DIRECT SUIT AGAINST THE REINSURER. The Reinsurer hereby covenants and agrees that it may be sued for its actions after the Effective Date, in its own name, by insured under the Policies.
Appears in 5 contracts
Samples: Transfer Assumption Reinsurance Agreement (Riscorp Inc), Loss Portfolio Transfer Assumption Reinsurance Agreement (Riscorp Inc), Transfer Assumption Reinsurance Agreement (Riscorp Inc)
DIRECT SUIT AGAINST THE REINSURER. The Reinsurer hereby covenants and agrees that it may be sued for its actions after the Effective Date, in its own name, by insured insureds under the Policies.
Appears in 1 contract
