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SOLOMAN, STEPHEN H. (2)
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SOLOMAN, STEPHEN H. (2)
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Last modified
9/23/2022 1:13:38 PM
Creation date
3/1/2022 3:03:45 PM
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Contracts
Company Name
SOLOMAN, STEPHEN H.
Contract #
N-2022-042-01
Agency
Planning & Building
Destruction Year
2029
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IMPORTANT NOTICE: <br />1. The insurance policy that you have purchased is being issued by <br />an insurer that is not licensed by the State of California. These <br />companies are called "nonadmitted" or "surplus line" insurers. <br />2. The insurer is not subject to the financial solvency regulation <br />and enforcement that apply to California licensed insurers. <br />3. The insurer does not participate in any of the insurance <br />guarantee funds created by California law. Therefore, these funds <br />will not pay your claims or protect your assets if the insurer becomes <br />insolvent and is unable to make payments as promised. <br />4. The insurer should be licensed either as a foreign insurer in <br />another state in the United States or as a non -United States (alien) <br />insurer. You should ask questions of your insurance agent, broker, or <br />"surplus line" broker or contact the California Department of <br />Insurance at the toll -free number 1-800-927-4357 or internet website <br />www.insurance.ca.gov. Ask whether or not the insurer is licensed as <br />a foreign or non -United States (alien) insurer and for additional <br />information about the insurer. You may also visit the NAIC's internet <br />website at www.naic.org. The NAIC—the National Association of <br />Insurance Commissioners —is the regulatory support organization <br />created and governed by the chief insurance regulators in the United <br />States. <br />5. Foreign insurers should be licensed by a state in the United <br />States and you may contact that state's department of insurance to <br />obtain more information about that insurer. You can find a link to <br />each state from this NAIC internet website: <br />https:Hnaic.org/state—web—map.htm. <br />6. For non -United States (alien) insurers, the insurer should be <br />licensed by a country outside of the United States and should be on <br />Rlsk Management DWblan <br />4WREVIEWED S APPRMEM BY: <br />' fMcw + a P.. V Uir mcl <br />� Risk Management Analyst <br />
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