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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />it <br />IZ <br />]3 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />2s <br />insurer. Any self-insured retentions (SIRS) or deductibles shall be clearly <br />stated on the Certificate of Insurance. <br />12.5 If CONTRACTOR fails to maintain insurance acceptable to COUNTY for <br />the full term of this Agreement, COUNTY may terminate this Agreement. <br />12.6 The policy or policies of insurance required herein must be issued <br />by an insurer licensed to do business in the State of California (California <br />Admitted Carrier). If the insurer is not licensed to do business in the State <br />of California, ADMINISTRATOR retains the right to approve or reject the <br />insurer after a review of the insurer's performance and financial ratings by <br />the County Executive Office (CEO)/Office of Risk Management. <br />12.7 The policy or policies of insurance required herein must be issued <br />by an insurer with a minimum rating of "A- (Secure Best's Rating)"' and a <br />minimum financial rating of "VIII (Financial Size Category)," as determined by <br />the most current edition of the Best's Key Rating Guide/Property- <br />Casualty/United States or by going on-line to "ambest.com." <br />12.8 The policy or polices of insurance maintained by CONTRACTOR shall <br />provide the minimum limits and coverage as set forth below: <br />Coverage Minimum Limits <br /> Per Occurrence* Annual A9gregate* <br />Commercial General Liability with <br />broad form property damage and $1,O0O,OOD X2,000,000 <br />contractual liability <br />Automobile Liability (covering all <br /> $1,000,000 X1,000,000 <br />owned, non-owned and hired vehicles) <br />Workers' Compensation Statutory Statutory <br />Employers' Liability $1,000,000 S1,DOO.OD0 <br />12.9 All liability insurance required by this Agreement shall be at <br />least $1,OD0,000 combined single limit per occurrence. The minimum aggregate <br />(~ABCOo07 ) <br />19 Of 4D (April 9, 2007) <br />