Affiliated insurer definition

Affiliated insurer means an insurance company licensed or holding a certificate of authority to do business in this state which controls, is controlled by, or is under common control with, another insurer.
Sample 1Sample 2Sample 3
Affiliated insurer means each insurance company subsidiary of American International Group, Inc., other than the Primary Company, which: (i) appoints Producer to transact business with such Affiliated Insurer, and (ii) is made a party to this Contract as reflected by the addition of one or more compensation schedules to this Contract.
Sample 1
Affiliated insurer means an insurer that is an affiliate as defined in section 1401 of the act of May 17, 1921 (P.L.682, No.284), known as "The Insurance Company Law of 1921." (Def. added Oct. 22, 2014, P.L.2892, No.182)
Sample 1Sample 2

Examples of Affiliated insurer in a sentence

  • Upon the occurrence of an Event of Default, at Holder’s option interest on the outstanding principal hereunder shall accrue at a rate per annum from time to time equal to the rate of interest then in effect on this Amended and Restated Note plus 5% per annum.

  • An Affiliated insurer that does not qualify as a Participant may withdraw from this covenant with immediate effect, by notifying the Chairman of the Steering Committee in writing and giving their motivation for this decision.

  • An Affiliated insurer that does qualify as a Participant may withdraw from this covenant in accordance with a 6-month notice period, by notifying the Chairman of the Steering Committee in writing and giving their motivation for this decision.


More Definitions of Affiliated insurer

Affiliated insurer means an insurer that is considered to be affiliated with another insurer under s. 414(3) of the Act,
Sample 1Sample 2
Affiliated insurer means an insurer that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with another insurer.
Sample 1
Affiliated insurer means an insurer that is considered to be affiliated with another insurer under subsection 414 (3) of the Act; (“assureur du même groupe”)
Sample 1

Related to Affiliated insurer

  • Approved Insurer Each insurance policy shall be issued by insurance companies authorized to do business in the State of Nevada or eligible surplus lines insurers under federal and Nevada law and having agents in Nevada upon whom service of process may be made, and currently rated by A.M. Best as “A-VII” or better.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Qualified Insurer A mortgage guaranty insurance company duly authorized and licensed where required by law to transact mortgage guaranty insurance business and approved as an insurer by Xxxxxx Xxx or Xxxxxxx Mac.

  • Admitted insurer or "authorized insurer" means an insurer:

  • Nonadmitted insurer means an insurer not licensed to do an insurance business in this State.

  • Named Insured means the person or organization named in Item 1 of the Declarations.

  • R&W Insurer means AIG Specialty Insurance Company.

  • Affiliated Club means a football club affiliated with the League whose application for Membership has been approved in accordance with the Statement of Rules.

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Unauthorized insurer means an insurance institution that has not been granted a certificate of authority by the commissioner to transact the business of insurance in this state."

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Affiliate means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.

  • Affiliates means, with respect to the Contractor, any of its corporate affiliates or associates, including parent entities, subsidiaries, and other entities in which it owns a substantial interest.

  • Affiliated has a correlative meaning.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Affiliated Companies shall include any company controlled by, controlling or under common control with the Company.

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Affiliated Association means an Association accorded the status of an Affiliated Association under the rules of The FA.

  • Agency provider means an entity that directly employs at least one person in addition to the chief executive officer for the purpose of providing services for which the entity must be certified in accordance with rule 5123:2-2-01 of the Administrative Code.