2019/07/26 Lennar Homes of California, Inc. Assumption of Liability RiderLiberty
Mutual.
October 14, 2019
Dear City of Menifee,
CITY OFMENIFEE Liberty Mutual Surety
FINANCE
OCT 17 2019 Jerry Schumacher,
AFSB
'RECEIVED Branch Manager
Liberty Mutual Surety
790 The City Drive, S
Ste. 200
Assumption of Liability Rider
Orange, CA 92868
Direct: 714-784-5539
Cell: 714-732-1479
On May 31, 2019 Liberty Mutual Insurance Company ("Liberty") acquired the U.S. surety
operations of AmTrust Financial Services which includes Developers Surety & Indemnity Company.
Liberty is now liable for the above referenced surety obligation.
To memorialize and clarify the liability of Liberty for the referenced obligation, we have enclosed an
Assumption of Liability Rider ("Rider"). Depending on the obligation, the surety on the Rider is
Liberty or Ohio Casualty Insurance Company ("OCIC"). Liberty is an admitted surety in good
standing with a U.S. Treasury Listing of $1,289,139,000. OCIC is an admitted surety in good
standing with a U.S. Treasury Listing of $175,415,000.
As noted on the Rider, upon the effective date The Ohio Casualty Insurance Company will be the
surety as if The Ohio Casualty Insurance Company originally issued the bond. In recognition of this
assumption, we ask that you sign the enclosed Rider and electronically return a copy to:
Maticela.lares@libettymutual.com
If you have any questions or concerns regarding this process, please contact: Maricela Lares
Thank you for your cooperation.
Sincerely,
Liberty Mutual Surety
Enclosure - Rider
cc:
Member of Liberty Mutual Group
t,�Mqtual.
SURETY
To: City of Menifee
29714 Hann Road
Menifee, CA 92586
RE: Change Surety Company
ASSUMPTION OF LIABILITY RIDER
Principal: Lennar Homes of California Inc.
Surety Bond Number: 380039S
Bond Amount: $3,056,543.00
Original Surety: Developers Surety and Indemnity Company
New Surety: The Ohio Casualty Insurance Company
Change Surety Company
• Effective, Julv 26, 2019 the original surety on the above referenced surety bond, Developers Surety and Indemnity
Company is replaced with The Ohio Casualty Insurance Company
• On the effective date, The Ohio Casualty Insurance Company assumes all obligations of the original surety from the
date of issuance of the Surety Bond and all obligations of Developers Surety and Indemnity Company
under the Bond are extinguished.
Obligee's signature on this Rider confirms its consent to this substitution and release of the original surety on the effective
date.
• All notices, including claims, should be sent to:
Liberty Mutual Surety
Attention: LMS Claims
PO Box 34526
Seattle, WA 98124
Phone: (206) 473-6210
Fax: (866) 548-6873
Email: HOSCL@Iiberrymutual.com
Libe yMulu aU ty ClLj i jjj&pjLjjj
With the exception of the substitution of Surety Company pursuant to this Rider, all terms and conditions of the Surety Bond
remain in full force and effect. This Assumption of Liability Rider shall not, in any respect,vary, waive, alter or extend the
terms, conditions and obligations of the Bond.
Signed and dated this 14th day of October , 2019
Surety: The Ohio Casualtv Insurance Company
By:
Renee C. Llewellyn, Assistant Secretary
Obligee:
By:
of Menifee
LMS-21156 07/19