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~ THc MAIN smmrr AM£1UCA GROUP
<br />I certify that at the Annual Meeting of the Directors of the NGM Insurance Company .duly called and held at Jacksonville, Florida on March
<br />·,.__ 12th; 2020, the following officers were elected and remain in office:
<br />CHRISTOPHER R. LISTAU ................................. , .......................................... CHIEF EXECUTIVE OFFICER AND PRESIDENT
<br />JEFFREY B. KUSCH ........•....••..........•...•..•......•.............. EXECUTIVE VICE PRESIDENT, AND CHIEF OPERATING OFFICER
<br />THERESA E. BREUNIG-SILBERNAGEL .•........•.....••.•..•.....•.•....•••..•. SENIOR VICE PRESIDENT. ENTERPRISE SOLUTIONS
<br />KIMBERLY K. LAW ...................................................... , ................... VICE PRESIDENT, GENERAL COUNSEL & SECRETARY
<br />JOESEPH D. FREITAS ........................................................ VICE PRESIDENT, CHIEF FINANCIAL OFFICER & TREASURER
<br />MICHAEL 0. LANCASHIRE ............................................................................................... SENIOR VICE PRESIDENT, CLAIMS
<br />DAVIDS. MEDVIDOFSKY ................................................................... , ••.... SENIOR VICE PRESIDENT, HUMAN RESOURCES
<br />NANCY L. GIORDANO-RAMOS, ROBERT T. HETZEL, JR.,
<br />DARRYL J. OSMAN, J.ANET M. ROOT, JAMES E. VETIEL, SARAH C. BOURDEAU,
<br />PRIYESH A. PATEL, STEVEN c. KILINGERMANN, JR, CHRISTOPHER L. cox ....................................... VICE PRESIDENTS
<br />I further certify that the following statement of the Company is true as taken from the records of said Company as of December 31, 2019.
<br />ADMITTED ASSETS
<br />Bonds at Amortized Values, ........•.•.......•.... $ 79,179,842
<br />Stocks at Market Value: ...............•.•.....•.•...•. 159,926,010
<br />First Mortgage Loans ....................................... 9!832,000
<br />Real Estate .........•...•.....••....•.•.••.•••................... 3,883,439
<br />Cash in Office and Banks •.•....••••..........•...•... (18,354,291)
<br />Short Term Investments ................................ 13, 760,338
<br />Agent's Balance (Less ihan 90 Days) •...•..... 271,920,238
<br />Accrued Interest .................................................. 5e4.262
<br />Other Assets ............................................. , .. 272,692,532
<br />."-TOTAL ADMITTED ASSETS ....................... 793,404,370
<br />LIABILITIES
<br />Reserve for Losses .................................................................. o
<br />Reserve for Loss Adjustment Exp~iises ...•...•......•..... , ...........•.• o
<br />Reserve for Unearned Premiums ............................................. o
<br />Reserve for Other Underwriting Expenses ............... 43,754,439
<br />Reserve for Taxes, Licenses, and Fees •....•.......•....... 5,657,282
<br />Loss Drafts in Ti:ansit, .............................................................. o
<br />Other Liabilities ..................................................... 123,348,281
<br />Total Liab.ilities ··~···········--······································· 172,760,002
<br />Policyholders' Surplus ............................................ 620,644,368
<br />TOTAL ................................................................ $ 793,404,370
<br />Securities as deposited by law, included .above=$ 5,512,528
<br />1 further certify that the following is true and exact excerpt from Article IV, Section 2 of the By-Laws of NGM Insurance Company which is
<br />still valid and existing.
<br />The board of directors, the president, any vice president, secretary, or the treasurer shall have the power and authority to appoint attorneys-
<br />in·fact and to authorize them to execute on behalf of the company and affix the seal of the company thereto, bonds, recognizances, comracts
<br />of indemnity or writings obligatory in the nature o.f a ~and, recogn~78nce or conditio!'lal undertaking and to remove any such attorneys-in..
<br />fact at any time. and revo~e the power and authonly given to them.
<br />Subtr~ed and sworn to ~re .Die on this day of March, · l..V
<br />68-1191 (3/20)
<br />IN WITNESS THEREOF I hereunto subscribe
<br />my name and affix the setgt.said company this -\.lL day of March, LO ·
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