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HomeMy WebLinkAbout05-2317 ... ,-~c.E DI:~ ~ ,,:.~~/ ~O~ "".... ~~ 'io" ~.OfP~'" '11.to ':{..J.. 3 /7 C~ ,........... COMMONWEAL TII OF PENNSYLVANIA INSURANCE DEPARTMl~NT Harrisburg, PA April),2005 Whereas, the OHIO CASIJAL TY INSURANCE COMPANY, lllcated at Hamilton, OH, has Jiled in this Department a certitied copy of its charter and a detailed statemcnt of its Assets and Liabilities, and otherwise complied with the requirements of Section 661 of the Act or Assembly of the Commonwealth of Pennsylvania, entitle,] "An act relating to insllrance: amending. revising and consolidating the Law &c,," approved the 17'h day of' May, A.D. 1921, as well as with the requirements of the laws orthis Commonwealth applicable to such company in doing business herein. Now Therefore, J, M. Diane Koken, Insurance Commissioner of the Commonwealth of Pennsylvani<l, do hereby cer:ify, in accordance with Section I, of the Act of Assembly approved June 29, ] 923 and known as act 010 373 of the Laws of 1923, that the Ohio Casual!)' Insurance Company, of Hamilton, OU, 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 puhlic oft1cer. In Witness Whereof. I have hereunto set my hand and affixed my of1icial seal, the day and year lirs! above written. 'h.~ -~.I.._.. ---~--Insurance c~ . THE omo CASUALTY INSURANCE COMPANY FINANCIAL STATEMENT - DECEMBER 31, 2004 ASSETS Cash............................................................................................... Bonds... ................. .......... ......... ........... ...... ...................................... Stocks............................................................................................ . Real Estate (less encumbrances )...................................................... Premiums in Course of Collection...................................................... Investment Income Due and Accrued............................................... Reinsurance Recoverable ................................................................. Other Assets............................................................................... .... Total Assets.................................................................................... LIABILITIES Reserve for Outstanding Losses........................................................ Reserve for Unearned Premiums ...................................................... Reserve for Taxes and Expenses ...................................................... Reserve for Reinsurance ......... ......... ................................................ Other Liabilities......................................... ....................................... Total Liabilities............................................................................. $ Capital Stock.................. $ 4,500,000.00 Net Surplus..................... 967,540,018.58 Policyholders Surplus........................................................................ Total Liabilities, Capital Stock and Surplus ......................................... 2004 $ (19,193,053.08) 1,449,789,109.78 856,637,209.98 26,453,431.09 164,121,437.87 18,747,005.07 23,789,933.24 75,516,619.42 $ 2,595,541,693.36 $ 912,814,572.84 307,334,006.90 65,742.355.25 2,287,600.00 335,323,139.79 1,623,501,674.78 $ 972,040,018.58 $ 2,595,541,693.36 State of Ohio ) County of Butler) SS.: Elizabeth M. Riczko, being duly sworn says: That she is President of The Ohio Casualty Insurance Company of Hamilton, Ohio; that said Company is a cotporation duly organized, existing and engaged in business as a Surety by virtue of the laws of the State of Ohio and has duly complied with all the requirements of the laws of the 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 of July 30,1947 (6 U.S.C. 6-13); that to the best of his knowledge and belief the above statement is a full, true and correct statement of the financial condition of said Company on the 31st day of December, 2004. Sworn to before me this 1st day of March, 2005. r!kf -t! lkrr Cheryl S. Gregory, Notary Public State of Ohio My Conunission Expires August, 6, 2007 Elizabeth M. Riczko. President ~;; t -- t::' '" "" "" 't- ~ ("' ~J v, '" o G t j:-~ t1 ~ ~\ t, "' '" ~ tf ~ o ->1 ..... ~~- -n ~n f[~~) :':''': :.,~, n ~-- <-> c~ 'b; :::;;. .;::< -~,~ ~l. -.. --.l ~ c "', -;.- ':L\?'\.\ - ':.- .. C':~:i '}...> (}l -' f') C'C) .~~ i i