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K E L LY AGENCY INC. gnsurance 73onol <br /> 3585 LEXINGTON AVE.NO. <br /> ST.PAUL,MINNESOTA 55126 <br /> (61 2)483-5344 <br /> May 22 , 1987 <br /> Randy Schumacher <br /> City of Lino Lakes <br /> 1189 Main Street <br /> Lino Lakes, MN 55014 <br /> Dear Randy: <br /> I received the attached from Don Volk requesting <br /> my comments. The insured has complied with our <br /> requests with one important exception. In my <br /> letter of April 14 , 1987 I requested the finan- <br /> cial history of the company. We have received <br /> no information in reply to this request. <br /> The company is Lloyd' s U.S. I contacted the <br /> Minnesota Insurance Commissioner' s office. They <br /> advised me that Lloyd' s U.S. is not licensed in <br /> Minnesota. They are not listed in Best ' s Insur- <br /> ance Guide which does list most companies licensed <br /> anywhere in the U.S. I would like to see some <br /> information that would assure you that U.S. Lloyd' s <br /> is a solvent, reputable insurance company. Many <br /> cities will not accept certificates from any in- <br /> surance company not rated an A+ company by Best ' s <br /> Insurance Guide. <br /> Randy, please call me if I can be of any further <br /> help on this situation. <br /> Very truly yours, <br /> Robert P. Kelly, C✓PCU <br /> RPK:bf:enc. <br /> BUILDER, <br /> voua'ndepf I <br /> Insuronre �.4GENTENT <br /> 1�® E <br />