Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1903-03-05
NEWS OF VERMONT
More Important Events Grouped for
Free Press Readsrs-Fire and Life
Insurance Business in Vermont.

Insurance Business In Vermont.
The annual report Of the state insur-
ance commissioners, Frederick G.. Fleet
wood of Morrisville and John l.. Bacon
Of White River Junction, has been made
public. Some of the most interesting
features of the report are given below:
FIRE INSURANCE COMPANIES.
The record Of business done by stock
companies Of other States shows that in
1892 risks were written by them In Yer
mont aggregating $29.O71, 54S The business
done by these same companies in 1911
amounted to S2s,545.3l5. They received IN
premiums in 1902 the sum of s422, AZ. and
in 1901. $780, .227. They paid In losses in
1902, $780, 96S.91, and in 1901, S177,66S.6S. They
incurred in 1902, losses amounting to $lS2-
ISL and in 1901, n total loss of S16l 81.
The percentage of losses incurred to pre-
mums received in 1902 was 431, and l9ol
was Alb. Companies of other countries
in 1862, wrote risks aggregating $9.Gl2,Sol'
their business in 1901 amounting to $40 751,-
215. In 1902 they received $l47. 1914 IN
premiums compared with $1k.2sS ~ in 1901.
In 1902 they paid $61 .512. AZ in losses and in
1901 they paid $74.911.75 for the same cause.
The losses incurred by these companies
in 1902 amounted to $62, 447.37 and in 1901
CURED to premiums paid was 42.s in 1902.
and 800 in 1901 Risks were written by
mutual companies OF other States in 1907
aggregatinE 81 ,491, as compared with
s., 594,S 500 written in 1901. They received
s55Sl9.M in premiums in 1902, and Sal 26S "A
in 1901. They paid s.. 032. AZ in losses in 1907.
and $7,4S2. So in 1901. The losses incurred
by them in 1902 amounted to $6,1SS.50. and
in 1901 to S,.16l.2l. The percentage OF
losses incurred to premiums received was
H. in 1902, and 1873 in 1901. Vermont
mutual companies wrOtc in 1902 risks ag-
gregating $20,97l 81 as compared with S2l,-
53l 101 in 1901 They received in premiums
in 1902. $3.50. 260 Sc. the receipts in 1901 being
1891, 223 %. Tho losses paid by them in 1902
amounted to $245. 1872. IS, and in 1901 to $gl5,-
SO6.G6. They incurred losses Of $3.50 49, In
1902. and 1890, 72o.45 in 1901. The percentage
of losses incurred to premiums received
was Gas in 1902. and 6S.4 in 1901.
LIFE INSURANCE COMPANIES.
Policies issued by Vermont life insur-
ance companies in 1902 were SAG In number,
the value amounting to S75S,217 as com
pared with 1896 in 1901, valued at Si6S.S24.
valued at $s43.o24. The policies terminated
in 1902 were 1S,. valued at S2D6,6S2, COM
pared with 1916 in 1901, valued at $46S,S24.
Other life insurance companies in 1902 is
sued 1888 policies valued at s5.SS3W as
compared with 4.S03 policies issued in 1901,
valued at s5,j5S,55S. There we're termn-
ated in 1902, 2,571 policies held by these
companies valued at $685. Sa2, as com
pared with 2,69s policies in 1901. valued at
s., SIP, 945. Industrial composites In 1902 is
sued 649S policies valued at $l.249.225, while
in 1901 they issued 5,S93 policies the value
of which was sl,ll0.l51. In 1902. 3.i12 of
their policies valued at 1.eaO, terminated
as against 1881 policies in 1901, valued at
t,,r,t ,,g,n
written by Vermont companies in 1902 ag-
Eregated s., 564 $40. compared with $l,66a,-
$50 in 1901. The sum of S6.73S62 vas re-
ceived as premiums in 1902, compared with
81 1872 in 1901. Losses paid in 1902 amount
ed to $685. there being none in 1901 Losses
incurred in 1902 were $23.3S, there being
none in 1901. Fidelity and casulty insur-
ance risks written by companies Of other
States and countries in 1902 amounted to
S2,,l7S, G3l in 1902 the same companies writ
ing S2 122 in 1901. They received III
premiums in 1902 sl,2, Ass and in 1901,
1921. 1922. They paid in losses in 1902. sS1.
O57. 90, and in 1901. $34.0SOS7. They incurred
in 1902 losses aggregating SCI, N5.6l and in
1901. So. 4S9.19.
FIRE LOSS BY COUNTIES
Addison, (e4) $50 346; Bennington. C54) so
702: Caledonia, (73) 500 1872; Chittenden, Q3D
Si27. 621; Essex, (2l) s24,510; Franklin 900
So. sol; Grand Isle, t6) 1854; Lanoille (2S)
50, 1893; Orange, (62) s470So Orleans. go 500
$40; Rutland Q5D 1861 443; Washington, 0lS)
$40, sos; Windham. (95) $45,2i0; Windsor, GS)
s3l s56; total. O. 62) $556,775.
UupE LOSS nv MONTHS
January. u1p ss5 15s; February. Uo) sSS.
953; March, $3.50 s52.O3l; April, tSS) SH,4l
May. $50 $50 l26: June. (59) s25.S76; July, (9l
$S7, 434; August, (9D $3S.oo9; September. U6)
SO, 600: October. 1867 $,o,2S4: November C5)
$50. Al; December, 900 $5S,055; total, Q,O6-)
S556, l15.
CAUSES OF FIRE.
Tho following causes of fire are given,
Nres est,mate1 vai,,e Of nronertv' and
damage; Ashes and hot Goals. uo) 81,
Slol' bontlres, " WHO, VIZ candles, 'o'
sl5,4W. *s3 children playing with fire. u0)
*l3.5'4 S2'4S; chimneSs ana defective hues.
QIO S243.5e3 S5o,62o cigars, cigarettes. ana
TOBACCO pipes, ui) soo,01o, 1886: electrict
wires ana lights, % Sl3'5so Sl3. 6Os; engines
and boilers. Co N2,215, sl,o26; explosions,
alcohol, % $1,000 S2o; lamps lanterns, ETC.
(3D Sj9.lS' S2539 OIL % S4Oo. Sl5; fireworks,
~ 5000, sl35; forest fires. (22) $l56o,
$5O; friction in machinery O $50
sos, WIS; furnace. G) so4.6l2, sl2,64O;
stoves Ok ;ss. 800 81 7ss: IGNITION alcohoi
ana benzlne. to) SoaI, $2l0S; gasoline, t5)
$sa0o. Sl65; OIL and wax, "a NA'So. SgS9; in
cendiarisn'. Cd *lo,l24 Sl45.601; insane per
sons ID 500. 500: lamp and lantern acct
dents. o) s@So', sl6.257; lightning. ODD
Sl64.ooi, $5o''o6: lime shaking. ID $4,000.
$o9-; matches. go siSsS5o' $2'HS; oil stoves,