HomeMy WebLinkAbout03-2614COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April Iv 2003
Whereas, the OHIO FARMERS INSURANCE COMPANY, located at Westfield Center, OH,
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 requiremems 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 Ohio Farmers Insurance Company, of Westfield Center, OH, 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, roles 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.
Insurance Commissioner
Financial
Statement
December 31, 2002
Ohio Farmers Insurance Co.
Westfield Center, Ohio 44251-5001
(in thousands)
ASSETS
Cash
Bonds
Stocks, Unaffiliated
Stocks, Affiliated
Real Estate
Agents' Balances and Uncollected Premiums, Net
Interest and Dividends Accrued
Other Admitted and Intangible Assets
TotalAdmittedAssets $ 802,666
LIABILITIES
Reserve for Unearned Premiums $ 47,198
Reserve for Unpaid Losses and Loss Expenses 70,592
Reserve for Taxes and Other Liabilities 100,872
Total Liabilities 218,662
SURPLUS
Surplus 584, 004
Total Surplus 584,004
Total Liabilities & Surplus $ 802,666
HOME OFFICE
MAY 0 ! 200
$ 2,124
100,657
46,952
532,161
54,361
31,619
1,025
33, 767
State of Ohio
ss:
County of Medina
The undersigned, being duly sworn, says: That he is Senior Executive - Fidelity & Surety Operations of Ohio
Farmers Insurance Company, Westfield Center, Ohio; that said Company is a corporation duly organized,
existing and engaged in bus ness as a Surety Company by virtue of the Laws of the State of Ohio and
in the State of Penn~.yvan a and has duty complied with all
authorized to do business .......................... ' '
the requirements of the laws of said State applicable to said Company and is duly qualified to act as Surety
under such laws; that said Company has also complied with and is duly qualified to act as Surety under the Act
of Congress approved July 1947, 6 U.S.C. sec. 6-13; and that to the best of his knowledge and belief the
above statement is a full, true, and correct statement of the financial condition of the said Company on the 31st
day of December, 2002.
Attest: ~.~
'~i' '~uanP;~ ~&hs e ~ r et a rY ~
Sworn to before me this 12th day of February, A.D., 2003.
My Commission Does Not Expire
Sec. 147.03 Ohio Revised Code
NOTARIAL
SEAL
AFFIXED
BD 5402 F
Senior Executive
Fidelity & Surety Operations
William J. KaOlin
Attorney at Law
Notary Public - State of Ohio