Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-11-12
THE INSURANCE. COMPANIES.
Their Losses and How They stand.


Their Losses and How They stand.
A Roster Of misunderstanding Rates
NEW YORK, Nov. 11.-All the insurance
companies have bulletined statements Of
their loses and standing. The Spectator says:
Nearly every Boston company has gone
The Albany, American, and Metropolitan,
Safe Guard, Manufacturers and Builders,
of New York, and the American, Chicago,
North Missouri and Northwestern National
ose nothing. The Providence companies
wiz lose heavy without exceptional is stated
that the only Insurance companies here thst
have suspended are the International, Re-
lief, Corn Exchange and Humboldt.
The excitement in insurance circles
here is intense. The suspension of the
Humboldt and International companies is
announced. The Spectator farnishe the
following H g.
Reliable List Of Losses:
American, New York, $4,000; Ameri-
can Exchange, $4,000; Artic, 100000;
Black River, $4,000; Brewers & Maliers',
$4,000; Capital City, none; Citizens, New
York, $3.50, 900; City of New York, $780,
600; Clinton, $4,000; Columbia, s75, 900;
Commercial, $4,000; Eagle, none; Geb-
hard, 1880; German American, 100000;
Germania, $275, 600; Glens Falls, $4,000;
Greenwich, 900; Hamilton, none; Han
over, $2T5, 600; Howard, none; Information
al, 100000; jefferson, $4,000; Kings
County, 100000; Knickerbocker, none;
Lafayette, 5000; Long Island, none;
Lorillard, $4,000; Market, $4,000; Man
haitian, $35, 900; Mechanics, So coo; Me-
chanics & Traders, SIS, 900; Nassau, none;
N. Y. Equitable, sis, 600; New York, none;
Pacific $4,000, Relief $4,000, Rutgers,
none, Standard $4,000, Star $15O,O0O,
United States $1,000, Williamsburg City
100000, Liverpool, London and Globe
1889 500, Washington, New York, $780,
600, Farragut $4,000, Commerce $62, 900,
Firemen's $122, 900, Republic 100000,
Importers and Traders $32, 900, st. Nicho-
las $4,000, West Chester $4,000, North
River nothing, Park nothing, Manufactu-
rers' and Builders nothing, Lamar Heavy
Exchange $4,000, American Central S15,-
600, Farmers of York $1,000, Lancaster
nothing, Pennsylvania Underwriters S15.-
600, Niagara not over 100000, Springfield
$250,000, Tradesmen's $4,000, Traders,
Chicago, $4,000, Commerce, Albany, $50
600, Merchants, Newark, nothing, Alps
1900, New York and Yonkers $4,000,
Lancashire SIPS, 900, Mechanics and Ira.
ders' $4,000, National; New York, Sl4O,-
900, Firemens' Trust S., 900, Amazon $5O,-
600, Triumph $4,000, St. Paul Fire and
Marine $4,000, Franklin, Phila., 100000,
Girard, $4,000; Globe, $l5, 700; Montauk,
$1,000; Etna, Hartford, $4,000; Hartford,
$550,000; Connecticut, $4,000; Orient,
Sl50,OOO; National, of Hartford, $125,000;
Phoenix, Hartford, S450, 600. An the Prov
idence companies say they will come out
straight. The American and Mercantile, of
Boston, will go on. The Boylston must
stop. New Jersey companies lose only
trifing amounts. The Continental Insur-
ance Company, of New York, has assets
amounting to over $2,000,0OO. If the en-
tire amount at risk within the district is a
total loss, one half of its surplus will pay
for it.
Boston, Nov. 1.-THE following insu-
rance companies who do business in Bos-
ton are perfectly solvent and able to meet
all liabilities in full: Bangor, of Bangor,
Me-; Eastern, of Bangor, Me-; Williamsburg,
Etna, Hope, and Market, Of New York;
Triumph, of Cincinnati, and st. Paul, of
st. Paul, MINI.
PHILADELPHIA, Nov. IL The follow
ing is statement of the actual losses of
Philadelphia Companies by the Boston
fire: Insurance Company of North Ameri-
can 5000, 900; Union Mutual S34, 900; Della
ware Mutual 100000; Fame 100000;
Franklin 100000, Girard $4,000; Penn
sylvania $500, 1000; State of Pennsylvania
100000; American 100000. Total ST.
604,0 900.
The Board of Underwriters held meet
ing this morning, and in order to preveno
policy holders from transferring policies
other companies, advanced rates on mer-
chandise 80 per cent and on special risks %
per cent, to take effect Immediately.
PrOvidentiaI Giants.
PROVIDENCE, r. l., Nov. 1l.-Several of
the Providence Insurance. companies lose
heavily in the Boston fire, but it is under
stood tonight that not one will fail to pay
its losses in full and continue business.
The Hartford Companies.
HARTFORD, Nov. 11.-pispatches from
the reporter for the COlTGnt at Boston.
whose figures are confirmed by the latest
advices at the Offices of our Hartford In
sursnce Companies, show that the losses of
the Hartford companies will not exceed The
following amounts: Etna, 81 400, 600;
Hartford, $685., 900; Pheaix, $4,000; Ma
tional, $4,000; Orient, $4,000; Con
necticut, 100000; total, S2,S67,000 The
Ktna officers think by salvage and over,
insurance deductions their loss will be re.
duced to s., 300 900, and the National Com
pany believe theirs will be reduced to $780,
600 from the same reductions.
The amount at risk in the burnt district
exceeds the above figures somewhat in The
cases of most of the above companies, but |
allowing very small per centage for sal
wage, it is confidently believed that the |
losses will not exceed the sums named. All |
the Hartford companies are perfectly sound. |
Etna's assets on Nov. !, were S5,000,OO0, |
and the other companies are also in good |
condition to meet all tlGir losses.
Going Under.
WORCESTER. Nov. 1.-THE PEOPLES In |
surance Company of this city lose over half
a million by the Boston fire, and the direct |
ors have voted to call in policies for cancel |
lation and discontinue business. The First
National Insurance Company lose 100000,
which will be raised by assessments on the |
stockholders. The Bay State Insurance
Company lose $3.50, 900, and have suspend
ed for the present. The Merchants and
Farmers Mutual Insurance Company lose
100000, but will continue business. None
of the other Worcester companies lose
heavily.