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Home My WebLink About08-3497,' ~,~G n Rqq 7ZG, b O - 3 T~9 / l..~U~c./ /4... ?J ~_'' COMMONWEALTH OF PENNSYLVANIA a ,,~ ~'°+~.E~~TM°F~„~•r INSURANC E DEPARTMENT Harrisburg, PA April 1, 2008 R'hereas, 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 Commonw~,u.~.r o Pennsylvania, entitled "An act relating to insurance; amending, revaing 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 r~erein. Now Therefore, I, Joel Arioi 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 NGM Insurai;ee Company, of Jacksonville Florida, is duly authorized to become and be accepted as sole surety on all bonds, undertakings and obligations required or permirt%d 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 ,' ® 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 14, 2008, the following officers were elected and still remain in office: THOMAS M. VAN BERKEL ..............CHAIRMAN OF THE BOARD, PRESIDENT AND CHIEF EXECUTIVE OFFICER EDWARD J. KUHL .............................EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER & TREASURER WILLIAM ANDERSON, DOUGLAS EDEN ANTONIA M. PORTERFIELD ........................................................................................... SENIOR VICE PRESIDENTS SUSAN MACK ..........................................SENIOR VICE PRESIDENT, GENERAL COUNSEL & SECRETARY BRIAN J. BEGGS, JOHN THOMPSON, MICHAEL LANCASHIRE, GEOFFREY S. MOLINA, BARBARA A. PARKER, HENRY J. PIPPINS .........................................VICE PRESIDENTS JOEL GELB ............................................................................ VICE PRESIDENT & CHIEF INFORMATION OFFICER EDWARD P. LOTKOVVSKI ................................................................... VICE PRESIDENT & CORPORATE ACTUARY MARLIN J. CRAWFORD, DAVID S. MEDVIDOFSKY, GREGG EFFNER SHARON PETRELL DEBRA POSPIEL, RICHARD SCHULTZ, KEVIN SMICK, , DENNIS B. UHLER .........................................................................ASSISTANT VICE PRESIDENTS TIMOTHY O. MUZZEY, DEAN DORMAN ................................................... ASSISTANT VICE PRESIDENT/ACTUARY WILLIAM GARVEY, MICHAEL GROGAN, DEBORAH JANSEN, BRUCE FOX CATHERINE PARRISH, ROY VIANDS, TIMOTHY COTTON ..........................................ASSISTANT SECRETARIES THOMAS FRAZIER .............................................................................................................. ASSISTANT TREASURER RESIDENT VICE PRESIDENTS (Appointed) MARK BERGER ........................................................................................... VICE PRESIDENT, SYRACUSE REGION STEVE BERRY ........................................................................................VICE PRESIDENT,NEW ENGLAND 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, 2007. ADMITTED ASSETS Bonds at Amortized Values ...... ................ $ 966,032,471 Stocks at Market Value ............. ...................483,151,940 First Mortgage Loans ................ .......................1,694,330 Real Estate ............................... .......................5,425,033 Cash in Office and Banks ......... ...................... (4,850,552) Short Term Investments ........... ..................... 39,526,450 Agent's Balance (Less than 90 Days)..........236,237,624 Accrued Interest ....................... ....................... 9,134,099 Other Assets ............................. ..................... 80,762,522 TOTAL ADMITTED ASSETS .............. $1,817,113,917 LIABILITIES Reserve for Losses ............................................. $ 534,743,165 Reserve for Loss Adjustment Expenses ............. ....... 99,572,720 Reserve for Unearned Premiums ...................... .....417,283,967 Reserve for Other Underwriting Expenses ........ .......42,108,715 Reserve for Taxes, Licenses, and Fees ............ .......13,611,173 Loss Drafts in Transit ........................................ .......17,190,714 Other Liabilities ................................................ ....... 73,035,648 Total Liabilities .................................................. ..1,197,546,102 Policyholders', Surplus ....................................... ..... 619,567,815 TOTAL ........................................................... $1,817,113,917 Securities as deposited by law, included above = $ 8,258,593 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 17th day of March, 2008 ' P. A. Harroll Catrniesion>« DW84125 Expires Aupuat 21 2009 I III lM~1tl fM IIw•N,IMw~ILR /OtF7/F/01~ My Commission Expires IN WITNESS THEREOF, I hereunto subscribe my name and affix the seal of said company this 17th day ~~~,,,u,,,,,,lll of March, 2008 u ~.~`° ~~''% ?'~ u Fo 'Fe °_ 1923 ~ ' ''til ~ i p I I/ l l I `I ~~"`A 68-1191 (3/OS) N ~° Si f'C' 1;., A ~ r ~~' ~ ~''" ~'= - t7'~ ~~ G,y w ~ A, ~ ~~ r, v ~. ..e' .._ ~ ~ crjl,~'i ~- i.. ~'L7 r~ 0 ~ c , 3 ~? -~ `..~ ~' K -e pW ~ X ~- ~ ~ ~~ ~ ~. o ~ ~ ~ ~ ~ ~- w ~. r~ ~ ~.