Common use of Insurance Reserving Practices Clause in Contracts

Insurance Reserving Practices. Neither the Company nor any of its direct or indirect insurance company subsidiaries or affiliates has made a material change in its insurance reserving practices since the respective dates as of which information is given in the most recent financial statements and statutory financial statements.

Appears in 2 contracts

Sources: Equity Distribution Agreement (AMERICAN COASTAL INSURANCE Corp), Underwriting Agreement (Hallmark Financial Services Inc)

Insurance Reserving Practices. Neither the Company nor any of its direct or indirect insurance company subsidiaries or affiliates has made a material change in its insurance reserving practices since the respective dates as of which information is given in the most recent financial statements and statutory financial statements, as applicable.

Appears in 1 contract

Sources: Underwriting Agreement (United Insurance Holdings Corp.)