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COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, P A April 1, 2001
Whereas, the UNIVERSAL SURETY OF AMERICA, located at Houston, TX, 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 of this 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 1, of the Act of Assembly approved June 29, 1923 and known as act
No. 373 of the Laws of 1923, that the Universal Surety of America, of Houston, TX, 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.
Y{.~ci\~
"'-insUrance Commissioner
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UNIVERSAL SURETY OF AMERICA
Houston, Texas
Statement of Condition and Affairs
December 31,2000
ASSETS
Bonds
Cash & short-term investments
Agents balances or uncollected premiums
Reinsurance recoverable on loss payments
Federal income tax recoverable
Electronic data processing equipment
Interest, dividends and real estate income
due and accrued
Total Assets
$ 28,921,733
3,171,550
650,462
105,079
927,022
106,480
550.853
$ 34,433.179
LIABILITIES AND SURPLUS
Losses
Reinsurance payable on loss payments
Loss adjustment expense
Other expense
Taxes, licenses and fees
Unearned premiums
Other liabilities
Total Liabilities
$ 4,275,648
401,045
1,982,773
67,498
90,900
7,492,830
3.230.040
17,540,734
Surplus Account:
Capital paid up
Gross paid in & contributed surplus
Unassigned funds
Surplus as regards policyholders
Total Liabilities and Capital
$ 4,200,000
1,000,000
11.692.445
$ 16.892.445
$ 34.433.179
Subscribed and sworn to me this
I, Melissa Cooper, Treasurer and Controller of Universal Surety of America hereby certify
that the above is an exact copy of the financial statement of the Company dated
December 31,2000, as filed with the various Insurance Departments and is a true and
correct statement of the condition of the Universal Surety of America as of that date.
Universal Surety of America
By \rJ~
Treasurer, Controller
a.\ day of P:e b rIA tLr-'1 ' 2001.
N~.
KATHRYN J. SCHROEDER
c?J NpTARY PUBLlC~
SOUTH DAKOTA
Mv commission expires:
KATHRYN J. SCHROEDER
My Commission Expires 7-21.2003
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