Common use of Insurance Carrier Required Rating Clause in Contracts

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