HomeMy WebLinkAbout11-3597W-1. 3511 Ni Liberty SAFECO INSURANCE COMPANY OF AMERCIA
Mutual.. FINANCIAL STATEMENT -DECEMBER 31, 2010
Assets Liabilities
Cash and Bank Deposits ..................................... $ 163,744,280 Unearned Premiums.............................................. $ 737,679,970
*Bonds - U.S Government ................................. 228,018,693 Reserve for Claims and Claims Expense............... 1,660,405,822
Funds Held Under Reinsurance Treaties ............... 0
*Other Bonds ........................................................ 29089,990,931
Reserve for Dividends to Policyholders ................ 142,479
*Stocks .................................................................. 484,312,099 Additional Statutory Reserve ................................ 0
Real Estate .......................................................... 0 Reserve for Commissions, Taxes and
Agents' Balances or Uncollected Premiums....... 494,794,328 Other Liabilities .............................................. 594.850.030
Accrued Interest and Rents ................................. 28,237,369 Total............................................................ 2,993,078,301
Special Surplus Funds ............ $ 24,3149698
Other Admitted Assets ........................................ 348.886.430
Capital Stock ............................... 5,000,000
Paid in Surplus ............................ 580,930,179
Unassigned Surplus ..................... 234,660,952
Total Admitted Assets ................................. ?i_R37.9Rd_1 i(1 Surplus to Policyholders ............................. 844.905.829
Total Liabilities and Surplus .............................. t><_si37.9ttd_t3a
* Bonds are stated at amortized or investment value; Stocks at Association Market Values.
The foregoing financial information is taken from Safeco Insurance Company's financial statement filed
with the state of Washington Department of Insurance.
I, TIM MIKOLAJEWSKI, Vice-President of Safeco Insurance Company of America, do hereby certify that the foregoing is a true, and
correct statement of the Assets and Liabilities of said Corporation, as of December 31, 2010, to the best of my knowledge and belief.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Corporation at Seattle, Washington, this 30th day of
March, 2011.
Vice-President
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INSURANCE DEPARTM
I, Michael Consedine, Acting Insurance Commissioner of the Commonwealth of Pennsylvania,
do hereby certify that the attached is a full, true and correct copy of the
Certificate of Authority, as of April 1, 2011, of SAFECO INSURANCE COMPANY OF
AMERICA, as the same appears of record and remains on file with this Department.
In Witness Whereof, I have hereunto set my
hand and caused my official seal to be affixed
this 4th day of April, 2011.
Michael Consedine
Acting Insurance Commissioner
ENT
COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
CERTIFICATE OF AUTHORITY
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY
HAND AND AFFIXED MY OFFICIAL SEAL, THE
DATE AND YEAR FIRST ABOVE WRITTEN.
1141??1?404eo??
MICHAEL CONSEDINE
ACTING INSURANCE COMISSIONER
Casualty Effective Date: April 1, 2011
SAFECO INSURANCE COMPANY OF AMERICA
NAIC NO. 24740
HAS COMPLIED WITH THE REQUIREMENTS OF THE LAWS OF THE COMMONWEALTH OF
PENNSYLVANIA RELATING TO ADMISSION IN SAID COMMONWEALTH FOR THE PURPOSE OF
TRANSACTING INSURANCE BUSINESS IN PENNSYLVANIA AND THAT THE ABOVE NAMED COMPANY
IS HEREBY AUTHORIZED TO TRANSACT THE BUSINESS OF:
Auto Liability 40 P.S. s 382(c)(11)
Burglary and Theft 40 P.S. s 382(c)(6)
Elevator 40 P.S. s 382(c)(9)
Glass 40 P.S. s 382(c)(3)
Livestock 40 P.S. s 382(c)(10)
Ocean Marine 40 P.S. s 382(b)(3)
Boiler and Machinery 40 P.S. s 382(c)(5)
Credit 40 P.S. s 382(c)(7)
Fidelity and Surety 40 P.S. s 382(c)(1)
Inland Marine and Physical Damage 40 P.S. s 382(b)(2)
Mine and Machinery 40 P.S. s 382(c)(12)
Other Liability 40 P.S. s 382(c)(4)
Personal Property Floater 40 P.S. s 382(c)(13)
Water Damage 40 P.S. s 382(c)(8)
Property and Allied Lines 40 P.S. s 382(b)(1)
Workers Compensation 40 P.S. s 382(c)(14)
FOR THE YEAR ENDING MARCH 31, 2012, IN ACCORDANCE WITH ITS CHARTER AND IN CONFORMITY
WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA.