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C. The following is added and supersedes any Provisions to the contrary: (2) The Commissioner of Insurance finds that the exposure to potential losses will Nonrenewal threaten our solvency or place us in a 1. Subject to the provisions of Paragraphs C.2, hazardous condition. A hazardous and C.3. below, if we elect not to renew this condition includes, but is not limited to, a Policy, we will mail or deliver written notice, condition in which we make claims stating the reason for nonrenewal, to the first payments for losses resulting from an Named Insured shown in the Declarations, and earthquake that occurred within the to the producer of record, at least 60 days, but preceding two years and that required a not more than 120 days, before the expiration reduction in policyholder surplus of at or anniversary date. least 25/o for payment of those claims; We will mail or deliver our notice to the first or Named Insured, and to the producer of record, (3) We have: at the mailing address shown in the policy. (a) Lost or experienced a substantial 2. Residential Property reduction in the availability or scope This provision applies to coverage on real of reinsurance coverage; or Property used predominantly for residential (b) Experienced a substantial increase Purposes and consisting of not more than four In the premium charged for dwelling units, and to coverage on tenants' reinsurance coverage of our household property contained in a residential residential property insurance unit, if such coverage is written under one of policies; and the following: the Commissioner has approved a plan Commercial Property Coverage Part for the nonrenewals that is fair and Farm Coverage Part — Farm Property equitable, and that is responsive to the Dwellings, Appurtenant Structures And changes in our reinsurance position. Household Personal Property Coverage Form c. We will not refuse to renew such coverage a. We may elect not to renew such coverage solely because the first Named Insured has for any reason, except as provided in b., c. cancelled or did not renew a policy, issued and d. below. by the California Earthquake Authority, that b. We will not refuse to renew such coverage included surcha Sean earthquake policy premium solely because the first Named Insured has accepted an offer of earthquake coverage. d. We will not refuse to renew such coverage However, the following applies only to insurers solely because corrosive soil conditions exist on the premises. This restriction (d.) who are associate participating insurers applies only if coverage is subject to one of as established by Cal. Ins. Code Section 10089.16. We may the following, which exclude loss or elect not to renew such coverage after the first Named damage caused by or resulting from corrosive soil conditions: Insured, has accepted an offer earthquake coverage, if one or more of thea (1) Commercial Property Coverage Part — following reasons applies: Causes Of Loss — Special Form; or (1) The nonrenewai is based on sound (2) Farm Coverage Part — Causes Of Loss underwriting principles that relate to the Form — Farm Property, Paragraph D. coverages provided by this policy and Covered Causes Of Loss — Special. that are consistent with the approved 3. We are not required to send notice of rating plan and related documents filed nonrenewai in the following situations: with the Department of Insurance as required by existing law; 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. IL 02 70 09 12 s ce'Seervtc@slOifice, Inc., 2012 Page 3 of 4 51636441 1 BLBCL -Cl 1 19-20 GL, AU, N , WC, Pzof & Poll I B.,t. Cezti ficate Pzoceaeiy 130/3/2019 1:33:21 PM (Pp ) I Page 9 of 9