HomeMy WebLinkAbout04-1679COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
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Harrisburg, PA April 1, 2004
Whereas, the NATIONAL GRANGE MUTUAL INSURANCE COMPANY, located at Keene, NH,
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 o£ 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 1 ?th 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, M. Diane Koken: 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 National Grange Mutual Insurance Company, of
Keene, NH, 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.
Insurance Commissioner
~THE M^~N STI~ET AMERICA GROUP
I certify that at the Annual Meeting of the Directors of the National Grange Mutual Insurance Company duly called and held at Keene,
New Hampshira on March 12, 2004, the following officers were elected and still remain in office:
PHiLiP D. KOERNER ....................................................................................... CHAIRMAN OF THE BOARD
THOMAS M. VAN BERKEL .................................................... PRESIDENT AND CHIEF EXECUTIVE OFFICER
JEANNE H. EDDY ........................................................................................ EXECUTIVE VICE PRESIDENT
STEPHEN CANTY, -- "
KELLY STACY ............................................................................................... SENIOR VICE PRESIDENTS
SCOTT GERLACH,
JOSEPH L. GRAUWILER ............................................................................................. VICE PRESIDENTS
JOEL GELB ................................................................. VICE PRESIDENT & CHIEF INFORMATION OFFICER
EDWARD J. KUHL ......................................... VICE PRESIDENT, TREASURER & CHIEF FINANCIAL OFFICER
EDWARD LOTKOWSKI ............................................................. VICE PRESIDENT & CORPORATE ACTUARY
WILLIAM C. MCKENNA ........................................................................... VICE PRESIDENT & SECRETARY
JOHN M. HERRON, LYN E. LANDRY,
GREG E. MANNING, GEOFFREY MOLINA,
TIMOTHY MUZZEY, DEBRA POSPIEL,
KEVIN SMICK, WALLACE H. SMITH,
JOHN THOMPSON, DENNIS B. UHLER ........................................................ ASSISTANT VICE PRESIDENTS
MARLIN CRAWFORD, MICHAEL GROGAN,
DEBORAH JANSEN ........................................................................................ ASSISTANT SECRETARIES
DEAN DORMAN ................................................................................................. ASSISTANCE ACTUARY
RICHARD SCHULTZ ......................................................................................... ASSISTANT TREASURER
RESIDENT VICE PRESIDENT8 (Appointed)
WILLIAM ANDERSON ............................................................... VICE PRESIDENT, NEW ENGLAND REGION
MARK BERGER ............................................................................. VICE PRESIDENT, SYRACUSE REGION
KEVIN KOWAR .............................................................................. VICE PRESIDENT, SOUTHERN 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, 2003.
ADMITTED ASSETS
Bonds at Amortized Values .................. $ 283,426,644
Stoc.~s at Market Value .......................... 225,834,590
First Mortgage Loans ............................ 1,974,252
Real Estate ......................................... 4,771,569
Cash in Office and Banks ....................... (6,716,572)
Short Term Investments .......................... t7,051,677
Agent's Balance (Less than 90 Days) ....... 76,908,564
Accrued Interest .................................. 3,058,108
Other Assets ................................... :.....45,106,168
TOTAL ADMITTED ASSETS .............. 651,415,000
LIABILITIES
Reserve for Losses .................................... $142,565,580
Reserve for Loss Adjustment Expenses ............ 16,825,085
Reserve for Unearned Premiums .................. 136,453,103
Reserve for Other Unde~vrifing Expenses ......... 11,380,374
Reserve for Taxes, Licenses, and Fees .............. 3,735,684
Loss Drafts in Transit .....................................
Other Liabilities ............................................ 23,597,317
Total Liabilities ........................................... 334,557,143
Policyholders' Surplus .................................. 316,857,857
TOTAL ................................................. 651,415,000
Securities as deposited by law, included above = $ 7.422,825
I further certify that the following is tree and exact excerpt from Article V, Section 2 of the By-Laws of National Grange Mutual
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, recog-
nizance or conditional undertaking and to remove any such attorneys-in-fact at any time and revoke the power and authority given to
them."
Subscrib ,eL:f and Sworn to before me ii%t%tlllllllllll~ IN WITNESS THEREOF, I
on this 12"' day of March, 2004 ..~~ ~. ~(~'.~"./4',~ hereunto subscribe my name and tt%l!lllllrfll/,
~O~.~,~e.,~ ......... ~?~..~,.~ af~ the seal of said company this
~ ~ . ~_ 12= day of March, 2004
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