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preceding two years and that required a reduction In policyholder surplus of at least 25% for payment of those claims; of (2) 'rho Commissioner of Insurance finds that trio exposure to potential losses will threaten our solvency or place us in a hazardous condition. A hazardous condition in which we malts claims payments for losses resulting from an earthquake that occurred within the preceding two years and that required q reduction In policyholder surplus of at least 25% for payment of those claims; or (3) We have: (a) Lost or experienced a substantial reduction in the availability or scope of reinsurance coverage; or (b) Experienced a substantlal increase In the premium charged for reinsurance coverage of' our residential property Insurance policies; and the Commissioner has approved a plan for the nonrenowals that is fair and equitable, and that is responsive to the changes In our reinsurance position. (o) We will not rofo4o to rent,.w such coverage solely because the first Named Insured has cancelled or did not renew a policy, issued by the California Earthquake Authority that included an earthquake policy premium surcharge, (d) We will not refuse to• ronew such coverage solely because corrosive sail conditions exist on the premises. This restriction (d) applies only It Coverage 18 Subject to the Special Property Coverage Form, which excludes loss or damage caused by or resulting from corrosive soil conditions. 3. We are not required to send notice of rionrenewal in the following situations: a. If the transfer or renewal of a policy, without any changes In terms, conditions, or rates, is between us and a member of our Insurance group. b, If the policy has been oNtended for 90 days or less, provided that notice has been given in accordance with paragraph C.I. d. If the policy is for a period of no more than 60 days and you are notified at the time of issuance that it will not be renewed. a. If the first Named Insured requests a change In the terms or conditions or risk's covered by the policy within 60 days of the end of the policy period. f. If We have made a written offer to the first Named Insured, In accordance with the time frames shown In paragraph 0.1., to renew the policy under changod terms or conditions or at an increased premium rate, when the increase exceeds 25%. If there is an appraisal, we will still retain our right to deny the claim, D. The Concealment, Misrepresentation Or Fraud Condition Is replaced by the following with respect to loss of damage caused by fire: We do not provide cover -age to the insured who, whether before or after a loss, has committed fraud or intentionally concealed or misrepresented any material fact or circumstance concerning: 1, 'This Coverage Part; 2, The Covered Property; 3. That insured's Interest In the Covered Property; or 4. A claim under this Coverage Part or Coverage 'Furm, EThe Concealment, Misrepresentation Or Fraud Condition Is replaced by the followling,with respect to loss of damage caused by a Covered Cause of Loss other than fire: This Coverage Part is void if any insured, whether before or after a loss, has committed fraud or intentionally concealed or misrepresented any material fact or circumstance concerning! 1. This Coverage Part; 2. The Covered Props y, 3. That Ingured's interest in the Covered Property, or 4. A cfairn under this Coverage Part or Coverage Form. G. c. If you have obtained replacement coverage, or if the first Named Insured has agreed, In writing, within 60 days of the termination the policy, to obtain that coverage. Form SS 01 21 03 17 Q The Other Insurance - Property Coverage Condition is replaced by the following: If there is other insurance covering the same loss or damage, we will pay our share of the covered loss or damage. Our share is the proportion that the applicable limit of insurance basis to the limits of insurance of all insurance covering on same basis. The Appraisal Property Loss Condition of the Standard and Special Property Form is replaced by the following: If we and you disagree on the value of the property or the amount of [as,,;, either may make written qlgj� Page 3 of 4