HomeMy WebLinkAbout14-2407 Financial � - �i
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Statement
Ohio Farmers Insurance Co.
December 31, 2013 Westfield Center, Ohio 44251 -5001
OHIO FARMERS INSURANCE COMPANY
BALANCESHEET
December 31, 2013
(in thousands)
C)
Cash, cash equivalents, and short term investments 26,554 C '
Bonds 394,893W �1:„�
Stocks 1,700,931 Z -0 ter
Real estate 60,018 - )r- N C
Agents' balances and uncollected premiums, net 115,452 r .. --14�
Other admitted assets 106,729 "C� `v C:) ;
C CZ) C
C N
Total admitted assets
Reserve for unearned premiums 152,355
Reserve for unpaid losses and loss expenses 283,634
Reserve for taxes and other liabilities 159,898
Total liabilities 595,887
Capital stock 0
Surplus 1,808,690 ?cL
Total surplus 1,808,690
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Total liabilities and surplus 22 40� ; 3� 36gLQ8
State of Ohio 1' �
ss:
County of Medina
The undersigned, being duly sworn, says: That he is National Surety Leader - Surety Operations of Ohio
Farmers Insurance Company, Westfield Center, Ohio; that said Company is a corporation duly organized,
existing and engaged in business as a Surety Company by virtue of the Laws of the State of Ohio and
authorized to do business in the State of ... Pennsylvania .... ............................... and has duly
complied with all the requirements of the laws of said State applicable to said Company and is duly
qualified to act as Surety under such laws; that said Company has also complied with and is duly qualified
to act as Surety under the Act of Congress approved July 1947, 6 U.S.C. sec. 6 -13; and that to the best of
his knowledge and belief the above statement is a full, true, and correct statement of the financial condition
of the said Company on the 31 st day of December, 2013.
Attest:
.. ) �4 � ..........................
Frank A. Carrino Dennis P. Baus TEj�p
Group Legal Leader, Secretary National S 5Lw re Leader
Sur icy., isas_'t
Sworn to before me this 12"' day of February A.D. 2014. CSC .........
. . .
My Commission Does Not Expire Willia
Sec. 147.03 Ohio Revised Code Attorn.' — " - r
NOTARIAL Notary Public - State of Ohio
SEAL
AFFIXED BD5402 F °F
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COMMONWEALTH OF PENNSYLVANIA
a�
E, IrkofP N� INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2014
Whereas, the OHIO FARMERS INSURANCE COMPANY, located at Westfield Center, OH,
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 I.aw &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 1, of the Act of Assembly approved June 29, 1923
and known as act No. 373 of the Laws of 1923, that the Ohio Farmers Insurance Company, of Westfield
Center, OH, 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.
In Witness Whereof, I have hereunto set my hand and
affixed my official seal, the day and year first above written.
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Insurance Commissioner