Laserfiche WebLink
R. Transfer Of Rights Of Recovery Against Others To Us I Waiver of Right of Subrogation <br /> Condition 8. Transfer Of Rights Of Recovery Against Others To Us of Section IV—Commercial General Liability <br /> Conditions is renamed and replaced by the following: <br /> 8. Transfer Of Rights Of Recovery Against Others To Us / Waiver of Right of Subrogation <br /> a. If the insured has rights to recover all or part of any payment we have made under this Coverage Part, those <br /> rights are transferred to us. The insured must do nothing after loss to impair them. At our request, the <br /> insured will bring "suit"or transfer those rights to us and help us enforce them. <br /> b. If the insured waives its right to recover payments for injury or damage from another person or organization in <br /> a written contract executed prior to a loss, we waive any right of recovery we may have against such person <br /> or organization because of any payment we have made under this Coverage Part. The written contract will <br /> be considered executed when the insured's performance begins or when it is signed, whichever happens first. <br /> This waiver of rights shall not be construed to be a waiver with respect to any other operations in which the <br /> insured has no contractual interest. <br /> S. Liberalization Condition <br /> The following condition is added to Section IV—Commercial General Liability Conditions: <br /> Liberalization Clause <br /> If we revise this Coverage Part to broaden coverage without an additional premium charge, your policy will automatically <br /> provide the additional coverage as of the day the revision is effective in the state shown in the mailing address of your <br /> policy. <br /> All other terms,conditions, provisions and exclusions of this policy remain the same. <br /> Risk Management Division <br /> REVIE irEQAPPROVED <br /> `' & BY: <br /> c.= A A <br /> /® Risk Management Specialist <br /> Includes copyrighted material of Insurance Services Office,Inc.,with its permission. <br />