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The insurer shall agree to waive all rights of subrogation against the City, <br />its officers, officials, employees and volunteers for losses arising from <br />work performed by the Contractor for the City. <br />3. Professional Liability. <br />Contractor shall carry professional liability insurance at least $1,000,000 <br />per claim and annual aggregate to adequately protect the Contractor <br />against liability caused by negligent acts, errors or omissions on the part of <br />the Contractor in the course of performance of the services specified in <br />this Agreement. <br />4. All Coverages. <br />Insurance providers will provide 30 days notice (except 10 days notice for <br />non-payment of premium) in the event of mid-term cancellation, not for <br />non-renewal, termination, suspension, voidance, reduction in coverage or <br />limits or other modification of the policy. <br />Failure to comply with reporting provisions shall not relieve the Contractor of any <br />liability. <br />(e) Acceptability of Insurers. Insurance is to be placed with insurers with a Bests' <br />rating of no less than A:VII. <br />(f) Verification of Coveraf;e. Contractor shall furnish City with certificates of <br />insurance and with original endorsements effecting coverage required by this <br />clause. The certificates and endorsements for each insurance policy are to be <br />signed by a person authorized by that insurer to bind coverage on its behalf. The <br />certificates and endorsements are to be received and approved by the City before <br />work commences. The City reserves the right to require complete, certified copies <br />of all required insurance policies, at any time. <br />(g) Subcontractors. Contractor shall include all subcontractors as insureds under its <br />policies or shall furnish separate certificates and endorsements for each <br />subcontractor. All coverages for subcontractors shall be subject to all of the <br />requirements stated herein. <br />(h) The Risk Manager of City may approve a variation in those insurance <br />requirements upon a determination that the coverages, scope, limits and forms of <br />such insurance are either not commercially available or that the City's interests are <br />otherwise fully protected. <br />5. CONTRACTOR NO AGENT. Except as City may specify in writing, Contractor shall <br />have no authority, express or implied, to act on behalf of City in any capacity whatsoever <br />Exhibit D Page 3 of 6 <br />6/12/95 rev. FIRE STATION I I - CATALINA <br />5/20/97 rev. <br />