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.
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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
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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
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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
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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.
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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 -