Agmt 2001 SCS Development Co - Laserfiche WebLink

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.~ d. The Subdivider's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer's liability. 2. Workers' Compensation and Employers Liability Coverage. The insurer shall agree to waive all rights of subrogation against the City, its officers, officials, employees and volunteers for losses arising from work performed by the Subdivider for the City. 3. All Coverages. Each insurance policy required by this clause shall be endorsed to state that coverage shall not be suspended, voided, canceled by either party, reduced in coverage or in limits except after thirty (30) days' prior written notice by certified mail, return receipt requested, has been given to the City. (e) Acceptability of Insurers. Insurance is to be placed with insurers with a Bests' rating of no less than A:VII. (f) Verification of Coverage. Subdivider shall furnish City with certificates of insurance and with original endorsements effecting coverage required by this clause. The certificates and endorsements for each insurance policy are to be signed by a person authorized by that insurer to bind coverage on its behalf. The certificates and endorsements are to be received and approved by the City before work commences. T'he City reserves the right to require complete, certified copies of all required insurance policies, at any time. (g) Subcontractors. Subdivider and/or Subdivider's general contractor shall include all subcontractors as insureds under its policies or shall obtain separate certificates and endorsements for each subcontractor. All coverages for subcontractors shall be subject to all of the requirements stated herein. TRACT MAP 7175 CHERRY WOOD -PHASE 3 ABSTRACT OF SUBDIVISION IMPROVEMENT AGREEMENT (PUBLIC IMPROVEMENT) C:\MAPS\TM7175\SUBIMPAGRPUBLIC. DOC PAGE 10 OF 17