Common use of Qualified Insurer Clause in Contracts

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.

Appears in 96 contracts

Samples: Contract, Contract, Contract

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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- 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.

Appears in 72 contracts

Samples: Contract, Contract, Contract

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- 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:

Appears in 24 contracts

Samples: Contract, Regional Cooperative Agreement Contract, cams.ocgov.com

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 ’s Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property- 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:

Appears in 4 contracts

Samples: cams.ocgov.com, cams.ocgov.com, cams.ocgov.com

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- 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 CONTRACTOR shall provide the minimum limits and coverage as set forth below:

Appears in 3 contracts

Samples: cams.ocgov.com, www.ocair.com, www.ocair.com

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- Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state 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

Appears in 3 contracts

Samples: cams.ocgov.com, cams.ocgov.com, cams.ocgov.com

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have 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- Property-Casualty/United States or xxxxxx.xxx). It xxxxxx.xxx If the insurance carrier is preferred, but not mandatory, that the insurer be licensed to do business an admitted carrier in the state of California (California Admitted Carrier). If the insurance carrier and does not have an A.M. Best Rating 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:

Appears in 2 contracts

Samples: Agreement, Agreement

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- 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.

Appears in 2 contracts

Samples: cams.ocgov.com, cams.ocgov.com

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- 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 D-BE shall provide the minimum limits and coverage as set forth below:

Appears in 2 contracts

Samples: cams.ocgov.com, cams.ocgov.com

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- 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 Contractor shall provide the minimum limits and coverage as set forth below:

Appears in 2 contracts

Samples: Regional Cooperative Agreement, Subordinate Contract

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category Category) as determined by the most current edition of the Best's Key Rating Guide/Property- Property-Casualty/United States or xxxxxx.xxx). It xxxxxx.xxx If the insurance carrier is preferred, but not mandatory, that the insurer be licensed to do business an admitted carrier in the state of California (California Admitted Carrier). If the insurance carrier and does not have an A.M. Best Rating 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.

Appears in 2 contracts

Samples: John Wayne Airport Agreement, Airport Agreement

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- Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer GRANTEE 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 GRANTEE’S performance and financial ratings.. The policy or policies of insurance maintained by the GRANTEE shall provide the minimum limits and coverage as set forth below:

Appears in 2 contracts

Samples: Grant Agreement, cams.ocgov.com

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- 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 CM shall provide the minimum limits and coverage as set forth below:

Appears in 2 contracts

Samples: Construction Phase Services, Construction Phase Services

Qualified Insurer. 1. 14.5.1 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- 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 CONTRACTOR shall provide the minimum limits and coverage as set forth below:

Appears in 1 contract

Samples: Agreement

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’s rating) and VIII (Financial Size Category Category) as determined by the most current edition of the Best's ’s Key Rating Guide/Property- 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 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 ’s performance and financial ratings.

Appears in 1 contract

Samples: Agreement

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category Category) as determined by the most current edition of the Best's Key Rating Guide/Property- Casualty/United States or xxxxxx.xxx). It If the insurance carrier is preferred, but not mandatory, that the insurer be licensed to do business an admitted carrier in the state of California (California Admitted Carrier). If the insurance carrier and does not have an A.M. Best Rating 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 ’s performance and financial ratings. If the non-admitted insurance carrier meets or exceeds the minimum A.M. Best rating of A-/VIII, the agency can accept the insurance.

Appears in 1 contract

Samples: cams.ocgov.com

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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 ’s Rating) and VIII (Financial Size Category Category) as determined by the most current edition of the Best's ’s Key Rating Guide/Property- 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 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 ’s performance and financial ratings.

Appears in 1 contract

Samples: Master License Agreement

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- Property-Casualty/United States or xxxxxx.xxxambest.xxx). It Xx 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.

Appears in 1 contract

Samples: cams.ocgov.com

Qualified Insurer. 1. 13.5.1 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- 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.

Appears in 1 contract

Samples: Agreement

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have 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- Property-Casualty/United States or xxxxxx.xxx). It If the insurance carrier is preferred, but not mandatory, that the insurer be licensed to do business an admitted carrier in the state of California (California Admitted Carrier). If the insurance carrier and does not have an A.M. Best Rating 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.

Appears in 1 contract

Samples: Agreement

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- 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.

Appears in 1 contract

Samples: Contract

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category Category) as determined by the most current edition of the Best's Key ’s key Rating Guide/Property- Property-Casualty/United States or xxxxxx.xxx). It If the insurance carrier is preferred, but not mandatory, that the insurer be licensed to do business an admitted carrier in the state of California (California Admitted Carrier). If the insurance carrier and does not have an A.M. Best Rating 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.

Appears in 1 contract

Samples: Lease Agreement

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- Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state 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:

Appears in 1 contract

Samples: cams.ocgov.com

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category Category) as determined by the most current edition of the Best's Key Rating Guide/Property- Property-Casualty/United States or xxxxxx.xxx). It If the insurance carrier is preferred, but not mandatory, that the insurer be licensed to do business an admitted carrier in the state of California (California Admitted Carrier). If the insurance carrier and does not have an A.M. Best Rating 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.

Appears in 1 contract

Samples: Airport Agreement

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category Category) as determined by the most current edition of the Best's Key Rating Guide/Property- Property-Casualty/United States or xxxxxx.xxx). It If the insurance carrier is preferred, but not mandatory, that the insurer be licensed to do business an admitted carrier in the state of California (California Admitted Carrier). If the insurance carrier and does not have an A.M. Best Rating 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 ’s performance and financial ratings. If the non- admitted insurance carrier meets or exceeds the minimum A.M. Best rating of A-/VIII, the agency can accept the insurance.

Appears in 1 contract

Samples: Agreement

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