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HomeMy WebLinkAbout09-2948 ??QP? qq b?2 by 0 9- a 9 q COMMONWEALTH OF PENNSYLVANIA a ok'fiH pf fEN'`J INSURANCE DEPARTMENT Harrisburg, PA April 1, 2009 Whereas, the HARTFORD ACCIDENT AND INDEMNITY 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 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 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 Hartford Accident and Indemnity Company, of Hartford, CT, 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. 11 Commissioner Hartford Aceident and Indemnity Company Hartford, Connecticut Financial Statement, December 31, 2008 (Statutory Basis) ASSETS U.S. Government Bonds ................ $ 220,168,243 Bonds of Other Governments ........... 252,574,172 State, County, Municipal and Miscellaneous Bonds ......... 6,732,522,404 Stocks .......................... 1,558,755,882 Short Term Investments ................ 668,153,038 $ 9,432,173,739 Real Estate ............................... $ - Cash ....................................... 4,235,922 Agents' Balances (Under 90 Day...... 216,708,367 Other Invested Assets ................... 441,682,558 Miscellaneous ............................ 840,500,587 Total Admitted Assets ................. $ 10,935,301,173 STATE OF CONNECTICUT COUNTY OF HARTFORD ss. CITY OF HARTFORD LIABILITIES Reserve for Claims and Claim Expense......... Reserve for Unearned Premiums ..... Reserve for Taxes, License and Fees ...................... Miscellaneous Liabilities ............. Total Liabilities ...................... Capital Paid In $ 40,000,000 Surplus .......... 2,795,833,673 Surplus as regards Policyholders.. Total Liabilities, Capital and Surplus ................. $ 5,706,874,963 1,619, 806,699 54,051,302 718,734,536 $ 8,099,467,500 $ 2,835,833,673 $ 10,935,301,173 M. Ross Fisher, Assistant Vice President, and Patricia A. Murrone, Assistant Secretary of the Hartford Accident and Indemnity Company, being duly sworn, each deposes and says that the foregoing is a true and correct statement of the said company's financial condition as of December 31, 2008. Subscribed and sworn to before me this 30th day of March, 2009. 7 , Nora M. Stranko Notary Public My Commission Expires March 31, 2013 M. Ross Fisher, Assistant Vice President k1L-<,C,0L A f L ? AI- Patricia A. Murrone, Assistant Secretary Form CS-19-37 HA&I Printed in U.S.A. OF TN pRn ARY 2009 MA Y 11 Aft 11: 18 390` ,?,t .t _ )yq,37