HomeMy WebLinkAbout02-2234COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1~ 2002
Whereas, the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY, located at
Parsippany, N.J., 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 17th day of May, A.D. 1921, as well as with the requirements of the taws 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 thc Act of Assembly approved June 29, 1923 and known as act
No. 373 of the Laws of 1923, that the Firemen's Insurance Company of Newark, New Jersey, of
Parsippany, N.J., is duly authorized to become and bc 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 f~rst above written.
Insurance Commissioner
CNA INSURANCE COMPANIES
THE FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY
STATEMENT OF ASSETS AND LIABILITIES
December 31, 2001
ASSFfS:
Cash
Short-term investments (principally U.S. Government Obligations)
United States Government obligations
Other public bonds
Industrial and miscellaneous bonds
Preferred stocks
Common stocks of affiliated companies
Other common stocks
Real Estate
Premiums and agents' balances in course of collection
Premiums, agents balances and installments booked but
deferred and not yet due
Accrued retrospective premiums
Accrued interest dividends and rents
Other Assets
Admitted Assets
LIABILITIES:
(5,656,982)
46,911,558
138,686,126
87,185,296
80,667,853
0
242,122,261
24,892
1,083,669
6,659,560
5,959,301
3,763,067
5,441,110
83,021,488
69518691199
Unearned premium reserve
Reserve for loss and loss adjustment expense
Reserve for taxes, licenses and fees (including federal income taxes)
Other Liabilities
Total Liabilities
SURPLUS:
$ 50,629,423
311,642,529
7,888,783
(206~603)
$ . 369,9541132
Capital paid up ($8.00 par value)
Shares authorized: 540,000 issued: 540,000
Surplus
Surplus as Regards Policyholders
Total
$ 325,149,054
766,013
3251915,067
$ 695,869,199
Failure of items to add to totals shown is due to rounding.
State of Illinois )
) ss
County of Cook)
On this 10th day of April, 2002, before me came Lawrence J. Boysen and Jerry F. Sliwa, known
to me personally to be the Senior Vice President and the Assistant Vice President, respectively, of the
Firemen's Insurance Company of Newark New Jersey being fully sworn, certify and attest that the foregoing
statement is a true and correct statement of the assets and liabilities of the said company as of the date shown
in the statement.
Jerr~ ~ ~wa, As~tant Vice President
Lawrence J. Boysen~/Ser~io~
"OFFICIAL SSAL"
LISA R. WOOD
· Notary Public, State of Illinois
My Commission Expires 819103