Laserfiche WebLink
<br />~..Libcrtv <br />~ 1\1utual <br /> <br />SAFECO INSURANCE COMPANY OF AMERICA <br /> <br />FINANClAL STATEMENT - DECEMBER 31, 2008 <br /> <br />Assets <br />Cash and Bank Deposits ...;.................................. $ 267,363,750. <br />"Bonds - U.S Government..:.......................................... 13,359,352 <br />"Other Bonds............ ............................................... 2,353,906,395 <br />"Stocks .................................................................... 281,831,749 <br /> <br />Real Estate..................................................................... 0 <br /> <br />Agents' Balances or Uncollected Premiums................. 557,216,809 <br />Accrued Interest and Rents.................................... 34,037,369 <br />Other Admitted Assets........................................... 444.517.784 <br /> <br />Total Admitted Assets ................................... $3 952 233 20R . <br /> <br /> <br />Liabilities <br /> <br />Unearned P.remiums.............................................. $ 666,660,985 <br />Reserve for Claims and Claims Expense ...................1,577,767,462 <br />Funds Held Under Reinsurance Treaties............... 430,979 <br />Reserve for Dividends to Policyholders......................... 2,164,985 <br />Additional Statutory Reserve ................................ <br />Reserve for Commissions, Taxes and <br />Other Liabilities .............................................. 935.383.360 <br /> <br />Total........................................................... $3,128,407,771 <br />Special Surplus Funds...... $ 3,399,995 <br />Capital Stock................................ 5,000,000 <br />Paid in Surplus ................................346,118,108 <br />Unassigned Surplus................... 415.307.334 <br />Surplus to Policyholders............................. 769.825,437 <br />Total Liabilities and Surplus.............................. $3.952 233 20R <br /> <br />.' Bonds are stated at amortized or investment value; Stocks at Association Market Values. <br />Securities carried at $113,984,922 are deposited as required by law. <br /> <br />\, TIM MIKOLAJEWSKI, Vice-President of SAFECO Insurance Company of America, do hereby certify that the foregoing is a true, and <br />. correct statement of the Assets and Liabilities of said Corporation, as of December 31,2008, to the best of my knowledge and belief. <br /> <br />................................................................................................ <br /> <br />ACKNOWLEDGMENT OF SURETY COMPANY <br />STATE OF ...~.X9~.........} ss <br />COUNTY OF .t~N?~A-Y... ......... <br /> <br />On thIs ....t.p..~iJ.;},.~Q9fL....................., before me personally came ....I.~.9.r:ry.~.~..I?~?~................................... <br /> <br />to me known, who,. being by me duly sworn, dId depose and say; that he/she resides In <br /> <br />...~.~.~9.1.~.9.~~D.tx.................................., State of ...~:~?~..... ... ......t that he/she Is the Attorney-In-Fact of the <br /> <br />._..~Flte.c;o.Jn~~r.Gln~e.~QrDp.?l.r;1Y..9U~\f!1.E~lr.iEijI....."... ...... ..... ..... the corporation described In which exeouted the <br /> <br />above Instrument; that he/she knows the seal of said corporatIon; that the seal affixed to saId Instrum(mt Is <br />such corporate seal; that Is was so affixe.d by the Boatd of Directors of said corporatIon; and that he/she sIgned <br />hls/her . name thereto by like order; and the affiant did further depose and say that the Superintendent of <br />Insurance of the State of New York. has pursuant to Sectlon-1111 of the' Insurance Law of the State of New <br />York, Issued. to' ..Sp.f~.G9.,1nl>.l}rf!n~~.~9mp.ijIny..9f,-!1I)J~ricR......."........."..,.......... (Surety) hlalher certificate of <br />quallfloat/on evIdencing the qualification of said Company and Its au ency under an law of the State of New <br /> <br />~:",,: ~:'~~':~~.,"nlor, .nd the propriety of .:~~Z5...:~ ..~...~Cr...~~.I~~I.~~~~.~~I~"..~ <br /> <br />GUa AOCERSOft -.... .. otary Public . <br />IIatIIY PuIlIIc. State of NeW - <br />No. 01AC6U1S90 <br />IV acknowledgement ~ =:. ~d <br />