The daily morning journal and courier., 1898-05-05
STATE INSURANCE REPORT
COMPASSIONATE BETTS SUBMITS N PART 9, OF TT.

Life, Accident, Casualty, Fidelity and Surety Companies-Premlum Receipts Increased During the Year S15,144,975. n Gain of 6 7-1Oths Por Cent.
 Hartfore, May 4.--Insurance Com missioner Frederick A. Betts to-day submitted to Governor Cooke, Part 2 of the 33d annual report of the insur- ance department, dealing with life, ac- cident, casualty, fidelity and surety companies.
 Treating of life companies, legal re- serve plan, the report states that 2S companies transact this line of busin- ness in Connecticut, one more than last year. Their premium receipts increas- ed during the year $15,144,975 a gain of 6 7-10 per cent. The increase in liability was $SS,732,244. The capital remained the same.
 The amount of bushes written during 1897 was $1,336, ,69976S, an actual gain of ObIohoiioALiSo llloll etllSS ol usLfl,uoo. III 1897 there were issued 1,O42 more poli- cies than in 1896, covering $1,S72,257 of insurance. The Connecticut companies share of this increase was 279 policies and $299,109 of insurance. The total amount of insurance outstanding is $110,7S7,919 a gain of over six millions, of which Connecticut companies gained cQEO toto h1y all companies in Connecticut during 1897 was $19,1SO,571 and terminations amounted to $124S1,521, Connecticut companies writing 2,769,3 351 and termin- ating $1,S16,611. Connecticut companies however, paid $1O3,O76 more for claims than in previous years.
 During the year Connecticut associa- tions made a. total gain of $765,S54.
 Of accident insurance companies in Connecticut there are 19, one more than last year. Under the main head of ac- cidental insurance the report an nounces that there were only two burg lary insurance companies operating during the year, 13 Fidelity and Surety risks, 10 plate glass companies, 5 steam boiler companies and under the head of miscellaneous.
 After giving numerous tables and summaries of figuries, report remarks that the net increase of business of the regular life insurance companies in this state i'll 1897 has been in policies S32, ,887 in insurance $376, 134 This shows an improvement over the increase of the previous year of 3S9, 401 policies and S192,543,353 of insurance.
 The report deals at length with the increase in assessments of two assess ment associations. The commissioner asserts that these increases are a steI in the right direction. He adds that ii is to be regretted that the increase was not made gradually year by year, in stead of suddenly. In his recommenda- tions in this connection the commits sioner urges the advisability of statute regulations of the right to levy increas- ed assessments.
 The report announces the results of two insurance receiverships: The Char ter Oak Life Insurance company has paid final dividend of 1-4 per cent. making a total of IS IA per cent paid to the policy holders. The receivers of the Continental Life have during the year paid final dividend of per cent making total of r per cent
 Tn an appendix the report gives the agreement reached last week in the su- perior court in the suit of the commits sioner against the Aetna Life Insur. ance company, as given by the Associ- ated Press at the time.
 Part of the report touching secret or fraternel societies, will be issued about June 1.
 
 WEST HAVEN NAVAL MILITIA The West Haven volunteer naval mil itia has several on-conmissioned of. cers who were appointed by the elected officers of the command Thurday night There are as follows: Boatswain's mate, second class, l.. E. Toocker gunner's mate, first class, James D Fenwick; quartermaster, first class, W G. Woodford. More non-commissionet offices will be appointed at the nex meeting, this evening.
 The members are making an effort tt secure some guns for drilling.