HomeMy WebLinkAbout03-3322COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2003
Whereas, the NATIONAL GRANGE MUTUAL INSURANCE COMPANY, located at Keene, NH,
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 1, of the Act of Assembly approved June 29, 1923 and known as act
No. 373 of the Laws of 1923, that the National Grange Mutual Insurance Company, of
Keene, NH, 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
-L~NATIONAL GRANGE
~INSURANCE COMPAaNY
I certify that at the Annual Meeting of the Directors of the National Grange Mutual Insurance Company duly called and held at
Keene, New Hampshire on March 14, 2003, the following officers were elected and still remain in office:
PHILIP D. KOERNER CHAIRMAN OF THE BOARD
THOMAS M. VAN BERKEL PRESIDENT AND CHIEF EXECUTIVE OFFICER
' JEANNE H. EDDY EXECUTIVE V CE PRESIDENT
STEPHEN CANTY,
KELLY STACY SENIOR VICE PRESIDENTS
sCOTT GERLACH, JOSEPH GRAUWILER,
RICHARD HYATT, EDWARD LOTKOWSKI ViCE PRESIDENTS
GUY M. COOPER ViCE PRESIDENT AND CHIEF INVESTMENT OFFICER
JOEL GELB VICE PRESIDENT AND CHIEF INFORMATION OFFICER
EDWARD J. KUHL ................................. VICE PRESIDENT, TREASURER AND CHIEF FINANCIAL OFFICER
WILLIAM C. MCKENNA VICE PRESIDENT AND SECRETARY
JOHN HERRON, LYN E. LANDRY,
GREGORY E. MANNING, GEOFFREY MOLINA,
TIMOTHY O. MUZZEY, KEVIN SMICK,
WALLACE H. SMITH, JOHN THOMPSON,
ASSISTANT VICE PRESIDENTS
DENNIS n. UHLER
MICHAEL GROGAN, DEBRA POSPIEL,
MARLIN J. CRAWFORD .................................................................................. ASSISTANT SECRETARIES
RICHARD SGHULTZ ..................................................................................... ASSISTANT TREASURER
RESIDENT VICE PRESIDENTS (APPOINTED)
WILLIAM ANDERSON ................................................................. VICE PRESIDENT, NEW ENGLAND REGION
MARK BERGER ........................................................................ VICE PRESIDENT. SYRACUSE REGION
KEVlN KOWAR ................. VICE PRESIDENT, SOUTHERN REGION
I further certify that the following statement of the Company
31, 20O2
ADMI~ ~eO ASSETS
Bor~s at Amortized Values ........ 246,489,905
Stocks at Market Value ................................ 165,329,385
First Mo~'tgage Loans ................... 2,039 371
Real Estate ................................................... 4,966,t98
Cash in Office and Banks ................................ 1,766,066
Short Term Investments ................................. 10.223,638
Agent's Balance (Less than 90 Days) .............. 69,905,217
Acc~'ued Interest ............................................ 3,079,577
Other Assets ............................................... 41,883,855
TOTAL ADMI I' I kD ASSETS ......................... 545,683,212
Securities as deposited
true as taken h'om the records of said Company as of December
LIABILITIES
Reserve for Losses ........................................... 129,147,557
Reserve for Loss Adjustment Expenses ................ 14,149,063
Reserve for Unearned Premiums ........................ ~ ! 5,415,724
Reserve for Other .Underwriting Expenses .............. 11,167,875
Reserve for Taxes, I. Jcet~ses, and Fees ................... 2,900,663
Loss Drafts in Transit ........................................ -
Other Liabilities ............................................... 22,096,681
Total Liabilities ............................................... 294.877,563
Policyholders' Surplus .................................... 250,805,649
TOTAL .................................................. 545,683,2I 2
by law, included above .- $ 4,703,038
I ~urther certify that the following is a true and exact exerpt from Article V, Se~:tion 2 of the By-Laws of National Grange
Mutual Insurance Company which is still valid and existing.
'The board of directors, the president, any vice president, secretary, or the treasurer shall have the power and auttiority to
appoint attorneys-in-fact and to authorize them to execute on behalf of the company and affix the seal of the company thereto,
bo~ds, recognizance or conditional undertaking and to remove any such attorneys-in-fact at any time and revoke the power and
authority givee to them.'
Subscribed and Sworn to before me
o~ this 15th day of March, 2003
My Commission Expires March 19, 2008
68-1191 (3/03)
.."~ '~. IN WITNESS THEREOF, I hereunto subscribe my name and
.- ~,., ...~.t~.~ ;. affix ~e ~eal of said ~mpany this 15th day of March, 2003
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