Common use of Financial Rating of Insurers Clause in Contracts

Financial Rating of Insurers. The insurance companies providing the required coverages shall be licensed to do so in New York State, and shall be rated no lower than “A-” by the most recent Best’s Key Rating Guide or Best’s Agent’s Guide, and shall have a Best’s Financial Size Category of not less than VIII, unless otherwise agreed to by ECMCC.

Appears in 4 contracts

Samples: Consulting Services Agreement, Insurance Requirements, Required Terms and Conditions

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Financial Rating of Insurers. The insurance companies providing the required coverages shall be licensed to do so in New York State, and shall be rated no lower than “A-” by the most recent Best’s Key Rating Guide or Best’s Agent’s Guide, and shall have a Best’s Financial Size Category of not less than VIII, unless otherwise agreed to by ECMCCthe Participants.

Appears in 2 contracts

Samples: Participation Agreement, Participation Agreement

Financial Rating of Insurers. The insurance companies providing the required coverages shall be licensed to do so in New York State, and shall be rated no lower than “A-” by the most recent Best’s Key Rating Guide or Best’s Agent’s Guide, and shall have a Best’s Financial Size Category of not less than VIII, unless otherwise agreed to by ECMCCBuyer.

Appears in 1 contract

Samples: Terms and Conditions of Purchase

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Financial Rating of Insurers. The insurance companies providing the required coverages shall be licensed to do so in New York State, and shall be rated no lower than “A-” by the most recent Best’s Key Rating Guide or Best’s Agent’s Guide, and shall have a Best’s Financial Size Category of not less than VIII, unless otherwise agreed to by ECMCCKaleida Health.

Appears in 1 contract

Samples: Terms and Conditions of Purchase

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