Amendment 2 to Quota Share Reinsurance Treaty
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EX-10.27 12 d38301exv10w27.htm AMENDMENT 2 TO QUOTA SHARE REINSURANCE TREATY exv10w27
EXHIBIT 10.27
AMENDMENT 2
QUOTA SHARE REINSURANCE TREATY
ATTACHING JANUARY 1, 2006 BY AND BETWEEN
AMERICAN HALLMARK INSURANCE COMPANY (AHIC) AND
PHOENIX INDEMNITY INSURANCE COMPANY (PIIC) AND
GULF STATES INSURANCE COMPANY (GSIC)
QUOTA SHARE REINSURANCE TREATY
ATTACHING JANUARY 1, 2006 BY AND BETWEEN
AMERICAN HALLMARK INSURANCE COMPANY (AHIC) AND
PHOENIX INDEMNITY INSURANCE COMPANY (PIIC) AND
GULF STATES INSURANCE COMPANY (GSIC)
The parties hereby agree to amend ARTICLE 2 — SUBJECT BUSINESS of the quota share reinsurance treaty as follows:
ARTICLE 2 — SUBJECT BUSINESS
This agreement shall apply to all insurance business in force of AHIC, PIIC, and GSIC at the Attachment Date and all insurance business written thereafter by AHIC, PIIC, and GSIC (the “Subject Business”) with the exception of direct business written by PIIC in the State of Florida.
| AMERICAN HALLMARK INSURANCE COMPANY OF TEXAS | ||||||||||
Date: | 6-22-06 | By: | /s/ Kevin T. Kasutz | |||||||
| Name: | Kevin T. Kasutz | |||||||||
| Title: | President | |||||||||
| PHOENIX INDEMNITY INSURANCE COMPANY | ||||||||||
Date: | 6-22-06 | By: | /s/ Brookland Davis | |||||||
| Name: | Brookland Davis | |||||||||
| Title: | President | |||||||||
| GULF STATES INSURANCE COMPANY | ||||||||||
Date: | 6/22/06 | By: | /s/ Donald E. Meyer | |||||||
| Name: | Donald E. Meyer | |||||||||
| Title: | President | |||||||||
