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All self-Insured retentions(SIRS)shall be clearly stated on the Certificate of Insurance. Any SIRS in <br /> excess of Fifty Thousand Dollars $50,000 shall specifically be approved by the County's Risk <br /> Manager,or designee,The County reserves the right to require current audited financial reports from <br /> Contractor. If Contractor is self-insured,Contractor will indemnify the County for any and all claims <br /> resulting or arising from.Contractor's services in accordance with the indemnity provision stated in <br /> this contract. <br /> If the Contractor fails to maintain insurance acceptable to the County for the full term of this Contract, <br /> the County may terminate this Contract. <br /> Qualified Insurer <br /> The policy or policies of insurance must be issued by an insurer with a minimum rating of A-(Secure <br /> A.M.Best's Rating) and VIII(Financial Size Category as determined by the most current edition of <br /> the Best's Ivey Rating Guide/Property-Casualty/United States or ambest.com). <br /> If the insurance carrier does not have an A.M.Best Rating of A-IVIII,CEO/Risk Management retains <br /> the right to approve or reject a carrier after a review of the company's performance and financial <br /> ratings. <br /> The policy or policies of insurance maintained by the Contractor shall provide the minimum limits <br /> and coverage as set forth below: <br /> Coyernae Minimum Limits <br /> Commercial General Liability $1,000,000 per occurrence <br /> $2,000,000 aggregate <br /> Automobile Liability including coverage $1,000,000 combined <br /> owned or scheduled,non-owned and hired vehicles single limit each accident <br /> Workers Compensation Statutory <br /> Employers Liability Insurance $1,000,000 per accident or disease <br /> Network Security&Privacy $1,000,000 per claims-made <br /> Liability <br /> Technology Errors&Omissions $2,000,000 per claims made <br /> $2,000,000 aggregate <br /> Increased insurance limits may be satisfied with Excess/Umbrella policies.Excess/Umbrella policies <br /> when required must provide Follow Form coverage. <br /> Re aired Coverage Forms <br /> The Commercial General Liability coverage shall be written on occurrence basis utilizing Insurance <br /> Services Office (ISO) form CG 00 01, or a substitute form providing liability coverage at least as <br /> broad. <br /> The Business Auto Liability coverage shall be written on ISO form CA 00 01,CA 00 05, CA 0012, <br /> CA 00 20,or a substitute form providing coverage at least as broad, <br /> Coundy of Orange MA-060--25010178 File No,2424402 <br /> ShorW'Cmvnar/Furchgsing Services Bureau Public Mass Nott8cadion 4nem Page 7 of 57 I <br />