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<br /> <br /> The insurer shall agree to waive all rights of subrogation against <br />the City, its officers, officials, employees and volunteers for losses arising from work performed <br />by the Owner for the City. <br /> 3. All Coverages. <br /> Each insurance policy required by this clause shall be endorsed to <br />state that coverage shall not be suspended, voided, cancelled by either party, reduced in coverage <br />or in limits except after thirty (30) days' prior written notice by certified mail, return receipt <br />requested, has been given to the City. <br /> (e) Acceptability of Insurers. Insurance is to be placed with insurers with an <br />A.M. Best rating of A- or better. <br /> (f) Verification of Coverage. Owner shall furnish City with certificates of <br />insurance and with original endorsements effecting coverage required by this clause. The <br />certificates and endorsements for each insurance policy are to be signed by a person authorized <br />by that insurer to bind coverage on its behalf. The certificates and endorsements are to be <br />received and approved by the City before work commences. The City reserves the right to <br />require complete, certified copies of all required insurance policies, at any time. The City <br />reserves the right to modify these insurance requirements as the best interests of the City dictate. <br /> (g) Subcontractors. Owner and/or Owner's contractor(s) shall provide <br />separate certificates and endorsements subject to all of the requirements stated herein. <br /> 17. Title to Improvements. Title to, and ownership of, all improvements constructed <br />hereunder by Owner shall vest absolutely in City, upon completion and acceptance of such <br />improvements by City unless otherwise provided.