Document:

EXHIBIT 10.2

                                 Amendment No.2

                                       To

                              Amended and Restated
  Brokerage Business Quota Share Reinsurance Agreement Effective April 1, 2006
              (Hereinafter referred to as the "Original Agreement")

                                     Between

                       TOWER INSURANCE COMPANY OF NEW YORK
                   (Hereinafter referred to as the "Company")

                                       And

                      CASTLEPOINT REINSURANCE COMPANY LTD.
                  (Hereinafter referred to as the "Reinsurer")

WHEREAS, the Reinsurer and the Company are parties to the Original Agreement

NOW THEREFORE, the parties hereby agree to amend the Original Agreement as
amended by Amendment No. 1 as follows:

1.   Effective July 1, 2006, Article VI, Reinsurance Coverage, paragraph A (1.
Amendment - A. of Amendment No. 1) will be revised to read as follows:

              The Company shall automatically and obligatorily cede to the
              Reinsurer, and the Reinsurer shall be obligated to accept as
              assumed reinsurance, a 40% quota share portion of the Net
              Liabilities with respect to new and renewal business, subject to
              adjustment as set forth below. The Company may, in its sole
              discretion, change the quota share participation of the Reinsurer,
              from time to time, as of any six month anniversary date of the
              effective date of this Agreement upon not less than thirty (30)
              days prior written notice to the Reinsurer, unless such notice is
              waived by the Reinsurer, and provided, however, that the Company
              and the Reinsurer may agree to change the Reinsurer's quota share
              participation as of any calendar quarter, with all such changes
              being affixed to the Agreement; provided further, however, that
              the quota share participation of the Reinsurer shall at all times
              during the term of this Agreement be a minimum of 25% and a
              maximum of 50%,. Notwithstanding the foregoing, if the Company
              writes business of the type that it has historically not written
              or writes more than 25% of its gross written premiums outside the
              state of New York in any 12 month period ending on the anniversary
              date of this Agreement, then the Reinsurer has the right to refuse
              to reinsure such business that the Company has not historically
              written and such excess business written outside the State of New
              York.

              Furthermore, for the period beginning April 1, 2007, the amount of
              property catastrophe premiums ceded that will be paid by the
              Reinsurer shall be 30% of property catastrophe premiums, and, for
              the period beginning April 1, 2007, the amount of property
              catastrophe losses incurred that will be paid by the Reinsurer
              shall be 30% of the Company's property catastrophe net retained
              losses .

                                  Page 1 of 2
<PAGE>

2.   Effective January 1, 2007, the quota share cession referenced to under
Article IV, Reinsurance Coverage, paragraph A, is 49% with respect to new and
renewal business.

3    Effective January 1, 2007, paragraph 1.C of Addendum No. 1 is deleted.

4.   Effective April 1, 2007, Company is defined as follows:

     TOWER INSURANCE COMPANY OF NEW YORK (on behalf of itself and its pooling
partner TOWER NATIONAL INSURANCE COMPANY)

All other terms and conditions will remain unchanged.

IN WITNESS WHEREOF, the Company and the Reinsurer have caused this Agreement to
be executed.

                  TOWER INSURANCE COMPANY OF NEW YORK (on behalf of itself
                  and its pooling partner TOWER NATIONAL INSURANCE COMPANY)

                  By:  /s/  Francis M Colalucci
                       ------------------------
                  Name:  Francis M Colalucci
                  Title: SR VP & CFO
                  Date: 5/16/07

                  CASTLEPOINT REINSURANCE COMPANY, LTD.

                  By:  /s/ Joseph P. Beitz
                       ------------------------
                  Name: Joseph P. Beitz
                  Title: President
                  Date:  5/16/07

                                  Page 2 of 2EXHIBIT 10.3

                                 Amendment No.3

                                       To

                              Amended and Restated
  Brokerage Business Quota Share Reinsurance Agreement Effective April 1, 2006
              (Hereinafter referred to as the "Original Agreement")

                                     Between

                       TOWER INSURANCE COMPANY OF NEW YORK
                        TOWER NATIONAL INSURANCE COMPANY
                   (Hereinafter referred to as the "Company")

                                       And

                      CASTLEPOINT REINSURANCE COMPANY LTD.
                  (Hereinafter referred to as the "Reinsurer")

WHEREAS, the Reinsurer and the Company are parties to the Original Agreement.

NOW THEREFORE, the parties hereby agree to amend the Original Agreement as
follows:

Effective April 1, 2007, item 4 of Amendment No. 2 shall be deleted and the
Preamble of the Original Agreement is hereby amended to read as follows:

                              Amended and Restated
  Brokerage Business Quota Share Reinsurance Agreement Effective April 1, 2006
              (Hereinafter referred to as the "Original Agreement")

                                     Between

         THE INSURANCE COMPANIES THAT ARE SIGNATORIES TO THIS AGREEMENT
                   (Hereinafter referred to as the "Company")

                                       And

                    THE SUBSCRIBING REISURERS AS PER ATTACHED
                       INTEREST AND LIABILITIES AGREEMENTS

All other terms and conditions will remain unchanged.

<PAGE>

                        INTEREST & LIABILITIES AGREEMENT
                        Attaching to and Forming Part of

                              Amended and Restated
  Brokerage Business Quota Share Reinsurance Agreement Effective April 1, 2006
              (Hereinafter referred to as the "Original Agreement")

                                     Between

         THE INSURANCE COMPANIES THAT ARE SIGNATORIES TO THIS AGREEMENT
                   (Hereinafter referred to as the "Company")

                                       And

                          CASTLEPOINT INSURANCE COMPANY
            (Hereinafter referred to as the "Subscribing Reinsurer")

It is hereby mutually understood and agreed by and between the Company and the
Subscribing Reinsurer that, as respects business written or renewed with
effective dates on or after April 1, 2007, the Subscribing Reinsurer's share in
the interest and liabilities of the Reinsurers will be 9%

The share of the Subscribing Reinsurer will be separate and apart from the
shares of the other Reinsurers and will not be joint with those of the other
Reinsurers, and the Subscribing Reinsurer will in no event participate in the
interest and liabilities of other Reinsurers.

It is further mutually understood and agreed by and between the Company and the
Subscribing Reinsurer that Addendum No. 3 attaches to and forms part of the
captioned Agreement and prior amendments thereto, the terms of which are
incorporated herein by reference..

This Agreement may be executed in two or more counterparts, each of which, when
duly executed will be deemed an original, but all of which together will
constitute one and the same instrument.

<PAGE>

IN WITNESS WHEREOF, the Company and the Reinsurer have caused this Agreement to
be executed by their duly authorized representatives.

In New York, New York, this 7th of August 2007 on behalf of the Company.

                  For participation effective April 1, 2007:

                  TOWER INSURANCE COMPANY OF NEW YORK

                  By:  /s/ Francis M Colalucci
                     ------------------------------
                  Name: Francis m Colalucci
                  Title: Sr VP, CFO & Treasurer

                  TOWER NATIONAL INSURANCE COMPANY

                  By: /s/ Francis M Colalucci
                     ------------------------------
                  Name:  Francis m Colalucci
                  Title: Sr VP, CFO & Treasurer

                  For participation effective April 10, 2007:

                  PRESERVER INSURANCE COMPANY

                  By: /s/ Michael C. Haines
                     ------------------------------
                  Name:  Michael C. Haines
                  Title:  Sr VP, CFO & Treasurer

                  MOUNTAIN VALLEY INDEMNITY COMPANY

                  By:  /s/ Michael C. Haines
                       ----------------------------
                  Name:  Michael C. Haines
                  Title:   Sr VP, CFO & Treasurer

                  NORTH EAST INSURANCE COMPANY

                  By:  /s/ Michael C. Haines
                     ------------------------------
                  Name:  Michael C. Haines
                  Title:  Sr VP, CFO & Treasurer

                  For participation effective April 1, 2007:

                  CASTLEPOINT INSURANCE COMPANY

                  By:  /s/ Roger A. Brown
                     ------------------------------
                  Name:   Roger A Brown
                  Title: Secretary

<PAGE>

                        INTEREST & LIABILITIES AGREEMENT
                        Attaching to and Forming Part of

                              Amended and Restated
  Brokerage Business Quota Share Reinsurance Agreement Effective April 1, 2006
              (Hereinafter referred to as the "Original Agreement")

                                     Between

         THE INSURANCE COMPANIES THAT ARE SIGNATORIES TO THIS AGREEMENT
                   (Hereinafter referred to as the "Company")

                                       And

                      CASTLEPOINT REINSURANCE COMPANY, LTD.
            (Hereinafter referred to as the "Subscribing Reinsurer")

It is hereby mutually understood and agreed by and between the Company and the
Subscribing Reinsurer that, as respects business written or renewed with
effective dates on or after April 1, 2007, the Subscribing Reinsurer's share in
the interest and liabilities of the Reinsurers will be 40%.

The share of the Subscribing Reinsurer will be separate and apart from the
shares of the other Reinsurers and will not be joint with those of the other
Reinsurers, and the Subscribing Reinsurer will in no event participate in the
interest and liabilities of other Reinsurers.

It is further mutually understood and agreed by and between the Company and the
Subscribing Reinsurer that Addendum No. 3 attaches to and forms part of the
captioned Agreement and prior amendments thereto, the terms of which are
incorporated herein by reference..

This Agreement may be executed in two or more counterparts, each of which, when
duly executed will be deemed an original, but all of which together will
constitute one and the same instrument.

<PAGE>

IN WITNESS WHEREOF, the Company and the Reinsurer have caused this Agreement to
be executed by their duly authorized representatives.

In New York, New York, this 9th day of August,2007 on behalf of the Company:

                  For participation effective April 1, 2007:

                  TOWER INSURANCE COMPANY OF NEW YORK

                  By:  /s/ Francis M Colalucci
                     ------------------------------
                  Name:  Francis m Colalucci
                  Title:  Sr VP, CFO & Treasurer

                  TOWER NATIONAL INSURANCE COMPANY

                  By: /s/ Francis M Colalucci
                     ------------------------------
                  Name:   Francis m Colalucci
                  Title:   Sr VP, CFO & Treasurer

                  For participation effective April 10, 2007:

                  PRESERVER INSURANCE COMPANY

                  By: /s/ Michael C. Haines
                     ------------------------------
                  Name:   Michael C. Haines
                  Title:    Sr VP, CFO & Treasurer

                  MOUNTAIN VALLEY INDEMNITY COMPANY

                  By: /s/ Michael C. Haines
                     ------------------------------
                  Name:   Michael C. Haines
                  Title:    Sr VP, CFO & Treasurer

                  NORTH EAST INSURANCE COMPANY

                  By: /s/ Michael C. Haines
                     ------------------------------
                  Name:   Michael C. Haines
                  Title:   Sr VP, CFO & Treasurer

In Hamilton, Bermuda, this 7th day of August, 2007 on behalf of the Reinsurer:

                  For participation effective April 1, 2007:

                      CASTLEPOINT REINSURANCE COMPANY, LTD.

                  By:  /s/ John S. Barada
                     ------------------------------
                  Name:    John S. Barada
                  Title:    VP of Underwriting

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