Commonwealth Land Title Insurance Company, NCS

ALTA ENDORSEMENTS - 159 - SAMPLES AND DESCRIPTIONS COMMONWEALTH LAND TITLE INSURANCE COMPANY Endorsement 23.1 06 – Co Insurance – Multiple Policies Adopted 08 01 2016, Revised 08-01-2017 ENDORSEMENT 23.1 06 – CO INSURANCE – MULTIPLE POLICIES This endorsement is issued as part of Policy Number __________ issued by (“Issuing Co Insurer”) Attached to and made a part of Issuing Co Insurer’s Policy No. _____________ (“Co Insurance Policy”). Each title insurance company executing this Co Insurance Endorsement, other than the Issuing Co Insurer, shall be referred to as a “Co Insurer.”The Issuing Co Insurer and each Co Insurer are collectively referred to as “Co Insuring Companies.” 1. By issuing this Co Insurance Endorsement to the Co Insurance Policy, each of the Co Insuring Companies adopts the Co Insurance Policy’s Covered Risks, Exclusions, Conditions, Schedules, and endorsements, except an ALTA 12 06 or ALTA 12.1 06 Aggregation Endorsement, if any, issued by any other of the Co Insuring Companies, subject to the limitations of this Co Insurance Endorsement. 2. Aggregation of Policy Liability a. The Issuing Co Insurer’s liability under the Co Insurance Policy may be aggregated with other policy liabilities issued by the Issuing Co Insurer with either an ALTA 12 06 or ALTA 12.1 06 Aggregation Endorsement. b. Each Co Insurer may aggregate its liability under the Co Insurance Policy with other policy liabilities issued by that Co Insurer, but only if this Co Insurance Endorsement is issued with that Co Insurer’s ALTA 12 06 or ALTA 12.1 06 Aggregation Endorsement. c. Policy liability assumed by each of the Co Insuring Companies may not be aggregated with other policy liabilities assumed by any other of the Co Insuring Companies. 3. Each of the Co Insuring Companies shall be liable to the Insured only for its Percentage of Liability of: a. the total loss or damage under the Co Insurance Policy, but in no event greater than its respective Aggregate Amount of Insurance set forth in its ALTA 12 06 or ALTA 12.1 06 Aggregation Endorsement, if any, and b. the costs, attorneys’ fees, and expenses provided for in the Conditions. 4. Any notice of claim and any other notice or statement in writing required to be given under the Co Insurance Policy must be given to each of the Co Insuring Companies at the addresses set forth above. 5. Any endorsement to the Co Insurance Policy issued after the date of this Co Insurance Endorsement must be signed by each of the Co Insuring Companies by its authorized officer or agent.