[Bcma-l] Re: Museum Insurance Packages

[bcma-l@museumsassn.bc.ca]

Greetings from 'Ksan
I am curious to know if there are other BC museums located in close 
proximity to a river, and has there museum insurance premiums escalated 
due to the 2007 spring flood. 'Ksan evacuated in 2007 because there was 
a provincial flood warning on most, if not all major BC Rivers.  'Ksan 
is located at the junction of the Bulkley and Skeena Rivers. 'Ksan did 
not receive flood damage.  But, we did remove our assets while we waited 
for the flood warning to be lifted.
'Ksan switched from AON Stenhouse to Marsh Canada Insurance and our 
premium escalated to $29,700 per year.  Marsh Canada went out to the 
market place to find a broker to cover property.  A broker named Elliot 
picked up the property portion and the premium escalated as we are now 
deemed 'high-risk' because of the spring flood.
We have been on the property since 1968.  Waters have been high from 
time to time, but we have never received water in the buildings.
I have obtained a geodetic map from Regional District indicating a one 
in 50 year event (flood) and a one in 200 year event.  I plan to send 
this off to Marsh Canada.  Not sure if it will help.
Any thoughts?
 
Regards,
Laurel Smith Wilson
Executive Director, Curator
'Ksan Historical Village & Museum