Laserfiche WebLink
Hiscox Insurance Company Inc. <br />Endorsement 11 <br />NAMED INSURED: T.R. Holliman and Associates, Inc. <br />Waiver of Subrogation <br />r1/P <br />HISCOX <br />encourage courage <br />Page 1 of 1 <br />In consideration of the premium charged, it is understood and agreed that the Policy is amended as follows: <br />In Clause V. OTHER MATTERS AFFECTING COVERAGE, paragraph F. SUBROGATION is deleted in its entirety and <br />replaced with the following: <br />Subrogation. <br />1. In the event of any payment by Us under this Policy, We shall be subrogated to all of Your rights of <br />recovery to such payment. <br />2. You shall do everything that may be necessary to secure and preserve such subrogation rights, <br />including but not limited to the execution of any documents necessary to allow Us to bring suit in <br />Your name. <br />3. You shall do nothing to prejudice such subrogation rights without first obtaining Our written <br />consent. <br />4. Any recovery shall first be paid to Us up to the amount of any Damages or Claim Expenses that <br />We have paid. Any remaining amount shall be paid to You. <br />5. Notwithstanding the above, no subrogation shall be had against any Insured. <br />Notwithstanding the foregoing; to the extent You have waived Your rights of recovery, We also agree <br />to waive Our subrogation rights in connection therewith, provided that Your waiver of Your rights is in <br />writing and predates the first such Wrongful Act giving rise the Claim resulting in payment of Damages <br />or Claim Expenses by Us. <br />All other terms and conditions remain unchanged. <br />Endorsement effective: February 18, 2025 <br />Endorsement No: 11 <br />-�-ad-fz <br />By: Mary Boyd <br />(Appointed Representative) <br />Policy No.: P100.107.967.11 <br />DPL E5042 CW (01/10) <br />