Addendum No. 1 to Private Passenger Automobile Excess of Loss Reinsurance Contract between Homeowners of America Insurance Company and Subscribing Reinsurers
This addendum modifies the existing reinsurance contract between Homeowners of America Insurance Company and the subscribing reinsurers. It changes the contract's term so that it is effective from June 1, 2011, and remains in force through July 31, 2012, for policies written or renewed during this period. All other terms and conditions of the original contract remain unchanged.
GUY CARPENTER
ADDENDUM NO. 1
to the
PRIVATE PASSENGER AUTOMOBILE EXCESS OF LOSS
REINSURANCE CONTRACT
Effective: June 1, 2011
(the “Contract”)
issued to
HOMEOWNERS OF AMERICA INSURANCE COMPANY
Irving, Texas
including any and/or all companies that are or may hereafter become affiliated therewith
(collectively, the “Company”)
by
THE SUBSCRIBING REINSURER(S) IDENTIFIED
IN THE INTERESTS AND LIABILITIES AGREEMENT(S)
ATTACHED TO AND FORMING PART OF THE CONTRACT
(the “Reinsurer”)
Effective May 31, 2012, paragraph A of Article 3 - Term is amended to read:
| A. | This Contract shall take effect on June 1, 2011, and shall remain in force through July 31, 2012, in respect of Policies written or renewed during the term of this Contract. |
All other terms and conditions of the Contract shall remain unchanged.
IN WITNESS WHEREOF, the Company has caused this Addendum to be executed by its duly authorized representative(s)
This _______ day of ________________, in the year_____________
HOMEOWNERS OF AMERICA INSURANCE COMPANY
including any and/or all companies that are or may hereafter become affiliated therewith
| Effective: June 1, 2011 | DOC: June 4, 2012 |
| U4EL0006 | Addendum No. 1 |
| Effective: May 31, 2012 |
