Qualified Insurers Sample Clauses

Qualified Insurers. Each of the insurance policies required hereunder shall be procured from an insurance carrier or company that, at the time coverage under the applicable policy commences is:
AutoNDA by SimpleDocs
Qualified Insurers. Except for the State Compensation Insurance Fund, all insurance required by the terms of this Agreement must be provided by insurers licensed to do business in the State of California which are rated at least “A-, VI” by the current AM Best Ratings Guide and which are acceptable to City. City will accept non-admitted surplus lines insurers if they are included on the most recent list of California eligible surplus lines insurers (XXXXX list) and otherwise meet City requirements provided in this Agreement.
Qualified Insurers. Each of the insurance policies required hereunder shall be procured from an insurance carrier or company that, at the time coverage under the applicable policy commences, is (a) authorized to do business in the State and has a current policyholder’s management and financial size category rating of not less that “A –, VII” according to A.M. Best’s Insurance Reports Key Rating Guide or (b) otherwise approved in writing by TxDOT.
Qualified Insurers. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure
Qualified Insurers. The policy or policies of insurance must be issued by an insurer 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-Casualty/United States or xxxxxx.xxx If the insurance carrier is not an admitted carrier in the state of California and 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 with broad form $1,000,000 combined single property damage and contractual liability $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 Professional Liability Insurance $5,000,000 per claims made or 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 0012, CA 00 20, or a substitute form providing coverage at least as broad.
Qualified Insurers. Every contract of insurance providing the coverage required herein shall be with an insurer or eligible surplus lines insurer qualified to do business in the State of Nevada and with the equivalent, on a continuous basis, of a “Best Rating” of “A” or better and shall include provisions or endorsements:
Qualified Insurers. The policy or policies of insurance must be issued by an insurer licensed to do business in the State of California (California Admitted Carrier). Minimum insurance company ratings as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx shall be A- (Secure Best's Rating) and VIII (Financial Size Category). If the carrier is a non-admitted carrier in the State of California, CEO/Office of Risk Management retains the right to approve or reject 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:
AutoNDA by SimpleDocs
Qualified Insurers. All Contractor Insurance Policies shall be written by insurers reasonably acceptable to Owner and that are rated “A-” or higher by A.M. Best’s Key Rating Guide (a “Qualified Insurer”).
Qualified Insurers. An insurer satisfying the applicable requirements of this Section 1.7.2 shall be deemed to be a "Qualified Insurance Company." All primary insurers must be authorized to issue insurance in the State of California. All primary insurance coverage required by Section 1.7.1 (other than flood insurance and workers' compensation insurance) shall be provided by one or more insurers having a rating for claims paying ability of at least "AA" from S&P and an equal or equivalent rating from at least one other Rating Agency. If permitted by the laws of the State of California, the insurance required by clause (vi) of Section 1.7.1 may be provided by a state approved and regulated employer's self-insurance fund.
Qualified Insurers. All Contractor Insurance Policies shall be written by insurers that are authorized to do business in the state in which the Work is to be performed, and rated [*****] or higher by [*****]. 9.4
Time is Money Join Law Insider Premium to draft better contracts faster.