Examples of Pooled Companies in a sentence
The Pooled Companies have determined that their business operations should be conducted by employees of State Auto P&C on behalf of each of the Pooled Companies and that State Auto Mutual should remain as the agent for each of the Pooled Companies with respect to collecting and disbursing funds as required by the Pooled Companies’ business operations.
Additionally, if the financial strength ratings of the Pooled Companies from A.M. Best Company, Inc.
In response to a recommendation from the appropriate Independent Committee, the Boards of Directors of all the Pooled Companies have approved this First Amendment.
The Seller shall have delivered to the Buyer, prior to the Closing Date, a copy of the Pooled Companies Quota Share Agreement in accordance with Section 7.27.
As of December 31, 2002, The PMA Insurance Group’s Pooled Companies can pay up to $24.6 million in dividends to PMACIC during 2003.
These increases are related to revenue of $14.7 million from acquisitions as of their respective effective dates, except for the 1999 Pooled Companies, which were accounted for as poolings of interests and are reflected retroactively for all periods presented, and overall volume growth of the business of $7.3 million.
We incurred $659,000 in merger costs in 1999 related to the acquisitions of the 1999 Pooled Companies.
The Pooled Companies shall use their best efforts to resolve any dispute under or arising out of this Agreement, the interpretation of this Agreement or any party's performance, nonperformance, rights or obligations under this Agreement.
Net premiums written for the year ended December 31, 2011, includes $34.1 million of unearned premiums transferred to STFC from the Rockhill Insurers in connection with the addition of the Rockhill Insurers to the State Auto Pool, effective January 1, 2011 and for the three month and year ended December 31, 2011, includes $106.8 million of unearned premiums transferred from STFC to the State Auto Mutual Pooled Companies in connection with the December 31, 2011 pooling change.
Notwithstanding any of the foregoing, the Pooled Companies agree that the 2005 Pooling Agreement, as amended from time to time, shall not apply to catastrophe losses and loss expenses to the extent such losses and loss expenses are covered by the State Auto P&C Catastrophe Assumption Agreement.