<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:dt="uuid:C2F41010-65B3-11d1-A29F-00AA00C14882" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:"Calibri Light";
panose-1:2 15 3 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;
mso-ligatures:standardcontextual;}
h1
{mso-style-priority:9;
mso-style-link:"Heading 1 Char";
margin-top:12.0pt;
margin-right:0in;
margin-bottom:0in;
margin-left:0in;
margin-bottom:.0001pt;
line-height:105%;
page-break-after:avoid;
font-size:16.0pt;
font-family:"Calibri Light",sans-serif;
color:#2E74B5;
font-weight:normal;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:#0563C1;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:#954F72;
text-decoration:underline;}
span.Heading1Char
{mso-style-name:"Heading 1 Char";
mso-style-priority:9;
mso-style-link:"Heading 1";
font-family:"Calibri Light",sans-serif;
color:#2E74B5;}
.MsoChpDefault
{mso-style-type:export-only;
font-family:"Calibri",sans-serif;}
@page WordSection1
{size:8.5in 11.0in;
margin:.3in .3in .3in .3in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#0563C1" vlink="#954F72">
<div class="WordSection1">
<h1><img width="192" height="73" id="_x0000_i1025" src="cid:image001.png@01D9F5DF.502E6430"><o:p></o:p></h1>
<p class="MsoNormal"> <o:p></o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse">
<tbody>
<tr style="height:37.85pt">
<td width="690" colspan="2" valign="top" style="width:517.5pt;padding:0in 5.4pt 0in 5.4pt;height:37.85pt">
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">October 3, 2023<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"> <o:p></o:p></span></p>
</td>
</tr>
<tr style="height:25.85pt">
<td width="73" valign="top" style="width:54.7pt;padding:0in 5.4pt 0in 5.4pt;height:25.85pt">
<p class="MsoNormal" style="mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;margin-left:-.7pt;text-align:justify;line-height:110%">
<span style="font-family:"Arial",sans-serif">To:<o:p></o:p></span></p>
</td>
<td width="617" valign="top" style="width:462.8pt;padding:0in 0in 0in 0in;height:25.85pt">
<p class="MsoNormal" style="mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;margin-left:-.7pt;text-align:justify;line-height:110%">
<span style="font-family:"Arial",sans-serif">Department Benefit Representatives<o:p></o:p></span></p>
</td>
</tr>
<tr style="height:25.85pt">
<td width="73" valign="top" style="width:54.7pt;padding:0in 5.4pt 0in 5.4pt;height:25.85pt">
<p class="MsoNormal" style="mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;margin-left:-.7pt;text-align:justify;line-height:110%">
<span style="font-family:"Arial",sans-serif">From:<o:p></o:p></span></p>
</td>
<td width="617" valign="top" style="width:462.8pt;padding:0in 0in 0in 0in;height:25.85pt">
<p class="MsoNormal" style="mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;margin-left:-.7pt;text-align:justify;line-height:110%">
<span style="font-family:"Arial",sans-serif">Central HR Benefits Office on behalf of UC Office of the President<o:p></o:p></span></p>
</td>
</tr>
<tr style="height:.3in">
<td width="73" valign="top" style="width:54.7pt;padding:0in 5.4pt 0in 5.4pt;height:.3in">
<p class="MsoNormal" style="mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;margin-left:-.7pt;text-align:justify;line-height:110%">
<span style="font-family:"Arial",sans-serif">Re:<o:p></o:p></span></p>
</td>
<td width="617" valign="top" style="width:462.8pt;padding:0in 0in 0in 0in;height:.3in">
<p class="MsoNormal" style="mso-margin-top-alt:6.0pt;margin-right:0in;margin-bottom:6.0pt;margin-left:-.7pt;line-height:110%">
<b><span style="line-height:110%;font-family:"Arial",sans-serif">California Casualty Financial Rating Change and Multi-State Withdrawal Notification</span></b><b><span style="font-size:10.5pt;line-height:110%;font-family:"Arial",sans-serif"><o:p></o:p></span></b></p>
</td>
</tr>
</tbody>
</table>
<div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in">
<p class="MsoNormal" style="border:none;padding:0in"><o:p> </o:p></p>
</div>
<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif">DBRs please distribute this important information to your internal list serv.<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">UCOP received news of and wanted to share some significant changes regarding California Casualty.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif">AM Best Rating Change<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">California Casualty’s AM Best rating recently decreased from B++ to B due to underwriting losses over the last 18 months. Mortgage loan underwriter Freddie Mac requires insurers to maintain an
AM Best Rating of B+ or better. Due to California Casualty’s downgrade, participants with mortgages underwritten by Freddie Mac who have Cal Casualty homeowner’s insurance will receive notifications from their mortgage lender advising them to seek coverage
from an alternative carrier.</span><span style="font-family:"Arial",sans-serif;mso-ligatures:none"> A Frequently Asked Questions page can be found at:
<a href="https://protect-us.mimecast.com/s/XpGLCVOVyOhxmEP5HGmU38?domain=calcas.com">
<span style="color:windowtext">https://www.calcas.com/fm-customer-faq</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif;mso-ligatures:none"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif;mso-ligatures:none">Withdrawal from Multiple States<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif;mso-ligatures:none"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif;mso-ligatures:none">Also, California Casualty has decided to withdraw from all states
<u>except</u> Arizona, California, Colorado, Idaho, Kansas, Oregon, and Wyoming. Participants with home and/or auto policies underwritten by California Casualty in exiting states will receive a pre-notification email and a formal non-renewal notification via
standard mail beginning in mid-October 2023. Policy holders will be given a notice of at least seventy (70) days before their non-renewal effective date. The non-renewal process is expected to take up to 2 years to complete. This change will impact 216 auto
and 128 home UC policyholders. California Casualty is considered a financial institution, as a result, they are prohibited from sharing personally identifiable information (PII) customer data, such as names and possible UC location affiliation.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif">Customer Service Support<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif;mso-ligatures:none">California Casualty has established a dedicated customer service team to aid affected participants during these transition periods. Participants may contact the Agency Services
Department Team at <b>1-877-652-2638</b> or via email at <a href="mailto:agencyservices@calcas.com">
<span style="color:windowtext">agencyservices@calcas.com</span></a>. This team will offer guidance and support to participants as they navigate the process of securing new insurance coverage.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt"><o:p> </o:p></span></p>
</div>
</body>
</html>