felanders/preprocessed huggingface dataset:
Incorporated by reference, Annual Report to Shareholders for the year ended December 31, 1994, page 19.
Incorporated by reference, Annual Report to Shareholders for the year ended December 31, 1994, pages 25-26.
Incorporated by reference, Annual Report to Shareholders for the year ended December 31, 1994, pages 27-35.
The five-year financial information under the caption "Highlights" on page one of CIGNA's Annual Report is incorporated by reference.
The information on pages 10 through 22 of CIGNA's Annual Report is incorporated by reference.
CIGNA's Consolidated Financial Statements on pages 23 through 47 and the report of its independent accountants on page 48 of CIGNA's Annual Report are incorporated by reference, as is the unaudited information set forth under the caption "Quarterly Financial Data--Consolidated Results" on page 49.
A description of the major plants and properties owned and operated by Celite and Harborlite is set forth below. All of the following properties are owned, with the exception of the following sites, which are leased: Plant # 1 at Quincy, Washington; the plant site at Fernley, Nevada; the headquarters of World Minerals at Santa Barbara; headquarters of Celite and Harborlite at Lompoc, California; the offices at Nanterre, France; Beijing, PRC; Santiago, Chile; Sao Paulo, Brazil; and Izmir, Turkey; and the plant at Wissembourg, France.
The information required by this Item 7 is incorporated by reference from pages 3 through 4, 6 through 10, 12 through 26 and 30 through 32 of Alleghany's Annual Report to Stockholders for the year 2003, filed as Exhibit 13 hereto.
The information required by this Item 8 is incorporated by reference from pages 34 through 52 of Alleghany's Annual Report to Stockholders for the year 2003, filed as Exhibit 13 hereto.
Selected Financial Data for the Company is contained on page 27 of The Liberty Corporation Annual Report to Shareholders and is filed as Exhibit 13 on page 29 of this report and is incorporated in this Item 6 by reference.
The Company's Consolidated Financial Statements and Report of Independent Auditors are contained on pages 6-26 of The Liberty Corporation Annual Report to Shareholders and is filed as Exhibit 13 on pages 40-61 of this report and are incorporated in this Item 8 by reference.
Pursuant to an administrative services agreement with American International Company, Limited ("AICL"), a wholly-owned subsidiary of AIG, the Company and IPCRe are allocated office space in AICL's building in Bermuda and the Company's principal executive offices are located there. The address of the
principal executive offices is American International Building, 29 Richmond Road, Pembroke HM 08, Bermuda and our telephone number is (441) 298-5100.
(3) Dividend per common share is based on the number of average outstanding common shares during the years ended December 31, 1999, 1998, 1997 and 1996, respectively.
The information required by this Item is included on page 39 of the Registrant's Annual Report to Shareholders for the year ended December 31, 2001, under the caption "Selected Financial Data" and is incorporated herein by reference.
The information required by this Item is included on pages 18-22 of the Registrant's Annual Report to Shareholders for the year ended December 31, 2001, under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" and is incorporated herein by reference.
The information required by this Item is included on pages 23-40 of the Registrant's Annual Report to Shareholders for the year ended December 31, 2001, 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 (Unaudited), Dividend Information and Common Stock Quotations", and is incorporated herein by reference.
Refer to pages 20 through 41 of Trigon Healthcare Inc.'s Annual Report to Shareholders, which are incorporated herein by reference.
Net realized investment and other gains (losses) have been reduced by: (1) amortization of deferred policy acquisition costs to the extent that such amortization results from net realized gains and losses, (2) the portion of net realized investments and other gains and losses credited to participating pension contractholder accounts, and (3) amounts credited to the policyholder dividend obligation. We believe presenting net realized investment and other gains and losses in this format provides information useful in evaluating our operating performance. This presentation may not be comparable to presentations made by other insurers. For a presentation of net realized investment and other gains and related amounts see Management’s Discussion and Analysis of Financial Condition and Results of Segment Operations included elsewhere in this Form 10-K.
The information under the heading “Selected Financial and Statistical Data” as set forth on pages 22-23 of the Company’s 2002 Annual Report to Shareholders is incorporated by reference.
36-64 of the Company’s 2002 Annual Report to Shareholders and are incorporated by reference.
Our home office complex is located in Northbrook, Illinois. The complex consists of three buildings totaling approximately two million square feet of office space on a 185-acre site. The Northbrook complex serves as the headquarters for both the personal property and casualty segment and the life and savings segment.
The consolidated financial statements of the Parent, including the notes to such statements, beginning on page A-33 of the Proxy Statement and the information under "Quarterly Results" on page A-72 of the Proxy Statement are incorporated herein by reference.
The Company owns real property for investment purposes as provided in Schedule I “Summary of Investments Other Than Investments in Related Parties.” This investment property, located in Allentown, Pennsylvania, is leased to EIC and a nonaffiliated business. Rental income for 2003 was $392,340. The executive and administrative offices of the Company are located in the headquarters office of Erie Insurance Group in Erie, Pennsylvania. The Company pays other members of the Erie Insurance Group an amount determined by an agreement for office space and for the use of facilities, equipment and services.
The 2003 Financial Statements and the Company’s Independent Auditors’ Report set forth in the “Report of Management” section of the Company’s 2003 Annual Report are incorporated herein by reference, as is the unaudited information set forth in the Notes to the Financial Statements under the caption “Quarterly Results of Operations (Unaudited).”
Nobel owns a 39,000 square foot building at 8001 LBJ Freeway, Dallas, Texas. Approximately 10,000 square feet of this building is leased to unrelated tenants. Additionally, Nobel owns a 24,000 square foot building at 6923 North Trenholm Road, Columbia, South Carolina. Since Nobel has sold or reinsured a substantial portion of its operating businesses, it is considering the sale of these properties.
Selected financial data for the past five years appears on page 19 in the Annual Report to the Stockholders for the year ended December 31, 2005, and is incorporated herein by reference.
Management's Discussion and Analysis of financial condition and results of operations appears on pages 6-19 in the Annual Report to the Stockholders for the year ended December 31, 2005, and is incorporated herein by reference.
Selected Financial Data for the Company is contained on page 43 of The Liberty Corporation Annual Report to Shareholders and is filed as Exhibit 13 on page 94 of this report and is incorporated in this Item 6 by reference.
Management's Discussion and Analysis of Financial Condition and Results of Operations is contained on pages 9-13, 16-18 and 21 of The Liberty Corporation Annual Report to Shareholders and is filed as Exhibit 13 on pages 95 - 102 of this report and is incorporated in this Item 7 by reference.
The Company's Consolidated Financial Statements and Report of Independent Auditors are contained on pages 8, 14, 15, 20, 22-41 and 43 of The Liberty Corporation Annual Report to Shareholders and is filed as Exhibit 13 on pages 103 - 126 of this report and are incorporated in this Item 8 by reference.
A description of the major plants and properties owned and operated by Celite and Harborlite is set forth below. All of the following properties are owned, with the exception of the following sites, which are leased: Plant # 1 at Quincy, Washington; the plant site at Fernley, Nevada; the headquarters of World Minerals at Santa Barbara; headquarters of Celite and Harborlite at Lompoc, California; the offices at Nanterre, France; Beijing, PRC; Santiago, Chile; and Izmir, Turkey; and the plant at Wissembourg, France.
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. The Lompoc production facility has a rated capacity in excess of 200,000 tons annually and currently supplies more than 25 different grades of diatomite 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.
World Minerals, Celite and Harborlite also lease warehouses, office space and other facilities in the United States and abroad. Celite's joint ventures in the PRC have rights to mine diatomaceous earth in sections of Jilin Province, PRC.
The information set forth in the tables under the caption "Five-Year Summary of Financial Information" in Exhibit 13 to this Annual Report on Form 10-K is hereby incorporated by reference in answer to this Item.
Management's Discussion and Analysis of Financial Condition and - ------ --------------------------------------------------------------- Results of Operations. ---------------------
CIGNA's headquarters, along with CIGNA Group Insurance, CIGNA International, portions of CIGNA HealthCare and CIGNA's staff support operations, are located in approximately 450,000 square feet of leased office space 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. In addition, CIGNA owns or leases office buildings, or parts thereof, throughout the United States and in other countries. CIGNA believes its properties are adequate and suitable for its business as presently conducted. For additional information concerning leases and property, see Notes 2H and 18 to CIGNA's Financial Statements included in its 2006 Annual Report. This paragraph does not include information on investment properties.
CIGNA’s Consolidated Financial Statements and the report of its independent registered public accounting firm in CIGNA’s 2006 Annual Report are incorporated by reference, as is the unaudited information set forth under the caption “Quarterly Financial Data--Consolidated Results.”
NAICC's headquarters are located in a leased office facility in Rancho Dominguez, California, pursuant to a long term lease which is scheduled to expire in 1999. In addition, NAICC has entered into short
"Selected Consolidated Financial Data" on page 2 of DHC's 1998 Annual Report to Stockholders (included as an exhibit hereto) is incorporated herein by reference.
Except as mentioned below, the Company leases its Agencies' offices. Information on the Company's lease commitments is incorporated herein by reference to "Note G--Leases" of the Notes to Consolidated Financial Statements in the Company's 1999 Annual Report to Shareholders.
Information as to selected financial data is incorporated herein by reference to the material under the heading "Selected Financial Data" in the Company's 1999 Annual Report to Shareholders.
The Consolidated Financial Statements, Notes to Consolidated Financial Statements, Independent Auditors’ Report and unaudited Quarterly Data are incorporated herein by reference to the Annual Report.
Capital Re Corporation, Capital Reinsurance and Capital Mortgage maintain offices at 1325 Avenue of the Americas, New York, New York 10019. The office comprises the entire 18th floor of the building, approximately 23,000 square feet of space. The companies began occupying these offices in April 1993. Prior to that, Capital Re and Capital Reinsurance maintained offices at 787 Seventh Avenue, New York, New York. The offices at 787 Seventh were sublet to a third party upon the move to 1325 Avenue of the Americas.
The information set forth on pages 22 through 30 of the Company's 1996 Annual Report to Stockholders is incorporated herein by reference.
The Company has entered into long term operating leases with respect to three office buildings in a suburban office park in Richmond, Virginia. The Company leases approximately 216,000 square feet in these buildings of which approximately 156,000 square feet is used by the Company and its subsidiaries. See Note 5 to the Consolidated Financial Statements on page 29 of the 1995 Annual Report to Shareholders for additional information regarding these leases. This information is incorporated by reference into this report on Form 10-K.
AUM also leases and occupies approximately 19,000 square feet in an office building in Pewaukee, Wisconsin.
For the information required by this item, see the information in Exhibit 13.1 -- Annual Report to Shareholders, under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 41 through 52 thereof, which information is incorporated herein by reference.
For the supplementary financial information on quarterly results of operations required by item 302 of Regulation S-K, see the information under the caption "Quarterly Information" set forth in Exhibit 13.1 -- Annual Report to Shareholders on page 40 thereof, which information is incorporated herein by reference.
The information set forth under the caption "Five Year Comparative Summary of Selected Financial Data" on page 13 of the Annual Report is incorporated herein by reference.
The information set forth under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 14 through 19, inclusive, of the Annual Report is incorporated herein by reference.
The information set forth under the captions "Consolidated Balance Sheets", "Consolidated Statements of Income", "Consolidated Statements of Cash Flows", "Consolidated Statements of Stockholders' Equity", "Notes to Consolidated Financial Statements" and "Independent Auditors' Report" on pages 20 through 35, inclusive, of the Annual Report, and under the caption "Selected Quarterly Financial Data" on page 13 of the Annual Report, is incorporated herein by reference.
Central costs and other activities - - - - (18) 1 (17) (2) (19)
Zenith Insurance owns a 130,000 square foot office facility in Woodland Hills, California which is the corporate home office of Zenith National and its subsidiaries. Zenith Insurance also owns a 120,000 square foot branch office facility in Sarasota, Florida. In the regular conduct of business, Zenith Insurance leases offices in various cities. See Notes to Consolidated Financial Statements - Note 11 - "Commitments and Contingencies - Leases" in Zenith's 2005 Annual Report to Stockholders, which is hereby incorporated by reference. Zenith considers its owned and leased facilities to be adequate for the needs of the organization.
"5-Year Summary of Selected Financial Information" in Zenith's 2005 Annual Report to Stockholders is hereby incorporated by reference.
"Management's Discussion and Analysis of Consolidated Financial Condition and Results of Operations" in Zenith's 2005 Annual Report to Stockholders is hereby incorporated by reference.
SAFECO Properties, Inc. sold its hospital operating and management company (SAFECARE Health Services, Inc.) in May of 1992. See page 27 of the 1993 Annual Report to Stockholders for more information.
Talbot Agency, Inc., acquired by the Corporation in 1993, is a full service insurance agency located in Albuquerque, New Mexico and is the sole distributor of SAFECO life deferred annuity products to customers of financial institutions.
SAFECO's property and casualty group leases from General America Corporation (wholly-owned subsidiary of SAFECO Corporation), its home office building complex located in Seattle, Washington. This complex totals 574,000 gross square feet. A small portion of this is rented to non-SAFECO professional tenants. A 700-car parking garage is connected to the complex.
Winmar Company, Inc. is engaged in the investment in and management of a wide variety of real estate projects, primarily regional shopping centers, located throughout the United States. Some of the projects are owned by subsidiaries of Winmar and in conjunction with other investors, and others are leased under long-term leases.
Pages 56 through 59 of the 1993 Annual Report to Stockholders are hereby incorporated by reference.
Pages 21 through 29 of the 1993 Annual Report to Stockholders are hereby incorporated by reference.
Corporate 4 is a 12,800 square foot building. We use nearly 9,000 square feet as warehouse storage for furniture and equipment. The remaining 3,000 square feet is office space.
Refer to the Selected Financial Data on pages 68 through 69 of the Annual Report to Shareholders for the year ended December 31, 2003 attached as Exhibit 13.
The Company's principal executive office is located in Irvine, California in approximately 3,500 square feet of leased space. The lease expires in August 2002. The Company leases its branch offices, which range in size up to approximately 11,000 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.
Management's Discussion and Analysis of Financial Condition and Results of Operations appears in a separate section of this Annual Report on Form 10-K beginning on page 22.
The Company's consolidated financial statements and schedule, as listed under Item 14, appear in a separate section of this Annual Report on Form 10-K beginning on page 26 and 42, respectively.
The Company leases all of its office space, which as of February 14, 1997, totalled approximately 9,900 square feet. The home office in Columbus, Ohio aggregates approximately 7,000 square feet. The lease provides for a monthly gross rental of $7,817. The leased space is shared with Westford Group, Inc., an affiliate of the Company through a common officer and principal shareholder. Rental expense is allocated in accordance with space utilization. BCIS Services' office in Los Angeles, California occupies approximately 2,900 square feet. The lease provides for a monthly gross rental of $3,324.
St. Paul International Insurance Company Ltd. owns a building in London, England, which houses a portion of its operations. We retained ownership of another building in London subsequent to the sale of Minet to Aon in 1997, which we were leasing to an outside party at Dec. 31, 2000. In a transaction completed in March 2001, we sold a 50% interest in this building.
Fire and Marine and its subsidiary, St. Paul Properties, Inc., own a portfolio of income-producing properties in various locations across the United States that they have purchased for investment.
The "Six-Year Summary of Selected Financial Data" on page 45 of our 2000 Annual Report to Shareholders is incorporated herein by reference.
Management's Discussion and Analysis of Financial - ------ Condition and Results of Operations. -----------------------------------
The "Independent Auditors' Report," "Management's Responsibility for Financial Statements," Consolidated Balance Sheets, Consolidated Statements of Income, Comprehensive Income, Shareholders' Equity and Cash Flows, and Notes to Consolidated Financial Statements on pages 46 through 76 of our 2000 Annual Report to Shareholders are incorporated herein by reference.
We incorporate the response to this Item by reference to page 6 of our 2009 Annual Report.
We incorporate the response to this Item by reference to pages 17 through 35 of our 2009 Annual Report.
Net income per common share is calculated upon the weighted average number of common shares outstanding during the relevant year. The weighted average number of shares includes common shares and the dilutive effect of employee stock options and stock grants, using the treasury stock method. The net loss per common share for the years ended December 31, 2001 and 2005, respectively, are calculated on the weighted average number of shares outstanding during the year, excluding the anti-dilutive effect of employee stock options, stock grants and convertible preferred shares.
Management's Discussion and Analysis of Financial Condition and Results of Operations ("Management Narrative")............................ 7-1
As of December 31, 2008, the Registrant owned a building in Tucker, Georgia where part of its information technology facility is located and certain operations of the Registrant’s U.S. Property & Casualty segment are conducted. It also owned an office in Kitchener, Ontario and an additional office location in Stockport, England, both of which are utilized by the Registrant’s International Operations segment. As of December 31, 2008, the Registrant leased approximately 526 other office locations under various leases with remaining terms of up to multiple years. The remainder of its office locations are occupied under various short-term rental arrangements. The Registrant generally believes that its office locations are sufficient for its operations and that, in the event it was required to obtain different or additional office locations, such locations would be available at times, and on commercially reasonable terms, as would be necessary for the conduct of its business. No assurances can be given, however, that the Registrant would be able to obtain such office locations as and when needed, or on terms it considered to be reasonable, if at all.
The information required by this Item is included in the Registrant’s Annual Report to Shareholders for the year ended December 31, 2008 under the captions “Consolidated Statements of Income”, “Consolidated Balance Sheets”, “Consolidated Statements of Shareholders’ Investment and Comprehensive Income (Loss)”, “Consolidated Statements of Cash Flows”, “Notes to Consolidated Financial Statements”, “Quarterly Financial Data (unaudited), Dividend Information and Common Stock Quotations”, and “Report of Independent Registered Public Accounting Firm”, and is incorporated herein by reference.
The Company's executive offices are located at 220 South Ridgewood Avenue, Daytona Beach, Florida 32115 and 401 East Jackson Street, Suite 1700, Tampa, Florida 33602. The Company also maintains offices in the following cities: Phoenix, Arizona; San Francisco, California; Colorado Springs, Colorado; Glastonbury, Connecticut; Brooksville, Florida; Ft. Lauderdale, Florida; Ft. Myers, Florida; Jacksonville, Florida; Kissimmee, Florida; Leesburg, Florida; Melbourne, Florida; Miami Lakes, Florida; Naples, Florida; Orlando, Florida; St. Petersburg, Florida; Sarasota, Florida; West Palm Beach, Florida; Winter Haven, Florida; Atlanta, Georgia; Charlotte, North Carolina; Clark, New Jersey; Somerset, New Jersey; Philadelphia, Pennsylvania; and Houston, Texas.
The Company occupies office premises under noncancellable operating leases expiring at various dates. These leases generally contain renewal options and escalation clauses based on increases in the lessors' operating expenses and other charges. The Company expects that most leases will be renewed or replaced upon expiration. See Note 8 of the "Notes to Consolidated Financial Statements" in the 1995 Annual Report to Shareholders for additional information on the Company's lease commitments.
At December 31, 1995 the Company owned one building located in downtown Daytona Beach, Florida having an aggregate book value of approximately $128,000, including improvements. There are no outstanding mortgages on this building. This building generated lease revenue during 1995 of approximately $16,600. During 1995, two other buildings having an aggregate book value approximating $186,000 were sold for a
minimal gain. The Company also owns an office condominium in Venice, Florida which has a net book value of $195,000, with no outstanding mortgage.
The Consolidated Financial Statements of Poe & Brown, Inc. and its subsidiaries, together with the reports thereon of Arthur Andersen LLP and Ernst & Young LLP, appearing on pages 23-41 of the Company's 1995 Annual Report to Shareholders, are incorporated herein by reference.
CIGNA's headquarters are located in approximately 90,240 total square feet of leased office space at One Liberty Place, Philadelphia, Pennsylvania. CIGNA Property & Casualty, CIGNA Group Insurance: Life, Accident, Disability, and CIGNA International are located in a leased building of approximately 1.25 million total square feet at Two Liberty Place, Philadelphia. CIGNA HealthCare, CIGNA Individual Insurance, CIGNA Reinsurance: Life, Accident, Health and CIGNA Investment Management are located in a complex of buildings owned by CIGNA, aggregating approximately 1.15 million total square feet of office space, located at 900-950 Cottage Grove Road, Bloomfield, Connecticut. CIGNA's Retirement & Investment Services operations are located in approximately 230,000 total square feet of leased office space at Metro Center One, Hartford, Connecticut. 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 1(H) and 14 to CIGNA's 1994 Consolidated Financial Statements on pages 28 and 41, respectively, of CIGNA's 1994 Annual Report. This paragraph does not include information on investment properties.
CIGNA's Consolidated Financial Statements on pages 24 through 45 and the report of its independent accountants on page 46 of CIGNA's 1994 Annual Report are incorporated by reference, as is the unaudited information set forth under the caption "Quarterly Financial Data--Consolidated Results" on page 47.
Except as mentioned below, the Company leases its Agencies' offices. For information with respect to the Company's lease commitments see "Note H--Leases" of the Notes to Consolidated Financial Statements in the Company's 1995 Annual Report to Shareholders which is incorporated herein by reference.
Information as to management's analysis of financial condition and results of operations is incorporated herein by reference to the material under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's 1995 Annual Report to Shareholders.
The Company leases its Headquarters’ office in Glen Allen, Virginia. The Company’s subsidiaries also conduct their business operations from leased office space in various states where located. Information on the Company’s lease commitments is incorporated by reference to the material contained in “Note G-Leases” of Notes to Consolidated Financial Statements included in the portions of the Company’s Annual Report to Shareholders set forth as Exhibit 13 hereto. The Company believes that its properties are in good condition and are suitable and adequate for its purposes.
Information as to selected financial data is incorporated by reference to the material under the heading “Selected Financial Data” in the portions of the Company’s 2004 Annual Report to Shareholders set forth as Exhibit 13 hereto.
headquarters are located. In addition, the Company has entered into short term leases in conjunction with its operations at various locations throughout the country. The Company believes that its properties are adequate for its present needs.
The information set forth under the caption "Management's Discussion and Analysis of Results of Operations and Financial Condition" in the Annual Report to Shareholders of Argonaut Group for the fiscal year ended December 31, 1996, is incorporated herein by reference. See Exhibit Index.
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, 1996.
The Company occupies leased space in Schaumburg, Illinois where its principal executive offices are located. The Company shares its principal executive offices with IAS. IAS has eleven individual leases in locations where it maintains sales and service offices.
RESERVE FUND SPECIAL RESERVE FUND . .... . . . . . . . FIRE, Accident, Liability, Marine, Burg­
lary and Fidelity Guarantee DepäPremium Reserve Frs. 15,679,651.— Reserve for outstanding Losses, (including
LIFE Department Premium Reserve ........ Frs. 54,151,513.— Reserve for outstanding Losses . . . „ 1,176,053.—
Cr. Fire, Accident, Liability, Marine, Burglary and Fidelity Guarantee Depl?. Retrocession Premiums, less cancellations . Commissions, less Retrocession Losses paid Frs. 21,401,744.80 less Retrocession , 7,687,614.64 Premium Reserve Reserve for outstanding Losses (Including Frs. 5,400,000.— Provision for extraordinary Losses)
Life DepL. Retrocession Premiums .... . . . Commission and Expenses, less Retrocession . . . . . . . . Surrenders, less Retrocession . Losses paid, less Retrocession • . . , . .s . . . Annuities paid, less Retrocession .. ,. . . . ... . . . . Premium Reserve '. . . . . Annuity Fund Reserve for outstanding Losses . .... . . . . . . . Expenses of Management . . . . . . . ... . . . . . Taxes . . . . . . . . . . Written off Investments and House Property . . . . . . . . . Net Profit . . .
Capital (5000 shares of Frs. 2000 each) 10,000,000 — Reserve Fund 1,000,000 — Special Reserve Fund 1,825,000 — Due to other Companies 8,904,069 83 Düe to Companies for Reserves retained on Retrocessions .... . 12,217,139 65 Sundry Creditors 133,893 — Reserves, Fire, Liability, Accident, Marine, Burglary and Fidelity Guarantee Dep*?:: Premium Reserve Frs 15,679,651. — Reserve for outstanding Losses and Provision for
The information set forth under the caption "Selected Financial Data" in the Annual Report to Shareholders of Argonaut Group for the fiscal year ended December 31, 1999, is incorporated herein by reference. See Exhibit Index.
As of the business week starting January 3, 2000 all systems were and continue to be monitored for any Y2K exceptions. The Company has implemented an extensive Year 2000 contingency plan that identifies pre-planned courses of action in the event that Y2K problems interrupt its internal processes or its business partners' processes. As of mid-1999 all third party vendors and customers had declared themselves to the Company to be Y2K compliant. As a result there are no third parties that are currently unable to transact business with the Company due to Y2K systems problems. The contingency plan will continue through the quarter end of March 2000.
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, 1999.
As of February 27, 2004, we lease a total of approximately 18,056 square feet of office space in two locations. We lease 11,868 square feet in Columbus, Ohio for our headquarters pursuant to a lease that commenced on January 1, 2001 and expires on December 31, 2008. The lease provides for monthly rent of $13,230. ALPC leases 6,188 square feet in Cincinnati, Ohio pursuant to a lease that expires on July 31, 2004. The lease provides for monthly rent of $6,327, net of reimbursements payable to the lessor for cost of maintenance and operation of the building.
The information required by this Item 6 is included under the caption "Selected Financial Data" in our 2003 Annual Report and is incorporated herein by reference.
Our consolidated balance sheets as of December 31, 2003 and 2002, and our consolidated statements of income, shareholders' equity and cash flows for each of the three years ended December 31, 2003, 2002 and 2001 and the notes to the financial statements, together with the Independent Auditor's report thereon, are included in our 2003 Annual Report and are incorporated herein by reference.
Citizens owns its home office, located at 645 W. Grand River, Howell, Michigan, which is approximately 137,000 rentable square feet. Citizens also owns a three-building complex located at 808 North Highlander Way, Howell, Michigan, with approximately 207,000 rentable square feet, where various business operations are conducted.
The Company leases office space for its sales force throughout the United States. The leased property houses agency offices and group insurance sales offices. Hanover also leases offices throughout the country for its field employees.
Reference is made to "Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 22-47 of the 1999 Annual Report to Shareholders, which is incorporated herein by reference.
Reference is made to the Consolidated Financial Statements on pages 49-53 and the accompanying Notes to Consolidated Financial Statements on pages 54-79 of the 1999 Annual Report to Shareholders which meet the requirements of Regulation S-X, and which include a summary of quarterly results of consolidated operations (see Note 24 of Notes to Consolidated Financial Statements--page 79), which is incorporated herein by reference.
The company's corporate headquarters is located in the American General Center, a complex of office buildings on a 46-acre tract near downtown Houston. American General and certain subsidiaries either own or lease pursuant to a sale-leaseback arrangement all of the buildings and underlying land in the complex. The company occupies approximately 46% of the total office space available in the American General Center.
(a) Includes $247 million ($.99 per share) aftertax merger-related costs, $73 million ($.29 per share) aftertax loss on sale of non-strategic assets, and $33 million ($.13 per share) aftertax litigation settlement. (b) Includes $111 million ($.44 per share) aftertax loss on sale of non-strategic assets and $32 million ($.13 per share) aftertax write-down of USLIFE group business. (c) Includes $140 million ($.57 per share) aftertax adjustment to the allowance for finance receivable losses. (d) Includes aftertax net realized investment losses of $115 million ($.47 per share). Net realized investment gains for 1997, 1996, 1995, and 1993 were immaterial. (e) Includes $300 million ($1.18 per share) write-down of goodwill and $30 million ($.12 per share) charge for tax rate related adjustment. (f) Includes fair value adjustment related to securities. Additional information is incorporated herein by reference to the section "Investments - Fair Value of Securities" of MD&A in American General's 1997 ARS. (g) Excludes dividends paid by USLIFE.
Information as to selected financial data is incorporated herein by reference to the material under the heading "Selected Financial Data" in the Company's 1997 Annual Report to Shareholders.
The report of independent auditors included on page 12 of Form 10-K and consolidated financial statements included on pages 20 through 30 of the Company's 1997 Annual Report to Shareholders are incorporated herein by reference.
The information contained in “Selected Financial Data” on page 73 of the Annual Report is incorporated herein by reference.
Management's Discussion and Analysis of Financial Condition and Results of Operations 15-33
This information is included in the Annual Report of the Registrant to its shareholders on pages 14 through 18 for the year ended December 31, 1997 and is incorporated herein by reference (see Exhibit 13 to this filing).
(a) Financial Statements The following consolidated financial statements of the Registrant and its subsidiaries, included in the Annual Report of the Registrant to its shareholders on pages 19 to 30 for the year ended December 31, 1997, are incorporated herein by reference (see Exhibit 13 to this filing).
Independent Auditors' Report Consolidated Balance Sheets--December 31, 1997 and 1996 Consolidated Statements of Income--Years ended December 31, 1997, 1996, and 1995 Consolidated Statements of Shareholders' Equity--Years ended December 31, 1997, 1996, and 1995 Consolidated Statements of Cash Flows--Years ended December 31, 1997, 1996, and 1995.
(b) Supplementary Data Selected quarterly financial data, included in the Annual Report of the Registrant to its shareholders on the inside back cover for the year ended December 31, 1997, is incorporated herein by reference (see Exhibit 13 to this filing).
The “Selected Financial Data” section on pages 1 and 2 of Exhibit 13 representing pages 6 and 7 of the Company’s annual report to security holders for the year ended December 31, 2003, 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, for warehouse space, or as service centers that provide our concierge level of claims service.
Revenues for 2008 through 2011 have been revised to conform to the 2012 presentation. See the “Revision” section of Note 1 - Reporting and Accounting Policies in our Annual Report, which is included as Exhibit 13 to this Form 10-K for further information.
The information contained in "Selected Financial Data" on Page 12 of the Company's 1995 Annual Report is incorporated herein by reference.
The information set forth on pages 13 through 18 of the Company's 1995 Annual Report is incorporated herein by reference.
The 1995 Financial Statements and the Registrant's independent auditor's report on pages 20 through 28 of the Company's 1995 Annual Report are incorporated herein by reference, as is the unaudited information set forth in the Notes to the Financial Statements under the caption "Unaudited Quarterly Summary of Operations" on page 28.
We own six commercial buildings in Peoria, Illinois. Our primary building is a two-story 80,000 square foot office building, which serves as our corporate headquarters. Located on the same 20.6 acre campus is a 24,000 square foot building which is used by two branch offices of RLI Ins. and a supporting department. We also own a 25,400 square foot multi-story building used for record storage, a training center and office space. Our corporate campus also includes a 12,800 square foot building used as office space as well as storage for furniture and equipment. The final structure is a 15,000 square foot office building, of which 5,000 square feet is leased. None of the buildings are dedicated exclusively to one of our segments. We share ownership with Maui Jim, Inc. of a 16,800 square foot airplane hangar located at the Greater Peoria Regional Airport.
Refer to the Selected Financial Data on pages 70 through 71 of the 2011 Financial Report to Shareholders, attached as Exhibit 13 and incorporated by reference herein.
Trenwick Group Ltd.'s corporate headquarters and LaSalle Re Limited's operations are located in approximately 9,900 square feet of leased office space in Hamilton, Bermuda. Trenwick Group Ltd.'s United States operations are located in approximately 46,000 total square feet of leased office space at Stamford, Connecticut. Trenwick International Limited and Chartwell Managing Agents Limited leases approximately 29,000 square feet of space in London, England and Trenwick International Limited also leases 875 square feet of office space in Paris, France. Management believes Trenwick Group Ltd.'s current office space is adequate for its needs.
The information called for by this item can be found in Trenwick Group Ltd.'s 2000 Annual Report to Shareholders under the captions "Five Year Summary" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and is incorporated herein by reference.
The information called for by this item can be found in Trenwick Group Ltd.'s 2000 Annual Report to Shareholders immediately following the section captioned "Management's Discussion and Analysis of Financial Condition and Results of Operations" and to the items included in Item 14(a) of this report, and is incorporated herein by reference.
The Company maintains two mainframe computers at its corporate data center located in its headquarters facility to support its data processing requirements. The Company has in place back up procedures in the event of emergency situations.
The information set forth in the tables on page 14 of the Company's 1997 Annual Report to Stockholders under the caption "Selected Financial and Statistical Data" is hereby incorporated by reference.
The consolidated statements of income, of changes in common stockholders' equity and cash flows for each of the years in the three-year period ended December 31, 1997, and the related consolidated balance sheets of the Company as of December 31, 1997 and 1996, together with the related notes thereto and the independent auditors' report, as well as the unaudited quarterly financial data, all set forth on pages 15 through 31 of the Company's 1997 Annual Report to Stockholders, are hereby incorporated by reference.
On February 21, 2003 the Company leased office space in Melville, New York at an original annual rental of $18,000. The lease has been extended for an additional twelve months and expires on March 31, 2005. The annual rental increases to approximately $19,200 on April 1, 2004 and continues until the expiration date. This space will be sufficient for the Company's needs until the business plan of the Company has been successfully executed.
The selected statements of operations and balance sheet data set forth below are derived from audited financial statements of the Company. The information set forth below should be read in conjunction with the Company's audited financial statements and notes thereto. See Item 8 "Financial Statements and Supplementary Data" and
The following discussion should be read in conjunction with the audited financial statements and notes thereto, included in Item 8 of this report, and is qualified in its entirety by reference thereto.
In the year ended December 31, 2002, the Company provided an allowance for the unsecured, un-guaranteed note receivable from StrandTek of $250,000 plus accrued interest of $8,103.
For the reasons cited above, net loss before preferred stock dividend decreased by 35.3% to $1,160,000 in 2002 from the comparable loss of $1,792,000 for fiscal 2001.
The Company does not believe that its operations have been materially influenced by inflation in the fiscal year ended December 31, 2003, a situation which is expected to continue for the foreseeable future.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND - ------- --------------------------------------------------------------- RESULTS OF OPERATIONS. ----------------------
The consolidated financial statements from the Company's Annual Report to Stockholders for the year ended December 31, 2002, which is included as Exhibit 13(c) to this Form 10-K, are incorporated herein by reference.
COMPARE owns three office buildings consisting of approximately 385,000 square feet of space. One is in Downers Grove, Illinois where the Company is headquartered, and the other two are in West Sacramento, California and Scottsdale, Arizona (purchased in January, 1997). These locations house the majority of the Company's colleagues. Additionally, the Company leases facilities in the Detroit, Dallas, Atlanta, Boston and New York City areas. The remaining locations' leases represent less than 50,000 square feet.
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 1996 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 1996 Annual Report to Stockholders and is incorporated herein by reference.
The financial statements required by this item are contained in the Company's 1996 Annual Report to Stockholders on the pages indicated below and are incorporated herein by reference.
Consolidated Balance Sheets as of December 31, 1995 and 1996 24
Consolidated Statements of Cash Flows for the Years Ended December 31, 1994, 1995 and 1996 26-27
Material appearing under the caption "MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS" in the Company's Annual Report is hereby incorporated by this reference.
The buildings which house the headquarters of Harleysville Group and the Mutual Company are leased by the Mutual Company from a subsidiary of Harleysville Group. See "Business-Relationship with the Mutual Company." The Mutual Company charges Harleysville Group for an appropriate portion of the rent under an intercompany allocation agreement. The buildings containing the headquarters of Harleysville Group and the Mutual Company have approximately 220,000 square feet of office space. Harleysville Group also rents office facilities in certain of the states in which it does business.
The "Selected Consolidated Financial Data" section from the Company's annual report to stockholders for the year ended December 31, 1995, which is included as Exhibit (13)(A) to this Form 10-K Report, is incorporated herein by reference.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION - ------- ----------------------------------------------------------- AND RESULTS OF OPERATIONS. - --------------------------
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, 2000.
Lease costs of the Company's office facilities in Oak Brook, Illinois, and Bismarck, North Dakota, which total approximately $293,000 and $275,000 annually, are included as expenses under the pooling agreement. Expenses of office facilities owned and leased by Employers Mutual are borne by the parties to the pooling agreement, less the rent received from the space used and paid for by non-insurance subsidiaries and outside tenants. See "Property and Casualty Insurance - Pooling Agreement" under Item 1 of this Form 10-K.
SELECTED FINANCIAL DATA. - ------- ------------------------ The "Selected Consolidated Financial Data" section from the Company's Annual Report to Stockholders for the year ended December 31, 1998, which is included as Exhibit 13(a) to this Form 10-K, is incorporated herein by reference.
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, 1998, which is included as Exhibit 13(b) to this Form 10-K, is incorporated herein by reference.