felanders/preprocessed huggingface dataset:
See separate Index to Financial Statements and Financial Statement Schedules on page 44. See Note 15 of Notes to Financial Statements as to condensed quarterly results of operations.
The headquarters for the Company is leased space at 181 University Avenue, Suite 1101, Toronto, Ontario, while SIG, GGS Holdings and Pafco are located at 4720 Kingsway Drive, Indianapolis, Indiana. The Indianapolis building is an 80,000 square foot multilevel structure approximately 50% of which is utilized by Pafco. The remaining space is leased to third parties at a price of approximately $10 per square foot.
Unitrin Multi Lines Insurance leases facilities with an aggregate square footage of approximately 249,000 at 7 locations in 5 states. The latest expiration date of the existing leases is in February 2008.
Reference is made to the information under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained in the registrant's 2003 Annual Report to Stockholders, which information is incorporated herein by reference.
Management's Discussion and Analysis of Financial Condition and Results of Operations Management's Discussion and Analysis of financial condition and results of operations appears on pages 9-21 in the Annual Report to the Stockholders for the year ended December 31, 1996, and is incorporated herein by reference.
Management's Discussion and Analysis of Financial Condition and Results of Operations is set forth under the same caption on pages 23 through 30 of the Company's 1998 Annual Report to Stockholders. Such information is incorporated herein by reference and should be read in conjunction with the Consolidated Financial Statements and the Notes thereto contained on pages 32 to 48 of such Annual Report. Management's Discussion and Analysis of Financial Condition and Results of Operations includes the Company's status of Year 2000 matters.
BUSINESS PROPERTIES Real estate owned and used in the regular conduct of business consists of properties located in various cities throughout the United States. The Corporation's Mount Washington Center, located in Baltimore, Maryland, is the principal owned property. This is the headquarters for the property/casualty insurance operations, and the location of the executive offices, information systems, administrative services, and training and development complexes.
The information under the heading "Selected Financial and Statistical Data" as set forth on pages 34-35 of the Company's 1998 Annual Report to Shareholders is incorporated by reference.
See separate Index to Financial Statements and Financial Statement Schedules on page 45. See Note 21 of Notes to Financial Statements as to condensed quarterly results of operations.
The Company also leases a total of approximately 250,000 square feet of office space in Irvine, California and San Rafael, California for certain Specialty Services operations. In addition to the Company's office space referenced above, the Company and its subsidiaries lease approximately 140 sites in 23 states, comprising roughly 1.85 million square feet of space.
Located on the same 23.0 acre campus is a 12,800 square foot building. Nearly 9,800 square feet of this building are used as warehouse storage for records and equipment. The remaining 3,000 square feet is leased to Maui Jim, Inc., as a part of its contact lens distribution center.
PMI currently leases its home office in San Francisco, California, which contains approximately 100,000 square feet of space. The lease expires in 2004. In December 2000, PMI entered into a contract to purchase a seven-story office building site in Walnut Creek to serve as its world headquarters. Construction is underway on the office building and completion of the approximately 195,000 square foot building is scheduled to occur in 2002. PMI also leases space for its 23 branch offices throughout the United States comprising approximately 79,750 square feet with lease terms of no more than five years. During 2000, PMI transferred its operation data center to Rancho Cordova, California, which consists of approximately 15,000 square feet of office space. PMI believes its existing properties are well utilized and are suitable and adequate for its operations.
The Company and its subsidiaries, the Exchange and its subsidiaries and EFL share a corporate home office complex in Erie, Pennsylvania. The complex contains 545,880 square feet, and is owned by the Exchange. At December 31, 1997, the Company also operated 19 field offices in eight states. Of these offices, 15 provide both agency support and claims services and are referred to as "Branch Offices", while the remaining four provide only claims services and are considered "Claims Offices".
We own our home office buildings located in Glenmont, New York, consisting of three buildings containing a total of approximately 140,000 square feet of space. We believe our property and facilities are adequate and suitable for our current and anticipated future needs.
See separate Index to Financial Statements and Financial Statement Schedules on page 42. See Note 15 of Notes to Financial Statements as to condensed quarterly results of operations.
The Company's Consolidated Financial Statements for the years ended December 31, 2000, 1999 and 1998 and the report of its independent auditors on pages 32 through 64 of the Company's 2000 Annual Report are incorporated herein by reference.
Diluted book value per common share is calculated on the number of common shares outstanding on the balance sheet date, after considering the dilutive effects of the AIG Option (where applicable) and the options granted to employees, calculated on the basis described in note (1) above. At December 31, 2002 the average weighted number of shares outstanding, including the dilutive effect of employee stock options using the treasury stock method was 48,275,123.
The historical consolidated financial data presented below as of and for each of the periods ended December 31, 2008, 2007, 2006, 2005, and 2004 were derived from our consolidated financial statements which are incorporated herein by reference to the Annual Report. The selected consolidated financial data should be read in conjunction with our consolidated financial statements and related notes thereto, and with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” also contained in the Annual Report and incorporated herein by reference.
The Company's consolidated financial statements, the report of its independent accountants and the selected quarterly financial data required by Item 302 of Regulation S-K are contained in the Index to Financial Information on page herein.
The information required by Item 8 is included in this Form 10-K beginning on page 49 of this Form 10-K.
Financial Statements and Schedules. See Item 14 on pages 41-44 of this Form 10-K.
The information required by this Item is incorporated by reference to page 4 of the Company's 1996 Annual Report to Shareholders.
The information required by this Item is incorporated by reference to pages 11 through 22 of the Company's 1996 Annual Report to Shareholders.
The data included on page 4 of the 1998 Annual Report, included as Exhibit 13, under "Selected Financial Data" is incorporated herein by reference.
The consolidated financial statements in the 1998 Annual Report, included as Exhibit 13, and listed in Item 14 of this Report are incorporated herein by reference from the 1998 Annual Report.
At December 31, 1994 the Company owned three buildings located in downtown Daytona Beach, Florida having an aggregate book value of approximately $350,000, including improvements. There are no outstanding mortgages on these buildings. These buildings generated lease revenue during 1994 of approximately $13,000. In March 1995, one of these buildings having an aggregate book value approximating $57,000 was sold for a minimal gain. The Company also owns an office condominium in Venice, Florida which has a net book value of $201,000, with no outstanding mortgage. This building is currently vacant.
Management's Discussion and Analysis of Financial Condition and Results of Operations Management's Discussion and Analysis of financial condition and results of operations appears on pages 10 - 21 in the Annual Report to the Stockholders for the year ended December 31, 1998, and is incorporated herein by reference.
The information required by this Item is included on pages 18-28 of the Registrant's Annual Report to Shareholders for the year ended December 31, 2002, under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" and is incorporated herein by reference.
CIGNA’s headquarters are located in approximately 50,000 square feet of leased office space at One Liberty Place, Philadelphia, Pennsylvania. CIGNA Group Insurance, CIGNA International, portions of CIGNA HealthCare and CIGNA’s staff support operations are located in leased premises of approximately 635,000 square feet at Two Liberty Place, Philadelphia. CIGNA HealthCare is the primary occupant of a complex of buildings owned by CIGNA, aggregating approximately 1.5 million square feet of office space, located at 900-950 Cottage Grove Road, Bloomfield, Connecticut. CIGNA Retirement & Investment Services leases approximately 336,000 square feet at 280 Trumbull Street, Hartford, Connecticut and approximately 35,000 square feet at Four Times Square, New York, New York. In addition, CIGNA owns or leases office buildings, or parts thereof, throughout the United States and in other countries. For additional information concerning leases and property, see Notes 2(H) and 19 to CIGNA’s 2003 Financial Statements included in its Annual Report. This paragraph does not include information on investment properties.
American General's corporate headquarters is located in the American General Center, a complex of office buildings on a 45-acre tract near downtown Houston. American General or its subsidiaries either own or lease pursuant to a sale-leaseback arrangement all of the buildings in the complex. In addition, American General or its subsidiaries own all of the underlying land, except for a five-acre parcel that is leased pursuant to a long-term agreement. American General and its subsidiaries occupy approximately 43% of the total office space available in the American General Center. American General's subsidiaries also own various other properties, including properties held for investment, branch office buildings, and the home office buildings of AGF in Evansville, Indiana and Franklin Life in Springfield, Illinois. Portions of certain of these buildings are rented to unaffiliated third parties. The home office building of AGLA in Nashville, Tennessee was sold to the State of Tennessee for $37.4 million, effective January 3, 1994. In June 1994, AGLA purchased a 56-acre parcel in Nashville for construction of a new home office building; construction commenced in February 1995.
(a) 1994 includes realized investment losses of $114 million ($.55 per share); 1990 includes realized investment gains of $137 million ($.57 per share). Realized investment gains for 1993, 1992, and 1991 were immaterial. (b) Includes $300 million ($1.39 per share) write-down of goodwill and $30 million ($.14 per share) tax rate related adjustment. Additional information is incorporated herein by reference from the section "1993 Significant Events" in MD&A and Note 7.3, respectively, of Notes to Financial Statements in American General's 1994 ARS. (c) Includes $986 million and $950 million decrease in assets and shareholders' equity, respectively, at December 31, 1994, and $1.0 billion and $676 million increase in assets and shareholders' equity, respectively, at December 31, 1993, due to the effect of SFAS 115, "Accounting for Certain Investments in Debt and Equity Securities." (d) Excludes special dividends of $.61 per share.
The Company maintains a mini-computer network from its corporate data center located in its headquarters building to support its data processing requirements for accounting, claims, marketing, risk management, underwriting and non-insurance operations. The Company has back-up procedures in place and has developed and successfully tested a comprehensive disaster recovery plan to be used in the event of emergency situations.
The information set forth in the tables on page 12 of the Company's 1996 Annual Report to Stockholders under the caption "Selected Financial and Statistical Data" is hereby incorporated by reference.
SELECTED FINANCIAL DATA Pages 76 through 79 of the 1998 Annual Report to Shareholders are incorporated herein by reference.
The information required by this item is included on pages 38-67 of the Registrant's Annual Report to Stockholders for the year ended December 31, 1996, under the captions "Report of Ernst & Young LLP, Independent Auditors," "Consolidated Statements of Income," "Consolidated Statements of Financial Condition," "Consolidated Statements of Stockholders' Equity," "Consolidated Statements of Cash Flows," and "Notes to Consolidated Financial Statements," and is incorporated herein by reference.
All of our properties are owned or leased by subsidiaries of The Progressive Corporation and are used for office functions (corporate, claims, and business unit), as call centers, for training, or for warehouse space.
We own 95 buildings located throughout the United States. Nearly two-thirds of these buildings are claims offices. Our owned facilities, which contain approximately 5.1 million square feet of space, are generally not segregated by industry segment. We own significant locations in Mayfield Village, Ohio and surrounding suburbs (including our corporate headquarters); Colorado Springs, Colorado; St. Petersburg, Florida; Tampa, Florida; and Tempe, Arizona.
We have pleasure in placing before you the sixty-sixth Annual Report and Accounts covering the year 1929.
The rates charged for Personal Accident business on the Continent have not yet undergone the increase which is so necessary. It has been apparent for some time past that the rates which are now charged no longer correspond to the increased risk arising out of modern traffic conditions.
Life DepL. Premium Reserve from 1928 . . Annuity Fund from 1928 Reserve for unsettled Claims from 1928 . ..... Premiums, less cancellations Consideration for Annuities Interest Interest, after deduction of interest due to Life DeptProfit on Investments relaized
Premiums for Retrocession, less cancellations Commission, less Retrocession Claims paid Frs. 183,483,570.52 less Retrocession , 89,886,617,91 Premium Reserve, less Retrocession . Reserve for unsettled Claims, less Retrocession Reserve for extraordinary Losses
Reserve for unsettled Claims . , 1,240,902. - 109,491,793 — Staff Life Insurance and Pension Fund ...... 300,000 — Dividend 4,330,200 — Directors, Management and Staff 836,470 — Carried forward 943,744 58
Selected financial data for the past five years appears on page 27 in the Annual Report to the Stockholders for the year ended December 31, 2002, and is incorporated herein by reference.
Incorporated herein by reference from section entitled "Selected Consolidated Financial and Operating Data" in the Company's 1996 Annual Report to Stockholders, which is included as Exhibit 13 to this Annual Report on Form 10-K.
Incorporated herein by reference from sections entitled "Financial Statements" and "Notes to Consolidated Financial Statements" in the Company's 1996 Annual Report to Stockholders, which is included as Exhibit 13 to this Annual Report on Form 10-K.
The Company leases administrative space in Birmingham, Alabama; Brentwood, Tennessee; Greenville, South Carolina; Cary, North Carolina; Indianapolis, Indiana; and Oklahoma City, Oklahoma. Substantially all of these offices are rented under leases that run for periods of three to five years. The aggregate monthly rent is approximately $32 thousand.
Our physical property consists of the home office building and grounds, owned in fee, at 200 Capital Avenue, Frankfort, Kentucky. Adjacent to the home office, we own additional property on Second Street and on Shelby Street in Frankfort, Kentucky. One building is used for agency and company meetings; one building is a print shop used by Investors Heritage Printing, one building is used for supplies and additional storage; one building is currently available for lease to a commercial tenant and one building is a residential apartment building. All of the properties are in good condition.
Selected financial data of the Company for each of its last five fiscal years is set forth under "Selected Financial Data" in the Company's 1997 Annual Report to Stockholders. Such information is incorporated herein by reference.
The information required by this item is set forth under "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's 1997 Annual Report to Stockholders and is incorporated herein by reference.
HMEC's home office property at 1 Horace Mann Plaza in Springfield, Illinois consists of an office building totaling approximately 230,000 square feet which is owned by the Company. HMEC also owns buildings with an aggregate of approximately 209,000 square feet at other locations in Springfield. These properties are adequate and suitable for the Company's current and anticipated future needs.
The Registrant's home office and educational facilities are owned by the Registrant and located in Atlanta, Georgia. The Registrant also owns its Canadian home office facility located in Kitchener, Ontario and an additional office location in Stockport, England. As of December 31, 2004, the Registrant leased approximately 421 office locations under leases with remaining terms ranging from a few months to ten years. The remainder of its office locations are occupied under various short-term rental arrangements.
The information required by this Item is included in the Registrant's Annual Report to Shareholders for the year ended December 31, 2004, under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" and is incorporated herein by reference.
The information under the caption “Selected Financial Data” on pages 22 and 23 of the Annual Report is incorporated herein by reference.
Management’s Discussion and Analysis of Financial Condition and Results of Operations on pages 24 through 48 of the Annual Report is incorporated herein by reference.
The Company owns the office building and property located on the corner of North Columbia and West Rosemary Streets in Chapel Hill, North Carolina, which serves as the Company's corporate headquarters. The building contains approximately 23,000 square feet. The Company's principal subsidiary, ITIC, leases office space in 31 locations throughout North Carolina, South Carolina, Michigan and Virginia.
The selected financial data for the five years ended December 31, 1998 is in the 1998 Annual Report to Shareholders under the caption "Financial Highlights" and is incorporated herein by reference. The information should be read in conjunction with the Financial Statements and Notes and the Management's Discussion and Analysis of Results of Operations and Financial Condition which are in the 1998 Annual Report to Shareholders and are incorporated herein by reference.
The financial statement schedules meeting the requirements of Regulation S-X are shown as Schedules I, II, III, IV and V included on pages 20 through 27.
The information required by this item is incorporated by reference to pages 19-27 of the Company's 1997 Annual Report to Shareholders.
The information contained in “Selected Financial Data” on page 61 of the Annual Report is incorporated herein by reference.
The Company’s principal executive office is located in Irvine, California in approximately 6,600 square feet of leased space. The lease expires in September 2007. The Company leases its branch offices in 49 states, which range in size up to approximately 16,000 square feet. The lease terms for the branch offices range from monthly to seven years. The Company believes that its facilities are adequate for its current needs and that suitable additional space will be available as required.
During 2000, the Company purchased the building in which the Crest operation has its offices for $2.0 million.
The Consolidated Financial Statements and Notes thereto and Report of Independent Auditors on pages 22 through 39 of the MMI Companies, Inc. 1996 Annual Report to Stockholders is incorporated herein by reference.
Selected Financial Data. 	 Incorporated by reference to "Six Year Financial Summary Data" on pages 	 18 and 19 of the Registrant's 2000 Annual Report to Shareholders.
Management's Discussion and Analysis of Financial Condition and Results 	 of Operations. Incorporated by reference to pages 20 through 25 of the 	 Registrant's 2000 Annual Report to Shareholders.
Financial Statements and Supplementary Data. 	 Incorporated by reference to pages 26 through 40 of the Registrant's 	 2000 Annual Report to Shareholders.
The information contained in Consolidated Financial Statements, Notes to Consolidated Financial Statements, Report of Independent Registered Public Accounting Firm and Quarterly Data (unaudited) in the Annual Report are incorporated herein by reference.
HMEC’s home office property at 1 Horace Mann Plaza in Springfield, Illinois, consists of an office building totaling 230,000 square feet, approximately 215,000 square feet of which is office space, which is owned by the Company. Also in Springfield, the Company owns and leases some smaller buildings at other locations. In addition, the Company leases office space in suburban Dallas, Texas, and Raleigh, North Carolina, for its claims operations and leases office space in a number of states related to its field marketing operations. These properties, which are utilized by all of the Company’s business segments, are adequate and suitable for the Company’s current and anticipated future needs.
Amount of Building Owned and Occupied or Leased by Continental's Size Subsidiaries (in square (in square Location feet) (1) feet) Principal Usage Operations - --------------------- ---------- --------- ------------------- ---------- 180 Maiden Lane, 1,091,570 572,514 Principal Executive Corporate/ New York, New York(2) Offices of Insurance Continental Operations/ Asset Management
1 Continental Drive, 490,993 490,993 Property, Casualty Insurance Cranbury, New Jersey Insurance Offices Operations
1111 E. Broad St., 197,537 197,537 Property, Casualty Insurance Columbus, Ohio Insurance Offices Operations
1100 Ward Avenue, 186,492 97,831 First Insurance Insurance Honolulu, Hawaii(2) Company of Hawaii, Operations Ltd. Headquarters
333 Glen Street, 158,700 158,700 Property, Casualty Insurance Glens Falls, New York Insurance Offices; Operations Residual Market Center
Consolidated Financial Statements and related Notes, and material appearing under the captions "Independent Auditors' Report", "Report on Financial Statements" and "Summarized Consolidated Quarterly Financial Data (Unaudited)" included in the Annual Report are incorporated herein by reference.
The Company and its subsidiaries own several investment properties, none of which are material.
The Company leases 73,000 square feet for regional offices throughout Virginia and 22,000 square feet for office space in Maryland, North Carolina, West Virginia, Pennsylvania and South Carolina.
Refer to pages 20 through 30, "Management's Discussion and Analysis of Financial Condition and Results of Operations," of Trigon Healthcare Inc.'s Annual Report to Shareholders, which are incorporated herein by reference.
Refer to pages 31 through 56, the Consolidated Financial Statements, page 57, "Independent Auditors' Report," and page 17, "Quarterly Financial Information," of Trigon Healthcare Inc.'s Annual Report to Shareholders, which are incorporated herein by reference.
Through various wholly owned subsidiaries, the Company also owns and occupies additional office facilities in three other locations and rents additional office space for its insurance operations in 15 other locations. The Company believes that such owned properties are suitable and adequate for its current business operations.
The information required by this Item is incorporated by reference from portions of The PMI Group, Inc. 1996 Annual Report to Shareholders as filed under Exhibit 13.1.
As set forth in the Company's Form 12b-25 filed on or about April 1, 1998, the Company's financial statements for the year ended December 31, 1997 are not yet finalized. The Company intends to file an Amendment to this Form 10-K within the 15 day time period permitted under Rule 12b-25.
Reference is made to the information under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operations” which will be contained in the registrant’s 2006 Annual Report to Stockholders (attached hereto as Exhibit 13), which information is incorporated herein by reference.
The consolidated financial statements of the registrant which will be contained in the registrant’s 2006 Annual Report to Stockholders (attached hereto as Exhibit 13) are incorporated herein by reference.
The information required by this Item is incorporated by reference from portions of The PMI Group, Inc. 1998 Annual Report to Stockholders under the heading "Management Discussion and Analysis" as part of Exhibit 13.1.
The Company’s consolidated financial statements, as listed under Item 15(a)(1), appear in a separate section of this annual report, and are incorporated herein by this reference. The financial statement schedule is included below under Item 15(a)(2). The Company’s selected quarterly financial data appears in Note 16 to the Company’s consolidated financial statements in a separate section of this annual report, and is incorporated herein by this reference.
The Company leases its present corporate and administrative offices in a building located in Greenwich, Connecticut. The Company also has operating leases for office space at regional branch locations and its international subsidiary. See Note 6 of Notes to the Consolidated Financial Statements of NAC Re for a schedule on future minimum rentals related to the Company's operating leases.
The selected financial data included in the "Eleven Year Financial Summary" on pages 30 through 31 of NAC Re's 1996 Annual Report to Shareholders is incorporated herein by reference.
-- Consolidated Statement of Stockholders' Equity for the years ended December 31, 1996, 1995 and 1994.
The Report of Independent Public Accountants and consolidated financial statements and related notes of Argonaut Group, Inc. and subsidiaries listed on the index to financial statements set forth in Item 14(a)1 of this Form 10-K Report are incorporated herein by reference to the Annual Report to Shareholders of Argonaut Group for the fiscal year ended December 31, 1994.
Corporate Headquarters St. Louis, MO 396,561 Leased Document Storage Warehouse St. Louis, MO 62,300 Leased HealthLink, Inc. Headquarters St. Louis, MO 20,550 Owned HealthLink, Inc. Administrative Office St. Louis, MO 19,500 Leased Southwest Regional Office Springfield, MO 30,000 Owned Southwest Claims Office Expansion Springfield, MO 4,750 Leased Southeast Claims Office Cape Girardeau, MO 42,000 Leased
Information as to selected financial data is incorporated herein by reference to the material under the heading "Selected Financial Data" in the Company's 2001 Annual Report to Shareholders.
See the information in "Reliance Group Holdings, Inc. and Subsidiaries Selected Financial Data" on pages 17 and 18 of the Reliance Group Holdings 1999 Annual Report, which information is incorporated herein by reference.
The Report of Independent Public Accountants and the Consolidated Financial Statements and the related Notes to Consolidated Financial Statements of Argonaut Group, Inc. and its subsidiaries listed on the index to financial statements set forth in Item 14(a) 1 of this Annual Report on Form 10-K are incorporated herein by reference to the Annual Report to Shareholders for the Year Ended December 31, 2001.
The consolidated financial statements and related notes required in response to this item are contained in the Registrant's 1997 Annual Report to Stockholders, which financial statements and notes are incorporated herein by reference.
As of December 31, 1999, the Company leased its various office facilities. The Company's principal leasing arrangements can be summarized as follows: The Company's principal executive offices occupy approximately 30,300 square feet in a single facility in downtown Boston under a lease which expires in 2002. Keyport leases approximately 96,500 square feet in two buildings in downtown Boston under leases which expire in 2008, approximately 19,800 square feet in a single facility in Lincoln, Rhode Island under a lease which expires in 2007, and 13,300 square feet in a single facility in Lake Mary, Florida under a lease which expires in 2004. LFG leases approximately 219,000 square feet in two buildings in downtown Boston under leases which expire in 2006 and approximately 31,200 square feet in Aurora, Colorado under a lease which expires in 2000. Stein Roe leases 141,300 square feet in downtown Chicago under a lease which expires in 2009. Newport leases approximately 10,400 square feet in downtown San Francisco under a lease which expires in 2004. Crabbe Huson leases approximately 17,700 square feet in downtown Portland, Oregon under a lease which expires in 2003. Progress leases approximately 9,000 square feet in downtown San Francisco under a lease which expires in 2005. Independent leases approximately 29,500 square feet in Purchase, New York under a lease which expires in 2007.
The Company's Consolidated Financial Statements which appear beginning on page 40 in the 1999 Annual Report, and the report thereon of Ernst & Young LLP as of and for the year ended December 31, 1999, which appears on page 63 in the 1999 Annual Report, are incorporated herein by reference.
DGI and Atlantic States share headquarters with the Mutual Company's headquarters in a building owned by the Mutual Company. The Mutual Company charges DGI for an appropriate portion of the building expenses under an intercompany allocation agreement which is consistent with the terms of the pooling agreement. The headquarters of the Mutual Company has approximately 172,600 square feet of office space. Southern has a facility of approximately 10,000 square feet in Glen Allen, Virginia, which it owns. Province Bank leases approximately 3,600 square feet of a building located in Marietta, Pennsylvania owned by the Mutual Company. The Mutual Company charges Province Bank annual rent based on an independent appraisal.
The response to this Item is incorporated by reference to pages 14 through 29 of the Company's Annual Report to Stockholders for the year ended December 31, 2002, which is included as Exhibit (13) to this Form 10-K Report.
The information contained in "Selected Financial Data" on Page 13 of the Company's Annual Report is incorporated herein by reference.
The information set forth on pages 13 through 17 of the Company's 1994 Annual Report is incorporated herein by reference.
The Consolidated Financial Statements of DHC and its subsidiaries, together with the Notes thereto, and "Quarterly Financial Data," included on pages 9 through 12, 13 through 24, and 26, respectively, of DHC's 1999 Annual Report to Stockholders (included as an exhibit hereto), are incorporated herein by reference.
AFLAC owns an 18-story office building, which is the worldwide headquarters of the Parent Company and AFLAC, along with a six-story parking garage. These structures are located on approximately 14 acres of land in Columbus, Georgia. In addition, AFLAC Real Estate Holdings, Inc. (AREH), a wholly owned subsidiary of the Parent Company, owns a two-story building located on the same property and an administrative office building located nearby leased to AFLAC. The Parent Company, AFLAC and AREH also own and lease office space and warehouse facilities at other locations in the United States.
The Broadcast Group owns and leases land, buildings, transmission towers and other broadcast equipment in the cities where the seven television stations are located.
The Company’s principal executive office is located in Irvine, California in approximately 12,000 square feet of leased space. The lease expires in March 2013. The Company leases approximately 92 branch offices in 45 states, which range in size from 500 square feet up to 26,000 square feet. The lease terms for the branch offices range from monthly to ten years and expire through 2019. The Company believes that its facilities are adequate for its current needs and that suitable additional space will be available as required.
The selected consolidated financial data of the Company appears in a separate section of this Annual Report on Form 10-K in front of the Management Discussion and Analysis and is incorporated herein by this reference.
The “Management’s Discussion and Analysis” section on pages 3 through 15 of Exhibit 13 representing pages 13 through 25 of the Company’s annual report to security holders for the fiscal year ended December 31, 2002, is incorporated herein by reference.
HMEC’s home office property at 1 Horace Mann Plaza in Springfield, Illinois, consisting of an office building totaling 225,000 square feet, is owned by the Company. Also in Springfield, the Company owns and leases some smaller buildings at other locations. In addition, the Company leases office space in suburban Dallas, Texas, and Raleigh, North Carolina, for its claims operations and leases some office space related to its field marketing operations. These properties, which are utilized by all of the Company’s business segments, are adequate and suitable for the Company’s current and anticipated future needs.
The Company's Consolidated Financial Statements together with the Report of Independent Public Accountants thereon appearing on pages 24 through 38 of the Company's Annual Report to Shareholders for the fiscal year ended December 31, 1996, are incorporated herein by reference.
of its office locations are occupied under various short-term rental arrangements. The Registrant also leases certain computer equipment. See Note 6 of Notes to Consolidated Financial Statements included in the Registrant's 1995 Annual Report to Shareholders filed herewith as Exhibit 13.1, which notes are incorporated herein by reference.
The information required by this Item is included on pages 13-23 and pages 26-27 of the Registrant's Annual Report to Shareholders for the year ended December 31, 1995 under the captions "Consolidated Statements of Income", "Consolidated Balance Sheets", "Consolidated Statements of Shareholders' Investment", "Consolidated Statements of Cash Flows", "Notes to Consolidated Financial Statements", and "Quarterly Financial Data", and is incorporated herein by reference.
All other facilities of the Company consist of a total of four service offices in two states that are leased by American Indemnity for terms of one to five years.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND - ------- --------------------------------------------------------------- RESULTS OF OPERATIONS. ---------------------- The "Management's Discussion and Analysis of Financial Condition and Results of Operations" section from the Company's Annual Report to Stockholders for the year ended December 31, 2000, which is included as Exhibit 13(b) to this Form 10-K, is incorporated herein by reference.
The Company is headquartered in Richmond, Virginia, where it owns a four-story building with 265,000 square feet. The Company also owns an office facility and warehouse in Roanoke, Virginia with 200,900 square feet and an office facility in Fayetteville, North Carolina with 70,800 square feet. The Company leases an additional 427,300 square feet at various other locations in Richmond, Virginia. The Company also leases space at two other facilities in Roanoke, Virginia comprising 65,000 square feet. These properties are primarily used by the health insurance segment for operations and for corporate administration.
Refer to pages 18 through 19, "Selected Consolidated Financial and Operating Data," of Trigon Healthcare Inc.'s 1999 Annual Report to Shareholders, which are incorporated herein by reference.
We do not own any real property. We lease our Tampa corporate office, Puerto Rico office and Texas office. In our Tampa office we maintain clinical operations, business development, accounting, reporting and information systems, and provider and member service functions. Provider service, account management, and certain clinical functions are also performed in our Texas & Puerto Rico offices. The following table sets forth certain information regarding our leased properties as of December 31, 2010. The lease for our Texas office is a full service lease under which we bear only those costs of operations and property taxes exceeding the base-year expenses. The Florida lease monthly base rent covers all services and property taxes. We believe our current office space is suitable and adequate to meet our existing needs and that additional facilities will be available for lease to meet our future needs.
Sunset owns and wholly occupies a two story office business at 3200 Capitol Boulevard in Olympia, Washington. The building is situated on four acres of land.
As of December 31, 1996, the Company leased its various office facilities. The Company's principal leasing arrangements can be summarized as follows: The Company's principal executive offices occupy
Management's Discussion and Analysis of Results of Operations and Financial Condition, which appears beginning on page 24 in the 1996 Annual Report, is incorporated herein by reference.
The Company's Consolidated Financial Statements which appear beginning on page 34 in the 1996 Annual Report, and the report thereon of Ernst & Young, LLP as of and for the year ended December 31, 1996, which appears on page 55 in the 1996 Annual Report, are incorporated herein by reference.
In addition, the Company owns buildings in Louisville, Kentucky, San Antonio, Texas and Green Bay, Wisconsin, and leases facilities in Jacksonville, Florida and Madison, Wisconsin, all of which are used for customer service and claims processing. The Louisville and Green Bay facilities also perform enrollment processing and other corporate functions.
by the Mutual Company. The Mutual Company charges Province Bank an annual rent based on an independent appraisal.
The response to this Item is incorporated by reference to pages 13 through 28 of the Company's Annual Report to Stockholders for the year ended December 31, 2000, which is included as Exhibit (13) to this Form 10-K Report.
As of the date hereof, Markel Holdings has no properties or operations.
The MIC business and AFS maintain their principal executive offices at 300 Nyala Farms Road, Westport, Connecticut 06880. This office space consists of approximately 21,000 square feet under a lease agreement which expires on March 31, 2005. The lease contains one option to renew for an additional period of five years.
The 1996 Consolidated Financial Statements, together with the Notes thereto and the Independent Auditors' Report thereon, are set forth on pages 29 through 49 of the Company's 1996 Annual Report to Stockholders. Such information is incorporated herein by reference.
The Company is headquartered in Richmond, Virginia, where it owns a four-story building with 265,000 square feet. The Company also owns an office facility and warehouse in Roanoke, Virginia with 201,000 square feet and an office facility in Fayetteville, North Carolina with 71,000 square feet. The Company leases an additional 428,000 square feet at various other locations in Richmond, Virginia. The Company also leases space at two other facilities in Roanoke, Virginia comprising 52,000 square feet.
Refer to pages 31 through 55, the Consolidated Financial Statements, page 56, "Independent Auditors' Report", and page 21, "Quarterly Financial Data", of Trigon Healthcare Inc.'s Annual Report to Shareholders, which are incorporated herein by reference.
Approximately 35,518 square feet occupying a portion of the 1st, 2nd, 9th and 10th floors and all of the 11th, 12th, 13th and 14th floors. The term of the lease is from June 1, 1996 through May 31, 1999.
Capitol Transamerica Corporation (the "Company") is an insurance holding company operating in 36 states which writes, through its subsidiaries, both property- casualty and fidelity-surety insurance. The property-casualty segment accounts for approximately 70% of the business written while the fidelity-surety segement accounts for approximately 30% of the Company's business.
The Company follows the customary practice of reinsuring with other companies, e.g., ceding a portion of its exposure on the policies it has written. This pro- gram of reinsurance permits the Company greater diversification of business and the ability to write larger policies while limiting the extent of its maximum net loss. It provides protection for the Company against unusually serious occurrences in which a number of claims could produce a large aggregate loss. Management continually monitors the Company's reinsurance program to obtain pro- tection that should be adequate to ensure the availability of funds for losses while maintaining future growth.
During 1996 and 1997 the Company incurred approximately $1.8 million of ex- penses in updating its mangement information system to alleviate potential year 2000 problems. This process is substantially completed, with only testing and peripheral adjustments remaining. The additional expense for the testing and adjustments is expected to be approximately $600,000. As a re- sult of these efforts, the Company is confident that the year 2000 will not cause a significant disruption to its business.
(4) Consolidated statements of income - for each of the three years in the period ended December 31, 1997.
(5) Consolidated statements of shareholders' investment - for each of the three years in the period ended December 31, 1997.
The 1997 Consolidated Financial Statements and the report of the registrant's independent auditors and the unaudited information set forth under the caption "Quarterly Data" are incorporated herein by reference to the Annual Report.
Celite's largest mine is located on owned property immediately adjacent to the City of Lompoc, California, and is the site of one of the most unusual marine diatomite deposits in the world. The mine celebrated its 100th anniversary of production in 1993 and has been in continuous operation for more than 60 years. Reserves are believed to be sufficient for the operation of the plant for at least 20 more years at the current rate of utilization. The Lompoc production facility has a rated capacity in excess of 200,000 tons annually and currently supplies more than 25 different grades of products to the filtration and filler markets. The facility also houses World Minerals' research and development, and health, safety and environmental departments and Celite's quality control laboratories.
The headquarters for the Company is located at 2 Eva Road, Suite 200, Etobicoke, Ontario, Canada in leased space.
The Company's U.S. offices, SIG's headquarters and Pafco are located at 4720 Kingsway Drive, Indianapolis, Indiana in a building that is owned 100% by Pafco with no encumbrances. The building is an 80,000 square foot multilevel structure, approximately 50% of which is utilized by the Company, SIG and Pafco. The remaining space is leased to third parties at a price of approximately $10 per square foot. All corporate administration, accounting and management functions are located at this property.
Superior's operations are conducted at leased facilities in Atlanta, Georgia; Orange, California; Glendale, California; Alexandria, Virginia; Bala Cynwyd, Pennsylvania; Tampa, Jacksonville and Palm Beach Gardens, Florida; and Lakewood, Colorado. Under a lease term that extends through February 2003, Superior leases an office at 280 Interstate North Circle, N.W., Suite 500, Atlanta, Georgia. Under a lease term that extends through August 2003, Superior occupies a leased office located at 1400 South Marietta Parkway; Suite 105, Marietta, Georgia. Under a lease term that extends through December 2007, Superior leases an office located at 5483 West Waters Avenue, Suite 1200, Tampa, Florida. Under a lease term that extends through June 2002, Superior occupies a leased office located at 1745 West Orangewood, Orange, California. Under a lease term that extends through November 2005, Superior leases an office located at 700 North Central Avenue, Glendale, California. Under a lease term that extends through October 2003, Superior occupies a leased office located at 6303 Little River Turnpike, Suite 220, Alexandria, Virginia. Under a lease term that extends through April 2003, Superior leases an office located at 150 Monument Road, Bala Cynwyd, Pennsylvania. Under a lease term that extends through September 2002, Superior occupies a leased office at 4500 PGA Blvd., Suite 304A, Palm Beach Gardens, Florida. Under a lease term that extends through March 2005, Superior leases an office located at 141 Union Blvd., Suite 130, Lakewood, Colorado.
The data included on page 5 of the 2001 Annual Report, included as Exhibit 13, under "Selected Financial Data" is incorporated herein by reference.
The discussion entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations" included in the 2001 Annual Report on pages 6 through 16 included as Exhibit 13 is incorporated herein by reference.
The information required by this Item is set forth in the Company's Annual Report to Stockholders on pages 29 through 56, and is incorporated herein by reference and made a part hereof.
American General's subsidiaries also own various other properties, including properties held for investment, branch office buildings, and the home office buildings of: (1) American General Finance, Inc. in Evansville, Indiana; (2) American General Life and Accident Insurance Company in Nashville, Tennessee; (3) The Franklin Life Insurance Company in Springfield, Illinois; and (4) The Old Line Life Insurance Company of America in Milwaukee, Wisconsin.
Refer to the Selected Financial Data on pages 54 through 55 of the Annual Report to Shareholders for the year ended December 31, 2000 attached in Exhibit 13.
Refer to the consolidated financial statements and supplementary data included on pages 28 through 50 of the Annual Report to Shareholders for the year ended December 31, 2000 attached in Exhibit 13. (See Index to Financial Statements and Schedules attached on page 23.)
All of our properties are owned or leased by subsidiaries of The Progressive Corporation, including ARX and its subsidiaries, and are used for office functions (corporate, claims, and business unit), as call centers, for training, for warehouse space, or as Service Centers.
We lease approximately 2.1 million square feet of space throughout the United States. These leases are generally short-term to medium-term leases of commercial space.
See Note 15 - Redeemable Noncontrolling Interest in the Annual Report, for a discussion of the acquisition of a controlling interest in ARX on April 1, 2015.
Selected financial data for the five years ended September 30, 1996 is incorporated by reference to pages 16 and 17 of the 1996 Annual Report to Shareholders filed with this Form 10-K.
This item is incorporated by reference to pages 18 and 27 of the 1996 Annual Report to Shareholders.
Item 6 is not required pursuant to reduced disclosure requirements applicable to this Form 10-K.
See pages 16 and 17 of the Annual Report to Shareholders for the fiscal year ended December 31, 1995.
Selected Financial Data on pages 18 and 19 of the Annual Report for the year ended December 31, 1993, is incorporated by reference.
Consolidated Results and Analysis on pages 18 and 19, Results by Business Segment on pages 20 through 31, Business Segment Data on pages 22 and 23, Supplemental Earnings Data on page 35 and Liquidity and Capital Resources and Inflation on pages 31 and 32 of the Annual Report for the year ended December 31, 1993, are incorporated by reference.