Qualified Insurer. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings. The policy or policies of insurance maintained by the Contractor shall provide the minimum limits and coverage as set forth below: Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage $1,000,000 per occurrence for owned, non-owned and hired vehicles Workers Compensation Statutory Employers Liability Insurance $1,000,000 per occurrence
Qualified Insurer. 9 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of 10 A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current 11 edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, 12 but not mandatory, that the insurer be licensed to do business in the state of California (California 13 Admitted Carrier).
Qualified Insurer. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the State of California (California Admitted Carrier). If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings. The policy or policies of insurance maintained by the Subrecipient shall provide the minimum limits and coverage as set forth below: Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage $1,000,000 per occurrence for owned, non-owned and hired vehicles Workers Compensation Statutory Employers Liability Insurance $1,000,000 per occurrence Network Security & Privacy $1,000,000 per claims-made Liability Professional Liability $1,000,000 per claims-made $1,000,000 aggregate Sexual Misconduct $1,000,000 per occurrence Employee Dishonesty $100,000 per occurrence
Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.
Qualified Insurer. An insurance company duly qualified as such under the laws of the states in which the related Mortgaged Properties are located, duly authorized and licensed in such states to transact the applicable insurance business and to write the insurance provided and whose claims paying ability is rated by each Rating Agency in its highest rating category or whose selection as an insurer will not adversely affect the rating of the Certificates.
Qualified Insurer. An insurance company duly qualified as such under the laws of the states in which the Mortgaged Properties are located, duly authorized and licensed in such states to transact the applicable insurance business and to write the insurance provided, which insurer is approved in such capacity by an Agency.
Qualified Insurer. 6 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of 8 edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, 9 but not mandatory, that the insurer be licensed to do business in the state of California (California 10 Admitted Carrier).
Qualified Insurer. An insurance company duly qualified as such under the laws of the states in which the Mortgaged Properties are located, duly authorized and licensed in such states to transact the applicable insurance business and to write the insurance provided, approved as an insurer by FNMA and FHLMC and whose claims-paying ability is rated in the two highest rating categories by S&P, Mxxxx’x and Fitch with respect to primary mortgage insurance and in the two highest rating categories for general policyholder rating and financial performance index rating by A.M. Best Company or its successor in interest with respect to hazard and flood insurance.
Qualified Insurer. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best’s Rating) and VIII (Financial Size Category) as determined by the most current edition of the Best’s key Rating Guide/Property-Casualty/United States or xxxxxx.xxx. It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). If the insurance carrier does not have an A.M. Best rating of A-/VIII, the CEO /Office of Risk management retains the right to approve or reject a carrier after a review of the company’s performance and financial ratings. The policy or policies of insurance maintained by THE FRIENDS OF THE LIBRARY shall provide the minimum limits and coverage as set forth below: Coverages Minimum Limits Coverages Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate The policy or policies of insurance maintained by Contractors hired by THE FRIENDS OF THE LIBRARY shall provide the minimum limits and coverage as set forth below: Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage $1,000,000 limit per occurrence for owned, non-owned and hire vehicles Workers’ Compensation Employers’ Liability Statutory $1,000,000 per occurrence Required Coverage Forms The Commercial General Liability coverage shall be written on Insurance Services Office (ISO) form CG 00 01, or a substitute form providing liability coverage at least as broad. The Business Auto Liability coverage shall be written on ISO form CA 00 01, CA 00 05, CA 00 12, CA 00 20, or a substitute form providing liability coverage as broad. (Applicable to contractors only)
Qualified Insurer. 4 1. The policy or policies of insurance must be issued by an insurer licensed to do business in 5 the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. 6 Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's 7 Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx)