HomeMy WebLinkAbout02-2088COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1~ 2002
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 17t~ day of May, A.D. 1921, as well as with the requirements o£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.
Insurance Commissioner
The Oh
io Casualty Insurance Company
136 North Third Street, Hamilton, Ohio 45025
FINANCIAL STATEMENT- December 31, 2001
ASSETS
Cash ........................................................................................ $
Bonds~ ...................................................................................
Stocks~ ...................................................................................
Real Estate (less encumbrances) ..............................................
Premiums in Course of Collection ...........................................
Investment Income Due & Accrued .........................................
Reinsurance Recoverable ........................................................
Other Assets ............................................................................ $
2001
6,468,663.67
878,52 7,408.21
855,921,791.35
31 ,,521,486.08
134,727,557.40
15,392,932.62
14, 729,768.04
112,434,1 77.84
Total Assets
LIABILITIES
Reserve for Outstanding Losses ............................................... $
Reserve for Unearned Premiums .............................................
Reserve for Taxes & Expenses ..................................................
Reserve for Reinsurance ..........................................................
Other Liabilities ......................................................................
...................................................................... $2,049,723,785.21
723,682,582.82
269,536,692.17
44,812,291.73
1,253,295.00
242,935,944.04
Total Liabilities ................................................................. $1,282,220,805.76
Capital Stock ......................................... $ 4,500,000.00
Net Surplus ........................................... $ 763,002,979.45
Policyholders Surplus ....................................................... $ 767,502,979.45
Total Liabilities, Capital Stock and Surplus ....................... $2,049,723,785.21
Valuations on basis approved by the National Association of Insurance Commissioners.
STATE OF OHIO
ss:
COUNTY OF BUTLER
Dan R. Carmichael, 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 said State applic-
able 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 and the above statement is a full, true and correct statement of the financial condition of said
Company on the 31st day of December, 2001.
Sworn to before me this 1 st day of March, 2002.
Cheryl S. Gregory, Notary Public
State of Ohio
My Commission Expires August 6, 2002.
Dan R. Carmichael, President
S-208 OC I