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COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
CERTIFICATE OF AUTHORITY
Casualty Effective Date: April 1, 2013
UNITED STATES SURETY COMPANY
NAIC NO. 10656
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:
Fidelity and Surety 40 P.S. s 382(c)(1)
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
NGe D �'q HAND AND AFFIXED MY OFFICIAL SEAL, THE
yJ PP 5 DATE AND YEAR FIRST ABOVE WRITTEN.
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ALTNOFPEN�yy MICHAEL CONSEDINE
INSURANCE COMMISSIONER
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UNITED STATES SURETY COMPANY
STATUTORY STATEMENT OF ADMITTED ASSETS,
LIABILITIES, CAPITAL AND SURPLUS (1)
December 31, 2012
Admitted Assers Liabilities and Capital and Surplus
Investments_ Liabilities:
Fixed (`Maturities, at amortized cos, 41.143.244 Unpaid loss and loss adjustment expense
1,436,1 4 Accrued expenses 4
Cash and short term investments 837..084 Total cash and Invested assets: 1,269 894
42,579,398 Taxes, licenses, and fees 65 243
Federal taxes 103 047
Unearned premiums 9.650.244
Advance premium
1.190
Ceded reinsurance balance payable 861
Securities collateral and funds held 2,068,241
Total habitities 17,995,804
Accrued interest income 470,390 Capital and Surplus:
Premium receivable 2,257,608 Capital Stock 2.tOG,000
Reinsurance recoverable on paid losses (121,845)
Net deferred tax asset Additional paid -in and contributed capital 22,900.117
Electronic data processing equipment and software 1,212,399 Unassigned surplus 5,766,225
10,670
State income tax receivable 6,682
Receivables from parent, subsidiaries and affiliates 346,845
4,182,749
28.766 347
Totai admitted assets 46,762,146 Totai liabilitr'es and capital and surplus c
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(1) - In accordance with the statutory financial statements as fled on March 1, 2013.
I, Peter W. Carman, Chief Financial Officer of United Stales Surety Company, hereby certify that to the best of my knowlecge and belief, the foregoing is a full and true
Statutory Statement o Admitted Assets Liabilities and Capital and Surplus of the Company as of Decembe 31 2012, prepared in conformity with accounting practices
prescribed or permitted by the Maryland Insurance Administration. The foregoing statement should rot be taken as a complete statement of financial condition of the
Company. Such a statement is available upon written request at the Company's home office located at 20 West Aylesbury Road, Timonium, Maryland 21093.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Corporation a; Timonium Maryland
Peter W. Carman
Chief Financial Officer