, operated or occupied by
the Insured as of Policy Inception, including, but
not limited to, any subsurface potable water,
wastewater or storm water pipelines to or from a
Covered Location provided that such pipelines are
located within a one thousand (1,000) foot radius
of such Covered Location. Also includes any roads
including, but not limited to, any alleys, streets or
bridges owned or operated by the Insured, any
vacant land, including any parks, open spaces,
easements or rights-of-way owned or operated by
the Insured any location scheduled to this policy by
endorsement.

Covered locations are defined as any real property
owned, leased, rented, operated or occupied by the
Insured as of Policy Inception, including, but not
limited to, any subsurface potable water, wastewater
or storm water pipelines including any appurtenances
that are attached to or part of the pipeline network,
owned or operated by a Named Insured, within a one
thousand (1,000) foot radius of such Covered
Property. Also includes any roads including, but not
limited to, any alleys, streets or bridges owned or
operated by the Insured, any vacant land, including
any parks, open spaces, easements or rights-of-way
owned or operated by the Insured any location
scheduled to this policy by endorsement.

Coverages & Limits

$2,000,000 Per JPA/Pool Aggregate $2,000,000 Per JPA/Pool Aggregate – Including All Members

SUMMARY OF BOUND CHANGES
THE FOLLOWING ITEMS ARE CHANGES FOR THE 2026-2027 POLICY TERM 2026-2027 Alliant Property Insurance Program (APIP) Pollution Liability Proposal Page 17 of 17 City of Merced
Coverage 2025-2026 2026-2027 Changes

Legal Costs <Not Applicable> $1,000,000 Aggregate Legal Costs Outside of and in Addition to the Policy Limits
Specific Coverage
Provisions
Automatic Acquisition – Automatic coverage for
mid-term real property additions, upon the closing
date of such acquisition, or the effective date of
such lease, management, rental or occupation right
or obligation, respectively, for no additional
premium. Notice must be provided to the Insurer
within 365 days, along with any supporting
documentation reasonably requested by the
underwriter. To the extent that the Insured has a
Phase I Environmental Assessment (“Phase I”) for
such acquired real property, a copy must be
provided to the Insurer’s underwriter, unless the
acquired real property is leased, managed or
rented.

Automatic Acquisition – Automatic coverage for mid-
term real property additions, upon the closing date of
such acquisition, or the effective date of such lease,
management, rental or occupation right or obligation,
respectively, for no additional premium. Notice must
be provided to the Insurer within 365 days, along with
any supporting documentation reasonably requested
by the underwriter.
<Not Applicable>
To add new members to the program or new sub-
members to existing program members, a current
statement of values is required for the new member or
sub-member and is subject to an additional premium
of $0.00102 per $100 of Total Insurable Values, pro-
rated, with a minimum premium of $450.

Coverage is limited for Coverages A, B and D to
Sudden and Accidental only for the Santa Barbara
Municipal Airport. The pollution incident giving rise
to such Remediation Expenses or Business
Interruption Expenses and Extra Expenses must be
discovered by the Insured during the policy period
and within fifteen (15) days of commencement, the
Pollution Incident is demonstrable as commencing
on a specific date, and must be reported to the
Insurer in writing during the policy period and no
later than forty-five (45) days following the
discovery of such Pollution Incident.

Coverage is limited for Coverages A, B and D to
Sudden and Accidental only for the Santa Barbara
Municipal Airport. The pollution incident giving rise to such Remediation Expenses or Business Interruption
Expenses and Extra Expenses must be discovered by
the Insured during the policy period and within thirty
(30) days of commencement, the Pollution Incident is
demonstrable as commencing on a specific date, and
must be reported to the Insurer in writing during the
policy period and no later than ninety (90) days
following the discovery of such Pollution Incident.

Blanket Underground Storage Tank coverage
included, with a deductible of $500,000 for storage
tanks less than twenty years old, a deductible of
$375,000 for storage tanks between twenty and
thirty years old, and a deductible of $500,000 for
storage tanks which are thirty years old or older.

Note: Does not meet financial assurance
requirements.

Blanket Underground Storage Tank coverage
included, with a deductible of $250,000 for storage
tanks less than twenty years old, a deductible of
$375,000 for storage tanks between twenty and thirty
years old, and a deductible of $500,000 for storage
tanks which are thirty years old or older. Note: Does
not meet financial assurance requirements.

Last Updated: May 2022 Alliant Insurance Services, Inc. | www.alliant.com | CA License No. 0C36861 Page 1

ALLIANT INSURANCE SERVICES

POLICYHOLDER DISCLOSURE

NOTICE OF TERRORISM

INSURANCE COVERAGE

June 3, 2026

Named Insured: City of Merced

We are required to send you this notice pursuant to federal legislation concerning terrorism insurance. The below is for TRIA coverage as issued by the United States of America and is not tied to or representat ive of the Terrorism coverage offered in our property insurance program.

You are hereby notified that under the Terrorism Ri sk Insurance Act, as amended, you have a right to purchase insurance coverage for losses resulting from acts of terrorism. As defined in Section 102(1) of the Act : The term “act of terrorism” means any act or acts that are certified by the Secretary of the Treasury—in consultation with the Secretary of Home land Security, and the Attorney General of the United States—to be an act of terrorism; to be a vi olent act or an act that is dangerous to human life , property, or infrastructure; to have resulted in da mage within the United States, or outside the Unite d States in the case of certain air carriers or vesse ls or the premises of a United States mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion.

YOU SHOULD KNOW THAT WHERE COVERAGE IS PROVIDED BY THIS POLICY FOR LOSSES

RESULTING FROM CERTIFIED ACTS OF TERRORISM, SUCH LO SSES MAY BE PARTIALLY

REIMBURSED BY THE UNITED STATES GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. HOWEVER, YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS WHICH MIGHT AFFECT YOUR COVERAGE, SUCH AS AN EXCLUSION FOR NUCL EAR EVENTS. UNDER THE FORMULA, THE UNITED STATES GOVERNMENT GENERALLY REI MBURSES 80% BEGINNING ON JANUARY 1, 2020, OF COVERED TERRORISM LOSSES EXC EEDING THE STATUTORILY

ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPAN Y PROVIDING THE COVERAGE. THE PREMIUM CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES

NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS THA T MAY BE COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT.

YOU SHOULD ALSO KNOW THAT THE TERRORISM RISK INSURA NCE ACT, AS AMENDED, CONTAINS A $100 BILLION CAP THAT LIMITS U.S. GOVERN MENT REIMBURSEMENT AS WELL AS INSURERS’ LIABILITY FOR LOSSES RESULTING FROM CE RTIFIED ACTS OF TERRORISM WHEN THE AMOUNT OF SUCH LOSSES IN ANY ONE CALENDAR YEAR EXCEEDS $100 BILLION.

IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EX CEED $100 BILLION, YOUR COVERAGE MAY BE REDUCED.

THE PREMIUM CHARGED FOR THIS COVERAGE CAN BE REQUES TED BELOW AND WILL NOT

INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT.

Last Updated: May 2022 Alliant Insurance Services, Inc. | www.alliant.com | CA License No. 0C36861 Page 2

SELECTION OR REJECTION OF THE TERRORISM RISK INSURAN CE ACT, as AMENDED (A.K.A.: TRIA, TRIEA, TRIPRA, TRIP OR TRIPA. We ref er to these collectively as “TRIA”.)

THIS COVERAGE IS OUTSIDE OF THE PROGRAM’S TERRORISM COVERAGES AND LIMITS. IT IS PROVIDED AND OVERSEEN BY THE U.S. GOVERNMENT.

THIS COVERAGE IS CONSIDERED RESTRICTIVE COMPARED TO THE APIP TERRORISM LIMITS AND COVERAGES AVAILABLE. THIS ACT DOES NOT FOLLOW O UR PROGRAM’S TERRORISM POLICIES.

HOWEVER, IF YOU’D LIKE A QUOTE FOR TRIA COVERAGE, P LEASE CHECK THE “I AM INTERESTED” BOX. OTHERWISE, PLEASE CHECK THE “DECLIN E” BOX. YOUR SIGNATURE FOR CONFIRMATION OF RECEIPT IS REQUIRED. ANY QUESTIONS PLEASE CALL YOUR ALLIANT SERVICE TEAM MEMBER.

I am interested in receiving a quote for Terrorism Risk Insurance Act coverage as required by law to be offered under the last amended Act. Please provide a quote.

I hereby decline to purchase Terrorism Risk Insuran ce Act coverage as required by law to be offered under the last amended Act.

___________________________________________________ __
Policyholder/applicant signature

___________________________________________________ ___ ___________ Print Name Date

City of Merced

Last Updated: May 2023 Alliant Insurance Services, Inc. | www.alliant.com | CA License No. 0C36861 Page 1 Disclosures / Disclaimers

This proposal of insurance is provided as a matter of convenience and information only. All informati on included in this proposal, including but not limited to personal and real property values, locations, operations, produ cts, data, automobile schedules, financial data and loss experience, is based on facts and representations supplied to Alliant Insurance Services, Inc. by you. This proposal does not reflect any independent study or investigation by Alliant Insurance Services, Inc. or its agents and employees.

Please be advised that this proposal is also expres sly conditioned on there being no material change i n the risk between the date of this proposal and the inception date of the proposed policy (including the occurrence of a ny claim or notice of circumstances that may give rise to a claim under any policy which the policy being proposed is a renewal or replacement).

In the event of such change of risk, the insurer ma y, at its sole discretion, modify, or withdraw this proposal, whether or
not this offer has already been accepted.

This proposal is not confirmation of insurance and does not add to, extend, amend, change, or alter an y coverage in any actual policy of insurance you may have. All exist ing policy terms, conditions, exclusions, and limit ations apply. For specific information regarding your insurance cover age, please refer to the policy itself. Alliant In surance Services, Inc. will not be liable for any claims arising from or related to information included in or omitted from this proposal of insurance.

Alliant embraces a policy of transparency with resp ect to its compensation from insurance transactions . Details on our compensation policy, including the types of income that Alliant may earn on a placement, are available on our website at www.alliant.com . For a copy of our policy or for any inquiries regar ding compensation issues pertaining to your account you may also contact us at: Alliant Insurance Servi ces, Inc., Attention: General Counsel, 701 B Street , 6th Floor, San Diego, CA 92101.

Analyzing insurers' over-all performance and financ ial strength is a task that requires specialized sk ills and in-depth technical understanding of all aspects of insurance company finances and operations. Insurance brokera ges such as Alliant Insurance typically rely upon rating agenci es for this type of market analysis. Both A.M. Best and Standard and Poor's have been industry leaders in this area for many decades, utilizing a combination of quantitati ve and qualitative analysis of the information available in formulating their ratings.

A.M. Best has an extensive database of nearly 6,000 Life/Health, Property Casualty and International companies. You can visit them at www.AmBest.com . For additional information regarding insurer financ ial strength ratings visit Standard and Poor's website at www.standardandpoors.com .

Our goal is to procure insurance for you with under writers possessing the financial strength to perfor m. Alliant does not, however, guarantee the solvency of any underwriters with which insurance or reinsurance is placed and maintains no responsibility for any loss or damage arising from the financial failure or insolvency of any insurer. We encourage you to review the publicly available information collected to enable you to make an informed decision to acce pt or reject a particular underwriter. To learn more about compan ies doing business in your state, visit the Departm ent of Insurance website for that state.

New York Regulation 194 and General Broker Compensation Disclosure Alliant Insurance Services, Inc. is an insurance pr oducer licensed by the State of New York and other States. Insurance producers are authorized by their license to confer with insurance purchasers about the benefits, term s and conditions of insurance contracts; to offer advice concerning the substantive benefits of particular insurance contracts; to sell insurance; and to obtain insurance for purchasers. The role of the producer in any particular transaction typically involves one or more of these activities.

Compensation will be paid to the producer, based on the insurance contract the producer sells. Depend ing on the insurer(s) and insurance contract(s) the purchaser selects, compensation will be paid by the insurer(s) selling the insurance contract or by another third party. Such compensation may vary depending on a number of factors, including the insurance contract(s) and the insurer(s) the pu rchaser selects. In some cases, other factors such as the volume of business a producer provides to an insurer or the profitability of insurance contracts a producer provides to an insurer also may affect compensation.

Last Updated: May 2023 Alliant Insurance Services, Inc. | www.alliant.com | CA License No. 0C36861 Page 2

Disclosures / Disclaimers Cont.

The insurance purchaser may obtain information abou t compensation expected to be received by the produ cer based in whole or in part on the sale of insurance to the purchaser, and (if applicable) compensation expected to be received based in whole or in part on any alternative quotes prese nted to the purchaser by the producer, by requestin g such information from the producer.

Declaration Limit Disclosure
Unless stated otherwise, coverage limits of liability and sub-limits of liability are shared across the Named Insured(s) designated in a single Declaration. Exceptions include:

 Terrorism coverage, if purchased by a specific Nam ed Insured, is provided on a combined basis with a sub-limit of liability that is shared across Named Insureds covered under multiple relevant Declarations.

 Flood and Earthquake sub-limits of liability, if p urchased by a specific Named Insured and except as indicated below, are dedicated by Named Insured and cannot be reduced by losses sustained by other Named Insured s.

If a single Occurrence causes direct physical loss or damage to property of multiple Named Insureds covered by the same Declaration (or all relevant Declarations as respects Terrorism coverage), it is possible that the applicable shared limit of liability or sub-limit of liability may be insufficient to fully indemnify the physical loss or damage as sustained by multiple Named Insureds.

In the event of a loss or accumulation of losses whereby the amount of loss exceeds the applicable sha red limit of liability or sub-limit of liability, the recovery available will be allocated on a proportional basis among individual Named Insureds under the same Declaration (or all relevant Declarations as respects Terrorism coverage). This allocation applies until exhaustion of limits on a per Occurrence basis and on an Annual Aggregate basis (if applicable). If a Named Insured’s claim reporting is delayed, such Na med Insured’s recovery may be reduced or eliminated.

Furthermore, any Annual Aggregate limit of liability or sub-limit that is shared across all Named Insureds covered under a particular Declaration (or all relevant Declarations as respects Terrorism coverage) may be reduced or exhausted by the prior payment of claims arising out of separate Occ urrences in the same Policy Period. As a result, it is possible that there may be no remaining limit available to pay a specific Named Insured’s claim under the Policy.

To the extent covered, the Annual Aggregate limits are as follows:
 Accidental Contamination
 Mold/Fungus Resultant Damage
 Terrorism
 Flood and Earthquake damage to Licensed Vehicles, Unlicensed Vehicles, Contractor’s Equipment and Fin e Arts for Named Insured(s) that do not purchase optional dedicated Earthquake or Flood coverage Privacy
At Alliant, one of our top priorities is making sure that the information we have about you is protected and secure. We value our relationship with you and work hard to preserve your privacy and ensure that your preferences are honored. At the same time, the very nature of our relationship may result in Alliant’s collecting or sharing certain types of information about you in order to provide the products and serv ices you expect from us. Please take the time to read our full Privacy Policy posted at www.alliant.com , and contact your Alliant service team should you h ave any questions.

FATCA
The Foreign Account Tax Compliance Act (FATCA) requ ires the notification of certain financial accounts to the United States Internal Revenue Service. Alliant does not provide tax advice so please contact your tax consultant for your obligation regarding FATCA.

Last Updated: May 2023 Alliant Insurance Services, Inc. | www.alliant.com | CA License No. 0C36861 Page 3 Disclosures / Disclaimers Cont.

NRRA
(Applicable if the insurance company is non-admitted)
The Non-Admitted and Reinsurance Reform Act (NRRA) went into effect on July 21, 2011. Accordingly, surplus lines tax rates and regulations are subject to change which could result in an increase or decrease of the total surplus lines taxes and/or fees owed on this placement. If a change is required, we will promptly notify you. Any additional taxes and/or fees must be promptly remitted to Alliant Insurance Services, Inc.

Changes and Developments
It is important that we be advised of any changes in your operations, which may have a bearing on the validity and/or adequacy of your insurance. The types of changes that concern us include, but are not limited to, those listed below:

 Mergers and/or acquisition and any change in busin ess ownership, including percentages.  Any newly assumed contractual liability, granting of indemnities or hold harmless agreements.  Any changes in existing premises including vacancy , whether temporary or permanent, alterations, demolition, etc. Also, any new premises either purchased, constructed or occupied  Circumstances which may require an increased liabi lity insurance limit.  Any changes in fire or theft protection such as th e installation of or disconnection of sprinkler sys tems, burglar alarms, etc. This includes any alterations to the system.  Immediate notification of any changes to a schedul ed of equipment, property, vehicles, electronic dat a processing, etc.
 Property of yours that is in transit, unless previ ously discussed and/or currently insured.

Loss Notification Requirements:

Your policy will come with specific claim reporting requirements. Please make sure your organization understands these obligations and time limitations which are outlined in the attached Loss Notification documents. Cont act your Alliant Service Team with any questions.

Last Updated: May 2023 Alliant Insurance Services, Inc. | www.alliant.com | CA License No. 0C36861 Page 4 Binding Requirements Recap
Required with Binding Request:
 Signed and dated Request to Bind Coverage form (be low)  Signed and dated Surplus Lines forms as required b y your state and attached to this proposal*  Signed and dated APIP Claims Reporting Acknowledge ment(s) Receipt Form  Signed and dated Terrorism Risk Insurance ACT

*- only required for coverage in the following states: AR, CA, CT, FL, KS, MA, MT, NE, NY, ND, OH, RI, WV, WY Request to Bind Coverage

City of Merced

We have reviewed the proposal and agree to the term s and conditions of the coverages presented.

This Authorization to Bind Coverage also acknowledg es receipt and review of all disclaimers, disclosures, and loss notification requirements including exposures used to develop insurance terms, contained within this proposal.

X

Signature of Authorized Insured Representative Date

Title

Print / Type Insured Representative Full Name

This proposal does not constitute a binder of insurance. Binding is subject to final carrier approval . The actual terms and conditions of the policy will prevail.

LOSS NOTIFICATION REQUIREMENT

ALLIANT PROPERTY INSURANCE PROGRAM (APIP)

Claim notifications need to be sent to Robert Frey, Diana Walizada and Sandra Doig. In the event this is a Cyber loss please include item III contact, for a Pollution loss please include item IV contact in addition to Alliant Insurance Services contacts .

I. During regular business hours (between 8:30 AM a nd 5:00 PM PST), First Notice of Claim should be reported to Alliant Insurance Services via telephone, fax, mail or e-mail to our San Francisco Office:

Robert A. Frey, RPA Diana L. Walizada, AIC, CPIW, RPA, AINS Senior Vice President,
Regional Claims Director
Vice President, Claims Unit Manager
Voice: (415) 403-1445 Voice:(415)403 -1453
Email: [email protected] Email: [email protected]

Address: Alliant Insurance Services, Inc.
560 Mission Street, 6 th Floor
San Francisco CA 94105
Toll Free Voice: (877) 725-7695 Fax: (415) 403-1 466

II. Please be sure to include APIP’s Claim Administ rator as a CC on all Claims correspondence:

Sandra Doig
McLaren’s Global Claims Services
Address: 18100 Von Karman Avenue, 10 th Floor
Irvine, CA 92612
Voice: (949) 757-1413 Fax: (949) 757-1692
Email:
[email protected]

III. Cyber Liability Carrier Beazley NY needs to al so be provided with Notice of Claim immediately (if purchased):

Beazley Group
Address: 45 Rockefeller Plaza, 16 th Floor
New York, NY 10111
Toll Free 24-Hour Hotline: (866) 567-8570
Email:
[email protected]

Donna Peterson, E-mail:
[email protected]
Address: 560 Mission Street, 6 th Floor
San Francisco, CA 94105
Voice: (415) 403-1458 Fax: (415) 403-1466

IV. Pollution Liability Carrier Ironshore Specialty Insurance Company (if purchased):

Ironshore Environmental Claims CSO
Address: 28 Liberty Street, 5th Floor
New York, NY 10005
In emergency call: (888) 292-0249
Fax: (646) 826-6601
Email:

[email protected]

Akbar Sharif
Claims Advocate
Address: 18100 Von Karman Avenue, 10 th Floor
Irvine, CA 92612
Voice: (949) 260-5088 Fax: (415) 403-1466
Email:
[email protected]

Please include the Insured /JPA name along with the following information when reporting claims:
 Time, date and specific location of property damag ed  A description of the incident that caused the dama ge (such as fire, theft or water damage)  Estimated amount of loss in dollars
 Contact person for claim including name, title, vo ice & fax numbers  Complete and return the Property Loss Notice for p rocessing.  Mortgagee or Loss Payee name, address, and account number

APIP Claims Reporting Acknowledgement(s) Receipt Form
The Claims Reporting Forms are being included with your packet to ensure claims reporting procedures a re known and available for future reference. Please review the i nformation. We ask that you share these critical documents with all members of your team (and Pool Members and their staffs where applicable.)

We request that you review the items indicated as a ttached, then complete the bottom portion, sign and submit to your
Alliant Insurance Services representative either by a scanned e-mail or mail to have it be included in your insurance records.

 APIP Property Claims Reporting

 Cyber Claims Reporting ( this is a claims made and reported policy ) if coverage is purchased

 Pollution Liability Claims Reporting ( this is a claims made and reported policy ) if coverage is purchased

Acknowledgement for Claims reporting procedures under Alliant Property Insurance Programs In
effect: July 1, 2026 until further notice

I have read and been informed about these separate reporting requirements under the coverage parts that apply to our entity as indicated above and provided through APIP by Alliant.

Insured Entity Name: City of Merced

X
Signature of Authorized Insured Representative

Title Date

Print / Type Insured Representative Full Name:

Applicable in Arizona

For your protection, Arizona law requires the follo wing statement to appear on this form. Any person w ho knowingly presents a false or fraudulent claim for payment of a loss is subject to criminal and civil penalties.

Applicable in Arkansas, Delaware, District of Colum bia, Kentucky, Louisiana, Maine, Michigan, New Jersey, New Mexico, New York, North D akota, Pennsylvania, South Dakota, Tennessee, Texas, Virginia and West Virgini a

Any person who knowingly and with intent to defraud any insurance company or another person, files a s tatement of claim containing any materially false information, or conceals for the purpose of misleading, informat ion concerning any fact, material thereto, commits a fraudulent in surance act, which is a crime, subject to criminal prosecution and [NY: substantial] civil penalties. In DC, LA, ME, TN and VA, insurance benefits may also be denied.

Applicable in California

For your protection, California law requires the fo llowing to appear on this form: Any person who kno wingly presents a false or fraudulent claim for payment of a loss is guilty of a crime and may be subject to fines and c onfinement in state prison.

Applicable in Colorado

It is unlawful to knowingly provide false, incomple te, or misleading facts or information to an insura nce company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fi nes, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly pro vides false, incomplete, or misleading facts or informati on to a policy holder or claimant for the purpose o f defrauding or attempting to defraud the policy holder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insur ance within the Department of Regulatory Agencies.

Applicable in Florida and Idaho

Any person who Knowingly and with the intent to injure, Defraud, or Deceive any Insurance Compa ny Files a Statement of Claim Containing any False, Incomplete or Misleading information is Guilty of a Felony.* * In Florida - Third Degree Felony

Applicable in Hawaii

For your protection, Hawaii law requires you to be informed that presenting a fraudulent claim for pay ment of a loss or benefit is a crime punishable by fines or imprisonm ent, or both.

Applicable in Indiana

A person who knowingly and with intent to def raud an insurer files a statement of claim con taining any false, incomplete, or misleading information commits a fel ony.

Applicable in Minnesota

A person who files a claim with intent to defraud o r helps commit a fraud against an insurer is guilty of a crime.

Applicable in Nevada

Pursuant to NRS 686A.291, any person who knowingly and willfully files a statement of claim that conta ins any false, incomplete or misleading information concerning a m aterial fact is guilty of a felony.

Applicable in New Hampshire

Any person who, with purpose to injure, defraud or deceive any insurance company, files a statement of claim containing any false, incomplete or misleading information is subject to prosecution and punishment for insurance fraud, as provided in RSA 638:20.

Applicable in Ohio

Any person who, with intent to defraud or knowing t hat he/she is facilitating a fraud against an insur er, submits an application or files a claim containing a false or deceptive st atement is guilty of insurance fraud.

Applicable in Oklahoma

WARNING: Any person who knowingly and with intent t o injure, defraud or deceive any insurer, makes any claim for the proceeds of an insurance policy containing any false, incomplete or misleading information is guil ty of a felony.

ACORD 1 (2006/02)

IN THE EVENT OF A

PROPERTY LOSS:
1) Follow your organization procedures for reporting and responding to an incident 2) Alert local emergency authorities, as appropriate
3) Report the incident to Alliant Insurance Services immediately at:
877-725-7695
All property losses must be reported as soon as
practicable upon knowledge within the risk management or finance division of the insured that a loss has occurred.

Be prepared to give basic information about the loc ation and nature of the incident, as well as steps which have been taken in response to the incident. 4) Report the incident to McLarens Global Claims Services AND your Alliant representative

PROPERTY FIRST NOTICE OF LOSS FORM

SEND TO: Alliant Insurance Services, Inc.

BY MAIL: 560 Mission Street, 6
th Floor, San Francisco, CA 94105
BY FAX: (415) 403-1466
BY EMAIL:
[email protected] AND [email protected]
Carbon Copy APIP Claims Administrator: [email protected] and your Alliant representative

Today’s Date: _________________
Type of Claim: (check all that apply)

Insured’s Name & Contact Information

Insured’s Name: Point of Contact:

Address:

Phone #: Email Address:

Broker/Agent’s Name & Contact Information
Company Name: Alliant Insurance Services - Claims Point of Contact: Robert A. Frey & Diana L. Walizada Address: 560 Mission Street, 6 th Floor, San Francisco, CA 94105_____________________ ___________ Phone #: 877-725-7695 Fax #: 415-403-1466
Policy Information
Reference Number:_APIP2026 (Dec 02)________________ Policy Period: July 1, 2026- July 1, 2027 Limits of Liability: _______________per___________a gg Self-Insured Retention/Deductible: _____________ Loss Information
Date of Incident/Claim: _____________ Location:__ ________________________________________________ Description of Loss: ______________________________ _____________________________________________ ___________________________________________________ __________________________________________ Please list all attached or enclosed documentation: (check if none provided) _________________________ _ ___________________________________________________ __________________________________________

Name of Person Completing This Form: Signature:

Per the Master Policy Wording, Section IV General Conditions;

L. NOTICE OF LOSS

In the event of loss or damage insured against under this Policy, the Insured shall give notice thereof to ALLIANT INSURANCE SERVICES, INC., 560 Mission Street, 6 th Floor, San Francisco, CA 94105.

TEL NO. (877) 725-7695, FAX NO. (415) 403-1466 of such loss. Such notice is to be made as soon as practicable after the inception of loss.

Real Property Vehicles

Personal Property Other

IN THE EVENT OF A

CYBER LOSS:

1) Follow your organizations procedures for reporting and responding to an incident

2) Alert authorities, as appropriate

3) Report the incident to Beazley Group immediately at:

[email protected]

(866)567-8570

All Cyber losses must be reported as soon as practicable upon knowledge by the insured that a loss has occurred.

Be prepared to give basic information about the loc ation and nature of the incident, as well as steps which have been taken in response to the incident.

4) Report the incident to Alliant Claims Department and your Alliant representative

SPECIAL NOTE REGARDING PRIVACY NOTIFICATION COSTS:

The policy provides a $500,000 Aggregate Limit for Privacy Notification Costs. If you utilize a Beazley vendor, the limit is increased to $1,000,000.

Please contact Beazley for a list of approved vendors.

CYBER FIRST NOTICE OF LOSS FORM

Today’s Date:

Insured’s Name & Contact Information

Insured’s Name: Point of Contact:

Address:

Phone #: Email Address:

Broker/Agent’s Name & Contact Information

Company Name: Alliant Insurance Services – Claims Point of Contact: Donna Peterson

Address: 560 Mission Street, 6
th Floor, San Francisco, CA 94105

Phone #: 877-725-7695 Fax #:415-403-1466

Policy Information

Policy Number: Policy Period: July 1, 2026- July 1, 2027

Limits of Liability: per agg Self-Insured Retention/Deductible

Loss Information

Date of Incident/Claim: Location:

Description of Loss:

Please list all attached or enclosed documentation:
(check if none provided)

Name of Person Completing This Form: Signature:

SEND TO: Beazley Group
BY MAIL: 45 Rockefeller Plaza, 16
th Floor, New York, NY 10111
BY FAX: (546) 378-4039
BY EMAIL:
[email protected]

CC Alliant Claims Department:

[email protected] and your Alliant representative

A. NOTICE OF CLAIM, LOSS OR CIRCUMSTANCE THAT MIGHT LEAD TO A CLAIM

1. If any Claim is made against the Insured , the Insured shall, as soon as practicable upon knowledge by the Insured , forward to the Underwriters through persons named in Item 9.A. of the Declarations written notice of such Claim in the form of a telecopy, or express or certified mail together with every demand, notice, summons or other process received by the Insured or the Insured’s representative; provided that with regard to coverage provided under Insuring Agreements I.A. and I.C., all Claims made against any Insured must be reported no later than the end of the Policy Period , in accordance with the requirements of the Optional Extension Period (if applicable), or within thirty (30) days after the expiration date of the Policy Period in the case of Claims first made against the Insured during the last thirty (30) days of the Policy Period .

2. With respect to Insuring Agreement I.B. for a l egal obligation to comply with a Breach Notice Law because of an incident (or reasonably suspected incident) described in Insuring Clause I.A.1 or I.A.2, such incident or reasonably suspected incident must be reported as soon as practicable during the Policy Period after discovery by the Insured. For such incidents or suspected incidents discovered by the Insured within 60 days prior to expiration of the Policy, such incident shall be reported as soon as practicable, but in no event later than 60 days after the end the Policy Period , provided; if this Policy is renewed by Underwriters and covered Privacy Notification Costs are incurred because of such incident or suspected incident reported during the 60 day post Policy Period reporting period, then any subsequent Claim arising out of such incident or suspected incident is deemed to have been made during the Policy Period .

3. With respect to Insuring Agreements I.A. and I. C., if during the Policy Period , the Insured first becomes aware of any circumstance that could reasonably be the basis for a Claim it may give written notice to Underwriters in the form of a telecopy, or express or certified mail through persons named in Item 9.A. of the Declarations as soon as practicable during the Policy Period of:

a. the specific details of the act, error, omissio n, or Security Breach that could reasonably be the basis for a Claim ;
b. the injury or damage which may result or has re sulted from the circumstance; and c. the facts by which the Insured first became aware of the act, error, omission or Security Breach

Any subsequent Claim made against the Insured arising out of such circumstance which is the subject of the written notice will be deemed to have been made at the time written notice complying with the abov e requirements was first given to the Underwriters.

4. A Claim or legal obligation under section X.A.1 or X.A.2 above shall be considered to be reported to the Underwriters when written notice is first received by Underwriters in the form of a telecopy, or express or certified mail or email through persons named in Item 9.A. of the Declarations of the Claim or legal obligation, or of an act, error, or omission, which could reasonably be expected to give rise to a Claim if provided in compliance with sub-paragraph X.A.3. ab ove.

POLLUTION LIABILITY

IN THE EVENT OF AN

ENVIRONMENTAL EMERGENCY:

1) Follow your organization procedures for reporting and responding to an incident

2) Alert local emergency authorities, as appropriate

3) Report the incident immediately at:

888-292-0249

4] Report the incident to Alliant

Akbar Sharif
Claims Advocate
949-260-5088
415-403-1466 – fax

[email protected]

Be prepared to give basic information about the loc ation and nature of the incident, as well as steps which have been taken in response to the incident.

DO follow your organization’s detailed response plan
DO contact your management as well as appropriate authorities DO ensure anyone who could come in contact with a spill or release is kept away

DO NOT ignore a potential spill or leak
DO NOT attempt to respond beyond your level of training or certification

Today’s Date:

Notice of: (check all that apply)
Pollution Incident Potential Claim Other
Third-Party Claim Litigation Initiated
Insured’s Name & Contact Information
Company Name: Point of Contact:

Address:

Phone #: Email Address:

Broker/Agent’s Name & Contact Information
Company Name: Alliant Insurance Services - Claims Point of Contact: Akbar Sharif Address: 18100 Von Karman Ave., 10 th Floor, Irvine, CA 92612 Phone #: 949-260-5088
Policy Information
Policy Number: Policy Period: July 1, 2026- July 1, 2027 Limits of Liability: per agg. Self-Insured Retention/Deductible Loss Information
Date of Incident/Claim: Location:

Claimant Name/Address:

Description of Loss:

Please list all attached or enclosed documentation: (check if none provided)

Name of Person Completing This Form: Signature:

SEND TO: IRONSHORE ENVIRONMENTAL CLAIMS CSO
BY MAIL: 28 Liberty Street, 5th Floor, New York, NY 10005 BY PHONE: (888) 292-0249
BY FAX: (646) 826-6601
BY EMAIL:

[email protected]

CC Alliant Insurance: [email protected] and your Alliant Representative