Sufficiency of Insurer. Insurance required by this Agreement shall be satisfactory only if issued by companies qualified to do business in California, rated “A” or better in the most recent edition of Best Rating Guide, The Key Rating Guide or in the Federal Register, and only if they are of a financial category Class VII or better, unless such requirements are waived by the Risk Manager of the City (“Risk Manager”) due to unique circumstances. If this Agreement continues for more than 3 years duration, or in the event the risk manager determines that the work or services to be performed under this Agreement creates an increased or decreased risk of loss to the City, the Consultant agrees that the minimum limits of the insurance policies may be changed accordingly upon receipt of written notice from the Risk Manager.
Sufficiency of Insurer. Insurance required by this Agreement shall be satisfactory only if issued by companies qualified to do business in California, rated “A” or better in the most recent edition of Best Rating Guide, The Key Rating Guide or in the Federal Register, and only if they are of a financial category Class VII or better, unless such requirements are waived by City due to unique circumstances. If this Agreement continues for more than three years duration, or in the event City determines that the work or services to be performed under this Agreement creates an increased or decreased risk of loss to City, Company agrees that the minimum limits of the insurance policies may be changed accordingly upon receipt of written notice from City.
Sufficiency of Insurer. Insurance or bonds required by this Agreement shall be satisfactory only if issued by companies qualified to do business in Missouri, rated “A” or better in the most recent edition of Best’s Rating Guide or in the Federal Register, unless such requirements are waived by the Developer due to unique circumstances. In the event the Developer determines that the work or services to be performed under this Agreement creates an increased or decreased risk of loss to the Developer, the Contractor agrees that the minimum limits of the insurance policies and the performance and maintenance bond required by this Section 5 may be changed accordingly upon receipt of written notice from the Developer, and any additional insurance premiums incurred by Contractor shall be added to the Contract Sum.
Sufficiency of Insurer. Insurance required by this Agreement shall be satisfactory only if issued by companies qualified to do business in California, rated ''A-" or better in the most recent edition of Best Rating Guide, The Key Rating Guide or in the Federal Register, and only if they are of a financial category Class VII or better, unless such requirements are waived by the Risk Manager of the Agency ("Risk Manager") due to unique circumstances.
