ORANGE, COUNTY OF - SOCIAL SERVICES AGENCY- 2005

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1 insurance must be maintained by CONTRACTOR through the entirety of this 2 Agreement for inspection by County representative(s) at any reasonable time. 3 12.4 All insurance policies required by this Agreement shall declare 4 any deductible or self-insured retention (SIR) in an amount in excess of 5 $25,000 ($5.000 for automobile liability), which shall specifically be 6 approved by the County Executive Office (CEO)/Office of Risk Management. 7 CONTRACTOR sha 11 be res pons i b 1 e for rei mbursement of any deduct i b 1 e to the 8 insurer. Any self-insured retentions (SIRs) or deductibles shall be clearly 9 stated on the Certificate of Insurance. 10 12.5 If CONTRACTOR fails to maintain insurance acceptable to COUNTY for 11 the full term of this Agreement, COUNTY may terminate this Agreement. 12 12.6 The policy or policies of insurance required herein must be issued 13 by an insurer licensed to do business in the State of California (California 14 Admitted Carrier). If the insurer is not licensed to do business in the State 15 of California, AOMINISTRATOR retains the right to approve or reject the 16 insurer after a review of the insurer's performance and financial ratings by 17 the County Executive Office (CEO)/Office of Risk Management. 18 12.7 The policy or policies of insurance required herein must be issued 19 by an insurer with a minimum rating of "A- (Secure Best's Rating)" and a 20 minimum financial rating of "VIII (Financial Size Category)," as determined by 21 the most current edition of the Best's Key Rating Guide/Property- 22 Casualty/United States or by going on-line to "ambest.com." 23 12.8 The policy or polices of insurance maintained by CONTRACTOR shall 24 provide the minimum limits and coverage as set forth below: 25 / / / 26 / / / 27 /// 28 / / / (WSH060S) 18 of 37 (March 7. 2005)