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HomeMy WebLinkAbout12-4190 ? qA ?J ? e f O ? ??tn?osr? /aZ - ?I40 l.?i?vi t -Tern, COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT Harrisburg, PA Whereas, the FARMINGTON CASUALTY COMPANY, located at Hartford, CT, has filed in Department a certified copy of its charter and a detailed statement of its Assets and Liabilities, and complied with the requirements of Section 661 of the Act of Assembly of the Commonwealth of entitled "An act relating to insurance; amending, revising and consolidating the Law &c.," approved day of May, A.D. 1921, as well as with the requirements of the laws of this Commonwealth company in doing business herein. Now Therefore, I, Michael Consedine, Insurance Commissioner of the Commonwealth of a, 17th to such Pennsylvania, do hereby certify, in accordance with Section 1, of the Act of Assembly approved June 19, 1923 and known as act No. 373 of the Laws of 1923, that the Farmington Casualty Company, of duly authorized to become and be accepted as sole surety on all bonds, undertakings and obligations permitted by law or the ordinances, rules or regulations of any municipality, board, body, public officer. W C- F -yC cn r tb its m c) N In Witness Whereof, I have hereunto set my hand z affixed my official seal, the day and year first above c? Insurance Commissioner CT, is juired or 61r 1 -n °c D, ate, ?18.m a PLFF, C? ?3 Sy7 ??a 8 j FARMINGTON CASUALTY COMPANY CASH AND INVESTED CASH BONDS STOCKS OTHER INVESTED ASSETS SECURITIES LENDING REINVESTED COLLATERAL ASSETS INVESTMENT INCOME DUE AND ACCRUED PREMIUM BALANCES REINSURANCE RECOVERABLE CURRENT FEDERAL AND FOREIGN INCOME TAX RECOVERABLE NET DEFERRED TAXASSET RECEIVABLES FROM PARENT, SUBSIDIARIES AND AFFILIATES EQUITIES AND DEPOSITS IN POOLS & ASSOCIATIONS STATE SURCHARGES RECEIVABLE AMOUNTS RECEIVABLE UNDER HIGH DEDUCTIBLE POLICIES OTHER ASSETS TOTAL ASSETS HARTFORD. CONNECTICUT 06183 FINANCIAL STATEMENT AS OF DECEMBER 31, 2011 CAPITAL STOCK $ 8,000,000 9,625,161 UNEARNED PREMIUMS $ 128 168 105 812,046,925 LOSSES , , 440 434 845 2,898,238 REINSURANCE PAYABLE ON PAID LOSSES & LOSS ADJ. EXPENSES , , 17 238 053 20,687,287 LOSS ADJUSTMENT EXPENSES , , 98 833 309 1,800,083 COMMISSIONS , , 8,020 165 11,616,811 TAXES, LICENSES AND FEES , 5 379 749 73,114,218 OTHER EXPENSES , , 7 045 630 15,770,815 CEDED REWSURANCE NET PREMIUMS PAYABLE , , 6 408 794 2,622,034 AMOUNTS WITHHELD i RETAINED BY COMPANY FOR OTHERS , , 2 152 766 20,280,078 POLICYHOLDER DIVIDENDS , , 684 317 1,040,651 PAYABLE FOR SECURITIES , 1 088 790 1,840,839 PAYABLE FOR SECURITIES LENDING , , 1 600 083 709,498 RETROACTIVE REINSURANCE RESERVE CEDED , , (1,631 138) 726,272 3 OTHER ACCRUED EXPENSES AND LIABILITIES , (234.04 8 44,330 TOTAL LIABILITIES 713198 810 CAPITAL STOCK S 8,000,000 PAID IN SURPLUS 126,174 589 OTHER SURPLUS , 1 028 820 TOTAL SURPLUS TO POLICYHOLDERS S Ri I MA Intl _$ 874.400.820 ' TOTAL LIABILITIES & SURPLUS STATE OF CONNECTICUT ) COUNTY OF HARTFORD ) SS. CITY OF HARTFORD MICHAEL J. DOODY, BEING DULYSWORN, SAYS THAT HE IS SECOND VICE PRESIDENT, OF FARMINGTON CASUALTY COMPANY, AND THAT TO THE BEST OF HIS KNOWLEDGE AND BELIEF, THE FOREGOING IS A TRUE AND CORRECT STATEMENT OF THE FINANCIAL CONDITION OF SAID COMPANY AS OF THE 31ST DAY OF DECEMBER, 2011. SUBSCRIBED AND SWORN TO BEFORE ME THIS 13TH DAY OF APRIL, 2012 d: SUSAN M. %VEISSLEDF,R Nololy Public ko, Cononlssion Expires Nrnrmber 30,1012