NOTICE OF LOSS AND LOSS SETTLEMENTS. A. As soon as practicable, the Company shall advise the Reinsurer of all bodily injury claims or losses involving any of the following: 1. Any claim or loss reserved at 50.0% or more of the Company’s retention under this Contract. 2. Any claim involving any of the following injuries where the Company’s incurred loss is greater than or equal to $500,000:
Appears in 5 contracts
Samples: Interests and Liabilities Agreement, Interests and Liabilities Agreement (Amerisafe Inc), Casualty Catastrophe Excess of Loss Reinsurance Contract (Amerisafe Inc)
NOTICE OF LOSS AND LOSS SETTLEMENTS. A. As soon as practicable, the Company shall advise the Reinsurer of all bodily injury claims or losses involving any of the following:
1. Any claim or loss reserved at 50.0% or more of the Company’s retention under this Contract.
2. Any claim or loss involving any of the following injuries where the Company’s incurred loss is greater than or equal to $500,000:
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Amerisafe Inc)
