Common use of Insurer Requirements and Endorsements Clause in Contracts

Insurer Requirements and Endorsements. All required insurance shall be carried by reputable insurers qualified to underwrite insurance in the state where the interconnection is located having a Best Rating of “A-”. In addition, all insurance shall, (a) include Interconnecting Transmission Owner and System Operator as additional insureds; (b) contain a severability of interest clause or cross-liability clause;

Insurer Requirements and Endorsements. All required insurance shall be carried by reputable insurers qualified to underwrite insurance in the state where the interconnection is located having a Best Rating of “A-”. In addition, all insurance shall, (a) include Interconnecting Transmission Owner and System Operator as additional insuredsinsured; (b) contain a severability of interest clause or cross-liability clause;