ENDORSEMENT NO. 1 to the EXCESS OF LOSSREINSURANCE CONTRACT (hereinafter called the Contract) EFFECTIVE: JUNE 1, 2014 issued to HOMEOWNERS CHOICEPROPERTY & CASUALTY INSURANCE COMPANY TAMPA, FLORIDA (hereinafter called the Reinsured) by NATIONALLIABILITY & FIRE INSURANCE COMPANY (hereinafter called, with other participants, the Reinsurer)

EX-10.71 15 d71310dex1071.htm ENDORSEMENT NO 1 EFFECTIVE JUNE 1, 2015 TO EXCESS OF LOSS REINSURANCE CONTRACT Endorsement No 1 effective June 1, 2015 to Excess of Loss Reinsurance Contract

 

EXHIBIT 10.71

 

 

 

ARP-HCI-02-XOL-FLD-14   
DOC: May 20, 2015   


 

ENDORSEMENT NO. 1

to the

EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

NATIONAL LIABILITY & FIRE INSURANCE COMPANY

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Contract has been amended as follows:

ARTICLE 4TERRITORY shall now read as follows:

The territorial limits of this Contract shall be identical with those of the Reinsured’s Policies.

SUBPARAGRAPH (b) OF PARAGRAPH (1) OF ARTICLE 11FLORIDA HURRICANE CATASTROPHE FUND shall read as follows:

90.0% of $975,000,000 excess of $345,000,000 (mandatory layer) for Contract Year effective June 1, 2015.

PARAGRAPH (5) OF ARTICLE 18CONFIDENTIALITY shall read as follows:

With regard to any personally identifiable information of the insured under the Reinsured’s Policy to which the Reinsurer or its representatives may have access, the Reinsurer shall agree to be bound by the insurance privacy laws of the state in which the Policy is issued and any applicable U.S. federal law and shall keep such information secure in accordance with U.S. insurance industry standards or that of the Reinsurer’s country of domicile, whichever standards are higher.

All other Terms and Conditions remain unchanged.

 

 

ARP-HCI-02-XOL-FLD-14    Endorsement No. 1 – BRK
DOC: May 20, 2015   


 

Signed in                                 , on this                      day of                     , 20    

NATIONAL LIABILITY & FIRE INSURANCE COMPANY

BY:                                                             

TITLE:                                                             

Signed in                                 , on this                      day of                     , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

 

ARP-HCI-02-XOL-FLD-14    Endorsement No. 1 – BRK
DOC: May 20, 2015