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(2) The Commissioner of Insurance finds However, we may nonrenew: that the exposure to potential losses will (1) If willful or grossly negligent acts or threaten our solvency or place us in a omissions by the Named Insured, or his hazardous condition. A hazardous or her representatives, are discovered condition includes, but is not limited to, a that materially increase any of the risks condition in which we make claims insured against; payments for losses resulting from an earthquake that occurred within the (2) If losses unrelated to the postdisaster preceding two years and that required a loss condition of the property have reduction in policyholder surplus of at occurred that would collectively render least 25% for payment of those claims;or the risk ineligible for renewal; or (3) We have: (3) If there are physical changes in the property insured against, beyond the (a) Lost or experienced a substantial catastrophe-damaged condition of the reduction in the availability or scope structures and surface landscape, which of reinsurance coverage; or result in the property becoming (b) Experienced a substantial increase in uninsurable. the premium charged for reinsurance 3. We are not required to send notice of coverage of our residential property nonrenewal in the following situations: insurance policies; and the Commissioner has approved a plan a. If the transfer or renewal of a policy, without any changes in terms, conditions or rates, is for the nonrenewals that is fair and between us and a member of our insurance equitable, and that is responsive to the group. changes in our reinsurance position. b. If the policy has been extended for 90 days d. We will not refuse to renew such coverage or less, provided that notice has been given solely because the first Named Insured has in accordance with Paragraph C.1. cancelled or did not renew a policy, issued by the California Earthquake Authority, that c. If you have obtained replacement coverage, included an earthquake policy premium or if the first Named Insured has agreed, in surcharge. writing, within 60 days of the termination of e. We will not refuse to renew such coverage the policy, to obtain that coverage. solely because corrosive soil conditions exist d. If the policy is for a period of no more than on the premises. This restriction (e.) applies 60 days and you are notified at the time of only if coverage is subject to one of the issuance that it will not be renewed. following, which exclude loss or damage e. If the first Named Insured requests a change caused by or resulting from corrosive soil in the terms or conditions or risks covered by conditions: the policy within 60 days of the end of the (1) Commercial Property Coverage Part f policy period. Causes Of Loss f Special Form; or f. If we have made a written offer to the first (2) Farm Coverage Part ± Causes Of Loss Named Insured, in accordance with the Form I Farm Property, Paragraph D. timeframes shown in Paragraph C.1., to Covered Causes Of Loss f Special. renew the policy under changed terms or f. If a state of emergency under California Law conditions or at an increased premium rate,when the increase exceeds 25%. is declared and the residential property is located in any ZIP Code within or adjacent to the fire perimeter, as determined by California Law, we may not nonrenew this policy for one year, beginning from the date the state of emergency is declared, solely because the dwelling or other structure is located in an area in which a wildfire has occurred. Risk Management DMsim �?- REVIEWED&APPROVED BY. ® Risk Management Specialist Page 4 of 4 © Insurance Services Office, Inc., 2020 IL 02 70 07 20 81809559 KMEENTE-Cl 1 29-25 Master Certificate N—y Cadwallader 1 9/6/2-02-9 6:46:23 PM (POT) Page 9 of 9