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HomeMy WebLinkAbout13-2588 INSURANCE DEPART 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 April 24 2013, of Liberty Mutual Insurance Company, as the same appears of record and remains on file with this Department. CI7 .z. "T1 sp' �r S O G C:) -� 7-' O CZ) � N D In Witness Whereof, I have hereunto set my hand and caused my official seal to be affixed this 24th day of April, 2013. Michael Consedine Insurance Commissioner a AC CO P44 �st�ay v COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT CERTIFICATE OF AUTHORITY Casualty Effective Date: April 1, 2013 LIBERTY MUTUAL INSURANCE COMPANY NAIC NO. 23043 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) Auto Liability 40 P.S. s 382(c)(1.1) 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 3182(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, 2014, IN ACCORDANCE WITH ITS CHARTER AND IN CONFORMITY WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA. IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY J�PN�� °fiP 9,q HAND AND AFFIXED MY OFFICIAL SEAL, THE 2co 3 2 DATE AND YEAR FIRST ABOVE WRITTEN. V � MICHAEL CONSEDINE INSURANCE COMMISSIONER Z.ib LIBERTY MUTUAL INSURANCE COMPANY ` .Dual . FINANCIAL STATEMENT — DECEMBER 31, 2012 SURETY Assets Liabilities Cash and Bank Deposits .......... ............................... $ 903,711,694 Unearned Premiums................. ............................... $4,205,141,671 *Bonds —U.S Government ...... ............................... 1,166,929,471 Reserve for Claims and Claims Expense................. 17,056,420,207 *Other Bonds ............................. ............................... 11,415,194,219 Funds Held Under Reinsurance Treaties ................. 1,315,062,091 Reserve for Dividends to Policyholders .................. 2,455,411 * Stocks ...................................... ............................... 8,104,853,899 Additional Statutory Reserve... ............................... 49,768,998 Real Estate ............................... ............................... 255,967,320 Reserve for Commissions, Taxes and Agents' Balances or Uncollected Premiums........... 3,482,069,753 Other Liabilities ................. ............................... 3.066.051,537 Accrued Interest and Rents ...... ............................... 144,016,763 Total .............. ............................... ................$25,694,899,915 Other Admitted Assets ............... ............................... 14.732.623.458 Special Surplus Funds ................. $604,621,497 Capital Stock ............................... 10,000,000 Paid in Surplus ............................ 7,899,471,886 Unassigned Surplus ..................... 5,996,373,279 Total Admitted Assets ...... ............................... Surplus to Policyholders .............. ................. Total Liabilities and Surplus ............... ................. ti ro fNSSU. Bonds are stated at amortized or investment value; Stocks at Association Market Values. 1912 ° The foregoing financial information is taken from Liberty Mutual Insurance Company's financial statement filed with the state of Massachusetts Department of Insurance. i 1, TIM MIKOLAJEWSKI, Assistant Secretary of Liberty Mutual 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, 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. Assistant Secretary S- 1262LMIC /a 4/12