The Montgomery advertiser., 1907-05-05
INSURANCE
 IN ALABAMA Report on Business in
 Year 1906. INCREASE SHOWN OF s1,579,33s Total Premium Receipts of All Classes Are $S,537,254. Detailed Statistics Given in Pamphlet by State 0mcials on Various
 Kinds of Companies Oper-
 ating within the State.
INCREASE SHOWN OF H,57s,33s

The business done by insurance com panies of all kinds in Alabama during the year 1906, as exhibited in pre- liminary report just issued from the State Department of Insurance. was $S,537,254, an increase of $l,5i9,339 over the business done in the previous year, 1905.
 The report, published in pamphlet form, contains statistics of the business done by fire, marine and inland, tor nado life, miscellaneous and mutual aid insurance companies and IS prob- ably the fullest report of the kind yet made by the Insurance Department, Of which Hon. Frank N. Julian, Secretary of State, is ex-officio Commissioner. and Captain A c. Sexton is Deputy mmissioner. The statistics were compiled from annual statements filed December 3f. 1906.
 In addition to the figures showing the amounts of business done in 1904 and In preyious years, premiums and losses are shown, with ratio of losse to pre- miums Records of the companies ad- nitted, discontinued and withdrawn and of other changes since the annual report of the Department for the year 1905 up to and including April 50, are also in the pamphlet.
 The total of premiums received by various kinds of insurance companies during 1904 were: Fire $2.902,909; ma rtne, $9s,744; tornado, s4.167; life. s4,- 769.612; assessment and industrial S21g,976; miscellaneous, $541,S46; total for 1906, SS,537,254; total for 1905, $6,- s57,s15: increase. $1,579,SS9.
 About seventy fire insurance com panies were engaged in business in Alabama in 1906 and their total of pre- rniums was $2902 .909, an increase of s2742O2 over 1905. The amount of risks underwritten was $f65,552,f37, an increase of $16539,7SS. The losses in cured were S17S4972, as against $1.- 6S9,s44 in 1905. The ratio of losses to premiums in 1906 was 61,1 per cent, as against 64,3 In 1905 and against 56.5, the average ratio of the past ten years. The average premium rate in 1906 was TIT. compared with 1.79 the previous year. and 1.66, the average premium rate for the past ten years.
 Thirteen fire insurance companies were admitted and one readmitted du- ring 1906, and January, February. March and April, 1907; during the same period four were reinsured; three were placed in the hands of receivers and one withdrew.
 marine and inland companies was $29,- i65,792 on which s9S,74 in premiums was received and losses amounting to $2741T were incurred. The ratio oI losses to premiums was 27.7 per cent
 Only one company in the State un- derwrote risks against loss by tornadc and it's total of business was only s522.675, On which 1t received pre- miums amounting to $4,167 and incur red losses amounting to $49. The ra- ito of losses to premiums was only IT. per cent.
 The largest business done in insu- rance in the State was by the life com panies. They had in force December RI. 1906, 72,323 policies for a total amount of $137s32 S65. as against 6s,- 664 policies, amounting to $12S,359,26a