Insurance Carrier Required Rating Sample Clauses

Insurance Carrier Required Rating. All insurance companies must carry a rating acceptable to the Office of Risk and Insurance Management. If the Contractor is self-insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.
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Insurance Carrier Required Rating. All insurance companies must carry an AM Best rating of at least “A–” with a financial category rating of no lower than VI. If the Grantee is self-insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.
Insurance Carrier Required Rating. All insurance companies must carry a rating acceptable to the Office of Risk and Insurance Management – A or better and financial size category of VII or better to the latest edition of the A.M. Best Key Rating Guide. If the Contractor is self- insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.
Insurance Carrier Required Rating. All insurance companies must carry an AM Best rating of at least “A–” with a financial category rating of no lower than VII. If the Subrecipient, Developer and/or Contractor is self- insured for a portion or all of its insurance, review of financial information including a letter of credit may be required. Acceptance of self-insurance is within the sole discretion of the Department, and the Department reserves the right to require insurance from third-party commercial insurers.
Insurance Carrier Required Rating. All insurance companies must carry a rating acceptable to the ORIM. If the Contractor is self-insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.
Insurance Carrier Required Rating. All insurance companies must carry a rating acceptable to the State of California Office of Risk and Insurance Management. If the Contractor is self-insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.
Insurance Carrier Required Rating. All insurance companies must carry an AM Best rating of at least “A–” with a financial category rating of no lower than VII. Verily will provide a Certificate of Insurance for its E&O coverage.
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Insurance Carrier Required Rating. All insurance companies must carry a rating acceptable to the Office of Risk and Insurance Management. If Blue Shield is self- insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.
Insurance Carrier Required Rating. All insurance companies must carry a rating acceptable to the Department of General Services, Office of Risk and Insurance Management (ORIM). If the Contractor is self-insured for a portion or all of its insurance, review of financial information including a letter of credit may be required. Department of General Services, ORIM Website: xxxxx://xxx.xxx.xx.xxx/ORIM 13 State Responsible: The State will not be responsible for any premiums or assessments on the policy. Attachment E State of California MASTER SERVICES AGREEMENT TMU 5-19-88-01 CONTRACTOR CERTIFICATION CLAUSES (CCC-307) CERTIFICATION I, the official named below, CERTIFY UNDER PENALTY OF PERJURY that I am duly authorized to legally bind the prospective Contractor to the clause(s) listed below. This certification is made under the laws of the State of California. Contractor/Bidder Firm Name (Printed) Federal ID Number By (Authorized Signature) Printed Name and Title of Person Signing Date Executed Executed in the County of CONTRACTOR CERTIFICATION CLAUSES
Insurance Carrier Required Rating. All insurance companies must carry a rating acceptable to the Office of Risk and Insurance Management. “A” or better and a financial size category of “VII” or better to the latest edition of the A.M. Best Key Rating Guide. Any other rating classification requires State approval. If the Contractor is self insured for a portion or all of its insurance, review of financial information including a letter of credit may be required. (7) Endorsements – Any required endorsements requested by the State must be physically attached to all requested certificates of insurance and not substituted by referring to such coverage on the certificate of insurance. This endorsement must be supplied under form acceptable to the Office of Risk and Insurance Management. The policy(ies) must provide additional insurance language as follows: The State of California, its officers, agents and employees as additional insured, but only with respect to work performed for the State of California under the contract. In the case of Contractor’s utilization of subcontractors to complete the contracted scope of work, contractor shall include all subcontractors as insured’s under Contractor’s insurance or supply evidence of insurance to The State equal to policies, coverages and limits required of Contractor. (8) Inadequate Insurance – Inadequate or lack of insurance does not negate the contractor’s obligations under the contract. B. Insurance Requirements (1) Commercial General Liability – Contractor shall maintain general liability on an occurrence form with limits not less than $1,000,000 per occurrence for bodily injury and property damage liability combined with a $2,000,000 annual policy aggregate. The policy shall include coverage for liabilities arising out of premises, operations, independent contractors, products, completed operations, personal & advertising injury, and liability assumed under an insured contract. This insurance shall apply separately to each insured against whom claim is made or suit is brought subject to the Contractor’s limit of liability. The policy must be endorsed. (2)
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