Section NR 747.41 - Laboratories and drilling firms(1) INSURANCE. (a) As of March 1, 1994, all laboratories performing work under the PECFA program shall obtain and maintain errors and omissions (professional liability) coverage of no less than $1,000,000 per claim, $1,000,000 annual aggregate and a deductible of no more than $100,000 per claim.(b) As of March 1, 1994, all drilling firms performing work under the PECFA program shall obtain and maintain general liability coverage, including pollution impairment liability, of no less than $1,000,000 per claim, $1,000,000 annual aggregate and a deductible of no more than $100,000 per claim.(2) COVERAGE. The insurance obtained by laboratory and drilling firms shall cover work performed under PECFA on or after March 1, 1994. For all laboratory and drilling firms included in a claim, a certificate or certificates verifying the existence of the insurance coverage as specified in sub. (1), shall be submitted with the PECFA claim.(3) RATING. The insurance coverage shall be provided by a firm that has an A.M. Best rating of at least "A-".(4) ALTERNATE MECHANISMS. A laboratory or drilling firm may request the department's approval of an alternate mechanism for meeting the requirement of the maximum deductible of $100,000 per claim. The department shall review the request and determine whether the mechanism meets the requirement of the rule.Wis. Admin. Code Department of Natural Resources NR 747.41
Cr. Register, February, 1994, No. 458, eff. 3-1-94; CR 04-058: renum. from Comm 47.415 Register February 2006 No. 602, eff. 5-1-06.