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HomeMy WebLinkAbout09-4808w, o q _ -/,f 08 Cct?j- - uZ- dcE ? P9q ?J?P s ?R a ;O~wE4 LTN OF COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT Harrisburg, PA April 1, 2009 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 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 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 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. Commissioner . STATE FARM FIRE AND CASUALTY COMPANY FINANCIAL STATEMENT - December 31, 2008 Assets Cash and Bank Deposits ....................................... $ 61,770,526 *Bonds ................................................................... 18,084,299,850 *Stocks ................................................................... 3,473,495,338 Short-Term Investments ......................................... 149,824,908 Liabilities Unearned Premiums .................................................... $ 6,376,794,584 Reserve for Claims and Claims Expense ................... 7,182,498,024 Provision for Reinsurance ........................................... 1,458,310 Reserve for Commissions, Taxes and Other Liabilities ......................................................... 4,070,405,193 Total .......................................................................... 17,631,156,110 Agents' Balances or Uncollected Premiums ......... 1,714,445,802 Accrued Interest, Dividends and Rents ................. 236,488,135 Net deferred tax asset .............................. 660,110,793 Other Admitted Assets ........................................... 1,435,367,735 Total Admitted Assets ...................................... $_25,815,803,088 Reserve for Investment Fluctuation ................................... 1,670,758,660 Capital Stock .................................. 10,000,000 Paid in Surplus ............................... 3,060,786,638 Unassigned Surplus ....................... 3,443,101,680 Surplus to Policyholders ........... Total Liabilities and Surplus ........ .................. $ 8,184,646,979 ................... $ 25,815,803,088 *Bonds are stated at amortized or investment value; Stocks at Association Market Values. Securities carried at $892,786,959 as of December 31, 2008 are deposited as required by law. I, Tamara Jacquot, 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, 2008, 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 23rd day of February, 2009. Assistant Secretary-- Treasurer "... Pire aM'' 2112/2009 3:42 PM ho . 6 Q. q POP Ct?-l FILED-OffiCE OF TM FRCTHONOTARY 2009 JUL 20 PM I2: 01 CUMBEi?,VAhd1UN1Y C& Vt o xa 8/FY