STATE BOARD OF ADMINISTRATION OF FLORIDA 1801 Hermitage Boulevard-Suite 100 Tallahassee, Florida 332308 (850) 488-4406 Post Office Box 13300 32317-3300 REIMBURSEMENT CONTRACT Effective: June 1, 2005 (Contract) between MOBILE USA INSURANCE COMPANY...Reimbursement Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance • Florida
The Legislature of the State of Florida has enacted Section 215.555, Florida Statutes “Statute”, which directs the SBA to administer the FHCF. This Contract is subject to the Statute and to any administrative rule adopted pursuant thereto, and is not intended to be in conflict therewith.
45,000,000 Excess $195,000,000 Florida Only Catastrophe Reinsurance Contract Effective: September 10, 2004 issued to Liberty American Insurance Company Pinellas Park, Florida Mobile USA Insurance Company Pinellas Park, Florida and any and all other...Reinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance • Florida
Third Event Excess Catastrophe Reinsurance Contract Effective: September 3, 2004 issued to Philadelphia Insurance Company Bala Cynwyd, Pennsylvania Philadelphia Indemnity Insurance Company Bala Cynwyd, Pennsylvania and any and all other companies...Third Event Excess Catastrophe Reinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance
Reinstatement Premium Protection Reinsurance Contract Effective: June 1, 2005 Reinsurance ConfirmationReinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance
By this Contract the Reinsurer agrees to indemnify the Company for 100% of any reinstatement premium which the Company pays or becomes liable to pay as a result of loss occurrences commencing during the term of this Contract under the provisions of the Company’s Florida Only Excess Catastrophe Reinsurance Contract effective June 1, 2005 (hereinafter referred to as the “Underlying Contract” and described in Schedule A attached to and forming part of this Contract), subject to the terms and conditions set forth herein. However, the liability of the Reinsurer shall not exceed $21,175,000 during the term of this Contract.
Reinstatement Premium Protection Reinsurance Contract Effective: June 1, 2005 Reinsurance ConfirmationReinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance
By this Contract the Reinsurer agrees to indemnify the Company for 100% of any reinstatement premium which the Company pays or becomes liable to pay as a result of loss occurrences commencing during the term of this Contract under the provisions of the Company’s Excess Catastrophe Reinsurance Contract effective June 1, 2005 (hereinafter referred to as the “Underlying Contract” and described in Schedule A attached to and forming part of this Contract), subject to the terms and conditions set forth herein. However, the liability of the Reinsurer shall not exceed $8,185,000 during the term of this Contract.
40,000,000 Excess $50,000,000 Florida Only Third Event Catastrophe Reinsurance Contract Effective: October 1, 2004 issued to Liberty American Insurance Company Pinellas Park, Florida Mobile USA Insurance Company Pinellas Park, Florida and any and all...Catastrophe Reinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance • Florida
6,500,000 Excess $3,500,000 Florida Only Fifth Event Excess Catastrophe Reinsurance Contract Effective: September 24, 2004 issued to Liberty American Insurance Company Pinellas Park, Florida Mobile USA Insurance Company Pinellas Park, Florida and any...Excess Catastrophe Reinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance • Florida
Excess Catastrophe Reinsurance Contract Effective: June 1, 2004 issued to Philadelphia Insurance Company Bala Cynwyd, Pennsylvania Philadelphia Indemnity Insurance Company Bala Cynwyd, Pennsylvania and any and all other companies which are now or may...Excess Catastrophe Reinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance • Pennsylvania
Philadelphia Insurance Company Bala Cynwyd, Pennsylvania Philadelphia Indemnity Insurance Company Bala Cynwyd, Pennsylvania and any and all other companies which are now or may hereafter become member companies of Philadelphia Insurance Companies...Excess Catastrophe Reinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance
Effective June 1, 2005, with respect to losses arising out of loss occurrences commencing on or after that date, through May 31, 2006 both days inclusive. Extended expiration in the event a loss occurrence is in progress at termination or expiration.
65% Florida Only Third and Fourth Event Excess Catastrophe Reinsurance Contract Effective: September 1, 2004Excess Catastrophe Reinsurance Contract • August 15th, 2005 • Philadelphia Consolidated Holding Corp • Fire, marine & casualty insurance • Florida
