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HomeMy WebLinkAbout07-5685 t 3; ;~ COMi'~iON~'VE.ALTH OF PEItiNS'YI,VANIA ~o ~,.~ '"?,~ ~ o IeIfi~IRANCE DEPARTMENT Harrisburg, PA Amril 1, ?447 Vy'hereas, the OHIO FARMERS INSURANCE COMPANY, located at Westfield Center, OH, has bled 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. Now Therefore, I, Randolph L. Rohrbaugh, Acting Insurance Commissioner of the Commonwealth of Pennsylvania, do hereby certify, in accordance with Sectioi. 1, of the Act of Assembly approved June 29, 1923 anti known as act No. 373 of the Laws of 1923, that the Ohio Farmers Insurance Company, of Westfield Center, OH, is duly authorized to become and be accepted as sole sure±y on all bonds, undertakings and obligations required ar permitted by taw or the ordinances, rules or regulations of any municipality, board, body, organization, or public officer. In `Fitness Whereof, I have hereu et my hand and affixed my off s 1, t day d ~ first above written. Acting Insurance Commissioner Financial Statement Ohio Farmers Insurance Co. Westfield Center, Ohio 44251-5001 December 31, 2006 (in thousands) ASSETS Cash, cash equivalents, and short term investments $ 54,040 Bonds 148,095 Stocks, unafj"iliated 51,682 Stocks, affiliated 1,046,981 Real estate 67,583 Agents' balances and uncollected premiums, net 42,832 Interest and dividends accrued 1,612 Other admitted and intangible assets 70,149 Total admitted assets $1,482,974 LIABILITIES Reserve for unearned premiums $ 62,650 Reserve for unpaid losses and loss expenses 101,966 Reserve for taxes and other liabilities 150.656 Total liabilities 315,272 SURPLUS Capital stock 0 Surplus 1,167,702 Total surplus 1,167,702 Total liabilities and surplus $1.482.974 State of Ohio ss: County of Medina The undersigned, being duly sworn, says: That he is Senior Executive -Surety Operations of Ohio Farmers Insurance Company, Westfield Center, Ohio; that said Company is a corporation duly organized, existing and engaged in business as a Surety Company by virtue of the Laws of the State of Ohio and authorized to do business in the State of ..~ezimsylv~uiia ............................................. and has duly complied with all the requirements of the laws of said State applicable to said Company and is duly qualified to act as Surety under such laws; that said Company has also complied with and is duly qualified to act as Surety under the Act of Congress approved July 1947, 6 U.S.C. sec. 6-13; and that to the best of his knowledge and belief the above statement is a full, true, and correct statement of the financial condition of the said Company on the 31st day of December, 2006. Attest: A. ..........................:t.......~................................................... Frank A. Camino Corporate Counsel & Secretary Sworn to before me this 14th day of February, A.D., 2007. My Commission Does Not Expire Sec. 147.03 Ohio Revised Code NOTARIAL SEAL AFFIXED Richard L. Kinnaird, Jr. =f~~ Senior Executive =oE Surety Operations '~~j:, leas.; -,;ti ' .- . ,.~ PEAL ,~P ............. F~= O:`~`~~~/~ j 9 .................. 2. r William 1• Kah '; ;. ~~°. Attorney at La " "TF oa ° Notary Public -State of Ohio BD 5402 F ~"~ N C'=.I '_ ~ 'Zl V! J~ f,~3 ~ ~1 ~ ~. ~ ;~" ~ ~ f-2'; _ J ~_. ; ~ j 'mi'l ~-' ~ ::~7 r C7 °~ ~J .`