BUSINESS COVERED definition

BUSINESS COVERED means the business described in Article I.

BUSINESS COVERED shall have the meaning ascribed to such term in the LPT Reinsurance Agreement.

BUSINESS COVERED means the in-force block of Reinsured Contracts reinsured under this Agreement.

Examples of BUSINESS COVERED in a sentence

• Liability assumed by the Company under any form of treaty reinsurance; however, all excess of loss reinsurance, business covered in accordance with paragraph B of the BUSINESS COVERED ARTICLE, group intra-company reinsurance (if applicable), local agency reinsurance accepted in the normal course of business, and/or policies written by another carrier at the Company’s request and reinsured 100% by the Company shall not be excluded hereunder.

• BEVERLY HILLS, CALIFORNIA TYPE: SECOND EXCESS OF LOSS REINSURANCE BUSINESS COVERED: Physicians and Surgeons Comprehensive Professional and Business Liability Policies, including Clinics and Clinical Laboratories, Professional and Business Liability Policies for Hospitals and Errors and Omissions Liability Policies for Managed Care Organizations.

• ARTICLE 19: LOSS RESERVE FUNDING The REINSURERS will maintain appropriate reserves with respect to their share of the loss reserves ceded and required under the terms of this Agreement which are reported by the CEDING COMPANY on the BUSINESS COVERED of this Agreement.

• If this Deadline is extended, then the deadlines for the Reserve Funds set forth in Sections 11.10 will each be extended for the same amount of time.

• Medical Inter-Insurance Exchange of New Jersey Of: Two Princess Road Lawrenceville New Jersey TYPE: (1) Excess Cession Contract and (2) Excess Event Protection arising out Medical and Dental Practitioner Liability and Hospital and other Health Care Institution Professional Liability PERIOD: Effective January 1, 1999 covering on a risks attaching basis for BUSINESS COVERED, and continuous thereafter unless terminated.

More Definitions of BUSINESS COVERED

BUSINESS COVERED. The following types of policy forms as written by the Company:

BUSINESS COVERED. Part A Business Covered: Amounts paid or to be paid by the Company as life insurance benefits, cash values or otherwise (but excluding all benefits that are included in Part C Business Covered) to its life insurance policyholders and annuity contract holders, or beneficiaries or proper assignees thereof, where such amounts arise out of policies or contracts issued by the Company but are in addition to the amounts anticipated at the time the policies or contracts were issued; and, where such amounts are payable pursuant to judgments in, or settlements of, lawsuits or other proceedings (including without limitation administrative proceedings) alleging that the Company or its agents engaged in improper sales practices. Part B Business Covered:

BUSINESS COVERED. All business underwriters by New Jersey State Medical Underwriters, Inc. ("Underwriters") and classified by the COMPANY as Medical and Dental Practitioner Professional Liability, Umbrella Liability, Hospital and Other Health Care Institution Professional Liability, and Commercial General Liability Business, Directors and Officers Liability, Fiduciary Liability, Managed Care Errors and Omissions Liability, Employment Practice Liability, Miscellaneous Professional Indemnity (including but not limited to, Lawyers Professional, Notary Public and Electronic Data Processors). This Agreement applies to losses first occurring under occurrence policies and claims made under claim made policies both in respect of risks attaching during the TERM. REINSURERS shall be subject to all of the 2 conditions of the Permanent Protection Policies (PPP) or any other underlying.

BUSINESS COVERED. To cover all business written and/or assumed by RISCORP NATIONAL INSURANCE COMPANY, as underwritten and managed by RISCORP (and its subsidiaries and/or branch offices) and classified as: Workers Compensation and Employers Liability business domiciled in states other than Florida.

BUSINESS COVERED shall have the meaning set out in the Reinsurance Agreement;

BUSINESS COVERED means the in-force block of Retroceded Contracts retroceded under this Agreement.

BUSINESS COVERED. All business written and classified by the Company as Professional Liability, including Loss of Privileges coverage and Owners, Landlords, and Tenants coverage, issued to Physicians, Dentists, Nurse Anesthetists, Licensed Physicians' Assistants, Chiropractors and other Allied Medical Practitioners, Clinics, and Professional Associations (corporate policies) of Physicians, Dentists, and Chiropractors. The Company's policies will not exceed 12 months duration and will contain a warranty to the effect that there have been no known incidents likely to give rise to a claim, other than those already reported to the Company.