Insurer Requirements. All insurance required by express provision of this Agreement shall be carried only by responsible insurance companies that are rated “A-” and “V” or better by the A.M. Best Key Rating Guide, and are licensed to do business in the State of California. CITY will accept insurance provided by non-admitted “surplus lines” carriers only if the carrier is authorized to do business in the State of California.
Appears in 4 contracts
Samples: Agreement Between the City of Murrieta, Agreement Between The, Agreement Between The
Insurer Requirements. All insurance required by express provision of this Agreement shall be carried only by responsible insurance companies that are rated “A-” and “V” or better by the A.M. Best Key Rating Guide, and are licensed to do business in the State of California. CITY Customer will accept insurance provided by non-admitted “surplus lines” carriers only if the carrier is authorized to do business in the State of California.
Appears in 1 contract
Samples: Subscription Agreement
