Common use of Qualifying Insurers Clause in Contracts

Qualifying Insurers. All policies required shall be issued by acceptable insurance companies, as determined by District, which satisfy the following minimum requirements: Insurance carriers shall be qualified to do business in California and maintain an agent for service of process within the state. Such insurance carrier shall have not less than an “A” policyholder’s rating and a financial rating of not less than “Class X” according to the latest Best Key Rating Guide.

Qualifying Insurers. All policies required shall be issued by acceptable insurance companies, as determined by Districtthe Authority, which satisfy the following minimum requirements: Insurance carriers shall be qualified admitted to and authorized to do business in California and maintain an agent for service of process within the state. Such insurance carrier shall have not less than an “"A” " policyholder’s 's rating and a financial rating of not less than “"Class X” V" according to the latest Best Key Rating Guide.

Qualifying Insurers. All policies required shall be issued by acceptable insurance companies, as determined by the District, which satisfy the following minimum requirements: Insurance carriers shall be qualified to do business in California and maintain an agent for service of process within the stateState. Such insurance carrier shall have not less than an “‘A” ’ policyholder’s 's rating and a financial rating of not less than “Class XVII” according to the latest Best Key Rating Guide. Due to market fluctuations in the Workers Compensation sector, the District reserves the right and at its sole discretion to review and accept the Consultant’s proposed Workers compensation insurance.