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_~ _~ COMMONWEALTH OF PENNSYLVANIA
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°'~,~,,,,F.~" INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2008
Whereas, the UNITED STATES FIDELITY AND GUARANTY INSURANCE COMPANY, located at
Hunt Valley, 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 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 Ario, 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 United States Fidelity and Guaranty Insurance
Company, of Hunt Valley, 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.
In Witness Whereof, I have hereunto set my hand and
affixed my official seal, the day and year first above written.
Acting Irfsurance Commissioner
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UNITED STATES FIDELITY AND GUARANTY COMPANY
Statement of Financial Condition
December 31, 2007
Assets
United States government bonds $ 261,037,157
Other public bonds 2,474,399,618
All other bonds 636,482,393
Stocks -preferred 0
- common 156,056,117
Mortgage loans 0
Real estate 0
Cash, cash equivalents and short-term investments 138,458,193
Financial options and futures 0
Other invested assets 19,104,295
Premiums and considerations (Agents' balances) 229,832,814
Investment income due and accrued 43,530,530
Federal income tax recoverable/Net deferred tax asset 51,870,052
All other assets 68,795,880
Total Assets $ 4,079,567,049
Liabilities. Capital and Suralus
Loss and loss adjustment expenses $ 1,670,132,805
Unearned premiums 355,008,826
Reserve for taxes 19,662,695
All other reserves and liabilities 106,259,669
Total Liabilities 2,151,063,995
Special surplus funds 5,105,919
Capital 35,214,075
Unassigned surplus 1,888,183,060
Total Capital and Surplus 1,928,503,054
Total $ 4,079,567,049
State of Connecticut
County of Hartford
The foregoing is a correct statement of the financial condition, on a statutory basis, of the United
States Fidelity and Guaranty Company as of December 31, 2007, according to the best of our
information, knowledge and belief.
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Second Vice President
Subscribed and sworn to before me of April, 2008
Notary Public
My commission expires November 30, 2012
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