HomeMy WebLinkAbout01-2409 FX
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COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2001
Whereas, the AMERICAN STATES INSURANCE COMPANY, located at Indianapolis, IN, has filed
in this Department a certified copy of its charter and a detailed statement of its Assets and Liabilities, and
otherwise complied with the requirements of Section 661 of the Act of Assembly of the Commonwealth of
Pennsylvania, entitled "An act relating to insurance; amending, revising and consolidating the Law &c.,"
approved the 17th day of May, A.D. 1921, as well as with the requirements of the laws ofthis Commonwealth
applicable to such company in doing business herein.
Now Therefore, I, M. Diane Koken, Insurance Commissioner of the Commonwealth of Pennsylvania, do
hereby certify, in accordance with Section I, of the Act of Assembly approved June 29,1923 and known as act
No. 373 of the Laws of 1923, that the American States Insurance Company, of Indianapolis, IN, is duly
authorized to become and be accepted as sole surety on all bonds, undertakings and obligations required or
permitted by law or the ordinances, rules or regulations of any municipality, board, body, organization, or
public officer.
In Witness Whereof, I have hereunto set my hand and
affixed my official seal, the day and year first above written.
'<t.,~ cS(rJ.ku;v
Insurance Commissioner
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'Fi) S A FEe O.
Assets
Cash and Bank Deposits ......
* Bonds - U.S. Government .................
. Other Bonds .....
* Stocks
Real Estate. .... .... .... .... .... ........ .... .... ..... ... ..... ..........
Agents' Balances Of Uncollected Premiums ...",..
Accrued Interest and Rents ...........................
Other Admitted Assets ..................................
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AMERICAN STATES INSURANCE COMPANY
FINANCIAL STATEMENT - DECEMBER 31, 2000
$
(40,395,013)
160,218,018
959,840,153
395,408,109
20.979,960
168,680,066
17,264,987
12,515,232
Liabilities
Unearned Premiums ....................................
Reserve for Claims and Claims Expense "'.........m.
Funds Held Under Reinsurance Treaties ................
Reserve for Dividends to Policyholders .................
Additional Statutory Reserve .................................
Reserve for Commissions, Taxes and
Other liabilities ................................................
Total...............................................................
$ 336,416,228
811,136,345
5.334
4,829,463
119,455,655
$1,271,843,025
Capital Stock .............................
Paid in Surplus ...........................
Unassigned Surplus ...................
$ 5,000,000
537,757.201
(120,088.714)
Surplus to Policyholders ..............................
422.668,487
Total Admitted Assets .................................. $1,694,511,512
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I, MICHAEL C. PETERS, senior vice president of American States Insurance Company, do hereby certify that the foregoing is a true, and correct
statement of the Assets and liabilities of said Corporation, as of December 31, 2000, to the best of my knowledge and belief.
Total Liabilities aud Surplus ............................... $1,694,511,512
* Bonds are stated at amortized or investment value; Stocks at Association Market Values. Securities
carried at $17,434,132 are deposited as required by law.
IN WITNESS WHEREOF, 1 have hereunto set my hand and affixed the seal of said Corporation at Seattle, Washington, this 1st day of
March, 2001,
S-1262/ASI3/01
Senior Vice President
"'~. registered trademark of SAFECO Corporation
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