HomeMy WebLinkAbout09-3618
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INSURANCE
Of I
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DEPARTMENT
7
I, Joel Ario, Insurance Commissioner of the Commonwealth of Pennsylvania, do hereby certify
that the attached is a full, true and correct copy of the Annual Statement for the year ending
March 31, 2010, of SAFECO INSURANCE COMPANY OF AMERICA 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
2nd day of April, 2009.
V40194 o%;4-;
Joel Ario
Insurance Commissioner
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SAFECO INSURANCE COMPANY OF AMERICA
FINANCIAL STATBMENT -DEC]DM R 31, 2W
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Aueta Llsiiildea
Cash and Banc Deposits
S 267,363,750
Unearned Premiums .............................................. S 666,660,983
Reserve for Claims and Claims Expense ...................1,577,767,462
Funds Held Under Reinsurance Treaties ............... 430979
Reserve for Dividends to Policyholders ......................... 2,164,985
Additional Statutory Reserve ................................ _
Reserve for Commissions, Taxes and
Other liabilities .............................................. 933383360
*Bonds - U.S Government .............................................13.359,352
*Other Bonds ........................................................... 2,353,906,395
*Stoelcs .................................................................... 281,831,749
Real Estate ..................................................................... 0
Agents' Balances or Uncollected Premiums ................. 537,216,809
Accrued Interest and Rents .................................... 34,037,369
Other Admitted Assets ........................................... 444317.784
Total Ainitted Assets
Total. --•----•----•----•----•----•---- S3?1Z8,W,771
Special Smpius funds...... S 3,399,995
Capital Stock. ............................... 51000,000
Paid in Surplus ............................. ...346,118,108
Unassigned Surplus ................... 413307334
S=phs to Palk7ba iers.----•-----•----
Total LiaMMies read Saa?ios.-•----•----.----
* Bonds are stated at amortized or imrostmeni value; Stocks at Association Markat Velucs.
Securities carried at $113,984,922 are deposited as required by law.
I, TIM MIKOLAJEWSKI, Vice-President of SAFECO Insurance Company of America, do hereby eee* that the foregoing is a true, and
correct statement of the Assets and liabilities of amid Corporation, as of December 31, 2008, to the best of my knowledge and belief.
IN VMNESS WEMMOF, I have hereunto set my hand and affixed the seat of said Corporation at Seattle, Washington, this lot dry of
March, 2009.
EAn"L,?-,L
Vice-pmBident
8.1262a 3109
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COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
CERTIFICATE OF AUTHORITY
Casualty
Effective Date: April 01, 2009
SAFECO INSURANCE COMPANY OF AMERICA
NAIC NO.24740
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 THE ABOVE NAMED
COMPANY IS HEREBY AUTHORIZED TO TRANSACT THE BUSINESS OF:
Auto Liability 40 P.S. s 382(c)(11)
Burglary and Theft 40 P.S. s 382(c)(6)
Elevator 40 P.S. s 382(c)(9)
Glass 40 P.S. s 382(c)(3)
Livestock 40 P.S. s 382(c)(10)
Ocean Marine 40 P.S. s 382(b)(3)
Personal Property Floater 40 P.S. s 382(c)(13)
Water Damage 40 P.S. s 382(c)(8)
Boiler and Machinery 40 P. S. s 382(c)(5)
Credit 40 P.S. s 382(c)(7)
Fidelity and Surety 40 P.S. s 382(c)(1)
Inland Marine and Physical Damage 40 P.S. s 382(b)(2)
Mine and Machinery 40 P. S. s 382(c)(12)
Other Liability 40 P.S. s 382(c)(4)
Property and Allied Lines 40 P.S. s 382(b)(1)
Workers Compensation 40 P.S. s 382(c)(14)
FOR THE YEAR ENDING MARCH 31, 2010, 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
WRITTEN.
JOEL ARIO
INSURANCE COMMISSIONER
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