HomeMy WebLinkAbout13-4314 COMMONWEALTH OF PENNSYLVANIA
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Harrisburg, PA April 1, 2013
Whereas, the FARMINGTON CASUALTY 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 with Section , of the Act of Assembly approved June 29, 1923
and known as act No. 373 of the Laws of 1923, that the FARMINGTON CASUALTY 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. �.•� `;
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In Witness Whereof, I have hereunto set my D& arm
affixed my official seal, the day and year firstpjE�e
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Insurance Commissioner
c
IAL
CONI IONWEALTH OF) ENNSYLVANIA
INSURANCE DEPARTMENT
CERT IFIC OF AUTHORITY
Casualty Effed iue Date. Aprll 1, 2013
FAR N GTON CASUALTY COMPANY
NAIL NO. 41483
HAS COMPLIED WITH THE REQUIR Ei NTS OF THE LAWS OF THE COMMONWF.:ALTH OF
PENNSYLVANIA RELATING TO ADMISSION IN SAID COMMONWEALTH FOR TIDE PURPOSE OF
TRANSACTING INSURANCE BUSINESS IN PENINSYLVANIA AND THAT THE ABOVE NAWD COMPANY
IS HEREBY AUTHOR= TO TRANSACT THE BUSMFSS OF:
Accident and I cft 40 P.S. s 382(c)(2) Auto.Dability "40 P.S. s 382(c)(11)
Bailer and Maclaninery 40 P.S. s 382(c)(S) Burg ]my and Theft '40 F.S. s 382(c)(6)
Credit 40 PS, s 382(cx7) $lcwtor 40 P.S. s 382(c)(9)
Fiderby and Surety 40 P.S. s 3V(c)(1) Class 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 ivlachinery 40 P.S. s 382(c)(12) Ocean.>vlarine 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 Atlied Lines 40 P.S. s 382(b)(1) Water Damage 40 P.S. s 382(c)(8)
Workers Compensation 40 P.S. s 382(e)(14)
FOR THE YEAR ENDING MAIRCH.31,, 2U14, IN ACCORDANCE WITH ITS CHARTER AND III coxFORmTTY
WITH THE LAWS OF SAID CON&ICNWEEAT TH OF PENNSYLVANIA.
IN WITLESS WHEREOF, I HAVE JAM UNTO SET MY
HAND AND APMED MY OFFICIAL SEAL THE
DATE AND YEARFIRSTABOVE srRTITEN-
a FAtrH of p���' MICHAEL CONSEDINE
INSURANCE COMMISSIONER
FARMINGTON CASUALTY COMPANY
HARTFORD, CONNECTICUT 06183
FINANCIAL STATEMENTAS OF DECEMBER 31, 2042
CAPITAL STOCK $ 6,OD0,000
ASSETS LIABILITIES & SURPLUS
CASH AND INVESTED CASH $ 5,195,035 UNEARNED PREMIUMS $ 128,730,092
BONDS 832,432,932 LOSSES 443,033,957
STOCKS 2,705,866 REINSURANCE PAYABLE ON PAID LOSSES & LOSS ADJ. EXPENSES 19,002,571
OTHER INVESTED ASSETS 18,863,824 LOSS ADJUSTMENT EXPENSES 96,310,597
SECURITIES LENDING REINVESTED COLLATERAL ASSETS 2,692,173 PAYABLE TO PARENT, SUBSIDIARIES AND AFFILIATES 16,486,809
INVESTMENT INCOME DUE AND ACCRUED 11,254,628 COMMISSIONS 8,408,960
PREMIUM BALANCES 77,172,692 TAXES, LICENSES AND FEES 5,045,237
REINSURANCE RECOVERABLE 30,347,782 OTHER EXPENSES 8,251,160
NET DEFERRED TAXASSET 18,889,691 CEDED REINSURANCE NET PREMIUMS PAYABLE 5,212,857
EQUITIES AND DEPOSITS IN POOLS & ASSOCIATIONS 1,198,953 AMOUNTS WITHHELD I RETAINED BY COMPANY FOR OTHERS 2,475,914
STATE SURCHARGES RECEIVABLE 698,915 POLICYHOLDER DIVIDENDS 769,015
AMOUNTS RECEIVABLE UNDER HIGH DEDUCTIBLE POLICIES 954,315 CURRENT FEDERAL AND FOREIGN INCOME TAXES 1,142,043
GUARANTY FUNDS RECEIVABLE OR ON DEPOSIT 678,985 PAYABLE FOR SECURITIES LENDING 2,692,173
OTHERASSETS (688) RETROACTIVE REINSURANCE RESERVE CEDED (1,717,010)
REMITTANCES AND ITEMS NOT ALLOCATED (2,133,240)
OTHER ACCRUED EXPENSES AND LIABILITIES 33,506
TOTAL LIABILITIES $ 733,742,651
CAPITAL STOCK $ 6,000,000
PAID IN SURPLUS 128,174,569
OTHER SURPLUS 137,088.063
TOTAL SURPLUS TO POLICYHOLDERS $ 269.242,652
TOTALASSETS — tj ,002,985,303 TOTAL LIABILITIES & SURPLUS S 1.002,985,303
STATE OF CONNECTICUT )
COUNTY OF HARTFORD ) SS.
CITY OF HARTFORD )
MICHAEL J. DOODY, BEING DULY SWORN, SAYS THAT HE 1S 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 31 ST DAY OF DECEMBER, 2012.
SECOND VICE PRESIDENT
SUBSCRIBED AND SWORN TO BEFORE ME THIS N TAR P tic
213TH DAY OF MARCH, 2013
SUSAN M. WEISSLEDER
Nokuy Public
I N j I , , My Cornmisslon Expfres November 30, 2017
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