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HomeMy WebLinkAbout01-2793 FX ~,~ .;..-. , ; I 1- '0 -- ~ 1 , .~ "".-'''._'"''''~'t -4t DI- 02 7 '? 3 {!.w.;{.~ COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT Harrisburg, P A April 1, 2001 Whereas, the PACIFIC INDEMNITY COMPANY, located at Milwaukee, Wisconsin, 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 I, ofthe Act of Assembly approved June 29, 1923 and known as act No. 373 of the Laws of 1923, that the Pacific Indemnity Company, of Milwaukee, Wisconsin, 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. rr. .r.,,,,._~. tv~ ~~-~ ,.. '-Tnsiii-'&n~ommissionei' .-.. " '"L,JJ~J" 'O~, '. ~bW~'~~<l'.J.~ ~,' ~, . , . PACIFIC INDEMNITY COMPANY STATEMENT OF ASSETS, LIABILITIES AND SURPLUS TO POLICYHOLDERS Statutory Basis DECEMBER 31, 2000 (in thousands of dollars) LIABILITIES AND SURPLUS TO POLICYHOLDERS ASSETS $ (4,864) Cash ..........................,................................ United States Government, State and Municipal Bonds ...................................... Other Bonds ............................................... Stocks .................... .... ...................... ........... Short Term Investments.............................. Other Invested Assets ................................ Outstanding Losses and Loss Expenses..... Unearned Premiums .................................... Provision for Reinsurance ............................ Other Liabilities................. .......... .................. $ 1,496,691 470,370 13,396 61,309 1,888,997 301,969 29,425 6,686 66,893 TOTAL INVESTMENTS ........................... 2,289,106 TOTAL LIABILITIES ................................... 2,041,766 Investments in Affiliates .............................. Net premiums Receivable .......................... Other Assets ............................................... 40,426 156,065 89,169 Capttal Stock ................................................ Paid-In Surplus ..... ...................... .................. Unassigned Funds ....................................... Unrealized Appreciation of Investments ....... 5,535 110,020 415,931 1,514 SURPLUS TO POLICYHOLDERS ............ 533,000 TOTAL LIABILITIES AND SURPLUS TO POLICYHOLDERS ........................... $ 2,574,766 TOTALADMITTED ASSETS .................... $ 2,574.766 Investments are valued in accordance wtth requirements of the National Association of Insurance Commissioners. Investments vaiued at $6,944 are depostted wtth govemment authorities as required by law. A CORRECT STATEMENT: U~~~~~n~ KAREN A. PRICE Notary Public, Stata of New Jersay No. 2231647 Commission Expires Oct. 28. 2004 Form 2.7.11J-1J07~ (Rev. 4-01) ~~~'''-" ~ "~""'>-1l<i.;\M"'ili'<,",~~~H'"";-",ir;;-""--'r""",,h""~~""':;""~~",,<;i,~'i\&!WlIil..!iw.~lI~'''$f\1l<~___~_lJI '," ... -'i~:,. ~. . " .~ . # )l:::, \) ~ tt. J"\ 0 0 1\:- ~ c ........ S: y: ...... -c10.J -r;," ...... ~ ~ q~cr; ----<-~ u., :z:e- , "- r-r u~--,,'- 'D C ~~;2::: { ~~c,,:; ~ - i;o ':-:J "" ~::(....\ ~ J>c ?? ~~ Z !'"" <- :< ::n <Xl -< 'E+ ~ "~'"""'-"'" , .. ,. ~,- ",""'",'."".""., ~,'.. ~^ .--~ .,~ .~~,~ ~.~ ... ,-" ~ ~_r, ". ~ .~ ~ ~ ~, .--