ENDORSEMENT NO. 1 to the INTERESTS ANDLIABILITIES AGREEMENT attaching to, and forming part of, the MULTI-YEAR REINSTATEMENT PREMIUM PROTECTION REINSURANCE CONTRACT (hereinafter called the Contract) EFFECTIVE: JUNE 1, 2014 issued to HOMEOWNERS CHOICEPROPERTY & CASUALTY INSURANCE COMPANY, INC. TAMPA, FLORIDA (hereinafter called the Reinsured) by BLUE WATER REINSURANCE LTD. (hereinafter called, with other participants, the Reinsurer)
EXHIBIT 10.67
ARP-HCI-02-RPP-202-14 | ||
DOC: May 31, 2015 |
ENDORSEMENT NO. 1
to the
INTERESTS AND LIABILITIES AGREEMENT
attaching to, and forming part of, the
MULTI-YEAR REINSTATEMENT PREMIUM PROTECTION REINSURANCE CONTRACT
(hereinafter called the Contract)
EFFECTIVE: JUNE 1, 2014
issued to
HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.
TAMPA, FLORIDA
(hereinafter called the Reinsured)
by
BLUE WATER REINSURANCE LTD.
(hereinafter called, with other participants, the Reinsurer)
Effective June 1, 2015, the Interests & Liabilities Agreement of the above Reinsurer shall be amended as follows:
Under the terms of this Contract the above Reinsurer agrees to assume severally and not jointly with other participants
Contract Year 1 | Participation | |||
Excess Layer 3 | 5.000 | % | ||
Excess Layer 4 | 12.500 | % | ||
Contract Year 2 | Participation | |||
Excess Layer 3 | 3.211 | % | ||
Excess Layer 4 | 8.713 | % |
of the liability in the layer(s) described in the attached Contract including the same corresponding proportional participation of the Reinsurers additional obligations set forth within the layer(s) upon which the Reinsurer participates described above.
All other Terms and Conditions detailed on the original fully executed Interests & Liabilities Agreement shall remain unchanged.
ARP-HCI-02-RPP-202-14 | I&L Endorsement No. 1 BLWTR | |
DOC: May 31, 2015 |
Signed in , on this day of , 20__
BLUE WATER REINSURANCE LTD.
BY:
TITLE:
Signed in , on this day of , 20__
HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.
TAMPA, FLORIDA
BY:
TITLE:
ARP-HCI-02-RPP-202-14 | I&L Endorsement No. 1 BLWTR | |
DOC: May 31, 2015 |