O-1996-2136-A - Laserfiche WebLink

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VEHICLES FOR HIRE ~ 78-155 Sec. 78-129. Persons protected. The public liability insurance required by this division shall be for the protection of the passengers of the insured taxicab and for the public, but shall not cover personal injuries sustained by the servants, agents or employees of the person filing the insurance. (Ord. No. 96-2135, ~ 1(4.3), 9-23-96) Sec. 78-130. Provision for continuing liability. All policies of public liability insurance required by this division shall contain a provision for a continuing liability thereon up to the full amount thereof, notwithstanding any recovery thereon. (Ord. No. 96-2135, ~ 1(4.4), 9-23-96) Sec. 78-131. Cancellation. (a) If any insurer desires to be released from any insurance filed under this division, it may give written notice of the desire to the city secretary at least 30 days before it desires its liability released, and the city secretary shall thereupon give written notice, by personal delivery or by mail, to the insured and demand that he furnish new assurance by the expiration of the 30-day period provided for in this subsection, and shall discharge the first insurer from any liability which shall accrue after the time of approval of the new policy, or shall discharge the first insurer after the expiration of the 30-day period. (b) If any policy is so canceled upon the request of the insurer, and no new insurance policy is filed before the cancellation of the original insurance, the license to operate taxicabs granted to the insured shall be automatically revoked. (Ord. No. 96-2135, S 1(4.5), 9-23-96) Sec. 78-132. City not liable for solvency of insurer; owner's liability not affected; suits on policy. Neither the city nor any officer of the city shall be held liable for the pecuniary responsibility , or solvency of any insurer under the provisions ofthis division, or in any manner become liable for any sum on account of any claim or act or omission relating to the insured vehicle, nor shall the liability of the owner of any vehicle be in any manner limited or changed by reason of the provisions of this division, but the judgment creditors having causes of action secured thereby shall be authorized to sue directly on such policy ofinsurance without impleading the city, and all persons known to any insurer to have been injured or damaged in the same accident and claiming damages thereunder may be made parties without priority of claim on payment in any suit had or instituted on account of such matters. (Ord. No. 96-2135, S 1(4.6), 9-23-96) Sees. 78-133-78-155. Reserved. CD78:15