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<br />The Parties expressly agree that any reasonable payment, attorney's fee, cost or expense <br />City incurs or makes to or on behalf of an injured employee under the City's self-administered <br />workers' compensation is included as a loss, expense or cost for the purposes of this section. <br /> <br /> 7. Insurance. Contractor shall obtain and maintain for the duration of the <br />Agreement and any and all amendments, insurance against claims for injuries to persons or damage <br />to property which may arise out of or in connection with performance of the Services by Contractor <br />or Contractor’s agents, representatives, employees or subcontractors. The insurance carrier is <br />required to maintain an A.M. Best rating of not less than “A-:VII”. <br /> <br />7.1. Coverages and Limits. Contractor, at its sole expense, shall maintain the <br />types of coverages and minimum limits indicated below, unless otherwise approved by <br />City in writing. These minimum amounts of coverage will not constitute any limitations <br />or cap on Contractor's indemnification obligations under this Agreement. <br /> <br />7.1.1. Commercial Marine Liability Insurance and Commercial <br />General Liability Insurance, both with limits not less than $1,000,000 per <br />occurrence. If the submitted policies contain aggregate limits, such limits will apply <br />separately to the project or location that are the subject of this Agreement or the <br />aggregate will be twice the required per occurrence limit. The policies shall include <br />coverage for bodily injury, property damage and clean-up costs arising from <br />pollution. Both the Commercial Marine Liability Insurance policy and the <br />Commercial General Liability insurance policy shall be endorsed to name the City, <br />its officers, agents, employees and volunteers as additional insureds and to state <br />that the insurance will be primary and not contribute with any insurance or self- <br />insurance maintained by the City. <br /> <br />7.1.2. Business Automobile Liability Insurance with limits not less than <br />$1,000,000 per accident for owned, hired and non-owned automobiles. <br /> <br />7.1.3. Workers' Compensation Insurance as required by California Law <br />and Employer’s Liability insurance with limits not less than $1 million per accident <br />for bodily injury or disease. The workers’ compensation insurance shall contain an <br />endorsement stating the insurer waives any right of subrogation against the City, its <br />elected and appointed officials, employees and volunteers. The workers’ <br />compensation policy shall be endorsed to include coverage as required under the <br />U.S. Longshore and Harbor Worker’s Compensation Act. The Employer’s <br />Liability policy shall be endorsed to include coverage under the Jones Act. <br /> <br />7.1.4. Professional Liability Insurance with limits of not less than <br />$1,000,000 per occurrence. <br /> <br />7.2. Notice of Cancellation. This insurance will be in force during the life of <br />the Agreement and any extensions of it and will not be canceled without Contractor <br />ATTY/AGR/2014.166/SILVERADO CONTRACTORS-PAM AM BARGE REMOVAL <br />REV: 09-09-14 VR <br />Page 3 of 8 <br /> <br />7.1.D. - Page 6