BOBKO LAW APC - Laserfiche WebLink

Home Browse Search

not available,through the addition of bath Co 2010,CO 20 26,CO 20 33, or CO 20 38;and CO 20 37 forms if later revisions used), i. Primary Coverage- For any claims related to this contract, Attorneys' insurance coverage shall be primary coverage at least as broad as ISO CO 20 01 04 13 as respects the City of Santa AM, its offieers, officials, employees,and volunteers, Any insurance or self-insurance maintained by the City of Santa Ma, its officers, officials,employees,or volunteers shall be excess of Attorneys' insurance and shall not contribute with it iii. Notice of Cancellation Each insurance policy required above shall state that coverage shall not be canceled,except with notice to the City, f. Waiver of Subrogation-Attorneys hereby grant to City a waiver of any right to subrogation,which any insurer of said Attorneys may acquire against the City by virtue of the payment of any loss under such insurance. Attorneys agree to obtain any endorsement that may be necessary to affect this waiver of subrogation,but this provision applies regardless of whether or not the City has received a waiver of subrogation endorsement from the insurer. g. Self-Insured Retentions-Self-Insured,ctenlionsmust be declared to and appr ed by the City.The City may require the Attorneys to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations,claim administration, and defense expenses within the retention, The policy language shall provide, or be endorsed to provide, that the self-insured retention may be satisfied by either the named insured or City, h; Acceptability of Insurers - Insurance is to be placed with Insurers anthariaed to conduct business in the state with a current A.M.Best's rating of no less than A:VII, unless otherwise acceptable to the City. Claims Made Policies-.If any of the moulted policies provide coverage on a claims- made basis: I. The Retroactive Date must be shown and must be before the date of the contract orthebeginning of contract work. ii. Insurance must be maintained and evidence of insurance must he provided for at least five (5)years after completion of the contract of work. in. If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a Retroactive Date prior to the contract naive date, the Attorneys must purchase°'extended reporting"coverage for a minimum of live(5)yews after completion of contract work. j. Verification of Coverage — Attorneys shall finish the City with original Certificates of Insurance including,all required amendatory endorsements(or copies ofthe applicable policy language effecting coverage requnedhy this clause) and a copy of the 4