Common Contracts
2 similar Reimbursement Contract contracts
ADDENDUM NO. 1 to REIMBURSEMENT CONTRACT Coverage Effective: June 1, 2022 (Contract) Between <<Legal Name>> (“Company”) NAIC # and THE STATE BOARD OF ADMINISTRATION OF THE STATE OF FLORIDA (SBA) WHICH ADMINISTERS THE FLORIDA HURRICANE CATASTROPHE FUND...Reimbursement Contract • April 11th, 2023 • Florida
If an insurer is determined by the Office of Insurance Regulation to be an unsound insurer as defined in Section 215.555(2)(p), Florida Statutes, and Company seeks to provide coverage for Covered Policies of such unsound insurer, Section 215.555(5)(e), Florida Statutes, provides that Company may, subject to provisions mutually agreed to below, obtain coverage for such policies under its Reimbursement Contract with the FHCF or accept an assignment of the unsound insurer’s Reimbursement Contract with the FHCF. Prior to the date that Company takes a transfer of policies from an unsound insurer, Company shall select one of these options using Appendix A of Addendum No. 1 and submit to the FHCF as instructed.
ADDENDUM NO. 1Reimbursement Contract • September 12th, 2022 • Florida
If an insurer is determined by the Office of Insurance Regulation to be an unsound insurer as defined in Section 215.555(2)(p), Florida Statutes, and Company seeks to provide coverage for Covered Policies of such unsound insurer, Section 215.555(5)(e), Florida Statutes, provides that Company may, subject to provisions mutually agreed to below, obtain coverage for such policies under its Reimbursement Contract with the FHCF or accept an assignment of the unsound insurer’s Reimbursement Contract with the FHCF. Prior to the date that Company takes a transfer of policies from an unsound insurer, Company shall select one of these options using Appendix A of Addendum No. 1 and submit to the FHCF as instructed.
