Examples of Donegal Mutual in a sentence
Donegal Mutual allocates certain related expenses to Atlantic States in relation to the relative participation of Atlantic States and Donegal Mutual in the pooling agreement.
Concurrent with the merger, the Company entered into a 100% quota share reinsurance agreement with Donegal Mutual, whereby the Company cedes 100% of its premiums, losses and loss expenses to Donegal Mutual.
Atlantic States has an 80% share of the results of the pool, and Donegal Mutual has a 20% share of the results of the pool.
Our insurance subsidiaries other than Atlantic States reimburse Donegal Mutual for their personnel costs and bear their proportionate share of information services costs based on their percentage of the total written premiums of the Donegal Insurance Group.
Donegal Mutual provides facilities, management and other services to us and our insurance subsidiaries.
We lease office equipment and automobiles with terms ranging from 3 to 10 years to Donegal Mutual under a 10-year lease agreement dated January 1, 2011.
On December 18, 2015, we and Donegal Mutual entered into a Stock Purchase and Standstill Agreement (the “Purchase Agreement”) with Gregory M.
The lower bound on this distortion when R , is Jo = E[ ˜s 2], which is intuitively appealing.
As such, Donegal Mutual and our insurance subsidiaries share the same business philosophy, the same management, the same employees and the same facilities and offer the same types of insurance products.
Our insurance subsidiaries and Donegal Mutual purchase certain third-party reinsurance on a combined basis.