Common use of Claims Administration Clause in Contracts

Claims Administration. The Company shall have ultimate responsibility for claims adjustments and payments. The Manager will receive all claims and notice of claims from policyholders of the Company. The Manager will review, process, investigate, adjust, settle or resist all claims received in accordance with the Company's direction, the terms of Company coverage documents, and any written guidelines or decision of the Company regarding coverage, handling or payment of claims. The Manager will establish loss reserves for each claim as deemed necessary in accordance with the Company's direction. The Manager will make subrogation investigations and consult with the Company or its representatives for the proper adjusting of subrogation matters. The Manager will engage attorneys as necessary, to represent policyholders in any suit covered by the Company's policy.

Appears in 4 contracts

Samples: Management Services Agreement (Meadowbrook Insurance Group Inc), Management Services Agreement (Meadowbrook Insurance Group Inc), Management Services Agreement (Meadowbrook Insurance Group Inc)

AutoNDA by SimpleDocs

Claims Administration. The Company shall have ultimate responsibility for claims adjustments and payments. The Manager will receive all claims and notice of claims from policyholders of the Company. The Manager will review, process, investigate, adjust, settle or resist all claims received in accordance with the Company's ’s direction, the terms of Company coverage documents, and any written guidelines or decision of the Company regarding coverage, handling or payment of claims. The Manager will establish loss reserves for each claim as deemed necessary in accordance with the Company's ’s direction. The Manager will make subrogation investigations and consult with the Company or its representatives for the proper adjusting of subrogation matters. The Manager will engage attorneys as necessary, to represent policyholders in any suit covered by the Company's ’s policy.

Appears in 2 contracts

Samples: Management Services Agreement (Meadowbrook Insurance Group Inc), Management Services Agreement (Meadowbrook Insurance Group Inc)

AutoNDA by SimpleDocs

Claims Administration. The Company shall have ultimate responsibility for claims adjustments and payments. The Manager will receive all claims and notice of claims from policyholders of the Company. The Manager will review, process, investigate, adjust, settle or resist all claims received in accordance with the Company's direction, the terms of Company coverage documents, and any written guidelines or decision of the Company regarding coverage, handling or payment of claims. The Manager will establish loss reserves for each claim as deemed necessary in accordance with the Company's direction. The Manager will make subrogation investigations and consult with the Company or its representatives for the proper adjusting handling of subrogation matters. The Manager will engage attorneys as necessary, to represent policyholders in any suit covered by the Company's policy.

Appears in 1 contract

Samples: Management Services Agreement (Meadowbrook Insurance Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.