Laserfiche WebLink
The Pittsburg & Midway Coal Mining Co. III IIIIII~IIIIII III <br />~M A Chevron Company <br />6400 SoNh Fiddler's Green Grcle, Englewood, 0080111 • Phone (303) 930.3600 • Fax (303) 930.4204 <br />Mail Address: P.O. Box 6518, Englewood, CO 60155$518 ~ <br />!'; ., <br />Mike Campbell - "~ , '~^ ~-~ <br />Unit Manager <br />°n"'°n"~'~ ~°'"°"'"" = EB 14 1991 <br />February 13, 1992 -._,. rb1m.~~+iand <br />Mr. Fred Banta, Director <br />Colorado Mined Land Reclamation Division <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Dear Mr. Banta: <br />This letter explains a change in P&M's Certificate of Liability Insurance (CLI) coverage for <br />operations at the Edna Mine. P&M has significantly increased its liability coverage to satisfy <br />regulatory concerns with using amulti-state insurance policy. This increased liability will be <br />reflected on the CLI forms upon renewal in March. <br />The Office of Surface Mining Reclamation & Enforcement (OSM) has questioned the adequacy of <br />P&M's liability instrance coverage. The OSM believes that P&M's multi-state policy does not <br />have sufficient instrance to cover claims that may occur at two or more operations. P&M <br />disagrees with the OSM's contention; the Company has always maintained adequate insurance <br />coverage. However, to satisfy the OSM's concerns, P&M is increasing its liability coverage. This <br />change will be reflected on the March 1, 1992 renewed CLI forrrts. <br />Liability insurance coverage of at least $300,000 per occurrence and $500,000 aggregate is <br />required in the states where P&M has operations. P&M's renewed CLI forms will have a general <br />liability policy and an excess liability policy. The total liability of these two multi-state policies will <br />be $4.5 million per occurrence and $7.5 million aggregate. This should provide overall liability <br />coverage to insttre 15 operations in six states. <br />Enclosed is a sheet which summarizes P&M's mold-state operations and the amount of required <br />liability insurance. This information indicates that P&M's multi-state insurance coverage is <br />adequate to comply with regulatory requirements. <br />If you have any questions regarding this information, please call me at (303) 930-4030. <br />Sincerely, <br />~'~~,~ <br />M. E. Campbell <br />Enclosure <br />cc: D. L. Beverlin, Edna Mine <br />