HomeMy WebLinkAbout02-2231COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA
April 1~ 2002
Whereas, the NATIONAL GRANGE MUTUAL INSURANCE COMPANY, located at Keene, NH,
has filed in this Department a certified copy of its charier 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 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 of the Laws of 1923, that the National Grange Mutual Insurance Company, of
Keene, NH, 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, 1 have hereunto set my hand and
affixed my official seal, the day and year first above written.
Insurance Commissioner
NATIONAL GRANGE MUTUAL
INSURANCE COMPANY
I certify that at the Annual Meeting of the Directors of the National Grange Mutual Insurance Company duly called and held at
Keene, New Hampshire on March 8, 2002, the following officers were elected and still remain in office:
PHILIP D. KOERNER ......................................... CHAIRMAN OF THE BOARD
THOMAS M. VAN BERKEL ................................................... PRESIDENT AND CHIEF EXECUTIVE OFFICER
JEANNE H. EDDY ......................................... EXECUTIVE VICE PRESIDENT
SENIOR VICE PRESIDENT
STEPHEN CANTY .......................................................................................
LARRY ACORD, SCOTT GERLACH,
JOSEPH GRAUWILER, RICHARD HYATT,
EDWARD LOTKOWSKI, KELLY STACY ...................................... VICE PRESIDENTS
JOEL GELB .......................................................... VICE PRESIDENT AND CHIEF INFORMATION OFFICER
EDWARD J. KUHL ........................................................ VICE PRESIDENT, TREASURER AND CONTROLLER
WILLIAM C. MCKENNA ......................................................................... VICE PRESIDENT AND SECRETARY
JOHN HERRON, LYN E. LANDRY,
GEOFFREY MOLINA, KEVIN SMICK,
WALLACE H. SMITH ...................................................................................
ASSISTANT VICE PRESIDENTS
TIMOTHY O. MUZZEY ......................................................................................... ASSISTANT ACTUARY
MARLIN JACK CRAWFORD,
GERALD GANLEY, MICHAEL GROGAN,
GREGORY E. MANNING, DEBRA POSPIEL,
MIKE ROBIE, DENNIS UHLER ............................................................................ ASSISTANT SECRETARIES
RESIDENT VICE PRESIDENTS (APPOINTED)
WILLIAM ANDERSON .................................................................... VICE PRESIDENT, NEW ENGLAND REGION
MARK BERGER ......................................................................... VICE PRESIDENT, SYRACUSE REGION
JAMES R. PARKER .......................................................................... VICE PRESIDENT, SOUTHERN REGION
I further certify that the following statement of the Company is true as taken from the records of said Company as of December
31, 2001 ADMI~'rED ASSETS
Bonds at Amortized Values .......................... 211,141,669
Stocks at Market Value ................................ 190,207,334
First Mortgage Loans ...................................... 2,110,583
Real Estate ...................................................5,262,678
Cash in Office and Banks ................................ 17,921,724
Short Term Investments ................................. 8,046,673
Agent's Balance (Less than 90 Days) .............. 60,876,344
Accrued Interest ............................................ 3,398,357
Other Assets ............................................... 35,312,625
TOTAL ADMITTED ASSETS ......................... 534,277,987
Securities as deposited
LIABILITIES
Reserve for Losses ........................................... 109,688,430
Reserve for Loss Adjustment Expenses ................ 13,770,054
Reserve for Unearned Premiums ......................... 99,925,587
Reserve for Other Underwriting Expenses .............. 10,803,666
Reserve for Taxes, Licenses, and Fees ................... 2,237,503
Loss Drafts in Transit ......................................... -
Other Liabilities ............................................... 22,457,627
Total Liabilities ............................................... 258,882,867
Policyholders' Surplus ..... i ................................ 275,395,120
TOTAL .................................................. 534,277,987
by law, included above = $ 5,462,114
I further certify that the following is a true and exact exerpt from Article V, Section 2 of the By-Laws of National Grange
Mutual Insurance Company which is still valid and existing.
'The board of directors, the president, any vice president, secretary, or the treasurer shall have the power and authority to
appoint attorneys-in-fact and to authorize them to execute on behalf of the company and affix the seal of the company thereto,
bonds, recognizance or conditional undertaking and to remove any such attorneys-in-fact at any time and revoke the power and
authority given to them.'
Subscribed and Sworn to before me
on this 9th day of March, 2002
My Commission Expires May 13, 2003 '
68-1191 (3/02)
IN WITNESS THEREOF, I hereunto subscribe my name and
affix the seal of said company this 9th da ~ of March, 2002