The insurance company or companies issuing the policies required hereunder (each a “ Policy ”, and collectively the “ Policies ”) each must be a U.S. domestic insurance standard stock company or nonparticipating mutual company that is a primary insurer and has a current general policy rating of A or better and a current financial size category of VIII or better by A.M. Best Company, Inc. All insurers must be licensed and in good standing in the state in which the Property is located and otherwise be acceptable to Agent.