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2015/05/06 Council Agenda Packet
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2015/05/06 Council Agenda Packet
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Council Agenda Packet
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5/6/2015
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12 <br /> That is any other insurance available to you covering liability for damages arising out <br /> of the premises or operations, or products and completed operations,for which you <br /> have been added as an additional insured by that insurance. <br /> When this insurance is excess,we will have no duty under Coverages A or B to defend the <br /> insured against any"suit"if any other insurer has a duty to defend against that"suit". If no other <br /> insurer defends, we will undertake to do so, but we will be entitled to the insured's rights against <br /> all those other insurers. <br /> When this insurance is excess over other insurance,we will pay only our share of the amount of <br /> the loss, if any,that exceeds the sum of: <br /> a. The total amount that all such other insurance would pay for the loss in the absence of <br /> this insurance; and <br /> b. The total of all deductible and self-insured amounts under all that other insurance. <br /> We will share the remaining loss, if any,with any other insurance that is not described in this <br /> Excess Insurance provision and was not bought specifically to apply in excess of the Limits of <br /> Insurance shown in the Declarations of this Coverage Part. <br /> 3. Method of Sharing <br /> If all other insurance permits contribution by equal shares,we will follow this method also. <br /> Under this approach each insurer contributes equal amounts until it has paid its applicable <br /> limit of insurance or none of the loss remains,whichever comes first. <br /> If any of the other insurance does not permit contribution by equal shares,we will contribute <br /> by limits. Under this method, each insurer's share is based on the ratio of its applicable limit <br /> of insurance to the total applicable limits of insurance.of all insurers. <br /> • <br /> Attachment Code:D465358 <br /> Certificate ID: 13434382 <br /> 151 <br />
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