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HomeMy WebLinkAbout11-3598 Liberty ,5Mutual. Assets *11,5S98 C(ViI AMERICAN STATES INSURANCE COMPANY FINANCIAL STATEMENT -DECEMBER 31, 2010 Cash and Bank Deposits ......................................... $ 95,576,031 *Bonds - U.S Government ..................................... 167,861,630 *Other Bonds ............................................................ 1,059,930,651 *Stocks ...................................................................... 599432,186 Real Estate .............................................................. 0 Agents' Balances or Uncollected Premiums........... 247,397,167 Accrued Interest and Rents ..................................... 12,304,131 Other Admitted Assets ............................................ 92.127.280 Total Admitted Assets Liabilities Unearned Premiums ................................................ $ 368,839,985 Reserve for Claims and Claims Expense ................. 830,202,910 Funds Held Under Reinsurance Treaties ................. 0 Reserve for Dividends to Policyholders .................. 71,239 Additional Statutory Reserve .................................. 0 Reserve for Commissions, Taxes and Other Liabilities ................................................ 205.490.823 Total .............................................................. $1,404,604,957 Special Surplus Funds ................. $ 1,643,803 Capital Stock ............................... 5,000,000 Paid in Surplus ............................ 303,892,772 Unassigned Surplus ..................... 19,487,544 Surplus to Policyholders ............................... 330.024.119 Total Liabilities and Surplus ................................ 5t _73 * Bonds are stated at amortized or investment value; Stocks at Association Market Values. The foregoing financial information is taken from American States Insurance Company's financial statement filed with the state of Indiana Department of Insurance. 1, TIM MIKOLAJEWSKI, Vice-President of American States Insurance Company, 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 S-1262ASI/a 2/11 ? .'?7 ?J ?J rYR to ? -- ?-" ?-wa ? 3y w c? ' >? xo mac'? CO 7:7 ?sju.l6 F' Ct,l -1 0y ,0V 77 P a5785i 1 10 $ Of INSURANCE DEPARTMENT 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 AMERICAN STATES INSURANCE COMPANY, 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 . 'y c 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. MICHAEL CONSEDINE ACTING INSURANCE COMISSIONER Casualty Effective Date: April 1, 2011 AMERICAN STATES INSURANCE COMPANY NAIC NO. 19704 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: Accident and Health 40 P.S. s 382(c)(2) Boiler and Machinery 40 P.S. s 382(c)(5) 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) Personal Property Floater 40 P.S. s 382(c)(13) Water Damage 40 P.S. s 382(c)(8) Auto Liability 40 P.S. s 382(c)(11) Burglary and Theft 40 P.S. s 382(c)(6) 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) 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.