Common use of Insurance Carrier Required Rating Clause in Contracts

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.

Appears in 16 contracts

Samples: Consulting Agreement, Grant Agreement, Grant Agreement

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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.

Appears in 7 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

Insurance Carrier Required Rating. All insurance companies carriers must carry an AM Best rating of at least an A–” with A-“with a financial category rating of no lower than VI. If the Grantee contractor is self-insured for a portion or all of its insurance, review documentation of financial information including a letter self-insurance must be submitted and approved by the Department of credit may be requiredGeneral Services, Office of Risk and Insurance Management.

Appears in 2 contracts

Samples: Standard Agreement, Standard Agreement

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 Contractor is self-insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.

Appears in 2 contracts

Samples: Master Service Agreement, Master Service Agreement

Insurance Carrier Required Rating. All insurance companies must carry an AM Best Best8 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 information, including a letter of credit credit, may be required.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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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 Contractor is self-insured for a portion or all of its insurance, review of financial information including a letter of credit may be required.

Appears in 2 contracts

Samples: Laboratory Testing Services Agreement, Standard Agreement

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.

Appears in 1 contract

Samples: Grant Agreement

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