HomeMy WebLinkAbout02-2235COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEPARTMENT
Harrisburg, PA April 1, 2002
Whereas, the CONTINENTAL CASUALTY COMPANY, located at Chicago, IL, 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 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 Continental Casualty Company, of Chicago, IL, 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
CNA INSURANCE COMPANIES
CONTINENTAL CASUALTY COMPANY
STATEMENT OF ASSETS AND LIABILITIES
December 31, 2001
ASSETS:
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:
(199,079,104)
1,456,281,976
1,562,876,302
4,850,287,448
3,979,738,885
262,739,334
3,814,699,893
788,316,772
9,437,410
869,472,390
595,086,711
124,319,334
112,620,863
3~49616681179
21,723,466~394
Unearned premium reserve
Reserve for loss and loss adjustment expense
Reserve for taxes, licenses and fees including fedora income taxes)
Other Liab I ties
Total Uabilities
SURPLUS: ,
$ 2,863,932,361
10,109,775,387
160,930,222
3,8881764,317
$ 17~023,402,287
Capital paid up ($5.00 par value)
Shares authorized 8,425,000 issued: 7,856,558
Surplus $ 2,657,071,759
2~042~9921347
Surplus as Regards Polio/holders 4,700~064r107
Total $ 21~723,466~394
Failure of items to add to totals shown is due to rounding.
State of Illinois )
) ss
County of Cook)
On this 1 Otb 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
Continental Casualty Company being fully Sworn, certify and a~est that the foregoing statement is a true an
correct statement of the assets and liabilities of the said company as of the date ~hown in the statement d
Notary Public
rence J. Bo(~_gfl, Senior ~'ice President
'OFFICIAL SEAL"
· LISA R. WOOD
Notary Public, State of Illinois
My Comm[s=[c~~. ~:~;:!r~s 8/9/03