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HomeMy WebLinkAboutPM 2014-06 - Cashier Memo - 8/24/2017 City of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: August 24, 2017 TO: YOLANDA SMITH Public Works Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: SUBMITTAL OF PAYMENT FOR PARCEL MAP NO. 2014-06 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$55,000.00 2. Payment Bond in the amount of$29,000.00 3. 5% Performance Security a. Check in the amount of$3,000.00 (United Security Bank No. 6020) 4. The Balance on Exhibit B of the Subdivision Agreement a. Check in the amount of$26,229.80 (United Security Bank No. 6003) 5. Document preparation fees deposit into 180203 10101 34559 a. Check in the amount of$5,572.00 (United Security Bank No. 5940) 6. Copy of the Subdivision Agreement identifying itemized applicable charges. If you have any questions, please contact me at 621-8684. Thank you Jonathan artel City of MEMORANDUM PUBLIC WORKS DEPARTMENT LAND DIVISION 2600 FRESNO STREET FRESNO,CA 93721 DATE: August 23, 2017 TO: HEIDI BRIGGS Personnel Services Department FROM: JONATHAN BARTEL Public Works Department SUBJECT: REQUEST FOR BOND APPROVAL FOR PARCEL MAP NO. 2014-06 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: $55,000.00 2. Payment Bond in the amount of: $29,000.00 If you have any questions, please contact me at 621-8684. RISK MANAGEMENT d ISION Approved Thank you, Aoved wl nges LjJonatha Bartel Date 'AUG 2 3 2017 Bond No.: PB11511002214 Premium:$1,375.00 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas, the City Council of the City of Fresno, State of California, and Sky Park, LLC,A California Limited Liability Company ("principal") will be entering into an agreement whereby principal agrees to install and complete certain designated public Improvements, which said agreement, identified as Subdivision Agreement for Parcel Map No. 2014-05,Parcels , is hereby referred to and made a part hereof; and A, B,and C and Outlot 1 Whereas, principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore, we, the principal and Philadelphia Indemnity Insurance Company as surety, are held and firmly bound unto the City of Fresno ("City"), in the penal sum of fifty five thousand and No/100*** dollars ($ 55 0_00.00*** ) 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 August 9 , 2017 Principal: 5 y Park,LLC,A CV ifornia Limited Liability Company By: (Print I) Surety: Philadel is Indemnity Insurance Company By: (Surety) tt rrey•In-Fact:Justin Smit 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 California County of Fresno ) On � '7 before me, Roberta Voss, Notary Public (insert name and title of the officer) personally appeared Justin Smit who proved to me on the basis of satisfactory evidence to be the person(x) whose name(zs) is/WKI subscribed to the within instrument and acknowledged to me that he/9kXX4kWexecuted the same in his/NeeDrMooaix authorized capacity(W), and that by his/kir/*bzixsig nature(x) on the instrument the person(a), 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. ROBERTA VOSS WITNESS my hand and official seal. •°" NOTARYPUBLIC-CALIFORNIA a m a COMMISSION#2053053 r' FRESNO COUNTY My Comm.Exp.January 19,2018 r Signatures (Seal) 393 PHILADELPHIA INDEMNITY INSURANCE COMPANY One Bala Plaza,Suite 100 Bala Cynwyd,PA 19004-0950 Power of Attorney KNOW ALL PERSONS BY THESE PRESENTS:That PHILADELPHIA INDEMNITY INSURANCE COMPANY(the Company),a corporation organized and existing under the laws of the Commonwealth of Pennsylvania,does hereby constitute and appoint Justin A.Smit and Roberta Voss of Dibuduo and DeFendis Insurance Brokers,LLC.,its true and lawful Attorney-in-fact with full authority to execute on its behalf bonds,undertakings,recognizances and other contracts of indemnity and writings obligatory in the nature thereof,issued in the course of its business and to bind the Company thereby,in an amount not to exceed$5,000,000.00 This Power of Attorney is granted and is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of PHILADELPHIA INDEMNITY INSURANCE COMPANY at a meeting duly called the I"day of July,2011. RESOLVED: That the Board of Directors hereby authorizes the President or any Vice President of the Company to: (1) Appoint Attorney(s) in Fact and authorize the Attorney(s) in Fact to execute on behalf of the Company bonds and undertakings,contracts of indemnity and other writings obligatory in the nature thereof and to attach the seal of the Company thereto; and (2) to remove, at any time, any such Attorney-in-Fact and revoke the authority given. And,be it FURTHER RESOLVED: That the signatures of such officers and the seal of the Company may be affixed to any such Power of Attorney or certificate relating thereto by facsimile,and any such Power of Attorney so executed and certified by facsimile signatures and facsimile seal shall be valid and binding upon the Company in the future with the respect to any bond or undertaking to which it is attached. IN TESTIMONY WHEREOF,PHILADELPHIA INDEMNITY INSURANCE COMPANY HAS CAUSED THIS INSTRUMENT TO BE SIGNED AND ITS CORPORATE SEALTO BE AFFIXED BY ITS AUTHORIZED OFFICE THIS 10"'DAY OF JUNE 2013. (Seal) . .. Robert D.O'Leary Jr.,President&CEO Philadelphia Indemnity Insurance Company On this 100i day of June 2013,before me came the individual who executed the preceding instrument,to me personally known,and being by the duly sworn said that he is the therein described and authorized officer of the PHILADELPHIA INDEMNITY INSURANCE COMPANY;that the seal affixed to said instrument is the Corporate seal of said Company;that the said Corporate Seal and his signature were duly affixed. CO W TM OF FENPMIYK "'""5.91 Kimbely 0.raieek{Flptlry PubAc La Nmol TNR Pragyrry[nuHr r W-11%+w E-Wry We Ap MG Notary Public: 64�� residing at: Bala Cvmvvd PA (Notary Seal) My commission expires: December 18,2016 I,Edward Sayago,Corporate Secretary of PHILADELPHIA INDEMNITY INSURANCE COMPANY,do herby certify that the foregoing resolution of the Board of Directors and this Power of Attorney issued pursuant thereto on this 10111 day of June 2013 true and correct and are still in full force and effect.I do further certify that Robert D.O'Leary Jr.,who executed the Power of Attorney as President,was on the date of execution of the attached Power of Attorney the duly elected President of PHILADELPHIA INDEMNITY INSURANCE COMPANY, �7 15 Testf rwy Whcra-ul'1 have subscribed my name and allixed the Ihcsimitc seal of each Company lhic rc}Asv of pr f v5 r Gil _ r Edward Sayago,Corporate S=retary PHILADELPHIA INDEMNITY INSURANCE COMPANY Bond No.: PB11511002214 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas, the City Council of the City of Fresno State of California, and Sky Park,LLC,A California Limited Liability Company ("principal") have entered or will be entering into an agreement whereby the principal agrees to install and complete certain designated public improvements, whir_h agreement, identified as Subdivision Agreement for Parcel Map No. 2014-06, Parcels , is hereby referred to and made a part hereof; and A, B,and C and Outlot 1 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 Philadelphia Indemnity 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—twenty nine thousand and No/100*** dollars ($ 29.;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 August 9 , 2017• Prin�lp• 51 Park,LLC, 'C a Limited labilit Company By:l! �dj (- �� �-� (Pri kip i) bl Surety: Philadelphia /dImnity Insuran Company By: (Surety) Attorne I -tact:Justin Smit 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 California County of Fresno ) On 4q-A7 before me, Roberta Voss, Notary Public (insert name and title of the officer) personally appeared Justin Smit who proved to me on the basis of satisfactory evidence to be the person(s) whose name(zs) is/gcc>s; subscribed to the within instrument and acknowledged to me that he/skxx41cWexecuted the same in his/beer/tkxxix authorized capacity(W), and that by his/ter/*c ieix signature(x)on the instrument the person(a), or the entity upon behalf of which the person() 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. SS WITNESS my hand and official seal. RPUBLIC V ALI e NOTARY PUBLIC•CALIFORNIA „ 3 COMMISSION#2053053 FRESNO COUNTY My Comm.Exp.January 19,2018 Signature (Seal) 388 PHILADELPHIA INDEMNITY INSURANCE COMPANY One Bala Plaza,Suite 100 Bala Cynwyd,PA 19004-0950 Power of Attorney KNOW ALL PERSONS BY THESE PRESENTS:That PHILADELPHIA INDEMNITY INSURANCE COMPANY(the Company),a corporation organized and existing under the laws of the Commonwealth of Pennsylvania,does hereby constitute and appoint Justin A.Smit and Roberta Voss of Dibuduo and DeFendis Insurance Brokers,LLC.,its true and lawful Attorney-in-fact with full authority to execute on its behalf bonds,undertakings,recognizances and other contracts of indemnity and writings obligatory in the nature thereof,issued in the course of its business and to bind the Company thereby,in an amount not to exceed$5,000,000.00 This Power of Attorney is granted and is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of PHILADELPHIA INDEMNITY INSURANCE COMPANY at a meeting duly called the I"day of July,2011. RESOLVED: That the Board of Directors hereby authorizes the President or any Vice President of the Company to: (1) Appoint Attorney(s) in Fact and authorize the Attorney(s) in Fact to execute on behalf of the Company bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof and to attach the seal of the Company thereto; and (2) to remove, at any time, any such Attorney-in-Fact and revoke the authority given. And,be it FURTHER RESOLVED: That the signatures of such officers and the seal of the Company may be affixed to any such Power of Attorney or certificate relating thereto by facsimile,and any such Power of Attorney so executed and certified by facsimile signatures and facsimile seal shall be valid and binding upon the Company in the future with the respect to any bond or undertaking to which it is attached. IN TESTIMONY WHEREOF,PHILADELPHIA INDEMNITY INSURANCE COMPANY HAS CAUSED THIS INSTRUMENT TO BE SIGNED AND ITS CORPORATE SEALTO BE AFFIXED BY ITS AUTHORIZED OFFICE THIS I OTn DAY OF JUNE 2013. (Seal) ' ^• Robert D.O'Leary Jr.,President&CEO Philadelphia Indemnity Insurance Company On this 10°i day of June 2013,before me came the individual who executed the preceding instrument,to me personally known,and being by me duly sworn said that he is the therein described and authorized officer of the PHILADELPHIA INDEMNITY INSURANCE COMPANY;that the seal affixed to said instrument is the Corporate seal of said Company;that the said Corporate Seal and his signature were duly affixed. Q M. M OF PER16 VA sI1A NOWieI Soil Kimberly W TWO 11 ki,Notary Publicny Wrff Ka4i1 Tn'p nbeeP�A'r+�Y K Rw•nniykn 6Was Gec LO,NtS ieuir�mus nua"sur w°frrmhw, Notary Public: residing at: Bala Cynwyd,PA (Notary Seal) My commission expires: December 18,2016 I,Edward Sayago,Corporate Secretary of PHILADELPHIA INDEMNITY INSURANCE COMPANY,do herby certify that the foregoing resolution of the Board of Directors and this Power of Attorney issued pursuant thereto on this 10111 day of June 2013 true and con•ecl and are still in full force and effect. I do further certify that Robert D.O'Leary Jr.,who executed the Power of Attorney as President,was on the date of execution of the attached Power of Attorney the duly elected President of PHILADELPHIA INDEMNITY INSURANCE COMPANY, In Testimony Whereof I have subscribed my name and affixed the fQacsimile seal ofeach Company this tJINday of rS�Y YS� 17 " Euhward Sayago,Corporate Secretary PHILADELPHIA INDEMNITY INSURANCE COMPANY 8/21/2017 Philadelphia Indemnity Insurance Company-Company Profile-Best's Credit Rating Center A.M. Best Rating Services Philadelphia Indemnity Insurance Company u A.M.Best 0:003616 NAIL 9 t 8u56 FEIN q:231739402 Domiciliary Address One Bala Plaza Suite 100 F'wwial ahwgd�noting Bala Cynwyd,PA 19004-1403 BEST United States Ar uperlor Assigned to insurance companies that have,in our opinion, Web:www.i)hlv.com a superior ability to meet their ongoing insurance Phone:610-617-7900 obligations. Fax:610-617-7940 View additional news,reoorts and products for this company. Based on A.M.Best's analysis,058633-Tokio Marine Holdings 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++(Superior) Affiliation Code: p(Pooled) Financial Size Category: XV($2 Billion or greater) Outlook: Stable Action: Affirmed Effective Date: September 21,2016 Initial Rating Date: i June 30,1981 Long-Term Issuer Credit Rating View Definition Long-Term: as+ Outlook: Stable Action: Affirmed Effective Date: September 21,2016 Initial Rating Date: June 03,2005 u Denotes Under Review Best's Rating Best's Credit Rating Analyst Rating Issued by:A.M.Best Rating Services,Inc. Senior Financial Analyst:Robert Raber Senior Director:Gregory T.Williams Disclosure Information View A.M.Best's Rating Disclosure Form It= A,M.Bgrrt Affirms Credit Ratings of Philadelphia Insurance Companies'Members September 21,2016 Rating History A.M.Best has provided ratings&analysis on this company since 1981. Financial Strength Rating Effective Date 9/21/2016 Rating A++ 6/4/2015 A++ 5/8/2014 A++ 2/28/2013 A++ Long-Term Issuer Credit Rating Effective Date 9121/2016 Rating as+ 6/4/2015 aa+ 5/8/2014 as+ 2/28/2013 aa+ AMB Credit Reports AMEJ gradit Rono -includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary,detailed business overview and key financial data. 1I Report Revision Dale:9/21/2016(represents the latest significant change). http://www3.ambest.com/ratings/entities/SearchResults.aspx?AltSrc=9 1/2 8/21/2017 Philadelphia Indemnity Insurance Company-Company Profile-Best's Credit Rating Center Historical Reports are available in AMB Credit Report Archive. View additional news,reports and products for this company. Press Releases Date Title Sep 21,2016 A.M.Best Affirm s Cred it Ratings of Phi ade li3hia In urance C m nies'Mem e Jun 04,2015 —A.M.Best A 'rms Ratings of Philadelphia lmurance Companies'M mbers May 08,2014 A est Affirm s R g lingf P11 i! d el Phi a Inggranee nie 'Members Feb 28,2013 A 1y1.BestAffirms Ratings of Philadelphia Insurance Companies Members Sep 19,2011 M.Be ades sof P d 1 hia n i nee Com s and f M tubers Jul 09,2010 M.Best vises outlook to Positive for Philad hia Insura [ Co ani a d Its Me rs Jun 12,2009 A M.Best Upgrades.Issu Credit Aa" s of Phi a e phg Insura ce Com ani rid Its Me ers Dec 05,2008 A M.Best Withdraws Rating of Philadelphia Consolidated Holding Corp,,,Following Its Acouisiti❑n by Takio Marine Holdinns May 29,2008 A.M. est LJ ra a Rain ❑ hilade hia Consolidated 1 foldin Ca and A rm he Ratio s fits Suhsidiari s Jun 08,2007 A.M.Be t Affirms Ra in s of esand LilagEly America nsurance Gr 1 2 Page size: 10 12 items in 2 pages European Union Disclosures A.M.Best-Europe Hating 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 20081481EC. Australian Disclosures A.M.Best Asia-Pacific Limited(AMBAP).Australian Registered Body Number jARBN ND.I50375287).Is a Ilmilad Ilabllity company incorporated and domia7ed in Hong Siong.AMBAP Is a wholesale Australian Financial Services iAFS)Licence hotder(AFS No.411055)under the Corporations Act 2001 Credk Ratings emanaling from AMBAP are not intended for and must not be distributed to any person In Australis other than a wholesale cllenl as defined in chapter 7 of the Corporatlorks Act.AMBAP does nat authorize its Credit iRatlnps to be dlsserrilnaled 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 f ran clal product.AMBAP Credit Ratings are intended for wholesale diems only,as darined. 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.bast's Credit Ratings are mdepandent and objective opinions,not statements or facl.A.M.Bast is not an Investment Advisor,does not offer mvasimetll advice of any kind,nor dries the company or its Ratings Analysts Offer any form of structuring of financial advice.A.M,Best's creme opinions are not recommundahons to buy,sell or hold sacuntM9,or to make any other investment decisions.For addlikmal Information regarding the use and limitalona of Credit Rating opinions,as well as the rating procass,infofmaflon requirements and other rating related terms and dormitions,please vista Undersfandlne Bests Credit Ratings. About A.M Best i Site Map i Customer Service i Member Center i Contact Info 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 0 2017 A.M.Best Company,Inc and/or its affiliates ALL RIGHTS RESERVED. http://www3.ambest.com/ratings/entities/SearchResults.aspx?AltSrc=9 212 8/21/2017 Company Profile ML CALIFORNIA DEPARTMENT OF INSURANCE COMPANY PROFILE Company Profile Company Search Company Information Company Information PHILADELPHIA INDEMNITY INSURANCE COMPANY Old Company ONE BALA PLAZA SUITE 100 Names BALA CYNWYD, PA 19004 Agent for Service 877-438-7459 Reference Information Old Company Names P y Effective Date NAIC Group List Lines of Business Agent For Service Workers' Compensation Vivian Imperial Complaint and 818 WEST SEVENTH STREET Request for SUITE 930 Action/Appeals LOS ANGELES CA 90017 Contact Information Financial Statements Reference Information PDF's Annual Statements Quarterly NAIC #: 18058 Statements California Company ID #.: 3576-6 Company Complaint Company [Date Authorized in California: 01/27/1993 Performance& Comparison Data License Status; UNLIMITED-NORMAL Company Company Enforcement Action p y Type: Property &Casualty Composite State of Domicile: PENNSYLVANIA Complaints Studies Additional Info back to top Find A Company Representative In Your Area NAIC Group List View Financial Disclaimer NAIC Group # 3098 Tokio Marine Holdings Inc 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. AUTOMOBILE BOILER AND MACHINERY BURGLARY DISABILITY FIRE LIABILITY MARINE MISCELLANEOUS PLATE GLASS SPRINKLER SURETY back to top hUps:Hinteractive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyProfile&doFunction=getCompanyProfile&eid=12973 1/2 8/21/2017 Company Profile © 2008 California Department of Insurance https:Hinteractive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyProfile&doFunction=getCompanyProfile&eid=12973 2/2 8/24/2017 Company Profile CALIFORNIA DEPARTMENTOF INSURAN COMPANY PROFILE Company Profile Company Search Company Information Company Information PHILADELPHIA INDEMNITY INSURANCE COMPANY Old Company ONE BALA PLAZA SUITE 100 Names BALA CYNWYD, PA 19004 Agent for Service 877-438-7459 Reference Information Old Company Names Effective Date NAIC Group List Lines of Business Agent For Service Workers' Compensation Vivian Imperial Complaint and 818 WEST SEVENTH STREET Request for SUITE 930 Action/Appeals LOS ANGELES CA 90017 Contact Information Financial Statements Reference Information PDF's Annual Statements NAIC #: Quarterly 18058 Statements [California Company ID #. 3576-6 Company Complaint Company Date Authorized in California: t11/27J1993 Performance& Comparison Data License Status: UNLIMITED-NORMAL Company [Company Type: Property& Casualty Enforcement Action Composite State of Domicile: PENNSYLVANIA Complaints Studies 11 Additional Info back to top Find A Company Representative In Your Area NAIC Group List View Financial Disclaimer NAIC Group #: 3098 Tokio Marine Holdings Inc 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. AUTOMOBILE BOILER AND MACHINERY BURGLARY DISABILITY FIRE LIABILITY MARINE MISCELLANEOUS PLATE GLASS SPRINKLER SURETY back to top https:Hinteractive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyProfile&doFunction=getCompanyProfiile&eid=12973 1/2 8/24/2017 Company Profile © 2008 California Department of Insurance https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?event=companyProfile&doFunction=getCompanyProfile&eid=12973 2/2 8/24/2017 Philadelphia Indemnity Insurance Company-Company Profile-Best's Credit Rating Center A.M. Best Rating Services Philadelphia Indemnity Insurance Company u A.M.Best#:003616 NAIC#:18056 FEIN#:231738402 Domiciliary Address F,MMLW Swan irin fiermp One Bala Plaza Suite 100 Bala Cynwyd,PA 19004-1403 tses1> A.. Supanor United Stales Assigned to insurance companies that have,in our opinion, a superior ability to meet their ongoing insurance Web:www.phlv.com obligations. Phone:610-617-7900 Fax:610-617-7940 View additional news,reports and products for this company. Based on A.M.Best's analysis,058633-Tokio Marine Holdings.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 Vlew Definition Rating: A++(Superior) Affiliation Code: p(Pooled) Financial Size Category: XV($2 Billion or greater) Outlook: Stable Action: Affirmed Effective Date: September 21,2016 Initial Rating Date: June 30,1981 Long-Term Issuer Credit Rating View Definition Long-Term: as+ Outlook: Stable Action: Affirmed Effective Date: September 21,2016 Initial Rating Date: June 03,2005 u Denotes Under Review Beers RaGna Best's Credit Rating Analyst Rating Issued by:A.M.Best Rating Services,Inc. Senior Financial Analyst:Robert Raber Senior Director:Gregory T.Williams Disclosure Information View A.M.Best's Rating Disclosure Forth 1� A.M.Best Affirms Credit Ratings afPhlladelghla InsuramceComoanlea Members September 21,2016 Rating History A.M.Best has provided ratings&analysis on this company since 1981. Financial Strength Rating Effective Date Rating 9/21/2016 A++ 6/4/2015 A++ 5/8/2014 A++ 2/28/2013 A++ Long-Term Issuer Credit Rating Effective Date Rating 9/2112016 as+ 6/4/2015 as+ 5/8/2014 as+ 2/28/2013 as+ AMB Credit Reports \� AMB Credit Report -includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary,detailed business overview and key financial data. V Report Revision Dale:9/21/2016(represents the latest significant change). http://www3.ambest.com/ratings/entities/SearchResults.aspx?AltSrc=9 V2 8/24/2017 Philadelphia Indemnity Insurance Company-Company Profile-Best's Credit Rating Center ff77 Historical Reports are available in AMB Credit Reoort Archive. View additional news,reports and products for this company. Press Releases Date Title Sep 21,2016 AM.Best Affirms Credit Ratings of P{liladeiphia Insurance Companies'Members, Jun 04,2015 A.M.Best Affirms Ratings of Philadelphia Insurance Companies'Members May 08,2014 A.M.Best Affirms Ratings of Philadelphia Insurance Companies'Members Feb 28,2013 A.M.Best Affirms Ratings of Philadelphia Insurance Companies Members Sep 19,2011 A.M.Best Upgrades Ratings of Philadelphia Insurance Companies and Its Members Jul 09,2010 A.M.Best Revises Outlook to POS it,iye for Philadelphia Insurance Companies and Its Members Jun 12,2009 A.M,Best Upgrades Issuer Credit Ratings of Philadelphia Insurance Companies and Its Members Dec 05,2008 A.WSW Withdraws Rating,of Philadelphia Consolidated Holding Corp.Following Its Acquisition by Tokio_MariLie HoWing5 May 29,2008 A.M.Best Upgrades Rating of Philadelphia Consolidated Holding Corp.and Affirms the Rating s of Its Subsidiaries Jun 08,2007 A.M._Best Affirms Rat inos of Phi€adeIphia Insurance Companies and Liberty American Insurance Group 1 2 Page size: 10 12 items in 2 pages 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. 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About A M Best I Site Map I Customer Service I Member Center I Contact Info I Careers I Terms of Use I Privacy Policy I Security I Legal 8 Licensing Regulatory Affairs-Form NRSRO-Code of Conduct-Rating Methodology-Historical Performance Data Copyright©2017 A M Best Company,Inc and/or its affiliates ALL RIGHTS RESERVED. http://www3.ambest.com/ratings/entities/Search Results.aspx?AltSrc=9 2/2 GINDER DEVELOPMENT CORP. UNITED SECURITY BANK 6020 759 W.ALLUVIAL,SUITE 102 7088 N. 1 ST STREET FRESNO,CA 93711 FRESNO,CA 93720 (559)225-4500 (888)683-6030 6020 - 90-4149/1211 Three thousand dollars B TO THE ORDER OF 8/10/2017 3,000.00 = City of Fresno City of Fresno Engineering Services Divison 2600 Fresno Street rF r� Fresno, CA 93721 y � s P 'O S� ILIA 11§006020111 1: L 2 114 L4951: 002 L 2740711■ CK#:6020 BANK:gdc - GINDER DEVELOPMENT CORP. CK#:6020 BANK:gdc - GINDER DEVELOPMENT CORP. Vendor Vendor Name Check Date Check Number CITY0002 City of Fresno 8/10/2017 6020 IFIP" Invoice Date ?�1VOICe OeScrlpti0 nice Amount Discount Amount PayAmoumt unt 2014-06 deposit 8/10/2017 / 3,000.00 3,000.00 Check Total 3,000.00 3.000.00 Vendor Vendor Name Check Date Check Number CFFY0002 City of Fresno 8/10/2017 —F 6020 Invoice Number Invoice Date Reference Invoice Amount Discount Amount Payment Amount 2014-06 deposit 8/10/2017 3,000.00 3,000.00 Check Total 3.000.00 3.000.00 ® LfR!O USA SFSLIM CI(7508111M GINDER DEVELOPMENT CORP. UNITED SECURITY BANK 6003 759 W.ALLUVIAL,SUITE 102 7088 N 1 ST STREET FRESNO, CA 93711 FRESNO,CA 93720 6003 (559)225-4500 (888)683-6030 90-4149/1211 Twenty six thousand two hundred twenty nine dollars and eighty cents TO THE 8/9/2017 26,229.80 ORDER OF City of Fresno City of Fresno Engineering Services Divison 2600 Fresno Street Fresno,CA 93721 17 11'00600311" I; L2LL4L4951: 002 12740711' CK#:6003 BANK:gdc - GINDER DEVELOPMENT CORP. CK#:6003 BANK:gdc - GINDER DEVELOPMENT CORP. Vendor Vendor Name Check Date Check Number CITY0002 City of Fresno �e 8/9/2017 6003 P8V&y mHCcount Invoice Date (U01 nvoice Description rce Amount Discount Amount Payment Amount Parcel Map 2014-06 8/9/2017 (IJa 26,229.80 26,279.80 Chedc Total 26.229.80 26,229.80 Vendor Vendor Name Check Date Check Number CIrY0002 Gty of Fresno 8/9/2017 6003 Invoice Number Invoice Date Reference Invoice Amount Discount Amount Payment Amount Parcel Map 2014-06 8/9/2017 26,229.80 26,229.80 Check Total 26.229.80 26.229.80 ®Safeguarcr u-..a s,aw cnsosiiin+ GINDER DEVELOPMENT CORP. UNITED SECURITY BANK 5940 759 W.ALLUVIAL,SUITE 102 7088 N. 1 ST STREET FRESNO,CA 93711 FRESNO, CA 93720 5940 (559)225-4500 (888)683-6030 - 90-4149/1211 Five thousand five hundred seventy two dollars 8 TO THE 8/1/2017 5,572.00 ORDER OF City of Fresno City of Fresno N Engineering Services Divison 2600 Fresno Street Fresno,CA 93721 J/.' ECG9 L�1 11'00594011' 1: L 2 L LL, L4951: 00 2 L 2740711' CK#:5940 BANK:gdc - GINDER DEVELOPMENT CORP. CK#:5940 BANK:gdc - GINDER DEVELOPMENT CORP. Vendor Vendor Name Che&Date Check Number CFFY0002 Gty of Fresno 8/1/2017 5940 ioe um r Invoice Date re Invoice Amount Discount Amount Payment Amount pert' wcco�nt 7?ate7onvoice Description Amo �} Sky Park Subdivision 8/1/2017 MN;2014.06 5,572.00 572.00 Check Total 5.572.00 5.572.00 Vendor Vendor Name Check Date Check Number C1TY0002 City of Fresno 8/1/2017 5940 Invoice Number Invoice Date Reference InvoiceAmount Discount Amount Payment Amount Sky Park Subdivision 8/1/2017 PMN:2014-06 5,572.00 5,572.00 Chedc Total 5.572.00 5.572.00 ®Sl3rd un{ousq sFs�ira oosoaiiiM •