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HomeMy WebLinkAbout04-1447 LEXINGTON NATIONAL INSURANCE CORPORATION 214 EAST LEXINGTON STREET BALTIMORE, MARYLAND 21202 STATEMENT OF ASSETS, LIABILITIES, SURPLUS AND OTHER FUNDS AT DECEMBER 31, 2003 ASSETS Bonds (Amortized Value) Common Stocks (Market Value) Mortgage Loans on Real Estate Real Estate - Properties held for sale Cash & Bank Deposits Short Term Investments Other Invested Assets Unpaid Premiums & Assumed Balances Electronic Data Processing EquipmenE Interest & Dividends Due and Accrued Funds Held in Escrow Accounts Other Assets TOTAL ASSETS LIABILITIES, SURPLUS & OTHER FUNDS Losses (Reported losses net as to reinsurance ceded and incurred but not reported losses) Other Expenses (Excluding taxes, licenses and fees Taxes, Licenses & Fees (Excluding Federal Income Tax) Unearned Premiums Ceded Premiums Payable Accounts Withheld by Company for Account of Others TOTAL LIABILITIES $2,444,360 411,851 2,691,055 1,134,265 1,228,732 385,980 28,852 25,428 9,759,923 0 $ 250,000 163,024 111,408 1,560,141 13,699 9,759,923 $11,858,195 Common Capital Stock Gross Paid-in & Contributed Surplus Unassigned Funds (Surplus) Surplus as Regards Policyholders TOTAL LIABILITIES, SURPLUS & OTHER Fb-NDS 2,000,400 424,600 3,827,251 6,252,251 $18,110,446 I, Brian J. Frank, President of Lexington National Insurance Corporation, certify that the foregoing is a fair statement of Assets, Liabilities, Surplus and Other Funds of this Company, at the close of business, December 31, 2003, as reflected by its books and records and as reported in its statement on file with the Insurance Department of the State of Maryland IN TESTIMONY WHEREOF, I have set my hand and affixed the seal of the Company this 1st day of April, 2004. INSURANCE DEPARTMENT I, M. Diane Kokcn, Insurance Commissioner of thc Commonwealth of Pe~msyh'ania, do hereby certify that the attached is a full, true and correct copy of the Certificate of Authority of LEXINGTON/~/ATIONAL INSURANCE CORPORATION, as the same appears of record and remains on file with this Department. In Witness Whereof, I have hereunto set my hand and caused my official seal to be affixed this 30th day of March, 2004. COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT CERTIFICATE OF AUTHORITY Casualty Effective Date: April 1, 2004 LEXINGTON NATIONAL INSURANCE CORPORATION NA1C NO. 3794O HAS COMPLIED WITH THE REQUIREMENTS OF THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA RELATING TO ADMISSION IN SAID COMMONWEALTH FOR THE PURPOSE OF TRANSACTING INSURANCE BUSINESS IN PENNSYLVANIA AND THAT TIdE ABOVE NAMED COMPANY IS HEREBY AUTIdORIZED TO TRANSACT THE BUSINESS OF: 4o-5-102 (c) (I) Fidelity and Surely FOR THE YEAR ENDING MARCH 31, 2005, IN ACCORDANCE WITH ITS CHARTER AND IN CONFORMITY WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA. IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND AFFIXED MY OFFICIAL SEAL, THE DATE AND YEAR FIRST ABOVE WRI~I-EN M. DIANE KOKEN INSURANCE COMMISSIONER