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insured against whom a claim is made or suit is brought,except with respect to the insurer's <br /> limits of liability. <br /> 5. Each insurance policy required herein shall provide that coverage shall not be canceled, <br /> suspended, voided, reduced in coverage or in limits, non-renewed by the carrier, or <br /> materially changed except after thirty(30)days prior written notice has been given to City. <br /> Ten(10)days prior written notice shall be provided to City for policy cancellation or non- <br /> renewal due to non-payment. <br /> 6. Certificate Holder on each Evidence of Insurance certificate shall be: City of Santa Ana, <br /> Attention:Public Works Agency,20 Civic Center Plaza,M-24,Santa Ana,CA 92701. The <br /> name and location of the event should be included in the Description of Operations section <br /> of each certificate, <br /> Self-Insured Retentions <br /> Self-insured retentions must be declared to and approved by the City. City may require Contractor <br /> to purchase coverage with a lower retention or provide proof of ability to pay losses and related <br /> investigations, claim administration, and defense expenses within the retention. <br /> Acceptability of Insurers <br /> Insurance is to be placed with insurers authorized to conduct business in the state of California <br /> with a current A.M. Best rating of no less than A:VII, unless otherwise acceptable to City. <br /> Verification of Coverage <br /> Contractor shall furnish City with original Certificates of Insurance including all required <br /> amendatory endorsements(or copies of the applicable policy language effecting coverage required <br /> by this clause) and a copy of the Declarations and Endorsement Page of the CGL policy listing all <br /> policy endorsements to Entity before work begins. However, failure to obtain the required <br /> documents prior to the work beginning shall not waive Contractor's obligation to provide them. <br /> City reserves the right to require complete, certified copies of all required insurance policies, <br /> including endorsements required by these specifications, at any time. <br /> Claims Made Policies <br /> If any of the required policies provide coverage on a claims-made basis: <br /> 1. The retroactive date must be shown and must be before the date of the contract or the <br /> beginning of work. <br /> 2. Insurance must be maintained and evidence of insurance must be provided for at least three <br /> (3) years after completion of work. <br /> 3. If coverage is canceled or non-renewed,and not replaced with another claims-made policy <br /> form with a retroactive date prior to the contract effective date, Company must purchase <br /> "extended reporting"coverage for a minimum of three (3) years after completion of work. <br /> Subcontractors <br /> Contractor shall require and verify that all sub-contractors maintain insurance meeting all the <br /> requirements stated herein, and Contractor shall ensure that City is an additional insured on <br /> insurance required from sub-contractors. <br /> Page 4 of 9 <br />