Who re-insures the Pools?
Property is covered under blanket replacement cost with a pool limit of $250 million for any one occurrence. Crime is covered with a $250,000 limit. The pool retention is $250,000 for any one occurrence. Equipment coverage is placed outside of the pool. Workers Compensation is covered to statutory limits with the pools retention of $750,000 and additional coverage provided by County Reinsurance Limited and AIG. General and Automobile Liability is covered at a $2,000,000 limit with optional additional limits. The pool retains $500,000 of any one occurrence additional with reinsurance provide by County Reinsurance Limited and AIG. Employee Benefits are covered with an annual unlimited benefit amount. The pool retains $250,000 of any claim with reinsurance provided by Symetra.
