Examples of binding authority in a sentence
BINDING AUTHORITY EXHIBIT BINDING AUTHORITY EXHIBIT NATIONAL CASUALTY COMPANY DVM INSURANCE AGENCY Effective 10/1/84 Pursuant to Section 1(a) of the General Agency Agreement, the Company hereby grants to the Agent the following Line Limit Binding Authority: Per reinsurance agreements between National Casualty Company and Veterinary Pet Insurance Company.
The Binding Authority Unit accounted for approximately 88% of the Company's core commercial gross written premiums in 2001.
The Binding Authority Unit reviews, on a continuous basis, the new and renewal policies issued by the general agents to ensure that the Company's underwriting guidelines are followed.
Xxxxxxxx, DVM (Type or Print Name & Title) BINDING AUTHORITY EXHIBIT NATIONAL CASUALTY COMPANY DVM INSURANCE AGENCY Effective 10/1/84 Pursuant to Section 1(a) of the General Agency Agreement, the Company hereby grants to the Agent the following Line Limit Binding Authority: Per reinsurance agreements between National Casualty Company and Veterinary Pet Insurance Company.
The Company underwrites its business through three underwriting units: The Binding Authority Unit, the Submit Unit and the Speciality Lines Unit.