Qualifying Insurers Sample Clauses
The 'Qualifying Insurers' clause defines the standards and requirements that insurance providers must meet to be acceptable under the terms of the contract. Typically, this clause specifies criteria such as minimum financial ratings, regulatory approvals, or jurisdictional qualifications that insurers must possess to provide coverage for the parties involved. By setting these benchmarks, the clause ensures that any insurance obtained is reliable and that claims will be honored, thereby protecting the parties from the risk of inadequate or non-compliant insurance coverage.
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Qualifying Insurers. For insurance to satisfy the requirements of this section, all required insurance must be issued by an insurer with an A.M. Best rating of A - or better that is approved to do business in the State of California.
Qualifying Insurers. All policies required shall be issued by acceptable insurance companies, as determined by District, which satisfy the following minimum requirements: Insurance carriers shall be qualified to do business in California and maintain an agent for service of process within the state. Such insurance carrier shall have not less than an “A” policyholder’s rating and a financial rating of not less than “Class X” according to the latest Best Key Rating Guide.
Qualifying Insurers. All coverages, except surety, shall be issued by companies which hold a current policy holder's alphabetic and financial size category rating of not less than A- V, according to the current Best's Key Rating Guide or a company of equal financial stability that is approved by the County's Insurance Manager.
Qualifying Insurers. Consultant will maintain, or cause to be maintained, insurance issued by an insurance company or companies that are rated “A-VII” or higher by A. M. Best’s key rating guide, and are authorized to do business in the State of California.
Qualifying Insurers. All required policies of insurance shall be issued by companies which have been approved to do business in the State of California by the State Department of Insurance, and which hold a current policy holder’s alphabetic and financial size category rating of not less than A, VII according to the current Best’s Key Rating guide, or a company of equal financial stability that is approved in writing by County Risk Management.
Qualifying Insurers. (i) All policies required shall be issued by acceptable insurance companies, as determined by the City, which satisfy the following minimum requirements:
(1) Each such policy shall be from a company or companies with a current A.M. Best's rating of no less than A:VII and admitted to transact in the business of insurance in the State of California, or otherwise allowed to place insurance through surplus line brokers under applicable provisions of the California Insurance Code or any federal law.
Qualifying Insurers. All coverage’s, except surety, shall be issued by companies which hold a current policy holder’s alphabetic and financial size category rating of not less than A- VII, according to the current Best’s Key Rating Guide or a company of equal financial stability that is approved by the County’s Purchasing Manager. DocuSign Envelope ID: D5206839-6F47-4A0A-B1F2-2E36610B484E DocuSign Envelope ID: 68B54AD9-47F9-462F-B69D-DAF6B172E97B
Qualifying Insurers. Policies shall be issued by companies which hold a current policyholders alphabetic and financial size category rating of not less than A:X according to Best's Insurance Reports.
Qualifying Insurers. All of the insurance companies providing insurance for Contractor shall have, and provide written proof of, an A. M. Best rating of at least A minus 6 (A- VI) or shall be an insurance company of equal financial stability that is approved by the City or its insurance compliance representatives. ETHICAL STANDARDS FOR CONTRACTORS SEEKING TO ENTER INTO AN AGREEMENT WITH THE CITY OF SANTA CLARA, CALIFORNIA
Qualifying Insurers according to not less than A- VII,