Which of the following could NOT be a reason for an insurance company to deny renewal of a policy in RI?

The reasoning behind the answer being that a change of residence would typically not be a sufficient reason for an insurance company to deny renewal of a policy. Insurance contracts often retain their validity even when the insured's residence changes, as long as the new location does not significantly alter the risk profile associated with the policy.

In contrast, non-payment of premium is a clear violation of the terms of the contract and provides a strong basis for denial of renewal. Similarly, a fraudulent application undermines the trust essential to the insurer-insured relationship, thus justifying a refusal to renew. Lastly, failure to meet underwriting criteria suggests that the individual's risk level has changed in a way that is unfavorable to the insurer, allowing them to deny renewal as well. In summary, while the other options directly relate to the insurer’s ability to assess and manage risk, a change of residence generally should not impact the renewal of a policy.