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HomeMy WebLinkAbout13-4313 4 S- �q, 3 --0 N GE p p COMMONWEALTH OF PENNSYLVANIA LTM°FO INSURANCE DEPARTMENT Harrisburg, PA April 1, 2013 Whereas, the TRAVELERS CASUALTY AND SURETY COMPANY, located at HARTFORD, CT, has filed in this Department a certified copy of its charter and a detailed statement of its Assets and 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 day of May, 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, Insurance Commissioner of the Commonwealth of Pennsylvania, do hereby certify, in accordance vit'1 Section 1, of the Act of Assembly approved June 29, 1923 and known as act No. 373 of the Laws of 1923, that. the TRAVELERS CASUALTY AND SURETY COMPANY, of HARTFORD, CT, is duly authorized to become and be accepted as sole surety on all bonds, undertakings and obligations required or permitted by law or the ordinances, rules or regulations of any municipality, board, body, organization, or public officer. :x rn .T Ex r N c�C -n r� C CD In Witness Whereof, I have hereunto set mT *d and ° r affixed my official seal, the day and year first Aver- writtteln. Insurance Commissioner O k,# - 7c,&L0y 9S 0?9 Ell? s J CO MMONWEALTH t} F•PI;N1�8�ZYAtVIA INSURANCE DEPARTiYIENT "RTIFICATE OF fr tr- Casualty " H ORITY - TRAVELERS i� 2,13 C Effe�ye mate: rii - ASU�I;� AND STY C Ap (7�i4�p� (TIM)- . NAIC NO. � HAS. COAIIPLIED 19038 PENNSYLVANIA RE L A TING REQUMEMEid'I'S OF 'IM LAWS OF THE EATING . ADMISS EN IN SAID C OMMOiVWEALTfi FOR TI3E pP PERU IS NSA FNG I}�TSURt NC BiISXNESS IN FEi SYLYAi�IIA AMD ONW T MM UR T OF HERE BYAUT$ORIZED To TRANSACT I ABOVE N E OF BUSMESS OF: A 11+iFIl caMPA?VY Accident and Flealth 40 P.S. : s 382 (c)(2) Baiter Auto Liability= 40 P.S. s 382(c)(I 1) aad Machinery 40 P.S. s 382 c ( )f1) Bu rglary and T heft 4o P.S. s 382 Credit 40 P.S. s 382(e){7) 3 92 ( c )(6) Elevatar 40P.S. s 382 Fidelityand Snrery Off t'_S, s 382 c )(1) ( I Glass 40P.S. s 3 82(a)(3) 'Wand Marine and P h y s i c ()( hysiea[ Damage Off P.S. s 382(b)(2) Livestock. 40P.S, s382(c)(i0 ). Mine and Machinery 40 P.S. s 382(c)(12) Ocean Marine 40 P.S. s 3 82(b)(3) Other.Liahility 40 P.S. s 382(c)(4). Property a Personal Prop, Floater 40 P.S. s 382 a 13 nd Alliectlat� �sQ P.S, s 382 ()f ) . (b)(1') Watcs I3umagc 40 F.S. s 382 c %rkcrs Compensation 40 P.S. s 382(,)(14) ()(8) FOR.TI� y�,R EIdDINfs I�Cg 31, 2t}I4, IN ACCORD ' WITH T1� LAWS C?F SAID COIvIi�1014, IN C p ANCE WITH ITS EWSYLVA� 1- CHARTIIt A�� 0NW ID ThF CONFORMITY' IN u'TTNESS WHMREOF' 'HAVE MRE HAAiD U.'�T St 1 MX AND Z� DATE AM YE �IX� MY OFFICIAL SEAL, Tim FMST ABOVE WRITTEN. 3 . F ' 4 1?t1 aF 4EN� MICHAEL CONSEDINE .INSURANCE COMMISSIOWR TRAVELERS CASUALTY AND SURETYCOMPANY HARTFORD, CONNECTICUT 06183 FINANCIAL STATEMENTAS OF DECEMBER 31 2012 CAPITAL STOCK 3 25,000,000 ASSETS CASH AND INVESTED CASH BONDS LIABILITIES &SUR STOCKS :F 197,367.645 PLUS UNEARNED 3'182.3 PREMIUMS OTHER INVESTED ASSETS 8 2f5 LOSSES _ PREMIUM BALANCES 00,220 REINSURANCE PAYABLE ON PAID LOSSES & LOSS ADJ. EXPENSES NETDEFERRED TAXASSET 1,770• INVESTMENT INCOMEpUEgNDgCCRUED 818,971'882 LOSSADJUSTMENTEXpENSES 908,557 1.254,948,795 6,094,710,385 , SUBSIDIARIES AND AFFILIATES 107,157,536 COMMISSIONS 2 64,935,547 RECEIVABLES FROM PARENT, TAXES, LICENSES 7 . 3 24,821,482 UNDISTRIBUTED PAYMENTS OTHER EXPENSES 1 15,852,498 EgUITIESAND DEPOSITS IN POOLS 8, ASSOCIATIONS 78,022,858 CEDED REINSURANCE 9,408,088 REINSURANCE RECOVERABLE 31,379,911 AMOUNTS RANCE NET PREMIUMS PAYABLE 1 13.709,204 FUNDS HEL CE REC VERABL 22,874,153 AMOUN S WITHHELD IRETAINED BY COMPANY FOR OTHERS 71.712,147 AMOUNTS RECENABLE UNDER HIGH DEDUCTIBLE POLICIES 27 '574.490 F AND FOREIGN INCOME TAXES 3 7.045,792 3,161,024 REMITTANCES AND ITEMS NOT ALLOCATED SECURITIES LENDING REINVESTED PAYABLE FOR SECURITIES 3!,740.401 STATE SURCHARGES RE IN V sTE0 COLLATERAL ASSETS 13.128.278 PAYABLE FOR SECURITIES LENDING (1,239,153) GUARANTY FUNDS RECEIVABLE OR ON DEPOSIT 95 POLICYHOLDER DIVIDENDS 8,872,605 OTHER ASSETS 9,8t4,805 RET ROACTIVEREINSU 95 ,985,179 828,525 OTHER ACCRUED RANCE RESERVE CEDED 1 3 82.768 EXPENSES AND LIABILITIES ( TOTAL LIgBILITIES 1 28D 728 CAPITAL STOCK PAID IN SURPLUS OTHER SURPLUS 3 26,000,000 TOTAL SURPLUS TO POLICYHOLDERS 2.178,824,583 TOTAL ASSETS 2 9--� 44 8__,___92, - 4 9 S 15,137 f 17 645 S 5.14 34 = TOTAL LIABILITIES-&SURPLUS 1513"! 5 STATE OF CONNECTICUT COUNTY OF HARTFORD SS, CITYOF HARTFORD MICHAEL J. DOODY, BEING DULY SWORN, SAYS THAT HE IS SECOND VICE PRESIDENT, OF TRAVELERS CASUALTYA ND SURETY COMPgNy AND THATTO THE BEST OF HIS KNOWLEDGE AND BELIEF, THE FOREGOING ISA TRUE AND CORRECT STATEMENT OF THE FINANCIAL CONDITION OF SAID COMPANY AS OF THE 31ST DAY OF DECEMBER, 2012, SECOND VIC PRESI SUBSCRIBED AND SWORN TO BEFORE ME THIS 20TH DAY OF MARCH, 2013 NOTARYPUBLIC SUSAN M. WEISSL)rDER Notary Public *CoimnissionEz `. � ""'^ • -`�,�, , pares Nor'enrber 3Q 2017 OTAR I