Common use of Claims Expenses Clause in Contracts

Claims Expenses. The Company will pay allocated loss expenses, which include reasonable expense items, such as attorney's fees, incidental legal fees, experts' fees, witnesses' travel expense, extraordinary travel expense incurred by the Manager at the request of the Company, court reporter's fees, transcript fees, and the cost of obtaining public records and witness fees. The Company will pay expenses associated with the investigation, negotiation, settlement or defense of any claim hereunder or as required for the collection of subrogation payments from third parties on behalf of the Company. All claims expenses other than allocated loss adjustment expenses shall be considered unallocated loss adjustment expenses and shall be paid by the Manager.

Appears in 4 contracts

Samples: Management Services Agreement (Meadowbrook Insurance Group Inc), Management Services Agreement (Meadowbrook Insurance Group Inc), Management Services Agreement (Meadowbrook Insurance Group Inc)

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Claims Expenses. The Company will pay allocated loss expenses, which include reasonable expense items, such as attorney's ’s fees, incidental legal fees, experts' fees, witnesses' travel expense, extraordinary travel expense incurred by the Manager at the request of the Company, court reporter's ’s fees, transcript fees, and the cost of obtaining public records and witness fees. The Company will pay expenses associated with the investigation, negotiation, settlement or defense of any claim hereunder or as required for the collection of subrogation payments from third parties on behalf of the Company. All claims expenses other than allocated loss adjustment expenses shall be considered unallocated loss adjustment expenses and shall be paid by the Manager.

Appears in 2 contracts

Samples: Management Services Agreement (Meadowbrook Insurance Group Inc), Management Services Agreement (Meadowbrook Insurance Group Inc)

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Claims Expenses. The Company will pay allocated loss expenses, which include reasonable expense items, such as attorney's fees, incidental legal fees, experts' fees, witnesses' travel expense, extraordinary travel expense incurred by the Manager at the request of the Company, court reporter's fees, transcript fees, and the cost of obtaining public records and witness fees. The Company will pay expenses associated with the investigation, negotiation, settlement or defense of any claim hereunder or as required for the collection of subrogation payments from third parties on behalf of the Company. All claims expenses other than allocated loss adjustment expenses shall be considered unallocated loss adjustment expenses and shall be paid by the Manager.

Appears in 1 contract

Samples: Management Services Agreement (Meadowbrook Insurance Group Inc)

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