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I
<br />Indian River Countv BOCC
<br />2) No certified "act of terrorism", as defined under the Terrorism Risk Insurance Act of 2002 as amended
<br />and extended by the Terrorism Risk Insurance Program Reauthorization of 2015 ("TRIPRA"), occurs
<br />during the 2016 Policy Period.
<br />3) No significant change in exposure as applicable to the type of policy with "significant" being
<br />understood to mean a 15% change in exposure for any of the Policies over that for the 2016 Policy Period
<br />bound with Safety National.
<br />4) No significant change in underwriting exposure through development of, or acquisition of, non-core
<br />business, with "significant" being understood to be a change that is in excess of 5% for any Policy over
<br />that in place for 2016 Policy Period bound with Safety National.
<br />5) Nonmaterial adverse change in the financial condition of the Insured, as determined by Safety
<br />National, over the 2016 Policy Period.
<br />6) NoJndividual incurred loss during the 2016 AND/OR 2017 Policy Period for any of the Policies to
<br />exceed 50% of that Policy's applicable SIR/Retention amount with such losses to be valued as of
<br />1/1/2017 AND/OR 1/1/2018.
<br />The parties understand and agree that, if all the above stated conditions are not met as applicable to a
<br />particular policy period renewal, the Premium Rate per payroll/exposure for the 2017 Policy Period shall
<br />not be subject to any limitation nor guarantee with respect to rate increases.
<br />We don't believe these conditions to be unusual for a rate guarantee.
<br />Cyber' Liability
<br />Illinois National has written the County's Cyber Liability program since the coverage was originally
<br />purchased in 2014.
<br />Below please find a snapshot of the current and the renewal program:
<br />item!
<br />Total Policy Aggregate
<br />Illinois
<br />National
<br />15-16
<br />$1,000,000
<br />•.
<br />$1,000,000
<br />Option
<br />$1,000,000
<br />Breach Response Limit (Event Management)
<br />$1,000,000
<br />$1,000,000
<br />$1,000,000
<br />Cyber Extortion Limit
<br />$1,000,000
<br />$1,000,000
<br />$1,000,000
<br />Business Interruption Limit (Network Interruption)
<br />$0
<br />$0
<br />$1,000,000
<br />Media Liability Limit
<br />$1,000,000
<br />$1,000,000
<br />$1,000,000
<br />Regulatory Liability
<br />$1,000,000
<br />$1,000,000
<br />$1,000,000
<br />Security and Privacy Liability Limit
<br />$1,000,000
<br />$1,000,000
<br />$1,000,000
<br />Crisis Fund Insurance (Reputation Guard)
<br />$50,000
<br />$50,000
<br />$50,000
<br />PCI Fines
<br />N/A
<br />$250,000
<br />$250,000
<br />Retention
<br />$25,000
<br />$25,000
<br />$25,000
<br />Arthur J Gallagher Risk Management Services, Inc.
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