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HomeMy WebLinkAbout07-3295~7~3a~.~ ~~ ~' COMMONWEALTH OF PENNSYLVANIA +~, ''~:,~ ar.~- INSURANCE DEPARTMENT Harrisburg, PA Auril 1, 2007 Whereas, the FARMINGTON CASUALTY COMPANY, located at Hartford, CT, 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 17`h 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, Randolph L Rohrbaugh, Acting 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 Farmington Casualty Company, of Hartford, CT, 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 fy~t~bove written. Acting Insurance Commissioner FARMINGTON CASUALTY COMPANY HARTFORD. CONNECT~UT 08183 FINANCIAL STATEMENT AS OF DECEMBER 31,2008 CAPITAL STOCKS 6,044,000 CASH 8 INVESTED CASH S 12,424,043 UNEARNED PREMIUMS $ 117,234.126 818 456 245 BONDS STOCK 776«233,728 17,575,407 TOSSES LOSS ADJUSTMENT EXPENSES , . 101,484.756 OTHER INVESTED ASSETS INVESTMENT INCOME DUE AND ACCRUED 32«788,374 10,785,770 COMMiSSK)NS TAXES, LICENSES AND FEES 8,826,393 6.544.949 PREMIUM BALANCES 75,382.811 OTF~R EXPEt+~ES 7•~$«879 200 331 NET DEFERRED TAX ASSET EQUITIES AND DEPOSITS [N POOLS 8 ASSOCIATIONS 19,744,153 2«288«316 DIVIDENDS CURRENT FEDERAL AND FOREIGN INCOME TAXES , 750.079 STATE SURCFIARGES RECEIVABLE 308,897 7 38 CEDED REINSURANCE NET PREMIUMS PAYABLE AMOUNTS WITHHELD i RETAINED BY COMPANY FOR OTFIERS 5.303.610 1,585.858 OTHER ASSETS d7d, I PAYABLE TO PARENT« SU$SIDIARiES AND AFFILIATES 1,498,841 RETROACTIVE REINSURANCE RESERVE CEDED t5.d~.~~) OTHER ACCRUED EXPENSES AND LIABILITIES {x,859) TOTAL i-!ABILITIES $ 702x0..79 CAPITAL STOCK S 6,40D«040 PAID IN SURPLUS 126,174«589 OTHER SURPLUS 108.539«429 TOTAL SURPLUS TO POLICYFIOLDERS S 240.714.018 TOTAL ASSETS S 941,99$097 TOTAL LIABILITIES 8 SURPLUS 'o®? STATE OF CONNECTICUT COUNTY OF HARTFORD )SS~ CITY OF HARTFORD } LAWRENCE A. SIUTA« BEING DULY SWORN. SAYS THAT FIE IS CHIEF FINANCIAL OFFICER -TRAVELERS BOND 8 FINANCIAL PRODUCTS. CF FARAAINGTON CASUALTY COMPANY, AND THAT Tfl TFIE BEST OF HIS KNOWLEDGE AND BELIEF, THE FOREGOINf3 IS A TRUE AND CORRECT STATEMENT flF THE FINANCIAL CONDITION OF SAID COMPANY AS OF T'HE 31st DAY OF DECEMBER, 2006. SUBSGFtIBEO AND SWORN TO BEFORE INE THIS 29TH DAY OF MARCH, 2007 ,~.~rr.s~aa an, .a ° '-~i '~ M S w« 'J{Jj aka ««y yi„r\ `a 4~~X S'SUt%E$~~ CHIEF Fl NCiAL OFFICER - TRA ERS BOND 8 FINANCIAL PRODUCTS NOTARY p IC Anna P. Nawik Notary Public My Commission Expires June 30, 2011 ~. O ~ ~ ~ ~ o r. tea. ~ V ~ ~ ~ .i~ ~: '~ ~ ~ ,~- -<