Common use of Qualified Insurer Clause in Contracts

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

Appears in 73 contracts

Samples: Contract for Provision of Shelter Operator Services, Contract for Emergency Shelter Operations and Services, Emergency Shelter Operations and Services Contract

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Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier).. // 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

Appears in 2 contracts

Samples: Behavioral Health Outpatient Services Agreement, Behavioral Health Outpatient Services Agreement

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Property- Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

Appears in 2 contracts

Samples: Housing and Disability Advocacy Program Services Contract, Agreement for the Provision of Surge Nursing Services

Qualified Insurer. 1. The policy or policies polices of insurance required herein must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's ’s Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's ’s Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state State of California (California Admitted Carrier). 2. If the insurance Insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's ’s performance and financial ratingsrating.

Appears in 1 contract

Samples: Memorandum of Understanding

Qualified Insurer. 1. The policy or policies of insurance required herein must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratingsrating.

Appears in 1 contract

Samples: Memorandum of Understanding

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's ’s Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's ’s Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's ’s performance and financial ratings.

Appears in 1 contract

Samples: Agreement for Provision of Adult in Home Crisis Stabilization Services

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, // but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

Appears in 1 contract

Samples: Agreement for Provision of Services

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier is not an admitted carrier in the state of California and does not have an A.M. Best Rating rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.. // // // // // // // // // // 11 // 22

Appears in 1 contract

Samples: Agreement for Provision of Hospital Services

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Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier is not an admitted carrier in the state of California and does not have an A.M. Best Rating rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

Appears in 1 contract

Samples: Agreement for Provision of Socialization Program/Early Intervention Services for Isolated Adults and Older Adults

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Property- Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.. County of Orange, Health Care Agency Contract MA-042-19010174

Appears in 1 contract

Samples: Contract for Wraparound Behavioral Health Outpatient Services

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, ,but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier).California 2. If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.'s

Appears in 1 contract

Samples: Contract for Alcohol and Other Drug Abuse Prevention Services

Qualified Insurer. 1. The policy or policies of insurance must be issued by an insurer with licensed to do business in the state of California (California Admitted Carrier) or have a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or xxxxxx.xxx). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). 2. If the insurance carrier is not an admitted carrier in the state of California and does not have an A.M. Best Rating rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

Appears in 1 contract

Samples: Agreement for Provision of Transitional Age Youth Crisis Residential Services

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