Exhibit 14 FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REINSURANCE POOLING AGREEMENT THIS AMENDMENT made this 18th day of February, 1993, by and between ALLIED Mutual Insurance Company (hereinafter referred to as "Mutual"), AMCO Insurance Company (hereinafer referred to as "AMCO"),ALLIED Property and Casualty Insurance Company (hereinafter referred to as "APC"), and Depositors Insurance Company (hereinafter referred to as "Depositors"), for and in consideration of their mutual promises and agreements herein and for their mutual benefit. Mutual, APC, and Depositors are hereinafter collectively referred to as "Affiliated Companies". Mutual, AMCO, APC, and Depositors are hereinafter collectively referred to as "Participants". WITNESSETH: WHEREAS, the Participants entered into a Second Amended and Restated Reinsurance Pooling Agreement on December 14, 1992 (the "Agreement"); and WHEREAS, the Participants desire to amend Exhibit A - Applicable Participation Percentages to increase the pool participation of AMCO and APC and to decrease the pool participation of Mutual effective January 1, 1993; NOW THEREFORE, in consideration of the foregoing premises and for the mutual covenants contained herein and other good and valuable consideration, the Participants agree as follows: 1. The Agreement is amended by the deletion of Exhibit A and in replacement thereof the addition of the attached Exhibit A, incorporated by reference herein. Attached Exhibit A provides that the Applicable Participation Percentages are Mutual 36%, AMCO 46%, APC 12%, and Depositors 6%. 2. This Amendment shall be effective as of 12:01 a.m. January 1, 1993. All other terms and conditions remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year above first written. ALLIED Mutual Insurance Company AMCO Insurance Company 701 Fifth Avenue 701 Fifth Avenue Des Moines, IA 50391-2000 Des Moines, IA, 50391-2013 By: /s/ James D. Kirkpatrick By: /s/ James D. Kirkpatrick ------------------------------- ------------------------------- James D. Kirkpatrick, President James D. Kirkpatrick, President ALLIED Property and Casualty Depositors Insurance Company Insurance Company 701 Fifth Avenue 701 Fifth Avenue Des Moines, IA, 50391-2014 Des Moines, IA 50391-2011 By: /s/ James D. Kirkpatrick By: /s/ James D. Kirkpatrick ------------------------------- ------------------------------- James D. Kirkpatrick, President James D. Kirkpatrick, President 1 EXHIBIT A - APPLICABLE Participation Percentages The Applicable Participation Percentages as of 12:01 a.m. January 1, 1993 shall be: Mutual 36% AMCO 46% APC 12% Depositors 6% 2