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UST Monthly Activity Report
AST Monthly Activity Report
Current Balance Sheet
Current Income Statement
Actuarial Study-2007
Audit - FY08
Financial Projections
for 12/31/08
Financial
Projection Assumptions for 12/31/08
UST
MONTHLY ACTIVITY
REPORT FOR MAY '09
| PARTICIPATION |
|
| Policies
Issued: |
4341 |
| Policies
Lapsed: |
1685 |
| Total
Policies in Force: |
2656 |
| Applications
Under Review: |
37 |
| Applications
Rejected: |
379 |
| Total
Applications: |
4757 |
| |
|
|
Extended
Reporting Period Endorsements in Force:
|
298 |
| INSURED
TANKS |
|
|
|
|
|
| Participation
Fee Category |
#1 |
#2 |
#3 |
#4 |
Total |
| No.
of Tanks |
622 |
2599 |
4100 |
0 |
7321 |
| PARTICIPANT
CHARACTERISTICS |
| No.
of Owners w/ 1 - 12 Tanks: |
1321 |
| No.
of Owners w/ 13 - 99 Tanks |
82 |
| No.
of Owners w/ 100 + Tanks: |
8 |
| Total
No. of Tank Owners: |
1411 |
| INSURANCE
CLAIMS |
| No.
of Open Claims: |
522 |
| No.
of Claims Where Payment Has Been Made: |
933 |
| No.
of Closed Claims To Date: |
1444 |
| Total
Dollars Paid To Date: |
$71,241,724 |
| Dollars
Reserved For Known Claims: |
$26,607,380 |
| No.
of Sites With Approved Cost Proposals: |
408 |
| Amount
of Approved Cost Proposals Outstanding: |
***
$9,668,501 |
INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS |
No. of Open Claims: |
51 |
| No. of Claims Where Payment Has Been Made: |
27 |
No. of Closed Claims To Date: |
29 |
Total Dollars Paid To Date: |
$941,342 |
Dollars Reserved For Known Claims: |
$2,145,647 |
No. of Sites With Approved Cost Proposals: |
38 |
Amount of Approved Cost Proposals Outstanding: |
**$687,813 |
| "REMEDIAL"
CLAIMS* |
| No.
of Open Claims: |
595 |
| No.
of Claims Where Payment Has Been Made: |
1042 |
| No.
of Closed Claims To Date: |
2881 |
| Total
Dollars Paid To Date: |
$87,110,919 |
| Reserve
Estimate For 595 Eligible Claims: |
**$29,280,695 |
| No.
of Sites With Approved Cost Proposals: |
417 |
| Amount
of Approved Cost Proposals Outstanding: |
***$9,730,807 |
* "Remedial"
claims are those which are not eligible under a policy issued by the
Fund; rather, the site is eligible for benefits as a result of HB251
or SB708.
** Includes
sites where tanks not yet removed; no data on contamination.
*** Cost
Proposals are shown net of the $10,000 deductible.
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AST
MONTHLY ACTIVITY
REPORT FOR APRIL '09
| PARTICIPATION |
|
| Policies
Issued: |
796 |
| Policies
Lapsed: |
240 |
| Total
Policies in Force: |
556 |
| Applications
Under Review: |
24 |
| Applications
Rejected: |
94 |
| Total
Applications: |
914 |
| Extending
Reporting Period Endorsements in Force: |
62 |
| INSURED
TANKS |
|
|
|
| Participation
Fee Category |
#1 |
#2 |
Total |
| No.
of Tanks |
2122 |
27 |
2149 |
| PARTICIPANT
CHARACTERISTICS |
| No.
Of Owners w/ 1 - 12 Tanks: |
254 |
| No.
Of Owners w/ 13 - 99 Tanks |
23 |
| No.
Of Owners w/ 100+ Tanks: |
1 |
| Total
No. of Tank Owners: |
278 |
| INSURANCE
CLAIMS |
| No.
of Sites With Open Claims: |
74 |
| No.
of Sites Where Payment Has Been Made: |
98 |
| No.
of Closed Claims To Date: |
83 |
| Total
Dollars Paid To Date: |
$12,295,465 |
| Reserve
Estimate For Known Claims: |
$6,265,687 |
| No.
of Sites With Approved Cost Proposals: |
54 |
| Amount
of Approved Cost Proposals Outstanding: |
**$1,554,001 |
INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS |
No. of Sites With Open Claims: |
6 |
No. of Sites Where Payment Has Been Made: |
4 |
No. of Closed Claims To Date: |
2 |
Total Dollars Paid To Date: |
$98,262 |
Reserve Estimate For Known Claims: |
$253,673 |
No. of Sites With Approved Cost Proposals: |
5 |
Amount of Approved Cost Proposals Outstanding: |
**$62,753 |
| "REMEDIAL"
CLAIMS* |
| No.
Of Sites w/ Open Claims: |
53 |
| No.
Of Sites For Which Payment Has Been Made: |
50 |
| No.
Of Closed Claims To Date: |
258 |
| Total
Dollars Paid To Date: |
$5,432,753 |
| Reserve
Estimate For 53 Eligible Claims: |
$3,932,243 |
| No.
Of Sites With Approved Cost Proposals: |
33 |
| Amount
of Approved Cost Proposals Outstanding: |
**$657,388 |
*"Remedial"
claims are those which are not eligible under a policy issued by the
Fund; rather, the site is eligible for benefits as a result of HB251
or SB708.
** Cost
proposals are shown net of the $10,000 deductible.
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