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Notice of Cancellation <br />Each insurance policy required above shall provide that coverage shall not be canceled, <br />exceptwith notice to the City. <br />Acceptability of Insurers <br />Insurance is to be placed with insurers authorized to conduct business in the state with a <br />current <br />A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the City. <br />verification of Coverage <br />Kanopy shall furnish the City with original Certificates of Insurance including all required <br />amendatory endorsements (or copies of the applicable policy language effecting coverage required <br />by this clause) and a copy of the Declarations and Endorsement Page of the CGL policy listing all <br />policy endorsements to City before work begins. However, failure to obtain the required <br />documents prior to the work beginning shall not waive Kanopy's obligation to provide them. The <br />City reserves the right to require complete, certified copies of all required insurance policies, <br />including endorsements required by these specifications, at any time. <br />Waiver of Subrogation <br />Kanopy hereby grants to the City a waiver of any right to subrogation which any insurer of said <br />Kanopy may acquire against the City by virtue of the payment of any loss under such insurance. <br />Kanopy agrees to obtain any endorsement that may be necessary to affect this waiver of <br />subrogation, but this provision applies regardless of whether or not the City has received a waiver <br />of subrogation endorsement from the insurer <br />Special Risks or Circumstances <br />City reserves the right to modify these requirements at any time, including limits, based on the <br />nature of the risk, prior experience, insurer, coverage, or other special circumstances. <br />