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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 Subdivider for the City. <br /> 3. All Coverages. <br /> Each insurance policy required by this clause shall be endorsed to state that <br /> coverage shall not be suspended, voided, canceled by either party, reduced <br /> in coverage or in limits except after thirty (30) days' prior written notice by <br /> certified mail, return receipt requested, has been given to the City. <br /> (e) Acceptability of Insurers. Insurance is to be placed with insurers with a Bests' <br /> rating of no less than A: V11. <br /> (0 Verification of Coverage. Subdivider 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. Subdivider and/or Subdivider's general contractor shall include all <br /> subcontractors as insureds under its policies or shall obtain separate certificates and <br /> endorsements for each subcontractor. All coverages for subcontractors shall be <br /> subject to all of the requirements stated herein. <br /> 17. Title to Improvements Title to, and ownership of, all improvements constructed hereunder by <br /> Subdivider shall vest absolutely in City, upon completion and acceptance of such improvements by City <br /> unless otherwise provided. <br /> TRACT MAP 7154 <br /> SUBDIVISION IMPROVEMENT AGREEMENT (PUBLIC IMPROVEMENT) <br /> R \TM \TM 7I 53\S UnMI P I .AG R <br /> PAGE 10 OF 17 <br />