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1 <br /> 1 <br /> 1 Account Executive: Rich Zak <br /> TRAVELERS J Fax Number: 6513105383 <br /> 1 Terrorism Risk Insurance Act of 2002 Disclosure <br /> Entity Name: Decatur Public Transit <br /> 1 Agency: AJ Gallagher State: IL <br /> 1 On December 26,2007,the President of the United States signed into law amendments to the Terrorism <br /> Risk Insurance Act of 2002(the"Act"),which,among other things,extend the Act and expand its scope. <br /> The Act establishes a program under which the Federal Government may partially reimburse"Insured <br /> Losses"(as defined in the Act)caused by"acts of terrorism". An"act of terrorism"is defined in Section <br /> 102(1)of the Act to mean any act that is certified by the Secretary of the Treasury—in concurrence with the <br /> 1 Secretary of State and the Attorney General of the United States—to bean act of terrorism;to be a violent <br /> act or an act that is dangerous to human life,property,or infrastructure;to have resulted in damage within <br /> the United States,or outside the United States in the case of certain air carriers or vessels or the premises of <br /> a United States Mission;and to have been committed by an individual or individuals as part of an effort to <br /> 1 coerce the civilian population of the United States or to influence the policy or affect the conduct of the <br /> United States Government by coercion. <br /> The Federal Government's share of compensation for Insured Losses is 85%of the amount of Insured <br /> 1 Losses in excess of each Insurer's statutorily established deductible,subject to the"Program Trigger',(as <br /> defined in the Act). In no event,however,will the Federal Government or any Insurer be required to pay <br /> any portion of the amount of aggregate Insured Losses occurring in any one year that exceeds <br /> $100,000,000,000,provided that such Insurer has met its deductible. If aggregate Insured Losses exceed <br /> $100,000,000,000 in any one year,your coverage may therefore be reduced. <br /> 1 The charge for Insured Losses for coverages other than workers'compensation are automatically provided <br /> at the additional premiums shown below.The charge for this exposure for workers'compensation is an <br /> additional premium,which is reflected separately within this proposal. The charge for each coverage does <br /> 1 not include any charge for the portion of losses covered by the Federal Government under the Act. <br /> I <br /> Coverage Included Charge For Insured Losses <br /> 1 Property 3%of the total Property Coverage premium. <br /> Inland Marine I%of the applicable premium. <br /> Workers'Compensation See workers compensation premium schedule. <br /> Note—terrorism premium charges are subject to change at any <br /> 1 time based on state regulatory action. <br /> All other coverages subject to TRIA 1%of the applicable premium. <br /> 1 <br /> i <br /> 1 <br /> 1 <br /> 1 <br />