HomeMy WebLinkAbout03-2740 ~,03- ,z 7',' v ~;d '7",~-..
COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April I, 2003
Whereas, the UNITED STATES FIDELITY AND GUARANTY INSURANCE COMPANY, located at
Baltimore, MD, 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 17t~ 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 United States Fidelity and Guaranty Insurance Company, of
Baltimore, MD, 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.
Insurance Commissioner
Financial Statement - December 311 200"~
Ass~s
Bonds
Stocks
Mortgage Loans
Real Estate
Cash
Short Term Investments
Other Invested Assets
Receivable for Securities
Deferred Gain on Investments
Agents' Balances
Funds Held Deg. with Reins. Co.
Amts Biltad/Rec'd under High Ded. Policies
Reinsurance Recoverables
Fed. and Foreign Income Tax Recoverable
Accrued Interest & Dividends
Adjustment for Foreign Exchange
Receivable from Affiliates
Equity/Deposits/Pools & ASSOC.
Other Asseta
TOTAL ASSETS
United States Fidelity and Guaranty Compan1!
$ 3.084,867,766
480,175,314
75,929,166
5,543,358
489,820,325
513.915
(488,005)
215,717,128
86,206,719
114,075,133
41,663,242
19,045,840
23,813,489
$ 4,978,741,812
Uabgltles. Surplus. & Other Funds
Losses
Reins, Payable on Paid Losses
Loss Adjustment Expenses
Contigent Commissions
Other Expenses
Taxes, Licenses and Fees
Unearned Premiums
Advance Premiums
Dividends Unpaid- Policyholders
Ceded Reinsurance Premiums Payable
Funds Held - Reins. Treaties
Funds Withheld
Remittances and Items Not Allocated
Provision for Reinsurance
Drafts Outstanding
Payable to Affiliates
Payable for Secudttas
Other Liabiihies
TOTAL LIABILITIES
Capital Paid Up
Surplus
Surplus as Regards Policyholders
TOTAL LIABILITIES & SURPLUS
70.579,288
1,727,865,765
Securities ca,flied at $33~,659,566 in the foregoing statement, are deposited as required by law,
STATE OF MINNESOTA ]
] SS
COUNTY OF RAMSEY ]
Sheila M. Brown, Assistant Vice President - Financial Reporting, of the United States Fidelity and Guaranty Company, being duly sworn, deposes and says
that she is the above desc~bed officer of said company; that said company is a corporation duly organized, existing and engaging in business as a surety
company under and by virtue of the laws of the State of Ma~/tand, and has duly complied with all requirements of the laws of said state applicable to said
company and is duty qualified to act as a surety under such taws; that the above is a true statement of the assets and liabilities of said company of the
31 st day of December, 2002
Subsc~ibod and sworn to me before this 14t~h day of March. 2003.
$ 2,056,244,796
6.534.207
355,842,876
13.488,764
40,932,469
25,392.894
350,823,159
894,967
8.134,923
37,533,476
2,036.628
135,180
92,407,104
868,926
107,603,067
66,450,449
3.180,296.760
1.798,445.053
$ 4,978,741,812
NO FARY PUBLIC- UINNESOTA
MY COMMISSION
EXPIRES JAN. 31, 2005