Laserfiche WebLink
P| -APG -CA -1 (01/07) <br />(4) Discovery of willful or grossly negligent acts or omissions, or of any violations of state <br />laws orregulations establishing safety atandardm, by the Named Certificate Holder orhis <br />or her representative, which materiafly increase any of the risks insured against; <br />(S) Failure by the Named Certificate Holder or his or her nepreaembabve to implement <br />reasonable loss control requirements which were agreed by the insured as condition of <br />policy issuance or which were conditions precedent to the use by us of a particular rate or <br />rating plan, if the failure materially increases any of the hsks insured against-, <br />(6) Adetennination by the commissioner that the koss of, or changes in, our reinsurance <br />covering all or part of the risk would threaten our financial integrity or solvency. A <br />certification made under penalty of perjury to the commissioner by one ofour officers of <br />the loss of, or change in, reinsurance and that the loss or change will threaten our <br />financial integrity or ao�venoy if the cancellation of the Certificate of Unemnsnoe is not <br />permitted shall constitute such a determination unless disapproved by the commissioner <br />within BOdays ofthe filing. There shall benoextension tmthis 3Dday period; <br />(7) A determination by the commissioner that the continuation of the Certificate of |oaureuoe <br />would pUaoe um in violation of the |ewe of this ahaba or the state of its donmic�Ve or that the <br />continuation ofcoverage would threaten our solvency; or <br />(8)Achange by the Named Certificate Holder orhis or her representative in the activities mr <br />property of the commercial or industrial enterprise which results in a material added risk, a <br />materially increased risk ora materially changed risk, unless the edded, incm*aood, or <br />changed risk isincluded inthe Certificate ofInsurance. <br />Ufwecancel subjects bzParagraphs o.(1)through c.(8) above, weshall mail bycertified mail <br />to the first Named Certificate Holder at the address shown in the Certificate of |nsuranoe, <br />and mail hothe producer ofrecord, ifany. <br />Written notice of cancellation shall take effect: <br />(i)1Odays from the date ofnnaiNmgfor the reasons set forth inParagraph c.(1)and c.(2),, <br />and (iii) 30 days from the date mfmailing for the reasons set forth in Paragraph c.(3) <br />through c.(8). <br />d. If the Certificate of Insurance is canceled by us, the earned premium shall be computed pro -rata. <br />Premium adjustment may be made atthe time cancellation is effected or as noon as practicable <br />thereafter. Failure to pay any premium adjustment at, on, or around the time of the effective date of <br />oencekationshall not alter the effectiveness ufcancellation. <br />3. Npnremmvvm| of the Master Policy <br />a� If we elect not to renew this Master Po|ioy, we will mail or deliver written notice stating the reason <br />for nonrenewal to the Members of the Fitness and Wellness Group at the mailing address shown in <br />the Master Policy Deo|anatimns, and to the producer ofrecord, at least 60 daye, but not more than <br />120 days, before the expiration date. <br />If we fail toprovide timely written notice required by the paragraph above, the coverage provided to <br />the Members of the Fitness and VVeUmoss Group shall remain in effect with no change in its bamnm <br />and conditions, for aperiod cf 60 days. <br />lb. We are not required tosend notice cfnonrenewal inthe following s�tuaUmne: <br />(1)If the transfer or renewal of Master Policy, without any changes in tenna, conditions or <br />rates, |sbetween us and amember ofour insurance group, <br />(2)If the Master Policy ` has been extended for 8O days or less, provided that notice has been <br />given inaccordance with Paragraph 3.m.above Reviewed by: <br />,Silvia Cuevas <br />Page 2of4 <br />