Laserfiche WebLink
The policy must "pay on behalf of the insured and must include a provision establishing <br />the insurer's duty to defend. The policy retroactive date shall be on or before the effective <br />date of this agreement. <br />Insurance procured pursuant to these requirements shall be written by insurers that are <br />admitted carriers in the state of California and with an A.M. Best's rating of A- or better <br />and a minimum financial size VII. <br />General conditions pertaining to provision of insurance coverage by Consultant. <br />Consultant and City agree to the following with respect to insurance provided by <br />Consultant. <br />1. Consultant agrees to have its insurer endorse the third party general liability coverage <br />and the business auto coverage required herein to include as additional insureds the <br />City, its officers, elected officials, employees, agents, and volunteers using standard <br />ISO endorsement No. CG 20 10 or an approved equivalent. If completed operations <br />coverage is excluded, the policy must be endorsed to include such coverage. <br />Consultant also agrees to require all contractors, and subcontractors to do likewise. <br />2. No liability insurance coverage provided to comply with this Agreement shall prohibit <br />Consultant, or Consultant's employees, or agents, from waiving the right of subrogation <br />prior to a loss. Consultant agrees to waive subrogation rights against City regardless of <br />the applicability of any insurance proceeds, and to require all contractors and <br />subcontractors to do likewise. <br />3. The worker's compensation policy is to be endorsed with a waiver of subrogation. The <br />insurance company, in its endorsement, agrees to waive all rights of subrogation against <br />the City, its officers, elected officials, employees, agents, and volunteers for losses paid <br />under the terms of this policy which arise from the work performed by the named insured <br />for the City. <br />4. All insurance coverage and limits provided by Consultant and available or applicable to <br />this agreement are intended to apply to the full extent of the policies. Nothing contained <br />in this Agreement or any other agreement relating to the City or its operations limits the <br />application of such insurance coverage. <br />5. None of the coverages required herein shall be in compliance with these requirements <br />if they include any limiting endorsement of any kind that has not been first submitted to <br />City and approved of in writing. <br />6. No liability policy shall contain any provision or definition that would serve to eliminate <br />so-called "third party action over" claims, including any exclusion for bodily injury to an <br />employee of the insured or of any contractor or subcontractor. <br />7. All coverage types and limits required are subject to approval, modification and <br />additional requirements by the City, as the need arises. Consultant shall not make any <br />reductions in scope of coverage (e.g. elimination of contractual liability or reduction <br />of discovery period) that may affect City's protection without City's prior written consent. <br />8. Proof of compliance with these insurance requirements, consisting of certificates of <br />insurance evidencing all of the coverages required and an additional insured <br />endorsement to Consultant's general liability policy, shall be delivered to City at or prior <br />to the execution of this Agreement. In the event such proof of any insurance is not <br />delivered as required, or in the event such insurance is canceled at any time and no <br />REV: 08-24-2020 RL <br />ATTY/AGR.2020.160/4LEAF, Inc. (Page 18 of 20) <br />