BUSINESS INSURANCE ANNUAL DIRECTORY OF SURPLUS LINES INSURERS: C

C

Century Surety Co.

2400 Corporate Exchange Drive, Suite 290, Columbus, Ohio 43231; 614-895-2000; fax: 614-895-2707

1997 1996

Gross premiums $55,607,881 $41,086,364

Non-admitted $32,785,752 $30,793,129

Commercial risks 100% 100%

Net premiums $29,911,011 $24,663,945

Paid-in capital $3,000,000 $2,000,000

Policyholder

surplus $31,461,231 $25,953,588

Employees 111 91

Combined ratio 1 90.5% 101.1%

Combined ratio 2 89.9% 100.4%

Net income $5,165,972 $1,915,862

Best's rating A- AS&P's rating BBB BBB

Figures reported on a pooling basis.

Founded: 1978.

Parent: Century Business Services Inc.

Specialties: Contractors; restaurants, bars and taverns; tanning salons; taxicab and limosine; health and exercise; environmental professional consultants; apartment buildings; hotels/motels; day care/pre-schools.

Subsidiaries: American Inspection & Audit Services Inc., Columbus, Ohio; CSC Insurance Agency Inc., Columbus, Ohio; Continental Heritage Insurance Co., Salt Lake City; Evergreen National Indemnity Co., Columbus, Ohio.

Approved non-admitted in: Alabama, Alaska, Arkansas, California, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Iowa, Kansas, Kentucky, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wyoming.

Admitted in: Arizona, Indiana, Ohio, West Virginia, Wisconsin.

Officers: Roswell Ellis, CEO; Norman Amick, president; Glenn D. Southwick, treasurer/CFO; Anne L. Meyers, secretary; Craig L. Stout, vp.

Contact: Mike Stith.

Colony Insurance Co.

9201 Forest Hill Ave., Suite 200, Richmond, Va. 23235; 804-327-1700; fax: 804-327-1799

1997 1996

Gross premiums $49,102,590 $47,633,925

Non-admitted $45,810,752 $45,388,150

Commercial risks 100% 100%

Net premiums $28,715,347 $21,048,339

Paid-in capital $2,000,000 $2,000,000

Policyholder

surplus $30,535,456 $25,950,364

Employees 80 70

Combined ratio 1 98.4% 100.4%

Combined ratio 2 98.4% 100.2%

Net income $3,046,875 $3,170,460

Best's rating A- B++

Founded: 1981.

Parent: Front Royal Inc.

Specialties: Contractors, restaurants/taverns, auto garages, health care facilities, day care centers, pest control, security guards, environmental coverages.

Subsidiaries: Front Royal Insurance Co., Richmond, Va.

Approved non-admitted in: All states except Connecticut, Delaware, Maine, New Hampshire, New Jersey, New Mexico, Rhode Island.

Admitted in: Virginia.

Officers: John K. Latham, president/CEO; Dale Pilkington, senior vp-underwriting; Edward Desch, vp/CFO; Douglas Wall, vp-claims; Paul Gazzara, vp-marketing.

Contact: Julie Farley.

Columbia Casualty Co.

CNA Plaza, Chicago, Ill. 60685; 312-822-1906; fax: 312-817-3317

1997 1996

Gross premiums $544,205,439 $544,954,351

Non-admitted $201,266,877 $181,294,645

Commercial risks 100% 100%

Net premiums $321,837,070 $360,441,102

Paid-in capital $8,700,000 $5,200,000

Policyholder

surplus $291,700,643 $280,811,095

Employees 168 122

Combined ratio 1 110.3% 109.7%

Combined ratio 2 106.7% 109.4%

Net income $29,565,889 $34,272,113

Best's rating* A/A- A/AS&P's ratings* A+/A- A+/AFigures reported on a pooling basis.

Specialties: Railroad liability, excess workers compensation, liquor liability, elevator maintenance, non-standard automobile, group personal excess, excess casualty, specialty automobile.

Approved non-admitted in: All states. Also approved in Canada.

Admitted in: All states. Also admitted in Canada.

Officers: Richard W. Quehl, president; William P. Casey, senior vp.

Contact: Richard W. Quehl.

* Ratings are for CNA and Continental Insurance Co., respectively.