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RAILPROS, INC.
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Last modified
8/6/2024 12:39:36 PM
Creation date
8/6/2024 12:37:37 PM
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Contracts
Company Name
RAILPROS, INC.
Contract #
N-2024-254
Agency
Public Works
Expiration Date
7/21/2027
Insurance Exp Date
2/1/2025
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Attachment Code: D634134 Certificate ID: 20057479 <br />CNA <br />Cancellation - Nonrenewal - Texas <br />a written statement of the reason or reasons for such cancellation. <br />6. The following applies to Business Property or Business Crime coverage on a governmental unit, as <br />defined under 28 TEX. ADMIN. CODE, Section 5.7001 or to Business Property Coverage on one - <br />and two-family dwellings: <br />a. If this policy has been in effect for less than 90 days and is not a renewal of a policy the Insurer <br />issued, the Insurer may cancel coverage for any reason. <br />b. If this policy has been in effect for 90 days or more or is a renewal of a policy the Insurer issued, <br />the Insurer <br />may cancel coverage only for the following reasons: <br />1. If the first Named Insured does not pay the premium or any portion of the premium when due; <br />2. If the Texas Department of Insurance determines that continuation of this policy would result in <br />violation of the Texas Insurance Code or any other law governing the business of insurance in Texas; <br />3. If the first Named Insured submits a fraudulent claim; or <br />4. If there is an increase in the hazard covered by this policy that is within the control of any Named <br />Insured and would produce an increase in the premium rate of this policy. <br />c. If such coverage is cancelled, the Insurer will, at the request of the first Named Insured, provide a <br />written statement of the reason or reasons for such cancellation. <br />B. PREMIUM REFUND <br />If this policy is cancelled, the Insurer will send the first Named Insured any premium refund due. If the <br />Insurer cancels the refund will be pro rate. If the first Named Insured cancels, the refund may be less <br />than pro rate. The cancellation will be effective even if the Insurer has not made or offered a refund. <br />The notice of cancellation will state that unearned paid premium, if not tendered, will be refunded on <br />demand. <br />If Paragraph A.S. above is applicable, the refund will be pro-rata if: <br />1. The Insurer cancels the policy; or <br />2. The first Named Insured cancels this policy because: <br />a. The Insurer refused to provide additional coverage which the first Named Insured requested under <br />this policy; or <br />b. The Insurer reduced or restricted coverage under the policy without the consent of the first Named <br />Insured. <br />The refund will be less than pro-rata if the first Named Insured cancels this policy for a reason other <br />than those listed in 2.a. and 2.b. above. <br />C. NON -RENEWAL <br />CNA62814TX (01-20) <br />Policy No: 7064083945 <br />Endorsement No: 37 <br />National Fire Insurance Co of Hartford <br />Effective Date: 2/1/2024 <br />Insured Name: RAILPROS FIELD SERVICES, INC. <br />Copyright CNA All Rights Reserved. <br />r <br />wek,toiw� <br />ltrm 1!/m &APPROVmaY: <br />f <br />A,p Aaevufa <br />'�' <br />Risk Management Spetlali5t <br />
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