HomeMy WebLinkAbout01-2751 COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April Iv ~-001
Whereas, the NATIONAL SURETY CORPORATION, located at Chicago, IL, has filed in
this Deparlment 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 17m 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, !, M. Diane Koken: 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 National Surety Corporation, of Chicago, 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.
Insurance Commissioner
[;~emB51's NATIONAL SURETY CORPORATION
Fund SUMMARY FINANCIAL STATEMENT- DECEMBER 31, 2000
(As Flied with Insurance Dedartment of the State of California)
ASSETS:
*Government Bonds $ 21,529,050
*State and Municipal Bonds 60,149,151
*Miscellaneous Bonds 290,672,999
+Stocks 1,103,490
Cash In Bank and Company's Office 75,823
Accrued Interest 6,142,430
Premiums in Course of Collection and Other Assets 35,199,222
Total Assets $ 414,872,165
LIABILITIES. SURPLUS AND OTHER FUNDS:
Loss and Lose Expanse Reserve $ 241,669,834
Unearned Premium Reserve 63,403,074
All Other Claims, Demands and Reserves 22,355,385
Total Liabilities 327,428,293
Capital Paid-up 3,500,077
Net Surplus 83,943,795
Policyholders Surplus 87,443,872
Total Capital, Surplus and Reserves $ 414,872,165
*Bonds are stated at AmorBzed Cost
+Stocks are stated at Market Values
State of California
County of Matin $ se'
I, Donn R. Kolbeck, Vice President of NatJona; Surety Corporation, do hereby certify that the above
is a tree statement of the assets and liabll~se of said Corporation as of December 31,2000, taken fi'om
the books and records of said Coqx)mtion. .~' ~ET¥ ,-~ ,,
., ~;/..~po.~.....O~..
Attest:
Dorm R. Kolbeck. Vice President
% ........... ,,,,.
State of California }
County of Madn ss.
Subscribed and sworn before me, a Notary Public of the State of California, in the County of Matin,
this 23rd day of February, 2001.
NOT~¥ PUBUC-C~IF(~NL~ Public of Call
MARIN COUNTy