Common use of NAIC Ratio Clause in Contracts

NAIC Ratio. In the event that the NAIC or any Applicable Insurance Regulatory Authority shall at any time promulgate any risk-based capital ratio requirements or guidelines, State Auto Mutual will cause each Insurance Entity to comply with the minimum requirements or guidelines applicable to it as established by the NAIC or such Applicable Insurance Regulatory Authority.

Appears in 4 contracts

Sources: Put Agreement (State Auto Financial Corp), Put Agreement (State Auto Financial Corp), Put Agreement (State Auto Financial Corp)

NAIC Ratio. In the event that the NAIC or any Applicable Insurance Regulatory Authority shall at any time promulgate any risk-based capital ratio requirements or guidelines, State Auto Mutual will shall cause each Insurance Entity to comply with the minimum requirements or guidelines applicable to it as established by the NAIC or such Applicable Insurance Regulatory Authority.

Appears in 1 contract

Sources: Put Agreement (State Auto Financial Corp)