Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement, meets the following requirements:
Exempt commercial purchaser means any person purchasing
Exempt commercial purchaser. ' means an exempt commercial purchaser as defined by the federal Nonadmitted and Reinsurance Reform Act of 2010, Public Law 111-203, Section 527.
Examples of Exempt commercial purchaser in a sentence
The Board should further demonstrate compliance with these roles and responsibilities in its processes for Board evaluation and the Superintendent/President’s evaluation.
With regard to common area damages Landlord’s Apartments Downtown 2011 standard lease states, Tenants agree to pay for all damages to the apartment windows, screens, and doors, including exterior unit doors (including random acts of vandalism).
More Definitions of Exempt commercial purchaser
Exempt commercial purchaser means exempt commercial
Exempt commercial purchaser means any person purchasing commercial insurance
Exempt commercial purchaser means any person purchasing commercial in- surance that, at the time of placement:
Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement, employs or retains a qualified risk manager to negotiate insurance coverage, has paid aggregate nationwide commercial property and casualty insurance premiums in excess of $100,000 in the immediately preceding twelve months, and meets at least one of the following criteria:
Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement:
Exempt commercial purchaser. ' means an exempt commercial purchaser as
Exempt commercial purchaser means any person purchasing commercial insurance which, at the time of placement, employs or retains a qualified risk manager to negotiate insurance coverage; and has paid aggregate nationwide commercial property and casualty insurance premiums in excess of $100,000 in the immediately preceding twelve months. The person shall possess a net worth in excess of $20,000,000; generate annual revenues in excess of $50,000,000; employ more than five hundred full-time or full-time equivalent employees per individual insured or be a member of an affiliated group employing more than 1,000 employees in the aggregate; be a not-for-profit organization or public entity generating annual budgeted expenditures of at least $30,000,000; or be a municipality with a population in excess of 50,000 persons. Effective January 1, 2015, and every five years thereafter, the amount of net worth, annual revenues, and budgeted expenditures shall be adjusted to reflect the percentage change for that five-year period in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the federal Department of Labor.