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'I'l AUN S1
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<br />I certify that at the Annual Meeting Of the Directors of the NGM Insurance Company duly called and held at Jacksonville. Florida on
<br />March 8, 2018, the following officers were elected and rernain in office,�
<br />THOMAS M. VAN BERKILL ................ __ ... ........ ......... ....... CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER
<br />EDWARD J. KUHL� ................................ EXECUTIVE VICE PRESIDENT, 0111EF FINANCIAL, OFFICER & TREASURER
<br />JEFFREY B. KUSCH .... .................. ....... ... EXECUTIVE VICE PRESIDENT, INSURANCE OPERATIONS
<br />BROCE R FOX� ... .................................... ................... ............ VICE PRESIDENT, GENERAL COUNSEL & SECRETARY
<br />MICHAEL D, LANCASHIRE ............. ......... ............. ___ ........... ....................................... SENIOR VICE PRESIDENT, CLAIMS
<br />THOMAS T. FRAZIER .......................... — ...... — .............. _SFNIOR VICE PRESIDENT & CHIEF INVESTMENT OFFICER
<br />DANIELJ. GAYNOR_ ..................... ___ ...................... __ SENIOR VICE PRESIDENT & CHIEF IUNDERVVRITING OFFICER
<br />AMY J. FREDERICK ............. ......... ......... ....... ... _ __ ........ __ VICE PRESIDENT & CHIEF INFORMATION OFFICER
<br />DEAN P. DORMAN,_ ............ ............... .............. ... — ................................................... VICE PRESIDENT & CHIEF ACTUARY
<br />NANCY L. GIORDANO-RAMOS, ROBERTT. HETZEL, JR., DAVID,9. MEDVIDOFSKY
<br />DARRYL J. OSMAN, JANET M, ROOT, JOHN A, THOMPSON,JR . ............................ ................. ; ............ VICE PRESIDENTS
<br />I fUt1hor certify that the following statement of the Company is true as taken from the records ofsaid Company as of December 31, 2017L
<br />ADMITTED ASSETS
<br />Bonds at Arriortized Values ... __ ...........
<br />$1,566,509,617
<br />Stocks at Market Value ........ ........... . ...... .... 476,352,563
<br />First Mortgage Loana.. ........................ .....
<br />—.14,698,240
<br />Real Estate ..... ..................... - ....... . .......
<br />........ 3,940,170
<br />Cash in Office and Banks ............ ....... ___
<br />.... (9,267,193)
<br />Short Term Investments ........ ___ ...............
<br />_.. 3,993,702
<br />Agent's Balance (Less Ihari 90 Days),_ ......
<br />273,013,708
<br />Acaued Interest ........ _ ........ _ ..... ....... ..........
<br />12,672,263
<br />Other Assets ............... — .......... ...................
<br />251,464,412
<br />TOTAL ADMITTED ASSETS .............. .....
<br />2,593,177,482
<br />LIABILITIES
<br />Reserve for Losses . ........ ... — .................... — ......... 763,916,911
<br />Reserve for Loss Adjustment Expenses- ........... 1— 129,681,673
<br />Reserve for Unearned Premiums ... ....................... 560,444,020
<br />Reserve for Other Underwriting Expenses .... .......... 48,560,969
<br />Reserve for Taxes, Licenses, arid Fees ............. ___6,452,998
<br />Loss Drafts In Transit ......... ....... ......... ............... ....... ........ — 0
<br />Other Liabilities .......................... ............ ...... _- 58,723,519
<br />Total Liabilities ............. .................. ..... 1,567,779,090
<br />Policyholders' SUI'pl LIS ................... ........... 1,025,398,392
<br />TOTAL...... ...... ....................... .......................... $2,593,177�482
<br />Securiti", as deposited by law, included above = $ 8,135,836
<br />I further certify thal the following is true and exact excerpt frorn Article IV, Section 2 of the By -Laws of NGM Insurance Company which is
<br />still valid arid existing.
<br />-1 he board of directors, the president, any vice president, secretafy, or the treaWrer shall have the powei, and aUthOrity to appoint
<br />attol'neYS-in-faCt WWI to LlUthorize thern to M-CLIte 011 behalf Of file 00111pany and affix the. seal of the company therelo, bonds,
<br />recognizances,, contracts of indemnity or writings obligatory in the nature Of a bond, recognizance or conditional undertaking and to
<br />rornove arly SUch attorneys-in,fact at any firne and revoke tho power and authority given to them."
<br />Sub,w,rihed and sworn to before, rne on IN WITNESS TH
<br />this 12(h day of March, 2018 my name and aff
<br />... . ...... . Bri
<br />Vice President, G
<br />Tasha Am PMW
<br />NOTARY PUBLIC
<br />STATE OF FLORIDA
<br />comra!FF015117
<br />I �. Awl" Expires 10/312019
<br />F I hereunto subscribe
<br />seat of said company
<br />,2018
<br />0
<br />& Secretary
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