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CNA CNA PARAMOUNT Cancellation / Nonrenewal - California 4. The notice will state the actual reason for the cancellation, 5. Notice of cancellation will state the effective date of cancellation. The policy period will end on that date. 6. If notice is mailed, proof of mailing will be sufficient proof of notice. B. PREMIUM REFUND If this policy is cancelled, the Insurer will send the Named Insured any premium refund due. If the Insurer cancels the refund will be pro rate. If the Named Insured cancels, the refund may be less than pro rate. The cancellation will be effective even if the Insurer has not made or offered a refund. C. NONRENEWAL 1. The Insurer can non -renew the policy by giving written notice to the Named Insured, at the last mailing address known to the Insurer, and the producer of record at least sixty (60) days but not more than one hundred twenty (120) days before the expiration date. 2. The notice of nonrenewal will state the actual reason for nonrenewal. 8. If notice is mailed, proof of mailing will be sufficient proof of notice. 4. A notice of nonrenewal will not be required in any of the following situations: a. The transfer of, or renewal of, a policy without change In Its terms or conditions or the rate on which the premium is based between insurers that are members of the same Insurance group. b. The policy has been extended for ninety (90) days or less, if the notice required has been given prior to the extension. c. The Named Insured has obtained replacement coverage or has agreed, in writing, within sixty (60) days of the termination of the policy, to obtain that coverage. d. The policy is for a period of no more than sixty (60) days and the Named Insured is notified at the time of issuance that it may not be renewed. a. The Named Insured requests a change in the terms or conditions or risks covered by the policy within sixty (60) days prior to the end of the policy period. f. The Insurer has made a written offer to the Named Insured, within the prescribed time period, to renew the policy under changed terms or conditions or at a changed premium rate, where the increase is more than 25%. As used herein, "terms or conditions" includes, but is not limited to, a reduction in limits, elimination of coverages, or an Increase in deductibles. 5. In the case of conditional renewal, failure of the Named Insured to satisfy conditions provided by the Insurer for renewal, by the expiration date of the policy or sixty (60) days after mailing or delivery of such notice, whichever is later, the conditional renewal shall be treated as an effective nonrenewal. D. CONDITIONAL RENEWAL 1. If the policy has been In effect for more than sixty (60) days or if the policy is a renewal, effective immediately no Increase in premium, reduction in limits, or change in the conditions of coverage shall be effective during the policy period unless based upon one of the following reasons: a. Discovery of willful or grossly negligent acts or omissions, or of any violations of state laws or regulations establishing safety standards by the Named Insured or Insured(s) which materially increase any of the risks or hazards insured against. b. Failure by the Named Insured or Insured(s) to implement reasonable loss control requirements which were agreed to by the Insured as a condition of policy issuance or which were conditions precedent to the use by the Insurer of a particular rate or rating plan, if the failure materially increases any of the risks insured against. c. A determination by the commissioner that loss of or changes in an insurer's reinsurance covering all or part of the risk covered by the policy would threaten the financial integrity or solvency of the Insurer unless the change in the terms or conditions or rate upon which the premium is based is permitted. CNA62814CA (7-20) Policy No: 7092433885 Page 2 of 4 Endorsement No: 23 Nat'l Fire Ins Co of Hartford Effective Date: 06/24/2024 Insured Name: HOUSTON & HARRIS PCS INC. Copyright CNA All Rights Reserved.