Common use of INSURER FINANCIAL RATING Clause in Contracts

INSURER FINANCIAL RATING. Insurance shall be maintained through an insurer with a A.M. Best Rating of no less than A:VII or equivalent, shall be admitted to the State of California unless otherwise waived by Risk Management, and with deductible amounts acceptable to the County. Acceptance of Contractor’s insurance by County shall not relieve or decrease the liability of Contractor hereunder. Any deductible or self-insured retention amount or other similar obligation under the policies shall be the sole responsibility of the Contractor.

INSURER FINANCIAL RATING. Insurance shall be maintained through an insurer with a an A.M. Best Rating of no less than A:: VII or equivalent, shall be admitted to the State of California unless otherwise waived acceptable by Risk Management, and with deductible amounts acceptable to the County. Acceptance of Contractor’s insurance by County shall not relieve or decrease the e liability of Contractor hereunder. Self-insured retentions must be declared and approved. Any deductible or self-insured retention amount or other similar obligation under the policies shall be the sole responsibility of the Contractor. The policy language shall provide or be endorsed to provide, that the self insured retention may be satisfied by either the named insured or County.

INSURER FINANCIAL RATING. Insurance shall be maintained through an insurer with a an A.M. Best Rating of no less than A:-VII or equivalent, shall be admitted to the State of California unless otherwise waived by Risk Management, and with deductible deductibles amounts acceptable to the County. Acceptance of ContractorLessor’s insurance by County shall not relieve or decrease the liability of Contractor Lessor hereunder. Any deductible or self-insured retention amount or other similar obligation under the policies shall be the sole responsibility of the ContractorLessor. 5.

INSURER FINANCIAL RATING. Insurance shall be maintained through an insurer with a an A.M. Best Rating of no less than A:VII or equivalent, shall be admitted to the State of California unless otherwise waived acceptable by Risk Management, and with deductible amounts acceptable to the County. Acceptance of Contractor’s insurance by County shall not relieve or decrease the liability of Contractor hereunder. Any deductible or self-insured retention amount or other similar obligation under the policies shall be the sole responsibility of the Contractor.

INSURER FINANCIAL RATING. Insurance shall be maintained through an insurer with a an A.M. Best Rating of no less than A:VII or equivalent, shall be admitted to the State of California unless otherwise waived by Risk Management, and with deductible amounts acceptable to the County. Acceptance of ContractorLICENSEE’s insurance by County shall not relieve or decrease the liability of Contractor LICENSEE hereunder. Any deductible or self-insured retention amount or other similar obligation under the policies shall be the sole responsibility of the ContractorLICENSEE.