The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1914-07-30
FIRE INSURANCE BUSINESS
Report Of Insurance Business Done in
the State During Past Year

the State During Past Year
The advance sheets of the 1914 re
| port OF the state insurance depart
mcnt, showing the business of com
panies in this state for the year end
inc December 81. 1913. indicate that
the lire companies made a better show
inS for themselves than they did for
the previous year, says a Pierre dis.
patch. The foreign. state stock and
state mutual companies for the year
wrote risks of $152.S27 ,5S617, OF
which the foreign companies took
$l32.571 .5SN.l7, the state stock com
panies $5.6l5,17S, the balance going to
the state mutuals. The foreign com
panies showed an increase of $12,373,-
1897, and the South Dakota stock
companies a decrease of $625,076 in
this new business, while the South Da-
kota mutuals increased their risks by
81, 0l3,144 i've the previous year. The
combined companies showed an in
crease of $57, 0S7 .9S in premiums and a
decrease of $42,S55.S9 in losses paid
in returns to themselves of $99, 943.1S
over their 1912 business. The ex-
penses incurred by all the companies
in securing business for the year was
1929, 850.46, an increase, of which in
crease $64,S51.O6 was to the foreign
companies, the state stock companies
showing a decrease of $2,544.9S and
the mutuals a decrease of 5 ,905.S8.
In addition to the stock and state
mutual companies, the township and
county mutuals wrote risks to the
amount of $12, SOC, 562, an increase OF
$3,139,04S over their business of the
previous year, collecting premiums on
this to the amount of ~SS2,132.55, an in
crease of $"7,7S1.21, and paying losses
of ~$7S,46432, an increase of &c.,
63S.S5 over the 1912 business of this
NioCo VI COMPANIES. lhtIl tADCuStS
for the year were $40, 9O7.O7, an in
crease of l ,O6O.11.
The foreign life companies doing
business in the state show a gain over
the preceding year of 81 ,046, 664.67 in
risks written on a business of $14,612,,
1868, with losses paid of $472, 497 90,
and premium receipts of $2,099, $3.50,
an increase of $95,121.56 in losses paid
and an increase of 5000, 971.63 in prem
ium receipts. Their business was
done at an expense of 1882, 1856, an
increase of sos. 902.61 over the pre-
vious year. The South Dakota life
companies wrote risks for $685.
625.47, a decrease of $55S, 620.74 in
their business of the previous year,
and paid losses of $35,8S9.79, a de-
crease of $6,556.65. They received
premiums of $39S,496.76, an increase
of $6,SS1.0S. Their expenses for the
year were $182,646.S1, a decrease or
$16,111.25. The total gain in premium
receipts Of both foreign and home
companies was 1907, S52.91, of which
the foreign companies took 5000, 971.63.
The net increase losses paid by both
home and foreign companies was $S9,,
574.91.
The foreign accident companies
showed premiums received of $119,-
357.06, an increase of $12, 49,. 83, and
The South Dakota health and accident
companies showed a gain of $274.S0 in
a business of ~$6.499.05. The foreign
companies showed a decrease of ST.
412.19 in losses paid in a total of $780,
S75.04, and the South Dakota com
panies an increase of $2,119.15 in |,
total of $2,9S3.37. The expenses in
cured by the foreign companies were
$38,241.69, an increase of $9,936.23,
while the South Dakota companies
show expenses of $6,233.51, a decrease
of 81, 965.58
The foreign miscellaneous com
panies received premiums of $153,,
1923 and paid losses of $50, 81O.8S, at
an expense of $50, 036.06. The South
Dakota Surety companies received
premiums of s1O3, 1912 and paid
losses of $35,375.09, an increase of $16.-
986.43 over the previous year, doing
business at an expense of 94,417.53,
their showing of losses paid and ex-
penses being $26, $685. so in excess of
their premium receipts.
The foreign assessment and frater-
nal associations show risks written OF
1880, 900, a decrease of 1852, 500 over
the business of the previous year.
Their premium receipts were $780,.
312.70, a decrease of $1,814.83, and
paid losses of 1887, 794.44, a decrease
of 81. PAP over the previous wear. the