Common use of Qualifications of Insurer Clause in Contracts

Qualifications of Insurer. The insurance shall be provided by an acceptable insurance provider, as determined by City, which satisfies all of the following minimum requirements: (i) An insurance carrier admitted to do business in California and maintaining an agent for service of process within this State; and, (ii) An insurance carrier with a current A.M. Best Rating of A:VII or better (except for workers’ compensation provided through the California State Compensation Fund).

Appears in 6 contracts

Samples: Professional Services, Terms and Conditions for Services and Public Works Contracts, Professional Services

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