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iv. The Developer's insurance shall apply separately to each insured against whom <br />claim is made or suit is brought, except with respect to the limits of the insurer's <br />liability. <br />B. All Coverages. <br />Each insurance policy required by this clause shall be endorsed to state that coverage <br />shall not be suspended, voided, canceled by either Party, reduced in coverage or in limits <br />except after thirty (30) days prior written notice by certified mail, return receipt requested, <br />has been given to the City. <br />5. Acceptability. of Insurers. Insurance is to be placed with insurers with a Best's rating of no less than <br />A:VII. <br />6. Verification of Coverage. Participants shall furnish City with certificates of insurance and with <br />original endorsements effecting coverage required by this clause. The certificates and <br />endorsements for each insurance policy are to be signed by a person authorized by that insurer to <br />bind coverage on its behalf. The certificates and endorsements are to be received and approved <br />by the City. The City reserves the right to require complete, certified copies of all required <br />insurance policies, at any time. <br />7. The risk manager of the City may approve a variation in those insurance requirements upon a <br />determination that the coverages, scope, limits and forms of such insurance .are either not <br />commercially available or that the City's interests are otherwise fully protected. <br />J:IwpolMnrsw113fi10011AGREE120021CitizenslExhibit C 2 042402.doc <br />