The Birmingham age-herald., 1921-05-06
STATE INSURANCE NORMALCY RECORDS SMASHED IN 1920
All Classes of Insurance Show Big Gains for Year, lnSur- ance Commissioners
 Report Shows
By FRED H. GORMLEY Montgomery Bureau, The Age-Herald 221-e First National Bank Building

Montgomery, May 5-(Special.) )-Nor- malcy records were broken coming and going by all classes of insurance com panies in Alabama during 1920 accord ing to compilations of the state insur- ance department on business for 1919 and 1920 made public by A. W. Briscoe state insurance commissioner, today.
 Life insurance companies showed an in- crease in the total policies issued of $F, 0S7,501, while fire insurance companies showed an increase in the total risks carried of ssS,5S0, ,62137. The total life insurance business in Alabama in ly1s was $S9, ,213, ,459.33. This was increased to $135, 300 960. .33 in 1920 after allowing Tor all policies which were cancelled during the year. The total policies in force December 31, 1920, were si37 200, ,03S92. com pared with $3338 969, ,SS4. 40 al the close of the previous year. The total losses and claims incurred by life companies dur ing 1920 were $3,676, ,1S9.s9 compared with 8, 163, ,S17& the previous year. Total pre- millms received by the same companies in 1920 were $13, 45S, ,166.04, compared with $1O, S56.93 in 1919.
 Fire companies carried total risks at the close of 1920 of $509, 73s 1S0.03, com
  1919. They collected premiums of s7,5e0,- 494 20 in 1920 and $6. 434, 99 in 1919. Losses paid In 1920 were $2,729,S77.n and in 1919 2,21S, ,151. .65y Total losses oincurred in 1920 were S3,3 ,316,2S647 and in 1913 S2,l4s,3fo.0l
 Marine insurance companies carried tota1s risks of s175,66S,97S in 1920 and s137, 7,266,915 in 1919. They collected in net premiums last year sSso'szi.so. compared with $S11,777.31 the previous year. Their total losses paid in 1929 were s519,4O5.36, compared with $322.- 896.66, while the losses incurred in 1920 were, s575, ,05S,S6, compared with $314, 4,263.S5 in 1919.
 Total premiums of miscellaneous casualty companies in 1920 were S5,457,715.72 and total losses were $2,- 163,839,99, compared with total pre- miums of $2,557,495.7 and losses of $1,- 12s,961.93 in 1919. Included in the list oe miscellaneous companies are all workmen's compensation companies which entered the state for business January l, 1920, and which therefore are not included in any comparison. Total premiums of workmen's corhpen- sation companies during 1920 were S1s 565,116.19 and total losses paid were $373,061.2S. Commissioner Briscoe ex- plained that these figures do not mean that workmen's compensation com panies made the profit on operations which would be indicated by the fig ures. The losses include only the amount actually paid out during the year but many claims against these companies run for five years or even longer, depending upon the extent of the injury of the employees of com panies carrying workmen's compensa- tion insurance.
 The total business written by fra ternal insurance companies during 1920 " as sS5,693,55S and the ttoal policies in force at the close of the year were s109, 28S,191 Losses incurred during the year totaled s935, 5,695.43, while to- tai premiums collected were $1,970 926- 54.
 Financial statements of reciprocal companies are not included in any Of the tables, nor are figures for negro insurance companies available at this time.