Loss Adjustment Expense Reimbursement. (a) Loss Adjustment Expense Reimbursement shall be 5% of the reimbursed losses under this Contract as provided in Article IV, pursuant to Section 215.555(4)(b)1., Florida Statutes. (b) To the extent that loss reimbursements are limited to the Payout Multiple applied to each Company, the 5% Loss Adjustment Expense is included in the total Payout Multiple applied to each Company.
Appears in 27 contracts
Samples: Reimbursement Contract (HCI Group, Inc.), Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract (Heritage Insurance Holdings, Inc.)
Loss Adjustment Expense Reimbursement. (a) Loss Adjustment Expense Reimbursement shall be 5% of the reimbursed losses Losses under this Contract as provided in Article IV, pursuant to Section 215.555(4)(b)1., Florida Statutes.
(b) To the extent that loss reimbursements are limited to the Payout Multiple applied to each Company, the The 5% Loss Adjustment Expense Reimbursement is included in the total Payout Multiple applied to each Company.
Appears in 10 contracts
Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract (HCI Group, Inc.)
Loss Adjustment Expense Reimbursement. (a) Loss Adjustment Expense Reimbursement shall be 5% of the reimbursed losses under this Contract as provided in Article IV, pursuant to Section 215.555(4)(b)1215.555(4)(b)l., Florida Statutes.
(b) To the extent that loss reimbursements are limited to the Payout Multiple applied to each Company, the 5% Loss Adjustment Expense is included in the total Payout Multiple applied to each Company.
Appears in 5 contracts
Samples: Reimbursement Contract (Federated National Holding Co), Reimbursement Contract (Federated National Holding Co), Reimbursement Contract (Homeowners Choice, Inc.)
Loss Adjustment Expense Reimbursement. (a) Loss Adjustment Expense Reimbursement shall be 5% of the reimbursed losses under this Contract as provided in Article IV, pursuant to Section 215.555(4)(b)1215.555(4)(b)l., Florida Statutes.
(b) To the extent that loss reimbursements are limited to the Payout Multiple applied to each Company, the 5% Loss Adjustment Expense is included in the total Payout Multiple applied to each Company.
Appears in 1 contract
Samples: Reimbursement Contract (Federated National Holding Co)
Loss Adjustment Expense Reimbursement. (a) Loss Adjustment Expense Reimbursement shall be 5% of the reimbursed losses Losses under this Contract as provided in Article IV, pursuant to Section 215.555(4)(b)1., Florida Statutes.
(b) To the extent that loss reimbursements are limited to the Payout Multiple applied to each Company, the theThe 5% Loss Adjustment Expense Reimbursement is included in the total Payout Multiple applied to each Company.
Appears in 1 contract
Samples: Reimbursement Contract
Loss Adjustment Expense Reimbursement. (a) Loss Adjustment Expense Reimbursement shall be 5% of the reimbursed losses under this Contract as provided in Article IV, pursuant to Section 215.555(4)(b)1., Florida Statutes.
(b) To the extent that loss reimbursements are limited to the Payout Multiple applied to each Company, the 5% Loss Adjustment Expense is included in the total Payout Multiple applied to each Company.
Appears in 1 contract
Samples: Reimbursement Contract
Loss Adjustment Expense Reimbursement. (a) Loss Adjustment Expense Reimbursement shall be 5% of the reimbursed losses under this Contract as provided in Article IV, pursuant to Section 215.555(4)(b)1., Florida Statutes.
(b) To the extent that loss reimbursements are limited to the Payout Multiple applied to each Company, the 5% Loss Adjustment Expense is included in the total Payout Multiple applied to each Company.
Appears in 1 contract
Samples: Reimbursement Contract (United Insurance Holdings Corp.)
