Blanket Assumption Endorsement Agreements

                    BLANKET ASSUMPTION ENDORSEMENT AGREEMENT

                                     Between

                            RANGER INSURANCE COMPANY
                                 Houston, Texas
                      (hereinafter referred to as "Ranger")

                                       and

                         ODYSSEY REINSURANCE CORPORATION
                               New York, New York
                     (hereinafter referred to as "Odyssey")


WHEREAS, Ranger is an insurance company with an A. M. Best Rating of B++; and, . . .