HomeMy WebLinkAbout13-2587 � 4
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INSURANCE DEPARTMENT
I, Michael Consedine, 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 March 20 2013, of
Safeco Insurance Company of America,
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as the same appears of record and remains on file with this Department. = M :D* M f+
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In Witness Whereof, I have hereunto set my
hand and caused my official seal to be affixed
this 22 day of March, 2013.
Michael Consedine
Insurance Commissioner
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COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
CERTIFICATE OF AUTHORITY
Casualty Effective Date: April 1, 2012
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) Boiler and Machinery 40 P.S. s 382(c)(5)
Burglary and Theft 40 P.S. s 382(c)(6) Credit 40 P.S. s 382(c)(7)
Elevator 40 P.S. s 382(c)(9) Fidelity and Surety 40 P.S. s 382(c)(1)
Glass 40 P.S. s 382(c)(3) Inland Marine and Physical Damage 40 P.S. s 382(b)(2)
Livestock 40 P.S. s 382(c)(10) Mine and Machinery 40 P.S. s 382(c)(12)
Ocean Marine 40 P.S. s 382(b)(3) Other Liability 40 P.S. s 382(c)(4)
Personal Property Floater 40 P.S. s 382(c)(13) Property and Allied Lines 40 P.S. s 382(b)(1)
Water Damage 40 P.S. s 382(c)(8) Workers Compensation 40 P.S. s 382(c)(14)
FOR THE YEAR ENDING MARCH 31, 2013, IN ACCORDANCE WITH ITS CHARTER AND IN CONFORMITY
WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA.
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY
N cE o n HAND AND AFFIXED MY OFFICIAL SEAL, THE
J P P s 9 DATE AND YEAR FIRST ABOVE WRITTEN.
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� oyh rgcrH Of P�` MICHAEL CONSEDINE
INSURANCE COMISSIONER
Lib SAFECO INSURANCE COMPANY OF AMERICA
.� � � 1 � ` FINANCIAL STATEMENT —DECEMBER 31, 2012
SURETY
Assets Liabilities
Cash and Bank Deposits ...... ............................... $ 198,168,800 Unearned Premiums............... ............................... $ 797,279,595
*Bonds — U.S Government .. ............................... 104,235,277 Reserve for Claims and Claims Expense............... 1,651,252,347
*Other Bonds ......................... ............................... 2.312.341.202
Funds Held Under Reinsurance Treaties ............... 0
Reserve for Dividends to Policyholders ................ 213,435
* Stocks .................................. ............................... 539,582,191 Additional Statutory Reserve................................ 0
Real Estate ........................... ............................... 0 Reserve for Commissions, Taxes and
Agents' Balances or Uncollected Premiums....... 535,854,228 Other Liabilities ............... ............................... 636.01.0.904
Accrued Interest and Rents ............................ 26,269,660 Total ............................ ............................... 3,084,756,281
Other Admitted Assets ......... ............................... 3 Special Surplus Funds............ $ 2,667,182
Capital Stock ............................... 5,000,000
Paid in Surplus ............................ 580,930,179
Unassigned Surplus ..................... 356,452,835
Total Admitted Assets .. ............................... s4_n29_snk_477 Surplus to Policyholders ............................. 945,050.196
Total Liabilities and Surplus .............................. $4.029_R06.477
AGE C0
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Bonds are stated at amortized or investment value; Stocks at Association Market Values.
z y 1953 The foregoing financial information is taken from Safeco Insurance Company's financial statement filed
43 p1' with the state of New Hampshire Department of Insurance.
1, TIM MIKOLAIEWSKI, Assistant Secretary 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, 2012, 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 25th day of
March, 2013.
I D`F11lt�w
Assistant Secretary
S- 1262SA/a 4/12