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PSOMAS (11)
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Last modified
10/9/2024 4:11:21 PM
Creation date
4/17/2024 2:48:10 PM
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Contracts
Company Name
PSOMAS
Contract #
A-2023-194-15
Agency
Planning & Building
Council Approval Date
11/7/2023
Expiration Date
11/7/2028
Insurance Exp Date
4/1/2025
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ENDORSEMENT <br />This endorsement, effective 12:01 A.M. 04/01/2024 <br />forms a part of Policy No. CA4489706 <br />issued to Psomas <br />by NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA. <br />WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US <br />This endorsement modifies insurance provided under the following: <br />BUSINESS AUTO COVERAGE FORM <br />Section IV - Business Auto Conditions, A. - Loss Conditions, 5. - Transfer of Rights of Recovery <br />Against Others to Us, is amended to add: <br />However, we will waive any right of recover we have against any person or organization with whom you have <br />entered into a contract or agreement because of payments we make under this Coverage Form arising out of <br />an "accident" or "loss" if: <br />(1) The "accident" or "loss" is due to operations undertaken in accordance with the contract existing <br />between you and such person or organization; and <br />(2) The contract or agreement was entered into prior to any "accident" or "loss". <br />No waiver of the right of recovery will directly or indirectly apply to your employees or employees of the <br />person or organization, and we reserve our rights or lien to be reimbursed from any recovery funds obtained <br />by any injured employee. <br />AUTHORIZED REPRESENTATIVE <br />Risk Muoganent Division <br />tt REVIEWED & APPROVED BY. <br />-- Risk Management Specialist <br />62897 (6/95) Includes copyrighted material of Insurance Services Office, Inc. with its permission. Page 1 of 1 <br />
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