The obligations assumed under this chapter by the city and the city attorney shall not apply to any dishonest, fraudulent, criminal or malicious act of an official or employee, or to any act of an official or employee which is outside of the scope and course of his or her duties and employment with the city. Further, the provisions of this chapter shall have no force and effect with respect to any accident, occurrence or circumstance in which the city or the officials or employees are insured against loss or damages under the terms of any valid insurance policy, except a claim or judgment that may exceed said insurance policy. (Ord. 803, 1986)