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6. Acceptability of Insurers- Insurance is to be placed with insurers <br />authorized to conduct business in the state with a current A.M. Bcst's <br />rating of no less than A:VII, unless otherwise acceptable to the City. <br />7. Claims Made Policies (applicable only to professional liability, see <br />below)- Warty of the required policies provide claims ­made coverage, <br />a. The Retroactive Dale must be sbown, and must be before the <br />date of the contract or the beginning of contract work. <br />b_ Insurance must be maintained and evidence of insurance must <br />be, provided for at least five (5) years after Completion of the <br />contract of work. <br />c, If coverage is canceled or nQn-renewed, and not replaced with <br />another claims -made policy form witli a Retroactive Date prior <br />to the contract effective date, the Consultant must purchase <br />"extended reporting" coverage fora minimum off <br />ve (S) years <br />'after completion of work. <br />8. Verification of Coverage- The Consultant shall 64mish .the City with <br />original Certificates of Insurance including all required amendatory <br />endorsements (or, copies of the applicable policy language effecting <br />coverage required by This.clause) and a copy of the Molarations and <br />Endorsement Page of the COL policy listing all policy endorsements to <br />Entity h6fore services are performed pursuant to this Agreement. <br />However, failure to obtain the required documents prior to the work. <br />beginning shall not waive the Consultant's obligation to provide them. <br />The City reserves thaxigbt to require complete, ceitihed copies of all <br />required insurance policies, including endorsements required by these <br />specifications, at any time. Failure of the Consultant to provide the <br />required verification of coverage prior to the start of any services.shall <br />be grounds for immediate termination of this Agreement, <br />9. Special Risks or Circumstances- City reserves the right to'modify these <br />reguirements,'including limits, based on the nature of the risk, prior <br />experience, `nsurer,'coverage, brother special circumstances: <br />6.. IN D'EMlmiUICA TION <br />A. Consultant agrees to defend, and shall indemnify and bold harmless the -City its of racers, <br />agents, employees, consultants, special counsel, and .rap tosoatativesfrom liability: (1) for <br />out of claims,tor per$onal.inlury, including death,, and claims for property damage, which <br />may arise from the negligent operations of the =Consultant, ` its subcontractors, agents, <br />bmployees, or other persons acting on its behalf which relates to the services described in <br />page 4 of0 <br />