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COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, P A ADrill. 2006
Whereas, the PENNSYLVANIA NATIONAL MUTUAL CASUALTY INSURANCE COMPANY,
located at Harrisburg, P A, 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 17'h day of May, A.D. 1921, as well as with the requirements ofthe
laws ofthis 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 Pennsylvania National Mutual Casualty Insurance Company, of
Harrisburg, P A, 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.
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PENNSYLVANIA NATIONAL MUTUAL
CASUALTY INSURANCE COMPANY,
PENN NATIONAL SECURITY INSURANCE COMPANY
AND FOUNDERS INSURANCE COMPANY
2005
ANNUAL
REPORT
CONSOLIDATED STATUTORY BALANCE SHEET
DECEMBER 31,2005
ADMITTED ASSETS
Investments:
Bonds" .
Stocks..
Real Estate....
Loans to affiliates...
Other assets..
Cash and cash equivalents..
Total cash and investments... .
$ 841,017,982
112,003,028
2,112.129
26,396.618
484,882
12263 488
994,278,127
150,101,461
10.810,554
12,346,631
23,718,560
12492376
Agents' balances and uncollected premiums..
Investment income due and accrued....
Amounts due from reinsurers..
Deferred income taxes..
Other assets..
Total admitted assets....
$1203747709
LIABILITIES
Reserves for losses and loss adjustment expenses.. ,
Unearned premiums...
Premium taxes and other expenses..
Drafts outstanding.
Other liabilities..
T otalliabilities ...
$ 556,383.680
236,580,893
28.547.827
9.258,401
36226911
866997712
POLICYHOLDERS. SURPLUS
Surplus Notes.. .
Unassigned surplus." .
Total policyholders' surplus..
50,000.000
286749997
336 749 997
Total liabilities and policyholders' surplus.. .
$1 203747 70Q
Commonwealth of Pennsylvania
} 55
County of Dauphin
We, Christine Sears, Treasurer, and Kenneth R .Shutts, Secretary, respectively of PENNSYL V ANlA NATIONAL MUTUAL CASUALTY
iNSURANCE COMPANY, PENN NATIONAL SECURITY iNSURANCE COMPANY AND FOUNDERS INSU E COMPANY, do hereby
certify that the foregoing is a true statement of the financial condition of said Companies as of Decem r 31, 2 05
Subscribed and sworn to before me
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COMMONWEALTH OF pENNSYLVANIA
Notarial Saal
Dawn L. Backer, .tI.?"'JX!counUbllc
CIIY of Harrisburg, ~I'''''' nty
My Commission Expires NOV. 8, 2009
Member, pennsytvanla AsaooIation of Notaries
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