Laserfiche WebLink
~ - III IIIIIIIII IIII III <br />999 <br />The Pittsburg 8r Midway Coal Mining co. <br />psi ' AChevronCompany <br />6400 South Fiddler's Green Circle. Englewood. C060117 ~ Phone (303) 930.3600 <br />February 26, 1996 <br />Mr. Kent Gorham <br />Colorado Mined Land Reclamation Division <br />1313 Sherman Street, Room 214 <br />Denver, CO 80203-2273 <br />Re: Edna Mine Certificate of Liability Insurance No. 96-029C <br />Dear Mr. Gorham: <br />RFt^,FIVFp <br />FEB 2 y 1996 <br />Division of Ntinerais t?<Geo~ogy <br />The Office of Surface Mining Reclamation & Enforcement (OSM) has questioned the adequacy of The <br />Pittsburg & Midway Coal Mining Co.'s (P&M) liability insurance coverage. The OSM believes that <br />P&M's primary multi-state policy is not sufficient insurance to cover claims that may occur at two or <br />more operations. P&M disagrees with the OSM's contention; the Company has always maintained <br />adequate insurance coverage. However, to satisfy the OSM's concerns, P&M has an excess liability <br />policy. <br />Liability insurance coverage of at least $300,000 per occurrence and $500,00 aggregate is required in the <br />states where P&M has operations. P&M's renewed CLI forms have a general liability policy and an <br />excess liability policy. The total liability of these two multi-state policies is $4.5 million per occurrence <br />and $7.5 million aggregate. This should provide overall liability coverage to insure all of P&M's <br />operations. (Note: There is one spare coverage in the event P&M permits a new operation in 1996.) <br />This overall liability coverage will be reflected on the Mazch 1, 1996 renewed Certificate of Liability form <br />which your office should receive from Marsh & McLennan. <br />Enclosed is a sheet which summarizes P&M's multi-state operations and the amount of required liability <br />insurance. This information indicates that P&M's multi-state insurance coverage is adequate to comply <br />with regulatory reyuirements. <br />If you have any questions regarding this information, please call me at (303) 930-4031. <br />Sincerely, <br />~~ ~~ v <br />1.R. Hinton <br />Manager, Environmental Affairs <br />JRH:Irv <br />Enclosure <br />cc: D.L. Beverlin, Edna Mine <br />