Loading...
HomeMy WebLinkAbout14-3189 1 j9F 111?0 THONO J'A"' '101411AY 27 AH 11 , J8 3 CUMBERLANO COUNTY PENNSYLVANIA CO-NINIONWEALTH OF PENNSYLVANIA INSURANCE DEPAR"I WNT CERTIFICATE OF AUTHORITY Property Effective Date: April 1, 2014 STATE FARM FIRE AND CASUALTY COMPANY MAIC NO. 25143 HAS COMPLIED WITH T14E 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: Accident and Bealtb 40 P.S.s 382(c)(2) 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(b)(2) Livestock 40P.S.082(c)(10) Mine and Machinery 40 P.S.s 382(c)(12,) Occan Marine 40 P.S.s 382(b)(3) Other Liability 40P.S,082(c)(4) Personal Property Floater 40R&082(c)(13) Property and Allied Lines 40P.S.082(b)(I) Water Damage 40P,S.082(c)(S) Workers Compensation 40P,S.082(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 HAND AND AFFIXED MY OFFICIAL SEAL, THE DATE AND YEAR FIRST ABOVE WRITTEN. MICHAEL CONSEDINE INSURANCE COMMISSIONER L)OPA SWOCIZ41 q .� STATE FARM FIRE AND CASUALTY COMPANY FINANCIAL STATEMENT-December 31, 2013 Assets Liabilities Cash and Bank Deposits....................................... $ 426,969,522 Unearned Premiums.................................................... $ 7,908,962,956 Reserve for Claims and Claims Expense................... 7,029,625,581 'Bonds ................................................................... 21,579,561,335 Provision for Reinsurance........................................... 2,972,290 Reserve for Commissions,Taxes and 'Stocks................................................................... 5,698,426,728 Other Liabilities......................................................... 5,567,970,933 Short-Term Investments......................................... 14,500,835 Total.......................................................................... 20,509,531,761 Reserve for Investment Agents'Balances or Uncollected Premiums......... 2,734,417,451 Fluctuation................................... 3,165,600,135 Surplus Note Principal ................... 500,000,000 Accrued Interest, Dividends and Rents................. 237,945,415 Capital Stock.................................. 10,000,000 Paid in Surplus............................... 3,060,786,638 Net deferred tax asset............................... 514,271,538 Unassigned Surplus....................... 4,214,774,358 Other Admitted Assets........................................... 254,600,068 Surplus to Policyholders....................................... $ 10,951,161,131 Total Admitted Assets...................................... $ 31,460,692,892 Total Liabilities and Surplus..................................... $ 31,460,692,892 "Bonds are stated at amortized or investment value;Stocks at Association Market Values. Securities carried at$1,033,265,161 as of December 31,2013 are deposited as required by law. I, Lyle Rudin, Assistant Secretary-Treasurer,of STATE FARM FIRE AND CASUALTY COMPANY,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 Bloomington, Illinois, this 25th day of February,2014. As ant Secr ary-Treasurer 2/11/2014 2:55 PM