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ULAE |
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Though in some ways books are becoming an endangered species, ULAE still is producing some of the most beautifully conceived and designed print and illustrated volumes in the country. Folksamerica will reimburse Sierra for these costs from an account consisting of the unallocated loss adjustment expense (ULAE) reserves and accrued liabilities as of the closing, a percentage of premiums earned after the closing, plus accrued interest on the ULAE reserves. 9 UNIVERSAL LIMITED ART EDITIONS ULAE has been turning out limited-edition fine art prints from its Bayshore, Long Island, studio since 1957, first under the eye of Tatyana Grosman, who worked with Rauschenberg, Johns, and, famously, Rivers and O'Hara on "Stones," 1958, their collaborative series of lithographs. |
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