New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1906-05-02
No COMPANIES WILL FAIL
Insurance Companies Of Agency
Are Solvent.
Will Pay All San Francisco Los.
SeS in Full.
Henningsen Agency Most Com
plete in the State.

No doubt many of the people of this
city have been concerned in a more or
less degree about the value of the in
surance policies they hold org account
of the liabilities Of the comp knies in.
the San Francisco conaagratRn and
it will be interesting to them to learn
that probably not one of the compa-
MES doing business in this city will be
seriously crippled because of the los->
ses in the stricken city.
The Henningsen agency in this city
probably handles the bulk Of the in
surance business done in the city and
vicinity. The amount Of business ham
died by this agency is something more
than 81, 500, 100000 and it is written in
between sixty and seventy companies,
all old line and responsible.
From most Of these companies Mr..
Henningsen has heard and the letters
and kilograms he has received are the
most satisfactory, showing that his
companies will not only pay all Of
their losses in the ruined city but after
that is done will have a safe reserve
upon which to continue business.
Here are few of the kilograms that he
has received during the week past:
New Hampshire Insurance Co.,
'iFinanciai condition unaffected, issue
policies with perfect kafdence.''
Firemens Fund Insurance. Co., Chi
cago, "Will pay losses in full and
continue business uninterruptedly.
This latter company has it's head
quarters in San Francisco, and Mr..
Henningsen states that when he was in
San Francisco lie was a guest in the
home building of the company and
that the company vas entering upon
very prosperous period Of its exist
ence, but by reasoh of the fire will be
probably the worst pit Of all the com
panies. The cap,rSal of this company
is 81, OOO 900, assets ST ,22 ;;2 SOP and the
Surplus to policy holders, S3, 7lS,l44.
The company while it suffers most has
still a cheerfu@ front and says, "We
have passed through heconfa grations
at Boston, Chicago, Jacksonville and
Baltimore with colors flying. and will
now take care of our home city, a rec
ord which coulmends itself to policy
holders, agents and the public. =
The Traders Insurance Co. of Chi
cago, telegl'aphs: "rhe loss Of the
Traders in San Francisco will be
promptly adjusted and paid and the
company will continue in business with
ample resources
The Franklin Insurance Co. of Phi.
ladelphia telegraphs: ''The Franklin
will pay San Francisco losses as sooH
as adJusted.'
The Royal Insurance CO. says
'Royals immense resources equal any
emergency in San Francisco. Losses
will be paid promptly from home Of
fee funds, leaving American assets
unimpaired.
This company, as with all other for
eign companies doing business in this
.cosntry, has a valuation that does no
.aPFtar IN the statements that are prin
ted. They )55-y show the business II
the United States ard where this com
\ pany shows but about $500, 900, i
Alias in fact something over $4,000, OOt
and the losses will be paid out of thi:
foreign reserve.
The companies handled by the Hen
ningsen agency are as follows, all o
(which are affected by the losses il
Van FranciScO: