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HomeMy WebLinkAbout99-04451?T d I I. f YI ?I Al S (V 1 Laa COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT qq-y4si Cd,(Q TerM CERTIFICATE OF AUTHORITY Effective Date: April 1, 1999 TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA NAIC NO 31194 HAS COMPLIED WITH THE REQUIREMENTS OF THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA RELATING TO ADMISSION IN SAID COMMONWEALTH FOR THE PURPOSE OF TRANSACTING INSURANCE BUSINESS IN PENNSYLVANIA AND THAT THE ABOVE NAMED COMPANY IS HEREBY AUTHORIZED TO TRANSACT THE BUSINESS OF: 40.5.102(c)(2) Accident and Health 40.5-102(c)(11) Auto Liability 40.5.102 (c) (5) Bailer and Machinery 40.5-102 (c) (6) Burglary and Then 40.5.102(c)(7) Credit 40.5.102 (c) (9) Elevator 40-5.102 (c) (1) Fidelity and Surety 40-5.102 (c) (3) Glass 40.5.102 (b) (2) Inland Marine and Physical Damage 40-5.102 (c) (10) Livestock 40-5.102 (e) (12) Mine and Machinery 40.5-102 (b) (3) Ocean Marine 40.5.102 (c) (4) Other Liability 40.5-102 (c) (13) Personal Property Floater 40.5.102 (b) (1) Property and Allied Lines 40.5-102 (c) (8) Water Damage 40.5.102 (c) (14) Workdt Compensation FOR THE YEAR ENDING MARCH 31, 2000, IN ACCORDANCE WITH ITS CHARTER AND IN CONFORMITY WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA. IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND AFFIXED MY OFFICIAL SEAL, THE DATE AND YEAR FIRST ABOVE WRITTEN. M. DIANE KOKEN INSURANCE COMMISSIONER TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA HARTFORD, CONNECTICUT 06183 FINANCIAL STATEMENT AS OF DECEMBER 31, 1998 CAPITAL STOCK $ 6,000,000 ASSETS - LIABILITIES CASH d INVESTED CASH $ 82,506,364 UNEARNED PREMIUMS S 168 072 217 BONDS STOCK 932,546,636 LOSSES , , 267,625,436 OTHER INVESTED ASSETS 15,556,265 17,756,967 LOSS ADJUSTMENT EXPENSES ACCRUED EXPENSES AND OTHER 86,703,781 INVESTMENT INCOME DUE LIABILITIES 46 978 212 AND ACCRUED 12,157,876 PROVISION FOR REINSURANCE , , 6 698 000 PREMIUM BALANCES 28,222,857 , 1 REINSURANCE RECOVERABLE 1,442 440 OTHER ASSETS 6,819,433 TOTAL LIABILITIES 596,277,646 CAPITAL STOCK s 6,000,000 PAID IN SURPLUS 198,297,402 OTHER SURPLUS 296,433,790 SURPLUS TO POLICYHOLDERS 500,731,192 TOTAL $ 1,097,008,838 TOTAL S 1,097,008,838 STATE OF CONNECTICUT ) COUNTY OF HARTFORD )SS. CITY OF HARTFORD ) D. CRAIG MENSE, BEING DULY SWORN, SAYS THAT HE IS A SENIOR VICE PRESIDENT, BOND, OF TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, AND THAT TO THE BEST OF HIS KNOWLEDGE AND BELIEF, THE FOREGOING IS A TRUE AND CORRECT STATEMENT OF THE FINANCIAL CONDITION OF SAID COMPANY AS OF THE 31ST DAY OF DECEMBER, 1998. ..Wll-t rry,_ NOTARY ae PUBLIC SUBSCRIBED AND SWORN TO BEFORE ME THIS 12TH DAY OF APRIL, 1999 SENIOR VI E PRESID NT, BOND NOTARY PUBLIC MY COMMISSION EXPIRES JUNE 30, 2001 J V v I? - V) -? T C7 o -? r