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HomeMy WebLinkAbout01-2793 Harrisburg, PA ~ Whereas, the PACIFIC INDEMNITY COMPANy, located at Milwaukee, Wiscons/n, has filed in th/s Department a certified copy of its charter and a detailed statement of/ts Assets and Liabilities, and otherw/se complied · . with the requirements of Section 661 of the Act of Assembly oftha Commonwealth of · Pennsylvania, entitled "An act relating to insurance, amending, rev/s/no and · . approved the 174 day of May, A D 1 n-,, o consohdat/ng the Law &c" · :,z~, as well as with the requirements of the laws o" .... ' applicable to such company ' ~w_ls Commonwealth in doing business here/n Now Therefore, 1, M. Diane Koken, Insurance Commissioner of the Commonwealth of Permsylvama, do hereby certify, in accordance w/th Section 1, oftbe Act of Assembly approved June 29, 1923 and known ~ No. 373 of the Laws of 1923, that the Paeifie Indemnity Company, of Mi/wauk~, Wiseons/a, is duly act author/zed to become and be accepted as sole surety on all bonds, · . . undenak/ngs and obhgat/ons required or permitted by law or the ord/nances, rules or regulations of any mun/cipality, board, body, organ/zation, or public officer. In Witness Whereof, I have hereunto set my hand and affixed my official seal, the day and year first above written, e o" i one .... PACIFIC INDEMNITY COMPANY STATEMENT OF ASSETS, LIABILITIES AND SURPLUs TO POLICYHOLDERB Btatuton/Basis DECEMBER 31, 2000 (in thousands of O~ollars) ASSE'T~ LIABILITIEs Cash AND ................................................... $ (4,864) SURPLUs TO POLICYHOLDERs Un/ted b"tetea GOVemmant, State and Municipal Bonds ..................... Ou~tanding Losses and Loss EXpenses Unearned Premiums ............................... ::::: $ 1,496,6~91 Other Bonds ......... · ......... 1,888,997 Proviafon for Reinsurance 8tacks. ' ................ 301,069 470,370 8ho~t Term lnvostmants 25,425 Other Llabii/tlas ......................... 13,396 Other Inveate~ Assets ............... 6,~6 ............................... TOTAL INVESTMENTS .......... ................. 2,289,106 TOTAL LIABILITIES ... ?vestments in Affiliates... Nat Premiurn~ aeceiveb a ~ ...................... 40,426 CapiteJ 8tec, k Other A~eta .... · .................... 155,065 Paid. In Surplus ........................... ........................................... ~ ................................... 5,535 Unassigned Funds " ' .......... 110,020 '" ' .......................... 415,93, Unrealize~ Al~orecla~on of Investments ....... SURPLUs TO POLICYHOLDERs ............ TOTAL ADMITTED ASSETS ...... -- .............. $ 2,574 786 TOTAL LIABILITIEs AND BURP ~ TO POLICYHOLDEr,.. LUS Inveatmant~lnLma Valu~ in aceomance w~th ---u~ .... ~-~ ~ atments Valued at $6 aaa ."_~'~ remen= or ~he Natfon .... ..... · ~-,.au ay law ' A CORRECT STATEMENT..