Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1920-06-30
Marine Insurance

! Marine Insurance
| Statistics given out by Insurance
Commissioner G. Walden Smith Tues
day show that during the past year
net risks of marine insurance were
written by Maine stock companies
amounting to s25,75s,o11.oo as against
the sum of s19.074,324.o0 for the pre-
ceding year. an, increase of $685.
/ $500; the net premiums received
| during the past year amounted to
s2ss.217.os as against s341.1S6.57 for
! the preceding year. a decrease of $751;
/ s1s.49; the net losses paid amounted
to $231,271.29 against the sum of
| s264.373.67 for the preceding year, an
| increase of s26,ss7.62; and the net
losses incurred amounted to s207,-
\ 42i.S1 against s231.573.15 for the pre-
ceding year, decrease of s24,151.34
During the past year stock COM
panies of other states wrote net fire
insurance risks amounting to S2ls,-
156.746.29 as against the sum of $685.
| 1,930.s5 for the preceding year, an
| increase of s9,2S4,545.44, the net pre-
miums received amounted to S3,531,-
1 332.79 against the sum of $685. 63.23
for the, preceding year, decrease of
| ss32.03G44; the net losses paid
amounted to s1,329,1S2S2 as against
the sum of sl,463. 603.05 for the pre-
ceding year, a decrease of sl34,44023;
and the net losses incurred amounted
| to $1,261.303.66 against the sum of
! S1.524,os3.5S for the preceding year;
decrease OF s252,7So12.
| Stock companies of other states
| wrote net marine insurance risks dur
ing the past year amounting to s55.-
| o54,lSs-00 as against the sum of $42,-
| 774,SsS.n for the preceding year, an
increase of s12.So9,3 052s; the net
premiums amounted to s274.17s.s7 as
against the sum of s266.17134 for the
preceding year. an increase of 1885,
90; the net losses paid amounted to
sss,z4S.57 as against the sum of ST.
$685. for the preceding year. an in
| crease Of S40.767.71; and the net
losses incurred amounted d ss6.s72 O,
| as against the sum of s69,4sI.12 for
the preceding year, an increase of
| s26,4S0.S9
Mutual companies of other states
! during the past year wrote fire insur
ahce risks amounting to $163,012.061-
~ as against the sum of SI32.5sO.
| 1lo.54 for the preceding year, an in.
crease of s30,431,s5125; the net nre-
miums received amounted to s1s 7s
e2s35 as against the sum of 81 sso
o|S.lS Tor the preceding year, an in
crease of sS1s,005.27; the net losses
paid amounted to s3o4,s31.O0 as
against the sum Of $176,79I.41 for the
preceding year, an increase of 1927
SSs'5s and the net losses incurred
| amounted to s2s7.62s.51 as against the
sum of s224,s54.22 for the preceding
year, an increase of s62,76s.2s.
Oefeetive Ch'mneys and Fires
| improperly constructed or defec-
| tive worn out chimneys are the cause
! OF more than 20 per cent of the fires
that occurred in Maine last year" de-
elares Insurance Commissioner G.
Walden Smith, Tuesday, and the
lamentable side of the question ia
that 80 per cent. were preventable."
Commissioner Smith. cooperating
with the National Board of Fire I'm
derwriters has issued a booklet on
the Construction of Chimneys," suit
able for use in cities and towns of
any size, with plans for building and
valuable information. Copies NAV be
procured free upon application to the
Insurance Department, State House.
This is subject attracting much at
tention from underwriters of all COM
.panies. 1t is recognized as one of
menace and danger alike to life and
property and Commissioner Smith is
directing campaign of education for
better chimney construction on
buildings of all kinds. *
Rura! Schools
An interesting survey has recently
been made by the State Department Of
Education in order to secure accurate
data concerning five points of impor-
lance in rural school management: (a)
School Improvement Leagues, OBJ Par
ent-Teachers' Associations. (c) Noon
Supervision. Cd Hot Noon Lunches in
lCuticura Talcu1nl L
/ IS Fragrant and II
Very HealthfulI|
Sample free Of cssiesss Labsrsssrssa. DspG |
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