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UST Monthly Activity Report
AST Monthly Activity Report
Current Balance Sheet
Current Income Statement
Actuarial Study-2007
Audit - FY07
Financial Projections
for 7/01/07
Financial
Projection Assumptions for 7/01/07
UST
MONTHLY ACTIVITY
REPORT FOR JUNE '08
| PARTICIPATION |
|
| Policies
Issued: |
4291 |
| Policies
Lapsed: |
1627 |
| Total
Policies in Force: |
2664 |
| Applications
Under Review: |
43 |
| Applications
Rejected: |
383 |
| Total
Applications: |
4717 |
| |
|
|
Extended
Reporting Period Endorsements in Force:
|
260 |
| INSURED
TANKS |
|
|
|
|
|
| Participation
Fee Category |
#1 |
#2 |
#3 |
#4 |
Total |
| No.
of Tanks |
594 |
2545 |
4231 |
0 |
7370 |
| PARTICIPANT
CHARACTERISTICS |
| No.
of Owners w/ 1 - 12 Tanks: |
1317 |
| No.
of Owners w/ 13 - 99 Tanks |
84 |
| No.
of Owners w/ 100 + Tanks: |
9 |
| Total
No. of Tank Owners: |
1410 |
| INSURANCE
CLAIMS |
| No.
of Open Claims: |
578 |
| No.
of Claims Where Payment Has Been Made: |
880 |
| No.
of Closed Claims To Date: |
1341 |
| Total
Dollars Paid To Date: |
$64,960,937 |
| Dollars
Reserved For Known Claims: |
$28,567,828 |
| No.
of Sites With Approved Cost Proposals: |
428 |
| Amount
of Approved Cost Proposals Outstanding: |
***
$10,712,191 |
INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS |
No. of Open Claims: |
34 |
No. of Claims Where Payment Has Been Made: |
19 |
No. of Closed Claims To Date: |
7 |
Total Dollars Paid To Date: |
$583,440 |
Dollars Reserved For Known Claims: |
$1,400,770 |
No. of Sites With Approved Cost Proposals: |
25 |
Amount of Approved Cost Proposals Outstanding: |
**$396,072 |
| "REMEDIAL"
CLAIMS* |
| No.
of Open Claims: |
656 |
| No.
of Claims Where Payment Has Been Made: |
1023 |
| No.
of Closed Claims To Date: |
2802 |
| Total
Dollars Paid To Date: |
$81,524,252 |
| Reserve
Estimate For 656 Eligible Claims: |
**$30,931,081 |
| No.
of Sites With Approved Cost Proposals: |
438 |
| Amount
of Approved Cost Proposals Outstanding: |
***$10,494,745 |
* "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 JUNE '08
| PARTICIPATION |
|
| Policies
Issued: |
730 |
| Policies
Lapsed: |
213 |
| Total
Policies in Force: |
517 |
| Applications
Under Review: |
13 |
| Applications
Rejected: |
90 |
| Total
Applications: |
833 |
| Extending
Reporting Period Endorsements in Force: |
65 |
| INSURED
TANKS |
|
|
|
| Participation
Fee Category |
#1 |
#2 |
Total |
| No.
of Tanks |
2058 |
21 |
2079 |
| PARTICIPANT
CHARACTERISTICS |
| No.
Of Owners w/ 1 - 12 Tanks: |
254 |
| No.
Of Owners w/ 13 - 99 Tanks |
22 |
| No.
Of Owners w/ 100+ Tanks: |
1 |
| Total
No. of Tank Owners: |
277 |
| INSURANCE
CLAIMS |
| No.
of Sites With Open Claims: |
79 |
| No.
of Sites Where Payment Has Been Made: |
92 |
| No.
of Closed Claims To Date: |
71 |
| Total
Dollars Paid To Date: |
$10,538,168 |
| Reserve
Estimate For Known Claims: |
$7,002,063 |
| No.
of Sites With Approved Cost Proposals: |
61 |
| Amount
of Approved Cost Proposals Outstanding: |
**$1,934,551 |
INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS |
No. of Sites With Open Claims: |
5 |
No. of Sites Where Payment Has Been Made: |
3 |
No. of Closed Claims To Date: |
1 |
Total Dollars Paid To Date: |
$66,916 |
Reserve Estimate For Known Claims: |
$225,018 |
No. of Sites With Approved Cost Proposals: |
4 |
Amount of Approved Cost Proposals Outstanding: |
**$74,143 |
| "REMEDIAL"
CLAIMS* |
| No.
Of Sites w/ Open Claims: |
60 |
| No.
Of Sites For Which Payment Has Been Made: |
45 |
| No.
Of Closed Claims To Date: |
248 |
| Total
Dollars Paid To Date: |
$4,883,600 |
| Reserve
Estimate For 60 Eligible Claims: |
$3,606,464 |
| No.
Of Sites With Approved Cost Proposals: |
34 |
| Amount
of Approved Cost Proposals Outstanding: |
**$710,539 |
*"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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