About the Book
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910 Excerpt: ...Total interest 82,303.08 Total income $1,825,656.92 DISBURSEMENTS. Net amount paid for fire losses, $688,376.17; marine, $219,167.25 $907,543.42 Commissions and brokerage 371,350.17 Salaries and fees of officers and employees...." 160,561.12 Rents 4,797.30 All other taxes, licenses and insurance department fees 52,005.75 Loss on sale or maturity of ledger assets 4,500.00 Remitted to home office 72,565.02 All other disbursements 106,076.55 Total disbursements $1,679,399.33 Balance $2,393,027.15 ASSETS. Book value of stocks and bonds $1,862,537.86 Cash in company's office 13.28 Cash in banks." 314,292.06 Agents' balances 210,430.35 Bills receivable 5,753.10 Total ledger assets, as per balance $2,393,027.15 NON-LEDGER ASSETS. Interest due and accrued on stocks and bonds 22,555.50 Due for reinsurance on losses paid 10,875.49 Gross assets $2,426,458.14 ITEMS NOT ADMITTED. Agents' balances on business prior to October 1, 1909.. $5,772.41 Bills receivable past due 412.00 Depreciation of ledger assets 42,970.3(5 Total items not admitted 49,154.77 Total admitted assets $2,377,303.37 LIABILITIES. Net amount of unpaid losses $223,444.60 I'nearned premiums on outstanding risks 1,285,031.04 State, county and municipal taxes due or accrued 22,960.04 Commissions and brokerage '4,665.03 Gross liabilities, except deposit capital $1,536,100.71 Deposit capital $200,000.00 Surplus beyond all liabilities 641,202.66 Surplus as regards policy holders 841,202.66 Total liabilities $2,377,303.37 314 Fire And Fire Marine Ins. Companies. Dec. 31, 1909. RISKS AND PKEMIUMS. Fire Risks. Premiums. In force December 31, 1908 $254,348,164 $2,703,078.11 Written or renewed during the year 211,932,682 2,073,079.40 Total $466,280,846 $4,776,157.51 Deduct risks expired or terminated 20...
