The URL can be used to link to this page

Home My WebLink About07-4467r ~J~,,o ~ qq;~: ~ 7 " ~~07 C~ COMMONWEALTH OF PENNSYLVANIA f~ f °~,~T„°F~M"'a INSURANCE DEPARTMENT Harrisburg, PA April 1, 2007 Whereas, the NGM INSURANCE COMPANY, located at Jacksonville, Florida, 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, Joel Ario1 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 La~~•s of 1923, that the NGM Insurance Company, of Jacksonville Florida, 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. ~~~' Acting insurance Commissioner w -® THE MAIN STREET AMERICA GROUP NGM Insurance Company • Old Dominion Insurance Company Main Street America Assurance Company ~ MSA Insurance Company Information Systems and Services Corporation I certify that at the Annual Meeting of the Directors of the NGM Insurance Company duly called and held at Jacksonville, Florida on March 9, 2007, the following officers were elected and still remain in office: THOMAS M. VAN BERKEL ..............CHAIRMAN OF THE BOARD, PRESIDENT AND CHIEF EXECUTIVE OFFICER WILLIAM ANDERSON, SUSAN MACK , ANTONIA M. PORTERFIELD ........................................................................................... SENIOR VICE PRESIDENTS EDWARD J. KUHL .............................EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER & TREASURER BRIAN J. BEGGS, STEPHEN D. CANTY, MICHAEL LANCASHIRE, GEOFFREY S. MOLINA, BARBARA A. PARKER, HENRY J. PIPPINS .........................................VICE PRESIDENTS JOEL GELB ............................................................................ VICE PRESIDENT & CHIEF INFORMATION OFFICER EDWARD P. LOTKOWSKI ................................................................... VICE PRESIDENT & CORPORATE ACTUARY WILLIAM C. MCKENNA ..........................................................VICE PRESIDENT & ASSISTANT SECRETARY MARLIN J. CRAWFORD DAVID S. MEDVIDOFSKY, SHARON PETRELL, DEBRA POSPIEL DEBRA POSPIEL, RICHARD SCHULTZ, KEVIN SMICK, JOHN THOMPSON, DENNIS B. UHLER .........................................ASSISTANT VICE PRESIDENTS TIMOTHY O. MUZZEY ............................................................................... ASSISTANT VICE PRESIDENT/ACTUARY WILLIAM GARVEY, MICHAEL GROGAN, DEBORAH JANSEN, CATHERINE PARRISH, ROY VIANDS, MARLIN J. CRAWFORD ...................................ASSISTANT SECRETARIES DEAN DORMAN ........................................................................................................................ ASSISTANT ACTUARY THOMAS FRAZIER .............................................................................................................. ASSISTANT TREASURER RESIDENT VICE PRESIDENTS (Appointed) MARK BERGER ........................................................................................... VICE PRESIDENT, SYRACUSE REGION KEVIN KOWAR ............................................................................................. VICE PRESIDENT, SOUTHERN REGION I further certify that the following statement of the Company is true as take from the records of said Company as of December 31, 2006. ADMITTED ASSETS Bonds at Amortized Values ...................... $ 363,441,142 Stocks at Market Value ........................... ..... 480,490,333 First Mortgage Loans .............................. .........1,770,738 Real Estate ............................................. .........5,137,027 Cash in Office and Banks ....................... ........(1,986,406) Short Term Investments ......................... .......18,285,927 Agent's Balance (Less than 90 Days)..... .......89,441,124 Accrued Interest ..................................... ......... 3,208,549 Other Assets ........................................... ....... 48,768,187 TOTAL ADMITTED ASSETS .............. $1,008,556,621 LIABILITIES Reserve for Losses ............................................. $ 194,199,973 Reserve for Loss Adjustment Expenses ........ ........... 35,752,378 Reserve for Unearned Premiums .................. .........164,181,585 Reserve for Other Underwriting Expenses .... ...........14,745,943 Reserve for Taxes, Licenses, and Fees ........ .............5,071,198 Loss Drafts in Transit .................................... .............9,822,172 Other Liabilities ............................................ ........... 24,473,361 Total Liabilities .............................................. .........448,246,610 Policyholders' Surplus ................................... .........560,310,011 TOTAL ....................................................... .... $1,008,556,621 Securities as deposited by law, included above = $ 7,511,866 I further certify that the following is true and exact excerpt from Article IV, Section 2 of the By-Laws of NGM 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 authority to appoint attorneys-in-fact and to authorize them to execute on behalf of the company and affix the seal of the company thereto, bonds, recognizances, contracts of indemnity or writings obligatory in the nature of a bond, recognizance or conditional undertaking and to remove any such attorneys-in-fact at any time and revoke the power and authority given to them." Subscribed and Sworn to before me on this 12th day of March, 2007 ~ ~ ~ ~ P. A. Han+Qll ~~~~~~ ""v'( Corrmis~ion t DW84125 Expires Auputt 21,2009 ~ 1 ~ 6pMM Tp, IYn • MMYw. I,C tlOdINCI/ My Commission Expires IN WITNESS THEREOF, I hereunto subscribe my name and affix the seal of said company this 12th day ~~~,,,,,,,,,,,,,~ of March, 2007 a ~~~a ~~~~4 _ ~ ~ ~~ ~% ar ~~~~4jinym~' ,~aa~o°~• 68-1191 (3/07) ~~ ~ V `-V '~ V Q S- a ~~ m r~r', Z;L, ~~ ~e. ~ ,~~ tr: D na a _o c.,.. C r- N •..! 'Z7 W N G3