Common use of Examination Requirements for Loss Reports Clause in Contracts

Examination Requirements for Loss Reports. The Company shall retain complete and accurate records of all reported losses and/or advances submitted to the SBA until the SBA has completed its examination of the Company's reimbursable losses and commutation for the Contract Year (if applicable) has been concluded. The records to be retained are set forth as part of the Proof of Loss Report, Form FHCF-L1B, adopted for the Contract Year under Rule 19-8.029, F.A.C., and Form FHCF-LAP1, adopted for the Contract Year under Rule 19-8.030, F.A.C. The Company must also retain the required exposure exam file for the Contract Year in which the loss occurred, and must have available any other information which would allow for a complete examination of the Company's losses.

Appears in 7 contracts

Samples: Reimbursement Contract (Federated National Holding Co), Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract (United Insurance Holdings Corp.)

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Examination Requirements for Loss Reports. The Company shall retain complete and accurate records of all reported losses and/or advances submitted to the SBA until the SBA has completed its examination of the Company's ’s reimbursable losses and commutation for the Contract Year (if applicable) has been concluded. The records to be retained are set forth as part of the Proof of Loss Report, Form FHCF-L1B, adopted for the Contract Year under Rule 19-8.029, F.A.C., and Form FHCF-LAP1, adopted for the Contract Year under Rule 19-8.030, F.A.C. The Company must also retain the required exposure exam file for the Contract Year in which the loss occurred, and must have available any other information which would allow for a complete examination of the Company's ’s losses.

Appears in 5 contracts

Samples: Reimbursement Contract (HCI Group, Inc.), Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract (Homeowners Choice, Inc.)

Examination Requirements for Loss Reports. The Company shall retain complete and accurate records of all reported losses and/or advances submitted to the SBA until the SBA has completed its examination of the Company's ’s reimbursable losses and commutation for the Contract Year (if applicable) has been concludedlosses. The records to be retained are set forth as part of the Proof of Loss Report, Form FHCF-L1B, adopted for the Contract Year under Rule 19-8.029, F.A.C., and Form FHCF-LAP1, adopted for the Contract Year under Rule 19-8.030, F.A.C. The Company must also retain the required exposure exam file for the Contract Year in which the loss occurred, and must have available any other information which would allow for a complete examination of the Company's ’s losses.

Appears in 4 contracts

Samples: Reimbursement Contract (Homeowners Choice, Inc.), Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract

Examination Requirements for Loss Reports. The Company shall retain complete and accurate records of all reported losses and/or advances submitted to the SBA until the SBA has completed its examination of the Company's ’s reimbursable losses and commutation for the Contract Year (if applicable) has been concludedlosses. The records to be retained are set forth as part of the Proof of Loss Report, Form FHCF-L1B, adopted for the Contract Year under Rule 19-8.029, F.A.C.F.A.C, and Form FHCF-LAP1, adopted for the Contract Year under Rule 19-8.030, F.A.C. The Company must also retain the required exposure exam file for the Contract Year in which the loss occurred, and must have available any other information which would allow for a complete examination of the Company's ’s losses.

Appears in 1 contract

Samples: Reimbursement Contract (United Insurance Holdings Corp.)

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Examination Requirements for Loss Reports. The Company shall retain complete and accurate records of all reported losses and/or advances submitted to the SBA until the SBA has completed its examination of the Company's ’s reimbursable losses and commutation for the Contract Year (if applicable) has been concludedlosses. The records to be retained are set forth as part of the Proof of Loss Report, Form FHCF-L1BLIB, adopted for the Contract Year under Rule 19-8.029, F.A.C., and Form FHCF-LAP1, adopted for the Contract Year under Rule 19-8.030, F.A.C. The Company must also retain the required exposure exam file for the Contract Year in which the loss occurred, and must have available any other information which would allow for a complete examination of the Company's ’s losses.. 17 FHCF-2008K

Appears in 1 contract

Samples: Reimbursement Contract (Homeowners Choice, Inc.)

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