The daily morning journal and courier., 1907-03-16

chONs Anat tno AtAsks haYe increased
 by Two MiIIions-AM of the Home
 Companies Said to be on Sound Els
 nancial Basis.
 Insurance Commissioner Theron Up son has submitted to Governor Wood- ruff Part I. of his annual report cover | ing the transactions in Connecticut during 1906 of fire and marine insur- ance companies. During the year twenty-five companies were admitted to do business in the state, none of them being Connecticut companies. Eleven companies withdrew from the state or reinsured their risks. Among this list is the Windham County Mutu- al of Brooklyn, Conn, which wound up It's affairs during the year.
 l There were one hundred and fifty- three companies doing business in the state, the report says, at the close of 1906, or seventeen more than the previ- ous year. Two of these were licensed to do marine business only and one, the Harwinton, has been omitted from the computation in the statistical part of the report. The tables show the business and financial condition of one hundred and fifty companies.
 The report comments favorably on the showing of the Connecticut cons panies in the San Francisco fire. say- | fy,ert ftO,1 To af ,4ssa our home companies to report on the situation. That report showed that the companies had adjusted and paid prac- tically all their losses in San Francisco. | The figures were startling. The Cone | necticut companies alone paid in round numbers eighteen million dollars on that great disaster, and all of those companies are still in sound financial condition with no doubt as to their ability to protect their policy-holders l the country over. The record is urri- vailed in the history of fire insurance.
 Cause for congratulation is also to be found in the fact that of all the companies of other states licensed to do business here four only were thrown into receivers hands by reason of the disaster. Connecticut has req son to be congratulated on having such | a high class of insurance companies operating within her borders
 The statistical part of the report is compiled from the reports of seven I Connecticut stock, fifteen Connecticut mutual companies, rinety-two stock companies of other states, and eleven ' rF 0tL es4o five foreign stock companies. It shows that the total risks written in Connect- icut during the year totailed $4O1s 1s669, against $392, S,525 in 1905 Of this business the Connecticut stock conpa- nies wrote $T,S14,T11. Connecticut mu- tual companies $37 ,206, ,OS5, stock cofnpa- ! .nies of other states, $191, O59, ,773 mutual of other states $6,264,eS6, and foreign stock companies, $S9,324t47S The risks increased $9,O50,6C3 over the previous year. The premiums received were | $4055, ,S6s.94, an increase of s140. 0.s57. .92. The losses incurred in Connecticut to- tailed $1,589, b4o69, an increase of $15S,- 426.7S over 1906. The losses paid to- tailed $1,521, OS4.7O, an increase of $193,- 16S4S
 The total assets of all the companies doing business in the state show an in- crease of $4,0O6. .S25.1S, and the liabilities, including statutory deposit, an increase of $Ssa, ,7SS, ,226E. The surplus as con cerns policy-holders decreased $27, ,49S,- S7229. The total premiums received by all the companies show an increase of $2S34S, ,681.2S for fire and S611 ,096.O2 for marine. The total income for 1906 was $S29, 453 ,4T867, an increase of $10G, ,S27, V 52617 over 1905. The total outgo for 1906 was $S27, ,697, ,21779, the excess fn- come being $1,756, ,96oS8.
 The total losses paid in 1906 show an increase of $125, ,SO4, ,979.4S, and the e0- penses including dividends amounted to $S6, ,854, ,O7.64, or an increase of $0- 590,S70.6O over 1905. The stock compa- nies of this and other states paid $6,- 692 94S.2S in dividends during 1906, de- crease of $479,2 ,2O1.80 over the amount paid in 1905 The amount of dividends paid by the mutual companies was $545, 7S299. being S657, ,77S.s5 more than the previous year.
 The amount of risks in force shows a net increase of $2,O67, 67,77164, and the losses paid an increase of $l25, ,8O4, ,97o 4S.
 The Windham County Mutual, which ceased business during tine year, liqui-. dated all claims against It and paid to policy-holders a dividend of fifty-ive and one-half per cent, amounting to $I636'O4