2. DeAngelo Trucking Company has experienced a number of losses. Calculate how ' much the insurer(s) will pay in each part. a. A fire damaged the building where maintenance work in performed on DeAngelo trucks. The building was insured for $200,000 under a property insurance policy that included an 80 percent coinsurance clause. The building was valued at $300,000 at the time of the fire. The fire damage was $60,000. This property insurance policy includes a $2,500 deductible. How much will the insurer pay to settle this claim? (2 points) b. DeAngelo purchased a general liability policy from Alpha Insurance with a $2 M (million) per-occurrence limit and a $10 million annual aggregate limit. It has a second GL policy from Omega insurance with a $1 M per-occurrence limit and a $10 M annual aggregate limit. A DeAngelo customer was severely injured by a ceiling collapse at the DeAngelo home office. A court ruled DeAngelo must pay $1.2 Min damages to the injured party. 1. What is each insurer's liability if the claim is settled on a pro rata basis using the per-occurrence limits? Clearly label how much each insurer will pay. (1.5 points) 2. What is each insurer's liability if the claim is settled on a primary and excess basis with Omega deemed primary and Alpha deemed excess? (1 point)