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HomeMy WebLinkAboutPM 2006-27 - Cashier Memo - 6/14/2018 [y of lamer- Ll"I�- MEMORANDUM rn� ■0 PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: June 14, 2018 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR PARCEL MAP NO. 2006-27 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$100,000.00 2. Payment Bond in the amount of$100,000.00 3. Copy of the Assignment, Delegation and Assumption of Subdivision Agreement If you have any questions, please contact me at 621-8684. Thank you�f � — Jonathan �Iartei City of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: April 24, 2018 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR PARCEL MAP NO. 2006-27 Attached are original bonds required for the subdivision agreement for the Parcel Map. Please review the following bonds for conformity to City acceptance policies: 1. Performance Bond in the amount of: $100,000.00 2. Payment Bond in the amount of: $100,000.00 If you have any questions, please contact me at 621-8684. Thank ya - Jonathan Bartel M69 IMIMARMENT DIVISION Approved [..rl�' 4AproVed W/Cha ges U IC-, s - i� City of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: May 8, 2018 TO: HEIDI BRIGGS RECELVED Personnel Services Department MAY 0 8 2018 CITY OF FRESNO FROM: JONATHAN BARTEL Personnel Services Department Public Works Department SUBJECT: ADDITIONAL POWER OF ATTORNEY FOR THE BONDS FOR PARCEL MAP NO. 2006-27 If you have any questions, please contact me at 621-8684. Thank you, Jonathan Bartel Bond No.:285058117 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas, the City Council of the City of Fresno, State of California, and Cintas Corporation No. 3, 27 Whitney Drive, Milford, OH 45150 ("principal") will be entering into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, identified as Subdivision Agreement for Parcel Map No.12006-27 , is hereby referred to and made a part hereof; and Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore, we, the principal and LIBERTY MUTUAL INSURANCE COMPANY as surety, are held and firmly bound unto the City of Fresno ("City"), in the penal sum of **ONE HUNDRED THOUSAND AND 00/100** dollars ($ 100,000.00 ) lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators,jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bounded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. In witness whereof, this instrument has been duly executed by the principal and surety above named, on March 29 2018 Principal: Cintas Corpora'an No.3 I By: � V E l %L 4S ia�r�ulj (Principal) t7LIBERTY MUTUAL INSV! ANCP COMPANY � r By: (Surety) Michelle D. Krebs,Attorney-In-Fact THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. This Power of Attorney limits the acts of those named herein,and they have no authority to bind the Company except in the manner and to the extent herein stated. Certificate No. 8041153 Liberty Mutual Insurance Company The Ohio Casualty Insurance Company West American Insurance Company POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS:That The Ohio Casualty Insurance Company is a corporation duly organized under the laws of the Stale of New Hampshire, that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts, and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana(herein collectively called the"Companies"),pursuant to and by authority herein set forth,does hereby name,constitute and appoint, Elaine Harmon;Michelle D. Krebs;Thomas E.Purtell;Kimberly G.Sherrod all of the city of Cincinnati -state of OH each individually if there be more than one named,its true and lawful attorney-in-fact to make,execute,seal,acknowledge and deliver,for and on its behalf as surety and as its act and deed,any and all undertakings,bonds,recognizances and other surely obligations,in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF,this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 19th day of March 2018 [t; °R 'z <:¢ar'{ur`'`% The Ohio Casualty Insurance Company N Liberty Mutual Insurance Company (D inl9o r ° 1912 1991 C I West rican nsurance Company N By: d 4. STATE OF PENNSYLVANIA ss David M.CareyrAssislsn..t Secretary C +rCOUNTY OF MONTGOMERY dOn this 19th day of March 2018,before me personally appeared David M.Carey,who acknowledged himself to be the Assistant Secretary of Liberty Mutual Insurance v v d Company,The Ohio Casualty Company, and West American Insurance Company, and that he, as such, being authorized so to do, execute the foregoing instrument for the purposes W0 2 therein contained by signing on behalf of the corporations by himself as a duly authorized officer. y W > IN WITNESS WHEREOF.I have hereunto subscribed my name and affixed my notarial seal at King of Prussia,Pennsylvania,on the day and year first above written. O Q N 5 p, PAS,- COMMONWEALTH OF PENNSYLVANIA Notarial Seal ��"' ""�"— �'G' ✓"W y F- ?$ 7 Teresa Pasteila,No[ary Public BY O `1 Upper 0.lerionTwp..Montgomery County Teresa Pastella,Notary Public ` yt My Commission Expires Alarch 28,2D21 3 r O Member.Pennsylvania tusociatinn of Notaries O E Cyd This Power of Attorney is made and executed pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company, Liberty Mutual .W c Insurance Company,and West American Insurance Company which resolutions are now in full force and effect reading as follows: t C5 QI Vl r 07 raL ARTICLE IV—OFFICERS—Section 12.Power of Attorney.Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President,and subject O e t4: to such limitation as the Chairman or the President may prescribe,shall appoint such attorneys-in-fact,as may be necessary to act in behalf of the Corporation to make,execute,seal, r y O,c acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Such attorneys-in-fact,subject to the limitations set forth in their respective a E powers of attorney,shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so N C executed,such instruments shall be as binding as if signed by the President and attested to by the Secretary.Any power or authority granted to any representative or attomey in-fact under > athe provisions of this article may be revoked at any time by the Board,the Chairman,the President or by the officer or officers granting such power or authority. t N ARTICLE XIII—Execution of Contracts—SECTION 5.Surety Bonds and Undertakings.Any officer of the Company authorized for that purpose in writing by the chairman or the president, E oQ > L and subject to such limitations as the chairman or the president may prescribe,shall appoint such attorneys-in-fact,as may be necessary to act in behalf of the Company to make,execute, N Oseal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Such attorneys-in-fact subject to the limitations set forth in their 000 Z v respective powers of attorney,shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so u o executed such instruments shall be as binding as if signed by the president and attested by the secretary. O co Certificate of Designation—The President of the Company,acting pursuant to the Bylaws of the Company,authorizes David M.Carey,Assistant Secretaryto appoint such atlomeys-in- ~ fact as may be necessary to act on behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Authorization—By unanimous consent of the Company's Board of Directors,the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company,wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds,shall be valid and binding upon the Company with the same force and effect as though manually affixed. I, Renee C. Llewellyn, the undersigned, Assistant Secretary, The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full,true and correct copy of the Power of Attorney exled by said Companies, is in full force and effect and has not been revoked. IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed the seals of said Companies this day of 0kaidtJ 20 1(R� .I I• �_� 1912 1991 BY a Renee C.Lle ssistarlt Secretary 32 of 250 LMS T2813 022017 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of Ohio County of Butler On March 29, 2018 before me, Josh Teed personally appeared Michelle D. Krebs who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature gnature of Notary Public Notary Public in the State of Ohio County of Butler My Commission expires 09/23/2018 Bond No.: 285058117 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas, the Cit Council of the City of Fresno, State of California, and Cinlas Corporation No. 3, 27 Whitney Drive, Milford, OH 45150 ("principal") have entered or will be entering into an agreement whereby the principal agrees to install and complete certain designated public improvements, which agreement, identified as Subdivision Agreement for Parcel Map No. 2006-27 is hereby referred to and made a part hereof; and Whereas, under the terms of the agreement, the principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Fresno ("City") to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. Now, therefore, the principal and LIBERTY MUTUAL INSURANCE COMPANY as corporate surety, are held firmly bound unto the City and all contractors, subcontractors, laborers, materialmen, and other persons employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code in the sum of "ONE HUNDRED THOUSAND AND 00/100' dollars (S 100,000.00 ), for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to this work or labor, that the surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing this obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies, and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration, or addition. In witness whereof, this instrument has been duly executed by the principal and surety above named, on March 29 20 18 Principal: Cintas Corporation No. 3 r By. itLj '- `� � VrA OvKI.� 'L` nf�hPtf'c (Principal) Surety: �IiBERTY MUTUAL INSUVA_NCg CO PANY (Surety) Michelle D. Krebs,Attomey-In-Fac. CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of Ohio County of Butler On March 29 2018 before me, Joseph Teed personally appeared Michelle D. Krebs who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature Si 611ture of Notary Public Notary Public in the State of Ohio County of Butler My Commission expires 09/23/2018 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of Ohio County of Clermont On _March 29, 2018 before me, Nancy Feds personally appeared Glenn Larsen who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature aA Signature of Noq Public �,,�tiunuurr,,� �pMA! ��`tiyD F 'f NANCY FEDS { ��': NOTARY PUBLIC STATE OF OHIO Comm. Expires = a Moy 03 2019 'YY Recorded in Clermont County THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. This Power of Attorney limits the acts of those named herein,and they have no authority to bind the Company except in the manner and to the extent herein stated. Certificate No. 8041124 Liberty Mutual Insurance Company The Ohio Casualty Insurance Company West American Insurance Company POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS:That The Ohio Casualty Insurance Company is a corporation duly organized under the laws of the State of New Hampshire,that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts, and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana(herein collectively called the"Companies"),pursuant to and by authority herein set forth,does hereby name,constitute and appoint, Elaine Harmon;Michelle D.Krebs;Thomas E.Purtell;Kimberly G.Sherrod all of the city of Cincinnati state of OH each individually if there be more than one named,its true and lawful attorney-in-fact to make,execute,seal,acknowledge and deliver,for and on its behalf as surely and as its act and deed,any and all undertakings,bonds,recognizances and other surety obligations,in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF,this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 19th day of March 2018 19 R '`_ R'1<< The Ohio Casualty Insurance Company rn rn Liberty Mutual Insurance Company m 1419 1912 1991 r C - E West American Insurance Company m ,_� 14� of4. By _ - C STATE OF PENNSYLVANIA ss David M.Carer sslstant Secretary C O ++ COUNTY OF MONTGOMERY C = O N On this 19th day of March 2018,before me personally appeared David M,Carey,who acknowledged himself to be the Assistant Secretary of Liberty Mutual Insurance L)t— v ty Company, The Ohio Casualty Company, and West American Insurance Company, and that he, as such, being authorized so to do, execute the foregoing instrument for the purposes t) jU LU p therein contained by signing on behalf of the corporations by himself as a duly authorized officer. R = E GN > IN WITNESS WHEREOF,I have hereunto subscribed my name and affixed my notarial seal at King of Prussia,Pennsylvania,on the day and year first above written. CD y 7 ,p, PbSr COMMONWEALTH OF PENNSYLVANIA r, d Q M *yRtrw�gf�(� Notarial Seai OIr y Teresa Pasleila,Notary Public By. 0 ` OF Upper hlerionTwp-,Monlgomery County Teresa Pastella,Notary Public d c: My Commission Expires March 28,2021 3 M P rN 4V _.� Member,Pennsylvania Associalion of Notaries t0 E O C M This Power of Attorney is made and executed pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company, Liberty Mutual .0 p Insurance Company,and West American Insurance Company which resolutions are now in full force and effect reading as follows:IM �. md ARTICLE IV—OFFICERS—Section 12.Power of Attorney.Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President.and subject Oim C a; to such limitation as the Chairman or the President may prescribe,shall appoint such attorneys-in-fact,as may be necessary to act in behalf of the Corporation to make,execute,seal, �+y O,c acknowledge and deliver as surety any and all undertakings,bands,recognizances and other surety obligations. Such attorneys-in-fact,subject to the limitations set forth in their respective �p E 4i powers of attorney,shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so 'M w C Mexecuted,such instruments shall be as binding as if signed by the President and attested to by the Secretary.Any power or authority granted to any representative or attomey-in-fact under > the provisions of this article may be revoked at any time by the Board,the Chairman,the President or by the officer or officers granting such power or authority, t-4 4a04 M r ARTICLE XIII—Execution of Contracts—SECTION 5-Surety Bonds and Undertakings.Any officer of the Company authorized for that purpose in writing by the chairman or the president, E°Q > and subject to such limitations as the chairman or the president may prescribe,shall appoint such attomeys-in-fact,as may be necessary to act in behalf of the Company to make,execute, L O 3 seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Such attomeys-in-fact subject to the limitations set forth in their oQ Z v respective powers of attorney,shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so u v executed such instruments shall be as binding as if signed by the president and attested by the secretary. O co Certificate of Designation—The President of the Company,acting pursuant to the Bylaws of the Company,authorizes David M.Carey,Assistant Secretary to appoint such attomeys-in- ~ fact as may be necessary to act on behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Authorization—By unanimous consent of the Company's Board of Directors,the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company,wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds,shall be valid and binding upon the Company with the same force and effect as though manually affixed. I, Renee C. Llewellyn, the undersigned, Assistant Secretary, The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full,true and correct copy of the Power of Attorney executed by said Companies, is in full force and effect and has not been revoked f IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed the seals of said Companies this day of r '29 . Y INEU aira�uq,r _ p 1.314 i 1912 r4 `7 1991 By. -P Renee C.L , ssislant Secretary dam'•%:� �y� �y�'Gt•' � "YrrAtw T 3 of 250 LMS 12873 022017 Aoiv Aon Disk Solutions Construction Services Group April 30,2018 Martin Crume CINTAS CORPORATION 27 Whitney Drive Milford,OH 45150 RE: Bond No.285058117 CITY OF FRESNO Subdivision Bond-Parcel Map No.2006-27(1240 PALMETTO,LLC,Owner-Assignor) Dear Martin Crume: Enclosed please find the second power of Attorney and Notary acknowledgement as requested. If you should have any questions or if I may be of further assistance, please do not hesitate to call me at(3 12)381- 1000. Sin erely, 1 r UL, Michelle D. Krebs Enclosure Record#2658931 cc: LIBERTY MUTUAL INSURANCE COMPANY Aon Risk Services Central, Inc. 200 E. Randolph, 12th Floor, , Chicago, IL 60601 •tel: (312)381-1000•fax: (312)381-0276 License No. 0363334 5/9/2018 Liberty Mutual Insurance Company-Company Profile-Best's Credit Rating Center Liberty Mutual Insurance Company A.M. Best#: 002283 NAIC#:23043 FEIN#: 041543470 Domiciliary Address Flnencia!Ssrengih RdIng 175 Berkeley Street .� fsf:Sr�j Boston, MA 02117 A Excolient United States Assigned to insurance companies that have, in our Web: opinion, an excellent ability to www.LibertyMutualGroup.com meet their ongoing insurance Phone: 617-357-9500 obligations. Fax: 617-574-5955 View additional news, reports and products for this company. Based on A.M. Best's analysis, 051114 - Liberty Mutual Holding Company Inc. is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. View a list of operating insurance entities in this structure. Best's Credit Ratings Financial Strength Rating View Definition Rating: A(Excellent) Affiliation Code: p (Pooled) Financial Size Category: XV ($2 Billion or greater) Outlook: Stable Action: Affirmed Effective Date: March 08, 2017 Initial Rating Date: June 30, 1922 Long-Term Issuer Credit Rating View Definition Long-Term: a Outlook: Stable Action: Affirmed Effective Date: March 08, 2017 Initial Rating Date: November 23, 2004 http://ratings.ambest.com/CompanyProfile.aspx?ambnum=2283&URating Id=2392449&bl=0&AItSrc=9&PPP=&AItNum=O&Ext_User=&Ext_Misc=&Portal=0&Site= 5/9/2018 Liberty Mutual Insurance Company-Company Profile-Best's Credit Rating Center u Denotes Under Review Best's Rating Best's Credit Rating Analyst Rating Issued by: A.M. Best Rating Services, Inc. Senior Financial Analyst: Gregory Dickerson Senior Director: Michael J. Lagomarsino, CFA, FRM Disclosure Information Disclosure Information Form View A.M. Best's Rating Disclosure Form Guarantor(s) - also see the Rating Disclosure Form for the following companies, as they guarantee rated debt issues for this company. 051114- Liberty Mutual Holding Company Inc. Press Release A.M. Best Affirms Credit Ratings of Liberty Mutual Holding Company Inc. and Its Subsidiaries March 08, 2017 Rating History A.M. Best has provided ratings & analysis on this company since 1922. Financial Strength Rating Effective Date Rating 3/8/2017 A 10/8/2015 A 9/24/2014 A 8/14/2013 A 7/26/2012 A Long-Term Issuer Credit Rating Effective DateRating 3/8/2017 a http://ratings.ambest.com/CompanyProfile.aspx?ambnum=2283&URating Id=2392449&bl=O&AItSrc=9&PPP=&AltNum=O&Ext_User—&Ext_Misc=&Portal=0&Site= 5/9/2018 Liberty Mutual Insurance Company-Company Profile-Best's Credit Rating Center 10/8/2015 a 9/24/2014 a 8/14/2013 a 7/26/2012 a Rated Issues Issue Credit Ratings Date Effective Outlook/ Amount Coupon Issue TypeRating Issued Date Implication 05/11/1995 150,000,000 USD 8.505% Surplus bbb+ 03/08/2017 Stable Notes 10/09/1997 500,000,000 USD 7.697% Surplus bbb+ 03/08/2017 Stable Notes 10/16/1996 250,000,000 USD 7.875% Surplus bbb+ 03/08/2017 Stable Notes (i) Denotes Indicative Rating Related Financial and Analytical Data The following links provide access to related data records that A.M. Best utilizes to provide financial and analytical data on a consolidated or branch basis. AMB # Company Name Company Description 087060 Liberty Mutual Insurance Represents the Property/Casualty financials for the Canada Branch Company CAB of this legal entity. Best's Credit Reports II ,Best's Credit Report -Where applicable, includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed business overview and key financial data. Report Revision Date: 3/29/2017 (represents the latest significant change). I Historical Reports are available in Best's Credit Report Archive. View additional news, reports and products for this company. http://ratings.ambest.com/CompanyProfi le.aspx?ambnum=2283&URating Id=2392449&bl=0&AItSrc=9&PPP=&AItNum=0&Ext_User—&Ext_Misc=&Portal=0&Site- 5/9/2018 Liberty Mutual Insurance Company-Company Profile-Best's Credit Rating Center Press Releases Date Title May 02,2017 A.M. Best Removes from Under Review with Developing Implications,Affirms Credit Ratings of Ironshore Inc.and Its Subsidiaries Mar 08,2017 A.M. Best Affirms Credit Ratings of Liberty Mutual Holding Company Inc.and Its Subsidiaries Aug 19, 2016 A.M. Best Affirms and Withdraws Ratings of Liberty Mutual Insurance Europe Limited Oct 08,2015 A.M. Best Affirms Ratings of Liberty Mutual Holding Company Inc.and Its Subsidiaries Sep 24,2014 A.M. Best Affirms Ratings of Liberty Mutual Holding Company Inc.and Its Subsidiaries Apr 17,2014 A.M.Best Affirms Ratings for Republic Indemnity Company of America and Its Affiliates Aug 14, 2013 A.M. Best Affirms Ratings of Liberty Mutual Holding Company Inc.and Its Subsidiaries Jul 26,2012 A.M. Best Affirms Ratings of Liberty Mutual Holding Company Inc.and Its Subsidiaries May 04, 2012 A.M. Best Assigns Ratings to Liberty Mutual Group Inc.'s New Senior Unsecured Notes Jun 16,2011 A.M. Best Revises Outlook to Stable for Liberty Mutual Holding Company Inc.and Its Subsidiaries 1 2 3 Page size: 10 22 items in 3 pages Find a Best's Credit Rating Enter a Company Name Go Advanced Search Flow to Get a r � Iz•; 'i Bests Credit Rating Bests Credit Ratings /it Mobile App European Union Disclosures A.M. Best-Europe Rating Services Limited (AMBERS),a subsidiary of A.M. Best Rating Services, Inc., is an External Credit Assessment Institution (ECAI)in the European Union (EU).Therefore, Credit Ratings issued and endorsed by AMBERS may be used for regulatory purposes in the EU as per Directive 2006/48/EC. Australian Disclosures A.M. Best Asia-Pacific Limited (AMBAP),Australian Registered Body Number(ARBN No.150375287), is a limited liability company incorporated and domiciled in Hong Kong.AMBAP is a wholesale Australian Financial Services(AFS)Licence holder(AFS No. 411055)under the Corporations Act 2001. Credit Ratings emanating from AMBAP are not intended for and must not be distributed to any person in Australia other than a wholesale client as defined in Chapter 7 of the Corporations Act.AMBAP does not authorize its Credit Ratings to be disseminated by a third-party in a manner that could reasonably be regarded as being intended to influence a retail client in making a decision in relation to a particular product or class of financial product.AMBAP Credit Ratings are intended for wholesale clients only, as defined. http:!/ra tings.a m best.com IComp a n yP rofi le.a spx?a m bn u m=228 3&U Rati n g Id=239 2449&b l=0&Alts rc=9&PPP=&AItN u m=0&E xt_U se r=&Ext_M isc=&Porta i=0&Site= 5/9/2018 Liberty Mutual Insurance Company-Company Profile-Best's Credit Rating Center Credit Ratings determined and disseminated by AMBAP are the opinion of AMBAP only and not any specific credit analyst.AMBAP Credit Ratings are statements of opinion and not statements of fact.They are not recommendations to buy, hold or sell any securities or any other form of financial product, including insurance policies and are not a recommendation to be used to make investment /purchasing decisions. Important Notice:A.M. Best's Credit Ratings are independent and objective opinions, not statements of fact.A.M. Best is not an Investment Advisor, does not offer investment advice of any kind, nor does the company or its Ratings Analysts offer any form of structuring or financial advice.A.M. Best's credit opinions are not recommendations to buy, sell or hold securities, or to make any other investment decisions. For additional information regarding the use and limitations of Credit Rating opinions, as well as the rating process, information requirements and other rating related terms and definitions, please view Understanding Best's Credit Ratings. About I Site Map I Customer Service I My Account I Contact I Careers I Terms of Use I Privacy Policy I Security I Legal & Licensing Regulatory Affairs-Form NRSRO-Code of Conduct-Rating Methodology-Historical Performance Data Copyright©2018 A.M. Best Company, Inc. and/or its affiliates ALL RIGHTS RESERVED. http://ratings.ambest.com/CompanyProfiile.aspx?ambnum=2283&URating Id=2392449&bl=0&AItSrc=9&PPP=&AItNum=O&Ext_User=&Ext_Misc=&Portal=0&Site= 5/9/2018 Company Profile DEPARTMENTCALIFORNIA i COMPANY PROFILE Company Profile Company Search Company Information Company Information LIBERTY MUTUAL INSURANCE COMPANY Old Company 175 BERKELEY ST Names BOSTON, MA 02116 Agent for Service 500-526-1547 Reference Information Old Company Names Effective Date NAIC Group List Lines of Business Agent For Service Workers' Compensation KARISSA LOWRY Complaint and 2710 GATEWAY OAKS DRIVE Request for SUITE 150N Action/Appeals SACRAMENTO CA 95833 Contact Information Financial Statements Reference Information PDF's Annual Statements NAIC #: 23043 Quarterly Statements California Company ID #: 1022-3 Company Complaint I I.- - CompanyDate Authorized in California. --7711 08/30/1929 Performance& Comparison Data License Status: UNLIMITED-NORMAL Company Company Type: Property &Casualty Enforcement Action Composite [Stat�eof Domicile: MASSACHUSETTS Complaints Studies Additional Info back to top Find A Company Representative In Your Area NAIC Group List View Financial Disclaimer NAIC Group #: 0111 LIBERTY MUT GRP Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY CREDIT DISABILITY FIRE LIABILITY MARINE MISCELLANEOUS PLATE GLASS https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyProfile&doFunction=getCompanyProfile&eid=3090 112 5/9/2018 Company Profile SPRINKLER SURETY TEAM AND VEHICLE WORKERS' COMPENSATION back to top © 2008 California Department of Insurance https:Hinteractive.web.insurance.ca.gov/companyprofile/companyprofiile?event=companyProfile&doFunction=getCompanyProfile&eid=3090 212