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MAINE STATE LEGISLATURE The following document is provided by the LAW AND LEGISLATIVE DIGITAL LIBRARY at the Maine State Law and Legislative Reference Library http://legislature.maine.gov/lawlib Reproduced from scanned originals with text recognition applied (searchable text may contain some errors and/or omissions)
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Page 1: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

MAINE STATE LEGISLATURE

The following document is provided by the

LAW AND LEGISLATIVE DIGITAL LIBRARY

at the Maine State Law and Legislative Reference Library http://legislature.maine.gov/lawlib

Reproduced from scanned originals with text recognition applied (searchable text may contain some errors and/or omissions)

Page 2: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Public Documents of Maine:

ANNUAL

OF THE VARIO US

I)UBLIC OFFICERS AND INSTITUTIONS

FOR THE YEAR

1883.

VOLUME II.

AUGUSTA: SPRAGUE & SON, PRINTERS TO THE STATE.

1883.

Page 3: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

FIFTEENTH ANNUAL REPORT

OF TH&

INSURANCE COMMISSIONER.

STATE OF MAINE.

PART I. Fire and Marine Insurance.

AUGUSTA: SPH.AH UE & SON, PRINTERS TO THE STATE.

1883.

Page 4: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.
Page 5: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

FIFTEENTH ANNUAL REPORT

OF 'rHE

INSlJ R1-i\._NCE C()~1~1ISSIONER.

PART FIRST.

FIRE AND MARINE INSURANCE.

To the Honorable Governo1' and Cmmci'1:

·· The Insurance Colllmi:;sioner ha:; the honor to present Part

First of the Fifteenth Annual Report of the ln::rnrance De­

partment of the State of Maine, in l'ornpliance·with law ..

This report has been compiled from returns made to tbe

late Comm,ssioner, and the dclny in submitting it has been caused by the vacaney wbieh exi:-;ted in the office of ln:-;ur:­

nnce Commissioner, the rPturns not having been received by

the present Commissioner till the sixth dny of April. The Maine stock companies received in premiums in 1881,

$240,5G5.13, aud paid for losses $Ui~,112.53, leaving a bal­

ance of $72,452.GO. In 1~82, the S}lllle companies received

in premiums $252/>24.80, and pnicl for losses $187 ,922.f>7, leaving a balance of $(i4,(>02.2i1, n los~ over the previous year of $7 ,8;)().37.

In 1881. the eompauies of other States nnd cou11triPs

received in premiums i11 this State $77~),218.84, and paid for losses $52!),788.07, leaving a balance of $24~),430. 77. In 1882, compnnie:::; of the same ela:Ss 1·cecived jn premiuu1,;

Page 6: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

IV INSURA~CE COJL\IISSIO~ER'S REPOR'r.

$857,5MUH, and paid fol' losses $625,909.76, leaving a bal­

ance of $231,639.85, or a loss of $17 ,790.92 over 1881. As many of the Maine mutual companies have failed to

make their returns, a fair comparison between the years 1881

and 1882, of premiums received and losses paid, cannot be

made.

MAINE INSURANCE Co:'1PANIES.

At the close of the year 1882, there were thirty-three fire,

tire-marine and marine insurance companies organized under the laws of this State, and authorized to do business therein,

of which one was stock fire-marine, two were stock marine,

one was mutual fire-marine, and twenty-nine were mutual fire

insurance companies.

COMPANIES OF OTHER STATES AND FmrnrnN CouNTRIES.

At the close of the year 1882, there were eighty-nine fire,

fire-marine and marine insurance companies of other States

and countries authorized to transact business in Maine, of which eighty-six were stock and three mutual companies.

The following tables show the fire, fire-marine and marine insurance compnnies authorized to do business in Maine at date o1 this report, nnd the companies admitted and with­dniwn since the date of last report:

Fire, Fire-Marine and Marine Insurance Compam'.es now author­ized to <lo business in Maine.

MAINE STOCK COMPANIES.

~AM~: OF COMPANY. LOCATION. NAME OF Co11rPANY. LOCATION •

. Merchants' Marine...... . . • . . . . Bangor. union. . • • • . • . •.•....•••..... Bangqr. Ocean ......•.•....•••......... Portland.

MAINE MUTUAL COMPANIES. Bangor ........•.••.•....•••... Bangor. Eliot and Kittery •••••...•.••.•.. Eliot. Brunswick Farmers' .•...•••• Brunswick. Falmouth ....•••...•....•... Falmouth. lJa sco. . ....•.•••.•••••.......••• Casco. Fayette .•....•.••.••.••.•.••... Fayette. Cumberland ...••••••••••.. Cumberland. Fryeburg ........••..•.•...•. Fryeburg. Danville .•••••••••••••••••••.•. Auburn. Gorham .Farmers' .. , ••••.••.•••. Gorham.

Page 7: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMMISSIONER'S REPORT. v

MAINE MUTUAL C0:\1PANIES.-(Concludecl.)

NAM!<; OF COMPANY. LocATioN. I ~AMI~ OP co~rP.\:SY. LocATros.

Harpswell. ............... · .•. H.irpswell. Saco ...........••.•••............ Saco. Harrison ...................... Harrison. Uuion Farmers' ................. Union. ,Jay... . ....................... Ta.v. ,v11rren Farmers'... . ....... Warren. Litchfield .................... LitchficlJ. Waterford ............. , .... Waterford. Lovell .......................... Lovell. \\'ell~... . .................... \\ ells .

.\Ionmouth .................. Monmouth. \\'iltnn ....................... Wilton. North Yarmouth ....... North Yarmouth. Wimlh,11n ................... Windham. Oxford County . . .....•.... South Paris. Wo .. lwich .........••...... Woolwich. Patrons' Androscoggin .......... Auburn. York County ................... -~aco. Piscataquis ....•..•.......•..... Dover. Portland .Fishing .............• Portland.

COMPASIES OF oTIIER STATES.

JEtna ........•..•....•. H:irtford, Conn. American Central. ...•.... St. Louis. :\lo Americ,1n Fire .......... '.'fow York City. Amorican .Fire ......... Philadelphia, Pa. Atlantic F. anJ M ..... Providence, l{. I.

Boston Marine ............ Bo~ton, Mas~. Buffalo Uer:1rnn .......... Buff.do, ~. Y. Commerce ............. Albany, N. Y. Connecticut Fire ........ llartfurd, Conn. Continental. ............ New Yori;. City.

Dwelling House ...•••.... Boston, Mass. Eliot, .................... Boston, Mass. Equitable F. and M .... Providence, ll. I. Farragut Fire ........... New York City Fire Association •....•• Philadelphia, Pa.

Firemen's Fire ..•..•.•.... Boston, Mass. :First ~ational .Fire ..... \Vorcester, Mass. Franklin Fire .......... Philadelphia, Pa. Ucrman American ....... ~ ew York City. Germania Fire .......... New York City.

Girard F. and M, ...... Philadelphia, P,l. Gloucester Fire ........ U loucestcr, .Mass. Hanover Fire ........... New York Uity. Hartford, Fire ....••..... Hartford, Conn. Home ................. New York Uity.

Howard ...•...•...•.•.. New York City. Ins Uo. of l'lo. America, Philadelphia,P:i. Ins.Co.of the State of P;t.,Philadclphia,Pa .M:rnufacturers' and Builders', N. Y. City. Manufacturers' F. a11d M ... Boston, .Mass.

Merchants' ............. '.\" cw11 rk, N .. J. l\krchnnt~· ........... Proddence, R. I. :\lcriden Fire ........... Meriden, Conn. National Fi1·e ........... Hartford, Conn. Sational Fire ........... ;'Jew York City.

Neptnne F. and M ......... Bo,,ton, :\!las~. Newark Fire ............. ~ewark, .'i .. r. New llamn,,hire Fire .. :\lanchester. ~- H. ~1,w York

0

Bowery ...... ~cw Y,,rk City. Niagara Fire ............ New York City.

N orthwcstcrn National .. :\I ilwaukce, Wis. Orient ......•.•........ Hartford, Conn. Pacific Fire ......•..... New York City. PL'.nnsylvania Fire •... Philadelphia, Pa. Phenix ....•........... Bruoklyn, N. Y.

Phmnix ..............•. Hartford, Conn. Prescott ................•. Boston, i\l ass. Provid,mcc \V ashington, Providence, B.. I. Hochcster German., .... Rochester, N. Y. Security, ............ New Haven, Conn.

Shoe and Le:ither ....•.... Boston, Mass. Springfield F. and l\1 •. Springfield, Mass. Star Fire ............... New York Uity. Sterling Fire .....•..... New York City. Union .....••........ Philadelphia, Pa.

United States Fire ..... New York City. Washington F. and M ..... Boston, Mas~. We~tche,ter Fire .... N"ew Koehelle, N. Y . Willi,uusburg City Fire, Brooklyn, N. Y.

MUTUAL COMPA~IES 01!' OTHER STATES.

Holyoke Mut.ual Fire ....•.. Salem, l\Iass. ! Traders 'and Mechanics' .... Lowell, Mass. Quincy Mutual Fire .....•. Quincy Mass. i

COMPANIES OF l!'OHEIGN' COU:NTRII<~S.

British America .•...... 'forontu, Canada. City of London Fire ........ London, Eng. Commercial Union ......... London, Eng. :Fire Insurance Association, London, Eng Guardian Fire and Life .••. London, Eng.

Hamburg-Bremen Fire.... . Hamburg Imperial Fire ............. London, Eng. La Confiance Fire ........ I\,ris, France. Lancashire . . . ....... Manchester, Eng. Lion Fire ................. London, Eng.

Page 8: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

VJ INSURANCE COMMISSIONER'S REPORT.

CO}IPANIES OF FOREIG.\' COUNTRIES.-(Concluded.)

NAME OF CcHfPANY. LOCATION. \ N AJfE (\F COMPANY. LOCATION.

L. and L. and Globe ..... Liverpool, Eng. Lc>ndon and Lancashire .. Liverpool, Eng. London and Provincial. .... London, Eng. London Assurance Corp .... London, E11g. . M etropole ................ Paris, France.

Phrenix Assurance ......•.. London, Eng. Queen .................. Liverpool, Eng. Hoyal. ............... Liverpool, Eng Scottish Union & Nat'!, Edinb'gh,Scotl'nd . Stnndard Fire Office ....... London, Eng.

No. British & Mercantile,Lon. & Edinb'gh. Sun Fire Office ..•...••.... London, Eng. Northern Assurance ....... London, Eng. Transatlantic Fire.... . . • . . Hamburg. North German Fire ........... Hamburg. i Western Assurance ••... Toronto, Canada. Norwich Union Fire ...... .Norwich, Eng. '

Pire ancl Fire-_1.l[cm'.ue Insnrance Cmnpcinies of othe1· States and

Countries culmJttecl to trcrnsact business in .i.Waine from elate of last

Report to date of thi'.s Report. - --------(----~~----- -·---~---

! Capital

~A;\IE OF COMP~-- , ___ Locatio~-- Date of ActmiEsi~/~i~

American :Fire ............ !New York City ..... February 9, 1882..... $400,000 City. of London Fire ........ ;London, Eng ........ February 10, 1882.... 1,000,000 Franklin Fire ...•.......... :Boston, Masci ........ February 4, 1882..... 200,000 London and Provincial ..... 'London, Eng ..••..•. .May I, 1882......... 500,000 New York Bowery .......•.. :New York City ...... July 1, 1882. .••. ..•. 300,000 Pacific Fire .•.........•... iNcw York City ....•. July 1, 1882 ••••• ····I 200,000 Sterling Fire ...•.........

1

New York City ...... July 1, 1882 ......... , :150,000 Sun Fire Office ........ , ... London, Eng .....•.. October 1, 1882 ...••• I United States Fire ......... !New York Citv ...... October 1, 188'2 ....•. i. 250,000

. 1----Total capital of companies admitted .••.••••.•••....••••....••.• I $3,'.WO,CiOO

Fife ancl Fire-Jrforh1e Insurance Cornpanfes of other States with­

drawn clur£ng the year.

N.AME OF COMPANY. Loc.ATION. NAME OF COMPANY. LOCATION.

Commonwealth ............ Boston, Mass. Newark City .•••..• , ••••• Newark, N. J. Franklin Fire ...••........ Boston, Mass Trade .......•••••••••••.• Camden, N. J. Hamburg-Magdeburg ........ llamburg. 1'radesmen's .•••••••.•. , New York City. Manhattan Fire ......... New York City.

Page 9: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMMISSIONER'S REPORT. vii

INSURANCE LEGISLATION OF 1883.

The following is the only change made in the insurance laws of Maine by the legislature of 1883, of interest to insurance companies:

Section 55, chapter 49, Revised Statutes, as amended by chapter 173, nets of 1883.

"SEC. 55. Every foreign insurance company doing business in this State, shall annually cause to be published three weeks successively, in ~ome claily or weekly paper printed in each and every county where said company has a dnly authorized agent, or takes policies, a condensed stntemeut of its condition conformable to its last annual report to the commissioner; and any snch insurance company which shall neglect or refuse to publish such statement. shall forfeit not less than fifty dollars."

[Approved March 7, 1883.]

BUSINESS OF 1882.

Table No. 1 shows the capital, assets, liabilities, surplus or­impairment of capital, on the 31st day of December, 1882, .. and the income and expenditures for the year ending Decem-. her 31, 1882, of fire, fire-marine and marine insurance com-. pnnies transacting business in this State.

Table No. 2 shows the nature of the assets on the 31st day of December, 1882, of fire, fire-marine and marine insurance· companies tmnsacting business in this State.

Table No. 3 shows the nature of the liabilities on the 31st1

day of December 1882, of fire, fire-marine and marine insur-­ance companies transacting business in this State.

Table No. 4 shows the nature of the income during the· year ending December 31, 1882, of fire, fire-marine and marine insurance companies transacting business in this State.

Table No. 5 shows the nature of the expenditures during, the year ending December 31, 1882, of fire, fire-marine and! marine insurance companies transacting business in this State.

Table No. 6 shows the risks in force, 1·isks written, and premiums received thereon, and losses paid,. of fire, fire­marine and marine insurance companies traRsacting business. in this State, for the year ending December 31,. 1882.

Page 10: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

viii INSURANCE COMMISSION.ER'S REPORT.

Table No. 7 shows the business transacted in Maine during the year ending December 31, 1882, by fire, fire-marine and marine insurance companies.

This table also shows the amount of tax on premium receipts paid by the several companies, amounting in all to $9,192.48.

The do'rnestic stock companies have received premiums on marine risks amounting to $252,524.80, and paid losses on the same amounting to $187 ,922.57, or 74 per cent. of losses to premiums.

The companies of other States and countries have received premiums amounting to $857 ,54U.61, and paid losses amount­ing to $6i5,909. 76, or 73 per cent. of premiums received.

Table No. 8 shows the assets, risks in force, and risks written and losses paid during the year, of Maine mutual fire and fire-marine insurance companies.

Annexed to this report, and forming a part of it, will be found abstracts of the several annual statements made to this department in accordance with law, showing the condition of the several companies on the 31st of December, 1882.

After the abstracts may be found the names of the licensed . agents and brokers authorized to do business in this State.

Respectfully submitted.

ORAMANDAL SMITH,

Insumnce Commissioner.

AUGUSTA, April 23, 1883.

Page 11: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

~---·------------ ---·-·----·- ----~-~-----. ---~----------------~---~~-----------

Page 12: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE I.-Slwwing the Capital, Assets, Liabilities, Swplus or Impafrment of Cupi'.tal, on the 31st clay of Deceniber, 1882, ancl the Income ancl Expenclitures for the year enclz'.11g Dccembe1· 31st, 1882, of Fire, Fire-J1farine Clnrl 1lfarine Insurance Companies ttansacting business in this State.

------

NAi:VIE OF C0:\1PANY.

MAINE STOCK COMPANIES.

.Merchants' Marine ........... . Ocen,n ...•..............••.... Union ....................... .

Totals .......•............

STOCK Cos. OF O'fHEil. STATES.

..iEtnn, Cunn .................. . Amorican Ccntr,il, :\Io ........ . American Firo, N. Y ........ . Americ:111 Fire, Pa ............ . Atlantic F nncl M., }{. I ...... . lloston Marine, i.\lass ......... .

Buffalo German, N. Y ........ . Commerce, N. Y .............. . Connecticut Fire, Conn ...•.... Continental, N. Y ........... . Dwelling Houso, ..'.\fass ......••• Eliot, iV!ass ..............•....

Eqnit:1ble F. and l\I., TI.. I ..... . Farragut Firo, N. Y ........... . Firu r\a:~uciation, P.L ........... . Firewen's Fire. Mass ......... . First X ational Fire, ill ass . . .. . Franklin Firo,~Pa ......... ; ... . German Americ,in, N. Y ..•.•.•

I Linbilities Surplus Liabilities Surplus I Gross Assets. : not inclntling as regards inc:utling over nll Income. f Expenditures.

1

Pnid np C,tpital. ______ _i Capital. policy-l11!lders Capital. Liabilities. ______

1

_____ _

$299,716 41! $97,286 42 $202,429 9H $2-17,286 42 $.12,4'.W 9!l $96,583 WI $9.'i,G07 11 $1:'i0,000 H0,000 100,0001

304,815 87, 71,0:l\J 50 23J,i7G 37 211,0:.19 5() \JJ,776 37 74,4G3 81 li3,\J43 19 270,8~7 88 74,'.127 32 1%,GOO 5(i 174,227 3't \JG,600 56 10·1,5G\J 11 ~15,261 38

$390,oooi $875,%0 JG $2-!2,S53 2-1 $6:12,SOl:i \Ji!

$-!,000,0001 $9,0.'i-!,GIO iiS 6110,000 I, !Sb,:lli:I 7:) 400,1100 ], 110,06.'> 44 400,000 1

1 l,71'l,ci:l2 1-! 200,000 2.iJ,\J:i, \H

1,000,000 2,:ll:i,61\J 41

200,000 200,000

l,000,000 1,000,000

300,0UO 200,000

300,000 200,000

ClOO,(.J110i· 300,00.) 200,UOU 400,000

l,000,0001

93G,9.10 54 421,27i 5\J

l,781,G26 50 4,4.i0,5:.l-t 50

:ffl,0-ii \J.i ,u2,,n9 5-t

4\l.i,0-17 70 4:ll,:{118 0 l

4, 1.-)',!,.-,81 J:-1 77li,Oli:I .'i I 2i-!,O\JO \17

3,0S!i,li3i OS 3,702,026 22

I $1,SGI,4 28 46 $7, 19:1, 182 12

J.'i4Ji29 Hi s:.1:1,s:11 57 l.i0,H28 5::1 9.i\J, 1:rn DI uS-1,vus J.'i

1 1,021,:i:i:1 9\J

40,9-!0 li-1 212,U\J7 30 8H,5:lo 86 1,441,0~8 55

I 2-12,733 (i9

81,li\JZ 21 48\J,:li)!} :i7.

l,8U'..:!,Ci(i8 811

li7,544 84 98,320 7,'i

1

I DJ,0:1:i R7 107,0}(j 70

2,U Ii, I !l-! :.rn l 'l-1, 119 (i7, ti-!,Hi2 3 2

1,829,11\) 78 1, 18!, (j\JG 53

G9-!, 20-! 85 :13:J/iS:i :-lB

l, 2\J2,:l l(i 1,:1 2,55 j ,SGS (j\J

30ti/>03 11 31·1, 138 79

:lli-!,01 I 83 :-114,:!81 31

1, 'l:1.1,:lt-ili H~ G.i 1,D43 SI 209,<i2:-: u:i

l,2'i7/il7 30 2,317,32!:J (jj

$(i:3 2/•53 24

$5,861,428 46 u:,4,:'i29 lG 550,928 53

1,08-l,\JHd 15 2-10,H-lO ti-!

l,SH,530 Su

44 ·2, 7:J;j (i91 281,692 21

1,48D,30\J 57 2,8\J2,6ti8 81

3l:i7,5H 8-t 298,3:W 75

4:11,0:t'i 87 :{Ui,Olli 70

3,41,,19.1 ·,wl 42-1, 119 G71 2G-!,-!ti2 321

2,2'29,119 78 2, 18!,6\)l:i 551

$'2-!'l,806 92

$3,19:l,182 i2 2:n,sH 5, 5,1\>, 13ti [) I 627/i:i:I [);I

1'2 U97 30 441:oss 55

494, 204 s.-> )3!l/i8."> 38 2n,316 u:-i

1,5-li,SGii 6D ti,Sll:: 11

114, 1:.18 rn

6-l,011 8:l ll-t,:ISl 31 7:l.'J,38G 8-l 3."i l,!>-1:1 SJ

\J,G .8 (i.-i

S.">7,:'i 17 :30 1,517,32!) (jj

$275,618 21 $254,811 68

$2,743,506 85! $2,664,77:1 131 5,'l0,Ul2 79 flOO,J.10 ]I 2G4,800 481 209,Gtili 98 li-!2, 7ti7 rn! 57\J,!U2 92

u3,7:12 961 65,485 rn l,21il,Oti8 221 1,256,55:.i. 05

3\J0,02-! 01 135,079 79 7\J.'i, 233 35

2,375,239 89 fi7,!)ti6 38

149,817 62

22J,fi.'i3 51 ]7.),:38\) 91

l,G\J8, '2:JU l!l 173,721 52 10s,s:10 :rn GS I 708 li9

1,G2{115 32

3H,2,12 98 13\1,007 3,1 7i0,\J27 92

2, l.'i7, 7:11 2:) 62 497 8\J

lti8:291 61

199,902 2.1 18:i, 111 00

1, 7t-i0,0lil 17 li4,0tiJ 13 113,c>J:-l IJ]

741,418 8.1 l,3H2,Ul3 20

:..<

H z Ul Cl ~ ::,... z 0 t:c: 0 0 [:::;: [:::;: H r.n Ul

0 ~ t:rJ ~ rii :;:d ['rj "d 0 :;:i

~

Page 13: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

German ht Fire, N. Y .•.••••••. i 1,000,0001 2,566,657 5lr 824,044 541 1, 742,61~ !)71 l,824,044 54j 7112,612 97 1,us,2:rn 09\ 1,.1~s,_1:>1 281 Gin,·d F. and M., Pa ..••••.• •• 1 300,000/ 1, 208,644 881 375,897 401 832,747 48 67,"i, 897 401 532,7"17 481 37:-3,GOO 04\ 3b6,.H9 18,

Gbucester_Fire, Muss .......... 100,oooj 131,,40 30i 't .- • •) ~O·?, 1_~8 ~7\ l 2\l/i92 021 5, 148 28 40,723 01 42,GlG 22: 2.J,,192 O"

, ,s.:;, GH "I Hanover Fire, N. Y ..........• 1,000,000! 2,;">59, 2\Hl lGI 843 (Hi 27: ], I l;>,li;i{ 891 715,(i54 89 1, 1:10,:1,:i 7lll 1, HH,03:J 86

Hartford Fire, Conn •......•.••

1

1,250,000 4,:n1,2so 56\ 1,rn);o39 1uj 2,1308, 240 77 2,Viu,o:rn rn 1,358,240 77 2,237,b06 Hil 2,02s,353 o.i I !

Home, N. Y •...•••••.•.••• ····l 3,000,0001 7, 208,489 01! 2,434,428 01 4,774,061 06 5.434,·128 01 1,774,0Gl 06 3,0SG,817 221 2,911,229 77

Howard, N. Y ................. \ 500,000: 8~7,975 861 ~~3,:~2 7~! 564.233 12 7G3,,42 H G4, 2;rn J 2 :;\)tl,8\.J l 79\ 430,\,lH 71

Ins. Co. of No. America, P,t ..•. , 3,000,000' 8,868,910 9lll 2,(,.,0,2,4 4:11 6,238,(H6 54 f>,6:rn,274 4c,I 3,238,G3G 54 3,890,015 581 3,832,837 05

Ins. Co. of the State of Pa., Pa· I 200,000: 718,208 71i 274,::181 2-1-! 443,827 47 47 '~,,38 l 241 24.3,827 47: 2\J(i,13,) 9(il 289,770 79

Manufacturers' & Builders', N.YI 200,0001

::~:::: ::1 72,U3ii 0,'>i :356,270 11 272,9J5 051 15(i, 210 111 13:l,3Hi 1\:1

1

142,2ll 28

Manufacturers' F. and M., Mass 500,0001 403,G45 3f>i 569,2,2 011 903,645 351 69,272·01' !6~,!~~ 39[ 868,454 99

Merchants', N. J .............. ! 400,0\!0I 1, 164, 171 W.l: 339,ii 14 39: 8'24,657 5:{ 739,514 ;rn1 4'24-,657 53 Gll,,l3u 741

481,3-1-;'i 03 UJ

.Mer?hants'., R. I. ............. · I 200,000! 4 28/iO l 261

l4(i,470 G6i 282,0:30 GO Hli,4.0 Gli! 82,0:30 GO 227, 754 :n1

21 J,442 ,)3 ,-,l

Menden Fire, Conn ....••••..•. 200,000( 29:l, '277 02! 3G/J22 48i 2SG,:3.'>4 54-l ~}!\9~~ 481 5G,3,-J! ;"i.! 66,39'.2 .Jli 57,,U6 SS > National Fire, Conn . . . . ...•• · 1 1,000,01101 1,73:3,281 291 2C9, l.'i:i 48. 1,464,125 81\ 4G-1-, i1 .. i 81 47G,8ti.'> 871 4.i l, 124 31 r-3 1'i~~:~'{l t:1 H

National :Fire, N. Y ........... 200 oool 387,181 731 ll\.l,713 061 26i,4G8 67 G7 ,4u8 67 240,, 48 lGI 302,803 10 [fJ

r-3 ' I

I 100,901 o.i\ 40G,4GG rn[ 8

300,000\ 400,UOl 041 I

Neptune rand M., Mass ....•• · I 507,3G7 20 106,4GG lli 172,80\J 1,1 199,226 31 > Newark l•1re, N. J ........... 250,000! G71,0!0 47! 153,841 521 5li,l\.J~ 9:11 40:l,8!1 ;i2i 2li7, l\J8 \JS 21:1,018 931 2(i,i,O;J2 21 t"'

New Hampshire !<'ire, N. H ..••. I fiOU,OOO! 91;,, 1:12 37, 210,724 411 7o.J.,407 nc1 710,7:24 411 20!,40, \JG 382,-!74 79! :!%,146 63 r-3

N?w York.Dowery~ N. Y ...... · I 300,0001 912,877 41: 2'H' ;o· r G7G,:l72 l.Ji 53li,fi0.i 27/ 37(i,:Vi2 14 3CG,.i;i l 80/ 3S:l,7(i0 \12 > 7Gs'~3·~ sl1 ~

Niagara Fire, N. Y ..••.....•.. 500,000, 1,780,490 :1,'>: 1,011,s:1s 52! l,2G8,G:-n 8:3i 511,s:18 :-i2 1,o-t8,f>8·2 :n1 l,Ol !,):22 32 t"' Northwestern National, Wis ...• coo,oool 1,127,,311 85: 275:G,7 30\ 8.:il,634 5:-il 87,'i,677 :10! 2Cil,GH 55 441,U08 21: 382,054 85 tzj

(fl

I

1,395,404 18: I I I

1,120,176 731 471,438 .'i:1i Orient, Conn. . . • • • . .....•.... 1,000,0001 27.'i,227 451 1,275,227 4;'il 120,176 73; 503,233 58 Pacific Fire, N. Y ............. 200,000 72 ,,898 "17! H9,U95 12: ,'i70,90:l 3;, ;l,19,995 12 370,90:l :E, 23:i,959 121 23S,449 81 Pcnn~ylvania Fire, Pa .•.•••.•.. · 400,0001 2,301,94,) ;',8] U39,:09 39, l,:lG2,G26 191 1,3:!9,319 3!) UG2,li2ll l\) 82.\9:30 o.-)1 7 40, 197 24 Phenix, N. Y .................. 1,000,uo,1 3,'.W.\:l26 GO l,6->0,8.i2 ooj l,l.iH,47-! 601 2,li.i0,852 001 64-!,.J.7.t liO 2,fi07,1:l9 22 2, ! 88, 70:J ii!) Phrunix, Cnnn ...••.•••..•.•••. 2,000,0001 ,1,H(i, 208 :1 l' 1,3 Hl,Oli4 Sii 3,127,143 H 3,:l l\J,Oli-i 87I 1,127,113 4-1- 2,0:l l, !OJ (i61 l,\JliG,48'2 07 Prescott, Mass ................ 200,0001 382,0'.!9 411 1;·>1,708 4\>i 2:rn,:i20 9~, 3,'d,,08 4\Ji 30,320 U2 172,SHi :Lil :!.2,i,878 81

I i

Proviuence Washington, R. I. .. 400,000i l,00,,3G! '.H: 473,f>90 89; ii33,773 32 87:3/i90 891 13:3,773 :12 866,801 :i2i 817,278 02 Rochester German, N. Y •...... ·200,0001 504,;:, 11 ii4; 180.Hi 64 :-!24,0\JG 90: 38\1,-il-l- li4i 12.J.,tHlli DO 302, U28 li:l I 2:J.\7 rn 5:l Security, Conn .•...••••••.•.• 200,000 351, 19ii 81 110>,23 73 2,w,:-i,2 08 1 310,823 731 40,;li2 08 273,301 101 2,'i l, 103 41 Shoe and Ler,ther, l\lass .•••..•. (i00,0001 97G,:l73 01 3:n,:188 671 f~4,9~~ ~~I u:11,388 671 44,!)84 34 (i'2;i,2,j3 14\ 6H,113 66 Springfield F. and M., Mass ... l,OOU,000 2,395, :1.88 27 1,016,422 52 1,3,8,SG,"> 1,JI 2,016,422 521 378,865 75 1,324,225 27 1 l,2li,128 87 Star .l!'il'e, N. Y .. ..•••..••••••• I 500,000 759, 140 7:3 246,642 02 512,4.98 711 7'16,642 021 12,498 71 3U2,4L4 IGI 497,37\.J 27 :j.

Page 14: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE 1.-CONCIXDED.

NAME OF COMPANY.

I

I Expenditures.

I I I I Liabilities / Surplu~ ! Liabilities Surplus

Paid up I Gross Assets. not including, as regards '· including over all Capital. Capital. policy-h.,Jders.j Capital. LL,bilitic~.

8te!ling !ire, N. ¥ •. •• .. •• •. • . $~.->o,ooo; $,t2.1,~<.21 ?? $-?.1,G.·'.3 ~2 $370,2_i;~ 2~: $4~>.l,(i.'.:1 ~~ $_20,2.G~ ·i~1 $2?~·?~4 !.I $!.!l,_1~3 ~4 Union, Ia.. .... •••• ..•• •••. u00,000

1

884,!.18 ;i.l 3.),1,161 b8 531,1.lti 8.il 8,>3,lGI b:,;, .11,136 8,> 1:.!6,'2,)l ,>:.! dl,321 GS United States Fire, N. Y. .. .. . . '.!,i0,000 5:{v,252 '2'2 48,829 99 481,422 2.l :rn8,82!l !l\l 2:JJ,422 23 108,2Jl 38 90,289 GG l\·;a:hing_ton ~: and M.; Mass... ~00,0001 9~11,Ci3l 4:1 2_1?,f:1~ ~7 no,1~2 B_li 1 ~.1?·~:l~ :~! :l30,l!J2 9~,I 3(i~,;>,i7 ~-1 ~43,sr~ 60 "e,tche~tcr l<uo, N. 1' .. .. .... 300,0001 9:.!4,010 Jll ,1.19,989 26 484,020 9.1 1.1.) 1 .>89 2h 184,020 9,li 60b,.196 18 v8l,Oll1 14

Income.

William~burgh City Fire, N. Y. 2.iO,OOOi l,OiG,881 71 :rn:i,O.JA 17 G8l,i::i:31 GO 6.J.\044 171 431,8:17 GO) __ :i58,639 94i 58.\ii8i 63

Totals .•..••••......••... !:S:H,6,10,000 $!l9,\l86,505 07 :j;:H,08J,.':i22 13 $6,':i,904,H82 \J.1 $il,73 l,.i22 J:3 $2R,2i4,982 941$44/i29,202 \!3,$42'.847,790 41 I MUTUAL Cos. 01,' OTHER STATES.

Holyoke Mutual Fire, Mass ..•.. Quincy l-lutual Fire, Mass ...... Traders' and .\lechanics', Mass ••

'.l'otals ••....••.•••.

Cos. OF Fo1n:1GN CouNTRrns. (11nited :::;tates Branches.)

British America, Uanada •....•• City of London Fire, l<;ng ..... . Comm ere Lt! Union, Eng ..••..•• Fire Insurance Association, Eng Guardian Fire and Life, Eng .... Hamburg-Bremen Fire, lL1mb'rg

Imperial Fire, Eng .•••..••..• La Uonfianee Fire, France ...••. L'.lnC'l~?ire, J~ng .......•••.••• L10n I• ire, Eng .••..••...•••••• L. and L and Globe, Eng ...•.. London and Lancashire, Bng .•.•

$'i?~·:~? 6:, $l-i4.~:-)? ?~I $423,?~o 7o $1:4·~:)\, ?~ $~.:~·:'i~? 701

$11~,.l,~j ~! $11~,024 ?? 42.,,,).J,) 88; 190,G.12 vii 2.fa,.{2,! 31 l.JO,u.12 ,JI 2.H,J:l3 311 )l.J,4,iO b1 81,017 :.!2 32>,,789 91

1

l 24,.'>80 23i 20-1,20:) GH 121,;'>80 211 204,209 68: ii,761 ,':i2 47,;"i59 08 -----·------'-------1-------- - ------ ________ , ________ --------

$1,:322,9><6 uj $45\J,872 7.J\ $8G3,JJ:1 6'.t $4.>9,8i2 j,i $8(,:1,11:1 G9:, $:W6,,00 20 $2U,601 20 I 1----------------------------~---------·--------~1

I $823,578 00

767,8:16 87 2, lC0,2.',8 17

9-IG,89,j 34 l,096,\ll4 14

\J71:l,599 51

l,229,G20 48 71.i,0,j9 54

l,44i,49:.! 5S 748,760 9:{

.5,514, 962 81 l,28.i,495 86

$384,920 ui 28:3,32(; 72/

I, 2i9,0(i!;i rn 497,L:,9 711 3liG, 1 J 2 281' 406,00-1 6j

469,328 14! ~~:~.~~J! 7fi 1di,uU 5,)

200, 181 041 2,!)6R,577 ti9:

696,661 161

$438,G.'i7 2(i' 484,510 J.i\ 881, ]!)() 001 44 !) , 7:1.i G:11 730,80 I 8!il 572,;>\J! 8li,

7GC,29! H 1

281,7.il 80 670,s:)s BU' .H8/>i9 s9'

2,ii4(i,:!8.i 12 588,834 70

$384,!)20 2R:1,:3'.l(i

I, 27!J,Oli8 4!li, I ;i9 3CG, 112

• 41J(j,O() l

4Wl,:1:i8 4:U,3o7 7iG,1;;13 200, 18 l

2,9C8/177 G9(i,66l

74! _.,I ... 17 71

1

~ii 1-l' - -li

i~i G\J: rni

$4ri8,637 26 484/>10 1:) 881, 190 00 44H,7,l:j G:l 730,801 86 572,;i94 8li

760, 2fl2 3-1 281, 7,-l] 80 G70.~;i8 !>H 5~8,;i79 8!1

2,54(i,:18.i 12 f>88,8H 70

$,'>99, 114 82 447,7'.ll J.j

l,6.5.\G81 (i4 827,9,j2 ]G 539,278 04 6\J2, 171 75

697,919 5(,

78.">,4li8 Oli 1,099,28:.! (,3

5!0,361 I\J 3,:J I 0,8tJ.'i 9!J 1,06:3,817 34

$i'i99,li44 40 :1:J9,:B7 95

l,!i )5,419 06 74.1,:{:{8 92 477, 773 56 G68,U33 14

616,.'i.56 09 80:1, 149 H

l,OH2,53l 79 429,4)[) GS

2,9til, 787 H ~)32,297 16

~:

H z ~ ~ ;,.. z c. t,:,:j

0 0 ~ ~ H u; CfJ H 0 z ~ ~ ri3

: "'O 0 ::::::,

~

Page 15: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

London and Provincial, Eng .•• • 1 London Assurance Corp., Eng ... Metropole, .France ........•.... JS o. British and Mercantile, Eng Northern Assurance, Eng . ; .•••

North German .!!ire, Hamburg .. Norwich Union Fire, England .. Phoonix Assurance, Eng •...••. Queen, Eng •...•••.•••..••.••• Royal, Eng ...•.••....••••..•.

Scottish Union & Nat'), Scotland Standard Fi re Office, Eng. . . ••• Sun Fire Office, Ifog . . . .•..•.. '.l.'ransatlantic Fire, Hamburg ... Western Assurance, Canada. . .

Totals .••.••••.•••••••••••

435,693 31 1,44'2,,1,iJ 87

543,880 31 3,26,'i,874 67 1,221,601 14

436, 110 51 J,010,607 60 l,352,946 o:, 1,752,207 89 3,541,646 96

207,661 670,42.">

59! 56

3 l.'i,843 3:) 1,2:i0,8'24 58

381,093 01

14-7,63.'> G2 3:i6,002 4li 710,\l70 4'3 919,08:1 37

2,096,613 02

228,031 721 772,150 31 228,0:Hi 92

2,01.-1,0.-io o·J 840,;j08 13\

288,4 74 891 6.'il,@."i 141 641,9i.'i 591 8:33,124 521

1,445,033 94

207,661 59, 228,0:H 721 670,42.-J 56 7i2, I.10 3 l 315,8!3 39 228,030 92

l,2:i0,824 58 2,01:,,050 OH1

381,UH3 01 840,508 U\ I I

147,G:l.'i G2 288,474 89! 3.">6,002 Hi 654,60."> ltl 710,\)70 46 64l.\Ji5 5\) 919,083 37 833;124 52

2,0%.613 02 1,445,0:33 94

346 079 48 9Hi'.787 ool 497,\.1:38 561

1,981,466 43 581,566 51

210, 1:n 75 72U,H7 77 9H,7 IO 73

l,2.H,786 44 2,286,9-10 75

21:1, 167 43 849,11-1 17 5u::i,:rn2 97

},.'i8!,0 lo 89 57U,6i9 01

32G,225 37 441,779 80 882,:386 61

l,3ti:3,264, 91 1,916,394 34

I i -

1

1,031,210 461 222,7.""iS 2JI 808,452 23 222,738 23 808,4."'>2 231 564,345 33 363,348 35 I 680,365 931 404,Hl'.l 76 27.\4-16 19 40!,91\J 76 275,446 Jl), 846,686 24 5H,488 84 '[ 1,2.12,754 :rn 1

1 8:w,.-,9-> 93

1

· 432,1:i8 33 810,.'i!J:) 93, 4;3·2,1:is 3.1[ 3\J0,973 :rn 312,4UG 57 490,001 83 l.->2,879 G4 33i,122 19 ]:i2,8i9 64 3:H,122 11 2:i4,.1iU 72 249,806 06

I 919,630 33\ 484,t68 6.'i 43:i,161 681 484,468 6'>1

43 i,161 681 917,078 77 9G7,74o 90

1 $3i,092,.'i81 37 $17,903,0,:i6 90 1$19,189,.'i24 47 $17,90.3,056 90 $1\J, 189,.)2-1 4,1$25,0l3,l,i6 20 $22,216,412 84

RE C AP I '.r U L A 'l' I O N . Maine Stock Companies.... . • • . $390,()00' $875,360 16 $242,353 241 $632,806 92 $632,553 241 $242,806 92'1 $'.!75,618 21 $254,811 68 Stock Companies of other States. 37,650,000i 99,?~?,503 07 34,0~l,.'>~2 !~\ 65,9~!,9,.,~ 9_1 71,7,Jl,.'i~f I:J: 28,2~~,\!8_'l ~f 44,::i·l~,~02 ~3142,84,7,~90 ~l Mutual Cos. of other Stutes. . - 11,322,986 44 4,)9,812 I;) 8h.3,ll.l 69 4;)9,812 7-> 8b3,ll3 6.l 30b,100 20 244,601 20 Companies of Foreign Countries. - 37,09:1,581 37 17,903,056 90,

1

' 19,189,324 47 17,90!,056 90 HJ,189,024 4111

25,013,67(i 20 22,216,412 84 ----- -------· ---- -- ------ ---·-- ------ -------- --·---

Aggregate .•..••••.•••.•.. $38 040 000 139 277 433 04 $:i2,687 005 02 ii86 590,428 02 $90,727,005 021

$48,.550,428 02[$70.123,197 ,J:$65,56:3,616 13

UJ ~ ;...

~ UJ ~

8 ;.... t-t

~ ::,... tj

t-t trj y1

~

Page 16: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE II.-Slwwing the nattire of the Assets on the 31st dciy of Deceniber, 1882, of Fire, Fire-Jlfarine ancl llfal'i11e In:·mmnce Comj)({nies transacting lrusiuess in this State.

---------------···---~-----

NAME OF C0:\1PANY. Loans I Stocks

Roal Estate. I on Bonus and nut! JJonlls I Loans on Mortgages <•wneu. Cullnterals.

M,u:-11,: STocK Co~1PANrns. ~Icrcbant::;' l\1.trine ......•..... i __ - I $12li,OOO OOi Oee_an .......•......•••.••..•.

1

$1.i,OOO 001 _·- ,- • I Uu1un. .. . .. . . ..•. .. .. .... .. . -

1

. 5i,081 aOI

$-17,900 00 $21,000 co %, 2!Jli OU 18,UtiO 0.1

121,180 Oil ,\,237 50 - ... ---- ------

Cash in Olllco and

Dank

Premiums in cour::u of collection.

All other Assel8.

Total Assets.

$18,351 891 $25,H4 48 $,H,090 O.t $299,'illi 41 17 ,O HI :12 68, 'l87 55 29, 'l53 00 304,8 lG ti7 15,U:3:>. 58 l4,\18li 36 57,303 94 270,8:!'l 88

Totals ......•.•.....•....•.. 1 $7\000 001 $18:l,087 ;·,o!

STOCK Cos. oP 0·1·1a:1t ST,\TEH. j--------------------------------

----1---- -------$'.:G:>,-li (i OU $47, l!J7 50 $.H,303 79 $108,748 3fl $1H,5.tG li8 $87ii,3CO 16

$7.3!0.0l(; "I $3:12,070 "I $1,376 "I $0,0.\4,GIO 58 .£tna, Conn ................... J $3.-,8,000 00 A111ei'iean l.'entra!, Mo ........ · I Americnn Fire, N. Y . ....... 1

American Fire, l'.1 ..... --·· .... ! 141,11:0 OU At1a11tic F. a11cl "1, H.. I ....... I 1:i:1,:rno 1li Bu~tun .l\Jari1rn, '"a1:,~ ...........

1

Buffa lo Genna n, N'. Y.. . ... . Cuw111ercc, N. Y...... . ...... . Cunuccticut Firn, Conn ... _ .... . c .. ntinent:il, ~. y ..... ...... .. Dwelling; lfou~c, .\Ju,,; ......... . :Eliot, ,\Li~,;., ................ .

Equitablu F. aml ,H., R. I .. Fnrragut Fin•, X. Y ......... . Firn r\ss,,ci,1tiun, Pa ......... .. }'ircmen';; Firn .. :'lla~s .......... . Fir8t Natio1rnl Fi1·e, ,\lni>s ..... . l<'rnnklin Fil'l', l'a .......... . Uornrn11 ,\merican, N. Y. .., ..

2iii,OOO 00 :n,oou oo 211,000 ou··

f,(;.J.,1100 00 42,UUO Oil

12!'.l,!lUO !Ill (i,0()() 00

!:lo,:100 uo

G4S, 200 001

$.JG,72i 00

11,8,120 00 21:i l ,08!:l ;ill

]01,500 00

51,883 87

2i.t,2.i0 ()() 3iU,ii2.i 00

71,4,'>0 00 (i!:J,;iOO Oil

50,0(•0 00 21,.;oo on

881,:117 ti I 183,UOO 00 J 'ls,u:11 .~o

1, '227,:d.:i 84

$2-l,890 00 ri.'iO, IU!J 00 }U.i,000 00 88cl,1''.!0 00 42,· 00 OU

1,011,,os.-> 'l:>I 201,2.iO 00 8(i,7 ,:l 00

ti:18, 20:! 1:.1 26-1,3,jO 0(;

4-! 1,3 '11 701 52, 200 3.J :1.'>7 ,7/i,i OU/ -

l,07:.!,llJ!) 00 l00,390 00 2,:HJu, I (),j 001 51.i,500 00

141,318 OU 2i:!,U8.t 75 l,5UG 00

2n·1,o,.1 ool -:1n,u12 5hj 1fi,(i00 00

2,18.\/'ii, ;>o 81,000 00 .'i;:ii,8.'i(i \).j.l 11,000 00 11 :!,,,G:1 75 40!), '.2.l\J :1:i: fi67,300 00

3,444,677 50; -

$9-10,7:10 2;i liS,3:·li 4lj 72,'lH 27 2,ti-10 00 1, 188,:J<i:I 73 4:l,li79 81 2:J.:>.,o 72 2,:iH \J II l, I 10,0<,5 44 17,9i0 63 3t<;W7 9.'>

1

17,li:IS SL l,712,ii:!2 14 2,43.t 7:1 (i,:l.i,'> 2:1 f>, I.U 70 25:1,\l:17 \J-1

365,2li2 18 m.u~~ 1~,

524,274 \l(i 2,:315,!il9 41

80, 28G 09 3,9'll 97 936,D.JO fi4 32, 21;-i 611 21,72,i '2l 5,\J43 54 8.i3 t;:J 421, '217 59

25\J,U:IO 20 55,847 :io - l,';i;J,6'26 .'iO 22-1,8.iG 8!J 212,192 9g 58,:n4 1;3 J,450,5.H fiO

l 6,:-IU8 83 681 75 2, JU9 :n 3i4,0-!7 !)5 4."i,8.10 80 17,4H 44 (i, 10\J 55 412,4,'>9 54

32, 107 3.i 18, 171 44 l,8!13 91 49,5,0-17 70 l!IJ,73 8:.1 11,3-l!l (i8 4,4ti2 Oil 4 21,:-l!J8 01

l.J(i,\J87 38 112,870 7:1 li4, 127 \J l 4,l.i2/>8l 13 4,:1H\J 44 12,\-)-14, 21 (i,8Li2 !:l:l 7i(i,OG:J 51

20,(i]f.> 5.i 9,\J:l3 u4 2,H.'iG 53 27-1-,0\-)0 97 158, 287 40 5],15·1 44 24,920 1.'> 3,08li,6:.17 us 155,733 13 \JU, 715 5!:l 2,000 00 s,rn2,o:w 22

~ :;;;·

H z (fl

C1 ~ pa..

z 0 1,9

0 0 ~ ~ H rn UJ H 0 z t::l ~ rn ~ t::l "CJ 0

~

Page 17: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Germania Fire, N. Y .....•.. , . 401,:nu 67 217,100 00; l,6.17,637 50! l[,,550 00 145,213 01- 111,652 73 18,12-! 571 2,566,657 51 Girard F. and M , Pa ....•...•. 333,800 00 431,1R3 :-12; 309,937 50i '13,450 00 58,352 O;i 4."),066 42 16,855 h9 1,208,6,l..i 88 Gloucester Firo, Mass .....••••• - 2."i/>uo oo' %;:Hi! 00/ - 7, 158 SS 2,-106 71 3,310 7-l 13-1,740 30 Hanover Fire, N. Y .....•.•••

- i 200,7.'.>0 00 2, l,"i·l,:lU7 .'>1,1 1,500 00 s:1,:.rn2 61 10ll,G06 97 10,7;>:1 08 2/>,-iU, :Wll Ui Hartford Fire, Conn •...••..•.. 6S!,G75 60, \!63,GGG G7: l,777.3J.J 5;) 43:1,6G2 50 168, 760 61 295,G:24 9\J 44 54'1 G-!I 4,307,280 5G

I 5:1::187 12 llome, N. Y .................. 4:l,78! 27 1,172,737 44 5, 176,:i\)7 501 491,375 00 178,463 32 92,24! 42• 7,208,489 07

Howard, N Y ................. 125,oou ooj 21,:iOO 00\ 6-W,8(i:l OU 1 - 5,8ci7 52 31,330 5:31

3 3\J! 811 8L7,\l7,"i 86 Ins. Co. of N' o. A mcrica, Pa .... 3,J'i,683 8Gi l.71G,7G6 G,: 4,47.\!n 0:,1 1,033,600 00 549,0\Jl 31 534,3:{9 20 1

201;937 90 8,868, 910 99 Ins. Co. of the St.ite ot Pn., Pa.: b8,8UU oo: 112,8->U 00 2!0,811 5() 2:rn,000 oo 13,915 26 32,GG5 21 19,166 74j 718,'208 71 .Manufacturers' & Duilders', ~. Y - I 37,200 oo; :rn8, 0.1 ;) 2:i I 48,450 00 21,38' 891 11, 145 16 2,970 8G 1 4:29,:L05 1G

Manufacturers' F. and M., .Ma~s., 80,000 00, 46,600 001

48.j,88'.1 501 JO.!, 290 OU 1113, 104 54 100, 271 91 37, 767 41 972,917 3G Merchants', N. J .......... , ... : 1GJ,3(i2 OGi 3,J 1,%.t % :rns,:1.->2 00 1 147 ,S'lj On 4G,87 l 01 36,855 22 18,9.U t\7 l,164,171 !J:2

Ul Merchants' IL I ............... 3,000 00

2iU,U8' ""I 20,07'> OU lOU,914 2-!l 19,:W,1 9!1 217 08 428,501 :.w J-3 Meriden Fire, Conn ...........• - I 3:~.ooc oo: n:>,14.i oo 14,4:18 :n 5,001 261 5,702 45 29:1,2T7 02 >

J-3 National Fire, Conn ........... 3i,~~~ ~::

388,oou 00 1 1,os:1,8'1.1 o•, 46,420 00 lG'I -49 \}'' - I 17 ,444 38i l,7:n,·2s1 :29 H

10:;,1 "'i l:i,802 9,11 Ul National Fire, N. Y ............ , t) , , 82,7:.18 !)8 2(5!,;"i(;'j ti(I - 3 59'1 881 387,181 73 J-3

16.709 411

H

Ha, 175 ;){JI 20:8'.)9 9:11 0

Neptune F. and M., .Mass ...... - i 20/>82 3G 507,,367 20 > Newuk Fire, N .. J ............. 68,700 OOi 275,610 oo: 2\\),972 iiOI 3,500 00 37,171 991

18, 174 301 7 \Jl l 08 1 671,0-W 4 7 t-1

New IIampshire Fire, N. II ..... - ! 76,4-!G So 6."i,,Go;·) oo\ 7G,8G2 50 75, Hl4 051 21,039 llG 7' !JS.le ool 915, 1:-l~ 37 J-3 New York Bowery, N. Y ....... i 49,700 ()(1 807,02.i 001 J:i,Hl6 30 8, 28,J 48 31,000 001 1'.orn (5:11 912,877 41 >

22,000 oo] 42,567 8"1 19, lti3 40\ t:,j

Niagara Fire, N. Y ......•..... 105,rno oo l,410,73,"i OU 9/>00 00 170,824, Oil ],780,490 33 t-1 Northwestern N atiunal, Wis .. 141,000 00 G5!J,U8 00 291,78! 331 28,072 981 7, :we 4tl1 ], l 27,311 85 t:i:J

i - r,, I

42 J.10 7:.il 15,123 9'.ll Orient, Conn . . . . • . . .. ·.rn,494 G9I 222,870 70 8%,o:rn oo 109,270 00 80,465 151 1,:rn5,404 1s Pacific Fire, N. Y ....•.•...... 70,000 001 69,:rno oo 521,C(iG 25 8,700 00 3:1,98H 91 l" ',;.. ~.,I l,(i86 59i 720,898 47 a,,JJ;) I ~i Pennsylvania Fire, Pa .......•. 115,000 00 202,570 00 l,74.1,871 :iR lfiJ,:100 ()11 18,489 :·Vil 5;),2(ill l)!) 4,-144 G-1, 2,:~ol,U45 ,j8 Phenix, N. ¥ ...... ............ 38.1,750 oo! 2BR,OOO 00 1,c:rn,(H:U :i1, :rn:1. s:rn oo 2,J(i,(i2! 2.i: 3!Jti,(i(;2 OG n,,:.170 soi 3 29:>,:-:1'26 GO Jlhoonix, Conn .•.••....••.•.••. 1 ,8,2:);; :-:111 161,380 OU 3,0:1'1,I:l;) (HI 422,G,2 i:8 43,"i,O.il 47: 211.:10,> 11! 12,404 21' 4~4ti,:!U8 :~ I J>rernott, .Mass ... . . . . ~ . . . . ... 18,000 oo: - 3:i 7 ,:1: :i ,1, I - 7,:H7 7i\ 17,u3:i 37! 2,0,0 83 38:!,o:rn ,.u

i I I Providence Washington, R. I .... - 776, 1:L'i ool - 4-l,7SO 21: 73,414 92: ll6,0:34 08 1,001,:rn4 21 Rochester German, N. Y .•..••. 1,904 82 239,08.) 00 14{,80(i 2:, - 77,878 t,(ji 3J, 287 46: ti,5-W 15

1

5!H/>l l 5-! Security, Conn ................

110~275 oo! 52,HOO 00 202,];)2 00 22,000 00 4H,9:l6 94-1 20,697 47i 3,4ti9 40i 351, 195 Sl

Shoe and Le<ither, Mass ...•.••• 30,000 00 692,3 ll 7,\ - 11.'l, 966 25 60,47'1 91: 77,590 10 976,373 01 Springfield F. and M., Mass ..•. 336,216 67 1,534,020 00 67,575 00 140,089 46 175,202 10! 31,910 04/ 2,395, 288 27 ~ Star Fire, N. Y ............... 20,000 00, 12:l,27,j ()() 4.rn, 2o<i 2,\ 7,500 00 81,964 511 83,407 07 62,787 90 7()9, 140 73 <

Page 18: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE 11.-CoNCLuDED.

I ' I I I Loans Stocks . Cash in Premiums NAME OF COMPANY. I Real Estate. Ion Bonds and and Bonds Loans on I Office and j in course of All other I Total Assets.

--------------- ------1 Mortg,1ges. owned. Cullatcr:tls. I Bank. collection. _ Assets. ------

Sterling Fire, N. Y........ •• • • - I $47,000 00 $360,5:{2 .",O · j $4,685 7,"i $~,8i4 90 $828 7.1 l\'.!l,921 90 Union, Pa .. .. .. . . .. • . . . . • • • • $186,000 oo·;· 34,000 00 436,843 80 $48,446 131 21,003 13

1

76,ti73 83 81,3:H 641 8H4,:298 53 United States Fire, N. Y... .... - I 159,700 001 3,>4,2+5 OOI - 3,191 78 6,976 41 6,139 03: 5:W,2.i2 22 'Yashington F: and M., Mass." - 84,~00 00, ~~?·~89 001 40,?00 001 1?6,4Z7 5~ 20,z2~ ~4 4?,04~ ~~I ?~0,631 4:3 Westchester Fire, N. Y .... .... 39,800 00 124,600 001 6.~2,600 00

1

4,200 00, :>1,018 8,JI 68,122 :>9 3,008 1.1! l!U,010 19

Williamsburg City Fire, N. Y .. 1

. 2~-6,187 84!· ~'27,750 O°!.. . ~~2,8~~> 2~ ~- '.t{,170 0~1 .. 22,:)74 881 7.1,:>27 8~ . ~ 12,-l:l5 ~('.! ~,071\,~8~ 7:

Totals .................... 1$6,3J.:,,48 l 12 $12,642,4 92 59.:i,62,aG8, 2:>J 8.1 I~·>, 981,800 0,J $6, 292, 908 4;J :$-lc,40,s ,978 3; J$ l,, 41,.,89 6b, $99,986,,>0,J O,

MUTUAL Cos. OF OTHER STA TES.

Holyoke Mutual Fire, Mass ... . 15,500 00 79,100 00 213,680 00 6,">,4\h) 00 35,8i7 30 9,10.3 26 7,22,) 32 Quincy Mutual Fire, Mass ..... .

Traders' and Mechanics', Mass ..

$40,ooo ooll $27,900 oo $472,t.."!7 75 $10,120 01 $11,898 2.il $1,350 131

$4,514 s11

_ -__ 123,780 oo I3H,14,"> oo 53,ooo oo s,859 66 2,47,i 25 __ 1,s30 oo, ___ _

$55 500 ool $230 1so oo, $825 2s2 75 $128 610 01 $56 615 21J $12,H2s 6-t $1:3,269 831

$1,322,986 44

$568,2-tO 65 4 2;i, 9.'i."i 88 328,789 91

Totals •••.••••.•••.•••.•••

Cos. OF FOREIGN CouNTRIES.

(United States Branches.) British America, Canada •...• ··I -Cit~ of London Fire, Eng ...•. · 1 -

Commercial Union, Eng.... . . • • $130, 736 96 Fire Insurance Association, Eng -Guardian Fire and Life, Eng •. · \ Hamburg-Bremen Fire, Hamb'rg

1 -

Imperial Fire, Eng.... . • • • . . • . 250,000 00 La Confiance Fire, France.. . . . . -Lancashire, Eng... . . . • . . • . . . . . -Lion Fire, Eng.... • • . . . . . . . • • • -L. and L. and Globe, Eng.. . . . l,OH,741 92 London and Lancashire, Eng.. . . -

$23;000 001

- I 62 100 oo:

1,115'.8u 57j I

I $767,635 oo/

666,400 001 1,493,:lS,) 001

752,260 50 9:18, 750 Oll

834,542 501

lli13,066 80 5:l7,7,">0 00:

l,3fl:2,4H 75 11 480,000 001

2,1s.=i,1u;) oo: 1,177,787 ool

$50,000 00

8G,400 00

$24,115 12 2:},!J.)5 :rn

268,222 1-1 130,885 49 8,i,94,'> 88 41,933 55

2,i37 12 133,634 62 32,72:l 3.-) 58,47.'i 24

784,6J6 77 22,:)68 17

$31,227 88 66,97H 26

257,707 91 63,749 3.'i 65,:184 93 27,182 7i

120,374 891· 43,674 92 5:2,:327 481 61,78.i 6HI

32:2,3!:14 43 84,757 77[

$GOO 00 10,.'i02 38 10,206 16

6,833 3:3 ],940 60

3,741 67

69,171 12 582 92

$823,578 00 76i ,s:rn 87

2,160,258 17 !J-16,89."> 34

l,09li,\ll4 14 Wi8,.'>H9 51

1,229,620 48 715,0:i9 54

1,447 ,492 58 748,760 93

5,514,%2 81 1,285,49,) 86

:.< ::.

H z U1 q ::0 ;:.... ~ 0 ti:: 0 c ::: ~ U)

U1 H 0 2l trj

~ rn ::0 trj "ti 0 ::0 t-:3

Page 19: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

London and Provincial, Eng.... - 1 - 338. ,9.'>0 001 66,567 35 3,032 29 2i, 143 67! - 4:U,693 31 London Assurance Corp., Eng... - - 1,314, 12,j 00 - 90,562 81 3i,888 06

1 - l,H2,,'>75 87

Metropole,France............. - - 483,9,'i750j - 5622:1 54,112891 5,24767 fll:{,88031 No. British and Mercantile, Eng - - 2,945,561 00

1

- 194,244 6\l 10,490 !:14 IS,578 O! 3,2ti5,874 67 Northern Assurance, Eng...... - - 1,108,065 00 - 53,708 31 5!:1,827 83

1

- 1,221,601 14

= I North German l!'ire, Hamburg.. - - 392,323 75 - 26,013 8.j 17,772 91, - 436,110 51 Norwich Union Fire, Eng...... - - 8,ji,365 00 - 140,004 98 17,7,"i.'i 9.il 1,481 67 l,010,tiOi liO Phoonix Assurance, Eng....... - - 1,167,162 50 - 75,."ill 8:1 7:3,099 33 1 :17,172 39 l,3:>'2,941i o.-. Queen, Eng................... 352,590 18 - 1,185,992 50 - 113,136 (i8 u:1,:{!:J:.i 521 7,0!l(i 01 1,752,207 89 Royal, Eng................... 127,603 05 - 2,298,926 25 560,000 00 270,019 67I 227,94,'> .is[ 57,142 fil 3,541,6!6 96

Scottish Un.ion & Nat'I, Scotland - 286,500 00 59?,67~ O? - I 1~2,~5! ?6, 4~,3~~ f0 1 - I l,~:{ l,_21? 4? Standard Fire Office, Eng.. .... - - 561,04.J 7o - o0,.!60 29 (i.l,0,,6 91 - ' 680,.160 9,J t:iun Fire Office, Eng.. .. .. ... • - - 882,02,5 00 - 291,553 iO 71,242 93 7,9:{2 u31 l,252,754 26 Transatlantic Fire, Hamburg.... - - 462,218 75 - 9,.'i43 741 18,239 34 - ! 490,t 01 83 Western Assurance, Canada..... - - 827,205 00 - 26,566 J.51 (il,U12 2,jl 3,936 9:1 919,t.30 3:3

Totals .................... $1,908,672 II $1,487,443 57 $27,468, 777 55 $762,967 35 $3,0,16, 729 98!$2, lifl,824 69 $~29, 166 12 $:17,092,.'>81 37

RECAPI'l'ULATION. I

Maine Stock Companies........ $75,000 00[ $183,087 50 $265,476 001

$47,197 50 $,jJ,303 rn; $108,748 :rn $lH,5Hi 981 $87.'i,3GO 161 Stock Companies of other States. 6,355.1 481 12. 12,642,492 i>9 62,.'i68,254 8.j. 5,~81,800 O.'i G,292,908 u 1 4,40:1,\178 :H l,74-1,:'i"'!) 6til 99,981l,-10."> 07 Mututtl Cos. of other States. .. 55,500 001 230,780 00 825,282 75; 128,GlO OJ fl6,615 ·.n! 12,9:!8 ti4 l3,21i9 8:3 l,3n,H8ti H Companies of Foreign Countries. 1,908,672 ll 1,487,443 57 27,468,777 55: 762,967 3.i 3,0.->H,729 n8 2,178,8"21 (iH 229,lliU 12 3i,OH2,:i81 37

I I '

Aggregate ................ $8,394,653 23 $14,543,803 Gli $91,127,791 151$6,920,574 91 ii&,457,557 -n'$li,i0!,480 O!l $2, 1:!8,572 :'i!l1$l:l9,277,4,H 04

m t-3 > ...., H en ~ a > t" t-3 > ~ t" trj

~

x :::: . ......

Page 20: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

.. TABLE III.-Slwwing the nature of the Liabilities on the 31st day of Deceniber, 1882, of Fire, Fire-Marine and

_J,farine Insurance Conipanies transacting business in this State. ----~- ~----~--- ~-----·-------~

LossKs UNPAID. REINSURANCt, FuNo. ' I ------------------ ------------ Other Totnl Liabili-,Total Li.1bili-

NAi\fE OF COMPANY. i / Marine Liabilities. : ties except ties including Adjusted. j Unadjusted Resisted. Fire. , and Inland. j Capital. Capital.

---------------- --- --------- ------- ________ 1 _______ 1 _____ ---;-------- --------

MAINt: STOCK COMP.A.NIES. i I' i Merchants' Marine............ - $21,32;: ?O - - $7~,i9~ 1;2 $1_7~ 30i $~7,2_8f ~2 $;47,2~f ~2 Ocean.. .. ........ ........ .... - 2,61, :l8 - - 6,,80;J 9:l 616 00 il,O.rn tlO 211,0:rn ;:iO Union....................... - 1 rn,555 00 - - 57,172 32 500 00 74,2:.n 32 174,227 32

Totals .•..••.•••.•••••••••••

STOCK Cos. OF OTHER STATES, .lEtna, Conn ................. .. American Central, Mo •••••.••• American Fire, N. Y ...••••.•. American Fire, Pa •..••••••.••. Atlantic F. and M., R. I ...•..• Boston Marine, Mass ....•••••••

Buffalo German, N. Y ••.•••.••• Commeroe, N. Y .............. . Connecticut Fire, Conn .•••••••• Continental, N. Y ••••••••••••• Dwelling House, Mass .••••••••• Eliot, Mass ................... .

Equitable F. and M., R. I.. . .. Farragut Fire, N. Y .......... . Fire Association, Pa •..••••..•• Firemen's Fire, Mass ....••••••• First National Fire, Mass •.•.•• Franklin Fire, Pa ............ . German American, N. Y •..••••

I $55,077 101:

21,27,5 5."il 10,566 00 lU,006 47

1

1

2,4o~ s I 3,532 65

A,579 98

7,774 73 2,946 63

84,899 41 2,907 82

10,653 21 8,870 90

44,315 73

$40,496 58

$148,233 27 18,485 54

33 792 00 3;056 2,j

249,450 00

11,355 00 10,465 00 5:t,147 33

259,871 91

11,515 00

12,314 77 7.420 98

117;625 00 4,234 34

10,530 00 22,493 27 80, 145 50

,, •• 661 "I $1,562,660 00 8, 265 00 29,'>,401 47

- 119, 178 30 8,000 00, :337, 119 24

':000 001 23, 118 92

-700 00 220,066 39

I,375 uol 68,789 14 10, 761 86 426,400 38 27,303 00 I,497,756 79

65.969 84 s2;7so 7,5

soo ooj 106, 104 11 2,812 501 89,648 31

10,999 00 920,909 77

8,824 ml

113,376 15 41, 29-4 39

436,94 7 45 1,029,395 43

$200, 76~ 361 $1,287 ,301 $ 24 2,.5:'>3 2-1 ! $6:n,5:i3 24

$9,437 sol $65,358 771 $1,861,428 46 $5,861,428 46

= ... ..I ll,101 60i 354,529 16 954,5:t9 ]6 21, 184 23 150,928 53 550,9:-'8 53

287 ,080 441 684,998 1,) 1,084,998 15 8,595 76 40,940 64 240,9,10 64

62 L,548 21 - 87 4,5:30 8ti 1,87 4,530 86

- 6,034 32 242,735 69 44 2,735 69 - I,063 07 81,692 21 281.61}2 21

- 489,309 57 1,489,309 57 26,366 75 81,370 36 1,892,668 8] 2,892,li68 81

- l,575 00 67,544 84 367,544 84 - 4,025 00 98,320 75 298,320 75

2,003 56 2,038 70 131,035 87 431,035 87 - 4, 188 28 107,016 70 307,016 70

1, 782,761 11 2,917,194 29 3,417, 19-1 29 - 3,601 36 124,119 67 424,119 67 - 1,984 72 64,462 32 264,462 32 - 1,360,808 16 1,829,~l~ 7~1 2,229,119 78 - 22,015 13 1,184,696 5;JJ 2, 184,696 55

~

g:

H

z m q ::,:, .... z 0 ttj

0 0 ~ ~ H m Ul

8 z ~ ::,:, r.i5 ~ ~

~ ::,:, ~

Page 21: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Germania Fire, N. Y ....••.•••

10~··· "I 88,97.i 141 21, 177 G3 692,545 291 - 8,300 2'i 824,044 54 1,824,04-1 5-1 Girard F. and M , Pa. .•.••...•• 28,261 l[,1 - I 22fi,?40 20 - 121,096 05 375,8U7 40 G7.i,8\l7 40 Gloucester Fire, Mass ....•••••• a,238 4!:l - 11,a 11 !'J} 1,84-4 25 997 77 '..W,5U2 O:l 12\),59:l 02 Hanover Fire, N. Y ....•••.• , • 13,400 25 9G,4 7 l 70j 29,567 63! 70'..1,938 301 l,266 3U 843,6H 27 1,84:1,644 27 l{artford Firn, Uonn , ...•••.••• 5\l,540 9\l\ 15\l,499 88 1 21/103 30' 1,463,49,) 62 - 25,000 00 l,72!:1,039 7\l '2,!:179,039 79

I

Ilome, N. Y .................. 6f:i,799 301 214,418 (l9 24,377 97i 2,lHi,832 00 - I 10,000 00 2,4:34,428 01 5,4:H,428 01 Howard, N. Y ................. 40,673 [i3i .'i,500 00 lj,(jQO 00( 201;,n t :·rn 325 00 3,712 88 263,742 74 763,74:l 74 Ins. Co. of N' o. A mcrica, Pit ..•. 20:600 001 418, JOO OOi IO~WO 001 1,45,1,flO! 00 260,086 70 467 ,:183 75 2, 630, 274 4.) 5,630,274 45 Ins. Uo. of the State ot Pa., Pa. 66,0-16 oo[ 78,918 00 44,581 35 84,835 Sil 2'i4,381 24 4 74,381 24 Manufacturers' & Builders', N. Y 4,977 181 G,319 68: 3,12.i 001 54,44-1 78 - 4,068 41 7:.l,!:135 05 272,935 05

Manufacturers' F. and M., Mass. - 68,767 511

- I 30.i ,4 7 4 9.1 29,402 90 - 403,645 3,) 90J,6!5 35 Merchants', N. J .............. 14,478 79 19,67\J 821 3,450 oo: 281,415 9,j - 20,489 83 3:HJ,.'il4 39 73\l,.il-i 39 m Merchants' R. I ....•••.•.•..•. 7,:I09 50 l 2,6{>0 001 2 500 00

1

122,366 7\1 763 91 880 46 146,470 66 346,4'i0 GG r-3 Meriden Fire, Conn ..••..••. : •. - 3 891 7R 2:s.u ool 29,883 70 - 300 00 36,922 48 236,9:!:l 4rs > National Fire, Conn ••... , ..••. 14,314 8:! 9:544 ool 4,ooo ool 24 l,2U6 6{i - - 26\J, 155 48 l,2t\9,l:i5 48 r-3

H

National Fire, N. Y .•.......•.• 3,800 00 8, mo ooi - I

107,213 06 - - 119,713 06 319,71:3 06 m 1-3

- I

H

Neptune F. and M., Mass .•.••• 16,000 00 6.i, 100 91 TS 131 100,UOI OJ

0 - I l,412 00 400,901 04 > Newark Fire, N. J ............. 11,943 71 5,410 oo: l,514 13i l 23,420 22 11,55'3 4€ 15:J,841 52 403,841 b2 ~

New Hampshire Fire, N. II. .••• I 25, 16:l 8:L 5,500 oo; 2i,OO 001 177,,'JGl 59 - 210,724 41 710,724 41 1-3 New York Bowery, N. Y •..••. • 1 - 40,50J 001 11,600 00 177,20,'j 2'i 7,200 00 236,505 27 536,505 27 >

td Niagara Fire, N. Y ............ - 143,762 8:31 8,237 17 591,086 33 2,'>,54,) 50 768,631 83 1,268,631 83 ~ Northwestern National, Wis . , , 9, 233 35 28,458 001 1,800 00 234, 134 10 1,000 00 1,051 8j 275,677 30 875,677 30 t,;t

~ Orient, Conn .•..••..• , .••.•••• - 21,255 361 2, 115 40 251,856 69 - - 275,227 45 1,275,227 45 Pacific Fire,~. Y .. ; .......... 6,220 00, 19,910 001 500 OU ll~,873 93 - 4,491 19 149,9\l,) 12 34:J,99;', 12 Pennsylvania Fire, Pa •.•....•• 68,70\l 731

158;179 691 - 43U, 115 8'i - 440,493 74 93\l,319 3\l 1,33\),319 3\J

Phenix, N. Y .................. 18,117 90 15,393 4,) l,3!1\l,8.19 89 48,956 00 10,345 07 1,650,852 00 2,650,852 00 Phoonix, Conn ..•••.•••••••.••• - 183,439 48 5,550 00 1, 130,075 :rn - - l,319,064 87 3,319,064 87 Pre!'cott, Mass .•..•••••••••••. 14,902 19 6,600 00, 2,500 00 107,292 09 - 20,414 21 151,708 49 351,708 49

I Providence Washington, R. I. ... 2,742 91 95,591 471 8,089 98· 243,2,'jl 67 123,636 96 277 90 473,590 89 873,590 89 Rochester German, N. Y .•...•. 2,802 00 17,564 00, - 157,778 64 - 2, 270 00 180,414 64 380,414 64 Security, Conn ................ 2, 160 361 13,572 111 1,925 00 75,519 47 14,592 14 3,0.')4 65 110,82:3 73 310,823 73 Shoe and Le'l.ther, Mass ........ 5\l 072 221 - 175,49,! 06 91,623 80 5,198 59 331,388 67 931,:188 67 Springfield F. and M., Mass .••• 32,572 71 m:953 oo) 11,406 75 83:J, 14 7 25 - 22,342 81 1,016,422 52 2,016,422 32 / ~ S.tar Fjre, N. ¥. · .... , ...... ,,, 551936 59 12,005 001 1?800 OOi 15~17~5 78 :: 23,174 65 246,642 021 746,642 021 ~-

Page 22: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE III.-CoNcLUDED.

LOSSES UNPAID. I REINSURANCE FUND. I I

N AME OF COMPANY. I ' Marine Liabilities. ties except ties including _______________ I ___________ I Other Total Liabili-1Total Liabili-

--------------- Adjusted. Unadjusted. Resisted. I ___ Fire. __ l nnd Inland. --------' Capital. Capital.

Ste;ling Fire, N. Y.... ...• .••• $5~6 !4 $~,090 00 - $44,8!2 ;?I $?12 f>O; $1,672 ~8 $~1,653 62 $4?1,653 62 Umon, Pa............ . •••• 11,019 d 6v,OOO 00 - 184,028 llll 58,!)22 30

1

34,130 68 3v3,161 68 8n3,161 68 United States Fire, N. Y. .. ..•. 2,137 37 8,929 29 - 27,967 81 5,779 61 4,015 91 48,829 99 298,829 99 Washington F. and M., Mass... - 46,215 00 - 108,196 9.l: 48,390 63 7,63,j 91 210,438 47 610,438 47 Westchester Fire, N. Y........ 33,608 76 15,950 00 - 38l,3!W 20[' - I 9,070 30 439,989 261 73ll,989 26 Williarnsburgh City Fire, N. Y. _ 10,509 3~ . ~5,299 11 . $5,150 O~) 334,7'i9 ~o

1

• --- . 1.9,306 Oll . 395,~44 171

:45,~44 17

Totals ......••.•.•......•. $866.401 Oa$.'l,3v3,217 07 $316,333 Oa$23,078,934 ll4$1,.l98,862 40 $•,OG7,773 62$.l4,118l,:J22 13 $71,131,,')22 13

MUTUAL Cos. OF OTHER STATES. I I Holyoke Mutual Fire, Mass . . . . - - - $14:l,fi2o 6:{ - $1,1:{3 32 $144,6,59 95 $144,6ii9 9,'\ Quincy Mutual Fire, Mass...... - - - 187,080 40 - 3,552 17

1

1 190,632 57

1

190,632 57 Traders' and Mechanics', Mat<s.. - $200 00 - 124.380 2:1 - - 124,580 23 124,580 23

Totals.................... - $'.WO 00 - $451,!)87 ~ml - $4,(i85 49, $!59,872 75 $4!19,872 75

Cos. OF FouEIGN CouNTRIEs. (United States Branches.)

British .\ merica, Canada ..•...• City of London Fire, Eng ..... . Commercial Union, Eng ..••...• Fire Insurance Association, Eng Guardian Fire and Life, Eng ... Hamburg-Bremen Fire, Ila1ub'rg

Imperial Fire, Eng .......•..•. La Cenfiance Fire, Frnnce ....•. Lancashire, Eng. . . . . . . . • . .. Lion Fire, Eng .•...•.....•..• L. and L. and Globe, Eng ..... London and Lancashire, Eng .•••

x x

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Page 23: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

London and Provincial, Eng •••• London Assurance Corp., Eng •.. Metropole, France .......•...•. No. British and Mercantile, Eng Northern Assurance, Eng .•.•••

North German Fire, Hamburg .. Norwich Union Fire, Eng ..... Phoonix Assurance, Eng .•...•.. Queen, Eng ................... Royal, Eng ....................

Scottish Union & Nat'), Scotland Standard Fire Office, Eng .....•• Sun Fire Office, Eng •.........• Transatlantic Fire, Hamburg .• Western Assurance, Canada ••••.

6,368 571 16:010 001 - 185,283 02 - - 207,661 59 207,661 59 78,ooo ool - 592,425 56 - - 670,425 56 670,425 56 20,430 731 50,423 ,sl - 220,f->35 79 - 24,453 39 315,843 39 315,'343 39 62,_148 59: 5l,\J7G 08 38, 182 2:1 1,098,5 l 7 68 - - 1,250,824 58 1, 250,824 58

28,730 51 8,933 88 328,556 69 - 14,871 93 381,093 01 381,093 01

3,683 00 10,555 00 - 133,397 62 - - 147,63,) 62 147,63,'i 62 61,(iti6 6til - - 293,335 80 - 1,000 001 356,002 46 356,002 46 45,042 00 63,047 00 4, 157 00

598,72' ··1 - 710,970 46 710,970 46 130,436 57 8,497 63 776,072 42 - 4,076 75 919,08:'l 37 919,083 37

8,118 70 214,326 86 12,800 (10 1,581,909 70 - 279,457 7li 2,0\J6,613 02 2,096,613 02

7,b20 43 28,000 001 - 186,937 80 - - 222,758 23 222,758 23 10,418 69 33,\l92 00 6,500 00 3:17,889 44 - 16,119 63 404,919 76 404,919 76 27,941 24 37,267 98 - 755,386 71 - - 820/>95 93 820,595 93

- 62,989 39 - 403,076 34 6,124 31 12,278 61 484,468 65 484,468 65 ----- ·----- ------ ------- ------ ------- ------- ------

6,755 68 20,300 001 - 12t>,823 96 - - 152,879 64 152,879 64

Totals .................... ! $488,199 88$1,628,537 91 $244,152 35$14,530,877 35 $11,657 191 $999,632 22$17,903,056 ~0$17,903,0j6 90

RECAPI'l'ULA'l'ION. Maine Stock Companies........ - $40,496 58 - I - I $200,769 36 $J,287 30 $242,fi53 24 $632,553 24 StockCompaniesofotherStates $866,40105 3,353,217 07 $316,333 05$23,078,934 9411,398,862 40 5,067,773 62 34,081,5'.!2 13 71,731,.'i22 13 Mutual Cos. of other States • . • • - 200 00 - I 454,987 26 - 4,685 49 45H,8i2 75 4."'>9,8i2 75 Companies of Foreign Countries 488,199 88 1,628,537 91 244,152 35 14,530,877 35 11,657 19 999,632 22 17,903,056 90 17,903,0t>6 90

----- ----- ----- ------ ----- ------ ----·--- ------Aggregate ................ $1,354,600 93 $5,022,451 56 $560,485 40

1$38,064, 799 55 $1,611,288 95 $6,073,378 63 $52,687,005 02 $90, 727 005 02

00 1-3 ;.. 1-3 ..... 00 1-3 8 ;;.;. t-t 1-3 ;.. t,j t-t trj

:-11

>< ~-

Page 24: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE IV.-Slwwing the nature of the Income during the yem· ending Decernbe,· 31st, 1882, of Fire, Fire­Marine and -1lfarine Insurance Oornpnru'.es transactiny business in this State.

NAME OF COMPANY.

.MAINE STOCK COMPANIES, Merchants' Marine .•.•.••••••• Ocean ...•.••......••••••••••• Union ......•..•••.•••••••••••

Totals .................... .

STOCK Cos. OF OTHER STATES. ..iEtna, Conn .................. . American Centr11I, Mo ........ . American .Fire, N. Y ......•••• American :Fire, Pa ...••..•..... Atlantic F nnd M., R. I ....... lloston Marine, Mass .......••••

Buffalo German, N. Y ..••••••• Corumerce, N. Y .............. . Connecticut Fire, Conn ..••.••. Continental, N. Y ........... .. Dwelling House, Mass ........ . Eliot, M,tss •...••...•..•••••••

Equitable F. and M., R. I. ... .. Farragut Fire, N. Y .......... .. Fire Association, Pa ........... . Firemen's Fire, .Mass ....••..•• First National Fire, Mass . • ••• Franklin Fire, Pa ............. . German American, N. Y •.•.•••

PREMIUMS RECEIVED.

Marine Fire. and Inland.

$93,1>11 84) 65,494 041 93,518 921

I Interest and I Interest on I Dividends f Received for I Income from Bonds and from all other! Rent. all other Mortgages. sources. sources.

Total Income.

- $96,585 29 - 6,884 19 $2,085 58 - 74,463 81

$11,050 19 - - - 104,569 11

_ I $3,073 ., _

- J $252,524 sol $11,050 19[ $9,H57 64 $2,085 58 ----- -------

- $275,618 21

$2, 167,954 061 $147:"IO 861 $3~576 18/ $414,623 19; $9,442 .16/ - $2, 743,506 S:il 487 ,:,67 29 62,644 f>O 701 00 - 550,912 791 2l7,fi34 81, 5,854 03 40,U4 97 996 67 - 264,800 48 569,4 73 33! - 15,876 89 48,7(i6 98[ 8,649 93 - 642, 767 18

44,040 171 7,147 32 - 3,019 291 9,526 18 - 63, 7:J2 96 1,173,001 80 - 88,066 421 - - 1, '26 l,IJ68 22

350,804 011 - 2,918 39 19,871 78 14,460 49 $1,969 31 390,02-! 01 J 15,992 03, - - 17,831 76 1,256 00 - 135,079 79 713 ,4-!6 09! - 11,904 05 69,88:1 21' - - 795,233 35

1,8.jH,359 43 296,931 71 27,491 36 148,955 751 45,501 64 - 2,375,239 89 :39,lUO 69 - 5,80:l 03 12,346 80 246 33 470 53 57,966 38

130,585 52 - 4,160 00 14,803 641 - 268 46 149,817 62

182,696 55 14~422 461 2,400 00 13,367 251 8,667 25 - 221,553 51 l.'i8,434 831 l,03i 08 14,541 69: 1,206 22 170 09 175,389 91

1,468,772 24 - ii8,99:l 50 lG0,064 64: 4,763 24 5,645 57 1,698,239 19

""·'"' "I - 10,044 50 26 369 38i - 500 001 173, 721 52 88,396 11 - 6,\!32 6,) ~ I - 10,501 62 105,830 38

515,394 OG - 108,302 67 20,708 411 32,292 01 5,0ll 54 681,708 6\)

1,489,121 98 - - 133,393 34 - - I 1,622,515 32

Excess of Income over Expenditures.

$978 ]8 10,5'.20 62 9,307 i3

------$'20,806 53

$78,733 24 50,762 68 55, 133 50 62,S:H 26

-1,752 83 4,ii 16 17

48,i 81 03 -'.3,927 56

24,30,) 43 217,.108 64 -4,5:31 51

-18,47:3 99

21,65] 26 -9,721 09

-8J,82l 98 -341 61

-7,712 63 -59,7!0 16

2:.W,602 12

~

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Page 25: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Germania Fire, N. Y ..•••••••• Girard F. and .M., Pa ...•••...• Gloucester Fire, Mass ......... . Hanover Fire, N. Y. . ........• Hartford Fire, Conn •....•. · ••••

Home, N. Y .................. . Iloward, N. Y ................ . Ins Co. of No. America, Pa ... . Ins. Co. of the State of Pa., Pa. Manufacturers' &; Builders', N. Y

Manufacturers' F. and ~I., .Mass Merchants', N. J ............ .. Merchants', R. I. ............. . Meriden Fire, Conn .•.•.•...•.. National Fire, Conn ... National Fire, N. Y •..••••.•••

Neptune F. and M , Mass ...... . Newark Fire, N. J .......• New Hampshire Pire, N. H ..... New York Bowery, N. Y •...• ;. Niagara Fire, N Y ........... . N orthwestcrn N Rtional, Wis .•••

Odent, Conn.. . . . • . ....••.... Pacific Fire, N. Y ............ . Pennsylvania Fire, Pa ...•••..•• Phenix, N. Y ................. . Phwnix, Conn ...••.•.......•.. Prescott, Mass .....••..•.....

Providence Washingt.on, R. I. .. Rochester German, N. Y ...... . Security, Conn .....•••••..•.. Shoe and Leather, Mass ...••... Springfield F. and M., Mass Star Fire, N. Y ........ ....... .

l, 146,075 24 314,53,5 30

27,475 24 ],083,04.'i 48 2,033,234 24

2, 7!5,662 8"i 3,i 7 ,499 2(i

1,857,8.t.5 77 149,292 37 11l,l:-l6 79

502,576 30 464,9:12 fi3 203,6.t.O 27 5l,3,i9 69

381,496 8:{ 220,862 90

115, 115 47 178,.558 n 346,\151 90 3:{2,24:{ iVi 980,66:3 06 3H,694 91

402,661 86 206 966 20 121:810 12

2,1:{6,18,j 70 1,824,8.t.9 89

155,896 3:3

387,628 4.t. 280,648 31 151,896 31 263, 145 6.':11

1, 222, 688 79 359,210 .i5

5,543 78

650 00 1,623,428 8:3

113,216 01, I I

221,359 971

t·~1 I

31=46~ 241

4;,926 J 360,424 90

430,965 92 939 8~

104,938 62 326,2.j4 88

lS,446 29 28, :l71 91

1,684 75 11, 163 33 73,642 O.'i

87 ,880 93 l, 292 00

96, 155 29 5,361 011 8,280 83

3, 133 03 22,:rno 08

150 00 1,6S:3 75

23,499 O."i 7,691 91

29,21& 98 :{.\522 89'

2,982 ()() 5,9.i2 49 9,3·!0 96

12,898 n1 4,9:30 831

12,157 51 11,04788 10,071 581

16, 297 5.t. 2/i:rn 2, 1,8:H 5,j

17, 190 84 10,750 181

83,711 561 13,376 12

5,094 79 9n, 164 98\

102,002 ]3

253,273 42 30, 715 69

275,919 19 24,603 90 12,373 40

35,022 93 2.5,443 14 18,8.'i4 31 11,844 19 66 271 31 ll:373 77

24,033 46 3, 707 00

31,326 23 61,96(1 7ti 38,94.i 81

55,877 94 21,072 50 91,0GI 56 89,583 40

192,\1,)7 02 16,950 02

48,207 161 5,0.Jc'..! 90'

13,926 901 34,018 081 80,666 77 21,438 68

17;416 nl - I - I

28,627 74i

I 3}87 501

2,913 101 1,311 571

4,695 161 4,840 99i

l 3,937 76]

819 58\

2,200 001 1,534 22

2,989 59 900 26

9,897 34 3;225 11

= I 3,678 871: 1,014 75

I

924 ··1 4;947 34 1

36,666 50 749 58, 213 60

'

I

1,504 78 ],660 92

1,248,233 09 373,600 04

40 723 01 1, rno:373 79 2,237,506 16

3,086,817 22 398,891 79

3,890,015 58 296, 135 96 133,316 lb

766,787 39 517.536 74

221;754 23: 66,392 41

476,86;') 87 240, 748 16

l 7'l, 809 17 I 213,018 93 382,474 79 366,551 so

1,048,582 31 441,908 2.t

471,438 53 235,9.59 12 82ii,930 05

2,607, 139 22 2,031,103 66

172,846 35

866,801 52 :-l02,92H 63

273,301 101 625, 253 14

],324,225 27 392,414 16,

119,481 811 7, 250 86

-1,893 21 -3,660 07 209,153 12

175,587 45 -32,052 92

57,178 53 6,365 17

-8,895 09

-101,667 60 34, HH 71 16,311 70 9,05.'i 86

2">,741 56 -62,lH 94c

-26,417 14 -52,07:1 28

4(i,328 ]l; -17,20\1 12

37,0.~9 \)9 59,853 3\1

-31,79.'> O.'i 509 :11

8,), 7:1 ·2 81 418,4:1 i G:J

64,621 59 -53,032 46

49,523 iiO 7,212 10

2'l, 1\)7 6\1 -17,860 52

107,096 40 -104,96,j 11

m ~ > ~ H m H H 0 > t-4 ~ > t:O t-4 l:tj y-,

~

~-

Page 26: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE IV.-CONCLUDED.

PREMIUMS KECEIVED, I I Interest and I --------- -----/ Interest on Dividends Received for I Income from Total Excess of

NA ME OF COMPANY. / I Marine / Bonds and ,from all. other Rent. r all other Income. Income o,·er ·--------------- __ :Fire.___ and_Inland. i Mortgages. f sources ______ I sources. _ --------i Expenditures.

Sterling Fire, N. Y ..•. .•.. .... $!):3,073 07/ $925 ool $2,878 00 $12,778 04 - $109,65.t 111 --$1/139 73 Un~on, Pa ........... : . • • .• •. 36!,4:.l~ ?;> 3.l.\4~f 7~! J,760 o~; 29,~3~ ~4 $15,261 08 - 72li,2.'>l ~2/ -~·?!o !'.' Umted States Fire, N. l... .... 51.90a 20, 3k,53.I 5,>I 7,100 0,) 10,litih n8 - I - 108,211 38

1

11,lnl ,2 Washington F. and M., Mass... 180,31.5 23/ 14,i,480 70: 4,6\JO 41! 34,071 20 - - 364,.">;')7 54 20,C61 !)4 We~tchester Fire, N. Y.... .•.. .'.>72,39.> 51il - 1 7,6."18 08 22,29\J 18 4,043 96 - liUti,:1B6 78

1

2,"i,W\J 64 Williamsburgh City Fire, N. Y. 506,771 23 - I 11,U82 10

1

27,U86 6\) 11,899 \)2: - 558,6.19 9! -26,\)!7 G9

Totals ................... $34,570,88181 $5,406,041 391

$"174,7:.14 40$3,:H3,636 25 $262,704 791

$71,204 2U$44,52U,202 l)3i $1,uSl,412 52

MUTUAL Cos. OF OTHER STAT1.:s. I I I : ,

Ho~yoke Mutual ~ire, Mass..... $8~,332 ~~I - I $0

1.03? 6~ $2,?,~75 4! $2,~~8 67i,, - $11~,4~7 8! ~3,4~~ !~! Qumcy Mutual Fire, Mass...... 9,>,797 nGI - 3,493 2h fo,n!O 0,) 6n0 00 - lla,4n0 81 2k,4.,3 6,> Traders' and i\1echanics', Mass.. 56,796 75 - 20,964 77 - - I - 77,761 52 30,202 44

Totals............. • . • • $236,927 29 - I $2,'l,488 721 $40,88i> 52 $3,398 671 -· $306, 700 20 $62,mrn 00

Cos. oF FoaEIGN CouNTRrns. I f I ( United States Branches.) I

British America, Oanada........ $520,386 49 $33,803 93 - I $44,924 40 - - $599, 114 82! -$.i29 58 City of London Fire, Eng...... 429,107 iiO - - i 18,613 65 - - 447,721 151 108,38:.l 20 Commercial Union, Eng........ 1,593,943 63 - - 55,443 77 $6,294 24 - 1,655,681 64;! J..l0,262 58 Fire Insurance Association, Eng 804,155 64 - - 23,796 52 - - 82i,9;i2 16 H,61:~ 24 Guardian Fire and Life, Eng.... 504,711 22 - - 3,t,566 82 - - 539,278 04 61,;i04 48 Hamburg-Bremen Fire, Hamb'rg 655,356 00 - $1,150 00 35,665 75 - 692, 171 75 23,238 61

Imperial Fire, Eng .•••..••..•. 647,278 26: - - 29,366 301 21,275 00 $70~933 511

697,919 56/ 81,3{i3 47 La Confiance Fire, France ...... 886,314 08 - 22,500 00 5,720 4 7 - 785,468 06 1 -17,681 37 Lancashire, Eng .. , .••..•••.•• , l,048,463 40 - 50,819 23 - - - I l,OlJ9, 282 GJi 36,750 84 Lion :Fire, Eng .....••.•.•• , , .• 402,083 88: - 710 79 20,464 2,) - 87 102 27 5 !O,'Jo I 19: 80,U41 51 L. and L. and Globe, Eng ..•• , , 3,11.\165 46[ - 75,68! 75 58,612 08 61,343 70

= j

3,3l0,807i 99 34[1."18 55 London and Lancashire, l!:ng ..•• 1,023,855 241 - - 37,299 58 2,662 52 1,063,817 g4: 111,5'.10 18

~

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Page 27: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

London and Provincial, Eng •••• London Assurance Corp., Eng •.. Metropole, France ........ . No. British and Mercantile, Eng Northe:-n Assurance, Eng ....••.

North German Fire, Hamburg .. Norwich Union Fire, Eng .•..•• Phrenix Assurance, Eng ....•••• Queen, Eng .•..•••.•••..•••••. Royal, Eng ..•.••••••••....•••.

339,084 50 883,:-!3;", 52 481,193 66

1,910,482 96 546,337 51

25 6,331 14 50G,20;i 53 915,60 l 02

1,190,091 58 2,181,604 83

----------

6,994 98 -- 33,451 48 - JG,744 90 - 70.~18:l 4 i - 35,229 00

14,402 61 -- 22,850 00 - 29, 109 71 - 33, 193 97 - 104.221 39

- - I 346,079 481 132,912 05 - - I 916,787 00 (;7,672 83 - - 497,938 i'l6i -.5,424 41 - -: l,981,4C6 43 3\J7,H9 54 - - 581,566 511 10,887 50

- - 270,733 75 · -55,491 62 - 200,382 2,1 729,437 77 28i,6fl7 97 - - 944,710 73 G2,3U 12

31,500 89 - l,'lti4,78li 4! -98,478 47 1, 114 53 - 2, 28G,940 75 370,546 41

Scottish Union & Nat'l, Scotland 389,041 06 - I 14,746 55 20,72.'1 051 - 139,832 671

1

5C.4,345 33 I: 200,996 98 Standard Fire Office, Eng....... 62~,;192 64 - - l2,53ti 851 - 209,556 75 8-16,lit-6 24

1

3:32,197 40 Sun Fire Office, Eng . . . . • . . . :rn11,9rn 39 - I - - - - 390,!)73 39 78,iiO(i 82 Transatlantic Fire, Hamburg.. 239,569 8.·i - - 15.000 87 - - I 254,570 721 4,'iu4 6fi Western Assurance, C::tnuda. .• . • 781,~8,j 68 101,799 04'\- 33,294 05 ___ - ------ ___ -

1

917,078 771 -50,CG2 13

Totals .................... $23,0G7,251 67 $135,602 97 $220,302 96 $758,520 28 $124, 190 88 $707,807 44 $25,013,G76 20\ $2,i97,2li3 36

RECAPITULATION. Maine Stock Companies........ - \ $252,~24 80 $11,050 19 $9,957 64 $2,085 58\ - I $27,'i,618 211 $20,806 li3 Stock Companies of other States· $34,57~,8~! 81! 5,,106,041 39 87~,734 !0 3,343,63~ ~? 262,}04 79 $71,204 291 44,;12~,:02 ?:Ii l,!ifil,412 52 MutualCos.ofotherStates ..... 236,92129

1

- 2a,48812 40,88at>l 3,.198671 1

306,100201 62,09900 Companies of Foreign Countries. 23,067,251 67 135,602 9'i 220,302 96 758,520 28 124,190 88 707,807 44'. 25,0l3,li76 20 2,797,263 36

Aggregate ................ $57,875,060 77 $5,79!,169 16$1,131,576 27.$4,152,999 69 $392,379 92 $779,0ll 73 1$70,125,197 541$4,561,58141

- Excess of Expenditure over Income.

[Fl

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Page 28: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE V .-Slwwing the nature of the Expenditures during the year ending Decembe1· 31st, 1882, of Fire, Ji'ire-f .. llf a,tine and .. Jforine Insurance Com.panles transacting business in this State.

PAID LossES. ---1--~~-----;:-id for

Marine Paid. and Salaries, etc Firo. and Inland. Brokerage.

NAME OF COMPANY. Paid for All other I Total

Expenditures. Expenditures. Taxes. ----·------1 Dividends Commissions Paid for

------------------i----------------------1-··--MAINE STOCK Co11rPANrns.

Merchants' Marine . • . . . • . . • • • • - $76,481 39 $9,000 00 $6,018 16 $4, 107 56 - - _ $9 i,607 11 Ocean........................ - 41,8:1821! 12,71400 4,2'l954 3,62,lOO $89676 $6,">96l<I, 61,9-1319 Union... . . • . . . . • . . . • .• . . •• • • - 69,602 97

1

13,000 00 6,653 02 4,200 00 - 1,805 39 9.i,261 38

Totals ................... I - $187,922 571 $:H, 714 00 $16,880 72 $11,932 56 $896 76 $2,465 071 $2,H,81 I 68

STOCK Cos. OF OTHER STATES. .i'Etna, Conn .................. . American Central, ,\lo ...•••.•.. American Fire, N. Y .......... . American Fire, Pa. . ..•.. Atlantic F. and M., R. I ...... . Boston Marine, Mass, .. : .••••••

Buffalo German, N. Y ........ . Commerce, N. Y .............. . Connecticut Fire, Conn ..•••..•. Continental, N. Y .......... . Dwelling House, Mass •.••.•.•. Eliot, Mass ....•••.•••••••..•.

Equitable F. and M., R. I ..... . Farragut Fire, N. Y ....•...••• Fire Assochtion, Pa ........... . Firemen's Fire, Mass .....•• , ..• First National Fire, Mass ...••• Franklin Fire, Pit •.•••.•••.••• German American, N. Y •...••.•

$1,199,279 9;i 26,"J,H,14 97

!)6,67:l 42 332,8j9 65

27 ,83-! 19 -

190,1198 38 79,:-JlO (n

4,rn, 1 73 91 1,062, 7H4 97

7,195 73 90,728 04

107,181 84 89,609 91

1,087,456 92 88,408 68 70,;> 15 23

366,0H 02 76,i,U09 f,3 1

$57,666 53 $720,000 00 $362,741 8H - 68,023 50 fi8,664 70 - 3.'>,:W:l !Hi 30, 78,j HO - 39,2HO 00 9:l,Hfll 87

3,377 !)j l l ,9 I 1 00 6,97H 40 940, l 90 90 100,000 oo· 81,466 66

- 30,000 00 68,827 31 - 14,000 00 20,:366 3.'i - 100,000 00 ll2,4H8 O!

101,496 73 147,205 80 376,209 17 - 23,8j6 Qr) 9,9!6 87 - Hl,850 00 23, 772 10

2,605 10 20, 743 90 34,667 17 - 24,IJOO 00 26,092 72 - 200,000 00 3,-i5,:rno s9 - 2J,.540 001 IH,3,19 GO - 6 000 OU 20,:1:12 O(i - II i'.ccH ooJ 72,073 f,7 - 120,000 00 215,329 50

$143,773 86 $45, 720 72 $13:\.1190 66 $2,6(i4,77:3 61 36,03,'l 2.'> 7,9!9 58 5:3/i22 ll 500, 1,-JlJ 11 21,832 18 3, 2.'i4 34 21,917 18 20!J,(ili6 US 88,92.'> 52 18,902 83 5,9ti3 Oj 5rn,n:12 92

9,437 27 1,645 97 4,300 01 6,">,48'1 79 59,289 46 25,571 95 50,033 08 1,2.16,552 o:i

17,411 58 7,661 8,", 26,443 86 341,242 98 12,.'>46 09 6,361 12 6,423 16 139,007 3,5 40, 136 03 15,026- 83 47,0\)3 111 770,H27 92

236,22:'i 34 58,660 83 175,138 41 2, 15 7, 73 I 2S 9,600 00 6,221-1 12 5,673 li 62,497 89

16,000 00 5,063 68 12;877 791 168,291 61

25,921 41\ 6,012 46 2,770 33 199,902 25 22, 260 00 4,03,'> 52 19,112 8.'i l8;'i,lll 00 67,093 97 46,680 35 23,469 04 l, 780,061 17

12, 725 ··1 9,721 90 14,267 95 17 4,063 1:1 6,500 00 5, 121 27 5,074 45 113,54:-J 01

52,515 G6 3(i,371 97 96,779 63 741,418 8:i 122,976 52 37,919 94 130, 777 71 1,392,913 20

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Page 29: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Germania Fire, N. Y ...••••••• Girard P. and M., Pa .......... . Gloucest,cr Fire, Mass ..••••..•. Hanover Fire, N. Y .•.......... Hartford Fire, Conn ......•....

IIorne, N. Y ................. . Howard, N. Y .............. . Ins. Co. uf No. America, Pa ... .. Ins. Co. of the State of Pa., Pa. Manufacturers' & Builders', N. Y

Manufacturers' P. and M., Mass. Merchants', N. J ............. . Merchants' R I ....•••.••..•.• Meriden Fire, Conn ..••.•••.... National Fire, Conn •....•••••• National Fire, N. Y ......... ..

Neptune F. and M., Mas3 ...... . Newark Fire, N. J ........... . New HarnpshJre Firn, N. H .•••• New York Bowery, N. Y •...••• Niagara Fire, N. Y ........... . Northwestern National, Wis ... .

Orient, Conn .•..••.•••.•.•.••• Pacific .Fire, N. Y •..•• •••• Pennsylvania Fire, Pa .•.•.•.... Phenix, N. Y ................. . Phren ix, Conn ................ . Prescott, Mass ..••.•••••••••••

Providence Washington, R. I. .. Rochester German, N. Y ....••.• Security, Conn ..•.......•••.•• Shoe and Leather, Mass .•••.••• Springfield F. and M., Mass ..•. Star Firo, N Y , ............. .

572,096 85 139,511:i 061

22,640 861

688,:.127 111 l,132,5t,4 32

1,569,511 201 268,07l) 3j 97li,301 3() 1

112 6 l\J 89 74:542 4&

397,289 28 261 204 06 129'.826 09 33, 743 77

227,li88 43 18,1,\.124 56

99,585 76 164,049 01 207,409 52 21,,0.rn 73 579 -136 21 154: 2:18 07

287,306 77 "llti,31297

448, l l:I 02 937,3u2 43

1,113,:rno 47 l.Jl,519 2UI

246,391 66 184, 142 24 98,.'>80 30

23-1,440 37 716,865 75 326,539 16

4,791 31

1,391,509 87 74,586 49,

228,101 51

1,443 26

23,471 43

23,591 8:1 I

.).37 .,1 I

325,308 7011 193 00

83 125 24 250:005 221

I

100,000 00 75,000 00

4,7.~0 00 100,000 00 250,000 00

300,000 00 2.i,000 001·

500,000 00 20,412 OiJ 1:~,880 00

47,263 04 12,000 00

8,ouo 00 100,000 00

20,0UO 00

30,000 00 24,912 8.·) 20,000 00 60,000 00 70,007 00 60,000 00

80,000 00 32,000 00 40,000 00

100,00;J 00 280,000 00

16,000 00

32,052 40 lG,000 00 13,000 00

100,000 00

216,%7 44 63,412 13 4,392 31

172/>H O\J 296,U8! 07

48G,7G.5 04 51,330 Ob

483,.522 81 47,lOi 9.'i 21,224 88

8:i,621 70 87,,542 67 36,9,11 38

8,5.">5 9:1 57,2,18 16 H,832 00

19,8.U 51 J7,24(i 47 u7,'9:rn 4.'i 48,4j2 23

lli6, lj5 10 liO, 230 14

63,829 51 40,280 20

llti,711 78 4:lli,177 32 2\! 1, 231 80 32,713 72

124,450 73 56,:{ 17 07 44 344 64 77'.316 48

199,~87 21 7:1,902 09:

66,901 21 35,418 67

4,314 02 53,426 25

136,369 93

274,8,t9 49 39,975 12

140,000 00 12,800 00 19,50-! 80

61,273 85 31,50,) 46 25,740 17

4,00() 00 30,112 74 28,6\HI 43

l,'i, 15:l 34 l,>,373 91 14,344 2\J 33,248 0,> 73,323 v7 36,828 86

26,220 73 22, 731 3:l

ll;,,707 28 187,676 70 85,6.i8 25

8,\JW 50

19,635 23 l'!,361 45 15,446 80 22,00,j 65 46,05-1 49 29,352 16

26,949 77 22,264 87 l, 727 72

26.493 99 33; 274 93

55,888 88 12;427 74

103,436 95 6,371 39 3,354 12

26,942 03 15,575 21 5,501 63 1,101 61

11,327 76 11,708 42

5,0)9 54 7,48:3 32 9,997 60 5,448 67

23,95j 99 !J,88J 17

10,171 81 6,596 21

18,836 33 40,003 l.J 53 288 18'"

2:8s7 76

13,964 92 10,040 60 3, 252 01

14,o:rn 29 39,132 23 13,21,> 38

146,476 011 30,737 45

152,652 42 179,139 79

224,215 16 34,132 44

238,066 03 15 873 07 9: 70.J 00

69,226 62 40, 254 59

1,935 24 24.737 22 20,698 6\J

6,154 73 16,026 65 16,398 77 19,552 U 98,644 35 37,282 78

33 704 76 17'.5w 10

828 8:1 205,246 9! 142,91:l 37 13,858 54

55,474 38 16,662 17

3;">4 42 45,316 65

115, 189 19 54,370 481

1,128,751 28 3 66,:349 18

42,616 22 1 19-! 033 8li 2'.02s:3s3 04

2,911, 229 77 4:-IO,\lH 71

3,832,~37 Q.j 289,770 79 142,211 28

868,454 99 483,H.'i 03 21·1,44 2 5:{ 57,3:16 i',5

4.'i l, l '24 31 302,8G3 10

199,226 31 26.,,092 2 l 33G,l-1u 63 38:1.760 n

1,011,522 32 382,054 85

503,233 58 23S,449 8 l 740, 197 24

2,188,703 59 1,966,482 07

22;;,8,8 81

817,278 02 29:'i,716 53 2:,1,103 41 643, 113 (i6

1,217,128 87 497,379 27

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Page 30: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE V.-CoNCLVDED.

-~-------

p AID LossES. Paid for I ----------- Dividends Commissions Paid for Paid for

I Marine Paid. and Salaries, etc. 1 Taxes.

Fire. and Inland. Brokerage. NAME OF COMPANY.

i I All other Total Expenditures. I Expenditures.

Sterling Fire, N. Y.... •..• .••• $60,q~rn 361 $'29 641 - $18,893 22 $18,100 00 $2,182 ul $ll,088 881 $111,193 8!

Umted States Fire, 5. Y. .. .••• I0,811 561 13,m.19 78 2-l,492 GO 1.,198 28 ll,0,)2 63 3,248 4.1 10,.{BG 46 90,289 66 Un~on, ~a .••• ,... .•.. ...• ..•• 258,806 5~ 22.l,8f4 76 $39,92~ ~u 10~,006 37 31,8~~ ~O 18,_18! 4~

1

57,.7'28 ti9 n1,?2,1 68

Washington F. and M., .Mass.. 106,487 94 102,168 101

1 40,000 00 5.'J,.'>89 !)0 17,40ll 00 8,:1:13 82 I:i,8:'i5 84: :J43,89.'> 60 Westchester Fire, N. Y .. . .• •. 3W,9.':i7 55 - 30,000 00 108,819 01 26,282 4,"> 16,:167 52. 78,670 (il 581.097 H Williamsburg City Fire, N. Y .. __ 29U,03G 27 ---1 50,260 00 _ 122,,>;J6 84 52,~ 10,122 50[ 51,108 30 585,587 63

Totals .•..••••••••.•••.••• $20,516,097 66$4,130,844 40$4,555,182 75 $6,.548,996 46$2,903,312 81$1,049,931 nl $3,143,424 41$42,847,790 41

MUTUAL Cos. OF OTHER STATES. Holyoke Mutual Fire, .Mass .••. Quincy Mutual Fire, Mass ....•• Traders' and Mechanics', Mass ..

Totals •••..•••••••••••••••

Cos. OF FoREIGN CouNTRIES. (United States Branches.)

British America, Canac.l;1, ....... . City of London Fire, Eng ...••. Commercial Union, Eng ..••.... Fire Insurance Association, Eng Guardian Fire and Life, lfog .... Hamburg-Bremen Fire, llamb'rg

Imperial Fire, Eng ..••.•••.••. La Confiance Fire, .I!'rance ..... . Lancashire, Eng ....•••..•••••. Lion Fire, Eng.... . • . • . ..... L. and L. and Globe, Eng ...••• London and Lanc:ishire, Eng .•..

$47,896 7,j - $7,000 00 $12,853 80 $9,036 681 $1,080 52 $32,157 15 $110,02-! 90 19 810 74 - 36,02ll 49, l."i,416 57 9,:i75 00 l,(HO 3ti 4,78-! 06 87,017 22 15,106 8:3 - 20,296 98 7,6-!5 0-! 3,800 78 559 4,'l 150 00 47,:i59 08

$82,814 32 - $63,317 471 $:15,915 41 $22.212 461 $:3,250 33 $37,091 21 $2H,60l 20

$394,549 21 $9,500 59 - $109,933 ]91 $18,060 52 $ll,3U 79 $,">6,276 JO $,i9!l,644 40 190,579 00 - - 99,819 95 3(i,:1 l8 50 12,610 50 - 339,3:H 9."i

1,010,53:i 32 - - 275,012 4H 91,781 :n 31,356 i'J5 106,733 42 l,.">l.'i,419 Oti 503,992 12 - - 106,\)22 65 5.'i, 2.'>:3 72 11,22787 63,942 56 74 I ,:138 92 289, '24 7 26 - - 102,017 55 40,038 4:3 13,6.'iO 5,1 32,819 78 477,7i3 5G 453,197 04 - - 142,936 14 2."i,.">30 16 14,891 10 32,:378 70 668,933 14

418,638 40 - - 1 I:l,561 92 57,377 64 17,8!2 60 9, 135 5:3 616,.556 00 563,516 46 - - 197,682 17 18,94,0 68 7,101 7:i 15,908 37 803, 149 43 723,430 76 - - 171,180 37 140,360 57 27,ii40 09 l,OG2,53 l 7\:1 286,661 5;) - - 58,066 791 30,0:15 29 12,919 36 41,736 G9 429,41!) G8 I

2,0:W,764 39 - - 5:>I ,487 GO 155,839 OJ 58,03 l 02 165.66.1 42 2,961,787 44 634, 188 24 - - 186, 151 6G, 45,909 ,ii> 22,651 77 ti3,l78 04 9.'>2,27\:J lG

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Page 31: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

London 11nd Provincial, Eng ..•• London Assurance Corp., Eng ... Metropole, France ...••....... No. British and Mercantile, Eng Northern Assurance, Eng .....

North German Fire, Hamburg .. Norwich Union Fire, Eng .. Phoonix Assurance, Eng ..••.••• Queen, Eng ......••••.•••.••• Royal, Eng ....•••.•••..••..••

Scottish Union & Nat'!, Scotland Standard Fire Office, Eng ...••• Sun Fire Office, Eng ........... . Transatlanti.:i Fire, Hamburg .. . Western Assurance, Canada. ..•.

Totals........ • ••••••••••

9. 5, 752 54 - - 49,879 89 25,o.rn 50J 6,o:rn 16 36,H."i 34 ni .. 167 43, 560,716 oo - - 162,069 97 39,'2:n 4o 21,1:1u4 78 5\:l,100 02 84!!,114 11 3.'>4,384 is - - 9.'>,6!:IO 83 35,u·,n 9~

1

17 ,:1.·>9 9,., 50:1,:Hi2 97 1,061,761 62 - - 240,615 80 109,0.'>9 8:11 :14,88."i G5 137,693 99 l/>8-!,016 89

392,333 97 - - 105,840 45 39,H,> 271 17,:rn:1 31 15,756 01 570,6i9 01

2'!8,056 59 - - 50,919 58 15,402 401 8,;i8:I 71 '2.3,26:l O!l 326,2'25 37 271,98:J 46 - - 79,172 ;'>8 4,"i,Sl:I 191 9,2-tt! 29 3·1/i42 '28 441,779 80 60:1,666 31 - - 127,5(i8 24 45,Hi:I ,lti 21i,012 9.'> 79,G7,> 7."> 882,:ISG 61 9~1,747 21 - - 199,008 3ti \J,\9.°iO :1:i 31,810 61 Hl,7-18 3\l J,:-1,'i.-1,264 Hl

1,228,402 76 - - 417,738 11 123,7:14 4-! 4J,70-! 91 l0:!,814 1'2 1,916,:19-! ;34

2,'i9,826 64 - - 45,930 66 21,03.j :12 9,5-!9 :H 27,006 :39 363,3-!8 35 301,962 48 - - 128,33:3 '>l 21,77,> 42 1.·,,866 81 41:i/i.'>U (i2 514,488 81 1154, 153 70 - - 38,81i9 34 19,7,;,'j 2-1 4,4\J-! 6'2 25, Ht:1 G7 3 I 2,41i6 ,"J7 165,996 90 - - 49,829 :3'2 13,128 27 (i/>27 72 14,:3'2:l 8,) '249,806 06 641, 146 20 58,937 97

1 - 159,580 60 - 16,9-li U:-1 !JI, 129 10 %7,740 90

$14,761,210 31 $68,438 561

- I $-!,126,029 68$1,:Hi6,240 2.il $;">'l0,4iti 81 $1,:174,017 23 $22,216,412 84

RE C A PI 'l' U L A T I O N . Maine Stock Comprnies.... .... - $187,922 57 $34,7U OO: $16,880 72 $11,932 56! $8f)6 76

1

$2,46i 071 $2.-,4,811 f.8 Stock Companies of other::;ta.tes. $20,516,097 66 4,rn0,844 40 4,.1.'i;i,182 751 6,548,99ti 46 2,903,:112 81 l,04H,nl \>:! 3,lH,424 41

1

42,8i7,790 41 Mutual Cos. of other S1ates .••• 82,814 32 - 63,317 47 35,915 41 22,'212 461 3,'2.">0 31 37,09l '21 244,601 20

Companies of Fornign Countries. ~~,~~l,2~0 31 • 68,43~ ~6 •. ~- • 4, :~6,0~~ 68 1,.3G.6,2,40 2~ ~ ~~O,~~~ 8.: ~ ],:~~~'~:: :~r ~~·~l,~,m 8.-!

Aggregate ................ $3a,.l60, 122 29 :t,4,387 ,,io" a3 $4,6J3,H4 22,$10, 127,822 27 $!,303,6~8 O-s1~ I,,>, ·l,JJ.:> 8J :ii;4,a;JG,.W 1 ., 2 $6a,,>G3,hl6 13

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Page 32: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE VI.-Showing the Risks in force, Risks ivritten and Premfwms received thereon, and Losses pcdd, of Fire, Fire­Marine and 1lfarine Insurance Companies transact?'.'ng business in this State, for the year ending December 31st, 1882 .

. -~--~--------·--

RISKS IN F-ORCE, HISKS WRITTEN DURING TIIE YEAR,

Fire. and Inland. Fire. ceived thereon. and Inland. ceiv'd thereon

LOSSES PAID.

.Fire. Marine

and fnland. NAME OF CO.MPANY. I I Marine Premiums re- Marine Premiums re-

--------------- -------- ·------- ------- -------- ------- ------- ------- -------MAINE STOCK CoMPANrns.

Merchants' Marine............. - I $1, l:l6,608, - - $3,641,5,Hi $123,845 80 - $i6,481 :rn Oce.an •• •• .• •• .• • • .. .• .• •• .. . . - / 1,3~1,6~3/ - - .2,~2~,~f;I !!.?,3'l~ 3! - 4J,~38 2~ Umon.... .•.• .... ...• ..•• •••. - 8;>2,9J9 - - 3,616,3,J9 }0J,80J 09 - 6,J,6u2 91

------:----- ------- -------- ------ --·----1-------- -------Totals.................... - r $3,317,2301 - - $9,978,127 $:JU,9i3 24j - $lli7,922 57

STOCK Cos. OF OTHER STATES. $232,4 78,5921 $2,339,997 04

I JEtna, Conn. . . . • • • . . • • . •.•... $278,498,990 $654,932 $59,841,638 $19-!,3:i6 92 $1,199,279 95 $.":>7,666 53 American Central, Mo •..••••••. :!9,044,:l:19 - 40.478,!i70 603,:l,'>4 82 - 265,U,>4 £17 American Fire, N. Y ........... 52,H7,043 - 68,li3 l,862 26.'i,:193 09 - !Jli,673 42 American Fire, P.t •..••.•••.••. 54,.">86, 196 - 59,89.i 1Ll.'l 656,503 78 - - 332,8;9 1;51 Atlantic F and M., R. I •...••. 4,367,483 8.":>,9.'>:', 5,092,760 48,::30 03 1,827, li4 13,306 09 :.!7,834 19 3,377 95 .Boston Marine, Mass ....•.•.... - 9,834, 110 - - 92,945,593 1,404,001 12 940, 190 90

.Buffalo German, N. Y .•••••.••. 41,882,668 - 40,899,711 409,149 54 - - 190,898 381 Commerce, N. Y .....•• l:l,509,073 -,. 14,688,619 H 1,',61 80 - - 79,310 li3i Connecticut Fire, Conn •..••..•. 72,291,681 - 81,295,8i9 844, 103 81 - - 4;i6,li3 91 1

Continental, N. Y ....••...•.•.. 35 l,5!iB, :wi 2,359,543 303/)27,822 1,992,!i:12 94 156,132,32;> 435,070 26 1,062,79-i 971 101,496 73 Dwelling House, Mass •.•••.... 18/>72,861 - 6, l3(i,206 4:l,:H7 18 - - 7 195 731 Eliot, Mass ..........•..••.... 13, 192,375 - 14,173,125 159, i65 141 - - 90:72!:1 O·li

i Equitable F. and M., R. I ...... ] 7, 71S,519 191,075 19,606, };i9 209, 296 3,l 3,106,761 22,3.":> 7 U2 107,181 34! 2,605 10 Farragut Fire, N. Y ............ 30,8'.!8,·135 - 31,288,C26 172,998 88 - - 89 609 u1 I

Fire Association, Pa ......•..•. 210,7,">l,991 - 125,926,ltii l,7lli,788 12 - - ,,os,;,.so "I Firemen's Fire, Mass .. :W,737,491 - 14,4\.l2.0i4 l,13,098 08 - - 88,408 68 First National Fire, Mass •....•. 6,23,'i,613 - 8, 712,4-13 103, 278 \J2 - - 70 515 23 Franklin Fire, Pa.. . •.......•. ]36.828,6-101 - 57,455,807 610/1\)4 2tl - - 366, 074 021 German Amel'ican, N. Y •...••• 233,602,489 - 188,134,696 1,749,208 921 - - 765:909 53!

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Page 33: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Germania Fire, N. Y ......... · 1 135,942,802'. - I Wi,920,6891 1,279,496 471 - - I 572,096 851 Girard F. an~ M' Pa.......... 41i,33~,7~z! - • 3."i,969,281 3?6,6~! ~01 - ! I I:~,516 06 ~ Gloucester.Fire, Mass.......... ~,313,5,JI: 22,900 2,680,~9~ 3?,2.2.1 :.>4

1

113,9171 4,721 51. 22,6~0 86 4,191 31 Hanover Fire, N. Y.... .••• .. . lW,268,4611 - 126,484.ol:-i 1,223,2,13 11 - i - 688,927 11 Hartford Fire, Conn,.......... 237,918,573\ - 198,861,902 2,239,484 5! - - l,132,584 32

Horne, N. Y .......•••••••. : . • 372,:H1,26CI - 28.1,409,830 2,966, 150 51 - , - , l,569,511 20 Howard, N. Y..... . . • . . . • • • • • . 38,853,312 10,000 4:1,400,:107 4 20,668 79 10,000 650 oo! 268,07H 3.1 Ins. Co. of No. America, Pa 231,564,230 31,786,697 182,208,497 2,042,200 391 251,764,494/ 2,007,016 241 U76,301 3UI 1,391,509 87 Ins. Co. of the State of Pa., Pa.. 17,798,9371 2,105,078 17,786,465 159,707 !J5

1

22,913,3501 199,627 141 112,619 89 74,586 49 Manufacturers' & Builders, N. Y 19,069,811[ - 26,362,607

1

131,511 55 - I - f 74,f>42 48

Manufactu,rer;' F. and M., Mass. ?2,!62,0~91 1,242,839 80,154,70,", 643. ,481 ~fl 31,815,1501' 279,292 331 1~7.,;89 2~ 228,101 51 Merchants, N. J.............. 06,199,4311 58,.'>58,568 510,32-i .w - - , 2Gl,20.t OG 00

Me.r?hants'., R. I.............. 20,8,1~·1.7,"ij 50,355 21.,?79,072 23_3,42~ 73 681,8761

1 5,729 491 1.29,~26 ~~ 1,443 26 ;; Mer:den Fi.re, c,onn . .. ..•• .••• ?,831.~l~j - 6,:-i~~,28~ ~8,~~~ 97

1 - - I ~~··_43 1.4 t-:3

National Fire, Conn. .. ...• .••• 42,91.t,29t 1 41,810,64a 420,212 69i - I - , 221,b88 43 - ~ National Fire, N. Y... .• • • . . . . 29,693,0171 - 34,024,79Ij 262,U.'.i8 06

1

-

1

1 - / 184,U'.U 5G - t-:3 I I .....,

Neptu.ne ~- and M., Mass...... f~,fi3y,89?/ 1,127,0U,i 9. ,820,8. rn[ 110,?7~ O~ 626,0Hli 18,848 d ~9,58~ 76 23,471 43 ~ Newark Fll"e, N . .f. ..•• .. .. .••. 21,883,833[ - 26,010,2111 213,.19,i 26 - - ) lb4,04. 01 -New Hampshire Fire, N. H. . . . 28,148/>761 - 3.i,272,.iO\I 399,581 121 - - I 207,409 5'2 - ~ New York Bowery, N. Y... .••• 49,09.\032! - 52,221,328 358,505 23 - - I 217,059 n to Niagara Fire, Y. Y .• .• .. . . .••. 130,800,266j - 139,754,1951 1,22:i,171 56 - - i 579,4:rn 21 t'" Northwestern Nation:tl, Wis.... 35,812,2321 75,000 37 ,3G2,091! 38U,6ti5 9-i 7,796,779 62,032 21[ 154,238 07 23,591 83 ~

Orient, Conn.. . • • • • • • • . . • • . • • • 39,300,398 - I 38,575,6461 466,969 7 I - - I 287 ,306 77 . Pacific Fire! N._Y.. .... .•.• •••• 32,857,780 - 34,085,!0~ 224,~18 21 - - I 116,31; \17 Pennsylvania Fire, Pa.......... 68,849, 770 - 70, 122, 143 804,909 59 - - 448, 113 02 Phenix, N. Y. •••• ..•• .... •••• 249,357,657 9,769,211 259,486,075 2,478,059 51 91,828,421 464,317 98 937,:rn2 4:JI 282,237 05 Phoonix, Conn................. 188,849,0291' - 171,042,778 1,941,944 51 - - 1,113,390 47 Prescott, l\lass. • • • •• •• . . • • .• •• 18,650,250 - 16,619,2171 182,916 77 - - 151,519 29

Providence Washington, R. I.... ~~:·~45,?9.tj 4,4~0,73~i 56,~37,38:1 47?,·')f8 l~: 62,8?3,91~ 630,6~2 90 246,391 ~61 325,3?8 70 Rochester German, N. ¥.... ...• 29,~ll,.'129 162,08,l 33,128,47.{j 3l3,9lJ8 4,)

1

08,980 1 362 38/ 184,142 U 193 00 ~ecurity, Conn........ ... .••• 13,1~;·~6~1 7!f·;~! :8,305,~07j ,V>9,7~7 ~5 IJ,;65,~531 .1?5,~~l I~ • ?8/i80 ~O ~3,12~ 24 Sho~ and Leather, Mass........ 28,469,68.J 1,1 d.l, ,an 27,914,. 6~8i 303,416 .)1 29,991,380 329,667 961 ;3~,44? ~! 2oO,OOa 221 ;;.< ~prrni.field F. and .M.,-Mass ..•. , 1?6,?40,821 - l!~,42~,4n81 1,419,1,82 92 11~,~6n '°. - ~ 8tar ]ire, N. Y... •. • • .• •• . • •• '..!9,354,986 - a3,26.,515. 500,664 741 - 326,039 l(; - _

Page 34: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE VI.-CONCLUDED.

R1sKs 1N FoncE. RISKS WRITTEN DURING THE YEAH. LossEs PArn.

NAME OF COMPANY. I Marine I · Premiums re-1 Marine I Pemiums re- Marine Fire. and Inland. Fire. ceived thereon. and inland. lceiv'J thereon Fire. and Inland.

----- ---------- -------- ------- -------- --------,------- ------- ------- -------s_te!·ling Fire, N. Y.... . • • • . • • • $

0

13,386,446 $~~,00~ $17 ,600,646 $1?9,5?~ 6."> _ $20,00~I $1,0_2~ O? ~~i0,89~ ~6 $29 ~* Umon, Pa.................... 30,290,989 1,0.)!:i,641 42,384,414 428,9.l6 7-1 71,99l,80hl 548,8.Ja_92 2.>8,80li .l8 221,814 16 United States Fire, N. Y. .. .•. 12,:302,491 314,855 13,854,068 60,326 01 3,492,;)2:1

1

46,:345 2:i 10.811 5t: 13,0!:I!) 78 Washington F. and M., Mass... 18,331,603 4,937,684 20,403,24.3 20~l,708 21 12,54.3,033

1

llil,f.i88 60 10(\,t87 94 102,168 10 Westchester Fire, N. Y .••• .••• 81,4:JS,260 - 71,879,961 63.3,29:J 41 - 320,!I.H 5, -Williamsburgh City Fire, N. Y., 83,882,632 - 8-1,470,580 574,330 8li - - 299.036 27 -

-------1-----·-- -------- ---- ---Totals .•..••••.....•••.••. $4,448,876,30\.1 $72,143,8301$4,234,106,181 $39,104,061 16 $925,636,li,>2 $fi,!l:H,:l9G 78 $20/ll6,0!l7 6(i M,l:W,8-14 40

MUTUAL Cos. OF OTHER STATto.:s.

Holyoke Mutual Fire, Mass. . . $20,012, 252 - $6,883,623 $86, 1 I.i (i3 - - $47 ,8ll6 1.l Quincy Mutual Fire, Mass...... 26,117,977 - 7,164,728 95,7ll7 f16 - - 19,810 74: -Tmders' and Mechauics', Mass.. 17,003,~94- - 4,309,580 58,434 07 - - l.i,IOG 83 -

Totals.................... $63,13:-J,72;! - . $18,357,931 $2-W,347 2li - - I .$82,8)4. :-J2 -

Cos. oF FoR1,:1GN CoUNTRIES. (UniteJ States Br.inches.)

British America, Canada .....••• City of London Fire, Eng ..•.••• Commercial Union, Eng .....•• Fire lnsu ranee A esocia tion, Eng Guardian Fire and Life, Eng.. . Hamburg-Bremen Fire, Harnb'rgi

Imperial Fire,.Eng ....•••.••• 1

La Confiance Fire, France . . ••• Lanca~h ire, Eng .....••.•••.••• Lion Fi re, Eng ..••..••..••..•• L. and L. and Globe, Eng .....• London and Lancashire Eng .•••

$45,641,004 32,800,5:39

2_1~·~!?,8RY 0,, ,.-,2,34-,3 59, 777,999 57,29'1,545

66,781,759 7.i, 130,937

1 l:J,630,;i29 34,637,882

471,82:J,0.">2 112,8.U,123

$305,885 $50,,596,846 52,667,712

269,597, 720 90,458,871 69, 161,828 7l,2G0,800

75,045,429 96,926,085

121,872,38'.l 60/)46,8,)3

4 7.i ,9-19,4'.3."i 13 6,3 9 2, 269

$613,0Gii 3!l 628,2ti7 50

2,084,427 4ti 949,4.06 08 576,567 92 7';'5,9li8 32

803,485 12 942,388 76

1,2.rn,a8:, 11 586, 172 8-l

3,778,29/'l H 1, 182,888 2'.l

$,">,886,8821 $38,087 65 $39-l,H9 21 $9,500 59 190,.">79 00 -

1,010,."i:-J5 3 l -.io:1,n92 12 -28\),217 26 -4,i:J, Hl7 IH

418,638 40 -513:i, :"i lG 4 6 -72:3,4•>0 76 286,6Hl 55 -

2,030,7(i4 :39 -li:.14, 188 24 -

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Page 35: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

London and Provincial, Eng .••• 30,748,060 -I

41,664,0571 432,184 56 -

I

- 95, 752 54) London Assurance Corp., Eng •.. ll 2,829, 136 - 100,576,026 884,771 50 - - 560, 716 001 Metropole, France ...•...••..•• 31,257,100 - 53,631,337 676,255 5'J - - 354,384 18i No. British and Mercantile, Eng 234,960,356 - I 292, 412,5831 2,lOS,936 26 - - 1,061, 761 62]

SN orthern Assurance, Eng ..••.• 56,686,089 - 55,930,584 639,496 18 - - 392,333 97:

North German Fire, Hamburg .• 20,858,567 - 27,088,640 331,439 60 - - 228,056 59 Norwich Union Fire, .England .. 62, 751, 741 - 79,977,5431 626,896 29 - - 271,983 46 Phooni:x: Assurance, Eng .••••••• 118,998,985 - 138,715,018 1,172,650 98 - - 603,666 31 Queen, Eng .•...•••.••..••...•. 135,511,125 - 149 ,851,007 1,493, 724 73 - - 931,747 21 Royal, Eng ...••••••••..•.•••• 319,177,188 - 325,653,659 2,674,931 40 - - 1,228,402 76

Scottish Union&; Nat'], Scotland· 34,790,256 - 64,281,565 629,055 57 - - 259,826 64 Standard Fire Offiee, Eng ....•.. 70, 20 I, 7811 - 84,971,659 742,015 82 - - 301,962 48 Sun Fire Office, Eng .....•••••• 139,276,128 - 115,810,947 1, 153,950 38 - - 164, 153 70 Transatlantic Fire, Hamburg ... 21,679,530 - 23, 788,023 272,471 41 - - 165,996 90 Western Assurance, Canada ...•. 58,587,641 541,913 67,435,143 937,380 89 20,805,677 110,478 85 641,146 201 58,937 97

Totals .•..•••••••••••••••• I $2, 795,801,282 $84 7, 798 1 $3, 112,663,5211$28,937 ,482 361 $26,692,559! $148,566 50 $14, 761, 210 311 $68,438 56

RECAPITULATION. Maine Stock Companies ..•..•• • I - $3,317,230 - - $9,978,1271 $324,973 24 - $187,922 57 Stock Companies of other States.

1

$4,448,876,309 72, 143,830 $4,234, 106, 181 $39, 104,061 16 925,630,652 6,934,996 78 $20,516,097 66 4, 130,844 40 Mutual Cos. of other States..... 63,133,723 - 18,357,931 240,347 26 - [ - 82,814 32 -Companies of Foreign Countries. 2,795,801,282 847, 798 3,112,663,521 28,937,482 36 26,692,559

1

148,566 50 14, 761,210 31 68,438 56

1

----------·-------------------

Aggregate ••..••••.••••••• $7,307,811,314 $76,308,858,$7,365,127,633 $68,281,890 78 $962,301,338 $7,408,536 52 $35,360,122 29 $4,387,205 53

00 1-3 > 1-3 1-1 00 1-3 1-1 a > t"' 1-3 > t:;d t-1 ~ ?l

x x

~:

Page 36: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE VII.-Showing the business tmnsacted in Maine during the yea1· encUng Dece1nber 31st, 1882, by Fire, Fire-Marine and Marine Insurance Corrnpanies.

NAME OF COMPANY.

RISKS WmTnN. I Loss•s PAm.

Premiums re-1 Marine I Premiums re- I / Marine Fire. lceived thereon and Inland. ceived thereon Fire. and Inland.

---------------- -------· -------- ------ ----- ------- -----

Lo sees incurred.

MAINE STOCK COMPANIES. I Merchants' Marine............ - - $3,641,546 $93,511 84 - $76,481 39 $76,481 39 Ocean......................... - - 2, 720,222 65,494 04 - 41,838 211 41,838 21 Union.... . . • • •• • • . . • . •• •• .• . • - - 3,616,359 93,518 92 - 69,602 97/ 69,602 97

Taxes paid on premiums

Totals...................... - - $9,978,127 $252,524 80i - $187,922 571 $187,922 57, -

STOCK Cos. OF OTHER STA TES. 1Etna, Conn .........•••••••••• $6, 180,400[ $71, 791 02 - - $44,919 861 - $46,083 86 $432 61 American Central, Mo ..•.•••.• 302, 792 4,540 47 - - ~,633 33 - 6_,461 31 -American Fire, N. Y •....•.•.•.. 184,216 1, 799 20 - - 695 37 769 19 22 08 American Fire, Pa ....••.•••••• 219,300 2,454 76 - - 456 75 - 456 75 73 64 Atlantic F. and M., R. I ...•... 60,950 602 99 - 21 00 - 21 00 12 05 Boston Marine, Mass ...•...•••• - $559,221 00 $5,895 53 - $84 24 84 24 117 91

Buffalo German, N. Y ••.••.••.. 581,453 6,464 17 - - 6,22,5 46 - 6,225 46 4 77 Commerce, N. Y ............... l 79,3CO 1,644 52 - - 495 43 - 104 20 22 98 Connecticut Fire, Conn .•.•••.•• 1,127,400 12,307 75 - - 3,721 16 - 4,460 16 171 73 Continental, N. Y •.•• , •••••..• 710,002 9,849 97 - - 16, 728 68 - 18,123 59 -Dwelling House, Mass .•.••••.•• 140,660 l, 144 10 - - 562 95 - 562 95 22 88 Eliot, Mass .....•.•..••...•••.• 192,850 2,041 79 - - 1,068 18 - 2,368 18 40 83

Equitable F. and M., R. I. ..... 303, 186 3,091 29 - - 3,896 IO - 3,451 00 61 82 Farragut Fire, N. Y ..........• 180,365 2,067 81 - - 2,869 46 - I, 797 90 -Fire Association, Pa ....•...... 1,800,0131 26,147 65 - - 27,389 98 - 26,512 70 784 43 Firemen's Fire, Mass ....••••••• 198,1181 1,917 40: - - 1,078 58 - - 38 35 First National Fire, Mass ..•••• 337,613 4,8.'>2 361 - - 5,653 48 - 3,880 22[ 97 04 Franklin Fire, Pa •...•...•.... 841,230 10,173 63 - - 4,345 35 - 4,345 35 305 21 German American, N. Y •. ..... 1,044,575 10,936 11 - - 9,048 961 - 37 74

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Page 37: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Germania Fire, N. Y ...•.•.••. 551,747 6,374 58 - - 2,09.') 58 - 2,881 581 8.'> fi8 I Girard F. and M., Pa ...•••..•. 104,;>88 942 96 - l, 284 8!.I - l,284 89 28 29 Gloucester Fire, Mass ....••.••• 452,090 5,878 57 - - 5,670 90 - 7,706 54 117 ,'>7 Hanover Fire, N. Y •....••.••• 'l,170,9lJ4 14,229 5,"i - - 8,!.191 64 - 6,815 08 104 7,j

Hartford Fire, Conn , ...•••..•• 4,053,045 45,394 11 - - 37,261 !.17 - 34,226 311 162 64

Home, N. Y ..•.••.•••..•••••. 4,670,067 51,468 43 - - 53,590 40 - 56,791 7'1 Howard, N. Y ................. 671,966 7,514 31 - - 12,325 9!) - 14,545 81 Ins. Co. of No. America, Pa ..•• 1,498, 734 17,fi87 36 - - 17,694 13 - l3,R27 44 527 62 Ins. lJo. of the State of Pa., Pa. 33;J,42,) 4,009 38 - - 1,532 84 - 2,232 84 120 28 Manufacturers' & Builders', N. Y 243,210 2,143 69 - - 992 29 - 1,6\:.19 15 23 03

Manufacturers' F. and M., Mass. 1,008,830 8,048 Ia - - 9,978 21 - 9,978 21 160 96 Merchani', N. J .............. 34:J,805 3,.'>88 09 - - 3,823 14 - 3,823 14 71 76 m

e-:3 Morchan ' R. I ............... 1, 139,199 12,512 26 - - 11,769 40 - 11,2.H 40 250 24 > Meriden Fire, Conn .••••.•••••• 242,925 2,.">50 70 - - 801 30 - 801 30 34 9!.I e-:3

H

N utional Fire, Conn •....••.... 670,600 6,777 41 - - 2,7\Jl 43 - 2,791 4:J 79 70 m National Fire, N. Y ............ 75,650 581 90 - - 11 6-i e-:3 - - - H

0

Neptune F. and M., Mass ...••• 192,330 2,038 77 1,0.'>9 31 2,459 31 40 77 > - - - t-t

Newark Fire, N. J ............. 418,319 4,755 78 - - 4,520 62 - 3/>10 6:.! 95 10 1-3 New Hampshire Fire, N. II ..•.. 874,315 11,112 86 - - lJ 956 IHI - 13,956 Hi - > New York Bowery, N. Y .•..••. 413,498 6, ll4 88 - - ·,,, 00 - !i2:i O."i IIO 34 t:o

Niagara Fire, N. Y ............ 813,083 9,33!:s 0:-1 5~GO:l 08 4,62:-l 44 74 72 t-t - - - trj

Northwestern National, Wis .. 72,000 670 87 - - - I 13 41 ?J

Orient, Conn ....••......•..••. 642,340 6,621 88 - - 6,888 18 - 7,888 181 Pacific Fire, N. Y ............. 83,'.d5 688 04 - - - - rn rn Pennsy1 vania Fire, Pa •....•.•• 1,581,602 23,330 67 - - 19,406 8!) - 18,88\l 77 699 92 Phenix, N. Y .. ..••..•...•••••• l.0;')6,78:J 11,173 69 - - 5,484 W - 8,077 701 113 79 Phoonix, Conn ...••.••..••••••• 3,782,170 43,497 10 - - 31,038 78 - 31,8:i6 20 249 16 Pre~cott, Mass ... ............ 100,435 1,576 51 - - 1!)7 24 - 1,542 61 31 53

-Providence Washington, R. I. ... 62.j,046 7,885 34 791, 130 9,086 17 10, Hi6 41 9H5 12, 24,'> 56 339 43 Rochester German, N. Y .•...••. ' 202,!'l21 2,476 72 - - 2,500 51 - I 2/>00 51 Security, Conn ~ ..•.•••..••••.. 312,201 3,898 36 - - 3,0,9 21 - I 3,544 ;),') 16 38 Shoe and Le'lther, Mass ........ 577,912 7,372 99 - 3, 772 55 - I 3,772 55 14, 4 GI ~

-Springfield F. and M., Mass ..•. 2,0U5,746 27,356 24 - - 24,443 13, - I 25,24!! 7,"i ~47 12 ;;.< ~

Star Fire, N. Y •...•.•.•••.••. 257,665 2,996 26 - - 3, 744 431 - 3,483 43 <

Page 38: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE VII.-CoNCLUDED.

RrsKs WRITTEN. I LossEs PAID. I -------------------------- -----------·- Losses I Taxes paid

NAME OF COMPANY. I 1 Premiums re- I .Marine I Premiums re- Marine • incurred. on premiums.

--------------- Fire. '.ceived _thereonj and Inland. Jceived_ thereon Fire. _ aml Inhtnd. ] ___ .----1----· Ste:ling Fire, N. y.... . . . . . . . . $.109,?~6 $1,_3 l? 941 - ( - c ~ I - - I $3? 48 - $rl9 82 $25 7:l Umon, Pa............ . .. ...• 311,3!0 2,.39.) 99

1 $:J<>,.>12 $<>81 53 1,48<> 00 - 2,202 00 89 32

United States Fire, N. Y... . . . . 7, 100 I 79 20'1 - - - - 1 58 Washington F. and M., Mass... 193,9<.i\l, 2,086 86 - - 1,061 Si - 2,:{61 87 41 74 Westchester Fire, N. Y........ 5:l3,i>.10 6,072 53i - - 2,357 80 - 2,:1.'>7 80 74 29 Williamsburgh City Fire, N. Y. 503,672 4,79,j 3.1j - - 975 l,j - - 76 40

Totals .•...•••.•.......... $47,575,866 $5"i3,083 301 $1,445,!)23 $1.">,563 231 $447,785 3.) $ I ,069 28 1 $448,009 soi $6,827 01

MUTUAL Cos. OF OTIIER STATES. I I ' I I Ho!yoke .Mutual !ire, Mass.... $.J95,!<~~ $4,~06 4~ - , - $Hi? O? $160 00 $92 13 Quincy Mutual Fire, Mass...... 139,8J<> 2,374 Oti - II - 1,163 8, - I 1,16:1 871 47 48 Traders' and Mechanics', Mass.. 29,300 231 70

1

- - - - - 1 63

Totals.................... '$764,9551 $7,212 221

- - $1,323 871 - I $],:323 87i $144 24

Cos. OF FoREIGN CouNTRIES. / (Uni1°41 States Branches.)

British America, Canada ...... . City of London Fire, Eng ..... . Commercial Union, Eng ...•.... Fire Insurance Association, Eng Guardian Fire and Life, Eng ... Hamburg-Bremen Fire, Hamb'rg

Imperial Fire, Eng ....... ~ .... La Confiance Fire, France ....•. Lancashire, Eng ....•.•...•.... Lion Fire, Eng ................ L. and L. and Globe, Eng ...... London and Lancashire, Eng ...•

$626,5721 595,8751

1,279,077 1,497,655

585,450 H>9,350

1,847,110 l W,495 625, 124 108,96.')

2,795, 183 1, 149,048

$9,782 00 8, 130 96

18,383 87 18,544 92 5, 795 62 1,301 57

24, 156 50' 1,268 83 8, 702 15 1,164 91

32,548 73 19,295 97

------

------

$6,547 87 6 707 72

a'.739 2:1 8,974 47 6,431 12 2, 770 45

16,425 00 -

5,014 82 -

20,200 60 8,844 82

------

$6,432 76 6,707 72

14, 759 23 13,365 ,",7

6,431 12 2, 770 45

12,430 35 352 85

4,362 60 -

13,452 17 9,376 84

$64 68 28 46 72 89

191 41

154 63 25 38 73 75 23 29

246 96 209 02

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Page 39: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

London and Provincial, Eng .••• 169,070 2,031 621 - - - - 1,000 00 40 63 London Assurance Corp., Eng ... 915,608 10,771 76 - - - - 8, 182 00 215 43 .Metropole, France ..•• : . . . • . .. 729.86!1 12,723 131 - - 9,428 16 - 16,049 44 65 90 No. British and Mercantile, Eng 1,791; 750 21, 102 64 - - 16,086 10 - 18,898 60 100 33 Northe:n Assurance, Eng ...•••• 454,117 6,292 85 - - 21 18 - - 12.3 43

North German Fire, Hamburg .• 168,34/' 1,528 451 - - 305 63 - 305 63 24 46 Norwich Union Fire, Eng ....•• 103,375

l,'72 ··1 - - 1,751 58 - 1,751 58 Phmnix Assurance, Eng ..••.••• 793,758 8,921 59 - - 10,594 00 - 10,594 00 Queen, Eng ....•••.•••.•••.••• 1, 181,737 12,0(i6 09 - - 13,111 33 - 16,492 00 Royal, Eng .................... 2,835,305 41,308 70 - 20,842 95 - 20,864 111 409 31

Scottish Un.ion & Nat'l, Scotland! 116,6~8 l,!91 76] - - - - -,,. 23 83 Sta11dar<i.Fire Office, Eng....... 684,962 4,.102 531 - - 3,732 08 - 3,,47 81 15 41 Sun Fire Office, Eng . . . . . • . . . 139,672 1,360 22, - - - - - 27 2<t Transatlantic Fire, Hamburg • . . 43,400 46 l fi0 1

- - 12 00 - 12 00 9 O,'"i Western Assurance, Canada ..•. • 1 459,239 6,876 061 - - 3,190 15 - 6,390 15 73 72

Totals.................... $21,985,754 $281,690 861 - - $175,731 26 - $194,728 98 $2,221 17, ~~~~~~~~~~~~~~~~1

REC A PI'l'ULA'l' ION. .Maine Stock Companies . . • . . . • - - 1 $9,978, 1271 $252,524 80 - I $187,922 57 $187,922 57f -Stock Companies of other States· $47,.57:'),866 $j,"i3,0~:l :rn l,4-l.'l,923 15,563 2:1 $4-17,785 351 1,069 28 448,00\1 80 $6,827 07 Mutual Cos. of other States. . . . 764,9->5 7.212 22 - i - 1,32:1 87/ - 1,323 87 144 24 Companies of Foreign Countries. 21,98.i,754 281,690 86 - - 17.'"i,731 26 - 194,728 98 2,221 17

---· _________ I _____ ----- _______ 1 _____ ------ ----

Aggregate................ $70,326,57,5 $841,986 381 $11,424,050 $268,088 03 $624,840 48 $188,991 851 $831,985 22 $9, 1D2 4K

00 ..-3 > j UJ ..-3 8 > t"<

..-3 > t:, t"< t,::j

VJ

~ x ~

:t ......

Page 40: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

TABLE VIII. - Showing the Assets, Risks 'in force, anll Risks written ctml Losses paid duri11y the year, ,) I Maine ]Jfutual Fire and Fire J.Warine Insurance Companies.

I NAME OF COMPANY. I Location. I Premium I Other Assets.

notes. II

MAINE MUTUAL FIRE C<>MPANrns. 1

Bangor ........•.....•.......••. Bangor............. ..•. $87,701 081 $20,824 42 Brunswick Farmers' .............. Brunswick . . . • • • . . .. . . . . 10,630 20'' 21 08 Casco. . . . . . . . . • • . . . . . . . . . . . . . . • . Casco . . . . . . • . . . • • . . . . . • . - -Cumb.erland ...................... Cumberland............. 8,848 41

1

1?0 8~ Danville.... . .. . .. . . . • . • • • . • • • Auburn .. • . . . • . • . • • . . • . 8, 742 8:1 83 7 0<>

Eliot itnd Kittery............... Eliot................... 66,688 121 3,544 5:t "'Falmouth .................. •'•• Falmouth!............... - I -Fayette ......................... Fayette.,... . . .• • . . • . . . . 1,629 00 41 74 J!'ryeburg •..••••.•••••••.••.••.. Fryeburg . . . . . • • . . .. . .. . 9,361 77 200 00

Gorham Farmers'.. • • . • . . . • • • • . . . Gorham •......••.....•.. Harpswell. • • • • • . • • • • • • . • . • . • . . . Harpswell ............... . Harrison ....••••••••.••••.•.•... Harrison ...•••...•...•.. t Hope. • . • • • • • • • . • • • . • • • . • • • . . . . Ilope ..•.••••.••.••••.••. Jay ............................ Jay .................... .

Litchfield ........................ Litchfield ............... . Lovell . . . • • • • • • • . • . • • • • • • • • . • . . Lovell .•...•..••.••••.••. "'Monmouth ..•..•.••..•..•.•.•. Monmouth ....••.....•.• North Yarmouth ...•.•••••••••.•. North Yarmouth ...••.•..

Oxford County •.......•.•••••••.. South Paris ..•.•••••..•. Patrons' Androscoggin •...•••••.. Auburn ................ . t Penobscot.. • • • • • • • • . • • • • • • . . • . . Bangor ................. . Piscataquis .•..•.••••..•......... Dover ...•••...•..•••••• , Saco •••••• , ••••••••••••••••••••• Saco •••••••..•••..•.••••

24,64] 50 10,974 08 6,651 03 2,376 00 6,969 45

9.521 2,5 3, 132 7u

13,827 81

19,965 20 12 247 35 5o:3 u 51 58,409 68 5,542 98

100 73 116 50

71 03 85 !33

224 42

100 80 131 38

269 96 50 011

2,978 96 10,001 74 38,576 04

'fotal Asset, I Risks I Ri,ks in force. written

-------. -- ----·---

$10~,f>2.i 50 $3,649,089 001 $1,180,-!80 00 10,651 28 1,,,f>,V, oo 1~,:100 oo _ I 67.000 00 8,949 24 1s.-.,,,., oo 2o:2.·,o oo 9,57!) 87 147,061 00 36,31.'> 00

70,232 64 1,162,57,) 001 156,170 00

38,67.i oof 1,670 74 7,'l50 00 9,561 77 2-i0,800 001 71,175 00

2.!6,415 oo[ 24,7.!2 2:1 34,330 00 11,090 58 173,111 00

1

55,725 00 6,722 06 129,;iO.i 00: 23,49j 00 2,461 8:1 18,225 ool 7,193 87 125,09j 00 22,82j 00

9,622 05 267,320 00 93,300 00 3,264 08 53,020 00 7, 175 00

- -13,827 81 266, 184 00 51,142 00

20,23,) 16 399,652 00 138,395 00 11,297 35 262,467 00 83,515 00 53,290 47 1,400 00 -68,411 42 1,405,181 00 279, 148 00 u,1rn 02 481,580 00 150,886 00

~~--~~---! Losses Paid.

-----$13,579 !)5

},") 00 585 00

--

l,7J4 00 ---

-960 00 590 00 I

--

--

221 00 375 00 215 00

2,684 76 325 09

x x ~ <

H

z w Li ~ ;:,;.. z 0 t,:j

0 0 ~ s:: H (fl (fl H 0 z t,:j ~ 00 ~ ttj "'O 0 ~ ~

Page 41: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Union Farmers' ..•••••••••••••••• Union .................. I 8,211 051 171 97 8,383 02 85,650 001 12,600 00 20,433 00 Warren Farmers' ••••••••••••••••• Warren................. 5,013 591 738 10 5, 751 69 138,847 00

"'Waterford ••••••••••••••••••••• Waterford............... - - - - I

Wells •••••••••••••••••••••••••.• Wells................... 6,062 121 810 00 6,&72 12 104,250 oo; 53,675 00

Wilton .......................... Wilton.................. 9,626 70 129 79 9,756 49 148,285 001 26,300 00 Windham ....................... Windham................ 14,263 65 160 f>5 14,424 20 165,471 00 41,225 00 Woolwich ••••••••••••••••••••••• Woolwich............... 4,383 00 221 93 4,604 93 191,350 00 25,225 00

5,030 00

York County .................... Saco.................... 5,509 10 96 22 5,605 32 275,455 00[ 148,910 60 Portland Fishing ••••••••••••••••• Portland.... • • • • • • • • • • • • - 338 75 338 75 - 258,367 001 575 90

Totals...................... $471,241 151 $80,944 34 $552, 185 49,$10,520,503 ool $3,088,511 00 $26,910 70

"'No return. t Winding up. 00 8 > 8 I-' 00 8 ~ a > t'4 8 > td t'4 ttj

rn

x ~ ~ S<"

Page 42: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Page 43: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

MAINE STOCK FIRE-MARINE AND MARINE I~SURANCE COMPANIES.

ABSTRACTS COMPILED FROM THE ANNUAL STATEMENTS OF THE

STOCK FIRE-MARINE AND MARINE INSURANCE COMPANIES

OF THE STATE OF MAINE, SHOWING THEIR CONDI-

TION ON THE 3lsT DAY OF DECEMBER, 1882.

Page 44: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.
Page 45: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

MERCHANTS' MARINE INSURANCE COMP ANY.

BANGOR.

INCORPORATED IN )870. COMMENCED BUSINESS IN 1870.

MOSES GIDDINGS, President. WILLIAM B. SNOW, Secretmy.

Capital paid up in cash, $150,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) ............................ $126,000 00

STOCKS AND BONDS OWNED BY THE COMPANY,

Par value. Market value.

Bangor city bonds .•••.•.•.••• , •••••••..•. $22,000 00 $24,500 00 Portland city bonds ..................... . 12,000 00 13,400 00

Dubuque city bonds ..................... . 5,000 00 5,000 00

Bath city bonds ...• , •..•. , ..•.••••.•••••• 3,000 00 3,000 00

State of Maine bonds ................... .. 2,000 00 2,000 00 ----- ----

Total............ . • . ,, ••.•...••..••. $44,000 00 $47,900 00 47,900 00

LOANS ON COLLATKRALS,

Par value. Market value. Am't loaned.

First National Bank stock ....... $2,000 00 $2,4.00 00 $2,000 00

Second National Bank stock .•.••• 4,000 00 6,600 00 4,000 00

Kenduskeag National Bank stock. 4,000 00 5,400 00 4,000 00

Merchants' National Bank stock .• 3,000 00 5,000 00 3,000 00

Richmond National Bank stock .. 500 00 500 00 500 00

Orono National Bank stock ...... 2,200 00 2,200 00 2,200 00

Howard National Bank stock .••• 1,000 00 1,000 00 1,000 00

Town of Brewer note .•••.••••••• 500 00 500 00 500 00

Bangor Gas Company stock ....•. 1,000 00 1,000 00 1,000 00

Lockwood M:rnufact.'ing Co. stock 2,000 00 2,200 00 2,000 00

U. S 4 per cent. bonds .......... 1,600 00 1,872 00 1,600 00

Maine Central Railroad bonds .••• 200 00 24.4 00 200 00

E. and N. A. Railroad bonds ..... 500 Ou 700 00 500 00

City of Bangor bonds ............ 1,500 00 1,650 00 1,500 00 --·-- ---- ----

Total •• , •••••••••••••••••• $24,000 00 $31,266 00 $24,000 00 24,000 00 ----

Page 46: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

4 MAINE STOCK FIRE-MARINE AND

Cash in company's principal office and in bank.... . . . • . • • • . . • • • • • . . • • • $18,351 89

Premiums in due course of collection .. . . . . . . . • . . . . . • .. • . . . . • . . . . . . . . 25,474 48 Bills receivable, not ma tu red, taken for risks. . . • . • . . . . . • . . . • . . . • . • • • • 5 7, 990 04

Aggregate of all the admitted assets of the company at their actual

value............... •• • . •• •• .• . • .• • . •• • • •. ••. . • •• •• • • •• •• .• • $299,716 41

• II. LIABILITIES.

Net amount of unpaid losses and claims ............................ .

Amount required to safely reinsure all outstanding risks ...•.•...••••• All other demands against the company, viz: commissions, etc ...... ..

$21,324 00

75,791 12 171 30

Total amount of liabilities, except capital stock and net surplus....... $97,286 42

Capital actually paid up in cash.... • • • • • . • • • . . . . • • • . . • • . • . • • • • • • • • • 150,000 00

Surplus beyond capital • • • • • • • • .• • . . . • • .. • . .. • • . • • • • • • • . • • . .. • • . • • • n2,429 99

Aggregate of all liabilities, including stock and net surplus.. . . • • • $299, 716 41

III. !NCO.ME DURING THE YEAR.

Net cash received for premiums; (marine)........................... $93,511 84 Received for interest and dividends from 11.ll sources. • • • • • • • • • . • . . . • • 3,073 45

Aggregate amount of income received in cash........ • . .. . . • . • .. • $96,585 29

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (marine) .............................. .. Cash dividends actually paid. .. • . • . . .. . • • . • . • . • • • .. . ............. . Paid for commissions or brokerage ................................. .

Salaries and other charges of officers, clerks and employees .•.•.•.•..•.

$76,481 39 9,000 00 6,018 16

4, 107 56

Aggregate amount of expenditures in cash... . • . • • • • . • • • . . . . . • • • $95,607 11 -----

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Marinr. risks. Premiums.

In force December 31, 1881 •••••••••.••.•••••••••••••••• $897,412 $56,668 13

,vritten during the year .............................. . 3,641,546 123,845 80 ------ ------

Total. ••...•••..•....•....•••••.••••••.•••.•••.•••.••• $4,538,958 $180,513 93

Deduct those terminated... • .......................... . 3,402,350 104, 722 81 ------ ---·--

Net amount in force ....•••.•••.•••..•.••••.•.....• $1,136,608 $75,791 12

BUSINESS IN THE ST.ATE OF .MAINE DURING THE YEAR.

Risks taken, (marine) .••••..•.•••...•..••••••...•.•......••••..... $3, 641,546 00

Premiums received................................................ 93,511 84

Losses paid on risks taken ••.•••.•••••••.•••••••....••••...•.•••••..

Losses incurred in Maine •• , ....................................... .

76,481 39

76,481 39 --~---

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MARINE INSURANC.I!] COMPANIES. 5

OCEAN INSURANCE COMPANY.

PORTLAND.

INCORPORATED IN 1832. COMMENCED BUSINESS IN 1833,

GEORGE A. WRIGHT, President. RICHARD 0. CON ANT, Secretriry.

Capital paid up in cash, $140,000.

I. ASSETS.

Real estate owned by the company, unincumbered.... . • • • . • • • . • • • • • • • $75 1000 00

STOCKS AND Bo)rns OWNED BY THE COMPANY.

Canal National Bank stock •.•••.•••.•••.•••

Casco National Bank stock ............... ..

Cumberland National Bank stock ........... .

First National Bank stock ................ ..

Merchants' National Bank stock ..••.•••...•

National Traders' Bank stock .....•.•.••..••

Portland Company stock ................... .

Portland, Bangor and Machias Steamboat

Company stock ......................... .

Par value. Ma.rket val!te.

$3,600 00

10,800 00

2.000 00

11,500 00

22,650 00

6,900 00

2, 200 00

150 00

$6,084, 00

18, 144 00

3,000 00

19,20;°> 00

36,542 00

10,971 00

2,200 00

150 00

Total..... . .. • • .. . . • .. . .. . .. .. .. .. . . • • $59,800 00 $96,296 00

LOANS ON COLLATERALS,

Par value. Market value. Am't loaned.

Leeds & Farmington R. R. bonds .. $1,000 00 $1,110 00 $1,000 00

Maine Central R. R. bonds •.•...• 3,000 00 3,660 00 3,000 00

Portland & Kennebec R. R. l:>onds. 1,000 00 1,120 00 1,000 00

Northern Pacific R. R. bonds .•..• 5,000 00 5,100 00 5,000 00

International Telegraph Co. stock. 10,000 00 3,500 00 3,300 00

Portland Water Co. 1st mort. bonds 2,500 00 2, 700 00 500 00

Portland Water Co. 2d mort. bonds, 5,000 00 5,450 00 5,000 00

Miscellaneous ..••.••.•••••••.••• 160 00 160 00 160 00 ---- ---- -----

Total ..••••••••••••.••.•••• $27,660 00 $22,800 00 $18,960 00 ---- --~--·----- ----

Cash in the company's principal office and in bank •.•••.•••.•..••••••

Interest due and accrued ...•.•..••.•••..•..•••.•••.••••.••••••..••

Premiums in duo course of collection ............................... .

Due for reinsurance, etc •...•..••••. , • , .•••.•••••••.•••.•• , •••.•••.

Aggregate of all the admitted assets of the company at their actual

96, 296 00

18,960 00

17,019 32

3, 225 OG 68.287 55

26,028 00

value . , .•••.•.•...•.•••.•••.•••.•• , .. , .•••••..•••• , . • • • . • • • $304,815 87 -·---

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6 MAINE STOCK FIRE-MARINE AND

II. LIABILITIES.

Net amount of unpaid losses and claims, (unadjusted) ...••...•...•....

Amount required to safely reinsure all outstanding risks ............ .. All other demands against the company, viz: commissions, etc ..••.•••

Total amount of liabilities, except capital stock and net surplus ......•• Capital actually paid up in cash .............................. .. Surplus beyond c1tpital ..••..••..••.....••....•..••..•...••........

$2,617 58

67,805 92

616 00

$71,039 50

140,000 00

93,776 37

Aggregate of all liabilities, including stock and net surplus . . . . . . $304-,815 87

III. INCOME DURING THE YEAR.

Net cash received for premiums, (marine)........... .. .. .. .. . . . . . . .. $6;;,4-94 04

Received for interest and dividends from all sources.. . . . . • . . . . . . . . . . . G,884- 19 Income from rents. . • • • • • • • . • • • • . . • • • • • . . • • . . • • . . • • . . . . . . • . . . • . . . • • 2,085 58

Aggregate a.mount of income received in cash.... . . • • . . . • . . . . . . . . $7 4,463 81

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (marine) ............................... . Cash dividends actually paid ..................................... .. Paid for commissions or brokerage ................................. .

Salaries and other charges of officers, clerks and employees ..••.•••..•• Paid state, national and local taxes ..•••.•••.•••..••......••...•...• All other expenditures, viz: general expenses .•...•.••••.....••••...

$41,838 21

12, 714 00

4, 209 54

3,625 00

896 76

659 68

Aggregate amount of expenditures in cash....................... $63,943 19 --------

V. MISCELLANEOUS.

RISKS AND PREmIUMS.

Marine risks. Premiums. In force December 31, 1881. •• .. .. .. . ... .... .. .. ... • .. .. $1,036,465 $47,564 52

Written during the year................................ 2,720,222 95,322 35

Total................................................. $3,756,687 $142,886 87 Deduct those expired and terminated ..••.•••......••.••• 2,403,524 75,080 95

In force at end of the year................. . .. • .. .. .. .. $1,353, 163 $67,805 92 Deduct amount reinsured............................... 25,500 1,208 00

Net amount. in force................................ $1,:127,663 $66,597 92 ----- -~-----

BUSINESS ID THE STATE OF MAINE DURING THE YEAR.

Risks taken, (marine) •...•••.•..••...•...•.....•....••••••.•.•. , •. $2, 720, 222 00

Premiums received ..••.•. , . . • • . • • . . . . . • • • • . . . . . • • . . . • • . • • • . • . • . • • . 65,494 04

Losses paid on risks taken.......... . . .. .. .. .. • . .. .. .. .. .. .. .. .. .. .. 41,838 21

Losses incurred in Maine ....••..••.•••.•••..••.•••..•......•.. , . . . 41.838 21

Page 49: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

MARINE INSURANCE COMPANIES. 7

UNION INSURANCE COMP ANY.

BANGOR.

INCORPORATED IN 1862. ComrnNCED BUSINESS IN 1862.

ARAD THOMPSON, President. A. F. STETSON, Secretary.

Capital paid up in cash, $100,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) ••••.•••

STOCKS AND BONDS OWNED BY THE COMPANY.

Bangor city bonds, 6s •.••••••••••••.••••••• Bangor city bonds, 7s ••••••••••••••••••.•••

Bath city bonds, 6s ....................... . Belfast city bonds, 6s ..................... .

Rockland city bonds, 6s .................. .. Dubuque city bonds, 6s •••••••••••••.••••••• St. Paul city bonds, 7s .................. , ... St. Paul city bonds, 5s ........... , ••• , •••••• Bucksport bonds ••••••••••..••••••••••••••• Stillwater bonds, 5s .••••••••••••••••••••••• Maine Central R. R. bonds, 6s ..•••••••••••• Union Pacific R. R. bonds, 6s ............. ..

U.S. Government bonds, 4s ................ . State of Maine bonds, 4s .................. .. E. and N. A. R. R. stock .................. .

Par value. Market value.

$34,ooo oo $35, 700 ·oo 6,000 00

4,000 00 5,500 00

8,000 00 5,000 00

11,000 00 5,000 00 5,000 00 6,000 00 2,000 00 4,000 00

7,000 00 10,000 00 5,000 00

6,600 00 4,000 00 5,500 00

8,000 00 5,000 00

12,100 00 5,000 00 5,000 00 6,180 00 2,000 00 4,200 00

7,000 00 10,000 00 5,000 00

$57,08i 50

Total. ................................ $117,500 00 $121,280 00 121,280 00

LOANS ON COLLATERALS,

Par value. .Market value. A m't loaned.

Second ~ational Bank stock ...... $1,000 00 l First National Bank stock ..•.••• 200 00 $1,500 00 $937 50 Merchants' National Bank stock .• 500 00 600 00 375 00

Bangor Gas Light Co. stock ••.••• 2,500 00 2,500 00 1,500 00

Bangor Gas Light Co. stock .••.•• 1,200 00 1,200 00 750 00

Bangor Gas Light Co. stock •..••• 600 00 600 00 375 00

Ban~or Gas Light Co. stock ...••• 200 00 200 00 loO 00

U.S. Government bonds, 4s ...... 200 00 236 00 150 00 ---- ---- ----

Total ....•••••••••••••••••• $6,400 00 $6,836 00 $4,237 50 ----------. ~---- ------ ----

Cash in company's principal office and in bank •..•••••••••••••••••••• Interest due and accrued •..••••••••••••••••••••••••••••••••• , •••••• Premiums in due course of collection ••••••••••••••••••••••••••••••••

4,237 50

15,932 58

2,440 67 14,986 36

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8 MAINE STOCK FIRE-MARINE AND

Bills receivable, not matured, taken for risks •••••••••••••••••••••••• All other assets ....•••.•••.•••••••••••••••••••.•••••••..•. , •••.•••

Aggregate of all the admitted assets of the company at their actual

$54,363 27 500 00

value ......... •.• •• ~. . . .. • • • • . • • • • • • • • • • . • • • . .. • • • • • • • • • • . . • • $270,827 88

II. LIABILITIES.

Net amount of unpaid losses and claims, (unadjusted)................ $16,555 00 Amount _required to safely reinsure all outstanding risks ••.••.•••.• , . 57,172 32 All other demands against the company, viz: commissions, etc..... • . • • 500 00

Total amount of liabilities, except capital stock and net surplus ....... . Capital actually paid up in cash .•••......•...•...••.••••••••••.•••• Surplus beyond capital .••.•••••••••.••••••••••••••.•••••••..•..•••

$74,227 32 100,000 00 96,600 56

Aggregate of all liabilities, including stock and net surplus... . • • • $270,827 88

III. INCOME DURING THE YEAR.

Net cash received for premiums, (marine) .......................... . Received for interest and dividends from all sources ..•••.•••.••••...•

$93,518 92 11,050 19

Aggregate amount of income received in cash.... . • . • . . • • • • • . • • • • $104,569 11

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (marine) •••• , •••.••• ,................... $69,602 97 Cash dividends actually paid............................... .. • • • .. • 13,000 00 Paid for commissions or brokerage ................... , ........ ·.••••• 6,653 02 Salaries and other charges of officers, clerks and employees.... . . . • • • • • 4, 200 00 All other expenditures, viz: general expenses~ •..••.••• , ••••••• ,. • • • • 1,805 39

Aggregate amount of expenditures in cash....... • • • • • • • . • • • . • • • . $95,261 38

V. MISCELLANEOUS.

RISKS AND PRE!l[IU!l[S,

Marine risks, Premium!!, In force December 31, 1881. ................... , •••...•. $816,146 $52,681 74 Written during the year •.. , , , •••.•.••••... , • , .•. , , •••• 3,616,359 105,805 09

----- -----Total. ....•.••.••••.•••••• , •••••••••••.••.•• , •..• , $4,432,505 $158,486 83

Deduct those expired and terminated .•...•••• , • , ••• , •. , , 3,579,546 101,314 51 ------ -----

Net amount in force. $852,91>9 $57,172 32

BUSINESS IN THE STATE OF MAINE DURING THE YEAR!

Risks taken, (marine) ..•••.•••••••..•• , • , , ..•••••.•.•• , •••••••.••. $3,616,359 00 Premiums received .•••••••..•. , ••••• , • , • , ••• , •••••.••• , •••.•••. , • . 93,518 92 Losses paid on risks taken •.. , . , •• , , •••.••••••••••••••• , • • • • • • • • • • • 69,602 97 Losses incurred in Maine... • • • • . • • • . • • • • • • • • • • • • • • • . • • . • • • • • • • • • . • . 69,602 97

Page 51: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

STOCK FIRE, FIRE-MARINE AND MARINE INSURANCE COMPANIES O:F OTHER STATES.

-----·---ABSTRACTS COMPILED FROM THE ANNUAL STATEMENTS OF THE STOCK

FIRE, FIRE-MARINE AND MARINE INSURANCE COMPANIES OF

OTHER STATES, AUTHORIZED TO DO BUSINESS IN THE

STATE OF MAINE, SHOWING THEIR CONDITION

ON THE 3lsT DAY OF DECEMBER, 1882.

4

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Page 53: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

JETNA INSURANCE COMPANY.

HAR'fFORD, CONN.

INCORPORATED IN 1819. COMMENCED BUSINESS IN 1819.

LUCIUS J. HENDEE, President. JOTHAM GOODNOW, Secretary.

Capital paid up in cash, $4,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered....... • • . • . . . • • • • • $358,000 00

Loans on bond and mortgage, (first liens) . . . . .. • •. • • .. . • .. • • .. .. .. .. 46, 727 00 Stocks and bonds owned by the company, market value................ 7,349,916 72

Loans secured by collaterals........................................ 24,890 00 Cash in company's principal office and in bank....................... 9-!0,730 25

Interest due and accrued .. .. .. • .. • •• .. .. . . • • • • .. .. .. .. • • .. .. .. .. • • 1,376 37

Premiums in due course of collection................................ 332,970 24

Aggregate of all the admitted assets of the company at their actual value .•.••••.•••.•••..•..••••.••.•••...••...•.•..••••.••••.. $9,054,610 58

II. LIAEILITIES.

Losses adjusted and unpaid............................ $55,077 10 Losses unadjusted, including all reported and supposed

losses . . • . . . . . . . • . . . . . • . . . . . . • • . . . . . . . . . . . . . . . . . • • • 150, 733 27 Losses resisted, including interest, costs and expenses.... 20,661 52

Gross amount of claims for losses....... . • . • • • • • •• • • $226,471 89 Deduct reinsurance and salvage.................... 2,500 00

Net amount of unpaid losses and claims.... • .. .. .. •• .. .. .. .. .. .. ... • $223,971 89 Amount required to siifely reinsure all outstanding risks.............. 1,572,097 80

All other demands against the company, viz: commissions, etc . ... .. .. 65,358 77

Total amount of liabilities, except capital stock and net surplus .....••. $1,861,428 Hi

Capital actually paid up in cash................ • . .. • .. • .. .. .. .. .. .. 4,000,000 00

Surplus beyond capital ............................................ 3,193,182 12

Aggregate of all liabilities, including stock and net surplus •... , •. $9,054,610 58

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12 STOCK FIRE, FIRE-MARINE AND MARINE

III. INCOME DURING THE YEAR.

FirP.. Inland .

.Net cash received for premiums ........... $2,167,9.">4 06 $147,910 86 -----·--- ------$2,315,864 92

Heceh·ed for interest and dividends from all sources.................. 418,199 37

Income from rents..... • ..••••.•.•....••.•..••..•..•••.•••.•..•.•• 9,442 56

Aggregate amount of income received in cash .................... $2,743,506 85

IV. EXPENDITURES DURING THE YEAR.

Fire. Inland.

Net amount paid for losses ••••••••.•••••.• $1,11)9,279 95 $57,666 53 ---- ----$1,256,946 48

Cash dh·idends actually paid ..• Paid for commissions or brokerage ...•...••..••••••••.••.•••••••••••

Salaries and other charges of officers, clerks and employees .••••.•...•.

P,iid State, national and local taxes..... • . • • . . • • • • . • . ............. . All other expenditures, viz: general expenses .••.•••..•...•......•.•.

720,000 00

362,741 89

143,773 86

45,720 72 135,590 66

Aggregate amount of expenditures in cash •..•••..••....••••••••. $2,664, 773 61

v. MISCELLANEOUS.

In force December 31, 1881. Written during the year .•..

Total ...•.••.•.•.•••..••••

Deduct those expired and

RISKS AND

Fire risks.

$275,570,466 232,478,592

------$508,049,058

terminated. . . . . • • • • . • • • 226,648,287

In force at end of the ye:u .. $281,400, 771

Deduct amount reinsured •. 2,901, 781

Net amount in force •••• $278,498,990

PREMIUMS.

Premiums.

$2,944,813 07 2,339,997 04 ------$5,284,810 11

2, 245,031 86 ----·

$3,039, 778 25

31,213 34 ------$3,008,564 91

Inland risks.

$655,450 59,841,638

·------$60,497 ,088

59,842,156 ----·

$654,932

------$654,932

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Premiums.

$26,064 95 19-1,356 92

------$220,421 87

201,546 27 -------

$18,875 60

------$18,875 60

--~-~-

Risks taken, (fire) •••••.••.••••••.••••••••••••••••••••••••.••.•••. $6, 180,400 00

Premiums received................................................ 71,791 02

Losses paid on risks taken.......... . . • • • • • • • • • • • • . • .• • • • • • • .. • • . • • • 44,919 86 Loi,,ses incurred in Maine •.••••.••.••••••.••••••••••...•••••••••••• 46,083 86

432 61 Amount of taxes paid to the State of Maine on premiums ..••••.••••••• ====

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INSURANCE C0;\,1PANIES OF OTHER STATES. 13

AMERICAN CENTRAL INSURANCE COMPANY.

ST. LOUIS, MO.

INCORPORATED lN 18i>3. ComfENCED BUSINESS I~ 18."i3.

GEORGE T. CRAM, President. CHARLES CHlUSTEXSEN, Secrrtary.

Capital paid up in cash, $600,000.

I. ASSET3.

Stocks and bonds owned by the company, market value ....••.........

Loans ;,eeured by collaterals ....•.•...............•.•..............

Cash. in the company's principal office and in bank ................... . lnterest due and accrued ......•....................•.•...•.......•

l'remiums in due course of collection •....•...•..••••.••...•...•...•

.Aggregate of all the admitted assets of tho company at their actual

$8:i0,109 00

195,000 00

GS,337 4G

2,640 00

72,277 27

value ...................................................... $1,188,363 73

II. LIABILITIES.

Losses adjusted and unpaid ...................•.•••.••.

Losses unadjusted, including all reported and supposed losses .......•...............................•••....

Losses resisted, including interest, costs and expenses ..••

$21,275 55

25,737 00

8,265 00

Gross amount of claims for losses.................. $,'>5,277 55

Deduct reinsurance and salvage.. . . . . . • . . . • . . • • . . • • 7, 251 4G

Net amount of unpaid losses and claims. . . • . . . . . . • • • . • • • . . . . . . . . . . . . $48,026 09

Amount required to safely reinsure an outstanding risks.............. 295,401 47

All other .demands against the company, viz: commissions, ete........ 11, 101 GO

Total amount of liabilities, except capital stock and net surplus ...... .

Capital actually paid up in cash ................................... . Surplus beyond capital ........................................... .

$354,529 16

600,000 00

233,834 57

Aggregate of all liabilities, including stock and not surphis. '. ..... $1,188,363 7:1

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .. .. . . . . . . .•• ... . ..• • .. •• . •• • $487,567 29

Received for interest and dividends from all sourees.. .. . • . . . . . . . . . . . • 62,644 50

Income from all other sources... . . . . . . . . . . . . . . .. . . . • • . • • . • . . . .. • . . • • 70 I 00

Aggregate amount of in.eom,e received in eash.... .. • . •• . . .• .• ..• • $::i50,912 79 ·------·

Page 56: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

14 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. . Cash dividends actually paid ....................................... . Paid for commissions or brokerage .....•.•.•••••.•.•.•••.•••..•..•.• Salaries and other charges of officers, clerks and employees .•..•......• Paid State, national and local taxes ............................... ..

All other expenditures, viz: general expenses •..••.••••••.••.•••..••

$265,954 97

68,023 50

68,664 70 36,035 25

7,949 58

53,522 11

.Aggregate amount of expenditures in cash.......... • • • • • • • . . . . • $500, 150 11

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881....... .... .. .. .. .. .. • • ... • $35,144,647 $517,140 50

Written during the year.............................. 40,478,670 603,354 82

Total............................................... $15,623,317 $1,120,495,32

Deduct those expired and terminated.................. 33,715,739 504,085 69

fo force at end of the year....... • • . • .. .. • • • • • .. • .. • • $41,907,578 $616,409 63 Deduct amount reinsured..... •• .. .. • • •••• ... • .. .. .. .. 2,863,249 52,125 99

Net amount in force.............................. $39,044,329 $564,283 64

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire)........ •• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . . • • . • $302,792 00 Premiums received .............................................. .. Losses paid on risks taken ••..••...••.••••••••••••••••..•.•.••..••.• Losses incurred in Maine.. . .••.•.•...•.•••.•••.•••.••• , .•.••......

4,540 47 5,633 33 6,461 31

--------

Page 57: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INt:,URANCE COMPANIES OF OTHER STATES. 15

AMERICAN FIRE INSURANCE COMPANY.

NEW YORK CITY.

INCORPORATED IN 1857, COMMENCED BUSINESS IN 1857.

JAMES M, HALSTER, President. DAVID ADEE, Secretary ..

Capital paid up in cash, $400,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) ......................... .. Stocks and bonds owned by the company, market value ..••••••••••••• Loans secured by collaterals .••••••••.•••••••••••••••••••••••••••••• Cash in the company's principal office and in bank • , ••••••••••••••••• Interest due and accrued •••••..••••••••••••••••••••••••••••••••••• Premiums in due course of collection .•••••••.•••••••••••••••••••••••

Aggregate of all the admitted assets of the company at their actual

$108, 720 OOi 889~820 00

42,000 00 43,679, SI,

2:,.&74. 91 23.,270 72 _

value ...................................................... $1,110,Q65 44.

II. LIABILITIES.

Net amount of unpaid losses and c!aims, (adjusted)................... $10,566 00 Amount required to safely reinsure all outstanding risks.............. 119,178 30 All other demands against the company, viz: commissions, etc • • .. .. • • 21,184 23

Total amount of liabilities, except capital stock and net surplus ...... . Capital actually paid up in cash ................................... . Surplus beyond capital ........................................... .

$150,928 53 400,000 00 559,136 91

Aggregate of all liabilities, including stock and net surplus ........ $1,110,065 44

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................. .. Received for interest and dividends from all sources ................ .. Income from all other ,murces , •••••••••••••••••••••.•••••••••••••••

$217,534 81 46,269 00

996 67

Aggregate amount of income received in cash.... • • • • • • • • • • • • • • • • $264,800 48

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16 STOCK FIRE, FIRE-MARIXE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................. .. Cash dividends actually paid •..••••••••••••••••.•••.•••.•... , .•.•.•

Paid for commissions or brokerage ..••••••••.••.••••.•••••.••••••...

Salaries and other charges of officers, clerks and employees •••••••.••.•

Paid State, national and local taxes •.•••••••••••.•••.•.•••..••.••.••

All other expenditures, viz: general expenses .•••..•.••.•••••.•••••••

$96,673 42 35,203 96

30,785 90

21,832 18

3,254 34

21,917 18

Aggregate amount of expenditures in cash . . • • • • • • • • • • • • . . . • • • • • $209,666 98

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

In force December 31, 1881... •• •• .. .. .. .. •. . • .. . • ... • $40,433,114 $169,833 32

Written during the"year..... ... • .. • • •• •• .. • • .. • • •• .. 68,631,862 265,393 09

Total .............................................. $109,064,976 $435,226 41

Deduct those expired and terminated ....•.•••......... 51,876,227 184,195 37

In force at end of the year............................ $57,188,749 $251,031 04

Deduct amount re insured..... • • • • . • • • • • • • • • • • . • • • • • • • 4, 7 41, 706 22, 115 40

Net amount in force............................. $52,447,043 $228,915 64

BUSINESS IN THE STATE OF MAINE DtrRING THE YEAR,

Risks taken, (fire) ............................................... . Premiums received .•••••••••••••••••••••••.••••••••••••••••••••••• Losses paid on risks taken. . • • • • • • • • • . • • • • • . . .•••••••••••• ~ •••••••••

Losses incurred in Maine ..••••••.•.•••••••••••••••••••••••••••••••

Amount of taxes paid to the State of Maine on premiums, •.•••••••••••

$184,216 00 1,799 20

695 37

769 19

22 08 ----------

Page 59: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMPANIES OF OTHER STATES. 17

AMERICAN FIRE INSURANCE COMP ANY.

PHILADELPHIA, PA.

INCORPORATED IN 1810. COMMENCED BUSINESS IN 1810.

THOS. A. MONTGOMERY, President. ALBERT C. S. CRAWFORD, Secretary.

Capital paid up in cash, $400,000.

I. ASSETS.

Real estate owned by the company, unincumbered .•....••...• , . . . •. . • $141,100 00

Loans on bond and mortgage, (first liens).... . . . . • • • • . . . • • • . . . . • . . • • • 281,889 50

Stocks and bonds owned by the company, market value............... 1,016,085 25

Loans secured by collaterals........................................ 201,250 00

Cash in the company's principal office and in bank ....••............•

Interest and rents due and accrued ................................ .

Premiums in due course of collection •••..••.•••• ~ ••.•••••••.••..•••

Aggregate of all t,ho admitted assets of the company at their actual

17,970 63

17,638 81

36,597 95

value ..•.••••••••••.••••••...••••••••••••••.••.••••..••.••. $1, 712,532 14

II. LIABILITIES.

Losses adjusted and unpaid............................ $19,006 47 Losses unadjusted, including all reported and supposed

losses .•.....•..•••. , ••...•. , ....•..•••...•••••••.••

Losses resisted, including interest, costs and expenses ...• 33, 792 00

8,000 00

Net amount of unpaid losses and claims................. • . . . . . . . . • • • $60,798 47 Amount required to safely reinsure all outstanding risks., ••.•...• ,... 337,119 24 All other demands against the compa.ny, viz: commissions, perpetual

policies ..•.•..•••....•..•••....•......•••.•.••...••.......•.... 287,080 44

Total amount of liabilities, except capital stock and net surplus....... $684,998 15 Capital actually paid up in cash.... . • • • . • • • . . • • • • • • • • • • . . . . . . • • .. . • 400,000 00

Surplus beyond capital.. ..•.• ,. . . • . . . • • . • • • . • • • • • • • . . • . . . . • . . . • . • • • 627,533 99

Aggregate of all liabilities; including stock and net surplus ..•... $1,712,532 14

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $569,473 38

Received for interest and dividends from all sources ............... ,.. 64,643 87

Income from all other sources.......... • • • • • . • • • • • • •• • • • • • • • . • . . • • • 8,649 93

Aggregate amount of income received in cash.... • • • • • • • . • • • • . . • • $642, 767 18

Page 60: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

18 STOCK FIRE, FIRE-MARINE AND MARINE.

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................. .. Cash dividends actually paid ...................................... . Paid for commissions or brokerage ................................. . Salaries and other charges of officers, clerks and employees .•••••••.••• Paid State, national and local taxes ................................ . All other expenditures, viz: general expenses .•..••.•••••.••••.••••••

$332,859 65 39,290 00 93,991 87 88,925 52 18,902 83 5,963 05

.Aggregate amount of expenditures in cash ....... ~-.............. $579,932 92

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

In force December 31, 1881... •• •• .. .. .. .. .. .. • .. • .. .. $42,017,887 $456,425 67 Written during the year...... .. .. .. • • .. .. • .. • .. • • .. • • 59,895,015 656,503 78

Total ............................................... $101,912,902 $1,112,929 45 Deduet those expired and terminated.. • • . • • • • • . • • • • • • • 46,069,483 462, 702 46

In force at end of the year... .. .. .. .. • .. • .. .. • .. • .. .. $55,843,419 $650,226 99 Deduct amount reinsured .. .. ... • .. .. .. • • .. .. ... • .. . • 1,257,223 16,654 14

Net amount in force............................. $54,586,196 $633,572 85

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken (fire)......... .. • • . . . • • .. • .. .. . • • • • • • . .. • • .. .. .. • • .. • • $219,300 00 Premiums received ............................................... . Losses paid on risks taken .•.•••••.•••••• , • , ••••••••.•••••••..•• , .•• Losses incurred in Maine •..•••••.••.•••..•••••••.••••.•.•.• , , ••.••• Amount of taxes paid to the State of Maine on premiums •••••••••••••

2,454 76 456 75 456 75

73 64

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INSURANCE COMPANIES OF OTHER STATES. 19

ATLANTIC FIRE AND MARINE INSURANCE COMPANY.

PROVIDENCE, R. I.

INCORPORATED IN 1852. COMMENCEif BUSINESS IN 1852,

J. S. PARISH, President. T. W. HAYWARD, Secretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered .•.••••••••••••••••• Stocks and bonds owned by the company, market value .•••.••••••••.• Cash in the company's principal office and in bank ••..•••...••.•.••••• Premiums in due course of collection .............................. .. Bills receivable, not matured, taken for risks •.••.•••.••••••••••••••• Rents, etc .•••••.•...•••••••••.....•••••••...•.•• , .•.•.••..•••.•.•

Aggregate of all the admitted assets of the company at their actual

$153,280 26 86, 723 00

2,434 73 6,355 25

735 00 4,409 70

value............. • . • • . . • • • . • • . . • . • • • • . • • • • • • • • • • • • . • . • • • • . . $253,937 94

II. LIABILITIES.

Losses adjusted and unpaid ........................... . Losses unadjusted, including all reported and supposed

losses., .....•.•..••...•..•.••.•..... , ••...•.•••.••• Losses resisted, including interest, costs and expenses, •••

$2,469 81

3,056 25 3,000 00

Net amount of unpaid losses and claims ............................. . Amount required to .safely reinsure all outstanding risks ..••..•••.••.• All other demands against the company, viz: commissions, etc •••• · ••••

$8,526 06 23,818 82 8,595 76

--~--Total amount of liabilities, except capital stock and net surplus • • • • . • • $40,940 64 Capital actually paid up in cash.... • . • • .. . • .. • • • • • • • • • • • • • • • • • • .. • • 200,000 00 Surplus beyond capital.... . • .. .. . • • .. • .. .. • .. • .. .. .. • • •• • • •• .. .. • • 12,997 30

Aggregate of all liabilities, including stock and net surplus....... $253,937 94

III. INCOME DURING THE YEAR.

Fire. Marine.

Net cash received for premiums. . • . . • • • • • $44,040 17 $7,147 32 ---- ---- $51,187 49

Received for interest and dividends from all sources ••••••••••••••.••• Income from rents •••••••••••••••••••••••••••••.•••••••.•••••••••••

3,019 29

9,526 18

Aggregate amount of income received in cash.... • • • • • • • • . • • • • • • • $63, 732 96

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20 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPEND:'.:.'URE8 DURING THE YEAR.

Vire. Marine.

Net amount paid for losses................ $27,83-i 19 $3,377 95

Cash dividends actually paid .•••••••.•.•...•.•••...•.••...••.•••..•

Paid for commissions 01· brokerage·•.... . . • • . . • • . . • . . ...•••..••.•••

Rabries and other charges of officers, clerks and employees ••.•••.•••..

Paid State, national and local taxes ................................ . All other expenditures, yjz: general expenses ..•.•.....•••..•....•..•

Aggregate amount of expenditures in cash... . • . • • ••.•••..••..•.

V. .MISC~LLANEOUS.

RISKS AND PREMIUMS,

$31,212 14

ll,911 00 6,979 40

9,437 27

l,645 97 4,300 01

$65,485 79

Fire risks. Premiums. Marine risks, Premium.~.

In force December 3 I, 1881 .••• $5,943,807 $68,969 54 $248,910 $4,.588 24 Written daring the year .••... 5,092,760 48,330 03 l,S27,Ii4 13,306 09

------ ------ ----- ----Total .•..•.••.•..••••.•••.••• $11,036,567 $ll7,299 57 $2,076,084 $17,894 33 Deduct those expired and

terminated.... • ••••••••••• 6,417,645 68,136 98 1,863,885 15,421 17

In force at end of the year.... $4,618,922 $49,162 59 $212,199 $2,473 16

Deduct amount reinsured...... 251,439 2,995 25 126,244 1,773 26

Net amount in force .••• $4,367,483 $46,167 34 $85,955 $699 90 ~~---~-- ----- ---- -----

BUSINESS 'N THE STATE OF MAINE DURING TOE YEAR.

Risks taken, (fire) ............................................... . Premiums received .••.•..••••••••••••••••••••••• , ••••••••••••..••• Losses paid on risks taken •.•••.....••••••.••••.•••••••.••.••••••••

Losses incurred in Maine .•••••••.•••.•••••.•..••..•..•.•...•••••.. Amount of taxes paid to the State of Maine on premiums .•.•••••• , •.••

$60,950 00 602 99

21 00 21 00 12 05

-----,

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INSURANCE COMPANIES OF OTHER STATES. 21

BOSTON MARINE INSURANCE COMPANY.

BOSTON, .MASS.

INCORPORATED IN 1873. ComrnNCED BUSINESS IN 1874.

RANSOM B. FULLEK, President. THOMAS H. LOR!), Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) .......................... ..

Stocks and bonds owned by the company, market value .....•.....•..•

Loans secured by collaterals •............•.•...........•...........•

Cash in company's principal office and in bank ..................... .

Interest due and accrued .............•.•....•....•••....•.•••.••••

Premiums in due course uf collection.... . . • . .. . . • . . • . . . .. ........ ..

Bills receivable, not matured, taken for risks ....••.••.....••.••....•

Aggregate of all the admitted assets of the company at theiractual

$101,500 00 938,202 13

264,350 00

365.262 18

4,961 41

122,030 14 519,313 55

value ...................................................... $2,315,619 41

II. LIABILITIES.

Losses adjusted and unpaid ........................... . $3,532 65 Losses unadjusted, including all reported and supposed

losses. . .. . .. • . . • . . . .. . .. . • . . . . . • • . .. • • . . .. • .. • .. • • 249,450 00

Net amount of unpaid losses and claims.............................. $252,982 65 Amount required to safely reinsure all outstanding risks.............. 621,548 21

Total amount of liabilities, except capital stock and net surplus....... $874,530 86

Capital actually paid up in cash.... . • .. .. • • • • • • . • . . . . . . . . . • • . .. . • • • 1,000,000 00 Surplus beyond capital ............... : .. • • .. • • .. • • • • . • .. . • • • • • .. .. 441,088 55

Aggregate of all liabilities, including stock and net surplus ........ $2,315,619 41

III. INCOME DURING THE YEAR.

Net cash received for premiums, (marine) ........................... $1,173,001 80

Received for interest and dividends from all sources ..••• , , ••••••• , • • • 88,066 42

Aggregate amount of income received in cash .................... $1,261,068 22

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22 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (marine) ............................. .. Cash dividends actually paid ...••••••••••.•.•••.•••.••••••••••••••• Paid for commissions or brokerage ..••••.•••.•••..•••••••••••••••••• Salaries and other charges of officers, clerks and employees .••••.•••••• Paid State, national and local taxes ................................ . .All other expenditures, viz: general expenses •...••••.••• , ••.•• , •••••

$940,190 90 100,000 00 81,{66 66 59,289 46 25,571 95 50,033 08

Aggregate amount of expenditures in cash ....................... $1,256,552 05

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

:llfarine ri.vks. Premiums,

In force December 31, 1881................... .... .. .. $14,123,115 $675,828 59 Written during the year...... .. .. • .. • .. .. .. .. .. .. .. .. 92,945,593 1,404,001 12

Total .............................................. $107,068, 708 $2,079,829 71 Deduct those expired and terminated .•••••• , •••••••••• 96,279,677 1,428,403 99

In force at end of the year........................... $10, 789,031 $651,425 72 Deduct amount reinsured..... .. .. .. .. .. .. • .. • .. .. • • • • 954,921 29,877 51

Net amount idtf'orce .•.•••••••...••••.••.•.••••.• $9,834,110 $621,548 21

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (marine) ........................................... .. Premiums received ••.••.••••••••.•.•....•..•••.•••.....•••.••.•... Losees paid on risks taken ........................................ .. Losses incurred in Maine ....•••..••••..•.•..•••..•....•..••..•.•..• Amount of taxes paid to tho State of Maine on premiums ••.•••••••..•.

$559,221 00 5,895 53

84 24 84 24

117 91

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INSURANCE COMPANIES OF OTHER STATES. 23

BUFFALO GERMAN INSURANCE COMPANY.

BUFFALO, N. Y.

INCORPORATED IN 1867, COMMENCED BUSINESS IN 1867,

PHILIP BECKER, President, 0. J. EGGERT, Secretary,

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincu_mbered, ••.•••••••••.•••••• Loans on bond and mortgage, (first liens) ......................... ..

Stocks and bonds owned by the company, market value •..•••••••••••• Loans secured by collaterals ..•..••••.••.•.•••••••••.••••• , •.•••• , , • Cash in the company's principal office and in bank., ..••••••••. , • , •••• Interest and rents due and accrued •• , •••.•••••••••• , • , •••• , , •••• , ••• Premiums in due course of collection ...••••••••.••••••••••••••••••• Bills receivable, not matured, taken for risks .•••••••••••••••.•••••••

Aggregate of all the admitted assets of the company at their actual

$275,000 00 51,883 87

441,371 70 52,200 34 80,286 99

431 75 32,275 67

3,490 22

value, ... ,. , , ........ , • , • , , • , • , .. , , ....................... , $936,940 54

II. LIABILITIES.

Losses adjusted and unpaid ........................... . Losses unadjusted, including all reported and supposed

losses •.•...•..•••••.••.••••...•••••••••.•.••••.•• , Losses resisted, including interest, costs and expenses ..••

$4,579 98

11,355 00 700 00

Net amount of unpaid losses and claims............................. $16,634 98 Amount required to safely reinsure all outstanding risks ..••• , •••••• , • 220,066 39 All other demands against the company, viz: commis1,1ions, etc .. .. .. • • 6,034 32

Total amount of liabilities, except capital stock and net surplus •..•••• Capital actually paid up in cash ................................... . Surplus beyond capital ........................................... .

$242, 735 69 200,000 00 494,204 85

Aggregate of all liabilities, including stock and net surplus .. ,.... $936,940 54

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................. , Received for interest and dividends from all sources ......... , .. , ... .. Income from all other sources •••• , ••••••.••.•••••••••••••••• , , •••••

$350,804 04 22,799 17 16,429 80

Aggregate" amount of income received in cash • .. .. .. .. .. .. • • .. .. $390,024 01

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24 STOCK Frn.E, FIRE-MARINE AND MA RINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. . Cash dividends actually paid ...................................... .

Paid for commissions or brokerage ........•...........••.•...•.•..•.

Salaries and other charges of officers, clerks and employees ..••..••.•••

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ...................... ..

$190,898 38 30,000 00

6i,827 31 17,411 58

7,661 85

26,443 86

Aggregate amount of expenditures in cash....................... $34-1,24-2 98

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

In force December 31, 1881 ......................... ..

Written during the year ............................ ..

Total ..•...•••..•....•...••.•.•••••.••••.•...•.••••

Deduct those expired and te.rminated ..••••••••..••.•••

In force at end of the year, , •.•••••••••••••••......••

Deduct amount reinsured .••••.•.••...••••..••••••..••

Not amount in force ........................... ..

Fire risks.

$39,915,069 40,899,711

----$80,814,780

38,175,323 ----

$42,639,457 756, 789

----$41,882,668

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Premiums.

$391,554 95

409, 149 54 ----

$800, 704 49 .

372,654 49 ----

$428,050 00

6,888 27 ----

$421, 161 73

Risks taken (fire)................................................. $581,453 00 l'remiums received .............................................. .. Losses paid on risks taken ..•.•..•.••..••••.••..••••.•••..•.•••••••

Losses incurred in Maine... . • • • • • • • . • • • . •....•.•.•••••..••..•..•••

Amount of taxes paid to the State of Maine on premiums. , •••.•.•..••

6,464 17

6,225 46

6,225 46

4 77 :::::::====:::;

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INSURANCE CO.YIPANIES OF OTHER STATES. 25

COMMERCE INSURANCE COMPANY.

ALBANY. N. Y.

INCORPORATED IN 18,'>9. Co1,rnE:'ICED BUSINESS IN 1859.

ADAM VAN ALLEN, President. H,.ICHARD V. DEWITT, Secretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered .. . . . . • . • . • . • • . . . . . • $35,000 00 Stocks and bonds owned by tho company, market value....... . . . . . . . . 357, 7.",5 00

Cash in company's principal office and in bank... . . . . . • • . . . . • . • • . . . . • 21, 725 22

Interest and routs due and accrued.. . . • . . . . • . . . . . • • • . . . . . . . • • • • • • • • • 853 83

Premiums in due course of collection.... • . .. • • • • • . .. .. . . . .. . . .. . .. • • 5,943 54

Aggregate of all the admitted assets of the company at their actual'

value....................................................... $421,277 59

II. LIABILITIE::;.

Losses unadjusted, including all reported and supposed

losses ............................................. .

Losses resisted, including interest, costs and expenses ..••

$10,465 00

1,375 00

Net amount of unpaid losses and claims.............. • . • • .. .. . . • . .. . . $11,840 00

Amount required to safely reinsure all outstanding risks .......... .,.. 68,789 14

All other demands against the company, viz: commissions, etc..... .. . • 1,063 07

Tot.al amount of liabilities, except capital stock and net surplus........ $81,692 21 Capital actually paid up in cash................ .. . . . .. • .. .. .. .. .. • • 200,000 00 Surplus beyond capital . .. . .. .. .. • . • . .. .. . . .. • . • • . . . .. • .. • . . . . . .. . • 139,585 38

Aggregate of all liabilities, including stock and net surplus....... $421,277 59 ======-=======

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .. . . .. • • .. . . . . . • . • • • .. .. .. .. • • $115,992 03

Received for interest and dividends from all sources.................. 17,831 76

Income from rents................................................. 1,256 00

Aggregate amount of income received in cash................ . . . . $135,079 79

5

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26 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................ , ••• Cash dividends actually paid ...•.••.•••••••••••••••••••.••.•••••••• Paid for commissions or brokerage ..••••.••••••••••••••••••• , ••••••• Salaries and other charges of officers, clerks and employees .••••••••••• Paid State, national and local taxes .............................. .. All other expenditures, viz: general expenses .•.••••••••• , •••••.•••••

$79,310 63 H,000 00 20,366 35 12,546 09 6,361 12 6,423 16

Aggregate amount of expenditures in cash....... • • • • • • • • • • • • • • • • $139,007 35

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks, Premiums.

In force December 31, 1881. ............................ $11,763,793 $115,077 29

Written during the year............................... 14,688,619 131,761 80

Total..... .. . • .. • • .. • • .. . • . • . • . . .. .. • • .. • • .. • • .. .. $26,452,412 $246,839 09 Deduct those expired and terminated.... •• • • • • • • .. .. • • .. 12,161,337 108,219 12

In force at end Gf the year . .. .. .. .. .. • • .. .. .. • • .. .. .. • • $14,291,075 $138,619 97 Deduct amount reinsured... .. • • .. • • • .. • .. • • .. .. . • .. .. .. 782,002 6, 728 07

Net amount in force ................................ $13,509,073 $131,891 90

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) .••••••••.••••••••••••••••••.•••••••• , ••••••••••• Premiums received •••••...••.•••••••.•.•••••• · ••••••.•••••••••••••. Losses paid on risks taken ..••••..•.•••. , ••.•.••••••••••••••••• , ••• Losses incurred in Maine ... , .•••••••••••••.••••••• , •••• , • , • , ••• , • , , Amount of taxes paid to the State of Maine on .premiums ••••••••••••••

$179,300 00 1,644 52

495 43

104 20 22 98

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INSURANCE COMPANIES OF OTHER STATES. 27

CONNECTICUT FIRE INSURANCE COMPANY.

HARTFORD, CONN.

JNCORPOR.A. TED IN 1850. COMMENCED BUSINESS IN 1850.

J. D. BROWNE,, President. CHARLES R. BURT, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered.. . . . . • • . • • • . • . • . • • • $20,000 00

Loans on bond and mortgage, (first liens)............................ 274,250 00

Stocks and bonds owned by the company, market value............... 1,072, 109 00

Loans secured by collaterals .. . . . • • . . . . . . . . . . . . • .. .. .. • . .. .. .. .. • • .. 100,390 00

Cash in company's principal office and in bank . . . . . • • . • • • . . • • • • • • . . • • 259,030 20

Premiums in due course of collection .•••.•..•••••.••....•••••••••••• 55,847 30

Aggregate of all the admitted assets of the company at their actual

value ..................................................... $1, 781,626 50

II. LIABILITIES.

Losses unadjusted, including all reported and supposed

losses • . . . . . . . . . . . . . • . . . . . . . • • • . . . . . . . . . . . . . . . . . . • • $59,04 7 33 Losses resisted, including interest, costs and expenses.... 10, 761 86

Gross amount of claims for losses... . . . . . • • . . • . . • • • • $69,809 19

Deduct reinsurance and salvage.... . . . . . • . • . . . • • • • • 6,900 00

Net amount of unpaid losses and claims..... . .. . . .. • • .. • .. .. . . • • . • • • $62,909 19·

Amount required to safely reinsure all outstanding risks...... • • • • • • • • 426,400 38

Total amount of liabilities, except capital stock and net surplus....... $489,309 57

Capital actually paid up in cash.... .. .. .. .. . . .. . . • . . • • • • • . • • • • • • • • • 1,000,000 00 ·

Surplus beyond capital .• •• •• • • .• . . .. • • .. . . .. •. . • • • ........ •. •• •• • • 292,316 93

Aggregate of all liabilities, including stock and net surplus ....... $1,781,626 50

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $713,446 09 · Received for interef:lt and dividends from 11.U sources ..•.••• , • • • • • • • • • • • 81, 787 26 ·

Aggregate amount of income received in cash................ •• • • $795,233 35

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28 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ....•••••.•••.•••.•..........••....

Cash dividends actually paid ..................................... . Paid for commissions or brokerage .......•.•..•............•...•....

Salaries and other charges of officers, clerks and employees ........... .

Paid State, national and local taxes ..•.•...................•........

All other expenditures, viz: general expenses.. . . . . ...••.....•••....

$456,173 91

100,000 00 112,498 04

40, 136 03

15,026 83

4-7,093 11

Aggregate amount of expenditures in cash... . . . •• • • •. •• .. . . •• • • $770,927 n

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risl.:s. Premiums.

In force December 31, 1881................ •• .• •• • • . • . • $63,334,106 $689,277 10

Written during the year.............................. 81,295,879 844, 103 81

Total. ......................................••...... $144,62\1,985 $1,583,380 91

Deduct those expired and terminated . . . . . • . . • . • . . . • . . . 72,3:38,304 723,649 59

In force at end of the year ............................ $72,291,681 $809,731 32

Deduct amount reinsured ••••.•..•.•••...•.•••••....••

Net amount in force .••..•••.•..••....••••.••....• $72,291,681 $809,731 32

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ................................................ $1, 127,400 00 Premiums received............ . . . . . . . . • • • . . . . . . . • • . . . • . . . . • • . . . . . . 12,307 75 Losses paid on risks taken.......................................... 3,721 16

Losses incurred in Maine....... • . . • • • . . . . . • . . . . . . . . . . . • . . . . . . . . . . . . 4,460 16

Amount of taxes paid to the State of Maine on premiums............. 171 73 --·--------

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INSURANCE COMPANrns OF OTHER ST ATES. 29

CONTINENTAL INSURANCE COMPANY.

NEW YORK CI'l1Y.

INCORPORATED IN 1852, COMMENCED BUSINESS IN 1853,

GEORGE T. HOPE, President. CYRUS PECK, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Real estate cwned by the company, unincumbered ....... ,... •. . • . • •• $664,000 00

Loans on bond and mortgage, (first liens) . . . . . . . . . . . . . . . • . • • . . . • . • . . 379,525 00

Stocks and bonds owned by the company, market value ......•..•...•• 2,396,105 00 Loans secured by collaterals.. .. . . . . .. • . .. . . .. . . . . . . . . . . . . • . . . • • • . . • 515 ,500 00

Cash in the company's principal office and in bank................ . . • • 224,856 89

Interest and rents due and accrued...... . • • • . • . . . . . . .. . • . . . . • .. • . • • • 58,354 63

Premiums in due course of collection •.•.......•..••..•.••.• , • • .• • • 212,192 98

Aggregate of all the admitted assets of the company at their actual

value ....•.•••••....••.....•..••••••..•...•..•••.•••..••...• $4,4,'i0,534 50

II. LIABILITIES.

Losses unadjusted, including all reported and supposed

losses...... . . • • . . . • . . . • . . . . . . . • . . . • • . . • . . . . . . • • . . . • $293,458 13 Losses resisted, including interest, costs and expenses.... 27 ,303 00

Gross amount of cb.ims for losses .. . . . • .. . . • . • • . . . . $320,761 13 Deduct reinsurance and salvage............ . . . • . . . • 33,586 22

Net amount of unpaid losses and claims............................. $287,174 91

Amount required to safely reinsure all outstanding risks .............. 1,524,123 54 All other demands against the company, viz: commissions, etc........ 81,370 36

Total amount of liabilities, except capital stock and net surplus ...••.. $1,892,668 81 Capital actually paid up in cash.... . • • • • . . • • . • . . . . . • • • • • • • • • . • . • • • • 1,000,000 00 Surplus beyond capital........ . . . • • • • • . • . • . • • . • • • • .. • • . . • • . • • . • • • • 1,557,865 69

Aggregate of all liabilities, including stock and net surplus ...•••• $4,450,534 50

III. INCOME DURING THE YEAR.

Fire. Inland.

Net cash received for premiums •..•••••••. $1,856,359 43 $296,931 71 ---- ----$2,153,291 14

Received for interest and dividends from all sources ..•••.•••••••••••.

Income from rents •.•.•.•••••••.•••••••.•••.•••••.••••••.••••••••••

176,447 11

45,501 64

Aggregate amount of income received in cash .•..••••.••••••••••• $2,375,239 89 ------

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30 STOCK FIRjj;, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Inland.

Net amount paid for losses ................ $1,062,794- 97 $101,496 73 ---- ----$1,164-,291 70

Cash dividends actually paid. . . • • • • . • • • . • • • • • • • • • • • • • . • . • • • • . • • . . . • 14-7, 205 80 Paid for commissions or brokerage...... . . • • • .. . . • • • • . . • • . • • • • • • .. . • 376, 209 17

Salaries and other charges of officers, clerks and employees . . . . • • • • • • • 23 6, 225 34

Paid State, national and local taxes..... . • . • • • .. . . • • • • .. • • • • . • • • . • • • 58,660 83

.All other expenditures, viz: general expenses........................ 175,138 41

.Aggregate amount of expenditures in cash .•••••••••••••••••.••. $2,157,731 25

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums. Inland risks. Premiums.

In force December 31, 1881. $336,021,209 $2,754-,407 84 $40,000 $1,S57 25

Written during the year... 303,927,822 1,992,632 94- 156,132,325 435,070 26

Total ..................... $639,949,031 $4,747,040 78 $156,172,325 $436,927 51 Deduct those expired and

terminated.............. 273,676,906 1, 781,921 66 153, 796,782 383,831 86

In force at end of the year. $366,272,125 $2,965,119 12

Deduct amount reinsured. . 14-, 703,923 136, 273 51 $2,375,543 $53,095 65

16,000 362 15

Net amount in force •.. $351,568,202 $2,828,845 61 $2,359,n43 $52,733 50

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ..................... , • . . • . . . • • • . • .. • • . • • • .. • . . • $710,002 00 Premiums received.... • . • • • • • • . • . • . . • • . . • • . . . . • . • . . . • • . • • • • . . • . . . • 9,849 97 Losses paid on risks taken •.••••...•..••.••••••.••...••• , .••... , . . . • 16,728 68 Losses incurred in Maine •...••.••••••••••••.••••• , , • , , , ••• , • • . • . . • . 18, 123 59

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INSURANCE COMPANIES OF OTHER STATES. 31

DWELLING HOUSE INSURANCE COMPANY.

BOSTON, MASS.

INCORPORATED IN 1872, COMMENCED BUSINESS IN 1873.

ARTHUR WILLIAM HOBART, President. HENRY F. PERKINS, Secretary.

Capital paid up in cash, $300,000.

I. ASSETS.

Real estate owned by the company, unincumbered .................. ..

Loans on bond and mortgage, (first liens) .......................... ..

Stocks and bonds owned by the company, market value, ............ ..

Cash in the company's principal office and in bank ................... .

Interest due and accrued ..••.•••••.••.•.••.••.•.•••••••..••••••••••

Premiums in due course of collection .•••.•••...•..••.. , •.......•...•

Aggregate of all the admitted assets of the company at their actual

$42,000 00

71,450 00

241,318 00

16,398 83

2,199 37

681 75

value.................................. .. .. .. .. .. .. .. .. .. .. $374,047 95 -·---

II. LIABILITIES.

Amount required to safely reinsure all outstanding risks.. . • • • . . . . . . . • $65,969 84

All other demands against the company, vii: commissions, etc • • • . • • • • 1,575 00

Total amount of liabilities, except capital stock and net surplus ....... . Capital actually paid up in cash. .. ............................ .. Surplus beyond capital ........................................... .

$67,544 84 300,000 00

6,503 11

Aggregate of all liabilities, including stock and net surplus . . . . • . • $3 7 4,047 95

III. INCOME DURING THE YEAR.

Not cash received fo:r premiums, (fire) ............................. .

Received for interest and dividends from all sources .................. .. Income from all other sources ..••••••••.•.••. • ..••.•.•...•..••..•.••

------

$39,100 69

18,148 83 716 86

Aggregate amount of income received in cash.... . • . • . • . . . • • . • • • • $57,966 38

IV. EXPENDI'fURES DURING THE YEAR.

Net amount paid for losses, (fire) •...•••.•••.••...•..•.•..•...••.•••

Cash dividends actually paid ......•••••••••••••••..•••.• , •••.••••.•• Paid for commissions or brokerage ..................... , ..••.•••..••

$7,195 73

23,856 00 9,946 87

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32 STOCK FIRE, F!RE-MARINE AND MARINE

Salaries and other charges of officers, clerks and employees .••••••••.•••

Paid St1Lte, national and local taxes •.•••.....••••.••....••••••..••.. All other expenditures, viz: general expenses .•......•••••••••.••••••

$9,600 00

6,226 12 5,673 17

Aggregate amount of expenditures in cash....................... $62,497 89

V. MISCELLANEOUS.

RISKS AND PREmIUMS.

.Fire risl.s. Premil,ms.

In force December ::n, 1881. ..•..•...•••....•..•.•••••.• $Hi,487,575 $124,730 65

Written during the year................ • • . . • • • • . • • • •• • • 6,136,206 43,347 18

Total. .•.•....••••••••.•..•.••••.•.••••••••••••••••••• $22,623,781 $168,077 83

Deduct those expired and terminated ..••........•.•••••• 3,992,170 28,745 92

In force at end of the year .............................. $18,631,611 $139,331 91

Deduct amount reinsured ..•..•..•.•...•..••••••.•••.•.• !i8, 750 239,81

Net amount in force ................................ $18,572,861 $1:39,092 10

BUSINESS Ill THE STATE OF MAINE DURING THE YEAR.

Risks t.aken, (fire) .••.....•••••••.•.••••••.•...•.•..••••••••.•••••

Premiums received ............................................... . Losses paid on risks taken .•...••••..•..•••••.•.••••••••••..••••.••• Losses incurred in Maine ...........••.•..•...•..•••.••....•..•..•.•

Amount of taxes paid to the State of Maine on premiums ............. .

$140,660 00

1,144 10 562 95 562 95

22 88 ---~--

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INSURANCE COMPANlES OF OTHER STATES. 33

ELIOT INSURANCE COMPANY.

BOSTON, l\IASS.

INCORPORATED rn l8i2. ComrnNCED Busrirnss IN 18i3.

GEORGE A. CURTIS, President. GREENLEAF C. GEORGE, Secretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) . . . . . . • . . . . . • • • . • • • . . • • . • . • $69,500 00 Stocks and bonds owned by the company, market value................ 272,084 75

Loans secured by collaterals.... . . . . . • . • . . . . . • . • . . • • . . . • . . • . . . • • . • • • 1,500 00

Cash in the company's principal office and in bank.................... 45,8.iO 80

Interest due and accrued................... . . • . . . . • . . . • •• • • •• • . •• •• €,109 55

Premiums in due course of collection.... . . . . . . . • . . . . . . . • .. • • . • . • . . • • 17 ,414 44

Aggregate of all the admitted assets of the company at their actual

value.................. • . . • •• . • . . . . . . • • .• . • . • • . . . • • .• •• . • • • $412,459 54

II. LIABILITIES.

Net amount of unpaid losses and claims, (unadjusted)................. $11,515 00

Amount required to safely reinsure all outstr.nding risks. . . • . . • . . . • • 82, 780 75 All other demands against the company, viz: commissions, etc......... 4,025 00

Total amount of liabilities, except capital stock and net surplus •.•..•• Capital actually paid up in cash ......••.•....••..••.•.....•.••••••• Surplus beyond capital .•••.•••.•••......•....•......•••••.•.••...•

$98,320 75 200,000 00 114, 138 79

Aggregate of all liabilities, including stock and net surplus. . •. • • $412,459 54

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) . . . . • . . • • • .• • • • • • • .• • • . • • • .• • • $130,585 52

Received for interest an~ dividends from all sources . • . • • . • • • • . • • • • • • • 18,963 64

Income from all other sources . . • • . • • • • • • . • • • • • • . . • • . . • • • • • • • • • • • • • • 268 46

Aggregate amount of income received in cash........ • • • • • • • • • • • • $149,817 62

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34 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. . Cash dividends actually paid.. .. ................................. . Paid for commissions or brokerage ................................ .. Salaries and other charges of officers, clerks and employees ....•••••••• Paid State, national and local taxes ............................... .. All other expenditures, viz: general expenses ....................... .

$90, 728 04 19,850 00

23,772 10

16,000 00

5,0G3 68

12,877 79

Aggregate amount of expenditures in cash............... .. .. .. .. .. .. $168,291 61

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire ri.~ks. Premiums.

In force December 31, 1881.. . .. .. .. .. .. .. .. • • •• .. .. .. $13,400,730 $162,654 62

Written during the year............................... 14,173,125 159,765 14

Total................................................ $27,573,855 $322,419 76

Deduct those expired and terminated.................... 13,870,161 150,877 74

In force at end of the year............. .. .. . .. . .. .. .. .. $13, 703,694 $171,542 02

Deduct amount reinsured.. .... .. •• .. • .. •• .... .. .. .. .. 511,319 6,919 74

Net amount in force............................... $13,192,375 $164,622 28

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ............................................... . Premiums received .............................................. .. Losses paid on risks taken ......................................... . Losses incurred in Maine .......••••...•...........••....•.....•.... Amount of taxes paid to the State of Maine on premiums ....••.•.•.•.•

$192,850 00 2,0.U 79 1,068 18 2,368 18

40 83 ·-----

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INSURANCE COMPANIES OF OTHER STATES. 35

EQUITABLE FIRE AND MARINE INSURANCE COl\f P ANY.

PROVIDENCE, R. I.

INCORPORATED IN ]859. COMMENCED BUSINESS IN 1860.

FRED W. ARNOLD, President, JAS. E. TILLINGHAST, Secretary.

Capital paid up in cash, $300,000.

I. AS8ETS.

Real estate owned by the company, unincumbered .•••.••••••.••••••..

Loans on bond and mortgage, (first liens) . . ...................... ..

Stocks and bonds owned by the company, market value ............... .

Cash in the company's principal office and in bank ......•..•...••.•.•

Premiums in due course of collection ..••.•....••.•••..•.••.•••..••••

Bills receivable, not matured, taken for risks ....................... .

Rents ...•....•............•.....•......•.....•.•...••.•••..• • · · · •

Aggregate of all the admitted assets of the company at their actual

$129,900 00

50,000 00

262,975 00

32,107 35

18,171 44 418 91

1,475 00

value...................................................... $495,047 70

II. LIABILITIES.

Losses adjusted and unpaid ..••..•••....•..............

Losses unadjusted, including all reported and supposed losses ......•.•.•.•.......•.....•••......••.......•

Losses resisted, including interest, costs and expenses ....

$7,774 73

12,314 77 800 00

Net amount of unpaid losses and claims.............................. $20,889 50

Amount required to safely reinsure all outstanding risks...... . . . . . • • . 108, 107 67 All other demands against the company, viz: commissions, etc. . • • • • • • • 2,038 70

Total amount of liabilities, except capital stock and net surplus ......• Capital actually paid up in cash .................................. ..

Surplus beyond capital .........•.•...•••••••••.•...•••••.•.•....••

$131,035 87 300,000 00 64,0ll 83

Aggregate of all liabilities, including stock and net surplus....... $495,047 70

III. INCOME DURING THE YEAR.

Fire. Marine,

Net cash received for premiums........... $182,696 55 $14,422 46 ---- ---- $197,119 01

Received for interest and dividends from all sources ....•••••••.•••.•.•

Income from rents ....•.••..•.•.....•••••••....•.••••••..••.•....••

15, 767 25

8,667 25

Aggregate amount of income received in cash.... • • • • . • • . . • . . . • • • $221 ,553 51

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36 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Jlforine.

}let amount paid for losses .••......••.••.••. $107,181 84 $2,605 10 ---- --- $109,786 94

C,tsh dividends actually paid.

Paid for commissions or brokerage ...••....•..••..••..••...........•

Salaries and other charges of officers, clerks and employees ...•........

Paid State, national and local taxes ................................ .

All other expenditures, viz; general expenses .•.........•..•.••••..••

20,743 90

34-,667 li 25,921 4-5

6,012 46

2,770 33

Aggregate amount of expenditures in cash....................... $199,902 25 -------

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums.

$136,177 72 209,296 35

Marine risks. Premiums.

In force December 31, 1881. $13,32,>,546 Written during the year.... 19,606, 159

$75,586 3, 106,761

$1,075 4-7 22,357 92

Total . • .. . . . . .• • • .. . . .. • . $32,931,705 $345,47-t 07 $3, 182,347 $23,433 39

Deduct those expired and

terminated ...•...•••.•.. 14,968,798 138,255 59

In force at end of the year.. $17,962,907 $207,218 48

Deduct amount reinsured... 2.JA,388 3, 261 95

Net amount in force... $17,718,51\l $203,956 53

2,933,861

$248,48ti

57,411

$191,075

BUSINESS IN THE STATE OF .MAINE DUHING THE YEAR,

Risks taken, (fire) . , ............................................ .

Premiums received .....••.•.•.••••....•••.....••••.•...•••••••.•.•

Losses paid on risks taken ......................................... .

Losses incurred in ~faine ....••.......•••.•...••.•...•...••.••••.•••

Amount of taxes paid to the State of J\1aine on premiums .•.•.•.•••.•.•

20,619 46

$2,813 93

810 37

$2,003 56

$303,186 00

3,091 29

3,896 IO

3,451 00

61 82 -----

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INSURANCE COMPANIES OF OTHER STATES. 37

FARRAGET FIRE INSURANCE COMPANY.

NEW YORK CITY.

I:-.CORPORATED IN 1872. Comrn:-.c1m BUSINESS IN 1872.

JOHN M:. FGRMAN, President. S.UlUEL DARBI£E, Secretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered .• . . . . . . • • . . • • • . . . . $6,000 00

Loans on bond and mortgage, (first liens)........................... 21,500 00

Stocks and bonds owned by the company, market value............... 341,912 50 Loans secured by collaterals................ . . • . . . . . . . .. . . . . .. . • . . . . 15,600 00

Cash in the company's principal office and in bank........... .. . . .• • . 19,573 83

Interest and rents due and accrued.. . .. . . .. . . . . . . . . . . . . • . . • . . . . . . . . . 4,462 00

Premiums in due course of collection................................ 12,349 68

Aggregate of all the admitted assets of the company at their actual

value...................................................... $421,398 01

IL LIABILITIES.

Losses unadjusted and unpaid ...••....•.......••.•..... Losses unadjusted, including all reported and supposed

losses ...........••.......•............•...........•

Losses resisted, including interest, costs and expenses .•••

$2,946 63

7,420 98 2,812 50

Net amount of unpaid losses and claims..... .. • . . . • • •• . • . . • . . . . • . . . . $13,180 11 Amount required to safely reinsure all outstanding risks.............. 89,648 31 All other demands against the company, viz: commissions, etc . • . . • • . • 4, 188 28

Total amount of liabilities, except capital stock and net surplus ......• Capital actually paid up in cash .•••.........•...•.•.•••.....•••.•.•

Surplus beyond capital ........................ ,. .......••..••.•••

$107,016 70 200,000 00

114,381 31

Aggregate of all liabilities, including stock and net surplus....... $421,398 01

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)............................... $158,434 83

Received for interest and dividends from all sources.................. 15,578 77

Income from rents, etc..... . • • . . • • . • . • . . . • . • • • • . . . . . . • . . . . • • • . . • • • • 1,3 76 31

Aggregate amount of income received in cash.................... $175,389 91

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STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .....•••.•...• , ••••.•••....•......•

Cash dividends actually paid ............ ~ ...... , ................. .. Paid for commissions or brokerage .....•..••••••••••••••.•••....••••

Salaries and other charges of officers, clerks and employees ....••.....•

Paid State, national and local taxes ....•..•.••••...•.....•.•.•.•....

.All other expenditures, viz: general expenses .•...•.•••••.•••......••

$89,609 91

24,000 00

26,092 72

22,260 00

4,035 52

19,112 85

Aggregate amount of expenditures in cash . . .. • . •• .. .. . . .. . • .. . • $185,111 00

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks, Premiums.

In force December 31, 1881. ........................ .. $31,010,379 $173,901 88

"\\Tritten during the year ......................... , .. .. 31, 288,626 172,998 88 ------ ·----

Total ....••••••.••••...•.....••.•••••.•••••••••.•.. $62,299,005 $346,900 76

Deduct those expired and terminated ..•••••..• , ••.• , , • 30,338, 109 163,697 81 -----· ------

In force at end of the year ........................... . $31,960,896 $183,202 95

Deduct amount reinsured . • ....•.•...••...•....•.•.• 1,132,461 4,701 64 ------ ----

Net amount in force ...•••••..•••.•••..••• , .•.•••• $30,828,435 $178,501 31 -----

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire)................................................ $180,365 00 Premiums received .•••.•.••....••••...•.••••••...•............ , . . 2,067 81

Losses paid on risks taken ...•• , • • • • . • • . • • • . . . • . . . . . . • . . . . . . . . . . . . • 2,869 46 Losses incurred in Maine.,,,,,.,,, •.• , •.•••.••••.• , •.••.•.•• ,.. . • • . 1,797 90

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INSURANCE COMPANIES OF OTHER STATES. 3H

FIRE ASSOCIATION OF PHILADELPHIA.

PHILADELPHIA, PA.

INCORPORATED IN 1817. CO~fMENCED BUSINESS IN 1820,

A. LOUDON SNOWDEN, President. JACOB H. LEX, Secretary.

Capital paid up in cash, $500,000.

I. ASSETS.

Real estate owned by the company, unincumbered ................... .

Loans on bond and mortgage, (first liens). . ........................ .

Stocks and bonds owned by the company, market value .....••••••.•.• Loans secured by collaterals ..••....•.....••...•••••••••.•••.••.•.•• Cash in the company's principal office and in bank •......•.••.•••.•.• Interest and rents due and accrued ................................ .

Premiums in due course of collection ••...••.•••••••..••••••.••...••

Aggregate of all tho admitted assets of the company at their actual

$90,300 00

881,317 61

2,785,877 50 81,000 00

146,987 38 54,227 91

112,870 73

value ...................................................... $4,152,581 13

UNADMITTED ASSETS.

Company's own stock ...•••••••.•••.•..•.••.•••.•...••••

Loan on company's own stock .......................... .

II. LIABILITIES.

$180,000

6,650

$186,650

Losses adjusted and unpaid............................ $99,301 58 Losses unadjusted, including all reported and supposed

losses.............................................. 117,625 00 Losses resisted, including interest, costs and expenses.. • • 10, 999 00

Gross amount of claims for losses ...•••••• " • • • • •• • • $227,925 58 Deduct reinsurauce and salvage........ • • • • • • • • .. • • 14,402 17

Net amount of unpaid losses and claims............................. $213,523 41

Amount required to safely reinsure all outstanding risks.. • • • • • • • • • • • • 920,909 77 All other demands against the company, viz: perpetual policies •...••• 1,782,761 11

Total amount of liabilities, except capital stock and net surplus ....... $2,917,194 29 Capital actually paid up in cash.... • • • • . • • • .. • . • • • • • • • • • • • . • • • • • • • • 500,000 00 Surplus beyond capital... • • • • . . • • • • • • . • • • • • . • • . • . • • . • . • • . . • . • . • . • • • 73,5,386 84

Aggregate of all liabilities, including stock and net surplus •.••.. $4,152,581 13

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40 STOCK FIRE, FIRE-MARINE AND MARINE.

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .............................. $1,468,772 24

Received for interest and dividends from all sources.............. . . . . 219,0;:iS 14

Income from all other sources.......... . . . . . . . . . . . . . .. . .. .. . . . . . . . . 10,408 81

Aggregate amount of income received in cash .................... $1,6))8,239 19

IV. EXPENDITURES DURING THE YEAR.

:Ket amount paid for losses, (fire) ................................... $1,087,456 92 Cash dividends actually paid....... .• • . . . . . . . . . .. . . . . . . . . . . .. . . . . . . 200,000 00

Paid for commissions or brokerage .•.....•..........................

Salaries and other charges of officers, clerks and employees .......... .

Paid btate, national and local taxes ................................ .

All other expenditures, viz: general expenses .............•.....•....

3.;5,:rno 89

(;7,0\13 97

46,680 35

23,469 04

Aggregate amount of expenditures in cash ..•.•...............••. $1,780,061 17

V. MISCELLANEOUS.

RISKS AND PREAflUMS. Fire risks. Premiums.

In force December 31, 1881. .......................... $226, 700,999 $3,534,886 63 Written during the year.............................. 125,926,167 1, 716,788 12

Total ............................................... $352,627,166 $5,251,674 75 Deduct those expired and terminated.................. 137,303,174 1,540,774 91

In force at end of the year ........................... $215,323,992 $3,710,899 84 Deduct amount reinsured .. • • . .. • . . .. .. . • . • .. . .. . . . . • 4,572,001 59,019 32

Net amount in force ............................. $210,751,991 $3,651,880 52

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken (fire) ................................................. $1,800,013 00 Premiumsreceived............................................ .... 26,147 65

Losses paid on risks taken.................. . • • . • .. • . . • • .. • • • • . • .. .. 27,389 98

Losses incurred in Maine... .. .. .. .. . . .. . .. . .. • • .. . . . . • .. • . • • .. • • • • 26,512 70

Amount of taxes paid to the State of Maine on premiums............. 784 43

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IN:5URANCE COMPANIES OF OTHER STATES. 41

FIREMEN'S FIRE INSURANCE COMPANY.

BOSTON, MASS.

INCORPORATED IN 1872, COMMENCED BUSINESS IN 1872.

THO)IAS W. TUCKER, President. HENRY C. SHORT, Secretary.

Capital paid up in cash, $300,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) • . . . . . . . . . . . . • . . . . . . . • • . . • . $183,000 00

Stocks and bonds owned by the company, market value....... • . . . . . • . 557,856 94

Loans secured by collaterals.... .. • • . . . • . .. • • . . . . . • . . .. • . . . . • .. .. .. . . 11,000 00 ·

Cash in the company's principal office and in bank • . . . . . . • • • . . • . . . . • 4,399 44

Interest due and accrued . . . . . . . . . . . . . . . • • • . . • • . . • • . . . . . . • • . . . . . . • • 6,862 92

Premiums in due course of collection................................ 12,944 21

Aggregate of all the admitted assets of the company at their actual

varue.... • . .• . • .. • . .. .. .. . . .. • • . • . • . . • • . . . . . • . • . . .. .. • . .. . • $776,063 51.

II. LIA BILI TIES.

Losses adjusted and unpaid ........................... . $2,907 82 Losses unadjusted, including all reported and supposed

losBes .•...•......••...............................• 4, 234 34

Net amount of unpaid losses and c!aims........ .. • • . . • . . • .. . . .. • • • • .. $7, 142 ) 6

Amount required to safely reinsure all outstanding risks.............. 113,376 15

All other demands against the company, viz: commissions, etc .. .. .. . • 3,601 36

Total amount of liabilities, except capital stock and net surplus ....•.. Capital actually paid up in cash ................................... .

Surplus beyond capital .......................................... ..

$124, 119 67 ·

300,000 00 351,943 84

Aggregate of all liabilities, including stock and net surplus....... $776,063 51

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)............................... $136,807 64

Received for interest and dividends from all sources.............. • • • • 36,413 88

Income from all other sources ..••••••.••••••••• , . • • . • • • • • • • • • • . . • • • 500 00

Aggregate amount of income received in cash.................... $173, 721 52

6

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42 STOCK FIRE, FIRE-MARI.N'E AND MARINE

IV. EXPENDITURE::, DURING THE YEAR.

Net amount paid for losses, (fire) •...•...•....••.•.••..•••••••••.... Cash dividends actually paid ....••..•.•....••.•.•••..........••..••

Paid for commissions or brokerage .....••..•....•.••..•.••••••.•....

Salaries and other charges of officers, clerks and employees .••.••...•.•

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ....................... .

$88,408 68 29,540 00

19,399 60

12,725 00

9, 721 90

14,267 95

Aggregate amount of expenditures in cash .. . . . • .. • . .. • • . . . . . .. . $17 4,063 13

V, MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881 .. . . . . • • . . . . . . . .. . . . . . . .• . • $20,169,354 $:127,'i83 08

Written dunng the year . . . . . .. . . . .. • .. • • .. .. . • .. •• . • 14-,4-92,074 153,098 08

Total . . . .. . . . .. . .. . .. . . . • • • . . • . • . .. . .. . . .. • . . . . . . . . $34,661,428 $380,881 16

Deduct those expired and terminated...... . . . . . . . • . . . . 13,808,';98 14-3, 135 56

I.n force at end of the year,........... .. • • .. . • . .. • .. • • $20,852,630 $237, 745 60

Deduct amount reinsured, .• . • • . . • .. . . . . .. . • • . .. .. ... • 115,139 1,641 07

Net amount in force ............................. J, $20,737,4-91

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ........................................ , ..... .. Premiums received ............................................. , •..

Losses paid on risks taken ...•••.•..•....•..••.•••••••••....•..•.•••

Amount of taxes paid to the State of Maine on premiums.. • ....... , •..

$236, 104 53

$198,118 00

1,917 40 1,078 58

38 35

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INSURANCE COMPANIES OF OTHER STATKS. 43

FIRST NATIONAL FIRE INSURANCE COMPANY.

WORCESTER, ~fASS.

INCORPORATED IN 1868. Comrn.sCED BUSINESS IN 1869.

CHARLES B. PRATT, President. R. JAMES TATMAN, Secretary.

Capital pa.id up in cash, $200,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) . . . . . . . . . . • . • • • • . • • • . .. . • . • $128,031 50

Stocks and bonds owned by the company, market value........... •. . . 112,563 75

Cash in the company's principal office and in bank.................... 20,615 55 Interest and rents due and accrued.. . . • • . . . . • . . • . • • • . • • • . . • • . . .. • • • . 2,956 53

Premiums in due course of collection • . . • • • • • . . • . • • • • .. • .. • • . • • . .. • • 9,923 64

Aggregate of all the admitted assets of the company at their actual

value...................................................... $274,090 97

II. LIABILITIES.

Losses adjusted and unpaid .. . . .. .. .. . • .. • • • • .. • • • • • • • • $12,380 02

Losses unadjusted, including all reported and supposed losses ...................... , .. · .•.............•.... 10,530 00

Gross amount of cla.ims for losses................... $22,910 02

Deduct reinsurance and salvage .. . . . . . . . • • • . . • • . • • • 1,726 81

Net amount of unpaid losses and claims ... • .... .... .••• .... •. .. .... $21,183 21

Amount required to safely reinsure all outstanding risks.......... .. .. 41,294 39 All other demands against the company, viz: commis8ions, etc . .. . .. . • 1,984 72

Total amount of liabilities, except capital stock and net surplus •....•• Capital actually paid up in cash .................................. ..

Surplus beyond capital .•••••••••.•••••...•.•••.•••.•••••••••••..••

$64,462 32 200,000 00

9,628 65

Aggregate of all liabilities, including stock and not 8urplus....... $274,090 97

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................. .

Received for interest and dividends from all sources ...•••••.•..•.....

Income from all other sources .••••..•••...•..••.••••.••.•••.••...••

$88,396 11 6,~32 65

10,501 62

Aggregate amount of income received in cash • . . .• . • • • • • • • • • • . • • $105,830 38

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44 STOCK :FIRE, :FIRE-MARINE AND MA RINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ...••.•...••....•••••••..••..•...•• Cash dividends actually paid •...•••..••.....•••...•.••..•....•..•.•

Paid for commissions or brokerage ................................. .

Salaries and other charges of officers, clerks and employees .•....•...•.

Paid State, national and local taxes •..•.••••...•.•••.•.•.•• ,. •..•••.

All other expenditures, viz: general expenses .•....••.••..••••.•...••

$i0,515 23 6,000 00

20,332 06

6,500 00

5,121 27

5,074 45

Aggregate amount of expenditures in cash....... • • • • . • • • • • • • . . . • $113,543 01

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

In force December 31, 1881. ........................ ..

Written during the year ............................ ..

'rotal ...••.••.••.....••....•....•••...........••••.

Deduct those expired and terminated ...•..............

In force at end of the year •...•....••. , •..•••..•...•.

Deduct amount reinsured .•.•• , .......••••.....•••.•••

Net a1nount in force ............................ .

Fire risks.

$7,530,160

8,712,443 ------

$16,24-2,603

9,110,685 ------

$7, 131,918

8!:16,305 ------

$6,235,613

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) .•.•.•..•.•...•...•...•.•••••..••...••••..•.•... l'remiums received ............................................... .

Losses paid on risks taken ....•....•...•.•...•..••...•.•....•••.•..

Losses incurred in Maine... . . . . . • . . . . . . • •.•..•....••••...•..•....•

Premiums.

$100,558 30

103,278 92 ------

$203,837 22

109,777 98 ------

$94,059 24

10,4-82 25 -----

$83,576 99 ------------

$337,613 00 4,852 36

5,653 48

3,880 22

97 04 Amount of taxes paid to the State of Maine on premiums •.•.••....••. ====

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INSURANCE COMPANIES OF OTHER STATES. 45

FRANKLIN FIRE INSURANCE CQl\:IPANY.

PHILADELPHIA, PA.

INCORPORATED• IN 1829. COMMENCED BUSINESS IN 1829.

JAS. W. McALLISTER, President. EZRA T. CRESSON, Secretary.

Capital paid up in cash, $400,000.

I. ASSETS.

Real estate owned by the company, unincumbered........ .... .. .. .. .. $648,200 00

Loans on bond and mortgage, (first liens).... .. .. .. .. .. .. .. .. . .. • .. .. 1,227 ,535 84.

Stocks and bonds owned by the company, market value............... 409,239 25

Loans secured by collaterals.................... .. .. .. .. .. .. .. .. .. . . 567,300 00

Cash in company's principal office and in bank....... • .. .. .. .. .. .. .. 158,287 40

Interest due and accrued . . . . . . . . . . . • . • . • . . . . . . . . . • . . . . . . . . . • • . • • . • 24,563 90 Premiums in due course of collection.... .. .. • . . . .. .. . . . .. .. .. . • . . .. 51, 154 44 Other assets . . • . . • . • . • . • . . . . . . . . . . • . • • • • . . . . . . . . • • . . . • . • . . . . . • . . • • 356 25

Aggregate of all the admitted assets of the company at their actual

value ...... · ................................................. $3,086,637 08 --~---··~

II. LIABILITIES.

Losses adjusted and unpaid ........................... . $8,870 90

Losses unadjusted, including all reported and supposed

losses. . .•.••..•.•.•..•...•.... • ••••••• , · ·, •.• , · · • • 22.493 27

Net amount of unpaid losses and claims.............................. $31,364 17 Amount required to safely reinsure all outstanding risks.............. 436,947 45 All other demands against the company, viz: perpetual policies, etc .. , 1,360,808 16

Total amount of liabilities, except capital stock and net surplus ....... $1,829, 119 78 Capital actually paid up in cash........ .. .. .. . . .. . • .. . . . .. . .. .. .. .. 400,000 00

Surplus beyond capital .... .... .... •• •. .. .. .... . ... .. •• .. .. .... .• •• 857,517 30

Aggregate of all liabilities, in~Iuding stock and net surplus ........ $3,086,637 08

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................. $515,394 06

Received for interest and dividends from all sources.................. 129,011 08

Income from rents, etc................. . . . . . . . . . . . . . . . . . . . . . . . • . . . . 37,303 iS5

Aggregate amount of income received in cash.... .. .. .. .. .. .. .. .. $681,708 69

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46 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •...•.•••.•..•.•....••.....•.•.....

Cash dividends actually p:tid .....••..•••.••.•••.•••..•..•....•...••

Paid tor commissions or brokerage .....•...•.......•.•••.•.•..•..•..

Salaries and other charges of officers, clerks and employees ..••..•..... Paid State, national and local taxes •.....•••...••.•...•...•••.••..•• All other expenditures, viz: general expenses .....•...•••.•...••.••••

$366,074 02

117,604 00

72,073 57

52,515 66 36,371 97 96,779 63

Aggregate amount of expenditures in cash....................... $7 ll,418 85

V. MISCELLANEOUS.

RISKS A.ND PREMIUMS.

In force December 31, 1881. ..•••.......•...•••••••••.

Written during the year •••.••••••.•••..•••.••.•..••••

Total ...••.•..•..••••••..••.••..••.••••.••.•••.•••.

Deduct those expired and terminated .••••.••••.••.••••

Fire risks.

$138,533,812

57,455,807 ----·--$195,989,619

58,840,415 ------

Premiums,

$2,385,641 16 610,594 22

------$2,996,235 38

647,678 36 ------

In force at end of the year ........................... $137,149,204 $2,348,557 02

Deduct amount reinsured. •• •. •• .. •• .. • . • . .. • • •• • • •• • • 320,564 2,819 96

Net amount in force ............................. $136,828,640 $2,345,737 06

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ............................................... .. Premiums received .•••••••.•..•.••.••.......••.•••.•.•..••.••....• Losaes paid on risks taken ......................................... . Losses incurred in Maine .....••.•....•......•.•.•.•.•.•.•••.......•

Amount of taxes paid to the State of Maine on premiums ••.•••••••••..

$841,230 00 10, 173 63 4,345 35 4,345 35

305 21

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INSURANCE COMPANIES OF OTHER STATES. 47

GERMAN AMERICAN INSURANCE COMPANY.

NEW YORK CITY.

INCORPORATED IN 1872. COMMENCED BUSINESS IN 1872,

EMIL OELBERMANN, President. JAMES A. SILVEY, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Stocks and bonds owned by the company, market value •..•.••.•••.... $3,444,577 50

Cash in the company's principal office and in bank........ .. .. .. .. . . . • 155, 733 13 lnterest due and accrued,...... .• . • . • • . • . . . . . . . . . . . . . • • . . . • . • • • • • • • 2,000 00

J!remiums in due course of collection .............................. . 99, 715 59

Aggregate of all the admitted assets of the company at their actual value ...................................................... $3, 702,026 22

II. LIABILITIES.

Losses adjusted and unpaid.. . . .. • • .. .. .. . • • • • • .. • • . .. • $55,386 42 Losses unadjusted, including all reported and supposed

losses .......•...•...•.•.•.•...•...•. , •.•••..•••....

Losses resisted, including interest, costs and expenses ..•• 80,145 50 8,824 76

Gross amount of claims for losses.................. $144,356 68 Deduct reinsurance and salvage................ . • • • 11,070 69

Net amount of unpaid losses and claims •..•...•..•••.••••..•.•. , . . . • $133,285 99 Amount required to safely reinsure all outstanding risks.............. 1,029,395 43

All other demands against the company, viz: commissions, etc........ 22,015 13

Total amount of liabilities, except capital stock and net surplus ...•••. $1,184,696 55 Capital actually paid up in cash .................................... 1,000,000 00 Surplus beyond capital .••.•••••••.••••••.•.••••••••..••••••••••••• 1,517,329 67

Aggregate of all liabilities, including stock and net surplus •..•••. $3, 702,026 22

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .............................. $1,489,121 98 Received for interest and dividends from all sources.................. 133,393 34

Aggregate amount of income received in cash .................... $1,622,515 32·

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48 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire), ................................. . Cash dividends actually paid ...................................... . Paid for commissions or brokerage ................................ .. Salaries and other charges of officers, clerks a.nd employees .•....••...• Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses •..•••••.....••.••...••

$765,909 53

120,000 00

215,329 50

122,976 52 37,919 94

130,777 71

.Aggregate amount of expenditures in cash ...................... $1,392,913 20

V. MISCELLANEOUS.

RISKS .AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881 ........................... $210,477,519 $1, 796,723 59

Written during the year...... .. . • .. .. .. . . .. • . .. • • . • .. 188, 134, 696 1, 7 49, 208 92

Total . . . .. . .. . . .. .. . .. . . .. • . .. . • .. • .. • • • • .. . • • • . .. • $398,612,215 $3,545,932 51

Deduct those expired and terminated.. .. • • . . . . . . . • • . .. 157,871, 7 43 1,488, 717 31

In force at end of the year ........................... $240,740,472 $2,057,215 20 Deduct amount reinsured........... •• .. • • •• . . •. .. .. . . 7,137,983 82,779 56

Net amount in force ............................. $233,602,489 $1,974,435 64 ----- -----·------------~

BUSINESS IN THE ST.ATE OF MAINE DURING THE YEAR,

Risks taken, (fire).... . .......................................... $1,044,5 75 00 Pre1niums received................................................ 10,936 11 Losses paid on risks taken .•.....•.•.......•. , . • • . • • . . . . . • • • • • . . . • • • 9,048 96

Amount of taxes paid to the State of .Maine on premiums.............. 37 74 --- - -------~

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INSURANCE COMPANIES OF OTHER STATES. 49

GERMANIA FIRE INSURANCE COMPANY.

NEW YORK CITY.

INCORPORATED IN 185°9, COMMENCED Busr.~rnss IN 1859.

RUDOLPH GARRIGUE, President. HUGO SCHUMANN, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered.................... $401,379 67

Loans on bond and mortgage, (first liens)........................... 217,100 00

Stocks and bonds owned by the company, market value................ l,6&7,637 50

Loans secured by collaterals.... . . . . • . . . . . . . . . . . . . • . . . . . . . . • . . • • . . . . 15,550 00 Cash in the company's principal office and in bank .•....•......•...•••

Interest due and accrued.. . ....•...•.•..........•...............••

Premiums in due course of collection .•. , ........................... . Rents and other assets ............................................ .

Aggregate of all the admitted assets of the company at their actual

145,213 04

6,599 57

111,652 73 11,525 00

value ........................................................ $2,566,657 51

II. LIABILITIES.

Losses adjusted and unpaid.... .. • . . . . • . . .. . .. . . .. • . .. . $10,046 21

Losses unadjusted, including all reported and supposed losses .•....•••...........•....•....•.•........•..••

Losses resisted, including interest, costs and expenses .•••

88,975 14 24,177 63

Net amount of unpaid losses and claims ............................. . Amount required to safely reinsure all outstanding risks ...•....••••..

All other demands against the company, viz: commissions, etc •.•••.••

$123,198 98 692,545 29

8,300 27

Total amount of liabilities, except capital stock and net surplus . • • • . . • $824,044 54

Capital actually paid up in cash .................................... 1,000,000 00

Surplus beyond capital ...........•..•......•.•..••....•.••••.•..•. 742,612 97

Aggregate of all liabilities, including stock and net surplus •.•.... $2,566,657 51

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .............................. $1,146,075 24

Received for interest and dividends from all sources...... • • • • . . . • . . . • 102, 157 85

Aggregate amount of income received in cash .................... $1,248,233 09

Page 92: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

50 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPEND:~tTRE~ DURING THE YEAR.

Net amount paid for losses, (fire) ................................ ..

Cash dividends actually paid ..•....•.•.•......••...•.•••..••......•

Paid for commissions or brokerage.. . . . • . . . . . . . • . . . . . .........•...•

~abries and other charges of officers, clerks and employees ........... .

Paid State, national and local taxes ....•...•...•.••••• , •..••.......• All other expenditures, viz: general expenses .... , ......••..•...••.. ,

$572,096 85

100,000 00

216,327 44 66,901 21

2C,949 77

146,4 76 01

.Aggregate amount of expenditures in cash ....................... $1,l:.!8,751 28

V. MISCl!:LLANEOUS.

RISKS .AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881. ......................... . $112,856,792 $1,114,152 81

Written during the year ............................ .. 145,920,689 1,279,496 47 ------ ------

Total .• , ......... , , , .•.•.•..........• , ..•.....•. ,, $258,777,481 $2,393,649 28

Deduct those expired and terminated ........••..••... , 121,204,361 1,048,787 42 ------ ------

In force at end of the year .......................... . $137,573, 120 $1,844,861 86

Deduct amount reinsured ....•..••..••....•.•....•.... 1,630,318 16,400 12 ------ ------

Net amount in force ............................. $135,942,802 $1,328,461 74

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) .••...•. ,,,, .•••••• ,............................ $551,747 00 Premiums received................................................ 6,374 58 Losses paid on risks taken . .. .. . • .. .. .. .. .. . .. . .. .. .. .. . . • . . • .. . . • • 2,095 58 Losses incurred in Maine . .. . . . .. .. . . .. .. .. .. . .. . .. .. .. .. .. . • .. .. .. 2,881 58

Amount of taxes paid to the State of Maine on premiums.. . • . . . . . . . • . . 85 58

Page 93: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMP A NIES OF OTHER STATES. 51

GIRARD FIRE AND MARINE INSURANCE COMPANY.

PHILADELPHIA, PA.

INCORPORATED IN 1853. CoirnENCED BUSINESS rn 18j3.

ALFRED S. GILLETT, President. EDWIN T. MERRILL, Secretary.

Capital paid up in cash, $300,000.

I. ASSETS.

Real estate owned by the company, unincumbered •....•.••.•..•.•••.

L'oans on bond and mortgage, (first liens) ......••.....•....••.•.•...

Stocks and bonds owned by the company, market value ............... .

Loans secured by collaterals ...•••••.....••....•.••......•••..•••.•. Cash in company's principal office and in bank ......•..........••....

Interest and rents due and accrued ............•.•.•......••.....•..

Premiums in due course of collection .••...•...•.......•........••.•.

Other assets .....•......•...•.•.......•..•.......••..•....•.•••••..

Aggregate of all the admitted assets of the company at their actual

$333,800 00

431,183 32

309,937 50

13,450 00 58,352 05

11,690 09 45,066 42

5,165 50

value .•...••.•.•...•..•.••••.•.•••....•..••.•...•••••.•.••.. $1,208,644 88

II. LIABILITIES.

Net amount of unpaid losses and claims, (unadjusted) . . . . . . . . .. . . . . . • $28,261 15 Amount required to safely reinsure all outstanding risks.............. 226,540 20

All other demands against the company, viz: perpetual policies, etc.... 121,096 05

'l'otal amount of liabilities, except capital stock and net surplus •...••.

Capital actually paid up in cash ................................... .

Surplus beyond capital ..••••••.....•...•••.•••..•...•••.••••.•••••

$375,897 4.0

300,000 00 532, 747 48

Aggregate of all liabilities, including stock and net surplus •..•... $1,208.644 88

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .. • .. • • • .. •• • • •• • • .. .. .. • • . • • • $314,535 30

Received for interest and dividends from all sources.. . . . . . . . . . . . • • • • • 41,648 03 Income from rents •...•.•...•••.•••....•..•..••....••••.•••..••••.• 17,416 71

Aggregate amount of income received in cash.................... $373,600 04

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52 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................. ..

Cash dividends actually paid... • ••••.•......••.••..••.••.••••...•

Paid for commissions or brokerage ...••........•••••..•..•••.•...•••

Salaries and other charges of officers, clerks and employees ..•..••....•

Paid State, national and local taxes •.....•............•.•.•..•.•. , • , All other expenditures, viz: general expenses .••...••.•.•.....••.•••.

$139,516 06

75,000 00 63,412 13

35,418 67

22,264 87 30,737 45

Aggregate amount of expenditures in cash... . . • • . . . • . • • . . . • • . • • . $366,349 18

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire ri.•ks. Premiums. In force December 31, 1881.. $48,214,887 $555,398 51 Written during the year •.......••.•••.•••..••.••...•• 35,969,281 356,687 40

Total........................................ .. . . . .. • $84,184,168 $912,085 91

Deduct those expired and terminated ..•.••.•....•.....• 36,871,829 343,608 73

In force at end of the year .• . • .• • . •. .. •. . . .. .. . . . . •. • . $47,312,339 $568,477 18

Deduct amount reinsured.,.... .. • • . . • . .. • . . . . . • • . • . • . 978,582 9 ,928 01

Net amount in force.......................... •• • . $46,333, 757 $558,549 17

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ............••••.......•.••...••...•.......•... Premiums received .•••..••..•••. , •.•••••.....•...•......••••.•..•. Losses paid on risks taken.•; .....•••••.•................••......... Losses incurred in Maine .......................................... .

Amount of taxes paid to the State of Maine on premiums ....••........

$104,588 00 942 96

l, 284 89 1,284 89

28 29

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INSURANCE COMPANlES OF OTHER STATES. 53

GLOUCESTER FIRE INSURANCE COMPANY.

GLOUCES'l'ER, MASS.

INCORPORATED IN 1869. COMMENCED BUSINESS IN 1870.

ROBERT R, FEARS, President. JOHN CUN~INGHAM, Secretary.

Capital paid up in cash, $100,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) ........................... .

Stocks and bonds owned by the company, market value ............... . Cash in the company's principal office and in bank, •........••.....•••

Interest due and accrued ....••...•..•••............•..•••••....••••

Premiums in due course of collection ...........•..•.•......•.....••.

Bills receivable, not matured, taken for risks .••..•............•..•..

Aggregate of all the admitted assets of the company at their actual

$25,500 00

96,364 00 7,158 85

393 86

2,406 71

2,916 88

value.......... • . . • . • . . .. • . . . . . . . . . .. . . . . . . . . . . .. . . .. . . .. . . $134, 740 30

II. LI ABILITIES.

Net amount of unpaid losses and claims, (unadjusted) ................ .

Amount required to safely reinsure all outstr.nding risks. • • • . ......• All other demands against the company, viz: commissions, etc ........ .

$5,238 49

23,355 76 997 77

Total amount of liabilities, except capital stock and net surplus....... $29,592 02

Capital actually paid up in cash........ • • • . . • • • • . . • • . . . . . . • . . • . . . . • 100,000 00 Surplus beyond capital............................................ 5,148 28

Aggregate of all liabilities, including stock and net surplus. . ••.. $134,740 30

III. INCOME DURING THE YEAR.

Fire. Marine.

Net cash received for premiums. . •• . • •••• $27,475 24 $5,543 78 ---- ---- $33,019 02

Received for interest anl! dividends from all sources .•.•••••••.••..•.•

Income from all other sources ... : . •..•••.•.•••.••.•..•.•.••••••.•••

6,779 54 924 45

Aggregate amount of income received in cash........ • • • • • • • . . . • • $40,723 01

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54 STOCK FIRE, FIRE-MARINE AND l\IARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Marine

Net amount paid for losses................ $22,640 86 $4,791 31 ----- ----- $27,432 17

Cash dividends actually paid •..••...•.•.....•..•••.•••..••........

Paid for commissions or brokerage ........•.......••.......••..•..••

Salaries and other charges of officers, clerks and employees .•.•......•. Paid State, national and local taxes •.............•.........•.......•

4, 7;i0 00

4,392 31

4,314 02 ],727 72

Aggregate amount of expenditures in cash............... . . • . . . . . .. • • $42,GHi 22

V. MISCELL <\NEOUS.

In force December 31, 1881 .•••

Written during the year ..... .

RISKS AND P1rn:muus.

Fire risl,s.

$2,950,077

2,680,492

Premiums.

$37,703 67

30,227 54

Total............ •• . . • • • • .• • . $5,630,569 $67,931 21

Deduct those expired and terminated.... . .•..•..•••. 2,317,012 27 ,527 79

In force at end of the year.... $3,313,557 $40,403 42

Deduct amount reinsured...... 1,500 15 00

Net amount in force .... $3,312,057 $40,388 42 ---·---~ ~--~

Marine risks. Premiums.

$70,825 $4,427 38

113,917 4,721 51

$184, 742 $9,148 89

154,542 6,637 76

$30, 200 $2,511 13

7,200 666 88

$22,950 $1,844 25

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ..•....•..•.••••••••••••.•..••••••••.•.•....•... Premiums received .....•......••...••.•.•...••..•..•...•....•.....

Losses paid on risks taken .•..•••••.•.••.•.•.•••••...••.•.••.•..•••• Losses incurred in Maine ...•••.••.••••.••.•...••••......•.•.....••

Amount of taxes paid to the State of Maine on premiums ...••.•......

$452,090 00 5,878 57

5,670 90 7,706 54

117 57

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INSURANCJ!: COMPANIES OF OTHER STATES. 55

HANOVER FIRE INSURANCE COMPANY.

NEW YORK CI'l'Y.

INCORPORATED IN 1852. ComrnNCED BUSINESS IN 1852.

BENJ A.MIN S. WALCOTT, President. I. REMSE~ LANE, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Loans on bond and mortgage, (first liens)............................ $200,750 00

Stocks and bonds owned by the company, market value.... . . • . . . . • . . . . 2, 154,397 50 Loans secured by collaterals ....................................... .

Cash in company's principal office and in bank ...................... .

Interest due and accrued . . ....•....•..•••..•.•.••.•..•.•...••...•

Premiums in due course of collection .••••••.•••••••••..•••••••••....

Aggregate of all the admitted assets of the company at their actual

1,500 00

82, 292 61

Io, 752 08

109,606 97

value ...................................... , ..•••••••••.•. $2,559,299 16

II. LIABILITIES.

Losses adjusted and unpaid ...••......•.... , . • • . . . • . • . • $16,913 26

Losses unadjusted, including all reported and supposed losses .•..........••.•.•.•...••....•....•..•..•....•

Losses resisted, including interest, costs and expenses .•.• 96,471 70 29,567 63

Gross amount of claims for losses....... . • . • • . • • . . • • $142,952 59

Deduct reinsurance and salvage.................... 3,513 01

Net amount of unpaid losses and claims............................. $139,439 58 Amount required to safely reinsure all outstanding risks.. • • . • . • • • . . • • 702,938 30 All other demands against the company, viz: commissions, etc........ 1,266 39

Total amount of liabilities, except capital stock and net surplus....... $843,644 27

Capital actually paid up in cash.... • • • . . . . . . . . • . . • • . • . . . • • . . . . • . • • • 1,000,000 00

Surplus beyond capital ........................................... . 715,654 89

Aggregate of all liabilities, including stock and net surplus.. . ... $2,5S9, 299 16

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .........••..•.••.•.•..•.••.•. $1,083,045 48 Received for interest and dividends from nll sources................... 107,328 31

Aggregate amount of income received in cash .......... , •..•.•••• $1,190,373 79

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56 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. . Cash dividends actually paid ..................................... .

Paid for commissions or brokerage ..•.•.•.••.•••••••......••••••..•.

Salaries and other charges of officers, clerks and employees .•....••.•••

Paid State, national and local taxes ................................ .

All other expenditures, viz: gonernl expenses.. . . . • .••••....•.•.••.•

$688,927 11

100,000 00 172,534 09

53,426 25

26,493 99

152,652 42

Aggregate amount of expenditures in cash... .. ................. $ l, 194,033 86 ------

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881.. .......................... $120,226,102 $1,219,591 17

Written during the year.............................. 126,484,515 1,223,233 11

Total. .............................................. $246,710,617 $2,442,824 28

Deduct those expired and terminated . . • . • • . • • • • • • • • • • . 115,592,098 1,076,093 22

In force at end of the year ............................ $131, 118,519 $1,3 66, 731 06

Deduct amount reinsured ... • . . .. .. • • •• .. • • .. •• • • •. •• 1,850,058 13,403 43

Net amount in force .............................. $129,268,461 $1.353,327 63 ~-------·------- --~-----­~----- ------ ----- --------

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ................................................ $1, 170,904 00 Premiums received ..••.•.•••..•••••.•••••••.•..•.•••••.••• , • • • • . . • 14,229 55 Losses paid on risks taken .............................. , ..• , . . • . • . . 8,991 64 Losses incurred in Maine .......................................... .

Amount of taxes paid to the State of Maine on premiums ••••••• , , , •••

6,815 08

104 75

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INSURANCE COMPANIES OF OTHER STATES. 57

HARTFORD FIRE INSURANCE COMPANY.

HARTFORD, CONN.

INCORPORATED IN 1810. ComrnNCED BUSINESS IN 1810.

GEORGE L. CHASE, President. C. B. WHITING, Secretary.

Capital paid up in cash, $1,250,000.

I. ASSETS.

Real estate owned by the company, unincumbered $654,675 60

Loans on bond and mortgage, (first liens). . . . . . . • . • • . • . • . • • • . . • • • . • . 963,666 67

Stocks and bonds owned by the company, market value............... 1, 777,355 55

Loans secured by collaterals........................................ 432,662 50

Cash in the company's principal office and in bank • . . . . . . . . . . . • • . . . • • 168, 750 61

Interest and rents due and accrued • . . . • .. . . .. .. . .. . .. .. . . • • . . .. . . .. 44,5H 64

Premiums in due course of collection • • . . . . . . .. . .. .. .. .. .. .. . .. . . .. • 295,624 99

Aggregate of all the admitted assets of the company at their actual

value ...................................................... $4,337,280 fi6

II. LIABILITIES.

Losses adjusted and unpaid ...•.......•.....•.•.•...... Losses unadjusted, including all reported and supposed

losses .•..•....••••...••..•••.......•.......•.•..•.•

Losses resisted, including interest, costs and expenses .•••

$59,540 99

159,499 88

21,503 30

Net amount of unpaid losses and claims............................. $240,544 17 .Amount required to safely reinsure all outstanding risks...... • . • • . • . • l,463,495 62 .All other demands against the company, viz: commissions, etc..... . . • • 25,000 00

Total amount of liabilities, except capital stock and net surplus •....... $1, 729,039 79 · Capital actually paid up in cash.... .. .. . . • . . .. . • • .. . .. . .. .. . .. . . . .. I, 250,000 00

Surplus beyond capital. .. ,..... ... • • . • . •• .. • • . • .. . • . • .. . . .. . • .. .. .. 1,358,240 77

Aggregate of all liabilities, including stock and net surplus ...... $-1,337,280 56

III. INC0:\1E DURING THE YEAR.

Net ca,;h received for premiums, (fire) .............................. $2,033,234 24

Received for interest and dividends from all sources.................. 175,644 18,

Income from rents................................................. 28,627 74

Aggregate amount of income received in cash ... , ................ $2,237,506 16

7

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STOCK FIRE, FIRE-MARINE AND MARINE.

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................... $1,132,584 32

Cash dividends actually paid....................................... 250,000 00

Paid for commissions or brokerage . • . .. . .. • . . . . • . . . . .. . . • . .. .. • . . . .. 296,984 07

Salaries and other charges of officers, clerks and employees.... • . • . . . • • 136,'369 93 Paid 8tate, national and local taxes ........... ; ................... ..

All other expenditures, viz: generill expenses .•............••...•..•.

33,274 93 179, 139 7!)

.o\ggregate amount of expenditures in cash .••••.••.••..••...•.... $2,028,353 04

V. MISCELLANEOUS.

RISKS .AND PREMIUMS, Fire risks. Premiums.

In force December 31, 1881. .......................... $225,247,984 $2,549,409 83

Written during tho year.............................. 198,861,902 2,239,484 54

Total ........•••..•...•............•..•......•...•.• $424, 109,886 $4,788,894 37

Deduet those expired and terminated ..••...•..•..••...

In force at end of the year •.....•••.•.••••.•••.....••

Deduct amount reinsured .•••.••••••••.••..••..••...•

Net amount in force ........................... ..

182, 176,973 ----$241,93 2,912

4,014,339 ------$237,918,573

BUSINESS IN THE ST.ATE OF MAINE DURING THE YEAR.

1,931,306 31 ------·

$2,857,588 ~ 60,021 67

------$2, 797,566 39 ------

Risks taken, (fire) ................................................ $4,053,045 00 Premiums received ............................................... . Losses paid on risks taken .•.•..•••••.••••••.••.••••.•••••••..••..•.

.Losses incurred in Maine •. ; .•...•...•..••.••••..•••.••.....••••.•..

. Amount of taxes paid to the State of Maine on premiums •.•••••...•••

45,394 l l 37,261 97 34,226 3 l

162 64 ~--------

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INSURANCE COMPANIES OF OTHER STATES. 5U

HOME INSURANCE COMPANY.

NEW YORK CI'l'Y.

lNCORPORA'lED IN 1853. COMMENCED BUSI:SESS IN 1853.

CHARLES .J. MARTIN, President. JOHN 11. WASHBURN, Stcrctary.

Capital paid up in eash, $3,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered .. . . . . . . . . . . • . • . . . . $43,784 27

Loans on bond and mortgage, (first liens) ....•...•......•........•.. 1,172,737 H

Stocks and bonds owned by the company, market value .....•......... 5,176,597 50

Loans secured by collaterals........................................ 491,375 00

Cash in the company's principal office and in bank ••.•••..• ,. •• . • . • • • 178,463 32

Interest due and accrued ......•••••......•••.•••••••....••••...••••

Premiums in due course of collection ............................... .

Bills receivable not matured, taken for risks ...••.••.....••..•.••.•••

Aggregate of all the admitted assets of the company at their actual

42,395 10

92,244 42

10,892 02

value .••.••.•..••••••.•.•••••••••••...•••••••••..•.•..••..• $7,208,489 07

II. LIABILITIES.

Losses adjusted and unpaid ........................... . Losses unadjusted, including all reported and supposed

losses ...........••...............•...•.•........... Losses resisted, including interest, costs and expenses ....

$72,030 61

214,418 69 '24,3 77 97

Gross amount of claims for losses .....•...• , • • • . . . • $310,827 27

Deduct reinsurance and salvage.................... 3,2:H 26

Net amount of unpaid losses and claims..... . . . . . . • . • • • • . . . • . . . • . . . • $307 ,596 0 l

Amount required to safely reinsure all outstanding risks.............. 2,116,832 00 All other demands against the company, viz: commissions, etc ....•... 10,000 00

Total amount of liabilities, except capital stock and net surplus ....... $2,434,428 01 Capital actually paid up in cash.... . . . . • • • • . • • • . . .. . . . . . . • • . . . • . • • • 3,000,000 00

Surplus beyond capital.... . • • . . • • . . • . . • • • • • • • • •• • • . • . • • • • • • • • • • • • • 1, 77 4,061 06

Aggregate of all liabilities, including stock and net surplus ....... $7, '208,489. 07

III. INCOME DlJRING THE YEAR.

Not cash received for premiums, (fire) ............................... $2, 74.'i,662 87

Received for interest and dividends from all sources.................. :Hl,154 35

Aggregate amount of income received in cash ......•••.••.•••.•.. $3,086,8 l 7 22 ---------

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STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................... $1,569,511 20 Cash dividends actually paid........................... .. .. .. .. . .. . 300,000 00 Paid for commissions or brokerage .•.•.•..••••••.•••.•••••••....•..•

Salaries and other charges of officers, clerks and employees ..•.••..••••

Paid State, national and local taxes .................. , ............. .

All other expenditures, viz: general expenses ....................... .

486,765 04

274-,849 49

55,888 88

224,215 16

Aggregate amount of expenditures in cash ...................... $2,911,229 77

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

ln force December 31, 1881. .......................... $354,656,766 $3,779 281 00 Written during the year.............................. 285,409,830 2,966,150 51

Total .............................................. $640,066,596 $6, 745,431 51

Deduct, those expired and terminated.................. 266,827,589 2,666,201 91

In force at end of the year............................ $373,239~007 $4,079,229 60 Deduct amount reinsured .. .. •••• .... .... .... •.. • .... 897,747 10,017 60

Net amount in force ............................. $372,341,260 $4,069,212 00 -~---------.. -----

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ................................................ $4,670,067 00 Premiums received... .. .. •• .. .... .. .. .. •• •• .. ... • ... • .. • . •• .. •• .. 51,468 43 Losses paid on risks taken . .. .. • • .. .. .. .. .. .. . • .. .. • .. . • • • • .. .. . . . . 53,590 40 Losses incurred in Maine •..•••• , ••..••..••.•••••••••••• , •• , •••...•. 56,791 72

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INSURANCE COMPANI1£S OF OTHER STATES. (H

HOWARD INSURANCE COMPANY.

NEW YORK CI'l'Y.

INCORPORATED IN 1825, COMMENCED BUSINESS IN 1825.

HENRY .A. OAKLEY, Presideni. CHARLES A. HULL, Secretary.

Capital paid up in cash, $500,000.

I. .ASSETS.

Real estate cwned by the company, unincumbered •...•.••.....••..••

Loans on bond and mortgage, (first liens) .................. , ....... .

Stocks and bonds owned by the company, market value •...•...••..•••

Cash in the company's principal office and in bank ................... .

Interest due and accrued .•••.•..•.•.•.•••••.••..•.•.•....... , , •••..

Premiums in due course of collection ..................... ..

Rents and other assets, .•••••..•••.•••••.••..••••...••••.••••••..•.

.Aggregate of all the admitted assets of the company at their actual

$125,000 00

21,500 00

640,863 00

5,887 52

1,865 50

31,330 53 1,529 31

value . . .. . • .. .. .. .. .. . . .. . • .. .. .. • . . .. • . . .. .. .. .. .. . .. . • • .. $827,975 86

IL LIABILITIES. Losses adjusted and unpaid.... . .. • • .. • . . .. . .. • • . .. . . . . $50,829 52

Losses unadjusted, including all reported and supposed

losses .•••.••••••••••..•...•.•••....•.•......•.•.... Losses resisted, including interest, cc.sts and expenses ..•.

5,500 00 6,600 00

Gross amount of claims for losses . . . . . . . . • . . . . . . . . . $62,929 52 Deduct reinsurance and salvage............ . . . . . . . . 10,155 99

------·

Net amount of unpaid losses and claims............. ... . . . .. . • .. . . . • $52,77J :">3 Amount required to safely reinsure all outstanding risks.. • • • • . . . • • • • • 207, 256 33 All other demands against the company, viz: commissions, etc........ 3,712 88

Total amount of liabilities, except capital stock and net surplus •....•• Capital actually paid up in cash .................................. .. Surplus beyond capital .. , •.•.•.•••.•••.•.•..••••••...•..••..•.••. ,

$263,742 74 500,000 00

64,233 12

Aggregate of all liabilities, including stock and net surplus....... $827,975 8G

III. INCOME DURING THE YEAR.

Fire.

Net cash received for premiums........... $357,499 26 Inland.

$650 00 ---- ---- $358,149 26

Received for interest and dividends from all sources .................. .

Income from all other sources ....••••..•..••...•.........••.•••••.••

32,007 69

8,734 84

Aggregate amount of income received in cash.... . . . . . . . . . . • • . . . • $398,891 79

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STOCK FIR!<.:, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. . Cash dividends actually paid ....•••.•....••......•..........•.•...• Paid for commissions or brokerage ..........••........•.•.........•• Salaries and other ch,1rges of officers, clerks and employees .......•...

Paid State, national and local taxes ..........•........••..••.••.••..

A II other expenditures, viz: general expenses .........•.•.•.•........

$268,079 3:,

25,000 00 51,330 06 39,97.'> 12

12,427 74

34,132 44

Aggregate amount of expenditures in cash . . .. • . .. . . . . . . .. . . . . . . $430,944 71

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881. $36,049,995 $366,223 16

Written during the year . . . 43,400,307 420,668 79

Total. ......•......••..•...

Deduct those expired and

terminated.. . .•.•..•..•.

$79,450,302 $786,891 95

38,487,~)88 364,183 48

In force at end of the ye&r.. $40, \Hi2,314 $422,708 47

Deduct amount reinsured... 2,109,002 21,422 58

Net amount in force..... $38,8:">3,312 $401,285 89

---------

Inland risl.·s. Premiums.

$10,000 $650 00

$10,000 $650 00

$10,000 $650 00

$10,000 $650 00

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire)............ .. . . . . . . . . . . . . . . .. • . . . . • . . • • . • . . .. . . $671,966 00 Premiums received................................ .. . . . . . . . . . . . . . . 7,514 31 Losses paid on risks taken...................... .• •. . . . . . . • • . . . . . . . . 12,325 99 Losses incurred in Maine .......•••••••..••....•.... , • . . . . . . . • . . . . . 14,545 81

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INSURANCE COMPANIES OF OTHER STATES. 63

INSURANCE COMPANY OF NORTH AMERICA.

PHILADELPHIA. PA.

INCORPORATED IN 1794. COMMENCED BUSINESS IN 1794,

CHARLES PLATT, President. GREVILLE E. FRYER, 8ecretary.

Capital paid up in cash, $3,000,000.

I. AS8ETS.

Real estate owned by the company, unincumbered .• , •.•••.•..••••••..

Loans on bond and mortgage, (first liens) • . ...................... ..

Stocks and bonds owned by tho company, market value ............... .

Loans secured by collaterals •...•••......•.•.••••.••..•••••.•••..•.

Cash in the company's principal office and in bank ..........•........

Interest due and accrued ........................................ ..

Premiums in due course of collection ............................... .

Bills receivable, not matured, taken for risks ...................... ..

Aggregate of all the admitted assets of the company at their actual

$357,683 86

1,716,766 67

4,475,492 05

1,033,600 00

549,091 31

26,744 15

534,339 20

175,193 75

value ...................................................... $8,868,910 99

UNADMITTED ASSETS. Loan on company's own stock....... .. .. .. . • .. • . . .. • .... $12,142 07

II. LIABILITIES. Losses adjusted and unpaid.... . • .. .. .. .. .. .. .. . .. • .. .. $20,600 00 Losses unadjusted, including all reported and supposed

losses • . . . . . • . • • • . • . . . . . . • • . . . . . . . • . . . . . . . • . • . • . • • • 418, 100 00 Losses resisted, including interest, costs and expenses.... 10,600 00

~et amount of unpaid losses and claims.............................. $449,300 00 Amount required to safely reinsure all outstanding risks .•..•.....•••• 1,713,590 70

All other demands against the company, viz: perpetual policies, etc.... 467,383 75

".rotal amount of liabilities, except capital stock and net surplus ....... $2,630,274 45

Capital actually paid up in cash .................................... 3,000,000 00

Surplus beyond capital ......................... , .................. 3,238,636 54

Aggregate of all liabilities, including stock and net surplus ....... $8,868,910 99

III. INCOME DURING THE YEAR.

Fire, Marine.

Net cash received for premiums .......... $1,857,84'5 77 $1,623,4.28 83 ---- ----$3,481,274 60

Received for interest and dividends from all sources................... 372,074 48

Income from all other sources ..•••••.••••••••••••• , ••••••••••.• _ •.• 36,666 50

Aggregate amount of income received in cash .................... $3,890,015 58

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64 STOCK :FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. .1.llarine.

~et amount paid for losses ................. $976,301 39$1,391,509 87 ---- ----$2,367,811 26

Cash dividends actually paid.. • • • • • • • • . . • • • • • • • • • • • . . • • • • • . • • . • • • • 500,000 00

Paid for commissions or brokerage .. . • . • . .. • .. .. .. .. .. .. . . . • . . .. .. .. 483,522 81 Salaries and other charges of officers, clerks and employees ..••••••. ,.. 140,000 00

Paid State, national and local taxes..................... .. . • .. • • .. .. 103,436 95

All other expenditures, viz~ general expenses .•..•••••.••....••••.••• 238,066 03

Aggregate amount of expenditures in cash ....................... $3,832,837 05 ----

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums. Marine risks. Premiums.

In force December 31, 1881.$211,043,128 $2,447,043 34 $28,009,048 $267,402 48

Written during the year .... 182,208,497 2,042,200 39 251,764,494 2,007,016 24

Total ..................... $393,251,625 $4,489,243 73 $279, 773,542 $2,274,418 72

Deduct thoso expired and terminated .............. 161,687,395 1,726,227 10 247,986,845 2,014,332 02

Net amount in foroe .... $231,564,230 $2,763,016 63 $31,786,697 $260,086 70

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ................................................ $1,498,734 00

Premiums received.... .. • • . • • • .. • . . . . . .. . • . . . . • . .. . . . . . . . . . .• • • • • • 17,587 36

Losses paid on risks taken.................. • .. • .. . . . . . . • ... . . • • . .. • 17,694 13 Losses incurred in l\1aine ..••••••••. , .•. , .•...••.•..•..•. , . , , , .•..•• Amount of taxes paid to the State of l\1aine on premiums .•...• , •..•.•.

13,827 44

527 62

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INSURANCE COMPANIES OF OTHER STATES. 65

INSURANCE CO. OF THE STATE OF PENNSYLVANIA.

PHILADELPHIA, PA.

INCORPORATED IN 1794, COMMENCED BUSINESS IN 1794.

HENRY O. SHERRERD, President. JOS. H. HOLLINGSHEAD, ~·ecretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered .................. ..

Loans on bond and mortgage, (first liens) ........................... .

Stocks and bonds owned by the company, market value, ......•..•..••

Loans secured by collaterals ...•...•......•.••••..••...•....•.••..••

Cash in the company's principal office and in bank ................... .

Interest due and accrued ....•......•.......••...•••••....••..•.....

Premiums in due course of collection .............................. ..

Bills receivable, not matured, taken for risks ..••..•....•.•••.•.•....

Rents, etc ... , ...•...••..•..•...•...••.•••...•.•.•..••.....•.....•

Aggregate of all the admitted assets of the company at their actual

$68,800 00

112,850 00

240,811 50

230,000 00

13,915 26

6,270 50

32,665 21

10,901 76

1,994 48

value...................................................... $718,208 71 ------

II. LIABILITIES.

Net amount of unpaid losses and claims......... .. • • .. • . . . . . .. .. .. .. $66,046 00 Amount required to safely reinsure all outstanding risks.............. 123,499 35 All other demands against the company, viz: perpetual policies, etc.... 84,835 89

Total amount of liabilities, except capital stock and net surplus........ $274,381 24 Capital actually paid up in cash . .. • . .. • .. • • .. .. .. .. . .. . .. .. .. .. 200,000 00 Surplus beyond capital . .. • • • .. . .. . . .. . .. .. .. . . . .. • .. .. .. .. .. .. • .. . 243,827 4-7

Aggregate of all liabilities, including stock and net surplus . . . • . . . $718, 208 71

III. INCOME DURING THE YEAR.

Fire. .Marine.

Net cash received for premiums........... $149,292 37 $113,216 01 ---·-- ---- $262,508 38

Received for interest and dividends from all sources ...••••...•....•••.. Income from all other sources .....••.••.•.•..•..••••.•..••.....••••

29,964 90 3,662 68

Aggregate amount of income received in cash.... . . • • . . . . • • . . • • • • $296, 135 96

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66 STOCK FIRE, FlRE-MARINE AND MARINE

IV. EXPENDI'rURES DURING THE YEAR.

FirP.. Marine.

Net amount paid for lo.,ses.... .• . . .• . • . . . . $112,619 89 $74-,586 49 ---- ----- $187,206 38

Cash dividends actually paid ...............................•.•.•.•.• Paid for commissions or brokerage ..••...•...•••..••.••............. Salaries and other charges of officers, clerks and employees ..••........

Paid State, national and local taxes ................................ . All other expenditures, viz: general expenses .•.........•.........••.

20,412 00

47,107 95

12,800 00

6,371 39

15,873 07

Aggregate amount of expenditures in cash....................... $Z89,770 79 -------- ---------

V. MISCELLANEOUS.

RISKS AND PREmIUMS.

Fire ri.~ks. Premiums. Marine risks. Premiums.

In force December 31, 1881. $21,199,076 $194,lJ.l 46 $1,681,826 $40,386 87

Written during the year... . 17, 786,465 11)9, 707 95 22,913,350 199, 627 14

Total..... . . • . . . . . .. • • . • • . $38,985,541 $353,822 41 $24,59."i,176 $240,014 01

Deduct those expired and terminated •.........••.. 20, 759,610 194,0U 14 22,420,281 193,571 04

In force at end of the year. $18,225,931

Deduct amount reinsured.. 426,904

$159,798 27 $2,174,895 $46,442 97

4,034 35 6\.l,817 1,861 62

Net amount in force... $17,798,937 $155,763 92 $2, 105,078 $44,581 35

BUSINESS Ill THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) .•.•....••••.••..............•.......•.......... Premiums received .....................•.•..........•...•........• Losses paid on risks taken ......................................... . Losses incurred in Maine ......................................... .. Amount of taxes paid to the State of Maine on premiums ............. .

$333,425 00

4,009 38

1,532 84

2,232 84

120 28 --------

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INSURANCE COMPANIES OF OTHER STATES. 67

MANUFACTURERS' AND BUILDERS' FIRE INSURANCE COMPANY.

~EW YORK CITY.

INCORPORATED IN 1870. ComrnNCED DuSINESS IN 1870.

EDWARD V. LOEW, President. J. JAY NESTE LL, Secretttry.

Capital paid up in cash, $200,000.

I. ASSETS.

Loans on bond and mortgage, (first liens,) ....................... , , , •

Stocks and bonds owned by tho company, market value ....•••...•....

Loans secured by collaterals ........................... , ......••...•

Cash in company's principal office and in bank .................. , ••••

Interest and routs due nnd accrued .• , .••.........••..........••••..•

Premiums in due course of collection .• , ............................ .

Aggregate of all the admitted assets of the company at their actual

$37,200 00

308,055 25

48,450 00

21,383 89 2,970 86

11, 145 16

value ........... , ...... , .•.•. , . , , ...•.... .'. __ . . . . . . . . . . . . . . . . $429, 205 1 ti

II. LIABILITIE::l.

Losses adjusted and unpaid ..............•...•....•....

Losses unadjusted, including all reported and supposed losses .......... , •••..•..••...........•......•. , .•..

Losses resisted, including interest., costs and expenses ....

$4.,977 18

6, 785 00

3, 125 00

Gross amount of claims for losses....... . . . . . . . • . . . . $14,887 18 Deduct reinsurance and salvage •...•. , ........ ,.... 465 32

Net amount of unpaid losses and claims,............. .. . . .. • • . . • . . • . . $14,421 86 Amount required to safely reinsure all outstanding risks.. . • • . . . . . . . • • 54,444. 78

All other demands against the company, viz: commissions, etc......... 4,068 41

Total amount of liabilities, except capital stock and net surplus ....... . Capital actually paid up in cash .............. , ................... ..

Surplus beyond capital ........................................... .

$72,935 Oit

200,000 00

156,270 11

Aggregate of all liabilities, including stock and net surplus....... $429,205 16

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).................. . • • • .. • • . . .. $111, 136 79

Received for interest and dividends from all sources.................. 20,654 23

Income from all other sources...................................... 1,525 17

Aggregate amount of income received in cash ..••...••••• ,... • . . • $133,316 19

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68 STOCK FIRE, FIRE-MARINE AND .MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire).................................... $74,542 48

Cash dividends actually paid ................. , • .. .. .. .. . .. . • .. • .. .. 13,880 00

Paid for commissions or brokerage.. • • • • . .. . .. .. .. .. .. .. • • .. • .. • • .. • 21, 224 88 Salaries and other charges of officers, clerks and employees.... . • . • • • • • 19,504 80 Paid State, national and local taxes • • .. .. .. . .. • .. .. • .. . .. .. . .. . • .. • 3,354 12

All other expenditures, viz: general expenses .•..•.•••• , • • . • . . • . • . • • • 9, 705 00

Aggregate amount of expenditures in cash....... .. • . .. • • .. .. .. .. $142,211 28

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks, Premiums. In force December 3 l, 1881..... .. • . .. .. • • .. . • .. .. .. .. .. $20,845,430 $102, 775 26

Written during the year............... .. .. • .. . .. .. .. . • 26,362,607 131,511 55

Total ............................................. $47,208,037 $234,286 81

Deduct those expired and terminated.... .. .. . .. • .. .. .. .. 26,369, 123 118,437 71

In force at end of the year ............................. $20,838,914 $115,849 10

Deduct amount reinsured............................... 1,769,103 &,895 81

Net amount in force ............................... $19,069,811 $105,953 29

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ..................................... , ......... .. Premiums received ••..•...••••• , .. , •..•••. , ••. , •.. , •.. , . , . , •• , .••.

Losses paid on risks taken •.••..•....•...•. , ••.••..••...••.•.••••••

Losses incurred in Maine ......................................... .. Amount of taxes paid to the State of Maine on premiums ••. ,., , ... , .•.

$243,210 00

2,143 69 992 29

1,699 15 23 03

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INSURANCE COMPANIES OF OTHER STATES. 6ff

MANUFACTURERS' FIRE AND MARINE INSURANCE CO.

BOSTON, MASS.

INCORPORATED IN 1873. COMMENCED BUSINESS IN 1873.

SAMUEL APPLETON, President. SAMUEL H. WISE, Secretary.

Capital paid up in cash, $500,000.

I. ASSETS.

Real estate owned by the company, unincumbered.... . • • • . • • • . . . • . . . . $80,000 00

Loans on bond and mortga.ge, (first liens) .. • • .. .. . . •• . • .. .. .. • . . • • • 46,600 00

Stocks and bonds owned by the comp.iny, market value............... 485,883 50

Loans secured by collaterals.. . . . . • . . . • . .. • • . . . . .. • • . . . . • • • • . . . • • . • • 104, 290 00

Cash in tho company's principal office and in bank.... • • • • . . . • . • • . . • . . 118, 104 54

Interest due and accrued... . . • . . • • . • . • • . . • . . • • • . • • • • • . • . . • • . . . . . . • . 6, 140 31

Premiums in due course of collection.... .. • . • • • • . • • • . . . . • • . • • . . . . . .. 100, 271 91

Bills receivable, not matured, taken for risks.... . • • • . • • • . • . . . • • . . • • • 28,530 38

Rents and other assets..... • • . . • • • • • . • • .. . . .. . . • . .. • • • . .. • • .. • . • . . • 3,096 72

Aggregate of all the admitted assets of the company at their actual value...................................................... $972,917 36

II. LIABILITIES.

Net amount of unpaid losses and claimr;1,..... • . . . . . . . . .. • .. • • .. • . •• • • $6S,767 51 Amount required to safely reinsure all outstanding risks.......... •. . • 334,877 84

Total amount cf liabilities, except capital stock and net surplus •••• , • Capital actually paid up in cash .................................. .. Surplus beyond capital ........................................... .

$403,645 35

500,000 00 69,272 01

Aggregate of all liabilities, including stock and net surplus....... $972,917 36

III. INCOME DURING THE YEAR.

Fire. Marine.

Net cash received for premiums ••••••.••••• $502,576 30 $221,359 97 ---- -- - $723,936 27

Received for interest and dividends from all sources ••.•••...••••••• , . Income from rents .....••••.••...•••••••.••••••••••..•.••••••••.•••

38, 155 96

4,695 16

Aggregate amount of income received in cash.................... $766,787 3()

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70 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Marine.

Net amount paid for losses ................ $39i,289 28 $22R,101 51 ------ ------ $625,390 rn

Paid for commissions or brokerage .....•..........................•.

Salaries and other charges of officers, clerks and employees ........... .

Paid State, national and local taxes •..•.............................

All other expenditures, viz: general expenses .•.•..................•.

85,621 70

61,273 85

26,942 03

69,226 62

Aggregate amount of expenditures in cash....... . . . . . . . . . . . . . . . . $8ti8,454 99

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums. Marine risks. Premiums.

In force December 31, 1881. $100,179,447 $644,731 54 $3,178,508 $46,415 93 Written during the year .... 80,154,705 643,481 94 31,815,150 279,292 33

Total. .................... $180,334,152 $1,288,213 48 $34.,993,658 $325,708 26

Deduct those expired and

terminated.............. 101,164, 767 598,217 61 33,466,369 289,990 64

In force at end of the year.. $79,169,385

Deduct amount reinsured... 7,007,296

$689,995 87

52,726 32 $1,527,289

284,450 $35, 717 62

6,314 72

Net amount in force.... $7'2,162,089 $637,269 55 $1,242,839 $29,402 90

BUSINESS IN THE ST.ATE OF MAINE DURING THE YEAR,

Risks taken, (fire), ................................................ $1,008,830 00

Premiums receh·ed . . . . . • • . . . • . . . . . . .. . • . • . . • . • . . . . . .. . . • . . . . . . . .. 8,048 15

Losses paid on risks taken.................. • . .. . . . . .. . • .. .. . . .. . . . . 9,978 21 Losses incurred in Maine .........•......••......••......••.•.....•

Amount of taxes paid to the state of Maine on premiums .........••••• 9,978 21

160 96

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I5SGRANCE COMPANIES OF OTHER STATES. 71

MERCHANTS' INSURANCE COMPANY.

NEWARK, N. J.

I:-.coRPORATED IN 18:i8. Comrn:o.cEo Busnrnss 1:0. 1858.

Hl!.:NRV POWLES, President. J. R. MULLIKIN, Secretnry.

Capital paid up in cash, $400,000.

I. ASSETS.

Real estate owned by the company, unincumbered........ • . • . . • . . . • . • $163,362 06

Loans on bond and mortgage, (first liens,)......... . .. .• •. .. .. •• .... 351,964 96

Stocks and bonds owned by tho company, market value;...... . . . . . • • • 398,_352 00 Loans secured by collaterals........................................ 147,R25 00 Cash in the company's principal office and in bank.................... 46,871 01

Interest and rent8 due and accrued..................... . . . . .. • . • . .. 18,531 08

Premiums in due course of collection.... • . . . • . • • .. .. .. .. . .. . .. .. .. .. 36,855 22

Bills receivable, not matured, taken for risks........ . • .. • .. • . • • . . • .. 410 .59

Aggregate of all the admitted assets of the company at their actual

value ...................................................... $1,164,171 92

II. LIABILITIES.

Losses adjusted and unpaid.................... . . • . • .. . $14,478 79 Losses unadjusted, including all reported and supposed

losses . . . • . . . . . . .. . . .. • .. .. . • • • . . . . . . . . . • . . . . • . . . • • 19,679 82 Losses resisted, including int.erest, costs and expenses.... 4, 700 00

Gross amount of claims for losses ................. .

Deduct reinsurance and salvage .......•.••.••••....

$38.858 61 1,250 00

Net amount of unpaid losses and claims..... . . . . . . • . . . . . . .. • . .. . .• .. $37,608 61 Amount required to safely reinsure all outstanding risks.............. 281,41.5 95

All other demands against the company, ,iz: commissions, etc . • • • . . . . 20,489 83

Total amount of liabilities, except capital stock and net surplus.;..... $339,514 39

Capital actually paid up in cash.... . • .. . .. . . • .. .. • . . .. • • .. • . . • • . . • . 400,000 00 Surplus beyond capital . . • . . . . . . • . • . . • . . .. • . • . . . • . . . . • • . . .. . . . . . . . . 424,657 53

Aggregate of all liabilities, including stock and net surplus ........ $1,164,171 92 ---------·- --

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• 72 STOCK FIRE, FIRE-MARIN.l!l AND MARINE

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $464,952 53

Received for interest 1rnd dividends from all sources . • .. . • .. .. .. .. .. . • 47,743 22 Income from rents . . . • . . • • • • • • . • • . • • • • . • • • . • • . . . . • • . . . . . . • • • . • • . . . 4,840 99

Aggregate amount of income received in cash.................... $f-17,536 74

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (firti),.................... •• .... •• .. . . . • $261,204 06

Cash dividends actually paid .. . • .. . . .. . .. • . .. .. .. .. .. .. .. . . .. .. .. .. 4 7, 263 04

Paid for commi~sions or brokerage.. .. .. .. .. . . .. . . . . . . . . .. . . .. .. . .. • 87 ,54Z 67

Salaries and other charges of officers, clerks and employees.... . . . . . • . • 31,505 46

Paid State, national and local taxes................. .. .. .. .. .. .. .. .. 15,575 21

All other expenditures, viz: general expenses . . . . . .. .... ... • .. .. .... 40,27i4 59

Aggregate amount of expenditures in cash • . . . . . • • • • . . . . • • • • . • • • $483,345 03

V. MISCELLANEOUS.

RISKS AND PREMIUMS, Fire risks. Premiumtr.

In force December 31, 1881 $51,868, 177 $457,337 90

Written during the year .............................. . !>8,558,568 5 !0,324 99

Total............................................... $110,426,74,> $967,662 S9

Deduct those ox pi red and terminated ....•.•...•.•. , .... 53,140,9.jl 422,618 12

In force at end of the year . .. . .. .. . . . . . . .. •. .. . .. • .. .. $57,28:-;,rn4 $545,044 77

Deduct amount reinsured...... . .. • . • .. .. . . .. .. .. . • .. . . . 486,363 4,762 65

Net amount in force............................... $56,799,431 $540,282 12

BUSINESS IN THE STATE OF l\lAINE DURING THE YEAR,

Risks tal{en, (fire)................................ .. . . ............ $343,80.'l 00

Premiums received ......••.••.•....•.•... , . . • . . • . . • • • • . . . . . . . • . . . • 3,588 09 Losses paid on risks taken...... .. .. . . .. .. . • . . .. .. .. .. .. .. • . .. .. . .. . 3,823 14 Losses incurred in Maine... . .. . . .. . .. .. .. . . .. . . . .. . .. .. .. .. . .. . .. • • 3,823 14

Amount of taxes paid to the State of Maine on premiums...... . . . • . • • • 71 76 ---~----

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INSURANCE COMPANIES OF OTHER STATES.

MERCHANTS' INSURANCE COMPANY.

Pl-WVIDENCE, R.. I.

!NCORPOUA TED IN 185 l. ComrnNCED BUSINESS IN 1851.

W. '1'. BARTON, President. WILLIAM P. GOODWIN, Secretan1,

Capital paid np in cash, $200,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) ........................... . Stocks and bonds owned by the compauy, market value .......•.•....•• Loans secured by collaterals .••..................••.....•..•....•••• Cash in the company's principal office and. in bank .•...•••.•.•..••.•••

Interest due and accrued ...••.•..•••••••..•.••••.•••••.••••..•..••• Premiums in due course of collection .••.•..•.•••..•.••.....•••.•••••

Aggregate of all the admitted assets of the company at their actual

$3,000 00

276,089 00 20,075 00

109,914 24

217 08

19,205 94.

value...... •• • • • . • • . • • • .. .. .. • • . • .. • • .. • • .. .. . • .. .. . . • . .. .. $128,501 2G

II. LIABILITIES.

Losses adjusted and unpaid ........................... . Losses unadjusted, including all reported and supposed

losses ...•••.•••.•••.••.••••.•••..••.••...••.••....•

Losses resisted, including interest, costs and expenses ....

$7,309 50

12,650 00 2,500 00

Net amount of unpaid losses and claims.............. . • .. .. .. .. .. .. .. $22,459 50

Amount required to safely reinsure all outst::.nding risks. .. . . .. . .. .. 123, 130 70

All other demands against the company, viz: commissions, etc......... 880 4ti

Total amount of liabilities, except capital stock and net surplus........ $146,470 6G Capital actually paid up in cash.... .. .. .. • . . • • • . . . • . . .. • . . • . . • • .. .. 200,000 00 Surplus beyond capital................ • • • • • • • • .• • . .. .. . . .. .. .. .. . . 82,030 60

Aggregate of all liabilities, including stock and net surplus. . • . .. $428,501 2li

III. INCOME DURING THE YEAR.

Fire.

Net cash received for premiums. . •• .. •. •• $203,640 27

Marine.

$5,109 65 ------ ----- $208, 749 92

Received for interest anl dividends from all sources ................ .. 19,004 31

Aggregate amount of income received in cash.................... $227,754 23 -----·---

8

Page 116: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Marine,

Net amount paid for los:;:es.......... .• . . • . $129,826 09 $1,443 26 ----- ----- $131,'269 35

Cash dividends actually paid ..................................... .

Paid for commissions or brokerage ......•.•...•...••.......••.••...•

Salaries and other charges of officers, clerks and employees .....••.....

Paid State, national and local taxes •.........•.•.•.•..•••.••...•..••

12,000 00

36,931 38

25,740 17 5,501 63

Aggregate amount of expenditures in cash............... . . . • . . . • . . . • $211,442 53

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums. Marine risks. Premiums.

In force December 31, 1881.... $16,901,621 $178,443 80

·written daring the year ..... . 21,079,072 233,429 73

TotaL.......... . . • . .. . . . . . . $37,980,693 $411,873 53 Deduct those expired and

terminated... . . .......... . 16,834,017 169,860 26

In force at end of the year.... $21,146,676 $242,013 27

Deduct amount reinsured ...... 330,501 3,491 27

Net amount in force .... $20,816, 175 $238,522 00

$28,058

681,876

$709,934

659,5'i9

$50,355

$50,355

BusINJ<~SS IN THE STATE OF MAINE DURING THE YEAR.

$203 86

5,729 49

$,5,933 35

5, 169 44

$763 91

$7(i3 91

Risks taken, (fire) ................................................. $1,139,199 00 Premiums received ............................................... .

Losses paid on risks taken .••..•.•......••••••••••.•.•.•.••. , .....•. Losses incurred in Maine ...•.•....••...••••••.••••..•...•.•....••• Amount of taxes paid to the State of Maine on premiums ..•••.

12,512 26

11,769 40 11,251 40

250 24

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IN.:lURANCE COMPANIES OF OTHER STATES. 75

MERIDEN FIRE INSURANCE COMPANY.

MERIDEN, CONN.

INCORPORATED IN 1868. COMME::.CED BUSINESS IN 187 2.

A. CHAMBERLAIN, President. E. B. COWLES, .Secretary.

Capital paid up in cash, $200,000.

I. ASSETS,

Loans on bond and mol'tgage, (first liens) , . . . . • • . . • • . . • • . • • • . • • • • • • • $:13,000 00

Stocks and bonds owned by the company, market value... . • . . • • • . . . . • 235, 145 00

Cash in the company's principal office and in bank • . . . • . . • • • . • . . . . • • 14,428 31

Interest due and accrued . . .. • • . • •.• .• .. •• • • . • • • .. • • • .. • .. .. . • •• . • • • 1,410 50,

Premiums in due course of collection........ .. . .... ..•• .. .. .... .... 5,001 26.

Rents, etc ............................... , . • .. . . • . . • .. . . .. .. • . . . • . 4, 291 95

Aggregate of all the admitted assets of the company at their actual

value ........................ , , •• •• • • • • .• • • . •• • •• . • . . . . . • . • $293,277 02

II. LIA TIILITIES.

Losses unadjusted, including all reported and supposed

losses .•......•...•.. , •....•.......•..•.....••.•.•• , Losses resisted, inclmling interest, costs and expenses ....

Gross amount of claims for losses ...•.••••.•..•...•. Deduct reinsurauce and salvage ••.......•••.••..••.

$3,891 78

3, 172 00

$7,06:J 78

32.'i 00

Net amount of unpaid losses and c!aims ............................. .

Amount required to safely reinsure all outstanding risks. . ..•...•.•••

All other demands against the company, viz: commissions, etc .••...•.

$6,738 78:

29,883 70

300 00

Total amount of liabilities, except capital stock an<l net surplus....... $36,922 48

Capital actually paid up in cash.... . . . . .. . • .. . • . .. . . .. • . • • . . • • • . • . . 200,000 0;)

Surplus beyond capital. ....................... :,.. .• .. .. .. .. .. . .. . 56,3.14 54

Aggregate of all liabilities, including stock and net surplus....... $293,277 02

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)............................... $51,359 69·

Received for interest and dividends from all sources.. . • • • . • • • . . . . . • • . 13,527 94

Income from all other sources .. • . • . .. . . • • • . • • .. .. . • . . • . • • • • • • • • . • • • 1,504 78

Aggregate amount of income received in cash.... • • • • • • • . • • • • • • • • $G6,392 41 -----~ -------

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76 STOCK FIRE, FIRE-MARIX.E AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire)................................... $33, 743 77

Cash dividends actually paid... • . • • .. • • . • • . • . . • .. • • . .. . . . .. . . . . . • . • 8,000 00

Paid for commissions or brokerage.. . . . • • . • . . . . . . . . . . . • . . . . • . . • . • . . . 8,555 93

Salaries and other charges of officers, clerks and employees........ . • . . 4,000 00

Paid State, national and local taxes..... • • • • . • • . .. . . . .. . . • . . .. . • .. .. 1, JOI 61

All other expenditures, viz: general expenses........................ 1,935 24

Aggregate amount of expenditures in cash ......••....•••...•.••.

V. MISCELLANEOUS.

RISKS .AND PREMIUMS.

In force December 31, 1881 .......................... .

\Vritten dunng the year ............•••••.•••.•.•...•

Fire risks.

$6,036,270

6,542,283

$57,336 55

Premiums.

$59,857 89

GS,693 97

Total. .. . . . . .. . . . . . . . • . . . . . • . . • . . . .. . . . . . • . . .. .. .. . . $12,5 78,:'i53 $128,551 86

Deduct those expired and terminated...... .. . . . .. . . . .. 5,313,144 54,588 48

!n force at end of the year ........................... .

Deduct amount reinsured ..•. , , .•.•••••.•.••.••••••••

Net amount in force ............••••..••..••...•.

$7, 265,409

1,427,790

$5,837,619

BUSINESS IN THE ST.ATE OF MAINJ<: DURING THE YEAR,

tRisks .taken, (fire) ............................................... . !Premiums received ................................................ . Losses paid on .risks taken ... , .•....•..•.•....••.. , ..•....•..•••.••• Losses incurred in Maine ......................................... . .Amount of taxes paid to the State of Maine on premiums ............. .

$73,963 38

15,048 49

$58,914 89

$242,925 00 2,550 70

801 30 801 30

34 99

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INSURANCE COMPANIES OF OTHER STATES. 77

~ATIONAL FIRE INSURANCE COMPANY.

HARTFORD, CONN.

INCORPORATED IN 1871. Co1n1ENCED Bu8INESS IN 1871.

MARK HOWARD, President. ,TAMES NICHOLS, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered.... ..••.. .• .•.• .. . . $33,851 98

Loans on bond and mortgage, (first liens) . . . . . . . . . .. . • • • • • • • . • • . . . .. 388,000 00

Stocks and bonds owned by the company, market value............... 1,083,815 00

Loans secured by collaterals.... .. . . . . . • . . • . . . • . . . . • . . . . • . . • . . . . . • • • 4 6,420 00

Cash in the company's principal office and in bank........ • . .. .. •• . . . . 163, 749 93 lnterest due and accrued....................... .. • • • . • • • . . • . . . . • • • • 17,444 38

Aggregate of all the admitted assets of the company at their actual value ....................................................... $1,733,281 29

II. LIABILITIES. Losses adjusted and unpaid.................... . . . . . . .. $14,314 82

Losses unadjusted, including all reported and supposed losses .....•...•..•..•....•...••.........•••..••....

Losses resisted, including interest, costs and expenses .... 9,544 00 4,000 00

-------~.

:Net amount of unpaid losses and claims......... .• .. . . • • • . • . . . . . . . . . $27,858 82

Amount required to safely reinsure all outstanding risks.............. 241,296 66

Total amount of liabilities, except c:1,pital stock and net surplus....... $269, 155 48 Capital actually paid up in cash.... • . • • • • • • • • • . . . . • . . . • • • • . • • • • . • • • 1,000,000 00 Surplus beyond capital.... . . . • . • • . • • • • . . • • • . • • • . • • • . . . • • • • . • • . • . • • 464, 125 81

Aggregate of all liabilities, including stock and net surplus •...••• $1,733,281 29

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................. .

Received for interest and dividends from all sources ................ ..

Income from all other sources ..•..•••••••••••••••••.•••••••••••••••

-----

$381,496 83

89,770 3& 5,598 6S

Aggregate amount of income received in cash • . . • • • • • • • • • • • • • • • • $4 76,865 81 ------

Page 120: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

78 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................. ..

Cash dividends actually paid ...................................... .

Paid for commissions or brokerage ................................ ..

Salaries and other charges of officers, clerks and employees ••..••••••.•

$227,688 43

100,000 00

57,258 16

30,112 74 Paid State, national and local taxes................................. 11,327 76

All other expenditures, viz: general expenses •...••..•.•..••.••.•••• _-2~, 7371

22

Aggregate amount of expenditures in cash...................... $451,124 31

V. MISCELLANEOUS.

RISKS AND PREJ\IIUMS.

Fire risl,s. Premiums.

In force December 31, 1881. ......................... . $38,504,561 $404,492 H

Written during the year ............................ .. 41,87,5,645 420,272 69 ------ ------

Total ...............•...•.....•••••••••••...•..•... $80,380,206 $824,765 13

Deduct those exp Ired and terminated ...•••..•..•••••.• 36,!l3l,OG3 358,130 98 ----- ------

In force at end of the year •..••••.••••••••••••••••••• $43,449,143 $4li6,G34 15 Deduct amount reinsured ............................ . 534,853 5,896 50

------ -----Net amount in force ... .,........................ $42,914,290 · $460,737 6.=;

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ............................................... . Premiums received ...••••••.••••.••.•••••..•••.•••.•••..•.•.••...• Losses paid on risks taken .•.••.•••••.• , ••••.• , •••••••.••••••••••••• Losses incurred in Maine ........................................ .. Amount of taxes paid to the State of Maine on premiums .•..•...•••.•.

$670,600 00

6,777 41 ?,791 43 2,791 H

79 70

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INSURANCE COMPANIES OF OTHER STATES.

NATIONAL FIRE INSURANCE COMPANY.

NEW YORK CITY.

INCORPORATED IN 1838. COM:ltIENCED BUSINESS IN 1838.

HENRY T. DROWNE, President. I!'. J. WALTON, ,\'ecretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered ...............••••

Loans on bond and mortgage, (first liens) •......•...................

Stocks and bonds owned by the company, market value ............... . Cash in company's principal office and in bank ...................... .

Interest due and accrued.. . •.•.•.....•.....•....••.......••.•..•...

Premiums in due course of collection ..•....•........................

Aggregate of all the admitted assets of the company at their actual

$9,995 7t.i

82, 738 98

264,567 50 10,481 67

3,594 88

15,802 94

value . . . . • . . . . . . . • • . . . . . • • • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • . $387, 181 73

II. LIABILITIES. Losses adjusted and unpaid .........•......•.•......... Lo~ses unadjusted, including all reported and supposed

losses .......••.•••...••.••.......•..............•.•

$3,800 00

8,700 00

Net amount of unpaid los8es and claims,........ .. . . .. . . . . . . . . . . .. . $12,500 00 Amount required to safely reinsure all outstanding l'isks.......... .. •. 107,213 06

Total amount of liabilities, except capital stock and net surplus ...... .

Capital actually paid up in cash ...........•........................

Surplus beyond capital ....•..•.••.•.....•.•.......................

$119,713 OG

200,000 00

67,468 67

Aggregate of all liabilities, including stock and net surplus . . . . . . $387, 181 73

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .. . . . . . . . . .. • . .. . . .. . . . .. . .. . . $220,862 \HJ

Received for interest and dividends from all sources.. . . • . . . . . . . . . . . . • 19,065 68

Income from rents..... • . . . • • • . . • • . . . . . • • • . • . • . . . . . • • • . • • • . . . . . . . • 819 58

Aggregate amount of income received in cash.................... $240,748 16

Page 122: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

80 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) . . • . • . .....••.•.•..••...........•.

Cash dividends actually paid... • ................................ .

Paid for commissions or brokerage .....•.••....•.•••••••••••.•••••••

Salaries and other charges of officers, clerks and employees ..•...••.••.

Paid ~tate, national and local taxes ................................ . All other expenditures, viz: general expenses ....................... .

$184,924 5G

20,000 00

4.4.,832 00

28,6!)9 43

3,708 42 20,6&8 69

Aggregate amount of expenditures in cash... • • • . . • • . . • • . . • • • . • . • $302.863 10

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

In force December 31, 1881..

\'Vritten during the year ............................. .

Total .....••.....•••..•..•.•.•••.•••........••••.•••

Deduct those expired and terminated .•••••.•.••.•....••

In force at end of the year .•..•••...•..•••••••••.•.•••

Deduct amount reinsured...... • • • • . . • . •.•.••..•••..•.

Net amount in force .••.•..•.....•••.••.•••.•.••••

Fire ri.~ks.

$32,132,874

34,024, 791 -----

$66,157,665

36,174,685 ------

$29,982,980

289,963 ------

$29,693,017 ::::=::----========:

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ...................................... , •••.•••• Premiums received .•••••••...•.•.•..•.•..•..••..•.•.••..•..•.•.•••

Amount of taxes paid tQ the State of Maine on premiums .•••••••••.•••

Premiums.

$264,942 38

262,958 06 ------$527,900 44

312,155 65 -----$215,744 79

2,205 03 -----$213,539 ';'6 -------------

$75,650 00 581 90

11 64

Page 123: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMPANIES OF OTHER STATES. 81

~EPTUNE FIRE AND .MARINE INSURANCE COMPANY.

BOSTON, MASS.

INCORPORATED IN 1872. COMMENCED BUSINESS IN 1873.

GEORGE F. OSBORNE, President. EUGENE B. HINKLEY, Secretriry.

Capital paid up in cash, $300~000.

I. ASSETS.

Stocks and bonds owned by the company, market value, ...•.•..••..••

Cash in the company's principal office and in bank ................... .

Interest due and accrued .......................................... . Premiums in due course of collection .••..•••..•...••.••.•..•...•...•

Bills receivable, not matured, taken for risks .•••..••.•••..••..••.••.

Aggregate of all the admitted assets of the company at their actual

$449, 175 50

20,582 36

3.,970 00

16,709 41

16,929 93

value . . . . . . . . . • . . • . . . . . . . • • . . . . . . . • . • . . • • . • . • • • • • • • . . . . . . • • $507, 367 20

II. LIABILITIES.

Net :1mouut of unpaid losses and claims, (adjusted) .................. .

Amount required to safely reiusure all outstanding risks ............. .

All other demands against the company, ,·iz: commissions, etc ....... .

-----

$16,000 00 83,489 04

1,412 00

Total amount of liabilities, except m1pital !"tock and net surplus........ $100,901 04 Capital actually paid up in cash . . . . .. . • . . .. . .. . .. .. .. .. . . .. . . • • 300,000 00 Surplus beyond capital .. .. • . • • .. • . . . . . . • . • • • • • .. • • • • • • • • • . .. • • • • • . 106,466 16

Aggregate of all liabilities, including stock and net surplus....... $f>07,367 20

III. INCOME DURING TH.E YEAR.

Fire. Marine.

Net cash received for premiums....... •••• $115,115 47 $31,460 24 --·-- ----- $146,575 71

Received for interest and dividends from all sources... • • • • • • • • . • • . • • • .. 24,033 46

Income from all other sources . . • . . • • • • • . • • • • • • . • • • • • . • • • • • • • • • • • • • • 2, 200 00

Aggregate amount of income received in cash ..• , • • . • . • • • . . . . • • • • $172,809 17

Page 124: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

82 STOCK FIRE, FlRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Marine.

Net amount paid forlosses .•••••••.•••.••• $99,585 76 $'23,4 71 43 ·---- ---- $123,057 19

Cash dividends actually paid ....................................... .

Paid for commissions or brokerage ..••...•••.•••.....•.....•..•.••.•

Salaries and other charges of officers, clerks and employees •.••.•••••••

Paid State, national and local taxes ................................ .

AU other expenditures, viz: general expenses ••...•••••••.•••••••••••

30,000 00 19,841 51

15, 153 34

5,019 54

6,154 73

Aggregate amount of expenditures in cash ....................... J}99,226 -~2

V. MISCELLANEOUS.

RISKS AND PREmIUMS.

Fire risl,s. Premiums. Marine risks.· Premium:<,

In force December 31, 1881. Written during the year ....

$9,989,529 $117,!l07 77 $1,725,134 $25,554 79

9,820,870 110,078 08 626,079 18,848 41

'Iota!..................... $19,810,3U9 $227,98;":i 85 $2,3,il,213 $44,403 20

Deduct those expired and terminated ....•.....••. 9,2G2,009 97,264 70 1,224,118 26,015 07

In force at end of the year. $10,548,390

Deduct amount reinsured. . 10,500 $130, 721 15 $1,127 ,095 $18,388 13

59 00

Net amount in force... $10,537,8\.JO $130,662 15 $1,127,095 $18,388 13

BUSINESS Ill 'l'HE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ............................................... . Premiums received ............................................... .

Losses paid on risks taken .......................................... . Losses incurred in ~Jaine .....•..••....•..........•..........•...•..

Amount of taxes paid to the State of Maine on premiums ............. .

$192,330 00 2,038 77

1,059 31

2,459 31 40 77

--------

Page 125: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANC]!] COMPANIES OF OTHER STATES. 83

NEWARK FIRE INSURANCE COMPANY.

NEWARK, N. J.

INCORPORATED IN 1810. COMMENCED BUSINESS IN 1810.

CHARLES S. HAINES, President. JOHN J. HENRY, Secretary.

Capital paid up in cash, $250,000.

I. ASSETS.

Real estate owned by tho company, unincumbered ............ , .•••...

Loans on bcmd and mortgage, (first liens) ............. , ............ , • Stocks and bon<la owned by the company, market valuo ........... , •..• Loans secured by collaterals .... , .................................. .

Cash in company's principal office and in bank .......•........•.•....•

Interest and rents due and accrued •... , ..•...•............. , .• , ••.•

Premiums in due course of collection ............................... .

Bills receivable, not matured, taken for risks ....................... .

Aggregate of all the admitted assets of the company at their actual

$68, 700 00

275,610 00

259,972 50

3,500 00

37,171 99

7, 187 05

18, 174 30

724 63

value.............. . . . . .. . . . . . . . . . . .. . . .. . . .. . . • . . . . . • . .•• . $671,0,10 47

II. LIABILITIES.

Losses adjusted and unpaid ...•................ , ...... . Losses unadjusted, including all reported and supposed

losses ...............•••.....•••.................•.• Losses resisted, including interest, costs and expenses .•..

$11,943 71

5,410 00

1,600 00

Gross amount of claims for losses................... $18,953 71 Deduct reinsurance and salvage.................... 85 87

Net amount of unpaid losses and claims..... . . . . . . . . . . .. . . . . .. . . .. . . $18,867 84 Amount required to safely reinsure all outstanding risks.............. 123,420 22

All other demands against the company, viz: commissions, etc........ 11,553 46

Total amount of liabilities, except capital stock and net surplus....... $153,841 52

Capital actually paid up in cash................ .. • . . • .. • .. • .. . • . • . . 2,'i0,000 00

Surplus beyond capital .. . . .. • . . . . . . . • . .. . . . . . . .. . . • • . . . . .. • • . . • . .. 267, 198 95

Aggregate of all liabilities, including stock and net surplus .. $671,040 47

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .............................. $178,558 73 Received for interest and dividends from nll sources................... 32,925 98

I11come from rents ..••..•......•..•........•••...•.•••..•.• , • . • . . • • 1,534 22

Aggregate amount of income received in cash........ . . . • .. •• . • • • $213,018 93

Page 126: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

84 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .......••.••.••..•...•...••..••...•

Cash dividends actually paid ................................... ..

Paid for commissions or brokerage ........•..•.•.•.........••..•..•.

Salaries and other charges of officers, clerks and employees ......••..•.

Paid State, national and local taxes ............................... ..

All other expenditures, viz: general expenses ..................... ..

$164,0-!9 01

24,912 85

37,246 47

15,373 91

7,483 32

1(3,026 ti5

Aggregate amount of expenditures in cash... . . . • • • • • • . • . • • . • • • • $26:'>,092 21

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

In force December 31, 1881. ......................... .

Written during the year ............................ .

Total ............................................. .

Deduct those expired and terminated .• , .••.••••••..••.

ln force at end of the year •.......•.•.••...•.•.•..•..

Deduct amount reinsured .•••.•..•.•.•.••• , • , , , •••....

Net amount in force •..••.•.••.••....••.•.••.••..

Firt'. 1isks.

$30,822,403

26,040,211 ------

$56,862,614

28,369,702 ------

$28,-192,912

609,0i9 ------

$27,883,833

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) .• , ••..•.•..•.•.•....• , ••••..••••....•.• , ••.•.•.

Premiums received ..••.•.... , ...•.....•.••.........•.•...•.... , .•.

Losses paid on risks taken .................................. ,, ..... .

Losses incurred in Maine .......................................... ,

Amount of taxes paid to the State of Maine on premiums , .......... ..

Premiums.

$300,923 04

213,395 26 ·------

$514,318 30

262,159 50 ------

$2,'i2,158 80

5,055 26 ------

$247,103 54 -~---------------·

$418,319 00

4, 755 78

4,520 62

3,510 62

95 10

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INSURANCE COMPANIES OF OTHER STATES.

NEW HA~'lPSHIRE FIRE INSVRA.NCE COl\iPANY.

MANCHESTER, N. II.

INCORPORATED TY 1869. ComrnNCED BUSINESS IN 1870.

J. A. WESTON, President. J. 0. FRENCH, :Secretary.

Capital paid up in cash, $500,000.

I. ASSE'rs.

Loans on bond and mortgage, (first liens) ............••.•..•. , ......•

Stocks and bonds owned by the company, market value .....•.........

Loans secured by collaterals ..........•...................•.........

Cash in company's principal office and in bank •.....•.••.•.••.•••.•..

Interest due and accrued .....•...••.••.•••.•.....•........•••.....

Premiums in due course of collection.... . • • • • • . . • • • • . . . . ••..•......

Aggregate of all the admitted assets of the company at their actual

$76,446 86 657,605 OU

76,862 50

75, 194 05

7,984 00

21,039 96

value ........................................ ,...... .• •• .• . . $915.132 37

II. LIABILITIES.

Losses adjusted and unpaid............................ $25,162 82 Losses unadjusted, including all reported and supposed

101,ses ........•.•••..•..•.•....•.•.••••.••.•••.•..•

Losses resisted, including interest, costs and expenses .•••

5,500 00 2,500 00

Net amount of unpaid losses and claims.............................. $33,162 82 Amount required to safely reinsure all outstanding risks.............. 177,561 59

Total amount of liabilities, except capital stock and net surplus . . . . . . . $'HO. 724 .U

Capital actually paid up in cash........ • • • • • • • . .. .. .. . . .. .. .. • • .. . • 500,000 00

Surplus beyond capital . . • . . • • • . . . . .. . . .. .. . . • • . . • • . • . . .. . • . .. . . .. • 204,407 96

Aggregate of all liabilities, including stock and net surplus........ $915,132 37 -~--------

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)...... • • .. . .. • • . . • . . • . .. • . . • . . $346,9,j 1 90

Received for interest and dh·idends from all sources.. . . . . . . • • . • • . . . . . 35,">22 8ll

Aggregate amount of income received in cash .••••.•.. , •. ,....... $382,474 79 ---------

Page 128: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

8G STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXP.ENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Cash dividends actually paid .....•..•••.•.•..•...••................

Paid for commissions or brokerage ..•.••..•...•........•..•......•..

Salaries and other charges of officers, clerks and employees ..••........

Paid State, national and local taxes ............................... ..

All other expenditures, viz: gcnernl expenses ...................... ..

$207,409 52

20,000 00

67,996 45

14,344 29

9,997 60

16,398 77

Aggregate amount of expenditures in cash... . • . • . . . • . • . • . . • • . • • • $336, H6 63

V. MISCELLANJi~OUS.

llISKS AND PREMIUllfS,

In force December 31, 1881. ......................... .

Written during the year ............................ ..

Total ...•...•••...•.•••.....••..•••.•••..•..•....•.

Deduct those expired and terminated .••..••••• , .•..•• ,

In force at end r,f tho year •...•. _ ••.•..••.•••.•......

Deduct amount reinsurod •.•...•.•..•...•..•.•.•.•....

Net amount in force ............................ .

Fire risks.

$25,910,716

3:-i, 272,500 ------

$61,183,21G

31,782,640 ------

$29,400,576

1,252,000 -----

$28, 148,57(;

BUSINESS IN TIIE STA'l'E OF MAINE DORING THE YEAR,

Risks taken, (fire) .............................................. , •

Premiums received ..• , ... , .•... , .•.....•...•.•••••.. , •.••••• , • , .. .

Losees paid on risks ta ken., ..••..•......• , ...•...•..•••...... , ••... Losfes incurred in Maine ............ , ...........•....•.......•.....

Prem1un,s.

$'.!U:3,413 63

399,581 12 ------

$692,994 75

343,406 88 ------

$3-i\l,587 87

14,417 06 ------

$335, 170 81 ------~---~---------·-~

$874,315 00

ll,112 86 l:l,9,j(i 18

1:l,956 IS ---------

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INSURANCE COMPANIES OF OTHER STATES. 87

NEW YORK BOWERY FIRE INSURANCE COMPANY.

NEW YORK ClTL

INCORPORATED IN }833. COMMENCED BUSINESS IN 1833.

JOHN A. DELANOY, JR., President. HENRY GRIF1''EN, Secretary.

Capital paid up in cash, $300,000.

I. ASSETS.

Loans on bond and mortgag11, (first liens) , ................. , ....... .

Stocks and bonds owned by the company, market value ..••..•......•.. Loans secured by collaterals .........................••..•...•.....

Cash in the company's principal office and in bank .............••.....

Interest due and accrued.. . ....................••...•....•.•....••

Premiums in due course of collection ..• , .......•...•.••......•.•..••

Aggregate of all tho admitted assets of the company at their actual

$49,700 t)O

807,025 00

15,796 30 8, 285 48

1,070 63

31,000 00

value............................ .• . . .• . . . . . . . • • . .. • . .. . . . . $912,877 41

II. LIABILITIES.

Losses unadjusted, including all reported and supposed losses.. . . . . . . . . . • • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40,500 00

Losses resisted, including interest, costs and expenses.... 11,600 00

Net amount of unpaid losses and claims.............................. $52, 100,00

Amount required to safely reinsure all outstanding risks.... . . . . . . . • . . 177, '205 27

All other demands against tho company, viz: commissions, etc........ 7,200 00

Total amount of liabilities, except capital stock and net surplus . • • • . . • $236,505 27

Capital actually paid up in cash.... . . . . . . . . . . . . . . • . • • • • . • • . . • . • • . • • 300,000 00

Surplus beyond capital................................ •• . • •• •• . . . . 376,372 14

Aggregate of all liabilities, including stock and net surplus....... $912,877 41

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $332,243 57

Received for interest and dividends from all sources.. • • • • • • • • • • • • . • • • 34,308 23

Aggregate amount of income received in cash ..•••••••• , • . • • • . • • • $:Hi6,55 l 80

Page 130: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

88 STOCK FIRE, FIRE-MARINE AND .MARINE

IV. EXPEND::::TURE8 DURING THE YEAR.

Net, amount paid for losses, (fire) ................................ ..

Cash dividends actually paid .•.••..•......•....•...•......••...•...

Paid for commissions or brokerage...... . . . . . . . • . . . . . ........•..•••

f;al,.ries and other charges of officers, clerks and employees ....•....•..

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ....•...

Aggregate :imount of expenditures in cash ...... .

V. MISCELLANEOUS.

RISKS A.ND PRE:UIUllS.

In force December 31, 1881 .......................... .

\Vritten during the year ••.•.•.••..••••..•..•.•.•.••••

Total .•

Deduct those expired and terminated .........•..••...•

In force at end of the year •...•••••••••••••••••••••••

Deduct amount reinsured •••.•.•••••...•••••....••..•.

Net amount in force •.•••..•..•.•...•....•.....••

Fire risks.

$48,745,319

52,221,328 ------$100,96H,647

50,612,483 ------

$50,354, 164

l,252,132 -------

$49,095,032 ---------

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) .•••••••••...•••••••••..••••......•••••••....•••

Premiums received ............................................... .

Losses paid on risks taken .•..•.•...•••.•..••••••••••••.....•••••••

Losses incurred in Maine .•.•..••.•••.••..••••••.•..••.•.•.••..••..

Amount of taxes paid to the State of Maine on premiums ...•.•.•.•.••.

$217,059 7:!

60,000 00

48,452 23

33,248 OJ

5,448 67

l9,.'i52 24

$383, 760 92

Premiums.

$273,551 88

358,505 23 ------

$632,057 11 283,972 31

------$348,084 80

9,864 12 ------

$338,220 68 ---------

$413,498 00

6, 114 88 598 or, 623 05

110 34

Page 131: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMPANIES OF OTHER STATES.

NIAGARA FIRE I~SURANCE COMPANY.

NEW YORK.

INCORPORATED IN 1850. Co:mmNCED BUSINESS IN 18."iO.

PETER NOTMAN, President. THOMAS F. GOODRICH, Secretary.

Capital paid up in cash, $500,000.

I. ASSETS.

Real estate owned by the company, unincumbered .•....••.•.•...•.•.•

Loans on bond and mortgage, (first liens) ..................•.•......

Rtocks and bonds owned by the company, market value .........•....•

Loans secured by collaterals .....•........••.............•.••••..•.•

Cash in the company's principal office and in bank .•..•.....••..••.•••

Interest due and accrued ..•..••....••••.••••••••.•••••.••••••••.•.•

Premiums in due course of collection •...••...••.•••...•••••.•••..••

Other assets ..•...•••••.•.•.••.....••••••...••.••••.••••••••••.•••

Aggregate of all the admitted assets of the company at their actual

i,22,000 00

105,700 00

1,410, 735 00

9,500 00 42,567 88

17,265 42

170,824 07

1,897 98

value .••.••••••......••..••.•••..••.••••..•.••..••••••..... $1, 780,490 35

II. LIABILITIES.

Losses unadjusted, including all reported and supposed losses . . . . • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • . . . . $143, 762 83

Losses ·resisted, including interest, costs and expenses.... 8, 237 17

Net amount of unpaid losses and claims • . . . • . . . •• . • . • . • .. • . ... . . • • • $152,000 00

Amount required to safely reinsure all outstanding risks.............. 591,086 33 All other demands against the company, viz: commissions, etc . . . . . . . . 25,545 50

Total amount of liabilities, except capital stock and net surplus....... $768,631 83 Capital actually paid up in cash.... . . . . . . . • . . • . . . . • . • . • . . . • • . . . .. . • 500,000 00 ·

Surplus beyond capital .... • • • • . • . • .. •• • . . • .• •• •• • • . . . . .. . . •• •• .••• iill,8j8 52

Aggregate of all liabilities. including stock and net ~urplus ....••. $1, 780,490 35

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $980,663 OG

Received for interest and dividends from all sources.................. 67,919 2;;

Aggregate amount of income received in cash •....•.•••• , ••••••• $ 1 ,048,582 31

9

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90 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. . Cash dividends actually paid ...................................... .

Paid for commissions or brokerage .......•.•...•......••...•.••...•.

Salaries and other charges of officers, clerks and employees .••.••••..•• Paid State, national and local taxes ••...••••...•.•••••••••..•••.••.•

All other expenditures, viz: general expenses .•...•••••••••••••...•••

$579,436 21 70,007 00

166,155 10 73,323 67 23,955 99 98,644 35

Aggregate amount of expenditures in cash ....................... $1,0ll,522 32 -----

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881 ........................... $105,733,885 $898,576 84

Written during the year.............................. 139,754,196 1,225,171 56

Total .. . .. . . • . . . . . . .. . • . • .. . • . • . . • • .. • . .. • . . . . . • • • • $245,488,080 $2, 123, 748 40

Deduct those expired and terminated.................. 104,043,022 877,275 01

In force at end of the year ••...••••••.•••.•••.••.•••• $141,445,058 $1,246,473 39 Deduct amount reinsured..... •• •• •• .• • . • • • . • • • • . • . • • • 10,644,792 122,977 91

Net amount in force ............................. $130,800,266 $1,123,495 48

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ..•••.••.•.•••••....••••••••••.••••.••••..•.•..• l'remiums received .•••••••.•••••..••.•.••.•••••••••••.•••.••••.•.. Losses paid on risks taken ....••...••••••••••••••••••••••..••••••••

Losses incurred in Maine •..••.••••••..••••••••....••••••••..•....• Amount of taxes paid to the State of Maine on premiums •••••.....•••

$813,083 00 9,338 03 5,602 08

4,623 44 74 72

=====

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INSURANCE COMPANIES OF OTHER STATES. 91

. WRTHWESTERN NATIONAL INSURANCE COMPANY.

MIL"\'YAUKEE, WIS.

INCORPORATED IN 1869. COMMENCED BUSINESS IN 1869.

ALEX AN DER MITCHELL, President. JOHN P. McGREGOR, Secretary.

Capital paid up in cash, $600,000.

I. AS~ETS.

Loans on bond and mortgage, (first liens) ......................... .

Stocks and bonds owned by the company, market value ............... .

Cash in the company's principal office and in bank .........•• , •....••

Interest due and accrued ..•.••..•...••.•.•......•••.••...••.....••

Premiums in due course of collection ..••. , ••.•.••.•••• , •••••••.•••••

Other assets ........•....•...........•.•.......•.•.... , .••..•..•••

$141,000 00

659,248 00

291, 784 38 ·

2, 78] 86

28,072 98.

4,424 63.

Aggregate of all the admitted assets of the company at their actual

value ...................................................... $1,127,311 85.

IL LIABILITIES.

Losses adjusted and unpaid .••...•.....................

Losses unadjusted, including all reported and supposed

losses ....•...•.•.•....... · ·. · · · · · • · · · · · · · · · • · · · · · • Losses resisted, including interest, costs and expenses ...•

$9,233 35

28,458 00 1,800 00

Net amount of unpaid losses and claims...... .. .. .. .. .. .. . .. . .. . • .. .. $39,491 35 Amount required to safely reinsure all outstanding risks . • • • • • . . . . • • • • 235, 134 10 ,

All other demands against the company, viz: commissions, etc......... 1,051 85

Total amount of liabilities, except capital stock and net surplus....... $275,677 30. Capital actually paid up in cash.... .. .. .. .. .. .. . .. • .. • • .. .. . .. . . . .. 600,000 00,

Surplus beyond capital ............... ,........................ .. • • 251,634 55

Aggregate of all liabilities, including stock and net surplus •.....• $1,127,311 85

III. INCOME DURING THE YEAR.

Fire, Inland.

Net cash received for premiums........... $351,694 91 $41,926 56

Received for interest and dividends from all sources ...•• , •••••••••.•••

------

$393,621 4 7 -48, 286 77 ·

Aggregate amount of income received in cash.... • • • • . • . • • • • . • • • $441,908 24..

Page 134: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

92 STOCK FIRE, FIRE-MARINE AND MARlNE

IV. EXPENDITURES DURING THE YEAR.

Fire. Inland.

:Net amount paid for losses ....•....•.•.•..• $154,238 07 $23,591 83

Cash dividends actually paid . . • .•••••..•.••••....•..•..••......•••

Paid for commissions or brokerage ....................•........•....

Salaries and other charges of officers, clerks and employees .......•..•.

Paid State, national and local taxes ............................... ..

All other expenditures, viz: general expenses ....•......•..•...•••..•

$177,829 90

60,000 00

60,230 14 36,828 86

9,883 17

:n,282 78

Aggregate amount of expenditures in cash . . • . . • • • . • . • • • . • • • . . • • $382,054 85

V. MISCELLANEOUS.

RISKS AND PREmu.us.

Fire risks.

In force December 31, 1881 .... $:-W, 182,~21

Written during the year ....... 37,362,091 -----

Total ....................... $67,545,012

Deduct those expired and

terminated................. 31,624,460

Premiums.

$3.J3,384 54 3R9,665 94

----$743,050 48

310,089 51

Inland risks. Premiums.

$78,000 $1,000 00

7,796, 779 62,032 21 ---- -- --$7,874,779 $63,032 21

7, 799, 779 62,032 21

In force at end of the year .... $35,92G,552 $!32,960 97 $75,000 $1,000 00

Deduct amount reinsured..... 108,320 1,308 86

Net amount in force ...... $35,812,232 $4:31,6,52 11 $75,000 $1,000 00 -------

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) • • • • • . • • • . . . . • • . • • . • • . . . • . • • . • • • • • • • • • • • • • • • • • . • $72,000 00

Premiums received............................ .. .. .. .. .. .. .. .. .. .. 670 87

Amount of taxes paid to the State of Maine on premiums.............. 13 41

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INSURANCE COMPANIES OF OTHER STATES. 93

ORIENT INSURANCE CO"l\'IPANY.

HARTFORD, CONN.

INCORPORATED IN 1867. COMMENCED BUSINESS IN 1872.

SELDEN C. PRESTON, President. GEORGE W. LESTER, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered .•...••.••.•••••.•• Loans on bond and mortgage, (first liens) .......................... . Stocks and bonds owned by the company, market value ....... , .••..•• Loans secured by collaterals ..••....•..•.............•...•••.•••...•

Cash in the company's principal office and in bank .......••.••......•• Interest duo and accrued ..................•......••...•.....••...•. Premiums in due course of collection .............................. ..

Aggregate of all the admitted assets of the company at their actual

$29,494 69 222,870 70 896,039 00

109,270 00

80,465 15

15,123 92

42,140 72

value ....................................................... $1,395,404 18

II. LIABILITIES.

Lo1ses unadjusted, including all reported and supposed losses.............................................. $21,255 36

Losses resisted, including interest, costs and expenses.... 2, 115 40

Net amount of unpaid losses and claims............................. $23,370 76

Amount required to safely reinsure all outstanding risks...... . . . • . • • • 251,8:16 69

Total amount of liabilities, except capital stock and net surplus........ $275,227 45 Capital actually paid up in cash............ . • . • .. • • .. • • • • . • . • • • • • • • 1,000,000 00 Surplus beyond capital •• • • • • • . . • • • . • .. •• . • • • . • ••• • . • .. •• • • .. • • .. • • 120,176 73

Aggregate of all liabilities, including stock and net surplus ...•.•. $1,395,404 18

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)............................... $402,661 86

Received for interest and dividends from all sources.................. 68,776 67

Aggregate amount of income received in cash.... • • • • • • • • • • • • • • • • $4 71,438 53

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94 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ....••••.••••••••••••••.••••••••••• Cash dividends actually paid •..••••..•••••••••••••••...••.••••••••• Paid for commissions or brokerage .....•...•.••••••••..•••••••.••••• Salaries and other charges of officers, clerks and employees ........... . Paid State, national and local taxes ................................ . All other expenditures, viz: general expenses .•..•••.••••••••.•••••..

$287,306 77 80,000 00 65,829 51 26, 220 73 10,171 81 33,704 76

Aggregate amount of expenditures in cash . . . . • • • . • • ... . .. • • .. . • $503,233 58

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

In force December 31, 1881. ......................... . $34,927,616 $413,821 15 Written during the year .••••••••..••.•.•....•••••••• 38,575,646 466,969 71

------ ·----Total ..•••••••••..•...•••..••••.•.•.••••••• · ••••••.. $73,503,262 $880,790 86 Deduct those expired and terminated ..••••••.••••••••• 33,621,048 389,596 73

-----· ------In force at end of the year ........................... . $39,882, 214 $491,194 13 Deduct amount reinsured •.••••••••••.••••.•••••••••• 581,816 9,339 88

------ ----Net amount in force .•••••••••••••••••.•••••••••• $39,300,398 $481,584 25

---~

BUSINESS IN THE STATE OF MAINE DURING THE YE.A.R.

Risks taken, (fire) . • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • . . . . • • • $642,340 00 Premiums received... •. •. .. .• .. .. •• • • ... • ........ •. • . .• • • •• .. .•• • 6,621 88 Losses paid on risks taken . • • • • • • • • . . • . . • • • . . • • . . . . • • • . • • . • . • • . . • • • 6,888 18 Losses incurred in Maine.,..................................... . • .. 7,888 18

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I~SURANCE COMPANIES OF OTHER STATES.

PACIFIC FIRE INSURANCE COMPANY.

NEW YORK CI'rY.

INCORPORATED IN 1851. COMMENCED BUSINESS IN 1851.

THOMAS F. JEREMIAH, President. FRANK T. STINSON, Secretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered •...••••..••••..••.•

Loans on bond and mortgage, (first liens) ........................... .

Stocks and bonds owned by the company, market value •...••..•...•.•

Loans secured by collaterals .••.•....•.•••..•••••••.••••..•.•..•••••

Cash in the company's principal office and in bank ......••.......•.•••

Interest and rents due and accrued ............................... ..

Premiums in due course of collection ............................... .

Aggregate of all the admitted assets of the company at their actual

$70,000 00

69,300 00

521,666 25

8,700 00 33,989 91

l,686 59

15,555 72

value . . . . . • . . • • . • • • . . . . . . • • . . • • . . . . . . • • . . • • • . • • . . • • • • • • . • • • $720,898 4 7

II. LIABILITIES.

Losses adjusted and unpaid ........................... . Losses unadjusted, including all reported and supposed

losses ..•••.•...•••••..••..•.•••...•.............••• Losses resisted, including int,erest, costs and expenses ••••

$6,220 00

19,910 00 500 00

Net amount of unpaid losses and claims............................. $26,630 00 Amount required to safely reinsure all outstanding risks.. • . . • . . • . . • • • 118,873 93 All other demands against the company, viz: commissions, etc .• .. . . .. 4-,4-91 19

Total amount of liabilities, except capital stock and net surplus... .. • • $149,995 l'2 Capital actually paid up in cash.... . .. • .. . • . . .. .. . . • . . . . .. . . . .. . . .. 200,000 00 Surplus beyond capital .. . • . .. • . .. • .. . . . • .. .. .. . . .. • . . • . . .. . .. . • . . • 370,903 35

Aggregate of all liabilities, including st.ock and net surplus... • • . . $720,898 4 7 -------~~------

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $206,966 20

Received for interest !Ind dividends from all sources . • • . • • . • • • • • • • . • • • 26,003 33

Income from rents..... . • . • . . • • • • • • • • • • . . • • . • • • . . . • • • • • • • • • . . • • • • . • 2,989 59

Aggregate amount of income received in cash.................... $235,959 12

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D6 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount pnid for losses, (fire) .................................. .

Cash dividends actually paid ....•.......•••...•.•..••.•..........••

Paid for commi~sions or brokernge ................................. .

Salaries and other charges of officers, clerks and employees •..••.••••••

Paid Stnte, national and local taxes ............................... ..

.A 11 other expenditures, viz: general expenses •..••••••••••••..•..•.•

$116,312 97

32,000 00

40, 280 20

22,731 33

6,596 21

17,529 10

Aggregate amount of expenditures in cash • . • • . . . • • • . . . . • • . • . . • • $235,449 81 -------

V. MISCELLANEOUS.

RISKS AND PREMIUMS, Fire risb, Premiums.

In force December 31, 1881 ............................ $32,3~5,062 $216,324 86

Written during the year................ . .. . .. • . . . . . . . •. 34,085,405 224,9!8 21

Total......... • . • • • • .. . .. . • .. • • .. • .. • • • • .. • • . . • .. • .. .. $66,440,467 $441,243 07

Deduct those expired and terminated.................... 32,930,881 204,216 12

In force at end of the year......... . . . . • . . . • • .. • • .. • .. • $33,509,586 $237,026 95

Deduct amount reinsured... .. • • . .. • . ... .. • • .. .. ... • .• .. 651,806 5,243 96

Net amount in force ................................ $32,857,780 $231,782 99 ----- ---~----

BUSINESS IN THE STATE OF .MAINE DURING THE YEAR.

ltisks taken, (fire) ............................................... .. Premiums received .•....••.••••.•......••.•.••••••••••..•.••••.••• Amount of taxes paid to the State of .Maine on premiums ............ ..

$83,215 00 688 04

13 76 -----~----------

Page 139: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMPANIES OF OTHER STATES. 97

PENNSYLVANIA FIRE INSURANCE COMPANY.

PHILADELPHIA, PA.

I INCORPORATED IN 1825. ComIENCED BUSINESS IN 1825.

JOHN DEVEREUX, President. JOHN L. THOMSON, Secretary.

Capital paid up in cash, $400,000.

I. ASSETS.

Real estate owned by the company, unincumbered •........... , •..•••

Loans on bond and mortgage, (first liens) .......................... .

Stocks and bonds owned by the company, market value .............••

Loans secured by collaterals ...•.......•........•.....•......•......

Cash in the company's principal office and in bank •..... , ........... .

Interest due and accrued ...•.••...•.••••....•••..•...•...•..••••••.

Premiums in due course of collection .............................. .

Aggregate of all tho admitted assets of the company at their actual

$115,000 00

202,570 00

1, 744,871 58

161,300 00

18,489 37

4,444 64

55,269 99

value .....•.••••••••.••••.•.........•.•...•......•.••....••. $2,301,945 58

II. LIABILITIES.

Net amount of unpaid losses and claims............................. $68,i09 78 Amount required to safely reinsure all outstanding risks. . .. .. .. . • .. .. 430, 115 87

All other demands against the company, viz: perpetual policies, etc.... H0,493 74

Total amount of liabilities, except capital stock and net surplus....... $939,319 39

Capital actually paid up in cash.... .. .. . .. . .. .. .. .. .. .. .. . . • • .. .. . • 400,000 00

Surplus beyond capital... • .. .. .. • • • . • . .. . • .. .. .. .. .. .. .. . • .. .. .. .. 962,626 19

Aggregate of all liabilities, including stock and net surplus ...... $2,301,945 58 -----

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)............................... $721,810 72

Received for interest and dividends from all sources................... 103,219 07

Income from all other sources . . • . • . • • . • • • • • • • • • . . . . • . . . • . • . • • • • • • • . 900 26

Aggregate amount of income received in cash.... . . • • • • • • • • • . • • • • $825,930 05

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98 STOCK FIRE, FIRE-MARINE AND MARINE.

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................. .. Cash dividends actually paid .......••.....•••••.•...••........•....

Paid for commissions or brokerage .......•.......•.....••..•.•....•.

Salaries and other charges of officers, clerks and employees ....•.•...••

Paid State, national and local taxe.i ............................... ..

All other expenditures, viz: genera.I expenses .......•...•...••..•••••

$448, 113 02

40,000 00

116, 711 78

115, 707 28

18,836 33

828 83

• -\ggregate amount of expenditures in cash....................... $740,197 24 :::

V. MISCELLANEOUS.

RISKS .A.ND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881............... ... . .... .. .. $64,683,973 $747,313 81

Written during the year.............................. 70,122,743 804,909 59

Total ............................................... $134,806,716 $1,552,223 40

Deduct those expired and terminated .....••....• , • • • • • 63,848,052 701,321 46

In force at end of the year....................... . . .. $70,958,664 $851,901 94 Deduct amount reinsured...................... •. . .. . 2,108,894 25,087 3:l

Net amount in force......... .. .. . .. • .. • • .. • • •• .. $68,849, 770 $826,814 62

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ................................................ $1,581,602 00 · Premiums received ............................. , .. .. .. . .. • . . .. .. .. 23,330 67 Losses paid on risks taken., . . • • • . . • • • . • . . . . . • • • • . • • . . • • . • . • . . • . . . . . 19,406 89 Losses incurred in Maine... . . • • . . • . . . . . . . . . . • • • . . • . . . • . . . . • • • • . . . • • 18,889 77 Amount of taxes paid to the State of Maino on premiums,.... . • . . . . . . 699 92

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INSURANCE COMPANIES OF OTHER STATES. 99

PHENIX INSURANCE COMPANY.

BROOKLYN, N. Y.

INCORPORATED IN 1853. COMMENCED BUSINESS IN 1853.

STEPHEN CROWELL, President. PHILANDER SHAW, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered • . . • • • • • • • • . • • • • • • • $384, 750 00

Loans on bond and mortgage, (first liens) . . . . • . • . . • • • • • • • • • • • . . • • . . • 298,000 00

Stocks and bonds owned by the company, market value........... • . • • 1,636,089 50

Loans secured by collaterals.... . . . • . . . . . .. . . . . • • .. • . . . • . • . • . . • . . . . . 303,830 00

Cash in the company's principal office and in bank........ . • • • • . • . . • • • 256,624 24

Interest due and accrued....... . . • . . • . • . • • • • • • • . . • • . • . . . . • . • • • • • . • • 9,454 53

Premiums in due course of collection.... . . . • . . .. • • .. . • .. • • . • . • • • • • • 396,662 06

Bills receivable, not matured, taken for risks ...•.....•••.•••••••.•.• Rents and other assets ....•....••........••...•.•..•..•.•..•.•..•••

Aggregate of all the admitted assets of the company at their actual

4,815 06

5,101 21

value ....................................................... $3,295,326 60

II. LIABILITIES.

Lo8ses adjusted and unpaid............................ $18,117 90 Losses unadjusted, including all reported and supposed

losses.............................................. 158,179 69 Losses resisted, including interest, costs and expenses.... 15,393 45

Net amount of unpaid losses and claims............. .. .. .. . • .. .. .. .. $ 191,691 04 Amount required to safely reinsure all outstanding risks,. • • • • . • • • . • • • 1,448,815 89

All other demands against the company, viz: commissions, etc ....... . 10,345 07

Total amount of liabilities, except capital stock and net surplus ....... $1,650,8,52 00 Capital actually paid up in cash.... .. • • .. . • • • • • .. . . .. .. .. • • .. . • • • .. 1,000,000 00 Surplus beyond capital.... . .. • . . .. .. • • .. • • .. .. .. .. .. .. .. • • . . .. .. • • 644,4 74 60

Aggregate of all liabilities, including stock and net surphis ...•••• $3,295,326 60 ------

III. INCOME·DURING THE YEAR.

Fire. Marine.

Net cash received for premiums ........... $2,136,185 70 $360,424 90 ----- ----$2,496,610 60

Received for interest and dividends from all sources ............. :. .. •• 100,631 28

Income from rents •...•••.•..•••..•..•... , ...••.•••..••••.••••••••• 9,897 34

Aggregate amount of income received in cash .................... $2,607,139 22 ----~----~

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100 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Jl-larine.

Net amount paid for losses................ $937,362 43 $282,237 05 ----- ------$1,219,599 4-8

Cash dividends actually paid... . • • • .. . . . . . . . . . . . . . . . . . • . . . . . . . • . . . . 100,000 00 Paid for commissions or brokerage.. . . . . . . . . • • . . . . . . . . • • • . .. . .. . . . . • 436, 177 3 2

Salaries and other charges of officers, clerks and employoes • . . . • . • . . • . 187,676 70

Paid State, national and local taxes..... . . . . . . . . . . . • . • • • .. . . .. • . . . . • 40,003 15

All other expenditures, viz: general expenses........ •• . . .. • • . . . . . . . . 203,246 94

Aggregate amount of expenditures in cash ....................... $2, 188,703 59

V. MISCELLANEOUS.

RISKS AND PREMIUJIIS.

Pire ri~ks. Premiums.

In force December 31, 1881. $205, 15 I, 151 $2,06,j,525 49

Written during the year ... 259,4-86,075 2,4 78,059 51 ----- ------

Total. ...•........•..•..... $464,63 7, 226 $4,543,585 00

Deduct those expired and

terminated .............. 208,155,993 1,898,751 30

In force at end of the yee.r .. $256,481,233 $2,644,833 70

Deduct amount reinsured... 7,123,576 72,935 67

Net amount in force .••. $249,357 ,657 $2,571,898 03

~Marine risks.

$8,603, 255 91,828,421

·-----$100,433,676

90,664,465 _____ ,,, $9,769,211

------$9,769,211 -----

J3USINESS IN THE STATE OF MAINE DURING THE YEAR,

Premium:,.

$36,748 37 464,317 98

------$501,066 3::i

452,110 3fi ------

$48,956 00

-------$48,9:)6 00

------

Risks taken, (fire) .•.•.....•..•.•....•..........••...•.•••..•..... $1,056, 783 00 Premiums received.................... .. • • . . . . . . . . . . . . . • . . . . • . . . .. 11,173 69 Losses paid on risks taken...... . . . . . . . • . . • . . . . . . • . . . • • . • . . . . . . . . . . • 5,484 29 Losses incurred in Maine... . . . . • . • • . . . . . . . . . . . . . . . . . . . . • . . . . . . . . . . . 8,077 70

Amount of taxes paid to tho State of Maine on premiums...... • • • . • . . . 113 79

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INSURANCE COMPANIES OF OTHER STATES. 101

PHCENIX INSURANCE COMPANY.

HARTFORD, CONN.

INCORPORATED IN 1854. COMMENCED BusINKSS IN 1854.

H. KELLOGG, President. D. W. C. SKILTON, Secretary.

Capital paid up in cash, $2,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered.... .... .... ... . .. • • $178,255 31

Loans on bond and mortga.ge, (first liens) . . . . . . . . . • . • . • . • • . . . . . . • • • 161,380 00

Stocks and bonds owned by the compa~y, market value . . . . . . . . . • • . . . • 3,025, 139 93 Loans secured by collaterals .................... , • • .. .. • .. • . . • . .. • • 422,672 28

Cash in the company's principal office and in bank •...•.........••....

Interest and rents due and accrued .••.•.••••.•••.•.•••••••••.•.•...•

Premiums in due course of collection .............................. ..

Aggregate of all the admitted assets of the company at their actual

435,051 47

12,404 21

211,305 11

value ..•.•...•.•••..•...••.....•.....••...••••.•.•..•.•.•.• $4,446,208 31

II. LIABILITIES.

Losses unadjusted, including all reported and supposed losses.............................. .. .. .. .. .. .. .. . . $183,439 48

Losses resisted, including interest, costs and expenses.... 5,550 00

Net amount of unpaid losses and claims...... • . . . . . . . . . . • . • • • . . . . . . . . $188,989 4.8

Amount required to safely reinsure all outstanding risks...... . . . . . . . . 1, 130,075 39

Total amount cf liabilities, except capital stock and net surplus, .. , , . $1,3 l9,064 87

Capital actually paid up in cash.... . .. . .. . . . .. . . .. . . . .. • .. • .. .. .. .. 2,000,000 00 Surplus beyond capital ............................................ 1,127,143 44

Aggregate of all liabilities, including stock and net surplus ..••... $4,446,208 31 ---~--

III. INCOME DURING THE YEAR.

Net cash received fo:r premiums, (fire) ............................... $1,824,849 89

Received for interest and dividends from all sources...... . . . • . . . • . . • • 203,028 60

Income from rents ..•..••••.......•..••..••••••.•.•..••.•.•..•• , ••• 3,225 17

Aggregate amount of income received in cash .••••.••••••••..•... $2,031, 103 66

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102 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................... $l,ll3,390 47

Cash dividends actually paid . . . . . . . . • • . . . • • . • • . . • . • . . . • . . . . • • . . . . . . 280,000 00

Paid for commissions or brokerage.................................. 291,231 80

Salaries and other charges of officers, clerks and employees.... . . . • . • . • 85,658 25

Paid State, national and local taxes . . . . . • . . . . .. .. • . • • • . .. . . • • .. . • .. 53,288 18

All other expenditures, viz: general expenses........................ 142,913 37

Aggregate amount of expenditures in cash .............••.•...... $1,966,482 07 ~-------

V, MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risl,s, Premiums. In force December 31, 1881........................... $172,646,874 $1,972,060 66

Written during the year............................. 171,042, 778 1,941,944 51

Total .. .. . . .. .. . .. . . • . . • . . . . . . . . . • . • .. . . . • . .. .. .. . . $343,689,652 $3,914,005 17

Deduct those expired and terminated.. . • . • . • • • • . • . • . . . 154,840,623 1, 794,948 37

Net amount in force .............................. $188,849,029 $2, ll9,056 80

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ................................................. $3, 782,170 00 Premiums received •.......••..•....•...•....•.••.......•.• , . • • . . . 43,497 10 Losses paid on risks taken...... . .. . . . . • .. .. . .. . • . . . . .. . . ... • . . . .. .. 31,038 78

Losses incurred in Maine ... ,....................................... 31,856 20

Amount of taxes paid to the State of Maine on premiums •• ,........... 249 16

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INSURANCE COMPANIES OF OTHER STATES. 103

PRESCOTT INSURANCE COMPANY.

BOSTON, MASS.

INCORPORATED IN 1872. COMMENCED BUSINESS IN 1873.

FRANKLIN GREENE, President. FRANCIS H. STEVENS, Secretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered ..••.••••••. , •• , •••. Stocks and bonds owned by tho company, market value •..•••..•.••••• Cash in company's principal office and in bank .......•••.•.••••••• , • , Interest due and accrued .......................................... .

Premiums in due course of collection ............................... .

Aggregate of all the admitted assets of the company at their actual

·$18,000 00 337,575 50

7,347 71

2,070 83 17,035 37

value... • . . . • • • • . . . . . . . . . • . . . . . . . . . . • . . . . . . .. . . . • . . • • . . . . . . . • $382,029 41

II. LIABILITIES.

Losses adjusted and unpaid............................ $14,902 19 Losses unadjusted, including all reported and supposed

losses. . . • • . . • . . • • • • • . • . . • • . . . • • . . . . . • • • • . • • . . • • . • • • 6, 600 00 Losses resisted, including interest, costs and expenses.... 2,500 00

Net amount of unpaid losses and claims ...•••.••.. " . • . . .. . • .. . • • . . • $24,002 19 Amount required to safely reinsure all outstanding risks.............. 107,292 09 All other demands against the company, viz: commissions, etc......... 20,414 21

Total amount of liabilities, except capital stock and net surplus ....... . Capital actually paid up in cash ................................... . Surplus beyond capital ••..••••••••••••••••••••••••.••••••••..•••••

$151, 708 49 200,000 00 30,320 92

Aggregate of all liabilities, including stock and net surplus....... $382,029 41 ------------

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $155,896 33 Received for interest and dividends from all sources .. , . • • • • • • • . • • . • . • 16,950 02

Aggregate amount of income received in cash.... . • • • • • • • • • • • • • • • $172,846 35

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104 STOCK FIRE, FIRE-MARINE AND MAIRNE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ...••.•..•..........••.............

Cash dividends actually paid •....••..•..........••..•...•.•.......•

Paid for commissions or brokerage ....•...........•.................

Salaries and other charges of officers, clerks and employees ...........• Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ..........•............•

$151,519 W

16,000 00

32,713 72

8,929 50 2,857 76

13,858 54

Aggregate amount of expenditures in cash....... . . . . .. . . .• . . . . • . $225,878 81

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

.Fire risl,s. Premiums •

In force December 3 I, 1881 .. . . . • • . .. • • . . .. .. . . . . . . . .. • $19,305,975 $226,908 73

Written during the year.............................. 16,619,217 182,916 77

Total........................................ • . . .. . $35,925,192 $409,825 50

DedtlCt those expired and terminated,.................. 16,994,986 193,110 65

In force at end of the year............................ $18,930,206 $216,714 85

Deduct amount reinsured ••••......•.••••...•......•.• 279,956 3,578 68

Net amount in force.............................. $18,650,250 $213,136 17

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ............................................... . Premiums received ......•..•••..••..••••.•....•••....•.•.........• Losses paid on risks taken ........................................ ..

Losses incurred in Maine ..•......•....•• , •....••••....••.•...•..•• Amount of taxes paid to the State of Maine on premiums., .........•••

------

$100,435 00 1,576 51

197 24

1,542 61 31 53

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IN::3URANCE COMPANIES OF OTHElt STATES.

PROVIDENCE WASHINGTON INSURANCE COMPANY.

PROVlDENCE, R. I.

INCORPORATED IN 1799, COMMENCED BUSINESS IN 1799.

J. H. DEWOLF, President. J. B. BRANCH, Secretary.

Capital paid np in cash, $400,000.

I. ASSETS.

Stocks and bonds owned by the company, market value ..•.•.....•....

Cash in the company's principal office and in bank • . ..••..••••......

Interest due and accrued ......................................... ..

Premiums in due course of collection .............................. ..

Bills receivable, not matured, taken for risks ..••..••.••••.•........•

Other assets ...••••....•••.••••.•.•.••...•.....•.•.•.•....•....•••.

Aggregate of ull the admitted assets of the company at their actual

$776, 135 00

41,780 21

2,149 17

73,414 9'l

112,778 99

1,105 92

value ....................................................... $1,007,364 21

II. LIABILITIES.

Losses adjusted and unpaid •.••......••.......•.•••....

Losses unadjusted, including all reported and supposed

$2,742 91

losses.............. .• •• .. .. .. .. . . .. .. .. .. .. .. . . .. • • 121,322 65 Losses resisted, including interest, costs and expenses.... 8,089 98

Gross amount of claims for losses ...•.••.• , ••...•..• Deduct reinsurauce and salvage ••........••.••• , .••

$132,155 54

25,731 18

Net amount of unpaid losses and c!aims.............................. $106,424 36 Amount required to safely reinsure all outstanding risks. • . . . . . . . . . . • 366,888 63

All other demands against the company, viz: commissions, etc • .. . •. • • 277 90

Total amount of liabilities, except capital stock and net surplus....... $473,590 89 Capital actually paid up in cash.... .. • . . .. . . .. • .. .. .. .. . .. . .. .. .. .. 400,000 00

Surplus beyond capital............................................ 133, 773 32

Aggregate of all liabilities, including stock and net surplus •...... $1,007 ,364 21

III. INCOME DURING THE YEAR.

Fire. Marine.

Net cash received for premiums ............ $387,628 44 $430,965 92 ----- -- - $818,594 36

Received for interest and dividends from all sources.. . .. • .. .. . .. . .. .. 48, 207 16

Aggregate amount of income received in cash.................... $866,801 52 ---~--.... -------

10

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106 STOCK FIRE, FIRE-MARISE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Jfarine.

Net amount paid for losses ................ $246,391 66 $3~5,308 70

Cash dividends actually paid ...................................... . Paid for commissions or brokerage ...•.•...•......••.....•.••.......

Salaries and other charges of officers, clerks and employees .....•....••

Paid State, national and local taxes ......•••..•..•••...•.•••.•.•..••

All other expenditures, viz: general expenses ...•....•.••.•.••••...••

$571,700 36

32,052 40 124,450 73

19,635 23

13,964 92

55,474 38

.Aggregate amount of expenditures in cash .....•••••.••••... , .•• , $817, 278 02

V. MISCELLANEOUS.

RISKS .AND PREMIUMS.

Fire risks, Premiums. Inland risks. Premiums.

In force December 31, 1881. $33,078,139 $352,103 16 $3,388,106 $114,631 21

Written during the year .... 56,837,387 470,538 13 62,863,915 630,632 90

Total............. . . . .. .. . $89,915,526 $822,641 29 $66,252,021 $745,264 11

Deduct those expired and

terminated .............. . 40,445,257

In force at end of the year.. $49,470,269

Deduct amount reinsured... 3,925, 175

333,851 99 60,832,671 591,125 01

$488,789 30

39,384 55 $5,419,350 $154,139 10

978,616 22,560 26

Net amount in force.... $4.5/145,094 $449,404 75 $4,440,734 $131,578 84

BUSINESS IN THE ST.ATE OF MAINE DURING THE YEAR •

.Fire. Marine. Aggregate,

Risks taken............................ $625,046 00 $791,130 00 $1,416,176 00 Premiums received .••.....••..•.........

Losses paid on risks taken •...••••••••.•.

7,885 34 10,166 41

9,086 17 985 04

Losses incurred in Maine ...••..•..•..•••••••••••...•••••••••...••••

.Amount of taxes _paid to the State of Maine on premiums.. • ......... ..

16,971 51 11,151 45

12,245 56 339 43

---------.

Page 149: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

INSURANCE COMPANIES OF OTHER STATES, 107

ROCHESTER GERMAN INSURANCE COMPANY.

ROCHESTER, N. Y.

INCORPORATED IN 1872. COMMENCED BUSINESS IN 1872.

FREDERICK COOK, President. HENRY NORDEN, :Secretary._

Capital paid up in cash, $200,000.

I. ASSETS.

Real estate owned by the company, unincumbered.. .. ..•. .••• ••.. •. •• $1,904 82·

Loans on bond and mortgage, (first liens).... . . • . . . . . . . • • . • • • . . . . . . • • 2.39,085 00,

Stocks and bonds owned by the company, market value, .. .. • • . . . • . • • • 143,806 25

Cash in the company's principal office and in bank........ .. • • . .. . • . .. 77,878 86.

Interest due and accrued... • • • • . . . . . • . . . . . . . . • • . • • • . • . • . . • • . . • . . . • . 6,549 15

Premiums in due course of collection.................... . . . • . . . • . . •• 35,287 46,

Aggre_gate of all the admitted assets of the company at their actl1.al value . . . . . • . . . • . . • . . . . . . . • . . . . . . . • • . . . . . . . . . . • . . • . • . . . • . . . . $504,511 54

II. LIABILITIES.

Losses adjusted and unpaid ........................... . $2,802 00 Losses unadjusted, including all reported and supposed

losses ...•........•........•......•...•....•.••...•• 17,564 00

Net amount of unpaid losses and claims, (adjusted)................... $20,366 00, Amount required to safely reinsure all outstanding risks.............. 157,778 64 All other demands against the company, viz: commissions, etc.... . . . . 2, 270 00 ,

Total amoupt of liabilities; except capital stock and net surplus.... . . . • $180,414 64 Capital actually paid up in cash. . . . . . .. . .. .. . • . • .. .. . . • . . . • . . .. . 200,000 00

Surplus beyond capital . • . • • . . • . . • . . . . . . . • • . . . • • . . • . • . • . • . . • . . • • . . . 124,096 90

Aggregate of all liabilities, including stock and net surplus . . . . . . . $504,511 54.

III. INCOME DURING THE YEAR.

Fire. Inland.

Net cash received for premiums............ $280,648 31 $939 88

Received for interest and dividends from all sources .•.••• , ..•.......••

$281,588 19

21,340 44

Aggregate amount of income received in cash ....... , .. • • .. .. . . • • $302,928 63

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108 STOCK FIRE, FlRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Inland.

Net amount paidforlosses ...•••••.••••.•• $184,142 24 $193 00 ---- ---- $184,335 24

Cash dividend!' actually paid .........•...•••...•....•.••••••.•.•....

Paid for commissions or brokerage ..•••..•.•.•••...•...•...•.•••....

Salaries and other charges of officers, clerks and employees ••••.•••.•.•

Paid State, national and local taxes •.......•.••••.•••••.••••.•••....

All other expenditures, viz: general expenses .•..•..••.••.•.....•.•••

16,000 00

56,317 07 12,,l61 45

10,040 60 16,662 17

Aggregate amount of expenditures in cash... . • • • . • • • . . . . . • . • . • . . $295,716 53

V. MISCELLANEOUS.

RISKS .A.ND PREMIUMS.

Fire ri.~ks. Premiums. Inland risks.

In fore{) December 31, 188il. $26,662,958 $276,3G6 74

Written during the year.... 33, 728,473 343,9\18 45

Total .• . • . . . . . • •• . . . • . . . . $60,391,4:H $u20,36[1 19

Deduct those expired and terminated .•.•..•••••••• 30,616,735 308,232 64

In force at end of the year. $29,774,696 $312,132 55

Deduct amount reinsured ... 563,367 7,290 09

Net amount in force... $29,211,329 $304,842 46

$103, 100 58,985

$162,085

$162,085

$162,085 ~~--·--- -----

BUSINESS Ill THE ST.A.TE OF MAINE DURING THE YE.AR.

Risks taken, (fire) •••••...•••.•••.•...•••.•••••••••••••••••••••••.

P.remiums received ...•••.•...•.•.•......••....•.•.••••••••.•.....• Losses paid on risks taken .•....••.•••.••••••••.•••••••••••••••••••• Losses incurred in Maine •..........•••.•.••.••.•••..•...•.........•

Premium.~.

$1,110 15 362 38

$1,472 53

$1,472 53

$1,472 53

$202,821 00

2,4 76 72 2,500 51 2,500 51

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INSURANCE COMPANIES OF OTHER STATES. lO~l

SECURITY INSURANCE COMPANY.

NEW HAVEN, CONN.

INCORPORATED IN 1841. COMMENCED BUSINESS IN 1841.

CHARLES PETERSON, President. H. MASON, Secretary.

Capital paid up in cash, $200,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) .......................... ..

Stocks and bonds owned by the company, market value ............... . Loans secured by collaterals .............................•.•........ Cash in the company's principal office and in bank .•.....•..••.•.•.•••

Interest due and accrued ........••...•••......•.•...•.••.••••••.•.•• Premiums in due course of collection ............................... .

Bills receivable, not matured, taken for risks .•••••••.•••••••.••••••.

Aggregate of all the admitted assets of the company at their actual

$52,900 00

202,192 00 22,000 00 49,936 94

299 46 20,697 47

3,169 94

value.,.................................................... $351,195 81

II. LIABILITIES.

Losses adjusted and unpaid ........................... . Losses unadjusted, including all reported and supposed

losses.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... . Losses resisted, including interest, costs and expenses ...•

$2,160 36

14,572 11 1,925 00

Gross amount of claims for losses.................. $18,657 47

Deduct reinsurance and salvage.... • . • . . . . . . . • . . . • • 1,000 00

Net amount of unpaid losses and claims.............................. $17,657 47

Amount required to safely reinsure all outstr.nding risks. • • • • . • • .. . • 90, 111 61 All other demands against the company, viz: commissions, etc..... . • • • 3,054 65

Total amount of liabilities, except capital stock and net surplus ...... .. Capital actually paid up in cash ................................... .

Surplus beyond capital .•.•••••••••....•••••••••....•••••••.•••••.•

$110,823 73 200,000 00

40,372 08

Aggregate of all liabilities, including stock and net surplus. • • • . • $351, 195 81

III. INCOME DURING THE YEAR,

Fire. Marine.

Net cash received for premiums. . • • • • •• • • $151,896 31 $104,938 62 ---- ---- $256,834 93

Received for interest anl dividends from all sources ..•••••••••••••••• 16,466 17

Aggregate amount of income received in cash........ • • • • • • • • .. • • $273,301 10

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110 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire, Marine.

Net amount paid for losses ...••• , • • • • • . • • . $98,580 30 $83, 125 24

Cash dividends actually paid.. . ••..•.•...•.•.•••• , •••••••••...• , .•

Paid for commissions or brokerage ................................. .

Salaries and other charges of officers, clerks and employees .••••••••.•.

Paid State, national and local taxes ............................... ..

All other expenditures, viz: general expenses .•••••••••••..• , ••••••••

$181,705 54

6,000 00

44,344 64

15,446 80

3,252 01

354 42

Aggregate amount of expenditures in cash............... • • • • • • • • . • • • $251,103 41

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks, Premiums. Marine risks. Premiums.

In force December 31, 1881... $12, 703,066 $133,500 31 $1, 169, 281 $28, 720 19

Written during the year •.••• 18.,305,607 159, 767 35 17,265,453 105,111 17

Tota?.......... • .. • . .. . .. .. $31,008,673 $293,267 66 $18,434,734 $133,831 36

Deduct those expired and terminated.. ...... •. .. •• 17,103,425 135,576 12 17,662,976 111,825 89

In force at end of the year.. $13,905,248 $157,691 54

Deduct amount reinsured..... 712,388 9,061 18

$771, 758 $22,00a 47

58,521 1,063 29

Net amount in force..... $13,192,860 $148,630 36 $713,237 $20,942 18 ~-~~--- ----- ----- ----

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) . • . ••.••.•.•••.•••••••••••••••••••.•.••.•..•.•. Premiums received ............................................... .

Losses paid on risks taken .••••••......•..••••••••.••...••.••.•..•.• Losses incurred in Maine ..••••.••.••••.•.••.•.••.•.......•••.•.•••

Amount of taxes paid to the State of Maine on premiums ............ ..

$312,201 00 3,898 36

3,079 21 3,544 55

16 3S ====

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INSURANCE COMPANIES OF OTHER STATES. 111

SHOE AND LEATHER INSURANCE COMPANY.

BOSTON, MASS.

INCORPORATED IN 1872. COMMENCED BUSINESS IY 1873.

JOHN C, ABBOTT, President. CHAS. A. FULLER, Secretary.

Capital paid up in cash, $600,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) .......... , •••• , .••.... , .. .

Stocks and.bonds owned by the company, market value ............... . Cash in company's principal office and in bank ..........•...... , ••..• Interest due and accrued. • •.••••.•.• , .•.•. , ..•.••..... , .• , , •. , • , ..

Premiums in due course of collection •••......• : .••. , •....•..•... , ..•

Bills receivable, not matured, taken for risks ..•..•.•..•..........•••

Aggregate of all the admitted assets of the company at their actual

$30,000 00

692,341 75 115,966 25

4,274 28

60,474 91

73,315 82

value ...•••...... ,..... . • •• . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . $976,373 01

II. LIABILITIES.

Net amount of unpaid losses and claims (unadjusted)................. $59,072 22

Amount required to safely reinsure all outstanding risks.............. 267,117 BG All other demands against the company, viz: commissions, etc . . • • .. . • 5,198 59

Total amount of liabilities, except capital stock and net surplus ...... .

Capital actually paid up in cash ................................... .

Surplus beyond capital .......•.. , .•....••...•...................•.

$331,388 67

600,000 00 44,984 34.

Aggregate of all liabilities, including stock and net surplus....... $976,373 01

III. INCOME DURING THE YEAR.

Fire.

Net cash received for premiums........ $263,145 63

Marine,

$326,254 88 ----- $589,400 51

Received for interest and dividends from all sources ...•••..........•• 35,852 63

Aggregate amount of income received in cash.................... $625,253

Page 154: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

112 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPEND ITU RES DURING THE YEAR.

Fire. N ct amount paid for losses.... . . . • . • • • $234,440 37

Marine. $250,00.'> 22 ----- $484-,445 59

Paid for commissions or brokerage .....•..•.•.••.•••••••••••••••••••

Salaries and other charges of officers, clerks and employees .•.•..•..••• P.,id ~tate, national and local taxes ........•.••..•.••••..•..•••.•••

All other expenditures, viz: general expenses .•••.••••.•...••.••..•••

77,316 48

22,005 65 14,029 29 45,316 65

Aggregate amount of expenditures in cash....................... $643,113 66

In force December 31, 1881. . lVritten during the year •.•••

Total ....••.•.•.•.••..•.•••

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

$28,518,808 $334,701 01 27,914,688 303,476 91

------ ------$56,493,496 $638,177 92

.Marine risks. Premiums.

$2,816,549 $109,771 87 2&,991,380 329,667 96

------ ------$32,807,929 $433,439 83

Deduct those expired and

terminated .....••..•••• 27,784,846 288,736 42 31,557,536 346,610 03

In force at end of the year... $28,708,650 $349,441 50 $1,250,393 $92,829 80

Deduct amount reinsured..... 238,965 2,44.6 76 70,638 1,206 00

Net amount in force ..... $28,469,685 $346,994 74 $1,179,755 $91,623 80

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ••••••••••••••••..•••••••••.••••••••.•••••.•••• Premiums received ..••.•••.•••.•••..•••••.•.••.••••.•••••••••••.•• Losses paid on risks taken .•••..••••.••.•.••••••.••••••••••••••••••• Losses incurred in .l\.faine •.•••••••••.•••..••..•.•••.•••.••••••••.•••

Amount of taxes paid to the State of Maine on premiums •••.••••••.•••

$577,912 00 7,372 99 3, 772 55 3, 772 55

147 46

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INSURANCE COMPANIES OF OTHER STATES. 113

SPRINGFIELD F. & M. INSURANCE COMPANY.

SPRINGFIELD, MASS.

INCORPORATED IN 1849. ComlENCED BUSINESS IN 1851.

J. N. DUNHAM, President. S J. HALL, Secretary.

Capital paid up in cash, $1,000,000.

I. ASSETS.

Real estate owned by the company, unincumbered............ .• . • .. • • $ll0,275 00

Loans on bond and mortgage, (first liens) . . . . . . . . . . • .• • • .. . • . . . . . .• • 336,216 67

Stocks and bonds owned by the company, market value ....••• , .••.•. , 1,534,020 00

Loans secured by collaterals.... .. . • .. . • . . .. .. .. .. . • .. • . • . .. .. . . .. • • 67 ,575 00

Cash in the company's principal office and in bank........ • . • • • . . • . . • • 14e,089 46 lnterest and rents due and accrued . .. .. .. .. .. .. .. .. .. • • .. . . .. . . .. • • 31,910 04

.Premiums in due course of collection • . . .. . . .. . • • • • • .. .. .. .. .. • • .. . • 175,202 10

Aggregate of all the admitted assets of tho company at their actual

value ...•••..•...••........••••.•••...••....•••.....•...•.. $2,395,288 27

II. LIABILITIES. Losses adjusted and unpaid........ .. .. .. . . .. .. . • • • .. • • $32,572 71

Losses unadjusted, including all reported and supposed losses.............................................. 116,953 00

Losses resisted, including interest, costs and expenses.... 14,899 68

Gross amount of claims for losses ..........•.••....

Deduct reinsurance and salvage .•..•......•.....•.• $164,425 39

\ 3,492 93

Net amount of unpaid losses and claims............................. $160,932 46

Amount required to safely re insure all outstanding risks.. .. . • . • . • •• .. 833, 14 7 25 All other demands against the company, viz: commissions, etc......... 22,342 81

Total amount of liabilities, except capital stock and net surplus ...•.•. $1,016,422 52

Capital actually paid up in cash.... . . • • . • • • . . . • . • • . . .. • • .. . • • • • .. .. 1,000,000 00 Surplus beyond capital............ .. • • . . • • . . • • . . . . • . .. • • . . .. • . • • • . 378,865 75

.Aggregate of all liabilities, including stock and net surplus •...••• $2,395,288 27

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................. $1,222,688 79

Received for interest and dividends from all sources.................. 97,857 61

Income from rents......... • • • • . • • . .. • . .. • • • • • • • • • • • • • • • . • • . • • • • • • • 3,678 87

Aggregate amount of income received in cash .................... $1,324,225 27

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114 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •..••••..•..•••.•.•..•..•••.•• , ••••

Cash dividends actually paid •......••..•.••....••..•.••.•••.....••.

Paid for commissions or brokerage ...••...•.......•...••••..••••.•••

Salaries and other charges of officers, clerks and emplo,Yees .•...•••.... Paid State, national and local taxes ...•.......•...•.........•••....•

All other expenditures, viz: general expenses ....•.•...•..•........•

$716,865 75 100,000 00

199,887 2ll

46,054 49 39,132 23,

115,189 19

Aggregate amount of expenditures in cash ...••...•...••.•...... $1,217,128 8'i'

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

In force December 31, 1881. ..•••••.••••••.••..•.••••• $116,351,507 $1,407,260 88 Written during the year ...•.•.•.•.....••••••.• ,...... 112,427,458 1,419,182 92

Total . . . . • . . . . . • . . . . . • . . . . . . . . . • • . • . . . . . • . . . . . . . . . . $228, 778,965 $2,826,443 80 Deduct those expired and terminated.................. 102,738,}44 1,223,955 91

Net amount in force ...•.••.•.•..•.•..•..•••••••. $126,040,821 $1,602,487 89

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) . . . . . .........•.......•......••...........•.... $2,095, 7 46 00 Premiums received .............•.........•..•......•••.....•••.... Losses paid on risks taken .•.......•......... , ••.•••.....•.•••...... Losses incurred in Maine., ..•..•••.•.•.........••....•..••........

Amount of taxes paid to the State of Maine on premiums ...••...••....

27,356 24 ?4,443 13 25,249 75

547 12 ·--------~,

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INSURANCE COMPANIES OF OTHER STATES. 115

STAR FIRE INSURANCE COMPANY.

NEW YORK CITY.

INCORPORATED IN 1864. COMMENCED BUSINESS IN 1864.

NICHOLAS C. MILLER, President. JAMES M. HODGES, Secretary.

Capital paid up in cash, $500,000.

I. ASSETS. Real estate owned by the company, unincumbered .................. .

Loans on bond and mortgage, (first liens) ........................... .

Stocks and bonds owned by the company, market value ............... .

Loans secured by collaterals .............•.............•............

Cash in company's principal office and in bank •....••. , .••• , •.•••...•

Interest due and accrued .....•.....•••.......•.•.••.....•.•••...•• Premiums in due course of collection.... • • • . . • • . .. . • . . . • .......... .

A 11 other assets .........•.......••••.•.•.•.•••.......••...•.•.....

Aggregate of all the admitted assets of the company at their actual

$20,000 00 123,275 00

430,206 25

'l,500 00

31,964 51

3,120 89 83,407 07

59,667 01

value....................................................... $759,140 73

II. LIABILITIES.

Losses adjusted and unpaid ....••....•.•...•..•..•••••. Losses unadjusted, including all reported and supposed

losses. . .................••.....••...............•. Losses resisted, including interest, costs and expenses ...•

$55,936 59

12,005 00 1,800 00

Net amount of unpaid losses and claims.............................. $69,741 59

Amount required to safely reinsure all outstanding risks. . • . . . . • . • • • • • 153, 725 78 All other demands against the company, viz: commissions etc......... 23,174 65

Total amou!lt of liabilities, except capital stock and net surplus....... $246,642 02 Capital actually paid up in cash........ .. .. . • • • . .. . . .. . .. • • • • • • . • • • 500,000 00

Surplus beyond capital ............. : ............................. . 12,498 71

Aggregate of all liabilities, including stock and net surplus........ $759,140 73

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $359,210 55

Received for interest and dividends from all sources.................. 32, 188 86

Income from rents ....• _ •.•..••.•••....•..•.•••..•.••••.•• , . . . . • . • • 1,014 75

Aggregate amount of income received in cash........ . • • . • • • • . • • • $392,414 16

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116 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •...........•........••.........•.. Paid tor commissions or brokerage .....•.•.•.........•.•.•...••..•.. Salaries and r;>ther charges of officers, clerks and employees .•••.....••• Paid State, national and local taxes •......•••.••.•••••••.•••.•••..•• All other expenditures, viz: general expenses ....................... .

$326,ii39 lG

73.902 09

2!:J,352 16

13, 215 38

54,:-170 48

Aggregate amount of expenditures in cash........... . • • • . • • • . • . • $497,379 27

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire ri.~ks. Prem1un,s.

In force December 31, 1881... •••. ••.• •••• ..•• •••• •••• $33,451,517 $352,171 13

Written during the year.............................. 53,262,515 500,664 74

Total .........•..... ·.•...•.•.....•..•••.......•...• $86,714,032 $852,835 87

Deduct those expired and terminated.................. 44,411,438 427,486 04

In force at end of the year........................... $42,302,594

Deduct amount reinsured..................... .• . • • . • • 12,947,608

$4 2i>,349 s:1

121,796 87

Net amount in force............................. $29,354,986 $303,552 91i

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) .•.....•.......•••••••••....•...••..••••.•••.••• Premiums received .•..•••...•............•.•...••.......•.•• , •.... Losses paid on risks taken ...•••...............•................•••. Losses incurred in Maine ........•...•.........•••.........•..•.•.••

$257,665 00 2,996 26

3,744 43 3,483 43

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INSURANCE COMPANIES OF OTHER STATES. 117

STERLING FIRE INSURANCE COMPANY.

NEW YORK CI'l'Y.

INCORPORATED IN 1864. COMMENCED BUSINESS IN 1864.

ANDREW L. SOULARD, President. LOUIS P. BAYARD, Secretary.

Capital paid up in cash, $350,000.

I. AS~ETS.

Loans on hond and mortgage, (first liens) . . ...•......•..••..••..•••

Stocks and bonds owned by the company, market value ............... .

Cash in the company's principal office and in bank . . . . .........•...•

Interest due and accrued ...••............•.........•.•.......•...•

Premiums in due course of collection ..••.•••...•.•••..••••••••...•••

Reinsurance .•.•••.••..••.......•••..• , .• , ..••.•..•..•••••.••..•••

Aggregate of all the admitted assets of the company at their actual

$47,000 00

360,532 50

4,685 75

235 00

8,874 90 593 75

value ..•..•.••••• , ........... , • . • • . . • • • . . . • . . . • •• . • . . • • . . . • $421,921 90

II. LIABILITIES.

Losses adjusted and unpaid ••••••••.....•....••....•.••

Losses unadjusted, including all reported and supposed

losses ...•..••..•.•... , ..••. ·. · · · · • · · · · · · · · ·• • • · • • •

$506 44

4,090 00

Net amount of unpaid losses and claims ............................. .

Amount required to safely reinsure all outstanding risks ....•.....•..• All other demands against the company, viz: commissions, etc .••....•.

Total amount of liabilities, except capital stock l}nd net surplus ...•.•• Capital actually paid up in cash ................................... . Surplus beyond capital ..............••..••••••.....•.••..........•

$4,596 44 45,384 70

1,672 48

$51,653 62 350,000 00

20, 268 28

Aggregate of all liabilities, including stock and net surplus....... $421,921 90 -------

III. INCOME DURING THE YEAR.

Fire. Inland.

Net cash received for premiums........... $03,073 07 $925 00 ---- ---- $93,098 07

Received for interest and dividends from all sources .....•••••....••..• 15,656 04

.Aggregate amount of income received in cash.... • • • • . • . • • • . . . • . $109,654 11

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118 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. Inland.

:Net amount paid for losses................. $60,899 36 $29 64 ---- ---- $60,929 00

Paid for commissions or brokerage .......•••.•.•.•.•.........••....• Salaries and other charges of officers, clerks and employees ...•.•....•.

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ..........••.....••..•.•

18,893 22 18, 100 00

2,182 74

11,088 88

Aggregate amount of expenditures in cash . . . • . . . • . . • • • . .. . • .. • • $111, 193 84

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risl,s. Premiums.

$69,532 32 109,569 65

Inland risks. Premiums ..

, In force December 31, 1881 .••• $12,288,562

Written during the year....... 17,600,646 $20,000 $1,025 00

Total ....................... $29,889,208 $179, 101 97 $20,000 $1,025 00 Deduct those expired and

terminated ...............•. 15,714,?32

In force at end of the year ..•. $14,174,976

Deduct amount reinsured..... 788,530

Net amount in force ...... $13,386,446

86, 733 92

$92,368 05 6,439 85

$85,928 20

$2G,OOO

$20,000

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) .............••....•..........•.......••••......

Premiums received .......................••••..................... Losses paid on risks taken .•..........•....•....•.....••..••..••••.. Losses incurred in Maine .......•••.••••..•......•.•.•...•.•..••••.•

Amount of taxes paid to the State of Maine on premiums ..•... , .•••...

$1,025 00

$1,02.'i 00

$109,.526 uO I,319 94

33 48

499 82 25 73

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INSURANCE COMPANIES OF OTHER STATES. 119

UNION INSURANCE COMPANY.

PHILADELPHIA, PA.

INCORPORATED IN 1804. COMMENCED BUSINESS IN 1804.

COLSON HIESKELL, President. JOHN B. CRAVEN, Secretary.

Capital paid up in cash, $500,000.

I. ASSETS.

Real estate cwned by the company, unincumbered ................. .. Loans on bond and mortgage, (first liens) ......................... ..

Stocks and bonds owned by the company, market value ............... . Loans .secured by collaterals ......••...........•••••..••..••••••...•

Cash in the company's principal office and in bank .•..••••......•...•• Interest due and accrued .......................................... .

Premiums in due course of collection ..................... ..

Bills receivable, not matured, taken for risks ....................... . Other assets ...........................................•.•......••

Aggregate of all the admitted assets of the company at their actual

$186,000 00 31,000 00

436,843 80

48,446 13

21,003 13 3,184 99

76,673 83

77,088 53 1,058 12

value . . . . . • • • • . . . . . • • • • . . . . . . . . . . . . . . . . . . . . . . • . . . • . . . • . . . . . $884, 298 53

II. LIABILITIES. Losses adjusted and unpaid............................ $11,079 71 Losses unadjusted, including all reported and supposed

losses.............................................. 65,000 00

Net amount of unpaid losses and claims............................. $76,079 71 Amount required to safely reinsure all outstanding risks.............. 242,951 29 All other demands against the company, viz: commissions, etc • • . . • • • • 34, 130 68

Total amount of liabilities, except capital stock and net surplus....... $353, 161 68 Capital actually paid up in cash.... • .. • • • • . .. .. • . .. .. .. • .. • .. .. .. .. 500,000 00 Surplus beyond capital............................................ 31,136 85

Aggregate of all liabilities, including stock and net surplus....... $884,298 53

III. INCOME DURING THE YEAR.

Fire. Marine.

Net cash received for premiums........... $364,433 05 $315,462 75 ---- ----- $679,895 80

Received for interest and dividends from all sources....... .. .. • .. • . • .. 31,094 64 Income from rents..... • • • • . • . • . . . . . • . . . . . . . • . • . • • • . • . . • . • . . • • • . • . • 15, 261 08

Aggregate amount of income received in cash.................... $726,251 52 -·----

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120 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. .Marine.

Net amount paid for losses................ $258,806 58 $221,844 7'6

$480,651 34

Cash dividends actually paid........................... .• .. . . . . . . .. 39,924 80 Paid for commissions or brokerage.................................. 103,006 37 Salaries and other charges of officers, clerks and employees........... 31,826 00

P,1id State, national and local taxes................................. 18,184 48

All other expenditures, viz: general expenses . . . .. . . .• • • .. •• .. . . . . •. 57,728 69

Aggregate amount of expenditures in cash . • .. • . .... •. . . .. .. .. . . $731,321 68

V. MISCELLANEOUS.

RISKS .AND PREMIUMS.

Fire rz~ks. Premiums. Marine risks. Premiums.

In force December SI, 1881. $28,781,215 $304,932 75 $1,697,530 $66,361. 19

Written during the year ... 42,384,414 428,956 74 77,991,806 548,835 92

Total. . • . . ... • •. .. •• .. ... • $71,165,629 $733,889 49 $79,689,336 $615,197 11

Deduct those expired and

terminated.. • •••...•••.• 38,984,501 373,560 11 78,257,044 551,918 56

In force at end of tho ye&r.. $32,181, 128 $360,329 38 $1,t32,292 $63,278 55

Deduct amount reinsured.. 1,890,139 22,840 36 373,645 4,356 25

Net amount in force.... $30,290,989 $337,489 02 $1,058,647 $58,922 30 -------- ---------- ------- -----

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Fire. Marine. Aggregate.

Risks taken, (fire)...................... $311,360 00 $95,572 00 $406,932 00 Premiums received .•.•.....•••••• , •.•.... Losses paid on risks taken ....••••..•..•••

2,395 99 1,485 00

581 53

Losses incurred in Maine ...•...••••.••.....•....•..••..•.••••.•.••.

Amount of taxes paid to tho State of Maine on premiums ••....•••.•...

2,977 52 1,485 00

2,002 00

89 32

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INSURANCE COMPANIES OF OTHER STATES. 121

UNITED STATES FIRE INSURANCE COMPANY.

"NEW YORK (Wl'Y.

INCORPORATED IN 1824. ComrnNCED BUSINESS IN 1824.

W. W. UNDERHILL, President. GEORG]!] E. COCK, Secretary.

Capital paid np in cash, $250,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) ......... , ................ ..

Stocks and bonds owned by the company, market value .............. ..

Cash in the company's principal office and in bank ................... .

Interest due and accrued ....•...•••.•••..........••.....•.•.....•.•

Premiums in due course of collection ...••..•..••....•..•..••..•••.••

Bills receivable, not matured, taken for risks .••••.••.•••••••••.•..•.

Aggregate of all the admitted assets of the company at their actual

$159,700 00

354,245 00 3,191 78

4, 138 44

6,976 41

2,000 59

value...................................................... $530,252 22

II. LIABILITIES.

Losses adjusted and unpaid .......................... .. $2,137 37 Losses unadjusted, including all reported and supposed

losses, ....•.••....•.•........••.•.........•.......• 8,929 29

Net amount of unpaid losses and claims.............. .. .. .. . . .. •• .. . . $11,066 66

Amount required to safely reinsure all outstr.nding risks. .. • .. .. .... 33,747 42

All other demands against the company, viz: commissions, etc......... 4,015 91

Total amount of liabilities, except capital stock and net surplus ....... . Capital actually paid up in cash .................................. .. Surplus beyond capital. ......................................... ..

$48,829 99

250,000 00 231,422 23

Aggregate of all liabilities, including stock and net surplus. • .. • . $530,252 22

III. INCOME DURING THE YEAR.

Fire. Inland.

Net cash received for premiums. . .. .. •..• $51,905 20 $38,539 55 ---- ---- $90,444 75

Received for interest an<! dividends from all sources ................ .. 17,766 63

Aggregate amount of income received in cash., •••• ,, • , • • • • • • • • • • $108, 211 38 -----

11

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122 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE Y.EAR.

Fire, Inland.

Net amount paid for losses................ $10,811 56 $13,099 78 --- ---- $23,911 34:

Cash dividends actually paid.. • ••••••••.•.••.•.•••••••••••...• ~· .• Paid for commissions or brokerage ....••••••......••..•....••..•...• Salaries and other charges of officers, clerks and employees ..•.•••••••. Paid State, national and local taxes •..•.••••.•••..••.•••••••.•.•••••

A 11 other expenditures, viz: general expenses ....................... .

24-,4-92 50 17, 198 28

11,052 631 3, 248 4-5,

10,386 4-6

Aggregate amount of expenditures in cash........................... $90,289 66

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums. Inland risks. Premiums.

In force December 31, 1881... $!>,438, 13 2 $29,016 30

Written daring the year..... 13,854-,068 60,326 01

$31,oOO

3,4-92,523

$990 00

4-6,34-5 23

Total...................... $23,292,200 $89,34-2 31 $3,524-,023 $4-7,335 23

Deduct those expired and terminated.. . .......... . 10,589, 759 33, 755 4-0 3,209,168 35, 776 00

In force at end of the year.. $12,702,4-4-1 $55,586 91 $314-,855 $ll,559 23

Deduct amount reinsured ..... 399,950 2,008 60

Net amount in force..... $12,302,4-91 $:>3,578 31 $314,855 $11,559 23

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ............................................... . Premiums received .•..•••••.•••••.•••••.••.•.•...••.••.•••.•••....

$7,100 00 79 20

I 58 Amount of taxes paid to the State of Maine on premiums •.•••••.••..••• ====

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INSURANCE COMPANrns OF OTHER STATES. 123

WASHING TON FIRE AND MARINE INSURANCE CO.

BOSTON, MASS.

INCORPORATED IN 1872. COMMENCED BUSINESS IN 1873,

ISAAC SWEETSER, Presidenc. A. WILLA!{.D DAMON, :Secretary ..

Capital paid up in cash, $400,000.

I. ASSETS.

Loans on bond and mortgage, (first liens) • . . . • . • . • • • .. . • .. • • .. . • . . . • $8 l,000 QI};,

Stocks and bonds owned by the company, market value............ . . • • 649,389 00,,

Loans secured by collaterals.. . . . . . • . . • . . . . . . . . . . • . • . . . • . • • • • . . • . . . • 40,000 00,

Cash in the company's principal office and in bank........ • • • • . . . . . . • • 106,4 77 59,

Interest due and accrued........................................... 4,C61 51 Premiums in due course of collection . . • .. .. .. .. •• .. .. • . .. .. 20,722 54 Bills receivable, not matured, taken for risks........................ 35,980 79,

.Aggregate of all the admitted assets of the company at their actual

value...................................................... $940,631 43: -----

II. LIABILITIES.

Net amount of unpaid losses and claims, (unadjusted)................ $46,215 00,

Amount required to safely reinsure all outstanding risks.............. 156,587 56 All other demands against the company, viz: commissions, etc........ 7,635 91.

Total amount of liabilities, except capital stock and net surplus....... $210,438 47 Capital actually paid up in cash.... . .. . .. .. .. .. .. . . • • .. .. . . • .. . .. .. 400,000 00, Surplus beyond cap ital........ .. . • • . • • .. • • .. • . • • • • . . . • • • • • .. • • .. . • 330, 192 96

Aggregate of all liabilities, including stock and net surplus... • • • • $940,63 l 43:

III. INCOME DURING THE YEAR.

Fire. Marine.

Net cash received for premiums........... $180,315 23 $145,480 70

Received for interest and dividends from all sources .................. .

-----

$325,795 93,

38, 761 61

Aggregate amount of income received in cash........ .... • • • • . • .. $364,557 H.

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124 STOCK FlRE, FIRE-MARINE AND MARINE

IV. EXPENDITURES DURING THE YEAR.

Fire. .Marine.

Net amount paid for losses................ $106,487 94 $102,168 10

----- ----- $208,6S6 04-Cash dividends actually paid •...•••.•••.•••..••.•••....••••.•.....• Paid for commissions or brokerage .......•••••...••.•.••••••.•••..•• Salaries and other charges of officers, clerks and employees ••..••••••••

Paid State, national and local taxes ................................ . All other expenditures, viz: general expenses •......••••.•••.•••....

40,000 00

55,589 90

17,400 00

8,393 82

13,855 84

Aggregate amount of expenditures in cash . • • • • • . • • • • • • • • • • • . • • . $343,895 60

V. MISCELLANEOUS.

RISKS AND PuElllUllS.

Fire mks. Premiums. Marine risks. Premiums.

In force December 31, 1881. $17,361,130 $194,388 26 $3,964,636 $53,089 47

Written during the year . • • 20,40:l,243 205,708 21 12,543,0:13 161,688 CO

'Total. . . • . .. . . .. . . . • • . . • .. $37:7G4,373 $400,096 47 $16,.'">07,U\9 $214, 778 07

Deduct those expired and terminated.. • ••......... 19,274,206 185,023 66 11,491,735 166, 161 41

In force at end of tho year.. $18,490,167 $215,072 81 $5,015,934 $48,616 66

Deduct amount re insured . . 158,564 2,049 44 78, 250 l, l.'>3 84

Not amount in force.... $18,331,603 $213,023 37 $4,937,684 $47,462 82 ---~~ ----

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) •••••.•...•. , •••••••.••.••• • .••••••.•••••••••.•• :Premiums received .....••.•••••••••.•.•••••••••••..•..••••.•.•.•.• Losses paid on risks taken .•..•..•••.•..•••••.•••••.•••••••••.•••••• Losses incurred in Maine •......••••••••..•.•.••••....••••..••....••

Amount of taxes paid to the State of 1\fain,e on premiums .• , •••••.•....

$193,969 00 2,086 86

l,061 87

2,361 87

41 74 -------

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INSURANCE COMPANIES OF OTHER STATES. 125

WESTCHESTER FIRE INSURANCE COMPANY.

NEW YORK CI'l1Y.

INCORPORATED IN 1837. COMMENCED Busurnss IN 1837.

GEO R. CRAWFORD, President. JOHN Q. UNDERHILL, Secretary.

Capital paid up in cash, $300,000.

I. ASSETS.

Real estate owned by the company, unincumbered........ .• . . . . . . . . •• $39,800 00

Loans on bond and mortgage, (first liens) • . . . . . . . . . . . . . • . • .. .. • • .. • • 124,600 00

Stocks and bonds owned by the company, market value............... 632,600 00 Loans secured by collaterals.... . . .. . .. .. .. . .. . .. .. . .. • .. . . .. .. . .. . 4, 200 00

Cash in the company's principal office and in bank ......•.... ,.... . • • • 51,078 85

Interest and rents due and accrued...... .. • • . .. • . • .. .. .. .. .. .. .. . .. • 3,008 75

Premiums i~ due course of collection.... .. • . .. .. .. .. . . .. .. .. .. .. . .. • 68, 722 59

Aggregate of all the admitted assets of the company at their actual

value............................ .. . . . . • . .. . . . . •• .. • . • . . • . . $924,010 19

II. LIABILITIES.

Losses adjusted and unpaid .. . . .. . • . .. . .. .. . .. . .. . . . .. . $33,608 76 Losses unadjusted, including all reported and supposed

lossus...... . . . . . . . • . . • . . • • . • • • • . . . . . • • • . . . • . • . • . . • • 15,950 00

Net amount of unpaid losses and claims.............................. $49,558 76 Amount required to safely reinsure all outstanding risks........ . . • . . . 381,360 20

All other demands against the company, viz: commissions, etc . . • • • • • • 9,070 30

Total amount of liabilities, except capital stock and net surplus ••••. , • $439,989 26 Capital actually paid up in cash........ .. .. .. • • .. .. .. .. .. .. .. .. .. • • 300,000 00 Surplus beyond capital. ........................................ : .. 184,020 93

Aggregate of all liabilities, including stock and net surplus..... . . $924,010 19

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .................. : ......... ..

Received for interest and dividends from all sources ................ ..

Income from rents .•.••.•••••••.••. , • , •

$572,395 56

29,957 26

4,043 96

Aggregate amount of income received in cash ..•••••• , , • • • • • • . . • • $606,396 72

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126 STOCK FIRE, FIRE-MARINE AND MARINE

IV. EXPEND:::TtTRE8 DURING THE YEAR.

Net amount paid for losses, (fire) • , •. . • •••• •• •• .• • . •• • • •• .. .. . • .. • • $320,957 55

Cash dividends actually paid ....................... , • • • • • • • • • • • • . . • 30,000 00

Paid for commissions or brokerage.................................. 108,819 01

Ralaries and other charges of officers, clerks and employees............ 26,282 ·15

Paid State, national and local taxes..... . • .. . . • • .. .. • • .. .. • • . .. • • .. • 16,367 62 All other expenditures, viz: general expenses..... . • • . • • • • . . . . • • • . . . • 78,670 131

Aggregate amouut of expenditures in cash .••••••.••.••••.•• , . • • • $581,097 14

V. MISC!l:LLANEOUS.

RISKS AND PREMIUMS,

In force December 31, 1881. ........................ ..

Written during the year, ......................... , •••

Total .•. , ....•...••...•..•••••.••••••••.••.•.•••.••

Deduct those expired and terminated ........••.•••...•

In force at end of the year ..•.••. , ••••••••••••••• , •••

Deduct amount reinsured, ••••.•••.••..••••••.• , ••..••

Net amount in force •.•••••• , ••••••••.•..•••.••••

Fire risks.

$79,795,911

71,879,961 ------$151, li75,8 72

68, 701,968 ------

$82,973,904

1,540,644 ------

$81,433,260

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) .••••••••...•••.•••. , • , •••••....• , .•••••••••.••• Premiums received ........................... , .............. , ... .. Losses paid on risks taken •. , ••. , ... , ... , .. , , •. , , • , , • , •.. , ....•.• , • Losses incurred in Maine ........................................ .. Amount of taxes paid to the State of Maine on premiums., .•.•••.•..•.

r-<-------···-~

Premiums.

$712,395 47

633,293 41 ------

$1,345,688 88

599,524 11 ------

$746,164 77

18,038 8(i

------$728,125 91 ------

$533,550 00 6,072 53 2,357 80 2,357 80

74 29 ----~-

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INSURANCE COMPANIES OF OTHER STATES. 127

WILLIAMSBURGH CITY FIRE INSURANCE COMPANY.

BROOKLYN, N. Y.

INCORPORATED IN 1853. COMME~CED BUSINESS IN 1853,

EDMUND DRIGGS, President. N. W. MESEROLE, Secretary.

Capital paid up in cash, $250,000.

I. ASSETS.

Roal estate owned by the company, unincumbered .................. .

Loans on bond and mortgage, (first liens) ......................... ..

Stocks and bonds owned by the company, market value ........•.•...•

Loans secured by collaterals ...•.... , ••..•....•..•...••.••••...••..•

Cash in the company's principal office and in bank ................... .

Interest and rents due and accrued ......•..•. , •...••..••..•••..•••••

Premiums in due course of collection ............................... .

Aggregate of all the admitted assets of the company at their actual

$276,187 84

127,750 00

542,835 20

23,4 70 00

22,974 88

12, 135 96

71,527 89

value ...................................................... $1,076,881 77

II. LIABILITIES.

Losses adjusted and unpaid ........................... .

Losses unadjusted, including all reported and supposed losses ..••.....•...........•..•........•...........•

Losses resisted, including interest, costs and expenses ...•

Gross amount of claims for losses ........••...•..•.•

Deduct reinsurance and salvage ................... .

$10,509 35

26, 792 05 5, 150 00

$42,451 40 1,492 94

Net amount of unpaid losses and claims............................. $40,958 46

Amount required to safely reinsure all outstanding risks.. . • • • . • • . • . • • 334, 779 70 All other demands against the company, viz: commissions, etc......... 19,306 01

Total amount of liabilities, except capital stock and net surplus ....... . Capital actually paid up in cash ................................... .

Surplus beyond capital ........................................... .

$395,044 17 250,000 00

431,837 60

Aggregate of all liabilities, including stock and net surplus ...... $1,076,881 77

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)............................... $506,771 23

Received for interest and dividends from all sources.................. 39,968 79

[ncome from rents................................................. 11,899 92

Aggregate amount of income received in cash............ .. • . .. .. $558,639 94

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128 FIRE INSURANCE COMPANIES OF OTHER STATES,

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Cash <lividends actually paid .....•......•••.••...........••.•...•••

Paid for commissions or brokerage .................................. .

Salaries and other charges of officers, clerks and employees .....••....•

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ....................... .

$299,036 '27

50, '.160 00

122,556 84

52,fi03 72

10,122 50

51,10830

Aggregate amount of expenditures in cash ....•.••••. , • • • • • • • • . • $585,587 fi3

V. MISCELLANEOUS.

RISKS AND PREmUMS.

In force December 31, 1881. ......................... .

Written during the year •.• , ........................ .

Total ...•••••••••...........•••.•••.•.•••••.•••••.•

Deduct those expired and terminated ..••••••.•••••••••

In force at end of the year •...••••.••••.•.•.•••••••.••

Deduct amount reinsured . . .••••••••.•••••••••••••••

Net amount in force .••.••••.••••.•••.•••..••••••

Fire risks,

$72,560,]66

84,470,580 ------$157,030, 746

70,658,518 -----·

$86,3 72, 228

2,489,596 ------

$83,882,<i32 -------...

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) , ••• , .......................................... , I~remiums received... . ...••••.•.••.••.•••••••••.•••••.•.••••• , •••

Losses paid on risks taken ..•••.•...•••.•••.•••....••••••••••••.•••

Amount of taxes paid to the State of .Maine on premiums ............. .

Premium.~.

$531,434 92 574,330 86

·-----$1,105,765 78

441,787 78 ------

$663,978 70

28,754 71 ------

$635,223 99 ----~~

$503,672 00

4, 795 35 975 15

76 40

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MUTUAL FIRE INSURANCE COMPANIES O:F OTHER STATES.

ABSl'RACTS COMPILED FROM THE ANNUAL STATEMENTS OF THE

MUTUAL FIRE INSURANCE COMPANIES OF OTHER STATE8,

AUTHORIZED TO TRANSACT BUSINESS IN THE STATE

OF MAINE, SHOWING THEIR CONDITION ON THE

3lsT DAY OF DECEMBER, 1882.

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Page 173: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

HOLYOKE MUTUAL FIRE INSURANCE COMPANY.

SALEM, MASS.

INCORPORATED IN 1843. COMMENCED BUSINESS IN 1843.

ALFRED A. ABBOTT, President. '!HOS. H. JOHNSON, Secretary.

I. ASSETS.

Real estate owned by tho company, unincumbered .....•..••••.••.••.•

Loans on bond and mortgage, (first liens) ••....•••.•.•••••.••.•••..•• Stocks and bonds owned by the company, market value ............... . Loans secured by collaterals .•......•......•.•.•..•.•......•..• , ••.•

Cash in company's principal office and in bank. ...••••..••..•.•.....••

Interest due and accrued .........••..••.......•...•......••...•..••

Premiums in due course of collection ........•••.•....•..•......•....

Aggregate of all the admitted assets of the company at their actual

$40,000 00

27,900 00 472,457 75

10, 120 01

11,898 25

4,514 51

1,350 13

value .•.•.•.•••.....•.•••••.•.••••.••••••• , •••• , • • • • • .. . .. . $568, 240 65

II. LIABILITIES.

Amount required to safely reinsure all outstanding risks.. . . . . . • . . . • . . $143,526 63

All other demands against the company, viz: commissions, etc........ 1,133 32

Total amount of liabilities, except net surplus .••.••.•.••.•••........ Net surplus ...................................................... .

$144,659 95 423,580 70

Aggregate of all liabilities, including net surplus... • . . • • .. • . . . . $568,240 65

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $84,332 98

Received for intere~t and dividends from n.U sources....... . . . • . . . . . • . . 26,406 16

I11come from rents............. . . . • .. •. . . • . .•• • . • • . .• • • .• .. .. . • . • . • 2,748 67

Aggregate amount of income received in cash........ • . . • . . . . .. .. $113,487 81

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132 MUTUAL FIRE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ......................•......••....

Cash dividends actually paid ................................... ..

Paid for eommissions or brokerage .......•...•.............•.•••..•.

Salaries and other charges of officers, clerks and employees ........... .

Paid State, national and local taxes ................................ .

All other expenditures, viz: gener11l expenses .......••••..........•.

$47,896 75

7,000 00

12,853 80

9,036 68

1,080 52

32,157 15

Aggregate amount of expenditures in cash... . . . • • • . • • . • . . . . . . . . $110,024 90 --------

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Firr. risks. Premiums.

In force December 31, 1881... •• • • •• • • • • •• •• •• • • • • . • . • $19,679,221 $273,06,1 16

Written during the year................. .. . . .. • • .. .. 6,883,623 86, 115 ti:!

Total . . .• . . .. . . . . . . .. • . .• . . •. . . .• .. . • • . •• • • •• .. .. . • $26,562,844 $359,179 7\l

Deduct those expired and terminated.................. 6,550,592 84,476 09

Net amount in force......................... .. . . $20,012.252 $274,703 70

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ............................................... . Premiums received ..•..•..•.•.••.•.••.••........••.•...••.••......

Losses paid on risks taken .......•.•...•...•••......•....•...•..•...

Losses incurred in Maine .......................................... .

Amount of taxes paid to the State of Maine on premiums ..•......••••

$595,800 00

4,606 46

160 00

160 00

92 13

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INSURANCE COMPANIES OF OTHER STATES. 133

QUINCY MUTUAL FIRE INSURANCE COMPANY.

QUINCY, MASS.

INCORPORATED IN 18."il. CO}rMENCED BuSINl'SS IN 1851.

ISRAEL W . .MUNROE, Prc.~idcnt. CHARLES A. HOWLAND, Secretary.

I. ASSETS.

Real estate owned by the company, unincumbcred .....••...... , .•....

Loans on bond and mortgage, (first liens) ......................... .

Stocks and bonds owned by the company, market value ......•..•.•..• Loans secured by collaterals ......•...•........•..••....•••••...••.•

Cash in tho company's principal office and in bank ••..•..•...•.•.•...•

Interest due and accrued .••.........•............•.•....••.........

Premiums in due course of collection •..•..•..•....••••••.••...•.....

Aggregate of all the admitted assets of the company at their actual

$15,500 00 'i9, 100 00

213,GSO 00 65,490 00

35,857 30

7,225 32 9, 103 26

value .. . . .. . . .. .. .. .. . . .. .. .. . . .. .. . .. . .. .. . .. . • .. . .. • .. . . $425,955 88

UNADMITTED ASSETS.

Loans or, personal security..... .. .. .. . . . . . . .. .. .. • • • • • • $20,491 67

Cash on deposit in Pacific National Bank.... . . .. . . .. .. .. lG,004 42

$36,496 09

II. LIABILITIES.

Amount required to safely reinsure all outstanding risks.............. $187,0SO 40 All other demands against the ~ompany, viz: commissions, etc..... . . . • 3,552 17

Total amount cf liabilities, except net surplus...................... $l!l0,632 57 Net surplus.............. . . .. .. .. . .. . .. .. .. .. .. .. .. .. .. . • .• . • • .. • 23fi,323 31

Aggregate of all liabilities, including net surplus............... $·125,955 88

III. INCOME DURING THE Y.KAR.

Net cash received for premiums, (fire).............................. $95, 797 56

Received for interest and dividends from all sources.................. 19,003 31 Income from rents..... • . . • . . . . . . . . • . • . . . • . • . • • . . . • . . . . • . . . . . • • • • • . 650 00

Aggregate am'lunt of income received in cash............ • • .. .. .. $1.15,4:>0 87

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134 MUTUAL FIRE

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Cash dividends actually paid ........•.......••.•.•............•....

Paid for corn missions or brokerage ................................. .

Salaries and other charges of officers, clerks and employees ...•...•••.•

Paid State, national and local taxes ............................... .

All other expenditures, viz: general expenses .....••..••.••...•.•...•

Aggregate amount of expenditures in cash ...•.............•....•

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

$19,810 74

36,020 49

15,416 57 9,375 00

1,610 36 4, 784 06,

$87,017 22

Fire risks.

In force December 31, 1881 • • . • .. .. . .. • • • • • . .. • .. .. .. .. • .. . .. . . .. .. $25,509,944

Written during the year....................... • .. . .. • . .. • . .. .. .. .. 7,164,728

Total......................................................... • . .. $32,674,672

Deduct those expired and terminated . . . . • .. . • . • • . . . .. . • .. . . .. . . • • • • 6,556,695

Net amount in force....... .. . . . . .. .. . • ... . . .. . .... .. • • .. . . .. .. $26,117,977

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ••••••.•...••••..•.•••••••••.•••.••• , ••..••••••.•

Premiums received ..•.........•...............•....•.. , .•..••....

Losses paid on risks taken •..••....•.••..•.•.••••••••...•••.•.•••.••

Losf"flS incurred in Maine ...•.•.•..... , .•••.•••.••.••••..•.••...••..

Amount of taxes paid to the State of Maine on premiums ••.•••......••

$139,855 00

2,374 ()6

1,163 87

1,163 87

47 48

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INSURANCE COMPANIES OF OTHER STATES. 135

TRADERS' AND MECHANICS' INSURANCE COMPANY.

LOWELL, MASS.

INCORPORATED IN 1848. COMMENCED BUSINESS IN 1848.

LEVI SPRAGUE, President. EDWARD M. TUCKE, Secretary.

I. ASSETS.

Loans on bond and mortgage, (first liens)............................ $123,780 00

Stocks and bonds owned by the company, market value............... 139,145 00

Loans secured by collaterals.... • . • . . . . • .. . • . .. • • • • • • • • • • . . . . . • . . . . . 53,000 00 Cash in the company's principal office and in bank • . . . . . . • . . . . . • . • . . • 8,859 66

Interest due and accrued....... . . . • . . . . . . . • . • • • . . . . . . . . . . • . . • • . . . . . 1,530 00

Premiums in due course of collection • . . . . • . . . . • • • • • . . • • .. • • • • • . • • • • 2,4 75 25

Aggregate of all the admitted assets of the company at their actual value........... .. . • . . • • • • • . . . . • . . • • • • • • • • .. • . • • • • • • • . • • . . • • $328,78!l 91

UNADMITTED ASSETS,

Loans on personal security,.... • . • • . • . • . .. • • . • . . . . • . . . . $25, 775 00

II. LIABILITIES.

Net amount of unpaid losseB and claims, (unadjusted) ..•..••..••...•. Amount required to safely reinsure all outstanding risks ..•••.••....•

$200 00 124,380 23

Total amount of liabiliti~, except net surplus....... • • . . . . . . . . . . . . • . $124,580 23 Net surplus..... . • • . . . . • . . . . • . • • • • • • . . . . • • . . . . . . . • . . . • . . . • . . . . . . • • 204, 209 68

Aggregate of all liabilities, including net surplus .•.........•... $328,789 91

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ....... -. • • • .. .. .. • • .. • • .. . . .. .. $56, 796 75

Received for interest and dividends from all sources....... .. • . • • . • • • .. 20,964 77

Aggregate amount of income received in cash.................... $77,761 52

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136 MUTUAL FIRE INSURANCE COMPANIES OF OTHER STATES.

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................. .. Cash dividends actually paid ...................................... .

Paid for commissions or brokerage .•.....••..•••.••..•..•..•.•..•.••

Salaries and other charges of officers, clerks and employees ..•.••••.•••

Paid State, national and local taxes ............................... ..

All other expenditures ......•.......•.....••......................

_-\ggregate amount of expenditures in cash .••.•....•..••.•.••....

V. MISCELLANEOUS.

RISKS AND PREJ.fIUMS,

$15,106 8:1 20, 'l96 98

7,645 04

3,800 78 559 4,'i

150 00

$4 7 ,559 08

.Fire risks.

In force December 3.1, 1881..... •• • • .. .. •• •• .. • • .. . . .. • • .. • . ... • .. •• $16,654,837 Written during the year... . .. • .. .. .. .. . .. . .. .. .. .. . • .. . .. • .. .. .. .. 4,30!J,580

Total........ • .. • .. .. .. • . .. .. .. .. . .. • • . • • • . • . • .. • • • • • • .. . .. • • . .. • $20,964,417

Deduct those expired and terminated . . . • • • • • • • • • • • • • • • . • • • • • • • •• • • 3,960,923

Net amount in force .••••••••••••••• , •..•••••.••••••.•••••.•..

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) .•••••••••••••••.••.••••.•••••••••••••••••.••••• Premiums received .•••.•••••••••••.••••••• , •••• , ••.•••..••....•••• Amount, of taxes paid to the State of Maine on premiums •.•••••••••••

$17,003,494

$29,300 00 231 70

4 63 --------~

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INSURANCE COMPANIES OF FOREIGN COUNTRIES.

~----·---ABSTRACTS COMPILED FROM THE ANNUAL STATEMENTS OF THE

UNITED STATES BRANCHES OF INSURANCE COMPANIES OF

FOREIGN COUNTRIES, SHOWING THEIR CONDITION

ON THE 3lsT DAY OF DECEMBER, 1882.

12

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Page 181: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

BRITISH AMERICA ASSURANCE COMPANY.

'fORONTO, CAN ADA.

INCORPORATED IN 1833, COMMENCED BUSINESS IN 1833.

JOHN MORISON, Governor, SILAS P. WOOD, Secretary.

Capital paid up in cash, $500,000.

UNITED s1wrES BRANCH.

I. ASSETS.

Stocks and bonds owned by the company, market value •.............• Cash in the company's principal office and in bank ................... .

Interest due and accrued .......................................... . Premiums in due course of collection ............................... .

$767,635 00

24,115 12

600 00

31,227 88

Aggregate of all the admitted assets at their actual value. . • • • • • • • _$823,578 00. -----------.

UNADMITTED ASSE'fS,

Office furniture ....................•••.•.•..••...•..•. $4,401 98

II. LIABILITIES.

Losses unadjusted, including all reported and supposed losses.............................................. $84,228 05

Losses resisted, including interest, costs and expenses.... 2,500 00

:N"et amount of unpaid losses and claims.............................. $86,728 05-Amount required to safely reinsure all outstanding risks.............. 295,056 85 All other demands against the company, viz: commissions, etc........ 3, 135 84.

Total amount of liabilities, except net surplus........................ $384,920 74 Net surplus....................................................... 438,657 26

Aggregate of all liabilities, including net surplus................. $823,578 00

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140 INSURANCE COMPANIES

III. INCOME DURING THE YEAR.

Fire. Inland.

Net cash received for premiums............ $520,386 49 $33,803 !>3 -·-·-- ----- $554,190 42

Received for interest and dividends from all sources ...••••.•.•.••• , , • • 44,924 40

Aggregate a~ount of income received in cash.... . • • • . . . • . • . . • • • • $599, 114 82

IV. EXPENDITURES DURING THE YEAR.

Fire.

Net amount paid for losses................ $394,549 21

Inland.

$9,500 59 ---- ---- $404,049 80

Paid for commissions or brokerage ..•••..••...••...•...•.•...•.•.•..

Sal:tries and other charges of officers, clerks and employees .•••. , ••.•.•

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses .•..•••••••••• , •.•••••••

109,933 19

18,060 52

11,324 79

56,276 10

.Aggregate amount of expenditures in cash •..• ,.................. $599,644 40

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums. Inland risks. Premium~. In force December 31, 1881. $54,824,883 Written during the year.... 50,596,346

$614,558 81 613,065 39

$413,200 $11,843 61 5,886,882 38,087 65

Total .................... $105,421,229 $1,227,624 20 $6,300,082 $49,931 2{i

Deduct those expired and terminated .•...••.•••••• 58,166,555 628,356 20 5,991,697 38,836 34

In force at end of the year. $47,254,674

Deduct amount reinsured... 1,613,670

$599,268 00

22,864 00 $308,385 $11,094 92

2,500 29 lG

Net amount in force... $45,641,004 $576,404 00 $305,885 $11,065 76 --~---- -----~ ------

BUSINESS Ill THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ••••••..••••••••••••••••••••••..•••••••••••••••.

Premiums received ............................................... .

Losses paid on risks taken ...... · ................................ , ...

Losses incurred in Maine .....••..••••••.••• , •••••••.•.....•••••.•.•

Amount of taxes paid to the State of Maine on premiums •••••.. ,, ..••

$626,572 00 9,782 00

6,547 87

6,432 76

64 68 --~--------

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OF FOREIG:\1 COUNTRIES. 141

CITY OF LONDON FIRE INSURANCE COMP ANY.

LONDON. ENGLAND.

INCORPORATED IN 1881. ComrnNCED BUSINESS IN 1881.

Capital paid up in cash, $1,000,000.

UNITED STA'l'ES BRANCH.

JOHN C. PAIGE, Manager.

OFFICE, No. 20 KILBY STRE~:T, BOSTON, MASS.

I. ASSETS.

Stocks and bonds owned by tho company, market value....... •. • • • . . . $666,400 00,

Cash in company's principal office and in bank....... . . • . . . • . .. . . •. . • 23,955 23.

Interest due and accrued... . . . . . . • . . . . . . . • . . . . . . • • • • • • . • . • . . . . . . . . . 4,800 00

Premiums in due course of collection.... • . .. .. • . .. • . . • • . .. • . .. . . . • . • 66,979 26. Duo for reinsurance........ .. .. .. .. . . . • .. .. . .. . .. . . . . .. .. • • . . • . . .. . 5,702 38.

Aggregate of all the admitted assets at their actual value......... $767,836 87

II. LIABILITIES. Losses adjusted and unpaid.... • . . • . . . . . . . • . . . . . . . . . . • . $12, 258 3 2 Losses unadjusted, including all reported and supposed

losses ..........•••.•.•...........•...•....•.•...... 37,166 80

Gross amount of claims for losses.................. $49,425 12 Deduct reinsurance and salvage.... . . . . .. . . . • . . . . . . 3, 104 75

~et amount of unpaid losses and claims............................. $46,320 37-Amount required to safely reinsure all outstanding risks .......... .,.. 225,518 16,.

All other demands against the company, viz: commissions, etc......... 11,488 19

Total amount of liabilities, except net eurplus..... . .. . . . .. .. .. .. . . •. $283,326 72

Net surplus........................................................ 484,510 15

Aggregate of all liabilities, including net surplus................ $767,836 87

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .............................. $429,107 50. Received for interest and dividends from all sources.. . . . . . . . . . . . . . . . . 18,613 65

Aggregate amount of income received in caiih ..................... •. $447, 721 15.

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142 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Paid for commissions or brokerage ................................. .

Salaries and other charges of officers, clerks and employees ...•..•..... Paid State, national and local taxes ................................ .

$190,579 00

99,829 95

36,318 50 12,610 50

Aggregate amount of expenditures in cash •..•••••••••• , • • • • • • • . • $:{39,3:H 9:i

V. MISCELLANEOUS.

RISKS AND PREMIUllS,

In force December 31, 1881 .................... ,, ..... .

Written during tho year. • ••••.••..•••.•••.•. , •••...•

Total •...•......••••.•••.••.••••••••....••••••..•• ,

Deduct those expired 1rnd terminated •..••••.•.•.•••.••.

In force at end of the year .••..•••• , ......••••••••...•

Deduct amount reinsured •.••••.•.••••.••••.•• , ••• , , , •

Net amount in force .•••.•••••.••• , ••••••••. , ••• , •

Fire risks. $1,088,881

52,667,712 -----

$53, 756,593

9,592,672 ------

$44, 163,921

11,363,382 ------

$3 2,800,539 --·---

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

!Risks taken, (fire) ............................ , ..... , ............ . ;PremJ.ums received .....•••.•••.••..••••••....•••••.••.• , ......•.• Losses paid on risks taken •••••••• , •••• , .• , . , •• , ••••.•• , .•.•• , •• , .•.

;Losses incurred in ~,faine ......................................... . .A.mount of taxes paid to the State of Maine on premiums •..••.••••••••

Premium.Y.

$23,454 64

628,267 50 ------$651,722 14

!W,605 20 ------$561,116 94

140,918 9-i ------$420,198 00 -----

$59,5,875 00

8,130 96

6, 707 72

6,707 72 28 46

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OF FOREIGN COUNTRIES.

COMMERCIAL UNION ASSURANCE COMPANY.

LONDON, J<:NGLAND.

lNCORPORA.1'ED IN 1861. COMMENCED BUSINESS IN 1861.

Capital paid up in cash, $1,250,000.

UNI'l'ED S:l'A'l'ES BRANCH.

ALFRED PELL, Manager.

OFFICE, No. 39 WA.LL STREET, NEW YORK.

I. ASSETS.

Real estate owned by the company, unincumbered........ . • • • . • • • • • • • $130, 736 96

Stocks and bonds owned by the company, market value........... .. • • 1,4.93,385 00

Cash in the company's principal office and in bank.................... 268,222 14.

Interest due and accrued.. . • • • • . • • • • • • • . • • • . • • • • • • • • • • • • • • • • • • • . • • • 8, 183 28

Premiums in due course of collection ...••••••.•.•••..••.•.••.• , •. , . Other assets ..•....•••..•.••....••••.••.••.•••••••••••.•.•.•••.•••

257,707 91

2,022 88

Aggregate of all theadmittodassets at their actual value ......... $2,160,258 17

II. LIABILITIES.

Losses unadjusted, including all reported and supposed losses . . . . . . . . . • . . . . . . • . . • . • . • • . • • . . . . . . . . . • . . • . . . . $163,533 75

Losses resisted, including interest, costs and expenses.... 16, 211 62

Net amount of unpaid losses and claims • . .. .. . . .. .. .. • • . .. . •. . • . • • • $179, 745 37 Amount required to safely reinsure all outstanding risks.. • . .. . • .. . . . • 1,061, 779 13 All other demands against the company, viz: commissions, etc ....... . 37,543 67

Total amount of liabilities, except net surplus ....................... $1,279,068 17

Net surplus . . .••• .... .. • . • ••• . .. • .. • • . . •• . • .. • ••• .. . . • . . • • .. • .... 881,190 00

Aggregate of all liabilities, including not 1mrplus .•..••...•••.••. $2, 160, 258 17 ------

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .............................. $1,593,943 6:~

Received for interest and dividends from all sources.............. • • .. 55,443 77

Income from rents •.•••..•••••••••..•••••....•••••..•.••.••.•.• , • • • 6, 294 24.

Aggregate amount of income received in cash ................... $1,655,681 6_4

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144 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (firti) ................................... $1,010,535 32 Paid for commissions or brokerage., ............................ , • . • 275,012 46

Salaries and other chltrges of officers, clerks and employees............ 91,781 31 Paid State, national and local taxes................. . .. • .. .. • . .. .. .. 31,356 55 All other expenditures, viz: general expenses ...•••••••••••••••••••• 106,733 42

Aggregate amount of expenditures in cash •..•...•••••.•••.••••. $1,515,419 06

V. MISCELLANEOUS.

RISKS AND PREMIUMS. Fire risks. Premiums.

In force December 31, 1881 ............................ $201,262,080 $1,808,553 21 Written during the year................ .. • . .. .. .. .. • . .. 269,597, 720 2,084,427 46

'rotal ................................................. $4 70,859,800 $3,892,980 67 Deduct those expired and terminated.... . • .. .. . . .. .. • .. • 233,533,810 1,654,430 83

In force at end of the year ............................. $237,325,990$2,238,549 84 Deduct amount reinsured..... ................... .... .... 17,950,103 194,742 67

Net amount in force ................................ $219,375,887 $2,043,807 17

BUSINESS I.!f THE STATE OF .M'.AINE DURING THE YEAR,

Risks taken, (fire) ...... ~ ......................................... $1,279,077 00 Premiums received.... • • • • • • • • • . • . • . • . . • • • • • • • • • • • • • • • . . • • • • . • • • . • 18,383 87 Losses paid on risks taken ................................. , .. • • . .. • 14, 739 23 Losses incurred in Maine... .. .. .. • . .. .. .. • . .. .. .. . . .. .. .. .. .. . • . .. • 14, 759 23 Amount, of taxes paid to the State of Maine on premiums .• , ••..•.. , • . • 72 89

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OF FOREIGN COU~TRIES. 145

FIRE INSURANCE ASSOCIATION.

LONDON, ENGLAND.

INCORPORATED IN 1880. COMMENCED BUSINESS IN 1880,

Capital paid up in cash, $1,000,000.

UNI'fED S'fA.'l']~S BRA.NCH.

JOSEPH H. WELLMAN, Manager.

OFFICE No. 52 WILLIAM STREET, NEW YORK,

I. ASSETS.

Stocks and bonds owned by the company, market value'....... •• . . .• • • $752,260 50 Cash in the company's principal office and in bank.... . . . . . . . • . • . . . . • • 130,885 49 Premiums in due course of collection................................ 63, 749 35

Aggregate of all the admitted assets at their actual value. . . . • . . . . $946,895 34,

II. LIABILITIES. Losses adjusted and unpaid.... . . . . . • • • . . . . .. .. . . . . • . • • $33,487 35 Losses unadjusted, including all reported and supposed

losses. . . • • . . . . . • • • . . . . . • • • • • • • • • . . • . . . . • • • • . • • • • • • • 48, 299 65 Losses resisted, including interest, costs and expenses.... 11,350 00

Gross amount of claims for losses... . . • • . • • • . • • • . . • • $93, 13 7 00 Deduct reinsurance and salvage........ • . . • • • • • .. • • 9,244 64

Net amount of unpaid losses and claims..... •• . • . .. • . . • . .. . . • . .. •• • • $83,892 36 Amount required to safely reinsure all outstanding risks.. . • • • . • • • . • • . 395,438 14 All other demands against the company, viz: commissions, etc .•• , . ... • 17,829 21

Total amount of liabilities, except net surplus.... • .. • .. • • • . . • • • • • • • .. $497, 159 71 Net surplus... • • • • • • • • • • • • • • • • • • • • • • . • . • • • . . • • . • • • • . . . • • • • . . . . . . . • 449, 735 63

Aggregate of all liabilities, including st.ock and net surplus... . • • . $946,895 34

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .............................. $804,155 64 Received for interest and dividends from all sources • • • • • . . • . • • • • • • • • • 23, 796 52

Aggregate amount of income received in cash·.... .. .. .. •• .. .. •• • • $827,952 16

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146 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire)................................... $503,992 12

Paid for commissions or brokerage.. . . . . . • . . • . • . . • • . . . . . • . . . • . • . . • . . 106,922 65

Salaries and other charges of officers, clerks and employees.... • . . . . . . • 55, 253 'i2

Paid State, national and local taxes,....................... ••• . . . . • 11,227 87

All other expenditures, viz: general expenses.... . . • • . • • . • • • • • • . . . . . • 63,942 fi6

Aggregate amount of expenditures in cash....... • . • • . . • • .. . . . . . . $741,338 H2

V. MISCELLANEOUS.

RISKS AND PRElllUl[S.

In force December 31, 1881 ...••••...•.••.•.••••••••••

Written during the year ....•.......•.••..••••.....•••

Total ...•...•.........•..•..•.•..••.........••.••••

Deduct those expired and termin[tted ..••.•.•••..••....

In force at end of the year •••.•••••••••••••••.•....•• Deduct amount re insured .••••••.•....•••••.••••••••••

Net amount in force ............................ .

Fire risks.

$34, 779, 757

90,458,871 ------$125,238,628

64,966,220 ------

$60, 272,408

2,520,065 ------

$57, 752,343 -----~

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Premiums.

$438,884 60

949,406 08 -----

$1,388,290 f.18

603,416 ~!9 ------

$784,874 29

40,181 22 ----

$744,693 07

Risks taken, (fire) ................................................ $1,497,655 00 :Premiums received.... . • • • • • • • . . . . • . • • . . • • . • . • • . • • . .. . . • . • . • • • • • . • 18,544 92

Losses paid on risks taken......... • . • . • • • . . • • . •• • • •• . . . . • • .• • • • . • • 8,974 47

Losses incurred in Maine... . • • • . • • • . • . • . ....••...•••••••••..•..•••

Amount of taxes paid to the State of Maine on premiums •••••..••.•.. 13,365 57

191 41

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OF FOREIGN COUNT.KIES. 147

GUARDIAN FIRE AND LIFE ASS-CRANCE COMPANY.

LONDON, ENGT,AND.

INCORPORATED IN 1821. COMMENCED BUSINESS IN 1821.

Capital paid up in cash, $5,000,000.

UNITED STATES BRANCH.

H. E. BOWERS, Manager.

OFFICE, No. 54 WILLIAM STn~:ET, NEW YORK.

I. ASSETS.

Stocks and bonds owned by the company, market value ....•••••.••.•. Cash in the company's principal office and in bank ......•...•.••••.•••

Interest due and accrued .•...••.••••••...••••••....••••••••.••.•.•

.Premiums in due course of collection •....••.....••••••.••••....•...

$938,750 00 85,945 88

6,833 33

65,384 93

Aggregate of all the admitted assets at their actual value •••••.••. $1,096,914 14 -----

II. LIABILITIES.

Net amount of unpaid losses and claims, (unadjusted)..... • • • • . . • • . • . . $33,975 78 Amount required to safely reinsure all outstanding riski........... .. . . 316,366 65 All other demands against the compa.ny, viz: commissions, etc..... . . • . 15, 769 85

Total amount of liabilities, except net surplus .........•....•....•... Net surplus . . ••.••••.•••........••.....•.......•..•.••....••.•..

$366, 112 28 730,801 86

Aggregate of all liabilities, including net surplus ..••••••••.•..••. $1,096,914 H -----·-

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) . . •• . • . . . . . • • •• • • •• • • •• •• •• • • $504,711 22

Received for interest and dividends from all sources ...•••.•.•.•••..• , 34,566 82

Aggregate amount of income received in cash • . . • . • • . • . . • . • • • • . • $539, 278 04

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148 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ••.•.••....••••..•...•......•.•.•.•

Paid for commissions or brokerage .........•..••..•....•............

Salaries and other charges of officers, clerks i1,nd employees .•...••......

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ......•.....•••.......•

$289,24 7 2L

102,0)7 55

40,038 43

)3,650 {i4

32,819 78

Aggregate amount of expenditures in cash...................... $477,773 56

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

.Fire risks. Premium.f,

In force December 31, 1881. ...... , ................. .. $52,597,343 $501, 785 50

Written during the year •...•.....•......•...•.....•. 69,16],828 576,567 92 ------ -------

Total ..........•••..........•..•••••.•.•••..••...•. $121,759, 171 $1,078,353 42

Deduct those expired and terminated ....••..•.........

In force at end of the year ...••••.•.••••• , •.••••.••••

Deduct amount reinsured ...............••............

Net amount in force .... , ................•.......

61,198,689 -----

$60,560,482

782,483 ----

$59,777 ,999

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ....

Premiums received .•.••..........•..•...••.•••••....•...•.••.... , .

Losses paid on risks taken. , ...............••••••••...•.....•.•... , ..

Losses incurred in Maine.. . ..........•.•..........................

482,841 60 -------

$595,511 82

5,670 20 -----

$589,841 ti2

$585,450 00

5, 795 62

6,431 12

6,431 12

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OF FOREIGN COUNTRIES. 14£1

HAMBURG-BREMEN FIRE INSURANCE COMPANY.

HAMBURG, GERMANY.

INCORPORATED IN 18H. COMMENCED BUSINESS IN 1855.

Capital paid up in cash, $300,000.

UNITED S'f A'fES BRANCH.

F. 0. AFFELD, Manager.

o.'FICE, No 64 CEDAR STREET, NEW YORK.

I. ASSETS.

Loans on bond and mortgage, (first liens) ........................... .

Stocks and bonds owned by the company, market value .•.. ,, .•.....•••

Loans secured by collaterals ...•......•....•........•..•..•....•...•

Cash in company's principal office :rnd in bank •....•••••••• , ...•...•

Premiums in due course of collection .................. , ............ . Bills receivable, not matured, taken for risks ..••....••••.•• , ..•••...

$23,000 00

834,542 50

50,000 00

41,933 55

27,182 77

1,940 69

Aggregate of all the admitted assets at their actual value......... $978,599 51

IL LIABILITIES. Losses adjusted and unpaid.... . • . . . . . . .. . . . . . . . . .. . .. . $17 ,690 00

Losses unadjusted, including all reported and supposed losses. . .......••.•.....•......••........•.... , , •••

Losses resisted, including interest, costs and expenses .•••

24,502 00 9,061 00

Gross amount of cl!lims for lMses .•........•.. , . . . . $51, 253 00 Deduct reinsurance and salvage........ . . . . . . . . . • . • 1,000 00

Net amount of unpaid losses and claims.............................. $50,253 00

Amount required to safely reinsure all outstanding risks .. , . .. .. .. • .. • 355, 751 65

Total amount of liabilities, except net surplus.... . . . . • . . . . . . . . . . • . . . . $406,004 65

Net surplus . . . .. • . . • . . . . . . • . . .. • . . . . . •• .. .. .. .. • • .. .. .. .. . .. • .. .. 572,594 86

Aggregrrte of all liabilities, including net surplus.,, .....•.••.••. , $978,599 51

III. INCOME DURING THE YEAR. Net cash received for premiums, (fire).......... . . . •• . . •.•. .••. •••• $655,356 00

Received for interest and dividends from all sources.. . . • . • • • • . • • . • • . • 36,815 75

Aggregate amount of income received in cash.... . . • . • • • . . . . . • • . . $692, 171 75 -----

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150 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Paid tor commissions or brokerage ........•.......•..•.•......•..•.•

Salaries and other charges of officers, clerks and employees ..••...•.•••

Paid State, national and local taxes ................................ . All other expenditures, viz: general expenses ......•...•...•...•...••

$453,197 04

142.9:i6 14 2,'J,530 16

14,891 10 32,378 70

Aggregate amount of expenditures in cash........... . . • • . . . . . . . • $668,933 14

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Prem1un,s.

In force December 31, 1881..... •. .. .. .• .. •• •• •••• •• •• $51,349,181 $599,412 51 Written during the year.............................. 71,260,800 775,968 32

Total .............................................. $122,609,981 $1,375,380 83

Deduct those expired and terminated .•...•.•••.•.••••• G4, 749,577 685,531 17

In force at end of the year....... .. . • . . .. . . .. • .. • • . . . $57,860,404 $689,849 66

Deduct amount reinsured..... .. • • .. • • . • • . • • • . •• • • • • . . 565,859 5,543 lO

Net amount in force..................... .. • . .. • • $57,294,545 $684,306 1i6 ----------·-·------ - ------

BUSINESS IN TilE STATE OF .MAINE DURING THE YEAR,

Risks taken, (fire) .•••.•••..•..•.. , •.••.••.....••. , .....••.•••.••. Premiums received ..••••••.•....•.......••.•••.••...•...•......... Los~es paid on risks taken ......................................... . Losses incurred in Maine ....•.•.•.•.••.....•.••.•...•••••••.......•

$159,350 00 1,301 57 2, 770 45

770 4[)

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OF FOREIGN COUNTRIES. 151

IMPERIAL FIRE INSURANCE COMPANY.

LONDON, ENGLAND.

INCORPORATED IN 1803. CO!lMENCED BUSINESS IN 18tl3.

Capital paid up in cash, $3,500,000.

UNI'fED STATES BRANCH.

RICHARD D. ALLIGEH., Manager.

OFFICE, No. 33 PINE STREET, NEW YoRK.

I. ASSETS.

Real estate owned by the company, unincumbered $250,000 00

Stocks and bonds owned by the company, market value............... 8-'>3,066 80 Cash in the company's principal office and in bank . . . .. . .. • . . .. . .. . • 2,437 12

Premiums in due course of collection........ . . . .. .. .. . . .. . . .. . . .. .. 120,374 89 Rents............................................................ 3,741 67

Aggregate of all the admitted assets at their actual value ......... $1,229,620 48 ·

II. LIABILITIES. Losses adjusted and unpaid ........................... . Losses unadjusted, including all reported and supposed

losses .••.•••••••.••.•••..••..•..•• , .••..•.•......•• Losses resisted, including interest, costs and expenses .•••

$3,540 65

32,487 18 8,&33 88

Gross amount of claims for losses................... $44,961 71 Deduct reinsurauce and salvage........ .. .. .. • . . • .. 2,600 00

Net amount of unpaid losses and c!aims ............................. . Amount required to safely reinsure all outstanding risks. • •••...•.••• All other demands against the company, viz: commissions, etc ........

$42,361 71 407,966 10

19,000 33

Total amount of liabilities, except net surplus... . • • • • • • • . • . • • • • • . • . • $469,328 14

Net surplus...................................................... 760,292 34

Aggregate of all liabilities, including net surplus •••...•••.•••..•. $1,229,620 48

III. INCOME DURING THE YEAR •

.Net cash received for premiums, (fire) ..................... ~........ $647,278 26 Received for interest and dividends from all sources .....•••••• , • . • • • • 29,366 30 Income from rents..................... ... • .. .. . • .. .. .. .. .. .. .. ... • 21,275 00

Aggregate amount of income received in cash........ • • • • • • • • • • • • $697,919 56

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152 INSURANCE COMPANIES

IV. EXPENDITURE:, DURING THE YEAR,

Net amount paid for losses, (fire) •..•••.•••...•••••••.••••••••••.•••

Paid for commissions or brokerage ..••••••••..•..•••..•.•.•••.••..••

Salaries and other charges of officers, clerks and employees .•••••...•••

Paid State, national and local taxes ...•.••••.••.••••.....•••••••.•••

All other expenditures, viz: general expenses ....................... .

$418,638 40

113,561 H2

57,377 64

17,842 60

9,135 fi3

Aggregate amount of expenditures in cash... • . • • • • • • • • • • . • • • • • • • $616,556 09

V. MISCELLANEOUS.

RISKS .AND PREMIU:US,

Fire risks. Premiums.

In force December 31, 1881... •. •• .. • . •. • . •• • • •• • . •• •• $49,318,216 $557,857 32

Written during the year •.•••..••..•••• , • .. • • • • • • • • • • 75,045,429 803,485 12

Total. .............................................. $124,363,645 $1,361,342 44

Deduct those expired and termiMted...... •. •• .• • . •• •• 57,064,441 572,626 37

In force at end of the year............ •• • • •• .. •• • • •• • • $67,299,204 $788, 716 07

Deduct amount re insured . • • • • . • • . • • • .. • • . • • . . • .. • • • • 517,445 6, 776 53

Net amount in force............................. $66,781,759 $781,939 54

BUSINESS IN THE ST.A.TE OF MAINE DURING THE YEAR.

Risks taken, (fire) ................................................ $1,847,110 00 Premiums received ..•.....•••...•.....••••.•••.••..•••••••.••.•..

Losses paid on risks taken .•.••..•.•.•••.•.•••••••••••••••••••••.••• Losses incurred in Maine ...•••.•..•..••••••••••.•.••.••••••••.•••.• Amount of taxes paid to the State of Maine on premiums.. . .......... .

24,156 50

16,425 00 12,430 35

154 63 ---------- --

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OF FOREIGN COUNTRIES. 153

LA CONFIANCE FIRE INSURANCE COMPANY.

PARIS, FRANCE.

INCORPORATED IN ]SH. ComrnNCED BUSINESS IN 184.4.

Capital paid up in cash, $800,000.

U:NTI'ED STATES BRANCH.

MUNROE & MULVILLE, Managers.

OFFICE N 0, 155, BROADWAY, NEW YORK.

I. AS8ETS.

Stocks and bonds owned by the company, market value.,.............. $537, 750 00

Cash in the company's principal office and in bank... . . . . • . • . . . . • . . • • 133,634 62

Premiums in due course of collection ................ ,,.. .. .. .. .. .. .. 43,674 92

Aggregate of all the admitted assets at their actual value......... $715,059 1>4

II. LIABILITIES.

Losses adjusted and unpaid.... .. .. . . . • . . .. . . • . .. . . • . . . $36,848 36

Losses unadjusted, including all reported and supposed losses ••.••.•••.•••..•.••••••••• , ••..••. , ••.• , , , , , •

Losses resisted, including interest, costs and expenses .••. 50,022 16

4,150 00

Gross amount of claims for losses................... $91,020 52

Deduct reinsurance and salvage.................... 5,553 75

----~-

Net amount of unpaid losses and claims...... . . . . • .. . .. • . . • • • .. . . .. • • $85,466 77 Amount required to safely reinsure all outstanding risks.............. 347,840 97

Total amount of liabilities, except net surplus... . • • • . • • . . . . • . • . • • • • • $433,307 i 4 Net surplus...................................................... 281,751 80

Aggregate of all liabilities, including net surplus.... .. . . . . . . . • . • $715,059 54

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $686,314 08

Received for interest and dividends from all sources................... 28,220 47

Received from Home Office......................................... 70,933 51

Aggregate amount of income received in cash ..••••••....••••.•.• $785,468 06

13

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154 INSURAN"CE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

li!et amount paid for losses, (fire) •..•••••••••••••.•••.••••••••••.••• Paid for commissions or brokerage ..••••••••••••••••.•••.••••••••••• Salaries and other charges of officers, clerks and employees .•••••••.••• Paid State, national and local taxes ..•••.•••••••.•••..•••.•••••••••• All other expenditures, viz: general expenses ...••.•••..•....••••••••

$563,516 46 197,682 17 18,940 68 7,101 75

15,908 37

Aggregate amount of expenditures in cash • . . • • • • • • • •• • • • • • • • . •• $803,149 43

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

In force December 31, 1881.... •• • • •••• •• •• .... .... .... $67,722,175 $767,233 56 Written during the year ............................ , • 96,926,085 942,388 76

Total . . . • • • • • • • • • • • • • • • • • • . • • • • • . • . . • • • • • • • • • • • • . • • • $164,648,260 $1, 709,622 32 Deduct those expired and terminated .•••••• , • , ••.••.•• , 74,638,877 884,442 21.

In force at end of the year .. , • •• • • • • • • • . • • • • . • .. • • •• • • $90,009,383 $825,180 11 Deduct amount reinsured., . • • . • • • • . . • • ••••••••••••••• 14,878,446 155,672 35

Net amount in force.......................... •• •• $75,130,937 $669,507 76

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) . . . . . • • • . • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • • • . . • $129,495 00 Premiums received ..•.••••••••...• , •. , .•••.••.•• ,,, •••• , •.••••• ,.. 1,268 83 Losses incurred in Maine ...••••••••••••.•••..••••••••••••••••.•••• , 352 85

Amount of taxes.paid to the State of Maine on premiums •••••••••••••• ____ 2_5_3_8

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OF FOREIGN COUNTRIES. 155

LANCASHIRE INSURANCE COMPANY.

MANCHESTER, ENGLAND.

INCORPORATED IN 1852. COMMENCED BUSINESS Ui 1852.

Capital paid up in cash, $1,350,000.

UNI'rED S'rA'fES BRANCH.

AUG. N. CURRIER, New England Manager.

OFFICE, WORCESTER., MAS&.

I. ASSETS.

Stocks and bonds owned by the company, market value .•..•••••• H •••• $-1,362,44175-, Cash in company's principal office and in bank....................... 32, 723 35 Premiums in due course of collection............ • • • • • • • • • • • • • • • • . • • • 52,327 48

Aggregate of all the admitted assets at their actual value •...••••• $1,447,492. 58·

II. LIABILITIES. Losses adjusted and unpaid............................ $31,207 74· Losses unadjusted, including all reported and supposed

losses...... . . . . . • . • • • • • • • • . . • • • • . • • . . . . • . . • • • • • . • • • 48, 197 11 Losses resisted, including interest, costs and expenses.. • • 38, 211 01

Net amount of unpaid losses and claims .•..•.•••••••.•.••••••••••••• Amount required to safely reinsure all outstanding risks .••••••••••••• All other demands against the company, viz: commissions, etc ••••••••

$117,615 86;

633,331 37 25,686 36,

Total amount of liabilities, except net surplus....................... $776,633 59

Net surplus ... , ••.•••••• , • • • • • • • • . . • • • • • • • • • • • • • • • • • • • . . • • • • • • •• • • 670,858 99

Aggregate of all liabilities, including net surplus •...••.••••••••• $1,447,492 58.

III. INCOME DURING THE YEAR,

Net cash received for premiums, (fire) ............................... $1,048,(63 40,

Received for interest and dividends from all sources...... • • . • • • • • • • • • 50,819 23

Aggregate amount of income received in cash ..••••••.••••••••••• $1,099, 282 63

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156 INSURANCE COMP .\NIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .....•••.••..••.•..•.......•...•••• Paid for commissions or brokerage ...•••.•••.•••••.•••••..•...•...••

Salaries and other charges of officers, clerks and employees .•••.••....• Paid State, national and local taxes .....•••••••••..•.•••..•....•.•••

$723,450 76 171, 180 37

140,360 57 27,540 09

Aggregate amount of expenditures in cash •..••••.•••.•.....•..•• $1,062,531 79

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risl.s. Premiums. In force December 31, 1881............... •• •. •• •• •••• $99,490,833 $1, 107,654 76 Written during the year.............................. 121,872,382 1,240,385 17

Total. .............................................. $221,363,215 $~.348,039 93 Deduct those expired and terminated.................. 106,211,697 1,065,201 90

In force at end of the year ............................ $116,151,518 $1,282,838 03 Deduct amount reinsured • . . . . . • . . . . . . . . • . . • • . • • • . . . . 2,520,989 28,802 69

Net amount in force .................................. $113,630,529 $1,254,035 34

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) .............................................. . Premiums received ............................................... . Losses paid on risks taken .••••.••••.•••.•.•••••••••••••••....•.•••• Losses incurred in Maine .......................................... . Amount of taxes paid to the State of Maine on premiums •••.....••••.•

$625,124 00 8, 702 15 5,014 82 4,362 60

73 75 ----------

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OF FOREIGN COUNTRIES. 157

LION FIRE INSURANCE COMPANY.

LONDON, ENGLAND.

INCORPORATED IN 1879. COMMENCED BUSINESS IN 1879.

Capital paid up in cash, $1,000,000.

UNITED S'l'A'l'ES BRANCH.

M. BENNETT, ,TR , Manager.

OFFICE, No. 64 PEARL STREET, HARTFORD, CONN.

I. ASSETS.

Loans on bond and mortgage, (first liens) .......................... .. Stocks and bonds owned by tho company, market value ............. .. Loans secured by collaterals .•..•....••..•••....•..•.•..•• , •••••.••• Cash in company's principal office and in bank ........••••.•••• , ••••• Premiums in due course of collection .......... , ...•..•••.•••.••• , •••

$62,100 00 480,000 00

86,400 00 58,475 24

61, 785 69

Aggregate of all the admitted assets at their actual value......... $748,760 93

II. LIABILITIEo. Losses adjusted and unpaid ........................... . $9,861 46 Losses unadjusted, including all reported and suppt>sed

losses ...••.....•••••••..••.•..•.••••••• : • ••.•. , ••• , 10,000 00

Net amount of unpaid losses and claims............................. $19,861 46 Amount required to safely reinsure all outstanding risks .......... .,.. 180,319 58

Total amount of liabilities, except net surplus • . . . • • . • • . . • • • • • • • • • • • • $200,181 04 Net surplus •....•.••••••••......•..•••.••.•••. , •••••••.•••• , ••• , • • 548,579 89

Aggregate of all liabilities, including net surplus................ $748, 760 93

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ................. , ........... .

Received for interest and dividends from all sources .••••••••••••••••• Received from Home Office •.••••••..•••••••••••••••••••••••••••••••

$402,083 88

21,175 04 87,102 27

Aggregate amount of income received in cash................ •• .. $510,361 19

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158 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •..•.••••••.•••..•.••••.•.•..••..•. Paid for commissions or brokerage ...•.•.•....•••••••.••.•..••••••••

Salaries and other charges of officers, clerks and employees .•••.•.••••• Paid State, national and local taxes ................................ . All other expenditures, viz: general expenses .•••••••.••••••••.••.•••

$286,661 55 58,066 79

30,035 29 12,919 36 41, 736 69

Aggregate amount of expenditures in cash....... • • • • • • • • • • • • • • • • $429,419 68

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

In force December 31, 1881. .......................... . Written during the year ••••••••••••••••••••••••••••••

Total •..•••••••.••••••••••••••••••••..••••••••••••• Deduct those expired and terminated •.•••••.•••••••••••

In force at end of the year •••••••••••••...••••••••••••

Deduct amount reinsured •••••••••••••••••••••••••••••

Net amount in force ••••••••••••••••••••••••••••••

.Fire risks.

$31, 173, 701 60,946,853

----$92,120,554

47,589,680 ------

$44,530,87 4

9,892,992 ------

$34,63 7 ,882 ----

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Premiums.

$325,632 36 586,172 84 -----$911,805 20

468,232 63 -----$443,572 57

95,225 11 ------$348,347 46

Risks taken, (fire)............ • • • • . • • • . . • • . • • • . • . • • • • • . • • . • • • • • . . • $108,965 00 Premiums received ....•••••.••••••..•••..•..•.•.••.••••••••••••••• Amount of taxes paid to the State of Maine on premiums ••.•••••••••••

1,164 91 23 29

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OF FOREIGN COU~TRIES. 159

LIVERPOOL AND LONDON AND GLOBE INSURANCE CO.

LIVERPOOL, ENGLAND.

INCORPORATED IN 1836. COMMENCED BUSINESS IN 1836.

Capital paid up in cash, $1,228,200.

UNITED STA'l'ES BRANCH.

JAMES E, PULSFORD, Manager.

OFFICE No. 45 WILLIAM STREET, NEW YORK,

I. ASSETS.

Real estate own,:id by the company, unincumbered .................... $1,047,741 92 Loans on bond and mortgage, (first liens)........ . . • • . • • • • . • • •• • . • • • • 1,115,843 57 Stocks and bonds owned by the company, market value ............... 2,185,165 00 Cash in the company's principal office and in ba.nk.... . . . • . • • • • • • • • • • • 784,646 77 Interest due and accrued . . • • . • . • • . . . • • . • • • • . . • • . • • • . . • . . • • • • • . • . . • 29,682 62 Premiums in due course of collection........................ • • • • • . . • 322,394 43 Other assets, rents, &c. . . • . • • • • . . • • • • • • .. • • • • • • • • • . • .. • • • • • • • • • . • • • 29,488 50

Aggregate of all the admitted assets at their actual value .......... $5,514,962 81

II. LIABILITIES.

Losses adjusted and unpaid............................ $16,212 70 Losses unadjusted, including all reported and supposed

losses.. • • . • . . • . • • • • . . • • • • • • • • • • .. • • . • . . • • • . . • . . . • • • 339,414 81 Losses resisted, including int.erest, costs and expenses.... 60,014 10

Gross amount of claims for losses ....••••••••.••..•. Deduct reinsurance and salvage ................... .

$415,641 61 58,207 58

---------.

Net amount of unpaid losses and claims..... . . • . . • . • . . . . . .. • • • • • •• • • $357,434 03 Amount required to safely reinsure all outstanding risks .............. 2,121,831 60 All other demands against the company, viz: perpetual poiicies, life

department, etc..... • • • • . • • • • . . • . . • . • • • • • • • • . • • • . • • • • . • . • • • • • • • • 489,312 06

Total amount of liabilities, except net surplus .•..•••••••••••••••••••• $2,968,577 69 Net surplus ....................................................... 2,546,385 12

.Aggregate of all liabilities, including net surplus ................. $~~~196~- 81

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160 INSURANCE COMPANIES

III. INCO:\IE DURING THE YEAR.

Net cash received for premiums, (fire) ............................... $3,1]5,165 46

Received for interest :ind dividends from all sources.................. 134,296 83

Income fron1 rents. . • • • . . . . . • . . . . • . ..........•...........•...•. , .. 61,343 70

Aggregate amount of income received in cash ..•.......••...•.... $3,310,805 99

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................... $2,030, 764 39

Paid for commissions or brokerage.. . . . . .. . . . . . . • .. . .. .. .. . . . • .. .. .. 551,487 60

Salaries and other charges of officers, clerks and employees ......•..•.•

Paid State, national and local taxes, ............................. ..

All other expenditures, viz: general expenses .•....•...•..•••••.. , •••

155,839 01

58,031 02

165,665 42

Aggregate amount of expenditures in cash ....................... $2,961, 787 44

V. MISCELLANEOUS.

RISKS .A.ND PREMIUMS.

Fire risks. Premiums.

In force December 31, 1881. ........................ .. $449,866,889 $3,930,877 23 Written during the year ............................ .. 475,949,435 3,778,298 44

----- ----Total ...........................•.................. $925,816,324 $7,709, 175 67 Deduct those expired and terminated ................. . 429,654,497 3,316,040 98

------ ------In force at end of the year ........................... $496,161,827 $4,393,134 69 Deduct amount reinsured .•.•.........•.••..••.•••.••• 24-,338, 775 209,833 93

Net amount in force ............................. $471,823,052 $4,183,300 76

BUSINESS IN THE ST.A.TE OF MAINE DURING THE YEAR.

Risks taken, (fire) ................................................ $2,795,183 00

Premiums received........ . . • . . . . . . . . . . . . . . • . • • • • • • • • . . . • . • • • • • • . • 32,548 73

Losses paid on risks taken . .. .. . .. . . • • . . • • • . • .. • . • • . • • • • . . • . • • • • • • • 20,200 60

Losses incurred in Maine.. . . • • • . • • • . . . . . •..•.•..••••••.•••..•.••••

Amount of taxes paid to the State of Maine on premiums., ..•.•.•.... 13,452 17

246 96

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OF FOREIGN COUNTRIES. 161

LONDON AND LANCASHIRE FIRE INSURANCE CO.

LIVERPOOL, ENGLAND.

INCORPORATED IN 1861. CoMm;NcED BUSINESS IN 1861.

Capital paid up in cash, $773,750.

UNITED STA'l'ES BRANCH.

SCULL AND BRADLEY, Managers.

OFFICE, No. 58 DEVONSHIRE STREET, BOSTON, MASS,

I. ASSETS.

Stocks and bonds owned by the company, market value ................ $1,177,787 00

Cash in compfi'ny's principal office and in bank.,..... . .. .. • . .. .. .. . • 22,368 17 Interest and rents due and accrued . . . .. .. .. . .. • .. .. .. .. • .. . .. .. .. 582 92

Premiums in due course of collection.... . • . . . . . . • • . . . • • • •.••...•..• 84, 757 77

Aggregate of all the admitted assets at their actual value ......... $1,285,495 86

II. LIABILITIES.

Losses adjusted and unpaid .......................... .. Losses unadjusted, including all reported and supposed

losses. • ..••••.•••••.• , .•........•••.•.•• , , ••• , , , , • Losses resisted, including interest, costs and expenses ..••

$6,602 ]5

66,863 33 18,250 00

Net amount of unpaid losses and claims.. . .. . . .. • .. .. .. . . .. .. . . .. .. .. $91, 715 48 Amount required to safely reinsure all outstanding risks.............. 577,337 04 All other demands against the company, viz: commissions, etc .. • • . . . . 27,608 64

Total amount of liabilities, except net surplus.... . . • . • • • . . . • . . • • . • . . • $696,661 16 Net surplus.............. .. .. .. .. ... . •. .. .. .. .. • • ... . .. .. .. .. .. .. 588,834 70

Aggregate of all liabilities, including net surplus ................. $1,285,495 86

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................... $1,023,855 24 Received for interest and dividends from all sources.................. 37,299 58

Income from rents ............................................... .. 2,662 52

Aggregate amount of income received in cash ••.•.••.••••.••.•.•. $1,063,817 34

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162 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •..••.•••••..•••....••••..••••...••

Paid for commissions or brokerage ••••••.••••.••••.••••••••••••••••• Salaries and other charges of officers, clerks and employees •••••••••••• Paid State, national and local taxes •.•••• , , •••••••••••••••••••• , •••• All other expenditures, viz: general expenses .•••••••••••••••••••••••

$634,188 24

186,351 66 45,909 45

22,651 77 63,178 04

Aggregate amount of expenditures in cash....................... $952,279 16

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risL. Premtun,s.

In force December 31, 1881... •• .. . • • • •• .. . • .. .. • • ... • $94,144,427 $904,559 !)2 Written during the year.............................. 136,392,269 1,182,888 22

Total ............................................. , $230,536,696 $2,087,448 14

Deduct those expired and terminated., • • • • • • • • • • • • • • • • 113,349,546 955, 795 17

In force at end of the year ........................... $117,187,150 $1,131,652 97 Deduct amount reinsured... •• •• • • •• •• •. •• . .. • .... •• •• 4.346,027 39,174 85

Net amount in force ............................. $112,841,123 $1,092,418 12

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ................................................. $1,149,048 00 Premiums received .............................................. .. Losses paid on risks taken ••••••.••••••.••••••••••••.•..•.••...•.••• Losses incurred in Maine •..••••••••••••••..••••••••••.•••.•..•...••

19,295 97 8,844 82 9,376 84

209 02 Amount of taxes paid to the State of Maine on premiums •..•••.•. , .••• ====:

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OF FOREIGN COUNTRIES. 163

LONDON AND PROVINCIAL FIRE INSURANCE CO.

LONDON, ENGLAND.

INCORPORATED IN 1881. COMMENCED BUSINESS IN 1882.

Capital paid up in cash, $500,000.

UNITED STA'fES BRANCH.

JOHN C. MILLS, Manager.

OFFICE, No. 33 PINE STREET, NEW YoRK,

I. ASSETS.

Stocks and bonds owned by the company, market value....... • • • • • • • • $338,950 00 Loans secured by collaterals •..••..•.•••.•••.....•...•••.•• , . . . • • . . • 66,567 35 Cash in the company's principal office and in bank • • • • • • • • • • • • • • .. • • 3,032 29 Premiums in due course of collection.... • • • • • • .. • • . • • • . • • • • • . • • • • • • • 27, 143 67

Aggregate of all the admitted assets at their actual value......... $435,693 31

II. LIABILITIES. Losses adjusted and unpaid •••••.••.••••••.••••.••••••• Losses unadjusted, including all reported and supposed

losses .•.•••.•••.•••.•••••.••..•.•••••••••••••.•••••

$6,368 57

16,010 00

Net amount of unpaid losses and c!aims ... , • • . . .. .. . . • • • • • • • • • • • • • • • • $22,3 78 57 Amount required to safely reinsure all outstanding risks. . • • • • • • . • • • • • 185, 283 02

Total amount of liabilities, except net surplus ...................... . Net surplus ..••••••••••••••••••••••••••••••••••••••••••••••••••••

$207,661 59 228,031 72

Aggregate of all liabilities, including net surplus................ $435,693 31

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire).............................. $339,084 50

Received for interest and dividends from all sources.................. 6,994 98

Aggregate amount of income received in cash.... . • • • . • • • • • • • • • • • $346,079 48

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164 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .......•.•..•••• , , ..•.•••.••••••.•• Paid for commissions or brokerage ....•........... , ..•.....•..••....

Salaries and other charges of officers, clerks and employees .••......•.• Paid State, national and local taxes ................................ . All other expenditures, viz: general {IXpenses ..••....••••••••.•••.•.•

$95, 752 54 49,87H 89 25,050 50

6,039 16 36,445 34

Aggregate amount of expenditures in cash... • . . • • • . . • • • • • . . • • • • . $213, 167 43

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks.

Written during the year ........................... .. $41,664,057

Deduct those expired and terminated ......••....•..••. 10,119,263 ------

In force at end of the year., ..•..•....•• , •..•..•••.••• $31,544, 794 Deduct amount reinsured .••.•....•••...•.• , ..••••••. 796,73-!

------Net amount in force ........................... .. $30, 748,060

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ........................................ , ...... . Premiums received .... , .... • .. , ............... , .................. .. Losses incurred in Maine ...•................•.•...• , , • , .•. , , , ... , . , Amount of taxes paid to the State of Maine on premiums.. • .... , •..•.•

Premiums.

$432,184 56

79,361 00 -----

$352,823 56 7,719 96

------$345, 103 60

$169,070 00 2,031 62 1,000 00

40 63 ---~~-~--~---- --

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OF FOREIGN COUNTRIES. 165

LONDON ASSURANCE UORPORATION.

LONDON, ENGLAND.

INCORPORATED IN 1720. COMMENCED BUi!INESS IN 1720.

Capital paid up in cash, $2,241,375.

UNITED STATES BRANCH.

B. LOCKWOOD, Manager.

OFFICE, No. 88 WALL STREET, NEW YORK,

I. ASSETS.

Stocks and bonds owned by the company, market value •...••••.••••.. $1,314,125 00 Cash in the company's principal office and in bank........ • .. • .. .. . .. • 90,562 81 :Premiums in due course of collection • . . . . .. .. .. .. .. .. .. .. • • .. .. .. .. 37,888 06

Aggregate of all the admitted assets at their actual value, ........ $1,442,575 87

II. LIABILITIES.

Net amount of unpaid losses and claims . • . .. .. .. .. .. . .. • .. .. .. .. .. .. $78,000 00 Amount required to safely reinsure all outstanding risks.............. 592,425 56

Total amount of liabilities, except net surplus... . . . • . • • • . . • • . . . . • • . . $670,425 56 Net surplus. •.•. .... .... .... .. .. .... .. . • .... .... .... .... .... .... 772,150 31

Aggregate of all liabilities, including net surplus .... , ............ $1,442,575 87

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .. .. .. .. . ... • ... . .. .. •• .. .. .. $883,335 52

Received for interest and dividends from all sources.............. • . • • 33,451 48

Aggregate amount of income reeeived in cash................... $916,787 00 ------

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166 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire)................................... $560,71H 00

Paid for commissions or brokerage.................................. 162,069 97

Salaries and other charges of officers, clerks and employees .•..••••..•• Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses •..•••••••..•••••••••••

39,233 40

27,994 78 59,100 02

Aggregate amount of expenditures in cash.. • • • • • . • • • • • • • • • • . • • • $849, 114 17

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums. In force December 31, 1881. ........................ , • $100,185,154 $973,105 18

Written during the year ....................... , , , • • • 100,576,026 884, 771 50

Total .............................................. $200, 761,180 $1,857,876 68

Deduct those expired and terminated ..•••• ,, ..•.. , . • • • 87,932,044 713,604 98

Net amount in force ............................. $ll2,829,136 $1,144,271 70

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire), •••....• , •.•.••..••. , .•.. , , • , •• , , • , •••••• , •.. , , Premiums received .•• , , •• , , • , •• , • , ••••• , •• , •• , • , , • , •• , ••••••••.•••

Losses incurred in Maine. . , ..•••••.•.•.• , ....••• , • , .••• , ••. , •. , .••

Amount of taxes paid to the State of Maine of premiums. , • , •.. , , , ••.

$915,608 00 10,771 76 8,182 00

215 43 ~-------·----·-----

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OF FOREIGN COUNTRIES. 167

METROPOLE INSURANCE COMPANY.

PARIS, FRANCE.

INCORPORATED IN 1879, CoMMEKCED BUSINESS IN 18rn.

Capital paid up in cash, $1,000,000.

UNI'fED S'fA'fES BRANCH.

JOHN C. PAIGE, l,fanager.

OFFICE, No. 20 KILBY STREET, BOSTON, MASS.

I. ASSETS.

Stocks and bonds owned by the company, market value................ $483,957 50 Cash in the company's principal office and in bank.... • • • • • . . • • • • • . • • • 562 25

Interest due and accrued............... .. . • .. .. .. .. .. .. •. • • .. • • .. • . 4,253 75 Premiums in due course of collection • . . . . • • • . . . . • • • . . . • • • • • . • • • . . • • 54, 112 89

Due for reinsurance.. • . • • • • • • • • • • • • • . . • • . • • • • • • . • • • . . . • • . • • • • • • • • . • 993 92

Aggregate of all the admitted assets at their actual value......... $543,880 31

II. LIABILITIES.

Losses adjusted and unpaid.. .. . .. • .. .. . .. . • .. • .. .. • .. • $20,430 73 Losses unadjusted, including all reported and supposed

losses •..••....•••••••.•.•.•...•••••.•.•...••••..• , 62,498 37

Gross amount of claims for losses.................. $82,929 10 Deduct reinsurance and salvage.... . • . • • • • • . • • • • • • • 12,074 89

Net amount of unpaid losses and claims. • .. . • .. • .. .. .. .. .. • . .. .. .. .. $70,854 21 Amount required to safely reinsure all outstanding risks ....•• , . • • . • • . 220,535 79 All other demands against the company, viz: commissions, etc .. .. ... . 24,453 39

Total amount of liabilities, except net surplus....................... $315,843 39

Net surplus...................................................... 228,036 92

Aggregate of all liabilities, including net 1mrplus........ . • • • . • • . $543,880 31

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................. . Received for interest and dividends from all sources ................ ..

$481,193 66 16,744 90

Aggregate amount of income received in cash.................... $497,938 56

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16 8 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire)................................... $354,384 18

Paid for commissions or brokerage.................. . . . . . . .. . . .. .. .. 95,690 83 Salaries and other charges of officers, clerks and employees............ 35,9'..:!7 HS

Paid State, national and local taxes .................... , . .. . .. .. . .. . 17,359 !l8

Aggregate amount of expenditures in cash • . . . • . . . . • . . . . • . • • . • • • $503,362 B7

V. MISCELLANEOUS.

RISKS AND PREMimrs.

Fire risks.

In force December :-l l, 1881. ............ - ............ . $29,612,535

Written during the year ....•...•......•...........•. 53,6'31,337 ------

Total. •..•..•.......• , •....•...•..••••••.•. , , ...•.. $83,243,872

Deduct those expired and terminated ................. . 33,984, 780 ------

In force at end of the year ......................... .. $49,259,0!)2

Deduct amount reinsured .....•.••..••.•••....•..••••. 18,001,992 ------

Net amount in force .•.•..• , .••• , •••••••.•• ,.,, •• $31,257,100

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ............................................... .

Premiums received ..•...•..••••.....•.....•••..•..••••.....•.•.••• Losses paid on risks taken ...•..•....• , •....•••..•...•..••.•.•••..•• Losses incurred in Maine .. , .•••..•.•••••..•••••.•...•• , . , ..••••.•.• Amount of taxes paid to the State of Maine on premiums .•.•. , .••..•••

Premiums.

$388, 92!l 02

676,255 i',7 -------$1,065, 184 59

383,036 83 ------

$682, 14 7 rn 257,278 45

------$424,86!) 31 ---~-

$729,869 00 12, 723 13

9,428 16 16,049 H

65 90 -~------

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OF FOREIGN COUN'rRIE::3. 169

NORTH BRITISH AND MERCANTILE INSURANCE CO.

LONDON AND EDINBURGH.

INCORPORATED IN 1809. ComrnNCED BUSINESS IN 1809.

Capital paid up in cash, $2,500,000.

UNITED STATES BRANCH.

CHARLES E. WHITE, Manager.

OFFICE No. 54 WILLIAM STREET, NEW YORK,

I. ASSETS.

Stocks and bonds owned by the company, market value •••.••••••••.•. $2,945,561 00 Cash in the company's principal office and in bank........ • . • • • • • • • • • • 194,244 69 Interest due and accrued •..••••••••••••..•.••••••••.••••.•••••••.•• Premiums in due course of collection •••.•••••••..••••••••••••••••••• Other assets ..••.•••••••••••.••••..•••••••••.••.••••••••••••••.•••

14,706 lO

110,490 94 871 94

Aggregate of all the admitted assets at their actual value .•.••••••• $3,265,874 67 -·---

II. LIABILITIES.

Losses adjusted and unpaid ••••.••••• ·• • • • • • . • • . . . • . • • • $62, 148 59 • Losses unadjusted, including all reported and supposed

losses.................. .• •• . . . . .• •• ••• . .• . • •• •• . . • • 51,976 08 _Losses resisted, including interest, costs and expenses.... 38, 182 23

Net amount of unpaid losses and claims.............................. $152,306 90 Amount required to safely reinsure all outstanding risks.............. 1,098,517 68

Total amount of liabilities, except net surplus .•..••.•..••.•••••••.... $1, 250,824 58 Net surplus ....................................................... 2,015,050 09

Aggregate of all liabilities, including net surplus ................. $3,265,874 67

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................... $1,910,482 96 Received for interest and dividends from all sources....... • • • • .. . . • • ... 70,983 4 7

Aggregate amount of income received in cash •••.••••.••••••.•••• $1,981,466 43

14

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170 INSURANCE COMPANIES

IV. EXPENDI'fURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................... $1,061, 761 62 Paid for commissions or brokerage.................................. 240,615 80 Salaries and other charges of officers, clerks and employees............ 109,059 83 Paid State, national and local taxes................................. 34,885 65 All other expenditures, viz: general expenses. • . . • • . • • • • • . • • • • • • • • • • • 13 7, 693 99

Aggregate amount of expenditures in cash ........................ $1,584,016 89

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premiums.

In force December 31, 1881 ........................... $197,121,790 $1,707,968 42 Written during the year.............................. 292,412,583 2,108,936 26

Total ............................................... $489,534,373 $3,81C,904 68 Deduct those expired and terminated...... . • . • .. • • • .. • 254,574,017 1,776,850 97

In force at end of the year ........................... $234,960,356 $2,040,053 71

Net amount in force . .. .. .. .. .. .. .. .. .. • • .. .. .. • • $234,960,356 $2,040,053 71

BUSINESS In THE STATE OF MAINE DURING THE YEAR,

Risks t.aken, (fire) ................................................ $1,791,750 00 Premiums received................................................ 21,102 64 Losses paid on risks taken.......... • • . • • . . . . . • • • • • • • • • • • • . • • • • • • • • • 16,086 10 Losses incurred in Maine.. . . . . • . . • • . • . . . • • . . . • . . • • • . • . . • . • . • • . • • • • • 18,898 60 Amount of taxes paid to the State of Maine on .premiums ..•••••.••• , , , 100 33

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OF FOREIGN COUNTRIES.

NORTHERN ASSURANCE COMPANY.·

LONDON, ENGLAND.

INCORPORATED IN 1836, COMMENCED BUSINESS I~ 1836.

Capital paid up in cash, $1,500,000.

UNITED S'fA'I'ES BRANCH.

ALFRED M. BULLARU, Manager,

OFFICE No. 30, CONGRESS STREET, BOSTON,

I. ASSETS.

171

Stocks an~ bonds owned by the company, market value .......... u .... $1,108,065 OQ. Cash in company's principal office and in bank....................... 53,7<,8 31 Premiums in due course of collection.... .. • • . . • . .. . . .. .. • .. • .. • • .. • • 59,827 83;

Aggregate of all the admitted assets at their actual value •..•••.•• $1,221,601 14

II. LIABILITIES.

Losses unadjusted, including all reported and sup.posed losses.. • • • . • • • • • • • • • • • • • • • • • • • • . • • • • • • • . • • • • . • • . • • • $28, 730 51

Losses resisted, including interest, costs and expenses.... 8,933 88

Net amount of unpaid losses and claims............................. $37,664 39·

Amount required to safely reinsure all outstanding risks.............. 328,556 69 All other demands against the company, viz: commissions, etc .. .. • .. • 14,871 03.

Total amount of liabilities, except net surplus....................... $381,09.3 01 Net surplus ...••.•••••. ,,......................................... 840,508 13.

Aggl"egate of all liabilities, including net surplus •.......•••••••. $1,221,601 14

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire)............................... $546,337 51.

Received for interest and dividends from all sources...... . • • • • • ••. • • • •. 35, 229 00

Aggregate amount of income received in cash ........ ,H........ ..... $581,566 51

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172 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •..•.•••.••....••••.•••....•.•••••• Paid for commissions or brokerage ..•.••.••...•• , ••••••••••••.••.•••

Salaries and other charges of officers, clerks and employees .•••••.•.••• Paid State, national and local taxes ........•• , ••..•••••..••.•••.•• , All other expenditures, viz: general expenses •...•••••.•.•••••••..••

$392,333 97

105,840 45

39,445 27

17,303 31 15,756 01

Aggregate amount of expenditures in cash....... . • • • • • • • . • • • . • • • $570,679 01

V. MISCELLANEOUS.

RISKS A.ND PREMIUMS,

Fire risks. In force Decembe.r 31, 1881. .......................... $49,318,217

Written during the year ........... .'.............. .. .. 55,930,584

Premiums. $557,857 32

639,496 18

Total. .............................................. $105,248,791 $1,197,353 50 Deduct those expired and terminated.................. 49,562,702 5,58,562 50

In force at end of the year........................ .. .. $56,686,089 $638, 791 00

Net amount in force.................................. $56,686,089 $638,791 00

BUSINESS IN THE STA.TE OF MAINE DURING THE YEAR,

Risks taken, (fire)............................ • • • • . . • • • • • • . •.•.•• Premiums received ••••••••••••••••.•••.••.•.•••.•••.••••••. , .•...• Losses paid on risks taken .••••••••.••••••••.•••••••.••••••......... Amount of taxes paid to the State of Maine on premiums ••••••••.•.••.

$454,117 00 6,292 85

21 IS 125 43

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OF FOREIGN COUNTRIES. 173

NORTH GERMAN FIRE INSURANCE COMPANY.

HAMBURG, GERMANY.

INCORPORATED IN 1868, COMMENCED BUSINESS IN 1868.

Capital paid up in cash, $375,000.

UNITED STA'l'ES BRANCH.

J. CLAUSSEN, Manager.

OFFICE, No. 202 BROADWAY, NEW YORK,

I. ASSETS.

Stocks and bonds owned by tho company, market value....... . • . • . • • • $392,323 75 Cash in company's principal office and in bank .......•.••••.•.•• , • , , , 26,013 85

Premiums in due course of collection................................ 17,772 91

Aggregate of all the admitted assets at their actual value. • • • • . • • • $436, 110 51

II. LIABILITIES.

Losses adjusted and unpaid ...•..•.......••............ Losses unadjusted, including all reported and supp0sed

losses ...••..•..•••••.•...•••.•..•••••••••••••••••••

$3,683 00

10,815 00

Gross amount of claims for losses.................. $14,498 00 Deduct reinsurance and salvage........ .• • . • • • • • • . • 260 00

Net amount of unpaid losses and claims .. , ........ " .. .. .• .. .... .. • • $14,238 00 Amount required to safely reinsure all outstanding risks.............. 133,397 62

Total amount of liabilities, except net surplus....................... $147,635 62

Net surplus....................................................... 288,474 89

Aggregate of all liabilities, including net surplus................ $436,110 51

III. INCOME DURING THE YEAR,

Net cash received for premiums, (fire).............................. $256,331 14

Received for interest and dividends from all sources.................. 14,402 61

Aggregate amount of income received in cash.... • • • • • • • • • • • • • • • • $270, 733 75

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174 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Paid for commissions or brokerage ................................. .

Salaries and other charges of officers, clerks a:iid employees .•••..••.•.• Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses .••••••••••••••.•.••.•••

$228,056 59

50,919 58

15,402 40 8,583 71

23,263 09

Aggregate amount of expenditures in cash....................... $326,225 37

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

.Fire risks.

In force December 31, 1881. ......................... .. $22,778,212 ,v ritten during the year •.•••••.••.•••••••...•••••.••• 27,088,640

----Total ...•.••..•.••••.••••.....•.••••....•••••••..•• $49,866,852 Deduct those expired and terminated •..••••..••..•••.•. 26,079,815

------In force at end of the year ........................... . $23,787,037

Deduct amount reinsured •••••••••••••.•••••••.•.••••• 2,928,4 70 ------

Net amount in force .•••••••••••••••••..•••.••.•.• $20,858,567

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) .•..•••••••••. r ••••••••••••••••• , ••• , • • ••• ,., • • •

Premiums received ............................................... . Losses paid on risks taken •..•.••.••.•.•....•...••.....••••••..•.... Losses incurred in Maine ..••.....•.•••••••...•••••....••••..••.•.• Amount of taxes paid to the State of Maine on premiums •. , ••....•••••

Premiums .

$267,995 .U

331,439 60 -----$599,435 01

294,450 62 -----$304,984 39

37,317 30 -----$267,667 09

$168,340 00 1,528 45

305 63 305 63

24 46

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OF FOREIGN COUNTRIES. 175

NORWICH UNION FIRE INSURANCE SOCIETY.

NORWICH. ENGLAND.

INCORPORATED IN 1797. COMMENCED BUiHNESS IN 1797,

Capital paid up in cash, $660,000.

UNITED STA'l'ES BRANCH.

J. MONTGOMERY HARE, Manager.

OFFICE, No. 67 WALL STREET, NEW YORK,

I. ASSETS.

Stocks and bonds owned by the company, market value............... $851,365 00

Cash in the company's principal office and in bank.... . . . . . . • • . . • • . • • • 140,004 98

Interest due and accrued ......•...•.. , ..•.•.•••.•••••••••. , •.• , • • • • 1,481 67

Premiums in due course of collection ............................ ,,.. 17,755 95

Aggregate of all the admitted assets at their actual value ..... , .... $1,010,607 60

II. LIABILITIES.

Net amount of unpaid losses and claims ..................... ,........ $61,666 66 Amount required to safely reinsure all outstanding risks .. , ..• , .. , , . . . 293,335 80 All other demands against the company, viz: commissions, etc .. .. .. .. 1,000 00

Total amount of liabilities, except net surplus •...•.•.•••.•••.... , •. , N ct surplus . • ...••••..••..•.....•••......•.•.•....•••••...•.. , . ,

$356,002 46 654,605 14

Aggregate of all liabilities, including net surplus ................. $1,010,607 60 .

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) . . . • . . . .. . .. . • ... • •. • • .. .. •• .. $506,205 53

Received for interest and dividends from all sources.. .. .. . .. . .. .. .. .. 22,850 00 Received from Home Office......................................... 200,382 24

Aggregate amount of income received in cash .. . •• .. • .. • .. .. . . . • $729,437 77 ------

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176 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Not amount paid for losses, (fire)................................... $271,983 46 Paid for commissions or brokerage.. . • . • . . • • . • • • . • • • . . . . . • . . . . • • . . • • 79, 172 58 Salaries and other charges of officers, clerks and employees.... • • • • . . . . 45,833 10 Paid State, national and local taxes ..................... , . • • • • • • • . • • 9,248 2H All other expenditures, viz: genera.I expenses....................... 35,542 28

Aggregate amount of expenditures in cash...................... $441,779 80

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

In force December 31, 1881 •..•••••.••••••••••••••••••

Written during the year •...••.••.•.••••.••••••••••••

Total. ....•.•...••..••...••.•••.•••••••.•••••••••••• Deduct those expired and terminated ..•••••.•••.••.•••

In force at end of the year •..••••..••..•••••••••••••• Deduct amount reinsured ......................... , ..•

Net amount in force , .••.••••.••••...•••••••••.••

Fire risks.

$51,752,181 79,977,543

----$131, 729, 724

62,755,139 ------

$68,974,585 6,222,844

----$62,751,741

------------

BUSINESS IN THE STATE OF MAINE DlTRING THE YEAR.

Risks taken, (fire) . • . • . . • ...•••..•.•.•....•.•••••••••. , .•.••.••• Premiums received ..••.••••.••••••..•.•••••••••••• , ••• , , •••••.•••• Losses paid on risks taken ....•.•••••••..••• , •.••••.•...•••••..•.••• Losses incurred in Maine ..

Premiums .. $421,042 31 626,896 29

----· $1,047,938 60

452,995 51 -----

$594,943 09 38,403 67

----$556,539 42

~---------------

$103,375 00 1,472 93 1,751 58 1, 751 58

-------~-----.

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OF FOREIGN COUNTRIES. 177

PHCENIX ASSURANCE COMPANY.

LONDON, ENGLAND.

INCORPORATED IN 1782. COMMENCED BUSINESS IN 1782.

Capital paid up in cash, $359 ,594.

UNITED STATES BRANCH.

A. D. IRVING, Manager.

OFFICE, No. 67 WALL STREET, NEW YORK,

I. ASSETS.

Stooks and bonds owned by the company, market value ..••••••••••••• $1,167,162 50

Cash in the company's principal office and in bank. . .. .. .. .. .. .. .. .. 75,511 83 Interest due and accrued... . • . . . . • • • • • • . . . . • . • . • . • . • • • • . • • • . • • . . • • • 8, 280 00

Premiums in due course of collection ............................... . Cash in hands of trustees .....•.•••••••.•••••••.••• , •.••.••••••••••

73,099 33

28,892 39 , ___ _ Aggregate of all the admitted assets at their actual value ••••••••• $1,352,946 05

II. LIABILITIES.

Losses adjusted and unpaid........ .. • • • • • . . • • • . • .. • • • • $45,042 00 Losses unadjusted, including all reported and supposed

losses.............. .• • • . . • • . • . . . • • • • . • • •• • • . • . . •• • • 71,280 00 Losses resisted, including interest, costs and expenses.... 4,157 00

Gross amount of claims for losses.................. $120,479 00 Deduct reinsurance and salvage.... • • • • . . • • . • • . . • • • 8, 233 00

Net amount of unpaid losses and c!aims.......... •• . . • • • • . .. • •• • • .... $112,246 00 Amount required to safely reinsure all outstanding risks. • • • • • . • • • • • • 598, 724- 46

Total amount of liabilities, except net surplus... .. .. .. .. .. .. .. .. .. • . $710,970 46

Net surplus...................................................... 641,975 59

Aggregate of all liabilities, including net surplus ••.•••••••••.••. $1,352,946 05

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) . . • • • • .. • • .. • • .. • • .. .. .. • • •• • • $915,601 02

Received for interest and dividends from all sources.................. 29,109 71

Aggregate amount of income received in cash.... • • • • • • • • • • • • • • • • $944, 710 73

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178 INSURANCE COMPANIES

IV. EXPENDITURE::, DURING THE YEAR.

Net amount paid for losses, (fire) •...••••••..•••.•...•..•••••.••.•.• Paid for commissions or brokerage ...•••••••....••••..••••••.•.•.••• Salaries and other charges of officers, clerks and employees .•••••••.••• Paid State, national and local taxes ................................ . All other expenditures, viz: general expenses ...•..•...••••••••••.•••

$603,666 Bl

127,568 24 45,463 86

26,012 95

79,675 75

.Aggregate amount of expenditures in cash....................... $882,386 til

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

Fire risks. Premittms.

In force December 31, 1881....................... .••• $83,244-,478 $753,248 67

Written during the year . . • • • . . • . • . • • • • • • . . • • . • . • • • • • 138, 715,018 1, 172,650 98

Total. .............................................. $221,959,496 $1,925,899 65

Deduct those expired and terminated...... • • • . . • • . . • . • 89,969,572 721,220 69

In force at end of the year ............................ $131,989,924 $1,204,678 96

Deduct amount reinsured .• • • •• • . .• • • .• . • .• • . .. .. •• • • 12,990,939 88,634 31

Net amount in force ............................. $118,998,985 $1,ll6,044 65

BUSINESS IN THE ST.A.TE OF MAINE DURING THE YE.A.R.

Risks taken, (fire) ............................................... . Premiums received ...•...•••••..••.... , . , ...••...•...•.... , ..•.... Losses paid on risks taken •....•.••...............•...•.......•...• I,osses incurred in Maine ...•..••.......••...•••....••.••• , ..••. , , ••

$793, 758 00 8,921 59

10,594 00 10,594 00

------.....

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OF FOREIGN COUSTRIES. 179

QUEEN INSURANCE COMPANY.

LIVERPOOL, ENGLAND.

INCORPORATED IN 1858. COMMENCED BUSINESS IN 1858,

Capital paid up in cash, $873, 170.

UNITED S'fA1'ES BRANCH.

JAMES A. MACDONALD, Manager.

OFFICE Nos. 37 AND 39 WALL STREET, NEW YORK,

I. ASSETS.

Real estate owned by the company, unincumbered.......... •• . • • . .. .. $352,590 18

Stocks and bonds owned by the company, market value ....•• , . • • • . . • • 1,185,992 50 Cash in the company's principal office and in bank ................. ; • • 113, 136 68

Interest due and accrued . . • . . . . . . . . • • . . . • . . • . . • . • • • . • . . . . . . • . . . . . • 733 33

Premiums in due course of collection ............................... . Rents and reinsurance ..••••..•.•••.•••..••..••.•••...• , .•• , •••••.•

93,392 52 6,362 68

Aggregate of all the admitted assets at their actual value., .•••.... $1,752,207 89

II. LIABILITI.ES.

Losses unadjusted, including all reported and supposed

losses ............................................ , • $130,436 57

Losses resisted, including interest, costs and expenses.... 16, 23 2 06

Gross amount of claims for losses .•. ,....... • • • • • • • • $146,668 63 Deduct reinsurance and salvage........ .. .. .. .. .. .. 7, 734 43

Net amount of unpaid losses and claims..... . .. . .. • • . .. • . .. • .. .. •• • • $138,934 20

Amount required to safely reinsure all outstanding risks.. .. .. .. .. .. .. 776,072 42

All other demands against the company, viz: commissions, etc......... 4,076 75

Total amount of liabilities, except net surpius.......... •• • • • • . .. . •• • . $919.,083 37

Net surplus....................................................... 833,124 52

Aggregate of all liabilities, including net surplus ................. $1, 752, 20~

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180 INSURANCE COMPANIES

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) ............................... $1,190,091 58 Received for interest and dividends from all sources .•.•.•.•••.•• , • • • . 33, 193 97 Income from rents..... • . • . • . • . . . • • •.....•..••...••••••.•••.••.•.. 31,500 89

Aggregate amount of income received in cash ..•.••••••••..• , ..•. $1, 254, 786 44

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Paid for commissions or brokerage ................................ .. Salaries and other charges of officers, clerks and employees ••••..••.•••

Paid State, national and local taxes, .............................. .

All other expenditures, viz: general expenses .•..•. , ••• , .••••.••..•.•

$931,747 21 199,008 35 95,950 35

34,810 61

91,748 39

Aggregate amount of expenditures in cash ....................... $~~~

V. MISCELLANEOUS.

RISKS AND PREl\fIUMS, Fire risks. Premiums,

In force December 31, 1881. ......................... . $137,805,786 $1,422,932 !)3 Written during the year ............................. . 149,851,007 1,493, 724 73

---- ----Total ..•.•.•••••.•.•.•••••..•.••.••........•••••••. $287,656,793 $2,916,657 66 Deduct those expired and terminated ..••••••.•.•••••••. 142,611,499 1,3-!3,928 83

---- --~.--In force at end of the year ........................... $145,045,294 $1,572,728 83 Deduct amount reinsured......... .. .. .. .. .. .. .. .. .. .. 9,534, 169 98, 780 93

Net amount in force ............................. $135,511,125 $1,473,947 90

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire) ................................................ $1,181,737 00 l'remiums received ............................ ,................... 12,066 09 Losses paid on risks taken......................................... 13,111 33

Losses incurred in Maine, ..• , • • • • • • • • . • • •. , •••••..•••• , ••••.•. , , •• 16,492 00

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OF FOREIGN COUNTRIES. 181

ROYAL INSURANCE COMPANY.

LIVERPOOL. ENGLAND.

INCORPORATED IN 1845. COMMENCED BUSINESS IN 1815.

Capital paid up in cash, $1,447,725.

UNITED STA'fES BRANCH.

SCULL AND BRADLEY, Managers.

OFFICE, No. 58 DEVONSHIRE STREET, BOSTON, MASS.

I. ASSETS.

Real estate owned by the company, unincumbered •...•••••••••••••.• Stocks and bonds owned by the company, market value .•.•. , •..•.•••• Loans secured by collaterals .•.•••••.••.....•••..•••••••••••••••••••

Cash in company's principal office and in bank ••.••••••••••••••••••• Interest due and accrued... . • . • • • • • . • • • . . • . . • • . • • • • • • • • • • • • . • • • ••• Premiums in due course of collection.... . • • . • • • • • • . • • • • • •••••••.•••

All other assets .•..•••••.•••••..•..••••••..••..•••••••••••••••••••

$127,603 05 2,298,926 25

560,000 00

270,029 67 54,413 03

227,945 48 2, 729 48

Aggregate of all the admitted assets at their actual value •.•••.••. $3,541,646 96

II. LIABILITIES. Losses adjusted and unpaid .••.•••..............•.•.••• Losses unadjusted, including all reported and supposed

losses. . •.•••••••.•••••.••••••.••••..•..••••...•••• Losses resisted, including interest, costs and expenses .•••

$8,118 70

214,326 86 12,800 00

Net amount of unpaid losses and claims...... . • • • • • . . . . . • • • • . • • • • . . . • $235, 245 56 Amount required to safely reinsure all outstanding risks ..••.•••••••.• 1,581,909 70 All other demands against the company, perpetual policies, life depart-

ment. etc .....•..•.•.•••...•.•••...•.•••..••••••..•••.••••••..•• 279,457 76

Total amount of liabilities, except net surplus .•...•••••••••••••••••.. $2,096,613 02 Net surplus ...•••.••.....•••.•••••.•••.••.••• ·;.. • • • • • • • • • • • • . • • . 1,445,033 94

Aggregate of all liabilities, including net surplus •.•.••••••••.•••. $3,541,646 96

III. INCOME DURING THE YEAR.

Net cash received for premiums, {fire) .............................. $2,181,604 83 Received for interest and dividends from all sources.................. 104,221 39

Income from rents .•...••••••••••••.••.••.•...•.•••..•••••••••••••• 1,114 53

Aggregate amount of income received in cash .••• , ............... $2,286,910 75

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182 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) ................................... $1,228,402 76 Paid for commissions or brokerage...... .. • • . . . • • • • • • • • • . • • . . .. • • • • . 417, 738 11 Salaries and other charges of officers, clerks and employees .••••.••.• ,. 123,734 44

Paid State, national and local taxes................................. 43, 704 91

All other expenditures, viz: general expenses........................ 102,814 12

Aggregate amount of expenditures in cash ....................... $1,916,394 :34

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premturt.:s.

In force December 31, 1881. ........................ .. $279,071,694 $2,687,163 85

Written during the year ............................ .. 325,653,659 2,674,931 ,to ----- ----

Total ........••..•.•••....•••••...•.••.....••••.••• $604, 725,353 $5,362,095 '.2&

Deduct those expired and terminated .•.••.••••.•...•• , 263,439,210 2,149,105 i>4 ------ ------

In force at end of the year ........................... $341,286,143 $3,212,989 'il Deduct amount reinsured......... . • • • . . • • . • • • • • • • • • . • 22, 108.955 175,809 65

Net amount in force ............................. $319,177,188 $3,037,180 06

BUSINESS IN THE STATE OF MAiNE DURING THE YEAR,

Risks taken, (fire) ................................... ; ..•••••••.••. $2,835,305 00 Premiums received.... • • • • . • • • • • . . . • . . • . . • . • • • • • • • . • • • . • . • . • • • . . • • 41,308 70 LosEes paid on risks taken.......................................... 20,842 H5 Losses incurred in Maine... . . . • . • . • . . . . . . . . • . . • • • • . . . • • . . . • . . . . • . . • 20,864 11 Amount of taxes paid to the State of Maine on premiums.. . . • • . . • • . • • • 409 31

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OF FOREIGN COUNTRIES. 183

SCOTTISH UNION AND NATIONAL INSURANCE CO.

EDINBURGH, SCOTLAND.

INCORPORATED IN 1824. COMMENCED BUSINESS IN 1824,

Capital paid up in cash, $1,412,850.

UNI'fED S'rATES BRANCH.

M. BENNETT, JR., Manager.

OFFICE No. 64. PEARL STREET, HARTFORD, CONN.

I. ASSETS.

Loans on bond and mortgage, (fir~t liens) ••...•••. · ..•.•• , • • • . • • • • • • • . $286,500 00 Stocks and bonds owned by the company, market value.,...... . • • • • • . • 596,673 00 Cash in the company's principal office and in bank........ .. • . .. . . . . . • 102,651 06 Premiums in due course of collection............ . . • • .. . . • • • . • .. . .. . . 45,386 40

Aggregate of all the admitted assets at their actual value ......... $1,031,210 46 ---··---~

II. LIABILITIES.

Losses adjusted and unpaid .......................... .. $7,820 43 Losses unadjusted, including all reported and supposed

losses .••.•.••••••.••...•••••••••• , ••.•...••.... , , . , 28,000 00

Net amount of unpaid losses and claims .......... , . . . . . . . . . . • . . • • . • • • $35,820 43 Amount required to safely rein sure all outstanding risks........... • • . • 186,937 80

Total amount of liabilities, except net surplus •.....•.••••.•••.••• , • • $222, 758 23 Net surplus ....•••••••.••• ,....................................... 808,452 23

Aggregate of all liabilities, including net surplus ................ $1,031,210 46

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .. . . . • •• • . • . .. . . .. . . • • . • • . .. .. $389,041 06

Received for interest and dividends from all sources ....• , • • • • • • • • • • • • • 3.5,4 71 60

Received from Home Office . • • • • • . . . • • . • • • • • • • • • • • • • • • • • • • • . • • • • • • • • 139,832 67

Aggregate amount of income received in cash ..••••••..•.••••. , • . $564,345 33

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184 INSURAXCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

1'.let amount paid for losses, (fire)................................... $259,826 64

Paid for commissions or brokerage . . . . • . • . • • . • . . . . . • . . • . . . . . . . • . . . . • 45,930 66 Salaries and other charges of officers, clerks and employees.. • • • • • • . . . • 21,035 3 2

Paid State, national and local taxes..... • • • . • . • . . • . • . • • . • • . . • • . • • • • • 9,549 3!1,

All other expenditures, viz; general expenses.... • . . . . . • • • . . . . . • • . . • . 27 ,006 3H

Aggregate amount of expenditures in cash .. .. . • . • • . • • • • . • • • . . • • $363,348 36

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire ri.,ks. Premiums.

In force December 31, 1881................ •• .. • .. • • • .. $26, 140,481 $286,907 90 Written during the year.. • ......................... .. 64,281,565 629,055 57

Total.... . • • • . . . • • • •• • . • • . • . • • .. • . • . • . . . . . • • . • • • . . • • • $90,4 22,046 $915,963 4'7

Deduct those expired and terminated... • • • . • • • • . • • • . • • • 42,975,308 434, 163 rn

In force at end of the year . • • • • • • • . • • . • . .. . . • . . • . • . .. • $4 7 ,446, 73 8 $481,800 34 Deduct amount reinsured...... • • • • . . • • .. • • • • • . • • • . • • . 12,656,482 128,912 43

Net amount in force.......................... .. •• $34, 790,256 $352,887 91

BUSINESS IN THE STATE OF MAINE DURING THE YEAR.

Risks taken, (fire) ....•••••••••.•..••.•••.•••••••.•••••...••••.... Premiums received ..•.••.•••••••..............••.•...•.•....•••••. Amount of taxes paid to the State of Maine on premiums ............. .

$116,648 00 l,191 76

23 83

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OF FOREIGN COUNTRIES.

STANDARD FIRE OFFICE.

LONDON, ENGLAND.

INCORPORATED IN 1879. ComrnNCED Busnn:ss IN 1879.

Capital paid up in clash $5G5,000.

UNITED ST.ATES BRA~CH.

T. Y. BKOWN, Manager.

OFFICE, No. 27 PrNE STREET, :NEW YORK.

I. ASSETS.

8tocks and bonds owned by the company, market value............ . . . . $5(35,043 75 Cash in the company's principal office and in bank .•.....•..... , • • . . . • 50, 265 29

Premiums in due course of collection............................... 65,056 91

Aggregate of all the admitted assets at their actual value......... $680,365 95

II. LIABILITIES.

Losses adjusted and unpaid.................... . . .. . .. . $10,418 69

Losses unadjusted, including all reported and supposed losses ............................................ .

Losses resisted, including interest, costs and expenses .•.•

39,401 57

G,500 00

Gross amount of claims for losses........... . . • • . . • . $56,320 26

Deduct reinsurance and salvage................ .. . . 5,409 57

Net amount of unpaid losses and claims..................... .. .. .. .. $50,910 G9

Amount required to safely reinsure all outstanding risks ...... ,... . .. . 337,889 44 All other demands against the company, viz: commis$ions, etc .. .. .... 16,119 G3

Total amount of liabilities, except net surplus ...................... .

Net surplus .................................................... ..

$404.,919 rn 275,446 19

Aggregate of all liabilities, including net surplus.... . . . . . . . • . . . . $680,:-H15 95

III. INCOME DURING TIHJ YEAR.

Net cash received for premiums, (fire) ............................ .

llecei ved for interest and dividends from all sources .............. : .. .

Received from Home Office ....................................... ..

$624,592 64

l 2,fi3u 85

209,556 7.",

Aggregate amount of income received in cash.... . . . . . . . . • • • • . . • . $846,686 24

15

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INSURANCE COMPANIES

IV. E:XPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •..••••...••••.••••••.•.••.••••...•

Paid for commissions or brokerage ........•....•..............••..••

Salaries and other charges of officers, clerks and employees •..•.•...••.

Paid State, national and local taxes ...•.••.......•.....••....•...•• :

A 11 other expenditures, viz: general expenses ..•.......••....•.••.•..

$301,962 48

128,333 51

21,775 42

15,866 81 46,550 62

Aggregate amount of expenditures in cash . . . . • . • . • . . . . . • • • . . . • • $514,488 84

V. MISCELLANEOUS.

RISKS AND PREMIUMS.

Fire risks. Premiums.

In force December 31, 1881... •• • • •• •• •• • . • • • • •• • • •• • • $28,771,387 $206,851 45

Written during the year . . .. • . . . . . . . . • .. . . . . . . . . . . . • . 84,971,659 742,015 82

Total... . . • . . .. . • .. . . . • • • • • • • • . . . • • • . . . • . • • . . • • • • • • • $113, 743,046 $948,867 27

Deduct those expired and terminated ...•......•...•... 41, 296,30() 229,561 57

In force at end of the year................... • • . . • • • • $72,446, 740 $719,305 70

Deduct amount reinsured.. . . . . . . . . . • • . . . . . . . . . . . . . . . • 2, 244, 959 29, 149 93

Net amount in force............................. $70,20!,781 $690,155 77

BUSINESS IN THE STATE OF l\IAINE DURING THE YEAR,

Risks taken, (fire) .....•.••••.•.•..•..••..•...•••••...•••.•••••...

Premiums received ......••..•.•...........•.......••••....•..•.•.. Losses paid on risks taken ...........••.........•...•...•.••..•..... Losses incurred in Maine ......•....•............•.......••••.•.•... Amount of taxes paid to the State of Maine on premiums .•........•..•

$684,962 00

4,502 53

3, 732 08 3,747 81

15 41 ----------

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OF FOREIGN COUNTRIES. 187

SUN FIRE OFFICE.

LONDON, ENGLAND.

INCORPORATED IN 17 JO. COMMENCED BUSINESS IN 1710.

UNI'l'ED S'l'ATES BRANCH.

U. S. GILBERT, Manager.

OFFICE, w A.TERTOWN, N. Y.

I. ASSETS.

Stocks and bonds owned by the company, market value ..........•....

Cash in the company's principal office and in bank . . ...•.•••.••...•.

Premiums in due course of collection ..•..•.•....•....••.•....•...... Bills receivable, not matured, taken for risks ..•....•...•..••..•.....

$882,025 00

291,553 70

71,24-2 93 7,932 6:{

Aggregate of all the admitted assets at their actual value ..•.....• $1,252,754 26

II. LIABILITIES.

Losses adjusted and unpaid ........................... . $27,941 24

Losses unadjusted, including all reported and supposed

losses .•..........................................•. 37,267 98

Net amount of unpaid losses and c!aims.... .. . . ...... .. .• .. .. ...• ... . $G:\209 22 Amount required to safely reinsure all outstanding risks. . . . . .. . . . . . . 75:'i,386 71

Total amount of liabilities, except net surplus....................... $820,595 93.

Net surplus...................................................... 432,158 33

Aggregate of all liabilities, including net surplus ••.....••.•..••• $1,252,754 26.

III. INCOME DURING THE YEAR.

Net cash received for premiums, (fire) .. . • .. . • • . . .. . .. . . . . • . . . .. .. .. $390,973 39·

Aggregate amount of income received in cash........ . . • . • • .. . .. . $390,973 39 ·

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) •............•..•....••••.•........

Paid for commissions or brokerage ........•......•.•.......•........

Salaries and other charges of officers, clerks and employees ..•••.....••

Paid State, national and local taxes ................................ .

All other expenditures, viz: general expenses ....................... .

$164, 153 70,

98,869 34

19, 755 24

4,494 62

25,193 67

Aggregate amount of expenditures in cash ..... ,................. $312,466 57

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188 INSURANCE COMPANIES

V. MISCELLANEOUS.

RISKS .AND PREMIUMS,

Fire risl,s. Prern.ums.

In force December 31, 1881. ......................... . $13 2, 238,054 $l,3:i5,567 65

Wraten durmg the year ........................... .. 115,810,94-7 1, 153,950 38 ------ ------

Total. ............................................. . $248,049,001 $2,509,518 03

Deduct those expired and terminated ......••••.•.....• 108, 772,tl73 1,153,660 20 ------ ------

Net aniount in force .......••.•••••.•.•••.••.•... $139,276,128 $1,3,5S,85';' 83

BUSINESS IN THE ST.ATE OF MAINE DURING THE YE.AR.

Risks taken, (fire) ............................................. -.. . $139,672 00

Premiums received......... .. .. . . .. .. .. . .. . .. .. .. • • .. .. .. .. .. .. .. .. 1,360 22

Amount of taxes paid to the State of Maine on premiums.. . .. . . . . . . . . . 27 20

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OF FOREIGN. COUNTRIES. 189

TRANSATLANTIC FIRE INSURANCE COMPANY.

HA"M:BURG1 GERMANY.

INCORPORATED IN 1872. COlllMJ<;NCED BUSINESS IN 1872.

Capital pai<l np in cash, $300,000.

UNITED S'lWl'ES BRANCH.

E. HARBERS, Manager.

0FFIC~,, No. 62 LIBERTY STREET, NEW YORK,

I. ASSETS.

Stocks and bonds owned by tho company, market value............... $462,218 75 Cash in company's principal office and in bank ........••••.• , ••• , • , • • 9,543 , 4

Premiums in due course of collection .. , ............ , ....... , .. . . . • • • 18,'239 34

Aggregate of all the admitted assets at their actual value-........ $490,001 83

II. LIABILITIE::i.

Losses adjusted and unpaid .......................... .. $6,755 68

Losses unadjusted, including all reported and supp0sed losses ...........••••....•..•..•....... , •..•. , • , .... 20,300 00

Net amount of unpaid losses and claims ........... ,................. $27,055 68 Amount required to safely reinsure all outstanding risks .......... ,,.. 125,823 96

Total amount of liabilities, except net :.,urplus....................... $152,879 64 Net surplus........................................................ 337,122 19

Aggregate of all liabilities, including net surplus . • . . . . . . . . • . . • • • $490,001 83

III. INCOME DURING THE YEAR,

Net cash received for premiums, (fire).............................. $239,569 85

Received for interest and dividends from all sources.. . • . • . • • • • • • • . • • • 15,000 87

Aggregate amount of income received in cash.... . . . • • • • • • • • . • • • • $254,570 72:

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190 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Net amount paid for losses, (fire) .................................. .

Paid for commissions or brokerage ................................. .

Salaries and other charges of officers, clerks and employees ..••.......• Paid State, national and local taxes ............................... .. All other expenditures, viz: general expenses ...•.••••.••...•...•.•••

$165,996 90

49,829 32

13,128 27 6,527 72

14,323 85

Aggregate amount of expenditures in cash....... • • • • .. .. .. . • .. .. $249,806 06

V. MISCELLANEOUS.

RISKS AND PREMIUMS,

.Fire rislcs. Premiums .

In force December 31, 1881.,.................. .... .. • • $21,318,880 $249,012 74 Written during the year ............................ .. 23,788,023 272,471 41

Total . .. .. . . . . .. .. • • . • .. . . . . .. .. .. • • . . . . .. .. • .. .. . • $45,106,903 $521,484 15 Deduct those expired and terminated .............. ,. ... . 23,427,3i3 272,404 u4

Net amount in force .......................... , • , . $21,679,530 $249,080 11 ~-----~-~- --------·-,

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

Risks taken, (fire).................................... . . . • • • . • . . . • $43,400 00 Premiums received.... . .. • . .. • .. • • .. . • .. . . .. . . •. .. . .. • .. . . . .. . .. . • 464 50 Losses paid on risks taken .................................. , . .. .. .. 12 00 Losses incurred in Maine ........................................ ,, 12 00

Amount of taxes paid to the State of Maine on premiums •. , . . . . . . • • • • • 9 05

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OF FOREIGN COUNTRIES.

WESTERN ASSURANCE COMPANY.

'l'ORONTO, CANADA.

INCORPORATED IN 1851. COMMENCED BUSINESS IN 1851.

JOHN McMURRICH, President. JAMES BOOMER, Secretary.

Capital paid up in cash, $400,000.

UNI'rED S'rA'rES BRANCH.

I. ASSETS.

Stocks and bonds owned by the company, market value ....•..........• Cash in company's principal office and in bank ......•...•.....•••...• Premiums in due course of collection ..•...............•....••.......

Bills receivable, not matured, taken for risks ...•.....•.•....•..•...•

$827,205 00 26,566 15 6),922 25

3,936 93

Aggregate of all the admitted assets at their actual value..... . . . . $919,630 3:1

II. LIABILITIES.

Net amount of unpaid losses and claims............................. $62,989 39 Amount required to safely reinsure all outstanding risks.. . . . • . . . . • • • . 409, 200 6S

All other demands against the company, viz: commissions, etc .• . . .. . . 12,278 61

Total amount of liabilities, except net surplus....... . . • . . . . . . . . . . . . . $484,468 65

Net surplus....................................................... 435,161 68

Aggregate of all liabilities, including net surplus. . . . . . . . . . . . . • • . $919, 630 33

III. INCOME DURING THE YEAR.

Fire. Inland.

Net cash received for premiums.. . . . . .• . • $781,985 GS $101,7\Hl 04 ----- ---- $883,784 72

Heceived for interest and dividends from all sources ..•••....•.......• 33,29! 05

Aggregate amount of income received in cash.... • . . • . . . • • . . . . • • • $917,078 77

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192 INSURANCE COMPANIES

IV. EXPENDITURES DURING THE YEAR.

Fire. lnlrmd.

Net amount paid for losses ................ $6<11,146 20 $58,937 n

Paid for commissions or brokerage .....•.........•.••.••...•..•...••

Paid ~tate, national and local taxes ..........•.....•••...•...••....

A II other expenditures, viz: gener:11 expenses ........•.•......••...•

$700,084 17

159/>80 60

16,94 7 03

91, 129 IO

.Aggregate :1mount of expenditures in cash....................... $96i,740 90

V. MISCELLANEOUS.

RISKS AND PnEMIUMS.

Fire risl.s. Premiums. Inland risks. Premiums.

In force December 31, 1881. $i'l3, 186, 190 $758,914 69

Written during tho year.... 67,435,143 937,380 89

$74,868

20,805,677

$4,801 63

ll0,478 85

Total. .................... $120,621,333 $1,696,295 58 $20,980,545 $115,280 48

Deduct those expired and

terminated .............. . 59,370,\)30 847,619 80 20,321,398 101,599 41

In force at end of the year.. $61,250,403 $848,675 78 $559,147 $]3,681 07

Deduct amount reinsured... 2,662,762 54,364 71 17,234 l,4:32 45

Net amount iu force.... $58,587,641 $794,311 07 $541,913 $12,248 62 ----- ---~- ----- --~---

BUSINESS IN THE STATE OF MAINE DURING THE YEAR,

'Risks taken, (fire) ............................................. ..

Premiums received ............................................... ..

L,)sses paid on risks taken., ..........•......••..•.•..•..•........•.

Losses incurred in Main-e ....................................... ..

Amount of taxes paid to the State of Maine on premiums ....•••..•....

$459,239 00

6,876 06

3, 190 15

6,:390 15

73 72

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LICENSED BROKERS AND AGENTS.

--~~-------LICENSED BROKEH.S AND LICENSED AGENTS OF FIRE, FIRE-MARINE

AND MARINE INSURANCE COMPANIES AUTHORIZED TO

TRANSACT BUSINESS IN THE STATE OF MAlNE.

Page 236: Maine Legislaturelldc.mainelegislature.org/Open/Rpts/PubDocs/PubDocs1883v...FIFTEENTH ANNUAL REPORT OF 'rHE INSlJ R1-i\._NCE C()~1~1ISSIONER. PART FIRST. FIRE AND MARINE INSURANCE.

Sections 75 and 76 of the Insurance Laws of Maine.

SEC, 75. No person shall act as agent of any iniaurance company until he has

produced to the commissioner and filed with him a duplicate power of attorney from

the company or its authorized agent, authorizing him to act as such age11t. Upon

filing such power the commissioner shall issue a license to him if the company has

received a license to do an insurance business in this State; and such license shall

continue until the first day of July then next, and may be renewed from year to year

on producing a certificate from the company that his agency is continued. For each such license or renewal thereof the commissioner shall receive the sum of one dollar.

And if any person solicits, receives or forwards any risk or application for insurance

to any insurance company, without first receiving such license, or fraudulently assumes

to be an agent, and thus procures risks and receives money for premiums, he shall forfeit not more than fifty dollars for each offence; but any policy issued on an appli­

cation thus procured shall bind the company if otherwise valid. SECT. 76. Any person may be licensed by the commissioner as insurance broker to

negotiate contract.s of insurance, and to effect insurance for others than himself for a compensation, and by virtue thereof ho may place risks or effect insurance with any

insurance company of this State, or with the agents of any foreign insurance company ,

who have been licensed to do an insurance business in this State, but with no other.

For such license he shall pay the sum of five dollars, which shall authorize him thus to act until the first day of July then next; and on payment of the same fee his license may be renewed from year to year afterwards, ending annually on the first day

of July. Any person without such license, assuming to act as such broker, shall

forfeit not more than fifty dollars.

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LICENSED BROKERS.

JULY 1, 1882, TO JULY 1, 1883.

Alford, E. R ................... Oldtown Allen, Octavius ..•••.•••........ Sanford Austin, David S .......... North Berwick Barrett, T. B . . . .••••••.•.•.... C,1naan Bartlett, .J. D ................ Waterville Bennett, John ...••..••..••. Parsonsfield Berry, A. L ...•••..••••.••..•. Gardiner Bickford, Geo .....•••.. , ...••.. Dayton Blackwell, Geo. P.... . • . . . . . . . . Salem Blunt, Jas. F. & Son ........ Mt. Vernon Bodwell, Henry M ................ Solon Bowler, Geo. W ..•.•••..•...... Liberty Bowler, L. A .....•. , •••.... , .•. Bangor Bowler, Nathan ................. Liberty Bradford, Wm. B .•..•••••. , ..•.. Turner Brown, K C . . . . . . • .•..•..•.•. Oldtown Burnham, Edward P ...•.....•.•.. Saco Burr, Vv'm. P •....•.....•.•..... Brewer Burrill, C. C .•.•......•.•.•.•. Ellsworth Butler, E. A.. . . . . . . . . . . . • •.. Rockland Cargill, David ..•••.•.•. Livermore Falls Carpenter, J.M ......••........ Pittston Clifford, E. A, ........... , •..•.. Bangor Collins, Ben. S ............ North Anson Curtis, C. ,v.... . . . . . . . . . . . . . . . Dexter Dudley, Thomas ................. Wilton Dyer, Z. A .....••...•••.••. New Sharon Emery, Isaiah S ................ Bangor Emery, S. B.. . ................ Sanford Erskine, A. J ................. Rockland Evans, James .....•.•...•••. East H irnm Fairbanks, H. N .......•........ Bangor Fairfield & Emery . . . . . . . • . . • • • . . . Saco Fessenden, Henry M •...•••.••. Portland Ford, C. W .................... Portland Freeman, E ...•••.••••••••.•.. Portland Frink, J. L .................. Brownfield :Frizzle, B. F ................... Oakland Gardiner, N. S ................ P<:'rtland Garey, Otis T .•....••.•••..••. Biddeford Greenlief, C. S •..•..•....••.... Augusta Greenlief, Geo .........••.•...... Starks Griffin, J. C •.....••••••..... Skowhegan Gurney, Thos. C ................. Canton Haley, John .................... Hollis Haskell, B. B ............... Waldoboro Haskell, S B ........... , ...... Portland Hasty, Gilbert ........ North Waterboro' Hathaway, A. S ................. Canton Jennings, W, .•••••••••••• North Wayne

Jones, Chas. F .............. Skowhegan Judkins & Murch ............... Newport Kendall, John C .......•....... Freeport Kenniston, Geo. B ..........•. Boothbay Larrabee, John.. • .••........ Livermore Lennox, Wm. P ......•........ Wiscasset Libby, Alonzo .....•.....•... Sac::.rrappa Lovejoy, Melvin W ..•...... New Sharon Marson, F. A .................. Oakland Mathews, C. K ............... Waterville Mayhew, M. S .............. Mt.Vernon McCrillis, P ................. , ... Dexter Mcintyre, J. S ................... Solon Melaugh, Wm ................. Portland Mills, H. A .................... Portland Moore, A. & Son ....••..... North Anson i\lorrell, H. A ................. Pittsfield Neal, B. A. & bon .••....••.... Gardinei; .Nickerson, H. S ....••. , ....... Pittsfield Nye, J. Eu.win ................ Hallowell Osgood, E. G .................. Fryeburg Packard, ]<'. H .....•.......... Winthrop Patterson, Alfred .......•••..•..... Saco Patterson, Seth ...•••.....••.. Wiscasset Pieree, T H. B •.•••...•.•...... Dexter Perry, N. & Co .....•....•.. Presque Isle Pinkham, Il. N ••••.•.•........ Portland Sampson, Alden .....•.•.••.... Hartland ::-haw, Benj .................... Portland Small, J. H., ................ Bi<ldeford Soule, F. H .............••. New Sharon Southard, T. J. & Son ......... Richmond Stevens, W. H ....•. North New Portland Stickney, H. R ................ Portland, Straw & Martin .••.....••....... Guilford 'l'aber, G. & Son ..•••..••.... Vassalboro' Taylor, Charles ................. Unity Titcomb, Joseph •..•.•••.... Kennebunk Turner, J. B ............•••.•••. Wayne \Vallace, Geo. E. & Co •.......... Belfast Warren, Daniel ................. Bangor Washburn, W.W ................. \.Jhina Weeks, Albion P ........... lYeeks Mills Whitney, Amos .... , •..... East Dixmrmt ·Whitney, W. H .............. Richmond Whitten, C. R ..••...•..••.... Buckfield "'ilson, J. C .................... Orono Wood, Franklin ............... Winthrop Woods, John .F ••••••.•••••• Farmington Woodsum, Wm .......... , ... West Peru

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LICENSED AG:ENTS

OF FIRE, FIRE-'MARINE AND MARINE INSURANCE COMPANIES AUTHOR-

!ZED TO TRANSACT BUSINESS IN l\fAIKE.

The following Agents, except those of companies marked with an *, wero returnud

by the several companies July 1, 1883.

MAINE l\IUTUAL COMPANIES.

BANGOR.

John Elliot ..................... Abbot E. A. A us tin ................... Addison N. I. Jordan ................... Auburn B. Davis, .Farr & Co .... a ••••••• Augusta Isaac Libby ................... Bradford G. V. Mills .......•....•..•• Brc,oksville T. W. Porter ....•.......•... Burlington B. F. Hopkins .................. Carmel F. A. Simpson .................. Carmel H. C Holden ......•...••.... Charleston Ignatius Small .••..••....•.•.. Deer Isle D. K. Eastman ............. Dennysville II. C. Parsons· ....•••......•.•... Dexter Job Crocker ................... Dixmont John Savage .....•..•...... East Corinth L. D. Butters ................... Exeter H. 0. Perry ....•....•.•.. Fort Fairfield L. H. Folsom .•.•••••....•.•. Greenville T. J. Hodgkins ................ Hancock

T. C. S. Berry .... , ............. Houlton Martiu Snell ................. Lagrange A. N. Greenwood ................ Larone George W. Bowler., ......••.... Liberty Mason H. Wilder .............. .Machias J. C. Jewett ............... Machiasport George A. Hopkins .......•.. .Mill bridge M. L. Durgin, Jr .................. Milo A Hobart ..................... Newport .J. W. Waldron ....•........... Oldtown J. Y. Richardson ......•...•.... Oldtown F. W. Gross ..•.•...•.........•.. Orland J.C. Wilson ..................... Orono A. T. Coburn .................... Patten H. L. Barto ..........•..... Presque Isle N. T. Talbot & Son .........•.. Hockport H. H. Clark .................... 'l'renton S. L Tracey •••....•..•. W. Gouldsboro'

* ELIOT AND KITTERY.

Samuel L. Carne ................. Alfred James W. Hobbs ......... South Berwick William R. Parker .............. Kittery Alex Maxwell ................ : . .. Wells Samuel L. Paul. .•..•••....••••. .l\.it.tery A.H. Tapley ..••••.•..••.•.•..... York Stephen D. Lord ............... Lebanon Rufus H. Moody •.••••.•••.••.•••. York William P. True ................ Sanford

*FRYEBURG.

Tho1~ms _F. Dresser ............ Fryeburg j Joseph Knight .................. Lovell BenJamrn W. McKeen ......... Fryeburg

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LICE.NSED AGENTS. 197

PISCATAQUIS.

Isaac Libby. • .•.....••••..... Dradfonl l<~. W. Brown ..•.•••....•.•.. Brown ville F. E. 5rrague ........•......... Corinrrn J. S. Folsom ..•......•.. , •...... Dexter M. L. Hobinson .................. Dover L· D. ButtL•rs .............••.... Exeter L. 0. Oaks ......•••..••...•.... Garland

L. H. Folsom ................ Greenville Samuel D. Atwood ...........•. Medford Frank A. Hart .........•........ Monson William Sargent .............. Newport Daniel Lewis ........•..•..... Sherman C. E. Ryder. . . . . . • . . . • • . . .. Springfield

* YORK COUNTY PATRONS.

,J. A. Sawtelle ......................................................... Oakland

STOCK COMPANIES OF OTHER STATES .

.iETN A.

George K Macomber ••...••••••. Augusta D. M. Howard ............. , •••• Bangor J. H. Humphreys ................. Bath Keating & Field ...••..•.••.••.•. Belfast J.M. Goodwin ...••.••....•• Biddeford George G. Wight .............. Bridgton E. B. Gardner •....•..•..•••. Bucksport Thus. H. Hiley ......•••.•••.. Brunswick Joseph .A. Lee & bon .............. Calais James A. Milliken •....••.•.. Cherryfield H. C. Parsons ................... Dexter S. B. Hnme .........••..•..... Eastport A. M. Bradley & Son .... East Vassalboro' Charles C. Burrill .••..•.•..•.• Ellsworth E.W. & F. E. McFadden ....... FairfiAld J. F. Woods ................ Farmington John C. Kendall ...........••.. Freeport

A, Jackson .................... Foxcroft B. A. Neal & Son .•..•••..•..•. Gardiner H. R. Millett ................. Gorham J. H. Bradford ..••............. Houlton J. Titcomb ................. Kennebunk W. l!'. Moody ••....•...•. Kennebunkport William M. Chamberlin ........ Lewiston P. H. Longfellow ....•..•.••.... Machias Freeland Howe ......••......... Norway Dow, Coffin & Libby ...•...••... Portla.nd Cochran and Sewall .....••..... Rockland T. II. Dinsmore ......•....... Skowhegan J. B. Neally ............. South Berwick W. B. Creamer .............. W ttldoboro' E. G. Meader .•.•....•.••.... Waterville Charles A. Stockbridge .••.•••. Yarmouth

* AMERICAN CENTRAL.

Chas. P. Wiggin .....••••••..• , . Bangor J Prentiss Loring .•.••••...•.•.•. Portland George P. Davenport ........••.... Bath

AMERICAN FIRE, N. Y.

Charles A. Sparrow .................................................... Portland

AMERICAN FIRE, PA.

John S. Kimball & Son ...••••.•. Bangor I Prentiss Loring ....•.•.......•. Portland Frank A. Conant ............... Lewiston

ATLANTIC F. & M.

\V. D. Little & Co .••••••••.••••••••••••.•••••••••••••••••••.•••.••••.•. Portland

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198 LICENSED AGENTS.

BOSTON MARINE.

D. M. Howard ...•..•.....••.••. Bangor f J. S. Winslow & Co .•••••••.... Portland Chase, Leavitt & Co .•••...•.••• Portland J

BUFFALO GERMAN.

Richard Kelleher ....•.•.•...... Bangor 'I William Allen, Jr •.....••..... Portland Smith & Tibbetts ........••...• Biddeford A. J. Erskine .•••.•••••.....•. Rockland Frank A. Conant .....•..•••.•. Lewiston I

COMMERCE.

Dow, Coffin & Libby ... _ ••.•••••••.•.............••..••.• • .•.•...•••..• Portland

CONNECTICUT FIRE.

George E. Macomber .•...•.•.... Augusta : D. Horace Holman ..•.•...•.... Lewiston Blake, Barrows & J3rown ...••.... Bangor Ji Freeland Howe •..........••.•.. Norway J. H. Small ........••..•....• Biddefo~d Palmer & Anderson ......... , .. Portland Joseph A. Lee & Son ..•...•.•..•. Calais Cochran & Sewall •...•.•••.... Rockland

CONTlNENTAL.

Miller & Cummings ............ Auburn Benj. Davis, Farr & Co •.••..... Augusta F. M. Sabine ................... Bangor James B. Drake ....•••.•••..•...•. Bath W. W. Perry ....•.....•....•.•. Camden H. K. Morrell & Son ............ Gardiner John H. Bradford ..•..••..•..•.. Houlton

F. A. Conant .................. Lewiston W. S. Woodbury ...•........ Monmouth W. D. Little & Co ............. Portland A. J. Erskine ................. Hock land Fairfield & Emery ................. Saco Thos. A. Carr .•...•••........ Thomaston

DWELLING HOUSE.

J. S. Ki:nball & Son ............. Bangor I E. E. Upham & Co .............. Portland

ELIOT.

"\Varron Sparrow . . . ...•..•.•.•....•••••.••..•.••••..••••••...•...•.... Portland

EQUITABLE F. & M.

Smith & 'l'ibbetts •......•••.•. Biddeford I John E. Dow ...•••••.•...••.•.. Portland

l!'ARRAGUT FIRE.

Charles A. Sparrow .•••..•..•.•.............•...••......••....••.....•.. Portland

FIRE ASSOCIATION.

N. I. Jor<lan ..•..•.••.•••••... Auburn Benjamin Davis, F:trr & Co •.... Augusta John S. Hicker & Son .... , • , .... Bangor T. H. Riley ................. Brunswick Thomas E. Wharff & Son ....•..... Calais W, \V. Perry ••.•..••.•••.•..... Camden R. B. Clark .....•.....•..•••••. Eastf ort D. V. B. Ormsby ....••••.... Farmin ton

Josiah Maxcy & Son ....•••.... Gardiner Pierce & Donnell .........•..•.. Houlton Palmer & Anderson .•.......••• Portland C. G . .Moffitt .................. Rockland W. J. Wheeler .............. South Paris 'r. A. Carr ..•........•••..•. Thomaston L. T. Boothby & Son ....••.•.. Waterville

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LIUENSED AGENTS. 199

FIRl!iMEN'S FIRE.

,v arren Sparrow. . . . . . . . . . . . • . . • . • • . • . . . . . . . . . • • . • • • • • . • . . ...••.•••..• Portland

FIRST NAT ION AL FIRE.

George E. Macomber •..•.••.••. Augusta I Rollins & Adams ......••••..... Portland Charles S. Pearl. ..........••.... Bangor

FRANKLIN .FIRE.

Beoj. Dav ls, Farr & Co ..•••.•.• Augusta I H. C. Parsons •..•••••..•.•.•.... Dexter C. P .. Wiggi? ................... Bangor w_ ill_iam F. Garcelon ........•.. Lewiston Keatmg & Field ...•...••.•••.... Belfast Roll ms & Adams .....•..•....•. Portland J. W. ]'orsaith .......••.•••.• Brunswick William J. Wheeler ...••.... South Paris

GERMAN AMERICAN.

Miller & Cummings •••••..••.•.• Auburn Benj. Davis, Farr & Co ...••.... Augusta D. M. Howard .................. Bangor George E. Morse .................. Bath W. W. Perry, ..•..••..••.•••... Camden Chas. C. Burrill. ...•.••.•..••. Ellsworth A. L Berry ....•.••....••.•... Gardiner A. N. Greenwood ................ Larone

C. B. Donworth ................ Machias Dow, Uoffin & Libby , ..•..•.... Portland William 'r. Hall .............. Richmond Cochran & Sewall ....•.•.•••.• Rockland G. A. Carter & Co ................. Saco W. J. Wheeler ...••.....•.•. South Paris A. E Howard .......•..•.•.. Waldoboro' L. T. Boothby & Son ......... Waterville

GERMANIA FIRE.

John S. Kimball & Son ........•. Bangor I lJow, Coffin & Libby ........•... Portland Zina II. Blair............. .. . . .. Buth ,John Lovejoy ................. Rockland ,v. B. Neal. ................... Gardiner Geo. A. Carter & Co ................ Saco D. Horace Holman ...•.•.•••••. Lewiston

GIRARD F. & M.

Wiggin & Williams, ............ Bangor I ,Villiam Allen, Jr ............. Portland

GLOUCESTER FIIlE.

A. A. Miller ................... Auburn Smith & Tibbetts ....••....••• Biddeford Thomas H. Riley ..•.•••••••• Brunswick W. H. Pilsbury •....••........ Bucksport B. M. Flint ...................... Calais William Flye .•..••....... Damariscotta C. C. Burrill. ................. Ellsworth

E. W. & F. E. McFadden, ....•. Fairfield J. F. Woods ................ Farmington H. K. Morrell ................. Gardiner Enoch Cousens ......•... Kennebunkport William Allen, Jr ............. Portland Fred Atwood .•.. , ........... Winterport

HANOVER FIR.l!.i.

George E. Macomber ...•.•••••. Augusta Charles P. Wiggin .............. Bangor James B. Drake . . . . . . . . • . .. .. . . Bath G. ·D. Parks ................. Brunswick C. C. Burrill ................. Ellsworth

A. Erdley..... .. . • . • . .. ...... Gardiner Joseph Titcomb ...•.••...••• Kennebunk W. ]'. Garcelon .•...••...•.•••• Lewiston Prentiss Loring .•.••.•••..•.... Portland ,J. W. Spaulding ............. Richmond

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200 LICENSED AGl~\fT;:,.

HARTFORD FIRE.

Bcnj. Davis, Farr & Co ......... Augusta Enoch Cou~ens ......... Kennebunkport D. M. Howard ................. Bangor W. M. Chnmberlin ........... Lewi;:ton George Fisher .................... Ba th George A. Pettengill .....•.. Lisbon Falls Keating & Field ............... Belfast John IL Smnll ............... Biddeford

D. W. Chapman .............. Newcastle Freeland Howe ................. N unvay

E. E. Gardner ............... Bucksport Palmer & Anderson ............ Portland Joseph A. Lee & Son ............. Calais Cochran & Sewall ............. Hockland H. C. Parsons ................... Dexter Chandler Tuttle . . .......... Slrnw hega n S. B. II u me.... . .......... Eastport F. E. & E. W. McFadden ....... Fairfield

Chnrles C. Hobbs ........ South Berwick E. Farrington .............. Waldoboro'

Josiah Maxcy & Son .......... Gardiner E. C. l\leadcr ................ Wakrville H. H. l\lillett ................. Gorham J\. E. Hought<,n .................. Welq. John Haley ...................... Hollis R. If. T. Taylor ............. Wiscasset John H. Bradford ...•....•.... Houlton Charles A. ::-tock bridge ..•..... Yarmouth

HO.ME.

Benj. Davis, Farr & Co •••••.... Augusta Charles P. Wiggin ....•.. · ........ Bangor J. H. Humphreys ................ Bath James Pattee ......••........... Belfast E .. \.1. Hayes ................... Berwick John II. Small. ........•...... Biddeford G. G. Wight .................. Bridgton Thos. EI. Riley ....•....••..•. Brunswick E. B. Gardner ......•..••••... Bucksport Frank Nelson .................... Calais E. M. \Vood .................... Camden J. A- Milliken .............. Cherryfield D. W. Chapman .......•.•. Damariscotta H. C. Parsons ...••....••..•.•... Dexter Jos. B. Peakes ................... Dover S. D. Leavitt ................... Eastport A. M. Bradley & Son, .. East Vassalboro'

Charles C. Burrill. .........•.. Ellsworth J. F Woods ............... Farmington John C. Kendall. ............... Freeport Josiah Maxcy & Sons .......... Gnrdiner H. H. Millett .................. Oorham B. W. Harriman ............ Kent's Hill William l\f. Chamberlin ........ Lewiston P. H. Longfellow ......•........ Machias J. A. Buckman & Co ..... Mechanic Falls :Freeland Howe ................. Norway Dow, Coffin & Libby .•.......... Portland Cochran & Sewall •.•••........ Rockland T. H. Dimmore ..•........•. Skowhegan S. W Bicker ............ South Berwick E. l<'arrington ......•........ Waldoboro' L. T. Boothby & Son .......•. Waterville R. H. T. Taylor ............... Wiscasset

HOWARD.

Ge_o. ~· Maco'? b_er .••••.•••••••• Augusta j ';. Lyd~ton ................... Lewiston W1ggrn & W1lhams.......... Bangor N athamel Rand .........•..•.. Portland Morris & Tatterson ........... Biddeford A. J .. Erskine ................. .Rockland W. W. Perry •........•..•••.•.. Camden

INSURANCE COMPANY OF NOllTH AMERICA.

Benj. Davis, Farr & Co ......... Augusta D. M. Howard .................. Bangor J. B. Drake ..................... Bath Morris & Tatterson ........... Biddeford Thos. H. Riley ....•..••••... Brun;:wick Josiah Maxcy & Sons ..•••..•.. Gardiner

H. H. Millett .................. Gorham F. A. Conant .................. Lewiston Freeland Howe ................. Norway Dow, Coffin & Libby ......•... Portland T. H. Dinsmore ............. Skowhegan L. T. Boothby & Son .......... Waterville

INSUltANCE COMPANY OF THE STATE OF PENNSYLVANIA.

N. I. Jordan, .................. Auburn S. P. Johnson .................. Bangor Thos. H. Riley .......•.•..•. Brunswick T. E. Wharff & Son .............. Ualais R. B. Clark ................... Eastport Geo. W. Fiske ....•...•••...•. Ellsworth D. V. B. Ormsby ..•.•.••.... Farmington

Pierce & Donnell. .............. Houlton Warren Sparrow .........•...•. Portland Chandler Tuttle .............. Skowhegan W. ,J. Wheeler .............. Routh Paris Thos. A. Carr ........•.•.... Thomaston L. T. Boothby & Son ......... Waterville

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LICENSED AGENTS. 201

MANUFACTURERS' AND BUILDERS'.

Chas. A. Sparrow . • . • • • . . . . • • • • • • • • • • • . . • . • . • • • . • • • . • . .•••.•••••••.... Portland

MANUFACTURERS' F. & M.

A. A. Miller ................... Auburn I Geo. E. Morse .................... Bath D: W. Sullivan ................ Augusta j A. M. Bradl~.Y & Son •••• East Vassalboro' Richard Kelleher •..••.•..•..••. Bangor : Albert Marwick ....•.•••••...•• Portland

MERCHANT:,' N. J.

N. I. Jordan, .................. Auburn I Frank A. Conant .............. Lewiston Geo. E. Macomber ............. Augusta William Allen, Jr ............. Portland D. M. Howard .................. Bangor A .• J. Erskine ................. Rockland

_ Geo E. Morse ................... Bath L T. Boothby & Son ......... Waterville

MERCHANTS' R. I.

George E. Macomber ••..••••••• Augusta Charles P. Wiggin .•...•••••..•• Bangor Weeks & Reed .................. Bath Francis J. Goodwin ....••••••. Biddeford C. C. Humphreys .•• , ••• , ••••• Brunswick

R. B. Clark ................... Eastport B. A. Neal & Son .••••••.••.... Gardiner Rollins & Adams ...••••••••.••• Portland Charles K. Mathews ...•••..•. Waterville Fred Atwood ................ Winterport

MERIDEN FIRE.

Wm. L,ydston ••••••••••••••••• Lewiston I Morse & Pinkham ..•••••••••••• Portland

NATIONAL FIRE, CONN.

Benj. Davis, Farr & Co ......... Augusta. I Thos. H. Riley ............... Brunswick Chas. P. Wiggin., .............. Bangor Wm F. Garcelon .............. Lewiston Geo. E. Morse .................... Hath W. D. Little & Co ............. Portland Otis T. Garey .•••••• , •••••••• Biddeford Cochran & Sewall •••••• , ••.••• Rockland

NATIONAL FIRE, N. Y.

Nathaniel Rand •••••••••••••••••••••••••••••••.•..••••••••.••.•••••••. Portland

NEPTUNE F. & M,

Warren Sparrow •...•••••••••••.••••••••••••••••••• , •••.•••••••••••.••• Portland

NEW ARK FIRE.

Withdrew July I, 1883.

NEW HAMPSHIRE FIRE.

A. A. Miller ................... Auburn Geo. E. M aoomber ••••••••••••. Augusta John S. Kimball & Son .......... Bangor C. C. Burrill .................. Ellsworth A. L. Berry •..••••••• , •••••••. Gardiner

George A. Pettengill. ••••••• Lisbon Falls David S. Austin ••••••••. North Berwick William Allen, Jr ............. Portland Cochran & Sewall • . • • • • • • . . • • Rockland L. T. Boothby & Son •••••..•• Waterville

NEW YORK BOWERY FIRE.

Miller & Cummings ............. Auburn I Uhas. A. Sparrow •••••••.••.•.. Portland Richard Kelleher ...... , ........ Bangor J. C. Griffin ................. Skowhegan

16

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:202 LICENSED AGENTS.

NIAGARA FIRE.

A. A. Miller .....••..•..•...... Auburn (jerJ. E. Macomber .•.. , ......... Augusta ,J. S. Ricker & Son ......•..•.... Bangor J as. B. Drake ..••••••.•.•.••••.•.. Bath F. J. Goodwin ................ Biddeford T. II. Riley . • . . . . . • . .. . . ••. Brunswick \Y. W. Perry, ...•...•.•••.••.•. Camden

,J. W. Mer rill ............... Farmington A. Bailey .................... Gardiner Wm. C. Donnell ................ Houlton Chas. A. Sparrow.. . • • • • • . • . Portland Wm. T. Hall. ................ Richmond .J.C. Griffin ................. Skowhegan C. K. Mathews ....•••.••.•••. Waterville

NORTHWESTERN NATIONAL.

W. D. Littte & Co •••.••.••••.••••••..•.•••••••.••••.•.••.•.••.••..••••• Portland

ORIENT.

D. M. Howard ................. Bangor I W. D. Little & Co •.•...•••.•.. Portland Frank A. Conant .............. Lewiston 1. Cochran & bewail ••.•.....•••• Rockland Mrs. Geo. K. Hatch .......... Pembroke I

PACIFIC FIRE.

John }!;, Dow .•••.•.••••.•.•.••..•.••••••••••••••••.•..•••..••.••...••• Portland

PI£NNSYLV ANIA FIRE.

Benjamin Davis, Farr, & Co ..... Augusta Blake, Barrows & Brown •.••..••. Bangor .J. B. Drake ...................... Bath Keating & Field .....•••........ Belfast C. C. Humphreys ..•....•..••• Brunswick ~amuol D. Lea,·itt .....••••..•. Eastport JI. K. Morrell & Son .......•... Gardiner ,J. H. Bradford ............... , . Houlton

W. F. Garcelon •....•..•.•.... Lewiston Rollins & Adams ........••..••. Portland Cochran & Sewall ............. Rockland Charles C. Hobbs .••.•.... South Berwick W. J. Wheeler .............. South Paris William B. Creamer .......... Waldoboro' John Ware .................. Waterville Crawford & Tolles .... Great Falls, N. H.

PHENIX, N. Y.

Benj. Davis, Farr & Co •.•.•.... Augusta Blake, Barrows & Brown ...•.... Bangor Morris & Tatterdon •...•••.... Biddeford Downes & Curran... . . .•......••. Calais John F. Woods .•••.••.•.... :Farmington A. L. Berry •... , .••.•••.•.•... Gardiner

W. F. Garcelon ....••••....•.•. Lewiston Prentiss Loring .•.•...•.•...•.. Portland Cochran & Sewall •...••••••••. Rockland A. E. Howard & Son ••.•..••• Waldoboro' Charles K. Mathews ••••••.•.• Waterville

PH<:ENIX, CU~N.

Edward Weeks ••...•.. , ........... Alna .Miller & Cummings ............. Auburn Benjamin Davis, Farr & Co •.... Augusta D. M. Howard .................. Bangor J. lf. Humphreys ................. Bath .T. M Goodwin ....•••• , •. , •.. Biddeford Thos. 11. Riley ...•.•.••••• , •• Brunswick E. B. Gardner •..••••.••••••. Bucksport A. S. Hathaway ................. Canton C. C. Burrill .................. Ellsworth A. Bailey ••••• , ..••••• , •..•••• Gardiner

Henry R. Millett ....... , ........ Gorham W. M. Chitmberlin ••••••••••••. Lewiston George A. Pettengill, •..••.. Lisbon Falls W. W. Woodbury ............ Monmouth , Freeland Howe ................. Norway W. D. Little & Co. • •..•••••••• Portland Spaulding & Stuart ........... Richmond Cochran & Sewall ..••.•••••••. Rockland Chandler Tuttle ••.••••••••.•• Skowhegan \V. F. Garcelon ...••••..•......•• Turner L. T. Boothby & Son .......... Waterville

PRESCOTT.

\Villiam Allen, Jr ................................................. , ... Portland

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LICENSED AGENTS.

PROVIDENCE WASHINGTON.

John S. Ricker & Son ...•.•••.•. Bangor I William L!dston ...••...••..•. Lewiston J. B. Drake ...................... Bath Morse & Pinkham .............. Portlanti John H. Small ................ Biddeford

RUCHE::iTER GERMAN.

A: A. Miller ................... Auburn ] Palmer & Anderson .•....••.••• Portlaml Richard Kelleher •.....•..•.•••. Bangor

SECURITY.

John S. Ricker & Son.. . . ••••.•• Bangor I Morse & Pinkham •.••••....•.. Portland

SHOE AND LEATHER.

Geo. E. Macomber ••••.....••.. Augusta / E. P. Butler ..................... Orono Blake, Barrows & Brown .....••• Bangor W. D. Little & Co ••••••...•..•• Portland

SPRINGFIELD F. & M.

A. A. Miller .................... Auburn George E. Macomber ........... Augusta Charles P. Wiggin .••..•.••••.•. Bangor John H. Humphreys .............. Bath Keating & Field ....••.•....•••• Belfast John H. Small ................ Biddeford Charles C. Humphreys ........ Brunswick Frank Nelson .................... Cal a is Henry C. Parsons ......••......•. Dexter

Charles C. Burrill ....•.•••..•. Ellsworth Charles Carey .............. East Machias John F. Woods •...•.••.•... Fa1 mington A. Bailey ..................... Gardiner Prentiss Loring .•...........•.. Portland Cochran & Sewall.. ..••...•.... Rockland Spaulding & Stuart ...••..••.. Richmoml T. H. Dinsmore ............. Skowhegan Fred Atwood ................ Winterport

STAR F[RE.

Dow, Coffin & Libby .......... Portland IL. T. Boothby & Son ......... Waterville

STERLING FIRE.

Charles A. Sparrow ..... , ......•.••....•.•...••............•• , •.... , . , . Portia nd

UNION.

Miller & Cummings ............. Auburn I William Al~en, ,Tr ..•.......... Portland Blake, Barrows & Brown " ...... Bangor Cochran & Sewall ............. Rockland Jas. B. Drake .•.•••.....•......... Bath

UNITED STATES FIRE.

W. D. Little & Co., ••••..•• , , •...••..•.....................•.•......... Portland

WASHINGTON F. & M.

Warren Sparrow ... , ••........•.••.•..•......••..•............•........ Portland

WESTCHESTER FIRE.

Miller & Cummings ............. Auburn 1

1

William Al_len, Jr ............. Portland J as. B Drake .................... Bath A. J. Erskme ................. Reck land. '.l'hos. H. :kiley •.......•....•• Brunswick

WILLIAMSBURGH CITY FIHE.

Warren Sparrow ...••.•...•••••..••.•.•••••••••.•••...•••••.••.....••.. Portland

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204 LlCENSED AGENTS.

MUTUAL COMPANIES OF OTHER STATES.

HOLYOKE MUTUAL FIRE.

S. P. Johnson ....•.•••••.....••• Bangor Geo. P. l>avenport ................. Bath Keating & Field ...•.•.•..••... Belfast ,J. M. Goodwin .............. Biddeford .J. W. Forsaith ...•.•..••.... Brunswick T . .E. Wharff & Son .. . . • • . . .. . . Calais Charles Cary ..••••....•... East Machias

P. Houghton ..••••.•••.•.•.••• Eastport Enoch Cousins .....••..•• Kennebunkport Frank A. Conant .............. Lewiston Dow, Coffin & Libby ............ Portland N. T. Tai but & Son ............ Rockport Fairfield & Emery ................. Saco

QUINCY MUTUAL FIRE.

J. II. Small. ................. Biddeford 0. K. Cobb ..................... Buxton Geo. W. Fiske ................ .Ellsworth Leverett Lord.. . . . • • . • . • • . . . . Hallowell W. Ji'. Lord •.•..•••.••••.••• Kennebunk 1£noch Couaens .•••••.•.. Kennebunkport D. H. Holman .•..•.•••.....•. Lewiston

W.W. Woodbury ............ Monmouth Frank A. Hart ................. Monson Dow, Coffin & Libby .........•. Portland Cochran & Sewall .............. Rockland N. T. Talbot & Son ............ Rockport Charles F. Jones ...••..•..... Skowhegan Franklin Wood ....••••••••••• Winthrop

TRADERS' A~D MECHANICS'.

Dow, Coffin & Libby .....•••.•••..••••.•••••••••..••••••..•••••••••••••• Portland

COMPANIES OF FOREIGN COUNTRIES.

BRITISH AMERICA.

A. A, Miller ................... Auburn George E. Macomber •.•••••••.. Augusta J. W. McClure ............ ,. .... Bangor George E. Morse .................. Bath George W. Fiske . • • • • . • • • . .. Ellsworth

Warren Sparrow ...•••••••••••• Portland C. F. Moffitt .................. Rockland Fairfield & Emery ................. Saco J. C. Griffin •..•.••.•••••••• Skowhegan Charles K. Mathews .••••••••• Waterville

CITY OF LON DON FIRE.

A. A. Miller ................... Auburn I Freeland Howe ••.••••.•.••••••• Norway W. J. Webb .................... Bangor Rollins & Adams .............. Portland W. C. Donnell ••.•••••••••••••• Houlton L. T. Boothby & Son ......... Waterville

COMMERCIAL UNION,

George E. Macomber ....••••••• Augusta Charles S. Pearl ................ Bangor George E. Morse ••.•••.•.••••••••. Bath S. D. Leavitt .................. Eastport Z. H. Greenwood ..•••••.•..• Farmington Josiah Maxcy & Sons ••••••••.. Gardiner

W. C. Donnell ................. Houlton D. Horace Holman •.•••••••••• Lewiston Rollins & Adams .••••••••••••. Portland Cochran & Sewall ••••••••••••. Rockland Charles F. Jones ..•••••••.••• i:,kowhegan L. T. Boothby & Son ......... Waterville

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L£CENSED AGENTS. 205

FIRE INSURANCE AS::,OCIATION.

A. A. Miller ....•••......••.... Auburn George E. Macomber ........... Augusta Charles S. Pearl. .........•...... Bangor Keating & Field ...........•.... Belfast Morris & Tatterson ...•.••••.. Biddeford George G. Wight ....•..•.....• Bridgton H. C. Parsons .....•....•........ Dexter ,

Samuel D Leavitt ...•••.•••.••. lfastport George W. Fiske ......•..•.... Ellsworth Augustus Bailey ...•••.••....• Gardiner William Allen, Jr •••••........ Portland Cochran & Sewall ......•••.... Rockland W. J. Wheeler ....••........ South Paris L. T. Boothby & :,on .....••.• Waterville

GUARDIAN ASSURANCE.

N. I. Jordan ....•••.•.•..•....• Auburn I A. J. Erskine ................. Rockland J. S. Ricker & Son.. . . . . . . . . . .. Bangor Fairfield & Emery ....•............ Saco James Pattee .•.....••.....•..... Delfast W. J. Wheeler .............. South. Paris William Allen, Jr .....••••..•• Portland

HAMBURG-BREMEN FIRE.

George E. Macomber, .....•.•.• Augusta I J. H. Humphreys ................. Bath Richard Kelleher •..•..•.....••• Bangor Morse & Pinkham •............ Portland

IMPERIAL FIRE.

Benjamin Davis, Farr & Co •..•. Augusta Charles S. Pearl ................ Bangor Ueorge E. Morse ...•••............ Bath John M. Goodwin ..•.....•.... Biddeford Frank Nelson .................... Calais W. W. Perry. . . , •..•••..•...•. Camden A. S. Hathaway ................. Canton Geo. E. Howard. . • . • • . . • . • .•.... Dover Samuel D. Leavitt .....•..•.•.. lfastport C. C. Burrill. ................. Ellsworth Zina II. Greenwood ...•. l!'armington !!'alls Seth W. Fife ................. Fryeburg J. Maxcy & Sons ....•••...•.•. Gardiner

Henry R. Millett ....•....••..•• Gorham William C. Donnell ............. Houlton D. Horace Holman ...••...•..•• Lewiston Dow, Coffin & Libby ............ Portland James Morrison, Jr •..••••••...• Phillips B. W. Harriman ....••.•••.... Readfield Cochran & Sewall •......••.... Rockland Albert N. Greenwood ... So. Norridgewock W. J. Wheeler .............. South Paris Albert E. Howard & Son ..... Waldoboro' L. T. Boothby & Son •.••.•... Waterville Seth Patterson, ...••• , .•.•..•. Wiscasset

LA CONF[ANCE.

Withdrew January, 1883.

LANCASHIRE.

A. A. Miller .................. Auburn Benjamin Davis, Fiirr & Co •.... Augusta Blake, Barrows & Brown .•••.... Bangor George P. Davenport ...••••...•••• Bath Keating & E'ield . . . . • . . • . . • .. Belfast Smith & Tibbetts ..•••..•.•..• Biddeford

T. H. Riley ................. Brunswick Frank A. <Jonant ....••••••.••• Lewiston Dow, Coffin & Libby ............ Portland Cochran & Sewall ••...•.•••.... Rockland Charles !!'. Jones ...••••••..•• Skowhegan William J. Wheeler ......... South Paris

LION FIRE.

Wiggins & Williams ...•.••••.••. Bangor I W. D. Little & Co ...••.•••..•• Portland

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206 LICENSED AGENTS.

LIVERPOOL AND LONDON AND GLOBE.

John Elliot ...................... Abbot Benjamin Davis, Farr & Co ••••. Augusta Blake, Ba.rrows & Brown •••••••• Bangor C. C. Burrill ................ Bar Harbor James B. Drake ................... Bath ,James Pattee .................... Belfast Morris & Tatterson •.••••••••• Biddeford C. C. Humphreys ............ Brunswick William Flye ••••••••••.••• Damariscotta Zina H. Greenwood ••.. Farmington Falls

W. B. Neal ................... Gardiner William F. Garcelon •.•••••••• Lewiston Freeland Howe ................. Norway Sterling Dow .................. Portland Cochran & Sewall .............. Rockland Chandler Tuttle •..•••••••••• Skowhegan Albert E. Howard & Son ...... Waldoboro' Charles K. Mathews .......... Waterville Richard H. T. Taylor .......... Wiscasset

LONDON & LANCASHIRE.

Blake, Barrows & Brown •••••••. Bangor James B. Drake ...•.•••••••••..••• Ba th Keating & Field ................ Belfast J. W .. Forsaith .....•••••••••. Brunswick Downes & Curran ••••••••••••••••. Calais Samuel D. Leavitt ............. Eastport

H. K. Morrell & Son ........... Gardiner Crawford & Tolles ..... Great Falls, N. H J. H. Bradford ................. Houlton William F Garcelon •....••.... Lewist,on Rolline & Adams ...••••.•••••.• Portland Cochran & Sewall .............. Rockland

LONDON AND PROVINCIAL.

Miller & Cummings .••.•.•.•.••. Auburn I Dow, Coffin & Libby •..••••.••. Portland J. S. Kimball & Son ............. Bangor George A. Carter .................. Saco

LONDON ASSURANCE CORPORATION.

Charles S. Pearl ................ Bangor I W. F, Garcelon ••...•••..•.•••. Lewiston George Fisher •.••.••••••••.••.•••• Bath Prentiss Lorinl! .• • • • • • • . • • • • •. Portland w. w. Perry ..•••••••••••••.••. Camden I Fairfield & Emery ................. Saco J. D. Anderson .................. Gray

METRO POLE. Withdrew May I, 1883.

NORTH BRITISH AND MERCANTILE. A. A. Miller ................... Auburn George E. Macomber .•.••••••• Augusta Blake, Barrows & Brown •••.•••• Bangor James Pattee ................... Belfast John H . .:imall ............... Biddef·>rd Downes & Curran ................ Calais

A. Bailey .........•.••••••.••. Gardiner J. A. Bucknam & Co •..•. Mechanic Falls Palmer & Anderson ••••.••.•••. Portland C. G. Moffitt ................. Rockland Albert .I!;, Howard........ Waldoboro'

NORTHERN ASSURANCE.

Benjamin Davis, Farr & Co ••••• Augusta Zina H. Greenwood .•.. Farmington Falls Charles S. Pearl ................ Bangor t-ieth W. Fife ................. Fryeburg George E. Morse ................. Bath B. A • .N cal & Sou .............. Gardiner Morris & Tatterson .•.•••••••• Biddeford William C. Donnell ............. Houlton Frank Nelson .................... Calais James .Morrison, Jr ............ Phillips H. C. Parsons ..•..•.•.•.•••••••• Dexter Palmer & Anderson ............ Portland Howard & Peaks ................. Dover Cochran & Sewall. ...•••.•.••.• Rockland A. S. Hathaway ................. Canton Albert N. Greenwood ... So. Norridgewock Samuel D. Leavitt .............. Eastport W. J. Wheeler.. . .. ........ South Paris C. C. Burrill .................. Ellrnorth L. T. Boothby & Son •..••..•• Waterville

NORTH GERM AN FIRE.

Dow, Coffin & Libby ••.•.••••••••••••••.••••••••••••••••••••••••.••.•••• Portland

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LICENSED AGENTS. 207

NORWICH UNION FIRE.

Jas. A. Fairbanks .............. Augusta I C. C. Garc~lon ••••••••••••.••• Lewiston Blake, Barrows & Brown .••.•••. Bangor Morse & Pmkham •••.•••••• , ••• Portland

PH<ENIX ASSURANCE.

A. A. Miller .................... Auburn

1

1 W. D. Little & Co .•.••••..••••• Portland Richard Kelleher .••..•••••••.••• Bangor Cochran & Sewall .••••..•.•••. Rockland Jas. B. Dtake .................... Bath L. T. Boothby & Son •.••••••• Waterville

QUEEN.

Geo. E. Macomber •..••.• , •.••• Augusta Blake, Burows & Brown ••••.••• Bangor J as. B. Drake .................... Bath George W. Fiske .•.•••.•••...• Ellsworth A. L. Berry ..•••••••••.••...•. Gardiner

J. H. Bradford ..•••••••..•.•••. Houlton D. H. Holman •••••••••••••.••• Lewiston Sterling Dow .••.•••••••••••.•• Portland Cochran & Sewall .•.•••••••.••. Rockland

ROYAL.

Benj. Davis, Farr & Co .•••••••• Augusta Blake, Barrows & Brown •••••.•. Bangor Jas. B. Drake .••••••••.••.•.••••. Bath Keating & Field .. .. . . . . . .. •... Belfast C. C. Humphreys •..••••.•.•. Brunswick Downes & Curran ................ Calais Samuel D. Leavitt .•.••.••••••. Eastport Augustus .Bailey •...••••••.•••. Gardiner J. H. Bradford ••••••••••••.•..• Houlton

W. F. Garcelon.. . •••••.••.••. Lewiston Rol!ins & Adams ..•••••••••••. Portland Cochran & Sewall .••••••••..•. Rockland Charles C. Hobbs ••••••••• South Berwick William J. Wheeler .•••••••• South Paris William B. Creamer •.•.••.•• Waldoboro' John Ware •...••.••••.••.... Waterville Crawford & Tolles .•••• Great Falls, N. H

SCOTTISH UNION AND NATIONAL.

Rollins & Adams ....••••.••••.••.•••••.•••••••••.••.•••••.•••••.•...••. Portland

*STANDARD FIRE OFFICE.

N. I. Jordan •..•••.••.••••.••• Auburn .J. S. Ricker & Son .............. Bangor G. II. Clark ..•••••••••••••••••••• Bath George E. Wallace ...•.••••••••• Belfast

George W. Fiske •••.•.•.••••.• E1lsworth Palmer, Dow & Anderson ...•••• Portland C. G. Moffitt .................. Rockland

SUN FIRE OFFICE.

Miller & Cummings •..•.•...•••. Auburn I George E. Howard ................ Dover J. S. Rieker & Son .............. Bangor John F. Woods .............. Farmington John H. Small ................ Biddeford Charles A. Sparrow ........... Portland

TRANSATLANTIC FIRE.

William D. Little & Co •••••.••••••••.••..•..••••••.••••..•• , •• , .•••.••. Portland

WESTERN ASSURANCE.

A. A. Miller .. : ................ Auburn I William 0. McDonald •.••••••• Ellsworth George E. Macomber •....•.••.. Augusta I W. D. Little & Co ............. Portland Charle.a P. Wiggin .............. Bangor Georgo A. Carter & Co ............. Saco ~eor~o P. D~venport .............. Bath Ch~rles F. Jones ............. Skowhe~au Keating & Field . , ••...•• , ••.... Belfaist L. r. Boothby & Son •.•••.... Waterv1llo

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INDEX TO PART I.

Fire and Marine Insurance.

PAGE •.

Introduction . • • • • . • • . . . . . . • • . . • • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • . • • • iii Maine Insurance Companies .••• , • • • • . • • • • • • . . . • . • • • • . • • • • • • • • • • . • • • • • • • . . iv Companies of other States and Foreign Countries ••• , • • • . • • • • . . • . • . • . • . • . • • • • iv Fire, Fire-Marine and Marine Insurance Companies authorized to do business

in Maine............................................................. iv Companies admitted • • • • • • • • • • • • . • . • . . • • • . • • • . • • • • • • . . • • • • • • . • • • • • • • • • . • vi Companies withdrawn·........... •• . • .• • • • . • . • • •• • • • . • . . • .. •. • • •• •• • • •. •• vi Insurance legislation of 1883..... . . . . • . • • . • • . . . . • . . • • • . . . . . • • . • . • . . • • . • . • vii Business of 1882..... . . • . . . • • . . . . • . • . . . • . . • . • . . • . . • . • . . . • . • . • •• • • • . . . . . • . vii

Table I. II.

III. IV. v.

STATISTICAL TABLES.

Capital, Assets, Liabilities, Surplus, Income and Expenditures.... x Items composing Assets .••••..••.•••••••.•••• ,................ xiv Items composing Liabilities . .. . . • • . . • • • • • • • • • • • • • . . • • • . • • • . • • • xviii Items composing Income .• . . • • . • . • • • • • . • • • • • • • . • • • • • • • • • . • • . . • xxii· Items composing Expenditures................................ xxvi

VI. Risks in force, risks written, premiums received, etc..... . • • • . • • • xxx VII. Business in Maine . . . . . . . • . • • • • • . • • • • . • • . • • . • • • • • • • • • • • • • • • . • xxxiv

VIII. Assets, risks, etc., of Maine Mutual Companies .•••...•.•.•..... xxxviii

COMP ANY ABSTRACTS.

MAINE STOCKS COMPANIES.

Merchants' Marine Insurance Company,................................... 3: Ocean Insurance Company ••••...•••••••.••.•••••.•.•••.•••••••••••••• ._. 5. Union Insurance Company •..•..•.•..•.•. , ••••.•••.•••••.•.•••.•.••••• , • • • 7

STOCK COMPANIES OF OTHER STATES,

.lEtna Insurance Company, Conn..... • • • • . • • • • • • • • • • • . • • • •• •• • • • • • • • • • • • • . • 11 American Central Insurance Company, Mo..................... • . . • ••• • .. • • 13 American Fire Insurance Company, N. Y.... ..•• .. .• .• . • .. •• .••• •. •• •• • . . . 15 American Fire Insurance Company, Pa.,................................... 17 Atlantic F. and M. Insurance Company, R. I............................... 19, Boston Marine Insurance Company, Mass.............................. •• • • 21. Buffalo German Insurance Company, N. Y • . . • • • • . • • . • • . • • • • • • • • • • • . • • • . . • • 23, Commerce Insurance Company, N. Y............... •. • • • • • • . . • • •• . . •• • • •• • • 25 Connecticut Fire Insurance Company, Conn................................. 27 Continental Insurance Company, .N. Y ••••••••••••• •••• •••• •••• •••• •••• •••• 29•

17

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210 INDEX.

PAGE.

Dwelling House Insurance Company, Mass................................. 31

Eliot Insurance Company, Mass........................................... 33

Equitable F. & M. Insurance Company, R. I • .. .. • • .. .. .. • • .. .. .. .. .. .. .. . . 35

Farragut Fire Insurance Compa.ny, N. Y....... ... • . .. • .. . • .... .... .. . . .. .. 37 Fire Association, Pa •..••.....•.••••••.••.•.•••••..••.•••..• , ....•• , . • • • . 39 Firemen's Fire Insurance Company, Mass ................................. , 41 First National Fire Insurance Company, Mass.. . .. ... • .. .. . .. . •• .. .. .. .. .. 43

Franklin Fire Insurance Company, Pa •..•.••••• ,.......................... 45 German American Insurance Company, N. Y... ...... .• .. • • .. • • . • • • ... • . . • • 47 Germania Fire Insurance Company, N. Y,.. .... .... .... .... .. .. ...... •• .. •• 49 Girard F. & M. Insurance Company, Pa........ .. • .. .. .. .. .. .. .... ... . .. •• 51

Gloucester Fire Insurance Company, Mass ............................... ,.. 53 Hanover Fire Insurance Company, N. Y........... • • • • . . . • .. • • .. .. . . . • . . . • 55

Hartford Fire Insurance Company, Conn................................... 57 Home Insurance Company, N. Y... . • • . . . • . • • . • . • . • . • • • . • • • . . . . . . . . . . • . • • • • 59 Howard Insurance Company, N. Y........ .. .. .. .. .. .. ... . .. .. . .. • .. .. ... • 61

Insurance Company of North America, Pa................................. 63 .Insurance Company of the 8tate of Pennsylvania, Pa....................... 65 .Manufacturers' and Builders' Insurance Company, N. Y. .... .. .. .. • . .. • . . . . . 67 :Manufacturers' F. & M. Insurance Company, Mass.......................... 69 .Merchants' Insura.nce Company, N. J.. .. . . . . . . . . . . . . . . . . . . .. . . . . . . .. . . . . . . 71

.Merchants' Insurance Company, R. I...................................... 73 :\Meriden Fire Insurance Company, Conn.................................... 75 ~National Fire Insurance Company, Conn................................... 77 :National Fire Insurance Company, N. Y... •• .. . • .. .. .. .. .. . .. . ... . .. .. .. .• 79 Neptune F. and M. Insurance Company, Mass.............................. 81 Newark Fire Insurance Company, N . .J. ... .... .. .. .. .. .. .. .. .. .. . . ... . . . .. 83 New I-Iamp~hire Fire Insurance Company, N. H . ... ... • .. .. .. .. .. . • .. . . .. . • 85 New York Bowery Fire Insurance Company, N. Y.... .... .. .. ... • .. •• .. • • . . Si

Niagara Fire Insurance Company, N. Y.... ... . .••• .... .. .. .. .. ... . .. .. ... • 89 Northwestern National lnaurance Company, Wis............................ 91

Orient Insurance Company, Conn.......................................... 93 Pacific Fire Insurance Company, N. Y. •• •• •• • . • ••• •• • • •• • • •• •• • • • • . . • • . • . • 95 Pennsylvania Fire Insurance Company, Pa................................. 97 Phenix Insurance Company, N. Y. .... .... .... .... .... .. .. .. .• .. .. .. •. .... 99 Phrenix Insurance Company, Conn . .. • .. .. • . .. .. .. .. .. .. • • .• • . .. .. .. .. . .. • 101

Prescott insurance Company, Mass........................................ 103

Providence Washington Ineurance Company, R. I....................... •• • • 105 Rochester German Insurance Company, N. Y ........................... , . . . 107 Securityffnsura11ce Company, Conn........................................ 109 Shoe \nd Leather Insurance Company, Mass................................ 111

Springfield F. and M. Irn1urance Company, Maas............................ 113

Star Fire Insurance Company. N. Y .... .. .. .. .. .... .. .. .... .... .... .... . . . 115

Sterling Fire Insurance Company, N. Y .... .... ... . . .. . .. .. .. .. .. . • . . .. .. .. 117 Union Insurance Company, Pa . . . . • • • .. . . .. • • .... .. .. ... • .. .. • ... .• • • .. • • 119

United States Fire Insurance Company, N. Y. .... .... .... •••• .... .... .... .. 121 Washington F. and l\I. Insurance Company, Mass........................... 123

Westchester Fire Insurance Company, N, Y.... .... •• .. .. •• .... •• .• •• •. . • • • 125

Williamsburg City Fire Insurance Company, N. Y...................... .. .. 127

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INDEX. 211

MUTUAL COMPANIES 011' OTHER STATES, PAGE,

Holyoke Mutual Fire Insurance Company, .Mass ............... ,.u.,., •• •• •• .. 131 Quincy Mutual Fire Insurance Company, Mass • . . • • • • • • . • .. . . • • .. .. . • . • • .. • 133

Traders' and Mechanics' Insurance Company, .Mass .............. ••.u.H.. .... 135

CoMPANIES OF FOREIGN COUNTRIES.

British America, Canada ...•.....••..••.•••••••••••••••••.•••••••. ·A·•·• • ... •. 139'

City of London Fire Insurance Company, England................... • • •.• • ••.•. 1.41

Commercial Union, England . • • . • • . • . • • . • • • • . • • . . • • • • • • • • • . • . • • • • • • •.•.• •.•.•.•. 114:3; Fire Insurance Association, England.. , • • . • • • . . • • • • • • • • • • • • • • • • • • . • • • • •.• • • 1J4l.5,

Guardian Fire, England ..•.••• , • • • • • . • • . • • . • • • • • . • • • . • • . • • • • • • • • • • • • • • •.• 14:7' Hamburg-Bremen Fire, Germany .. • • • • . • • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • •.•.• 14i9• Imperial Fire, England . . • • • • • • . • . • • . • • • • . • • • • • • . • • • • • • • • • • • • • • • • • • • •. • • • • 1511 La Confiance, France................. . . . • • • • • • • . • • • • • . • • . •• • • • • • •• •.•..••• 153, Lancashire, England , .•••••••••••••••• , ••.•••••• , •••••••••••••••••••• OA •.•• 155.

Lion Fire, England .. • • • . . . • • .. • • . . .••• , •••• , • • • .. .. • • • • • • • • .. • • .. •.• . . • . 15'i Liverpool and London and Globe, England .. • • • • • .. • • .. • .. • .. .. • .. • • • ... . .. • 159,

London and Lancashire, England ..•••••••••••••••••••• , • • • • • • • • • • • • . • • • • • • 1611

London and Provincial, England. . . • • • • • • • • • • • • • • • • . • • • • • • . • • • • • • • • • • • • •.•.• 163: London Assurance Corporation, England . . . • • • • • • • • • • • • • • • • • • • • • • • • • • • •. • • • • 165, Metropole, France, ......••••.•.••.•••••••••• , . • • • • • • • • • • • • • • • • • • • • • • • •.•.• 16T

North British and .Mercantile, G. B... •• •• .. • • •• •• .... •• •• •• •• •••. ••• ..•••• 169· Northern Assurance, England.............................................. 1711 North German Fire, Germany......... • • • • •• • • • . • • • • •• •• • • •. • • •• •• •• • • • • • • 1,73;

Norwich Union Fire, England............................................. 175, Phoonix Assurance, England.. • • • • • • • • .. • • .. .. .. .. • • • • .. .. .. .. .. • • • • • • .. .. 177·

Queen, England.. • • • • • • • • • • • • • • • • • • • • . • • • . • • • • • • . . • • • • • • • • • • • . • • • • • • • • • • • 179•

Royal, England.......................................................... 181 Scottish Union and National, Scotland..... • • • • .. .. •• • • • • • • • • • • • • • • .. • • . • • • 183.

Standard Fire Office, England. • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 185, Sun Fire Office, England.................................................. 187. Transatlantic Fire, Germany...... • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • 189, Western Assurance, Canada............................................... 191

Licensed Brokers •••••••••••••..•.••.•••.••••.•••••• , •••••••• , • • • • • • • • • • • 195

Licensed Agents of Maine Mutual Companies............................... 196, Licensed Agents of Stock Companies of other States • • • • • • • • • • • • • • • • • • • • • • • • • 197·

Licensed Agents of Mutual Companies of other States ••..•••••••• , ••• , • • • • • • • 204.. Licensed Agents of Companies of Foreign Countries •••••••••• , •• , •• , • • • • • • • • 204:


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