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onnunign Envelope ID:o2xeooCn-7uaF-4o7A+\sea-Cnn7sonn1eeE <br /> CNA <br /> CONTINENTAL CASUALTY COMPANY <br /> CNA PLAZA <br /> CHICAGO, ILLINOIS 60685 <br /> LAWYERS PROFESSIONAL LIABILITY POLICY <br /> AMENDMENT OF TERMINATION PROVISIONS - <br /> NORTH CAROLINA <br /> It is understood and agreed that Condition K, Cancellation/Nonrenewal is deleted and replaced in its entirety by the <br /> following: <br /> K. Cancellation and Nonrenewal <br /> 1. Cancellation <br /> a. This Policy may be canceled by the Named Insured by returning it to the Company, The Named <br /> Insured may also cancel the Policy by written notice to the Company stating at what future date <br /> cancellation is to be effective, <br /> ' b <br /> If this Policy has been in effect for less than 80 days, this Company may cancel this Policy by <br /> mailing or delivering to the Named Insured written notice of cancellation at least 15 days before <br /> the effective date of cancellation. <br /> c. If this Policy has been in effect for 60 days or more, or if it is a renewal of a policy issued by the <br /> Company, the Company may cancel only for one or more of the following reasons: <br /> (1) Nonpayment of premium when due in accordance with the policy terms; <br /> (2) Conviction of the Insured of a crime arising out of acts that materially affect the <br /> insurability of the risk; <br /> (3) An act or omission by the Insured or his or her representative that constitutes material <br /> misrepresentation or nondisclosure of a material fact in obtaining this po|icy, continuing <br /> this pn|ioy, or presenting a claim under this policy; <br /> (4) Substantial breach of contractual duhem, conditions or warranties that materially affects <br /> the insurability of the risk; <br /> (5) A fraudulent act against the Company by the Insured or his or her representative that <br /> materially affects the insurability of the risk; <br /> (6) Willful failure by the Insured or his or her representative to inst ube <br /> reasonable loss control measures that materially affect the insurability of the risk after <br /> written notice has been given by the Company; <br /> (7) Increased hazard or material change in the risk assumed that could not have been <br /> reasonably contemplated by the parties at the time the risk was assumed; <br /> (8) Loss of facultative reinsurance or loss of or substantial changes in applicable reinsurance <br /> which covers the Policy; or <br /> (9) A determination by the North Carolina Commissioner of Insurance that continuation of the <br /> Policy would violate or place the Company in violation of the laws of North Carolina. <br /> (10) The Named Insured fails to meet the requirements contained in the corporate charter, <br /> articles of incorporation or bylaws of this Company, when the Company is organized for <br /> the sole purpose of providing members of an organization with insurance coverage in <br /> North Carolina. <br /> However, the Company may cancel this Policy for any reason provided the Company obtains <br /> the Named Insured's prior written consent. <br /> The Company may cancel this Policy by mailing, or by delivery of a written notice of cancellation <br /> to the Named Insured at the address last known to the Company. The Company will provide <br /> written notice at least: <br /> G-118039-A32 (6-08) Policy No: 596371335 <br /> Page 1 Endorsement No: 4 <br /> Continental Casualty Company Effective Date: 10/15/2016 <br /> Insured Name: Batch, Poore &Williams, PC <br /> CNA All Rights Reserved. <br />