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HomeMy WebLinkAbout02-1998COMMONWEALTH OF PENNSYLVANIA INSI~,NCE DEPARTMENT Harrisburg, PA April 1, 2002 Whereas, the OHIO FARMERS INSURANCE COMPANY, located at Westfield Center, 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 imurance; 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 ofthe Laws of 1923, that the Ohio Farmers Insurance Company, of West-field Center, 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, roles 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. Insurance Commissioner · "Financial Statement December 31, 2001 Ohio Farmers Insurance Co. Westfield Center, Ohio 44251-5001 (in thousands) ASSETS Cash Bonds Stocks, Unaffiliated Stocks, Affiliated: Westfield Insurance Company Westfield National Insurance Company Beacon Insurance Company of America American Select Insurance Company Old Guard Insurance Company Old Guard Fire Insurance Company First Patriot Insurance Company First De/aware Insurance Company Non-Insurance Subsidiaries Real Estate Agents' Balances and Uncollected Premiums, Net Interest and Dividends Accrued Other Admitted and Intangible Assets Total Admitted Assets LIABILITIES Reserve for Unearned Premiums Reserve for Unpaid Losses and Loss Expenses Reserve for Taxes and Other Liabilities Total Liabilities SURPLUS Surplus Total Surplus Total Liabilities & Surplus $ 7,751 83,395 58,071 313,053 91,212 34,555 32,622 30,076 13,081 4,058 3,545 25,829 55,809 26,726 849 24,539 805,171 41,954 68,057 83,162 193,172 611,999 611,999 805,171 State of Ohio ss: County of Medina The undersigned, being duly sworn, says: That he is Senior Executive - Fidelity & Surety Operations of Ohio Farmers Insurance Company, Westfield Center, Ohio; that said Company is a corporation duly organized, existing and engaged in business as a Surety Company by virtue of the Laws of the State of Ohio and n the State of Penn.s..y van a h authorized to do business ' · .................. J ........................................................ and as duly complied with all the requirements of the laws of 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 approved July 1947, 6 U.S.C. sec. 6-13; and that to the best of his knowledge and belief the above statement is a full, true, and correct statement of the financial condition of the said Company on the 31st day of December, 2001. M. Brooks Rorapaugh //A Corporate Counsel & Secretary "U Sworn to before me this 13th day of February, A.D., 2002. My Commission Does Not Expire Sec. 147.03 Ohio Revised Code NOTARIAL SEAL AFFIXED BD 5402 F Fidelity & Surety Operations Notary Public - State of Ohio