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HomeMy WebLinkAbout01-2794 FX " L , ^~ '"-",_~_!",,,J!." 11: 0 1- ;J n 'I Cu;.:.( T p-- . , COMMONWEALTa OF PENNSYLVANIA INSURANCE DEPARTMENT Harrisburg, PA April 1, 2001 Whereas, the VIGILANT INSURANCE COMPANY, located at New York, New York, 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 requirement~ 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, of the Act of Assembly approved June 29,1923 and known as act No. 373 of the Laws of 1923, that the Vigilant Insurance Company, of New York, New York, 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. ~ 1\.::::~~ . (I'tJ(fVQ(.J """ ". ~ . Insurance Commissioner . ., -j~,", VIGILANT INSURANCE COMPANY STATEMENT OF ASSETS, LIABILITIES AND SURPLUS TO POLICYHOLDERS Statutory Basis DECEMBER 31, 2000 (in thousands of dollars) ASSETS Cash ........................................................... $ United States Govemment, State and Municipal Bonds ...................................... Other Bonds ............................................... Stocks ..... ................. ............ ......... .............. Short Term Investments .............................. 3,539 33,325 89,341 4,548 5,788 TOTAL INVESTMENTS ............,.............. 136,541 investments in Affiliates .............................. Net Premiums Receivable .......................... Other Assets ............................................... 5,230 20,555 7,567 TOTAL ADMITTED ASSETS ...................... $ 169,893 - LIABILITIES AND SURPLUS TO POLICYHOLDERS Outstanding Losses and Loss Expenses ..... Uneamed Premiums .................................... Provision for Reinsurance ............................ Other Liabimies... ...... ................... ................. $ 58,590 15,697 281 40,555 TOTAL LIABILITIES ................................... 115,123 Capital Stock ................................................ Paid-In Surplus............................ ................. Unassigned Funds ....................................... Unrealized Depreciation of Investments ...... 4,500 25,169 25,121 (20) SURPLUS TO POLICYHOLDERS ............ 54,770 TOTAL LIABILITIES AND SURPLUS TO POLICYHOLDERS ........................... $ 169,893 Investments are valued in accordance with requirements of the National Association of Insurance Commissioners. Investments valued at $7,674 are deposited with govemment authorities as required by law. KAREN A. PRICE Notary PublJc, State of New Jersey No. 2231647 Commission EXplr6S Oct. 28, 2004 Form 27-10-0074 (Rev, 4--01) A CORRECT STATEMENT: ~ fluy-/ ~~ 15 /~~ Assistant Secretary or Attorney-in-Fact i' , "lbh'~;J:i~~'ti,JlllliHI......~l"'>.ollJ~,w;'1~;';'""",<<I"'~I""h~"'""'d':+--":,,,J.'iM>~;_.:;"","",~.,,.,' "__'="'Co'bU_'~"'",j~;i!t;I.,U;;:""~...""W;",-*",,,~l~.'''\WI1b"~,",I'."'''''- aJj~li..ii ~ ~Q :--J ~J"':. ~ -.... * - ~ ~ -.... G.J C;:; -..0 t ~ ~ f! (]I (") C >,. "0"" 111r1t: 2:-' ~~~' rEfi:; ~; 2:0' S:;:. ~c- ~ ""<!II! 9..:> ".. t"O '~.. .. . "' CJ ~) , -,... .....,.'.. .::I:> -< tL) J ~_, . "-,' ;t:,.. :::!'~ , l ~ :--:~ ,~,~~\ :~~~ -~..,. or:; -< t