HomeMy WebLinkAbout14-2988 2014 MAY 19 PM 2: 29
CUMBERLAND COUNTY
PENNSYLVANIA
8
COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
CERTIFICATE OF AUTHORITY
Casualty Effective Date: April 1,2012
SURETEC INSURANCE COMPANY
NAIC NO. 10916
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:
Fidelity and Surety 40 P.S.s 382(c)(1)
FOR THE YEAR ENDING MARCH 31,2013,IN ACCORDANCE WITH ITS CHARTER AND IN CONFORMITY
WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA.
IN WITNESS WHEREOF,I HAVE HEREUNTO SET MY
Pic Q pqR HAND AND AFFIXED MY OFFICIAL SEAL, THE
DATE AND YEAR FIRST ABOVE WRITTEN.
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��yh'�RtrHoFY��' MICHAEL CONSEDINE
INSURANCE COMISSIONER
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SureTec Insurance Company
1330 Post Oak Blvd.,Suite 1100
Houston,TX.77056
FINANCIAL STATEMENT
as of December 31,2013
Statutory Basis
Bonds $ 118,018,874 Reserve for Losses and Loss Expense $ 11,280,068
Stocks 22,908,130 Reserve for Unearned Premiums 22,156,670
Cash&Short Term Investments 6,537,747 Other Liabilities 46,160,819
Agents Balances or Uncollected Premiums 5,166,313 TOTAL LIABILITIES 79,597,557
Other Admitted Assets 4,988,030
Capital Stock 5,000;000
Surplus 73,021,537
TOTAL POLICYHOLDERS SURPLUS 78,021,537
TOTAL LIABILITIES AND POLICYHOLDERS
TOTAL ASSETS $ 157,619,094 SURPLUS $ 157,619,094
Bonds and stocks are valued in accordance with the basis adopted by the National Association of Insurance Commissioners.
Securities carried in the above statement are deposited as required by law.
CERTIFICATE
David Alien Wisnoski,Treasurer,and Matthew Brent Beaty,Assistant Secretary,of the SureTec Insurance Company,being duly sworn each for himself,deposes and says that
they are the above described officers of the said Company and that on the 31st day of December,2013,the Company actually possessed the assets set forth in the foregoing
financial statement,except as hereinbefore indicated,and that the foregoing statement is a correct exhibit of such assets and liabilities of said Company on the 31st day of
December,2013,according to the best of their information,knowledge and belief.
Treasurer A sistant Secretary
STATE OF TEXAS
COUNTY OF HARRIS
On this 25th day of March,2014,before me came the above
named officers of SureTec Insurance Company to me Rnown to
be the individuals and officers described herein,and
acknowledge that they executed the foregoing instrument and
affixed the seal of the corporation thereto by the authority of
their office.
Notary Public
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e LINDA WHITE
(- My Commission Expires
October 14,2017