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HomeMy WebLinkAbout10-3337,,, 2010 l~i~~ i $ Pik ~~ t8 PFD'" `~•``i °1;"-'~,~~~, vtv:., CERTIFIED COPY COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT Harrisburg, Pa., April 1, 2010 WHEREAS, THE OHIO CASUALTY INSURANCE COMPANY, located at Fairfield, Ohio has appointed the Insurance Commissioner of Pennsylvania as its Attorney in this Commonwealth, on whom process of law can be served, and filed in this Department as 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 in 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 Ohio Casualty Insurance Company of Fairfield, Ohio, 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, (SEAL) seal, the day and year first above written. (Signed) Joel Ario. Insurance Commissioner I, Undersigned, Lloyd E. Geary, Senior Vice President, of The Ohio Casualty Insurance Company, of Fairfield, Ohio, do hereby certify that the foregoing is taken and copied from one of the CERTIFICATES OF COMPLIANCE issued to the said The Ohio Casualty Insurance Company by the Insurance Department, Commonwealth of Pennsylvania, and that the same is a true and correct copy thereof. In Testimony whereof, I hereunto subscribe my name and affix the seal of said Company at Hamilton, Ohio this 19th day of April, 2010. ~~ L d .Geary, Senior ice President STATE OF OHIO ) BUTLER COUNTY) SS: On this 19th day of April, 2010, before me personally appeared Lloyd E. Geary, Senior Vice President of The Ohio Casualty Insurance Company, with whom I am personally acquainted, who being by me duly sworn, did depose and say that he resided in Butler County, Ohio; that he is one of the Senior Vice Presidents of The Ohio Casualty Insurance Company; and that he signed the above Certificate on the day and year first above written. ~i~~ ~ .~ ,~1. t Cheryl° .Gregory, ar}~Public My Commission Expires August 5, 2012. erc~ yb~ S Y8 sz~ -~ ~ ~3h j,, THE OHIO CASUALTY INSURANCE COMPANY FINANCIAL STATEMENT -DECEMBER 31, 2009 ASSETS 2009 $ 304,286,770.00 Cash 3,530,250,767.00 Bonds 366,895,568.00 Stocks Mortgage Loans on Real Estate 95,958,941.00 333.00 877 22 Real Estate (less encumbrances) , , 386.00 040 658 Premiums and Considerations , , 606.00 681 44 Investment Income Due and Accrued , , 483.00 200 14 Reinsurance Recoverable , , 240,012,277.00 Other Assets Total Assets $ 5,277,204,131.00 LIABILITIES Reserve for Outstanding Losses $ 2,497,852,401.00 938,631,360.00 Reserve for Unearned Premiums 193,680,470.00 Reserve for Taxes and Expenses 143.00 425 24 Ceded Reinsurance Premium Payable , , 286,443,071.00 Other Liabilities 3,941,032,445.00 Total Liabilities Capital Stock $ 4,500,000.00 Net Surplus 1,331,671,686.00 $ 1,336,171,686.00 Policyholders Surplus 204,131.00 277 $ 5 Total Liabilities, Capital Stock and Surplus , , State of Ohio ) County of Butler) SS.: Gary R. Gregg being duly sworn says: That he is President of The Ohio Casualty Insurance Company of Hamilton, Ohio; that said Company is a corporation duly organized, existing and engaged in business as a Surety by virtue of the laws of the State of Ohio and has duly complied with all the requirements of the laws of the said State applicable to said Company and is duly qualified to act as Surety under such laws; that said Company has also complied with and is duly qualified to act as Surety under the Act of Congress of July 30, 1947 (6 U.S.C. 6-13); that to the best of his knowledge and belief the above statement is a full, true and correct statement of the financial condition of said Company on the 31st day of December, 2009. Sworn to before me this 25th day of February, 2010. l ~ ~~t, ~~ Cheryl S. Gregory, Notary Public Gary R. Gregg, President My Commission Expires August 5, 2012.