HomeMy WebLinkAbout02-2062COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
CERTIFICATE OF AUTHORITY
Effective Date: April 1, 2002
LEXINGTON NATIONAL INSURANCE CORPORATION
NAIC NO. 37940
HAS COMPLIED WITH THE REQUIREMENTS OF THE LAWS OF THE COMMONWEALTH OF
PENNSYLVANIA RELATING TO ADMISSION IN SAID COMMONWEALTH FOR THE PURPOSE OF
TRANSACTING INSURANCE BUSINESS IN PENNSYLVANIA AND THAT THE ABOVE NAMED
COMPANY IS HEREBY AUTHORIZED TO TRANSACT THE BUSINESS OF:
40-5-102 (¢) (1)
Fidelity and Su~ty
FOR THE YEAR ENDING MARCH 31, 2003, IN ACCORDANCE WITH ITS CHARTER AND
IN CONFORMITY WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA.
IN WITNESS WHEREOF, ! HAVE HEREUNTO SET MY HAND AND
INSURANCE DEPARTMENT
I, M. Diane Koken, Insurance Commissioner of the Commonwealth of Pennsylvania, do hereby
certify that the attached is a full, tree and correct copy of the Certificate of Authority of
LEXINGTON NATIONAL INSURANCE CORPORATION, as the same appears of reco~d
and remains on file with this Department.
I~ Witness W~ereof, I have hereunto set my hand
and caused my official seal to be affixed this
1st day of April, 2002.
LEXINGTON NATIONAL INSURANCE CORPORATION
214 EAST LEXINGTON STREET BALTIMORE, MARYLAND 21202
STATEMENT OF ASSETS, LIA~BILITIES, SURPLUS AND OTHER FUNDS
AT DECEMBER 31, 2001
ASSETS
Bonds (Amortized Value)
Common Stocks (Market Value)
Mortgage Loans on Real Estate
Real Estate - Properties held for sale
Cash & Bank Deposits
Short Term Investments
Other Invested Assets
Unpaid Premiums & Assumed Balances
Electronic Data Processing Equipment
Interest & Dividends Due and Accrued
Funds Held in Escrow Accounts
Other Assets
TOTAL ASSETS
LIABILITIES, SURPLUS & OTHER FUNDS
Losses (Reported losses net as to reinsurance
ceded and incurred but not reported losses)
Other Expenses (Excluding taxes, licenses and fees
Taxes, Licenses & Fees (Excluding Federal Income Tax)
Unearned Premiums
Accounts Withheld by Company for Account of Others
TOTAL LIABILITIES
Common Capital Stock
Gross Paid-in & Contributed Surplus
Unassigned Funds (Surplus)
Surplus as Regards Policyholders
TOTAL LIABILITIES, SURPLUS & OTHER FUNDS
$1,532,782
359,560
3,028,621
49,406
1,565,627
642,731
447,992
49,336
26,941
6,867,425
27,092
$14¢597,512
$ 138,818
165,850
175,444
1,689,175
6,867,425
$9,036,712
1,125,000
1,225,000
3,210,800
5,560,800
$14,5971512
I, Brian J. Frank, President of Lexington National Insurance Corporation,
certify that the foregoing is a fair statement of Assets, Liabilities, Surplus
and Other Funds of this Company, at the close of business, December 31, 2001,
as reflected by its books and records and as reported in its statement on file
with the Insurance Department of the State of Maryland
IN TESTIMONY WHEREOF, I have set my
hand and affixed the seal of the
Company this 22nd day of April, 2002.
LEX~~S%rRANCE CORPORATION
Brian ~J~ank, President