Maine. Insurance Dept.

Annual report of the Insurance Commissioner, Volume 28 online

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All other demands against the company 8,087 96



Total liabilities except capital ... 180,829 60

Cash capital $800,000 00

Surplus beyond all liabllitiefi.... 87,02185

Surplus as regards policy holders 887,(^1 85

Gross liabilities and net surplus $567,85145



INCOME.

Net cash received for premiums, (fire) $236,858 00

Received for interest on stocks and bonds and all other sources 21,801 51

Gross cash income $266,66$ 51



EXPENDITURES.

Ket amount paid for losses (Are) $124,551 45

Cash dividends actually paid 18,182 00

Paid for commissions or orokerage 50,476 78

Salaries and other charses of officers, clerks and employes 24,266 41

Paid state, national and local taxes 5,989 58

All other expenditures 10,725 08

Gross cash expenditures $234.09115



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J



48 AMERICAN INSURANCE COMPANY.



RISKS AND PREMIUMS.

Fire Rishi. PremiumM.

In force December 31, 18M SS3.996.1M I898.M6 48

Written during the year 26,416,388 388,517 36

Total K»,412.681 $676.422 84

Expired and terminated 27,805,050 308,286 28

In force at end of the year $32,107,581 $368,156 06

Deduct amount re-insured 3,818,722 45,225 88

Netamountin force $28,288,809 $322,fl80 70

MISCELLANEOUS.

Premiums received from oivanlzatlon of company #11,512,62$ tt

Losses paid from organization of company 8,019,264 00

Fire losses incurred during the year 122,838 72

Cash dividends declared from organization of company 2,679,500 00

Dividends declared during the year 18,000 00

Company's stock owned by directors 47,100 00

BUSINESS IN MAINE.

Risks written (fire) $391.423 00

Premiums received 5,729 95

Losses paid 2,596 85

Losses incurred 2.499 33



AMERICAN INSURANCE COMPANY,

NEWARK, N. J.

Incorporated in 1846. Commenced Business in 1846.
F. H. HARRIS. PresidetU. J. H. WORDEN, Secr^ary.

Cash Capita], $600,000.



ASSETS.

Real estate owned by the company, unincumbered .' $ 258.977 20

Loans on mort^rage of real estate, (first liens) 1,470.422 06

Interest due and accrued thereon 23,406 95

Stocks and bonds owned by the company, market value 764.440 00

Cash in company's principal office 2,747 60

Cash deposited in bank 83,00103

Interest due and accrued on stocks and bonds 8,971 06

Gross premiums in due course of collection 44,747 94

All other assets 1,992 85

Grosa assets $2,608.799 29

LIABILITIES.

Losses adjusted and unpaid $14,477 97

Losses unadjusted. Including all reported losses 31,350 12

Losses resisted 6,900 00

Gross amount of claims for losses $52.787 00

Less re-insurance 1,332 74



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AMERICAN INSURANCE COMPANY. 49



Net amount of an paid losses $51.404 35

Unearned preminros on outstanding risks 483,073 82

All other demands against the company 15,890 21



Total liabilities except capital 550.368 38

Cash capital $ 600.000 00

Snrplas beyond all liabilities 1,453,430 91

Surplus as regards policy holders 2,06.H,430 91

Gross liabilities and net surplus #2,603,799 29

INCOME.

Net cash received for premiums, (fire) $522,817 96

Received for interest on mortgages 76,64178

Received for interest on stocks and bonds and all other sources 85,753 18

Income from all other sources 1,34110

Gross cash income $686,554 02



EXPENDITURES.

Net amount paid for losses, (fire) $227,607 29

Cash dividends actually paid 61,225 26

Paid for commissions or brokerage 97,232 85

Salaries and other charges of ofQcers, clerks and employes 50,176 84

Paid State, National and local taxes 21,786 64

All other expenditures 31,265 59

Gross cash expenditures $189,248 9$

RISKS AND PREMIUMS.

Fire Risks. Premiums.

In force December 8), 1894 $106,714,667 $1,000,673 64

Written during the year 68,438,777 666,79*06

Total $174,173,444 $1,667,367 69

Expired and terminated 67,216,248 668,60196

In force at end of the year $106,957,196 $998,765 73

Deduct amount re-insured 3,967,065 39,8H7 06

Net amount in force $102,990,131 $968.868 68



MISCELLANEOUS.

Premiums received from organization of company $9,828,369 60

Losses paid from organization of company 3,820,258 96

Fire losses incurred during the year 230,499 85

Cash dividends declared from organization of company 2,042.360 26

Dividends declared during the year 60,000 00

Company's stock owned by directors 28,935 00

BUSINESS IN MAINE.

Risks written (Are) $249,525 00

Premiums received 2,733 71

Losses paid 49 20

Losses incurred 79 20



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50 AMERICAN FIRS IN8URANCB COXPAHT.

AMERICAN FIRE INSURANCE COMPANY.

PHILADELPHIA, PENN.



INOORPOBATBD Dl 1810. COMMBirOBD BUSnrSSS DT IblO.
THOS. H. MONTGOMERY, PruidmU, RICHARD MARrs, Secretary.



Cash Capitol, #500,000.



ASSETS.

Real estate owned by the oompany, anlnonmbered tS5ft,0U 81

Loanii on mortgage of real estate (first lienb) 1,101,364 18

Interest due and aocmed tbereon 31,6W 78

Stocks and bonds owned by tbe company, market yalne 789,816 66

Loans secured by collateral 66,i00 00

Casb in company's principal office 11,668 84

Cash deposited in bank 76,888 76

Interest due and accrued on collateral loans 684 80

Gross premiums in due course of collection 81,616 61

All otber assets 7,426 66

Gross assets 48.408.684 68

ITEMS, nrOLUDBD ABOTS, NOT ADMITTBD.

American Fire Insurance Co., Stock 8848 00

LIABILITIES.

Losses adjusted and unpaid 8 18,666 07

Losses unadjusted, including all reported losses 128,648 86

Losses resisted 88,188 18

Net amount of unpaid losses 170,884 11

Unearned premiums on outstanding risks 868,867 86

All otber demands against tbe company.. 677,874 68

Special deposits in excess of liabiliues tbereon 46,006 68



Total liabiliUes except capital 81,646,478 87

Casb capital 8600.000 00

Surplus beyond all liabiliUes 864,112 96

Surplus as regards policy bolders 764,113 26

Gross UabUities and net surplus 88,408,684 68

INCOME.

Net casb receiyed for premiums, (fire.) 81,184,164 07

Receiyed for interest on mortgages 68,486 06

Receiyed for interest on stocks and bonds and all otber sources 41,077 66

Income from all otber sources 14,118 87

Gross casb income 81,888,840 76

EXPENDITURES.

Net amount paid for losses $896,673 70

Casb diyidends actually paid 87,600 00

Paid for commissions or orokerage 218,186 64

Sslaries and otber cbarses of officers, clerks and employes 108,750 00

PaidState, national and local taxes 88,086 87

All otber expenditures 100,996 06

Gross casb expenditures $1,804,196 87



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▲MSBICAM CENTRAL INSUBANCB COMPANY. 51



RISKS AND PREMIUMS.

FUre JHiks. Premiums.

In foroe December 81. ISM $161,651,860 $2,106.486 35

Written during the year 1U,7$8.046 1.460.088 76

Total $2784UM).406 $8.665.d» 01

Expired and terminated 186382.100 1.687.286 67

In force at end of the year $162,868,806 $1,828,285 84

Deduct amount re-lnsnred 6,888.408 80.868 16

Net amount in force 8146.668.887 $1,847,486 19

Perpetual risks In force. 828,176.604. Premiums. 8016.666.12.

MISCELLANEOUS.

Premiums receired from organization of company $88,778,166 88

Losses paid from organization of company 17,888,216 82

Fire losses incurred durlngtbe year 700,614 60

Casta diyidends declared from organization of company 2,688.886 62

Dividends declared during the year 27.600 00

Company's stock owned by directors 24,400 00

BUSINESS IK MAINE.

Risks written (Are) $485.18100

Premiums received 6,846 48

Lossespaid 8,020 81

liosses incurred 2,470 81



AMERICAN CENTRAL INSURANCE COMPANY.

ST. LOUIS, MO.

IKCORPORATBD IN 186S. COMMKNCKD BU8IKE88 IK 1858.
GEORGE T. CRAM, Preiident, JOHN H. ADAMS. Secretary,

Cash Capital, $600,000.



ASSETS.

Beal estate owned by the company, unincumbered 8600,000 00

I#oanson mortgage of real estate, (first liens,) 81.000 00

Stocks and bonds owned by the company, market value 7^7.(Nlu flo

lioans secured by collateral 100,2»l 83

Cash in companv*8 principal office f^ 86

Cash deposited in bank 99,102 86

Gross premiums in due course of collection 82,970 47



Gross assets. 81,661,187 11

LIABILITIES.

Ix>sses adjusted and unpaid $28,61198

XfOtises unadjusted, including all reported losses 80,550 20

liOsses resisted 80.86180



Gross amount of claims for losses 141,048 48

Less re-insurance 7.048 48



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52 AMERICAN CENTRAL INSURANCE COMPANY.



Net amount of unpaid losses $184,000 00

Unearned premiums on outstanding risks .... 6^,000 01

All other demands against the company 13,945 57

Special deposits in excess of liabilities thereon 47,153 56

Total liabiliUes except capital $857,099 14

Cash capital $600,000 00

Surplus beyond all liabilities 204.087 97

Surplus as regrards policy holders $804,067 97

Gross liabilities and net surplus $1,1161,187 11

INCOME.

Net cash received for premiums (fire) $802,605 25

Received for interest on stocks and bonds and all other sources 52,802 41

Income from all other sources 22,045 92

Gross cash income $877,548 58

EXPENDITURES.

Net amount paid for losses (fire) $484,220 25

Cash dividends actually paid 60,000 00

Paid for commissions or orokerage 123,385 97

Salaries and other charges of officers, clerks and employes 64,998 11

Paid State, National and local taxes 16,828 20

All other expenditures 99,232 10

Gross cash expenditures $848,664 68

RISKS AND PREMIUMS.

Fire Rukt, Premiumt.

In force December 81, 1894 $108,358,241 $1,290,635 68

Written during the year 78,260,448 1.008,226 95



Total $181,618,689 $2,298,862 68

Expired and terminated 73,127,534 954,388 29

In force at end of the year $108,491,155 $1,844,474 84

Deduct amount re-insured 3,353,034 38,637 37



Net amount in force $105,138,121 $1,306,836 97

MISCELLANEOUS.

Premiums received from organization of company $16,749,612 80

Losses paid from organization of company 8.570,669 20

Fire losses incurred during the year 506,436 21

Cash dividends declared from organization of company 1,166,412 40

Dividends declared during the year 60,000 00

Company's stock owned by directors 74,430 00

BUSINESS IN MAINE.

Risks written (Are) $222,880 00

Premiums received 3,968 77

Losses paid , 3,153 61

Losses incurred 3,153 61



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ARMENIA INSURANCE COMPANY. 53

ARMENIA INSURANCE COMPANY,

PITTSBURGH, PENN.



Incorporated in 1872. Commencbd Businbss in 1872.
J. G. WAINWRIGHT, Pretideni. W. D. McGILL. Secretary,

Cash Capita], $250,000.

ASSETS.

Real estate owned by tbe oompany, nnlncurabered I 46,797 17

Loans on mortini^e of real estate, (first liens) 242,530 81

Interest due and accrued tbereon 5,488 81

Stocks and bonds owned by tbe company, market value 24,960 00

Loans secured by collateral 8,600 00

Cash in company's principal office 1,824 17

Cash deposited in bank 6.841 U

Interest due and accrued on stocks and bonds 350 00

Interest due and accrued on collateral loans 15 00

Gross premiums in due course of collection 35,007 86

All other assets 489 17

Gross asseto $361.968 92

LIABILITIES.

Losses adjusted and unpaid 94.490 96

Losses unadjusted, including all reported losses 8,060 67

Losses resisted 3,416 66

Net amount of unpaid losses $16,967 28

Unearned premiums on outstanding risks -84,828 46

All other demands against the company 6,553 47

Total liabilities except capital $105,844 31

Cashcapital $260.000 00

Surplus beyond all liabUities 6,144 71

Surplus as regards policyholders 866,144 71

Gross liabilities and net surplus $861,988 92

INCOME.

Net cash received for premiums, (fire) $111.893 86

Received for interest on mortgages 12,662 12

Received for interest on stocks and bonds and all other sources 1,600 00

Income from all other sources 3,176 42

Gross cash income $128,720 90



EXPENDITURES.

Net amount paid for losses (fire) $64,88166

Cash dividends actually paid 222 00

Paid for commissions or brokerage 31,789 69

Salaries and other charges of officers, clerks and employes 5,600 00

Paid state, national and local taxes 8,140 08

All other expenditures 9,306 68

Gross cash expenditures $104,843 06



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54 BOSTON MABINE INSURANCE COMPANY.



RISKS AND PREMIUMS.

Fire Risks. Frtmiuwu,

In force December 81,1894 $§,497,783 $121,878 11

Written dnrluR the year 13,284,902 148,604 88

Total. $21,002,684 $264.782 48

Expired and terminated.... 8,878,728 100,065 60

In force at end of the year $12,818,906 $164,72674

Deduct amount re-insured 822,688 4,708 86

Net amount in force $12,491,218 $160,028 89

MISCELLANEOUS.

Premiums receiyed from organization of company •1,852,106 00

Losses paid from organization of company 691.407 24

Fire losses incurred during the year 68,089 70

Cash dividends declared from organization of company 887,600 00

Company's stock owned by directors 84,800 00

BUSINESS IN MAINE.

Risks written ^flre) $12,000 00

Premiums received 174 80



BOSTON MARINE INSURANCE COMPANY.

BOSTON, MASS.

IMGOSPOKATBD IN 1678. COMMBNCED BUSINESS IN 1871.
RANSOM B. FULLER, President. THOMAS H. LORD. Secretary.

Cash Capital, $1,000,000.

ASSETS.

Real estate owned by the company, unincumbered $ 81,740 78

Loans on mortgage of real estate, (first liens,) 1,069,840 00

Interest due and accrued thereon 6.762 72

Stocks and bonds owned by the company, market value 1,182,019 00

Loans secured by collateral 81,960 00

Cash in company's principal office / oit iu oo

Cash deposited in bank I 217.114 22

Interest due and accrued on stocks and bonds 4,181 88

Gross premiums in due course of collection 182,229 88

Bills receivable, not matured, taken for premiums 214,562 56

Gross assets $2,828,840 m

LIABILITIES.

Losses adjusted and unpaid )

Los9es unadjusted, including all reported losses . «. \ $224,849 OO

Losses resisted )

Unearned premiums on outstanding risks 847,09107



Total liabilities except capital $572,040 07

Cash capital $1,000,000 00

Surplus beyond all liabUities 1,266,800 92

Surplus as regards policy holders 42,266,800 92

Gross liabilities and net surplus $2,828,840 99



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BOSTON MARINE IN8UBAN0B COMPANY. 55



INCOME.

Net cash reeeired (or premium8( marine) $869,484 06

Received for interest on mortgages 41,476 98

Receired (or interest on stocks and bonds and all other sooroes M,176 86

Income from all other sources 2,488 S8

Gross cash income 1969.666 §1

EXPENDITURES.

Net amonnt paid for losses (marine) 9717,668 40

Cash dividends actoaUy paid 100,000 00

Paid (or commissions or brokerage 16,666 41

Salaries and other charges of officers, clerks and employes 54,886 60

Paid State, National and local taxes 6,86188

All other expenditures 60,684 87

Gross cash expenditures 9966,687 01

RISKS AND PREMIUMS.

Marine, Premium$,

In force December 81. 1894 910.171.910 9411,080 04

Written during the year 67,877,697 964,266 70

Total 968,049,616 $1,866,886 74

Expired and terminated 58.629,496 1,001,646 88

In force at end o( the year 99,420.120 9863.690 86

Deduct amount re-insured 441,962 15,999 29



Net amount in (orce 98,978,168 9847,69107

MISCELLANEOUS.

Premiums received (rom organization o( company $24,828,974 82

Losses paid (rom organization o( company 17,000,970 88

Marinelosses incurred during the year 7H7,«90 97

CaHh dividends declared (rom organization o( company 1,730,000 00

Dividends declared during the year lOO.OOO 00

Company's stock owned by directors 105,100 60

BUSINESS IN MAINE.

Risks written (marine) 9634,84100

Premiums received 7,76124

IJossespaid 257 27

liosses Incurred 215 00



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56 BDFFALO GERMAN INSURANCE COMPANY.

BUFFALO GERMAN INSURANCE COMPANY.

BUFFALO, N. Y.



IFCOBPOSATED IN 1867. COMMBMCED BUSINESS 1867.
PHILIP BECKER, President, OLIVER J. EGUERT, Secretary,

Cash Capital, $200,000.



ASSETS.

Real estate owned by the company, unincumbered $802,112 7S

Loans on mortgage of real estate (first liens) 646,860 00

Interest due and accrued tbereon 5,162 96

Stocks and bonds owned by the company, market value 000,879 48

Loans secured by collateral '•• 163,200 00

Cash in company's principal office 2,667 07

Cash deposited in bank 106,80194

Interest due and accrued on stocks and bonds 8,21125

Interest due and accrued on collateral loana 300 00

Gross premiums in due course of collection 44,962 87

Bills receivable, not matured, taken for premiums 2,946 20

All other assets 1,91b 76

Gross assets 91.778,41178

LIABILITIES.

Losses adjusted and unpaid 9 8,180 68

Losses unadjusted, including all reported losses 17,706 00

Losses resisted 2,900 00

Net amount of unpaid losses $ 28,786 68

Unearned premiums on outstanding risks 868,690 09

All other demands against the company 8,601 00

Total liabiUties except capitol 9886,986 67

Cash capital $ 200,000 00

Surplus beyond all liabilities 1,192,426 06

Surplus as regards policy holders 1,892,496 06

Gross liabilities and net surplus $1,778,411 78

INCOME.

Net cash received for premiums, (fire) $420,486 82

Received for interest on mortgages ■ 82,402 28

Received for interest on stocks and bonds and all other sources ....... 27,858 45

Income from all other sources 22,061 61

Gross cash income $508,408 06

EXPENDITURES.

Net amount paid for losses (fire) ■ $209,079 06

Cash dividends actually paid 50,000 00

Paid for commissions or brokerage 87,196 15

Salaries and other charges of officers, clerks and employes 28,624 27

Paid State, national ana local taxes 8,266 89

All other expenditures 32,468 18

Gross cash expenditures $416,528 56



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CAPITAL FIRE INSURANCE COMPANY. 57



RISKS AND PREMIUMS.

Fire Risks. Premiums,

In force December 81, 1894 867,492,712 $739,563 47

Written daring the year 42,287,586 489.848 54

Total $109,780,298 $1,228,902 01

Expired and terminated 44,518,992 515.059 10

In force at end of the year $65,211,806 $713,842 91

X>edQct amount re-insured 1,221.120 12,032 83



Net amount in force $83,990,186 $701,810 08

MISCELLANEOUS.

Premiums received from organization of company $8,200,072 90

Losses paid from organization of company 4.221.4U 88

Fire losses incurred during the year 206,050 18

Cash dividends declared from orgranization of company 875,925 00

Dividends declare<l during the year 50,000 00

Company's stock owned by directors 60,800 00

BUSINESS IN MAINE.

Risks written (fire) $171,820 00

Premiums received 2,862 28

lK>88es paid « 2,259 79

Losses incurred ■ 2,222 60



CAPITAL FIRE INSURANCE COMPANY,

CONCORD, N. H.

IMCOSPORATBD IN 1886. COMMRMGBD BUBINBSB IM 1886.
LTMAK JACKMAN, President, CHAS. L. JACKMAN, Secretary,

Cash Capital, $200,000.



ASSETS.

Beal estate owned by the company, unincumbered $100,887 08

Loans on mortgage of real estate, (first liens) 67,985 00

Interest due and accrued thereon 612 06

Stocks and bonds owned by the company, market value 170,400 00

Cash in company's principal office 2,424 11

Cash deposited in bank 86,322 80

Interest due and accrued on stocks and bonds $31 67

Gross premiums in due course of collection 51,217 85

All other assets, viz : Due from other companies for re-insurance 2,652 54

Gross assets $422,882 08

LIABILITIES.

Losses adjusted and unpaid $13,376 17

Losses unadjusted, including all reported losses 15.155 13

Losses resisted 700 00

Gross amount of claims for losses $29,23180

Less re-insurance 810 08



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58 CAPITAL FIRE IK8UBANCE COMPANY.



Net amount of unpaid losses $88,42127

Unearned premiums on outstanding risks 135,*13 24

All other demands against tbe company 42,156 If

Total liabilities except capital 9206.489 70

Cash capital 9200,000 00

Surplus beyond aU liabUitles 16.882 88

Surplus as regards policy holders 216.802 88

Gross liabilities and net surplus 9422.882 08

INCOME.

Net cash received for premiums, (fire) 9106.788 06

Received for interest on mortgages 8,728 82

Received for interest on stocks and bonds and all other sources 7.328 88

Income from all other sources 6,014 46

Gross cash income 9222,862 80

EXPENDITURES.

Net amount paid for losses (fire) 9106.08191

Cash dividends actually paid 8,000 00

Paid for commissions or orokerage 62,787 88

Salaries and other charges of officers, clerks and employes 6^74 72

Paid 8tate, national and local taxes 4,3$)6 68

All other expenditures 8,246 44

Gross cash expenditures 9185,887 18

RISKS AND PREMIUMS.

Fire JtUkt, Premiumi.

In force December 81. 1894 928,626.127 9828.735 87

Written during the year 20,853.186 299,778 56

Total 944,478,828 9628.613 88

Expired and terminated 22,787,628 317,863 12



In force at end of the year 921,690,696 9306,650 81

Deduct amount re-insured 2,820,651 40,856 58

Net amount in force 918.870,144 9265,296 28

MISCELLANEOUS.

Premiums received from organization of company $1,553,156 00

Losses paid from organization of company 499.S90 81

Fire losses Incurred during the year 123,234 28

Cash dividends declared fi-om organization of company 61,614 00

Dividends declared during the year 8,000 00

Company's stock owned by directors 66,100 00

BUSINESS IN MAINE.

Risk written (fire) 9441,753 Ou

Premiums received 8.568 88

Losses paid 1,036 06

Losses incurred 1,285 06



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COUMEBCE FIRE INSURANCE COMPANY. 59

COMMERCE INSURANCE COMPANY,

ALBANY, N. Y.

INCORPORATED IN 1860. COMMBNCBD BUSINESS IN 1869.
O. A. VAN ALLEN, President. E. D. JENISON. Secretary,

Cash Capital, $200,000.



ASSETS.

Real estate owned by the company, unincumbered $76,000 00

Loans on mortgage Of real estate (nret liens) 76,800 00

Stocks and bonds owned by the company, market value 164,880 00

Loans secured by collateral 10,860 00

Cash in company's principal office 86,444 96

Interest due and accrued on stocks and bonds 800 00

Gross premiums in due course of collection 9,266 70

All other assets 694 62

Grossassets 1878,686 28



LIABILITIES.

Losses unadjusted, including all reported losses 98,440 00

Losses resisted 2,880 00



Net amount of unpaid losses $10,820 00

Unearned premiums on outstanding risks 96,918 85

All other demands against the company 2,214 20



Totalliabilities except capital 108,947 56

Cash capital $200,000 00

Surplus beyond all liabilities 64,688 78

Surplus as regards policy holders 264,688 78

Gross liabilities and net surplus $878,586 28



INCOME.

Net cash received for premiums (Are) $142,768 18

Received for interest on mortgages 8,896 67

Received for interest on stocks and bonds and all other sources 8,680 25

Income from all other sources 6,156 66

Gross cash Income $160,00176



EXPENDITURES.

Net amount paid for losses $79,212 14

Cash dividends actually paid 12,000 00

Paid for commissions or brokerage 27,808 72

Salaries and other charges of officers, clerks and employes I1,66.H 97

Paid State, national and local taxes 7,768 62

All other expenditures 8,524 61

Cross cash expenditures $146,968 06



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J



€0 COMMERCIAL UNION FIRE INSURANCE COMPANY.



RISKS AND PREMIUMS.

Fire Risks. Premiums.

In force December SI, 1894 $16,804,204 $187,043 65

Written during the year 14,609,868 163,125 09

Total $31,414,072 $850,169 34

Expired and terminated 13,501.368 154,644 56

In force at end of tlie year $17,912,709 $196,524 78

Deduct amount re-insured 650,468 6,125 46

Net amount in force $17,262,246 $189,899 82

MISCELLANEOUS.

Premiums received from organization of company $5,207,954 $0

Losses paid from organization of company 8,388,962 00

Fire losses Incurred duringtbe year 78,050 00

Cash dividends declared from organization of company 840,000 00

Dividends declared during the year 12,000 00

Com pany '8 stock owned by directors 57,600 00

BUSINESS IN MAINE.

Risks written, (Hre) $200,875 00

Premiums received 2,429 85

Iiossespaid 270 61

Losses incurred 270 61



♦COMMERCIAL UNION FIRE INSURANCE COMPANY.

NEW YORK, N. T.



INCORPORATBD IK 1890. COMMBHCED BUSINESS IK 1891.
CHARLES 8BWALL, President. A. H. WRAT, Secretary.



Cash Capital, $200,000.



ASSETS.



Stocks and bonds owned by the company, market value $903,000 00

Cash in oompanv's principal office 78 00

Cash deposited in bank 11,667 48

Interest due and accrued on stocks and bonds 1,000 00

Gross premiums in due course of collection 6,217 04

All other assets, viz : Interest due on bank balances 9 81

Gross assets $220,971 88

LIABILITIES.

Losses adjusted and unpaid $ 12 65

Unearned premiums on outstanding risks 8,687 54

All other demands against the company 680 17

Total liabilities except capital $9,880 86

Cash capital $200,000 00

Surplus beyond all liabilities 11,641 47



Online LibraryMaine. Insurance DeptAnnual report of the Insurance Commissioner, Volume 28 → online text (page 4 of 40)