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Proposal of Insurance for: Decatur Public Transit S`-stem
<br /> ' Carrier Ratings and
<br /> Gallagher companies use A.M. Best Company's rating
<br /> Admitted Status Rating services to evaluate the financial condition of insurers
<br /> whose policies we propose to deliver.Gallagher companies
<br /> Levels and Categories make no representations and warranties concerning the
<br /> ' solvency of any carrier, nor does it make any representation
<br /> or warranty concerning the rating of the carrier which may
<br /> Copies of the Best's Insurance Reports on the change.
<br /> ' insurance companies are available upon your request.
<br /> Admitted/
<br /> '
<br /> Carriers.that Quoted A.M. Best's Rating Non-Admitted
<br /> Travelers Indemnity Co. &Affiliates A+ (XV) Admitted
<br /> If the above indicates coverage is placed with a non-admitted carrier,the carrier is doinq business in the state as a surplus lines or non-admitted carrier.As such,this
<br /> carrier is not subject to the same regulations which apply to an admitted carrier nor do they participate in any insurance guarantee fund applicable in that state.
<br /> The above A.M.Best Rating was verified on the date the proposal document was created.
<br /> LOW Coo -7
<br /> ' A++, A+..........................Superior B, B-............................Fair D..............................................Poor
<br /> A, Ar ..............................Excellent C++, C+..............Marginal E.......Under Regulatory Supervision
<br /> B++, B+......................Very Good C, C- ........................Weak F.......................... ......In Liquidation
<br /> S........................Rating Suspended
<br /> �� r Cat tarie�
<br /> FSC I Up to 1,000 FSC IX 260,000 to 500,000
<br /> FSC II 1,000 to 2,000 FSCX 500,000 to 750000
<br /> FSC III 2,000 to 5,000 FSC XI 750,000 to 1,000,000
<br /> FS_C N - 5,000 to — 10,000 FSC XII 1,000,000 to 1,250,000
<br /> FSC V 10,000 to - 25,000 FSC XIII 1,250,000 to -1,500,000
<br /> FSC VI 25,000 to 50,000, FSC XIV 1,500,000 to 2,000,000
<br /> FSC VII 50,000 to 100,000 FS_C_XV 2,000,000 or more
<br /> FSC VIII 100 000 to 250,000 - -------- --- - ----
<br /> ' (In $000 of Reported Policyholders'Surplus Plus Conditional Reserve Funds)
<br /> list's Insurance Reports,published annually by A.M.Best Company,Inc.,presents comprehensive reports on the financial position,history,and transactions of
<br /> Insurance companies operating in the United States and Canada Companies licensed to do business In the United States are assigned a Best's Rating which
<br /> attempts to measure the comparative position of the company or association against industry averages.
<br /> ' A Best's Financial Strength Rating opinion addresses the relative ability of an insurer to meet its ongoing Insurance obligations.It is not a warranty of a company's
<br /> financial strength and ability to meet Its obligations to policyholders.View the A M.Best Important Notice: Best's Credit Ratings for a disclaimer notice and complete
<br /> details at http://wawv ambest.corrdratings/notice.
<br /> Best's Credit Ratings are under continuous reviewand subjectto change and/or affirmation.Forthe latest Best's Credit Ratings and Best Credit Reports(which
<br /> ' include Best Ratings),visit the A M.Best website at http//vwwv.ambest.com.See Guide to Best's Credit Ratings for explanation of use and charges.
<br /> Bests Credit Ratings reproduced herein appear under license from A.M.Best and do not constitute,either expressly or impliedly,an endorsement of(Licensee's
<br /> publication or service)or Its recommendations,formulas,criteria or comparisons to any other ratings,rating scales or rating organizations which are published or
<br /> referenced herein.A.M.Best isnot responsible for transcription errors made in presenting Best's Credit Ratings.Bests Credit Ratings are proprietary and may not
<br /> be reproduced or distributed without the express written permission of A.M.Best Company.
<br /> ' Arthur J.Gallagher Risk Management Services,Inc.
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