Servicing Policies. Commencing on the Assumption Date of a Removed Policy: i) Until a Removed Policy is renewed onto the Insurer’s policy form, on behalf of the Insurer TWIA shall process endorsements and cancellations and provide other policy services with respect to the Removed Policy. ii) On Removed Policies expiring before August 1, 2017, TWIA is responsible for offering and processing offers of renewal coverage. iii) On Removed Policies expiring on and after August 1, 2017, the Insurer is responsible for offering and processing offers of renewal coverage with respect to its Replacement Policies, utilizing its approved forms and filed rates. Insurer is responsible for all policyholder services with respect to its Replacement Policies. iv) TWIA shall provide information to Insurer regarding policy changes and endorsements processed on all Removed Policies during the Offer Period, on or before June 1, 2017. Thereafter TWIA will provide updates monthly regarding policy changes and endorsements processed until all Removed Policies have reached their final TWIA expiration date.
Appears in 2 contracts
Sources: Offer and Assumption Agreement, Offer and Assumption Agreement
Servicing Policies. Commencing on the Assumption Date of a Removed Policy:
i) Until a Removed Policy is renewed onto the Insurer’s policy form, on behalf of the Insurer TWIA shall process endorsements and cancellations and provide other policy services with respect to the Removed Policy.
ii) On Removed Policies expiring before August May 1, 201720 , TWIA is responsible for offering and processing offers of renewal coverage.
iii) On Removed Policies expiring on and after August May 1, 201720 , the Insurer is responsible for offering and processing offers of renewal coverage with respect to its Replacement Policies, utilizing its approved forms and filed rates. Insurer is responsible for all policyholder services with respect to its Replacement Policies.
iv) TWIA shall provide information to Insurer regarding policy changes and endorsements processed on all Removed Policies during the Offer Period, on or before June March 1, 201720 . Thereafter Thereafter, TWIA will provide updates monthly regarding policy changes and endorsements processed until all Removed Policies have reached their final TWIA expiration date.
Appears in 1 contract
Sources: Offer and Assumption Agreement
Servicing Policies. Commencing on the Assumption Date of a Removed Policy:
i) Until a Removed Policy is renewed onto the Insurer’s policy form, on behalf of the Insurer TWIA shall process endorsements and cancellations and provide other policy services with respect to the Removed Policy.
ii) On Removed Policies expiring before August 1, 201720 , TWIA is responsible for offering and processing offers of renewal coverage.
iii) On Removed Policies expiring on and after August 1, 201720 , the Insurer is responsible for offering and processing offers of renewal coverage with respect to its Replacement Policies, utilizing its approved forms and filed rates. Insurer is responsible for all policyholder services with respect to its Replacement Policies.
iv) TWIA shall provide information to Insurer regarding policy changes and endorsements processed on all Removed Policies during the Offer Period, on or before June 1, 201720 . Thereafter Thereafter, TWIA will provide updates monthly regarding policy changes and endorsements processed until all Removed Policies have reached their final TWIA expiration date.
Appears in 1 contract
Sources: Offer and Assumption Agreement