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ARCHILLA, ILLARY-2015
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ARCHILLA, ILLARY-2015
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Last modified
4/15/2020 8:58:17 AM
Creation date
2/10/2016 6:44:28 AM
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Contracts
Company Name
ARCHILLA, ILLARY
Contract #
N-2016-020
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Expiration Date
12/31/2016
Insurance Exp Date
7/6/2017
Destruction Year
2021
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PI-APG-CA-1 (01107) <br />laws or regulations establishing safety standards, by the Named Certificate Holder or his <br />or her representative, which materially increase any of the risks insured against; <br />(5) Failure by the Named Certificate Holder or his or her representative to implement <br />reasonable loss control requirements which were agreed by the insured as a 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 risks insured against; <br />(6) A determination by the commissioner that the loss 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 of our officers of <br />the loss of, or change in, reinsurance and that the loss or change will threaten our <br />financial integrity or solvency if the cancellation of the Certificate of Insurance is not <br />permitted shall constitute such a determination unless disapproved by the commissioner <br />within 30 days of the filing, There shall be no extension to this 30 day period; <br />(7) A determination by the commissioner that the continuation of the Certificate of Insurance <br />would place us in violation of the laws of this state or the state of its domicile or that the <br />continuation of coverage would threaten our solvency; or <br />(8) A change by the Named Certificate Holder or his or her representative in the activities or <br />property of the commercial or industrial enterprise which results in a material added risk, a <br />materially Increased risk or a materially changed risk, unless the added, increased, or <br />changed risk is included in the Certificate of Insurance. <br />If we cancel subjects to Paragraphs c,(1) through c.(8) above, we shall mail by certified mail <br />to the first Named Certificate Holder at the address shown in the Certificate of Insurance, <br />and mail to the producer of record, if any. <br />Written notice of cancellation shall take effect: <br />(1) 10 days from the date of mailing for the reasons set forth In Paragraph c.(1) and c.(2); <br />and (if) 30 days from the date of mailing 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 at the time cancellation is effected or as soon as practicable <br />thereafter. Failure to pay any premium adjustment at, on, or around the time of the effective date of <br />cancellation shall not alter the effectiveness of cancellation. <br />3. Nonrenewal of the Master Policy <br />a, If we elect not to renew this Master Policy, we will mail or deliver written notice stating the reason <br />for nonrenewai to the Members of the Fitness and Wellness Group at the mailing address shown in <br />the Master Policy Declarations, and to the producer of record, at least 60 days, but not more than <br />120 days, before the expiration date. <br />If we fail to provide timely written notice required by the paragraph above, the coverage provided to <br />the Members of the Fitness and Wellness Group shall remain in effect with no change in its terms <br />and conditions, for a period of 60 days, <br />b. We are not required to send notice of nonrenewal in the following situations: <br />(1)If the transfer or renewal of a Master Policy, without any cRV# 66 igdsbynditions or <br />rates, is between us and a member of our insurance group. <br />(2)lf the Master Policy has been extended for 90 days .., provident that no e has been <br />given in accordance with Paragraph 3,a, above <br />Carmen Acosta <br />PRCSA/Recreation <br />
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