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PAGE TWO
STATEMENT
Standard Fire Insurance Company, Hartford, Conn.
Condition December 31, 1928, as shown by Statement Filed.
Amount of capital paid in cash $ q’irq’qu 78
Amount ledger assets Dec. 31st previous year, f qai QQ
Income—from policyh’d’rs $1,152,156.24; misc. f149,195./5 j^01,301.99
Disbursements —to policyh’rs $522,689.76; misc. $553,00 . > q’^roo
Fire risks—writ, or ren. during year, $ 283 ’ 574 ’ 947 J lT } f ? rce 2 o?’t
All other risks—writ, or ren. during yr. $62,832,810; in force 85,532,985.00
ASSETS * 2 879 011 68
Value of bonds and stocks * ’ 881 60
Cash in company’s office 97Q oqi’as
Deposited in trust companies and banks on interest _ oip’nai 89
Agents’ bal., rep. business written subsequent to Oct 1, 1928 216 ’ 03 J qo
Agents’ bal., rep. business written prior to Oct. 1, 1928 4,0i0.0»
Interest and rents due and accrued c7q«qc n?
All other assets, as detailed in statement
Tn . nl $ 3,982,031.36
Less assets not admitted 8,106,31
Total admitted assets $ 3,973,925.05
LIABILITIES
Net amount of unpaid losses and claims $ q^o’qoq'qq
Salaries, rents, exp., bills, accts., fees, etc., due or accrued 13,291.94
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 63,454.88
Contingent commissions, or other charges due or accrued 6,000.00
All other liabilities, as detailed in statement 310,518.48
Total amount of all liabilities except capital $ 1,853,089.62
Capital actually paid up in cash
Surplus over all liabilities $1,120,835.43
Surplus as regards policyholders 2,120.805.40
Total liabilities -I 3,973,925.05
BUSINESS IN NORTH CAROLINA DURING 1928
Fire risks written, $2,329,867; premiums received 12 ’0?2‘2a
All other risks written, $2,490,209; premiums received 245.82
Losses incurred —fire, $2,093.06; paid ; 2 ’ 19^* 96
Losses incurred —all other, $95.68; paid 55.77
President, W. B. Brainard; Secretary, H. B. Anthony.
Home Office: 49 Pearl St., Hartford, Conn. .
Attorney for service: Dan C. Boney, Insur. Comniis., Raleigh, N. C.
Manager for North Carolina: Home Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, February 28, 1929.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement of the
Standard Fire Insurance Company, of Hartford, Conn., filed with this
department, showing the condition of said company, on the 31st day of
December, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
Star Insurance Company of America, New York City.
Condition December 31, 1928, as shown by Statement Filed.
Amount of capital paid in cash $ 1,000,000.00
Amount ledger assets Dec. 31st previous year, 4,788,249.37
Income—from policyh’d’rs, $2,048,588.96; misc. $200,767.38 2,249,356.34
Disbursed.—to policyhold’s $934,219.70; misc. $1,139,327.12 2,073,546.82
Fire risks—writ, or ren. during year, $548,942,069; in force 445,501,972.00
All other risks—wr. or r. during yr. $182,585,283; in foce 135,031,373.00
ASSETS
Value of bonds and stocks $ 4,063,237.89
Deposited in trust companies and banks not on interest 8,966.10
Deposited in trust companies and banks on interest 497,896.80
Agents’ bal., rep. business written subsequent to Oct. 1, 1928 351,454.19
Agents’ bal., rep. business written prior to Oct. 1, 1928 35,349.77
Bills receivable, taken for fire risks 7,020.83
Interest and rents due and accrued 51,591.26
All other assets, as detailed in statement 160,025.42
Total I $ 5,175,542.26
Less assets not admitted 38,517.30
Total admitted assets .* $ 5,137,024.96
LIABILITIES
Net amount of unpaid losses and claims $ 248,933.57
Unearned premiums 2,100,352.46
Salaries, rents, exp., bills, accts, fees, etc., due or accrued 10,762.00
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 95,623.36
Contingent commissions, or other charges due or accrued 10,275.00
All other liabilities, as detailed in statement 23,123.30
Total amount of all liabilities except capital $ 2,489,069.69
Capital actually paid up in cash $1,000,000.00
Surplus over all liabilities $1,647,955.27
Surplus as regards policyholders 2,647,955.27
Total liabilities $ 5,137,024.96
BUSINESS IN NORTH CAROLINA DURING 1928
Fire risks written, $3,620,203; premiums received $ 34,161.04
All other risks written, $1,484,019; premiums received 5,572.04
Losses incurred—fire, $14,420.80; paid 15,776.80
Losses incurred—all other, $3,047.39; paid 2,106.39
President, Harold Warren; Secretary, C. L. Purdin.
Home Office: Pershing Square, New York City.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
Manager for North Carolina: Home Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, March 5, 1929.
. I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement of the
Star Insurance Company, of New York City, filed with this department,
showing the condition of said company, on the 31st day of December, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
Seaboard Fire and Marine Insurance Company, New York City.
Condition December 31, 1928, as shown by Statement Filed.
Amount of capital paid in cash $ 1,000,000.00
Income—from policyh’d’rs $3,072.; misc. $2,505,742.05; 2,508.814.05
Disbursements—miscellaneous 5,758.83
Fire risks—writ, or ren. during year, $422,250; in force 422,250.00
All other risks—writ, or ren. during yr. $114,000, in force 114,000.00
ASSETS
Loans secured by pledge of bonds, stocks, or other collateral 1,600,000.00
Value of bonds and stocks ...: 388,585.43
Deposited in trust companies and banks on interest 512,42L79
Agents’ bal., rep. business written subsequent to Oct. 1, 1928 2,048.00
Interest and rents due and accrued 5,042.63
• Total ...... ..., $ 2,508,097.85
■ \\*
Total admitted assets $ 2,508.097.85
LIABILITIES
Unearned premiums ..: %>. 2,212.90
Salaries, rents, expenses, accts., fees, etc., due or accrued ...... 4,900.00
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 100.00
- -- 1 - -
Total amount of all liabilities except capital .......... $ 7,121.90
Capital actually paid up in cash $1,000,000.00 r
Surplus over all liabilities .$1,500,975.95
Surplus as regards policyholders $ 2,500,975.95
Total liabilities $ 2,508.097.85
President, Ernest B. Boyd; Secretary, Harold W. Rudolph; Treasurer,
John R. Logie. Home Office, 12 Gold Street, New York City.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
Manager for North Carolina: Home Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Ralegih, March 9, 1929.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement of the
Seaboard Fire and Marine Insurance Company, of New York City, filed
with this department, showing the condition of said company, on the
31st day of December, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
THE CHATHAM RECORD, PITTSBQRO, N. C.
STATEMENT
Scottish Union and National Insurance Company, Edinburgh, Scotland.
Condition December 31, 1928, as shown by Statement Filed.
Amount deposited in New York State f Q 200,000, ?9
Amount ledger assets Dec. 31st previous year •••••—”"—_* 0,0 10 okYoi
Income —from policyh’d’s, $4,378,710.46; n } lsc - 158};3l 58 }; 3^ 3,7 .?;
Disbursements —to p’yh’s, $1,846,849.62; misc ; J^ ,86 n9 s’?nt'«lo’on
Fire risks—writ, or ren. during yr., $939,206,152, in force 1024,103,819.00
All other risks—wr. or ren. dur. yr. $227,274,453, in force $-22,241.716.00
ASSETS
Value of real estate $ «qq’nsn'nn
Mortgage loans on real estate Soc ono no
Value of bonds and stocks 6,385.203.09
Cash in company’s office •;•••-
Deposited in trust companies and banks on interest t
Agents’ bal., rep. business written subsequent to Oct. 1, 1928 903,229.89
Agents’ bal., rep. business written prior to Oct. 1, 1928 40,298.76
Interest and Rents due and accrued 96 ’^q‘q«
All other assets, as detailed in statement 49,719.86
Total $ 8,963,252.00
Less assets not admitted 40,298.76
Total admitted assets $ 8,922,953.24
LIABILITIES
Net amount of unpaid losses and claims ? 418.764.00
Unearned premiums 942,582.88
Salaries, rents, expenses, accts., fees, etc., due or accrued 20,000.00
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 227,000.00
Contingent commissions, or other charges due or accrued 35,000.00
All other liabilities, as detailed in statement 112,333.00
Total amount of liabilities except capital $ 5,755,679.88
Capital actually paid up in cash ...„ $ 200,000.00
Surplus over all liabilities $2,967,273.36
Surplus as regards policyholders 3,167.273.36
Total liabilities $ 8,922.953.24
BUSINESS IN NORTH CAROLINA DURING 1928
Fire risks written, $5,911,935; premiums received 46,362.75
All other risks written, $3,338,409; premiums received 1,600.80
Losses incurred- —fire, $16,352.04; paid 12,298.04
Losses incurred—all other, $89.54; paid 107.54
U. S. Manager, J. H. Vreeland. Home Office, 75 Elm St., Hartford, Conn.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
Manager for North Carolina: Home Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, Feb. 27, 1929.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement of the
Scottish Union and National Insurance Company, of Edinburgh, Scotland,
filed with this department, showing the condition of said company, on the
31st day of December, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
State Mutual Fire Insurance Company, Providence, R. I.
Condition December 31, 1928, as shown by Statement Filed.
Amount ledger assets Dec. 31st previous year $ 5,119,793.64
Income—from policyh’d’rs $2,215,768.16; misc. $356,248.50; 2,572,016.66
Disbursed.—to policyh’d’s $145,797.39; misc. $1,971,143.25; 2,116,940.64
Fire risks—writ, or ren. during yr. $387,975,580; in force 668,653,716.00
All other risks—writ, or ren. during yr. $1,346,793; in force 659,731.00
ASSETS
Value of bonds and stocks $ 5,062,817.78
Deposited in trust companies and banks on interest $ 374,022.02
Agents’ bal., rep. business written subsequent to Oct. 1, 1928 135,966.48
Agents’ bal., rep. business written prior to Oct. 1, 1928 2,063.38
Interest and rents due and accrued 24,052.08
All other assets, as detailed in statement 1,808,406.22
Total $ 7,407,327.96
Less assets not admitted 2,063.38
. Total admitted assets $ 7,405,264.58
LIABILITIES
Net amount of unpaid losses and claims $ 38,994.46
Unearned premiums 2,233,496.50
Salaries, rents, exp., bills, accts., fees, etc., due or accrued 1,678.70
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 10,951.16
Total amount of all liabilities except Capital $2,285,120.82
Surplus as regards policyholders 5,120,143.76
Total liabilities $ 7,405,264.58
BUSINESS IN NORTH CAROLINA DURING 1928
Fire risks written, $3,926,056; premiums received $ 3,246.47
All other risks written, $1,008; premiums received 21.89
Losses incurred—fire, $644.02; paid 809.41
Losses incurred —all other, $82.24; paid 82.24
President, John R. Freeman; Secretary, Theodore P. Bogert; Treasurer,
John R. Freeman. Home Office: 10 Weyhosset St., Providence, R. I.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
Manager for North Carolina: Home Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, February 20, 1929.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement of the
State Mutual Fire Insurance Company, of Providence, R. 1., filed with
this department, showing the condition of said company, on the 31st day
of December, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
Skandinavia Insurance Company, Ltd., Copenhagen, Denmark.
Condition December 31, 1928, as shown by Statement Filed.
Amount of capital paid in cash $ 300.000.00
Amount ledger assets Dec. 31st previous year 1,650,031.08
Income—from policyh’ders $1,364,491.27; misc. $103,839.53 1,468,330.80
Disbursements—to policyh’rs $508,267.85; misc. $500,702.39 1,008,970.24
Fire risks—writ, or ren. during year, $544,651,353; in force 216,392,366.00
All other risks—writ, or ren. during yr. $42,086,776; in force 18,598,990.00
ASSETS
Mortgage loans on real estate $ 138,500.00
Value of bonds and stocks 1,763,710.28
Deposited in trust companies and hanks on interest 177,924.95
Agents’ bal., rep. business writ, subsequent to Oct. 1, 1928 29,256.41
Interest and Rents due and accrued ...... 25,481.03
All other assets, as detailed in statement 95,195.22
Total $ 2,230,067.89
Less Assets not admitted 2,470.53
Total admitted assets $ 2,227,597.36
LIABILITIES
Net amount of unpaid losses and claims .........$ 180,739.23
Unearned premiums 984,726.38
Salaries, rents, exp., bills, accts., fees, etc., due or accrued 5,000.00
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued y 15,000.00
Contingent commissions, or other charges due or accrued ...... 40,000.00
Total amount of all liabities except capital. .......$ 1,225,465.61
Capital actually paid up in cash $300,000.00
Surplus over all liabilities $703,181.7,5
Surplus as regards policyholders 1,002,131.75
Total liabilities $ 2,227,597.36
BUSINESS IN NORTH CAROLINA DURING 1928
Fire risks written, $1,251,667; premiums received 12,096.91
iAll other risks written, $747,824; premiums received 435.29
Losses incurred—fire, $2,572.46; paid 5,400.31
Losses incurred—all other, $4.16; paid 4.16
United States Manager: Sunner Ballard.
Home Office: 80 John St., New York City.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, , 192
1 I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
tne above is a true and correct abstract of the statement of the
skandinavia Insurance Company, Ltd., of Copenhagen, Denmark, filed with
this department, showing the condition of said company, on the 3st day
of December, 1928. * J
\\ itness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
Rubber Manufacturers Mutual Insurance Company, Boston, Mass.
Condition December 31, 1928, as shown by Statement Filed.
Amount Ledger Assets Dec. 31st previous year $ 1,711,960.23
Income —from policyholders, $870,488.31; misc. $86,285.59; 956.773.90
Disbursements —to policyh’d’s $40,608.73; misc. $796,588.18 837.196.91
Fire Risks —Writ, or ren. during yr., $139,936,379, in force 194.719,264.00
All other risks—writ, or renew, during yr., $414,250, in force 171,775.00
ASSETS
Value of bonds and stocks 1,677,767.52
Deposited in trust companies and banks on interest 99,275.39
Agents’ bal., rep. business written subsequent to Oct. 1, 1928 52,841.10
Agents’ bal., rep. business written prior to Oct. 1, 1928 1,653.21
Interest and rents due and accrued 23,950.00
All other assets, as detailed in statement 67,352.48
Total .. $ 1,922,839.70
Less assets not admitted 1,653.21
Total admitted assets $ 1,921,186.49
LIABILITIES
Net amount of unpaid losses and claims $ 13,366.00
Unearned premiums 694,715.10
Salaries, rents, exp., bills, accts, fees, etc., due or accrued 1,911.12
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 3,293.34
Total amount of all liabilities except capital $ 713,285.56
Surplus over all liabilities $1,207,900.93
Surplus as regards policyholders 1,207,900.93
Total liabilities $ 1,921,186.49
BUSINESS IN NORTH CAROLINA DURING 1928
Fire risks written, $3,792,748; premiums received 23,778.40
All other risks written, $1,500; premiums received 31.50
Losses incurred —fire, $247.36; paid 470.98
Losses incurred—all other, $34.35; paid 34.35
President, Arthur H. Lowe; Secretary, Edw. H. Williams, Treasurer,
Wm. B. Brophy. Home office, 185 Franklin St., Boston, Mass.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
Manager for North Carolina: Home Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, February 25, 1929.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement of fche
Rubber Manufacturers Mutual Insurance Co., of Boston, Mass., filed with
this department, showing the condition of said company, on the 31st day
of December, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
Savannah Insurance Company, Savannah, Ga.
Condition December 31, 1928, as shown by Statement Filed.
Amount of capital paid in cash $ 200,000.00
Amount Ledger Assets Dec. 31st previous year 779,872.27
Income —from policyholders, $512,402.23; misc. $43,592.71; 555,994.94
Disbursements—to policyh’s, $251,896.22; misc. $287,020.99; 538,917.21
Fire Risks—writ, or ren. during year, $84,916,718, in force, 59,388.977.00
All other risks—writ, or ren. during yr., $16,907,205, in force 14,371,774.00
ASSETS
Mortgage loans on real estate 46,960.00
Value of bonds and stocks 552,251.32
Cash in Company’s office- 8,766.94
Deposited in trust companies and banks not on interest 4.166.66
Deposited in trust companies and banks on interest 112,473.07
Agents’ bal., rep. business writ, subsequent to Oct. 1, 1928 68,303.24
Agents’ bal., rep. business writ, prior to Oct. 1, 1928 299.09
Interest and rents due and accrued 4,847.75
All other assets, as detailed in statement - 3,729.68
Total $ 801,797.75
Less assets not admitted :■ 6,545.09
Total admitted assets $ 795,252.66
LIABILITIES
Net amount of unpaid losses and claims $ 72,486.45
Unearned premiums 368,036.15
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 10,000.00
Contingent commissions, or other* charges due or accrued 10,000.00
Reinsurance and return premiums due other companies 11,644.26
All other liabities, as detailed in statement 4,135.53
Total amount of all liabilities except Capital $ 476,302.39
Capital actually paid up in cash $200,000.00
Surplus over all liabilities $118,950.27
Surplus as regards policyholders 318,950.27
Total liabilities $ 795,252.66
BUSINESS IN NORTH CAROLINA DURING 1928
Fire risks written, $1,406,039; premiums received $ 19,570.39
All other risks written, $53,362; premiums received 143.03
Losses incurred —fire, $8,996.77; paid 6,358.48
Losses incurred—all other, $2.89; paid 2.89
President, Dillard B. Sewell; Secretary, W. W. Mclver. Home Office,
Bryan and Drayton Sts., Savannah, Ga.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
Manager for North Carolina: Home Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, March 7, 1929.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement of the
Savannah Insurance Company, of Savannah, Ga., filed with this depart
ment, showing the condition of said company, on the 31st day of De
cember, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
Skandia Insurance Company, Stockholm, Sweden.
Condition December 31, 1928, as shown by Statement Filed.
Amount of capital paid in cash $ 200,000.00
Amount ledger assets Dec. 31st previous year 2,478.646.80
Income—from policyh’d’rs $1,292,176.02; misc. $145,279.79 1,437,455.81
Disbursements—to policyh’rs $637,400.37; misc. $710,769.25 1,348.169.62
Fire risks—writ, or ren. during year, $257,374,135; in force 277,363.636.00
All other risks—writ, or ren. during yr. $41,383,399; in force 44,337,793.00
ASSETS
Mortgage loans on real estate $ 254,750.00
Value of bonds and stocks 2,218,201.79
Deposited in trust companies and banks on interest 66,136.54
Agents’ bal., rep. business written subsequent to Oct. 1, 1928 28,844.66
Interest and rents due and accrued 28,845.88
Total $ 2,596,778.87
Less assets not admitted 35,647.79
Total admitted assets $ 2,561,131.08
LIABILITIES
Net amount of unpaid losses and claims $ 205,829.93
Unearned premiums 1,334,617.04
Salaries, rents, exp., bills, accts., fees, etc., due or accrued 750.00
Estimated amount payable for Federal, State, county and
municipal taxes due or accrued 31,000.00
All other liabilities, as detailed in statement 5,531.44
{
Total amount of all liabilities except capital $ 1,577,728.41
Capital actually paid up in cash $200,000.00
Surplus over all liabilities $783,402.67
Surplus as regards policyholders - $ 983,402.6 <
Total liabilities $ 2,561,131.08
U. S. Manager, Wm. Mackintosh. U. S. Home Office, 150 William
Street, New York City.
Attorney for service: Dan C. Boney, Insur. Commis., Raleigh, N. C.
Manager for North Carolina: New York Office.
STATE OF NORTH CAROLINA, INSURANCE DEPARTMENT,
(Seal) Raleigh, Feb. 26, 1929.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that
the above is a true and correct abstract of the statement ot the
Skandia Insurance Company, of Stockholm, Sweden, filed with this depart
ment, showing the condition of said company, on the 31st day of De
cember, 1928.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
THURSDAY, MAY 23, 1929