Daily Kennebec journal., 1897-05-14
NAMES INSURANCE
For 1896 the Largest in His
tory Of State.
Figures Showing Causes Of Fires.-
Description Property Destroyed.
Governor and Council Meets. Today Other
State House News.

| Part of the report of the Maine in
surance commissioner Hon. S. w. Carr
VIII be soon distributed 1t is a spec.
tally valuable one, this year. in one re-
spect at least, in that there was the
greatest amount of business done ir
1896 Of any other year in the history OF
the State.
The report in part says:
| The amount of fire insurance written
III Maine during the year 1886, as shown
| by the returns to this office, is summar-
lied as follows: Companies of other
states and countries, s1l0.273, 3l5. A
Maine mutual companies. $5,7S4. 2S6. 50;
special brokers, 1907 ,015,00; total, $116,-
364 1854
This is the largest volume of fire in
surance ever written in the State, and
exceeds by more than IS, 900, 900 the
business of the preceding year. 1t
should be borne in mind, however. that
the foregoing figures do not include the
business of the so-called Factory or
Mill Mutuals,' which has assumed
enormous proportions in Maine The
premiums received by the companies
reporting to this office on account of
the insurance written in Maine during
1896, as mentioned above, amounted to
81 ,642, 1880 and the losses paid to $SS3-
247.69.
The marine insurance written in
Maine during 1896 amounted to $1S71 -
75S, of Which s17 7,535, $40 was written by
domestic, ard sl,236,slS by foreign com
anies. This shows a loss of 1886. 800
as compared with the amount written
during 1895. The marine premiums on
the business of 1896 amounted to S264,
1924, and the losses paid during the
year to S215, ,924.67.
Annexed to and forming a part of this
report will be found a list of licensed
agents and brokers, revised to April 20;
also the usual statistical tables and alb
stracts of the annual statements made
to this department, as required by law
for the year ending Dec. 81, 1896 The
insurance laws Of 1897 are also bound
with this volume.
The fees and taxes paid the State by
insurance companies on account of the
business of 1896 were as follows: Taxes:
Fire and marine companies, $lS.546.S4.
life companies, s24.74652; miscellaneous
companies, S1,376.16; total, s44 $685..
Fees: Licenses to companies, $685.,
licenses to agents, S671S: licenses to
brokers. 500: licenses to special brok-
ers. Sl00; examination of companies.
$12o: fees for fling annual statements,
$240 total, s11, ,143, With grand total of
$55,S12.52.
Since the date of my last annual re-
port the following companies have been
admitted: Aachen and Munich, AK La
Chapelle, Germany, cash capital $500
000 German Alliance, New York. n. y,
5000, 900; German Fire, Pittsburg, Penn,
5000, 600: Home Mutual, san Francisco.
Cal, 100000 Madgeburg, Madgeburg,
Germany. $200,000; Manufacturers and
Merchants, Pittsburg, Penn. S250,0on;
National Standard, New York, n. Y,
5000, 900: Svea, Gothenburg, Sweden,
5000, 900: total. Sl,l50.G00
No fire insurance companies have
Withdrawn from the State since the
last annual report of this department.
The report includes exhaustive
tables of the business done by the seF-
eral companies who have risks in
Maine. both domestic and foreign.
The figures showing the cause of all
fires reported in the State during the
year 1896 as shown by the investigation
and reports of the municipal authorities
made in compliance with the provisions
of the law, give some interesting re-
suits.
The following table shows the causes