PUBLIC HOUSING NOTICE: 2007-11
M E M O R A N D U M
TO: All
Executive Directors
FROM: Wayde
Porrovecchio, Housing Finance Manager, DHCD
Robert Carreiro, Risk Management Specialist, DHCD
SUBJECT: Blanket Property, Crime and Boiler
& Machinery Insurance
Massachusetts State-Aided Housing Programs
Policy Period – 11/17/07 to 11/17/08
DATE:
November 18, 2007
_____________________________________________________________________________________
DHCD has just
completed a renewal for Blanket Property, Boiler & Machinery and Crime Insurance
for local housing authorities, state-aided housing programs for the coming
coverage period beginning 11/17/07 through 11/17/08. The result of that process
was the renewal of insurance coverage with Sullivan Group (SG) as broker.
There will be many layers of Property insurance: Lexington Insurance is
the primary carrier for property and crime. Chubb Steam Boiler and
Machinery continues to be the insurer for Boiler & Machinery Coverage.
The new rate
for LHAs will be the same rate that was charged for last year’s premiums… $97.62
per unit.
Your invoice
for coverage will be sent by the Sullivan Group. The rate is set at $97.62
per unit according to DHCD’s records of number of state-aided units at your LHA
(not including MRVP) as of December 31, 2001. If there is a problem with
the number of units indicated on your bill, pay the premium and call Bob
Carreiro at 617-573-1229 to resolve the issue.
You must pay
your bill WITHIN 10 DAYS directly to Sullivan Group.
The following
is the contact person at Sullivan Group for making a claim:
Beth Grenier
Sullivan Group
One Chestnut Place
Worcester, MA 01608-2804
1-508-471-9022
If you have any other questions about the policy, procedures, coverage or
billing, please call Bob Carreiro.
Cc: William Sullivan
Beth Grenier
Amy Schectman
Carole E. Collins
Wa