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0816 0816 NAIC Company Code. 34754 Employer s ID Number. 04-2495247 Current Period Prior Period Organized under the Laws of MASSACHUSETTS State of Domicile or Port of Entry MASSACHUSETTS Country of Domicile Incorporated.. NAIC 19941 The Commerce Insurance FID 04-2495247 NA C 34754 The Citation Insurance Company FID 04-2739876 NA C 40274 The Commerce West Insurance a California corporation FID 94-1137122 NA C 13161 Note 1 - The following closed-en...
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How to fill out Annual Statement for the Year Ended December 31, 2004 of the Condition and Affairs of the Commerce Insurance Company

01
Gather all financial records and documentation for the year 2004.
02
Review the guidelines set forth by the regulatory authority for completing the Annual Statement.
03
Fill out the company information section, including the name, address, and contact details of Commerce Insurance Company.
04
Provide a detailed account of assets, including cash, investments, and property.
05
Document liabilities, including debts and claims payable.
06
Prepare the income statement, outlining total revenues, expenses, and net income for the year 2004.
07
Complete the statement of changes in surplus, indicating how the company's surplus has changed over the year.
08
Verify compliance with all reporting requirements and ensure that all figures are accurate.
09
Review the completed statement for any discrepancies or missing information.
10
Submit the Annual Statement to the appropriate regulatory agency by the designated deadline.

Who needs Annual Statement for the Year Ended December 31, 2004 of the Condition and Affairs of the Commerce Insurance Company?

01
Regulatory authorities that require insurance companies to file annual statements.
02
Investors and stakeholders who need to assess the financial health of the Commerce Insurance Company.
03
Employees and management who require insights into the company's financial performance.
04
Policyholders seeking assurance about the company's stability and solvency.
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The major elements of the financial statements (i.e., assets, liabilities, fund balance/net assets, revenues, expenditures, and expenses) are discussed below, including the proper accounting treatments and disclosure requirements.
Financial statements are written records that illustrates the business activities and the financial performance of a company. In most cases they are audited to ensure accuracy for tax, financing, or investing purposes.
Financial information can be found on the company's web page in Investor Relations where Securities and Exchange Commission (SEC) and other company reports are often kept. The SEC has financial filings electronically available beginning in 1993/1994 free on their website. See EDGAR: Company Filings.
A company's annual financial statements are much more than a formal obligation - they are the financial figurehead of every company vis-à-vis investors, banks and other stakeholders. This essential document consists of the balance sheet, the income statement and, as a rule, the notes and a management report.

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The Annual Statement for the Year Ended December 31, 2004, of the Commerce Insurance Company is a financial report that summarizes the company's financial position, performance, and compliance with regulatory requirements as of that date.
The Commerce Insurance Company, as a licensed insurance provider, is required to file the Annual Statement in compliance with state regulations governing insurance companies.
To fill out the Annual Statement, one must compile financial data including assets, liabilities, premium income, expenses, and reserve calculations, then input these figures into the standard reporting forms prescribed by state insurance regulators.
The purpose of the Annual Statement is to provide transparency about the company's financial health, ensure compliance with regulations, and inform stakeholders such as regulators, investors, and policyholders about the company's performance.
The Annual Statement must report information including the balance sheet, income statement, cash flow statement, statutory reserve calculations, investment portfolio details, and a summary of significant accounting policies.
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