To solicit Policies of private passenger automobile insurance that, in their pricing and insurability, meet or exceed the underwriting and pricing standardsĮstablished by the Insurer from time to time and conveyed to the MGA in writing.

The MGA shall faithfully perform all of its duties to the best of its professional knowledge, Otherwise, after the Effective Date, the MGA shall not solicit or service private passenger automobile policies for any insurance company other than the Insurer, without the prior written consent of the Insurer, which shall not beĪRTICLE III MGAS DUTIES AND RESPONSIBILITIES The MGA shall have the authority to continue servicing insurance policies that it solicited on behalf of insurance companies other than the Insurer prior to theĮffective Date. The MGA shall be authorized to write the Policies in the jurisdictions set forth in Exhibit A.Įxclusivity. Settlements) set forth in Exhibit A to this Agreement. The Policies shall have the policy limits and be subject to the other terms and restrictions (including, without limitation, limits on claims (the Policies) written by or through sub-producers (as defined below) for classes of insurance described as private passenger automobile insurance policies, in accordance with the Insurers underwriting procedure manuals and The MGA is hereby authorized to accept, bind, issue, and process endorsements, on forms approved by the Insurer, applications, binders and/or policies The Insurer hereby appoints MGA as a manager for the Insurer as This Agreement will not become effective until signed by the Insurer and the MGA and is filed with and approved by the Commissioner of Insurance of the State of Alabama. This Agreement contains the entire agreement of the Insurer and the MGA. Promises made herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Insurer and the MGA agree as follows: This Managing General Agents Agreement (this Agreement) is made effective the 1st day of January,Ģ005 (the Effective Date), by and between ALFA VISION INSURANCE CORPORATION, an Alabama stock insurance company (the Insurer), and THE VISION INSURANCE GROUP, LLC, a Tennessee limited liability company (the

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