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<br /> <br /> - 10 - <br />15.1 COMMERCIAL GENERAL LIABILITY INSURANCE in an amount not less than <br />Two Million Dollars ($2,000,000) per occurrence for personal injuries, including accidental <br />death, to any one person; property damage insurance in an amount not less than Two Million <br />Dollars ($2,000,000) and subject to the above limits and combined single limit of insurance <br />in an amount not less than Three Million Dollars ($3,000,000); and <br /> <br /> 15.2 AUTOMOBILE LIABILITY INSURANCE endorsed for all vehicles (whether <br /> rented, leased, hired, scheduled, owned or non-owned), in an amount not less than One <br /> Million Dollars ($1,000,000) per occurrence for personal injuries, including accidental <br /> death, to any one person; property damage insurance in an amount not less than One Million <br /> Dollars ($1,000,000) and subject to the above limits and combined single limit of insurance <br /> in an amount not less than One Million Dollars ($1,000,000). <br /> <br />15.3 At all times, the insurance company issuing said policy shall be an “admitted” <br />insurer in the State of California and shall carry an A.M. Best & Company minimum rating <br />of AA:VII. <br /> <br /> 15.4 All policies shall contain a “Severability of Interest” clause and a “Primary <br /> Coverage” clause for any loss arising out of or caused by SLIA’s performance of the <br /> Agreement. In addition, the policies shall contain a statement of obligation on the insurance <br /> carrier’s part to notify City, by registered mail, at least thirty (30) days in advance of any <br /> policy cancellation, termination or reduction in the amount of coverage. <br /> <br />15.5 Within thirty (30) days of the first transfer of funds from the City, the SLIA shall <br />deliver to City a “certificate of insurance” and an “additional insured endorsement”, both <br />documents countersigned by the insurance carrier or its authorized representative, on forms <br />satisfactory to the City Attorney, which set forth the above provisions. <br /> <br />15.6 The countersigned certificate, along with the additional insured endorsement, shall <br />state: “The City of San Leandro, its elected and appointed officials, officers, agents and <br />employees are named as additional insureds under this policy. This insurance is <br />primary to the coverage of the San Leandro Successor Agency and the City of San Leandro. <br />Neither the Agency nor the City or any of their insurers shall be required to contribute to any <br />loss. This policy contains a severability of interest clause. The issuing company shall mail <br />thirty (30) days advance notice to the City of any policy cancellation, termination or <br />reduction in the amount of coverage.” <br /> <br /> 15.7 Additionally, the certificate of insurance shall state if any claim has been paid or is <br /> currently pending under the policy, and if so, the amount of the claim(s) and the amount of <br /> liability limits as lowered by the paid or pending claim(s). Any deductibles or self-insured <br /> retentions shall be set forth on the certificate and shall be subject to City’s review and <br /> approval. <br /> <br /> 15.8 Workers’ Compensation Insurance. SLIA understands and agrees that all persons <br /> furnishing services to SLIA under this Agreement are, for the purpose of workers’ <br /> compensation liability, employees solely of SLIA and not of City. SLIA shall bear the sole <br /> responsibility and liability for furnishing workers’ compensation benefits to its employees,