HomeMy WebLinkAbout08-3018T'~~
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COMMONWEALTH OF PENNSYLVANIA
.,•
O~ON~E~IiH OF ~E~`+y: INSURANCE DEPARTMENT
Harrisburg, PA Auril 1, 2008
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~'
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
anal known as act No. 373 of the Laws of 1923, that the Farmington Casualty Company, of Hartford, C f, 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.
~~~s-'
Acting Insurance Commissioner
FARMINGTON CASUALTY COMPANY
HARTFORD. CONNECTICUT 06183
FINANCIAL STATEMENT AS OF DECEMBER 31,7007
CAPPfAL STOCKS 6,000,000
ASSETS LUi81 S d. St~2P'lUS
SASH b INVESTED CASH S 34«889,388 UNEARNED PREMIUMS S 119
141
28A
30ND5 798,842,117 LOSSES ,
«
460
088
787
STOC4C 1B«385.218 LOSS ADJUSTMENT EXPENSES ,
,
700
371
745
JTHER INVESTED ASSETS 20«599,558 COMMISSIONS ,
,
9
053
115
NVESTMENT INCOME DUE AND ACCRUED 41,222,770 TAXES, LICENSES AID FEES .
,
6
598
818
'REMIUM BALANCES 77,132,101 OTHER EXPENSES .
.
7
903
734
~1ET DEFERRED TAX ASSET 14,915«299 CEDED REINSURANCE NET PREMit!#AS PAYABLE ,
,
7
777
470
RECEIVABLE FROM PARENT, SU65IDIARIES & AFFILIATES
'
' 4,453,694 AMOUNTS WITHHELD f RETAINED BY COMPANY FOR OTHERS ,
,
2
063
742
QUI
I
IES ANp DEPOSCTS W POOLS & ASSOCI,4TION5 2.475.150 POLK:YHOLOER DNtt)ENDS ,
,
453
795
:EIRRENT FEDERAL AND FOREIGN TAX RECOVERABLE 718,836 RETROACTNE REINSURANCE RESERVE CEDED ,
(4,Si 7
641}
STATE SURCHARGES RECENASLE 320,404 OTHER ACCRUED EXPENSES ANO LIABILITIES ,
251.207
3THER ASSETS 48.732 TOTAL LWBIUTIES S 709,086,056
CAPITAL STOCK $ 8,000«000
PAID !N SURPLUS 126,174,589
OTHER SURPLUS 140,653,630
TOTAL SURPLUS TO POLICYHOLDERS S 277,828,219
(OTAL ASSETS S 98i,914~ TOTAL LtABiLfiIES 6 SURPLUS S 981,914,275
STATE OF CONNECTICUT }
~OttNTY OF HARTFORD }SS.
TTY OF HARTFORD S
.AWRENCE A. SEUTA, BEING DULY SWORN, SAYS THAT HE !S CHIEF FINANCIAL. OFFICER -TRAVELERS BOND & FINANCIAL PRODUCTS,
JF FARMINGTON CASUALTY COMPANY., AND THAT TO THE BEST OF HIS KWOWLEDGE AND BELIEF, THE FOREGOING IS A
FRUE AND CORRECT STATEMENT OF THE FINANCIAL CONDITION ~ SAID COMPANY AS OF THE 31st DAY OF DECEMBER. 2007.
SUl3SGRLBEffl ANL7 SWORN TO BEFORE ME THIS
L 1th t?AY OF MARCH, 2008
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CHEF FINANCIAL OFFICER -TRAVELERS BOND & FINANCIAL. PRODUCTS
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MARtt~ C. TFTREAULT
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