Errors and Omissions Insurance Coverage. The Manager shall maintain an errors and omissions insurance policy in an amount not less than $2,000,000 per claim and an employee dishonesty bond of not less than $500,000 per claim.
Errors and Omissions Insurance Coverage. 4.01 Upon RSG’s request, the Producer will promptly provide RSG with evidence to RSG’s reasonable satisfaction of errors and omissions insurance coverage in force that the Producer maintains for itself and its officers and employees, with an annual policy limit for each occurrence of not less than $1,000,000.
4.02 While policies issued under this Agreement are in effect, the Producer will continue to maintain in force errors and omissions insurance coverage for itself and its officers and employees, with an annual policy limit for each occurrence of not less than $1,000,000, and upon RSG’s request, will promptly provide RSG with evidence to RSG’s reasonable satisfaction of such errors and omissions insurance coverage.
4.03 For purposes of Sections 4.01 and 4.02, the Producer’s compliance with any Provider’s request also will be deemed to be compliance with, and for the benefit of, all the Providers.
4.04 All errors and omissions insurance coverage contemplated under this Section 4 will be issued by insurers with an A.M. Best rating of equal to or greater than A-.VII.
Errors and Omissions Insurance Coverage. Before soliciting applications for Us, You agree to provide written proof to Us of Your errors and omissions insurance coverage, of a form and type of coverage and an amount satisfactory to Us. You agree that this coverage shall include You and Your applicable administrative staff. You further agree to keep this required insurance coverage in force and to provide Us periodic proof of said coverage for as long as You are appointed by Us.
Errors and Omissions Insurance Coverage. In addition to the insurance required in Attachment C to this Contract, before commencing work on this Contract and throughout the term of this Contract, Contractor agrees to procure and maintain Errors and Omissions insurance for any and all services performed under this Contract, with minimum third party coverage of $2,000,000 per claim, $3,000,000 aggregate.
Errors and Omissions Insurance Coverage. The Manager shall maintain an Errors and Omissions insurance policy in an amount not less than $1,000,000 per claim. MEADOWBROOK INSURANCE GROUP, INC. DATE: July 8, 1999 /s/ Mertxx X. Xxxxx ------------------ -------------------------------------------- BY: Mertxx X. Xxxxx -------------------------------------------- ITS: Chairman of the Board -------------------------------------------- STAR INSURANCE COMPANY DATE: July 8, 1999 /s/ Josexx X. Xxxxx ------------------ -------------------------------------------- BY: Josexx X. Xxxxx -------------------------------------------- ITS: President -------------------------------------------- SAVERS PROPERTY AND CASUALTY INSURANCE COMPANY DATE: July 8, 1999 /s/ Jamex X. Xxxxx, Xx. ------------------ -------------------------------------------- BY: Jamex X. Xxxxx, Xx. -------------------------------------------- ITS: Executive Vice President -------------------------------------------- AMERICAN INDEMNITY INSURANCE COMPANY, LTD. DATE: July 8, 1999 /s/ Robexx X. Xxxxxx ------------------ -------------------------------------------- BY: Robexx X. Xxxxxx -------------------------------------------- ITS: President -------------------------------------------- CREST FINANCIAL CORPORATION DATE: July 8, 1999 /s/ Michxxx X. Xxxxxxxx ------------------ -------------------------------------------- BY: Michxxx X. Xxxxxxxx -------------------------------------------- ITS: Sr. VP, General Counsel & Secretary -------------------------------------------- MEADOWBROOK, INC. DATE: July 8, 1999 /s/ Willxxx X. Xxxxxxxx, XXI ------------------ -------------------------------------------- BY: Willxxx X. Xxxxxxxx, XXI -------------------------------------------- ITS: Sr. VP and Chief Financial Officer -------------------------------------------- Addendum I to the Management Services Agreement Addendum I to the Management Services Agreement ("Agreement") is effective this day 31st day of December, 1998, by and between Meadowbrook Insurance Group, Inc. (hereinafter referred to as "MIG"), Star Insurance Company (hereinafter referred to as "Star"), a Michigan Corporation, Savers Property and Casualty Insurance Company (hereinafter referred to as "Savers"), a Missouri Corporation, American Indemnity Insurance Company, Ltd. (hereinafter referred to as "American Indemnity"), a Bermuda Corporation, Crest Financial Corporation (hereinafter referred to as "Crest"), a Nevada Corporation, (unless designated otherwise, hereinafter collectively referred ...
Errors and Omissions Insurance Coverage. ▪ Coverage and Forms acceptable to LENDER. ▪ Limits of Liability: [****] per occurrence; [****] aggregate
Errors and Omissions Insurance Coverage.
A. Employees in this unit are covered for Errors and Omissions liability matters to the extent of and subject to the conditions stated in the County’s excess liability policy obtained through the CSAC Excess Insurance Authority. The same coverage will apply to the County’s self-insured retention (SIR) portion of the program.
B. The self-insured and insured Errors and Omissions Coverage is provided in accordance with the provisions of Sections 825 and following of the Government Code.
Errors and Omissions Insurance Coverage. Sellers shall, at their own cost and expense, obtain an errors and omissions tail insurance policy substantially similar to the Companies’ existing errors and omissions insurance policy for the period commencing on the Closing Date and ending on the third (3rd) anniversary of the Closing Date. Such policy (a) shall cover any and all acts prior to the Closing Date, (b) shall provide a coverage amount of at least $5,000,000 for each Company, and (c) shall include a deductible of no more than $75,000. Sellers shall provide Buyer with a certificate evidencing such coverage, which shall name Buyer as an additional named insured and shall provide that such coverage may not be terminated or modified without at least thirty (30) days prior written notice to Buyer.
Errors and Omissions Insurance Coverage. (a) Parent and/or Seller shall obtain, at their own cost and expense, an errors and omissions tail insurance policy (the “E&O Policy”) that is substantially similar to Seller’s existing errors and omissions insurance policy and that covers the period commencing on the Closing Date and ending on the third (3rd) anniversary of the Closing Date (the “Coverage Period”). The E&O Policy (i) shall be disregarded in calculating Closing Net Working Capital, (ii) shall cover any and all acts or omissions occurring prior to the Closing Date, (iii) shall have a limit of at least $5,000,000 and (iv) shall include a deductible of no more than $100,000. At the Closing, Seller shall provide Buyer with a certificate of insurance evidencing such coverage, which shall name Buyer as an additional named insured and shall provide that such coverage may not be terminated or modified without at least thirty (30) days prior written notice to Buyer.
(b) In the event any errors and omissions insurance claim is asserted against Buyer or any of its Affiliates during the Coverage Period arising out of or relating to Seller’s or its Affiliates’ actions or omissions prior to the Closing Date, to the extent Buyer obtains recovery for such claim under the E&O Policy, Seller and Parent shall jointly and severally be responsible for any deductible payment required under the E&O Policy, less a one time credit of $25,000 contributed by Buyer.
Errors and Omissions Insurance Coverage. RR shall maintain or be covered under the Farmers Sponsored Insurance Agents Errors and Omissions Insurance policy at all times. Said Errors and Omissions Insurance shall provide coverage for all products offered by FFS and RR, and shall include policy limits of at least one million dollars ($1,000,000). Evidence of such coverage shall be provided to the Broker Dealer uponrequest.
