Excess Insurers definition

Excess Insurers means Insurers that have issued excess insurance policies to Producers.
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Excess Insurers means the insurance companies that insured ITM under the Excess Policies
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Excess Insurers means the insurance companies that issued the directors and officers excess insurance policies to Krispy Kreme as set forth in Exhibit D hereto (Excess Insurance Policies”). Excess Insurers are: RLI Insurance Company, Ace American Insurance Company, St. Paul Mercury Insurance Company, Allied World Assurance Company (US) Inc., Philadelphia Indemnity Insurance Company, and Landmark American Insurance Company. Liberty Mutual Insurance Company is not a party to the Settlement and is not an Excess Insurer for purpose of this Stipulation.
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Examples of Excess Insurers in a sentence

  • The Excess Insurer's ultimate net loss liability shall not exceed the limit stated in the Umbrella Declarations, in excess of the limit(s) of the first loss policy, and the underlying excess insurer shall be liable to pay under statute, whichever is the greater.

  • Richmond, Rights and Responsibilities of Excess Insurers, 78 Denv.

  • That policy can be found inter alia as exhibit 8 to Fastow’s brief in support of his motion to compel arbitration (#3115).insurance proceeds, which would reduce the amount to be paid to the Newby plaintiffs.11 Subsequently Stowers12 demands were made on the Excess Insurers in connection with these settlements.

  • Liability to pay under this policy shall not attach unless and until the Primary and Underlying Excess Insurers have paid or have been held liable to pay the full amount of the Primary and Underlying Excess Limit(s) as set forth in Item 7(a) of the Schedule.

  • All Insureds are hereby enjoined from pursuing any claim against XL or the Excess Insurers that is discharged pursuant to this Order.

  • Also pending on the same issue and others are cross motions for summary judgment filed by Andrew Fastow (#3114), Kevin Hannon (#3118), the Excess Insurers (#3119), and the Former Outside Directors (#3121, joined by Ken Harrison, #3131).

  • Thus, Ranger and the Excess Insurers would not reasonably have agreed to permit Transocean to name additional insureds as to any conceivable risk.

  • The Primary AEGIS Policy and the first three excess policies have been exhausted by payment of defense costs and settlements of various insureds, leaving approximately $200 million of proceeds remaining before the filing of the Interpleader.Procedural BackgroundIn October 2004 three different settlement demands from different insureds were made upon the Excess Insurers for payment from these remaining proceeds.

  • The interpleader names asdefendants all the known persons and entities who are actual or alleged insureds under the Excess Policies and against whom or which one or more claims have been made.Meanwhile the EBS Defendants also filed a suit similar to Harrison’s against the Excess Insurers in New York on October 22, 2004.

  • The Outside Directors and the Excess Insurers argue that under this provision the law applicable to these disputes “under the current circumstances appears to be Texas.” Letter from Dan Bailey, dated October 21, 2004, on behalf of the Excess Insurers (Vol I, ex.

Related to Excess Insurers

  • Excess insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • R&W Insurer means AIG Specialty Insurance Company.

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Resident Indian/s and for whom the insurance is also proposed and appropriate premium paid.

  • Insurers means the underwriters or insurance companies with whom any Obligatory Insurances are effected and the managers of any protection and indemnity or war risks association in which any or the Collateral Vessels may at any time be entered.

  • Alien insurer means an insurer domiciled outside the United States.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • The Insured means the person specified as such in the Schedule.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • Net Insurance Proceeds Insurance Proceeds, to the extent such proceeds are not to be applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the express requirements of the Mortgage or Note or other Loan Documents included in the Mortgage File or in accordance with the Servicing Standard, or with respect to the environmental insurance policy, applied to pay any costs, expenses, penalties, fines or similar items; provided that, in the case of an Outside Serviced Mortgage Loan, “Net Insurance Proceeds” under this Agreement shall be limited to any related Insurance Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

  • Reinsurers shall be understood to mean “Reinsurers”, “Underwriters” or whatever other term is used in the attached reinsurance document to designate the reinsurer or reinsurers.

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

  • Insurer means a person who insures or guarantees for the benefit of the mortgagee all or any portion of the risk of loss upon borrower default on any of the mortgage loans originated, purchased or serviced by the Company or any of its Subsidiaries, including the Federal Housing Administration, the United States Department of Veterans’ Affairs, the Rural Housing Service of the U.S. Department of Agriculture and any private mortgage insurer, and providers of hazard, title or other insurance with respect to such mortgage loans or the related collateral.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • First party insurance means an insurance policy or contract in which the insurer

  • Controlled insurer means a licensed insurer that is either directly or indirectly

  • Domestic insurer means an insurer organized under the laws of this state.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;