HomeMy WebLinkAbout01-2750 COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
vl.
Harrisburg, PA April 1~ 2001
Whereas, the OHIO FARMERS INSURANCE COMPANY, located at Westfield Center, OH,
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 Assombly of thc Commonwealth of
· Pennsylvania, entitled "An act relating to insurance; amending, revising and consolidating the Law &c.,"
approved the 174 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, M. Diane Koken~ Insurance Commissioner of the Commonwealth of Pennsylvania, do
hereby certify,/n accordance with Section l, of the Act of Assembly approved Sune 29, 1923 and known as act
No. 373 of the Laws of 1923, that the Ohio Farmers Insurance Company, of Wastfield Center, OH, 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.
Insurance Commissioner
Financial
Statement
Ohio Farmers Insurance Co.
December 31, 2000 Westfield Center, Ohio 44251-5001
(in thousands)
ASSETS
Cash $ 8,030
Bonds 307,361
Stocks, Unaffiliated 114, ~21
Stocks. Affiliated:
Wesffield Insurance Company 360,898
Wesffield National Insurance Company 96.276
Beacon Insurance Company of America 25, 796
American Select Insurance Company 31,686
Old Guard Insurance Company 31.728
Old Guard Fire Insurance Company 11,828
First Patriot Insurance Company 4,175
First Delaware Insurance Company 3.218
Non-Insurance Subsidiaries 24,540
Real Estate 55. 774
Agents' Balances and Uncollected Premiums, Net 89. 790
Interest and Dividends Accrued 3.643
Other Admitted and Intangible Assets 30,846
Total Admitted Assets $1.199,712
LIABILITIES
ReserveforUneamedPremiums $ 132,378
Reserve for Unpaid Losses and Loss Expenses 225,701
Reserve for Taxes and Other Liabilities 165,430
Total Liabilities 523,509
SURPLUS
Surplus 676,203
Total Surplus 676,203
Total Liabilities & Surplus $I, 199.712
State of Ohio
ss:
County of Medina
The undersigned, being duly sworn, says: That he is Senior Executive - Fidelity & Surety Operations of Ohio
Farmers Insurance Company, Westfield Center, Ohio; that said Company is a corporation duly organized,
existing and engaged in business as a Surety Company by virtue of the Laws of the State of Ohio and
authorized to do business in the State of ...P...e.n..n.§.~J.v..i}.n.i~l ..................................................... and has duly complied with all
the requirements of the laws of 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 approved July 1947, 6 U.S.C. sec. 6-13; and that to the best of his knowledge and belief the
above statement is a full, true, and correct statement of the financial condition of the said Company on the 31st
day of December, 2000.
Attest: .~
,fohn T. H. Batcl~l=ler~
Corporate Secretary & Counsel
Fidelity & Surety Operations
Sworn to before me this 14th day of February, A.D., 2001.
My Commission Does Not Expire ~ ~. o . -
Sec. 147.03 Ohio Revised Code
NOTARIAL Willi~' .....................
SEAL Attomey at Law
AFFIXED
BD 5402 F NotanJ Public - State of Ohio