# NEW YORK AMENDATORY ENDORSEMENT

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

This endorsement modifies insurance provided under the following:

**COMMERCIAL EXCESS LIABILITY COVERAGE FORM**

A. In accordance with the applicable law of the state of New York, such insurance as is afforded by this policy in excess of any underlying Employers Liability Insurance does not apply in New York.

B. Subparagraph 2. of D. CANCELLATION of SECTION V -- CONDITIONS, is deleted and replaced by the following:

2. **Cancellation Of Policies In Effect:**

a. **60 Days Or Less**

We may cancel this policy by mailing or delivering to the first "Named Insured" written notice of cancellation at least:

1) 30 days before the effective date of cancellation if we cancel for any reason not included in paragraph 2. a. 2) below.

2) 15 days before the effective date of cancellation if we cancel for any of the following reasons:

a) Nonpayment of premium;

b) Conviction of a crime arising out of acts increasing the hazard insured against;

c) Discovery of fraud or material misrepresentation in the obtaining of the policy or in the presentation of a claim;

d) After issuance of the policy or after the last renewal date, discovery of an act or omission, or a violation of any policy condition, that substantially and materially increases the hazard insured against, and that occurred subsequent to inception of the current policy period;

e) Material physical change in the property insured, occurring after issuance or last annual renewal anniversary date of the policy, that results in the property becoming uninsurable in accordance with our objective, uniformly applied underwriting standards in effect at the time the policy was issued or last renewed; or material change in the nature or extent of the risk, occurring after issuance or last annual renewal anniversary date of the policy, that causes the risk of loss to be substantially and materially increased beyond that contemplated at the time the policy was issued or last renewed;

f) Required pursuant to a determination of the superintendent that continuation of our present premium volume would jeopardize our solvency or be hazardous to the interest of our policyholders, our creditors or the public;

g) A determination by the Superintendent that the continuation of the policy would violate, or would place us in violation of, any provision of the Insurance Code; or

h) Where we have reason to believe, in good faith and with sufficient cause, that there is a probable risk of danger that the insured will destroy, or permit to be destroyed, the insured property for the purpose of collecting the insurance proceeds. If we cancel for this reason, you may make

CE 77 27 (Ed. 10 97)

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