HomeMy WebLinkAboutPoliciesTHE ABOVE POLICIES SHALL PROVIDE THE CITY OF MIAMI WITH
WRITTEN NOTICE OF CANCELLATION OR MATERIAL CHANGE
FROM THE INSURER NOT LESS THAN (30) DAYS PRIOR TO ANY SUCH
CANCELLATION OR MATERIAL CHANGE.
COMPANIES AUTHORIZED TO DO BUSINESS IN THE STATE OF'
FLORIDA WITH THE FOLLOWING QUALIFICATIONS SHALL ISSUE
ALL INSURANCE POLICIES REQUIRED ABOVE:
THE COMPANY MUST BE RATED NO LESS THAN "A" AS TO
MANAGEMENT AND NO LESS THAN "CLASS V" AS TO FINANCIAL
STRENGTH BY THE LATEST EDITION OF BEST'S INSURANCE GUIDE,
PUBLISHED BY A.M. BEST COMPANY, OLDWICK, NEW JERSEY, OR
ITS EQUIVALENT. ALL POLICIES AND/OR CERTIFICATES OF
INSURANCE ARE SUBJECT TO REVIEW AND VERIFICATION BY RISK
MANAGEMENT PRIOR TO INSURANCE APPROVAL.