HomeMy WebLinkAbout08-5464COMMONWEALTH OF PENNSYLVANIA
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'"~"~ ,,.~~"`r INSURANCE DEPARTMENT
Harrisburg, PA AAril 1, 2008
Whereas, the STATE FARM FIRE AND CASUALTY COMPANY, located at Bloomington, IL, 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 6b 1 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, 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 State Farm Fire and Casualty Company, of Bloomington, IL, is duly
authorized to become and be accepted as sole surety on all bonds, undertakings and obligations required or
perniitted 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.
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Insurance Commissioner
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STATE FARM FIRE AND CASUALTY COMPANY
FINANCIAL STATEMENT -December 31, 2007
Assets
Cash and Bank Deposits ....................................... $ 754,562,261
*Bonds ................................................................... 18,118,303,766
*Stocks ....:.............................................................. 4,878,832,920
Short-Term Investments ......................................... 30,437,644
Agents' Balances or Uncollected Premiums ......... 1,648,382,941
Accrued Interest, Dividends and Rents ................. 236,093,880
Net deferred tax asset ............................... 62,730,938
Other Admitted Assets ........................................... 458,272,083
Total Admitted Assets ...................................... $ 26,187,610,433
Liabilities
Unearned Premiums ................................................... $ 6,17x,040,302
Reserve for Claims and Claims Facpense ................... 6,021,(149,955
Provision for Reinsurance ........................................... 1,349,864
Reserve for Commissions, Taxes and
Other Liabilities ......................................................... 3,832,712,900
Total .......................................................................... 18,026,153,021
Reserve for Investment
Fluctuation .................................. 2,547,841,182
Capital Stock .................................. 10,000,000
Paid in Surplus ............................... 3,060,786,638
Unassigned Surplus ...................... 4,542,835,593
Surplus to Policyholders ....................................... $ 10,161,463,413
Total Liabilities and Surplus .................................... $ 26,187,816,433
*Bonds are stated at amortized or investment value; Stocks at Association Market Values.
Securities carried at $842,315,083 as of December 31, 2007 are deposited as required by law.
I, W ILLIAM V. HARPER, Assistant Secretary -Treasurer, of STATE FARM FIRE AND CASUALTY COMPANY, do
hereby certify that the foregoing is a true, and correct statement of the Assets and Liabilities of said Corporation, as of
December 31, 2007, to the best of my knowledge and belief.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Corporation at Bloomington, Illinois,
this 25th day of February, 2008.
Assistant Secretary - rea urer
2125!200811:49 AM
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