Laserfiche WebLink
CALIFORNIA WORKERS' COMPENSATION INSURANCE <br /> NOTICE OF NONRENEWAL <br /> Section 11664 of the California Insurance Code requires 4. The policy is for a period of no more than 60 days <br /> us, in most instances, to provide you with a notice of and you were notified at the time of issuance that it <br /> nonrenewal. Except as specified in paragraphs 1 may not be renewed. <br /> through 6 below, if we elect to nonrenew your policy, we 5. You requested a change in the terms or conditions <br /> are required to deliver or mail to you a written notice or risks covered by the policy within 60 days prior to <br /> stating the reason or reasons for the nonrenewal of the the end of the policy period. <br /> policy. The notice is required to be sent to you no <br /> earlier than 120 days before the end of the policy period 6. We made a written offer to you to renew the policy <br /> and no later than 30 days before the end of the policy at a premium rate increase of less than 25 percent. <br /> period. If we fail to provide you the required notice, we <br /> are required to continue the coverage under the policy (A) If the premium rate in your governing <br /> with no change in the premium rate until 60 days after classification is to be increased 25 percent or <br /> we provide you with the required notice. greater and we intend to renew the policy, we <br /> shall provide a written notice of a renewal offer <br /> We are not required to provide you with a notice of not less than 30 days prior to the policy renewal <br /> nonrenewal in any of the following situations: date. The governing classification shall be <br /> determined by the rules and regulations <br /> 1. Your policy was transferred or renewed without a established in accordance with California <br /> change in its terms or conditions or the rate on Insurance Code 11750.3(c). <br /> which the premium is based to another insurer or <br /> other insurers who are members of the same (B) For purposes of this Notice, "premium rate" <br /> insurance group as us. means the cost of insurance per unit of <br /> exposure prior to the application of individual <br /> 2. The policy was extended for 90 days or less and the risk variations based on loss or expense <br /> required notice was given prior to the extension. considerations such as scheduled rating and <br /> experience rating. <br /> 3. You obtained replacement coverage or agreed, in <br /> writing, within 60 days of the termination of the This notice does not change the policy to which it is <br /> policy, to obtain that coverage. attached. <br /> Form PN 04 99 02 B (Ed. 5-02) Printed in U.S.A. Page 2 of 2 <br />