Report online

UNDERWRITING EXHIBIT.

9. Premiums earned during the year $192,395 52

16. Gain from underwriting protlt and loss items 6 50

17. Underwriting income earned during the year $192,402 02

26. lA)sses Incurred during the year $'>5,4»86 79

3:^. I'nderwritlng expenses hu-urred during the year 65.071 57

34. Underwriting losses and expenses $160, 158 36

55. Gain from underwriting during the year $82,348 68

INVESTMENT EXHIBIT.

43. Interest and rents eariied during the year $14,163 54

49. Profit on Investments during the year 331 45

50. Investment hwome earned during the year $14,494 99

56. Loss on Investments during the year 15,261 25

63. Investment exi)enses Incurred during the year 4,065 0.3

64. Investment losses and expenses during the year $19,326 28

80. Loss from InveiitroentH dur'jiff the year $4,881 29

MISCELLANEOUS EXHIBIT.

74. Net loss from items 66-73, dividends, etc $49,481 11

78. Decrease in surplus during the year $22,068 74

RISKS AND PREMIX'MS.

8. In force, total risks covered $28.S06.72:i 00

8. In force, total gross premiums charged, less reinsurance 390,168 63 j

uiyiLizeu uy "v_j xJvy St Iv^



89S MUTUAL INSURANCE COMPANIES OP OTHER STATfiS,

HOPE MUTUAL FIRE INSURANCE COMPANY

Home Office, 10 Weybosset St., Providence, R. I.

(Incorporated March, 1875; commenced business April 1, 1875; admitted

July 17, 1913.)

President, Frank L. Pierce Secretary, Charles A. Tompkins

2. Amount of ledger assets. Dec. 31, of previous year $511,331 6U

INCOME.

7. Total premiums/ $432,670 85

16. Total jgvosH Interest and rents . ." 20, 483 12

29, TuCai lucoiiie »4M, 153 »7

SO. Total footlnKH $IKM.485 66

DISBCTUSK.MENTS.

3. Net. amount paid policyholders for losses ?15,114 57

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 10,849 87

19-22. Taxes 10,381 3t»

6, 7, 9-18. 23-30, 32-34. Other dipbursemeuts 14,030 16

31. Dividends to policyholders 357,585 78

87. Total di'sbarsements $407, 861 68

38. Balance 1F566,SS3 98

LEDGER ASSETS.

4. Bonds, $95,460.20; stocks, $385.273.97 $480,743 17

5-7. Cash 57,836 01

8-0. Agents' balances 17.944 80

15. Total ledger aseets $556,523 M

16-28. Total non-ledger assets 1,056 73

30-38. Deduct assets not admitted 45,897 17

SO. Total admitted assets $511,688 54

LIABILITIES.

6. Net amount of unpaid losses and claims $3,028 78

8. Total unearned premiums 288,223 00

12. Estimated amount hereafter payable for taxes 9,423 87

9-11; 13^33. All other liabilities 33797

.*U. Total amount of all liabilities $301,013 62

:t5. Surplus over all liabilities 210.669 9-»

36. Total llablUties and ftuiplus $511.683 54

UNDERWRITING EXHIBIT.

9. Premiums earned during the year $416.307 77

17. I'nderwritlujr Income enrned during the year $416,307 77

26. Losses Incurred during the year $14,701 91

33. rnderwriting expenses incurred during the year 31.605 ZA

34. rnderwriting losses and expenses $46..*X>7 45

35. Cain from underwritinip durinic the year $370,009 32

INVESTMENT EXHIBIT.

43. Interest and ron's earned during the year $21,052 7i»

50. Investment income earned during the year $21.a~»2 79

56. Loss on investments durinip the year $42,906 45

61. Investment losses and expenses during the year $42.tH56 45

{{5. L.'JH8 from investmenlH durlnir the year $81,913 66

MISCELLANEOrS EXHIBIT.

74. Net loss from Ifrms 66-73. dividends, etc $357. 5S5 T*^

78. Decrease in surplus during the year $').I1}9 12

RISKS AND PREMir.MS.

8. In force, total risks rovered $G7, 706. IftS GO

8. In for^e, total gross premiums charged, le-^s reinsurance 571,6.'»J 65



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MUTUAL INSURANCE COMPANIES OF OTHER STATES. 893

INDIANA LUMBERMENS MUTUAL INSURANCE COMPANY

Home Office, 518 N. Delaware St., Indianapolis, Ind.

(Incorporated April 1, 1807; comraenood business April 1, 181)7; admit ed

Feb., 1905.)

President, C. C. Foster Vice President J. W. Pinuell
Secretary, F. B. Fowler

2. Amount of ledger assets, Dec. 31, of previous year $361 ,03T 'Id

INCOME.

7. Total premiums ?3f:0.0:M 73

1«. Total gross interest and rents P.>,4lM St

29. * Total Income $889, J 18 98

30. Total footings $750, 756 18

DISBURSEMENTS.

^ 3. Net amount paid policyholders for losses $157,088 l«)

'4, E.\i)on.ses of adjustment and settlement of losses l,<Kll 1>7

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 30. 1 44 W)

MV-22. Taxes 0.4.V^ 81

31. l)ivi<lends to policyholders , 120,78') 3t

36. Gross decrease by adjustment in book value of ledger assets.. 7.* OO

37. Total! disbursements $834,666 99

88. Balance $416,099 19

_ LEDGER ASSETS.

1. Real estate T. $20,500 00

2. Mortgage loans 205, 4<X) (K)

4. Bonds 130,000 (M>

5-7. Cash 14,924 3'i

s-D. Agents' balances : 16.274 .S4

15. Total ledger assets $416,099 19

16-28. Total non-ledger assets 6,028 75

.30-38. Deduct assets not admitted 730 00

99. Total admitted 'a(« sets $421,397 91

LIABILITIES.

6. Net nmount of unpaid lo8^'es and claims $3,'5{J0 00

K Total unearned premiums 179.401 23

V2. Estimated aniount hereafter payable for taxes 3.851 11

0-11 : 1.3^-33. All other liabilities 103 30

34. Total amount of all liabilities $186,015 73

.^'^. Surplus over all liabilities 2:14, 4.S2 21

86. Total llabllltfes and sarplas $421 , 397 94

UNDERWRITING EXHIBIT.

0. Prpmlums eaniod during the year $336,104 14

17. I'ndorwritlng fiicome earned during the year .3.36,104 14

26. Loss(»s iufurrod during the year $154,003 60

.3.3, Tnc^erwriting expenses Incurred during the year $52,800 70

31. Inderwriting losses and expenses 206,804 .30

23. Gain from underwritiufc dut^Vng the year $139,389 «l

INVESTMENT EXHIBIT.

4.3. Interest and rents earned during the year S20,.3'i5 05

50. Investment Income earned during the year $20.. 325 05

56. Loss on lnvr*r ments during the year $805 00

6.3. Invcs'ment expenses Incurred during the year 2,804 .85

64. Investment losses and expenses durhig the year $3,600 85

fit. Cj'ain from Investments during the year $16,716 10

MISCELLANEOTS EXHIHIT.

7t. Net loss from items 66 7.3, dividends, etc $120,780.34

78. Increase in surplus during the year $25,325 60

RISKS AND PREMIUMS.

8. In forc(^ total risks covered $17,^66.018 00

B. I« force, total gross premiums charged, less reinaurflnce 358,922 47



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894 MUTUAL INSURANCE COMPANIES OF OTHER STATES.

INDUSTRIAL MUTUAL INSURANCE CJOMPANY

Home Office, 31 Milk St., Boston, Mass.

(Incorporated April 17, 1?90; commence<l business June 1, 1890; admitted

June 23, IdlS.)

President, Charles T. Plunkett Vice President, F. W. Pittlier
Secretary, Benjamin Taft

'J. Amount of ledger assets, Dec. 31, of previous year $300,200 92

INCOME.

7. Total premiums ^JJifl.Olft 6S

16. Total jrross Interest and rents 15,2H4 lil

29. totrnf. Income «310.S<M 19

80. Total footings $670,505 11

DISBURSEMENTS.

.1. Net -amount paid policyholders for losses f9,063 72

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office eravloyes 7..*V»4 61

10-22. Taxes S.116 10

0. 7, 0-18, 23-30, H2-?A. Other disbursements 0. 740 61

31. Dlviflends to policyholders 247.9.30 Iti

87. Total dUburfements $282,217 SI

88. Balance $888,207 St

LEDGER ASSETS.

4. Bonds ..-. $327,800 4S

r.-7. <*a8h 4S. 170 W

SO. Agents' balances 12.300 SS

15. Total ledirer atisets $888,287 SO

16-28, Total non -ledger as.^^^ets 4.983 71

:m»-38. Deduct assets not admitted 2J».910 48

39. Total admitted assets 368.860 58

LIABILITIES.

6. Net amount of unpaid losses and claims $724 73

8. Total uneanied premiums ]70.7r»« 21

12. Estimated amount hereafter payable for taxes r».129 .V»

9-11 ; 13-33. All other liabilities 277 46

34. Total amount of all liabilities $176,800 7"^

A'k Surplus over all liabilities 180,46?) 7S

36. Total liabilities and durpluH $868.360 53

rXDERW KITING EXHIBIT.

0. Premiums earned during the .vear $2iS. I4r» 82

17. I'nderwritlng income earned during the year $27^.145 82

26. Losses incurred during the year $7.9.'W 28

.33. I'nderwritlng expenses Incurred during the year 27,260 00

34. I'nderwritlng losses and expeuses $:i."». 103 2S

35. Gain from underwriting daring the year $242,952 54

INVESTMENT EXHIBIT.

43. Interest and rents e.irned during the year $!."». 472 01

r»0. Investment income earned during the year $15. -172 01

TiO. Loss on investments during the year $16.70:> o:»

(ti. Investment expenses incurred during the year 403 7S

61. Investment losses and expenses during the year $17,193 7**

65. LoHs fron»~ investment? uiirlng the year $1,721 77

MISCELLANEOrS EXHIBIT.

74. Net loss from Items 66-73, dividends, etc $247,036 73

78. Decrease in surplus during the year $0.705 96

RISKS AND PRE.MIUMS.

8. In force, total risks covered $38,131,582 00

5. In force, total gross premiums charged, less reinsurance.... 327,92S 01



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MUTUAL INSURANCE COMPANIES OF OTHER STATES. 895

KEYSTONE MUTUAL FIRE INSURANCE COMPANY

Home Office. 925 Chestnut HU Plilladelphia, Pa.

(Ineorporated Ve-. 30, 1884; <'ommeiu'ed business Jan. 1, 1^85; admitted

Dec. 1, 1912.)

President, Frederlcic A. Downes. Vice President, John F. Bottomley.

Secretary, William M. Burgess.

2. Amount of ledger assets, Dec. 31. of previous year $380,847 18

INCOME.

7. Total premiums $;r»9.0o.S Til

16. Total gross Interest and lents 14.457 Ti!)

2». Total Income $878. ai« 13

80. Total footlitKs »734.3«3 31

DISBURSEMENTS.

3. Net amount paid policyhoMers for losses ?l'J.19t) 0'»

4. Expenses of adjustment and settlement of losses ir« 00 .

8. Salaries, fees and all other charges of ofll<'ers, directors, trus-

tees and home office employes 15 .79.1 .5i

19-22. Taxes 4.2<rr <ri

6, 7. 9-18 23-30. .Ti-.'i4. Other disbursements 7.8.52 03

.*?!. Dividends to policyholders 297. 195 31

37. Total dlsbursemeDtft fS.S7.26« 6d

38. Balance IHI7.I00 73

LEDGER ASSETS.

4. Bonds Jprnfi.SoO l*^

5-7, Cnsh •. .5S..-.^S 27

8-9. Agents' balances 21 ,703 27

15. Total I'^dger astiets ^^17, 100 7?

10 28. Total non-ledger assets 4 .7'9 52

.^»-.'?S. Deduct assets not admitted .14.2.30 5{

39. Total admitted asMets 9387.S83 71

LIABILITIES.

6. Net amount of unpaid losses and claims $1 .245 2 *

8. Total unearned premiums 2<M .413 7 )

12. Estimated amoui.t hereafter payable for taxes 1.507 2<l

9-11 ; 13 -1.3. All other liabilities 52S .52

.34. Total amount of all liabilities $i<M .Hit 70

.^5. Surplus over all liabilities* 182,880 01

36. Total llabllltle« and surplus 9.S87.SR3 71

rXDERWRITING EXHIBIT.

9. Premiums earned during the year :f:344.(92 79

16. Loss from underwriting profit and loss items 7 35

17. T'nderwrlting inronie earned during the year $344,085 44

20. Losses incurred during the year ^. $11.202 70

t\X rnderwrlting expenses Incurred during the year 25.40S :{')

31. rnderwriti'.ig losses and expenses $30,731 18

35. Gain from underwrUlngr daring the year $307. ,^.v} 20

INVESTMENT EXHIBIT.

43. Interest and rents earned during tlie year $14.fi.'s3 42

.50. Investment income earned during the year W.O-"*.; 42

50. Loss on Investments during the year Sll .430 .5<l

04. Investment losses and expenses during the year $11.4.30 5 1

««. Gain from Investments durfnip the year $3.222 92

MISCELLANEorS EXHIBIT.

74. Net loss from Items 00-73, dividends, etc $2^7. 105 .11

78. Increase in surplus during the year $13.. 381 84

RISKS AND PREMir.MS.

8. In force, total risks covered $42,407.3-32 00

8. In force, total gross premiums charged, less reinsurance.... 400.782 71



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896 MUTUAL INSURANCE COMPANIES OF OTHER STATES.



LUMBER MUTUAL. FIRE INSURANCE COMPANY

Home Office, 141 Milk Sh, Boston, Mass.

(Incorporated Feb. 13, 1805; commencetl business March 28, 18D5; admitted Jan.,

1004)

President, Geo. \V. Gale, Vice President, Horace B. Sliep;ird.

Secretary, Harry K. Stone.

2. Amount of ledger assets, Doc. .31, of previous year $755,448 23

INCOME

7. Total premiums $464,901 45

Irt. Total Kross interest and rents 28.2,'>4 81

17-20. From other sources 22,000 00

27. (iross profit on sale or maturty of ledger assets 252 54

2S. Gross increase by adjustment in book value of ledff.^r assets .. 376 24

29. Total Income f615.875 M

SO. Tot»2 footings $1,271.823 27

DISBrUSEMENTS

t\. Net amount paid policyholders for losses $197,654 19

4. E.\penses of adjustment and settlement of losses 335 44

r>. ( Vimmlssions or brokerage 25,066 30

5. Salaries, fees and all other charges of offlc-ers, directors, trus-

tees and home office employes 40.012 94

19 22. Taxes 14,776 35

G, 7, 9-18. 2.V30, 32-34. Other disbursements 19.483 92

31. Dividends to policyholders 172,437 36

.'{5. Gross loss on sale or maturity of ledger assets 382 05

36. Gross decrease by adjustment In book value of ledger assets.. 474 04

87 Total disbursements $470. 822 SB

88. Balance $800. 700 68

LKDGEU ASSETS

4. Bonds $673,47184

.5-7. Cash 107.072 91

8-9. Agents' balances 19,963 41

10 14. All other ledger assets 192 49

15. Total ledger asNctH $800. 700 68

16-2S. Total non-ledger assets 22, 150 92

;jO-38. Deduct assets not admitted 52,893 27

39. Total admitted osHrts $769.958 33

LIABILITIES

0. Net amount of unpaid losses and claims - $3,9iS4 72

s. Total unearned premiums « 221 , 145 13

12. Estimated amount hereafter payable for taxes 6.256 06

9-11 ; 13-33. . All otlier liabilities 100 31

34. Total amount of all liabilities $231,456 22

;!.'». Surplus over all liabilities 5;is.502 11

SO. Total ilabiliticN and surplus $700,968 SS

rNDEUWHITING EXHIBIT

0, Premiums .earned during the year • $447.73108

10. (lain from underwriting i>rorit and loss items 2l,7()€ 71

17. liulerwriting ineome earned during the year $468,4.T7 '.9

2<». Losses incurred during the year $1S7.854 90

:V,\. IndervAriting exi>enses incurred during the year 99,297 73

34. Underwriting losses and expenses $2S7,152 63

35. Gain from underwriting during the year $182,285 16

INVESTMENT EXHIBIT

43. Inten'st and rents earned during the year $32,282 30

49. Profit on investments during tlie year 628 78

."Ml. Investment incouie earned during the year $32,911 0^

."»0. Loss on investments during the year $25,822 8S

G:\. Investment <'xpenses inmrred during the year 817 31

6*. Investment losses and expenses during the year $26,640 17

65. Gain from Invt-^tments during the year $6,270 91

MlSCELLANEOl'S EXHIBIT

74. Ni't b)ss froui items (50 73. dividend**, etc $172,501 69

78. Increase in surplus during the year $16,061 38

RISKS AND PREMIUMS

8. In force, total risks covered $19»810.579 00

$. In force, total gross premiums charged, less reinsurtmce ..... 443.^ SO



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MUTUAL INSURANCE COMPANIES OP OTHER STATES. 897

LUMBERMENS MUTUAL INSURANCE COMPANY

Home Office, Lumbermens' Heights, Mansfield, Ohio.
(Incorporated Sept. 11, 1895; commeuced business Oct. 10, 1803; admitted Dec.

24, 1904)

President, E. S. Nail. Vice President, G. W. Campbell.
Secretary, W. H. G. Kegg.

2. Amount of ledger assets, Dec. 31, of previous year $582,413 47

INCOME

7. Total premiums ' $435,528 33

16. Total gross Interest and rents 22, 044 18

17-26. From other sources 2,876 56

27. Gross profit on sale or maturity of ledger assets 496 37

28. Gross increase by adjustment iu book value of ledger assets.. 250 00

29. Total Income 9461.196 44

30. Total footings fl. 043,608 91

DISBURSEMENTS

?. Net amount paid policyholders for losses $190,562 59

4. Expenses of adjustment and settlement of losses 905 42

5. Commissions or brokerage 29,304 70

8. Salaries, fees and all otlior charges of officers, directors, trus-

tees and home oflite employes 27,163 36

19-22. Taxes 9.229 06

6. 7, 9-18, 23 30, 32 34. Other disbursements 25,877 98

31. Dividends to policyholders 161,21144

36. Gross decrease by adjustment In book value of ledger assets.. 711 20

87. Total cliifbur»enient« $444,965 75

88. Balance $698,643 16

LEDGER ASSETS

1. Real estate $23,700 00

2. Mortgage loan.s 57.550 00

4. Bond.s, $418,743.15 ; stocks, $19,725.00 468,468 15

5-7. Cash 24,367 67

8-9. Agents' balances ,23,557 34

10-14. All other ledger assets 1,000 00

16. Total ledger af»fietf» $698,618 16

16-28. Total non-ledger assets 5,980 8.1

29. Total admitted assets $604,624 01

LI.VBILITIKS.

6. Net amount of unpaid losses and claims $3,445 00

8. Total unearned premiums 211,41174

12. Estimated amount fiereafter payable for taxes 5,000 00

9-11 ; 13-33. All other liabilities 5,383 85

34. Total amount of all liabilities $225,240 59

35. Surplus over all liabilities 379,383 42

36. Total Ilabilltiet* and sarRius $604,624 01

UNDERWRITING EXIIIRIT

9. Premiums earned during the year $419,291 08

16. Gain from underwriting profit and loss Items 67 05

17. Underwriting Income earned during the year $419.3.")8 13

26. Losses incurred during the year $174,922 59

33. rnderwrltlng expenses Incurred during the year 91,998 57

34. Underwriting losses and expenses $2(i6,921 16

£6. Gain from underwriting durinip the year 1162,436 97

I N VESTMENT EX II I BIT

4.3. Interest and rents earned during the year $22,288 27

49. Profit on investments during the year 746 37

50. Investment income earned <lurlng tlu' year $23,034 64

56. Loss on Investments during tlie year $3.802 51

63. Investment expenses Intiirred during the year 1,538 83

*4. Investment losses and expenses during the year $5,421 34

Gain from investments daring the year $17,613 80

MISCELLANEOT'S EXHIBIT

74. Net loss from Items 66-73, dividends, etc $158,322 98

78. Increase in surplus during the year $11 , 727 20

RISKS AND PREMIUMS

8. In force, total risks covered $10,720,568 00

6. In force, total gross premiums charged, less reinsurance ..... 422,823 49

57— InB.— I,

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898 MUTUAL INSURANCE COMPANIES OF OTHER STATES.

MA>(TON MUTUAL FIRE INSURANCE C?OMPANY

Home Office, 925 Chestnut St., Philadelphia, Pa.

(Incorporated Feb. 28, 181)4; connneuced business Mar. 1, 189-t; admitted

Dec. 1, 1012.)

President, Frederlclt A. Downes; Vice President, Joseph Bancroft; Secretary,
William' M. Burgess.

2. Amount of ledger assets, Dec. 31, of previous year $333,889 84

INCOME

7. Total premiums $341 ,040 05

16. Total gross interest and rents 12,876 09

S9. Total income $858,816 14

30. Total footings $687,785 98

DISBrRSEMENTS

3. Net amount paid policyholders for losses $11 ,254 92

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office employes 15.0«3 68

19-22. Taxes 3.953 95

6, 7, 9-18, 2:J-30, 32 -34. Other disbursements 7,61>.s i^

31. Dividends to policyholders 279. 3;n 12

37. Total dlsbursementft 817,302 89

88. Balance $870,488 59

LEDGER ASSETS

4. Bonds $290.170 41

0-7. i'ash .5.S. lat 20

8-9. Agents' balances 22,119 98

15. Total ledger assets $370.483 59

16-28. Total non-ledger assets 4,1X1 Ss

30-38. Deduct assets not admitted 28,.'i9r» 41

89. To'tal admitted assets $346, 0«2 06

LIABILITIES

6. Net amount of unpaid losses and claims $1,204 4H

8. Total unearned premiums 188..'^0 96

12. Estimated amount hereafter payalde for taxes 1 ,396 'Si

9-11 ; 13-3.3. All other liabilities .511 .T7

.34. Total amount of all liabilities 191.44:1 04

35. Surplus over all liabilities 1.'H.579 02

36. Total liabliitles and surplus $346, 0«S 06

INDKRWUITING EXHIBIT

9. Premiums earned during the year $.324,444 20

17. rnderwriting Income earn«'d during the year $324,444 20

26. Losses incurred during the year $10.42« 31

33. I'nderwritlng expenses incurred during the year 24.462 ao

34. I'nderwrlting losses and expenses $34,890 51

85. Ualn from underwriting during the year $889,558 69

INVESTMENT EXHIBIT

43. Interest and rents earned during the year $13,13S 59

50. Investment income earned during the year $13,138 59

.•56. Loss on investments during the year $11 ,075 70

64. Investment losses and expens(»s during the year $11,075 70

65. Gain from Investments during the year $2,062 89

MISCELLANEOrS EXHIBIT

74. Net loss from items 66-73, dividends, etc $279,331 12

78. Increase in surplus during the year $12,285 46

RISKS AND PRE.MIUMS

8. In force, total risks covered $39,254,851 00

8. In force, total gross premiums charged, less reinsurance 373,952 01



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MUTUAL INSURANCE COMPANIES OF OTHER STATES. 899

MANUFACTURERS MUTUAL FIRE INSURANCE COMPANY

Home Office, 10 Weybosset St., Providence, R. I.

(Incorporated 1835; commenced business 1833; admitted Oct. 23, 1912.)

President, John W. Freeman; Vice Presidents, BeuJ. O. Buttolpli, Edwin D.
IMn>?ree; Secretary, Theodore P. Bogert.

2. Amount of ledger assets, Dec. 31, of previous year. ?1, 057, 197*48

INCOME

7. Total premiums $448,288 91

16. Total gross Interest and rents... 54,294 10

17-26. From other sources 14 00

27. Gross profit on sale or maturity of ledger assets. 2,733 70

29. Total Income fS0S,880 71

80. Total footincH fl,69Z,M» 19

DISBURSEMENTS

3. Net amount paid policyholders for losses $77,934 86

8. Salaries, fees and all other charges or officers, directors, trus-

tees and home office employes 12,628 80

19-22. Taxes 11,348 08

6, 7, 9-18, 23-30, 32-24. Other disbursements 24,734 64

, 31. Dividends to policyholders 347,426 21

36. Gross decrease by adjustment In book value of ledger assets.. 17.520 01

87. Total disbursements $491 ,092 00

38. Balance $1,070,085 59

LEDGER ASSETS

4. Bonds, $178,852.81 ; stocks, $803,588.16 , $982 , 440 97

5-7. Cash 44,237 60

8-9. Agents' balances 19^256 93

10-14. All other ledger assets 25.000 00

16. Total ledger assetN $1,070,985 59

16-28. Total noii -ledger assets 47,212 45

:W-38. Deduct assets not admitted 411 00

39. Total admitted assets «1, 117, 787 04

LIABILITIES

6. Net amount of unpaid losses and claims $6«452 34

8. Total unearned premiums 450.292 39

12. Estimated amount hereafter payable for taxes 4,203 27

9-11 : 1.3-3.T All other liabilities 261 89

.34. Total amount of all liabilities $461,209 89

.35. Surplus over all liabilities 656.527 15

36. Total liabilities and surplus $1,117,787 04

UNDERWRITING EXHIBIT

9. Premiums earned during the year $509,059 72

16. Loss from underwriting profit and loss Items 229 11

17. I'nderwrlting Income earned during the year $508.830 61

26. Los.ses incurred during the year $79,607 63

33. I'nderwrlting expenses incurred during the year 48.372 31

.34. Vnderwritlng losses and expenses $127,979 94

£5. Gain from underwriting during the year $880,850 67

INVESTMENT EXHIBIT

4.3. Interest and rents earned during the j-eaf $55,190 35

49. Profit on investments during the year 2,747 70

50. Investment income earned during the year ^57,938 05

.56.- Loss on investments during the year $90,598 11

ft4. Investment losses and expenses during the year $90,598 11

65. Loss from Investments during the year $82,660 09

MISCELLANEOUS EXHIBIT

74. Net loss from items 66-73, dlvIdcLds, etc $347,426 21

78. Increase In surplus during the year ^7^ 4q

RISKS AND PREMIUMS

8. In force, total risks covered $146,061,656 00

8, Iij ^orce, total gross premiums charged, less reinsuraace l.>089,927 98



Digitized by



GoogI(



900



MUTUAL INSURANCE COMPANIES OF OTHER STATES.



MARYIiAND MUTUAIi FIRE INSURANCE COMPANY

Home Office, 616 N. Calvert St., Baltimore, Md.

(Incorporated Sept. 10, 1002; commenced business Sept. 22, 1902; admitted

Oct. 13, 1913.)

President, Frank Sllngloff; Vice President, Ernest Schmeisser; Secretary,
William H. Purcell.

2. Amonnt of ledger assets, Dec. 31, of previous year $41 ,776 45

INCOME

7. Total premiums $49,911 96

16. Total gross interest and rents 1,489 67

17-26. From other sources 85

28. Gross increase by adjustment in book value of ledger assets.. 37 50

29. Total income $S1 ,4S9 9S

80. Total footings $98^216 48

DISBURSEMENTS

.3. Net amount paid policyholders for losses $2,001 21

8. Salaries, fees and all other charges of officers, directors, trus-

tees and home office empoyes 3,587 99

19-22. Taxes 1 , 162 71

6, 7. ^18, 23-30, 32-34. Other disbursements 2,247 32

31. Dividends to policyholders 43.90100

87. Total dlsbumemeiitB 952,900 2S

88. Balance $40,816 20

LEDGER ASSETS

4. Bonds, $34,000.00; stocks, $1,000.00 $35,000 00

5-7. Cash 3,741 14