Insurance Subsidiaries definition

Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

Insurance Subsidiaries means those Subsidiaries set forth on Schedule 1.01 hereto and any future Subsidiaries principally engaged in one or more of the property, casualty, life insurance and financial services businesses.

Insurance Subsidiaries means Subsidiaries which are engaged in the insurance business as an issuer or underwriter of insurance policies and/or insurance contracts.

Examples of Insurance Subsidiaries in a sentence

• The Insurance Subsidiaries have made all required filings under applicable insurance statutes in each jurisdiction where such filings are required, except for such filings the failure of which to make would not, singly or in the aggregate, have a material adverse effect on the Company and its subsidiaries, taken as a whole.

• All of the Annual Statements and Interim Statements, together with any other financial or similar statements of the Material Insurance Subsidiaries provided to the Administrative Agent, are prepared in accordance with SAP and present fairly in accordance with SAP the financial position of such Material Insurance Subsidiary for the period then ended.

• All ceded reinsurance and retrocessional agreements to which the Insurance Subsidiaries are a party are in full force and effect, except where the failure to be in full force and effect would not, individually or in the aggregate, have a Material Adverse Effect.

• Each of the Members and the Company acknowledges that the Insurance Subsidiaries are regulated Entities whose businesses are subject to laws, regulations, directives or orders issued from time to time by the relevant regulators and no term or condition of this Agreement shall be interpreted in any manner that would require any Member or the Company to take any action (or cause such action to be taken) that would violate such Laws, regulations, directives or orders.

• None of the Company Insurance Subsidiaries maintains any separate accounts.

More Definitions of Insurance Subsidiaries

Insurance Subsidiaries shall have the meaning set forth in Section 3.16(a).

Insurance Subsidiaries means (1) Taylor Woodrow Insurance Services, Inc., (2) Beneva Indemnity Company and (3) any other corporation, limited partnership, limited liability company or business trust that is (A) organized after the Reference Date or designated by an Issuer as an Insurance Subsidiary pursuant to an Officer’s Certificate delivered to the Trustee and (B) a Subsidiary of a Restricted Parent; provided that, in the case of clause (1), (2) and (3), such Person is primarily engaged in the business it is engaging in on the Reference Date or is otherwise primarily engaged in the business of providing title insurance, captive insurance (whether for an Issuer and its Subsidiaries or otherwise) or insurance agency or other ancillary or complementary services that in each case is subject to state regulation and/or licensing requirements.

Insurance Subsidiaries means those Persons set forth on Schedule 4.08A attached hereto, together with their respective successors, and any other Subsidiary which at any time after the Closing Date is engaged principally in the property and casualty insurance business, the accident and health insurance business or the life insurance business or any combination thereof.

Insurance Subsidiaries means each of Accredited Surety & Casualty Inc. Florida, R&Q Re Bermuda Ltd., and Accredited Insurance (Europe) Ltd., and, each of the foregoing, collectively, the “Insurance Subsidiaries”;

Insurance Subsidiaries means Savers Property and Casualty Insurance Company ("Savers"), Star Insurance Company ("Star"), American Indemnity Insurance Co. Ltd. ("American"), Williamsburg National Insurance Company ("WNIC"), Ameritrust Insurance Corporation ("Ameritrust") and any other Subsidiary of Company engaged in the issuance of insurance policies.

Insurance Subsidiaries means (a) Springfield Insurance Company, a California corporation, (b) Springfield Insurance Company Limited, a Bermuda corporation, (c) Grocers and Merchants Insurance Service, Inc., a California corporation, (d) any of their Subsidiaries, and (e) any Subsidiary created after the date of this Agreement that is engaged primarily in the insurance business.

Insurance Subsidiaries means (1) Xxxxxx Xxxxxxxx Insurance Services, Inc. (f/k/a Xxxxxx Xxxxxxx Insurance Services, Inc.), (2) Beneva Indemnity Company, (3) Inspired Title Services, LLC, (4) ClosingMark Holdings, LLC, (5) ClosingMark Settlement Services, LLC, (6) ClosingMark Title TX, LLC, (7) ClosingMark Title Agency, LLC and (8) any other corporation, limited partnership, limited liability company or business trust that is (A) organized after the Issue Date or designated by the Issuer as an Insurance Subsidiary pursuant to an Officer’s Certificate delivered to the Trustee and (B) a Subsidiary of the Restricted Parent; provided that, in the case of clauses (1) through (8), such Person is primarily engaged in the business it is engaging in on the Reference Date or is otherwise primarily engaged in the business of providing title insurance, captive insurance (whether for the Issuer and its Subsidiaries or otherwise) or insurance agency or other ancillary or complementary services that in each case is subject to state regulation and/or licensing requirements.