LOSS ADJUSTMENT EXPENSES Sample Clauses

LOSS ADJUSTMENT EXPENSES. Loss Adjustment Expenses shall include both allocated and unallocated loss expenses and shall be included in the Ultimate Net Loss, and are defined as all expenses of the Company, including expenses for declaratory judgment actions, monitoring of underlying litigation or claims, and coverage opinions, incurred by the Company in the settlement, investigation, defense, or adjustment of all claims under all Policies.
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LOSS ADJUSTMENT EXPENSES. A. For eligible CAT crop insurance contracts, FCIC will pay to the Company an amount equal to 4.7 percent of the total net book premium for eligible CAT crop insurance contracts computed at 65 percent of the recorded or appraised average yield indemnified at 100 percent of the projected market price, or equivalent coverage, for loss adjustment expense. The loss adjustment expense specified in this section will be included in the monthly summary report containing the data obtained from acreage reports that have met the processing provisions specified in Manual 13. In addition to the amounts stated in this subsection:
LOSS ADJUSTMENT EXPENSES reserves for outstanding losses recoverable hereunder as of the close of the accounted month.
LOSS ADJUSTMENT EXPENSES. It is understood and agreed that the Insurers will appoint an adjuster, at their expense, for the adjustment of all insured claims made against this Contract. GNERAL CONDITIONS
LOSS ADJUSTMENT EXPENSES. Loss Adjustment Expenses incurred by the Reinsureds pursuant to this Agreement shall be paid by the Reinsureds. Loss Adjustment Expenses are excluded in calculating the Ultimate Net Loss as defined in Article 15, as set forth in Article 7, paragraph (1)(c).
LOSS ADJUSTMENT EXPENSES. Inapplicable.
LOSS ADJUSTMENT EXPENSES. Unless otherwise specifically provided in this Agreement, the Administrator shall be solely responsible for issuing payments for all loss adjustment expenses incurred by or payable to independent third parties in the administration of claims under this Agreement.
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LOSS ADJUSTMENT EXPENSES. Loss Adjustment Expenses shall be paid by ERC and/or HSB in connection with, and in proportion to, any loss paid in accordance with Paragraph 2.1.6, as adjusted for any retrocession made to HSB and ERC or any direct reinsurance of HSB by ERC as contemplated by Paragraph 2.1.6.
LOSS ADJUSTMENT EXPENSES. The term "
LOSS ADJUSTMENT EXPENSES. Reinsurer shall bear its share of all Loss Adjustment Expenses incurred by the Company and shall receive its proportionate share of any recoveries of such expenses. It is understood and agreed that all loss expenses incurred are subject to the maximum liability of Reinsurer as provided in Article 5 of this Agreement.
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