# GREATAMERICAN INSURANCE GROUP

**Administrative Offices**
301 E 4th Street
Cincinnati, Ohio 45202-4201
Tel: 1-513-369-5300

**ORIGINAL POLICY**

**GAI 6610 (Ed. 01/09)**

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

**NEW YORK EXCESS CHANGES - AMENDATORY ENDORSEMENT**

This endorsement modifies insurance provided under the following:

**EXCESS LIABILITY COVERAGE FORM**

**Section II. LIMITS OF INSURANCE Paragraph B.5. is deleted and the following is added:**

The Limits of Insurance of this policy apply separately to each consecutive annual period and to any remaining period of less than 12 months, starting with the beginning of the policy period shown in the Declarations, unless the policy period is extended after issuance for an additional period of less than 12 months. Limits of this policy will be increased in proportion to any policy extension provided in accordance with this paragraph.

**Section III. - DEFENSE Paragraph C. and D. are added:**

**C. Transfer of Duties When a Limit of Insurance is Used Up.**

1. If we conclude that, based on claims or suits which have been reported to us and to which this insurance may apply, the:
   a. Occurrence Limit; or
   b. Aggregate Limit;
   is likely to be used up in the payment of judgments or settlements, we will notify the first Named Insured, in writing, to that effect.
   
2. When a Limit of Insurance described in Paragraph 1. above has actually been used up in the payment of judgments or settlements:
   a. We will notify the first Named Insured, in writing, as soon as practicable, that:
      (1) such a limit has actually been used up; and
      (2) our right to investigate any claim or defend any suit seeking damages subject to that limit has also ended.
   b. We will initiate, and cooperate in, the transfer of control, to any appropriate Insured, of all claims and suits seeking damages which are subject to that limit and which are reported to us before that limit is used up. That Insured must cooperate in the transfer of control of said claims and suits.

**Copyright, ISO Properties, Inc., 2008**
**GAI 6610 (Ed. 01/09) XS**
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