UST Monthly Activity Report
AST Monthly Activity Report
Current Balance Sheet
Current Income Statement
Actuarial Study-2011
Audit - FY12


Financial Projections for 12/31/12
Financial Projection Assumptions for 12/31/12

 

UST MONTHLY ACTIVITY
REPORT FOR APRIL 2013

PARTICIPATION  
Sites where Coverage is in Force: 2601
Sites where Coverage Lapsed: 1983
Applications Under Review: 23
   
Extended Reporting Period Endorsements in Force:
175



INSURED TANKS          
Participation Fee Category #1 #2 #3 #4 Total
No. of Tanks 763 2730 3511 0 7004



PARTICIPANT CHARACTERISTICS
No. of Owners w/ 1 - 12 Tanks: 1162
No. of Owners w/ 13 - 99 Tanks 69
No. of Owners w/ 100 + Tanks: 9
Total No. of Tank Owners: 1240



INSURANCE CLAIMS
No. of Open Claims: 421
No. of Claims Where Payment Has Been Made: 1079
No. of Closed Claims To Date: 1764
Total Dollars Paid To Date: $92,245,240
Dollars Reserved For Known Claims: $23,842,693
No. of Sites With Approved Cost Proposals: 307
Amount of Approved Cost Proposals Outstanding: *** $7,164,541



INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS
No. of Open Claims:
50
No. of Claims Where Payment Has Been Made: 73
No. of Closed Claims To Date:
92
Total Dollars Paid To Date:
$3,371,598
Dollars Reserved For Known Claims:
$2,058,515
No. of Sites With Approved Cost Proposals:
40
Amount of Approved Cost Proposals Outstanding:
**$844,111



"REMEDIAL" CLAIMS*
No. of Open Claims:
442
No. of Claims Where Payment Has Been Made: 1113
No. of Closed Claims To Date:
3112
Total Dollars Paid To Date:
$104,720,214
Reserve Estimate For Eligible Claims:
$25,781,044
No. of Sites With Approved Cost Proposals:
273
Amount of Approved Cost Proposals Outstanding:
**$6,464,763


* "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 2013

PARTICIPATION  
Sites where Coverage is in Force: 995
Sites where Coverage Lapsed: 349
Applications Under Review: 24
   
Extending Reporting Period Endorsements in Force: 43


INSURED TANKS      
Participation Fee Category #1 #2 Total
No. of Tanks 3191 36 3227


PARTICIPANT CHARACTERISTICS
No. Of Owners w/ 1 - 12 Tanks: 600
No. Of Owners w/ 13 - 99 Tanks 31
No. Of Owners w/ 100+ Tanks: 1
Total No. of Tank Owners: 632


INSURANCE CLAIMS
No. of Sites With Open Claims: 88
No. of Sites Where Payment Has Been Made: 126
No. of Closed Claims To Date: 116
Total Dollars Paid To Date: $18,266,521
Reserve Estimate For Known Claims: $6,697,040
No. of Sites With Approved Cost Proposals: 55
Amount of Approved Cost Proposals Outstanding: **$1,486,390


INSURANCE "EXTENDED REPORTING PERIOD" CLAIMS
No. of Sites With Open Claims:
10
No. of Sites Where Payment Has Been Made:
10
No. of Closed Claims To Date:
9
Total Dollars Paid To Date:
$296,106
Reserve Estimate For Known Claims:
$425,241
No. of Sites With Approved Cost Proposals:
7
Amount of Approved Cost Proposals Outstanding:
**$125,818



"REMEDIAL" CLAIMS*
No. of Sites With Open Claims:
35
No. of Sites for which Payment Has Been Made:
52
No. of Closed Claims To Date:
278
Total Dollars Paid To Date:
$7,086,501
Reserve Estimate For Eligible Claims:
$4,334,042
No. of Sites With Approved Cost Proposals:
21
Amount of Approved Cost Proposals Outstanding:
**$526,631



*"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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