Common Contracts
1 similar Commutation and Release Agreement contracts
ContractCommutation and Release Agreement • May 5th, 2020
<DOCUMENT> <TYPE>EX-10.15 <SEQUENCE>19 <FILENAME>d27260exv10w15.txt <DESCRIPTION>COMMUTATION AND RELEASE AGREEMENT <TEXT> <PAGE> Exhibit 10.15 COMMUTATION AND RELEASE AGREEMENT As of the Effective Date, this Commutation and Release Agreement (this "Commutation Agreement") is made and entered into by and between AMERISAFE, Inc., (also known as Amerisafe Insurance Group of DeRidder, Louisiana) on behalf of itself and all of its Affiliated (as defined herein) and/or subsidiary companies, including, but not limited to, American Interstate Insurance Company and Silver Oak Casualty, Inc., and Converium Reinsurance (North America) Inc. (formerly known as Zurich Reinsurance (North America), Inc.) of Stamford, Connecticut. WHEREAS, Company (as defined herein) and Reinsurer (as defined herein) have entered into the Reinsurance Agreements (as defined herein) pursuant to which Company ceded to Reinsurer, and Reinsurer assumed from Company, certain liabilities arising out of policies of insurance w
