Standards for Insurers. Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X. For Workers’ Compensation Insurance, insurance issued by the State Compensation Fund is also acceptable.
Appears in 173 contracts
Samples: Chula Vista Consultant Services Agreement, Master Services and Hosting Agreement, Chula Vista Consultant Services Agreement
Standards for Insurers. Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X. For Workers’ Worker’s Compensation Insurance, insurance issued by the State Compensation Fund is also acceptable.
Appears in 3 contracts
Samples: Cooperative Purchasing Agreement, Cooperative Purchasing Agreement, Cooperative Purchasing Agreement
Standards for Insurers. Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X. A-VII. For Workers’ Compensation Insurance, insurance issued by the State Compensation Fund is also acceptable.
Appears in 2 contracts
Samples: Chula Vista Consultant Services Agreement, Chula Vista Consultant Services Agreement
Standards for Insurers. Required Insurance must be placed with licensed insurers admitted to transact transacting business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X. For Workers’ Compensation Insurance, insurance issued by the State Compensation Fund is also acceptable.
Appears in 1 contract
Samples: Provide Property Management Services