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2. We may elect to conditionally renew the policy in accordance with 215 ILCS 5/462a. a. For policies issued, delivered, amended, or renewed on or after January 1, 2019 ("this policy") we will provide the employer with written notice of our intent to conditionally renew if, compared to this policy, the renewal premium is in excess of 5% above the rate recommendation filed with and approved by the Illinois Department of Insurance. b. To determine whether the renewal premium is in excess of 5% above the rate recommendation, we will not consider any premium increases generated from the following items: o Increased loss costs o Increased exposure units o The application of an experience rating modification o The application of a contracting classification premium adjustment program o The application of a large deductible program o The application of a retrospective rating plan o An audit of auditable coverages c. Mailing or delivering such written notice to the employer at least 30 days in advance of the expiration date of this policy, at the address shown in Item 1. of the Information Page, and to the authorized agent or broker will be deemed sufficient notice under this section. d. This conditional renewal notice will include a statement that clearly identifies: (1) The amount of the premium increase or, if the amount cannot reasonably be determined as of the time the notice is provided, a reasonable estimate of the premium increase based on information available to us at that time (2) The reason for the increased premium in excess of the rate recommendation filed with the Illinois Department of Insurance Form WC 12 06 03 Printed in U.S.A. ew cF RAMwagementDMsian Jy/\'x REVIEWED & APPROVED BY.- V"° --� Risk janagement Analyst