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HomeMy WebLinkAbout06-2919 7Lc, D~ ).91') ~ T~ . . " COMMONWEALTH OF PENNSYL VANIA INSURANCE DEPARTMENT Harrisburg, P A April!.2006 Whereas, the OHIO CASUALTY INSURANCE COMPANY, located at Hamilton, OH, has filed in this Department a certified copy of its charter and a detailed statement of its Assets and Liabilities, and otherwise complied with the requirements of Section 661 of the Act of Assembly of the Commonwealth of Pennsylvania, entitled "An act relating to insurance; amending, revising and consolidating the Law &c.," approved the 17th day of May, A.D, 1921, as well as with the requirements of the laws of this Commonwealth applicable to such company in doing business herein. Now Therefore, I, M. Diane Koken, Insurance Commissioner of the Commonwealth of Pennsylvania, do hereby certify, in accordance with Section 1, of the Act of Assembly approved June 29,1923 and known as act No. 373 of the Laws of 1923, that the Ohio Casualty Insurance Company, of Hamilton, OH, 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 public officer. In Witness Whereof, I have hereunto set my hand and affixed my official seal, the day and year first, above written. 'Y{:~d(dbJU Insurance Commissioner t..... ., THE omo CASUALTY INSURANCE COMPANY FINANCIAL STATEMENT - DECEMBER 31, 2005 ASSETS 2005 Cash Bonds Stocks Real Estate (less encumbrances) Premiums in Course of Collection Investment Income Due and Accrued Reinsurance Recoverable Other Assets Total Assets $ (15,411,353.00) 3,071,641,976.00 675,404,814.00 25,899,435.00 335,274,506.00 42,817,375.00 16,83 I ,461.00 118,813,137.00 $ 4,271,271,351.00 LIABILITIES Reserve for Outstanding Losses Reserve for Unearned Premiums Reserve for Taxes and Expenses Reserve for Reinsurance Other Liabilities Total Liabilities Capital Stock Net Surplus Policyholders Surplus Total Liabilities, Capital Stock and Surplus $ 2,046,866,452.00 653,830,316.00 144,069,426.00 8,957,053.00 413,002,777.00 $ 3,266,726,024.00 $ 4,500,000.00 1,000,045,315.00 $ 1,004,545,315.00 $ 4,271,271,339.00 State of Ohio ) County ofButIer) SS.: Ralph S. Michael III, being duly sworn says: That he is President of The Ohio Casualty Insurance Company of Hamilton, Ohio; that said Company is a corporation 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, 2005. Sworn to before me this 1st day of March, 2005. t!kf ..I. 1L1"Y' uUV Cheryl S. Gregory, Notary Public My Commission Expires August 6, 2007. Ralph S. Michael III, President .,l."," ~ f-'-'" -r .. 'V W .s:.. ...J, '" a .... if, ~ \.; .... \. ~ 2 -, -s.. -Of;,) f\,,\f^j' 2,,'0~ .n,,' :.::;-~ r.;:'( ::f;"i" ~;,(-~--:; 'J;'(-:_: ~ ;..,;: ~ """ cr- % .,... ....:: ~ --< :J:.-n rn-e -oH:10 N ~n N t),9 ::: --;.~\ ::;2 '=';.~(r~,~ -"" {''1. :;::" r:? ~. N :.Q o t, \ ,