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C. The following is added and supersedes any (2) The Commissioner of Insurance finds provisions to the contrary: that the exposure to potential losses will Nonrenewal threaten our solvency or place us in a 1. Subject to the provisions of Paragraphs C.2. hazardous condition. A hazardous condition Includes, but is not limited to, a and C.3. below, If we elect not to renew this policy, we will mail or deliver written notice, condition f which we make claims stating the reason for nonrenewal, to the first payments for losses result ng from an earthquake that occurred within the Named Insured shown in the Declarations, and to the producer of record, at least 60 days, but preceding two years and that required a not more than 120 days, before the a s, expiration reduction in policyholder surplus of at least 25% for payment of those claims; or anniversary date. We will mail or deliver our notice to the first or (3) We have: Named Insured, and to the producer of record, at the mailing address shown in the policy. (a) Lost or experienced a substantial 2. Residential Property reduction in the availability or scope of reinsurance coverage; or This provision applies to coverage on real property used predominantly for residential (b) Experienced a substantial increase purposes and consisting of not more than four in the premium charged for reinsurance coverage dwelling units, and to coverage on tenants' household property contained in a residential of our residential property insurance unit, if such coverage is written under one of policies; and the following: the Commissioner has approved a plan Commercial Property Coverage Part for the nonrenewals that is fair and Farm Coverage Part -Farm Property -Farm equitable, and that is responsive to the Dwellings, Appurtenant Structures And changes In our reinsurance position. Household Personal Property Coverage Form c. We will not refuse to renew such coverage a. We may elect not to renew such coverage solely because the first Named Insured has for any reason, except as provided In b., c, cancelled or did not renew a policy, Issued by the California Earthquake Authority, that and d. below. included an earthquake policy premium b. We will not refuse to renew such coverage surcharge, solely because the first Named Insured has d. We will not refuse to renew such coverage accepted an offer of earthquake coverage. solely because corrosive soil conditions However, the following applies only to exist on the premises. This restriction (d.) insurers who are associate participating applies only if coverage is subject to one of insurers as established by Cal. Ins. Code the following, which exclude loss or Section 10089.16. We may elect not to damage caused by or resulting from renew such coverage after the first Named corrosive soil conditions: Insured has accepted an offer of earthquake coverage, if one or more of the (1) Commercial Property Coverage Part - following reasons applies: Causes Of Loss - Special Form; or (1) The nonrenewal is based on sound (2) Farm Coverage Part -Causes Of Loss underwriting principles that relate to the Form - Farm Property, Paragraph D. Covered Causes Of Loss - Special. coverages provided by this policy and that are consistent with the approved 3. We are not required to send notice of rating plan and related documents filed nonrenewal in the following situations: with the Department of Insurance as a. If the transfer or renewal of a policy, without required by existing law; any changes in terms, conditions or rates, is between us and a member of our insurance group. IL 02 70 09 12 © Insurance Services Office, Inc., 2012 WieMooganed Dhilkt VI '3l 1ten EwEo d M® PRovBv: I Tay J" Risk Managm nt Analyst