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<br />IMPORTANT NOTICE: <br />1. The insurance policy that you are applying to purchase is being issued <br />by an insurer that is not licensed by the State of California. These companies <br />are called “nonadmitted” or “surplus line” insurers. <br />2. The insurer is not subject to the financial solvency regulation and <br />enforcement that apply to California licensed insurers. <br />3. The insurer does not participate in any of the insurance guarantee <br />funds created by California law. Therefore, these funds will not pay your <br />claims or protect your assets if the insurer becomes insolvent and is unable <br />to make payments as promised. <br />4. The insurer should be licensed either as a foreign insurer in another <br />state in the United States or as a non-United States (alien) insurer. You <br />should ask questions of your insurance agent, broker, or “surplus line” <br />broker or contact the California Department of Insurance at the toll-free <br />number 1-800-927-4357 or internet website www.insurance.ca.gov. Ask <br />whether or not the insurer is licensed as a foreign or non-United States <br />(alien) insurer and for additional information about the insurer. You may <br />also visit the NAIC’s internet website at www.naic.org. The NAIC—the <br />National Association of Insurance Commissioners—is the regulatory <br />support organization created and governed by the chief insurance <br />regulators in the United States. <br />5. Foreign insurers should be licensed by a state in the United States and <br />you may contact that state’s department of insurance to obtain more <br />information about that insurer. You can find a link to each state from this <br />NAIC internet website: https://naic.org/state_web_map.htm. <br />  <br />  <br />City Council 15 – 47 8/5/2025