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Wisconsin. Dept. of Insurance.

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taxes based upon business of the year of this statement.... 125,000 00

Commissions, contingf^nt or other charges due or accrued 165,000 00

All other liabilities : Earned quarterly dividend to Dec. 31, 1913

(declared Jan. 19, 1914) 60,000 00



Total amount of all liabilities except capital $6,113,626 64

(Capital actually paid up in cash $1,500,000 00

Surplus over all liabilities 2,251,245 80

Surplus as regards policyholders 3,751,245 30

Total liabilities $0,864,871 84



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tfrnskAN's Fui^ ms. C6.



433



RISKS AND PREMIUMS.



Fire risks.



Gross

premiums

lliere<in.



Marine

and Inland

risks.



Gross

premiums

tiiereon.



In force on the Slst dayt

of December. 1912 ...| $009,179,061
Written or renewed!

during the year | 731 , 432 , 593

Excess of original pre-{

miums



I-



$7,234,800 03
8,119.149 06
1,414,653 42



$77,095,039
778,115,888



$2,055,496 31
4,221,290 41



Total |$1. 340,612. 254|$16, 768.603 13

Deduct those expired|
and marked off as ter-|



mlnated



In force at the end

of the year....

Deduct amount rein

sured



637.531,6001



$803,080,694
116.234,3091



Net amount ln|
force I $686,846,845r $8,606,328 44|



6,916.478 81!



$855,210,927
766.151.629



$6,276,786 72
4.115.751 70



$9,852,124 31
1,346,795 871



$89,059,208 $2,161,035 02



24,039,314



$65,019,984



778.743 17



$1,382,291 85



RECAPITULATION OP FIRE RISKS AND PREMIUMS.



Year
written.



Term.



Amount
covered.



Gross
premiums
chartred,
less re-
insurance.



U



A mount of
premium
unearned.



1913.
1912.
1913.
1911.
i912,
1918.
1910.
1911.
1912,
1913.
1909.
1910,
1911,
1912.
1913.



One year or less.

Two years

Two years

Three years ....

Three years

Three years ....

Four years

Four years

i^our years

Four years

Five years

Five years

Five years

Five years

Five years

Over Ave years...



$176,732

3,191

3,634

94.070,

103,686.

111.749,

1,150,

1,127

1,123

1.907,

31,828,

38,405,

37,716

36,797

42.682

1.131



$2,



!



Totals I $686,846,

I



.508
.024
.952
401
806
676
873
.452
,565
.087
,333
,393
,{500!
.8681
,9091
,9081

,3451 $8,

I



226.668 84

37,232 93

36.927 65

054,911 11

173.306 53

,257,945 22

14,242,73

15,322 49

15,336 25

23.306 70

459,715 85

519.394 17

483,340 61

619,950 16

651,601 14

16.126 06|



1-2

1-4

3-4

1-6

1-2

5-6

1-8

3-8

5-8

7-8

1-10

3-10

1-2

7-10

9-10

P. R.



$1,113,

*i,

27!

175,

586,

1.048

1,

5

9

20

45

155

241

363

586

16



334 42
308 23
695 73
818 52
653 26
287 68
780 34
,745 94
586 16
393 36
,971 58
,818 25
,670 30
,965 11
,441 03
,126 06



505.328 44



$4,408,594 97



28— Ins.— I



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434



5TOEMAN*S FUND ms. CO.



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.





Fire.


Marine and
inland.


Tornado.


ToUL


Gross risks written....]

Less $1,813,139 risks
cancelled, and $2,112,-
767 reinsurance in
companies authorized
in Wisconsin


1
$8,297,478 00

3,733,185 00


1
$1,243,410 00

192,721 00


$514,070 00




$10,154,958 00
3,925.906 00








Net risks written]


$4,564,293 00


$1,150,689 00


$514,070 00


$6,229,062 00


Gross premiums on
risks written |

Less $15,194.68 return
premiums; and $2,-
142.29 premiums for
reinsurance in com-
panies authorized in
Wisconsin


$92,659 50]
13,018 18


$17,655 11
4.318 79


$2,862 29


$113,076 90
17,336 97








Net premiums re-
ceiTed


$79,641 32


$13,336 32


$2,862 29


$95,739 93






Losses paid (deducting
salvage)


$37,194 83
8,874 70


$13,731 26
607 36


$100 85
14 62


$51,026 94
9,496 58


Less losses on risks re-
insured in companies
authorized in Wiscon-
sin




Net losses paid...


$28,230 13


$13,123 90


$86 33


$41,530 36


Losses Incurred

Less losses on risks re-
insured in companies
authorized in Wiscon-
sin


$39,371 87
9.432 43


$13,791 26
607 36


$100 85
14 52


$53,263 98
10,054 31




Net losses in-
curred


$29,939 44


$13,183 90


$86 33


$43,200 67





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PntEMAN's FUND INS. CO.



435



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.

Premiums

Total premiums

Add unearned premiums Dec. 31 of
previous y^r



Total

Deduct unearned premiums Dec. 31,
end of tbe year

Premiums earned during tbe year. ,



$11,275,900 24
5,118,514 90



UNDERWRITING PROFIT AND
LOSS ITEMS.

Gain from agents' balances preyiously
charged off

Loss from underwriting disburse
ments



Loss from above

Agents' balances and bills

receivable not admitted

Dec. 31, 1912 : $43,883

Agents' balances and bills

receivable not admitted

Dec. 31, end of the year 54,040 34



Loss from above



Loss from underwriting profit and
loss items



Underwriting Income earned during
the year , ,



LOSSES.



Losses paid

Deduct unpaid losses December 31, of
previous year



$7,4«2,946 51
3,812,933 73



$2,192 11
10.594 07



$8,401 96



10,166 25



$3,931,563 27
I 487,239 78



Balance

Add unpaid, losses December 31, end
of year ;



Losses incurred during the 'year.



UNDERWRITING EXPENSES.

Underwriting expenses paid during

the year $2,887,889 16

Deduct underwriting expenses unpaid I

Dec. 31 of previous year | 904.000 00



$3,444,323 49
642,611 64



$6,157,385 34



18,568 21



.1 $6,138,817 13



$4,066,935 13



Balance $2,553,889 16|

Add underwriting expenses unpaid |

December 31, end of the year 292,500 00|



Underwriting expenses incurred dur-
ing the year



Underwriting losses and expenses..

Loss from underwriting during the
year



2.846.389 16



6.933.324 29



=1===



r 704. 607 16



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m



^IREilAK^S FUND J^'B. CO.



UNDERWRITING AND INVESTMENT EXHIBIT-Contlnued.



INVESTMENT EXHIBIT. |

Interest and Rents. j

Interest and rents received duringj

the year I $390,403 27

Deduct interest dividends and rents!

due and accrued December 31, end|

of the year I S4,904 99

Balance I 1305.498 28

Add interest, dividends and rents duei
and accrued December 31, end ofj
the year | 92,977 16



Total



PROFIT ON INVESTMENTS.
Gain from sale of ledger assets ...



Investment income earned during the
year



LOSS 0?j INVESTMENTS.

Loss from sale of ledger assets

Loss from change in difference be-
tween book and market value dur-
ing the year



Loss on investments during the year.



$398,475 44



7,270 00



$8,948 50



$405,745 44



1



193,061 57



INVESTMENT EXPENSES.

I
Investment expenses paid during the|
year I .



Investment losses and expenses dur-
ing the year



Gain from investments during the



$202,030 07



22,693 48



year



.|.






MISCELLANEOUS EXHIBIT.



Dividends declared to stockholders)
during the year I.



I Gain in
i Surplus



!
Total gains and losses in surplus|

during the year '

Surplus Doc. 31, 1912 | $3,104,730 57

Surplus Dec. 31. 1913 ( 2, 251 , 245 30

Decrease iii surplus during the year..| I.



$181,021 89



I



Totals



$1,084,607 16



224,723 55



$181. 6S1 80



Loss in
Surplus

$240.000 00



$1,084,507 16



858.486 t7



$1,084,507 16



Per cent of losses incurred to premiums earned 60.37.
Per cent of underwriting expenses incurred to premiums earned 46.22L
Per cent of investment expenses incurred to interest and rents earned .0565.
Per cent of total losses and expenses incurred and dividends declared to
total income earned 112.72.



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firemen's ins. CO. 437



FIREMEN'S INSURANCE COMPANY,

Newark, N. J.

Home Office. 780-780 BHOAO STllEET,

[Incorporated December .*>, IS.'.T; co-mmonced ?Mi«»ines8 December 3, 1855; ad-
mitted November 1, 1875. J

President, 1»ANIKL II. DUNHAM Vice President, .lOlIN KAY.

Secretary, A. II. IIASSINGEU.

CAPITAL STOCK.

Amount of capital paid up in cash $1,000,000 00

Amount of ledg»pr assets, December .^1 of previoits year «'"«.'J2).255 40

IXCO.MK.

Fire.

Gro88 premiums $.1,981,829 83

Deduct reinsurancp premiums, flre. $.'"»83,*J95.;U ;

return premiums, fire. $747.506.47 1,. 130, 801 78



Toial premiums (otlirr tiian perpetual > $2,650,908 Ovj

Gross interest on mortpa.fire loans $130,687 83

Gross interest on bonds and dividends on stocks,
less $831.00 Accrued interest on bonds ac-
quired during the year 124,476 86

Gross Interest on deposits in trust companies

and banks 675 73

Gross rents from company's property. Including
$12,000 for company's occupancy of its own
buildings 07,307 77

Total gross Interest and rents 353,148 10

From other sources :

l^an $140.000 00

Sold rights to subscribe to Am. Tel. & Tel. Co. 640 63

Deflclency Judgment (VVitzel) 75 00



140.715 63
Gross Increase, by adjustment, in book value of ledger assets :

Bonds 2.80198

Total income $3 . 1 47, 633 85

Total footings $9,068,8v«9 25

DISJit'RSEMBNTS.

Fire.
Gross amount paid policyholders for losses (In-
cluding $252,364.74 occurring In previous

years) $1,035,908 76

Deduct amount received for salvage, flre,

$6,435.66 ; reinsurance, fire, $19.i,3:JS.18 199,773 84

Net amount paid policyholders for lossei* $1 ,436, 134 92

Expenses of adjustment and settlement of losses 36,835 96

Commissions or brokerage 661 , 654 92

Allowances to local agencies for mlscellnnous agency expenses.. 7,138 26
Salaries. $41,550, and expenses, $22,398.73, of special and gen-
eral agents 66,048 73



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438 firemen's ins. co.

Salaries, fee«. and all other charges of officers, directors,

trustees and home office employes 121,708 70

Rents, including |12,000 for company's occupancy of its own

buildings ..:... 20,683 44

Advertising. $3,121.72; printing and stationery, $15,479.60 18,601 22

Postage, telegrams, telephone and express. . w 18,537 27

Legal expenses .'. 1, 510 96

Furniture and fixtures 2.991 55

Maps, including corrections 9,003 01

Underwriters' boards and tariff associations 34 ,515 45

Fire department, Are patrol and salvage corps a.ssessments, fees,

taxes and expenses 22,249 94

Inspections and surveys 2,878 61

Repairs and expenses < other than taxes) on real estate 34,093 24

TaxM on real estate 21,987 so

State taxes on premiums 51 , 870 07

Insurance department licenses and fees 18,016 Ql

All other licenses, fees and taxes :

Federal coi-poration tax $1,020 79

Ix>ral taxes on Investments 1 , 639 49

Per.-onal city tax • 990 90



Other disbursements:

Auditors* fees $1,212 65

Loan repaid 1 40, 000 00

Interest on loan 983 34



3,551 18



142,195 99



Paid stockholders for interest or dividends (amount declared

during the year) 240, 000 00

Agents' balances charirod off 482 84

Qro9s decrease, by adjustment, in book value of ledger assets :
nonds 660 00



Total disbursements $2,974,148 94

Balances $6,094,740 31



LEDGER ASSETS.

Book value of real estate $1,073.668 28

Mortirepe loans on roa' estate first liens 2,677,900 00

Book value of bonds, $1,160,646 66, and stocks,

$680,650 1.859.296 66

Cash «n company's office $15,385 45

Deposits In trust companies and

banks on Interest 135.. 175 72

. , 150.761 17

Agents' balances representinir business written

subffoqiTPnt to October 1. 1013 429,900 19

Agents' balances representing business written

prior to Octob^T 1, 1013 3,214 01

i
ToUl ledger assets $6,094,740 31



NON-LEDGER ASSETS.

Interest due, $2,225 and accrued, $34,363.71 on
mortgages $36, 588 71

Interest accrued on bonds 15,257 03

Rents due 886 42

52.732 16

Market value (not Including Interest) of bonds and stocks over

book value 694.951 5.1

Gross assets $6,842,424 00



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firemen's ins. CO. 439



DEDUCT ASSETS NOT ADMITTED.

Agents* balances representing business written prior to October

1, 1013 3.214 01

Total admitted assets $6,839,209 90



LIABILITIES.

Gross losses adjusted and not yet due |86,424 88

Gross claims for losses in process of adjustment
or in suspense, plus |ll, 472.01; reserve losses
incurred prior to December .31 of which no

notice had been received on that date 175,140 91

Gross claims for losses resisted; 23,764 30



Total $285,320 09

Deduct reinsurance due or accrued 49,167 06



Net amount of unpaid losses and claims $236,153 03

Gross premiums (less reinsurance) received and receivable upon

all unexpired Are risks, $5,512,244.44; unearned premiums.. 2,845,185 81

Principal unpaid on scrip or certificate of profits authorized or

ordered to be redeemed 2 , 332 84

Salaries; rents, expenses, bills, accounts, foes, etc., due or accrued 1,500 00

Estimated amount hereafter payable for federal, 'state and other

taxes based upon business of the year of this statement.... 25.500 00

Commissions, continprent or other charges due or accrued 8,500 00

Total amount of all liabilities except capital $3,119,171 68

Capital actually paid up in cash $1,000,000 00

Surplus over all liabilities 2.720.0.38 31 »



Surplus as regards policyholders 3,720,038 31



Total liabilities $6,839,209



RISKS AND PREMIUMS.

Gross
premiums
Fire risks. thereon.

In force on the 31st day of December, 1012 $579,060,427 $6,02.3.098 55

Written or renewed during the year . 265,297,232 3,081,829 83

Exee.«5M of original premiums over amount for re-
insurance 33,707* 48

Total $845,257,659$10,038.636 86

Deduct those expired and marked off as termi-
nated 224,054,419 3,674.529 51

In force at the end of the year $6'> 1,203. 240 $6,364,106 35

Deduct amount reinsured 73,235.709 851 ,861 91

Net amount in force $547,967,531 $5,512,244 44



Digitized by



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440 .



FIREMEN S INS. CO.



RECAPITULATION OF FIRE RISKS AND PREMIUMS.



Year
written.



Term.



Amount
covered.



Gross

premiums

charged,

less rt*-

iDSurauce.






Amount of
premium
unearned.



1913,
1912.
1913.
1911.
1912.
1913.
1910.
1911,
1912,
1913.
1909,
1910.
1911.
1912.
1913.



One year or less

Two years

Two years

Three years ....
Three years ....

Three years

Four years

Four years .....
Four years . . . .

Four years

Five years

Five years

Five years

Five years

Five years

Qver five years .



1127,

1,

1,

96,

102,

HI.



15
18
24,
21,
23,
1



995,319
036,713
630,346
097,420
295,480
334,320
629,749
615,503
546,392
658,435
,474,779
,701,578
554,533
563.;{84
347,562
,456.0181



$1,



437,989

13,534

18,212

863,538

912,912

997,722

7,311

6,638

6,431

7,486

186,685

227.170

286,170

253,288

275,586

11,564



1-2
1-4
3-4
1-6
1-2
5-6
1-8
3-8
J^
7-8
1-10
3-10
1-2
21 7-10
74 a-10
00| P. R.



$718,9»4 71

3,383 61

13,659 68

143.923 12

456.456 22

831.435 16

913 95

2.489 59

4,019 78

6,550 46

18.668 58

68,151 18

143.065 33

177.301 74

248,028 06

8.124 64



Totals



.1 $547,967,531 $5,512,244 44].
I I



$2,845,185 81



BUSINESS IN THE STATE OF WISCONSIN DURING THE YEAR.



Gross risks written

Less $1,149,975 risks cancelled, and I
$122,725 reinsurance In compantesl
authorized in Wisconsin I



Net risks written



Gross premiums on risks written 1

Less |3),722 36 return premiums; and|
$1,046.18 premiums for reinsurance!
in companies authorized In Wlscon
sin



Net premiums received



Losses paid (deducting salvage) ..
Less losses on risks reinsured In com-
panies authorized in Wisconsin .



Net losses paid



Losses incurred !

Less losses on risks reinsured in com-|
panies authorized in Wisconsin ....!



Net losses incurred




$13,994 S2



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**mEMEN*S INS. CO.



441



UNDERWRITING AND INVESTMENT EXHIBIT.



UNDERWRITING EXHIBIT.
Premiums.



Total premiams

Add nnearDcd premiums Dec. 31 of
preyious ;ear



Total

Deduct unearned premiums Dec. 31,
end of the year



Premiums earned during tbe year.



$2,050,968 05
2,781,678 19



15,432,546 24
2,845,185 81



I

UNDERWRITING FROFIT AND |
LOSS ITEMS. 1

Loss from agents* balances charged I

off I

Agents' l^alances and bills

receivable not admitted

Dec. 81, 1912 $3,578 39

Agents' bs lances and bills

receivable not admitted

Dec. 81, end of the year 2,214 01|



$2,587,360 43



I



$482 84



Gain from above



Loss from underwriting profit and
loss items



Underwriting income earned during
tbe year



LOSSES.



Losses paid

Deduct unpaid losses Dec. 31 of pre-
vious year



Balance

Add unpaid losses Dec. 31, end of the
year



Losses Incurred during the year



I



864 38



$1,436,134 92
291,075 54



$1,145,069 38
236,153 03



UNDERWRITING EXPENSES.

Underwriting expenses paid during
the year

Deduct underwriting expenses unpaid
Dec. 31 of previous year



118 46



$1,381,212 41



Balance

Add underwriting expenses unpaid
Dec. 31« end of the year ,. .

Underwriting expenses incurred dur-
ing the year



$1,092,411 07
38,652 73



$1,033,858 94
35,500 00



Underwriting losses and expenses .

\
Gain from underwriting during the|
yea r I .



$2,587,241 97



1,089.35^ 941.



.1 2,470,571 35

I



$116,670 62



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442 firemen's ins. co.

UNDERWRITING AND INVESTMENT EXHIBIT— Continued.



INVESTMENT EXHIBIT.
Interest and Rents.



I



Interest, dividends and rents received
durins: the year

Dednct interest, dividends and rents
due and. accrued Dec. 31, end of
the year



Balance

Add interest, dividends and rents due
and accrued Dec. 31, end of the
year



Total



PROFIT ON INVBSTaiENTS._

Gain from increase in book value of

ledger assets ,

Gain from other investments <



.



$358,148 19
60,964 91



$302,183 28
62,732 16



$2,801 98
716 63



Profit on investments during the year| .

Investment income earned during the|
year 1.



LOSS ON INVESTMENTS.



I



Loss from decrease in book value of
ledger _ assets I

Loss from change in difference be- 1
tween book and market value dur-l
ing the year |

Loss on investments during the year|.

I
I
INVESTMENT EXPENSES,

Investment expenses paid during the!



$660 00
173,186 34



$364,916 44



8,617 61



$368,433 06



$173,846



s.}.



year



.1.



64.469 61|



Investment losses and expenses dur-j
ing the year I



238,304 86



Gain from investments during the|
year I .



$120,128 20



MISCELLANEOUS EXHIBIT.



Dividends declared to stockholders! |

during the year j |.



Gain In
Surplus.



I
Total gains and losses In surplusi

during the year ..
Surplus Dec. 31, 1912
Surplus Dec. 31. 1913



I Loss in
i Surplus.

.< $210,000 00



$286,798 82) $940,000 00

$2,723,239 49 ^

2,720,038 3JI I



Decrease in surplus during the yearl

I
Totals



8,201 181.

-I-



I



$240,000 00| $240,000 00

!



Per cent of losses incurred to premiums earned 63.4.
Per cent of underwriting expenses incurred to premiums earned .421.
Per cent of investment expenses Incurred to Interest and rents earned .179.
Per cent of total loRses and expenses incurred and' dividends declared to
total income earned .942.



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FRANKLIN PIkE INS. 00. 443



PItANKLIN FIBE INSUBANCE COMPANY,

Philadelphia, Pa.

Home Office, 421 WALNUT STREET.
[Incorporated April 22, 1829; commenced business June. 1829; admitted ISTLj

President (Office vacant). Vice President, GEORGE PALES BAKER.

Secretary. EDGAR P. LUCR.

CAPITAL STOCK.
Amount of capital paid up In cash $500,000 00



Amount of ledger assets, December .31 of previous year $3,360,845 80

INCOME.

Plre.

Gross premiums $1,072,799 34

Deduct reinsurance premiums, fire. $229,868.06;

return premiums, fire. $330,130.85 660,007 91

Total premlnmji (other than perpetual) $1,403,791 43

Deposit premiums written on perpetual risks (|?ro8S) 8,488,212

Gross Interest on mortgage loans $2,060 56

Gross Interest on collateral loans 546 67

Gross interest on bonds and dividends on stocks,
less $1,123.98 accrued Interest on bonds ac-
quired during the year 114,710 23

Gross interest on deposits In trust companies

and bank? 1 ,634 68

Gross rents from company's property. Including
$6,000 for company's occupancy of its own
buildings 7,840 00

Total groes Interest and rents. 126, 792 14

Prom other sources : Transfer fees 639 50

Gros? profit on saJe or maturity of ledger assets: Bonds 2,482 63

Total Income $1 , 542, 193 92



Total footings $4,902,539 22

DISBURSEMENTS.

Gross amount paid policyholders for losses (In-
cluding $12,832.21 occurring In previous years) $1,005,602 88

Deduct amount received for salvage, fire,

$2,9.59.38; reinsurance, fire, $152,172.49 155,131 87



Net amount paid policyholders for losses $850,471 01

Expenses of adjustment and settlement of losses 18,061 55

Oommfssions or brokerage less $44,012.94 reinsurance com-
missions 298, 792 84

Allowances to local acrencles for miscellaneous agency expenses 5,096 63
Salaries. $53,655, and expenses, $37,618.59, of special and gen-
eral agents 91 , 273 59

Salarlr.B, fees, and all other charges of officers, directors, trustees

and home office employes 64,604 28

Rentp. Including $6,000 for company's occupancy of Its own

buildings 8.670 42

Advertising. $6,741.69: printing and stationery, $6,568.44 13,310 13

Postage, telegrams, telephone and express 10,327 79



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444 FRANKLIN FIRE INS. CO.

Legal expenses * l6i 96

l«\irniture and fixtures 788 14

Maps Including corrections 7,271 58

Undorwriters' boards and tariff associations 20,000 77

Fire department, fire patrol and salvage corps assessments, fees,

taxes and expenses 3,481 09

Inspections and surveys 6,449 66

Repairs and expenses (other than taxes) on real estate 3,868 18

Taxes on real estate 1 ,973 50

Stnte taxes on premiums 31 , 165 61

Insurance department licenses and fees 15,979 89

All other licenses, fees and taxes : Capital stock tax 3.035 94

Other diabursements :

Incidental expenses |11,.S83 32

Reinsurance deposit account 72 00

11.4.'^5 82

Deposit premiums returned , 20,695 20

Paid stockholders for interest or dividends (amount declared

during the year. $(tO.O00) 50,989 50

Agents' balances charged off 315 72

Gross loss on sale or maturity of ledger assets: Bonds 1,627 37

fjross decrease, by adjustment. In book value of ledger assets :

Bonds 23.890 64



Total disbursements $1,581,752 71



Balance $8,320,786 51



LEDGER ASSETS.

Book value of real estate $146,444 53

Mortgage loans on real estate, first Hens 29,185 00

Book value of bonds. $2,671,97.'t.92, and stocks,

$59,734 2,731.707 92

Cash in compajiy's oiflce $104 99

Deposits In trust companies and

banks on Interest 97,488 88

97.803 87

Agi^nts' balances reprosentlng business written

.«*ubse<iiicnt to October 1, 1013 305,272 40

Agents' balaneos reprosonting business written

prior to October 1, 101.3 10,282 79

Total ledger assets $3, .320, 786 51

XON-LEWJKR ASSETS.

Interest aecrued on mortgages $437 77

lnt< rest accruecl on lM>ntls ,35,8.32 02

• 36.269 79



Gross assets $3,357,056 80

liEDUCT ASSETS NOT ADMITTED.

Agents' l*ulanres representing business written

\\Y\ w to ()<to»M'r I. 1!M.3 $10,282 70

Bocik value of leduer a.^sets over market value :

Ue.il estate 8,944 53

Stocks and bonds 92,092 92

111.320 24



Total admitted assets $3,245,736 06

LIABILITIES.

Gross losses adjusted and unpaid (not yet due) $22,985 60
Gross claims for l(»sFes in process of adjustment

or In suspense, plus $8,230.15; reserve for

losses incurred prior to December 31 of which

no notice had been received on that date.... 132.835 57

Gross claims for losses resisted 13,445 22

Total $160,266 39

Deduct reinsurance due or accrued 26,436 47

Net amount of unpaid losses and claims $142,829 92

Digitized by LjOOQK



FRANKLIN PIRK INS. CO.



.445



Gross promlums (less reinsurance) rocoived and receivable npon

all unexpired fim risks. $2,541,804.45, unearned premiums 1,307,108 18

Amount reclalmable by 'the insured on perpetual nre Insurance

policies, being 1)0 per cent of the premium or di^poslt received 668.145 17

Dividends declared and unpaid to stockholders 16 50

SalaHes, rents, expenses, bills, accounts, fees, etc., due or ac-
crued 2.111 6S

Estimated amount hereafter payable for federal, state and other

taxes based upon bu'^Ini'ss of the year of this statement 14.070 71



Online LibraryWisconsin. Dept. of InsuranceReport → online text (page 48 of 94)