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HomeMy WebLinkAbout14-2805 INSURANCE DEPARTMENT 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 21 st, 2014, of Safeco Insurance Company of America, as the same appears of record and remains on file with this Department. M - - - `� n r CZ) _ _ �r C FS c { In Witness Whereof, I have hereunto set my �? hand and caused my official seal to be affixed this 21 st day of April, 2014. Michael Consedine Insurance Commissioner B�g o0 P� C\c U s 1 COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT CERTIFICATE OF AUTHORITY Casualty Effective Date: April 1, 2014 Safeco Insurance Company of America NAIC NO. 24740 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: Auto Liability 40 P.S.s 382(c)(11) 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(6)(2) Livestock 40 P.S.s 382(c)(10) Mine and Machinery 40 P.S.s 382(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, 2015,IN ACCORDANCE WITH ITS CHARTER AND IN CONFORMITY WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY AGE r'q9 HAND AND AFFIXED MY OFFICIAL SEAL. THE DATE AND YEAR FIRST ABOVE WRITTEN. tOFpicMICHAEL CONSEDINE INSURANCE COMMISSIONER a. I,iUerty SAFECO INSURANCE COMPANY OF AMERICA IVlutual. FINANCIAL STATEMENT—DECEMBER 31,2013 SURETY Assets Liabilities Cash and Bank Deposits..................................... $ 83,922,638 Unearned Premiums.............................................. $ 712,851,727 *Bonds—U.S Government................................. 285,887,198 Reserve for Claims and Claims Expense.............. 2,076,603,575 *Other Bonds........................................................ 2,593,005,223 Funds Held Under Reinsurance Treaties............... 0 *Stocks................................................................. 557,384,533 Reserve for Dividends to Policyholders................ 3,651,728 Additional Statutory Reserve................................ 0 Real Estate.......................................................... 0 Reserve for Commissions,Taxes and Agents'Balances or Uncollected Premiums....... 572,439,521 Other Liabilities.............................................. 765.289.392 Accrued Interest and Rents................................. 32,114,175 Total........................................................... 3,558,396,422 Other Admitted Assets........................................ 622.315,670 Special Surplus Funds............ $ 6,682,422 Capital Stock............................... 5,000,000 Paid in Surplus............................ 733,869,024 Unassigned Surplus..................... 443,121,090 Total Admitted Assets................................ 4.747.068.9 8 Surplus to Policyholders............................. 1,188,672,536 Total Liabilities and Surplus.............................. S4,747,068,958 acE coM„ 2T o�a110q�rq�a z o *Bonds are stated at amortized or investment value;Stocks at Association Market Values. :�� ft+: The foregoing financial information is taken from Safeco Insurance Company's financial statement d� q�up ��*+ filed with the state of New Hampshire Department of Insurance. bg � d7 1,TIM MIKOLAJEWSKI,Assistant Secretary of Safeco Insurance Company of America,do hereby certify that the foregoing is a true, and correct statement of the Assets and Liabilities of said Corporation,as of December 31,2013,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 20th day of March,2014. Assistant Secretary S-1262SA/a 4/13 -