HomeMy WebLinkAbout07-3773T•
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:~ COMMONWEALTH OF PENNSYLVANIA
,«,,,.~ ' INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2007
Now Therefore, I, Randolph L. Rohrbaugh) Acting Insurance Commissioner of the Commonwealth of
rennsylvania, do hereby certify, in accordance with Section 1, ofthe Act of Assembly approved June 29, 1923
and known as act No. 373 of the Laws of 1923, that the Fidelity and Deposit Company of Maryland, 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.
Whereas, the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, 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 17"' 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.
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FIDELITY AND DEPOSIT COMPANY
The OF MARYLAND
3910 KESWICK ROAD, BALTIMORE, MD 21203
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Companies Statement of Financial Condition
As Of December 31, 2006
ASSETS
Bonds ............................................................................................................................................... $ 150,563,710
Stocks ............................................................................................................................................... 39,367,826
Cash and Short Term Investments ................................................................................................... 38,939,878
Reinsurance Recoverable ................................................................................................................. 8,609,769
Other Accounts Receivable .............................................................................................................. 25,762,452
TOTAL ADMITTED ASSETS ........................................................................................................ $ 263,243,635
LIABILITIES, SURPLUS AND OTHER FUNDS
Reserve for Taxes and Expenses ...................................................................................................... $ 625,582
Ceded Reinsurance Premiums Payable ............................................................................................ 32,539,586
Securities Lending Collateral Liability ............................................................................................ 35,322,207
TOTAL LIABILITIES .................................................................................................................... $ 68,487,375
Capital Stock, Paid Up ........................................................................................ $ 5,000,000
Surplus ................................................................................................................ 189,756,260
Surplus as regards Policyholders ...................................................................................................... 194,756,260
TOTAL ....................................................................................................................................... $ 263,243,635
Securities carried at $33,209,464 in the above statement are deposited as required by law.
Securities carried on the basis prescribed by the National Association of Insurance Commissioners. On the basis of
December 31, 2006 market quotations for all bonds and stocks owned, the Company's total admitted assets would be
$261,193,375 and surplus as regards policyholders $192,706,000.
I, DAVID A. BOWERS, Corporate Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, do hereby
certify that the foregoing statement is a correct exhibit of the assets and liabilities of the said Company on the 31st
day of December, 2006.
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Corporate Secretary
State of Illinios
City of Schaumburg SS:
Subscribed and sworn to, before me, a Notary Public of the State of Illinois, in the City of Schaumburg, this 20th day of March, 2007.
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Notary Public
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OFFICIAL SEAL
MARLO G SARABYN
NOTARY PUBLIC -STATE OF ILLINOIS
MY COMMISSION EXPIRES:11/25/07
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