Common use of Required Insurer Attributes Clause in Contracts

Required Insurer Attributes. The CGL policy must be issued by an insurer satisfying the following requirements: (i) the insurer must have a minimum AM Best rating of A minus; and (ii) the insurer must be an authorized insurer in accordance with Section 107(a) of the New York State Insurance Law.

Appears in 13 contracts

Sources: Agency and Lease Agreement, Agency and Lease Agreement, Agency and Lease Agreement