HomeMy WebLinkAbout02-1963COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA A
Whereas, the AMERICAN STATES INSURANCE COMPANY, located at IndianaI
in this Department a certified copy of its charter and a detailed statement of its Assets and Li
otherwise complied with the requirements of Section 661 of the Act of Assembly of the Con
Pennsylvania, entitled "An act relating to insurance; amending, revising and consolidating fl
approved the 17th day of May, A.D. 1921, as well as with the requirements of the laws ofthi
applicable to such company in doing business herein.
Now Therefore, I, M. Diane Koken~ Insurance Commissioner of the Commonwealth o
hereby certify, in accordance with Section 1, of the Act of Assembly approved June 29, 192.
No. 373 of the Laws of 1923, that the American States Insurance Company, of Indianal~
authorized to become and be accepted as sole surety on all bonds, undertakings and obligati,
permitted by law or the ordinances, rules or regulations of any municipality, board, body, or
public officer.
In Witness Whereof, I have hereunto set n
affixed my official seal, the day and year fir
~ril 1, 2002
,olis, IN, has filed
abilities, and
anonwealth of
e Law &c.,"
Commonwealth
Pennsylvania, do
and known as act
}lis, IN, is duly
,ns required or
anization, or
hand and
above written.
SAFECO'
AMERICAN STATES INSURANCE COMPANY
FINANCIAL STATEMENT -- DECEMBER 31, 2001
Assets
Cash and Bank Deposits ....................................... $
* Bonds -- U.S. Government .................................
* Other Bonds .........................................................
*Stocks ...................................................................
Real Estate ............................................................
Agents' Balances or Uncollected Premiums ........
Accrued Interest and Rents ..................................
Other Admitted Assets .........................................
(41,621,219)
160,583,395
937,228,957
378,617,819
18,487,126
153,107,162
17,455,616
103,601,968
Liabilities
Unearned Premiums ..................................... i .........
Reserve for Claims and Claims Expense ...... ! .........
Funds Held Under Reinsurance Treaties ...... ~ .........
Reserve for Dividends to Policyholders .................
Additional Statutory Reserve .................................
Reserve for Commissions, Taxes and
Other Liabilities ................................................
Total
Capital Stock ............................. $ 5.00~},000
Paid in Surplus ........................... 557.75~7.202
Unassigned Surplus ................... ( 185.30~,221 )
Surplus to Policyholders .................... 4 .........
Total Admitted Assets .................................. $1,727,460,824
,1'~.~r
.~. 0 .~
Total Liabilities and Surplus ...............................
* Bonds are stated at amortized or investment value; Stocks at Association Market
carried at $17,434,132 are deposited as required by law.
$ 330,464,922
875,470,126
8,752
3,848,632
140,219,411
$1,350,011,843
377,448,981
$1,727,460,824
~alues. Securities
l, MICHAEL C. PETERS, president of American States Insurance Company, do hereby certify that the foregoing is a tn te, and correct statement
of the Assets and Liabilities of said Corporation, as of December 31, 2001, 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 Seattle, Washington, this 1st day of
March, 2002. ~
President
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