Common use of Qualified Insurers Clause in Contracts

Qualified Insurers. Each of the insurance policies required hereunder shall be procured from an insurance carrier or company that, at the time coverage under the applicable policy commences is:

Appears in 46 contracts

Samples: Capital Maintenance Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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Qualified Insurers. Each of the insurance policies required hereunder shall be procured from an insurance carrier or company that, at the time coverage under the applicable policy commences is:: (a) authorized to do business in the State and has a current policyholder’s management and financial size category rating of not less that “A –, VII” according to A.M. Best’s Insurance Reports Key Rating Guide; or (b) otherwise approved in writing by TxDOT.

Appears in 10 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

Qualified Insurers. Each of the insurance policies required hereunder shall be procured from an insurance carrier or company that, at the time coverage under the applicable policy commences is:: (a) authorized to do business in the State and has a current policyholder’s management and financial size category rating of not less that “A –, VII” according to A.M. Best’s Insurance Reports Key Rating Guide; or

Appears in 8 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

Qualified Insurers. Each of the insurance policies Insurance Policies required hereunder shall be procured from an insurance carrier or company that, insurer that at the time coverage under the applicable policy commences and throughout the term that coverage is required is:

Appears in 2 contracts

Samples: Public Private Agreement, Public Private Agreement

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Qualified Insurers. Each of the insurance policies Insurance Policies required hereunder shall be procured from an insurance carrier or company that, insurer that at the time coverage under the applicable policy commences is:and throughout the term that coverage is required is:‌

Appears in 1 contract

Samples: Public Private Agreement

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