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UST Monthly Activity Report
AST Monthly Activity Report
Current Balance Sheet
Current Income Statement
Actuarial Study-2009
Audit - FY09
Financial Projections
for 12/31/08
Financial
Projection Assumptions for 12/31/08
UST
MONTHLY ACTIVITY
REPORT FOR JANUARY '10
| PARTICIPATION |
|
| Policies
Issued: |
4403 |
| Policies
Lapsed: |
1755 |
| Total
Policies in Force: |
2648 |
| Applications
Under Review: |
32 |
| Applications
Rejected: |
395 |
| Total
Applications: |
4830 |
| |
|
|
Extended
Reporting Period Endorsements in Force:
|
193 |
| INSURED
TANKS |
|
|
|
|
|
| Participation
Fee Category |
#1 |
#2 |
#3 |
#4 |
Total |
| No.
of Tanks |
647 |
2641 |
3969 |
0 |
7257 |
| PARTICIPANT
CHARACTERISTICS |
| No.
of Owners w/ 1 - 12 Tanks: |
1312 |
| No.
of Owners w/ 13 - 99 Tanks |
81 |
| No.
of Owners w/ 100 + Tanks: |
7 |
| Total
No. of Tank Owners: |
1400 |
| INSURANCE
CLAIMS |
| No.
of Open Claims: |
471 |
| No.
of Claims Where Payment Has Been Made: |
962 |
| No.
of Closed Claims To Date: |
1522 |
| Total
Dollars Paid To Date: |
$74,461,735 |
| Dollars
Reserved For Known Claims: |
$23,439,035 |
| No.
of Sites With Approved Cost Proposals: |
373 |
| Amount
of Approved Cost Proposals Outstanding: |
***
$8,827,545 |
INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS |
No. of Open Claims: |
55 |
| No. of Claims Where Payment Has Been Made: |
51 |
No. of Closed Claims To Date: |
39 |
Total Dollars Paid To Date: |
$1,506,797 |
Dollars Reserved For Known Claims: |
$2,245,680 |
No. of Sites With Approved Cost Proposals: |
46 |
Amount of Approved Cost Proposals Outstanding: |
**$924,190 |
| "REMEDIAL"
CLAIMS* |
| No.
of Open Claims: |
542 |
| No.
of Claims Where Payment Has Been Made: |
1058 |
| No.
of Closed Claims To Date: |
2946 |
| Total
Dollars Paid To Date: |
$91,381,596 |
| Reserve
Estimate For 542 Eligible Claims: |
**$27,453,171 |
| No.
of Sites With Approved Cost Proposals: |
385 |
| Amount
of Approved Cost Proposals Outstanding: |
***$8,876,031 |
* "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 JANUARY '10
| PARTICIPATION |
|
| Policies
Issued: |
827 |
| Policies
Lapsed: |
252 |
| Total
Policies in Force: |
575 |
| Applications
Under Review: |
19 |
| Applications
Rejected: |
94 |
| Total
Applications: |
940 |
| Extending
Reporting Period Endorsements in Force: |
45 |
| INSURED
TANKS |
|
|
|
| Participation
Fee Category |
#1 |
#2 |
Total |
| No.
of Tanks |
2157 |
27 |
2184 |
| PARTICIPANT
CHARACTERISTICS |
| No.
Of Owners w/ 1 - 12 Tanks: |
267 |
| No.
Of Owners w/ 13 - 99 Tanks |
23 |
| No.
Of Owners w/ 100+ Tanks: |
1 |
| Total
No. of Tank Owners: |
291 |
| INSURANCE
CLAIMS |
| No.
of Sites With Open Claims: |
75 |
| No.
of Sites Where Payment Has Been Made: |
101 |
| No.
of Closed Claims To Date: |
86 |
| Total
Dollars Paid To Date: |
$13,430,679 |
| Reserve
Estimate For Known Claims: |
$6,462,349 |
| No.
of Sites With Approved Cost Proposals: |
52 |
| Amount
of Approved Cost Proposals Outstanding: |
**$1,539,907 |
INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS |
No. of Sites With Open Claims: |
9 |
No. of Sites Where Payment Has Been Made: |
5 |
No. of Closed Claims To Date: |
2 |
Total Dollars Paid To Date: |
$115,255 |
Reserve Estimate For Known Claims: |
$366,682 |
No. of Sites With Approved Cost Proposals: |
6 |
Amount of Approved Cost Proposals Outstanding: |
**$47,891 |
| "REMEDIAL"
CLAIMS* |
| No.
Of Sites w/ Open Claims: |
48 |
| No.
Of Sites For Which Payment Has Been Made: |
50 |
| No.
Of Closed Claims To Date: |
263 |
| Total
Dollars Paid To Date: |
$5,745,751 |
| Reserve
Estimate For 48 Eligible Claims: |
$3,639,714 |
| No.
Of Sites With Approved Cost Proposals: |
28 |
| Amount
of Approved Cost Proposals Outstanding: |
**$641,214 |
*"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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