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.