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IL02700912 <br />(2)TheCommissionerofInsurancefinds <br />C.Thefollowingisaddedandsupersedesany <br />provisionstothecontrary:thattheexposuretopotentiallosseswill <br />threatenoursolvencyorplaceusina <br />Nonrenewal <br />hazardouscondition.Ahazardous <br />1.SubjecttotheprovisionsofParagraphsC.2. <br />conditionincludes,butisnotlimitedto,a <br />andC.3.below,ifweelectnottorenewthis <br />conditioninwhichwemakeclaims <br />policy,wewillmailordeliverwrittennotice, <br />paymentsforlossesresultingfroman <br />statingthereasonfornonrenewal,tothefirst <br />earthquakethatoccurredwithinthe <br />NamedInsuredshownintheDeclarations,and <br />precedingtwoyearsandthatrequireda <br />totheproducerofrecord,atleast60days,but <br />reductioninpolicyholdersurplusofat <br />notmorethan120days,beforetheexpiration <br />least25%forpaymentofthoseclaims; <br />oranniversarydate. <br />or <br />Wewillmailordeliverournoticetothefirst <br />(3)Wehave: <br />NamedInsured,andtotheproducerofrecord, <br />(a)Lostorexperiencedasubstantial <br />atthemailingaddressshowninthepolicy. <br />reductionintheavailabilityorscope <br />2.ResidentialProperty <br />ofreinsurancecoverage;or <br />Thisprovisionappliestocoverageonreal <br />(b)Experiencedasubstantialincrease <br />propertyusedpredominantlyforresidential <br />inthepremiumchargedfor <br />purposesandconsistingofnotmorethanfour <br />reinsurancecoverageofour <br />dwellingunits,andtocoverageontenants' <br />residentialpropertyinsurance <br />householdpropertycontainedinaresidential <br />policies;and <br />unit,ifsuchcoverageiswrittenunderoneof <br />theCommissionerhasapprovedaplan <br />thefollowing: <br />forthenonrenewalsthatisfairand <br />CommercialPropertyCoveragePart <br />equitable,andthatisresponsivetothe <br />FarmCoveragePart–FarmProperty–Farm <br />changesinourreinsuranceposition. <br />Dwellings,AppurtenantStructuresAnd <br />c.Wewillnotrefusetorenewsuchcoverage <br />HouseholdPersonalPropertyCoverageForm <br />solelybecausethefirstNamedInsuredhas <br />a.Wemayelectnottorenewsuchcoverage <br />cancelledordidnotrenewapolicy,issued <br />foranyreason,exceptasprovidedinb.,c. <br />bytheCaliforniaEarthquakeAuthority,that <br />andd.below. <br />includedanearthquakepolicypremium <br />b.Wewillnotrefusetorenewsuchcoverage <br />surcharge. <br />solelybecausethefirstNamedInsuredhas <br />d.Wewillnotrefusetorenewsuchcoverage <br />acceptedanofferofearthquakecoverage. <br />solelybecausecorrosivesoilconditions <br />However,thefollowingappliesonlyto <br />existonthepremises.Thisrestriction(d.) <br />insurerswhoareassociateparticipating <br />appliesonlyifcoverageissubjecttooneof <br />insurersasestablishedbyCal.Ins.Code <br />thefollowing,whichexcludelossor <br />Section10089.16.Wemayelectnotto <br />damagecausedbyorresultingfrom <br />renewsuchcoverageafterthefirstNamed <br />corrosivesoilconditions: <br />Insuredhasacceptedanofferof <br />(1)CommercialPropertyCoveragePart– <br />earthquakecoverage,ifoneormoreofthe <br />CausesOfLoss–SpecialForm;or <br />followingreasonsapplies: <br />(2)FarmCoveragePart–CausesOfLoss <br />(1)Thenonrenewalisbasedonsound <br />Form–FarmProperty,ParagraphD. <br />underwritingprinciplesthatrelatetothe <br />CoveredCausesOfLoss–Special. <br />coveragesprovidedbythispolicyand <br />3.Wearenotrequiredtosendnoticeof <br />thatareconsistentwiththeapproved <br />nonrenewalinthefollowingsituations: <br />ratingplanandrelateddocumentsfiled <br />a.Ifthetransferorrenewalofapolicy,without <br />withtheDepartmentofInsuranceas <br />anychangesinterms,conditionsorrates, <br />requiredbyexistinglaw; <br />isbetweenusandamemberofour <br />insurancegroup. <br />IL02700912©InsuranceServicesOffice,Inc.,2012Page3of4 <br /> <br />