HomeMy WebLinkAbout11-4189j 1- g19I Cat Vil
c? pPNC s D P?9 ?F
COMMONWEALTH OF PENNSYLVANIA
"wEn?rHOC•/+a INSURAI' CE DEPARTMENT
c:: r?
Ilarrishurg, PA A-Ai'?Bijrn
y
q a+^' t ..? ?1
Whereas, the FIDELITY AN 1; D' P,')SI"i' COI?'':!'AN O I?YI..?.ND, loc itc,1 a± ( Y?L?.ll ?'rv?
Maryland, has filed in this Department a certified copy of its charter and a detailed statement of lio! ;Asvts d
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 17°i day of Nfay, 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, Michael Consedine, Acting 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 Fidelity and Deposit Company of Maryland, of
Owings Mill, Maryland, is duty authorized to become and be accepted as sole surety on all bonds,
undertakings and obligations required or permitted by law- or the orditzances, rules or regulations of any
municipality, board, body, organisation, or public officer.
In Witness «'hereof, I have hereunto set my hand and
affixed my official seal, the day and year first above written.
G
Actinu Insurance Commissioner
CIG ' 3L1G16U35fS-
FIDELITY AND DEPOSIT COMPANY
OF MARYLAND
600 Red Brook Blvd., Suite 600, Owings Mills, MD 21117
Statement of Financial Condition
As Of December 31, 2010
ASSETS
Bonds ............................................................................................................................................... $ 167,717,443
Stocks ............................................................................................................................................... 23,571,636
Cash and Short Term Investments ................................................................................................... 250,663
Reinsurance Recoverable ................................................................................................................. 478,827
Other Accounts Receivable .............................................................................................................. 44,516,527
TOTAL ADMITTED ASSETS ........................................................................................................ $ 236,535,096
LIABILITIES, SURPLUS AND OTHER FUNDS
Reserve for Taxes and Expenses ...................................................................................................... $ 225,295
Ceded Reinsurance Premiums Payable 39,963,782
Securities Lending Collateral Liability ............................................................................................ 3,077,700
TOTAL LIABILITIES .................................................................................................................... $ 43,266,777
Capital Stock Paid U $ 5,000,000
Surplus 188,268,319
........................................................................................................
..................................................
Surplus as regards Policyholders ................ ........... 193,268,319
TOTAL $ 236,535,096
Securities carried at $45,648,865 in the above statement are deposited as required by law.
Securities carried on the basis prescribed by the National Association of Insurance Commissioners. On the basis of
December 31, 2010 market quotations for all bonds and stocks owned, the Company's total admitted assets would be
$245,239,534 and surplus as regards policyholders $201,972,757.
I, DENNIS F. KERRIGAN, Corporate Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, do hereby
certify that the foregoing statement is a correct exhibitthe assets and liabilities of the said Company on the 31st
day of December, 2010. ? ? \l
Secretary
State of Illinois
City of Schaumburg SS:
Subscribed and sworn to, before me, a Notary Public of the State of Illinois, in the City of Schaumburg, this 31st day of March, 2011.
l
Notary Public
OFFICIAL SEAL
OARRYL JOINER
Notary Public - State of Illinois
My Commission Expires May 3. 2014