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HomeMy WebLinkAbout10-2916ia- a9 i6 OAVilTern+ PPNC Pq9 4471-t of T Whereas, the FIDELITY COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT Harrisburg, PA ril 1, 110 E ?i AND DEPOSIT COMPANY OF MARYLAND, located at 4invs MFG, Maryland, 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 17`" 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 Fidelity and Deposit Company of Maryland, of Owings Mill, Maryland, 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. qA;**-7 Insurance Commissioner *11P. 00 P13 PL FP CO 3?Jp0833y (o ? 0a yl 433 I z FIDELITY AND DEPOSIT COMPANY OF MARYLAND 39 10 KESWICK ROAD, BALTIMORE, MD 21211-2226 Statement of Financial Condition As Of December 31, 2009 ASSETS Bonds ............................................................................................................................................... $ 156,584,995 Stocks ............................................................................................................................................... 22,537,672 Cash and Short Term Investments ................................................................................................... 9,719,598 Reinsurance Recoverable ................................................................................................................. 9,347,241 Other Accounts Receivable .............................................................................................................. 51,052,264 TOTAL ADMITTED ASSETS ........................................................................................................ $ 249,241,769 LIABILITIES, SURPLUS AND OTHER FUNDS Reserve for Taxes and Expenses ...................................................................................................... $ 76,835 Ceded Reinsurance Premiums Payable ............................................................................................ 58,237,612 Securities Lending Collateral Liability ............................................................................................ 5,511,875 TOTAL LIABILITIES .................................................................................................................... $ 63,826,322 Capital Stock, Paid Up ........................................................................................ $ 5,000,000 Surplus ................................................................................................................ 180,415,448 Surplus as regards Policyholders ...................................................................................................... 185,415,447 TOTAL ....................................................................................................................................... $ 249,241,769 Securities carried at $38,385,957 in the above statement are deposited as required by law. Securities carried on the basis prescribed by the National Association of Insurance Commissioners. On the basis of December 31, 2009 market quotations for all bonds and stocks owned, the Company's total admitted assets would be $247,657,513 and surplus as regards policyholders $186,999,703. I, DENNIS F. KERRIGAN, Corporate Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, do hereby certify that the foregoing statement is a correct exhibit of the assets and liabilities of the said Company on the 31 st day of December, 2009. k Secretary State of Illinios City of Schaumburg SS: Subscribed and swom to, before me, a Notary Public of the State of Illinois, in the City of Schaumburg, this 15th day of March, 2010. c I?L Notary Public =? trPUe? viARLGG.SARAStII '. oFR IAA fall COMMISSION EXPIRES?9r seAL;c iio'kiglBER 2ii, 2011 i