Claims Handling. 16.1 The Managing General Agent shall have authority to settle all claims arising from business placed with the Company under this Agreement in accordance with established Company procedures. At the sole option of the Company, the Company may assume any or all of this responsibility.
Appears in 4 contracts
Samples: Managing General Agency Agreement, General Agency Agreement, General Agency Agreement (Affirmative Insurance Holdings Inc)
Claims Handling. 16.1 The Managing General Agent shall have authority to settle all claims arising from business placed with the Company under this Agreement in accordance with established Company procedures. At the sole option of the Company, the Company may assume any or all of this responsibilityresponsibility at its own expense.
Appears in 1 contract
Claims Handling. 16.1 The Managing General Agent Agent, or its appointed claims handler, shall have the authority to settle all claims arising from business placed with the Company under this Agreement in accordance with established Company procedures. At the sole option of the Company, the Company may assume any or all of this responsibility.
Appears in 1 contract
Samples: Hallmark Financial Services Inc
