Report of the Insurance Department of the Comptroller-General's Office for the Year Ending December 31, 1920

HE LIBRARY OF
THE U IVERSITY Of GEORGIA7
Insurance Department
OF THE
STATE OF GEORGIA
FOR THE
YEAR ENDING DECEMBER 31
1920
BYRD PRINTWG 5
ATLANTA GA
INSURANCE DEPARTMENT STATE OF GEORGIA
ATLANTA GA January 1 1921
To His Excellency Hugh M Dorsey Governor
Sir
In compliance with law I have the honor to submit the
annual report of the Insurance Department for the year
ending December 31 1920
The detailed reports of the insurance companies asso
ciations and fraternal societies embodied herein show the
results of their operations for the year as well as their
financial condition at the close of the year
In my previous reports I have called your attention to
the remarkable growth of the insurance business in the
State The year 1920 will show the greatest gains made by
insurance companies in any one year The life insurance
written shows a tremendous increase in business of the life
companies The tables given below are for the purpose of
further impressing you with the proportions that have been
reached in the different lines
COMPARATIVE TABLE OP PREMIUMS IOSSES ETC POR YEARS
STATED
Year
1893
1903
1913
1914
1915
1916
1917
1918
1919
1920
Vear
1893
1903
1913
1914
1915
1916
1917
1918
1919
1920
FIRE AND FIRE AND MARINE COMPANES
Premiums Collected Losses Insured
169170800 104335400
319542600 143133300
632692600 321578800
576239470 399198286
630167279 421691362
731728794 676741405
907074079 722741314
1111244221 373185995
1410459626 615719054
1537230096 756835029
LIFE INSURANCE COMPANIES
Premiums Collected Amt Ins in Fcree
237524400 69931265
529881600 14267275100
1144052000 36762392100
106296300 33008271700
1164X400 36251669800
1270644870 38997529400
V 1437691161 43309924700
1580045515 483927361
1813201979 57668430795
2278873466 69906805900
library
Of
GEOBtAnnual Report
MISCELLANEOUS INSURANCE COMPANIES
Year Premiums Collected Losses Paid
J 12295700 1433300
1913 165351500 83297100
163958100 82734700
243028700 151784400
1916 189334100 832279 00
307323751 H7175630
IVI 312470536 126242382
H 491490391 186705416
1920 492182033 207087402
Thsf totals do not include the business of the assessment and local
industrial companies and the fraternal societies
COMPANIES REPORTING
At the close of the year 1920 309 companies reported to
this Department classed as follows
Fire and Marine 134
Life legal reserve 62
Miscellaneous 50
Assessment life and accident 3
Local assessment fire 12
Local industrial life 13
Fraternals 35
309
The following new companies were authorized to transact
business in the State in 1920
Fire
Abeille Fire Ins Co ParisProvidence R I
California Ins Obsan FranciscoCal
Dixie Fire Ins CoGrensboro N C
Federal Insurance CoJersey City N J
Fidelity Union Fire Ins CoDallas Texas
Great Southern Fire Ins CoAtlanta Ga
London Scottish Assur CorpNew York N Y
Marine Motor Ins CoGalveston Texas
Mercantile Ins Co of AmericaNew York N Y
United Firemens Ins CoPhiladelphia Pa
Victory Ins Co Philadelphia Pa
Virginia Fire Marina jis OS Richmond Va
World Auxiliary JEhorp LtdNov York N Y

M

Insurance Department of Georgia
Life
Southeastern Life Ins Co Greenville S C
f Miscellaneous
American Mutual Liability Ins CoBoston Mass
Columbia Casualty Ins CoNew York N Y
Hartford Live Stock Ins CoNew York N Y
Indemnity Ins Co of North America Philadelphia Pa
Integrity Mutual Casualty CoChicago 111
Lumber Mutual Casualty Co New York N Y
Norwich Union Indemnity CoNew York N Y
Fraternal
Security Mutual Benefit Association Topeka Kans
INDUSTRIAL COMPANIES
The industrial companies show an increase in business
as well as in the payments to policyholders These are
local companies organized under the laws of the State
regulating this class of business which is to cover life in
surance of small amounts and a weekly payment for acci
dent and sickness The premiums are collected weekly and
the figures below show the enormous amount of business
being done by such companies
The thirteen companies now organized and doing busi
ness collected in premiums and paid in losses the following
Premiums received 495470764
Losses paid254375808
FARMERS COOPERATIVE FIRE COMPANIES
These companies organized upon the cooperative plan
and on the assessment basis are to be given credit for the
good they are doing in their line The premiums or assess
ments are collected to pay the losses after the losses occur
Only a small amount is collected in advance The property
insured is pledged as security for the payment of the assess
ments There are twelve of these companies reporting to
3lU0
ft Annual Report
the Department The following statement shows the prem
ium collections and payments for losses
Assessments collected 3S
Losses paid 6096651
NONRESIDENT ASSESSMENT LIFE COMPANIES
We have three of these assessment companies of other
States doing business in this State There are no local
companies organized upon this basis The following state
ment shows the amounts collected and losses paid
Assessments collected o ooooa
Losses paid 133oLJ
FRATERNAL SOCIETIES
There are thirtyfive fraternal benefit societies report
ing to this Department Thirtyone issue certificates of lite
insurance and the other four issue accident certificates Ine
amounts of assessments and losses paid are as follows
Ian
Assessments
Life 31 151455554
Accident 4 4945200
Losses
91670826
2549367
EXAMINATION OF COMPANIES
The laws of this State provide that the Insurance Com
missioner shall at stated intervals cause examinations to
be made of the affairs of the several insurance companies
organized under the laws of this State which examinations
are conducted by special examiners appointed by the De
partment who report under oath to the Insurance Depart
ment the financial condition of the company and submit
such recommendations for the consideration of the Insur
ance Commissioner as are deemed necessary for the suc
cessful conduct of the companys business The following
companies were examined during the year 1920
Fire Companies
Savannah Fire Insurance CoSavannah Ga
Life Companies
Standard Life Insurance CoAtlanta Ga
QInsurance Department of Georgia
Industrial Companies
Atlanta Mutual Ins CoAtlanta Ga
Fireside Mutual Ins CoAtlanta Ga
Georgia Mutual Ind Life HealthAugusta Ga
Peoples Health Life Ins CoMacon Ga
Fraternal Orders
Masons Annuity Atlanta Ga
FIRE INSPECTOR
I have heretofore called your attention to the untiring
efforts of the State Fire Inspector in his work in investigat
ing suspicious fires A comparative statement for the last
six years will show the effect of his work
1915 Suspicious fires 101
1916 do 85
1917 do 43
1918 do 34
1919 do 32
1920 do 25
During the year 1920 there were reported to this depart
ment twentyfive suspicious fires Thorough investigations
were made with the following result Ten persons were
bound over by the grand jury five of whom are now await
ing trial There were three convictions and two discharged
by jury trial
The Fire Inspector is without authority to employ coun
sel to assist him in the discharge of his duties When court
is in session he can take his cases to the grand jury but
between sessions he is forced to take his case to a justice
of the peace The defendant has the right to demand an
immediate trial and with his atorney he has the advantage
of the State Fire Inspector who must conduct the States
case by himself and without legal advice I believe if the
law is amended so as to permit the results of these investi
gations to be carried before the SolicitorGeneral in the
circuit in which the fire occurs and obtain his assistance
that more convictions can be had The present law does notAnnual Report
place such matters in the hands of the SolicitorGeneral un
til the case is ready for the grand jury
The following is a statement of the condition of the Fire
Inspector fund
Cash in bank January 1 1920
Cash in hands Fire Marshall 193905
4300
Rnopenses X
4765
Total
1655539
Disbursements
Salary Fire Marshal
Traveling and other expenses 1 227740
74245
301985
Cash balance December 31 1920
1353554
REVENUE RECEIVED FROM INSURANCE
COMPANIES
I submit the following statement showing the revenue col
tooted through the Insurance Department and the expense
of the Department for the year ending December 31 1920
The legislature of 1919 increased the tax on gross premiums
ol insurance companies from 1 to 1V which in a We
measure accounts for the very large increase of 30791003
i the revenue collected over that of the previous year
ssisnSd0 not mclade the iiections r v7
REVENUE COLLECTED
Licenses for companies and agents
Tax on Insurance Companies 1 12 per TpSuS eSlMoS
Total collections
6876877
DEPARTMENT EXPENSES
The following statement shows the expenses of the De
partment for the yea
Postage
Telegrams 111111 25500
Printing and stationery 1022
Furniture and supplies 323197
Salaries 219 47
Total 1002500
1371166Insurance Department of Georgia 9
COMPANIES IN PROCESS OF LIQUIDATION
The one company left in the hands of the Insurance De
partment for liquidation is the Empire Life Insurance
Company The policies in force at the time the company
was turned over to the department were reinsured by the
International Life Insurance Company of St Louis Mo
said contract for reinsurance being approved by the Court
This contract guarantees for seven years the payment of
the face of the policies without deductions for deficiencies
in the reserve on said policies The question of the priority
of creditors has not yet been adjudicated but is pending in
the courts and must be determined before any further dis
tribution of the assets of the company can be made to cred
itors The Supreme Court has held that so far as living
and deceased policyholders are concerned they must be
treated on a parity A payment of 50 per cent on death
claims was made in 1918 and until assets are received suffi
cent to make payment of 50 per cent on the claims of living
policyholders no further distribution can be made on death
claims
There is litigation still pending in Alabama and Florida
over the subscription notes The Supreme Court of Ala
bama first held against our contentions and then on motion
for a rehearing the Court changed its opinion and placed
the decision more in line with the current of authority but
it has still made our case a difficult one The collection of
the subscription notes in Florida has offered probably the
most unpromising outlook because the makers of the notes
are widely scattered and very few of them appear to have
any solvency
Litigation against the company is still pending in the
Superior Courts of Fulton and several other counties all
of which is being pressed to a conclusion by the Attorneys
representing the Department
As stated in my last report the office building in Atlanta
known as the Flatiron Building the largest asset of the
Empire Life turned over to the Insurance Department
was sold in March 1920 for 500000 The purchaser as1 Annual Report
sumed a mortgage of 260000 placed on the property be
fore it came into the hands of the Department and made
a cash payment of 40000 with deferred payments of 50
000 every six months until the balance of the purchase price
IS p311
I append hereto report of an examination of the books
records and transactions of The Empire Life for the last
twelve months made by Womack Harper Banslev Cer
tified Public Accountants
WOMACK HABPEB BANSLEY
Certified Public Accountants
Atlanta Ga
ti v tt April 201921
Honorable Wm A Wright
Insurance Commissioner
State of Georgia
Dear Sir
Pursuant to your request we have made an examination
of the books records and transactions of The EmSre Life
Insurance Company Atlanta Georgia in liquida io i w th
SSTfc1SSSthe sale of real estate k
We have made the examination for the period January
1st to December 31st 1920 and present our eport htewith
Interest on bonds
Rent on calculating machine 600
Viir reinsurance contract J500
Sale Flat Iron Bunding and net Srii I
Total income and credits
Disbursements and Charges 115033897
Advertising
Rent of officeI 7250
Legal fees and court costs 35000
Charges under reinsurance contract 363120
HnntT V iSS on reinsurance contracts 2727740
Stock in building company book value if VtT 4771998
par value written off stock n excess of
19430741
Total disbursements and charges
J27835849Insurance Department of Georgia 11
STATEMENT OF BOOK ASSETS AND LIABILITIES AS OF DEC 31 1920
Assets fil qn
Cash items on hand liiVi
Cash in banks if Tn
Certificates of deposit 84
Liberty bond ISO 82925
Purchase money notes
Notes receivable for capital stock t oJai
Mortgage loans
Collateral loans r7Z fj
Policy loans notes liens dissenting policyholders 1041325
Agents balances JStSHS
Accounts receivable fl
Real estate DeKalb County i22
Treasury stock 107 shares Empire Life Insurance Co 791080
Furniture and fixtures 1418835
Total assets book value 54989224
Liabilities
Reinsurance LiensReserve as established by the
reinsurance contract March 17 191650217420
less lapsed liens to March 16 1920 1678727933430141
Reserve for dissenting policyholders iHccos
International Life Insurance Co as of 316 20 805bb9X
Policy dividends Mtltiiil
Death claims itllo
Sick and accident claims Jj
Contested death claims cinQRq
Accounts payable il
Notes payable
Accrued salaries of officers oqf in
Dividends unpaid JJ
City and county taxes luamiu
Total liabilities exclusive of capital stock 61834576
Capital stock December 31 1920 28555250
Attention is directed to the fact that the assets shown on
the foregoing statement are at book values The realization
of the items can only be determined by the actual collection
and sale
Eespectfully submitted
WOMACK HARPER BANSLEY
Certified Public Accountants
Reported by
J D Bansley C P A
Audit No 339
STATE MUTUAL LIFE INSURANCE COMPANY
Since the Court placed this Company in the hands of the
Insurance Department with instructions to operate it for
the benefit of the policyholders its affairs have been ad
ministered by a Special Deputy under my direction and I12
Annual Report
append hereto the report made to this Department by the
Special Deputy for the year ending December 31 1920
Hon Wm A Wright
Insurance Commissioner
Atlanta Georgia
Dear Sir
As Special Deputy Insurance Commissioner in charge
of the properties and conducting the business of the State
MutualLife Insurance Company I respectfully submit
herewith my report covering operations of the Company for
and during the year 1920
Statement showing Income and Disursements for the
calendar year 1920 also financial statement as of December
31st 1920 is hereto attached marked Exhibit A The
several items shown in this exhibit will doubtless be found
seJIexplaiiatory requiring no comment for full understand
ing
At this time it may not be amiss to summariee results of
the Companys operations since you took charge of the af
fairs and business of the State Mutual At that time audit
and report of Consulting Actuary submitted under your di
rections showed a large impairment of reserve and in ad
dition to recognized and acknowledged liabilities other
items of unrecognized and unknown liabilities aggregated a
very large sum as subsequently developed for which no re
serve or adequate provision had been made
Further the Company having been in the Courts for sev
eral months with unfavorable publicity and resulting un
certainty on the part of the policyholders as to its future
many policyholders discontinued premium payments on that
account A substantial part of these policyholders were
subsequent v reinstatedbecause of having been reassured
that the affairs of the Company under your management
M be conducted with strict conservatism and impartial
ity in the sole interest of the policvholders
lhe most difficult and perplexing problem confronting
the management has been the disposition and liquidation ofInsurance Department of Georgia
13
the large holdings of real estate acquired before the Com
panys affairs were taken under your supervision and di
rection at an excessive valuation unprofitable and a bur
den While the liquidation of the Companys real estate
holdings has not been placed on an entirely satisfactory
basis particular reference is made to the itemshown un
der the head of Assets in Exhibit Aof 23614344 also
to the item under the read of Profit and Loss showing re
duction made during the year in the valuation of real estate
holdings in the sum of 2400915 and to the item of rents
appearing under Income
During the year preceding your taking over the Com
pany as Insurance Commissioner a net income of only 13
73838 was realized on average holdings of 91779202 of
real estate investments whereas during the year 1920 a
net income of 1135754 was realized on the reduced hold
ingsapproximately 5 on present values
It is our purpose to continue our efforts to keep present
holdings on the best possible paying basisand to liquidate
same as soon as it can be done on satisfactory terms
During the year we settled and disposed of claims that
had heretofore been a drain upon the Companys surplus
income to the extent of 480000 per year Adjustment of
these claims was made on an equitable basis satisfactory to
claimants and advantageous to the Company and its policy
holders
During the time of our management we have paid in
death claim benefits to beneficiaries under policies the sum
of 101803738 Policyholders discontinuing premium
payments without taking Paidup or Extended Insurance
options have received the advantage of the Automatic Non
forfeiture provisions of their respective policies
Notwithstanding the radical change in general business
conditions during the closing months of the year 1920 af
fecting the State Mutual in common with all other business
the year showed continued improvement in the Companys
condition A comparison of this statement with that of
1919 will show some increase in death claims fewer policies14
Annual Report
surrendered or cancelled and a substantial reduction in
total of expense disbursements
nanvTr7 SUrCeS WeV had assies that the Com
hSLter bTtTUT11 ld in
With the return of more stable business conditions we
are sanguine that our appointed task of making good the
ffiXSSr PUttIng the State MutuagHn c n
bhlr CnCern f ree f restrain
Yours very truly
HAMILTON YANCEY
Special Deputy Insurance Commissioner
EXHIBIT A
Assets December 31st 1919
Premiums INCOME
Interest
293746816
Mortgage loans etc
Bonds 58o002
Policy loani etc7 7dV
Deposits 7627472
General 231730
1717461
63443
nthtalinterest and rents
Other items
Total income
Death claims
Disability claims
Annuities
Surrendered policies
To cancel policy
Endowments
Disbursements
14045690
12500
4945000
value applied
loans
15627130
43952
42434525
336181341
Coupon reductTorroTpremiums m705
15244181
Total payments on policies
Renewal commissions
Traveling expenses
Salaries
Rent own occupancy
Printing postage etc
iegal expenses
Taxes on real
Taxes on premiu
3UtP censes and fees
Other items
iieumste an3 persnal Property
Amortization of bonds te
f37590076
174206
45807
1193000
2500
63S53
38033
581707
127804
1206659
82460
10475
119987
91425
10000
2400915
42558
Total disburs
sements
11028965
2921 J2376Insurance Department of Georgia
15
LEDGER ASSETS
December 31 1920
Real estate
Mortgage loans
Policy loans
Premium notes
Bonds U S State and municipal
Cash on deposit at interest and in office
Agents debit balances
Total ledger assets
NONLEDGER ASSETS
Interest due and accrued
Mortgage loans
Bonds
Rent due and accrued
Unearned Are premiums
Net uncollected and deferred premiums
Gross assets
ASSETS NOT ADMITTED
Policy loans and lien notes in excess of reserve
Agents debit balances
100421
138500
Total not admitted assets
Total admitted assets
Liabilities
Net value of outstanding policies 5
Death claims in process of adjustment
Claims for death losses adjusted and not due
Death claims resisted litigation pending when Insurance Com
missioner took charge of Company
Reserve for net death losses incurred but unreported
Coupons and dividends left to accumulate with interest
Premiums paid in advance
Interest paid in advance
Renewal commissions to agents accrued
Medical and inspection fees accrued
Miscellaneous bills and accounts
Taxes accrued
Unassigned funds or contingency reserve
23614344
98645089
139747296
6541538
20053769
3411840
138500
292152376
4053561
300870
58175
48731
1501534
98115247
238921
297876326
283512564
4387400
1373275
300000
400000
993678
10665
3050285
250709
26100
228002
59352
3284296
Total 29787632616
Annual Report
AMENDMENT OF INSURANCE LAWS
Experience in the administration of what is known as the
general Insurance Act approved August 19 1912 has fully
vindicated the wisdom of the legislation embraced in this
act Ihere are several minor amendments to the statute
that m my judgment would afford additional protection ro
citizens seeking insurance in several classes of companies
which are authorized to do business in this State under the
act above referred to In order to call attention to the
necessary changes I deem it wise to draft bills embodying
the proposed amendments which I will submit to the chair
men of the House and Senate Committees on Insurance
which recommendations I trust will meet the approval of
General Assembly
I have the honor to be
Very Respectfully Your Obedient Servant
WM A WRIGHT
Insurance CommissionerTables Showing Business
of
Insurance Companies
Operating in Georgia
During 1920TABLE NO 1
Showing Business of Fire Insurance Done in Georgia for Year Ending December 311920
COMPANY
Abeille of Paris
Aetna
Agricultural
Alliance
American Alliance
American Central
American Druggists
American Eagle
American of Newark
Atlantic Mutual
Atlas London
Automobile
Bankers Shippers
Boston
British America
Caledonian
California
Camden Fire Insurance Association
Central Mfgrs Mutual
Citizens of Mo
City of New York
Columbia
Commercial Union Assurance
Commercial Union Fire
Commonwealth
Concordia
Connecticut Fire
LOCATION
Providence R I
Hartford Conn
Watertown N Y
Philadelphia Pa
New York City
St Louis Mo
Cincinnati Ohio
New York City
Newark N J
Savannah Ga
New York City
Hartford Conn
New York City
Boston Mass
Toronto Canada
New York City
San Francisco Cal
Camden N J
Van Wert Ohio
St Louis Mo
New York City
New York City
New York City
New York City
New York City
Milwaukee Wis
Hartford Conn
Risks
Taken
During
47
6
5
1
393895
293501
856100
184500
884322
695463
207475
625038
179351
029816
853977
442714
040675
036629
049472
959181
403084
210736
393342
840678
291627
058170
020856
785154
493892
953841
782139
Premiums
Received
527771
80950714
6026680
5480704
1794454
10086704
313749
8971174
10297528
5894332
16207617
11620954
7838156
4015570
4323029
4080539
2624157
8303274
2081206
7306653
3254030
698756
16408702
5389622
44774748
8144037
7572996
t
Losses
Paid
34163598
2613279
16540
205216
2574303
10736
2109021
4196433
1986050
8152043
4963221
2412063
1276737
1849408
1503028
123126
4001477
882951
1265318
242250
4748
8698099
639762
909974
2077861
24876281
Incurred
41002432
3701217
1805388
552816
2896819
10736
3971871
5240415
2308258
9390595
4509991
2728622
1787743
2161251
1400489
167852
4437285
1330390
1328117
1673458
98748
13394928
942587
1713834
2912147
3118964Continental
County Fire
Dixie
Eagle Star British Dominions
Equitable Fire Marine
Federal of New Jersey
Fidelity Fire
FidelityPhoenix
Fidelity Union
Fire Association of Philadelphia
Firemans Fund
Firemens of Newark
Fitchburg Mutual
Franklin Fire
Georgia Home
Girard Fire Marine
Glens Falls
H Globe Rutgers
J Great American
Great Southern
Hanover Fire
Hardware Dealers Mutual
Hartford Fire
Home Fire Marine
Home
Hudson
Importers Exporters
Indiana Lumbermen Mutual
Insurance Co of North America
Insurance Co of State of Pennsylvania
Liverpool London Globe
London Assurance
London Lancashire
London Scottish Assur Corp Ltd
Lumbermens Mutual
Lumber Mutual
New York City
Philadelphia Pa
Greensboro N C
New York City
Providence R I
Jersey City N J
Sumter S C
New York City
Dallas Tex
Philadelphia Pa
San Francisco Cal
Newark N J
Fitchburg Mass
Philadelphia Pa
Columbus Ga
Philadelphia Pa
Glens Falls N Y
New York City
New York City
Atlanta Ga
New York City
Stevens Point Wis
Hartford Conn
San Francisco Cal
New York City
New York City
New York City
Indianapolis Ind
Philadelphia Pa
Philadelphia Pa
New York City
New York City
New York City
New York City
Mansfield Ohio
Boston Mass
44335189
1830750
708092
8520127
1152093
555731
1022816
2238368
40294
21192465
18603340
6113606
855736
9587197
2412726
2711447
8763206
23149415
18896388
137100
5581235
483325
53528061
3803936
215959
563642
418955
386450
25312160
5637751
23504826
2184190
8707568
1948813
1176400
432775
51
4
3
38166495
2443742
806456
11068147
1467197
669115
1879353
32615651
46909
30794748
29773859
9305363
2093355
9757466
3882908
4434777
7391059
35145324
23482205
66705
71082
443283
93656325
4760570
65781559
5047761
5504199
779734
31640178
9300974
35324154
3486567
9954088
2062937
2044426
1368148
11154068
671757
548169
5586232
428454
1417207
9097644
50000
14176154
10475735
2261822
537639
3158599
1648236
1617395
2732661
21486886
9049128
17083912
673692
645853
6137055
706424
4006359
84632
52045033
1632406
19219348
2450007
846176
100000
14337284
3329487
14807786
425120
2021974
138099
1244089
250000
1753617
13478301
51000
13952488
10742301
3823328
672925
4334428
1733412
1841182
3744961
24168931
9303728
4633390
84632
71328246
1996935
27680341
3108952
1227376
362500
16033668
3951692
16427986
725820
2629396
597040
1613322
505000TABLE NO 1Continued Showing Business of Fire Insurance Done in Georgia for Year Ending December 31 920
COMPANY LOCATION Risks Taken During Premiums Received Losses
Paid Incurred
Marine Motor Ins Co of America Galveston Tex 268945 7500
Maryland Motor Car Baltimore Md
Massachusetts Fire Marine Boston Mass 1223733 2241562 1651921 1530202 593187 6166549 1359349 3867977 4498420 25545924 11348636 8291269 1601084 3384156 9324382 2667609 2010036 7483936 17483374 10196685 2141397 3302599 5397761 7380696 6487274 307288 3162087 1554860 453117 1633767 9191376 2065276 5621709 7064126 31181779 18222727 11471527 2329579 5868566 80930159 3904508 3032103 11330633 17769086 15557774 3337195 5519939 5644806 6145533 10763546 1172747 953893 435381 49963 2328736 2391638 1026970 1998804 3016767 10004151 5628975 4747805 1168567 1568630 4888812 2043311 633753 3876725 5889124 7968279 2228086 2258739 2594100 2029909 2796750 882140
Mechanics Philadelphia Pa New York City 842747
Mercantile of America 599411
Mercantile Mutual Providence R I Fort Worth Tex 133592
Millers Mutual 1324657
Milwaukee Mechanics Milwaukee Wis Owatonia Minn 2628440
1510823
Pittsburgh Pa 2322196
Providence R I 4002871
Hartford Conn 11336965
New York City 6708482
Pittsburgh Pa 4176615
Newark Fire Newark N J 1143467
New Brunswick N J Manchester N H San Francisco CalNew York City 1740544
3449914
2039811
1015653
4192172
New York City 7770839
New York City 8829337
New York City 2396048
New York City 2551216
New York City 2101779
Hartford Conn New York City 2330522
5978125
Palatine London
Palmetto Fire
Pennsylvania Fire
Pennsylvania Lumbermens Mutual
Pennsylvania Millers Mutual
Peoples National
Phenix Fire Paris
Phoenix Assurance
Phoenix Insurance
ProvidenceWashington
Queen of America
Rhode Island
Royal Exchange London
Royal Insurance Liverpool
Savannah Fire
Scandinavian American
I Scottish Union National
Security
Southern Mutual
Springfield Fire Marine
Standard Fire
Standard Marine Liverpool
Star of America
Sterling Fire
St Paul Fire Marine
Stuyvesant
Sun Insurance Office London
Superior
Svea Fire Life Sweeden
Thames Mersey Marina Liverpool
Tokio Marine Fire Japan
Union Assurance London
Union Fire Paris
j
Mill II III liil
ninTiiH
Union Insurance Society Canton China Chicago III
New York City
Sumter S C
Philadelphia Pa
Philadelphia Pa
Wilkes Barre Pa
Philadelphia Pa
Providence R I
New York City
Hartford Conn
Providence R I
New York City
Providence R I
New York City
New York City
Savannah Ga
New York City
Hartford Conn
New Haven Conn
Athens Ga
Springfield Mass
Hartford Conn
New York City
New York City
Indianapolis Ind
St Paul Minn
New York City
New York City
Pittsburgh Pa
New York City
New York City
New York City
New York City
Providence R I
2
4
8
13
5
20
7
18
9
0
8
44
061912
515907
057479
464070
354578
663511
241772
581239
074714
823157
738618
556878
238215
797419
700483
440978
559914
237369
656239
581254
344309
991970
523098
524423
758345
218824
4606604
430847
124098
165342
875257
KiS9S364
1543074
7660382
867024
772503
4222119
6799083
9608361
13837319
9721965
28851557
11398916
4923639
39315948
1719691
11888196
10435204
6920388
36602682
10823299
964582
6164401
2433641
10790729
8130724
13302374
7293661
4121948
2411897
10391330
7786007
4256939
1013049
2454560
250000
655142
1156942
3470901
3172591
5404053
6572438
10025161
4741103
1817654
17374729
1450315
2869587
3943575
2691611
10164552
37445
924556
2224178
43516
3091094
3345050
6425331
3835347
1996363
478830
4494224
4056257
4673207
1065676
3502650
590000
918646
1687968
4289250
3994591
6852521
7772514
12663083
5369909
1844894
20316929
502174
3445798
3610175
2927486
9930949
6086425
961014
2222478
343516
3632319
3906088
7366631
3606523
2529163
390330
5546590
4497872TABLE NO 1Continued
Showing Business of Fire Insurance Done in Georgia for Year Ending December 311920
COMPANY
LOCATION
Risks
Taken
During
Premiums
Received
Net Losses
Paid
Incurred
United Firemens
United States Fire
U B Lloyds Inc
I Trbaine Fire Paris
Victory
Virginia Fire Marine
Westchester Fire
Western Assurance
World Auxiliary Ins Corp Ltd
Yorkshire Ltdt
Philadelphia Pa
New York City
New York City
New York City
Philadelphia Pa
Richmond Va
New York City
Toronto Canada
New York City
New York City
767172
8277514
1091734
11318496
227077
2120793
10497693
3555089
2283503
8665130
6231357
1132513
7291864
11808904
3944366
2939183
10436268
5968681
841506
12161157
4315838
601861
165247
4849509
1445157
933
6748094
411185
2048493
3900766
602109
530047
5303423
1433000
278540
8720195
Column Totals
983613448
1328847205
516364846
624631280TABLE NO 2
Showing Marine and Inland Insurance in Georgia for Year Ending December 311920
COMPANY
Aetna
Agricultural
Alliance
American Eagle
American of Newark
Atlas London
Automobile
Boston
Camden Fire Insurance Association
I Central Mfgrs Mutual
Citizens of Missouri
City of New York1
Columbia
Commercial Union Assurance
Commonwealth
Concordia
Connecticut Fire
Continental
Eagle Star British Dominion
Equitable Fire Marine
Federal of New Jersey
FidelityPhoenix
Fire Association of Philadelphia
Firemans Fund
Firemens of Newark
Franklin Fire
Glens Falls
LOCATION
Hartford Conn
Watertown N Y
Philadelphia Pa
New York City
Newark N J
New York City
Hartford Conn
Boston Mass
Camden N J
Van Wert Ohio
St Louis Mo
New York City
New York City
New York City
New York City1
Milwaukee Wis
Hartford Conn
New York City
New York City
Providence R I
Jersey City N J
New York City
Philadelphia Pa
San Francisco Cal
Newark N J
Philadelphia Pa
Glens Falls N Y
Net Risks
Taken
During
Year
25
1
2
1
1
108
1
1
12
7
34
4
Net Premiums
Received
110634
553900
254532
588210
195900
457733
573477
845734
777060
118484
39865
4982
094040
303664
121950
387642
834278
686821
700
744586
439279
069712
10000
427239
151661
79475
203401
7192407
346683
172008
373201
1940713
1041147
227668
1052674
1893687
223405
53908
1779368
1437345
29022077
212181
504f53
12709
3193924
1925
316938
328492
1991190
170
6799794
2042306
209958
2341631
Net Losses
Paid
6616755
175638
169241
199900
934550
983552
546637
1172569
1411825
142238
346505
330568
2197480
15359941
77906
324998
681244
1992536
Incurred
73181
71117
1991961
2525
6266803
1933706
339305
189671
7366755
395067
169241
231104
1464350
1119152
546637
767962
1423825
142238
362805
215968
2542830
115577
140656
354998
742856
2047964
95479
19258
2046769
6707706
1576306
339305
269671 TABLE NO 2Continued
Showing Marine and Inland Insurance in Georgia for Year Ending December 311920
COMPANY
Great American
Hanover Fire
Hartford Fire
Home Fire Marine
Home
Hudson
Insurance Co of North America
Liverpool London Globe
London Assurance
London Lancashire
Lumbermens Mutual
Marine Motor Insurance Co of America
Maryland Motor Car
Massachusetts Fire Marine
Mercantile of America
M il waukee Mechanics
National Ben Franklin
National Fire
National Liberty
National Union
Newark Fire
New Brunswick Fire
New Hampshire Fire
New Jersey
Niagara Fire
North British Mercantile
Northern Assurance
North River
Norwich Union
Orient
LOCATION
New York City
New York City
Hartford Conn
San Francisco CaL
New York City
New York City
Philadelphia Pa
New York City
New York City
New York City
Mansfield Ohio
Galveston Tex
Baltimore Md
Boston Mass
New York City
Milwaukee Wis
Pittsburgh Pa
Hartford Conn
New York City
Pittsburgh Pa
Newark N J
New Brunswick N
Manchester N H
Newark N J
New York City
New York City
New York City
New York City
New York
Hartford Conn
Net Risks
Taken
During
Year
5378604
452947
17304717
561514
4410543
3051388
30866497
6511332
9359507
767121
56115
Net Premiums
Received
1182516
1469
14150
208995
192827
727737
458426
1589047
71095
2262839
109026
296837
798347
486224
624188
2092438
254744
3907773
367228
4282884
540672
1371585
318724
17401520
307856
3080563
1202660
136431
16105
2640130
303
71050
363652
593272
618130
1051423
1336560
198266
4767965
289601
1055553
2854774
1173805
1824059
52032
1551211
395830
Net Losses
Paid
2553029
21588
3199430
599646
824031
67
9492725
2085620
5554817
1428079
187542
1188718
15547
201656
471898
317308
1324678
588012
138565
4047046
55424
1669670
1826553
570092
2810599
4450
230043
314429
Incurred
3123229
27188
4564099
1103646
1729118
20775
10085225
2430620
7301746
1490779
187542
1757518
16087
400923
1055462
545680
1928548
2396975
272065
5914550
292724
179417o
2053153
40989o
315119a
550
230043
575529TABLE 2Continued
Showing Marine and Inland Insurance in Georgia for Year Ending December 311920
Pennsylvania Fire
Phoenix Assurance
Phoenix Insurance
ProvidenceWashington
Queen of America
Royal Exchange London
Royal Insurance Liverpool
Scandinavian American
Scottish Union National
Security
Springfield Fire Marine
Standard Marine Liverpool
j Star of America
R Sterling Fire
St Paul Fire Marine
Thames Mersey Marine
Tokio Marine Fire Japan
Union Insurance Society Canton China
Union Marine Ltd Liverpool
United States Fire
United States Lloyds Inc
Westchester Fire
Western Assurance
World Auxiliary
Yorkshire LtdI
Philadelphia Pa
New York City
Hartford Conn
Providence R I
New York City
New York City
New York City
New York City
Hartford Conn
New Haven Conn
Springfield Mass
New York City
New York City
Indianapolis Ind
St Paul Minn
New York
New York City
Chicago 111
New York City
New York City
New York City
New York City
Toronto Can
New York City
New York City
1
3
6
4
4
32
1
1
2
10
Column Totals
10250
081384
800926
221268
579340
743362
621285
920813
098586
457861
975733
868238
202538
50605
917045
074035
762320
127747
22826
174308
591257
179715
183573
477436
415908600
39095
487675
2324825
9087275
4011942
3756015
4755871
352993
1114342
2605009
636788
15212912
457083
23123
6223351
4422691
14161
277241
1678407
542647
5062651
1120937
65537
347942
1113923
186877982
368012
593750
7736702
1145353
3492143
3447755
3300
910154
1520478
776586
3734131
406458
55000
4305449
2113610
1478830
846481
178649
4221071
438419
112325
942309
12508728
375112
718261
8413673
1948353
3841554
3475255
3300
910154
1841716
785780
608831
857458
330000
4246911
2119135
1400576
94967
3598691
525064
4516410
505034
207293
942309
128329349TABLE NO 3
Showing Business of Tornado Insurance in Georgia for Year Ending December 311920
COMPANY
Aetna
Agricultural
American Alliance
American Central
American Eagle
American of Newark
Atlas London
Automobile
Bankers Shippers
Boston
Camden Fire Insurance Association
Citizens of Missouri
Columbiat
Commonwealth
Connecticut Fire
Continental
Eagle Star British Dominion
Equitable Fire Marine
FidelityPhenix
Fire Association of Philadelphia
Firemans Fund
Firemens of Newark
Franklin Fire
Girard Fire Marine
Glens Falls
Great American
Hardware Dealers Mutual
LOCATION
Hartford Conn
Watertown N Y
New York City
St Louis Mo
New York City
Newark N J
New York City
Hartford Conn
New York City
Boston Mass
Camden N J
St Louis Mo
New York City
New York City
Hartford Conn
New York City
New York City
Providence R I
New York City
Philadelphia Pa
San Francisco Cal
Newark N J
Philadelphia Pa
Philadelphia Pa
Glens Falls N Y
New York City
Stevens Point Wis
Net Risks
Taken Net Premiums Net Losses
During Received
Year Paid Incurred
3449006 2248945 562626 562626
52560C 91676 1372 22127
40065 1516C 417812
646549 4373 4373
75922 22800 93763
158732 4667 4667
197475 38583 5480 5480
1102464 537103 3429 3429
92275 72170 6065 719
407718 6708 6708
816365 606579 4961 4961
256800 120738 5512 39181
9000
38390 12821 12821
393250 299795 12387 12387
742518 379900 577698 577698
109750 57983 855 855
49792 41279 898 898
539656 319400 23176 26376
572542 1467726 1270949 1327849
378653 690792 189666 106100
217238
530262 5897 5897
63350 7271 5834 5834
119914 67221 5671 25571
736506 102635 8697 8697
9483 3391
Hartford Fire
Home Fire Marine
Home
Hudson
Importers Exporters
Insurance Co of North America
Insurance Co of State of Pennsylvania
Liverpool London Globe
London Lancashire
London Scottish Assurance Corp Ltd
Mechanics
Mercantile of America
Milwaukee Mechanics
Minnesota Implement Mutual
National Liberty
National Union
Newark Fire
New Brunswick Fire
New Hampshire Fire
New Jersey
Niagara Fire
North British Mercantile
North River
Norwich Union
Orient
Pacific Fire
Pennsylvania Fire
Peoples National
Phoehix Assurance
Phoenix Insurance
ProvidenceWashington
Queen of America
Rhode Island
Royal Insurance Liverpool
Scandinavian American
Scottish Union National
Hartford Conn
San Francisco Cal
New York City
New York City
New York City
Philadelphia Pa
Philadelphia Pa
New York City
New York City
New York City
Philadelphia Pa
New York City
Milwaukee Wis
Owatonia Minn
New York City
Pittsburgh Pa
Newark N J
New Brunswick N J
Manchester N H
Newark N J
New York City
New York City
New York City
New York City
Hartford Conn
New York City
Philadelphia Pa
Philadelphia Pa
New York City
Hartford Conn
Providence R I
New York City
Providence R I
New York City
New York City
Hartford Conn
Fire
4434871
119151
4046946
191635
77250
Included in
354114
1884514
355491
94506
84350
2500
445025
43295
148917
522245
57407
56900
278588
62724
122588
220673
265072
409787
570382
221375
185983
28873
753477
650079
265597
993992
267586
912978
397018
558905
1
1
1
1902537
69373
2791800
150619
102553
report
248198
1689220
23822
85070
79721
1885
321320
19846
95036
729244
29219
49363
11705
87886
54502
297703
99135
23385
37275
14316
19026
43912
59531
65504
194518
550771
175079
769458
3440
197583
411927
1
1
60611
1194
224008
18877
411927
27931
1094
5896
4428
1851
3141
3141
2068
617
3345
15823
18951
6011
17424
72783
147843
65611
1194
231508
20627
27931
1094
5896
4428
1851
4000
6641
9341
5856
1068
617
5145
22579
18951
6011
17424
72783
147843TABLE NO 3Continued
Showing Business of Tornado Insurance in Georgia for Year Ending December 311920
COMPANY
Security
Springfield Fire Marine
Standard Fire
Star of America
Sterling Fire
St Paul Fire Marine
Stuyvesant
Sun Insurance Office London
Tokio Marine Fire Japan
Union Insurance Society Canton China
United States Fire
y Westchester Fire
H Western Assurance
LOCATION
New Haven Conn
Springfield Mass
Hartford Conn
New York City
Indianapolis Ind
St Paul Minn
New York City
New York City
New York City
Chicago 111
New York City
New York City
Toronto Can
Column Totals
Net Risks
Taken
During
Year
Net Premiums
I Received
281838
537659
211059
451966
127000
799863
137450
20000
17250
570066
232150
931269
236674
39918313
101952
55512
2075
350760
39075
130176
75802
2000
62784
409242
166470
240736
182892
21502909
Net Losses
Paid
1850
11858
3545
12797
12620
3187
204
9740
85022
3720642
Incurred
1850
11858
6486
12797
15561
3187
204
27136
85022
3874400TABLE NO 4
Showing Ordinary Business of Life Insurance Companies in Georgia Year Ending December 311920
COMPANY
Aetna Life
American Central
American National
Atlantic Life
Bankers Reserve
Carolina Life
Cloverleaf Life Cas
Columbian National
Connecticut Mutual
i Conservative Life
I Equitable Life Assurance Society
Federal Life
Fidelity Mutual
Franklin Life
George Washington
Guardian Life
Home Life
Illinois Life
Indiana National
International
InterSouthern
Interstate Life Accident
Jefferson Standard
Life Insurance Co of Virginia
Life Casualty
Lincoln Reserve
Manhattan
LOCATION
Hartford Conn
Indianapolis Ind
Galveston Tex
Richmond Va
Omaha Neb
Columbia S C
Jacksonville 111
Boston Mass
Hartford Conn
Wheeling W Va
New York City
Chicago 111
Philadelphia Pa
Springfield Mass
Charleston W Va
New York City
New York City
Chicago 111
Indianapolis Ind
St Louis Mo
Louisville Ky
Chattanooga Tenn
Greensboro N C
Richmond Va
Nashville Tenn
Birmingham Ala
New York
Risks
Written
During
Year
Total
Insurance
in Force
4054124
298954
1601635
418000
154045
56000
6000
1683931
2261752
209500
4497299
45497
2142574
2679152
491304
1416500
261015
1456157
36500
1005583
2236032
130375
3795885
2908898
362500
222185
288073
17549333
1089458
3685867
1452707
684684
55000
6000
5543349
7720705
213500
19241400
202126
5920705
6390957
2386728
4242890
1965327
5075639
490000
5746049
6022316
115592
7449535
7950931
409000
1301818
2357458
Gross
Premiums
Received
Losses
Paid
53787579
2715519
11757597
4406678
2098290
112968
1935
14761223
22703351
432238
65160217
379586
20169960
17200254
7235396
12823709
5585050
10981692
1207692
18240450
19187831
369846
32462256
21566777
1006334
5756936
6195710
Losses
Incurred
194415
5000
24040
9000
2159
8986
86787
249213
891
55925
54656
15527
32763
12310
64120
46126
53845
70646
53500
2041
24100
27043
206571
5000
26040
8000
2159
10452
86787
264467
891
64433
54656
15540
37763
14520
52648
50976
55845

60098
54000
2041
30100
46901TABLE NO 4Continued
Showing Ordinary Business of Life Insurance Companies in Georgia Year Ending December 31 1920
COMPANY
Maryland Assurance Corporation
Maryland Life
Massachusetts Mutual
Metropolitan
Michigan Mutual
Missouri State Life
Morris Plan
Mutual Benefit
Mutual Life
National Life
National Life of U S A
National Life Accident
New England Mutual
New York Life
B North Carolina Mutual
Northwestern Mutual
Pacific Mutual
PanAmerican
Penn Mutual
Phoenix Mutual
Provident Life Accident
Provident Life Trust
Prudental
Reliance Life
Reserve Loan
Security Mutual
Southern States
Standard Life
State Life
State Mutual Life Ass Co
Travelers
Union Central
United Life Accident
Volunteer State
LOCATION
Baltimore Md
Baltimore Md
Springfield Mass
New York City
Detroit Mich
St Louis Mo
New York City
Newark N J
New York City
Montpelier Vt
Chicago 111
Nashville Tenn
Boston Mass
New York City
Durham N C
Milwaukee Wis
Los Angeles Cal
New Orleans La
Philadelphia Pa
Hartford Conn
Chattanooga Tenn
Philadelphia Pa
Newark N J
Pittsburgh Pa
Indianapolis Ind
Binghamton N Y
Atlanta Ga
Atlanta Ga
Indianapolis Ind
Worcester Mass
Hartford Conn
Cincinnati Ohio
Concord N H
Chattanooga Tenn
Risks
Written
During
Year
71425
595837
009290
852397
579860
945711
837280
352575
044966
611934
528000
388510
402423
226407
815882
919490
293700
842039
312217
117000
221321
414504
566400
885482
223694
972366
191279
845066
606533
888080
369300
384500
656576
Total
Insurance
in Force
99925
3544568
20227063
35610511
2181961
14705350
34321767
48701169
15257993
5077087
524000
15627968
63303120
1180176
29853793
8768049
5013363
49839029
5124309
195550
6907200
27520994
7168478
2029298
2173174
17935143
5775254
9112194
5063322
14319394
37479925
775941
2838590
Column Totalsl155691514 613524732 1870211066 6325898l6362935
Gross
Premiums
Received
292817
11762855
67707712
101250958
5576930
40688883
Losses
Paid
1079
1632
483
170
8
498
2214
64
884
285
134
1415
150
5
189
754
210
60
76
493
211
189
164
355
1019
26
67
79997
91226
37313
60066
86847
18251
16638
61481
02534
52781
68013
81124
10714
22532
71695
89178
89657
83285
53112
01284
14118
30968
06825
10235
19616
45537
18810
20500
188684
332211
37639
63524
336949
688215
145639
43500
113528
762724
13400
547867
75 e
39303
517654
64845
700
20000
328256
68000
6000
31318
124548
37673
64331
32643
128198
376381
5500
17467
Losses
Incurred
2500
16498
190638
331825
37639
62551
319949
667024
146519
43609
124655
790330
13400
535031
72643
40643
496974
58845
700
20000
321256
68000
11000
29000
114548
37673
81331
32652
119486
373341
5500
17467

TABLE NO 5
Showing Group Business of Life Insurance Companies in Georgia Year Ending December 311920
COMPANY
Aetna Life
Equitable Life Assurance Society
Metropolitan
Prudential
Travelers
LOCATION

Hartford Conn
New York City
New York
Newark N J
Hartford Conn
Volunteer State Life Chattanooga Tenn
Column Totals
Risks
Written
During
Year
3059360
347899
1667850
236400
1452850
33900
Total
Insurance
in Force
3970430
519867
1715025
232150
2259450
29900
Gross
Premiums
Received
48414
3323
19336
3062
25697
6798259 8726822 99832 87870 87270
Losses
Paid
42500
13320
12900
600
18550
Incurred
42500
13320
12900
600
17950TABLE NO 6
Showing Industrial Business of Life Insurance Companies in Georgia Year Ending December 311920
COMPANY
LOCATION
American National Insurance Co
j Carolina Life
S Federal
Interstate Life Accident
Life Casualty
Life Insurance Co of Virginia
Metropolitan
Morris Plan
National Life Accident
North Carolina Mutual
Galveston Tex
Columbia S C
Chicago 111
Chattanooga Tenn
Nashville Tenn
Richmond Va
New York City
New York City
Nashville Tenn
Durham N C
Risks
Written
During
Year
Column Totals
317743
219272
1300
308858
761395
198243
631518
69700
061271
067386
Total
Insurance
in Force
33636686
11152487
1735818
1300
153897
3461478
11911338
39233225
67350
5010956
4078656
Gross
Premiums
Received
76816505
349560
242252
167
4490
409807
505270
383486
1816
758290
331654
3986792
Paid
107082
124779
Losses
Incurred
520
27719
105976
465096
450
345660
49970
1227252
108387
124779
584
27575
106992
468349
450
345895
50046
1233057 TABLE NO 7 Showing Transactions in Georgia for Year Ending December 31 1920 by Miscellaneous Companies
COMPANY LOCATION Accident Health Liability Workmens Compensation Fidelity Surety Plate Glass Steam Boiler Burglary and Theft Credit Sprinkler Physical Liability Engine and Fly Wheel Auto and Teams Property Damage Workmens Collective Collision Live Stock Total Premiums Total Losses
Aetna Casualty Surety Co Hartford Conn 1 Hartford Conn Reading Pa New York NY Galveston Tex Boston Mass Galveston Tex Philadelphia PaNewYork NY Jacksonville 111 NewYork NY Boston Mass Philadelphia Pa Chicago 111 Kansas City Mo Boston Mass New York NY Detroit Mich Chicago 111 NewYork NY Baltimore Md Philadelphia Pa Macon Ga NewYork NY Hartford Conn New York NY Hartford Conn Philadelphia Pa Chicago 111 Birmingham Ala P fP I L 1 P l L 1 P I L 1 P I L P L 1 P L L 1 L I P I L P 1 L P I L J P I L 1 P I L I P I L P I L 1 P 1 L 1 P 1 L I P 1 L 1 P I L 1 P I L f P I L f P i 1 i I L f p L 10200 200534 89469 16694519 10055187 1887589 953629 871072 109541 1234762 219856 560135 175319 6358 771552 448296 15950 32235 264877 27500 310S326 1504414 7043766
2606630
Aetna Life 3486644 2767519 993575 250067 1648695 1086616 Ace H 1 2 829858
13909322
American Casualty Co 961439 490121 85556 18510 1125744 747665 5053903
2459992
American Credit Indenmity Co 1141425 279605 1141425
279605
American Indemnity Co 1086787 50000 1327702 35655 5934 36183 8700 422084 131061 58898 15650 1550988
189761
American Mutual Liability 1386600
51305
American National 9643867 1557414 9643868 6551519 19287735
8108933
American ReInsurance 201132 36096 2231
564331 14210235
American Surity Co 7428024 1467606 6235561 291392 546650 118723
1877721
Cloverleaf Life Casualty Co 3729906 1590962 5950C 428c 679987 65150 36917 87257 449606 1962517 89662 41927 36467 17832 674729 142841 61224 376182 959588 374229 3604195 1543703 Ace H 56500 3729906
1590962
Columbia Casualty 1892875 12300 147166 7486 31624 226163 52050 17165E 4 39933 55845 3025416
131966
Columbian National Life 495117 30713 Ace H 196037 1516195 1143953 1175104
958646
Commonwealth Casualty 369178
283294
Continental Casualty 679 744 1012 3070 20350 8350 1272240 536743 6020817
3109540
Employers Indemnity Corp 153890 50730 7945740 540940 263902
101007
Employers Liability Assurance Corp 280295 321301 1148165 313775 Ace H i 314096 144037 183362 163696 10360411
6593017
1822894
456616
612248
376182
959588
374229
Fidelity Casualty Co 5244631 3310304 5558125 1367079 1518793 939333 700854 65065 1460950 1127902 257592 41949 83808 9940 272359 118378 155235 23400 491660 156154 236160 1673786 1023449 5600 20003094
9376835
Fidelity Deposit Co of Md 4426861 3849476 7596995 212256 12281448
4103681
General Accident Fire Life 1646393 289947 1480052 1029573 592761 68139 15655844 5908443 2829817 586842 2544564 622350 341684 196174 4340382 2438890 829186 352856 1328163 661110 4144698
1593773
t Georgia Casualty 1255562 769148 635573 177872 514573 263171 201273 6000 21725420
9240859
r Globe Indemnity 125202 2000 413219 77820 145060 57660 327858 78567 426713 19527 861546 207200 362783 5509569
1220157
Hartford Accident Indemnity 1176527 482458 105000 942749 607500 8140568
2171372
Hartford Live Stock Insurance Co 942749
607500
Hartford Steam Boiler Inspc Ins Co 3219918 131994 1074325 3000 4294243
134974
Indemnity Ins Co of N A 249936 160036 129323 22750 37500 139508 21380 7100 767533

Integrity Mutual Casualty Co 4368 14250 26000 2251713 343200 Weekly 1795884 874856 1600 47278 65896
26000
1403845 837999 3655558
1181199
Interstate Life Accident p 625643 565776 Ace H 2114407 348963 276053 8401285
L Boston Mass P 3831092
1600

Lloyds Plate Glass New York P T 550965 265995 550965
265995
London Guarantee Accident CoLtd Chicago 111 P 1 L Boston Mass P Chicago 111J P L Baltimore Md j P Baltimore Mdj P L Springfield Massf P Worcester Mass P 1 L Boston Mass 1 P 1 L NewYork NY P 1 L NewYork NYf P Detroit Michj P Chicago 111 P L NewYork NYJ P t L Philadelphia Pa P L Baltimore MdJ P I L NewYork NYj P I L Chicago 111 P I L INew York N Y 1656126 313519 264512 167605 968661 820474 Acc H 11680538 3690505 9190 690800 409669 1852089 680043 2500 16859904
5914210
Loyal Protective Insurance Co 264512
167605
Lumbermens Mutual Casualty Co 402308 121967 402308
121967
Maryland Assurance Corp 1991089 883707 1606048 157873 2861407 1559582 6181768 4850666 3029259 1515312 80542 40134 1909266 1995323 1623314 217912 1 Ace H j Acc H Acc H 75170 150932 22475 7929 Acc H Acc H 3900355
2879030
Maryland Casualtv Co 33922808 19591507 903903 54143 2117146 51000 2807068 1299331 1083133 172154 2000847 807879 495416 172320 130559 784124 4458333 2363758 81464 1461 52014163
24787338
Masonic Mutual Accident Co 2861407
1559582
Masonic Protective Assn 6181768
4850666
Massachusetts Bonding Insurance Co 324997 291910 704875 512401 573372 35000 443016 164025 551299 231858 80687 166639 10450 87587 16436 62474 28165 5306267
2729888
717461
422924
Metropolitan Life 22475
7929
National Casualty 697546 394351 13501995 6472299 697546
394351
National Life of U S A 13501995
6472299
National Surety Co 4764588 7367894 4685341 84040 517166 397649 9967095
7849583
National Relief Assurance Co 2752553 1204286 144497 6499 Acc H 33461 18495 2752553
1204286
841338 33899 799599 328188 1321543 720084 62160 32825 368836 86212 2249891
506118
New York Plate Glass Insurance Co 1321543
720084
2311383 826885 53220 1088459 111143 3152219 762424 621405 49570 9136045 4245863 733268 294587 487053 215122 637111 94632 6386856 1590645 234352 8413 9872891 2170666 1210393 373116 1508822 1123783 2311383
826885
46413 1219840 487943 21388 546631 555530 25150 3182140 23139762 146171 19916734
INewYork N Y P I L ILos Angeles Cal P 1 T 767933 297173 2584829 972035 183498 39117 Acc H 378936 315967 Ace H 412940 201198 2480298 1384345 26250 4821 2743719 1451980 1238227 659130 1158703 603137 11488616 2494797 4785 700 335261 50656 931006 352063
6337704
5737048
j 1734459
INew York P T 9 80669 703 1459 123079 131840 a 6o9 is i78543 2211731
7 380 40 1137110
Chattanooga TennJ P I L Pittsburgh Pa P 1 L Worcester Mass J P I L NewYork NYj P I L 9136045
i 4245863
1112204
610554
487053
215122
2894060 1563067 2448044 1039440 941812 52770 844187 1100228 318890 469846 250000 365430 232889 635670 710641 1226375 58053 473317 4ffl87618 3059548 67507 9079432
2939821
Standard Accident Insurance Co 12073251
Hartford Conn I Hartford Conn 1 NewYork N YI L P L P L P L 4487747
997623 605828 1525244 76461 2329796 335104 238178 10339061
4090175
33868127 14357032 13546880 5612196 18489692 6504325 4684737
f 17979678
TJ S Casualtv Co 227981 36945 1614543 1040970 478301 911286 1644805 790721 1603861 j 780677 2935702 J1823647 344690 109637 363410 164222 18650333
8482987
4689684 4726616 12177305 578149 44582676
L Total Premiums1 16199272

10670300 41736468 38754152 J5fi508lS 193257216 823 70005 365753 700 26048465 18367174 37042938 213395 18075926 8742597 7381428 746330 13466965 7059699 2072431 279605 511366 204555 130559 37570521 J38093247 30500 f20663561 10666444 281330 62474 28165 1425207 712500 492182033 207087402
1 1 1
Accident Health CombinedTABLE NO 8
COMPANY
Assessment Fire Companies
Bartow County Mutual Fire Storm
Farmers Cooperative Fire
Farmers Ccoperative Insurance Association
Farmers Fire Insurance Co of Oconee Co
Farmers Mutual Fire
Farmers Mutual Insurance Association
Farmers Protective Fire
H Georgia Farmers Fire
m Gordon County Mutual Fire Storm
H South Georgia Farmers Fire
Southeastern Mutual Fire
Southern Cooperative Fire
LOCATION
Assessment Life Accident Companies of other States
Guarantee Fund Life Association
Masonic Mutual Accident Co
National Life Association
Adairsville Ga
Jackson Ga
Rome Ga
Watkinsville Ga
Dawson Ga
LaFayette Ga
Lithonia Ga
Gainesville Ga
Calhoun Ga
Thomasville Ga
Atlanta Ga
Macon Ga
Column Totals
Omaha Neb
Springfield Mass
Des Moines Iowa
Total
Premiuns
Received
186350
2770059
4841OS
124278
1942700
369539
788773
1766457
178287
760243
2029958
316860
11717612
114077
2861407
278793
Column Totals 3254277
Losses
Paid
137919
1799212
302392
100000
1125000
263960
187000
549725
129492
O41200
649451
11300
0096651
1559582
Losses
Incurred
1559582
87919
1799212
302392
100000
1449000
263960
187000
609725
129492
541200
649451
11300
6130051
1332098
1332098TABLE NO 9
Transactions in Georgia in 1920 by Assessment and Industrial Companies Compiled from Statements on File in the Insurance
Department of this State
Life Health and Accident Companies
COMPANY
American Insurance Co
Atlanta Mutual
Bankers Health Life
Brunswick Mutual Life Health
Chatham Mutual Life Health
Fireside Mutual Insurance Co
Georgia Mutual Industrial Life Health
Guarantee Mutual Life Health
Industrial Life Health
Liberty Mutual Life Health
Life Health Insurance Co
Peoples Health Life1
Pilgrim Health Life
LOCATION
Savannah Ga
Atlanta Ga
Macon Ga
Brunswick Ga
Savannah Ga
Atlanta Ga
Augusta Ga
Savannah Ga
Atlanta Ga
Savannah Ga
Savannah Ga
Macon Ga
Augusta Ga
Column Totals
Totals
Premiums
Received
5990140
81721364
71796220
1619344
12061870
8602518
37348834
34224983
40378090
4526351
9061390
3806938
84332722
495470764
Losses
Paid
3620860
39410785
36751795
436050
5667681
3972811
19539019
15908050
75260075
1917970
4159811
1812082
45918819
254375808
Losses
Incurred
3637035
39216935
36832045
446650
6142733
4054061
19784819
17041175
75331845
2007995
4271386
1812082
45494 99
256073260TABLE NO 10
Showing Transactions In Georgia During 1920 by Fraternal Benefit Societies Computed from Statements
on File in the Insurance Department
COMPANY
American Insurance Union
American Woodmen Supreme Camp of The
American Workmen
Benefit Assn of Railway Employees
Ben Hur Supreme Tribe
Catholic Knights of AmericaSupreme Council
Columbian Circle The
Columbian Woodman Eminent Household of
Fraternal Aid Union
Golden Cross United Order of The
Golden Seal The Order of
Grand Fraternity The
Heralds of Liberty
Knights of Columbus
Knights of Pythias Supreme Lodge of
Maccabees The
Maccabees The Womens Benefit Assn of
Masonic Mutual Life Association
Masons Annuity The Supreme Lodge of
Modern Brotherhood of America
Modern Woodmen of America
Masonic Templars of America
National Union Assurance Society The
LOCATION
Columbus Ohio
Denver Colo
Washington D C
Chicago 111
Crawfordsville Ind
St Louis Mo
Chicago Hl
Atlanta Ga
Lawrence Kans
Knoxville Term
Roxbury N Y
Philadelphia Pa
Huntsville Ala
New Haven Conn
Indianapolis Ind
Detroit Mich
Port Huron Mich
Washington D C
Atlanta Ga
Mason City Iowa
Rock Island 111
Little Rock Ark
Toledo Ohio
Risks
Written
2000
169250
485450
90500
392386
2500
58500
243424
1000
37500
101980
24500
96000
378500
258000
37500
178500
300400
6000
826500
338400
2000
Total
Insurance
in Force
Gross
Premiums
47350
1701350
807350
64500
589221
247894
12000
1548878
1204063
21750
254750
225376
242500
499050
4096278
1500000
488950
548000
917100
155500
7526500
1359000
1533000
145232
3940696
3218259
1411816
1062415
622790
22039
3408226
4744932
38932
611068
557011
477607
793609
9975160
2074063
880030
1323779
10635679
243621
13204679
1548530
7216999
Losses
Paid
1334000
866254
484279
147521
1033192
1212997
3554932
356750
200000
800000
529636
6445000
1659013
530000
1240000
5150000
1175000
6800000
Losses
Incurred
1448000
892469
555523
150000
1150000
1620000
3820701
356750
250000
600000
560000
6292574
2049556
530000
1240000
5400000
1120000
6300000TABLE NO 10 Continued
Showing Transactions in Georgia During 1920 by Fraternal Benefit Societies
on File in the Insurance Department
Computed from Statements
COMPANY
Order Brith Abraham U S Grand Lodge
Praetorians Modern Order of
Railway Mail Association
Royal Arcanum Supreme Council
Royal Neighbors of America
Security Benefit Association
Travelers Protective Association of America
United Commercial Travelers of America
Order of
Womens Catholic Order of Foresters
Woodmen Circle Supreme Forest
Woodmen of the World Sovereign Camp
Workmens Circle
LOCATION
New York N Yi
Dallas Texas
Portsmouth N H
Boston Mass
Rock Island 111
Topeka Kans
St Louis Mo j
Columbus Ohio
Chicago 111
Omaha Neb
Omaha Neb
New York X V
Column Totals
Risks
Written
7000
2010250
252000
20591
2000
5795
1285000
455700
5781350
11800
Total
Insurance
in Force
139000
1054040
1 490000
3621279
71250
17250
5575000
2991352
32994185
400
Gross
Premiums
415214
2662543
351700
13236434
127595
3452900
1140600
15808270
73550110
Losses
Paid
200000
300000
1064000
13114000
300000
Losses
Incurred
866064
374803
5398763 3107028
68467296 41293664
207536 82000
103617753
94220193
200000
500000
1070000
11330000
300000
100000
1056883
3205111
39701892
82000
91887459Insurance Department of Georgia
17
FIRE INSURANCE COMPANIES
ABEILLE FIRE INSURANCE CO OF PARIS FRANCE
17 Custom House Street Providence Rhode Island
Starkweather Shepley Inc U S Managers Providence Rhode Island
Kinds of business done in GeorgiaFire and Lightning Insurance
Attorney for service in GeorgiaLeo P Nadeau Atlanta Ga
Capital Stock
Statutory deposit capital 20000000
Ledger assets Dec 31 1919 109725208
Extended at 109725208
Income
Gross premiums on new business 208598234
Deduct amount paid for insurance and return pre
miums 93421939
Total premiums
Interest and rents
Total income
Carried forward
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employees
Advertising printing postage telegrams etc
Other items
Taxes licenses and fees 3023207
Federal taxes 3755195
Inspections and surveys 1652667
Auditing accounts 1919 19998
115176295
3754778
118931073
228656281
44846772
788297
36493172
46051
46802
8451067
Total disbursements
Balance
90672761
Ledger Assets
Bonds at book value
Deposits at interest
Agents balances net
Other items
Cash deposited with Philadelphia Underwriters Assn
137983520
104277621
8313227
25382642
10000
137983520
1282257
168569
139434346
5921280
Total admitted assets 133513066
Liabilities
Net amount of unpaid losses and claims 144800 82
Reserves or unearned premiums on risks outstanding 73021975
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
ReInsurance due from other companies per schedule E
Total assets
Deduct Assets Not Admitted
Other items
Book value of bonds and stocks over market value18 Annual Report
Other items
Estimated amount federal taxes 2750000
Contingent commissions 8681391
11431391
Total amount of liabilities except capital 98933448
Capital Deposit 20000000
Surplus over all liabilities 14579618
Surplus protection to policyholders 34579618
Total liabilities 133513066
Risks and Premiums
Risks Premiums
In force on the 31st day of December as pea
line 6 under this heading in last years statement11232575400 109044751
Written or renewed during the year per income
No 5 21653880400 208598234
Total 32886455800 317642985
Deduct those expired and marked off as terminated 13124855500 132727293
In force at the end of year19761600300 184915692
Deduct amount reinsured schedule required 5972736300 51259543
Net amount in force 13788864000 133656149
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 66384600
Less 167926 risks cancelled and 10202500 re
insurance in companies authorized in Georgia 26995100
Net risks written 39389500
Gross premiums on risks written 888630
Less 208536 return premiums and 152323
premiums for reinsurance in companies author
ized in Georgia 360859
Net premiums received 527771
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000
AETNA INSURANCE COMPANY
670 Main St Hartford Conn
PresidentWin B Clark Hartford Conn SecretaryGuy B Beardsley
Hartford Conn
Attorney for service in GeorgiaClarence L Ruse Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Marine Auto etc
Capital Stock
Amount of paidup capital 500000000
Ledger assets Dec 31 1919 3787512913
Extended at 3787512913
Income
Gross premiums on new business 4137962046
Deduct amount paid for insurance and return
premiums 1443239705
Total premiums 2694722341
Interest and rents 154524322
Profits on sale or increase by adjustment of assets 126961
Other sources
Agents balances previously charged off 26816
Conscience fund 8000
34816
Total income 2849408440
Carried forward 6636921353Insurance Department of Georgia
19
Disbursements
Net amount paid policyholders for losses 1234494477
Legal and administrative expenses in adjustment of
claims
Commissions and allowances to agents
a First year 5 59554934
b Renewal 0 nrn rR
Salaries of officers and employees 10964993
Rents and interest 199wim
Advertising printing postage telegrams etc cqsrmm
Loss on sale and decrease by adjustment of assets soossoa
Other items 1
Agents balances charged off 1 n iK
Legal expenses 1526533
Furniture and fixtures oiJoi5l
Expenses of field men IisJoq n
Inspections surveys and underwriters boards illiir
Taxes 18038575
Deposit premiums returned iSliJco
Repairs and expenses on real estate iiie in
Mvfdeendnseous iS
uiviaenas 390416617
Total disbursements 2462359238
Balance 4174562115
Ledger Assets
Book value of real estate 6nJ
Loans on collateral AAnrl
Bonds at book value isl
Stocks at book value r bB
Cash in office l
Deposits at interest 38424550
Deposits not at interest r3oIo
Agents balances net 454428748
Other items
Bills receivable S 104798 33
Total ledger assets as per balance No 23 4174562115
NonLedger Assets
Interest due and accrued 23360999
Other items
Reins due on paid losses 21568578
Salvage due on paid losses 7152892
28721470
Total assets 4226644584
Deduct Assets Not Admitted
Agents balances 18805242
Bills receivable 4431916
Other items
Overdue and accrued interest on bonds in default 2296604
Book value of real estate over market value 21720793
Book value of bonds and stocks over market value 92135850
Total not admitted assets 139390414
Total admitted assets 4087254170
Liabilities
Net amount of unpaid losses and claims 345947739
Reserves or unearned premiums on risks outstanding 2117315456
Salaries and miscellaneous accounts due or accrued 2000000
Taxes due or accrued 97500000
Other items
Contingent commissions due or accrued 3000000
Total amount of liabilities except capital 256576319520 Annual Report
Capital actually paid in cash 5 000 000 00
Surplus over all liabilities SVSl 1021490975
Surplus protection to polieyholders 1521490975
Total liabilities 4087254170
Business in ForceFire
In force on the 31st day of December as per line 6
ner thls heading in last years statement 33393S577700 34530721 10
Written or renewed during the year per income
No 5 334784608300 31797 719 14
excess ot original premiums over amount re
ceived for reinsurance 14fi 223 03
TprtrVhToTZ5 668723186000 6647466327
Deduct those expired and marked off as ter
minated j 249336795900 2468130065
7IJlre at th end 0f the year 419386390100 41793 362 S
Deduct amount reinsured 73114591300 564716900
Net amount in force 346271798800 3614619362
Business in ForceMarine and Inland
In force on the 31st day of December as per RSkS Premiums
line 6 under this heading in last years state
no7reeugtneline 349787826
No 5 214801557300 958033118
nljuL 7ui 232812555000 1307820944
Deduct those expired and marked off as ter
minated 211170781500 924389729
In force at the end of the year 216 417 735 00 qsuu
Deduct amount reinsured TmulOO ItjsT 45
Net amount in force 148 319 344 OfT S 9 n
Perpetual risks not included above 14831034400 263977470
Deposit premiums on same j 999218O
Business in the State of Georgia During 1919
A Fire Marine and
reinsurance in companies authorized in
Georgia 2885212100 97466500
GrsriSlmTurnlenonHsswrien5o794256077i 251i1
Less 16412781 return premiums and 1087l5028 JUH7b1 893161
premiums for reinsurance in companies author
ized in Georgia 26527055 700754
Net premiums received i oqi qqc ro 1 n no
Losses paid deducting salvage V 424 963 64 mwh
Less losses on risks reinsured in companies author ooroioo
lzed in Georgia 77 70140
Lo1Seffnecsurprtdd IJlffi lW5
Less losses on risks reinsured in companies author 55
lzed in Georgia 81 927 9g
Net losses incurred 1 JlslioTsi 7366755
Investments in Georgia
Bonds 3582500
Other items
Georgia R R and Banking Co stock 12071000
Total investments in Georgia 15653500Insurance Department of Georgia 21
AGRICULTURAL INSURANCE COMPANY
203 Washington St Watertown New York
PresidentW H Stevens Watertown N Y SecretaryP H Willmott
Watertown N Y
Kinds gf business done in GeorgiaFire and Marine Ocean and Inland
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 672294892
Increase of paidup capital during year 50000000
Extended at 722294892
Income
Gross renewal premiums 859575774
Deduct amount paid for insurance and return
premiums 377190942
Total premiums 43J
Interest and rents QcLiiie
Profits on sale or increase by adjustment of assets db5328b
Other sources iq en
Interest from underwriters association ubu
Total income 522419267
Carried forward 1244714159
Disbursements
Net amount paid policyholders for losses 224032423
Legal and administrative expenses in adjustment of claims 6021548
Commissions and allowances to agents 107567952
Salaries of officers and employees 17262207
Rents and interest 1941883
Advertising printing postage telegTams etc 7529364
Loss on sale and decrease by adjustment of assets 10081591
Other items
Agents balances charged off 82851
Field supervisery expenses 16946466
Furniture and fixtures 693990
Maps 1108044
Inspection and surveys taxes and sundries 34464711
Dividends to stockholders 70000000
123213211
Total disbursements 497733030
Balance 746981129
Ledger Assets
Book value of real estate 5120788
Mortgage loans first lien 47958200
Bonds at book value 336736520
Stocks at book value 198293684
Cash in office rJSoH
Deposits at interest ciAnH
Agents balances net 4874348
Total ledger assets as per balance No 23 746981129
NonLedger Assets
Interest due and accrued 00nSoic
Market value of assets over book value zuaaib
Other items
Due for reinsurance on paid losses 4iubuM8
Total assets 779967590
Deduct Assets Not Admitted
Agents balances 2738396
Other items
Book over market value real estate 62078822
Annual Report
Book over market value bonds
28387430
Total not admitted assets 31746614
Total admitted assets 748220976
Liabilities
Net amount of unpaid losses and claims 79905150
Reserves or unearned premiums on risks outstanding 388855543
Salaries and miscellaneous accounts due or accrued 4000000
Taxes due or accrued 12000000
Other items
Reserve for discount for foreign funds 2051022
Reserve for contingencies 20000000
22051022
Total amount of liabilities except capital 486811715
Capital actually paid in cash 100000000
Surplus over all liabilities 161409261
Surplus protection to policyholders 261409261
Total liabilities 748220976
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed uuring the year
Risks Premiums
76690240000 726452200
73775970000 691958948
Total 150466210000 1418411148
Deduct those expired and marked off as ter
minated 56097780000 558267948
In force at the end of the year
Deduct amount reinsured
94368430000 860143200
24768250000 225136100
Net amount in force 69600180000 635007100
Business in ForceMarine and Inland
Tiislvs Premiums
In force on the 31st day of December 1919 5569270000 61927200
Written or renewed during the year 43344210000 167616826
Total 48913480000 229544026
Deduct those expired and marked off as ter
minated 42418330000 151519611
In force at the end of the year 6495150000
Deduct amount reinsured 3185640000
78024415
30059735
Net amount in force 3309510000 47964680
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1249020000 62170000
Less 272820000 risks cancelled and 244810000
reinsurance in companies authorized in Georgia 510850000 6780000
Net risks written 738170000 55390000
Gross premiums on risks written 10414168 437787
Less 2181348 return premiums and 2205568
premiums for reinsurance in companies author
ized in Georgia 4295812 91104
Net premiums received 6118356 346683
Losses paid deducting salvage 3271932 177100
Less losses on risks reinsured in companies author
ized in Georgia 644925 1462Insurance Department of Georgia
2627007
Net losses paid
5106517
SosslTon6 risks7eTn7u7eTincSmpanies author
ized in Georgia
3723344
Net losses incurred
Investments in Georgia
1000000
Bonds 350000
Mortgage loans
Total investments in Georgia
23
175638
441529
46462
395067
1350000

ALLIANCE INSURANCE COMPANY
Kinds of business done in GeorgiaAll Branches of Fire Marine and Auto
mobile Insurance
Capital Stock
tai 100000000
Amount of paidup capital 4 676 00g32
Ledger assets Dec 31 1919
Increase of paidup capital during year 375uuouu
505100832
Extended at
Income
Gross premiums on new business 579441256
Deduct amount paid for insurance and return gg
premiums
342025268
Total premiums 212 24213
Interest and rentsr 7q2 17
Profits on sale or increase by adjustment of assets lSSill
0tDlpsitUprlmiums written on perpetual risksgross 2fi0fA7
From agents balances previously charged offiMil 226937
364215635
Total income
869316467
Carried forward
Disbursements
Net amount paid policyholders for losses 159468520
egafnd administrative expenses in adjustment of claims gllleoll
Commissions and allowances to agents 1S374812
Salaries of officers and employes 1027673
Rents and interest msfi
Advertising printing postage telegrams etc 11 2W00
Paid policyholders for dividends qm on
Loss on sale and decrease by adjustment of assets 99UUU
Other items m
Deposit premiums returned on perpetual risks 5
Agents balances charged off J
Taxes licenses and fees iokqai
Federal taxes JSi1
Inspections and surveys etc bvnvst 24804855
Total disbursements 299922427
569394040
Balance
Ledger Assets
Bonds at book value 495763 87
Stocks at book value 100 00
Cash in office 24
Annual Report
Deposits at interest 52811250
Deposits not at interest 2297179
Agents balances net 52880863
Other items
Bills receivable 671750
Amount recoverable for reinsurance on paid losses 648265
1320015
Total ledger assets as per balance No 23 569394040
NonLedger Assets
Interest due and accrued 6831306
Total Assets 576225346
Deduct Assets Not Admitted
Agents balances 2117319
Other items
Book value of bonds and stocks over market value 34116540
Book value of other ledger assets over market
value 4640
Total not admitted assets 36238499
Total admitted assets 539986847
Liabilities
Net amount of unpaid losses and claims 79170000
Reserves or unearned premiums on risks outstanding 218583836
Salaries and miscellaneous accounts due or accrued 2858383
Taxes due or accrued 11000000
Other items
Reserve of 90 per cent on perpetual deposits 2186433
2186433
Total amount of liabilities except capital 313798652
Capital actually paid in cash 100000000
Contingent reserve fund 38688195
Surplus over all liabilities 87500000
Surplus protection to policyholders 226188195
Total liabilities 539986847
Business in ForceFire
Risks Premiums
In force on the 31st day of December 191940194653600 365073051
Written or renewed during the year55155670600 505545285
Total 95350324200 870618336
Deduct those expired and marked off as ter
minated 40285883800 357682790
In force at the end of the year55064440400 512935546
Deduct amount reinsured 15076390600 141971883
Net amount in force 39988049800 370963663
Perpetual risks not included above 80048400
Deposit premiums on same 2429370
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1067584000 27593200
Less 1897360 risks cancelled and 3615380 re
insurance in companies authorized in Georgia 549134000 2140000
Net risks written 518450000 25453200
Gross premiums on risks written 13344844 206 134 00
Less 3378977 return premiums and 4519289
premiums for reinsurance in companies author
ized in Georgia 7864140 3412600Insurance Department of Georgia 25
Net premiums received 5480704 17200800
Losses paid deducting salvage 3531378 169241
Less losses on risks reinsured in companies author
ized in Georgia 1877309
Net losses paid 1654069 169241
Losses incurred 3537297 169241
Less losses on frisks reinsured in companies author
ized in Georgia 1731903
Net losses incurred 1805388 169241
AMERICAN ALLIANCE INSURANCE COMPANY
1 Liberty Street New York N Y
PresidentCharles G Smith New York N Y SecretaryEdwin M Cragin
New York N Y
Attorney for service in GeorgiaHarry E Parker Atlanta Ga
Kinds of business done in Georgia Fire and Marine
Capital Stock
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 369055905
Extended at 369055905
Income
Gross premiums on new business 7 792 193 50
Deduct amount paid for insurance and return
premiums 629818679
Total premiums iai nn n
Interest and rents itImSHk
Profits on sale or increase by adjustment of assets 376887
Total income 167301116
Carried forward 5363j57021
Disbursements
Net amount paid policyholders for losses rrqc troo S7
Legal and administrative expenses in adjustmentof claims 867723
Commissions and allowances to agents ciaims 8
Salaries of officers and employes iq ilno
Paid stockholders for dividends nn nnnnn
oSVitoS and decrease by austment of aeS j6K
Federal taxes
Taxes licenses and fees ZZZ1ZH1 37 88461
Legal expense excluding legal expense on losses 2576 27
Interest on prepayment of reinsurance balances 227A3
8647364
Total disbursements 7151914812
Balance 384442209
Ledger Assets
Bonds at book value RRr
Stocks at book value JTZZIZZZIZr mjww
Cash in office 10JJ Ij
Deposits at interest gg 921 30
Agents balances net i5542i85
Total ledger assets as per balance No 23 3844 422 09
NorLedger sset
Interest due and accrued 3169200
Total assets V 38761140926
Annual Report
Deduct Assets Not Admitted
Book value of bonds and stock over market value
41993694
Total not admitted assets 41993694
Total admitted assets 345617715
Liabilities
Net amount of unpaid losses and claims J56Ijf2
Reserves or unearned premiums on risks outstanding 1284895br
Taxes due or accrued 4500000
Total amount of liabilities except capital 149662967
Capital actually paid in cash
Surplus over all liabilities
95954748
Surplus protection to policyholders 195954748
Total liabilities 345617715
Business in ForceFire
In force on the 31 day of December 1919
Written or renewed during the year
Risks Premiums
89324153100 730300521
87244249600 727576142
TotaJ 176568402700 1457876663
Deduct those expired and marked off as ter
minated
68861953300
580222113
In force at the end of the year 1071r06149400 7654550
Deduct amount reinsured 77755367100 651361620
Net amount in force 29951082300 226292930
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 9 69059100 16975957
Written or renewed during the year 2742144100
Total 3711203200
Deduct those expired and marked off as ter
minated
1766864600
68619165
33843332
In force at the end of the year 1944338600
Deduct amount reinsured iUUbitSuu
34775833
33682639
Net amount in force
73647300
Business in the State of Georgia During 1920
A Fire
Gross risks written 603369800
Less 166385200 risks cancelled and 289912400 nn
reinsurance in companies authorized in Georgia 410931100
1093194
Marine and
Inland
45366500
45366500
Net risks written
Gross premiums on risks written
Less 1219389 return premiums and 39355 b
premiums for reinsurance in companies author
ized in Georgia
1924387
6104292
429467S
860287
860287
Net premiums received
Losses paid deducting salvage7ir
Less losses on risks reinsured in companies author
ized in Georgia
2
Net losses paid
Losses incurred
1809614
2134866
1929650
205216
Less losses on risks rehisurea in companies author
ized in Georgia
Net losses incurred
2458766
1905950
857574
857574

1018174
1018174
552816Insurance Department of Georgia
27
AMERICAN CENTRAL INSURANCE COMPANY
816 Olive Street Saint Louis Mo
PresidentB G Chapman Jr Saint Louis
Saint Louis
Mo
Mo
SecretaryHarold M Hess
Capital Stock
Amount of paidup capital 100000000
Ledger assets Dec 31st 1919 550042402
Extended at 550042402
Income
Gross premiums on new business 896308237
Deduct amount paid for insurance and return
premiums 359631922
Total premiums
Interests and rents
Profits on sale or increase by adjustment of assets
Other sources
Conscience money 8300
Underwriters Salvage Co Chicago Stock Dividend 50000
s 36676315
21425877
267130
58300
558467505
Total income
Carried forward 1108509907
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employees
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expense 16717432
164921502
3987967
131553954
14420758
1770805
38381967
26079279
16717432
Total disbursements 397833664
Balance 710676243
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Agents balances prior to October 1 1920
Reinsurance recoverable on paid losses
1500000
473947687
41318373
280911
86501703
2910443
100045122
450000
734511
2987493
4172004
Total ledger assets as per balance No 23 710676243
NonLedger Assets
Interest due and accrued 7485119
Total assets 718161362
Deduct Assets Not Admitted
Agents balances 734511
Other items
Book value of bonds and stocks over market value 37316270
Total not admitted assets 38050781
Total admitted assets 68011058128
Annual Report
Liabilities
Net amount of unpaid losses and claims 56723227
Reserves or unearned premiums on risks outstanding 386006343
Salaries and miscellaneous accounts due or accrued 220041
Taxes due or accrued 20000000
Other items
Dividends unpaid to stockholders 25598
Contingent commission due or accrued 5000000
5025598
Total amount of liabilities except capital
Capital actually paid in cash 100000000
Surplus over all liabilities 112135372
467975209
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December as per
line 6 under this heading in last years state
ment
Written or renewed during the year per in
come No 5
212135372
680110581
Premiums
909626822
813251419
1722878241
667241949
In force at the end of the year 109128462700 1055636292
Deduct amount reinsured Schedule required 44913946500 43944563
Risks
89971432700
87983086600
Total 177954519300
Deduct those expired and marked off as ter
minated 68826056600
Net amount in force

64214516200 616191123
Business in ForceMarine and Inland
m force on the 31st day of December as per line
6 under this heading in last years statement 3783333700
Written or renewed during the year per income
No 5 6004265900
Premium
54594359
83056818
Total 9787599600 If
Deduct those expired and marked off as terminated 5153715200
1376511 77
745846 80
In force at the end of the year 4633884400
Deduct amount reinsured schedule required 32998800
63066497
722010
Net amount in force 4600885600 623 litST
THE AMERICAN DRUGGISTS FIRE INSURANCE COMPA
100456 Mercantile Library Building Cincinnati Ohio
President Chas H A very Chicago 111 SecretaryFrank II
Cincinnati Ohio
Attorney for service In GeorgiaChas D Jordan Monticello
Kinds of business done in Georgia Fire Insurance
Capital Stock
Amount of paidup capital 30000000
Ledger assets Dec 31 1919 63246882
Increase of paidup capital during year 10000000
Extended at
1 ncome
Gross premiums on new business 36491545
Deduct amount paid for insurance and return prem
iums 10621672
Total premiums
Interest and rents
Profits nn sale or increase by adjustment of assets
NY
PYeericb
Ga
73246882
258698
30837
1781Insurance Department of Georgia
29
Other sources
Stock transfer fees
Premiums on sale of stock
2950
500000
502950
Total income
Carried forward
Disbursements
Xet amount raid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 15
b Renewal 12
29634706
102881588
8856960
282364
Salaries of officers and employes
Rents and interest
Advertising printing rostpe telejian etc
Paid Policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expense
Furniture
Inspections and surveys
Taxes Federal State etc
Postage telegrams etc
Legal expenses
Miscellaneous expenses
Real estate repairs and taxes
1184133
23395
186587
2955188
186443
9905
143880
89521
Total disbursements
Balance
Ledger Assets
2375919
2550117
224106
865625
2000000
621738
4779052
22555875
80325713
4678546
68151822
3016500
180919
1038692
3255024
4210
Book value of real estate
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Due from Merchants Fire Assurance Corp on loss already
paid by the Co
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Book value of assets over market value 1140159
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims nSl2nn
Reserves or unearned premiums on risks outstanding 13671000
Salaries and miscellaneous accounts due or accrued 231136
Taves due or accrued 124376
Other items
Amount held in abeyance representing difference between
amount paid and shown on 1918 income and excess profits
tax return claim in abatement having been filed but not
yet passed on by the Internal Revenue Commission114ibi3
Total amount of liabilities except capital 16912032
Capital actually paid in cash
Surplus over all liabilities
80325713
490171
80815884
79675725
3276369330
Annual Report
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 27752293
Written or renewed during the year 34233060
Total 61985353
Deduct those expired and marked off as terminated 28109169
In force at the end of the year 33876184
Deduct amount reinsured 8110686
Net amount in force 25765498
Business in the State of Georgia During 1920
Fire
Gross risks written 218112
Less 10637 risks cancelled 10637
Net risks written
Gross premiums on risks written
Less 11124 return premiums
324873
11124
10736
Net premiums received
Losses paid deducting salvage
Net losses paid 10736
Losses incurred
Net losses incurred 10736
62763693
79675725
Premiums
30303401
36491545
66794946
30034447
36760499
9642018
27118481
207475
313749
10736
Marine
AMERICAN EAGLE EIRE INSURANCE COMPANY
80 Maiden Lane New York N Y
Norman P Robertson President Ernest Sturm Secretary
Attorney for service in GeorgiaRoy C Wicker Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Tornado Sprinkler
Leakage Auto Riot and Civil Commotion and other insurance
as granted by Charter
Capital Stock
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 385147876
Extended at 385147876
Income
Gross renewal premiums 916394575
Deduct amount paid for insurance and return pre
miums 647071679
Total premiums 269322896
Interest and rents 19454125
Profits on sale or increase by adjustment of assets 2570200
Income tax withheld at source New York State 6077
Total income 291353298
Carried forward 676501174
Disbursements
Net amount paid policyholders for losses 114706662
Legal and administrative expenses in adjustment of claims 1269458
Commissions and allowances to agents 52250143
Salaries of officers and employes 16506187
Rents and interest 1016586
Advertising printing postage telegrams etc 14701053
Loss on sale and decrease by adjustment of assets 3722890ftInsurance Department of Georgia
31
Income tax withheld at source New York State
Paid stockholders for dividends
Investment expenses other than real estate
18477
14000000
8275
Total disbursements
Balance
251705741
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Amount recoverable for reinsurance on paid losses per
schedule E
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Dividend on 200 shares Southern Pacific Company sold divi
dend Dec 3 1920 per schedule D part 4
424795433
105639100
193245400
30000
42283792
83188504
408637
424795433
1341769
2288950
30000
Total assets 428456152
Deduct Assets Not Admitted
538571
538571
Agents balances
Total not admitted assets
Total admitted assets 427917581
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Contingent commissions or other charges due or accrued
Income tax withheld at source New York State
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
40939955
186571716
450000
6272600
1824551
6077
100000000
91852682
236064899
191852682
Total liabilities 427917581
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 845626962 775345631
Written or renewed during the year 829532881 819464543
Total 1675159843 1594810174
Deduct those expired and marked off as termi
nated 583498446
6245S9392
In force at the end of the year 1091661397
Deduct amount reinsured 743412112
Net amount in force 348249285
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919
Written or renewed during the year
970220782
658443922
311776860
Premiums
28109571 41186681
55157236 96930032
Total
Deduct those expired and marked off as termi
nated
In force at the end of the year
Deduct amount reinsured
83266807
32200900
138116713
70377645
51065907
36074775
67739068
47991635
Net amount in force
14991132
1974743332
Annual Report
Business in the State of Georgia
A Fire
Gross risks written j 21 0
Less 6939743 risks cancelled and 11660008 re
insurance in Companies authorized in Georgia 1439788300
Marine and
Inland
4300 479007800
Net risks written 670096000
Gross premiums on risks written 240 719 51
Less 4629795 return premiums and 11567622
premiums for reinsurance in Companies
authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies
authorized in Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies
authorized in Georgia
Net losses incurred
15077977
8993974
4023505
1914484
2109021
420186800
58821000
1492641
1119440
373201
792396
592496
199900
8347294
4375423
912080
680976
3971871
231104
AMERICAN INSURANCE COMPANY OP NEWARK N J
70 Park Place Newark N J
C W Bailey President Frederick Hoadlev Secretary
Kind of business done in GeorgiaFire Automobile Tornado Marine Riot
and Commotion Sprinkler Leakage
Income
Amount of paidup capital 2000000 00
Ledger assets Dec 13 1919 1565992164
Extended at 1
Gross premiums on new business 15345854 17
Deduct amount paid for insurance and return
premiums 578789694
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
From agents balances previously charged off
Total income
Carried forward
Net amount
1565992164
955795723
69968511
100000
58168
1025922402
2591914566
Disbursements
vet amount paid policyhoiders for losses 3 857 425 17
Legal and administrative expenses in adjustment of claims 10748220
Commissions and allowances to agents o 2820B78S
Salaries of officers and employes j
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
OtheVTtems6 ad decrease by adJUBtmentoiassets
Taxes
Maps furniture fixtures etc T
Inspections and surveys i78Kii
Auditing and agents balances I 7 99358
Heal estate taxes and expenses iX
6448064
14643190
40000000
3279950
48627619
2952464
2613487
Total disbursements
Balance
72855438
38606930
1753307636Insurance Department of Georgia
33
Book value of real estate ASS6tS
Hofft6 ttwfti1 lien S5roYoo
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agrents balances net
Other items
45470000
135009500
961061936
326792793
127602
91771136
6509859
Bills receivable 130314664
Due from reinsurinC0mPanTesforTosses 53789654
Total ledger assets as per balance No 23
Interest due NonLed8er AsVete 1753307636
interest due and accrued
Rents
Reinsurance recoVe7abTeonpaiTossesi ItIoo
Total assets 4702446
ents balances T
Bills receivable 12711 75
Book value bonds and e x fgJ7
Total not admitted assets
Total admitted assets JfMMiJrt
VtaMmi 1642441566
ivtx Liabilities
Net amount of unpaid losses and claims
SLaersieduaenormiueadneOUS aCCUtS due eS5i
Special resei
Total amount of liabilities except canitl
Capital actually paid in cash caPtal
Surplus over all liabilities 200000000
290618148
Special reserve fund ums wh notesbmedne
10000000
1200000
22500000
1000000
2407419
30000000
1151823418
Surplus protection to policyholders
Total liabilities IISIas
1642441566
Business in ForceFire
In force on the 31st day of December 1919 uJHft Premiums
Written or renewed during the year iln AhU 1683274770
1460406902 1306194181
3100601632 72989468ui7
Total
Deduct those expired and
1096315899
nated an marked off as ter
In force at the end of the vear
Deduct amount reinsured 2004285733
351847385
Net amount in force
994505631
1994963320
351329032
Total
1652438348 16436342 88
Business in ForceMarine and Inland
Risks Premiums
45525130 86342591
84609009 228391236
In force on the 31st day of December
Written or renewed during the year
Deduct those expired and marked off
I

nated
In force at the end of the year
130134139
68023641
314733827
190696310
62110498 12403751734
Annual Report
Deduct amount reinsured 9160195
Net amount in force 52950303
Business in the State of Georgia During 1920
A Fire
Gross risks written 1622556100
Less 4843807 risks cancelled and 4285438
reinsurance in Companies authorized in Georgia 888747800
Net risks written 733808301
Gross premiums on risks written 20359868
Less 4344933 return premiums and 59
92127 premiums for reinsurance in com
panies authorized in Georgia iaait
Net premiums received 10391291
Losses paid deducting salvage 6430620
Less losses on risks reinsured in Companies
authorized in Georgia zzzaozu
Net losses paid 4201100
Losses incurred rTrV 8227781
Less losses on risks reinsured in Companies
authorized in Georgia zssBaa
Net losses incurred 5245082
10885419
11315209S
Marine and
Inland
143766700
24176700
119590000
2309196
368483
1940713
934550

934550
1464350

1464350
ATLANTIC MUTUAL PIKE INSURANCE COMPANY
19 East Bav Street Savannah Ga
C H Konemann President Fred WesselsJr Secretary
Attornev for Service in GeorgiaHon Wm A Wright Atlanta Ga
Kinds of Business Done in GeorgiaFire ReInsurance
Amount of paidup capital 222252
Ledger assets Dec 31 1915 292S342
Extended at
Income
Gross premiums on new business
Deduct amounts paid for reinsurance and return
premiums
2456S219
8618925
Total premiums
Interest and rents
Commissions from reinsurance Companies
Agents balances previously charged off
I5ills receivable
Increase by adjustment of book value of stock
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsRenewal
Salaries of officers and employes
Rents and interest 1
Advertising printing postage telegrams etc
Paid policvholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Traveling expenses 4
Federal taxes and licenses i aoj io
Furniture and fixtures 0941J
292S3425
159192 94
17SS718
1863114
11065
204
10000
19592695
48876120
48145 00
57696
Rfi51Sl
2305227
134583
445281
1696163
1627204Insurance Department of Georgia
35
Dividends caid stockholders g 000 00
Office and sundry expense 5J90673
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans per schedule B
Bonds at book value
Stocks at book value
War saving stamps
Deposits at interest per schedule N
Deposits not at interest
Agents balances net
Other items
Agents balances prior to October 1st
Deposit with Underwriters Association
Bills receivable
Collateral loans
Furniture and fixtures
154476
2500
32800
1535000
329237
NonLedger Assets
Interest due and accrued
Reinsurance recoverable on unpaid losses
Total assets
Agents balances
Bills receivable
Furniture and fixtures
Deduct Assets Not Admitted
154476
32800
329237
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Commissions
Taxes due or accrued
Other items
Funds held under reinsurance treaties 10845 52
Interest due guarantors 2 500 00
Capital actually paid in cash 100000 00
Surplus over all liabilities 9529l43
Total liabilities
Business in Georgia
Issued revived or increased
Deduct ceased to be in force during the year
In force Dec 31st 1920
Net losses paid during year
Net losses incurred during year
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
2218653
16951198
31924922
2800000
13042792
2360395
3685575
84000
2458328
1888489
3551330
2054013
67691
39701
32032314
516513
31515801
857898
9394208
100000
300000
1334552
19529143
31515801
Risks
15632639
16154536
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
31787175
7489379
24297796
4895631
807726800
243200000
564526800
1986050
2308258
Premiums
27611693
15919294
43530987
7418144
36112843
7212012
Net amount in force 19402165 2S90083136
Annual Report
Business in the State of Georgia
S077 26800
Lref 2iMitl5B canceireaanTfersYrernsuranee oo
in Companies authorized in Georgia
402981600
Net risks written
10998449
Gross premiums on risks written vrof 11 premiums
Less 2025006 return premiumst 3079111 premium 5101117
for reinsurance in Companies authorized in Geor0ia
5894332
Net premiums received
ETtaE oM2f5SIn ompanlesauthori U
Georgia
1986050
Net losses paid
UerVkryelniuredT 1925
Georgia
2308258
Net losses incurred
Investments in Georgia
Real estate 2360395
Bonds 13042792
Mortgage loans 1535000
Collateral loans
ATIAS ASSURANCE COMPANY ltd OP LODO ENGLAND
100 William Street New ork N 1
U S Manager Frank ock JgJtf
w ofousineySF InS S a es Tornado and Automobile
Kinds of business rue 490502896
Ledger assets Dec 31 1919
Income
824251362
greauctPamount paid for insurance and return
premiums
412028161
Total premiums
Total income
Carried forward
412223198
16733313
1000000
24180844
454137355
944640250
Disbursements
Ul i 111es to agents
Net am
claims
ther items
Miscellaneous expenses
LoL adjustment expenses
Total field supervisory expenses
Maps including corrections
Inspection and surveys
175411 91
70895
76569091
iNxN57i
691 16 10
SS9584
2550000
1265815
4289178
19115127
1 152310
9 136347Insurance Department of Ge
Federal taxes licenses and fees
Remittances to home office by U S Branch
orgia
13391160
8055807
37
Total disbursements
Balance
Ledger Assets
000000
5670574 1
358959921
585680329
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Due from reinsurance Companies on paid losses
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Rents due 35000 and accrued 416 67on
Companys property or lease
Total assets
Agents balances
2000000
420738492
29945188
2688917
9747380
119172540
1387812
585680329
5092646
76667
590849642
Deduct Assets Not Admitted
Book value of bonds andstocksovermarketvalue 464342666
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
I axes due or accrued
Contingent commissions or other charges dueoraccruedV
Total amount of liabilities except capital
Surplus over all liabilities
Total liabilities
51178527
Business in ForceFire
In force the 31st day of December 1919 j
Written or renewed during the year
Excess of original premiums over amount re
ceived for reinsurance
Risks
840370973
904452877
Total
Deduct those expired and marked off as termi7
nated
1744823850
707410206
In force at the end of the year 1 017 4n R4
Deduct amount reinsured 423oi8531
Net amount in force
614395113
Business in ForceMarine and Inland
Risks
10163656
216296 19
in force on the 31st day of December 191
Written or renewed during the year
539671115
35003580
330649098
532509
13050000
1786690
381021877
158649238
539671115
Premiums
755048485
786905620
63798
1542017903
637630 12 I
904381779
319490183
584891596
Premiums
16820215
37345742
Total
Deduct those expired and marked off as termi
nated
31793305
17153312
5 1 165957
25701928
Tn force at the end of the year T4639993
333074
Deduct amount reinsured
Net amount in force
28461029
258638
14306919
2820539138 Annual Report
Business in the State of Georgia During 1920
A Fire Marine ana
Inland
2377990800 61925900
LTorSlncand19lSo Fire 29201 M I m52600
531496 Torn reinsured
985397700 45773300
Net risks written
28121692 1424748
L Torn Cane 7115536 Fire 36250 M I 75 383601
and 115357 Torn Reins
16207617 1041147
Net premiums received T
S 131 699 11 1087089
Losses paid deducting salvage 5017868 103537
Less lossesreinsurance
8152043 983552
Net losses paid
13635583 1222689
Losses incurred 4244988 103537
Less losses reinsurance
S 9390595 1119152
Net losses incurred Tornado Aggregate
156513600 2596430300
1SiS9JSigS55S5
531496 Torn reinsured
19747500 1050918500
Net risks written
157010 29703450
rsl47r5u3TsFiVe7V34T3V5rMTTi3ofr
D Torn Cane3 7MB636 Fire 36250 M I 12416103
and 115357 Torn Reins
s 38583 172S7347
Net premiums received T
s 77851 14334851
Losses paid deducting salvage 723 n 5193776
Less lossesreinsurance
5480 9141075
Net losses paid
77851 14936123
Losses incurred 72371 4420896
Less lossesreinsurance
5480 10515227
Net losses incurred
1000000
Total investments in Georgia Bonds
AUTOMOBxM riOM CONN
J C Barden Secretary
M G Bulkeley pBiaent eorKlaW H Rhett Atlanta Ga
KinssrnesraonenTeofglaFire and Marine Insurance
200000000
Amount of paidup capital 1095663924
Ledger asets Dec 31 1919
1095663924
Extended at
Income
hip 2265580582
DredSuSctPnlS SSSSTjn
premiums
11266S0119
Total premiums Insurance Department of Georgia
39
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Foreign exchange
Investment commission
Increase in liabilities on account of insurance treaties
Agents balances charged off
34501885
612690
14460421
119259
1596272
169725
Total income
1178140371
of claims
6209312 67
12126155
185505196
1545549S4
12288223
36482420
Carried forward 2273804295
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment
Commissions and allowances to agentsRenewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Sundry expense
Furniture and fixtures
Maps including corrections
Taxes licenses and fees
Inspections and surveys
Legal expenses
Agents balances charged off
Investment expense
Michigan surcharged premiums disbursed
Paid stockholders for dividends
Interest and treaty deposits
3044660
10090727
1908029
51056985
14207535
4019744
466366
139757
167844
20000000
2149580
107251227
Total disbursements 1129139772
Balance 1144664523
Ledger Assets
Mortgage loans first lien 61530000
Bonds at book value 549173454
Stocks at book value 28167500
Cash in office 2188640
Deposits at interest 143895682
Agents balances net 290534412
Other items
Loans secured by pledge of collateral 64567500
Bills receivable taken for Marine and Inland risks 2803972
Suspense items 8601
Reinsurance due on paid losses 475762
Advance travel expense 1319000
1144664523
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Due from reinsurance Companies on paid losses
8859066
53690060
Total assets 1207213649
Deduct Assets Not Admitted
Agents balances 687176
Bills receivable 2803972
Other items
Suspense items 8601
Book value of bonds and stocks over market val 12753154
Advance travel expense 1319000
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
17571903
1189641746
159296176
593419215
2211716
2852677940
Annual Report
Other items
Dividends declared and unpaid to stockholders 50UUUUU
Contingent commissions etc due or accrued 2500000
Funds held under reinsurance treaties 26203910
Investment expense inlnl
Michigan surcharge premiums 2UU6
Total amount of liabilities except capital 817190510
Capital actually paid in cash 200000000
Surplus over all liabilities 172451236
Surplus protection to policyholders 372451236
Total liabilities 1189641746
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 995583143 767240708
Written or renewed during the year 1361172027 1126073387
Excess of original premiums over amount re
ceived for reinsurance ii94Ujjd
Total 2356755170 1905254828
Ltt 1048701351 821330079
In force at the end of the year HSSSilMIS 12U5Mf
Deduct amount reinsured 452454679 366213611
Net amount in force 855599140 717711138
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 296601541 321959627
Written or renewed during the year 2182547700 1139507195
Total 2479149241 1461466822
L L984654711 1012614332
In force at the end of the yeariiliSn K1
Deduct amount reinsured SS69460i 866547il
Net amount in force 405799923 362197719
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross business written 2474154900 264295700
Less 9064219 risks cancelled and 2201632
SSS 1119637100 6948000
Net risks written 1354517800 257347700
Gross premiums on risks written 20640926 576476
Less 6583689 return premiums and 2247988
premiums for reinsurance in Companies au
thorized in Georgia 84828b9 J4S80S
Net premiums received 12158057 227668
Losses paid deducting salvage 6198959 546637
Less losses on risks reinsured in Companies
authorized in Georgia 1232309
Net losses paid 4966650 546637
Losses incurred 5280279 546637
Less losses on risks reinsured in Companies au
thorized in Georgia 766859
Net losses incurred 4513420 546637Insurance Department of Georgi
la
41
BANKERS ANB SHIPPERS INSURANCE COMPANY
59 St John Street New York N Y
C N Meserole President h B Larav Jr Secretarv
Attorney for service in GeorgiaJ P Lewis AUantaGa
Kinds of business done in GeorgiaFire and Tornado
Amount of paidup capital 81000 000 00
Ledger assets Dec 31 1919 3345766 20
Extended at
Income
Gross premiums on new business s 5 809 464 08
Deduct amount paid for insurance and return t0Mb408
premiums 385860620
Total premiums
434576620
Interest and rents 195085788
Profits on sale or increase by adjustment oTassetiTZZZZZIZZZ 167900
Total income
Carried forward
208457506
208457506
Disbursements
lNLamnP POcyholders for losses 1116 647 30
CommissionstTT exPenses in adjustment of claims
commissions and allowances to agents
Salaries of officers and employes
Rents and interest ZZZZZZZZZZ
Advertising printing postage telegrams etcZZZ
Loss on sale and decrease by adjustment of assetsZZZZ
Total disbursements
Balance
1361203
37313087
18897968
1383217
13743399
9375
184372979
24084527
Ledger Assets
Bonds at book value
Cash in office 271763532
1119103
Deposits at interest
Agents balances net
65472740
20305772
Total ledger assets as per balance No 23 358661147
NonLedger Assets
Interest due and accrued
Reinsurance due on losses paid
3600606
35765492
Total assets
398027245
Deduct Assets Not Admitted
Agents balances 2 276 38
Book value of bonds over market value 197832
Total not admitted assets
Total admitted assets
425470
397601775
Liabilities
Net amount of unpaid losses and claims 871 nnj
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
10957645
498830
3000000
Total amount of liabilities except capital 2 001 863
Capital actually paid in cash S foooonTfnn O0186342
Surplus over all liabilities
97415433
Surplus protection to policyholders 1974154 33
Total liabilities
960177542
Annual Report
Business in ForceFire Premiums
ln force on the 31st day of December 1919 74M69 fj
Written or renewed during the year 35Utu J
449952803 476210266
Total
Deduct those expired and marked off as ter 191530784 174706077
minated
258 422 019 301504189
In force at the end of the year 119439405 111837179
Deduct amount reinsured
Net amount in force
Business in ForceMarine and Inland
982614 189667010
Risks Premiums
48458758 32346533
578195266 192491228
i626654024 224S37761
Dedurtthoseexpired and marked off as ter 607glgi077 217081290
minated
In force on the 31st day of December 1919
Written or renewed during the year
Total
18840947
11087970
7756471
1045424
3711047
In force at the end of the year
Deduct amount reinsured
7752977 5
Net amount in force T
Business in the State of Georgia During 1920
1100271300
Gross risks writtenJHTRi 790
Less 3858033 risks cancelled andI11 586976300
mpanies authorized in jeorgia
reinsurance in Compar
Net risks written
Gross premiums on risks rit vVjjniTf
Less 29 75753 return premiums and 2S 1U6L
premiums for reinsurance in Companies au
thorized in Georgia
513295000
13856397
5946071
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid
7910326
3071255
659192
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred

2412063
326743
53S092
2729311
BOSTON INSURANCE COMPANY
87 Kilby Street Boston Mass
r Freeman Nickerson Secretary
Capital actually paid in cash
Ledger assets Dec 31 1919 lz
Ledger assets Dec
Extended at
100000000
15863517
Income
Gross premiums on new business 149822041
Deduct amount paid for insurance and return
premiums
Total premiums
668647978
1215863517
829579063Insurance Department of Georgia
43
Interest and rents
Profits on sale or increase by adjustment for assets
Other items
Profit on H O Agency
Conscience Fund
Agents balances previously charged off
52119923
230069
2245152
59571
138479 2443202
54372257
Total income
Carried forward 2100235774
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsRenewals
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Interest on prepayment Marine premiums 449588
Profit and loss interest on Mortgage No 113 40000
Real estate expenses 2469763
Total disbursements
411265500
7491697
168786661
76122735
5397695
71113865
28000000
691391
2959351
771828895
Balance 1328406879
Ledger Assets
Book value of real estate
Mortgage loans
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for Marine risks
Reinsurance due on losses paid Schedule B
Deposits with Boards
Notes receivable
47925000
23390000
652110329
322160536
495310
79315430
1631030
151660958
14582239
34669511
345000
121511 49718261
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
7482337
37283958
Total assets 1373173174
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Losses due from unauthorized Companies
Loans on personal securities
Mortgage No 113 in excess of appraisal
8787145
954369
1215040
466511
100000
Total not admitted assets

11523065
Total admitted assets i 1361650109
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
275439004
576810232
14000000
5820200
1894910044
Annual Report
Other items nn
Reserve for Marine Reinsurance puuuuud
Total amount of liabilities except capital 8960lSo36
Capital actually paid in cash 100000000
Surplus over all liabilities 365631573
Surplus protection to policyholders 465631573
Total liabilities 1361650109
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 1076365982 1180251
Written or renewed during the year 1056747693 941034918
Total 2133113675 1957715169
Vnl2l 828933932 762198949
In force at the end of the year 1 l07 sstostel
Deduct amount reinsured 40862664 3536039b2
Net amount in force 895553096 841912258
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 86 199 528 274864639
Written or renewed during the year 513pl3bl i
Total 599713149 832056762
Deduct those expired and marked off as ter M1 5 487 100 17
In force at the end of the year t JJOiBM 2
Deduct amount reinsured 15991400 bl2908az
Net amount in force 106469158 222055853
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 836641400 92175400
Less 2 480267 risks cancelled and 928538
reinsurance in Companies authorized in 7902000
Georgia idjiiuu
Net risks written 503662900 84573400
Gross premiums on risks written 6722070 1296379
Less 1815308 return premiums and 113489
premiums for reinsurance in Companies au
thorized in Georgia iUbouu
Net premiums received 1 40155iQ
Losses paid deducting salvage 1276737
Net losses paid 1276737
Losses incurred 1863269
Less losses on risks reinsured in Companies au
thorized in Georgia 552b
Net losses incurred 1787743 767962
1052674
11 72569
11 72569
67962

Insurance Department of Georgia
45
BRITISHAMERICA ASSURANCE COMPANYUNITED STATES BRANCH
18 20 and 22 Front Street E Toronto Canada
W B Meikle President E F Garrow Secretary
Attorney for service in GeorgiaL T Miller Hurt Building Atlanta Ga
Kinds of business done in GeorgiaFire Explosion Riots Strikes and
Civil Commotions Automobile Lightning Inland Transportation
Marine Cyclone and Tornado Sprinkler Leakage
Deposit capital
Ledger assets Dec 31 1919
20000000
233163244
Extended at
233163244
Income
Gross premiums on new business
Deduct amount paid for insurance and return
premiums
331434746
167283086
premiums 164151660
Total
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Remittances from home office to United States Branch
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsRenewals
Salaries of officers and employes
Rents and interest 1
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures
Maps including corrections iI
Inspection and surveys including Bond
Tariff Association
Taxes
Legal expenses excluding legal expenseson
losses
Heat light cleaning ice water insurance
Remittances to home office from IT S Branch
9676835
323301
51793148
225944944
459108188
78335867
1140250
41705184
14942660
584063
2695410
188598
272066
278852
3854823
10887921
253635
29226
74483808
Total disbursements
Balance
90060331
229652363
229455825
Ledger Assets
Bonds at book value j 923 923 97
Stocks at book value
Deposits at interest
Agents balances net
8184700
18245733
10632995
Total ledger assets as per balance No 23 229455825
NonLedger Assets
Interest due and accrued
Other items
Reinsurance of paid losses 128 61
Victoria B C bonds matured Dec 31st 9730
3171588
22591
Total assets
x Deduct Assets Not Admitted
Agents balances 4 599 94
Other items
Book value of bonds and stocks over market
value 11295127
23265000446
Annual Report
Total not admitted assets
Total admitted assets
Liabilities
11746121
220903883
24708179
Net amount of unpaid losses andClaims 55 139420645
Reserves or unearned premiums on risks outstanding
3024171
250000
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Continent commission or other charges due or accrued
51 1 fi7fi 029 95
Total amount of liabilities except capital
Deposit capital sWoos 88
Surplus over all liabilities s
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December as per line
Risks
force on tne sisi uaj ui kc
6 under this heading in last years statement 347110768
Written or renewed during the year per Income 327066804
Excess of original premiums over amount re
ceived for reinsurance
53300888
220903883
Premiums
346392575
157961464
4869226
Deduct those expired and marked off as ter
704177572 509223265
minated
298974661
122342358
405202911 386880907
132676972 126258581
In force at the end of the year TIZZ
Deduct amount reinsured Schedule required
272525939 260622326
Net amount in force
Business in ForceMarine and Inland
Risks
In force on the 31st day of December as per line
6 under this reading in last years statement
Written or renewed during the year per Income
Excess ofo7igTnaTpremiums over amount re
ceived for reinsurance
1392135
6884241
Premiums
3864262
7925246
5764
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured Schedule required

Net amount in force
Recapitulation of Fire Risks and Premiums
8276376
6964578
1311798
110785
1201013
11795272
6975804
Year Amount
Written Term Covered
1920 1 year or less107360607
1919 2 years
1920 2 years
1918 3 years Vnll
1919 3 years 41 092361
1920 3 years bouii
1917 4 years
1918 4 years
1919 4 years
1920 4 years rooM
1916 5 years oi
1917 5 years 6rV0i iVn
1918 5 years Mfns
1919 5 years 6310239
Premiums Fraction
Charged Unearned
98964684
33384189
38946776
49871896
6827063
7788162
6858540
7711435
12
12
34
16
12
56
18
38
58
78
110
310
12
710
4819468
315630
4503838
Premiums
Unearned
49482342
5564032
19473388
41559913
682706
2336448
3429270
5398005Insurance Department of Georgia
47
1920 5 years 8169177 10269581 910
Over 5 years pro rata
Totals 272525939 260622326
Investments in Georgia
Atlanta Ga school bonds par value
9242622
137168726
980000
CALEDONIAN INSURANCE COMPANY
50 and 52 Pine Street New York N Y
Chas H Post VS Manager R c Christopher Asst TJ S Manager
Attorney for service in GeorgiaBowie Martin Atlanta Ga
Kinds of business done in GeorgiaFire Insurance
Ledger assets Dec 31 1919 3 171278 50
Extended at
Income
Gross renewal premiums 4816994 59
Deduct amount paid for insurance and return
premiums 220582905
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Total income
317127850
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of
Commissions and allowances to agentsRenewals
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Total field supervisory expenses
Furniture and fixtures
Maps and corrections
Inspections and surveys
Federal taxes
Taxes licenses and fees
Postage etc
Legal expenses
Agents balances charged off
Miscellaneous offiice expenses
Remittances to home office
Real estate expenses
261116554
12744397
14758230
288619181
605747031
claims
5382852
453055
587259
4172658
4430558
7280037
1080018
35187
51487
70826
10279068
1323912
116846527
6691005
58682272
15475275
1538429
2857426
2583425
35146917
Total disbursements 239821276
Balance 365925755
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Reinsurance recoverable on paid losses
Total ledger assets as per balance No 23 365925755
NonLedger Assets
Interest due and accrued 2972680
35000000
244280326
17572549
37532
17042536
51151085
841727
Total assets 36889843548
Annual Report
Agents balances ASS6tS Not Admit
Other items 1460903
Book value of bonds over market value
Total not admitted assets
Total admitted assets
16719675
Liabilities
lims
risks outs
s accounts due or accrued
RPtJpr r s ma claims
and r outstandir
let amount of unpaid losses and cl
Reserves or unearned pre
balanes and miscellaneou
raxes due or accrued
Other items
R0ensteirTPdntfnvmmiSions due or accrued
rteserved for contingencies
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
500000
1000000
Surplus protection to policyholders
Total liabilities
20000000
72182219
Business in ForceFire
WHhE n th6 31St day f December 1919 4294387
Written or renewed during the year 888816047
Total
18180578
350717857
25894538
222441100
200000
8500000
1500000
258535638
92182219
350717857
Premiums
452652678
399274536

813759785
327187906
DmS1natetah0eFredfIkoff astef
In force at the end of the year
Deduct amount reinsured 4JI
123441920
Net amount in force
851927214
349361927
502565287
134192126
363129959
Business in ForceMarine and Inland
WHt0 T le 31st day of December 1919 fsllSO
Written or renewed during the year mJOTOI
Total
minated marked off as ter
J301 Uose expired and marked
In force at the end of the year
Deduct amount reinsured
Net amount in force
33581991
15807543
17774448
3313436
368373161
Premiums
32719593
82424923
115144516
51568045
14461012
Business in the State of Georgia During 1920
Gross risks written
reinsurance4 adi
reinsurance in Companies authorized in Georgia
Net risks written
Less8 ms n risks writte
reinsurance in ofJ1 and TM0Ti55KSk
nsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risk
Georgia reinsured in Companies auThdrTzid hf
I 63576471
13269556
50306915
A Fire
565899400
269981300
295918100
6912999
2832460
4080539
2426983
923955Insurance Department of Georgia
49

Net losses paid
Losses incurred
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses incurred
Investments in Georgia
Bonds State of Georgia 3 12 per cent
1503028
2096391
695902
1400489
1000000
CALIFORNIA INSURANCE COMPANY
550 Sacramento Street San Francisco Cal
C T Holman President George W Brooks Secretary
Attorney for service in GeorgiaJ Whitner Atlanta Ga
Kinds of business done in GeorgiaFire Insurance of all classes
Amount of paidup capital
Ledger assets Dec 31 1919
Increase of paidup capital during year
1000000
230308038
600000
Extended at
Income
Gross premiums on new business 422880419
Deduct amount paid for insurance and return
premiums 205281767
Total premiums
Interest and rents
Other Sources
Received from employes insallments on Liberty Bonds
Agents balances previously charged oft
290308035
217598652
10729176
49500
11000
Total income
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsRenewals
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Taxes licenses and fees
Investment expense
Installments on employes Liberty Bonds
Real estate expenses
Gross decrease by adjustment in book value of ledger assets
228388328
81339896
4634277
44659199
22621374
1396289
11588299
42
7647537
116280
197000
1159723
1786CO
175538576
Total disbursements
Balance 343157790
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Loans by pledge of bonds stocks or other collateral
Bills receivable taken for fire risks
a Deposit with State of Alabama
b Deposit with Western Canada Grain Association
417343 13
4581457
141162268
10725000
639328
5965167
44445932
430211 61
1500000
419640
50000
10000050
Annual Report
c Losses recoverable from reinsures
d Disbursements due to failure of American Union
surance Company
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 3174022
Bills receivable 67500
Other items
Items A and B above i 500 00
Item D above 631607
Excess of bills receivable 301290
Unadmitted items Schedule E 48811I
Overdue and accrued interest on bonds ni25iJ
Book value of bonds stocks and other assets
over market value I 0075 53
3948817
6316 7
343157790
27572 31
345915021
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions
Installments on employes Liberty Bonds
Interest received in advance
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
100000000
615 514 07
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 186 543 983
Written or renewed during the year 314737017
Excess of original premiums over amount re
ceived for reinsurance
Total1
Deduct those expired and marked off as ter
minated
501281000
212340971
In force at the end of the year 288940 029
Deduct amount reinsured 10o624d26
63355 85
339579430
19126379
149831350
50C00O
7000000
1500000
4500
20800
178028029
101551407
339579436
Premiums
222274096
338111626
1274S40
561660562
234000319
327660243
113991299
Net amount in force 188315103
Business in ForceMarine and Inland
In force on the 31st day of Dec 1919
Written or renewed during the year
Total
Deduct those expired and marked oft as ter
minated
In force at the end of the year
Deduct amount reinsured
Net amount in force
Risks
13883627
1141 1987
55298614
24429381
30869233
693233
30176000
21366S944
Premiums
36671281
8 1768793
121 140074
61143823
1 ii 962 51
1623854
5S672397Insurance Department of Georgia
51
Business in the State of Georgia During 1920
A Fire
Gross risks written 332631300
Less 737796 risks cancelled and 185433
reinsurance in Companies authorized in Georgia 92322900
Net risks written 240308400
Gross premiums on risks written 3265312
Less 438260 return premiums and 202895 premiums for
reinsurance in Companies authorized in Georgia 641155
Net premiums received 2624157
Losses paid deducting salvage 157180
Less losses on risks reinsured in Companies authorized in
Georgia 34054
Net losses paid 123126
Losses incurred 105906
Less losses on risks reinsured in Companies authorized in
Georgia 61946
Net losses incurred 167852
CAMDEN FIEE INSURANCE ASSOCIATION
432 Federal Street Camden N J
Edmund B Read Jr President Joseph K Sharp Secretary
Attornev for service in GeorgiaCharles M Jerome Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Auto Marine and Riot
Amount of paidup capital 125000000
Ledger assets Dec 31 1919 615512150
Increase of paidup capital during year 25000000
Extended at 640512150
Income
Gross premiums on new business 828085658
Deduct amount paid for insurance and return
premiums 308184210
519901448
29723146
148875
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Transfer foes jouv
Surplus paid in by stockholders 25000000 25001600
Total income 574775069
Carried forward
Disbursements
Net amount paid policyholders for losses 1
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Real estate expenses
Other items
Field supervisory expenses 5191297
Furniture fixtures maps and insp surveys 10352043
Taxes 18799813
Agents balance charged off 188063
Deposit premiums returned or perpetual 111046
1215287219
240161252
4475287
143996820
19602537
2450060
5217478
13997550
9131843
416963
3464226252
Annual Report
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interestI
Agents balances net
Other items
Loans collateral t I7qnnnn
Bills received taken for fire risks 7 574 76
United States Thrift Stamps 4695
Cash deposit Philadelphia Underwriters oono
Various deposits 6149100
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance due on paid losses
Total assets
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Various deposits
Book value of bonds and stocks over market val
7272
7476
614900
14833231
474092052
741195167
15506745
62127500
425149113
132051418
337399
34264459
51448
6S520014
3187071
741195167
7542525
243255
1167188
750148135
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Other items
Reserved for taxes etc
Interest paid in advance on mortgage
Total amount of liabilities except capital
18000000
7500
15482879
734665256
95737280
393745608
50660
779487
18007500
50S320535
Capital actually paid in cash 1 250 000 00
Surplus over all liabilities 101344721
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
Tn force on the 31st day of December 1919 681871857
Written or renewed during the year 706613302
226344721
734665256
Premiums
694543220
715172067
1409715287
78299T6
830885311
160711002
Net amount in force 666469485 670174309
Total t 3g 4gp icg
Deduct those expired and marked off as ter
minated 563552184
Tn force at the end of the year 824932975
Deduct amount reinsured 1581473490Insurance Department of Georgia 53
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 6476519 7806497
Written or renewed during the year 144033769 112789516
Total j 150510288 120596013
Deduct those expired and marked off as ter
minated 16881146 74125419
In force at the end of the year 133629142 46470594
Deduct amount reinsured 2180343 2862453
Net amount in force 131448799 43608141
Perpetual risks not included above 127855700
Deposit premiums on same 3132740
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1260571100 227899400
Less 4756151 risks cancelled and 2324393
reinsurance in Companies authorized in
Georgia 657861000 50193400
Net risks written 602710100 177706000
Gross premiums on risks written 15704942 2419139
Less 4422150 return premiums and 2898391
premiums for reinsurance in Companies au
thorized in Georgia 6795089 525452
Xet premiums received 8909853 1893687
Losses paid deducting salvage 5648538 1427279
Less losses on risks reinsured in Companies au
thorized in Georgia 1642100 15454
Xet losses paid 4006438 1411825
Losses incurred 6238838 1450179
Less losses on risks reinsured in Companies au
thorized in Georgia 1796592 26354
Xet losses incurred 4442246 1423825
Investments in Georgia
Bonds 1000000
CENTRAL MANUFACTURERS MUTUAL INSURANCE COMPANY
122 and 124 West Main Street Van Wert Ohio
H V Olney President C A L Purmort Secretary
Attorney for service in GeorgiaJ L Riley Atlanta Trust Co Bldg
Atlanta Ga
Kinds of business done in GeorgiaFire and Automobile
Ledger assets Dec 31 1919 163592841
Extended at 163592841
Income
Gross premiums on new business 228456938
Deduct amount paid for insurance and return
premiums 44435135
Total premiums 184020803
Interest and rents 6715847
Profits on sale or increase by adjustment of assets 61060054
Annual Report
Total income 191347250
Carried forward 354940091
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Other items
Maps inspections surveys etc 2732410
Federal taxes 1468263
Taxes licenses and fees 2737635
Taxes and expenses on real estate 2664S2
67449813
1589208
32481702
6502650
592222
2531201
25811031
Total disbursements
Balance
7204790
144162617
210777474
Ledger Assets
Book value of real estate
Mortgage loans first lien w
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
4000000
38247b00
121410000
1000000
982231
16119941
29017802
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Book value of bonds and stocks over market value
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions etc
210777474
1799334
212576808
4249900
208326908
11234621
97712045
50000
1950000
5803560
Total amount of liabilities except capital
Surplus over all liabilities
Business in ForceFire
Risks
In force the 31st day of December 1919 105331297
Written or renewed during the year 161787 699
Total 267118996
Deduct those expired and marked off as ter
minated 123472534
In force at the end of the year 143646462
Deduct amount reinsured 1007299
Net amount in force
116750226
915766S
Premiums
143125 1OS
228456938
371582346
178730743
192851603
1141890
142639163 191709707
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 10803805 25626327
Written or renewed during the year 23406241 26280745Insurance Department of Georgia
Total 34210046
Deduct those expired and marked off as ter
minated 15855285
Net amount in force 18354761
Business in the State of Georgia During 1920
A Fire
Gross risks written 180063600
Less 436870 risks cancelled 40729400
Net risks written 139334200
Gross premiums on risks written 3480298
Less 1568471 return premiums 1399092
Net premiums received 2081206
Losses paid deducting salvage 882951
Net losses paid 1 882951
Losses incurred 1330390
Net losses incurred 1330390
55
51907072
31306642
20600430
Marine and
Inland
14806000
2957600
11848400
392784
169379
223405
142238
142238
142238
142238
CITY OF NEW TORE INSURANCE COMPANY
56 Cedar Street New York N Y
Frank B Burke VicePresident J Carroll French Secretary
attorney for service in GeorgiaRhett OBierne Lockridge Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Wind Storm Inland
Marine Hail and Sprinkler Leakage and for other classes of
Insurance warranted by its Charter
100000000
2 477W16
40000000
Amount of paidup capital
Ledger assets Dec 31 1919
Increase of paidup capital during year
Extended at 287737716
Income
Gross premiums on new business
Fire 276064558
Marine 42446419 318510977
Deduct amount paid for reinsurance and return
premiums for Fire and Marine and Inland 259623166
Total premiums
Accrued interest on mortgages acquired during 1920
Other items
Accrued interest on bonds acquired during
1920
Gross interest on deposits in trust compa
nies and banks
Unlisted assets
Bank acceptances
Surplus paid in by stockholders
Increase in liabilities during the year
From agents balances previously charged off
8083066
86197
8055
80333
00000
25510
11970
58887811
1059566
7
400
II
53695131
113642508
401380224
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses 5542IIoo
Legal and administrative expenses in adjustment of claims 1729538
Commissions and allowances to agentsRenewals 1495979
Salaries of officers and employes 14icc TV
Rents and interest io67H56
Annual Report
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Bonds and stock
Other items
Legal expenses
Furniture and fixtures 3495 44
Maps including corrections 109240
Inspection and surveys 25379 57
Federal taxes 21887 59
Taxes licenses fees etc 416285S
Total disbursements
Balance
Mortgage loans first lien
Bonds at book value
Stocks at book value
Deposits at interest
Deposits not at interest
Agents balances net
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
6901546
10000000
27572496
1965
9348353
I 127665182
273715042
20350000
128877820
68039354
29574053
1098909
25774906
273715042
Interest due and accrued
Other items
Market value of bonds and stocks over book
value
Reinsurance due on unpaid losses
Total assets
2115031
8783826
10051500
Agents balances
Total not admitted assets
Total admitted assets
Deduct Assets Not Admitted
851600
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstandingI
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions 400000
Reinsurance premiums 4125510
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
10000000 J
71600351
Surplus protection to policyholders
Total liabilities
Business in ForceFire
T Risks
In force on the 31st day of December 1919 277094 693
Written or renewed during the year 313921376
18835326
294665399
851600
293813799
30688400
82399538
100000
4500000
4525510
122213448
171600351
293813799
Premiums
269960284
276064558
T1 TV 591016069
Deduct those expired and marked off as ter
minated 244393853
In force at the end of the year
Deduct amount reinsured
3 16622216
190005230
Net amount in force
546024842 219599829
s 326420013 192190112
156616986 134234601Insurance Department of Georgia
Business in ForceMarine and Inland
In force on the 31st day of December 1919 8722692
Written or renewed during the year 15720892
Total 24443584
Deduct those expired and marked off as ter
minated 19820401
In force at the end of the year 4623183
Deduct amount reinsured 351l526
Net amount in force 1111657
Business in the State of Georgia During 1920
A Fire
Gross risks written 10362205 00
Less 1657321 risks cancelled and 5413257
reinsurance in Companies authorized in
Georgia 707057800
Net risks written 329162700
Gross premiums on risks written 8536080
Less 1648180 return premiums and 3633870
premiums for reinsurance in Companies au
thorized in Georgia 5282050
Net premiums received 3254030
Losses paid deducting salvage 2398586
Less losses on risks reinsured in Companies au
thorized in Georgia 2156336
Net losses paid 242250
Losses incurred 3309994
Less losses on risks reinsured in Companies au
thorized in Georgia 1636536
Net losses incurred 1673458
57
Premiums
23860536
42446419
66306955
53515084
i 12791871
9481119
3310752
Marine and
Inland
596182
97959
3223
1911245
131877
1779368
518144
187576
330568
766644
550676
215968
CITIZENS INSURANCE CO OF MISSOURI
St Louis Missouri
Charles E Chase President P O Crocker Secretary
Attorney for service in GeorgiaW R Prescott Atlanta Ga
Kind of business done in GeorgiaFire Tornado Automobile Sprinkler Leakage
Capital Stock
Amount of paidup capital 20000000
Ledger assets Dec 31 1919 109800043
Extended at 109800043
Income
Gross premiums on new business 478839704
Deduct amount paid for insurance and return pre
miums 416057131
Total premiums 62782573
Interest and rents 3144495
Total income 65927068
Carried forward 175727111
Disbursements
Net amount paid policyholders for losses 2378039658
Annual Report
Legal and administrative expenses in adjustment of claims 294610
Commissions and allowances to agents 20913494
Salaries of officers and employes 6784
Rents and interest 9055
Advertising printing postage telegrams etc 3343
Paid stockholders for dividends in cash 2600000
Other items
Federal taxes 1457085
Furniture and fixtures repairs etc 2115
Taxes licenses fees 112379
Decrease in liabilities during the year on account of reinsurance
treaties 4302578
Total disbursements 53481839
Balance 122245272
Ledger assets
Mortgage loans first lien 40000
Bonds at book value
Stocks at book value
Deposits at interest
Deposits not at interest
Agents balances net
4000000
52649451
95000
45223791
250380
20026650
Total ledger assets as per balance No 23 122245272
NonLedger Assets
Interest due and accrued
Total assets
Deduct assets not admitted
Other items
Book value of bonds and stocks over market value
1068892
123314164
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Funds held under reinsurance treaties
5826961
117487213
9576989
40674208
700000
20613188
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
20000000
25922828
71564385
j c a OOQ 9ft
Surplus protection to policyholders
Total liabilities
Premiums in Force Miscellaneous Companies
In force December 31 1919
117487213
287985386
Written or renewed during year 478839704
g 766825090
DeducTceased tobe in force during year 387976920
In force December 31st 1920 HHHs
Deduct amount reinsured auiiaaa
Net premiums in force 71630787
Investments in Georgia
Bonds City of Atlanta Ga 4 per cent mature 19281 1164000
Other items Stocks Southern Adjustment Bureau Atlanta 20000
Total investments in Georgia 1184000Insurance Department of Georgia
59
COLUMBIA INSURANCE COMPANY
15 Exchange Place Jersey City New Jersey
George P Crane President H W Spicer Secretary
Attorney for service in GeorgiaJames L Dickey Jr Atlanta Ga
Kinds of business done in GeorgiaMarine and Automobile
Capital Stock
Amount of paidup capital
Ledger assets Dec 31 1919
40000000
192394289
Extended at 192394289
Income
Gross premiums on new business
Deduct amount paid for insurance and return pre
miums
311245352
141042936
Total premiums 170202436
Interest and rents 7434475
Other items
Agents balances previously charged off 3315
Total income 177640226
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
370034515
72455818
216346
40586555
14309742
830000
4999698
5000000
102301
7067320
Total disbursements
Balance
Ledger Assets
Bonds at book value
Deposits at interest
Agents balances net
Other items
Bills receivable for interest on securities
Due from authorized companies on losses paid
Due from unauthorized companies on losses paid
Philadelphia Fire Und Assn deposit
145567780
224466735
182618269
3120288
35038429
27000
3635681
17068
10000
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
224466735
2017952
Total assets 226484687
Deduct Assets Not Admitted
Agents balances 15nn
Bills receivable 27000
Other items
Due from unauthorized companies on losses paid n JcoSn
Book value of bonds over market value 13975930
Total not admitted assets 15565281
Total admitted assets
Liabilities
210919406
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities
32573482
78875308
1200000
4000000
except capital 11664879060 Annual Report
Capital actually paid in cash 40000000
Surplus over all liabilities 54270616
Surplus protection to policyholders 942706It
Total liabilities 210919406
Business in ForceFire
T Risks Premiums
In force on the 31st day of Dec 1919 2519008100 193222 00
Written or renewed during the year22084622500 1726 018 66
Excess of original premiums over amount received
for reinsurance 11 40875
Total 24603630600 193164941
Deduct those expired and marked off as terminated 7104565700 53688122
In force at the end of the year17499064900 139476819
Deduct amount reinsured 6866084900 56620904
Net amount in force 10632980000 82855915
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day December 1919 44616259 00 739 990 6
Written or renewed during the year11898621000 138643483
Total 16360246900 212642548
Deduct those expired and marked off as terminated 11610998000 148404809
In force at the end of the year 4749248900 642 377 39
Deduct amount reinsured 916119200 10379089
Net amount in force 3833129700 53858650
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 177690800 176294500
Less 352176 risks cancelled and 357562 re
insurance in Companies authorized in Georgia 70973800 66890500
Net risks written 106717000 109404000
Gross premiums on risks written 1356674 21 050 40
Less return premiums and premiums for reinsurance
in companies authorized in Georgia 652406 667695
Net premiums received 704268 1437345
Losses paid deducting salvage 4933 232726S
Less losses on risks reinsured in Companies au
thorized in Georgia 185 129788
Net losses paid 4748 2197480
Losses incurred 98933 26859 68
Less losses on risks reinsured in companies
authorized in Georgia 185 143138
Net losses incurred 98748 2542830
COMMERCIAL UNION ASSURANCE COMPANY ltd
55 John Street New York X Y
Whitney Palahe U S Manager
Attorney for Service in GeorgiaDowdell Brown Atlanta Ga
Kinds of business done in GeorgiaFfre insurance of all classes
Ledger assets Dec 31 1919 1493644320
Extended at 1493644320Insurance Department of Georgia
61
Income
Gross premiums on new business 2049175085
Deduct amount paid for insurance and return
premiums 1092165599
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Deposit premiums written on perpetual risks gross
Remittances from home office in U S Branch gross
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Total field supervisory expenses
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Remittances to home office by U S Branch gross
Other items
Furniture and fixtures maps inspections and
surveys
Taxes licenses and fees
Legal expenses and agents balances charged off
Deposits premiums returned on perpetual risks
Miscellaneous 921841
Real estate expenses 7716237
957009486
53670045
848820
518550
43967461
1056014362
2549658682
565605635
15503793
182966148
17006568
47980947
4637129
10522404
44161650
124553989
Total disbursements
Balance
27106438
77384937
311330
113440783
1126379046
Ledger Assets
Book value of real estate
Mortgage loans first liens
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for fire risks
Reinsurance recoverable on paid losses
Loans secured by pledge of bonds
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book balue
Other items
Rents accrued
Total assets
Deduct Assets Not Admitted
Agents balances 13142095
Other items
Book value of other ledger assets 38901380
1423279636
85628880 10060000 832749506 24705374 124618 226819061 2799027 222554167
46685 17697818 94500
1423279636
10352655 46020000
885050
1480537341
Total not admitted assets
Total admitted assets
52043475
142849386662
Annual Report
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Amount reclaimable by the insured on perpetual Are
Contingent commissions
Total amount of liabilities except capital
Surplus over all liabilities
172441674
757158437
1972300
30431000
8286390
3540000
973829801
454664065
Total liabilities 142S493866
Business in ForceFire
In force on the 31st day of December 1919 1856457317
Written or renewed during the year 1813092787
Excess of original premiums over amount received for re
Insurance
3669550104
Total j
Deduct those expired and marked off as termi
nated 1483541193
In force at the end of the year 2186008 911
Deduct amount reinsured 785247482
Net amount in force 1400761429
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 125061066
Written or renewed during the year 5061605558
Total f 5186666624
Deduct those expired and marked off as termi
nated 5088305614
In force at the end of the year
Deduct amount reinsured
Net amount in force
98361010
8501687
Premiums
1751278410
1524486148
3766463
3279531021
1340649790
1938881231
620197183
1318684048
Premiums
1 173346929
52 16S8937
698035S66
552593263
11 442603
10167012
89859323 135275591
Perpetual risks not included in above
Deposit premiums on same
Business in the State of Georgia During 1920
A Fire
Gross risks written 2667466800
Less 4840181 risks cancelled and 16813631
reinsurance in Companies authorized in
Georgia
2165381200
9207100
8286390
Marine and
Inland
11013673600
183307200
Net risks written
502085600 10830366400
Gross premiums on risks written
Less 3840344 return premiums and 10810852
premiums for reinsurance in Companies au
thorized in Georgiag
Net premiums received j
Losses paid deducting salvage
Less losses on risks reinsured in Companies
authorized in Georgia
Net losses paid g
Losses incurred
31059898
14651196
16408702
12160178
3462079
8698099
343095IS
5287441
29022077
15359941

1 15359941
15980107
115577Insurance Department of Georgia
63
Less losses on risks reinsured in Companies
authorized in Georgia
Net losses incurred
2585179
13394928
115577
THE COMMERCIAL UNION FIRE INSURANCE COMPANY OF N
55 John Street New York New York
Whitney Palacher President Wm M Ballard
Capital Stock
Amount of paidup capital 20000000
Ledger assets Dec 31 1919 180779317
Extended at
Income
Gross premiums on new business 309466880
Deduct amount paid for insurance and return pre
miums 152692492
Total premiums
Interest and rents
EW YORK
Secretary
180779317
156874388
6357604
Total income 163231992
Carried forward 344011309
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Furniture 422402
Maps 38498
Inspections 3562023
Taxes G9 31447
Agents bals charged off IZrIII L58862
67516580
2023191
37335822
11862550
579091
1236813
2000000
5976261
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Reinsurance recoverable on paid losses
11113232
139643540
204367769
104942612
17104125
1166
39135394
811804
36108619
6264049
Total ledger assets as per balance No 23 204367767
NonLedger Assets
Interest due and accrued 1319200
Total assets
Deduct Assets Not Admitted
1267809
205686969
Agents balances
Other items
Book value of other ledger assets over market
value
Total not admitted assets
Total admitted assets
297737
1566546
20412142364
Annual Report
Liabilities
Net amount of unpaid losses and claims 177 RW nn
Srr earned premiums on risks outstairfiSVV 1 307 763 97
Itxauoccfued60118 aCUntS dU6 T accefl MOOOO
3255000
Total amount of liabilities except capital Yl72fiq7
Capital actually paid in cash Yooonnnn itZba4ba7
Surplus over all liabilities 31426826
Surplus protection to policyholders11711 514 268 26
Total liabilities iJfiiLni23
THE COMMONWEALTH INSURANCE COMPANY OF NEW YORK
76 William Street New York NY
Cecil F Shallcross President R P Barbour Secretarv
Urney forervipe in GeorgiaE R MacDowell Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Windstorm Ocean and
Inland Marine Automobile Explosion Riot CivilI CommoUon and
Invasion Leakage Aircraft Earthquake Hail Crops
and Weather
Amount of paidup capital
Ledger assets Dec 31 1919
Extended at
Capital Stock
50000000
396852481
Income
Gross premiums on new business c rns 401 cs
Deduct amount paid for insurance and returnpre J10i
miums 280895289
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
From agents balances previously charged off
Total income T
396852481
269953864
16101312
65071
1845
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustmentVf claims
Commissions and allowances to agents renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures including rent of and re
pairs to same
286122092
682974573
96515801
6403201
58465425
21286998
1124650
5552322
23234500
Maps inspections and surveys including under
writers boards
Federal taxes licenses and fees
Agents balances charged off
Paid stockholders for dividends amount declared
during year cash
Real estate expenses
853041
5123310
11333814
104821
50000oT
26402
Total disbursements
Balance
235024285
447950288
Book value of real estate
Mortgage loans first lien
Bonds at book value
Deposits at interest
Agents balances net
Ledger Assets
1300260
21330000
353508807
17064988
54120649Insurance Department of Georgia
Other items
Bills receivable
Reinsurance recoverable on paid losses unauthorized companies
Total ledger assets as per balance No 23
Interest due and accrued NonA
Total assets
65
32839
582141
10604
447950288
Agents balances DedUCt AsSetS Not Admitted
Bills receivable
Other items
Reinsurance recoverable on paid losses author
ized companies
Book value of bonds and stocks over market value
Total not admitted assets
4327322
452277610
1460779
32839
10604
13615307
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
TeTLnd mlSCelaneoils accounts due or accrued
laxes due or accrued
Other items
15119529
437158081
Contingent commissionss or other charges du
e or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
50000000
127850496
29570334
220469238
500000
7141582
1626431
259307585
Total liabilities
Business in the State of Georgia During 1920
Fire
Gross risks written 7V
Less Are 2445 265 marine andTnlandWSOrisks
cancelled and fire 1796307 reinsurance in com
panies authorized in Georgia
Net risks written
Gross premiums on risks written
Less fire 1509594 marine and inland17404 return
premiums and fire 2055827 premiums for rein
surance in companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companiesau
thonzed in Georgia
424157200
353228200
8078350
3565421
177850496
437158081
Marine and
Inland
12880000
6850
12195000
229585
17404
4512929
1621746
698951
212181
77906
Net losses paid
Losses incurred 2I
Less losses on risks reinsured in Companiesau
thorized in Georgia
Net losses incurred s
922795
2544706
818051
77906
140656
1726655
140656
THE CONCOBDIA IIBE INSURANCE COMPANY OF MILWnrr
Corner West Water and Wells Streets Mtakee
Gustav Wallaetrer Jr President xrvi t
Amount of paidup capital
Ledger assets Dec 31 1919
Extended at
ig Atlanta Ga
75000000
399792428
39979242866
Annual Report
Income
Gross premiums on new business 4S9073189
Deduct amount paid for insurance and return
170958940
premiums
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Conscience money
From agents balances previously charged off
593
31737
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Miscellaneous 1oia5i
Agents balances charged off JJjJ
Federal taxes 8453696
Taxes licenses and fees 9525642
Maps and inspections and surveys 626155S
Legal expenses 245549
Total disbursements
Balance
318114249
18288437
3048000
32330
Total income S 339483016
Carried forward 739275444
130112180
2642680
77250398
25570870
2360180
5309325
9375000
8947577
181541
24507466
S257217
453018227
Ledger Assets
Mortgage loans first lien S llI599
215002000
27325000
2258581
21410057
450250 S9
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23 45301S227
NonLedger Assets
Interest due and accrued 5416068
Other items
Due from other Companies for losses paid 59o38
Total assets 464367523
Deduct Assets Not Admitted
286271
Agents balances
Total not admitted assets
286271
Total admitted assets 464081252
Liabilities
Net amount of unpaid losses and claims o88UVS
Reserves or unearned premiums on risks outstanding 28222123
Other items
Estimated amount hereafter payable for federal state and
ioooooo
other taxes
Contingent commissions or other charges due or accrued
Total amount of liabilities except capital 328167035Insurance Department of Georgia
67

Capital actually paid in cash
Surplus over all liabilities
75000000
60914217
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 473 126 706
Written or renewed during the year 42o095442
893222148
314685830
135914217
Deduct those expired and marked off as termi
nated
In force at the end of the year 578536318
Deduct amount reinsured 100 642 342
Net amount in force 477 93 g7g
Business in ForceMarine and Inland
Risks
1527110
58553413
In force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and marked off as termi
nated
In force at the end of the year
Deduct amount reinsured
60080523
44218015
15862508
190000
Net amount in force 15672508
Business in the State of Georgia During 1920
A Fire
Gross risks written 6507242 00
Less 1598548 risks cancelled and 27372 re
insurance in Companies authorized in Georgia 155340100
464081252
Premiums
492629923
428892785
921522708
330783929
590738779
107685669
483053110
Premiums
5 2467862
60180404
62648266
29048209
33600057
263450
33336607
Marine and
Inland
146016100
7251900
Net risks written 495384100 138764200
Gross premiums on risks written
Less 1729123 return premiums and 81271
premiums for reinsurance in Companies au
thorized in Georgia
Net premiums received
Losses paid deducting salvage j
Less losses on risks reinsured in Companies
authorized in Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
9900370
1756333
8144037
2091281
13420
2077861
2925567
13120
2912147
558214
54061
504153
324998

324998
351998

354998
THE CONNECTICUT FIRE INSURANCE COMPANY
30 Trinity Street Hartford Conn
Edward Milligan President George C Long Jr Secretary
Attorney for service in GeorgiaThos E Tupper Atlanta Ga
Kinds of business done in GeorgiaAll kinds of business permitted by its
charter68
Annual Report
Capital Stock
Amount of paidup capital LSJSSSSSS
Ledger assets Dec 31 1919 1126700728
Extended at
Income
Gross premiums on new business 1177443775
Deduct amount paid for insurance and return pre
miums 41261147
1126700728
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Agents balances previously charged off
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents renewal
Field expenses
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends capital stock tax
Loss on sale and decrease by adjustment of assets
Other items
Taxes
Inspections surveys etc
Miscellaneous office expenses
Trust fund Liberty Loan
Investment expenses
Agents balances charged off
764682628
46939596
477824
48134
812148182
1938848910
320830137
7672736
179165044
10999387
51636234
3306322
10768459
27850000
9641750
49153041
13225595
1888535
507500
152856
37482
Total Disbursements
Balance
64965009
686835078
Ledger Assets
Mortgage loans first lien
Collateral loans
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Recoverable for reinsurance on paid losses
Total assets
Deduct Assets Not Admitted
Agents balances 2305880
Mills receivable 5448101
Other items
Book value of assets over market value 47649764
Total not admitted assets
Total adimtted assets
1252013832
48060000
1500000
886543144
80945520
85784
139174027
3052574
81174136
11478647
1252013832
12125939
5482211
1269621982
55403745
Liabilities
Nit amount of unpaid losses and claims
1214218237
89594410Insurance Department of Georgia
69
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
667527967
5000000
25000000
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
1000000
3270958
787122377
00
60
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day December 1919 1249889360
Written or renewed during the year 1162121945
Total 2412011306
Deduct those expired and marked off as terminated 857008023
427095860
1214218237
Premiums
1241171194
1081731466
2322902660
885246845
In force at the endi of the year 1555003282
Deduct amount reinsured 259124185
1437655815
235604169
Net amount in force 1295879097 1202051646
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day December 1919 2364059000 46357924
Written or renewed during the year 15010306000 95712309
Total 17374365000
Deduct those expired and marked off as ter
minated 14976012300
In force at the end of the year
Deduct amount reinsured
142070233
100698319
2398352700
124724600
41371914
1318472
Net amount in force 2273628100 40053442
Business in the State of Georgia During 1920
Fire
Gross risks written 1831254300
Less 4311429 risks cancelled and 4097901 re
insurance in companies authorized in Georgia 813715400
Net risks written 1017538900
Gross premiums on risks written
Less 2806222 return premiums and 2901162
premiums for reinsurance in companies author
ized in Georgia
Net premiums received
13367408
5494617
7872791
Marine and
Inland
210645400
27217600
183427800
I 1483736
212767
1270969
Losses paid deducting salvage 3285896
Less losses on risks reinsured in Companies au
thorized in Georgia 785881
Net losses paid 2500015
Losses incurred 4106200
Less losses on risks reinsured in companies au
thorized in Georgia 974939
Net losses incurred
683375
2131
681244
744987
2131
3131351
742856
THE CONTINENTAL INSURANCE COMPANY
80 Maiden Lane New York N Y
J E Lopez President
Amount of paidup capital 10 000 000 00
Ledger assets December 31 1919 39392685178
Extended at 393926857870
Annual Report
Income
Gross premiums on new business 2959361650
Deduct amount paid for insurance and return
premiums 1080411868
Total premiums IS
Interest and rents 2
Profits on sale or increase by adjustment of assets
Other items
Income tax withheld at source N Y State 53969
From agents balances previously charged off 19700
Gross profits on sale or maturity of ledger
assets 81077900
78949782
14718413
57901400
Total income
81151569
2232721164
Carried forward 6171989742
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsFirst year
Salaries of officers and employes
Bents and interest
Advertising printing postage telegrams etc
Paid palicyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Other underwriting and office expenses 1
Agents balances charged off
Income tax withheld at source X Y State
Investment expenses other than real estate
Real estate expenses
Interest on scrip
70034212
935272
115767
133068
2197593
10560
7392914SO
19957162
396431508
130064057
12685670
43850542
200000000
394364500
173426472
Total disbursements 2110071391
Balance 4061918351
Ledger Assets
Book value of real estate
Mortgage loans first liens
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for fire risks 28303073
Amount recoverable for reinsurance on paid
losses per schedule E 942731
3000000
124484384
104169S500
2266105000
762979
344383756
25603
252212325
29245804
4061918351
Total ledger assets as per balance No 23 3
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Dividend on 3400 shares Southern Pacific Co sold ex
div Dec 3 1920 per schedule D part 4
Total assets 4102061009
19631283
20001375
510000
Deduct Assets Not Admitted
Agents balances
Hills receivable
3402278
9587322Insurance Department of Georgia
71

Other items
Excess of bills receivable not past due taken
for Are risks over the unearned premium
thereon
Total not admitted assets
3283652
16273252
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Principal unpaid on scrip or certificate 2615200
Interest due or accrued on scrip 605490
Cont com or other charges due or accrued 17709801
Reserve for contingencies 100000 00
Income tax withheld at source N Y State 539 69
Total amount of liabilities except capital
Capital actually paid in cash 1000000000
Surplus over all liabilities 904727200
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 3231129533
Written or renewed during the year 3042581760
Total 6273711293
Deduct those expired and marked off as termi
nated 1797998089
In force at the end of the year 4475713204
Deduct amount reinsured 779218711
Net amount in force 3696494493
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 141057573
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
150375592
291433165
168571687
122861478
31522318
4085787757
203797317
1792870680
100000000
8575000
44833100
30984460
2181060557
1904727200
4086787757
Premiums
3084460555
2633366666
5717827221
2013749315
3704077906
611003033
3093074873
Premiums
167066759
325994984
493061743
281272546
211789197
65533016
Net amount in force
Business in the State of Georgia During 1920
A Fire
Gross risks written 6991111700
Less 16028849 risks cancelled and 12441599
reinsurance in Companies authorized in
Georgia 2483341000
91339160 146256181
Marine and
Inland
1032385900
363703800
Net risks written 4507770700 686682100
Gross premiums on risks written 59823903
Less 12907712 return premiums and
11292350 premiums for reinsurance in
611647872 Annual Report
Companies authorized in Georgio 21277508 2922554
Net premiums received 385463 95 3193924
Losses paid deducting salvage 12954S28 3038717
Less losses on risks reinsured in Companies au
thorized in Georgia 1223062 1046181
Net losses paid 11731766 1992536
Losses incurred 20591218 3162905
Less losses on risks reinsured in Companies au
thorized in Georgia 2929608 1114941
Net losses incurred 17661610 2047964
COUNTY FIRE INSURANCE COMPANY OF PHILADELPHIA PA
Management156 Hanover Street Manchester New Hampshire
Charles R Peck President
Philadelphia Pa
George TV Swallow Asst Secretary
Manchester N H
Capital Stock
Amount of paidup capital 40000000
Ledger assets Dec 31 1919 96515658
Extended at
Income
Gross premiums on new business 132550789
Deduct amount paid for insurance and return pre
miums 97980021
Total premiums
Deposit premiums on perpetual risks
Interest and rents
Profits on sale or increase by adjustment os assets
Other sources
Discount perpetual premiums
96515658
34570768
49200
5000099
298000
149814
Total income 40067881
Carried forward 136583539
Disbursements
Net amount paid policyholders for losses 12720983
Legal and administrative expenses in adjustment of claims 110406
Commissions and allowances to agents 8931259
Salaries of officers and employes 3L21766
Rents and interest 108245
Advertising printing postage telegrams etc 4J46691
Paid policyholders for dividends 1997000
Loss on sale and decrease by adjustment of assets 207928
Others items
Taxes federal municipal etc 3200141
Deposit premiums returned perpetual risks 1615203
Real estate expenses 420267
Inspections and surveys 1425317
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Other items
Perpetual deposits other companies
6660928
34305206
102278333
3240838
700000
83485856
10267000
3007693
1436571
140375
Total ledger assets as per balance No 23 102278333Insurance Department of Georgia
73
NonLedger Assets
Interest due and accrued 1082847
Market value of assets over book value 5404469
Other items
Reinsurance due on losses paid 47309
Phila Fire Undrs Assn deposit 100 00
57309
Total assets 108822958
Deduct Assets Not Admitted
120455
120455
Agents balances
Total not admitted assets
Total admitted assets 108702503
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
10 per cent perpetual deposits other companies
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on 31st day of December as per line 6
under this eading in last years statement
Written or renewed during the year per income
No 5
62824241
Total
Deduct those expired and marked off as ter
minated
108702503
Premiums
139284785
132550789
275795562 271835574
94006204 96437005
Risks
142383807
133411755
Tn force at the end of the year
Deduct amount reinsured Schedule required
181789358
128237850
175398569
127540065
Net amount in force 53551508 47858504
Perpetual risks not included above 645895600
Deposit premiums on same 15127941
Recapitulation of
Year
Written
1920 One year or less
1919 Two years
1920 Two years
1918 Three years
1919 Three years
1920 Three years
1917 Four years
1918 Four years
1919 Four years
1920 Four years
1916 Five years
1917 Five years
1918 Five years
1919 Five years
1920 Five years
Over five years
Fire Risks and Premiums
Amount
Covered
20366512
291162
827840
5861775
7610718
12563621
919ns
287295
48510
135701
752729
590712
625011
1165138
2271368
61508
Totals 53551508
Perpetual 6458956
Premiums
Charged
18976583
222148
599318
4599970
6303925
9938575
71555
132192
52927
158133
980299
680377
784804
1460183
2829239
68276
47858504
15127941
Fraction
Unearned
12
14
34
16
12
56
18
38
58
78
110
310
12
710
910
prorata
Totals 60010464 62986445
Premiums
Unearned
9488292
55537
449489
766662
3151963
8282146
8944
495 72
33079
138366
98030
204113
392402
1022128
2546315
50143
26737181
13809561
4054674274
Annual Report
Business in the State of Georgia During 1920
A Fire
Gross risks written S BjPilnrt
Less risks cancelled bo44buul
Net risks written li8300
Gross premiums on risks written i qooqS
Less return premiums 438839
Net premiums received focilt
Losses paid deducting salvage llSbJst
Less losses on risks reinsured in Companies authorized in Oa oiszs
Net losses paid 1 iSHI
Losses incurred jisosid
Less losses on risks reinsured in Companies authorized in Georgia 512124
Net losses incurred 673692
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000
DIXIE FIRE INSURANCE COMPANY
125 South Elm Street Greensboro N C
Harry R Bush President Edward G Michaels Secretary
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 137202112
Extended at
Income
Gross premiums on new business
Gross renewal premiums 1
Deduct amount paid for insurance and return
premiums
137202112
6851818
170705608
67164661
Total premiums 110392965
Interest and rents 7887681
Total income 118280446
Carried forward 2554S2558
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Investment expenses
Expense field men
Traveling expenses
Furniture and fixtures
Maps
Inspections and surveys
Federal taxes
Taxes licenses and fees
Repairs and expenses
15750
992315
133479
735266
50340
10325 98
1756671
1748586
1408837
361
8
246
69
2
15
29
1
03469
57137
87837
17323
94960
63569
94900
32580
7873842
Total disbursements S1425617
Balance 174056941Insurance Department of Georgia
75
Ledger Assets
Book value of real estate
Mortgage loans first Hen
Bonds as book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Philadelphia Fire and Underwriters Assn Deposit
Reinsurance recoverable on paid losses
Deposit American Reinsurance Exchange
Collateral loans
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Rents due and accrued
20894307
44770000
63970202
10550821
90673
4448004
6850387
13703545
10000
2229002
40000
6500000
174056941
1269233
198900
Total assets 175525074
Deduct Assets Not Admitted
Agents balances
Other items
Book value of bonds and stocks over market
Deposit Mut Sav Bank Bennettsvile S C
Total not admitted assets
Total admitted assets
191140
1471298
130440
1792878
173722196
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to polieyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions or other charges due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 50000000
Surplus over all liabilities 34497655
Surplus protection to polieyholders 84497655
Total liabilities 173732196
Business in ForceFire
18495300
65628496
60600
225145
2775000
2050000
89234541
Risks
In force on the 31st day of December 1919 71319509
Written or renewed during the year 184334268
Total 253653777
Deduct those expired and marked off as ter
minated 118457666
In force at the end of the year 135196111
Deduct amount reinsured 19352146
Premiums
94785769
170705608
265491377
121364518
144126859
30674725
Net amount in force
115843965 113452134
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 1932211
Written or renewed during the year 5013914
Total 6946125
Deduct those expired and marked off as ter
minated 5653753
Premiums
6069745
6851818
12921563
905964076 Annual Report
In force at the end of the year 1292372 8 3861923
Net amount in force 1292372 3861923
Business in the State of Georgia During 1920
A Fire
Gross risks written 1JfI5SJ
Less 507484 risks cancelled 507484UU
Xet risks written 70S09200
Gross premiums on risks written 1115o
Less 365138 return premiums cneM
Net premiums received 806456
Losses paid deducting salvage 548169
Xet losses paid gIeJc
Losses incurred 645853
Net losses incurred 645853
Investments in Georgia
Bonds 1009800
Total investments in Georgia 1009800
EAGLE STAR BRITISH DOMINIONS INSURANCE COMPANY ltd
123 William Street New York X Y
Fred S James Co United States Managers
Attorney for Service in GeorgiaA H Turner Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Tornado Automobile
Amount of paidup capital
Ledger assets Dec 31 1919
51000000
269871709
Extended at
Income
Gross premiums on new business
Deduct amount paid for insurance and return
premiums
797191231
266163560
26971709
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Remittance from home office
531 027671
12898776
1683000
69609960
Total income t 615219407
Carried forward 885091116
Disbursements
Net amount paid policvholders for losses 184109099
Legal and administrative expenses in adjustment of claims 2 197637
Commissions and allowances to agents 160494459
Salaries of officers and employes 12305239
Rents and interest 854246
Advertising printing postage telegrams etc 18959375
Loss on sale and decrease by adjustment of assets 315000
Other items
Moving expense 126331
Remittance to home office 4S06310
Total disbursements
Balance
4932641
3S4467696
500623420Insurance Department of Georgia
77
Ledger Assets
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance recoverable on paid losses
Total assets
Deduct Assets Not Admitted
Agents balances 446531
Other items
Book value of stocks and bonds over market
value 3666809
Total not admitted assets
Total admitted assets
451322277
50000
6597416
42653727
500623420
5558121
1175303
507356844
4113340
503243504
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions due agents
Total amount of liabilities except capital
Surplus over all liabilities
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 330 050671
Written or renewed during the year 844398734
30jal r 1174449405
Deduct those expired and marked off as ter
minated 493976859
In force at the end of the year 680472546
Deduct amount reinsured 10l253140
Net amount in force 579219406
Business in ForceMarine and Inland
In force on the 31st day of December 1919
Written or renewed during the year
Total j
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
Risks
243667
17901639
18145306
6508746
11636560
140000
76180210
321984856
491478
4060000
1207779
403924323
99319181
503243504
Premiums
315809257
751500964
1067310221
442487479
624822742
94160116
530662626
Premiums
90228
45690267
45780495
11703190
34077305
500000
Net amount in force
Business in the State of Georgia During 1920
A Fire
Gros risks written 1709519100
Less 5937034 risks cancelled and 2528280
Reinsurance in Companies authorized in
11496560 33577305
Marine and
Inland
7000078 Annual Report
Georgia 846531400
Net risks written 862987700
Gross premiums on risks written 17743699
Less 3920264 return premiums and 2697305
premiums for reinsurance in Companies au
thoorized in Georgia 6617569
Net premiums received 11126130
Losses paid deducting salvage 8016356
Less losses on risks reinsured in Companies au
thorized in Georgia 2429269
Net losses paid 5587087
Losses incurred 8564475
Less losses on risks reinsured in Companies au
thorized in Georgia 2426565
Net losses incurred 6137910
Investments in Georgia
Bonds 1000000
Total investments in Georgia
70000
1925
1000000
EQUITABLE FIRE AND MARINE INSURANCE COMPANY
Room 305 Turks Head Building Providence R I
Fred W Arnold President Samuel G Howe Secretary
Attorney for service in GeorgiaJ R Smith 66 12 N Forsyth Street
Atlanta Ga
Kinds of business done in GeorgiaAll kinds of business permitted by its
Charter
Amount of paidup capital 100000000
Ledger assets Dec 31 1920 243545064
Increase of paidup capital during year 25000000
Extended at 268545064
Income
Gross premiums on new business 471175312
Deduct amount paid for insurance and return
premiums 329369667
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Conscience money 5000
Premium on increase in capital stock 25000000
141805645
11462271
693699
25005000
Total income 178966615
Carried forward 447511679
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Traveling expenses other than field men
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
53985600
521574
2700
44174983
1204S22
192169
64868
7500000
3883759
Insurance Department of Georgia
79
ad
Other items
Furniture and fixtures including rents
repairs to same
Inspections and surveys including under
writers boards and tariff assoc
All taxes
Sundry investment expenses
Real estate repairs and expenses
86586
10000
3553034
10763
112035
Total disbursements
Balance
Mortgage loans first lien
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Other items
Book value of bonds and stocks over market
value 9570198
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscelaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions or other charges due
or accrued 500000
Interest on mortgages collected in advance 66344
Total amount of liabilities except capital
Capital actually paid in cash 1000000 00
Surplus over all liabilities 10771 596
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Risks
363644814
424920758
Total 788565572
Deduct those expired and marked off as termi
nated 294211233
In force at the end of the year 494354339
Deduct amount reinsured 346593469
3772418
115302893
332208786
5860000
244131127
51210111
24474766
6532782
332208786
4127596
336336382
9570198
326766184
29525685
85937559
25000
3000000
566344
119054588
207711596
326766184
Premiums
i 361921377
408883905
770805282
272143936
498661346
356080776
Net amount in force 147760870 14258057080 Annual Report
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 12009317 24649560
Written or renewed during the year 82873500 62291407
Total 94882817 86940967
Deduct those expired and marked off as termi
nated 80495000 59292185

In force at the end of the year 14387817 27648782
Deduct amount reinsured 7798277 19607027
Net amount in force 6589540 8041755
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 454367100 90858100
Less 1406626 risks cancelled and 2099155
reinsurance in Companies authorized in
Georgia 334178600 16399500
Net risks written 120188500 74458600
Gross premiums on risks written 5313728 568446
Less 1171326 return premiums and 2885434
premiums for reinsurance in Companies au
thorized in Georgia 3805252 25150s
Net premiums received 1508476 316938
Losses paid deducting salvage 1336093 144317
Less losses on risks reinsured in Companies au
thorized in Georgia 906741 71136
Net losses paid 429352 73181
Losses incurred 2525817 216615
Less losses on risks reinsured in Companies au
thorized in Georgia 1818495 121156
Net losses incrred 707322 95479
Premiums in ForceMiscellaneous Companies
fn force Dec 31 1919 i 386570937
Written or renewed during year 471175312
Sum 857746249
Deduct ceased to be in force during year 331436121
in force Dec 31 1920 52631012S
Deduct amount reinsured 375687803
Net premiums in force 150622325
Investments in Georgia
Bonds 4000000
Total investments in Georgia 4000000
TEDEBUL INSURANCE COMPAHY
1 Montgomery Street Jersey City N J
Percy Chubb President Saml W King Secretary
Attorney for service in GeorgiaW P Prescott 801 Trust Co of Georgia
Building Atlanta Ga
Kinds of business done in GeorgiaFire Marine and Inland
Amount of paidup capital 100000000
Lodger assets Dec 31 1919 687610128
Extended at 687610128Insurance Department of Georgia
81
Income
Gross premiums on new business 1624188042
Deduct amount paid for insurance and return
premiums 1086305690
Total premiums
Interest and rents
Profits on sale or increase by adjustmnet of assets
Other items
Agents balances previously charged off1
137882352
22331870
S52189
1088231
Total income 562154642
247325991
6702952
170455273
175000
11000
2755366
23000000
6634674
Carried forward 1249764770
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment pf claims
Commissions and allowances to agentsRenewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes 19089556
Loss on exchange 34019306
Translations
Tracings
Premiums on bonds
Audit of books
Stamps and duty
Amount received from reinsurers
Legal expenses excluding legal expenses on
losses i
Field supervisor expenses
Inspections and surveys
Agents balances charged off
66765161
40499
141890
27670
17500
43392
6559442
204514
425621
586627
5609139
Total disbursements 523825417
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Losses due from authorized reinsurers
Losses due from unauthorized reinsurers
32595333
21582224
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 35794574
Other items
Overdue and accrued interest default bond 58333
Book value of bonds and stocks over market
value 33506445
725939353
2600000
437635515
11077268
108644908
11000000
100804105
54177557
725939353
5544185
73148353882
Annual Report
Losses due from unauthorized reinsurers
Total not admitted assets
Total admitted assets
21582224
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscelaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash i ooo ooo no
Surplus over all liabilities 1338 350 09
Surplus protection to policyholders
Total liabilities
Business in ForceFire
90941576
640541962
153154619
213610389
10000000
7441945
22500000
406706953
233835009
640541962
Risks
In force on the 31st day of December 1919 168 768 491
Written or renewed during the year 259618o02
Premiums
154571920
274320089
Total
428386493
Deduct those expired and marked oft as ter
minated 233297359
In force at the end of the year 195089134
Deduct amount reinsured
70021430
Net amount in force 125067 704
Business in ForceMarine and Inland
In force on the 31st day of December 1919 810 481 666
Written or renewed during the year S392365869
al rZZr 9202847535
Deduct those expired and marked off as ter
minated 8214751229
In force at the end of the year 988096306
Deduct amount reinsured 636703977
Net amount in force 351392329
Business in the State of Georgia During 1920
Gross risks written
Less 55500 risks cancelled
Net risks written
A Fire
61123100
5550000
428892009
236002148
192889861
69875344
123014517
Premiums
4S1142372
1349867953
1831010325
1225536493
605473832
345840889
259632943
Marine and
1243927900
55573100 1243927900
Gross premiums on risks written
Less 517841 return premiums
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
6S6956
17841
32S492
69115
328492
1117
19258
1925SInsurance Department of Georgia
83
FIDELITY FIRE INSURANCE COMPANY
125 S Harvin Street Sumter S C
D D Moise President
P Moses Secretary
Attorney for service in GeorgiaWilliam A Wright Atlanta Ga
Kinds of business done in GeorgiaFire
Amount of paidup capital
Ledger assets Dec 31 1919
20000000
50599271
Extended at
Income
Gross premiums on new business 79955075
Deduct amount paid for insurance and return
premiums
27818350
Total premiums
Interest and rents
Profits on sale or increase by adjustment ot assets
50599271
52136725
2088639
217500
54442864
Total income 1
Carried forward 105042135
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsRenewals
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Other items
Legal expense
Durations and miscellaneous expense
Auditing books
Investment expense
Premiums on life insurance
Repairs and taxes on real estate
Furniture and fixtures
Insurance and surveys und boards
Taxes federal
Taxes state county etc
19093019
189652
14130960
3345638
160437
414548
2000000
500
51955
16737
16518
209875
67576
1224
115274
1055963
1183925
Total disbursements
2719542
42053801
Balance

62988334
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Losses due from reinsurance Companies
18
206
211
20
3
2
44
80
84191
37975
02417
00000
78021
62960
86534
71623
4032800
131813
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
4164613
62988334
1071749
776134
6483621784
Annual Report
Agents balances
Total admitted assets
Deduct Assets Not Admitted
237109
237109
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
20000000
9132615
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 26549123
Written or renewed during the year 69448674
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
95997797
47430048
48567749
5172440
Net amount in force 43395309
Business in the State of Georgia During 1920
Gross risks written
Less 5686703 risks cancelled and 3006545 reinsurance
in Companies authorized in Georgia
64599108
5840144
29426349
100000
100000
35466493
29132615
64599108
Premiums
37469547
79955075
117424622
55876193
61548429
9492948
52055481
A Fire
1850237600
8693248
Net risks written
Gross premiums on risks written
Less 7617050 return premiums and 6892091 premiums
for reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies authorized in
Georgia
9S0912800
32564330 14509141
18055189
9530265 2843227
668703S
12919625 11 39994
Net losses incurred
S679631
THE riBELITYPHENIX FIRE INSURANCE COMPANY OP NEW YORK
80 Maiden Lane New York N Y
C R Street President Ernest Sturm Secretary
Attorney for service in GeorgiaA L Waldo Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Tornado Sprinkler
Leakage Inland Marine Ocean Marine Automobile Registered
Mail Riot and Civil Commotion and other insurance
as granted by Charter
Amount of paidup capital 250000000Insurance Department of Georgia
85
Ledger assets Dec 31 1919 2583890437
Extended at 2583890437
Income
Gross premiums on new business 2609131547
Deduct amount paid for insurance and return
premiums 904983396
Total premiums 1
Interest and rents 1
Profits on sale or increase by adjustment of assets
Other items
Income tax withheld at source N Y State 4684
Bills receivable 23991
04148151
37412255
56912513
28675
Total income 1898501594
Carried forward 4482392031
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment
Commissions and allowances to agentsRenewals
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale or decrease by adjustment of assets
Other items
Furniture and fixtures
Maps including corrections
Inspections and surveys
Federal taxes
State county and municipal taxes
Insurance Department licenses and fees
Fire Department fire patrol and salvage
corps assessments fees taxes and expenses
Legal expenses
Agents balances charged off
Income tax withheld at source N Y State
Investment expenses other than real estate
Repairs and expenses on real estate
Taxes on real estate
of claims
2836366
2212596
27256932
24235766
31388698
4578791
4930491
186595
1235728
15247
146633
1493597
110458
686165955
16270784
379526745
15257253
10347460
33209295
75000000
231232300
100627898
Total disbursements 1684952976
Balance S 2797439055
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Bills receivable taken for fire risks
Amount recoverable for reinsurance on un
paid losses
90837789
2905332
48923116
776424800
1471446600
228607
227336292
179336519
93743121
Total ledger assets as per balance No 23 2797439055
NonLedger Assets
Interest due and accrued I
Market value of assets over book value
Other items
12179347
1169325086
Annual Report
Dividend on stock sold Dec 3 1920 exdividend 3 400
shares Southern Pacific Company 510000
510000
Total assets
2821821652
Agents balances
Bills receivable
Deduct Assets Not Admitted
2834262
32640552
Total not admitted assets
35474814
Total admitted assets 27 863 468 3S
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to stockholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions or other charges due
or accrued 61721 35
Income tax withheld at source N Y State 4195
Reserve for contingencies 50000 00
195888222
1675753366
37500000
4825000
42583100
Total amount of liabilities except capital
Capital actually paid in cash 2500 000 00
Surplus over all liabilities 5 686208 20
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
2760931787
2521179564
In force on the 31st day of December 191
Written or renewed during the year
Total 5282111351
Deduct those expired and marked off as ter
minated 1875301625
In force at the end of the year 3406809726
Deduct amount reinsured 567916 559
Net amount in force 2838893167
Business in ForceMarine and Inland
In force on the 31st day of December 1919 87763857
Written or renewed during the year 129400780
Total 217164637
Deduct those expired and marked off as ter
minated 113956005
In force at the end of the year 103208632
Deduct amount reinsured 16523680
Net amount in force 86684952
Business in the State of Georgia During 1920
A Fire
Gross risks written 42999 260 00
Less 13737526 risks cancelled and 17595656
reinsurance in Companies authorized in
Georgia 2007592000
11176330
1967726018
818620820
2786346838
Premiums
2763363177
2339699330
5103062507
1761134556
3341927951
507093723
i 2834834228
Premiums
132574483
269432217
402006700
219169172
182837528
37436883
145400645
Marine and
Inland
1832697400
1125726200Insurance Department of Georgia
87

Xet risks written 2292334000 706971200
Gross premiums on risks written 50023625 3650403
Less 10489367 return premiums and 8258420
premiums for reinsurance in Companies au
thorized in Georgia 17088574
Net premiums received 32935051
11266851
2146031
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Xet losses paid
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
9120820
16768263
3263586
13504677
1659213
1991190
2626671
634710
1991961
2813105
766336
2046769
FIDELITY UNION FIRE INSURANCE COMPANY
Browder and Royal Streets Dallas Texas
J S DeClerg President Geo A Chatfleld Secretary
Amount of paidup capital
Extended at
30000000
Income
Gross premiums on new business
Deduct amount paid for insurance and return
premiums
19614089
6785863
Total premiums
Interest and rents
Other items
Surplus paid in
15000000
30000000
12828226
1396052
15000000
Total income 59224278
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsFirst year
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other Sources
Maps 2i4nn
Inspections
Federal taxes
Insurance Department and premium tax 116989
Legal expenses 180000
Total disbursements
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Deposits at interest
Agents balances net
Other items
59224278
1582911
18795
2565645
1269839
100000
550000
691464
6778654
52445624
37212500
5715000
5213870
4297806Annual Report
Due by other Companies
6448
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
6448
Total assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
30000000
15086208
52445624
943599
53389223
53389223
1459719
6843296
8303015
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
45086208
53389223
In force at the end of the year
Deduct amount reinsured
Risks
17243571
17243571
3850094
13393477
2571415
Net amount in force 10822062
Business in the State of Georgia During 1920
Gross risks written
Less 390000 risks cancelled and 1573500 reinsurance
in Companies authorized in Georgia
Net risks written
Premiums
19614089
19614089
4097261
15516828
3409834
12106994
A Fire
5992500
1963500
Gross premiums on risks written
Less 9400 return premiums and 11585 premiums for re
insurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
40 29000
67894 20985
46909
50000
50000
51000
51000
PIBE ASSOCIATION OP PHILADELPHIA
X W corner Fourth and Walnut Streets Philadelphia Pa
E C Irvin President M G Ganignes Secretary
Attorney for service in GeorgiaW E Chapin Atlanta Ga
Kinds of business done in GeorgiaFire insurance
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 1528494443
Extended at 152S494443
Income
Gross premiums on new business and gross re
newal premiums 165443446Insurance Department of Georgia
89

Deduct amount paid for insurance and return
turn premiums 665274556
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Perpetual deposits
Earned deposits
Agents balances charged off
3568903
1332855
412432
989159850
67289231
256042
5314190
Total income 1062019313
Carried forward 2590513756
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsFirst year and re
newals
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Miscellaneous expenses 26041025
Taxes and fees 54355912
Agents balances charged off 513065
Return deposits 13307536
Real estate expenses 2142659
458516706
7611154
208294938
87691964
8943621
13971532
40000000
819934
Total disbursements
Balance
96360197
922210046
1668303710
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loan
60390758
369966166
916957588
36224303
2241650
96432510
10888106
164187631
11015000

Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due on paid losses
8795745
Total assets
Deduct Assets Not Admitted
Agents balances 1745513
Other items
Companys stock owned 896000
Book value bonds and stocks over market
11015000
1668303710
20065071
8795745
169716452690
Annual Report
value
Total not admitted assets
Total admitted assets
74545441
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 100000000
Surplus over all liabilities 393771357
Surplus protection to policjholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 149627077
Written or renewed during the year 156361049
Total 3059881273
Deduct those expired and marked off as ter
minated 1242881057
In force at the end of the year
Deduct amount reinsured
1817000216
349154803
7718695 1
1619977572
137610980
948114916
6168163
34312156
1126206215
493771357
1619977572
Premiums
1529998783
1496804611
3026803394
1256805251
1769998143
311876154
Net amount in force 1467845413 14581219S9
Business in ForceMarine and Inland
Risks
In force on the 31st clay of December 1919
Written or renewed during the year
36526059
355761340
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
Net amount in force
Premiums
41398793
157629795
199028588
127916S14
71111774
10018937
702711 61092837
3922S7399
353741871
38545525
10842S14
Business in the State of Georgia During 1920
A Fire
Gross risks written 4271537100
Less 12871888 risks cancelled and 9024281
reinsurance on Companies authorized in
Georgia 2152290600
Marine and
Inland
95580500
37326300
Net risks written 2119246500 5S254200
Gross premiums on risks written
Less 12133332 return prems and 13712826
premiums for insurance in Companies au
thorized in Georgia
55966325
25171577
21424
674581
Net premiums received 30794748
Losses paid deducting salvage
Less losses on risks reinsuretd in Companies au
thorized in Georgia
Net losses paid
Losses incurred
1467896
12 79493 6019
12 73474
19504155
133386SInsurance Department of Georgia
91
Less loses on risks reinsured in Companies au
thorized in Georgia
Net losses incured
5551667
6019
1327849
J B
PIREMANS FUND INSURANCE COMPANY
401 California Street San Francisco Cal
Levison President H P Blanchard
Secretary
Amount of paidup capital
Ledger assets Dec 31 1919
Increase of paidup capital during year
300000000
2088076052
150000000
Extended at
Income
Gross premiums on new business 3523147790
Deduct amount paid for insurance and return
premiums 1626995544
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Cash surplus paid in by stockholders
Total income
2238076052
1896152246
85582636
1133020
75000000
I 2057867902
Disbursements
Carried forward
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Field supervisory expenses
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Agents balances 1963012
Furniture and fixtures and maps 12606315
Inspections and surveys 23794577
Taxes licenses and fees 65962616
Legal expenses 824255 real estate expense
2953993 3778248
Exchange donations legal expense invest
expense 16312795
4295943954
999288748
18226522
63096643
364865485
97032730
8667287
37800066
63000000
894689
123593308
Total disbursements 1770465478
Balance 2519478476
Ledger Assets
Book value of real estate 63304052
Mortgage loans first lien 223242333
Bonds at book value 1329084986
Stocks at book value 84427600
Cash in office 1692453
Deposits at interest 337143589
Deposits not at interest 10096448
Agents balances net 400771282
Other items
Bills receivable Marine and Inland 4140655
Bills receivable Fire 30009629
34150284
Total ledger assets as per balance Xo 23 251947847692
Annual Report
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 32546863
Bills receivable 4947455
Other items
Loans schedule C part 1 62500
Overdue interest 4719500
Book values over market values 74889422
1883987
23433330
2542911806
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Reserve for unpaid liability losses 170000
Total amount of liabilities except capital
Capital actually paid in cash 300000000
Surplus over all liabilities 519207516
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 1588843655
Written or renewed during the year 1699498112
Total 3288341767
Deduct those expired and marked off as ter
minated 1268468176
In force at the end of the year 455756366
Deduct amount reinsured 477531981
Net amount in force1542341610
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 398770961
Written or renewed during the year 5032423383
Excess of original premiums over amount re
received for reinsurance
Total 1i 5431194341
Deduct those expired and marked off as ter
minated 4975437978
In force at the end of the year
Deduct amount reinsured
455756366
174871531
Net amount in force 280884835
Business in the State of Georgia During 1920
A Fire
Gross risks written 4192S16000
Less 11153818 risks cancelled and 141562 17
81555409
119049727
2423S62079
322446938
1235987625
11050000
35000000
170000
1604654563
819207516
2423862079
Premiums
1700642959
1662119816
3362762775
1290070043
918777953
414862270
1657830462
Premiums
750423820
186102797 t
37996870
2619 148664
1730670711
918777953
28619673
632581220
Marine and
Inland
3679113700Insurance Department of Georgia 93
reinsurance in Companies authorized in
Georgia 2294616700 236389S00
Net risks written 1898199300 3442723900
Gross premiums on risks written 58601730 9289830
Less return premiums for reinsurance in Com
panies authorized in Georgia 28137079 2490036
Net premiums received 30464651 6799794
Losses paid deducting salvage 13652346 7015365
Less losses on risks reinsured in Companies au
thorized in Georgia 3176611 748562
Net losses paid 10475735 6266803
Losses incurred 14447603 7456564
Less losses on risks reinsured in Companies au
thorized in Georgia 3705302 748858
Net losses incurred 10742301 6707706
FIREMENS INSURANCE COMPANY
780786 Broad Street Newark N J
Daniel H Dunham President A H Hassinger Secretary
Attorney for service in GeorgiaA L Brooks Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Automobile Registered
Mail Marine and Inland
Amount of paidup capital 125000000
Ledger assets Dec 31 1919 789219962
Extended at 789219962
Income
Gross premiums on new business 970547180
Deduct amount paid for insurance and return pre
miums 394120646
Total premiums 576426534
Interest and rents 47342850
Profits on sale or increase by adjustment of assets 13300079
Other items
National Newark Banking Co in liquidation 240000
From agents balances previously charged off 5878
245878
Total income 637315341
Carried forward 1426535303
Disbursements
Net amount paid policyholders for losses 269421774
Legal and administrative expenses in adjustment of claims 6403133
Commissions and allowances to agentsRenewals 129171054
Salaries of officers and employes 33501740
Rents and interest 3171793
Advertising printing postage telegrams etc 76120 33
Paid policyholders for dividends 30000000
Loss on sale and decrease by adjustment of assets 66109150
Other items
Taxes licenses and fees 30210099
Furniture and fixtures including rents of and
repairs 1729865
Maps including corrections 885763
Inspections and surveys 11068193
Legal expenses 338434
Agents balances charged off 251466
Real estate expenses 9905509
Miscellaneous 26846994
Annual Report
Field supervisory expenses
15386347
70044145
Total disbursements 615434822
Balance 811100481
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Bills receivable taken for fire risks
403657
Total ledger assets
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance recoverable on paid losses
756211
Total assets
Deduct Assets Not Admitted
107412963
202385000
245784666
126800000
634517
31110153
96569525
403657
811100481
5459542
151445491
7562186
975567700
Agents balances
2250805
Total assets not admitted 2250805
Total admitted assets 973316895
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Principal unpaid on scrip 232604
Home office commissions due brokers 692288
982714 12
519107977
4500000
16835406
Total amount of liabilities except capital
Capital actually paid in cash
125000000
924892
639642687
Surplus over all liabilities
Surplus protection to policyholders
208674208
333674208
Total liabilities 973316895
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 1047184508 1068771354
Written or renewed during the year 859983623 859628076
1928399430
711868243
12165311 87
296151828
920379359
Total 1907168131
Deduct those expired and marked off as terminated 702868911
In force at the end of the year 1204299210
Deduct amount reinsured 276016883
Net amount in force 928282327Insurance Department of Georgia
Business in ForceMarine and Inland
In force on the 31st day of December 1919 21261664
Written or renewed during the year 479910545
Total 501172209
Deduct those expired and marked off as terminated 453730967
In force at the end of the year 47441242
Deduct amount reinsured 14158922
Net amount in force 33282320
Business in the State of Georgia During 1920
A Fire
Gross risks written 1139330700
Less 4650332 risks cancelled and 1066669 re
insurance in Companies authorized in Georgia 506246300
Net risks written 633084400
Gross premiums on risks written 13239263
Less 3100651 return premiums and 1347391 pre
miums for reinsurance in Companies authorized
in Georgia 3744234
Net premiums received 9495029
Dosses paid deducting salvage 2407291
Dess losses on risks reinsured in Companies au
thorized in Georgia 145469
Net losses paid 2261822
Losses incurred 3977738
Less losses on risks reinsured in Companies au
thorized in Georgia 154410
Net losses incurred 3823328
95
Premiums
48541196
110919104
159460300
105850282
53610018
6138506
47471512
Marine and
Inland
480619900
65453800
415166100
2746114
703808
2042306
1933706

1933706
1576306

1576306
FITCHBURG MUTUAL FIRE INSURANCE COMPANY
781 Main Street Fitchburg Mass
Lincoln R Welsh President Frederick W Porter Secretary
Kinds of business done in GeorgiaFire
Ledger assets Dec 31 1919 37510221
Extended at 37510221
Income
Gross premiums on new business 77353556
Deduct amount paid for insurance and return pre
miums 20499898
Total premiums 56853658
Interest and rents 2333950
Total income 59187608
Carried forward 96697829
Disbursements
Net amount paid policyholders for losses 17744473
Legal and administrative expenses in adjustment of claims 359065
Commissions and allowances to agents 1io
Salaries of officers and employes J058460
Rents and interest ittl
Advertising printing postage telegrams etc IH
Paid policyholders for dividends 7I
Loss on sale and decrease by adjustment of assets 100000
I96 Annual Report
Other items
Investment expense 9375
Field supervisory expenses 4 79788
Furniture and fixtures 846 94
Maps 97740
Inspections 4 814 53
Taxes licenses and fees 14712 81
Agents balances go go
Real estate expenses 5 28309
3158720
Total disbursements 42999427
Balance Z Q1
o3G98402
Ledger Assets
Book value of real estate K nnn nr
Bonds at book value 9ko S
Stocks at book value qSsqoIn
Cash in office 907
Deposits at interest t Q
Agents balances net 5501268
Total ledger assets as per balance No 23 536 984 02
NonLedger Assets
Interest due and accrued t
Schedule B 1I l7495I 4947
149563
Total assets l54l
Deduct Assets Not Admitted
Book value of bonds and stocks over market value 1071455
Total not admitted assets
1011400
Total admitted assets 532669 87
Liabilities
Net amount of unpaid losses and claims 32 910 43
Reserves or unearned premiums on risks outstanding 52ql70Rfl
Dividends to policyholders declared but unpaid 2 73787
Salaries and miscellaneous accounts due or accrued t inn nn
laxes due or accrued 1000000
Total amount of liabilities except capital 70 Z
Surplus over all liabilities 154764877 iMM
Surplus protection to policyholders 154 048
Total liabilities 53266987
Business in ForceFire
In force on the 31st day of December 1919 ui322 SSiSSZ
Written or renewed during the year UzUlUt 7B698142
Deduct thoseixpiredandmarked offastermrnated 1426582oi HUMiiS
In force at the end of the year1 50 44 q1 7a
Deduct amount reinsured Sj3oS uZ8M
Net amount in force 42811516 61645122
Business in ForceMarine and Inland
In force on the 31st day of December 1919 RiSkS Premiums
Written or renewed during the yearI lilm l76047l4
Total t
547280 1760414Insurance Department of Georgia
Deduct those expired and marked off as terminated 59285
In force at the end of the year dSo nnn
Deduct amount reinsured JZZZZ 139915
Net amount in force m
Business in the State of Georgia During 1920
Gross risks written
Less 34000 risks cancelled and 7133 reinsurance
in Companies authorized in Georgia
Net risks written
Gross premiums on risks written
Less 18474 return premiums and 4541 premiums for re
insurance authorized in Georgia
Net premiums received
Losses paid deducting salvage
Net loses paid
Losses incurred
Net losses incurred
97
254490
1505924 283766
1222158 A Fire 51213000 4113300
47099700
3150713 23015
3127698
2428
2428
4428
4428
THE PRANKXIN FIRE INSURANCE COMPANY OP PHILADELPHIA
421 Walnut Street Philadelphia Pa
Elbridge Y Snow President Charles D Tyner Secretary
Attorney for service in GeorgiaCfaas W Phillips Atlanta Ge0retary
Kinds of business done in GeorgiaFire and Marine Insurance
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 553507788
Extended at
Income
Gross premiums on new business 12 991 346 25
Gross renewal premiums 3i3g3i4
Deduct amount paid for insurance and return pre
miums 987424671
553507788
Total premiums
Interest and rents 28zo
Profits on sale or increase by adjustment of assets 32950864
Total income
Carried forward
372279175
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employesZ
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale or decrease by adjustment of assetsI
Other items
Federal taxes
Deposit items received on perpetual risks
8271709
6516146
925786963
110297685
3072887
88833586
9336265
314811
1115077
18000000
16613070
14787855
Total disbursements
Balance
262371236
66341572798 Annual Report
Ledger Assets
13144681
Book value of real estate v g 500 00
Mortgage loans first lien 4 873 246 32
Bonds at book value 309361 85
Stocks at book value 352s5921
Deposits at interest qfiqiuqoR
Agents balances net 96364308
Total ledger assets 663415727
NonLedger Assets
Interest due and accrued J73457J3
670761440
Total assets
Deduct Assets Not Admitted
Agents balances
Other items Kn
Book value of real estate over market value
Book value bonds and stocks over market value 358435bl
Total not admitted assets 36033918
Total admitted assets 634727522
Liabilities
Net amount of unpaid losses and claims SSSm
Reserves or unearned premiums on risks outstanding A545Uolb
Salaries and miscellaneous accounts due or accrued ooooo
Taxes due or accrued 50uuuuu
FundVeld under reinsurance treaties unpaid reinsurance
premiums
Total amount of liabilities except capital 426794841
Capital actually paid in cash in rri
Surplus over all liabilities l07J3b81
Surplus protection to policyholders 207932681
Total liabilities 634727522
Business in ForceFire
Risks Premiums
Tn force the 31st day of December 1919 831955466 789542600
Written or renewed during the year V26790859 846031122
Tota 1558746325 1635573722
Deduct thoseexpired and marked off as terminated 393974225 567953922
Tn force at the end of the year 1164772100 1067619800
Deduct reinsurance permitted by laws of this state 812260068 787405300
Net amount in force 352512032 280214500
Business in ForceMarine and Inland
Risks Premiums
In force the 31st day of December 1919 43815961 96712000
Written or renewed during the year 514470921 453103503
Total 558286882 549815503
Deduct those expired and marked off as terminated 483510951 382233003
In force at the end of the year 74775931 167582500
Deduct reinsurance permitted by laws of this State 42231145 79004900
Net amount in force 32544786 88577600
Perpetual risks not included above 24399880 Deposit premiums on
same 492 3051
Business in the State of Georgia during 1920
A Fire Marine and
Inland
Gross risks written 1226052000 10747000Insurance Department of Georgia 99
Less 2171056 risks cancelled 214306100 2799500
Net risks written 1011745900 TMTsToo
Gross premiums on risks written 116 977 75 S qqa
Less 1922738 return premiums I 1834209 JI5 jj
Net premiums received 9863566 20995s
Losses paid deducting salvage 3164496 339305
Net losses paid 3164496 3T39I05
Losses incurred 4340325 JwZoi
Net losses incurred 4340325 SJsTos
THE GEORGIA HOME INSURANCE COMPANY
1046 Broad Street Columbus Ga
Rhodes Browne President Dana Blackmar Secretary
Attorney for service in GeorgiaHoward Pattillo Atlanta Ga
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capital
Ledger assets Dec 31 1919
Extended at
20000000
72607480
Income
Gross premiums on new business
Deduct amount paid for insurance and return
premiums
75791673
42969781
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Increase in liabilities during the year on ac
count of reinsurance treaties
From agents balances previously charged off
Borrowed money
Total income
Carried forward
Disbursements
72607480
32821892
4072991
1665912
10590
6326
12400000
50977711
123585191
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes including special agents
expense
Rents and interest
Advertising printing postage telegrams etc I
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes and fees
Underwriters Boards
Maps furniture and fixtures and miscellaneous
Building expenses and taxes
Legal expense 8720 agents balances charged off 2902
Borrowed money repaid
Total disbursements 5
Balance
17535368
283253
7576989
4317454
360802
1091136
1600000
283900
2381587
544928
586922
962866
11622
8200000
45736827
77848364100
Annual Report
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Due from reinsuring Companies
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Book value of assets over market value
Total not admitted assets
Total admitted assets
24598
1401888
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Due reinsuring Companies
Borrowed money
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
20000000
16668351
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Risks
60937168
65213054
Total 126150222
Deduct those expired and marked oft as ter
61bl00b7
64540155
26465806
initiated
In force at the end of the year
Deduct amount reinsured
Net amount in force 38074349
Business in the State of Georgia During 1920
dross risks written Vr
Less 160723900 risks cancelled and 245486400 rein
surance in Companies authorized in Georgia
S500000
5684002
29382500
14957000
2616881
819682
2598392
10156370
2060000
1073537
77848364
213160
1500000
79561524
1426486
78135038
4955280
25903423
750000
1957984
7900000
41466687
36668351
78135038
Premiums
76585071
75791673
152376744
70017763
82358981
33498917
48860064
A Fire
647282900
Net risks written
Gross premiums on risks written
Less 1376760 return premiums and 3798032 premiums
for reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
4060 i0300
2412 72600
t 90 51 i7700 74792
s 3SS290S
284223bInsurance Department of Georgia
LeGlorg1eS n rSkS reinsured in Companies authorized in
Net losses paid
Losses incurred
Geor iaSSeS 0 SkS reinsured in Companies authorizedln
Net losses incurred
r Investments in Georgia
Bonds6 10000000
Mortgage loans ZYSZZ en
Collateral loans Illin loelooo
Total investments in Georgia
101
1193997
1648236
3173787
1440375
1733412
34758965
GIBABD FIRE AND MARINE INSURANCE COMPANY
502 Walnut Street Philadelphia Pa
Henry M Gratz President Davis G Vaughan Secretarv
Attorney for service m GeorgiaA L BrooksAtlanta Ga
Kinds of business done in GeorgiaFire Tornado and Automobile
Amount of paidup capital
Ledger assets Dec 31 1919
Extended at
50000000
325744687
Income
Gross premiums on new business
Deduct amount paid for insurance and return
premiums
314872084
141324300
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Deposit premiums on perpetual risks
Assignment fees from perpetual deposits
Perpetual reinsurance deposit returned
Conscience money
From agents balances previously charged off
325744687
173547784
14631544
3416535
131498
90000
19125
4500
25689
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agentsRenewals
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures including rent of and
repair of same
Feld supervisory expenses
Maps including corrections
Inspections and surveys including under
writers boards and tariff association
Federal taxes and other taxes
Legal expenses including legal expenses in
losses 6g 18
Miscellaneous 270955
463136
5083008
354562
3898746
9826136
970812
192566675
518311362
73931876
1614756
40217764
10715950
1563500
2616815
6000000
1655090
102
Annual Report
Deposit premiums returned on perpetual risks 5569926
Total disbursements
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Loans secured by pledge of bonds stocks or
other collateral per schedule C 3
Bills receivable taken for fire risks
Philadelphia Underwriters Assn deposit
200000
137450
20000
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance recoverable on paid losses
32761S5
Total assets
254732S7
163789038
354522324
S790000
264960000
41370000
168720
8091931
30784223
357450
354522324
3051610
3276185
360850ii9
Deduct Assets Not Admitted
Agents balances
Other items
Book value of bonds and stocks over market
value
1367481
36325600
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
50000000
17484163
37693081
323157038
20294013
229578862
1400000
4400000
255672875
Business in ForceFire
Risks
In force on the 31st day of December 1919 406471171
Written or renewed during the year 306958711
Tota 713429S88
Deduct those expired and marked off as ter
minated 2376S462S
In force at the end of the year 475745260
Deduct amount reinsured 105943946
Net amount in force 369801314
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 5247327
67484163
323157038
Premiums
3S2002561
299992065
681994626
232743980
449250646
112900545
336350101
Premiums
7975058Insurance Department of Georgia
Written or renewed during the year 10750809
T11 rVvT 15998136
Deduct those expired and marked off as ter
minated 7576626
In force at the end of the year 8421 510
Deduct amount reinsured 8 421 510
Net amount in force
Perpetual risks not included above
Deposit premiums on same
Business in the State of Georgia During 1920
A Fire
Gross risks written 5 429 571 00
Less 2226374 risks cancelled and 673682 re
insurance in Companies authorized in Georgia 278147400
Net risks written 2648097 00
Gross premiums on risks written 62850 25
Less 1236868 return premiums and 833380
premiums for reinsurance in Companies au
thorized in Georgia lg 42977
Net premiums received 4442048
Losses paid deducting salvage 16326 88
Less losses on risks reinsured in Companies au
thorized in Georgia 9459
Net losses paid 1623229
Losses incurred 1883062
Less losses on risks reinsured in Companies au
thorized in Georgia 36046
Net losses incurred 1847016
103
14880019
22855077
11363437
11491640
11491640
23961479
49230088
Marine and
Inland
11858200
11858200
227271
227271

259195
259195
f
260695
260695
GLENS FALLS INSURANCE COMPANY
Glens Falls N Y
E W West President F M Smalley Secreta v
Kinds of business done in GeorgiaFire Lightning Tornado Marine
Automobile Riot and Civil Commotion and Sprinkler Ltakage
Amount of paidup capital 1000 100 00
Ledger assets Dec 31 1919 92474518 4
Extended at 9247459 S4
Income
Gross premiums on new business 1141338682
Deduct amount paid for insurance and return
premiums 500741871
Total premiums 640596811
Interest and rents 455 291 84
Profits on sale or increase by adjustment of assets 107 4 15 5
Other items
Agents balances previously charged off 3465
34 65
Total income 6968740 55
Carried forward 1621520039
Disbursements
Net amount paid policyholders for losses 311251163
Legal and administrative expenses in adjustment of claims li505307104
Annual Report
Commissions and allowances to agents
Salaries of officers and employes
Bents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes and real estate
Legal expenses including legal expenses on
losses
Agents balances charged off
Decrease in liabilities during the year on ac
count of reinsurance treaties
27729078
464921
7647
462856
152448159
41256355
2390376
29488772
21000000
19402080
Total disbursements
Balance
Ledger Assets
Book value and real estate
Mortgage loans first lien 173077760
Other than first lien 550000
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Loans secured by pledge of bonds stocks or
other collateral j
Bank acceptances
935424
622107214
999212825
22640655
173627760
491486400
125713200
93174
342551
54713399
96785353
7319250
23491083
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Bents due or accrued
Beinsurance due on losses paid
2250
5989766
30810333
999212825
7680217
5992016
Total assets 1012SS5058
Deduct Assets Not Admitted
Agents balances 2284076
Other items
Book value of other ledger assets over market
value viz Mortgage other than first lien 550000
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Beserves or unearned premiums on risks outstandingI
Dividends to stockholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Funds held under reinsurance treaties 1416 95
Beserve for contingencies 30ooOooo
28S4076
1010050982
102434912
482660394
6000000
1000000
16500000
30141695
Total amount of liabilities except capital 638737001Insurance Department of Georgia 105
Capital actually paid in cash i nan nnn nn
Surplus over all liabilities II lMSim
Surplus protection to policyholders 3713 139 81
Total liabilities 101005o7m
Business in ForceFire
T icjicQ TTOTYl 111 TT1
In force on the 31st day of December 1919 1017028792 8614 281 82
Written or renewed during the year 1108631384 874066898
Dtt5iS5Sat1MM017 ri735485080
minated 882391076 677709198
In force at the end of the year 1243269100 10577 758 82
Deduct amount reinsured 370882396 SMOieM
Net amount in force l 872386704 767174230
Business in ForceMarine and Inland
x Risks Premiums
In torce on the 31st day of December 1919 59416176 1 338 889 74
Written or renewed during the year 175754524 2672317is4
nlrvrr 235170700 40117075s
Deduct those expired and marked off as ter
minated 149574861 270150434
In force at the end of the year 85595839 131020324
Deduct amount reinsured 3616581 5510628
Net amount in force 81979258 125509696
Business in the State of Georgia During 1920
A Fire Marine and
Gross risks written 18 oco 9 0 i ai
Less 6012982 risks cancelled iid JBTsMil 4682941
reinsurance in Companies authorized in
Georgia 9369133 2479540
Net risks written 8883120 2203401
fltT neiUQTS SkS wFitten 12876122 59769
Less 3055494 return premiums and 5720486
premiums for reinsurance in Companies au
thorized in Georgia 5417842 3358138
Net premiums received 7458280 2341631
Losses paid deducting salvage 44230 44 i 896 tT
Less losses on risks reinsured in Companies au
thorized in Georgia 16 47 12
Net losses paid 2738332 189671
Losses incurred 54 552 44 2 fiqfi
Less losses on risks reinsured in Companies au
thorized in Georgia 16 847 12
Net losses incurred 3770532 269671
GLOBE RUTGERS PIRE INSURANCE COMPANY
Ill William Street New York N Y
E C Jameson President j H Mulvehill Secretary
Amount of paidup capital 700 000 00
Ledger assets Dec 31 1919 3259614871
Extended at 3259614871106
Annual Report
Income
Gross premiums on new business 2852854137
Gross renewal premiums 1038009123
Deduct amount paid for insurance and return
premiums 1346653416
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Mercantile Natl Bank in liquidation 13500
Borrowed money gross 214S47200
2544209S44
177874783
5203979
214S6090O
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 29047S667
b Renewal 137549806
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Paid stockholders for dividends
Real estate expenses
Interest on borrowed money
Field supervisory expenses
Furniture and fixtures
Maps including corrections
Inspections and Surveys etc
Federal taxes
Taxes licenses and fees
Legal expenses
2942149306
6201764177
1311280218
23352070
42S028473
66014235
2549986
8676982
195884433
42000000
305570
37367553
4651229
3101268
1175770
1SI93S30
29635177
29759300
932736
Total disbursements
Balance
167422433
2203208830
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Agents balances net
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance recoverable on paid losses 814o0S7
3998555347
314S000O
2078329377
1105580674
1162609
637909101
3998555347
34006111
270324702
Total assets
Deduct Assets Not Admitted
Agents balances 5 310S76S1
Total not admitted assets
Total admitted assets
81460S7
4307625136
310876 81
4276537455Insurance Department of Georgia
107
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions or other charges due
or accrued
Due and to become due on borrowed money
Reserve or depreciation of securities
20507425
477000000
200000000
595847500
1659376416
1671925
116000000
697507425
Total amount of liabilities except capital
Capital actually paid in cash 700 000 00
Surplus over all liabilities 1136131189
Surplus protection to policyholders
Total liabilities
307040626G
1206131189
Recapitulation of Fire Risks and Premiums
43765374
Year
Written
1920
1919
1920
1918
1919
1920
1917
1918
1919
1920
1916
1917
1918
1919
1920
5
5
5
5
Over
Term
year or less
years
years
years
years
years
years
years
years
years
years
years
years
years
years
5 years
Amount
Covered
1575441474
4656753
5948143
104234091
167065495
265699756
303554
430852
113251
382170
15718307
18040406
20740259
33227722
31228657
773749
Premiums
Charged
1743736393
7971948
6209958
123692581
240148174
307763500
134766
284220
195357
430326
19523839
23442400
24487598
34674678
42710404
648768
Fraction
Unearned
12
14
34
16
12
56
18
38
58
78
110
310
12
710
910
pro rata
Premiums
Unearned
871868197
1992979
4657470
20315430
120074087
256469583
16846
106583
122098
376535
1952384
7032720
12243799
24272275
38439363
421699
Totals 2244004639 2576054880
Business in the State of Georgia During 1920
Gross risks written
Less 7527276 risks cancelled and 175000 reinsurance in
Companies authorized in Georgia
Net risks written
Gross premiums on risks written
Less 7953522 return premiums and 105675 premiums for
reinsurance in Companies authorized in Georgia
Net premiums received
1360662048
A Fire
30851691
7702276
23149415
43204521
8059197
35145324
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized
Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies authorizedin
Georgia
Net losses incurred
Investments in Georgia
BondsDawson Ga Water Works
21915480
428594
21486886
25722525
1553594
24168931
700000108
Annual Report
GREAT AMERICAN INSURANCE COMPANY
No 1 Liberty Street New York City N Y
Charles G Smith President Edwin M Cragiri Secretary
Attorney for service in GeorgiaHarry E Parker Atlanta ua
Kinds of business done in GeorgiaFire and Marine
Amount of paidup capital US
Ledger assets Dec 31 1919 3Hnnnnn
Increase of paidup capital during year 500000000
Extended at 8 4238844066
Income
Gross premiums on new business 353049412
Deduct amount paid for insurance and return
premiums 1426175868
Total premiums ootlolo
Interest and rents Af
Profits on sale or increase by adjustment ot assets o6iobKsv
Other items
Premiums collected on business placed with
other Companies 369450
Premiums on United States funds transferred
to Canada 12919
Received from Erie R R Co in consideration
of extension to Sept 1 1930 of 15000000
first consolidated 7 per cent bonds due 1920 150000
From agents balances previously charged off 358509
1250878
Total income 2405495187
Carried forward 6644339253
Disbursements
Net amount paid policyholders for losses HSS
Legal and administrative expenses in adjustment of claims 17197 16b
Commissions and allowances to agents
Salaries of officers and employes SsmiVfi
Rents and interest oan
Advertising printing postage telegrams etc
Paid stockholders for dividends rSSHS
Loss on sale and decrease by adjustment of assets l78uai
Other items
Furniture and fixtures i focr I
Maps and corrections joVnoaot
Inspections and surveys ii2 Ho
Federal taxes llltAi
Taxes licenses and fees 53457b5i
Legal expenses excluding legal expenses on
losses 1277844
Agents balances charged off 125660
Premiums on business placed with other Com
panies 858927
Interest for one day on deferred payment of
securieies purchased 22449
Real estate expenses repairs and expense and
taxps 17773924
taxes 153968081
Total disbursements 2162893129
Balance 44S1446124
Ledger Assets
Mortgage loans first lien 97 i iln5ns2
Bonds at book value HJSMn2i
Stocks at book value 133
Cash in office 9 inoX
Deposits at interest koqmoi
Deposits not at interest biInsurance Department of Georgia
Agents balances net
Other items
Bills receivable taken for Are risks 17441672
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Recoverable for reinsurance on paid losses S
8822240
Total assets
Deduct Assets Not Admitted
109
290789064
17441672
4481446124
32156970
8822240
4522425334
Agents balances
Bills receivable slqnii
Other items
Book value of bonds and stocks over market
value
430219831
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions 100 000 00
Premiums due business placed with other
Companies 36 294 50
Due reinsurance Companies for salvage 7 54168
Total amount of liabilities except capital
Capital actually paid in cash 10 000 000 00
Surplus over all liabilities 1001390614
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force the 31st day of December 19193483 636 182
Written or renewed during the year 3 739 743990
Excess of original premiums over amount re
ceived for reinsurance
Total
437034125
4085391209
302742676
1717198496
4675805
45000000
14383618
2084000595
2001390614
4085391209
Premiums
3198716090
3154232772
69921256
Deduct those expired and marked off as ter
7223380102
minated
2766537291
In force at the end of the year 4 456 843 811
Deduct amount reinsured 1112116 SSI
Net amount in force 3344736930
Business in ForceMarine and Inland
In force on the 31st day of December 1919 59 266 500
Written or renewed during the year 250215o35
Excess of original premiums over amount re
ceived for reinsurance
6422870IS
2629480603
379338915
788466683
30049228 32
Premiums
111607243
418816640
15007716
Total
309481535 545431599110 Annual Report
Deduct those expired and marked off as ter
minated 18774621
In force at the end of the year VHnofc
Deduct amount reinsured 1194394b
Net amount in force 109791377
Business in the State of Georgia During 1920
A Fire
Gross risks written 3453263100
Less 9903822 risks cancelled and 582109
reinsurance in Companies authorized in
Georgia 1489973700
Net risks written 1963289400
Gross premiums on risks written 34200193
Less 6583232 return premiums and 4889032
premiums for reinsurance in Companies au
thorized in Georgia 10615453
Net premiums received 23584840
Losses paid deducting salvage 11146391
Less losses on risks reinsured in Companies au
thorized in Georgia 2088566
Net losses paid 905782a
Losses incurred 11289591
Less losses on risks reinsured in Companies au
thorized in Georgia 1977166
Net losses incurred 9312425
320223936
225207683
29592051
195615632
Marine and
Inland
620376800
82516400
537860400
4764684
856911
3907773
2594798 41769
2553029
3166498 43269
3123229
THE GREAT SOUTHER FIRE INSURANCE COMPANY
No 178 Auburn Avenue Atlanta Ga
W C Thomas President L A Townsley Secretary
Attorney for service in GeorgiaA T Walden 178 Auburn Ave Atlanta Ga
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capital 10000000
Ledger assets October 1st 1919 14212508
Extended at 142125OS
Income
Gross premiums on new business 71289
Deduct amount paid for insurance and return
premiums 0
Total premiums I1J
Interest and rents li2il
Other Sources
Policy fees iII
Cancellation fees i
1980
Total income 90410
Carried forward 14302918
Disbursements
Commissions and allowances to agents iltll
Salaries of officers and employes lln
Rents and interest olnE
Advertising printing postage telegrams etc ltb71
Insurance Department of Georgia
Other items
Feld supervision expenses
Insurance departments
Maps
Legal expenses
Miscellaneous items
6645
41935
21000
2500
247490
Total disbursements
Balance
Ledger Assets
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Furniture and fixtures
Great Southern Fire Syndicate
118591
300000
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
Deduct Assets Not Admitted
Other items
Furniture and fixtures
118591
Total not admitted assets
Total admitted assets
Liabilities
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
10000000
3523854
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
111
319570
834214
1346
04
Bisks
17450000
17450000
3740000
9300750
1111321
412061
2217560
8421
418591
13468704
98329
133765
13700798
118591
13582207
33353
25000
2500
58353
13523854
13582207
Premiums
71199
71199
4494
In force at the end of the year
Net amount in force
13710000
13710000
66705
66705
Business in the State of Georgia During 1920
Gross risks written
Less 37400 risks cancelled
Net risks written
Gross premiums on risks written
A Fire
17450000
3740000
13710000
71199112
Annual Report
Less 4494 return premiums
Net premiums received
4494
66705
THE HANOVER TIRE INSURANCE COMPANY
Nos 34 and 36 Pine Street New York N Y
R Emory Warfield President E SJarvis Secretary
Attorney for service in GeorgiaJ L Skinner Atlanta ba
Kinds of busines done in GeorgiaFire Lightning Tornado Marine and
Other Branches of Insurance Provided for in Its Charter
Amount of paidup capital i2S2S2S
Ledger assets Dec 31 1919 6378i8113
Extended at
Income
Gross premiums on new business 774320234
Deduct amount paid for insurance and return
01090000
premiums
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Profit and loss
Reinsurance treaties
7676
147325
637828113
456630196
33972309
1099800
155001
Total income
491857366
Carried forward 1129685479
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Salaries and expenses of field men
Taxes
Office furniture
Inspections and surveys
Maps
Miscellaneous
Legal expenses and profit and loss
Real estate expenses
201200061
13163591
105133385
26360331
3876772
6827009
10000000
35586774
12300975
20962675
692216
10625134
680117
2151350
198137
6958132
54569136
disbursements 456716659
Total
Balance
Ledger Assets
Book value of real estate
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Call loan 40261500
672968820
90795606
274234019
172809205
767187
17878967
194413
75861272
Insurance Department of Georgia
113
Reinsurance treaties
166651
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Unpaid reinsurance on paid losses
Total assets
Agents balances
Total not admitted assets
Deduct Assets Not Admitted
288442
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to stockholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Reinsurance treaties 166651
Rents paid in advance 665513
Total amount of liabilities except capital
Capital actually paid in cash 100000000
Surplus over all liabilities 97325335
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 851770881
Written or renewed during the year 705445725
Total 1557216606
Deduct those expired and marked off as ter
minated 547368652
In force at the end of the year 1009847954
Deduct amount reinsured 258057969
Net amount in force 751789985 722412272
40428151
672968820
3841317
12193770
11297620
700301527
288442
700013085
70398231
413161844
2500000
5797293
10000000
832164
502689532
197323553
700013085
Premiums
846386103
680369376
1526755479
551505063
975250416
252838144
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 35486234
Written or renewed during the year 311844829
Total 347331063
Deduct those expired and marked off as ter
minated 296763054
50568009
7156724
In force at the end of the year5
Deduct amount reinsured
Net amount in force 43411285
Business in the State of Georgia During 1920
A Fire
Gross risks written 767098200
Premiums
49331840
93950858
143282698
88304817
54977881
5269697
49708184
Marine and
Inland
45794700114 Annual Report
Less 1946563 risks cancelled and 148 184
reinsurance in Companies authorized in
Georgia 208974700
Net risks written 558123500
Gross premiums on risks written 89 537 92
Less 1593241 return premiums and 2706 53
premiums for reinsurance in Companies au
thorized in Georgia 1845494
Net premiums received 71 082 98
Losses paid deducting salvage 44 310 87
Less losses on risks reinsured in Companies au
thorized in Georgia 4 247 28
Net losses paid 4006359
Losses incurred j 52 469 19
Less losses on risks reinsured in Companies au
thorized in Georgia g 135 29
Net losses incurred 4633390
Investments in Georgia
Bonds 1000000
Total investments in Georgia
500000
45294700
385628
18400
367228
21588
21588
nss
1000000
HARDWARE DEALERS MUTUAL EIRE INSURANCE COMPANY
OP WISCONSIN
No 212 Strongs Avenue Stevens Point Wis
O P Schiafer President p j Jacobs Secreta
Kinds of business done in GeorgiaFire and Tornado
Ledger assets December 31 1919
72104417
Extended at
Income
Gross renewal premiums 1 255 198 85
Deduct amount paid for insurance and return
premiums 27581532
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Reinsurance commission
Exchange
7S004
19934
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of elaimsL
Commissions and allowances to agents
Salaries of officers and emploves
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes licenses and fees n 741 3g

72104417
97938353
3222706
3346625
97938
104605622
176710039
19579482
301101
77S4883
5052303
187120
1813628
32258201
247685Insurance Department of Georgia
115
Furniture and fixtures
Inspections and surveys
Federal taxes
Real estate expenses
1008337
725045
522571
60650
3490741
Total disbursements 70715204
Balance
Ledger Assets
Book value of real estate
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Certificates of deposit i4Z7it
105994835
1000000
92533600
127478
2582759
4673039
4935203
142756
Total ledger assets as per balance No 23
XonLedger Assets
Interest due and accrued
Other items
Loss due from reinsuring Co per
schedule E
105994835
1224490
75000
Total assets 107294325
Deduct Assets Not Admitted
Agents balances
Other items
Book value of bonds and stocks over market
value
194645
5344200
Total not admitted assets
Total admitted asets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
5538845
101755480
3035000
55932673
29124
150000
1000000
Total amount of liabilities except capital 60408921
Surplus over all liabilities 41346559
Surplus protection to policyholders 41346559
Total liabilities t 101755480
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Risks
37567287
72607936
Total 110175223
Deduct those expired and marked off as ter
minated 41346068
In force at the end of the year 68829155
Deduct amount reinsured 4101427
Net amount in force 64727728
Business in the State of Georgia During 1920
Gross risks written
Premiums
72232637
125519885
197752522
82059280
115693242
7143750
108549492
A Fire
55205800116
Annual Report
Less 5275000 risks cancelled and 650000 reinsurance in
Companies authorized in Georgia
Net risks writen
Gross premiums on risks written
Less return premiums
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
Investments in Georgia
5925000
t 49280800
1043997 597323
446674
84632
S4632
84632
Bonds
Total investments in Georgia
1000000
84632
1000000
HARTFORD FIRE INSURANCE COMPANY
No 125 Trumbull Street Hartford Conn
R M Bissel President D j Giazier SeCretary
Amount of paidup capital 4 000 000 00
Ledger assets Dec 31 1919 5202643487
Extended at
Income
Gross premiums on new business 61 10 990 69
Deduct amount paid for insurance and return
premiums 2280358719
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Conscience money
Agents balances previously charged off
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of cfaims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Total disbursements
Balance
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Ledger Assets
5202643487
4129873350
195743902
3606911
80000
312958
4329617121
9532260608
1842292308
48875037
842998324
375514078
17981552
491300960
120000000
18119050
3757081309
5775179299
219968658
74450000
3646699600
514664763
ssnir
516745175
4585486Insurance Department of Georgia
117
Agents balances net
Other items
Loans secured by pledge see schedule C
Bills receivable for Are risks
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance on loans paid
782034752
9850000
6092850
5775179299
45933932
919217
25903201
Total assets 5847935649
Deduct Assets Not Admitted
Agents balances 27346492
Bills receivable 1218358
Other items
Book value of bonds and stocks over market
value 256675964
Total not admitted assets 285240814
Total admitted assets 5562694835
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions due or accrued 23592271
Reserve for unearned interest on bonds see
schedule D 407729
Special reserve 100000000
Total amount of liabilities except capital
Capital actuallv paid in cash 400000000
Surplus over all liabilities 1315828853
Surplus protection to policyholders
444432146
3048433836
10000000
220000000
124000000
3846865982
1715828853
Total liabilities 5562694835
Business in ForceFire
Risks
In force on the 31st day of December 1919 5416886100
Written or renewed during the year 5946057583
Fxcess of original premiums over amount re
ceived for reinsurance
Total 11362943683
Deduct those expired and marked off as ter
minated 4426118508
In force at the end of the year 6936825175
Deduct amount reinsured 1337903475
Premiums
5421317364
5853855798
4352460
11279525622
4650527029
6628998593
1170983179
Net amount in force5598921700 5458013414
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 88655923
Written or renewed during the year 376528412
Total 465184335
Deduct those expired and marked off as ter
minated 341778106
In force at the end of the year 123406229
Premiums
197677331
556376271
1 749053602
537541947
i 211511655118 Annual Report
Deduct amount reinsured 71374725 7823250
Net amount in force 52031504 2036S8405
Business in the State of Georgia During 1920
A Fire Marine and
fS5uVtte 7879709500 1M4WU00
Less 2168 81 risks cancelled 2083416300 84461S00
Net risks written 5796293200 1730471700
Gross premiums on risks written 1 132 190 00 n
Less 18759665 return premiums 11 ITOOS llfslfl
Net premiums received j 95558862 4282884
Losses paid deducting salvage 534 219 63 u 9K9 71
Less losses on risks reinsured in Companies bi4Z16i 3426271
thorized in Georgia 965003 226841
Net losses paid 52456960 sTI
Losses incurred 7o
Less losses on risks relnsurVdlnCompanliiau 3363160 4564099
thorized in Georgia 16 229 87
Net losses incurred tTTuITs 4564099
HOME FERE AND MARINE INSURANCE COMPANY OP CALIFORNIA
No 401 California Street San Francisco Cal
J B vfon President Herbert P Blanchard Secretary
Kinds of business done in GeorgiaFire Automobile and Marine
Amount of paidup capital 500 000 00
Ledger assets Dec 31 1919 2738336 32
Extended at 273833632
Income
Gross premiums on new business 6 585 090 25
Deduct amount paid for reinsurance and return
premiums 371323640
Total premiums 9
Interest and rents Yig
Profit on sale or increase by adjustment of assets L37500
Total income 298957729
Carried forward 572791361
Disbursements
Net amount paid policyholders for losses j I572l6q
Legal and administrative expenses in adjustmentofcTaims 5l65833
Commissions and allowances to agents rk kii i
Salaries of officers and employes VSAitnt
Rents and interest 1111111 ifSj
Advertising printing postage telegrams etc rsssbi
Loss on sale and decrease by adjustment of assets 6 0817B
Other items otuoiB
Field supervisory expenses 143 595 15
Furniture and fixtures Maps Inspections 3625oY
Taxes licenses and fees
Legal expenses s if i
Real estate expenses
Donations 40 0
Agents balances charged offI 29529
28465731
Total disbursements 283119927
Balance
289671434Insurance Department of Georgia
119
Mortgage loans first liens
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
Agents balances
Deduct Assets Not Admitted
1518105
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 50000000
Surplus over all liabilities 32926120
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 176232554
Written or renewed during the year 326744341
Excess of original premiums over amount re
ceived for reinsurance
Total 502976895
Deduct those expired and marked off as ter
minated 207538376
In force at the end of the year 295438519
Deduct amount reinsured 95173324
Net amount in force 200265195
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 58582301
Written or renewed during the year 370016685
Total 428598986
Deduct those expired and marked off as ter
minated 349648799
In force at the end of the year
Deduct amount reinsured
78950187
58063589
Net amount in force 20886598
Business in the State of Georgia During 1920
A Fire
Gross risks written 990965000
Less 3227218 risks cancelled and 2936084
reinsurance in Companies authorized in
250000
170081013
4995250
10000
58489555
2500000
42595616
10750000
289671434
1643753
705417
292019704
1518105
290501599
62571685
139003794
500000
5500000
207575479
82926120
290501599
Premiums
185979089
350232314
14288693
550500096
232575084
317925012
109913428
208011584
Premiums
122397000
308276711
430673711
269829386
160844325
126255425
34588900
Marine and
Inland
73825300120
Annual Report
Georgia 598656300 17673900
Net risks written 5 39230S700 56151400
Gross premiums on risks written 10ft E47 1I s o i71 ca
Less 2905888 return premiums and 32253 99 41S9
premiums for reinsurance in Companies au
thorized in Georgia 5824770 306517
Net premiums received 4829943 540672
Losses paid deducting salvage 29 203 41 5 qqR R
Less losses on risks reinsured in Companies au
thorized in Georgia j2 879 35
Net losses paid j 1632406 599646
Losses incurred s 35 372 70 1
Less losses on risks reinsured in Companies au u0db4b
thorized in Georgia 15 403 35
Net losses incurred 1996935 1L03M6
THE HOME INSURANCE COMPANY
No 56 Cedar Street New York N Y
Elbridge G Snow President Charles L Tyner Secretary
cAttorney for service in GeorgiaCharles W Phillips Atlan a Ga
LUSmS dne L GeorgiaFire Lightning WindStorm Inland
Marine Hail and Sprinkler Leakage and or other classes of
Insurance Warranted by Its Charter
Amount of paidup capital 6000000 00
Ledger assets Dec 31 1919 5767284500
Extended at
Income
Gross premiums on new business 81 965 395 57
Deduct amount paid for reinsurance and return
premiums 3636249605
Total premiums
Interest and rents
Profits on sale or increase by adjustment of asseTsIV
Other items
Unlisted securities 3
Profit and loss items
Increase in liabilities during vear account
of reinsurance treaties
From agents balances previously charged off
115283
2500
17106062
4924
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest 2
Advertising printing postage telegrams etc
Paid stockholders for dividends
Losses on sale and decrease by adjustment of assets
Other items
Underwriters Map Association stock 2 500 00
Refund unlisted securities 2500
5767284500
45602S9952
260080278
1221380
17228769
4838820379
10606104879
1925311397
63406074
1071945101
250489188
18587097
356559397
150000000
201442736Insurance Department of Georgia
121
Agents balances charged off
552784
805284
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for fire risks
4038546574
6567558305
4051704540
1467730547
531667163
515029526
1426529
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Recoverable for reinsurance on paid losses
1426529
5 6567558305
54430900
45965200
Total assets 6667954405
Deduct Assets Not Admitted
Agents balances 67623665
Bills receivable 1426529
Other items
Book value of bonds and stocks over market
value 397390326
Total not admitted assets
Total admitted assets
466440520
6201513885
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Funds held under reinsurance treaties 97029761
Total amount of liabilities except capital
Capital actually paid in cash 600000000
Surplus over all liabilities 1245174424
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 5627185361
Written or renewed during the year 6308545542
Excess of original premiums over amount re
ceived for reinsurance
634277900
3505031800
20000000
100000000
97029761
4356339461
1845174424
6201513885
Premiums
5553448200
7150630633
421236900
13125315733
5974937333
7150378100
973273200
Net amount in force6274459272 6177105200
Total i11935730903
Deduct those expired and marked off as ter
minated i 4513978644
In force at the end of the year 7421752259
Deduct reinsurance permitted by the laws of
this State schedule required 1147292987122 Annual Report
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 136222982 369303000
Written or renewed during the year 2395238501 1045908924
Total 2531461483 1415211924
Deduct those expired and marked off as ter
minated 2314353833 831187524
In force at the end of the year 217107650 584024400
Deduct reinsurance permitted by the laws of
this State schedule required 73866641 171769300
Net amount in force 143241009 412255100
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 6728790300 446968600
Less 112084141 risks cancelled 1202499800 5914300
Net risks written 5526290500
Gross premiums on risks written 81442369
Less 13141989 return premiums 12869010
Net premiums received 68573359
Losses paid deducting salvage 19279959
Net losses paid 19279959
Losses incurred 27745952
Net losses incurred 27745952 1729118
441054300
1 1644564 272979
1371585
I 824031
824031
1 1729118
HUDSON INSURANCE COMPANY
No 100 William Street New York N Y
J M Wennstrom President H N Morgan Secretary
Attorney for service in GeorgiaE N OBeirne Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Marine
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 202471971
Extended at 202471971
Income
Gross premiums on new business 282688795
Deduct amount paid for insurance and return
premiums 177355957
Total premiums
Interest and rents 1
Profits on sale or increase by adjustment of assets
Other items
Commissions and allowances for taxes re
ceived from reinsuring Companies
Reinsurance received on unpaid losses
3192851
20602369
05332838
9016620
2264088
23795220
Total income 140408766
Carried forward 342880737
Disbursements
Net amount paid policyholders for losses t 39468949
Legal and administrative expenses in adjustment of claims 713587
Commissions and allowances to agents 32160837Insurance Department of Georgia
123
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Bank exchange 27107
Statistical service1 114647
Cost of audit 113849
Interest paid on account of deposit held by
reinsurance treaty 461127
7275217
471449
9205458
50000
716730
Total disbursements 90062227
Balance 252818510
Ledger Assets
Mortgage loans first lien 8550000
Bonds at book value 154004611
Stocks at book value 17177000
Cash in office 10000
Deposits at interest 42904794
Agents balances net 29667968
Other items
Deposit Philadelphia Underwriters 10000
Reinsurance receivable on paid losses 494137
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued i
Other items
Int due special deposit Liberty Natl Bank5
254788
504137
252818510
2194425
254788
Total assets 255267723
Deduct Assets Not Admitted
Agents balances 879284
Other items
Book value of bonds and stocks over market
value 806132
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commision S 500000
Funds held under reinsurance treaty 12606943
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
50000000
60609815
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 107812038
Written or renewed during the year 256855052
Total 364667090
1685416
253582307
38171885
86493664
1200000
4000000
13106943
142972492
110609815
I 253582307
Premiums
I 100968126
221204206
i 322172332124
Annual Report
Deduct those expired and marked off as ter
minated 159072782
In force at the end of the year
Deduct amount reinsured
205594308
93482811
122723610
199448722
78989908
Net amount in force 112111497 120458816
Business in ForceMarine and Inland
In force on the 31st day of December 1919 5444196
Written or renewed during the year 142466l38
Total f 147910334
Deduct those expired and marked oft as ter
minated 130756464
In force at the end of the year 17 144 870
Deduct amount reinsured 295376
Net amount in force 16849 494
Business in the State of Georgia During 1920
A Fire
Gross risks written 7676178 00
Less 2163789 risks cancelled and 757112
reinsurance on Companies authorized in
Georgia 292090100
Premiums
14195645
61484589
75680234
50104258
25575976
389315
25186661
Marine and
Inland
305138800
Net risks writen 475527700
Gross premiums on risks written
Less 1947598 return premiums and 1069577
premiums for reinsurance in Companies au
thorized in Georgia
Net premiums received
8215555
3017175
5198380
Losses paid deducting salvage 2919311
Less losses on risks reinsured in Companies au
thorized in Georgia 469304
Net losses paid 2450007
3967234
858282
310S952
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred

30513S800
31S724

318724
6786

6786
20775

20775
THE IMPORTERS EXPORTERS INSURANCE CO OP NEW YORK
4749 Beaver Street New York N Y
Leon Sehinasi President c D West Secretary
Kinds of business done in GeorgiaFire Marine and Auto Insurance
Amount of paidup capital 70000000
Ledger assets Dec 31 1919 250149504
Extended at 250149504
Income
Gross renewal premiums 366922073
Deduct amount paid for reinsurance and return
premiums 170984055
Total net premiums
Interest and rents
Profits on sale or increase by adjustment of assets
195938018
11942263
324202
Total income 208204483
Carried forward 458353987Insurance Department of Georgia
125
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses 2993886
Inspections and surveys underwriters boards 673412
Furniture and fixtures maps etc 981109
Federal taxes state county etc 4029662
Legal expenses 517833
Real estate expenses 1147118
Miscellaneous 516701
Total disbursements
Balance
Ledger Assets
Book value of real estate less incumbrance 21500000
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Reinsurance due on paid losses 3825197
Total ledger assets as per balance No 23
NonLedger Assets
111578394
2313341
40592887
16671047
1056218
3649728
1549755
59721
3271091
270082896
17546423
114457162
62219300
29140033
42S94781
3825197
270082896
Interest due and accrued rcol5
Market value real estate over book value 5623414
Total assets 277289445
Deduct Assets Not Admitted
Agents balances t
Other items
Book value bonds and stocks over convention
value
1124469
3775318
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Interest due on mortgages 110417
Total amount of liabilities except capital
Capital actually paid in cash Ja
Surplus over all liabilities 400Z6339
4899787
272389658
78612229
79250571
1078576
3311526
110417
162363319
Surplus protection to policyholders
Total liabilities
110026339
Business in ForceFire
Risks
In force on the 31st day of December 1919 46212379
272389658
Premiums
38136604126 Annual Report
Written or renewed during the year 149284710
T11 ZZrV 1954970S9
Deduct those expired and marked off as ter
minated 85191373
In force at the end of the year 110 305 716
Deduct amount reinsured 53166543
Net amount in force 57 39 3
Business in ForceMarine and Inland
t c Risks
In force on the 31st day of December 1919 38 700 063
Written or renewed during the year 268032386
Total g 306732449
Deduct those expired and marked off as ter
minated 268364247
In force at the end of the yearj 38 368 20
Deduct amount reinsured 2732597
Net amount in force 35635j605
Business in the State of Georgia During 1920
A Fire
Gross risks written l S fi gM K74 nn
Less 1560698 risks cancelled and il059671 o0lu
reinsurance in Companies authorized in
Georgia 241561900
Net risks written 341895500
Gross premiums on risks written 73 gsn 0
Less 1356772 return premiums and 9 723 08
premiums for reinsurance in Companies au
thorized in Georgia 1883803
Net premiums received 5504199
Losses paid deducting salvage inm ia
Less losses on risks reinsured in Companies lu84
thonzed m Georgia
Xet loses paid tMVti
Losses incurred 9
Less losses on risks reinsured in Companiesau
thonzed in Georgia
Xet losses incurred 1227376
136289173
174425777
68219519
106206258
48373177
57833081
Premiums
64210493
230632900
294S43393
210464388
84379005
2557673
S1821332
Tornado
28200000
20475000
5 7725000
t 547830
445277
102553
INDIANA LUMBERMENS MTJTTTAI INSURANCE COMPANY
1 w 1lNf Delaware streetj Tndianapolis InaAHY
J Pennell President v
Attorney for service in GeorgiaJ L Rilev X r a Secretary
Kinds of business done in GeorgfaLumblr tndodworkin
Ledger assets Dec 31 1919 118330838
Kxtended at
118330838
Income
Total premiums
Interest on mortgages 88994276
Other items 2248815
Interest on bonds
Interest on deposits
Rents b3867
670500Insurance Department of Georgia
127
Bonds per schedule D gross increase by ad
justment in book value of ledger assets
740000
4698161
Total income 95941251
214272089
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents55318
Less received from agency 54000
Salaries of field men 25510
Less received from agency 24000
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Other items
Expense of field men 1885176
Less received from agency1700000
Salaries directors officers and clerks
Furniture and fixtures
Inspections and surveys including Under
writers board and Tariff Assn
Federal taxes
Taxes licenses and fees Ins Dept Fire Dept
Fire Patrol and Salvage Corps
Postage telegraph and telephone exchange
and express
Legal expenses excluding legal expense losses
Repairs and expense taxes
Stocks per schedule D
26742761
274424
131830
151075
305000
1219913
30163386
1851
77485
4743
314
7013
05
1284787
4378
1170
6402
270
11647795
Total disbursements 70636184
Balance 143635905
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Deposits at interest
Agents balances net
Other items
Loans secured bv pledge of bonds stocks or
other collateral 800000
5500000
46140000
82130000
5160000
3905905
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued on mortgages
Other items
Interest due on bonds
Interest due on collateral
Interest due on other assets
1
697394
24704
5097
800000
43635905
837459
727195
Total assets 145200559
Deduct Assets Not Admitted
Other items
Book value of bonds and stocks over market
value 5686800
5686800
Total admitted assets 139513759128
Annual Report
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Gross claims for losses registered
550000
Total amount of liabilities except capital
Surplus over all liabilities
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 38 206 250
Written or renewed during the year 503572S6
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
88563536
43640394
5 44923142
P 675800
1853400
43984385
521059
1500000
550000
48408844
91104915
139513759
Premiums
73213599
96343132
169556731
85171691
Net amount in fo
rce 44247342
Business in the State of Georgia During 1920
Gross risks written
Less risks cancelled
Net risks written
Gross premiums on risks written
Less 1 45768 Fire return premiums and 3419 II
Tornado for reinsurance in Companies author
ized in Georgia
Net premiums received
Loses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
54385040
964384
S3420656
A Fire
44450000
5805000
38645000
1267446
487712
779734
100000
100000
362500
362500
INSURANCE COMPANY OI NORTH AMERICA
Third and Walnut Streets Philadelphia Pa
Benjamin Rush President T T
Kinds of business done OeorsiaAH hranehesorrrmTanT
Automobile Insurance
Amount of paidup capita 5 000 00n on
Ledger assets Dec 81 1919 sEnTaaSHS
increase of paidup capital during yearYnd 1lUe503
sundries L1J 200000000
Extended at
3807465403
Income
Gross premiums on new business j iifir8M B1
Deduct amount paid for reinsurance andretirn
premums r 1B3344467
Total premiums
2932158804Insurance Department of Georgia
129
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Agents balances previously charged off
514410
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Expense field men
Furniture and fixtures
Maps
Inspections
Taxes etc
30703476
5756000
1735710
40840586
189349143
Total disbursements
valance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at Book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable
Recoverable on paid losses
10701180
39161283
156817923
2581372
514410
i 3092072509
6899537912
1333291529
23941805
544036046
207524620
14460544
44075843
92000000
2223567
268384915
2529938869
43
43695990
779477
159221
869721
026146
1000
44941
311250
005603
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances t oiikq
Bills receivable 2Rin47R
Other items B1U47S
Book value of bonds and stocks over market
value j gjj 417 7
This Companys proportion of recoverable on
paid losses 7 427 20
Total not admitted assets
Total admitted assets
49862463
4369599013
38666778
4408265821
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
218832918
4189432903
607761991
1803652708
1991150
103500000130 Annual Report
Other items
Contingent commissions 13500000
Total amount of liabilities except capital 2630405849
Capital actually paid in cash 500000000
Surplus over all liabilities 1159027054
Surplus protection to policyholders 1659027054
Total liabilities 4189432903
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 3000140464 2837257362
Written or renewed during the year 3594841502 3200362718
Total 6594981966 6037620080
Deduct those expired and marked off as ter
minated 2653249214 2368342908
In force at the end of the year 3941732752 3669277172
Deduct amount reinsured 741695772 702513909
Net amount in force 3200036980 2966763263
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 206095538 158143798
Written or renewed during the year 3214144429 1260233736
T0tal 3420239967 1418377534
Deduct those expired and marked off as ter
minated 3137549917 1182455992
In force at the end of the year 282690050 235921542
Deduct amount reinsured 5290006 7269097
Net amount in force 277400044 228652445
Perpetual risks not included above 31335060
Deposit premiums on same 79992984
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 4571696000 3230402600
Less 12643975 risks cancelled and 9198354
reinsurance in Companies authorized in
Georgia 2040480000 143752900
Net risks written 2531216000 3086649700
Gross premiums on risks written 57146288 21354333
Less 17875776 return premiums and 11583147
premiums for reinsurance in Companies au
thorized in Georgia 25506110 3952813
Net premiums received 31640178 17401520
Losses paid deducting salvage 20910872 9544281
Less losses on risks reinsured in Companies au
thorized in Georgia 6573588 51556
Net losses paid 14337284 9492725
Losses incurred 23997056 10264281
Less losses on risks reinsured in Companies au
thorized in Georgia 7963388 179056
Net losses incurred 16033668 10085225Insurance Department of Georgia
131
THE INSURANCE COMPANY OF THE STATE OP PENNSYTVatt
308 and 310 Walnut Street Philadelphia pf NSYANIA
Uustavus Remak Jr President John j p Roderc Secrptarv
Attorney for service in GeorgiaWilliam H Rhett Atllnta Ga
Kinds of business done in GeorgiaFire Lightning Tornado
Amount of paidup capital i i nnn nnn nn
Ledger assets Dec 31 1919 ITusU 72
Extended at
501491072
Income
Gross premiums on new business K 9k qo7 o
Deduct amount paid for reinsurance and return ahAs
premiums 000 OA
Total premiums 23oo98284
Interest and rents 289700459
OtherSiemSsale Vy5rt fZ
Perpetual policy deposits and transfers on
nernetuals
Underwriters Association deposit 12 17
Agents balances previously charged off 4 1K2B7
Borrowed money 3J67
3973234
Total income
318153631
Carried forward
819644703
Disbursements
Net amount paid pollcyholdera for losses Q0 B
Lesal and administrative expenses in adjustment oYelaims 2iolinJ
Commissions and allowances to agents illit 11
Salaries of officers and employes Siiili
Rents and interest 14469021
Advertising nHntinnosVaeytlegramsreTc 7S2
Paid nolicyholders for dividends R781 368
oriSieand deorease by tmentofaSeti ft
PrlPVal tovoq
Taxes licenses anTfeesVI 7MM
SlStSlo1 expinSes3ToS8ea W85
Drosit nremiums returned on nernetual risks 38 389 in
Miscellaneous and borrowed money 401S8
236012 6
Total disbursements
288359015
Balance
531285688
tj 1 Ledger Assets
PonV value nf real estate
Mortpage loans first lien 18224J30
Bonds at hoov value 10nnnnn0
Stocks at book value 20
Cash in office lSJSsiRlH
Deposits at jntprect S2i317
Aunts bplances met riSS294
Other items 59288440
Denosits reolaimahle on perpetual policies g
Total ledger assets as per balance Xo 23 5 312 856 88
NonLedger Assets
Tntprest fine and accrued
Market value of assets over bookwine r
Oter items 5ioo7U
Reinsurance due on losses paid 23 043 16
Total assets
54034120232
Annual Report
Deduct Assets Not Admitted
Agents balances 4040100
Other Items
Book value of bonds and stocks over market
value 33677904
Total not admitted assets 377ISO04
Total admitted assets 502623198
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to stockholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes estimated for federal state etc for the
year of this statement
Other items
Amount reclaimable by the assured on per
petual Are insurance policies
Contingent commissions or other charges due
or accrued
42174652
750000
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
100000000
55S13141
47021501
251338402
233708
291794
5000000
42924652
346810057
155813141
502623198
Premiums
540720646
499831765
1040552411
415125019
625427392
174359874
Net amount in force 447610909 451067518
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 5844235 19854160
Written or renewed during the year 8002670 24685951
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 509947800
Written or renewed during the year 486434639
996382439
389043804
Total
Deduct those expired and marked oft as ter
minated i
In force at the end of the year 607338635
Deduct amount reinsured 159727726
Total
Deduct those expired and marked oft as ter
minated
In force at the end of the year
Deduct amount reinsured
13846905
7438263
6408642
365689
4450111
25733955
18806156
782696
Net amount in force
Perpetual risks not included above
Deposit premiums on same
RECAPITULATION OF FIRE
Amount
Covered
less 148323554
1205714
1751740
52051364
73171954
99062051
890489
456520
6042953 18023460
1967591143
46323261
RISKS AND PREMIUMS
Year
Written
1920 1 year
1919 2 years
1920 2 years
1918 3 years
1919 3 vears
1920 3 yetrs
1917 4 years
1918 4 years
Premiums
Charged
Fraction
Unearned
159868045
996486
1701759
52053746
67306788
88791690
641671
206446
12
14
34
16
12
56
18
38
Premiums
Unearned
79934023
249121
1276319
8675624
33653394
73993075
80209
77417Insurance Department of Georgia
133
1919
1920
1916
1917
1918
1919
1920
years
years
years
years
years
years
years
Over 5 years
Advance premiums
Totals 447610909 451067518
Perpetual risks 19675911 46323261
97195 173694 58 108559
182225 217749 78 190530
11667157 13279572 110 1327957
12968677 14725957 310 4417787
9253176 11124956 12 5562478
12699118 14375772 710 10063040
17963080 20073616 910 18066254
3658972 3316708 pro rata 2365265
2207923 2212863 100 2212863
Grand Totals 467286820 497390779
Business in the State of Georgia During 1920
Gross risks written
Less 4323554 risks cancelled and 3299047 reinsurance in
Companies authorized in Georgia
Net risks written 599186500
242253915
42174652
284428567
A Fire
1361446600
762260100
Gross premiums on risks written 18302373
Less 3838009 return premiums and 4915192 premiums
for reinsurance in Companies authorized in Georgia 8753201
Net premiums received 9549172
Losses paid deducting salvage 531122
Less losses on risks reinsured in Companies authorized in
Georgia 1980542
Net losses paid
Losses incurred
Less losses on risks reinsured in companies authorized in
Georgia
Net losses incurred
3330681
6746894
2794008
3952886
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY
80 William Street New York N Y
Clarence F Law Manager New Orleans La
J G Pepper Asst Manager New Orleans La
Attorney for service in GeorgiaB P Walker Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Marine Automobile
Sprinkler Leakage Explosion War Riot and Civil Commotion
Registered Mail and Flood
Ledger assets Dec 31 1919 2000834290
Extended at
Income
Gros premiums on new business 3028876935
Deduct amount paid for reinsurance and return
premiums 1599137012
2000834290
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets1
Other items
Deposit premiums on perpetual risks gross 577254
Premiums on life policies in force 6366
Remittances from home office to U S branch 11793005
From agents balances previously charged off 1247605
14
29739923
70461837
619870
13624230
Total income 1514445860
Carried forward t 3515280150134
Annual Report
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expense
Taxes licenses and fees 104491704
Agents balances charged off 5899766
Furniture and fixtures maps surveys 35832810
Remittances to home office 202221280
Real estate expenses charities etc 6145562
Deposit premiums returned on perpetual risks
Total disbursements
630479324
21490558
78731383
7237335
21415175
1395920
32454331
354591122
1218446
1413703958
Balance 2101576192
Ledger Assets
Book value of real estate
Mortgage loans
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Loans secured by bonds
Other items
Certificates of deposit
Reinsurance recoverable on paid losses
Bills receivable taken for fire risks
Bills receivable taken for farm risks
Bills receivable taken for hail risks
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance recoverable on paid losses
1420417
9326854
283648
35843736
45102
I 54264373
153062500
1071857403
221650042
332984
173046189
2198561
377942133
302250
46919757
2101576192
15310557
1911531
Total assets 211879S2S0
Deduct Assets Not Admitted
Agents balances 28007557
Other items
Bills receivable farm and hail risks S05846
Excess bills receivable over unearned premiums 5005942
Due from unauthorized Companies reins paid
losses 989276
Book value of bonds and stocks over market
value 124100125
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Reserve for contingent commissions due and
accrued 13858844
Amount reclaimable on perpetual policies 16380081
158908748
1959889534
195345559
1206900141
7009960
65388696Insurance Department of Georgia 135
Net premium reserve under Anq Special Dept 300000
30538925
Surplus over all liabilities 454706253
Surplus protection to policyholders 454706253
Total liabilities 1 1959889534
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 2957400484 2905422093
Written or renewed during the year 2955352328 2737183316
Total 5912752812 5642605409
Deduct those expired and marked off as ter
minated 2376449468 2297568696
In force at the end of the year 3536303344 3345036713
Deduct amount reinsured 1443833380 1243480551
Net amount in force 2092469964 2101556162
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 72205059 137188583
Written or renewed during the year 491258577 291693619
Total y 563463636 428882202
Deduct those expired and marked off as ter
minated 475829018 270297069
In force at the end of the year 87634618 158585133
Deduct amount reinsured 23364524 31973111
Net amount in force 64270094 126612022
Perpetual risks not included above 653343500
Deposit premiums on same 17242190
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 5018644900 1083249700
Less risks cancelled 2479710900 432116500
Net risks written i 2538934000 651133200
Gross premiums on risks written 64443206 375088
Less return premiums 27429832 67232
Net premiums received 37013374 307856
Losses paid deducting salvage 24942271 2147206
Less losses on risks reinsured in Companies au
thorized in Georgia 9910477 61586
Net losses paid 15031794 2085620
Losses incurred 27107671 2492206
Less losses on risks reinsured in Companies au
thorized in Georgia 10448177 61586
Net losses incurred 16659494 2430620
LONDON ASSURANCE CORPORATION
84 William Street New York N Y
Charles L Case United States Manager
Attorney for service in GeorgiaW G Harrison Savannah Ga
Kinds of business done in GeorgiaFire Marine and Automobile
Ledger assets Dec 31 1919 722185976
Extended at 722185976136
Annual Report
Income
Gross premiums on new business 1104798370
Deduct amount paid for insurance and return
turn premiums 565941559
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other Sources
Income tax withheld at source New York State
Remittances from home office to U S branch
gross 130207063
From agents balances previously charged off 162909
8466
53SS56811
24758482
4468750
130378438
Total income 698462481
Carried forward 1420648457
277339378
5150490
101124286
54144452
3308454
12990332
Disbursements
Net amount paid polieyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Taxes 28905536
Agents balances charged off 1093532
Remittances to home office 111827086
Bicentenary gift and sundries 3960475
Furniture maps and inspections 11713648
Total disbursements 611557669
Balance S0909078S
618032238
14940345
500799
57265489
1705421
93300184
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
I Hie from other Companies for reinsurance
already paid
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
or losses
23346312
23346312
3090907S8
7032017
Total assets S16122805
Deduct Assets Not Admitted
Agents balances 321248
Other items
Book value of securities over market value 59340153
Losses due from unauthorized Companies 2197308
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
65858709
750264096
112518701
351600631
4171487
20672757Insurance Department of Georgia
137
Other items
Income tax withheld at sourceN Y State
Total amount of liabilities except capital
Surplus protection to policyholders
Total liabilities
8466
488972042
261292054
750264096
Business in ForceFire
In force on the 31st day of December 1919 665270598
Written or renewed during1 the year 672778961
Total 1338049559
Deduct those expired and marked off as ter
minated 528098108
In force at the end of the year
Deduct amount reinsured
Premiums
724404400
693712297
1418116697
546311547
809951451 871805150
268949893 289760164
Net amount in force 541001558 582044986
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 87439839
Written or renewed during the year 1155823411
Total 1243263250
Deduct those expired and marked off as ter
minated 1143105453
In force at the end of the year
Deduct amount reinsured
Net amount in force
100157797
20042790
80115007
Premiums
67578713
411086073
478664786
380626777
98038009
14487365
53550644
RECAPITULATION OF FIRE RISKS AND PREMIUMS
Amount
Term Covered
year or less188825414
years 525281
years 479103
years 78107726
years 93476772
years 98955433
years 386929
years 861302
years 30000
years 330316
years 14063689
years 15106210
years 13888243
years 14255254
years 20949988
Over 5 years 759898
Advance prems
Year
Written
1920 1
1919 2
1920 2
1918 3
1919 3
1920 3
1917 4
1918 4
1919 4
1920 4
1916 5
1917 5
1918 5
1919 5
1920 5
Premiums Fraction
Charged Unearned
193194054 12
672014 14
824700 34
798462J55 16
94624624 12
113843636 56
298935 18
652592 38
48903 58
355185 78
16456319 110
18216834 310
17780090 12
18221152 710
26282364 910
727299 pro rata
100
Premiums
Unearned
96597027
168003
618525
13307709
47312312
94869697
37366
244722
30565
310786
1645632
5465051
8890045
12754825
23654123
393959
Totals 541001558
582044986 306300347
Grand Totals 541001558
Business in the State of Georgia During 1920
A Fire
582044986 306300347
Marine and
Inland
Gross risks written 288384000 940848200
Less 748625 risks cancelled 69965000 4897500
Net risks written
Gross premiums on risks written
Less 787649 return premiums for reinsurance
218419000
3962674
35950700
3392105138 Annual Report
in Companies authorized in Georgia 476107 311542
Net premiums received 3486567
Losses paid deducting salvage 425120
Net losses paid 425120
Losses incurred 725820
Net losses incurred 725820 7301746
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000
3080563
5554S17
i 5554817 7301746
THE LONDON AND LANCASHIRE INSURANCE COMPANY ltd
5759 William Street New York City N Y
A G Mcllwaine Jr Manager
Attorney for service in GeorgiaRobert A Hancock Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Tornado Marine Ex
plosion War Coverage Riot and Civil Commotion Sprinkler Leakage
Ledger assets Dec 31 1919 712836471
Extended at 712836471
Income
Gross premiums on new business 836783937
Deduct amount paid for insurance and return
premiums 410543206
Total premiums 426240731
Interest and rents 27890537
Profits on sale or increase by adjustment of assets 3712500
Other Sources
Remittances from home office to U S branch 6926780
6926780
Total income 464770548
Carried forward 1177607019
Disbursements
Net amount paid policyholders for losses 1783SOS25
Legal and administrative expenses in adjustment of claims 5640204
Commissions and allowances to agents 66097437
Salaries of officers and employes 48011036
Rents and interest 8494565
Advertising printing postage telegrams etc 8956577
Loss on sale and decrease by adjustment of assets 6123768
other items
Furniture 860674
Maps 648537
Inspections and surveys 12756196
Taxes 38124543
Real estate expenses 2468502
Remittances to home office 5849844
All other expenses 266584
609718SO
Total disbursements 377678792
Halnnce 799928227
Ledger Assets
Rook value of real estate 30000000
Bonds at book value 5678288OS
Stocks at book value 1666000Insurance Department of Georgia
139
Cash in office
Deposits at interest Z
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for fire risks 361954
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due from other Companies on
paid losses t
2513515
Total assets
Deduct Assets Not Admitted
Agents balances 6847337
Bills receivable 361954
Other items
Overdue interest on bonds in default 1187500
Book value of stocks and bonds over
market value 37950308 39137808
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
143940
98782698
267490
100877337
361954
799928227
9199244
2513515
811640986
46347099
765293887
Total amount of liabilities except capital
Surplus over all liabilities
305334196
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 1000138409
Writen or renewed during the year 887894163
Total 1888032572
Deduct those expired and marked off as ter
minated 718097943
Tn force at the end of the year 1169934629
Deduct amount reinsured 425919877
Net amount in force
37374913
398784778
1300000
22500000
459959691
305334196
765293887
Premiums
883018047
714466895
1597484942
600877311
996607631
338909878
744014752 657697753
Business in ForceMarine and Inland
Risks
Tn force on the 31st day of December 1919 46448790
Written or renewed during the year 92070425
Total 138519215
Deduct those expired and marked off as ter
minated 77066207
In force at the end of the year 61453008
Deduct amount reinsured 6056839
Net amount in force
Premiums
66251200
122317042
188568242
97976004
90592238
51266
55396169 85465585140 Annual Report
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1773753600 103952500
Less 5415804 risks cancelled and 3531077
liJ 867447700 27240400
Net risks written 906305900 76712100
Gross premiums on risks written 14466563 1620916
Less 2748598 return premiums and 2158311
premiums for reinsurance in Companies au Jar
thorized in Georgia 4488603 418256
Net premiums received 9977910 1202660
Losses paid deducting salvage 4858438 142S079
Less losses on risks reinsured in Companies au
thorized in Georgia 2836464
Net losses paid 2021974 1428079
Losses incurred 5492768 1490779
Less losses on risks reinsured in Companies au
thorized in Georgia 2863372
Net losses incurred 2629396 1490779
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000
LONDON SCOTTISH ASSURANCE CORPORATION LIMITED
110 William Street New York N Y
Horatio N Kelsey Manager
Kinds of business done in GeorgiaFire Tornado Sprinkler Leakage
Amount of paidup capitalstatutory deposit 40000000
Ledger assets December 81 1919 131682196
Extended at 131682196
Income
Gross premiums on new business 188520932
Deduct amount paid for insurance and return
premiums 99212037
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other Sources
Foreign exchange 118941
Remittances from home office to U S branch 17572352
89307995
6589496
671375
17691293
Total income 114260189
Carried forward 245942355
Disbursements
Net amount paid policyholders for losses 25603450
Legal ind administrative expenses in adjustment of claims 173028
Commissions and allowances to agents 12630289
Salaries of officers and employes 5304819
Rents and interest 948144
Advertising printing postage telegrams etc 2555272
Loss on sale and decrease by adjustment of assets 65625
Other items
Maps furniture etc 3SI2899Insurance Department of Georgia
141
Remittances to home office by U S branch 5150245
Sundry items 5628 and coll on coupon int 216 93
Federal taxes U 172 55
Taxes licenses fees etc18738lll
Field supervisory expenses 17s4554
Borrowed money repaid plus interest on same 228s07l5
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Deposits with various underwriters organiza
tions
Total ledger assets as per balance No 23
NonLedger Assets
32777973
83901499
162040856
125687363
37500
4910
8581235
27664848
65000
Interest due and accrued
Other items
Reinsurance recoverable on losses paid per
schedule E columns 1 and 3
Total assets
Deduct Assets Not Admitted
Agents balances 5 771 52
Other items
Book value of bonds and stocks over market
value 2834748
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries andmiscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions
65000
162040856
1718836
449872
164209564
3411900
160797664
760513
Total amount of liabilities except capital
Capital actually paid in cashstatutory deposit 400 000 00
Surplus over all liabilities 56470847
Surplus protection to policyhoklers
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 47647943
Written or renewed during the year 164034412
f rr 211682355
Deduct those expired and marked off as ter
17412211
42922589
93769
3137735
760513
64326817
96470847
160797664
Premiums
40254091
142168983
uiumiea 85328832
In force at the end of the year 126353523
Deduct amount reinsured 64248411
Net amount in force
182423074 69483582
112939 192 53950800
62105112 58988692142
Annual Report
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919
Written or renewed during the year 213111348
Deduct those expired and marked off as ter
minated 197950716
In force at the end of the year 15160632
Deduct amount reinsured 935460
Net amount in force 14225172
Business in the State of Georgia During 1920
Gross risks written
Less 406990 risks cancelled and 74950 reinsurance in
Companies authorized in Georgia
Premiums
46351949
30558956
f 15792993
560765
f 15232228
A Fire
252525900
48194000
Net risks written
Gross premiums on risks written
Less 337624 return premiums and 138798 premiums for
reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses incurred
204331900
2624429 476422
2148007
148156 10019
138137
1199902 602824
59707S
THE LUMBEBMENS MUTUAL INSURANCE COMPANY
Lumbermens Heights Mansfield Ohio
E S Nail President W V G Kegg Secretary
Kinds of business done in GeorgiaFire Insurance
Ledger assets Dec 31 1919 144535630
Extended at 144535630
Income
Gross premiums on new business 212151541
Deduct amount paid for insurance and return
premiums 44380873
uii sale i
Total prtufces
Interest an exoents
Profits on sale or increase by adjustment of assets
Other items
Profit on purchase of mortgage loan 50000
Refund of income taxes paid in 1919 audit
145844 warrant No 14767 51000
16777066S
6584111
100000
101000
Total income 174555779
Carried forward 319091400
Disbursements
Net amount paid policyholders for losses 60696465
Legal and administrative expenses in adjustment of claims 712504
Commissions and allowances to agentsRenewals 31450447
Salaries of officers and employes 7478262
Rents and interest 967411Insurance Department of Georgia
143
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses
Furniture and fixtures
Taxes licenses and fees
Inspections and surveys
Legal expenses
Real estate expenses
4807020
1428125
3658483
211458
127201
133432
1385432
30325439
1288642
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Deposit Insurance Dept State of Alabama 500 00
Loans secured by pledge of bonds stocks or
Other collateral 25 000 00
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 7gg ge
Other items
Book value of bonds and stocks over market
value 2615766
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capitalI
Capital actually paid in Mutual
Surplus over all liabilities 62175524
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 84959 133
Written or renewed during the year 177824668
S0tal vt 262783701
Deduct those expired and marked off as ter
minated 122 536 746
In force at the end of the year 140246955
Deduct amount reinsured 3328991
10365719
144670321
174421088
10000000
36665000
68981666
12830500
373429
12500000
17258620
13261873
2550000
174421088
1348662
175769750
2794652
172975098
16280800
90314974
1703800
2500000
110799574
62175524
172975098
Premiums
121913352
212151541
334064893
157327411
176737482
3092640
Net amount in force 136917964 173644842144 Annual Report
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 153203000 13083000
Less 35563000 risks cancelled 35563000 7471500
Net risks written 117640000 5611500
Gross premiums on risks written 3175415 356858
Less 1127589 return premiums and 3400
premiums for reinsurance in Companies au
thorized in Georgia 1130989 220427
Net premiums received 2044426 136431
Losses paid deducting salvage 1244089 187542
Net losses paid 1244089 187542
Losses incurred t 1613322 187542
Net loses incurred 1613322 187542
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000
THE LUMBER MUTUAL FIRE INSURANCE COMPANY OP BOSTON MASS
141 Milk Street Boston Mass
George H Davenport President Harry E Stone Secretary
Attorney for service in GeorgiaJ L Ttiley Atlanta Ga
Kinds of business done in GeorgiaInsuring Lumber and Woodworking Risks
Ledger assets Dec 31 1919 159743322
Extended at
Income
Gross premiums on new business 100606711
Deduct amount paid for insurance and return
premiums
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
From Gale Stone Agents
From agents balances previously charged off
9045880
159743322
91560831
7684558
182007
4000000
3837
Total income t 103431233
Carried forward 263174555
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 6228967
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjusment of assets
Other items
Inspections and surveys 1439986
Furniture and fixtures 283367
Auditing accounts 80700
Legal expenses 196701
Collecting bad bills 1304
172192
6287967 6918588 M 1348 1343238 35875200 46469
Insurance Department of Georgia
145
Agents balances charged off
Traveling expenses of other than field men
Expenses of Companys meetings
Taxes and fees
All other disbursements
638
22437
54345
1530506
126718
Total disbursements
Balance
Ledger Assets
Bonds at book value
Casli in office
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Amount due from Gale and Stone Agents
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Overdue and accrued int on bonds in default
Book value of bonds and stocks over market
value Insurance Commissioners valuations 14300107
Amount due from Gale Stone Agents 4412421
18211
78000
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Surplus over all liabilities 122228001
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
Net amount in force 43891491
Business in the State of Georgia During 1920
Gross risks written
Less 13185000 risks cancelled
Net risks written
Gross premiums on risks written
3736705
81086891
160661562
221700
1784207
3361792
182087661
1381582
4412421
1
31661
03739
Risks
37123466
49893681
87017147
43122656
43894491
3000
169072925
1985953
43720538
87578
1050855
46844924
122228001
169072925
Premiums
75920 80
100606711
176527291
89083343
87443948
2873
874410 5
A Fire
56 1600
131850 00
t 43277500
1581095146 Annual Report
Less 212947 return premiums 212947
Net premiums received j TsisTTs
Losses paid deducting salvage 200 00
Net losses paid 251000
Losses incurred 50000
Net losses incurred g 5 0jq qq
Investments in Georgia
Bonds City of Augusta Ga 42 percent reg
istered bonds due lll42 Market value
Insurance Commissioners valuation 970000
Total investments in Georgia 9 700 pQ
MARINE AND MOTOR INSURANCE COMPANY OP AMERICA
2328 Avenue B Galveston Texas
S E Kempner President j p Seinsheimer Secretary
Amount of paidup capital5 200 000 00
Ledger assets Dec 81 1919 44674766
Extended at 4 1671766
Income
Gross premiums on new business 476 768 89
Deduct amount paid for insurance and return
premiums j7 oj 47
Total premiums jR9 4
Interest and rents ossjocc
Other sources 2834856
Surplus paid up in cash 10000000
10000000
Total income 48784598
Carried forward 934j593C4
Disbursements
Net amount naid policyholders for losses 191 1109
Legal and administrative expenses in adjustment of cfalnna saSB 46
ommissions and alowances to agents sioooil
Salaries of officers and employes 274S J0
Advertising printing postage telegrams etc tooot
Other items
Inspections and surveys 7I4 50
Taxes Federal State County and Municipal 11 ms8
Borrowed money repaid go 000 00
Interest on borrowed money 1 17918
Miscellaneous 115351
9436857
Total disbursements 4uTTnrT
Balance 7rrT
Ledger Assets
Mortgage loans first lien
Ronds at book value iRienor
Stocks at book value Ssnftft
Cash in office I s2SS
Deposits at Interest I2nnfnftn
Deposits not at interest L f
Agents balances net ZZZZZZZZZZZZZZZ lUeXStiiInsurance Department of Georgia
147
Other items
Cash on deposit State of Alabama
510OC
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 980191
Other items
Book value of bonds and stocks over market
value
Total not admitted asets
Total admitted assets
415316
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes estimated hereafter payable
Other items n1
Reserves for commissions to become due itui
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
20000000
6758852
Surplus protection to policyholders
Total liabilities
Business in ForceAutomobile
Risks
In force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
Net amount in force
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
5000
53017343
523702
53541045
1305507
52145738
14597844
9759241
150000
879601
25386686
26758852
5214553S
Premiums
1659671
19857463
21517134
8420279
13096855
788068
12308787
Premiums
11142065
27819426
38961491
31751796
In force at the end of the year
Net amount in force

Business in the State of Georgia During 1920
7209695
7209695
Gross premiums on risks written
Less return premiums
A Fire
285950
900
Net premiums received
Losses paid deducting salvage
Net losses paid

285050
7500
7500148 Annual Report
MARYLAND MOTOR CAB INSURANCE COMPANY
Garrett Building Baltimore Md
ittIlaCe Bonfa1 President Leo F Fitzpatriek Secretary
Attorney for service in GeorgiaWilliam A Smith Candler BldgAtlanta Ga
Kinds of business done in GeorgiaMotor Car Insurance
Amount of paidup capital 500 000 00
Ledger assets Dec 31 1919 1 0694ll6
Extended at WWttl
CncoiiKi
Gross premiums on new business 1 530 531 13
Deduct amount paid for insurance and return
premiums 40539406
Total premiums ntn
Interest and rents ssiniqs
Other items M1S8
Gross profit on maturity of bonds 493 53
From agents balances previously charged off 4490
47353
Total income 116451197
Carried forward 219145313
Disbursements
Net amount paid policyholders for losses 454 674 84
Legal and administrative expenses in adjustment of claims 30201 40
Commissions and allowances to agentsRenewals 3275766
Salaries of officers and employes
Rents and interest 5 23240
Advertising printing postage telegrams etc 2369461
Loss on sale and decrease by adjustment of assets Tfixn
Other items
Taxes 3908821
Miscellaneous 57 qss 13
9617634
Total disbursements 1 003 056 9
Balance 118839U6
Ledger Assets
Bonds at book value sciiam
Stocks at book value I Minis
Cash in office 1 1m 7
Deposits at interest ii JnSi
Agents balances net II 14225725
Total ledger assets as per balance No 23 11S8 396 16
NonLedger Assets
Interest due and accrued 1519057
Other items
Reinsurance recoverable 401859
401S59
Total assets 120760532
Deduct Assets Not Admitted
Agents balances 33946
Other items
Overdue interest 290000
Book value of stocks and bonds in excess of
market value 4286739
Total not admitted assets 46106 85
Total admitted assets j 1161 498 47Insurance Departmentof Georgia
149
Liabilities
Net amount of unpaid losses and claims1
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
50000000
1757270
Surplus protection to policyholders
Total liabilities
Business in ForceMarine and Inland
In force on the 31st day of December 1919 25161645
Written or renewed during the year
55863202
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
81024847
39512967
41511880
200828
Net amount in force 41311052
Business in the State of Georgia During 1920
Gross risks writtenTiieZnZ
Less 330297 risks cancelled and 4500 re
insurance in Companies authorized in Georgia
Net risks written
Gross premiums on risks written
T p5 tfi 687 19 return premiums and ifizuiu
nremiumsfor reinsurance in Companies authorized in
Georgia
9919950
51674309
907253
1891065
64392577
51757270
116149847
70881122
153053113
223934235
118033066
105901169
2574694
103326475
Marine and
Inland
151731300
33479700
118251600
3320859
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
680729
2640130
1188718
1188718
1757518
1757518
MASSACHUSETTS FIRE AND MARINE INSURANCE COMPANY
93 Water Street Boston Mass
r president Walter Adlard Secretary
C G Smltines01fdeSusiness done in GeorgiaFire and Marine
Amount of paidup capital 0i458o6
Ledger assets Dec 31 1919 191745806
191745806
Extended at
Income
Gross premiums on new business 16551i 010
Deduct amount paid for insurance and return
premiums
24921328
Total premiums 7381840
Interest and rentsTZTJJm 1 49011
Profits on sale or increase by adjustment of assets 11
Other items150
Annual Report
Conscience money
Michigan surcharge previously charged off
Agents compensation including brokerage
From agents balances previously charged ofi
7500
15061
10687565
51873
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes licenses and fees
Inspections and surveys
Maps including corrections
Furniture and fixtures
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest 2
Agents balances net I
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance recoverable on paid losses
4588297
1984978
231474
270323
10761999
43214178
2349599 S4
72332843
1870596
4117659
6931426
536637
2195911
3000000
5807918
7075072
103868062
131091922
71995715
35141483
416274
11343699
12194751
131091922
838674
1480918
Total assets
Deduct Assets Not Admitted
Agents balances 433 73
Other items
Book value of bonds and stocks over market
13912298
value
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions 3 775 ng
Total amount of liabilities except capital
Capital actually paid in cash 50000000
14S0918
133411514
13955671
119455843
29 175 416
1958363
5000000
377506
36811285Insurance Departmentof Georgia
151
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
32644558
Business in ForceFire
Risks
In force on the 31st day of December 1919 123649215
Written or renewed during the year 102055243
Total 226184457
Deduct those expired and marked off as ter on1
minated 89197U8
In force at he end of the year icoqHvq
Deduct amount reinsured 13b9M3J
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919
Written or renewed during the year
86633912
Total 115050185
Deduct those expired and marked off as ter
minated 1006a980
In force at the end of the year
Deduct amount reinsured
14284205
14284205
82644558
119455843
Premiums
126464419
101609767
228074186
89362717
138711469
138711469
Premiums
76550118
63907243
140457361
109959961
30497400
30497400
Business in the State of Georgia During 1920
A Fire
Gross risks written 245649500
Less Fire 620695 cancelled and Marine o31
Fire 3059533 reinsurance in Companies au
thorized in Georgia
368022800
Net risks wri
Gross premiums on risks written 3418347
Less Fire 674692 return premiums and
Marine 197 Fire 2436367 premiums for
reinsurance in Companies authorized in Georgia 3111059
Net premiums received
Losses paid deducting salvage
Loss losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred 1
30728
1492119
319372
1172747
972900
90760
882140
Marine and
Inland
200000
tten 122373300
53100
146900
500
197
303
MECHANICS INSURANCE COMPANY
00502 Walnut Street Philadelphia Pa
Daniel H Dunham President John A SnyderSecretary
Attorney for service in GeorgiaA L Brooks Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Automobile
Amount of paidup capital I 25000000
Ledger assets Dec 31 1919 198220178
Increase of paidup capital during year 35000000
Extended at 152
Annual Report
Income
Gross premiums on new business 1 992 078 42
Deduct amount paid for insurance and return
premiums 5310007
Total premiums
Interest and rents lli8J783o
Profits on sale or increase by adjustment of assets 14400096
Other items juuuo
Deposit premiums written on perpetual risks 24 487 55
burplus paid in on increase in capital stock 385000 00
Assignment fees on perpetual policies 29950
40978705
Total income 180632285
Carried forward 4188B2483
Disbursements
Net amount paid policyholders for losses 459 757 05
Legal and administrative expenses in adjustment of claims loo7894
Commissions and allowances to agents SEE 014 A
Salaries of officers and employes 7noon
Rents and interest ggnfVg
Advertising printing postage telegrams etc 1969978
Paid policyholders for dividends 4Snnnn
Loss on sale and decrease by adjustment of aYsVts 1 17 33000
Otlier items no3iiuu
Field supervisory expenses 29 44 59
Furniture and fixtures including rent of and
repairs to same 3 150 k
Maps including corrections II 1996 82
Inspections and surveys including underwriters
boards and tariff assoc 22 48 7n
Federal and other taxes Z 6035757
Legal expenses excluding legal expenses on
losses 76
Agents balances charged off 4084
Miscellaneous expenses j i7125
Deposit premiums returned on perpetual risks 282190
Real estate expenses 593361
15336218
Total disbursements 104304451
Balance
309548035
Ledger Assets
Book value of real estate
Mortgage loans first lien SXiS1
Bonds at book value 00000
Stocks at book value 200000
Cash in office 22937500
Deposits at interest 106150
Agents balances net 5ft7
OtFler items 21311056
Bills receivable taken for fire risks 1 06 IE
Philadelphia Underwriters Assn deposit lOooO
116245
Total ledger assets as per balance No 23 3 095 480 35
T NonLedger Assets
Interest due and accrued
Market value of assets over book valui fiana J
Other items 1480623
Reinsurance recoverable on paid losses 2755587
Total assets
2755587
31 6816546Insurance Department of Georgia
153
Deduct Assets Not Admitted
Agents balances
Other items
Stocks and bonds
1882382
35951300
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
60000000
56454194
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 209630082
Written or renewed during the year 200713050
Total 410343132
Deduct those expired and marked off as ter
minated 137563565
In force at the end of the year 272779567
Deduct amount reinsured 56042953
37833682
278982864
12335761
146592909
800000
2800000
162528670
5 116454194
278982864
Premiums
204475968
192487817
396963785
133211921
263751864
62651340
Net amount in force 216736614 201100524
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 863727
Written or renewed during the year 5696971
Total I
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
6560698
2151969
4408729
4408729
Premiums
1408998
6720025
8129023
2695105
5433918
5433918
Net amount in force
Perpetual risks not included above
Deposit premiums on same
1436143100
34416724
Business in the State of Georgia During 1920
A Fire
Gross risks written 421655800
Less 1779910 risks cancelled and 370419
reinsurance in Companies authorized in
Georgia 189064600
Net risks written 232591200
Marine and
Inland
25968300
Gross premiums on risks written
Less 1178169 return premiums and 608818
premiums for reinsurance in Companies au
thorized in Georgia
4611346
1369538
25968300
417449
417449
Net premiums received
Losses paid deducting salvage
3241808
949551
374014154
Annual Report
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
4342
953S93
900716
57969
842
374084
420684
420684
THE MERCANTILE INSURANCE COMPANY OP AMERICA
76 Williams Street New York N Y
Cecil F Spallcross President R P Barbour Secretary
Attorney for service in GeorgiaE K McDowell Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Windstorm Ocean and
Inland Marine Automobile Explosion Riot Civil Commotion and
Invasion Leakage Aircraft Earthquake Hail Crops and Weather
Amount of paidup capital
Ledger assets Dec 31 1919
100000000
386781454
Extended at 5 386781454
Income
Gross premiums on new business 473097391
Deduct amount paid for insurance and return
premiums 345824981
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Conscience fund 500
227272410
15918421
268572
500
Total income 243459903
905
55
498
171
9
44
169
82263
39039
89355
50269
07731
59356
28164
Carried forward 630241357
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures including rent of and
repairs to same 721523
Maps inspections and surveys including Un
derwriters Boards and Tariff Assn 3845999
Federal taxes taxes licenses and fees 8838110
Agents balances charged off 4516
Incidental and petty expenses and various
small items unclassified 26170
Paid stockholders for dividends announced and
declared during the year cash
10000000
23436318
Total disbursements i 208910249
Balance 421331108
Ledger Assets
Bonds at book value 326704845
Stocks at book value 36721947Insurance Departmentof Georgia
155
Deposits at interest
Agents balances net
Other items
Reinsurance recoverable on paid losses
Authorized Companies
Unauthorized Companies
973530
4189
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Reinsurance recoverable on losses in unau
thorized Companies 4189
Book value of bonds and stocks over market
value 18158916
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash Scri
Surplus over all liabilities 94731551
Surplus protection to policyholders
Total liabilities
Business in the State of Georgia During 1920
A Fire
302548400
14437799
42488798
977719
421331108
4553122
425884230
1639486
18163105
19802591
406081639
26972871
176046103
2425023
5906091
211350088
194731551
406081639
Gross risks written
Less F 1287377 M 2000 risks cancelled and
F 88686 reinsurance in Companies author
ized in Georgia 1
Net risks written 1 164942100
137606300
Gross premiums on risks written
Less F 576902 M 36800 return premiums
and F 128033 premiums for reinsurance in
Companies authorized in Georgia
Net premiums received
2257910
704935
1552975
Marine and
Inland
1615000
200000
1415000
107850
oo
71050
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid 5
602966
167585
15547
435381
15547
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
766S96
167485
16087
599411
16087156
Annual Report
MERCANTILE MUTUAL FIRE INSURANCE COMPANY
10 Weybosset Street Providence R I
Alfred TJ Eddy President Walter R Pullen Secretary
Ledger assets Dec 31 1919 45028491
Extended at 45028491
Income
Gross premiums on new business 51706932
Deduct amount paid for reinsurance and return
premiums 4220737
Total premiums
Interest and rents
Other sources
Bank premiums on IT S funds deposited in Canada
Total income
Disbursements
Net amount paid policyholders
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for unabsorbed premiums
Other items
Travel and inspections
Taxes and Insurance Dept dues
Furniture
Legal
Miscellaneous
S 20703
648095
18736
12027
44212
Total disbursements
Balance
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Other items
Collateral loans 1001250
Total ledger assets as per balance No 23
NonLedger Assets
Book value over market value
Book value bonds in default
Total not admitted assets
1598867
100000
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
47486195
2071861
103406
49661462
Carried forward 94689953
1961568
5000
2005934
138356
304680
38452214
1543773
40811525
538
319
121
57
29
78428
98733
35034
74338
69073
1001250
53S78428
470898
Interest due and accrued
Total assets 54349336
Deduct Assets Not Admitted
1698867
52650459
378500
28812345
33969
680000
29904814Insurance Departmentof Georgia 157
Surplus protection to polieyholders 22745645
Total liabilities 52650459
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 56024503 45708609
Written or renewed during the year 62746096 51706932
Total 118770599 5 97415541
Deduct those expired and marked off as ter
minated 53573701 44596017
In force at the end of the year 65196898 52819524
Business in the State of Georgia During 1920
A Fire
Gross risks written 195996800
Less 429766 risks cancelled 4296600
Net risks written 153020200
Gross premiums on risks written 1680697
Less 1227580 return premiums 1227o80
Net premiums received 453117
Losses paid deducting salvage 49963
Net losses paid 49963
Losses incurred 133592
Net losses incurred 133592
MIIIERS KniUAI FIRE INSURANCE COMPANY OP TEXAS
Corner 10th and Monroe Streets Fort Worth Texas
B R Neal President Glen Walker Secretary
Attorney for service in GeorgiaD J Just Macon Ga
Kinds of business done in GeorgiaFire and Lightning
Ledger assets Dec 31 1919 74118940
Extended at 74118940
Income
Gross deposit premiums 119808413
Deduct amount paid for insurance and return
premiums 4250310
Total premiums 1 7IkHkr
Interest and rents 4155456
Other items
Net amount realized from the sale of material
removed from real estateibiii
Total income 81532793
Carried forward 155651733
Disbursements
Net amount paid polieyholders for losses S5JII
Legal and administrative expenses in adjustment of claims 5nK
Commissions and allowances to agents m3Sq
Salaries of officers and employes 8 985 02
Rents and interest ikm1
Advertising printing postage telegrams etc oift4RS7
Paid polieyholders for dividends
Other items
Field men salary and expense ionn
Furniture and fixtures oojTqK
Inspec Com Repts Sub Spec Adb 33449b158
Annual Report
Ins Prem Fed Mut Cos Taxes
Loss sale bonds 333 adj real estate 65000
1253886
65333
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at bock value
Deposits at interest
Agents balances net
Other items
Furniture and fixtures
Automobiles
531840
505274
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance recoverable on paid losses
Total assets
Deduct Assets Not Admitted
Furniture and fixtures 5318 40
Automobiles 505274
Book value bonds over market 32S700
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unpaid premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 43412067
Written or renewed during tlie year84792029
Total 5 12S204096
Deduct those expired and marked off as ter
minated 73401070
In force at the end of the year 54803026
Deduct amount reinsured 12751
Net amount in force
42051711
Business in the State of Georgia During 1920
Gross risks written
Less 161025 risks cancelled and 11000 re
insurance in Companies authorized in Georgia
Net risks written
Gross premiums on risks written
6320019
71372786
84278947
12347065
28886000
34485040
868604
2996219
1037114
84278947
765916
23424
S506S287
1365814
S3702473
8787717
29641289
132196
650000
39211202
44491271
S3702473
Premiums
71555018
119808413
191363431
112057695
79305736
20023158
59282578
A Fire
76521200
17202500
5931S700
1997486Insurance Department of Georgia
Less 336594 return premiums and 27125
premiums for reinsurance in Companies authorized in
Georgia
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
159
363719
1633767
2328736
2328736
1324657
1324657
MILWAUKEE MECHANICS INSURANCE COMPANY
First Wisconsin National Bank Building Southwest Corner Mason and h
Water Streets Milwaukee Wis
m tt vimker President R H Wilben Secretary
Chas H nker President GeorKiaW H Hill Atlanta Ga
Kinds of business done in GeorgiaFire Marine Tornado Automobile Ex
plosion Sprinkler Leakage Rents Use and Occupancy
Riot and Civil Commotion
Amount of paidup capital
Ledger assets Dec 31 1919
125000000
690238672
Extended at
Income
Gross premiums on new business 656674693
Deduct amount paid for insurance and return
premiums
212846836
Total premiums
Interest and rents r
Profits on sale or increase by adjustment of assets
Other items
690238672
443827857
31394214
230500
Conscience money
Increase in liabilities account of reinsurance
treaties
Agents balances previously charged off
7675
287542
130174
425391
475877962
1
Total income
1166116634
Carried forward w
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Inspections and surveys 6nMoa
Federal taxes iJqiifi4S
Taxes licenses and fees idiit4
Legal expenses excluding legal expenses on
losses
Agents balances charged off
Auditing
Entertaining
Gifts and donations
Funeral expenses
Insurance premiums Companys furn fixtures
88368902
4295318
99679435
36857092
1878681
8617903
1S750000
7000
7777315
2701
27818
416428
192572
25520
3000
11909160
Real estate taxes
Total disbursements
Balance
Annual Report
36260
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
ApTior toaooebSeriet SU riVWwni
Other items 555712
Deposit Milwaukee Board of Fire Underwriters
25794096
392025742
774090892
1420000
124956000
519078548
3619718
22611726
82295360
10000
Total ledger assets as per balance No 23
T NonLedger Assets
Interest due and accrued
Other items
Recoverable for reinsurance paid on losses
1582424
Total assets
Agents balances
Other items
Deduct Assets Not Admitted
555712
Book value of bonds and stocks over market
Total not admittedassetsIl 303S6S45
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Tluntmrus accounts lue ortctrdn
Other items
COonrtiraScecnrueCdmmiSSi0nS r the Carses cUe
Funds held under remsuT 2500000
10000
V74090892
J 6416529
1582424
782089845
S 30942557
751147288
49190205
413218047
500000
14500000
Reserved for dividends
irance treaties
1051877
3750000
Total amount of liabilities except capital
Captal actually paid in cash P rTKTnTi
Surplus over all liabilities w52222
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st dav of Decemh toio Fisks Premiu
Written or renewed aZ lIlTlSMS
Total
7301877
484710129
266437159
751147288
ms
55294
593175977
Deduct thoVeexpi7edandrn7rkedoffaster 1293615076 1310131271
minated
In force at tlie end of the year
425552552 432553955
868062524 8775tIi6Insurance Departmentof Georgia
Deduct amount reinsured 143280461
Net amount in force 724782063
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 17367497
Written or renewed during the year 238849274
Total 256216771
Deduct those expired and marked off as ter
minated 239748601
In force at the end of the year 16468170
Deduct amount reinsured s855219
Net amount in force 10612951
Business in the State of Georgia During 1920
A Fire
Gross risks written 7222949 00
Less 1088325 risks cancelled and 19375
Reinsurance in Companies authorized in
Georgia 105640000
Net risks written 616654900
Gross premiums on risks written 107115 00
Less 1607555 return premiums and 27499
premiums for reinsurance in Companies au
thorized in Georgia 1520124
Net premiums received 9191376
Losses paid deducting salvage 2391638
Net loses paid 2391638
Losses incurred 2628440
Net losses incurred 2628440
161
125362221
752215095
Premiums
14999943
63498716
78498659
58467091
20031568
3899201
16132367
Marine and
Inland
70532000
5130000
65402000
799902
114930
684972
220533
220533
421550
MINNESOTA IMPLEMENT MUTUAL FIRE INSURANCE COMPANY
211 North Cedar Street Awatonna Minn
F J Lake President C L Buxton Secretary
Attorney for service in GeorgiaT M Henry Atlanta Ga
Kinds of business done in GeorgiaFire and Tornado Insurance
Ledger assets Dec 311919 82429584
Extended at 82429584
Income
Gross premiums on new business 69912336
Gross renewal premiums 139824672
Deduct amount paid for insurance and return
premiums 74951490
Total premiums 134785518
Interest and rents 3535618
Other items
Commissions on mortgage loans 121150
Refund revenue stamps 171270
Increase in liabilities on account of re
insurance treaties 7273542
7565962
Total income 145887098
Carried forward 228316682162
Annual Report
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment ot claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest rZ
Advertising printing postage telegrams and taxes
Paid policvholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures Ilii 3
Miscellaneous
36434623
503487
16289171
7088683
312453
5817123
37S41800
351810
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Hills receivable
Due for reinsurance premiums
1969089
106628239
121688443 1200000 77550000 11503600 5111424 5540536 14814213
399531
5569139
596S670
Total ledger assets as per balance No 23 121688443
NonLedger Assets
2567779
Interest due and accruedm
0Due VoT reinsuring Companies for losses paid 804179
804179
Total assets
Agents balances
Total not admitted assets
Total admitted assets
Deduct Assets Not Admitted
127
125060401
12775
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Funds held under reinsurance treaties
125047626
6051166
74995083
83882
430000
1300000
273542
Total amount of liabilities except capital
Surplus protection to policyholders
7273542
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 fJ
Written or renewed during the yeari4ui
90133673
34913953
125047626
Premiums
117611795
209737008Insurance Departmentof Georgia
163
Excess of original premiums over amount re
ceived for reinsurance
Total 189050178
Deduct those expired and marked off as ter
minated 74927515
1054059
328405862
133408597
194997265
55723234
Xet amount in force 84506767 139274031
Business in the State of Georgia During 1920
In force at the end of the year
Deduct amount reinsured
114122663
29615896
Gross risks written
Less 369409 risks cancelled and 26243 reinsurance in
Companies authorized in Georgia s
Xet risks written
Gross premiums on risks written
Less 948074 return premiums and 33411 premiums for
reinsurance in Companies authorized in Georgia
Xet premiums received
Losses paid deducting salvage
Xet losses paid
Losses incurred
Xet losses incurred
A Fii
179892600
39565200
140327400
3066607 981485
2085122
1026970
1026970
1510823
1510823
NATIONAL BEN FRANKLIN FIRF INSURANCE COMPANY
120122 Ohio Street West Pittsburgh Pa
H M Schmitt President Thos A Hathaway Secretary
Attorney for service in GeorgiaHurt Quin Trust Company of Ga Bldg
Kinds of business done in GeorgiaFire Automobile Theft Collision and
Property Damage
Amount of paidup capital 100000000
Ledger assets December 31 1919 478595240
Extended at 478595240
Income
Gross premiums on new business 521386469
Deduct amount paid for insurance and return
premiums 185026866
Total premiums 336359603
Interest and rents 23656054
Profits on sale or increase by adjustment of assets 353009
Other Items
Agents balances previously charged off 33758
33758
Total income j 360402424
Carried forward 838997664
Disbursements
Xet amount paid policyholders for losses 134684849
Legal and administrative expenses in adjustment of claims 4612254
Commissions and allowances to agents 99821023
Salaries of officers and employes 13277352
Advertising printing postage telegrams etc 37692010164
Annual Report
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other Items
Deposit with Philadelphia Underwriters Assn
Collateral loans
18000000
205497
308292985
530704679
14318308
216891750
179497560
7507250
4269964
37346679
50943168
20000
19910000
Total ledger assets as per balance No 23 530704679
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance recoverable for losses paidi
Total assets
Deduct Assets Not Admitted
Agents balances 1689256
Other Items
Book value of bonds and stocks over market
value 5652537
5396461
1941692
760208
538803038
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to stockholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 100000000
Surplus over all liabilities 60134197
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 551616218
Written or renewed during the year 451196265
Excess of original premiums over amount re
ceived for reinsurance
7341793
531461245
3S262766
310629916
33500
22400866
371327048
160134197
531461245
Premiums
587965759
466247136
Total 1002812483
Deduct those expired and marked off as ter
minated 340482757
In force at the end of the year
Deduct amount reinsured
662329726
133337619
8571802
106278469 367989063
694795634 159564958
Net amount in force 528992107
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 11403405
535230676
Premiums
31597644Insurance Department of Georgia
165
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
23800762
35204167
16743486
18460681
720723
55139333
86736977
44039889
42697088
903809
Net amount in force
Business in the State of Georgia During 1920
A Fire
Gross risks written 597973900
Less 1917524 risks cancelled and 329813
reinsurance in Companies authorized in
Georgia t 211176200
17739958 41793279
Marine and
Inland
32840200
Net risks written 386797700
Gross premiums on risks written
Less 1885501 return premiums and 491751
premiums for reinsurance in Companies au
thorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid
7604698
1982989
5621709
2239115
240311
1998804
13557500
19282700
987435
394263
593172
471898
471898
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
Bonds
Total investments in Georgia
Investments in Georgia
3003658
681462
2322196
1000000
1055462
1055462
1000000
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD
95 Pearl Street Hartford Conn
H A Smith President S T Maxwell Secretary
Kinds of business done in GeorgiaFire Marine and all its branches
Amount of paidup capital 200000000
Ledger assets Dec 31 1919 2519058031
Extended at 2519058031
Income
Gross premiums on new business 2979748036
Deduct amount paid for insurance and return
premiums 1279684222
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Increase in liabilities during year on acount of
reinsurance treaties
From agents balances previously charged off
62749
151559
1700063814
98494210
657342
214308
Total income 1799429674
Carried forward 4318487705196
Annual Report
Disbursements
Net amount paid policyholders for losses 747626249
Legal and administrative expenses in adjustment of claims 21472338
Commissions and allowances to agents 367486406
Salaries of officers and employes 133590905
Rents and interest 11116617
Advertising printing postage telegrams etc 62695133
Paid stockholders for dividends 40000000
Loss on sale and decrease by adjustment of assets 44550929
Other items
Federal taxes 51833980
Taxes licenses and fees 76491583
128325563
Total disbursements 1559864140
Balance 2758623565
Ledger Assets
Book value of real estate 6868167S
Mortgage loans first lien 196462500
Bonds at book value 1621187511
Stocks at book value 130756521
Cash in office 233074
Deposits at interest 392759042
Deposits not at interest 15736138
Agents balances net 28S355702
Other items
Bills receivable 44409806
Due from departmental managers 41560
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Due from other Insurance Companies reinsurance
on fire losses paid see columns 1 and 3
schedule E page 10
44451366
2758623565
43319674
2038322
5193488
Total assets 2809175049
Deduct Assets Not Admitted
Agents balances 6071550
Hills receivable 8579818
Other items
Overdue and accrued interest on bonds in de
fault 20728767
Book value of bonds and stocks over market
value 62562835
Total not admitted assets
97942970
Total admitted assets 2711232079
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Funds held under reinsurance treaties 632405
Special reserve fund covering all contingent
liabilities 50000000
Total amount of liabilities except capital
187217607
1564551485
7000000
70000000
50632405
1879401497Insurance Department of Georgia 167
Capital actually paid in cash 200000000
Surplus over all liabilities 631830582
Surplus protection to policyholders 831830582
Total liabilities 2711232079
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 3333071254 3233314422
Written or renewed during the year 3019632173 2687461952
Excess of original premiums over amount re
ceived for reinsurance 42564
Total 6352703427 5920818938
Deduct those expired and marked off as ter
minated 2412162341 2198299530
In force at the end of the year 3940551086 3722519408
Deduct amount reinsured 1257007900 1009583789
Net amount in force 2683543186 27129356 19
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 113325797 173655954
Written or renewed during the year 369944189 292286084
Total 483269986 465942038
Deduct those expired and marked off as ter
minated 338055684 293212647
In force at the end of the year 145214302 172729391
Deduct amount reinsured 1246390 3484686
Net amount in force 143967912 160214705
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 3703162600 9587100
Less 8589728 risks cancelled and 2964108
reinsurance in Companies authorized in
Georgia 1148570200 6813400
Net risks written 2554592400 72773700
Gross premiums on risks written 38122782 698611
Less 6145999 return premiums and 875485
premiums for reinsurance in Companies au
thorized in Georgia 6941003 804SI
Net premiums received 31181779 618130
Losses paid deducting salvage 10186308 3173OS
Less losses on risks reinsured in Companies au
thorized in Georgia 182157
Net losses paid 10004151 317308
Losses incurred 11892063 545680
Less losses on risks reinsured in Companies au
thorized in Georgia 555098
Net losses incurred 11336965 545680168
Annual Report
NATIONAL LIBERTY INSURANCE COMPANY OP AMERICA
709717 Sixth Avenue New York N Y
Geo B Edwards President Louis O Spingstag Secretary
Attorney for service in GeorgiaSamuel C Williams 14011402 Fourth
National Bank Building Atlanta Ga
Kinds of bussines done in GeorgiaFire Marine Inland Marine Tourist
Baggage Sprinkler Leakage Explosion War Risk Tornado
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 998830172
Extended at 998830172
Income
Gross premiums on new business 1174965420
Deduct amount paid for insurance and return
premiums 4888430S3
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
From agents balances previously marked off 37006
Real estate 23830000
15 shares Southern Adjustment Bureau stock 75000
Bonds 933850
Conscience money 6640
Stocks 277448
686122357
46561156
4769850
25159944
Total income 762616307
Carried forward 1761446479
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes etc 21703979
Bonds 2159875
Stocks 2386500
Agents balances charged off 6819
276691119
18475084
146708626
65393332
6863663
46664314
22500000
41247707
Total disbursements
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance on losses paid
26257173
650801018
1110645461
13S360000
443464700
267493300
728061
90814782
169784618
1110615161
9077035
79717950
12675117
Total assets 1212115563Insurance Departmentof Georgia
169
Deduct Assets Not Admitted
Agents balances 5012619
Total not admitted assets
Total admited assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 100000000
Surplus over all liabilities 350595742
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 1243485681
Written or renewed during the year 1068605266
Excess of original premiums over amount re
ceived for reinsurance
Total 2312090947
Deduct those expired and marked off as ter
minated 792480357
5012619
1207102944
68438658
662568544
3000000
22500000
756507202
450595742
1207102944
Premiums
1220809370
1038995185
377548
2260182103
773292190
In force at the end of the year 1519610590
Deduct amount reinsured 330385700
Net amount in force 1189224890
Business in ForceMarine and Inland
Risks
37435010
96681536
134116546
80632388
14868S9913
341987516
In force on the 31st day of December 1919
Written or renewed during1 the year
1144902397
Premiums
I 89885444
135970235
Total
Deduct those expired and marked off as ter
minated
225855679
139772875
In force at the end of the year
Deduct amount reinsured
53484158
9291866
Net amount in force 44192292
Business in the State of Georgia During 1920
A Fire
Gross risks written 1589428000
Less 3615581 risks cancelled and 834100
reinsurance in Companies authorized in
Georgia 439672700
Net risks written 11497553
22608191
Gross premiums on risks written
Less 3727526 return premiums and 770758
premiums for reinsurance in Companies au
thorized in Georgia
86082804
6062856
80019948
Marine and
Inland
51138000
5295400
45842600
1256879
4290428
205456
Net premiums received 18317763
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
5856395
1051423
1324678170 Annual Report
thorized in Georgia 199489
Net losses paid 5659606
Losses incurred 6935902
Less losses on risks reinsured in Companies au
thorized in Georgia 199489
Net losses incurred 6736413
Investments in Georgia
Bonds 1000000
Total investments in Georgia
1324678
1928548
1928548
1000000
NATIONAL FIBE INSURANCE COMPANY
17 Custom House Street Providence H I
Starkweather Shepley Inc U S Managers
Attorney for service in GeorgiaLeo F Nadeau Atlanta Ga
Kinds of business done in GeorgiaFire and Lightning Insurance
Statutory deposit 20000000
Ledger assets Dec 31 1919 147430752
Extended at 147430752
Income
Gross premiums on new business 258430372
Deduct amount paid for insurance and return
premiums 161732100
96698272
4672133
27000
Total premiums
Interest and rents
Fronts on sale or increase by adjustment of assets
Total income t 101397405
Carried forward 248828157
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes1
Advertising printing postage telegrams etc
Other Items
Inspections and surveys
Federal taxes
Taxes licenses and fees
Auditing accounts 1919
Remittances to home office
47718067
S70759
33880215
4 6529
46528
1027467
3755194
2626777
20001
2575000
10004439
Total disbursements 92566567
Balance 156261590
Ledger Assets
Bonds at book value S 1209HI
stocks at book value
Deposits at interest
Agents balances net
Other Items
Cash deposited with Philadelphia Underwriters Assn 20000
Total ledger assets as per balance No 23 156261590
NonLedger Assets
Interest due and accrued t 1468053
10000
7219961
28046912Insurance Department of Georgia
171
Reinsurance due from other Companies per schedule E
Total assets
632346
158361989
Deduct Assets Not Admitted
Book value of bonds and stocks over market
value
12710002
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued estimated
Total amount of liabilities except capital
Capital deposit 20000000
Surplus over all liabilities 26718535
Surplus protection to policyholders
12710002
145651987
14480082
73021976
8681394
2750000
98933452
46718535
Total liabilities 145651987
Business in ForceFire
Risks
Tn force on the 31st day of December 1919 228985073
Written or renewed during the year 271686434
Total 500671507
Deduct those expired and marked off as ter
minated 219964750
In force at the end of the year
Deduct amount reinsured
280706757
142818117
Premiums
226834294
258430372
485264666
210073816
275190850
141534699
Net amount in force 137888640
Business in the State of Georgia During 1920
Gross risks written
Less 2562580 risks cancelled and 2456806
reinsurance in Companies authorized in Georgia
Net risks written
Gross premiums on risks written
Less 2137391 return premiums and 3556956 premiumsfor
reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses paid
Losses incurred i
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses incurred
133656151
A yire
951780600
501938600
449842000
12758473
5694347
7064126
3122997
106230
3016767
4109427
106556
4002871
Investments in Georgia
Bonds 1000000
Other Items
Southern Adjustment Bureau Atlanta Ga 10000
Total investments in Georgia
1010000172
Annual Report
UATIONALE FIRE INSURANCE COMPANY OP PARIS PRANCE
17 Custom House Street Providence R I
Starkweather Shepley Inc TJ S Managers
Attorney for service in GeorgiaLeo F Nadeau Atlanta Ga
Kinds of business done in GeorgiaFire and Lightning Insurance
Amount of statutory deposit 20000000
Ledger assets Dec 31 1919 147430752
Extended at 147430752
Income
Gross premiums on new business 258430372
mce and return
161732100
Deduct amount paid for insurance and return
premiums
96698272
4672133
27000
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Total income 101397405
Carried forward 248828157
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Advertising1 printing postage telegrams etc
Other Items
Inspections and surveys
Federal taxes
Taxes licenses and fees 2626777
Auditing accounts 1919 20001
Remittances to home office 2575000
47718067
870759
33880245
46529
46528
1027467
3755194
10004439
Total disbursements 92566567
Balance 156261590
Ledger Assets
Bonds at book value S 120964717
Stocks at book value 10000
Deposits at interest 7219961
Other Items
Cash deposited with Philadelpria Underwriters Assn 20000
Total ledger assets as per balance No 23
NonLedger Assets
156261590
1468053
632346
Interest due and accrued
Other Items
Reinsurance due from other Companies per schedule E
Total assets 15836198
Deduct Assets Not Admitted
Other items
Book value of bonds and stocks over market
value i
12710002
Total not admitted assets 12710002
Total admitted assets 145651987
Liabilities
Net amount of unpaid losses and claims 14480082
Reserves or unearned premiums on risks outstanding
Other Items
Estimated amount federal taxes 2750000
73021976Insurance Department of Georgia 173
Contingent commissions due or accrued 868139 4
11431394
Total amount of liabilities except capital 989 334 5
Capital deposit 20000000
Surplus over all liabilities 26718535
Surplus protection to policyholders 46718535
Total liabilities 145651987
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 228985073 2268 342 94
Written or renewed during the year 271686434 2584i30372
Total 500671507 485264666
Deduct those expired and marked off as ter
minated 219964750 210073816
In force at the end of the year 280706757 275190850
Deduct amount reinsured 142818117 141534699
Xet amount in force 137888640 133656151
Business in the State of Georgia During 1920
Risks Premiums
Gross risks written 9517S0600
Less 2562580 risks cancelled and 2456806 reinsurance in
Companies authorized in Georgia 501938600
Xet risks written 449842000
Gross premiums on risks written 12758473
Less 2137391 return premiums and 3556956
premiums for reinsurance in Companies au
thorized in Georgia 5694347
Net premiums received 7064126
Losses paid deducting salvage 3122997
Less losses on risks reinsured in Companies authorized in
Georgia 106230
Xet losses paid 3016767
Losses incurred 4109427
Less losses on risks reinsured in Companies authorized in
Georgia 106556
Net losses incurred 4002871
Investments in Georgia
Bonds 1000000
1000000
Total investments in Georgia 1000000
THE NATIONAL MUTUAL INSURANCE COMPANY
1281j W Market Street Celina Ohio
1 D Johnson President E J Brookhart Secretary
Attorney for service in GeorgiaJ D Riley Georgia Savings Bank Building
Atlanta Ga
Kinds of business done in GeorgiaFire
Ledger assets Dec 31 1919 14418783
Guaranty fund 5000000
Extended at 39418783174
Annual Report
Income
Gross premiums on new business 30302155
Deduct amount paid lor insurance and return
premiums 4645370
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures 544831
Taxes federal 252446
Taxes licenses and fees 194212
Legal expenses 31454
Investment office expense Insurance and
office supplies 58575
25656785
455632
36900
26149317
45568100
9875585
100140
6486389
2119840
8745
508056
179075
6650
10S151S
20365998
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest 4 savings
Deposits at interest ck 2
Agents balances net
Other Items
Bills receivable not due
Total ledger assets as per balance No 23 25202102
NonLedger Assets
Interest due and accrued 5 15i6Sl
25202102
17213250
1495000
2000
180111
1576SS9
4239917
494900
Total assets
25359783
Deduct Assets Not Admitted
Bills receivable not due
Total not admitted assets
Total admitted assets
494900
494900
218648S3
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other Items
Contingent commissions or other charges due
or accrued
Total amount of liabilities except capital
Guaranty fund 5000000
Surplus over all liabilities 4094139
1472222
12742115
72 425
1483971
15770744
Surplus protection to policyholders 9094139
Total liabilities 24864883Insurance Department of Georgia
Business in ForceFire
Risks
In force on tne 31st day of December 1919 735430
Written or renewed during the year 2411352
Total 3146782
Deduct those expired and marked off as ter
minated 432282
In force at the end of the year 2714500
Deduct amount reinsured 345600
Xet amount in force 2368900
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 31478258
Written or renewed during the year 19313363
Total 50791621
Deduct those expired and marked off as ter
minated 33538056
In force at the end of the year 17253565
Deduct amount reinsured 459381
Net amount in force 16794184
175
Premiums
1098037
3811127
4909164
1590269
3318895
366068
2952827
Premiums
21630887
26491028
48121915
25057726
23064189
532786
22531 403
NATIONAL UNION ASSURANCE SOCIETY
437 Michigan Street Toledo Ohio
D A Helpman President B A Myers Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
Mortuary funds 8312658
Reserve funds 84151512
Annuity funds 1932782
Expense funds 38652155
Other funds viz Protection Building 4942365
Total 137994472
Income
Membership fees actually received
Expense funds 3700
Total 3700
All other assessments and premiums
Mortuary funds 147761107
Expense funds 69787781
Other funds viz Protection fund 103732333
Total 321281221
Other payments by members
Dues and per capita tax expense 558305
Chg beneficiary expense 30750
Reg socials expense 100
Totals 589155
Total received from members
Mortuary funds 147761107
Expense funds 70380636
Other funds viz Protection fund 103732333
Total 321874076
Deduct payments returned
Protection fund 47555
Expense fund 65048
Total 112603
Xet amount received from members
Mortuary funds 147761107
Expense funds 70315588176
Annual Report
Other funds viz Protection fund 103684778
Total 321761473
Interest and rents received
Mortuary 570992
Reserve 3469580
Protection 2016640
Expense 265376
Total 6322588
Profit on sale or increase by adjustment of assets
Reserve 9281
Protection 146176
Total 155457
All other income
Expense 153863
Reserve 15000000
Protection 63240
Mortuary 135000
Total 15352103
Grand total income
Mortuary funds 148467099
Reserve funds 18478861
Expense funds 70734827
Other funds viz Protection fund 105910834
Total income all funds 343591621
Amounts carried forward
Mortuary funds 156779757
Reserve funds 102630373
Expense funds 72667609
Other funds viz Protection fund 144562989
Building fund 4945365
Total amount carried forward 481586093
Disbursements
Net amount paid for losses
Mortuary funds 184100329
Protection fund 54033075
Total i 238133404
Legal and administrative expenses in adjustment of claims
Expense fund 43265
Total 43265
Commissions and allowances to deputies and organizers
All expense 44903597
Salaries of officers and employees 9649858
Rents and interest
Reserve funds i 260000
Expense funds 1024750
Total 12S4750
Advertising printing postage telegrams etc
Expense funds 3054551
Total 3054551
Loss on sale or decrease by adjustment in assets
Reserve fund 1118826
Protection fund 162S3
Total 1135109
Otber disbursements
Expense 8177216
Reserve 88515
Total 8265731Insurance Department of Georgia
177
Total disbursements
Mortuary funds
Reserve funds
Expense funds
Other funds viz Protection
184100329
1467341
66853237
54049358
Grand total disbursements
Balance before transfers
Mortuary funds 27320572
Reserve funds 101163032
Annuity funds 5814372
Protection fund 90513631
Building fund 4945365
306470265
175115828
Balance 175115828
Summary of Transfers
Mav 18From Equalization Fund to Benefit Mortuary Fund 4500000
May 24From Equalization Fund to Benefit Mortuary Fund 5000000
june 14From Equalization Fund to Benefit Mortuary Fund 2500000
July 9From Equalization Fund to Benefit Mortuary Fund 5000000
Sept 3From Equalization Fund to Benefit Mortuary Fund15000000
Dec 31From Building Fund to Expense Fund 4945365
Ledger Assets
Book value of real estate
Bonds at book value
Deposits at interest
Other Items
Premium loans secured by reserve
10942136
141789389
22361918
2238
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
Other Items
Market value of real estate over book value
Assessments actually collected by Subordinate Lodges
Not yet turned over to Supreme Lodge
Total assets
Deduct Assets Not Admitted
Book value of bonds over market value 3519889
22385
175115828
1850524
1500000
18880476
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other Items
Borrowed money 15000000
Interest due and accrued on same 40000
Total liabilities
Business in Force
In force December 31st 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year
In force December 31 1920
197346828
3519889
193826939
24050000
2070158
58013
15040000
41218171
7518541200
391221600
7909762800
772304800
7137458000178 Annual Report
Business in Georgia
In force December 31st 1919 190302200
Issued revived or increased 200000
Sum 190502200
Deduct ceased to be in force during the year 37202200
In force December 31 1920 153300000
Net losses paid during the years 6800000
Net losses incurred during the year 6300000
NATIONAL UNION TIRE INSTJBANCE COMPANY
Chamber of Commerce Building Pittsburgh Pa
E E Cole President Wm G ArmstrongSecretary
Attorney for service in GeorgiaCarleton Y Smith
Kinds of business done in GeorgiaEire Tornado and Automobile
Amount of paidup capital 130000000
Ledger assets December 31 1919 645443792
Increase of paidup capital during year 30000000
Extended at 675443792
Income
Gross premiums on new business 1019492320
Deduct amount paid for insurance and return
premiums 433669860
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Surplus paid in 15000000
Agents balances previously charged off 60079
585822460
27565827
574325
Total income 629022691
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Faid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses
Taxesfederal state county etc
Outlays made on unlisted assets
Real estate expenses
Agents balances charged off
Total disbursements
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for fire risks
1304466483
222433975
6620128
133076720
25559202
12605267
13200387
12772500
17214
21833815
25703173
50000
28586
45463
5 473946430
830520053
24700000
523318026
73558744
1960846
71014909
779682
88780508
19167594Insurance Department of Georgia
179
Amount recoverable for reinsurance on paid losses
27239744
830520053
8738154
Total assets 839258207
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Deduct Assets Not Admitted
4912637
11932270
Agents balances
Bills receivable
Other items
Overdue accrued interest on bonds in default 171250
Book value of bonds and stocks over market
value 33921075
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Keserve or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Other Items
Estimated amount hereafter payable for taxes based on
business of year in statement
Contingent commissions or other charges due or accrued
Special reserve for contingencies
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
130000000
80461565
50937232
788320975
69298629
486060781
500000
20000000
1000000
1000000
577859410
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 855609856
Written or renewed during the year 891418110
Excess of original premiums over amount re
ceived for reinsurance
Total 1747027966
Deduct those expired and marked off as ter
minated 691461301
In force at the end of the year 1055566662
Deduct amount reinsured 285752903
Net amount in force 769813759 8617328
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 7133694
Written or renewed during the year 37348208
210461565
i 788320975
Premiums
923309909
986266955
611855
1910188719
731622211
1178566508
316833700
Premiums
21892591
33225365
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured

44481902
36402637
8079265
3255134
Net amount in force 4824131
Business in the State of Georgia During 1920
A Fire
Gross risks written 1099815200
55117956
34108244
21009712
8873700
12136012
Marine and
Inland
217327000
180 Annual Report
Less 2087845 Are and 584223 M I risks
cancelled and 96793 Are reinsurance in Com
panies authorized in Georgia 218463800 5S422300
Net risks written 881351400 158904700
Gross premiums on risks written 18374999 1637595
Less fire 6007097 M I 301035 return
premiums and 167151 premiums for re
insurance in Companies authorized in Georgia 6174228 301035
Net premiums received 12200771 1336560
Losses paid deducting salvage 4S60963 58S012
Less losses on risks reinsured in Companies au
thorized in Georgia 106128
Net losses paid 4754835 588012
Losses incurred 4289773 2396975
Less losses on risks reinsured in Companies au
thorized in Georgia 106128
Net losses incurred 4183645 2396975
NEWARK FIRE INSURANCE COMPANY
41 Clinton Street Newark N J
A R Monroe President T L Farquhar Secretary
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 337317962
Increase of paidup capital during year 158500
Extended at 337476462
Income
Gross premiums on new business 562627102
Deduct amount paid for insurance and return
premiums 279220731
Total premiums 2S3406371
Interest and rents 15386804
other sources
Agents balances previously charged off 302
Total income 298793477
Carried forward 636269939
I Msbursements
Net amount paid policyholders for losses 123813274
Legal and administrative expenses in adjustment of claims 3364170
Commissions and allowances to agents 55837336
Salaries of officers and employes 2144729S
Rents and interest 3 2531725
Advertising printing postage telegrams etc 9038262
Loss on sale and decrease by adjustment of assets 110000
Other items
Taxes and board charges 18659026
Real estate expenses 1426566
Agents balances charged off 60215
Dividends paid 2192075
22637S82
Tbtal disbursements 238779947
Balance 397489992
Ledger Assets
Book value of real estate 18622647Insurance Departmentof Georgia
181
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Deposit Philadelphia Fire Underwriters Assn
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Recoverable on losses already paid
Total assets
Deduct Assets Not Admitted
Agents balances 1394678
Other items
Market value of assets under book value i48ajoo
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Dividends leclared but unpaid
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
28349778
231634498
43538613
210708
28320198
46783550
30000
397489992
26604X
7691371
407841855
16293234
391548621
34875595
212777623
1350000
6800000
50000000
85664858
Surplus protection to policyholders
Total liabilities
Business in ForceFire
80545
Risks
In force on the 31st day of December 1919 89i
Written or renewed during the year 501644Cdl
Total 943188714
Deduct those expired and marked off as ter
minated 386416337
In force at the end of the year 56772377
Deduct amount reinsured
Net amount in force 381712141
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919
13326604
354631901
Written or renewed during the year
Total i 367958505
Deduct those expired and marked off as ter 1K000sn
minated di
26358525
1944157
255883763
135664858
391548621
Premiums
440291753
489390031
929681784
393581010
536100774
180490741
355610033
Premiums
26994493
73237071
100231564
63238532
36993032
1236731
In force at the end of the year
Deduct amount reinsured
Net amount in force 24414368 35756301182 Annual Report
Business in the State of Georgia During 1920
A Fire Marine and
r Inland
Gross risks written 551724600 11567000
Less 2415116 risks cancelled and 1488214
reinsurance in Companies authorized in
Georgia 385875500 4457500
Net risks written 165849100 7109500
Gross premiums on risks written 67476 58 3 075 34
Less 2084134 return premiums and 2413994
premiums for reinsurance in Companies au
thorized in Georgia 4388860 109268
Net premiums received 235879S 198266
Losses paid deducting salvage 4980758 1 385 65
Less losses on risks reinsured in Companies au
thorized in Georgia 3812191
Net losses paid 1168567 138565
Losses incurred 4950058 2720 65
Less losses on risks reinsured in companies au
thorized in Georgia 3806591
Net losses incurred 1143467 272065
THE NEW BRUNSWICK FIRE INSURANCE COMPANY
6672 Bayard Street New Brunswick N T
Chardes D Ross President E B Wycoff Secretary
Attorney for service in GeorgiaL C Quin Atlanta Ga
Kinds of business done in GeorgiaFire Auto Tornado
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 250939460
Extended at 250939460
Income
Gross premiums on new business 367254389
Deduct amount paid for insurance and return
premiums 208252714
Total premiums 159001675
Interest and rents 10972207
Profit on sale or increase by adjustment of assets 1470387
Total income 171444269
Carried forward 4 223 S37 29
Disbursements
Net amount paid policyholders for losses 1144879 63
Legal and administrative expenses in adjustment of claims 2670791
Commissions and allowances to agents 30823369
Salaries of officers and employes 22ls0941
Rents and interest 9056 28
Advertising printing postage telegrams etc 35619 44
Paid stockholders for dividends 69 996 50
Loss on sale and decrease by adjustment of assets 1826 25
Other items lSMOOfST
Total disbursements 1 949 029 98
Balance 227480731
Ledger Assets
Book value of real estate oqo OOO 00
Mortgage loans first lien 31855000 other than first lien
lien 21000 00 33955000
Bonds at book value 624 621 00Insurance Departmentof Georgia
183
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Deposit with Philadelphia Underwriters
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Schedule E column 1 and 3
Total assets
Deduct Assets Not Admitted
Agents balances
Total not admitted assets
35581
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions
86240815
1099524
10368021
13345271
10000
227480731
969777
2451985
600570
600570
231503063
35581
231467482
30921653
124555058
500000
3700000
300000
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
50000000
21490771
300000
159976711
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 285 126 107
Written or renewed during the year 29llbbbi4
Total 576292721
Deduct those expired and marked off as ter ofi
minated 235219081
Tn force at the end of the year 34073q640
Deduct amount reinsured l4UiiuJ
Net amount in force 200082701
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 17118804
Written or renewed during the year nsvitsi
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
71490771
231467483
Premiums
314474510
295577787
610052297
250989995
359062302
169337425
189724877
Premiums
44799776
71676602
116476378
66796011
49680367
7654009
Net amount in force
41513541
24631578
16881963
3343161
13538802 42026358184 Annual Report
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 612377100 293603700
Less 3197044 risks cancelled and 185869 re
insurance in Companies authorized in Georgia 268271500 70019800
Net tisks written 344105600 226283900
Gross premiums on risks written 8592788 6119559
Less 3528117 return premiums and 498334
premiums for reinsurance in Companies au
thorized in Georgia 2674857 1351594
Net premiums received 5917929 4767965
Losses paid deducting salvage 2897708 4509026
Less losses on risks reinsured in Companies au
thorized in Georgia 1327984 461980
Net losses paid 1569724 4047046
Losses incurred 3497231 6328427
Less losses on risks reinsured in Companies au
thorized in Georgia 1755593 413877
Net losses incurred 1741638 5914550
NEW HAMPSHIRE FIRE INSURANCE COMPANY
156 Hanover Street Manchester N H
Frank W Sargent President George W Swallow Asst Secretary
Amount of paidup capital 175000000
Ledger assets Dec 31 1919 850803546
Increase of paidup capital during year 25000000
Extended at 875803546
Income
Gross premiums on new business 832995102
Deduct amount paid for insurance and return
premiums 294932630
Total premiums 538062472
Interest and rents 43348609
Profits on sale or increase by adjustment of assets 423150
Total income 581834231
Carried forward 1457637777
Disbursements
Net amount paid policyholders for losses 235045035
Legal and administrative expenses in adjustment of claims 4091804
Commissions and allowances to agents 136616815
Salaries of officers and employes 25937094
Rents and interest 1633263
Advertising printing postage telegrams etc 19495989
Paid stockholders for dividends 3959600
Loss on sale and decrease by adjustment of assets 178130 02
Clfher items
Expenses of field men 6700911
Traveling expenses of executives 1062557
Federal taxes 9887145
Other taxes licenses and fees 16260803
Agents balances charged off 146S4
33926100
Total disbursements 49S5 187 02
Balance j 959119075Insurance Departmentof Georgia
185
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Casb in office
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance due on losses paid
4886471
Total assets
20430960
630750
645351392
180500074
202345
33882520
78121034
959119075
8847298
55638127
4486471
1028090971
Deduct Assets Not Admitted
Agents balances
Total not admitted assets
Total admitted assets
368301
368301
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions or other charges due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
175000000
262358284
1027722670
69973653
482347933
7042800
4500000
24000000
2500000
590364386
Surplus protection to policyholders 437358284
Total liabilities
Business in the State of Georgia During 1920
A Fire
Gross risks written 0 86836300
Less 1406051 risks cancelled and 4902742
reinsurance in Companies authorized in
Georgia J
Net risks written 960297000
Gross premiums on risks written 13095154
Less 1581843 return premiums and 3527308
premiums for reinsurance in Companies au
1027722670
Marine and
Inland
15242600
4340000
10902600
408362
thorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid
Losses incurred ZZT
Less losses on risks reinsured In Companies au
thorized in Georgia
4990390
8104764
4791327
671924
4119403
4894708
1438898
118761
289601
55424
55424
292724
Net losses incurred
3455810 I 292724186
Annual Report
NEW JERSEY INSURANCE COMPANY
40 Clinton Street Newark N J
Jacob R Hall President J Y Milne Secretary
Kinds of business done in GeorgiaFire Tornado Sprinkler Leakage
Automobile
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 281789709
Extended at 281789709
Income
Gross premiums on new business 313119093
Deduct amount paid for insurance and return
premiums 273101388
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Agents balances charged off 136333
Borrowed money 37500000
40017705
17880322
4659192
37636333
Total income 100103552
Carried forward 381983261
Disbursements
Net amount paid policyholders for losses J 110067436
Legal and administrative expenses in adjustment of claims 1956027
Commissions and allowances to agents 9791321
Field supervisory salaries and expenses 7634552
Salaries of officers and employes 9967344
Rents and interest 1848312
Advertising printing postage telegrams etc 4692325
Paid policyholders for dividends 5000000
Loss on sale and decrease by adjustment of assets 7993502
Other items
Real estate expenses 2603365
Federal taxes and all other taxes 8313849
Investment expense 1401
Legal expenses 116095
Total disbursements
11034710
150402887
Balance 231580374
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Fire Underwriters of Philadelphia
27100172
15370000
84021355
75338450
50000
10403579
19286818
10000
10000
Total ledger assets as per balance No 23 2315 803 74
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Expenses recoverable from United British 19 619 90
Interest due on 198000 U S Liberty Bonds sold December
1480196
5993825Insurance Department of Georgia
187
31 1920
Reinsurance recoverable on paid losses
107525
5382394
Total assets
Deduct Assets Not Admitted
Agents balances 2567045
Other items
Overdue and accrued interest on bonds in de
fault 66767
Bonds and stocks over market value 8766601
Total not admitted assets
7451909
246506304
11400413
Total admitted assets 235105891
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Interest due or accrued 506o
Contingent commissions 500000
Borrowed money 37500000
Reserve for depreciation of securities 23014807
30919426
9354977
200000
3500000
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
100000000
30066056
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 248475096
Written or renewed during the year 235533882
61065432
105039835
130066056
235105891
Total 484008978
Deduct those expired and marked off as ter
minated 190328952
In force at the end of the yearr 293680026
Deduct amount reinsured 284135072
Net amount in force
Premiums
250243367
244109784
494353151
220093086
274260065
264215782
9544954 10044283
Business in ForceMarine and Inland
Risks
15928515
27419957
16513157
In force on the 31st day of December 1919
Written or renewed during the year Marine
Written or renewed during the year Auto
Deduct those expired and marked off as ter
minated
59861629
46034279
13827350
In force at the end of the year
Deduct amount reinsured
Premiums
35505039
29391750
39617559
104514348
65487484
39026864
29789098
2607239
Net amount in force
Business in the State of Georgia During 1920
A Fire
9237766
Gross risks
written 605504200
Marine and
Inland
52155800188 Annual Report
Less risks cancelled 332470900 22472100
Net risks written 273033300 29683700
Gross premiums on risks written 8291664 13941S4
Less return premiums 4299275 338631
Net premiums received 3992389 1055553
Losses paid deducting salvage 3859348 1964343
Less losses on risks reinsured in Companies au
thorized in Georgia 1811609 294673
Net losses paid 2047739 1669670
Losses incurred 3816748 2092343
Less loses on risks reinsured in Companies au
thorized in Georgia 1772509 298173
Net losses incurred 2044239 1794170
NEW ZEALAND INSURANCE COMPANY limited
334 California Street San Francisco Cal
Walter M Speyer U S Manager
Kinds of business done in GeorgiaFire
Ledger assets Dec 31 1919 205925623
Extended at 205925623
Income
Gross premiums on new business 264996835
Deduct amount paid for insurance and return
premiums 95478370
Total premiums 169518465
Interest and rents 9203228
Other sources
Remittance from head office 8837561
Total income 187559254
Carried forward 393484877
Disbursements
Net amount paid policyholders for losses 64242098
Legal and administrative expenses in adjustment of claims 982310
Commissions and allowances to agents 35721890
Salaries of officers and employes 16402719
Rents and interest 1058437
Advertising printing postage telegrams etc 3940473
Loss on sale and decrease by adjustment of assets 153002
Other items
Agents balances charged off 28877
Field supervisory expenses 2780582
Furniture fixtures and maps 2390572
Taxes surveys and boards 7940192
Head office supervisory expense 2093882
Remittance to head office 9612698
Real estate expense 753751
25571677
Total disbursements 148101483
Balance 245383394
Ledger Assets
Book value of real estate 21780600
Bonds at book value 187622112Insurance Department oj Georgia
189
Stocks at book value
Cash in office
Deposits not at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
recoverable for reinsurance on losses paid
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Book value of bonds over market value
263647
4553990
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstandin
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions
Unpaid return premiums
1500000
1761040
40000000
55622468
Statutory deposit capital
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 125123667
Written or renewed during the year iViaxoV9i
Excess of original premiums over amount re
ceived for reinsurance
8750
10000
9696656
26265276
245383394
1697632
4210400
1866446
253166872
4817637
248349235
29524538
116174234
50000
3716955
3261040
95622468
248349235
Premiums
I 165514246
239090097
216769
328442618
135810101
192632517
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
S 162209650
Net amount in forceT
Business in ForceMarine and nland
In force on the 31st day of December 1919
Written or renewed during the year
404821112
167053207
237767905
38666289
199101616
68032541
Total
69970820
Deo1jcttnoseexpiredand marked off as ter 66259819
mainated
In force at the end of the year
Deduct amount reinsured
Net amount in force
Business in the State of Georgia During 1920
Premiums
580544
25906738
26487282
22383105
4104177
374589
2709054 3729588
3711001
1001947
Gross risks written rance jn
Less 878431 risks cancelled and l0oS8Oi remsuia
A Fire
394727200190
Annual Report
Companies authorized in Georgia
Net risks written
Gross premiums on risks written
Less 6 88735 return premiums and 1078284 premiums for
reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
oeorgia
Net losses paid
Losses incurred
Less losses on risks reinsured in CompaniesauthorTzedTn
Georgia
193723600
201003600
4799122
1767019
3032103
1037509
403756
633753
Net losses incurred
Investments in Georgia
Bonds par value 10000 market value 940000
Total investments in Georgia market value
1048409
32756
1015653
940000
O E Lane
NIAGARA FIRE INSURANCE COMPANY
123 William Street New York Citv N Y
President Chas A Lunq
Amount of paidup capital 2 000 000 00
Ledger assets December 31 1919 11790 24321
Increase of paidup capital during year Ioboj5ooo0
Extended at
Secretary
Income
Gross premiums on new business 17 658 313 36
Deduct amount paid for insurance and return
premiums 759003356
1279024321
Total premiums
Interest and rents
Profits on sale or increase by adjustment ofassets
Other sources
Premiums on capital stock subscriptions 2 325 00
Trom agents balances previously charged off 134S9i46
10
06827980
61985207
864180
1581446
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures 40 rc
Maps including corrections isfinQQ
Inspections and surveys 99fiQccno
Federal taxes 2J 5
Taxes licenses and fees Lf
Legal expenses 7sk i
Agents balances charged off 1461553
1071258813
23502S3134
4
1
09402052
9000661
97897900
00579117
5618738
19710281
4916700Insurance Departmentof Georgia
191
N Y State income tax retention
Paid stockholders for dividends
139476
25000000
Total disbursements
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for Are risks
Losses and loss expenses recoverable on paid
losses
89192665
836318114
1513965020
9600000
671218296
543983883
768727
110681600
891598
162257260
531011
14032645
14563656
Total ledger assets as per balance No 23 1513965020
NonLedger Assets
9247014
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 37lfitll
BUls receivable
Ocher items
Book value of bonds and stocks over market
value
1523212034
176079
Total not admitted assets 3923354
Total admitted assets 1519288680
Liabilities
Net amount of unpaid losses and claims 1 219 91900
Reserves or unearned premiums on risks outstanding 76775330
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
41220000
7500000
contingent commissions or other charges due and accrued
Total amount of liabilities except capital 943465270
Capital actually paid in cash R 758 234 10
Surplus over all liabilities 3o823410
Surplus protection to policyholders
Total liabilities
Business
575823410
1519288680
Fire
in Force
Risks Premiums
hD flav nf December 19191528813093 1439553637
In force on the 31st day oi ueoemuei initiqs 15 672 197 28
Written or renewed during the year 1746036038 15672198
3274849131 3006773365
1341317320 1192710775
Deduct those expired and marked off as ter
minated
In force at the end of the year f33181
Deduct amount reinsured 588363109
Q 1345168702 1291239906
Net amount in force
1814062590
522822684192
Annual Report
Business in ForceMarine and Inland
in force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
Risks
30252099
52262530
82514629
40965210
41549419
602537
Xet amount in force 40 946 SS2
Business in the State of Georgia During 1920
A Fire
Gross risks written
Less risks cancelled and reinsurance in com
panies authorized in Georgia
Net risks written
Gross premiums on risks written
Less return premiums and premiums for rein
surance in companies authorized in Georgia
Net premiums received
13595091
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses Incurred
Premiums
85232998
198611608
283844606
164072716
119771890
1230890
118541000
Marine and
Inland
1150395
5988567
7606524
16654924 5269789
11385135
6060587 2182011
3878576
6662865 2468842
352048
798347
3872523 1017749
2S54774
1830345 3792
1826553
2056945 3792
4194023
2053153
IT S BRANCH NORTH BRITISH MERCANTILE ltd
76 William Street New York N Y
Cecil F Shallcross Manager r p Harbour Secretary
Ane for ervice in GeorgiaE R MacDowell Atlanta Ga
n 1bulness oe in GeorgiaFire Lightning Windstorm Ocean and
Inland Marine Automobile Explosion Riot Civil Commotion and
Invasion Leakage Aircraft Earthquake Hail Crops
and Weather
Amount of paidup capital statutory deposit 400 000 00
Ledger assets Dec 31 1919 11982195S1
Extended at
1198219581
Income
Gross premiums on new business 16 340 427 35
Deduct amount paid for insurance and return
premiums 7837237S7
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Conscience fund j 37 qq
Remittances from home office to U S branch
gross 39888092
8
50318948
47548359
151148
Insurance Department of Georgia
193
From agents balances previously charged off
877
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Remittances to home office by U S branch gross
Legal and administrative expenses in adjustment of claims
Deposit premiums returned on perpetual risks
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Incidental and petty expenses for small items unclassified
Loss on sale and decrease by adjustment of assetsI
Other items
Maps including corrections 5904 11
Furniture and fixtures including rent ofand
repairs
Inspections and surveys including underw bds
Legal expense including legal exp on losses
Agents balances charged off
Taxes licenses and fees
2921075
17741402
158748
119870
42776172
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Bills receivable taken for fire risks
Reinsurance recoverable on paid losses
Authorized Companies
Reinsurance recoverable on paid losses
Unauthorized Companies
13452
4685946
1078432
39976568
2136227604
2136227604
353841667
70970903
21743448
163679
170741210
72672628
4133375
19739892
62155
40679725
64307678
819056360
1317171244
974096918
85770019
100000
S1057243
170369234
5777S30
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
13171
129
71244
19234
Total assets 1330090478
Deduct Assets Not Admitted
Agents balances 2472249
Bills receivable 13452
Other items
Reinsurance recoverable on paid losses
Unauthorized Companies 1078432
Book value of bonds and stocks over market
value 84297218
Total not admitted assets
Total admitted assets
t 87861351
1242229127
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
1014
7210
21
12385
37982
6000094 Annual Report
34376200
Taxes due or accrued
Other items
Contingent commissions or other charges due
or accrued 28300
2783700
Total amount of liabilities except capitals 86177026
Capital actually paid in cash Statutory deposit JOOQOO00
Surplus over all liabilities o40458bb0
Surplus protection to policyholders 380458860
1242229127
Total liabilities
Business in the State of Georgia During 1920
A Fire Marine and
Inland
33 04189900 5S283900
Gross risks written
Less 7 68309896615 auto risks cancelled and
6654754 auto risks reinsurance in Com ft
panies authorized in Georgia it66iaouv
Net risks written 11870404700 48622400
Gross premiums on risks written 27342231 1492748
T ess 48 92 33318943 auto return premiums
and 4446209 auto premiums for reinsurance
in Companies authorized in Georgia oii
Net premiums received 18066789 1173805
Losses raid deducting salvage SO39792 570092
Less losses on risks reinsured in Companies au
thorized in Georgia 2l50bbi
5889124 570092
Net losses paid
9900907 409890
Losses incurred
Less losses on risks reinsured in companies au
thorized in Georgia zitmos
j 7766839 409890
Net losses incurred
THE NORTHERN ASSURANCE COMPANY limited
55 John Street New York N Y
Kinsbuslnefsnrin GeorgiaFire Sprinkler Leakage Windstorm
Explosion Automobile Hail Lightning Bombardment War Risk Cover
age Riot Civil Commotion Ocean Marine
nital 40000000
Amount of paidup capital
Ledger assets Dec 31 1919 860279521
Extended at
Income
Gross premiums on new business 1105704608
Deduct amount paid for insurance and return
premiums
470942294
Total premiums
Profits on sale or increase by adjustment of assets
Remittances from home office
Other items
From agents balances previously charged off
Gross interest on mortgage loans
Gross interest on bonds and dividends on
QtOOltS
Gross Interest on deposits in trust companies
860279521
634762314
933750
75664643
1000
573750
27575297Insurance Departmentof Georgia
195
and banks
261S429
30768476
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Remittances to home office
Advertising printing postage telegrams etc
Legal expenses
Agents balances charged off 1111
Loss on sale and decrease by adjustment of assets
Miscellaneous
Other items
Office furniture and fixtures
Maps including corrections
Inspections and surveys1
Federal taxes
Taxes licenses and fees
Field supervisory expenses
t 742129183
1602408704
299905484
6969689
129098195
29118850
3487124
24942366
11236249
39929
28269
1898000
576263
1756108
915895
9030418
21637891
14561854
24514480
72416646
Total disbursements
Balance
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Ledger Assets
ToJal ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Earned profit commission due from treaty
reinsurance admitted Companies
Amount recoverable on paid losses
1295731
12010195
Total assets
579717064
1022691640
13500000
709353451
45921S14
39612
124153278
129723485
1022691640
9590639
13305926
1045588205
Deduct Assets Not Admitted
14015496
Agents balances
Other items
Book value of bonds and stocks over market
value f 74121253
Total not admitted assets
5126749
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commission or other charges due
957461456
80669900
541868118
2507314
17133141196 Annual Report
or accrued 2797720
2797720
Total amount of liabilities except capital 644976193
Capital actually paid incash None in U S
Statutory deposit SffiS
Surplus over all liabilities 2 24Sizb
Surplus protection to policyholders 3124S3263
957461456
Total liabilities
Business in ForceFire
Risks Premiums
in force on the 31st day of December 1919 1135 240 662 1126997740
Written or renewed during the year 1100965100 10z4v
Excess of original premiums over amount re g
ceived for reinsurance ll
2236205762 J 2152683621
Deductthose expired and marked off as ter 8 340 023S9
minated
nilill 1IIIoliio
Deduct amount reinsured 4iioo
Net amount in force 946482813 956625562
Business in ForceMarine and Inland
Risks Premiums
n force on the 31st day of December 1919 W tlVwll
Written or renewed during the year 349100 iffB
Excess of original premiums over amount re g
ceived for reinsurance
49234580 122156076
DeductthoVeixpiredand marked off as ter M8f84
minated
Deduct amount reinsured i8
S 2 329 624 57594794
Net amount in force
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1824485900 91843900
Less 5 280737 risks cancelled and So0blbs
reinsurance in Companies authorized in 29425100
Georgia
M risks written 1019668500 62418800
Gross premiums on risks written I 19783543 2540264
Less 4418409 return premiums and 5235bb
premiums for reinsurance in Companies au v i ko 05
thorized in Georgia 422569 16Od
Net premiums received t 15557774 1824059
Losses paid deducting salvage 8558159 I 2810599
Less losses on risks reinsured in Companies au
thorized in Georgia o8981s0
Net losses paid 2810BJ9
Losses incurred 98617 3151199
Less losses on risks reinsured in Companies au
thorized in Georgia 4b98Q
Net losses incurred 8829387 WInsurance Department of Georgia 197
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Sprinkler 6203 1233
Auto and teams property damage T58 5000
Totals 5445 6233
Investments in Georgia
State deposit 1000000
Total investments in Georgia 1000000
NORTHERN INSURANCE COMPANY 07 NEW YORK
No 1 Liberty Street Xew York N Y
William Brewster President James Marshall Secretary
Attorney for service in GeorgiaMilton Dargan Jr Atlanta Ga
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 232409043
Extended at 232409043
Income
Gross premiums on new business 247851464
Deduct amount paid for insurance and return
premiums 93921564
Total premiums 153929900
Interest and rents 11276338
Profit on sale or increase by adjustment of assets 529150
Total income 165735388
Carried forward 398144431
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Inspections and surveys 2097210
Taxes 7845326
65646153
1537339
57667368
39832
538000
3500000
8281020
9942536
Total disbursements 147510741
Balance 250633690
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
6700000
102033094
108598116
907952
9987036
606309
16344400
Total ledger assets as per balance No 23 250633690
NonLedger Assets
Interest due and accrued 1408997198
Annual Report
328169
Other items
Reinsurance recoverable on paid losses
Total assets 252370856
Deduct Assets Not Admitted
201250
2029568
Agents balances
Other items
Book value of bonds and stocks over market
value
Total not admitted assets
Total admitted assets 250140038
Liabilities
2230818
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
12908772
144326496
2500000
Total amount of liabilities except capital 159735268
Capital actually paid in cash
Surplus over all liabilities
40404770
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
90404770
I 250140038
Premiums
In force on the 31st day of December 1919 308891476 3 03570038
Written or renewed during the year 24o151985 24851464
Total 554043461 551421502
Deduct those expired and marked off as ter
minated
191940742
207562536
in force at the end of the year 362102719 343858966
Deduct amount reinsured 81792145 75408774
Net amount in force I 280310574 268450192
Business in the State of Georgia During 1920
A Eire
Gross risks written 562256700
Less 2023509 risks cancelled and 1457661 reinsurance
in Companies authorized in Georgia 348117000
Net risks written 214139700
Gross premiums on risks written
Less 2086676 return premiums and 2530109 premiums for
reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses incurred 1
214139700
7953980 4616785
3337195
3879075 1650989
t 2228086
4232704 1836656
2396048Insurance Departmentof Georgia
199
THE NORTH RIVER INSURANCE COMPANY
110 William Street New York City N Y
John A Forster President David G Wakeman Secretary
Attorney for service in GeorgiaB H LeVert 26 Dixie Avenue Atlanta Ga
Kinds of business done in GeorgiaFire Marine Inland Automobile and
Tornado
Amount of paidup capital 200000000
Ledger assets Dec 31 1919 663541798
Increase of paidup capital during year 100000000
Kxtended at 763541798
Income
Gross premiums on new business 923805797
Deduct amount paid for insurance and return
premiums 376306625
Total premiums
Interest and rents
Other sources
Profit on security sales
Increase by adjustment in book value of stocks
5251300
17790
Surplus paid in
Total income
i 47499172
38504128
5269090
12500000
603772390
Carried forward 1367314188
Disbursements
Net amount paid policyholders for losses 216956931
illegal and administrative expenses in adjustment of claims 6656151
Commissions and alowances to agents 134546939
Salaries of officers and employes 36402583
Rent and interest 2535191
Advertising printing postage telegrams etc 2774665
Other items
Doss on security sales 4057712
Decrease by adjustment 17790
Taxes
Field supervisory expenses
Inspections and surveys
All other disbursements
4075502
17915468
20075368
7746591
71589759
Total disbursements 521275148
Balance 816039040
Ledger Assets
Mortgage loans first lien
Bonds a book value
Stocks at book value
Deposits at interest
Agents balances net
13245618
32287830
45151980
78086418
77267197
Total ledger assets as per balance No 23 846039040
NonLedger Assets
Interest due and accrued 2022695
Market value of assets over book value 81805506
Other items
Reinsurance due on paid losses 1933202
Total assets 931800443
Liabilities
Net amount of unpaid losses and claims 100411263
Reserves or unearned premiums on risks outstanding 401207813
Dividends to policyholders declared but unpaid 4125200
Annual Report
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 200000000
Surplus over all liabilities 212677242
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Risks
725622137
863010025
2500000
15000000
519123201
412677242
931800443
Premiums
757292792
880959447
Total 1588632162 1638252239
Deduct those expired and marked off as ter
minated 669979310 690358908
In force at the end of the year
Deduct amount reinsured
918652852
229379682
Net amount in force
Business in Force
689273170
Marine and Inland
Risks
In force on the 31st day of December 1919 5816598
Written or renewed during the year 33008134
Total
Deduct those expired and marked oft as ter
minated
In force at the end of the year 3
Deduct amount reinsured
38824732
35712375
947893331
225599286
722294045
Premiums
15521710
42846350
5S368060
45333553
3112357 13034507
Net amount in force
3112357 13034507
RECAPITULATION OF FIRE RISKS AND PREMIUMS
Year
Written
1920 1
1919 2
1920
1918
1919
1920
1917
1918
1919
1920
1916
1917
1918
1919
1920
Term
year or less
years
years
years
years
years
years
years
years
years
years
years
years
years
years
Over 5 years
Advance premiums
Amount
Covered
5298772987
344620
1214356
67569771
94970656
146869608
47755S
441779
323510
653040
8428521
11941082
10190267
16733650
28776509
205238
1260018
Premiums
Charged
340178221
134478
1156927
64385398
87364402
134066545
424506
221381
20906
544824
10375282
13743248
13189046
20590932
33595564
247934
1524451
Fraction Premiums
Unearned Unearned
12
14
34
16
12
56
18
38
5S
78
110
310
12
710
910
pro rata
100
170089111
108620
867695
10730899
43682201
111722121
53063
83018
156816
476721
1037528
4122974
6594523
14413652
30236008
176119
1524451
Totals 689273170 722294045 396075520
Business in the State of Georgia during 1920
A Fire Auto
and Tornado mobile
Cress risks written 533283600
Less 51765165 risks cancelled and 12250 re
insurance in Companies authorized in
Georgia 176516500
Net risks written 356767100
Gross premiums on risks written 6990935 63132
Less 1385306 return premiums and 2345Insurance Department of Georgia
premiums for reinsurance in Companies au
thorized in Georgia 1371861
Net premiums received 5619074
Losses paid deducting salvage 2258739
Net losses paid 2258739
Losses incurred 2251739
Less losses on risks reinsured in Companies au
thorized in Georgia 523
Net losses incurred 2251216
201
11100
52032
4450
4450
550

550
NORWICH UNION FIRE INSURANCE SOCIETY Limited
59 John Street New York N Y
J Montgomery Hare and William Hare U S Managers
J F VanRiper Branch Secretary
Attorney for service in GeorgiaA Wilkerson
Kinds of business done in GeorgiaFire Marine Sprinkler Leakage
Ledger assets Dec 31 1919 500930068
Extended at
Income
Gross premiums on new business 880412194
aid for insurance and return
405430226
Deduct amount paid for insurance and return
premiums
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Remittances from home office 80491714
From agents balances previously charged o 8119
500930068
474981968
17109056
368750
80499833
Total income 572959
07
Carried forward 1073889675
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Furniture and fixtures and maps 2428231
Inspection and surveys 9760898
Taxes licenses fees etc 23364818
Remittances to home office 88488224
Legal and miscellaneous 203718
29507058
7209714
89981975
46746621
2561607
8920733
124245889
Total disbursements
509173597
Balance 564716078
Ledger Assets
Mortgage loans first lien 5500000
Bonds at book value 357935548
Stocks at book value 57758310
Deposits at interest 49130991
Deposits not at interest 3508072202
Annual Report
Other items
Agents balances
Bills receivable taken for fire risks
Balances in hands of special agents
90554269
263791
65097
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other Items
Reinsurance due on paid losses
Total assets
11864630
i 90883157
564716078
4509965
11864630
581090673
Deduct Assets Not Admitted
Agents balances 8437885
Bills receivable 263791
Other items
Balance in hands of special agents 65097
Book value of bonds and stocks over market
value 40357458
Total not admitted assets 49124231
Total admitted assets 531966442
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions 2520000
Total amount of liabilities except capital
Surplus over all liabilities
128111645
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 726969680
Written or renewed during the year 751141919
Excess or original premiums over amount re
ceived for reinsurance
Total 1478111599
Deduct those expired and marked off as ter
minated 576037037
In force at the end of the year 902074562
Deduct amount reinsured 332716127
Net amount in force 569358435
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 38767399
Written or renewed during the year 122265564
Total 161032963
Deduct those expired and marked off as ter
minated 122292358
60379124
328594205
1061S4S
11299600
2520000
403854777
128111645
531966422
Premiums
686231494
683788270
126050
i 1370145814
542007020
t 828138794
2699S2r 17
558156247
Premiums
51484700
196623924
248108624
182995612
In force at the end of the year 38740605 65113012Insurance Department of Georgia 203
Deduct amount reinsured 7822745 9889924
Net amount in force 30917860 55223088
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1106507300 223911300
Less 2114549 return premiums and 559419
premiums for reinsurance in companies au
thorized in Georgia 525752500 14667500
Net risks written 580754800 209243S00
Gross premiums on risks written 7901364 1992006
Less 2114549 return premiums and 559419
premiums for reinsurance in Companies au
thored in Georgia 2233173 440795
Net premiums received 5668191 1551211
Losses paid deducting salvage 2704012 230043
Less losses on risks reinsured in Companies au
thorized in Georgia 106771
Net losses paid 2597241 230043
Losses incurred 2347124 230043
Less losses on risks reinsured in Companies au
thorized in Georgia 238704
Net losses incurred 2108420 230043
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000
THE OHIO HARDWARE MUTUAL INSURANCE COMPANY
Corner Third and Main Streets Coshocton Ohio
J P Duffey President George M Gray Secretary
Kind of business done in GeorgiaFire Insurance
Ledger assets Dec 31 1919 14015586
Extended at 14015586
Income
Gross premiums on new business 20761698
Gross renewal premiums 4412784
Deduct amount paid for insurance and return
premiums 6379640
Total premiums 18794842
Interest and rents 548035
Profits on sale or increase by adjustment of assets 900150
Total income 20243027
Carried forward 34258613
Disbursements
Net amount paid policyholders for losses 4470474
Legal and administrative expenses in adjustment of claims 53354
Commissions and allowances to agents 1262841
Salaries of officers and employes 1384424
Rents and interest 67500
Advertising printing postage telegrams etc 413854
Paid policyholders for dividends 4917740204
Annual Report
Other items
Furniture and fixtures
Inspections and surveys
Taxes
Legal expenses
198676
108024
305799
32857
Total disbursements
Balance
Ledger Assets
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Total ledger asets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Due on reinsurance
2123
Total assets
Deduct Assets Not Admitted
Book value of bonds over par value
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Commissions due agents 100606
Total amount of liabilities except capital
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
Tn force on the 31st day of December 1919 857075685
Written or renewed during the year 1647739918
645356
13215543
21043070
18713400
23388
714117
261052
1331113
21043070
192642
2123
21237835
900150
900150
20337685
647882
9300441
45218
100606
10094147
1024353S
Total i 250 4815603
Deduct those expired and marked off as ter
minated 1049212385
In force at the end of the year1455603218
Deduct amount reinsured 217662500
Net amount in force1237940718
20337685
Premiums
13085330
25174482
38259812
16514735
21745077
3170510
18574567
ORIENT INSURANCE COMPANY
2022 Trinity Street Hartford Conn
A C Mcllwain Jr President Henry W Cray Jr Secreeary
Attorney for service in GeorgiaRobert A Hancock Atlanta Ga
Kinds of business done in Georgia Fire Tornado Marine Sprinkler Leakage
Explosion War Risks Riot and Civil Commotion
Amount of paidup capital 100000000Insurance Department of Georgia
205
Ledger assets Dec 31 1919 568244874
Extended at
Income
Gross premiums on new business 533991774
Deduct amount paid for insurance and return
premiums 237242551
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Total income
568244874
296749223
21342267
150000
318241490
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Other items
Taxes licenses and fees
Furniture and fixtures
Maps including corrections
Inspections and surveys
Real estate expenses
Other disbursements
86486364
125907711
4205662
55978529
29497449
2057309
5753665
10000000
26417327
637212
421251
8160303
1460636
347554
Total disbursements
Balance
Ledger Assets
Book value of real estate
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Bills receivable
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due from other Companies on paid losses
Total assets
Deduct Assets Not Admitted
Agents balances i 3176329
Bills receivable 107586
Other items
Book value of real estate over market value 421862
Book value of bonds and stocks over market
value 57391981
Overdue and accrued interest on bonds in
default 2770833
37444283
270844608
615641756
24503416
454928421
10026260
587781
64783893
60702399
107586
615641756
8002178
935464
621579398
Total not admitted assets
Total admitted assets
63868591
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
560710807
26531696
277770493
250000206 Annual Report
Taxes due or accrued 16000000
Other items
Contingent commissions 750000
750000
Total amount of liabilities except capital 321302189
Capital actually paid in cash 100000000
Surplus over all liabilities 139408618
Surplus protection to policyholders 239408618
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 672845565 545604907
Written or renewed during the year 556225220 4453S4846
Total 1184070785 990989753
Deduct those expired and marked off as ter
minated 420978861 3472S9876
In force at the end of the year 763091924 643699877
Deduct amount reinsured 242656010 187051527
Net amount in force 520435914 456648350
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 55707802 66555787
Written or renewed during the year 74847612 S8606928
Total i 130555414 155162715
Deduct those expired and marked off as ter
minated 80102750 92239128
In force at the end of the year 50452664 629235S7
Deduct amount reinsured 4450795 4066538
Net amount in force 46001869 58857049
Business in the State of Georgia During 1920
AJ Fire Marine and
Inland
Gross risks written 1262933500 35837800
Less 3211916 risks cancelled and 1569975
reinsurance in Companies authorized in
Georgia 467825700 10363400
Net risks written 795107800 25474400
Gross premiums on risks written 8173412 539674
Less 1412362 return premiums and 722086
premiums for reinsurance in companies au
thorized in Georgia 1990604 143844
Net premiums received 6182808 395830
Losses paid deducting salvage 2282350 314673
Less losses on risks reinsured in Companies au
thorized in Georgia 249300 244
Net losses paid 2033050 314429
Losses incurred 2598S63 575773
Less loses on risks reinsured in Companies au
thorized in Georgia 259000 244
Net losses incurred 2339863 575529
Investments in Georgia
Bonds 2000000
Total investments in Georgia 2000000Insurance Department of Georgia
207
PACIFIC PIKE INSURANCE COMPANY
59 John Street New York City N Y
C V Weserole President H B Laney Jr Secretary
Amount of paidup capital 40000000
Ledger assets Dec 31 1919 242556280
Extended at
Income
Gross premiums on new business 444856925
Deduct amount paid for insurance and return
premiums 261232810
42556280
Total premiums
Interest and rents
Other sources
Gross profit on sale or maturity of bonds
Gross profit on sale or maturity of stocks
158100
218720
183624115
9983833
376820
Total income 193984768
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses 2040751
Taxes 7297681
Furniture fixtures and maps 98483
Inspections and surveys 1795176
Legal expenses 47387
Total disbursements
Balance
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance due on paid losses
Total assets
Agents balances
Total not admitted assets
Total admitted assets
Deduct Assets Not Admitted
930232
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
436541048
89105271
4004812
30553397
9587431
729780
1665555
6000000
13177806
11275878
166099930
270441118
5950000
102521950
88845900
3372236
20301281
49449751
270441118
1615368
9543357
2160902
283760745
930232
282830513
25099031
142870780208
Annual Report
Other items
Estimated amount hereafter payable for fed
eral state or other taxes based upon the
business of the year of this statement
3000000
3000000
Total amount of liabilities except capital 170969811
Capital actually paid in cash 40000000
Surplus over all liabilities 71860702
Surplus protection to policyholders 111860702
Total liabilities 2S2830513
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 244563826 318531934
Written or renewed during the year 407265019 44485692o
Total 651828845 763388859
Deduct those expired and marked off as ter
minated 31445204b 394652584
In force at the end of the year 337376799 368736275
Deduct amount reinsured 121261924 122589071
Net amount in force 216114875 246147204
Business in the State of Georgia During 1920
A Fire
Gross risks written 1418379900
Less 4499602 risks cancelled and 2975548 reinsurance in
companies authorized in Georgia 74 a15000
Net risks written 670864900
Gross premiums on risks written
Less 4210727 return premiums and 4896166 premiums for
reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Companies authorized in Georgia
Net losses paid
Losses incurred T
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses incurred 59839SI
Investments in Georgia
BondsCity of Madison Ga 1000000
Total investments in Georgia S 1000000
199S4755
9106893
10877862
3977564
11SOS14
2796750
7509611
1525630
THE PALATINE INSURANCE COMPANY limited
55 John Street New York N Y
Whitnev Palache President W M Ballard Secretary
Kinds of business done in GeorgiaFire Marine and Inland
Ledger assets Dec 31 1919 489644508
Extended at 489644508
Income
Gross premiums on new business 758617711
Deduct amount paid for insurance and returnInsurance Department of Georgia
209
premiums
396760365
Total premiums
Interest and rents
0tRemHtanCceeSs from home office to U S branch
Total income
Disbursements
LeaT ad aaministrative expenses in adjustment of claims
Commisions and allowances to agents
a First year
b Renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
toss on sale and decrease by adjustment of assets
361857346
17671191
6054772
875227816
155757610
4867044
8214498
77993951
18679934
1226111
734564
2327150
25724068
Other items
Remittance to home office
rT1a ypc mm
Furniture maps surveys etc
Legal expenses
Agents balances charged oft
16220504
23153343
10387851
31450
46893
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable
Reinsurance recoverable on paid losses
Foreign treaty balances
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
49840041
345364971
529862846
318137216
21000714
2025247
96682503
78825710
84108
12312166
795182
529862846
4351500
534214346
Deduct Assets Not Adrnitted
84108
Agents balances
Bills receivable
0tBooktvlue of bonds and stocks over market
BooUvalueorotherledger assets over market
value
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions
Total amount of liabilities except capital
Surplus over all liabilities
Total liabilities
7065530
795182
10201152
524013194
41043700
316812493
100000
7740000
1800000
367496193
156517001
524013191210
Annual Report
PALMETTO FIRE INSURANCE COMPANY
125 S Harvin Street Sumter S C
I C Strauss President p Moses Secretary
Attorney for service in GeorgiaWm A Wright Atlanta Ga
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capital
Ledger assets Dec 31 1919
Fxtended at
40000000
94766265
Income
Gross premiums on new business 144408350
Deduct amount paid for insurance and return
premiums 68394370
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes and expenses on real estate 67578
Furniture and fixtures 320021
Maps inspections surveys and underw boards 716766
Taxes federal 1900539
Taxes city state and county 1660216
Legal expenses 31600
Donations and miscellaneous 90316
Revenue stamps 11600
Auditing books 281947
Insurance on office furniture and fixtures 2400
Life insurance premiums 190302
Investment expense 38502
Special agents auto accident 241348
Total disbursements
Balance
94766265
76013980
4008169
196250
80218399
171984664
30072275
383459
19296083
4678845
254795
784505
4000000
207900
5485557
65230997
109753667
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits not at interest
Agents balances net
Other items
Collateral loans
Cash in hands of special agents
Losses due from reinsuring Companies
3381495
15000
74126
18S4191
52353775
13719164
3678750
146290
20211411
14289465
3 170621
Total ledger assets as per balance No 23 109753667
Insurance Department of Georgia
211
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
Agents balances
Other items
Cash in hands of special agents
Deduct Assets Not Admitted
401321
15000
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and maked off as ter
40000000
12906064
minated
Risks
65646255
122371404
1S8017659
91351081
96666578
26470024
1824149
999559
112577375
416321
112161054
10220863
48534127
300000
200000
59254990
52906064
112161054
Premiums
90878935
144408350
235287285
110627264
124660021
37501324
In force at the end of the year
Deduct amount reinsured
Net amount in force 70196544 871586
Business in the State of Georgia During 1920
Gross risks written 1r
Less 11009558 risks cancelled and 11291257 reinsurance in
Companies authorized in Georgia
Net risks written
Gross premiums on risks written
Less 13954634 return premiums and 21622708 premiums
for reinsurance in Companies authorized in Georgia
A Fire
3672629700
2230081500
1442548200
63828581
35577342
Net premiums received
Losses paid deducting salvagezzi7
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses paid
Losses incurred tS7
Less Insscs on risks reinsured in Companies authorized in
Georgia
Net losses incurred
28251239
18638992
8295891
10343101
25948521
12105613
13842908212
Annual Report
THE PENNSYLVANIA FIBE INSURANCE COMPANY
508510 Walnut Street Philadelphia Pa
Cecil F Shalleross President w Gardner Crowell Secretary
Attorney for service in GeorgiaE K McDowell Atlanta Ga
Kinds of business done in GeorgiaFire Lightning Windstorm Ocean and
Inland Marine Automobile Explosion Riot Civil Commotion and
Invasion Leakage Aircraft Earthquake Hail Crops and Weather
Amount of paidup capital 750000 00
Ledger assets Dec 31 1919 1002s67545
Extended at 1002867545
Income
Gross premiums on new business 1021609073
Deduct amount paid for insurance and return
premiums 406959111
Total premiums 6 146 499 62
Interest and rents 426880 54
Profits on sale or increase by adjustment of assets 6102 6
Other sources
Perpetual transfer fees 36650
From agents balances previously charged off 42866
79516
Total income 658027799
Carried forward 1660895344
Disbursements
Net amount paid policyholders for losses 2516 521 15
Legal and administrative expenses in adjustment of claims l3496 48
Commissions and allowances to agents i 43soo6 7F
Salaries of officers and employes 361 976 55
Rents and interest 32691 82
Advertising printing postage telegrams etcI 114903 53
laid policyholders for dividends 15000000
Loss on sale and decrease by adjustment of assets 25ol922l
Other items
Maps inspections and surveys including un
derwriters boards and Tariff Assoc 102 162 4
Furniture and fixtures including rent of
and repairs to same 19444 98
Federal taxes real estate taxes licenses and
fees 28972607
Agents balances charged off 5171
Incidental and petty expensesvarious small
items unclassified 900 48
Deposit premiums returned on perpetual risks 81379J0
Real estate expenses repairs and expenses 451205
49817681
Total disbursements 549706533
Balance 1111188811
Ledger Assets
Book value of real estate 1S3 371S
Mortgage loans first lien 500000
Bonds at book value 81839L01
btocks at book value igo ooa
Cash in office 40000
Deposits at interest 807 97953
Agents balances net 1 itiuo 11
other items 143108940
Insurance recoverable on paid losses in au
thorized Companies jj 009 40
Insurance recoverable on paid losses in unau
thorized Companies 4 289 71Insurance Department of Georgia
213
Loans secured by pledge of bonds stocks or
other collateral
283677
18135
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Book value of real estate over market value
Book value of bonds and stocks over market
value
Reinsurance recoverable on paid losses unau
thorized Companies
Book value of other ledger assets over market
value
1111188811
11539976
1122728787
2067951
3337168
2557510
428971
104055
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital aci
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
Capital actually paid in cash llAl
ci r nil liabilities lZbioias
Business in the State of Georgia During 1920
A Fire
1523790200
Gross risks writtenVa a
less 4 326 6456460 auto risks cancelled and
2667795 auto reinsurance in Companies au
tbbrized in Georgia
824346200
88495658
1034233129
75452192
636170459
2630680
18474000
732727331
301505798
1034233129
Marine and
Inland
1671000
Net risks written
Gross premiums on risks written
lIss 23 1261919782 auto return prem
and 20 17253 auto premiums for reinsurance
in Companies authorized in Georgia
646000
1025000
lums
12009280
4329872
7679408
58877
19782
Net premiums received
Losses paid deducting salvage 3953509
Lest losses on risks reinsured in Companies au
thorized in Georgia
39095
1496881
Net losses paid
LesflSosseoneHskrrernVuVeVncomFaVieiau
thorized in Georgia
Net losses incurred
2456628
5135399
1631681
35037IS214
Annual Report
PENNSYLVANIA LUMBERMENS MUTUAL FIRE INSURANCE COMPANY
806 Lafayette Building Philadelphia Pa
Edward P Henson President Harry Humphreys Secretary
Attorney for service in GeorgiaJ L Riley Georgia Savings Bank Building
Atlanta Ga
Kind of business1 done in GeorgiaFire and Lightning Insurance
Ledger assets Dec 31 1919 1 238 634 97
Extended at 123863497
Income
Gross premiums on new business 93367417
Deduct amount paid for insurance and return
premiums 76 414 17
Total premiums
Interest and rents I
Profits on sale or increase by adjustment of assets
Other items
Transfer of agency and brokerage profits
From agents balances
3000000
443
Total income
Carried forward
85726000
6313059
1086800
3000443
96126302
219989799
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Inspection charges
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Executive expenses 232635
Furniture and fixtures 319733
Inspections and surveys 1413169
Taxes 1M5088
Legal expenses 108067
Agents balances charged off 14 12
Miscellaneous 1 435 00
24441620
237797
5898588
5253516
430400
1808046
30102684
5945925
4163604
Total disbursements
7S2S2180
Balance 141707619
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
24070000
107571562
180000
361640
5S51213
3673204
Total ledger assets as per balance No 23 1417 06 19
NonLedger Assets
Interest due and accrued
Market value of assets over book value
2121211
9375696
Total assets 153204526
Deduct Assets Not Admitted
Agents balances 42856Insurance Department of Georgia
215
Other items
Overdue and accrued interest on bonds in de
fault
Total not admitted assets
Total admitted assetsrcr7Z
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
25833
68689
Total amount of liabilities except capital
Surplus over all liabilities
153135837
2773308
41626410
533211
813889
45746818
107389019
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 Jfi
Written or renewed during the year 4bbU4spp
82566145
40582244
Total
Deduct those expired and maked off as ter
minated
In force at the end of the year 419ioo
Deduct amount reinsured
Net amount in force 41966401
Business in the State of Georgia During 1920
Gross risks written
Less 56700 risks cancelled
Net risks written
107389019
153135837
Premiums
72891832
93367417
166259249
82989179
83270070
17250
83252820
A Fire
52077000
5670000
Gross premiums on risks written
Less 566311 return and expiration return premiums
Net premiums received
Losses paid deducting salvage
Net losses paid
bosses incurred
Net losses incurred
Investments in Georgia
Bonds
Total investments in Georgia
46407000
t 1433335 566311
I 867024
250000
250000
590000
1000000
590000
1000000
FENNYLTAHIA MILLERS MUTUAL FIRE INSURANCE COMPANY
912924 Second National Bank Building Wilke8rre Pa t
Asher Miner President Jon Hofta Secretary
Amount of paidup capital VJmm 51
Ledger assets December 31 1919 107046351
Extended at
107016351
Income
Gross premiums on new business
Deduct amount paid for insurance and return
59733846216
Annual Report
premiums
9924251
Net premiums
b Assessments collected
19809595
41625480
Total premiums
Interest
Other items
Gross profit on sale or maturity of ledger assets
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses
Furniture and fixtures 2 533 96
Maps 38063
Inspections and surveys 8 452 92
Federal taxes 4758 31
Other taxes licenses and fees 822043
Meeting expenses auditing association dues
surety bondssundries
Total disbursements
Balance
Ledger Assets
61435075
4597276
56400
66088751
173135102
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
NonLedger Assets
Interest due and accrued
Oter items
Assessments due
476819
24912018
263046
6273838
4179644
188900
750775
60375
2136223
2785104
41549913
131585189
111507599
50105
3000000
10944694
6056040
34257
476S19
Total assets 133461033
Deduct Assets Not Admitted
Book value of bonds over market value

1751103
Total admitted assets 131709930
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries or miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Commissions due and accrued
Total liabilities except capital
Surplus over all liabilities
86347894
7144052
3491798 t
100000
70000t
2500000
45362036
Surplus protection to policyholders
Total liabilities
86347894
131709930Insurance Department of Georgia
217
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Risks
37298509
52823467
90121976
39256148
In force at the end of the year 50865828
Total
Deduct those expired and marked off as ter
minated
Net amount in force 50865828
Business in the State of Georgia During 1920
Gross risks written
Less 182830 risks cancelled
Premiums
50709635
59733846
110443481
43451050
66992431
66992431
A Fire
53740800
18283000
Net risks written
Gross premiums on risks written and assessments
Less 157893 return premiums
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
Investments in Georgia
Bonds 1000000
Total investments in Georgia
35457800
930396 157893
772503
655142
655142
918646
918646
1000000
PEOPLES NATIONAL FIRE INSURANCE COMPANY
N E CornerThird and Walnut Streets Philadelphia Pa
E C Stokes President
Amount of paidup capital 100000000
Ledger assets December 31 1919 224328877
M B Yates Secretary
Extended at
Income
Gross premiums on new business 221144402
Deduct amount paid for insurance and return
premiums l109o0774
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Gain on perpetual policies cancelled
Transfer fees on perpetual policies cancelled
Borrowed money
Deposit premiums written on perpetual risks
Increase in liabilities during year account re
insurance treaties
19419
100
11000000
346000
5274062
224328877
110193628
12085371
762
16639581
Total income 138995242
Carried forward S 363324119
Disbursements
Net amount paid policyholders for losses
56065519218
Annual Report

Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Bents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures
Maps
Taxes
Miscellaneous
Deposit premiums rens
Real estate expenses
Dec acct of reinsurance treaties
Borrowed money repaid
102683
265822
5495151
40514
198193
2198031
5274062
8500000
1065263
32307315
7531358
621809
3341454
5000000
27500
22074456
Total disbursements 128034674
Balance 2352S9445
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Loans secured by pledge of stocks bonds or
other collateral 1550000
Agents balancesbusiness written subsequent
to Oct 1 1920 210OS
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance due on losses paid
Total assets
Deduct Assets Not Admitted
Agents balances 21008
Other items
Overdue and accrued interest 117750
Book value of bonds and stocks 7969132
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions on other charges due
or accrued 828067
Due and to become due on borrowed money 2500000
Total amount of liabilities except capital
17239910
51025000
125219457
17785825
1877657
3357611
38715
17174262
1571008
235289445
2876194
2089674
954OS
240350721
8107890
232242831
1213S113
96293563
28857
1500000
3328067
113288600Insurance Department of Georgia
219
Capital actually paid in cash
Surplus over all liabilities
100000000
18954231
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919i
Written or renewed during the year
Excess of original premiums over amount re
ceived for reinsurance
Risks
199987657
216742818
118954231
232242S31
Premiums
212900088
213434737
5274062
Total
Deduct those expired and marked off as ter
minated
416730475 431608987
In force at the end of the year
Deduct amount reinsured
1807879285
235851190
73275901
184340459
247268528
76495266
Net amount in force 162575289 170773262
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919
Written or renewed during the year 2411500
Premiums
7709665
Total
Deduct those expired and marked
minated
as ter
2411500
1022500
In force at the end of the year
Deduct amount reinsured
1389000
915164
Xet amount in force
Perpetual risks not included above
Deposit premiums on same
473836
7709665
3921870
1787795
2504874
1282921
51696300
184387a
Year
Written
1920 1
1919 2
1920 2
1918 3
1919 3
1920 3
1917 4
1918 4
1919 4
1920 4
1916 5
1917 5
1918 5
1919 5
1920 5
Premiums
Fraction
Charged Unearned
RECAPITULATION OF FIRE RISKS AND PREMIUMS
Amount
Covered
year or less 54847330
years 869930
years 752296
years 17345566
years 25176102
years 34225015
years 328698
years 65739
years 213876
years 205297
years 3535691
years
4496192
years 3891603
years 6169590
years 9513375
Over 5 years 938989
Advance premiums
Totals 162575289
59524715
889412
592316
17612637
24732349
31896775
274030
52441
131108
192626
3828475
4945600
5394384
7806395
11942801
957198
170773262
1843875
12
14
34
16
12
56
18
38
58
78
110
310
12
710
910
pro rata
100 X
90
Premiums
Unearned
29762358
222353
444237
2935440
12366174
26580646
34254
19665
81942
168548
382847
1483680
2697192
5464476
10748521
600282
93992615
1659488
Perpetual risks 516963
Grand totals 163092252 172617137 95652103
Business in the State of Georgia During 1920
A Fire
576317200
307078800
Gross risks written
Less 1848017 risks cancelled and 1222711 premiums for
reinsurance in Companies authorized in Georgia
Net risks written 269238400220
Annual Report
Less 1712217 return premiums and 1936293 premiums for
reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage 1508730
Less losses on risks reinsured in Companies authorized in
Georgia 351171
Xet losses paid 1157559
Losses incurred 261663S
Less losses on risks reinsured in Companies authorized In
Georgia 928053
Net losses incurred 1688585
PHOENIX ASSURANCE COMPANY Ltd
100 William Street New York N Y
P Beresford U S Manager H Terhune Secretary
Attorney for service in GeorgiaEdgar Dunlap Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Sprinkler Leakage
Automobile Explosion Riot and Civil Commotion and Marine
Amount deposit capital 40000000
Ledger assets Dec 31 1919 576490807
Extended at 576490807
Income
Gross premiums on new business 1071564005
Deduct amount paid for insurance and return
premiums 622028132
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Agents balances previously charged off 4517
Remittances from home office to U S branch 5089600
Underwriters Salvage Co of N Y stock dividend 100000
Underwriters Salvage Co of Chicago stock div 100000
449535873
19345026
1425750
5294117
Total income 475600766
Carried forward 1052091573
Disbursements
Net amount paid policyholders for losses 185061017
Legal and administrative expenses in adjustment of claims 6343372
Commissions and allowances to agents 76989770
Salaries of officers and employes 53048946
Rents and interest 4143903
Advertising printing postage telegrams etc 14969922
Loss on sale and decrease by adjustment of assets 14602100
Other items
Inspections and surveys 10011008
Federal taxes 10751311
All other taxes 18913586
Agents balances charged off 126416
Legal expenses 59181
Remittances to home office 24026977
63888479
Total disbursements 419047509
Balance 633044064Insurance Department of Georgia
221
Ledger Assets
Bonds at book value
Stocks at book value t
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Phila Underwriters Assn deposit
Reinsurance due on marine losses paid au
thorized Companies
Reinsurance due on marine losses unau
thorized Companies 2123966
30000
37559
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due on losses paid Fire Dept 1324649
Total assets
435490000
1863600
25000
61210134
1817965
129545842
3091525
633044064
6693198
1324649
641061911
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Reinsurance due on marine losses paid author
ized Companies
2676082
93750
2123966
Total not admitted assets
Total admitted assets

4893798
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstandin
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions or other charges due
or accrued
1000000
Total amount of liabilities except capital
Deposit capital sis799sQ
Surplus over all liabilities 161872289
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 l
Written or renewed during the year l29b9b79
Excess of original premiums over amount re
ceived for reinsurance
636168113
44597689
379092751
605384
9000000
1000000
434295824
rrQff
Deduct those expired and marked off as ter
minated
2480156107
1028816962
In force at the end of the year MgB7 M678B
Deduct amount reinsured btti
Net amount in force 793972360
201872289
636168113
Premiums
957638499
992112451
1847290
1951598246
811682867
1139915379
495688632
644226747222 j Annual Report
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 27475584
Written or renewed during the year 79960634
Total 10743621S
Deduct those expired and marked off as ter
minated 81639642
In force at the end of the year 25796576
Deduct amount reinsured 3452667
Xet amount in force 22343909
Business in the State of Georgia During 1920
A Fire
Gross risks written 1859245500
Less 5428399 risks cancelled and 5597620
reinsurance in Companies authorized in
Georgia 925773900
Xet risks written 933471600
Gross premiums on risks written 13795380
Less 2752332 return premiums and 1573749
premiums for reinsurance in Companies au
thorized in Georgia 41274S8
Net premiums received 9667892
Losses paid deducting salvage 3781190
Less losses on risks reinsured in Companies au
thorized in Georgia r 605254
Xet losses paid 3175936
Losses incurred 4553390
Less losses on risks reinsured in Companies au
thorized in Georgia 553654
XTet losses incurred 3999736
Premiums
40584547
79451548
120036095
731S0180
46855915
3803085
43052830
Marine and
Inland
344966400
176828000
168186400
686268
198593
487675
377425 9413
368012
381525 9413
375112
THE PHOENIX INSURANCE COMPANY
30 Trinity Street Hartford Conn
Edward Milligan President George C Long Jr Secretary
Attorney for service in GeorgiaC A Rauschenberg Jr Atlanta Ga
Kinds of business done in GeorgiaAll kinds of business permitted by its
charter
Amount of paidup capital 300000000
Ledger assets Dec 31 19191970013507
Extended at 1970013507
Income
Gross premiums on new business
Deduct amount paid for insurance and return
premiums
2033135949
880221905
Total premiums
Interests and rents
Profits on sale or increase by adjustment of assets
Other sources
Conscience money
Agents balances marked off
1152914044
114648554
726915
16000
48509
Total income 1268354022
Carried forward 3238367529Insurance Department of Georgia
223
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policvholders for dividends
Loss on sale and decrease by adjustment of assets
Total disbursements
Balance
11289521
247659563
100211577
5751476
125623285
84956400
31759367
1082598164
2155769365
Ledger Assets
65075668
12465000
Book value of real estate
Mortgage loans first lien
Bonds at book value IVjAiil
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable taken for Are risks
612405462
169354
166180772
7650275
198561668
638585
2155769365
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued llUll
Market value of assets over book value 1w1
1438105
Mark
Other items
Interest on bank deposits
18189135
7
Total assets
Deduct Assets Not Admitted
Agents balances 4344763
Other items
Overdue and accrued interest on bonds in default 33i5000
2370670862
19763
Total not admitted assets
Total admitted assets 2362951099
Liabilities
Net amount of unpaid losses and claims bAH
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
300000000
897442056
Surplus protection to policyholders
Total liabilities
964823636
40000000
10000000
1165509043
1197442056
2362951099
Premiums
Business in ForceFire
Risks
t fm on the 31st dav of December 1919 1944503805 1841751511
Written6 or renewed during the year 1808220316 1639268768
3747724121 3481020279
D0edauctThVsVexprrVdandVmarked off as ter 1349871081
minated L
ti a nf tho vear 2263207765 2131149198
In force at the end of the year
Deduct amount reinsured
Ded
Net amount in
force 1750460181 1678904441224 Annual Report
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st dav of December 1919 62400774 117097825
Written or renewed during the year 606905534 393867181
Total 669306308 510965006
Deduct those expired and marked off as ter
minated 593038065 366604431
In force at the end of the year 76268243 141360575
Deduct amount reinsured 30426109 47244502
Net amount in force 45S42134 97116073
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 2876111200 688707300
Less 10126730 risks cancelled and 7995736
reinsurance in Companies authorized in
Georgia 1503631900 308614700
Net risks written 1372479300 380092600
Gross premiums on risks written 24333935 3806155
Less 5239646 return premiums and 6572796
premiums for reinsurance in Companies au
thorized in Georgia 10331112 1481330
Net premiums Teceived 14002823 2324825
Losses paid deducting salvage 8888247 982723
Less losses on risks reinsured in Companies au
thorized in Georgia 3468371 3S8973
Net losses paid 5419876 593750
Losses incurred 10475231 1179243
Less losses on risks reinsured in Companies au
thorized in Georgia 3600131 4609S2
Net losses incurred 6875100 718261
PHOENIX FIRE INSURANCE COMPANY OF PARIS FRANCE
17 Custom House Street Providence R I
Starkweather Shepley Inc U S Managers
Attorney for service in GeorgiaLeo F Nadeau Atlanta Ga
Kinds of business done in GeorgiaFire and Lightning Insurance
Amount of deposit capital 20000000
Ledger assets Dec 31 1919 136408375
Extended at 136408375
Income
Gross premiums on new business 255354448
Deduct amount paid for insurance and return
premiums 158656176
Total premiums 96698272
Interest and rents 44537S9
Total income 101152061
Carried forward 237560436
Disbursements
Net amount paid policyholders for losses 47718076
Legal and administrative expenses in adjustment of claims 87076
Commissions and allowances to agents 33880245Insurance Department of Georgia
225
Salaries of officers and employes
Advertising printing postage telegrams etc
Other items
Inspections and surveys
Federal taxes
Taxes licenses and fees
Auditing accounts 1919
1027470
3755194
2626773
20001
46529
46390
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Other items
Cash deposited with Philadelphia Underwriters Assn
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Beinsurance due from other Companies
7429438
89991441
147568995
109992138
5000
9583348
27958509
30000
147568995
1229884
1456235
Total assets 150255114
Deduct Assets Not Admitted
Book value of bonds and stocks over market
value 7909756
Total not admitted assets
Total admitted assets
7909756
LiabiliUcS
Net amount of unpaid losses and claims
Beserves or unearned premiums on risk outstanding
Other items
Estimated federal taxes 2750000
Contingent commissions 8681394
Total amount of liabilities except capital
Capital deposit 20000000
Surplus over all liabilities 23411906
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Bisks
Tn force on the 31st day of December 1919 227355373
Written or renewed during the year 265793292
Total 493148665
Deduct those expired and marked oft as ter
minated 213154732
In force at the end of the year
Deduct amount reinsured
279993933
142105293
Net amount in force 137888640
Business in the State of Ueorgia During 1920
Gross risks written
Less 2322581 risks cancelled and 1852407 reinsurance In
142345358
14480082
73021976
11431394
98933452
43411906
142345358
Premiums
222399993
255354448
477754441
204070253
273684188
140028037
133656151
A Fire
841676000226 Annual Report
Companies authorized in Georgia 417498800
424177200
Net risks written v
Gross premiums on risks written U74p5 1
Less 2043173 return premiums and 2903295 premiums for
reinsurance in Companies authorized in Georgia qjioioa
6799083
Net premiums receivedj
Losses paid deducting salvage 419612i
Less losses on risks reinsured in Companies authorized in 7 255 22
Georgia
S 3470901
Net losses paid
5217222
Losses incurred 77r 7
Less losses on risks reinsured in Companies authorized in 2
Georgia
4289250
Net losses incurred
Investments in Georgia
1000000
Bonds
Total investments in Georgia 1000000
PROVIDENCE WASHINGTON INSURANCE COMPANY
20 Market Square Providence R I
A G Beals Secretary
for service in GeorgiaCharles M Jerome Atlanta Ga
Kinds of business done in GeorgiaFire Marine Tornado and Transportation
J B Branch President
t M1H r nnital 100000000
Amount of paidup capital
Ledger assets Dec 31 1919 804185840
Ledger a
Kxtended at
Income
Gross premiums on new business 1io7
Gross renewal premiums bundauau
71257
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Total income
Carried forward
804185840
717141227
41972366
6734881
765848474
1570034314
Disbursements
Net amount paid policyholders for losses 40o603545
Legal and administrative expenses in adustment of claims JSSfih
Commissions and allowances to agents 98R7fl
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policvholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Field supervision
Furniture and fixtures
Maps
Inspections and boards
Federal taxes
Taxes licenses and fees
Legal expense
Agents balances charged off
Discounts on marine premiums
Miscellaneous
9832396
2283658
784034
1273909S
22433120
20475157
70253
80497
239542
148938
28228670
2308900
S765418
16000000
2667750Insurance Department of Georgia
227
Real estate expense
1136724
70855707
Total disbursements
Balance
Ledger Assets
Book value of real estate
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable
Total ledger assets as per balance No 23
NonLedger Assets
interest due and accrued
Market value of assets over book value
Other items
Due from reinsuring Companies on paid losses
697548806
872485508
10000000
344053151
274207968
77602
111647225
1051955
93573
4253734
872485508
3763742
89299406
539545
Total assets 974088201
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Overdue interest
448718
127266
25000
Total not admitted assets
Total admitted assets
600984
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Funds held under reinsurance treaties
Total amount of liabilities except capital
Capital actually paid in cash 100000000
Surplus over all liabilities 301132245
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force December 31 1919 840104806
Written or renewed during the year 867316272
Total 1707421078
Deduct those expired and marked off as ter
minated 669476417
In force at the end of the year 1037944661
Deduct amount reinsured 353544746
Net amount in force December 31 1920 684399915
Business in ForceMarine and Inland
Risks
In force December 31 1919 46457573
973487217
123385832
421042703
3000000
16595198
8331239
572354972
401132245
973487217
Fremiums
818445812
823866789
I 1642312601
668007607
974304991
308853259
665451735
Premiums
136371208228 Annual Report
Written or renewed during the year 1107492513
1153950086
Deduct ttfoBeexpired and marked off as ter
minated
In force at the end of the year 53891371
Deduct amount reinsured lztaasoi
Net amount in force December 31 192v I 41232010
Business in the State of Georgia During 1920
A Fire
Gross risks written 1740604300
T ess 5 211621 risks cancelled and b6J36ZL
reinsurance in Companies authorized in
Georgia
Net risks written 708875400
Gross premiums on risks written 17792157
Less 68 34391 return premiums and 3915381
premiums for reinsurance in Companies au
thorized in Georgia iSii3
Net premiums received 9916483
Losses paid deducting salvage l 976106
Less losses on risks reinsured in Companies au
thorized in Georgia J
Net losses paid 6591389
Losses incurred 11618290
Less losses on risks reinsured in Companies au
thorized in Georgia sxba
Net losses incurred 7791465
497007468
6333786 4704553 76 77
1629232 431704 99 12
119752887
Marine and
Inland
750892100
128765300
622126800
12021373
2934098
9087275
7755698
18996
7736702
8538972
125299
8413673
QUEEN INSURANCE COMPAHT OF AMERICA
84 Williams Street New York City N Y
Nevett S Bartow President
Frank E Jenkins secretary
Attorney for service in GeorgiaS Y Tupper Trust Co of Georgia Building
Atlanta Georgia
Kinds of business done in GeorgiaFire Tornado Sprinkler Leakage
Explosion Riot and Civil Commotion and Marine Insurance
f rairl nr cnnital 200000000
Amount of pan ip aP 22 171S098293
Ledger assets Dec 31
Extended at
1591304025
583327183
1718098293
1007976842
65509599
496980
Income
Gross premiums on new business I
Deduct amount paid for insurance and return
premiums
Total premiums
Interest and rentsrrrI V
Profits on sale or increase by adjustment of assets
Income tax withheld at source from employes Salaries as
required under the provisions of the income tax law of
N Y State vnkln
Agents balances previously charged off lluo
1074089125
Total income
2792187418
Carried forwardInsurance Department of Georgia
229
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents
Advertising printing postage telegrams etc
Other items
Paid during current year for income tax withheld in pre
vious year
Dividends to stockholders
Agents balances charged off
426811617
12221987
195300110
103542638
9064761
116858615
862900
81717
60000000
147601
Total disbursements 9 248 91946
Balance 1867295472
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable
Reinsurance due on losses paid
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
6000000
1306935759
261946569
429729
111902445
685368
156348225
5095
19174713
1867295472
14993005
Total assets j 1882288477
Deduct Assets Not Admitted
Agents balances 7340363
Other items
Reinsurance due on losses paid unauthorized
Companies 4482368
Bank value of stocks and bonds over market
value 166000758
Total not admitted assets 1 773 234 89
Total admitted assets 17044 649 88
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Pension obligations 7534880
Income tax withheld at source from employees
salaries as required under the provisions of
the income tax law of N Y State 75125
Total amount of liabilities except capital
Capital actually paid in cash 200000000
Surplus over all liabilities 502419919
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force December 31 1919 1482059270
138947536
808189822
10317927
36979779
7610005
1002045069
702419919
1704464988
Premiums
1405629323HS1
230
Annual Report
Written or renewed in 1920 139774408
expirations and cancellations
Total
Deduct
In force December 31 1920
Deduct amount reinsured
Net amount in
force
Business
ForceMarine
In force December 31 1919
Written or renewed during the year
Total
Deduct
expirations and cancellations
2879803358
1089361718
1790441640
375408570
1415033070
and Inland
Risks
89062296
2066928486
2155990782
2025703865
In force December 31
Deduct amount reinsured
1920 130286917
21961384
1238024207
2643653530
1010012868
1633640662
290953626
1342687036
Premiums
132888754
353279818
486168572
323990363
i 162178209
f S690SS8
Net
amount in force
RECAPITULATION
108325533 153487321
Year
Written
1920
1919
1920
1918
1919
1920
1917
1918
1919
1920
1916
1917
1918
1919
1920
1
2
2
3
3
3
4
4
4
4
5
5
5
5
5
Over
OF FIRE
Amount
Covered
year or less 449527093
years 8589756
years 18509700
Vears 174538737
Vears 220020030
years 1347218967
1716535
2461814
918050
RISKS AND PREMIUMS
Premiums Fraction Premiums
Char
jed Unearned
years
years
years
years
years
years
4779535
29967930
33763508
years 29456688
years 37890166
Vears III 54171782
5 years 1202779
Totals 1415033070
438452205
6987669
12596389
163928051
204157041
290975213
1577305
2146706
1402052
474295S
I 19S7323
36247233
35798085
451S6912
62375 199
1126395
1342687036
12
14
34
16
12
56
18
38
58
78
110
310
12
710
910
Var
Unearned
219226102
1746919
9147290
27321341
102078519
242479344
197162
805016
S76281
4150084
3498732
10874171
17899043
31630834
56137949
7S8614
729157401
Business in the State of Georgia
During 1920
A Fire
Gross risks written 3489656
Less 9447112 risks cancelled and
reinsurance in Companies
Georgia
Marine and
Inland
00 49350S000
authorized
1316395700
35574000
wrltten 2173261000 457934000
Net risks
Gross premiums on risks written
Less 79 99874 return premiums and 6107148
premiums for reinsurance in Companies au
thorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
42604925
13202597
29402328
11874016
1842844
4916367
904425
4011942
1145353
Net losses paid
10031172
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
17732138
5063044
Net losses
incurred t 12669094
1145353
1948353
1948353Insurance Department of Georgia
231
RHODE ISLAND INSURANCE COMPANY
17 Custom House Street Providence R I
George L Shepley President Emil G Pieper Secretary
Attorney for service in Georgia Leo F Nadeau Atlanta Ga
Kinds of business done in GeorgiaPire Tornado Sprinkler Leakage
Lightning Windstorm Explosion Riot and Civil Commotion
War Risks other than Marine
Amount of paidup capital 60000000
Ledger assets Dec 31 1919 284405316
Extended at
284405316
Income
Gross premiums on new business 486195996
Deduct amount paid for insurance and return
premiums 277779885
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Total income 219140
208416111
10484768
240000
Carried forward 503546195
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Inspections and surveys 3139722
Federal taxes 6640522
Taxes licenses and fees 7295508
Auditing books and accounts 1919 25000
90881950
1751442
67471431
34853
111282
6000000
50000
17100752
Total disbursements 183401740
Balance 320144455
Ledger Assets
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Other items
Cash deposited with Philadelphia Underwriters Assn
175496228
73100756
26497659
45019812
30000
Total ledger assets as per balance No 23 320144455
NonLedger Assets
Interest due and accrued 1893558
Other items
Reinsurance due from other Companies 11643960
Due from refund of federal taxes acct re
insurance treaty 225160
11869120
Total assets 333907133
Deduct Assets Not Admitted
Book value of bonds and stocks over market value 17720044
Total not admitted assets 17720044
Total admitted assets 316187089232
Annual Report
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued estimated
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
60000000
44187178
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
494134367
532250842
In force on the 31st day of December 1919
Written or renewed during the year
Total 1026385209
Deduct those expired and marked off as ter
minated 405254684
In force at the end of the year 621130525
Deduct amount reinsured 292294163
Net amount in force 328836362
Business in the State of Georgia During 1920
Gross risks written
Less 4293679 risks cancelled and 3670512 reinsurance in
Companies authorized in Georgia
18569059
170574314
1500000
14856538
6500000
211999911
104187178
316187089
Premiums
459400432
459400432
94559642S
377411381
568185047
259670627
308514420
A Fire
1552106900
Net risks written
Gross premiums on risks written
Less 3760756 return premiums and 4519930 premiums for
reinsurance in Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies authorized in
Georgia
796419100
755687800
19679602 8280686
11398916
6948079 2206976
4741103
7922971 2553062
Net losses incurred
Investments in Georgia
Bonds
Total investments in Georgia
1000000
5369909
1000000
ROYAL EXCHANGE ASSURANCE
London England
United States Branch92 William Street New York N Y
Everard C Stokes United States Manager
Gayle T Forbush Associate Manager
Attorney for service in GeorgiaStrother C Fleming Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Marine and Inland
Automobile and Sprinkler Leakage InsuranceInsurance Department of Georgia
233
Deposit Capital 40000000
Ledger assets Dec 31 1919 455187929
Extended ot
Income
Gross premiums on new business 901346557
Deduct amount paid for insurance and return
premiums 455445752
Total premiums
Interest and rents
Profit on sale or increase by adjustment of assets
Other sources
Income tax State of New York withheld 219 95
Remittances from home office 200977570
Total income
455187929
445900805
17840109
2169937
200999565
666910416
Carried forward 1122098345
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Remittances to home office
Other items
Traveling expenses 6076674
Furniture and maps 830353
Inspections and surveys 8133483
Taxes 18297013
Miscellaneous expenses 254989
Agents balances charged off 40657
State of New York income tax refunded 23103
227104653
5561387
115444628
20483090
1293684
5333399
5556175S
Total disbursements
Balance
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Bank interest
Reinsurance due on paid losses
Total assets
Deduct Assets Not Admitted
Agents balances 3977977
Other items
Overdue and accrued Interest on bonds in de
fault 117600
Book value of bonds over market value 106737897
33656272
464438866
657659475
574569661
5500000
77531
21350100
56162187
657659479
6531111
14276
947564
67368506
Total not almitted assets
Total admitted assets
110893474
562787032234
Annual Report
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Income tax State of New ork withheld
Total amount of liabilities except capital
Deposit capital n 44788
Surplus over all liabilities 128044 fab
Surplus protection to policyholders
Total liabilities
79115169
298116649
3878951
1361368S
17813
394742264
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Risks
597166676
608427ITS
Total 1205593854
Deduct those expired and maked off as ter
minated
In force at the end of the year
Deduct amount reinsured
733104985
262014991
Net amount in force 471089994
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 80257352
Written or renewed during the year lllibu
Tota 1191930260
Deduct those expired and marked off as ter
minated c
In force at the end of the year
Deduct amount reinsured
79972183
44731043
168044768
562787032
Premiums
536526819
551087870
10S76146S9
430832028
656782661
192086028
464696633
Premiums
122037821
350258687
472296508
323190954
149170954
1032852
Net amount in force 35241140 85073102
Business in the State of Georgia During 1920
A Fire
Gross risks written 926833500
Less 3456842 risks cancelled and J9bMlb
reinsurance in Companies authorized
Marine and
Inland
ss 1990000
Georgia
Net risks written
Gross premiumson risks written
Less 4819142 return premiums and b3922b
premiums for reinsurance in Companies au
thorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
903012000
410653800
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
23821500 474336200
10796569
7010554
3756015
7109239
3617096
3492143
8164079
4322525
9441453
4517814
4923639
2081288
263634
1817654
2089928
245034
1844894
3841554Insurance Department of Georgia
235
BOYAL INSURANCE COMPANY ltd
84 William Street New York N Y
Walter Carter General Attorney for U S
Attorney for service in GeorgiaMilton Dargan 1201 Hurt Bldg Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Sprinkler Leakage Ex
plosion and War Risk Riot and Civil Commotion Tourist Floater
Automobile and Marine
Amount of deposit capital 40000000
Ledger assets Dec 31 1919 2050859039
Extended at
Income
Gross premiums on new business 2711186300
Deduct amount paid for insurance and return
premiums 1209306818
2050859035
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Premiums on life policies
Interests on loans under life policies
Loans on life policies repaidl
15
279547
22690
16790
01879482
91714260
53586434
Income tax withheld at source from employes salaries
Remittances from home office to U S branch
Agents balances previously charged off
318937
18447
37654432
337116
Total income 1685509108
Carried forward 3736368147
Disbursements
Net amount paid policyholders for losses 688867435
Legal and administrative expenses in adjustment of claims 20624515
Commissions and allowances to agents 281368315
Salaries of officers and employes includes special agents
salaries and expenses 200319876
Rents and interest 12574740
Advertising printing postage telegrams etc 48630874
Paid deposit premiums returned on perpetual risks 782530
Loss on sale and decrease by adjustment of assets 1230000
Other items
Remittances to home office by U S branch 59184383
Inspections and surveys including boards and
tariff associations
Taxes licenses and fees
Federal taxes
Agents balances charged off
Payments under life policies
Real estate expenses repairs taxes etc
Refund to employes for income tax withheld
from salaries 1919
29683449
52256176
42838005
147605
1131748
17398090
93120
143548195
Total disbursements 1457130862
Balance 22792372
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Bills receivable taken for
notes etc
Are risks farm
2408
357
15300
243
12
1204
2666
50000
30000
65000
83543
41254
82520
6379D
253046
236
Annual Report
Due from other Companies for reinsurance 0
losses already paid
57289123
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Interest due on mortgages
Rents due and accrued
400638
783383
Total assets
59821169
2279237285
18439706
11S9021
2298866012
Deduct Assets Not Admitted
18093099
Agents balances
Bills receivable
Other items
Ecess of bills receivable not past due taken
for Are risks over the unearned premiums
thereon farm notes etc
Due from unauthorized Companies for rein
surance on losses already paid
Book value of stocks and bonds over market
value
85085
265821
7776460
153490765
179711230
Total not admitted assets
Total admitted assets 2119154782
Liabilities
Net amount of unpaid losses and claims SiSi55
Reserves or unearned premiums on risks outstanding So k
Salaries and miscellaneous accounts due and accrued bM1
Other items
Amount reelaimable by insured on perpetual
policies 7ZTIi
Net premium reserve on all other liabilities
except capital W
Bstimated amount hereafter payable for fed
eral state and other taxes based upon busi
ness of the year of this statement
Contingent commissions on other charges due
or accrued
Income tax withheld at source from employes
salaries
6053382
1818600
64867082
12649712
18447
S540722S
Total amount of liabilities except capital 1596139579
Capital deposit i52M
Surplus over all liabilities 4830152U
Surplus protection to policyholders 523015203
2119154782
Business in ForceFire
Total liabilities
Risks
Premiums
in force on the 31st day of December 199 f 2665851268 626169888
Written or renewed during the year 2337176069 ib4iUfr84
Total5003027337 47906
Deduct those expired and marked off as ter
minated 18383ol3b
8730
1778983340
In force at the end of the year 3164 675 801 30 695390
Deduct amount reinsured 82848605 8228880
Net amount in force 2291827196 2228966510
Perpetual risks not included above SiJSrSl
Deposit premiums on same iiiiInsurance Department of Georgia
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 139206498
Written or renewed during the year 2889596202
Total 3028802700
Deduct those expired and marked off as ter
minated 2836049590
In force at the end of the year 192753110
Deduct amount reinsured 63944371
Net amount in force 128808739
Business in the State of Georgia During 1920
A Fire
Gross risks written 444375700
Less 11778293 risks cancelled and 13117984
reinsurance in Companies authorized in
Georgia 2372711000
Xet risks written 2071039700
Gross premiums on risks written 55209278
Less 12952853 return premiums and 4201835
premiums for reinsurance in Companies au
thorized in Georgia 15123872
Net premiums received 40085406
Losses paid deducting salvage 19600983
Less losses on risks reinsured in Companies au
thorized in Georgia 2153471
Net losses paid 17447512
Losses incurred 22756683
Less losses on riks reinsured in Companies au
thorized in Georgia 2366971
Net losses incurred 20389712
237
Premiums
211457029
546677458
758134487
504817452
253317035
15612370
237704665
Marine and
Inland
3379045200
116916700
3262128500
6786687
203081
4755871
3447755

3447755
1 3475255

3475255
SAVANNAH EIRE INSURANCE COMPANY
Savannah Georgia
Mills B Lane President F M Butler Secretary
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capital 20000000
Ledger assets December 31 1919 26999296
Increase of paidup capital during year 10000000
Extended at 36999296
Income
Gross premiums on new business 20028471
Deduct amount paid for insurance and return
premiums 5843799
Total nremiums 14184672
Interest and rents 18tf142
Other sources
Profit on sale of capital stock 112000
112000
Total income 16111814
Carried forward 53111110238
Annual Report
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Advertising printing postage telegrams etc
Faid policyholders for dividends
Losses on sale and decrease by adjustment of assets
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Deposits not at interest
Agents balances net
Other items
Collateral loan
Reinsurance due
3196953
12500
2745177
1391681
1382035
3000000
216183
11944529
41166581
11100000
800000
24203325
1575000
79927i
2795119
80000
2196
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Rents accrued
Total assets
Deduct Assets Not Admitted
Other items
Book value of bonds over market value 18833U
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
20000000
10396253
Surplus protection to policyholders
Total liabilities
Business in ForceFire

82196
41354911
231753
64100
41650764
188330
In force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
Risks
6862fir I
20772490
27635144
10278581
17356563
303i fit
41462434
223500ft
8831181
11066181
30396253
4146217i
Premiums
10672527
20028471
30700998
10549632
20151366
4175019
Net amount in force 14322n2n
In Force in the State of Georgia During 1920
Gross risks written
Less 1243365 risks cancelled and 2055924 reinsurance in
Companies authorized in Georgia
15976347
A Fire
399977200
329928900Insurance Department of Georgia 239
Xet risks written 70048300
Gross premiums on risks written
Less 707385 return premiums and 2813048 premiums for
reinsurance in Companies authorized in Georgia
Xet premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Georgia
Xet losses paid
Losses incurred
Less losses on risks reinsured in Companies authorized in
Georgia
Xet losses incurred 502174
Investments in Georgia
Real estate 11100000
Bonds 3202000
Mortgage loans 800000
Collateral loans 80000
Other items
Bank stock 1575000
Total investments in Georgia 16757000
t 5240124
3520433
1719691
1440343
948141
492202
1450315
948141

SCANDINAVIANAMERICAN ASSURANCE CORPORATION ltd
72 Beaver Street Xew York X Y
F H C Rosborn TJ S Manager
Kinds of business done in GeorgiaFire and Marine
Amount of paidup capital 40000000
Ledger assets Dec 31 1919 370212478
Extended at 370212478
Income
Gross premiums on new business 648204250
Deduct amount paid for insurance and return
premiums 192844097
Total premiums 455360153
Interest and rents 17428038
Profits on sale or increase by adjustment of assets 1159711
Other items
Remittance from home office 132119831
132119831
Total income 606062735
Carried forward 976275211
Disbursements
Xet amount paid policyholders for losses 296359708
Legal and administrative expenses in adjustment of claims 5544560
Commisions and allowances to agents 121400829
Salaries of officers and employes 36241
Advertising printing postage telegrams etc 2816937
Loss on sale and decrease by adjustment of assets 386625
Other items
Inspections and surveys 158083
Taxes 12908355
Legal expenses 623290
Miscellaneous 834460
240
Annual Report
Remittance to home office 94019879
Total disbursements
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Other items
Losses due from reinsurers
108544067
535088965
44118624f
2500000
269S41792
10412500
112609996
380790S9
7742869
Total ledger assets as per balance No 23 440186246
NonLedger Assets
Interest due and accrued
4143954
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Market value over book value of securities
Losses due from unauthorized reinsurers
Total not admitted assets
Total admitted assets
3927092
8816088
7039060
445330200
19782240
425547960
Liabilities
Net amount of unpaid losses and claims HSHS64
Reserves or unearned premiums on risks outstanam
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
146589044
10500000
356945687
40000000
28602273
Surplus protection to policyholders 6S6022iH
m t 425547960
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 gjj
Written or renewed during the year 33t4S8aii
Total 393170701 398278042
Deduct those expired and marked off as ter
minated 163542044
Premiums
55042708
343235334
189405668
in force at the end of the year 229628657 208872374
Deduct amount reinsured 93Ob90 mauii
Net amount in force 1 136422755 145818663
Business in ForceMarine and Inland
Risks Premiums
force on the 31st day of December 1919 100637 Vniftllill
Written or renewed during the year 654024986 304968916
Totfl 760805623 463064389
nMi 632090182 321576695
In force at the end of the year
Deduct amount reinsured
128715441 141487694
22030562 25006302
Net amount
in force 106684879 11648132
Insurance Department of Georgia
241
Business in the State of Georgia During
Inland
Including Tornado
14 456 16700 92081300
Gross risks written ifiismOO
Less 4618171 risks cancelled 4ti8ifi
Net risks written 983799600 92081300
Gross premiums on risks written ffilS 35299
Less 4538613 return premiums 4M8
Net premiums received 12232265
Losses paid deducting salvage 2869587
Net losses paid 2M9B87

Losses incurred
3445798
Net losses incurred 3445798
Investments in Georgia
1000000
Bonds
Total investments in Georgia
352995
3300
3300
1000000
SCOTTISH UNION NATIONAL INSURANCE COMPANY
Edinburgh Scotland
75 Elm Street Hartford Conn
J H Vreeland Manager Georgiaw R Hoyt Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Riot Sprinkler Leakage
Automobile
Amount deposit capital o a
Ledger assets December 31 1919 8388977db
838897736
Extended at
Income
Gross premiums on new business 985688620
Deduct amount paid for insurance and return
premiums 52844144
457264476
Total premiums 33426065
oflts onaleT 1670782
Remittances from home office to IT S branch 214687
214681
492576008
Total income
Carried forward 1331473744
Disbursements
Net amount paid policyholders for losses 22litllll
Legated administrative expenses in adjustment of claims ftH3S
Commisions and allowances to agents 470 101 51
Salaries of officers and employes 16 051 44
Rents and interest qfii 410
Advertising printing postage telegrams etc 2827803
Loss on sale and decrease by adjustment of assets isitzv
Other items t 1991101s
Taxes inspections and surveys S llldis
Taxes federal state and miscellaneous 31848
Real estate expenses 6734in242
Annual Report
Remittances to home office by U S branch 3832111
Decrease in liabilities acct reinsurance treaties 9580831
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first liens
Bonds at book value
Stocks at book value
Deposits at interest
Deposits not at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Book value of bonds and stocks over market
value
3692459
58770435
Total not admitted assets
Total admitted assets
58046003
45435059
877123146
19912827
5085000
715882210
5913125
37419973
437807
92472204
877123146
10618205
8S7741351
62462894
825278457
56249600
421210605
1300000
17000000
3035565
498795768
328482689
S 25278457
Premiums
1026503173
866310214
1892813387
736429123
1156384264
43596223
Net amount in force 811626706 720422032
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 66660408 91833432
Liabilities
Net amount of unpaid loses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Funds held under reinsurance treaties 2758854
Payments of employes on Liberty Loan Bonds 276709
Total liabilities except capital
Capital deposit
Surplus over all liabilities
20000000
306482689
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 19191237833310
Written or renewed during the year 1065296683
Total 2303129993
Deduct those expired and marked off as ter
minated 924936536
Tn force at the end of the year 1378193467
Deduct amount reinsured 566566706Insurance Department of Georgia 243
Written or renewed during the year 107108301 119378406
Total 173768709 211211838
FhJLl1 101561004 123031037
In force at the end of the year 107705 lii
Deduct amount reinsured 13955852 15800754
Net amount in force 58251853 72380047
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1702036100 129426900
Less 5327474 risks cancelled and 769751
reinsurance in Companies authorized m 19568300
Georgia jijt
Net risks written 1111881900 109858600
Gross premiums on risks written 13685795 1516409
Less 3013638 return premiums and 441437
premiums for reinsurance in Companies au
thorized in Georgia 3053008 402067
Net premiums received 10632787 1114342
Losses paid deducting salvage 4356662 832654
Less losses on risks reinsured in Companies au
thorized in Georgia 265244
Net losses paid 4091418 832654
Losses incurred 4023262 910154
Less losses on risks reinsured in Companies au
Georgia
Net losses incurred 3758018 910154
Investments in Georgia
2500000
Bonds T
Total investments in Georgia 2500000
SECURITY INSURANCE COMPANY
115 Elm Street New Haven Conn
t w int President Willis Parker Secretary
Jhn tomevSf or service in GeorgiaKobt P Clower Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Marine etc
t f air nn canital 100000000
Amount of paidup capital q1
Increase of paidup capital during year 720346091
Extended at
Income
Gross premiums on new business 937159907
Deduct amount paid for insurance and return
premiums
720346091
378908341
Total premiums
Interest and rentst
proflts on sale or increase by adjustment of assets
Other items
Stock dividends
Und Salvage Co N Y 10 shares
Bank Building Co 133 shares
Hocking Valley Products Co 50 shares
Borrowed money gross
100000
1330000
50000
26500000
558251566
35077831
208750244
Annual Report
Agents balances charged off
26720
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes etc
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first liens
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable etc
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
28006720
621544867
1341890958
257732191
7663275
124419446
47044100
3554959
8248167
10000000
190625
83553087
542405849
799485109
36292681
87380000
472729674
97464663
829994
8562022
11548015
68682887
15992173
799485109
8685845
1907319
810078273
Deduct Assets Not Admitted
Agents balances 920866
Bills receivable 952669
Other items
Book value of bonds and stocks over market
value 41250337
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions
Total amount of liabilities except capital
Capital actually paid in cash 100000000
Surplus over all liabilities 141051216
Surplus protection to policyholders
Total liabilities
43123872
766954401
62679740
441814216
409229
20000000
1000000
525903185
241051216
766954401Insurance Department of Georgia
245
Business in ForceFire
Risks
In force December 31 1919 llltllltl
Written or renewed during the year S88i7su
Excess of original premiums over amount re
ceived for reinsurance 1
Total 1781498632
Deduct those expired and marked off as ter
minated 682465304
In force at the end of the year 12Sft5n9
Deduct amount reinsured 3iaU4uiii
Net amount in force 779129315
Business in ForceMarine and Inland
Risks
In force December 31 1919 22HS
Written or renewed during the year 58i3d4zi
Total 70914688
Deduct those expired and marked off as ter
minated blSibii
In force at the end of the year
Deduct amount reinsured
18978949
159479
Premiums
885260279
856718084
848378
1742826732
710335842
1032490890
266941948
765548942
Premiums
35362992
80441823
115804815
70380392
45424423
401803
Net amount in force
RECAPITULATION
18819470 45022620
OF FIRE RISKS AND PREMIUMS
Year
Written
1920
1919
1920
1918
1919
1920
1917
1918
1919
1920
1916
1917
1918
1919
1920
1
2
2
3
3
3
4
4
4
4
5
5
5
5
5
Over
Adva
year or less
years
years
years
years
years
years
years
years
years
years
years
years
years
years
5 years
nee premiums
Amount
Covered
203728720
2204147
6262759
101749306
119128066
189094526
249861
781341
673195
1459613
23445269
26865642
27187106
31847747
44452017
Premiums
Charged
2048796
24105
47361
917809
1137277
1507238
4465
7809
8482
18520
247594
313350
361755
425925
584995
Fraction
Unearned
12
14
34
16
12
56
1
38
58
78
110
310
12
710
910
pro rata
100
Premiums
Unearned
102439815
602636
3552119
15296818
56863852
125603217
55824
292870
530173
1620576
2475948
9400505
18087765
29814815
52649613
Totals 779129315 765548942 419286546
Grand totals 779129315 765548942 419286546
Business in the State of Georgia During 1920
A Fire
Gross risks written 1866173000
Less 4406115 risks cancelled and 6595134
reinsurance in Companies authorized in
Georgia 1070619900
Net risks written 795553100 145786100
3097326
Marine and
Inland
175291100
29505000
Gross premiums on risks written 14455252
Less 3085463 return premiums and 4839766
premiums for reinsurance in Companies au
thorized in Georgia 7432912
Net premiums received 7022340
Loses paid deducting salvage 4385443
492317
2605009
1520478
246 Annual Report
Less losses on risks reinsured in Companies au
thorized in Georgia 1691982
Net losses paid 2693461
Losses incurred 4519078
Less losses on risks reinsured in Companies au
thorized in Georgia 1589742
Net losses incurred 2929336
1520475
16
IS47
6200
IS41716
SOUTHERN MUTUAL INSURANCE COMPANY OF ATHENS GA
Southern Mutual Building Athens Ga
Billups Phinizy President A E Griffith Secretary
Attorney for service in GeorgiaOfficers of the Company Athens Ga
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capitalNone a purely mutual Company
Ledger assets Dee 31 1919 84827973
Extended at 84827973
Income
Gross renewal premiums 37429299
Deduct amount paid for insurance and return
premiums 826617
Total premiums 36602682
Interest and rents 5517045
Profits on sale or increase by adjustment of assets 554070
Other sources
Amount for reserve for depreciation office
building 451760
Less amount for replacements 277099
174661
Total income 42848458
Carried forward 127676458
Disbursements
Net amount paid policyholders for losses 10164552
Legal and administrative expenses in adjustment of claims 46166
Commissions and allowances to agents 5514618
Salaries of officers and employes 2627000
Rents and interest 180000
Advertising printing postage telegrams expense acct etc 231600
Paid policyholders for dividends 10466S81
Loss on sale and decrease by adjustment of assets 1431750
I H her items
Heal estate expenses tayes and depreciation 25180 80
Taxes federal 398495 state city 564307 Ins Dept
37321 1000123
Profit and loss damages 202395 old scrip 1954 Res
31741 236090
Total disbursements 34416860
Balance 93259571
Ledger Assets
Book value of real estate 25000000
Bonds at book value 66733600
Deposits not at interest 142676
Agents balances net 1383295
Total ledger assets as per balance No 23 93259571Insurance Department of Georgia
247
NonLedger Assets
Interest due and accrued
Other items
Rents due office building
Total assets
Deduct Assets Not Admitted
Other items oAoirrnn
Book value of bonds over market value 2081700
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Taxes due or accrued 78647 rent 15000
Other items
Reserve for depreciation office building
Total amount of liabilities except capital
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
Risks
43065097
46192852
89257949
44234622
1205675
285625
94750871
2081700
92669171
696574
18301341
6777584
93647
931463
26800606
65868565
92669171
Premiums
38001448
37429299
826617
In force at the end of the year 45023327
Net amount in force 502H
Business in the State of Georgia During 1920
36602682
36602682
Gross risks written
Less 1536613 risks cancelled
Net risks written
A Fire
4619285200
153661300
Gross premiums on risks written
Less 826617 return premiums
Net prefiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses inclined
4465623900
37429299 826617
36602682
10164552
10164552

9930949
Investments in Georgia
Real estate
Bonds
Other items
Cash and accrued interest
9930949
25000000
47650000
Total investments in Georgia
3017271
75667271248
Annual Report
SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY
195 State Street Springfield Mass
SM in OeorgiaIames L Dic Sk
Kinds of business done in GeorgiaFire Tornado and Sprinkler Leakage
Amount of paidup capital 2500 000 00
Ledger assets December 31 1919 174lM14o9
Extended at
Income
Gross premiums on new business 21 721 39 sn
Deduct amount paid for insurance and return Iiis8U
premiums 810255778
Total premiums
Interest and rents Z
Profits on sale or increase by adjustment of assets
Other sources
From agents balances previously charged off
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc Z
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses
Furniture and fixtures
Maps
57157286
1931714
1658797
iiiovuuiiH anu surveys ooo icq i
Taxes licenses and feesIHi 77
Legal expenses including legal expenses on
10 S tr S
Agents balances charged off
Sundry expenses
Real estate expenses
76791329
116829
158427
358454
1590807
Total disbursements
Balance
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due on paid losses
Total assets
1741311409
1361883602
78973278
73552
99504
1441022936
3182341345
531147041
8816626
284477408
72321010
628850i
23927769
40000000
1299943
163078951
11313572 54
20509840S9
33500000
260077000
699743279
556104551
200000
2482822 51
23957825
2291191NO
2050984089
17062785
2071S422
2088765296Insurance Department of Georgia
249
Deduct Assets Not Admitted
Agents balances 10831355
Other items
Book value of bonds and stocks over market
value
Total not admitted assets
Total admitted assets
40446430
Liabilities
Xet amount of unpaid losses and claims
Reserve or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions
Total amount of liabilities except capital
Capital actually paid in cash 250000000
Surplus over all liabilities 403341768
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 2003892532
Written or renewed during the year 2206725730
Total 4210618262
Deduct those expired and marked off as ter
minated 1586158675
In force at the end of the year 2624459587
Deduct amount reinsured 657295732
51277786
2037487511
173279596
1136866147
20000001
5000000
36000000
13000000
1384145743
653341768
2037487511
Premiums
2037361031
1988670379
4026031410
1537923111
2488108299
516667634
Net amount in force 1967163855 1971440665
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 91409718
Written or renewed during the year 651672214
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
743081932
671744825
71337107
1946566
Premiums
55648893
183469001
239117394
123610121
115507273
1388011
69390541 114119263
Marine and
Inland
322258100
24684800
Net amount in force
Business in the State of Georgia During 1920
A Fire
Gross risks written 2512388700
Less 6073776 risks cancelled and 9178046
reinsurance in Companies authorized in
Georgia 1500497400
Net risks writen 1011891300 297573300
Gross premiums on risks written 18563900 836393
Less 3495879 return premiums and 4388815
premiums for reinsurance in Companies au
thorized in Georgia 7685089 199605
Net premiums received 10878811 636788
Losses paid deducting salvage 4546017 776586250 Annual Report
Less losses on risks reinsured in Companies au
thorized in Georgia 789570
Net losses paid 3756447 7765SG
Losses incurred 8889996 785780
Less losses on risks reinsured in Companies au
thorized in Georgia 2791713
Net losses incurred 6098283 785780
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000

STANDARD FIRE INSURANCE COMPANY
18 Asylum Street Hartford Conn
M L Hewes President
Amount of paidup capital
Ledger assets Dec 31 1919
H B Anthony Secretary
50000000
163608552
Kxtended at 163C0S552
Income
Gross premiums on new business 133423090
57870016
Deduct amount paid for insurance and return
premiums
Total premiums
Interests and rents
Other sources
Additional Michigan surcharge from Court
From agents balances previously charged off
Total income
26905
24779
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Total field supervisory expenses
Furniture and fixtures including rent of and repairs to same
Maps including corrections
Inspections and surveys
Federal taxes S7S469 taxes licenses and fees 3111117
Miscellaneous investment expenses
Agents balances charged off
75553074
6314963
51684
81919721
245628273
29945468
74713S
16252286
558537S
456558
1702122
4000000
8653601
4737624
4974R
191355
19796S6
3989586
850228
2014
Total disbursements 79142792
Balance 166385481
Ledger Assets
Bonds at book value 135467822
Stocks at book value 7047100
Cash in office 387S4
Deposits at interest 10118381Insurance Department of Georgia
251
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued on bonds
Other items
Furniture and fixtures cost 3625ol9
Total assets
13713394
166385481
1752839
1000000
169138320
Deduct Assets Not Admitted
Agents balances
Other items
Furniture fixtures and safes
Book value of bonds and stocks over market
value
Total not admitted assets
Total admitted assets
25608
1000000
8094842
Liabilities
Net amount of unpaid losses and claimsj
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
EsUmaSd amount hereafter payable for federal state and
other taxes based upon the business of the year of this
statement
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
50000000
36903375
9120450
160017870
7860133
63563647
190715
1500000
73114495
86903375
160017870
Business in ForceFire
Risks
375385
164312092
In force on the 31st day of December 1919 197538570 169830629
Written or renewed during year
Excess of original premiums over amount re
ceived for reinsurance
Premiums
16983062
133423090
1110049
Total
361850662
141047214
Deduct those expired and marked off as ter
minated
In force at the end of the year goHutl
Deduct amount reinsured WM
304363768 120911756
183452012 61299664
Net amount in force 140169027
Business in the State of Georgia During 1920
122152348
A Fire
466045800
Companies authorized in Georgia j
Net risks written
Gross premiums on risks whitten77ooifrrnHiwrt
T ess 3 755 72 cancelled premiums and 1199163 reinsured
premiums for reinsurance in Companies authorized In Georgia
Net premiums received
Losses paid deducting salvage
155536800
2541394
1574735
966657
1058192252
Annual Report
Less reinsurance
Net losses paid
Losses incurred j
Less reinsurance
Net losses incurred
13009
928101
1111874
144374
500
STAR INSURANCE COMPANY OP AMERICA
80 William Street New York N Y
Hugh R London President Robert H Williams Secretary
Attorney for service in GeorgiaB P Walker Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Marine Automobile
Leakage Explosion War Riot and Civil Commotion Registered
Mail Flood
Amount of paidup capital BOO 000 00
Ledger asets Dec 31 1919 204683256
Increase of paidup capital during year 10000000
Extended at 2146S3256
Income
Gross premiums on new business 458853036
Deduct amount paid for insurance and return
premiums 247821192
Total premiums 2 110 318 44
Interest and rents 70668 03
Profts on sale or increase by adjustment of assets 121 84
Other sources
Premiums received on sale of capital stock 40000000
40000000
Total income 258110831
Carried forward 472794087
Disbursements
Net amount paid policyholders for losses 73839464
Legal and administrative expenses in adjustment of claims 23i23957
Commisions and allowances to agents 37633322
Salaries of officers and employes 10695751
Rents and interest lo47053
Advertising printing postage telegrams etc 40J93s26
Loss on sale and decrease by adjustment of assets 29S227
Other items
Field supervisory expenses 44 17025
Taxes licenses and fees 7326791
Furniture and fixtures maps surveys 4213739
Charities 3773
Paid stockholders for dividends 3000000
1 4544305
Total disbursements 14 SS9242S
Balance 323901605
Ledger Assets
Bonds at book value 207230998
Stocks at book value 35677788
Deposits at interest 35646o29
Deposits not at interest 15 62171
Agents balances net 3S308S 11
Other items
Bills receivable taken for farm risks 4161760Insurance Department of Georgia
253

Reinsurance recoverable on losses paid
1314102
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
5475862
323901659
2428149
Total assets 3263298OS
Agents balances 1882633
Other items
Bills recoverable farm 17599
Excess bills receivable over unearned prems 471633
Due from unauthorized Companies reinsurance
on paid losses 553709
Book value of stocks and bonds over market
value 16984786

Total not admitted assets 19910360
Total admitted assets 306419448
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Reserved for contingent commissions due and
accrued 1848393
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
50000000
68907335
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 310890264
Written or renewed during the year 389260311
Total 700150575
Deduct those expired and marked off as ter
minated 269889005
In force at the end of the year 430261570
Deduct amount reinsured 188313108
Net amount in force 241948462
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 5987364
Written or renewed during the year 341951608
Total 347938972
Deduct those expired and marked off as ter
minated 329321388
In force at the end of the year 18617584
Deduct amount reinsured 3890817
31836801
146512726
318029
6996164
1848393
187512113
118907335
30641944S
Premiums
298801363
393581306
692382669
275368383
417014281
188189401
228824885
Premiums
if 19500368
65271730
84772091
51453850
33318248
7777850
Net amount In force 14726767 25540398254 Annual Report
Business in the State of Georgia During 1920
A Fire
Gross risks written 1094607700
Less risks cancelled 660214600
Net risks written 434393100
Gross premiums on risks written 14190569
Less return premiums 7675408
Net premiums received 6515161
Losses paid deducting salvage 4275657
Less losses on risks reinsured in Companies au
thorized in Georgia 2038682
Xet losses paid 2236975
Losses incurred 4307497
Less losses on risks reinsured in Companies au
thorized in Georgia 2072222
Net losses incurred 22270
Marine and
Inland
37121600
16867800
20253800
659697 202614
457083
6342Off 227742
406458
1079360 221902
8574 58
STEELIKO FIRE INSURANCE COMPANY
No 115 No Penn Street Indianapolis Ind
Edward D Evans President Oscar L Ross Secretary
Amount of paidup capital 850000 00
Ledger assets Dec 31 1919 210926637
Extended at 21092663
Income
Gross premiums on new business 294979526
Deduct amount paid for insurance and return
premiums 175436628
Total premiums 1195 428 98
Interest and rents iSinlSsi
Other sources is04982
Commissions on mortgage loans 1nc q
Profit on sale or maturity of bonds 320
Total income 13275879
Carried forward 343685430
Disbursements
Net amount paid policyholders for losses j 441
Legal and administrative expenses in adjustment ofclaims bkJskt
Commisions and allowances to agents 2
Salaries of officers and employes ic
Rents and interest iwrsT
Advertising painting postage telegrams etc aAk
Paid stockholders for dividends JL
Other items olOOOOO
Furniture and fixtures c
Taxes licenses and fees i
Legal expenses 43131 8
Real estate repairs and expensesI 12fn2
Loss on sale or maturity of bonds 21560
Total disbursements
s 97155972
Balance
246529458Insurance Department of Georgia
255
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
338958
208210981
26844370
9500
8617605
25115044
Total ledger assets as per balance No 23 246023458
3997728
NonLedger Assets
Interest clue and accrued
Total assets 250527186
Deduct Assets Not Admitted
Other items
Book value of bonds over market value
403131
403131
Total not admitted assets
Total admitted assets 250124055
Liabilities
Net amount of unpaid losses and claims 26783780
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actualy paid in cash
Surplus over all liabilities
85000000
54345525
77864750
30000
6100000
110778530
139345525
Surplus protection to policyholders
Total liabilities 250124055
Business in ForceFire
Risks Premiums
152186068 152110134
307235900 284659568
In force on the 31st day of December 191
Written or renewed during the year
Total 459421968
Deduct those expired and marked off as ter
minated 220073789
436769702
197415926
In force at the end of the year 239348179 239353776
Deduct amount reinsured 102281795 102254189
Net amount in force 137066384 137099587
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 1481756 5284417
Written or renewed during the year 4654620 10319958
Total
Deduct those expired and marked off as ter
minated
6136376
3855388
15604375
103962S6
In force at the end of the year 2280988 5208089
Deduct amount reinsured 2280988 5208089
Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 304993200 6074500
Less 55640 risk cancelled and 857334
reinsurance in Companies authorized in
Georgia 139983400 1014000
Net risks written 165009800 5060500
Gross premiums on risks written 4104949 34890256 Annual Report
Less 635664 return premiums and 1008336
reinsurance in Companies authorized in
Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses paid
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
1632233 11767
2472716 23123
93170 49654 55000

43516 55000
893170 549654 330000

343516 330000
THE STUTVESAHT INSURANCE COMPANY
Ill William Street New York City N Y
J S Frelinghuysen President S P Hutchings Secretary
Attorney for service in GeorgiaJ F Lewis 317 Hurt Bldg Atlanta Ga
Kinds of business done in GeorgiaFire Tornado
Amount of paidup capital 70000000
Ledger assets Dec 31 1919 242065177
Extended at
Income
Gross premiums on new business 402816757
Deduct amount paid for insurance and return
premiums 219289645
242065171
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Borrowed money
183527112
8828971
362500
19277342
Total income 454061102
Carried forward
454061102
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Borrowed money repaid
Interest on borrowed money I
88053297
2180729
32170690
13009311
200000
8513730
20000000
345181
Total disbursements i J44 729 3g
Balance 289588164
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
1400000
98237223
132284926
50753
4545649
16223916
7845697
Total ledger assets as per balance No 23 2895S8164Insurance Department of Georgia
257
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due on losses paid
1305021
1721900
Total assets 292615085
Deduct Assets Not Admitted
Agents balances 1534852
Other items
Book value of bonds and stocks over market
value 20137749
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Due for borrowed money
Total liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
21672601
270942484
46623652
106929260
2750000
19277342
70000000
25362230
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 202249029
Written or renewed during the year 360745492
Total 562994221
Deduct those expired and marked off as ter
minated 253318087
In force at the end of the year 309676134
Deduct amount reinsured 103677383
Net amount in force
175580254
95362230
270942484
Premiums
246005374
402816757
648822131
318848597
329973534
124598900
205998751 205374634
Investments in Georgia
Bonds
Total investments in Georgia
1000000
1000000
U S BRANCH SUN INSURANCE COMPANY
54 Pine Street New York N Y
P T Kelsey Manager
Attorney for service in GeorgiaJ T Fitten Atlanta Ga
Kinds of business done in GeorgiaFire Automobile Tornado Sprinkler
Leakage Explosion
Amount of deposit capital 20000000
Ledger assets Dec 31 1919 673996038
Extended at 673996038
Income
Gross premiums on new business 908635361
Deduct amount paid for insurance and return
premiums 455361475
Total premiums 453273886
Interest and rents i 25895523
Profits on sale or increase by adjustment of assets 13875058
Annual Report

Other items
Remittances from home ottice
Total income
Carried forward
Disbursements
Net amount paid polioyholders for losses
Legalnd administrative expenses in adjustment of claims
Commissions and alowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures
Maps
Inspections etc
Federal taxes
Taxes licenses etc
Legal expenses
Donations
Real estate expenses etc
Remittances to home office
Miscellaneous
55411520
534719671
1208715717
220075295
9735285
97274104
40831693
3049874
8125608
3586538
1611073
1070551
15239933
6067141
16434078
128035
16375
1186431
59649S02
S3652
Total disbursements
Balance
Ledger Assets
Book value of real estate
Bonds at book value
Stocks at bffok value
Cash in office
Deposits at interest
Agents balances net
Other items
Reinsurance recoverable an paid losses
Liberty Bonds purchases for acct of employes
3133573
321469
Total ledger assets as per balance No 23
NonLedger Assets
101487071
484165468
724550249
17192504
536102932
31462749
100000
3772S273
9S508749
3455042
724550249
9395879
807496
Interest due and accrued
Market value of assets over book value
Total assets 734753624
Deduct Assets Not Admitted
Agents balances
Other items
Overdue and accrued interest on bonds in de
fault
Book value of bonds and stocks over market
2963374
2452916
value
Total not admitted assets
Total admitted assets
59515635
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
64931925
669821699
54901100
429697021
252205S
12500000
499620179Insurance Department of Georgia 259
Deposit capital 20000000
Surplus over all liabilities 150201520
Surplus protection to policyholders 170201520
Total liabilities 669821699
Business in ForceFire
Risks Premiums
In force on the 31st day of December 1919 948837000 904559591
Written or renewed during the year 886524497 812192449
Total 1835361497 1716752040
Deduct those expired and marked off as ter
minated 710600480 673009168
In force at the end of the year 1124761017 1047342872
Deduct amount reinsured 348381146 292474211
Net amount in force 776379871 751268661
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 37227721 98964387
Written or renewed during the year 56419253 96442912
Total 93646974 195407299
Deduct those expired and marked off as ter
minated 53962354 132409179
In force at the end of the year 39684620 62998120
Deduct amount reinsured 1976610 5120621
Net amount in force 37708010 57877499
In Force in the State of Georgia During 1920
A Fire
Gross risks written 1618034300
Less 2964923 risks cancelled and 2976596 reinsurance in
Companies organized in Georgia 594151900
Xet risks written 1013882400
Gross premiums on risks written 19447988
Less 3012096 return premiums and 3131518 premiums for
reinsurance in Companies authorized in Georgia 6143614
Xet premiums received 13304374
Losses paid deducting salvage 9225335
Less losses on risks reinsured in Companies authorized in
Georgia 2900004
Xet losses paid 6425331
Losses incurred 10011935
Less losses on risks reinsured in Companies authorized in
Georgia 2645304
Xet losses incurred 7366631
Investments in Georgia
Bonds 1000000
Total investments in Georgia 1000000
SUPERIOR FIRE INSURANCE COMPANY
131012 Beaver Avenue Pittsburgh Pa
A H Trimble President Edward Speer Secretary
Kinds of business done in GeorgiaFire Tornado Riot and Civil Commotion
and Explosion260
Annual Report
60000000
Amount of paidup capital 2 63908100
Ledger assets Dec 31 ii 10000000
Increase of paidup capital during year
273908151
Extended at
Income
n Dremiums on new business 30049009b
SSuctP amount paid for insurance and return
premiums
179452769
Total premiums 12917904
Interest and rents
Other sources 8000000
Surplus paid inVS 143881
Agents balances previously charged oft 34Q 69
profit on sale of real estate 26250
Profit on sale of bonds
200574873
Total income
474483024
Carried forward
Disbursements
Net amount paid policyholders J les j l73S282
Legal and administrative expenses in adjustment ot claims 53068677
Commissions and allowances to agents 9709149
Salaries of officers and employes 556280
Rents and interestYmTTete 2992782
Other items 8000000
Dividend 46 457 25
Salaries and expenses of field men n7
lurniture and fixtures maps and inspections 29675 07
Federal taxes taxes licenses and fees 1 947 88
Agents balances charged off ioo03l5
Taxes and repairs on real estate etc lUUUJia
17438583
165903S16
Total disbursements
30857920S
Balance
Ledger Assets 63900 00
Book value of real estate 153726055
Mortgage loans first lien 63072647
Bonds at book value 21059204
Stocks at book value 1582
Cash in office 31185133
Deposits at interest 286845S7
Agents balances net
nphia Underwriters Association deposit JIOM
Total ledger assets as per balance No 23 308579208
NonLedger Assets 27 24271
Interest due and accrued
other items 43900
Rents due 888060
Furniture and fixtures
312235435
Total assets ZIl
Deduct Assets Not Admitted
Agents balances
Other items 888060
Furniture and fixtures 505 51
Stocks and bonds
t 5480565
Total not admitted assets
306764854
Total admitted assets Insurance Department of Georgia
261
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
60000000
58534040
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 307310171
Written or renewed during the year 281833578
Total 589143749
Deduct those expired and marked off as ter
minated 23516845
In force at the end of the year 354676 904
Deduct amount reinsured 8376 311
23077290
159543524
350000
5250000
188220814
118534041
306754854
Premiums
329415175
297120421
626535596
240178736
386356860
1030726IS
Net amount in force 267250593 283284242
Business in ForceMarine and Inland
In force on the 31st day of December 1919
Written or renewed during the year
Total 5
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
Risks
2863346
1935781
4799127
4680931
118196
Net amount in force
118196
Premiums
746405
3369675
10833732
10215682
618050
618030
SVEA FIRE AND LIFE INSURANCE COMPANY OF GOTHENBERG
SWEDEN
100 William Street New York N Y
J M Wennstrom U S Manager
Attorney for service in GeorgiaW H Rhett Atlanta Ga
Kinds of business done in GeorgiaFire Insurance
Amount of deposit capital 20000000
Ledger assets Dec 31 1919 2978378o7
Extended at 297837807
Income
Gross premiums on new business 366971146
Deduct amount paid for insurance and return
premiums 191513881
Total premiums 1 754 572 65
Interest and rents 9Sj3896s
Other items
Remittances from home office to U S branch 23920473
23920473
Total income 209216706
Carried forward 507054513262
Annual Report
Disbursements
Net amount paid policyholders for losses7
legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Furniture and fixtures
747179
Inspections and surveys 10734541
TQ VS
Bank exchange audit and statistical
Remittance to home office
440460
22857939
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Biiris Receivable for risks and agents balances
Reinsurance recoverable on paid losses
Philadelphia Underwriters deposit
8085918
134267
10000
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
v 67303OS
Agents balances v 190 03
Bills receivable past due
Bookitva1lue of bonds over market value 11671424
Total not admitted assets
Total admitted assets
92598004
2339711
42596515
1199438S
627615
2399614
39240888
191796733
315257780
233013410
2371875
30000
31432202
40180108
8230185
315257780
2665786
317923566
Liabilities
nt of unpaid losses and claims
LlerTero unean7dremrumsonrisks outstanding
lalarles and miscellaneous accounts due or accrued
Taxes due or accrued
0Eltimated amount due for contingent commissions
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
20000000
85642095
Business in ForceFire
Risks
in force on the 31st day of December 1919 330 661680
Written or renewed during tne jeai
18720735
299202831
23410120
161650616
500000
7000000
1000000
193560736
105642095
299202831
Premiums
381367756
366971146
Total
701634841 748338902
iuctthoseexPrred and marked off as terInsurance Department of Georgia 263
minated 307722728 319159669
In force at the end of the year 393912113 429179233
Deduct amount reinsured 126911792 128077738
Net amount in force 267000321 301101495
Business in the State of Georgia During 1920
A Fire
Gross risks written 1011694200
Less 3526562 risks cancelled and 1983776 reinsurance in
Companies authorized in Georgia 551033800
Net risks written 460660400
Gross premiums on risks written 12640059
Less 3417579 return premiums and 1928819 premiums for
reinsurance in Companies authorized in Georgia 5346398
Net premiums received 7293661
Losses paid deducting salvage 4357609
Less losses on risks reinsured in Companies authorized in
Georgia 522262
Net losses paid 3835347
Losses incurred 4845131
Less losses on risks reinsured in Companies authorized in
Georgia 12386OS
Net losses incurred 3606523

ST PAUL FIRE MARINE INSURANCE COMPANY
Fifth and Washington Streets St Paul Minn
F R Bigelow President A W Perry Secretary
Amount of paidup capital 200000000
Ledger assets Dec 31 1919 1717783293
Increase of paidup capital during year 100000000
Extended at 1817783295
Income
Gross premiums on new business 2120668847
Deduct amount paid for insurance and return
premiums 722864163
Total premiums 1397804684
Interest and rents 80346097
Other sources
From agents balances previously charged off 108678
From bond per schedule D 360580
469252
Total income 1478620033
Carried forward 3296403326
Disbursements
Net amount paid policyholders for losses 664314515
Legal and administrative expenses in adjustment of assets 15895107
Commissions and allowances to agents 324766845
Salaries of officers and employes 6673857S
Rents interest and home office expense 27175486
Advertising printing postage telegrams etc 14983560
Paid policyholders for dividends 35000000
Loss on sale and decrease by adjustment of assets 7308687264
Annual Report
Other items
Taxes federal licenses and fees
Miscellaneous
Real estate expenses
Agents balances charged off
Legal expenses including legal expenses on losses
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien 263942238 other than first lien
200000
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable
From reinsurance Companies on losses paid
Collateral loans
88797567
2150354
1339690
23949
300949
1248795287
2047608039
40259964
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances
264142238
1312507896
23440426
35000
170799628
2107695
185649006
19537295
9128891
20000000
i 2047608039
15099576
2062707615
4524723
5783848
200000
Bills receivable
Other items
Mortgage loans other than first
Book value of bonds and stocks over market
value 1292992bo
Book value of other ledger asets due from
reinsurance Companies 455333
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Reserve for contingencies
Total amount of liabilities except capital
Capital actualy paid in cash 200000000
Surplus over all liabilities 506253729
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 1456039306
Written or renewed during the year 1419061631
Excess of original premiums over amount re
reived for reinsurance
141263154
1921444461
179450783
933489949
7250000
38300000
56700000
1215190732
706253729
1921444461
Premiums
1484459456
1435111923
193032
Total 2874100937
Deduct those expired and marked off as ter
2919764411
Insurance Department of Georgia 265
minated 1069333543 1179726904
In force at the end of the year 1804767394 1740037507
Deduct amount reinsured 279494515 219798327
Net amount in force 152527289 1520239180
Business in ForceMarine and Inland
Risks Premiums
In force on the 31st day of December 1919 99642201 157050833
Written or renewed during the year 1881806997 685556924
Total 1981449198 842607757
Deduct those expired and marked off as ter
minated 1813994444 638641487
In force at the end of the year 167454754 203966270
Deduct amount reinsured 5333944 13550662
Net amount in force 162120810 190415608
Amended Statement of Business in the State of Georgia During 1920
Fire Tornado
Gross risks written 1688311100 120062400
Less 4823663 Fire 63104 Tornado risks can
celled and 3535025 Fire 337657 Tornado
reinsuiance in Companies authorized in
Georgia 835868800 40076100
Net risks written 852442300 79986300
Gross premiums on risks written 15581668 1399 73
Less 3469593 Fire 6821 Tornado and
1321346 Fire 2976 Tornado premiums for
reinsurance in Companies authorized in
Georgia 4790939 9797
Net premiums received 10790729 130176
Lpsses paid deducting salvage 3243204 12620
Less losses on risks reinsured in Companies au
thorized in the State of Georgia 152110
Net losses paid 3091094 12620
Losses incurred 4289245 15561
Less losses on risks reinsured in Companies au
thorized in the State of Georgia 656926
Net losses incurred 3632319 15561
Marine and
Inland
Gross risks written 1958404200
Less 4437817 Marine and Inland risks cancelled and
1229180 Marine and Inland reinsurance in Companies au
thorized in Georgia 566699700
Net risks written 1391704500
Gross premiums on risks written 11551821
Less 4633880 Marine and Inland return premiums and
694590 Marine and Inland premiums for reinsurance in
Companies authorized in Georgia 5328470
Net premiums received 6223351
Losses paid deducting salvage 4386008
Less losses on risks reinsured in Companies authorized infK9ft
266
Annual Report
805 54
the State of Georgia
4305449
Net losses paid
4827165
LesosTelr in 580254
the State of Georgia
4246911
Net losses Incurred
State of Minnesota
ss
County of Ramsey xrrAhs Auditor
F R Bielow President A W Perry Secretary and A BKrebB Audt
of the St Paul Fire Marine Ins Cf Sescribed officers of
for himself deposes and says that they are thebove scr the above
the said Company and that on the 31st ciear from
assets were the absolute property of the said Comixanj freein foregolnr
any liens or claims thereon except as above stated ana tna annexed
statements with the schedules and explanations therein c liabilities
or referred to are a full and correct exhibit of all tneasseis
Lome and disbursements and of the conditior and affai s ofe the sjud
naScX
respectively F R bjgeloW President
A W PERRY Secretary
A B KREBS Auditor
Subscribed and sworn to before me this 11th day of prU JSON
Notary Public Ramsey County Minnesota
Commission expires July 25 191
Investments in Georgia
Bonds
S 1000000
Total investments in Georgia
TOKIO MAB1M TIRE INSURANCE COMPANY ltd
Amount deposit capital MSMiioSo
Ledger assets Dec 31 laia
403245035
Extended at
Income
Gross premiums on new business 498798791
Deduct amount paid for insurance and return
premiums
233140094
Total premiums 172 389 42
Interest and rents
3301ST 1ST
Total income
733402522
Carried forward
Disbursements
Xet amount paid poltcyholders for lossesVT 1Si9
Legal ami administrative expenses In adjustment of claims
Commissions and allowances to agents 902520
Salaries of officers and employes 23864
Knits and interest oVccc
Advertising printing postage telegrams etc 13 it t
278096895
Total disbursements
455305627
1 Jala nee
Ledger Assets
267911586
Bonds at book value 379 9150
Stocks at book value Insurance Department of Georgia
267
Deposits at interest
Agents balances net
Other items
Cash in hands of trustees
96480910
51664371
1257500
Total ledger assets as per balance No 23 455305627
NonLedger Assets
Interest due and accrued on bonds per schedule D part 1 3594437
Other items
Reinsurance recoveries due on paid losses schedule B 8162040
Total assets 467062104
Deduct Assets Not Admitted
Agents balances 1938916
Other items
Book value of bonds and stocks over market
value
Total not admitted assets
Total admitted assets
4263656
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Contingent commissions or other charges due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
53000000
240316258
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 184725961
Written or renewed during the year 256827941
Excess of original premiums over amount re
ceived for reinsurance
Total 441533902
Deduct those expired and marked off as ter
minated 210152707
In force at the end of the year 231401195
Deduct amount reinsured 45523754
Net amount in force 185877441
Business in ForceMarine awd Inland
Risks
In force on the 31st day of December 1919 63701974
Written or renewed during the year 545821737
Total 609523711
Deduct those expired and marked off as ter
minated 568017628
In force at the end of the year
Deduct amount reinsured
41506083
19603921
Net amount in force 21902162
Business in the State of Georgia During 1920
A Fire
Gross risks written 1197542800
6202572
460859532
40370515
119239813
6932946
1000000
167543274
293316258
460859532
Premiums
176430192
234434539
1809963
412674799
188272037
224402662
45523381
178879281
Premiums
67539631
264364252
331903883
266958910
64944973
25841870
39103103
Marine and
422851800268
Annual Report
Less risks cancelled 854458100 246619800
Net risks written 343084700 176232000
Gross premiums on risks written RSm 24966435
Less return premiums 8341606 MbbiAQ
4121948
Less losses on risks reinsured in Companies au
thorized in Georgia
1416168
Net premiums received
Losses paid deducting salvage 3471067
Less losses on risks reinsured in Companies au is mq nfi
thorized in Georgia 1474704 180190b
Net losses paid 1996868 1478830
Losses incurred 4593867 3035327
2064704 1634751
Net losses incurred 2529163 1400576
UNION ASSURANCE SOCIETY Limited
55 John Street New York N Y
Ledger assets Dec 21 1919 256970663
Extended at
Income
Gross premiums on new business 418215243
Deduct amount paid for insurance and return
premiums 222288495
Total premiums
Interests and rents
Profits on sale or increase by adjustment of assets
Other sources
Remittances from home office gross
256970663
195926748
S975019
195690
6024098
Total income 211121555
Carried forward 468092218
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures
Map corrections
Inspections and surveys
Federal taxes licenses and fees
Remittances for home office and balances
charged off
503272
40505
3410848
7662128
13584411
76133936
2563150
41785826
14424840
24253 11
2971092
25120154
Total disbursements 166093425
Balance 301998793
Ledger Assets
Bonds at book value t 190226615
Stocks at book value 200000
Deposits at interest 65559152
Deposits not at interest
Agents balances net 41954744Insurance Department of Georgia
269
Other items
Reinsurance recoverable on paid losses
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 1026108
Other items
Book value of bonds and stocks over market
value 6956615
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Surplus over all liabilities
112323166
Surplus protection to policyholders
Total liabilities
3978368
301998793
1897600
303896393
7982723
295913670
27558200
149267304
1050000
5715000
183590504
112323166
295913670
UNION PIEE INSURANCE COMPANY OF PARIS FRANCE
17 Custom House Street Providence R I
Starkweather Shepley Inc U S Managers
Attorney for service in GeorgiaDaniel T Mclntyre Atlanta Trust Co
Building Atlanta Ga
Kinds of business done in GeorgiaFire and Lightning
Amount of paidup capital 20000000
Ledger assets Dec 31 1919 170075420
Extended at 170075420
Income
Gross premiums on new business 210307396
Deduct amount paid for insurance and return
premiums 88558981
Total premiums 1 217 484 15
Other sources
interest on bonds and dividends on stocks 4900320
Interest on deposits in trust companies and
banks 600429
5501134
Total income 127249549
Carried forward 297324969
Disbursements
Net amount paid policyholders for losses 54093729
Legal and administrative expenses in adjustment of claims 9693 67
Commissions and allowances to agents 40836390
Salaries of officers and employes 604 37
Federal taxes 4g 312 81
Advertising printing postage telegrams etc 524 57
Inspections and surveys etc 13847 76270
Annual Report
Other items
State county and municipal taxes
Insurance Department
Fire Department
Fire Patrol and Salvage Corps
Remitted to home office
2467876
487840
285844
461056
2344255
Total disbursements
Balance
Ledger Assets
Stocks at book value
Deposits at interest
Agents balances net
Other items
Philadelphia Underwriters Association deposit
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due from other Companies per
schedule E
6046871
108075308
189249661
141175695
18116235
29947731
10000
189249661
1430258
441548
Total assets
Deduct Assets Not Admitted
Book value of bonds and stocks over market value 23591737
Total not admitted assets
Total admitted assets
191121467
23591737
167529730
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued estimated
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
15377357
91965892
9882751
3250000
120476000
20000000
27053730
Surplus protection to policyholders
Total liabilities
Risks
Business in ForceFire
n force on the 31st day of December 19191 1SH1
Written or renewed during the year 203405 is
I
v
Total 390516068
Deduct those expired and marked off as ter
minated 16704692
In force at the end of the yearI IlllTil
Deduct amount reinsured ooasaDia
Net amount in force 165821858
Business in the State of Georgia During 1920
Gross risks written
Less 4572947 risks cancelled and 5591713 reinsurance in
Companies authorized in Georgia
47053730
167529730
Premiums
201515774
210307396
411823170
179668220
232154950
63350959
168803991
Net risks written
Gross premiums on risks written
A Fire
1633000200
1016466000
616534200
21690850Insurance Department of Georgia 271
Less 4759584 return premiums and 9539936 premiums for
reinsurance in Companies authorized in Georgia 14299520
Net premums received 10391330
Losses paid deducting salvage 10303799
Less losses on risks reinsured in Companies authorized in
Georgia 5809575
Net losses paid 4494224
Losses incurred 11975817
Less losses on risks reinsured in Companies authorized in
Georgia 6429227
Net losses incurred 5546590
UNION INSURANCE SOCIETY OP CANTON ltd
175 W Jackson Street Chicago 111
Marsh McLennan U S Mgrs
Attorney for service in GeorgiaA H Turner 1501 Hurt Bldg Atlanta Ga
Kinds of business done in GeorgiaFire and Marine Insurance
Amount of deposit capital 40000000
Ledger assets Dec 31 1919 445344592
Extended at
Income
Gross premiums on new business 1124116864
Deduct amount paid for insurance and return
premiums 364744381
Total premiums
Interest and rents
Profit on sale or increase by adjustment of assets
Other sources
Remittance from home office to U S branch
445344592
759372483
20633721
1101899
161899445
Total income 943007548
Carried forward 1388352140
Disbursements
Net amount paid policyholders for losses 322786050
Legal and administrative expenses in adjustment of claims 4621617
Commisions and allowances to agents 154824853
Salaries of officers and employes 41903122
Rents and interest 2942163
Advertising printing postage telegrams etc 5854204
Remittance to home office 24820393
Loss oh sale and decrease by adjustment of assets 216000
Other items
Field supervisory expenses 15883070
Furniture and fixtures
Maps and corrections
Inspections and surveys
Federal taxes
Taxes Licenses and fees
Legal expenses excluding losses
Miscellaneous
2800116
1961277
7177847
5791736
15366581
124181
10245
33231983
Total disbursements 607083455
Balance 781268685
Ledger Assets
Bonds at book value 596398342
Stocks at book value 442508Oft272
Annual Report
Cash in office
Deposits at interest
Agents balances net
Other items
Due from other Companies
Total ledger assets as per balance No 23 781268685
NonLedger Assets
972347
49093210
90547059
7727
Interest due and accrued
Other items
Due from other Companies on paid losses
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Book value of bonds and stocks over market
value
1140846
12239408
7348512
4302509
11651021
13380254
779539452
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims V93528o78
Reserves or unearned premiums on risks outstanding in 00000
1000000
8300000
300000
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
tContinegI2nt commissions or other charges due accrued
Capital actually paid in cash toh
Surplus over all liabilities 1381411zo
Surplus protection to policyholders 178141120
Total liabilities
Business in ForceFire
Risks
779539452
Premiums
In force on the 31st day of December 1919 268835190 2408522 57
r nr rwi during the year 950354438 7I34Ubot
Written or renewed during the year
Total 119189628 1013192943
Deduct those expired and marked off as ter
minated 532511279
In force at the end of the year
Deduct amount reinsured
Net amount in force 637047414
Business in ForceMarine and Inland
In force on the 31st day of December 1919 4MMJ14 WJ
Wrlttm or renewed during the year 436279121 o517bi
432253229
S86678349 580939714
49630935 47217267
533722447
Premiums
Written or renewed during the
Total 478948035 458847692
Deduct those expired and marked off as ter
minated 409o4
295625231
In force at the end of the year
Deduct amount reinsured
70997537 163222461
15723699 8682141
Net amount in force 55273838 154540320
Business in the State of Georgia During 1920
A Fire
Gross risks written 1350002600
Marine and
Inland
16400600Insurance Department of Georgia
Less risks cancelled 805470300
Net risks written 5445323
Gross premiums on risks written enqoq
Less return premiums 7160329
Net premiums received 8195249
Losses paid deducting salvage 4405380
Less losses on risks reinsured in Companies au
thorized in Georgna 348919
Net losses paid 4056461
Losses incurred t 4871183
Less losses on risks reinsured in Companies au
thorized in Georgia 373107
Net losses incurred S 4498076
273
3625900
12771700
353922
76681
277241
94967
94967
UNITED FIREMENS INSURANCE COMPANY
NE Corner Third and Walnut Streets Philadephia Pa
F W Lawson President M B Yates Secretary
Attorney for service in GeorgiaW E Harrington 202 Grant Building
Atlanta Ga
Kinds of business done in GeorgiaFire Storm and Automobile
Amount of paidup capital 40000000
Ledger asets Dec 31 1919 188757008
Extended at
Income
Gross premiums on new business 109915346
Deduct amount paid for insurance and return
premiums
47678502
Total premiums
Interests and rents
Increase in liabilities acct reinsurance treaties
Profits on sale or increase by adjustment of assets
Perpetual deposits
Other sources
Transfer fees perpetual policies 110150
Earned on perpetual policies 813833
Reinsurance commissions on perpetual policies 13875
Agents balances previously charged off 105042
Total income
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Inspections and surveys 5
Maps and corrections
Expenses field men
Traveing expenses
Federal taxes
Taxes licenses and fees
Furniture and fixtures
913621
168291
247394
130655
1492057
1505604
87728
188757008
62236844
8951481
27495
69936
1669534
1042900
73998190
33186495
606340
17902085
4297345
264962
571717
1600000
180600274
Annual Report
Postage and telegrams
Legal expenses
Agents balances charged off
Miscellaneous
Rep department
Department reinsurance
Real est exp
Decrease in liq acct reinsurance treaties
110757
122949
179299
20000
8132893
203700
3100
27495
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien and ground rent
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance due on losses paid
Total assets
Deduct Assets Not Admitted
Overdue and account interest in default 869375
Book value of bonds and stocks over market
value 21506401
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Other items
Estimated amount state and other taxes
Contingent commissions or other charges
Total amount of liabilities except capital
Capital actually paid in cash 40000000
Surplus over all liabilities 11312325
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 10609717S
Written or renewed during the year 111111232
Excess of original premiums over amount re
ceived for reinsurance
Total 217208410
Deduct those expired and marked off as ter
minated 91302857
In force at the end of the year 125905553
Deduct amount reinsured 26 548 896
Net amount in force
13345543
71955087
190800111
9638200
19020000
119561574
27615552
1541918
4121626
9301241
190800111
2938268
1800
438531
194178710
22375776
171802934
6152143
112972252
21846
S00000
544368
120490609
51312325
171802934
Premiums
108977994
109915346
27495
218920835
93395019
125525816
27017579
99356657 98508237Insurance Department of Georgia
275

Perpetual risks not included in above
Deposit premiums on same
RECAPITULATION OF FIRE
Amount
Covered
vear or less 32560394
years 443590
years 674556
years 9579488
years 13512354
years 19927135
years 106105
years 18131
years 87573
vears 130325
years 2599912
vears 3378297
years 3038389
vears 4248065
years 6088011
Over five years 2963832
Advance premiums
28131737
64968544
RISKS AND PREMIUMS
Year
Written
1920 1
1919 2
1920 2
1918 a
1919 3
1920 3
1917 4
1918 4
1919 4
1920 4
1916
1917 5
1918 5
1919 5
1920 5
Premiums
Charged
34207517
310983
447721
9680326
12724206
13127077
63984
62482
30187
110630
2318292
3161413
3355797
4491096
6904401
2512125
Fraction
Unearned
12
14
34
16
12
56
18
38
58
78
110
310
12
710
910
pro rata
100
Premiums
Unearned
17103758
77746
335791
1613388
6362103
15105893
7998
23431
18S67
96801
231829
948424
1677898
3143767
6213961
1419627
Totals 99356657
Perpetual risks 29131737
Grand totals 127488394
Business in the State of
98508237 54381284
64968544 90 95 58590963
Gross risks written
Less 427610 risks cancelled
163476781 112972252
Georgia During 1920
A Fire
119478200
42761000
Net risks written
Gross premiums on risks written
Less 312598 return premiums
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
76717200
1404332 312598
1091734
227077
227077
411185
Net losses incurred
411185
UNITED STATES FIRE INSURANCE COMPANY
110 William Street New York City N Y
George R Branson President David G Wakeman Secretary
Attorney for service in GeorgiaW R Hoyt Connally Bldg Atlanta Ga
Kinds of business done in GeorgiaFire Marine Inland Marine Automobile
Tourist Registered Mail Tornado Hail Sprinkler Leakage
Explosion Riot
Amount of paidup capital 140000000
Ledger assets Dec 31 1919 965948399 s qQ
E tended at 965948399
Income
Gross premiums on new business 384197221
Deduct amount paid for insurance and return
premiums 549168926
Total premiums 8028295
Interest and rents SSliSSJ
Profits on sale or increase by adjustment of assets 1018777U
276
Annual Report
Other sources
Uncollected checks 51960
Dividends charged off but uncollected by
stockholders 112390
164350
Total income
895556184
Carried forward 1861504583
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures 1520740
Inspections and surveys 10214867
Taxes etc 24365467
Real estate etc 131098
Dividends to stockholders 14000000
331043913
7844848
296390514
4877914
638195
5144172
4646438
50232188
Total disbursements 700818182
Balance 1160686401
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Collateral loan
Bills receivable
4440000
50845374
314729013
547714521
287570
92345806
137148019
300000
1287609S
13176098
Total ledger assets as per balance No 23 1160686401
NonLedger Assets
Interest due and accrued 3300387
Market value of assets over book value 88552949
Reinsurance due on paid losses Schedule E col 1 6433300
Total assets 1258973037
Deduct Assets Not Admitted
Bills receivable
Total not admited assets
2019840
2019840
Total admitted assets 1256953197
Liabilities
Net amount of unpaid losses and claims
Reserves o runearned premiums on risks outstanding
Salaries or miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 140000000
Surplus over all liabilities 287854697
1184390
688277336
3382164
19000000
829098500
Surplus protection to policyholders
Total liabilities
127s54697
1256953197Insurance Department of Georgia
277

Business in ForceFire
Risks
In force on the 31st day of December 1919 1167693963
Written or renewed during the year1270326373
Total 2438020336
Deduct those expired and marked off as ter
minated 976729252
In force at the end of the year 1461291084
Deduct amount reinsured 320493977
Net amount in force 1140797107
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 45930171
Written or renewed during the year 551480197
In force at the end of the year
Deduct amount reinsured
27593147
8554426
Gross premiums on risks written
Less 3073996 return premiums and 70845
premiums for reinsurance in Companies au
thorized in Georgia
Net premiums received
Losses paid deducting salvage
Net losses paid
Losses incurred
Net losses incurred
14573051
3088085
11484966
2120793
2120793
2048493
Investments in Georgia
Bonds
Total investments in Georgia
2048493
1000000
Premiums
1216245079
1267932846
2484177925
972593978
1511583947
306497928
1205086019
Premiums
27489322
116264375
Net amount in force 19038721
Business in the State of Georgia During 1920
A Fire
Gross risks written 1272473500
Less 4154296 risks cancelled and 60775
reinsurance in Companies authorized in
Georgia 421507100
Total 597410368
Deduct those expired and marked off as ter
minated 569817221
143753697
110068933
33684764
9499347
24185417
Marine and
Inland

Net risks written 850966400
599403
56756
542647
178649
178649
525064
525064
1000000
URBAINE FIEE INSURANCE COMPANY
123 William Street New York N T
Fred T James Co U S Managers
Attorney for service in GeorgiaA H Turner Atlanta Ga
Kinds of business done in GeorgiaFire Tornado Lightning Automoble
Amount of deposit capital 30000000
Ledger assets Dec 31 1919 512267638
Extended at 512267638
Income
Gross premiums on new business 800484054
Deduct amount paid for reinsurance and return278
Annual Report
Premiums 247675668

Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Remittances from home office to U S branch
Total income
Carried forward
552808386
23584614
1303U01
20S9274
579785275
1092052913
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest 1
Advertising printing postage telegrams etc
Other items
Moving expense 89033
Field supervisory expenses 1297065
Furniture and fixtures 679154
Inspections surveys underw boards maps etc 2790530
Federal taxes 10776132
Taxes licenses and fees 3181811
Remittances to home office 8384635
262010613
3427582
189364632
7289354
427037
2070850
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance reciverable on paid losses
27198360
491788428
600264485
557147337
6787500
9065205
27264443
600264485
7956932
2382238
Total assets 610603655
Deduct Assets Not Admitted
Agents balances 97369
Other items
Book value of bonds and stocks over market
value 22091473
Total not admitted assets
Total admitted assets
22188842
588414813
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions 1876176
Total amount of liabilities except capital
Surplus over all liabilities
S8S14577
Surplus protection to policyholders
Total liabilities
97056421
386597848
419791
3550000
1876176
489500236
98914577
588414813Insurance Department of Georgia 279
Business in ForceFire premlums
in force on the 31st day of December 1019 562518 980 5425 430 59
Written or renewed during the year 888479921 8uuuo
Excess of original premiums over amount re 3g Qs4 5g
ceived for insurance
al 1450998901 1346635568
Deaauctthoseexpired and marked off as ter 5 n0 24161
minated
Deduct amount reinsured ti
T in force 767520920 709484494
Net amount InoroBgj GeorgiaDuring 1920
k written 1647138500
Lesf 51893 riskecancinea7and 9B40758 reinsurance in
Companies authorized in Georgia aJ
1049769300
Net risks written
c 1 fi1 302 04
Rrosq premiums on risks written
Less 2M7242 return premiums and 954058 premiums for
reinsurance authorized in Georgia
j 11808904
Net premiums received
Losses paid deducting salvage rTJ7 4342556
Less losses on risks reinsured in Companies authorized in 2J1
Georgia
4315838
Net losses paid T
3937344
LeKeSlossesron risks reinsuredin Companies authorized in
Georgia L
3900766
Net losses incurred
Investments in Georgia
1000000
Bonds
Total investments in Georgia 1000000
VICTORY INSURANCE COMPANY OF PHILADELPHIA
4015 Walnut StreeJ Philadelphia Pa
b r niir President M G Garrignes Secretary
Attorney for servtee in GeorgiaW E Chapin Equitable Bldg Atlanta Ga
Kinds of business done in GeorgiaFire Insurance
Amount of paidup capital fissdH
Ledger assets Dec 31 1919 99688404
t 99688404
Extended at v
Income
Gross premiums on new business 174789493
Deduct amount paid for reinsurance and return
premiums 1 85723b75
Total premiums 89065818
Interest and rents ivvivti
Total income 93973760
Carried forward 193662164280
Annual Report
Disbursements
Net amout paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Furniture and fixtures maps and inspec
tions 1346182
Taxes and fees 2561069
Agents balances charged off 74019
15762337
223651
17730556
8162070
569621
2736256
3981270
Total disbursements
49165761
Balance 144496103
Mortgage loans first liens
Bonds at book value
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Phila Underwriters deposit
Ledger Assets
6000000
10000
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assest over book value
Other items
Reinsurance due on paid losses
9150000
97228200
17041171
885979
14181053
6010000
144496403
1092481
1325150
129961
Total assets 147043935
Deduct Assets Not Admitted
Agents balances
Total not admitted assets
Total admited assets
26148
26148
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or aecrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash 50000000
Surplus over all liabilities 34036619
Surplus protection to policyholders
Total liabilities
In Force in the State of Georgia During 1920
Gross risks written
Less risks cancelled
Net risks written
Gross premiums on risks written
Less return premiums
347017787
8505098
50565933
1736937
2173200
629S1168
84036619
147017787
A Fire
I 512352500
156843600
355508900
Net premiums received
Less losses on risks reinsured in Companies authorized in

5798177
1854111
3944366
Insurance Department of Georgia
281
Georgia 67344
Net losses paid 601861
Losses incurred 669453
Less losses on risks reinsured in Companies authorized in
Georgia 67344
Xet losses incurred 602109
VIRGINIA FIRE AND MARINE INSURANCE COMPANY
1015 East Main Street Richmond Va
Wm M Palmer President B C Lewis Jr Secretary
Attorney for service in GeorgiaChas M Jerome Trust Company of Georgia
Building Atlanta Ga
Kinds of business done in GeorgiaPire Insurance
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 281330757
Increase of paidup capital during year 25000000
Extended at 306330757
Income
Gross premiums on new business 223120577
Deduct amount paid for insurance and return
premiums 86637166
Total premiums 136483411
Interests and rents 12405967
Profits on sale or increase by adjustment of assets 18225
Total income 148907603
Carried forward 455238360
Disbursements
Net amount paid policyholders for losses 57341644
Legal and administrative expenses in adjustment of claims 865220
Commissions and allowances to agents 35056345
Salaries of officers and employes 7899848
Rents and interest 609996
Advertising printing postage telegrams etc 2003118
Paid policyholders for dividends 30500000
Other items
Furniture and fixtures 217962
Maps inspections and surveys 2417136
Taxes 11569217
Legal expenses 35000
Repairs and taxes real estate 419409
Miscellaneous Bad check 500 floral design
1000 American Legion reunion 5000 6500
14665224
Total disbursements 148941395
Balance 306296965
Ledger Assets
Book value of real estate 12000000
Mortgage loans first lien 10720000
Bonds at book value 207720789
Stocks at book value 37599326
Cash in office 396480
Deposits at interest 14514711
Agents balances net 23185659
Other items
New York agency 160000
Total ledger assets as per balance No 23 306296965282
Annual Report
NonLedger Assets
Interest due and accrued
Other items
Reinsurance recoverable on paid losses per
per schedlue B page 10 column 1
Total assets
Deduct Assets Not Admitted
Agents balances 93326
Other items
Book value of bonds and stocks over market
value 16682391
N Y Agency 160000
3078539
504S1S
3098SOS22
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claime
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or acrued
Other items
Contingent commissions due or accrued 1000000
Reserved for contingencies 7000000
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
50000000
92067465
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
In force on the 31st day of December 1919 181501078
Written or renewed during the year 174166865
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
355667943
137875291
217792652
49801009
16935717
292944605
13932166
122914974
3000000
400000
2630000
8000000
1SOS77140
142067465
292911605
Premiums
265170437
223120577
484691014
lxtl63279
300527735
67676047
232851688
A Fire
5 369136300
Net amount in force 167991613
Business in the State of Georgia During 1920
Gross risks written
Less 646108 risks cancelled and 761752 reinsurance in
Companies authorized in Georgia 14078600
Net risks written
Gross premiums on risks written
Less 803705 return premiums and 1146638 premiums for
Companies authorized in Georgia
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies authorized in
Georgia r
Net losses paid
Losses incurred 530914
228350300
4889526 1950343
2939183
166144 S97
165247
Insurance Department of Georgia
283
Less losses on risks reinsured in Companies authorized in
Georgia
Xet losses incurred
597
530047
WESTCHESTER PIEE INSURANCE COMPANY
100 William Street New York N T
Otto E Shaefer President C B G Gaillard Secretary
Attorney for service in GeorgiaC E Rauschenberg Jr Atlanta Ga
Kinds of busines done in GeorgiaFire Tornado Marine Sprinkler Leakage
Automobile Explosion Riot and War Risk
Amount of paidup capital 100000000
Ledger assets Dec SI 1919 978160827
Extended at 978160827
Income
Gross premiums on new business 1416009962
Deduct amount paid for insurance and return
premiums 584341107
Total premiums IHcoslJ
Interest and rents S t
Profits on sale or increase by adjustment of assets 1053415
Other items
Income tax withheld at source 1M49
Agents balances previously charged off 85680
102029
Total income 877669633
Carried forward 1855830460
Disbursements
Xet amount paid policyholders for losses J 361576676
Legal and administrative expenses in adjustment of claims 8291513
Commissions and allowances to agents 195278186
Salaries of officers and employes 47359937
Rents and interest 52H2
Advertising printing postage telegrams etc 11786578
Loss on sale and decrease by adjustment of assets 6532975
Other items 097 nRR 91
Field supervisory expenses zwubbzt
Furniture maps and inspections 21496259
Taxes licenses and fees 32466059
Legal expenses 8i67
Agents balances charged off 256149
Insurance W1
Real estate expenses 10540
Dividends 25000000
102210406
Total disbursements 737665401
Balance 1118165059
Ledger Assets
Book value of real estate ogalnnn
Mortgage loans first lien CiZaoi2
Bonds at book value vrrli
Stocks at book value 3600b44bl
Deposits at interest 107172164
Agents balances net 116969495
Oter items
Balances due for reinsurance written prior to
October 1 1920 8794536284
Annual Report
Advance payments to special agents
34990

Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances
Reinsurance
Other items
Book value of real estate stocks and bonds
in excess of market value
1118165059
6736596
1124901655
3371945
8794536
43888093
Total amount of liabilities except capital
Total admitted assets
Liabilities
Xet amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Income tax withheld at source
Total amount of liabilities except capital
Capital actually paid in easli 100000000
Surplus over all iabilities 157783321
811063760
10688470SI
108985028
671912383
4500000
25650000
16349
S11063760
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
Tn force on the 31st day of December 19191367926406
Written or renewed during the year 1328358889
257783321
1068S47081
Premiums
I3fi 131296
13217841S6
2687215482
1091271 417
159591 1035
386150 172
Net amount in force 1233928440 1209793563
Total 2696285295
Deduct those expired and marked off as ter
minated 1023930147
In force at the end of the year 16723 1 IS
Deduct amount reinsured 438426708
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 157s 1102
Write or renewed during the sear 98283377
Total 11 4067779
Deduct those expired and marked off as ter
minated 80504204
In force at the end of the year
Deduct amount reinsured
33563575
6177659
Net amount in force 273s59l 6
Business in the State of Georgia During 1920
A Fire
Gross risks written 21211
Less 6904743 risks cancelled and 4710721
reinsurance im Companies authorized in
6300
Premiums
35481543
94225776
129707319
74602184
55105133
12737780
42367353
Marine and
Inland
180387200
Insurance Department of Georgia 285
Georgia 1161546400 21261500
Net risks written 959639900 159125700
Gross premiums on risks written 16625877 1276383
Less 3657735 return premiums and 2291138
premiums for reinsurance in Companies au r000
thorized in Georgia 5948873 10544b
Net premiums received 10677004 1120937
Losses paid deducting salvage 5442128 439086
Less losses on risks reinsured in Companies au
thorized in Georgia 1
Net losses paid 4859249 438419
Losses ncurred 5709609 522101
Less losses on risks reinsured in Companies au Au
thorized in Georgia 379050 170t
Net losses incurred 5330559 505034
Investments in Georgia
Georgia bonds on deposit 1000000
Total investments in Georgia 1000000
WESTERN ASSURANCE COMPANY
22 Wellington Street East Toronto Canada
W B Meikle President Cecil Stowe Wainwright Secretary
Amount of deposit fOO00000
Ledger assets Dec 31 1919 512746701
Extended at 512746701
Income
Gross premiums on new business 709160250
Deduct amount paid for insurance and return
turn premiums 4401078Ui
Total premiums 2MsilnlI
Interest and rents 16
irofits on sale or increase by adjustment of assets bblzDU
Other items 01K
Remittances from home office b4a8isrfu
Total income 350574167
Carried forward 863320868
Disbursements
Net amount paid policyholders for lossesT 1964IJ142
Legal and administrative expenses in adjustment of claims 13rf4
Commissions and allowances to agents oK
Salaries of officers and employes 917169
Rents and interest vit
Advertising printing postage telegrams etc B68Bb
Loss on sale and decrease by adjustment of assets oo
Inspections and surveys 39bbb
Oer items n 9 r7
Taxes licenses and fees in7
Agents balances charged off
Expenses of field men and executive traveling loiaq
Agents allowances oinT
Remittances to home office al
Total disbursements 327061072
536259796
Balance 286
Annual Report
Ledger Assets
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
31112653b
36483360
58011839
130638061
536259796
4908377
19057302
Interest due and accrued
Other items
Reinsurance due on losses paid
Total assets 560225475
Deduct Assets Not Admitted
Agents balances 2996254
Other items
Book value of bonds and stocks over market
value 29278161
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Contingent commissions accrued
Total amount of all liabilities except capital
Capital actually paid in cash 40000000
Surplus over all liabilities 133484254
Surplus protection to policyholders
Total liabilities
Business in ForceFire
In force on the 31st day of December 1919 476398618
Written or renewed during the year 513429096
Excess of original premiums over amount re
ceived for reinsurance
Total 98982771 t
Deduct those expired and marked off as ter
minated 420053985
In force at the end of the year 569773729
Deduct amount reinsured 238539196
Net amount in force 331234533
Business in ForceMarine and Inland
In force on the 31st day of December 1919
Written or renewed during the year
Risks
68820579
316219489
Total 385040068
Deduct those expired and marked off as ter
minated 303807167
In force at the end of the year
Deduct amount reinsured
81232901
56976324
32274415
527951060
172781205
175180894
200000
5867774
436933
354466806
173484254
527951060
Premiums
452344619
411526347
5350035
899221001
391370914
507850087
200480268
307369819
Premiums
80595820
267633903
348229723
297506076
50723647
26923930
Net amount in force 24256577 23799717Insurance Department of Georgia
287

Business in the State of Georgia During 1920
A Fire Marine and
Inland
Gross risks written 1284798100 17971500
Less 3883244 risks cancelled and 2496706
reinsurance in Companies authorized in
Georgia 637995000
Net risks written 646803100
Gross premiums on risks writen 11918469
Less 3243204 return premiums and 2523692
premiums for reinsurance in Companies au
thorized in Georgia 5766896
Net premiums received
Losses paid deducting salvage
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses pai
Losses incurred
Less losses on risks reinsured in Companies au
thorized in Georgia
Net losses incurred
Investments in Georgia
Bonds
Total investments in Georgia par value
6151573
1863472
333293
a 1530179
1808315
290293
1518022
1000000
17971500
65537
65537
51000000
THE WORLD AUXILIARY INSURANCE COMPANY Ltd
175 W Jackson Blvd Chicago 111
Marsh McLennan U S Managers
Attorney for service in GeorgiaA H Turner Atlanta
Kinds of business in GeorgiaFire and Automobile
Amount of deposit capital I 20000000
Extended at
Income
Gross premiums on new business 133880316
Deduct amount paid for insurance and return
premiums
Ga
40291
Total premiums
Interest and rents
Other sources
From home office
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
lJ4d and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Furniture and fixtures
Maps
Taxes
20000000
9358S432
2126871
83090000
178805303
178805303
8901092
243774
18846372
6706415
378042
416791
199400
189021
151216
1832523288
Annual Report
To home office
7784250

Total disbursements
Balance
Ledger Assets
Bonds at book value
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Other items
Book value of bonds over market value
1873855
Total not admitted assets
Total admitted assets
9957010
45648896
133156407
113338230
12049041
7769136
133156407
1518959
134675366
1873855
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
20000000
42299886
Surplus protection to policyholders
Total liabilities
Business in ForceFire
Risks
Written or renewed during the year 119487257
Total 119487257
Deduct those expired and marked off as ter
minated 26793278
132S01511
13288312
56313313
400000
500000
70501625
62299SS6
132801511
Premiums
89789134
897S9134
19265830
In force at the end of the year
Net amount in force
92693979 70523304
92693979
Business in ForceMarine and Inland
Risks
19254848
Written or renewed during the year
Total
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
19254848
609415
18645433
10927487
Net amount in force 77117946
Business in the State of Georgia During 1920
A Fire
Gross risks written 149187500
70523304
Premiums
44091182
44091182
2096794
41994388
24867369
17127019
Marine and
Inland
32484000Insurance Department of Georgia 289
Less risks cancelled 35936200 14126700
Xet risks written 113251300 1S357300
Gross premiums on risks written 1000309 6730 58
Less return premiums 158803 325l16
Xet premiums received 841506 347942
Losses paid deducting salvage 9 33 2 246 50
Less losses on risks reinsured in Companies au
thorized in Georgia 1 12g 25
Xet losses paid1 ijl2325
Losses incurred 278540 4145 85
Less losses on risks reinsured in Companies au
thorized in Georgia 2 072 92
Xet losses incurred 278540 207293
YORKSHIRE INSURANCE COMPANY ltd
80 Maiden Lane New York N Y
Frank DuBoise U S Managers
Attorney for service in GeorgiaMilton Dargan Jr Atlanta Ga
Kinds of business done in GeorgiaFire insuranceall classes
Amount of paidup capital
Ledger assets Dec 31 1919
20000000
239170670
Extended at 239170670
Income
Gross premiums on new business 414787471
Deduct amount paid for insurance and return
premiums 221253224
Total premiums
Interest and rents
Remittances from home office to U S branch
Total income
Carried forward
Disbursements
Xet amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses
Furniture and fixtures including rent and repairs of same
Maps including corrections
Inspections and surveys
Federal taxes
Taxes licenses and fees
Legal expenses
Agents balances charged off
Remittances to home office
Miscellaneous
193534247
8794590
93273
202422110
411592780
80326978
2331184
42792082
11562256
924930
3185327
1093000
4184534
336682
374155
3553240
3740839
6190431
29878
3075
2872352
12588
Total disbursements 163513531
Balance 278079249
Ledger Assets
Bonds at book value 200679904290
Annual Report
Deposits at interest
Deposits not at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Sundry reinsurance Company losses recoverable on paid
losses
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Book value of bonds and stocks over market
value
627587
6249934
Total not admitted assets
Total admitted assets
35100008
273760
42025577
278079249
2957663
174812
281211724
6877521
274334203
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash OOOOOOO
Surplus over all liabilities 89851964
Surplus protection to policyholders
29424120
131258119
100000
3700000
164482239
Total
Business in ForceFire
Risks
In force on the 31st day of December 1919 252480357
Written or renewed during the year
31871331
Totaj 637193735
Deduct those expired and marked off as ter
minated 9884ui
In force at the end of the year S44S11381
Deduct amount reinsured loauiuoi
Net amount in force 191300804
Business in ForceMarine and Inland
Risks
In force on the 31st day of December 1919 80195
Written or renewed during the year 24509895
3252 1090
16126251
Total ri7
Deduct those expired and marked off as ter
minated
In force at the end of the year
Deduct amount reinsured
16397839
709786
Net amount in force 16688053
Business in the State of Georgia During 1920
A Fire
Gross risks written 1439087000
Less Fire 4529636 Marine and Inland 1939
risks cancelled and Jre 2569370 reinsurance
109851964
274334203
Premiums
269474103
357329680
626803783
276013062
350790721
146466537
204324184
Premiums
32063834
57457891
80521725
36475935
44045790
469272
43576518
Marine amt
Inland
67481500Insurance Department of Georgia
in Companies authorized in Georgia 709900600
Net risks written 729186400
Gross premiums on risks written 199 165 26
Less Fire 4313524 Marine and Inland 427982
return premiums and Fire 3441845 pre
miums for reinsurance in Companies author
ized in Georga 7755369
Net premiums received 12161157
Losses paid deducting salvage 89480 54
Less losses on risks reinsured in Companies au
thorized in Georgia 2199960
Net losses paid 6748094
Losses incurred 11857637
Less losses on risks reinsured in Companies au
thorized in Georgia 3137442
Net losses incurred 8720195
291
19737900
47743600
1541905
427982
1113923
942309
942309
942309
942309292
Annual Report
LIFE INSURANCE COMPANIES
AETNA MFE INSURANCE COMPANY
650 Main Street Hartford Connecticut
M G Bulkeley President C E Gilbert and W H Newell Secretaries
Attorney for service in GeorgiaW E Hawkins Atlanta Ga
Kinds of business done in GeorgiaLife Accident Health and Liability
Insurance
Amount of paidup capital i22222222
Ledger assets Dec 31 1919
12987920785
Kxtended at
Income
Gross premiums on new business oitotlin
Gross renewal premiums 2139277430
Deduct amount paid for insurance and return
12987920785
premiums
69468684
Total premiums 26791670
Interest and rents
Profits on sale or increase by adiustment ot assets
Other sources
Consideration for supplementary contracts involving lite
Consideration for supplementary contracts not involving
contingencies
Dividends to accumulate
Other income
5656139
22718763
16669882
22768191
26533622
Total income life business 3663385316
Carried forward 1665130610l
Disbursements
Net amount paid policyholders for losses and matured en
dowments I iA
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 275295701
hi Renewal 118644143
632010
Salaries of officers and employes home office
Rents and interest
Advertising printing postage telegrams etc
laid policyholders for dividends and interest thereon 19 1825333
3SS939l 1
91129974
I 776 1602
46426990
Loss on sale and decrease by adjustment of assets
Other items
raid policyholders for surrender values
I aid policy holders tor annuities
Taxes licenses and fees
Branch office expenses agency supervision and travel
All other disbursements
21898530
277270364
2939S641
96921288
7531 4833
126678004
Total disbursements life business 2785644060
Balance 13865662041
Ledger Assets
Book value of real estate 139168992
Mortgage loans first lien JSilHJHs
Bonds at book value SlInoSc
Stocks at book value V2c
Cash in office 4ISlaInsurance Department of Georgia
293

Deposits at interest o 47n 7qq Kf
Deposits not at interestIIIIHIi 1M11U54
23l2894
Agents balances net and bills receivable
13868236992
2574951
Less agents credit balances
Total ledger assets as per balance No 2318865662041
XonLedger Assets
Interest due and accrued 3 767 og4 35
Market and amortized value of assets over book valueI l97630485
Other Items
Due from other companies for reinsurance
Premiums in course of collection
2500000
304875545
Total assets 14747376506
Deduct Assets Not Admitted
Agents balances I
Bills receivable
Other items
Premium notes etc over due interest on
bonds in default premiums upon which no
liability is carried j7 541 35
1895305
417589
9067079
Total not admitted assets
Total admitted assets life business 147 383 09J 7
Total admitted assets accident healtb and liability business 3ol 1927187
Total assets 17750236614
Liabilities
Net amount of unpaid losses and claims 1 322 97I in
Reserves or unearned premiums on risks outstanding includ
ing special reserves 126 02239 0
Dividends to policyholders declared but unpaid and left with
company
Salaries and miscellaneous accounts due or accruedZl
Taxes due or accrued
Other items
Supplementary contracts not yet due not involving life con
tingencies
Supplementary contracts due involving life contingencies
All other liabilities
409656426
5102548
75345755
136703400
20000
64292475
Total liabilities life business 13425571972
Total liabilities accident health and liability business 2421922951
Total amount of liabilities except capital15847494923
Capital actually paid in cash 500000000
Surplus over all liabilities 1402741691
Surplus protection to policyholders 1902741691
Total liabilities life accident health and other business17750236611
Business in Force Life Insurance Campanies
In force December 31 191989267630986
Issued revived or increased during vear 495216386 01
Sum 138789269587
Deduct ceased to be in force during year 23230335479
In force December 31st 192011555893410s
Business in Georgia
In force December 31st 1919 1491782131
Issued revived or increased 4 054 124 28
Sum 1 I89719 4rri
Deduct ceased to be in force during the year 142261300
In force December 31st 1920 1754933259
Net losses paid during year including group 23691500
Net losses incurred during year including group 249071110
Investments in Georgia
Bonds municipal 4000000
Policy loans 58872807294
Annual Report
Other items iqpsnnn
Stocks mileage basis 9Qqfifino
Bonds mileage basis6289bb0U
Total investments in Georgia 12709
407
AMERICAN CENTRAL LirE INSURANCE COMPANY
Monument Place and Market Street Indianapolis Ind
Herbert M Woollen President Edward A Meyer Secretary
H Attorney for service in GeorgiaShephard Bryan Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital JulTe
Ledger assets Dec 31 I9ia
651172166
Extended at
Income
Gross premiums on new business SSsmss
Gross renewal premiums Z
Deduct amount paid for reinsurance and return g
premiums
219480832
Total premiums 46484042
Interest and rents
Other sources s n no
Supp cont not involving life cont
Supp cont involving life cont 1895
Prem extra balance charged oft oili
Res on policies reinstated g J
Coupons g3o7
Agents balances
I P B fund b4 7760213
273725087
Total income
I 924897253
Carried forward
Disbursements
Net amount paid policyholders for losses and endowments 509
Legal and administrative expenses in adjustment of claims 388712
Commissions and allowances to agents 580 958 44
a First year 1416i9S
b Renewal 65512337
Salaries of officers and employes 11548566
Rents and interest fi774807
Advertising printing postage telegrams etc 4080988
Paid policyholders for dividends iuouoo
Other items 20821966
Surrender values 37l9199
Taxes 9j1 r i o
Real estate expenses
Medical and inspection fees n ilnnn
Stock dividends S
Agency and medical inspections qoooi B2
Miscellaneous jbIikso
Agency supervision and office expense tnntaii
Agency meetings and prizes TMniu
Furniture etc qs57
Investment expense 24943106
Total disbursements 194744208
Balance 730153045Insurance Department of Georgia
295
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Policy loans
War Savings Stamps
Premium balances net
127845080
112644
856087
42443667
450985750
94865000
6673OS
13311992
777691
127101637
Total ledger assets as per balance No 23 730153045
NonLedger Assets
Interest and rents due and accrued
Market value of assets over book value
Other items
Furniture etc 1500000
Net uncollected and deferred premiums 19748758
Unearned fire and miscellaneous premiums 462233
Due from reinsurance Companies 9199
12518336
7604116
Total assets
Deduct Assets Not Admitted
Agents balances
Ottoer items
Furniture
Policy assets in excess of net value
Premiums Dr balances
21720190
771975687
853278
1500000
2241667
250
Total not admitted assets
Total admitted assets
4595195
767400492
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Value amounts not dueDisability
Value amounts not dueSuppl cont
Dividends left with Company
Premiums paid in advance
Interest and rents paid in advance
I P B fund
Coupons
General contingencies
29
6977
1
5
40
45565
06583
999S
78345
58355
259531
2508318
108717
1198071
3428253
7723617
8749721
2000000
25976228
Total amount of liabilities except capital 731465065
Capital actualy paid in cash 13700000
Surplus over all liabilities 22235427
35935427
767400492
Surplus protection to policyholders
Total liabilities
Business in Force
Ordinary
In force December 31 1919 7233047800
Issued revived or increased during year 4oi91661300
Rum 1132 4709100
Deduct ceased to be in force during year 1211637100
In force December 31st 1920 10113072000
Total296
Annual Report
Business in Georgia
In force December 31st 1919 100843300
Issued revived or increased 29895400
Sum 130738700
Deduct ceased to be in force during year 21792900
In force December 31st 1920 108945800
Net losses paid during year 500000
Net losses incured during year 500000
Investments in Georgia
Mortgage loans 3950000
Policy loans 507006
Total investments in Georgia 4457006
AMERICAN NATIONAL INSURANCE COMPANY
21st Street and Avenue D Galveston Texas
W L Moody Jr President W J Shaw Secretary
attorney for service in GeorgiaB C Starrett 427 Trust Company of
Georgia Bldg Atlanta Ga
Kinds of business done in GeorgiaLife Health and Accident
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 707720221
Increase of paidup capital during year 25000000
Extended at 732720221
Gross premiums on new
Gross renewal premiums
Industrial premiums
Income
business
Deduct amount paid for insurance and return pre
miums
67302858
106745078
281321508
3107277
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Consideration for supplementary contracts
Coupons left to accumulate and interest
Printing plant net receipts
Bank stocks previously charged off
Discount on loans purchased
Agents cash bonds deposited
From agents balances previously charged off
1361000
2767017
348503
10500
46212
516006
78386
452262167
49658175
245150
From accident statement
5127624
78754603
Total income t 586047719
Carried forward 1318767940
I isbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 41351568
b Renewal 5179861
Industrial 74844676
1031
4
26940
74674
Salaries of officers
Rents and interest
Advertising printing postage telegrams
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
etc
1213
139
63
74
300
2
79105
67760
00557
3966S
00000
14440Insurance Department of Georgia
297

Other items
Paid for claims on supplementary contract 5 062 24
Coupons and interest surrendered 1 7458
Compensation to managers and agents 8690 78
Agency supervision and traveling expense 2l600 07
Branch office expense 29925290
Medicals and inspections 104103 72
Legal expense 7194 10
Furniture and fixtures 1 10S86 69
Repairs and expense real estateI 41039 01
Taxes on real estate lsiesOS
btate taxes on premiums 35 113 35
Insurance department license and fees IJ 6816 83
Federal taxes 4499461
Municipal taxes 4294 33
Petty office expense 262 76
Bond premiums 616 25
Loan or investment expense I 17 109 04
Examination and audit 441254
Interest paid on cash bonds T 80 86
Premiums on compensation policies 943 61
Interest returned j 91900
Agents salaries charged off 2o486 35
Suspense account 2547 44
Special deposit returned slooooo
From accident statement 725993 14
Total disbursements 4 217 807 03
Balance 896987237
Ledger Assets
Book value of real estate 896 883 00
Mortgage loans first lien 3794020 40
Bonds at book value 2306359 60
Policy loans 833o3667
Deposits at interest 84 619 57
Deposits not at interest 876948 49
Agents balances net 30574 64
Other items
Collateral loans j 1 00000
Certificates of deposit 4643000
4743000
Total ledger assets as per balance Xo 23 896987237
NonLedger Assets
Interest due and accrued 20156371
Market value of assets over book value 244o92
Other items
Premiums due and deferred and in course of
transmission 19924861
Due from other Companies 349100
Unearned premiums on Are policies 70587
2034454R
Total assets 937732248
Deduct Assets Not Admitted
Agents balances 3057464
Other items
Excess items 1000000
Book value of real estate over market value 3138300
Total not admitted assets 7195764
Total admitted assets 930536484
Liabilities
Net amount of unpaid losses and claims 9037828
Reserves or unearned premiums on risks outstanding 747757427298
Annual Report
Deferred dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Reserve for taxes
Dividends left to accumulate and interest
Premiums paid in advance
Unearned interest and rents
Local advisor and special inspection compensa
tion
Reserve for depreciation
Contingent liability
Agents cash bonds
Suspense acaount
Agents credit balances
From accident statement
21337900
3221625
8523592
1375
7637
26222
15231
39590
10000
21164
28059
2781
26516
17858058
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
72800054
Surplus protection to policyholders 122800054
Total liabilities 930536484
Business in Force
Ordinary
In force December 31 1919 40690S7500
Issued revived or increased during year ISlTZirJS
cm bo2i48oQOU
Deductceased to be in force during year 949336000
In force December 31st 1920 5574150500
Business in Georgia
Ordinary
294929800
160163500
455093300

In force December 31st 1919
Issued revived or increased during year
Sum
Deduct amount ceased to be in force fluting
the year
In force December 31st 1920
Total
Net losses paid during year
Business in Georgia Durin
86506600
368586700
2 104000
2604000
1920
Industrial
6094197200
160163500
11683958000
2693264300
8990693700
Industrial
895571200
531774300
1427345500
312096800
1115248700
1070S200
10S3S700
Accident
Health
Totals
Gross Premiums
Less Return Pre
miums on Losses
Written or Re
newed during
the year
9643867
9643867
19287735
Gross Losses
Paid
1557414
6551519
SI08933
ATLANTIC ZIFE INSURANCE COMPANY
Seventh and Franklin Streets Richmond Va
E Strudwlck President R M Jones Secretary
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 30000000
Ledger assets Dec 31 1919 575204595
Extended at 575201595
Income
Gross premiums on new business 81576784
Gross renewal premiums 182721129
Deduct amount paid for insurance and return preInsurance Department of Georgia
299
miums 13742263
Total premiums 250555950
Interest and rents 36671032
Profits on sale or increase by adjustment of assets 21009
Other sources
Consideration for supplementary contracts 953135
Dividends left with Company 2545509
Anticipation fees on mortgage loans paid before
maturity 618626
Items previously charged off 22500
Discount on mortgage loans bought 517937
4657707
Total income 291905698
Carried forward 867110293
Disbursements
Net amount paid policyholders for losses 37575584
Legal and administrative expenses in adjustment of claims 126499
Commissions and allowances to agents
a First year 44369458
b Renewal 11475768
55845226
Salaries of officers and employes 10335672
Rents and interest 825l74
Advertising printing postage telegrams etc 4L70057
Paid policyholders for dividends 21990129
Other items
For annuities involving life contingencies 300866
Interest on death claim 76317
Surrender value paid in cash or applied in
liquidation of loans or notes 7956028
Surrender values applied to paidup insurance
and annuities 326782
Paid for claims on supplementary contracts not
involving life contingencies 80000
Dividends and interest thereon held on deposit
surrendered during the year 1019758
Paid stockholders for dividends 1800000
Agency supervision and traveling expenses of
supervisors 8273770
Medical examiners fees and inspection of risks 5346267
Legal expense not included in item 16 525487
Furniture fixtures and safes 720239
Repairs and expenses other than taxes on real
estate 393821
Taxes on real estate 247806
State Taxes on premiums 3550927
Insurance department licenses and fees 294463
Federal taxes 3685595
State city and county taxes L41046
Medical information bureau 370191
Miscellaneous expenses 1135406
Miscellaneous traveling expenses 150849
Investment expenses 37730
36433148
Total disbursements 167301489
Balance 699808804
Ledger Assets
Book value of real estate 20568500
Mortgage loans first lien 483313476
Bonds at book value nanFP069
Cash in office 452211
Deposits at interest 25077467
Deposts not at interest 406610
Agents balances net 28sonsi300
Annual Report
Other items
Collateral loans 5190000
Premiums reported to War Risk Ins Bureau 5815
Policy loans 1047148
Premium notes
American Service Bureau
Commuted renewal commissions
Furniture and fixtures
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Interest i
Rents
Other items
Due from other Companies on losses reinsured
Net uncqllected and defered premiums
13102526
169700
267560
300000
123750487
699808804
9138595
136614
2100000
17798617
75209
19898617
Total assets 728982630
Deduct Assets Not Admitted
Agents balances and com renewal comms
3148544
1965379
Policy assets in excess of net value
Other items
Ins Ter Bureau 169700
Furniture and fixtures 300000
Book value of one bond 753173
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Extra reserve for disability and accidental death
benefits
Amounts not yet due on supplementary cont
Amounts not yet due for disability benefits
Dividends left with Company
Interest and rent in advance
Premiums paid in advance
Dividends apportioned and previously ascertained
3923892
1426000
782327
20503432
2515150
523856
30681034
Total amount of liabilities except capital
Capital actually paid in cash 30000000
Surplus over all liabilities 25000000
Surplus protection to policyholders
6336796
722645S34
5746100
96315506
3017762
200000
2010775
60355691
667645834
55000000
Total liabilities 722645834
Business in Force
Ordinary
In force December 31 1919 5913758200
Issued revived or increased during year 2231610600
gum 8145368800
Deduct ceased to be in force during year 486347500
In force December 31st 1920 7659021300
Business in Georgia
In force December 31st 1919
112122200Insurance Department of Georgia
301
Issued revived or increased 41800000
um l541222oO
Deduct ceased to be in force during the year 88 515 00
In force December 21st 1920 1 452707oO
Net losses paid during year 9000 00
Net losses incurred during year 8oOOOO
Investments in Georgia
Bonds 230000
Mortgage loans 73425555
Policy loans 2679766
Total investments in Georgia 76335321
THE BANKERS RESERVE IIPE COMPANY
Omaha Neb
R L Robinson President r c Wagner Secrets
Attorney for service in GeorgiaC M Furlow Madisn Ga y
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 100 000 00
Ledger assets Dec 31 1919 9189278o5
Extended at 918927805
Income
Gross premiums on new business 960 894 86
Gross renewal premiums 176387486
Deduct amount paid for insurance and return
premiums 2153566
Total premiums 270323406
Interest and rents 490 260 03
Other sources
Supplementary Contracts 500000
Dividends left with company 4051476
Bonus on mortgage loans ll350
Agents Balance 164791
Accrual of discount l04639
4832256
Total income f 324181665
Disbursements
Other items
Net amount paid policyholders for losses 28432050
Legal and administratipe expenses in adjustment of claims 4000
Commissions andallowances toi agents
a First year 66319989
b Renewal 4301963
70621952
Salaries of officers and employees 13805849
Rents and interest 578518
Advertising printing postage telegrams etc 5557183
Paid Policyholders for dividends 25284768
Loss on sale and decrease by adjustment of assets 10834 11
Other items
Surrender values 35256383
Agency Exp 15936872
Medical examination fees 8188867
Taxes and fees 4293669
Other items 3370500
67046381
Total disbursements 212414112
Balance 1030695358
Ledger Assets
Mortgage loans first lien 117640000
Bonds at book value 691744422
Cash in office 6987Annual Report
Deposits at interest
Agents balances net
Other items
Loans to policyholders 161334723
Renewal premium notes 11938673
47804764
225789
173273396
Total ledger assets as per balance No 23 1030695358
NonLedger Assets
Interest due and accrued 7224816
Other items
Uncollected premiums 6178358
6178358
Total assets 1044098532
Deduct Assets Not Admitted
Agents balances 498134
Other items
Book value of bonds over market value
10313144
10811278
Total not admittel assets
Total admitted assets 1033287254
Liabilities
Net amount of unpaid losses and claims
Reserve on risks outstanding
Dividends to policy holdersholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Suppementary Contracts
Policies Sm for cash
Dividends left with company
Premiums paid in advance
Unearned interest
Suspense items
2120675
192884
12434296
1689429
4403987
5777620
2888175
154002100
38430151
514100
4550000
21418891
Total amount of liabilities except capital 921803417
Capital actually paid in cash 10000000
Surplus over all liabilities 101483837
Surplus protection to policyholders 121483837
Total liabilities 1033287254
Business in Force Life Insurance Companies
In force December 31 1919
Issued revived or increased during year
Sam
Deduct ceased to be in force during year
In force December 31st 1920
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sums
Deduct ceased to be in force during the year
In force December 31st 1920
Net losses paid during year
Net losses incurred during year
Ordinary
5873708427
2745311225
8619019652
879450150
7739569502
65945500
15404475
81349975
12881600
68468575
215900
215900
CAROLINA LIFE INSURANCE CO
1708 Sumter St Columbia S C
P H Haltiwanger President A H Kohn Secretary
Attorney for service in GeorgiaMoElreath Scott
807812 Silvey Bldg Atlanta Ga
Amount of paidup capital 10000000Insurance Department of Georgia
303
Ledger assets Dec 31 1919
26427989
Extended at 1 26427989
Income
Gross premiums on new business 1629028
Gross renewal premiums 844561
Deduct amount paid for insurance and return prem
iums 242210
2231379
10691867
13663660
1172356
150000
Weekly life and int prem
Industrial dept sick benefit
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Sale of Va Debits 4500000
Printed forms sold 2450
Discount on Liberty Bonds bought 880
4503330
Total income 132412592
Carried forward 158840581
Disbursements
Net amount paid policyholders for losses
Salaries to industrial agents
Commissions and allowances to agents
a First year
b Renewal
49735
17070
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Travelling expenses
Med fees and insp of risks
Other items
Legal exp 51911 furniture 248573 reps on real est 178987
taxes real est 179410 state taxes 538998 ins dept
616 55 Federal taxes 1032086 municipal licenses 381955
personal prop taxes 191360 com for col rent 35746 Of
sups 104915 donations 55500 fuel 103384 fire ins
46285 misc exp 549065 prizes 15610 water rent 13305
conference dues 31354 paving assessment 490 32 penalt
war tax 27877 loss 4500 war prem rtd 20000 debits
purchased 1043459 bond act chgd off 47046 cash sur
render 700
59035007
47405928
866806
8672825
1243293
2041546
3194924
705025
5012713
Total disbursements 128178067
Balance
Ledger Assets
Book value of real estate less 2100000 incumbrances
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans 1061490 building in process of construction
2708379 loans on companys polices 207557 premium notes
80681 bills rec 310316 noncollateral loans 36056
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Rents due 109000
30662514
12100000
3793505
4318600
190213
4520100
329151
1006466
4404479
30662514
215886WHBWl
304
Annual Report
Premiums due and deferred less loading 661414
770414
Total assets 31648814
Deduct Assets Not Admitted
Agents balances 1006466
Bills receivable 346372
Total not admitted assets 1352838
Total admitted assets 30295976
Liabilities
Net amount of unpaid losses and claims 114550
Reserves or unearned premiums on risks outstanding 18474679
Taxes due or accrued 1002000
Other items
Accrued interest on mortgage 20917
20917
Total amount of liabilities except capital 19612146
Capital actually paid in cash 10000000
Surplus over all liabilities 683830
Surplus protection to policyholders 10683830
Total liabilities 30295976
Business in Force Life Insurance Companies
Ordinary Industrial
In force December 31 1919 37620000 966010600
Issued revived or increased during year 70700000 796729900
Sum 108320000 1762740500
Deduct ceased to be in force during year 12200000 856422000
In force December 31st 1920 96120000 906318500
Business in Georgia
In force December 31st 1919 500000 124628800
Issued revived or increased 5600000 221927150
Stim 6100000 346555950
Deduct ceased to be in force during the year 600000 172974200
In force December 31st 1920 5500000 173581750
Net losses paid during year 12477929
Net losses incurred during year 12477928
CIOVEELEAr LIFE CASUALTY COMPANY
306308 East State St Jacksonville 111
F H Rowe President R Y Rowe Secretary
Kind of business done in GeorgiaLife Accident Health
Amount of paidup capital 20000000
Ledger assets life department 31215358
Ledger assets casualty department 19706060
Extended at 50921418
Income
Gross premiums on new business 9252j528
Gross renewal premiums 6980517
Total premiums 16233045
Interest and rents 1947049
itlier sources
Miscellaneous 2695
Real estate 609379
61204
Total income Life department1 1S792168Insurance Department of Georgia
305
Total income Casualty department 92534974
Total income 111327142
Carried forward 162248560
Disbursements
Net amount paid polieyholders for losses 1355453
Legal and administrative expenses in adjustment of claims 679757
Commissions and allowances to agents
a First year 61146846
b Renewal 182222
6329068
Salaries of officers and employes 3631551
Rents and interest 133875
Advertising printing postage telegrams etc 924030
Loss on sale and decrease by adjustment of assets 83936
Other items
Legal expenses 103447
Furniture fixtures and safes 92578
Taxes licenses fees etc 460073
Miscellaneous 256552
912650
Disbursements life department 14050320
Disbursements casualty department 90218381
Total disbursements 104268701
Balance 57979859
Book value of real estate 1 3660150
Mortgage loans first lien 45546050
Bonds at book value 1204475
Cash in office 68447
Deposits at interest 193699
Deposits not at interest 841814
Agents balance net 859534
Other items
Loans made to policy holders 1556910
Premium notes on policies in force 102221
Special assets of casualty department 3946559
5605690
Total ledger assets as per balance No 23 57979859
NonLedger Assets
Interest due and accrued 629002
Other items
Net amount of uncollected and deferred
premiums 964857
Furniture and fixtures 104292
Other assets of casualty department 1651293
2720442
Total assets 61329303
Deduct Assets Not Admitted
Agents balances 865506
Other items
Supplies etc 104292
Premium notes etc 78718
Book value of bonds over market value 188834
Book value ledger assets casualty department 2544402
Total not admitted assets 3781752
Total admitted assets 57547551
Liabilities
Net amount of unpaid losses and claims 28391332
Salaries and miscellaneous accounts due or accrued 123992
Taxes due or accrued 510000
Liabilities of life department 29025324306
Annual Report
Liabilities of casualty department 54 057 31
Total amount of liabilities except capital 344 310 55
Capital actualy paid in cash MO noo on
Surplus over all liabilities ZZZZZZ 3116L96
Surplus protection to policyholders 231 164 96
Total liabilities J 57547551
Ordinfl rv
Business in Force Life Insurance Companies
In force December 31 1919 2 722 2nd on
Issued revived or increased during year ZZ 4l9l57400
Deduct ceased to be in force durinFyear fiqRi7nnn
In force December 31st 1920 ZZZZZZZZZZZ 6 27560400
Business in Georgia
Issued revived or increased 5600000
In force December 81stTiMlfZZZ sZZeoOooO
T Premiums in Force Miscellaneous Companies
In force December 31 1918 43iR04
Written or renewed during year 93806991
Deduct ceased to be in forceduringyearZZZZZZ m4qsiiR
In force December 31st 1919ZZZZZZZZZZ VzTlivi
Business in Georgia During 191S
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
j pr tne Year
Accident and Health 3729906 1590962
THE COLUMBIAN NATIONAL LIFE INSURANCE CO
77 Ftranklin Street Boston Massachusetts
Arthur E Childs President William H Brown Secretary
Attorney for service in GeorgiaAlfred C Newell Atlanta
Kinds of business done in GeorgiaDife Accident and Health Insurance
Amount of paidup capital 1 000000 00
Ledger assets Dec 31 1919 1656445327
Extended at 165445327
Income
Gross premiums on new business 931 960 72
Gross renewal premiums 3 101 451 24
Deduct amount paid for insurance and return prem
iums 8362297
Total premiums qq 7B 00
Interest and rents S88 701 kq
Profits on sale or increase by adjustment of assets qqq97
Other sources amiii
Accident and health dept premiums 521 867 71
Dividends left with the company to accumulate 1071 05
Consideration for supplementary contracts 37 112 84
Advanced deposits with applications 22 95
Matured endowments and dividends thereon 9870
56017325
Total income 542866120
Carried forward 2199311447
Disbursements
Net amount paid policyholders for losses 734 i61 42
Other policy payments not including dividends Z 41103704Insurance Department of Georgia
307
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents 373 397 52
a First year 16762544
b Renewal
Salaries of officers and employes
AdvertisinTprMTnTpostagertelVgrams etc
Paid policyholders for dividends
Consideration for supplementary coftsg
Loss on sale and decrease by adjustment of assets
Other Items
Dividends to stockholders
Agency supervision
Branch office salaries and expenses
Medical fees and inspection of osks
State municipal and insurance dept he and fees
Real estate taxes and expenses
Govt and state taxes on premium and income
Misc expenses furniture and fixtures etc
Home office expense and traveling
Occident and health dept claims paid
Occident and health dept expenses commissions
taxes etc
600301
54102296
15605529
4923062
7156492
5034092
1339292
1096044
7000000
646304
32309853
6520706
760063
5551248
7940318
3776806
2172227
28558453
24515141
119751119
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Loans to policyholders
U S Govt
Premium notes
Suspense and contingent funds YZ
Accident and health premiums in course of col
lection
324128073
1875183374
99754662
266079309
1123789521
13562635
833490
46899101
1750038
8657519
273205337
3064
26182765
161693
14304240
313857099
Total ledger assets as per balance
NonLedger Assets
No 23 1875183374
Interest and rents due and accrued
Market value of real estate over book value
Other items
Ilncollected and deferred premiums net
Reinsurance due from other companies
38923318
2852837
33066515
7890155
41776155
Total assets
1957916199
Deduct Assets Not Admitted
Agents balances gross
Other items
Suspese and contingent funds
Loading on premium notes
Overdue and accrued interest on bonds in default
Ace and hlth prems 90 days overdue
Balances in banks in hands of receivers
Book value over market value stocks and amort
ized bonds
Total not admitted assets
Total admitted assets
9450231
161693
3576187
1624250
276079
65310
20218078
35371828
1922544371308
Annual Report
Liabilities
Net amount of unpaid losses and claims 17 iRn 01
SSSMS accounts aue ocrued feftg
Other items 5805097
Reserve for disability benefits s nn
Reserve for disability claims q il
Accident and health claims unpaid or in process 7611249
of adjustment piocess
AmS an 1eaUh uneaedpfeiums 21507879
ACandenaccueddhealth S
nlllZi 7f1UeS and advancedeposHsi a277727
Reserve held awaiting apportionment on defer 27
red dividend policies 0Q
88022719
Surplus over all liabilities and reserves 12mom67
Surplus protection to policyholders ft0
Total
1922544371
Business in Force Life Insurance Companies
In force December 31 1919 Ordinary Industrial
issued revived or ISSSZIIZIB WjJ
Deduct ceased to beinforcedurmgyearIllzt 21760300
in force December 31st 1920 ZZZZZZZZ TM
Business in Georgia
In force December 31st 1919 ta
Issued revived or increased 452401971
sum 168393100
Deduct ceased to be in force during thevear 620795071
In force December 31st 1920 66460200
Net losses paid during yearZ 554334871
Net losses incurred during yearZ 892637
t Premiums in Force Misc7lian7ouscommnies 10452
Tn force December 31 1919
Written or renewed during yearZIZZZ iZMntl
bum Us07053
Deduct ceased tobein forcedurtngyear 112561018
In force December 31 1920 aurlng year 59984456
Deduct amount reinsured 52576562
Net premiums in force 9604221
42972341
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
written or Re paid
newed during
Accident tne Yar
Health 679987 651508
495117 307138
Totals 1
llf75104 958646
Investments in Georgia
Real estate
Bonds 1613712
Mortgage loans 10804902
Policy loans 15742809
9443069
Total investments in Georgia 1
37604492Insurance Department of Georgia
309
THE CONNECTICUT BTOTTJAI IIFE INSURANCE COMPANY
36 Pearl Street Hartford Conn
Henry S Robinson President Jacob H Greene Secretary
Ledger assets Dec 31 1919 8297501179
Extended at
Income
Gross premiums on new business Hossqi
Gross renewal premiums iSboi4
Total premiums
Interest and rents
Profits oi Bale or increase by adjustment of assets
Other sources
Unapplied payments on land contracts suspense acct
Consideration supp contracts not involving life contingencies
Consideration supp contracts not involving life contingencies
Dividends left with Company to accumulate at interest
8297501179
1164075001
419970839
7898126
346990
20794061
882852
41599324
Total income
1655567193
forward 9953068372
Carried
Disbursements
Net amount paid policyholders for losses inc endowments
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
First year

h Renewal
89832540
E9U24395
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Doss on sale and decrease by adjustment of assets
Other items
Annuities Installment contracts income contracts and
disability
Surrender values
Taxes
Expenses Trzr
Dividends left with company to accumulate at interest
549880789
320862
148956935
36978290
8734735
13559
173134047
8232776
16354120
110665195
49919743
58272881
41599324
Total disbursements
1216609445
Balance
Ledger Assets
Book value of real estate l
Mortage loans first lien
Bonds at book value i0
Stocks at book value
Deposits at interest
Agents balances net
Other items
Bills receivable
Real estate sold under land contracts bal purchase price
Prem reported to war R Ins B soldier and sailor C R act
Policy and premium loans
Premium notes
8736458927
10
93S96582
38432389
66333900
78124050
93622345
3535324
7918
21428294
12116
32894255
8171754
Total ledger assets as per balance No 23 8736458927
NonLedger Assets
Interest due and accrued including rents due and accrued iilccn
Market value of assets over book value 94i4tu
Other items 00
Due from ether companies for losses or claims reinsured
Net amount of uncollected and deferred premiums 143643324
Total assets 9067447229310
Annual Report
DeductAssets Not Admitted
Agents balances
Bills receivable
Other items
Overdue and accrued interest on bonds in
default
3627951
79IS
5238000
8873869
Total not admitted assets
Total admitted assets2 9058573360
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding 81
Dividends to policyholders declared but unpaid 2
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Premium paid in advance inc surrender values so applied
Unearned interest and Rents paid in advance
Reserve on account of dividends to be declared 1
Surrender values credited and suspense account
44177246
17346626
66376665
4751589
35000000
9232448
11891051
91000000
711183
Total amount of liabilities except capital 86 804 868 08
Surplus protection to policyholders 378o86552
Total liabilities
9058573360
Business in Force Life Insurance Companies
t t i n Ordinary
Inforce December 31 1919 331280 554 55
Issued revived or increased during year 75394 72307
SUI rrLio40667527762
Deduct ceased to be in force during year 23 965 749 42
In force December 31st 1920 382709o2820
Business in Georgia
In force December 31st 1919 6 293 435 00
Issued revived or increased 226l752 00
Sum 855518700
Deduct ceased to be in force during the year 83l48 00
In force December 31st 1920 7720705ZoO
Net losses paid during year 86 787 00
Net losses incurred during year 86787 00
THE CONSERVATIVE LIFE INSURANCE CO
Cor 16th and Market Sts Wheeling W Va
Geo W Hill President clem E Peters Secretary
Attorney for service in GeorgiaW H Ducksworth Cairo Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 342 250 00
Ledger assets Dec 31 1919 1157 273 54
Increase of paidup capital during year 5454000
Extended at 121181354
Income
Gross premiums on new business 282 450 73
Gross renewal premiums 42L365 59
Deduct amount paid for insurance and return pre
lums 2830269
Total premiums gg
Interest and rents ZZZZZZZZZZZ 69936 04
Profits on sale or increase by adjustment of assets Z ZZZZZ i28403
Other sources v
Investment expense 67 94
Remittance act prems prems with app 413 61
Surplus from sale of stock 6454000
6502065
Total income 81175435
Carried forward S 202356789Insurance Department of Georgia
311
Disbursements
Net amount paid policyholders for losses 11339436
Commissions and allowances to agents 22g g2
a First year 2l66394
b Renewal 247 97656
3261967
Salaries of officers and employes 300000
Rents and interest u 8i204
Advertising printing postage telegrams etc
Other items 126800
Spplementary contract 12H0 73
Department fees and taxes 657826
Health clause 522873 life insurance C B P 730 39
Agency expenses 35l5588
Medical fees etc 7506326
48386589
Total disbursements
153970200
Balance
Ledger Assets
M 35517629
Book value of real estate 46625020
Mortgage loans first lien 40356240
Bonds at book value 210810
Cash in office 19803072
Deposits at interest 4 214ll
Deposits not at interest 1498280
Agents balances net
Other items 200000
Collateral loan 68 432 30
Policy loan 941714
Premium notes 2254 55
Bills receivable is9739
Furniture fixtures and supplies uiaag 9537758
1 Q 702 00
Total ledger assets as per balance No 23
NonLedger Assets ie48818
Interest due and accrued y
Other items m fln
Due from other Companies ZlTnvi
Net uncollected and deferred premiums 4tu 06093
160824611
Total assets
Deduct Assets Not Admitted
Agents balances illM
Bills receivable
SuppliesnSprinting and stationery Furniture and
fixtures 91111
Premium notes policy loans in excess of value n i
Book value bonds and stocks over market value1353Z4U
Total not admitted assets 4643395
Total admitted assets 156181216
Liabilities
Net amount of unpaid losses and claims ist7
Reserves or unearned premiums on risks outstanding tluVn
Salaries and miscellaneous accounts due or accrued 300000
Taxes due or accrued
Total amount of liabilities except capital 120824267
Capital actually paid in cash 11 oiq io
Surplus over all liabilitiesiiJiaa
Surplus protection to policyholders 35356949
in 156181216
Total liabilities 312
Annual Report
Business in Force
In force December 31 1919 tvwniQ nn
Issued revived or increased during yearIIIZTIIZZI 1076493300
Deduct c7asedtoreinforcedVringyear 2477qSnS
In force December 31st 1920 ZZZL 21fimfiMZ
2190565400
Business in Georgia
In force December 81st 1919 0rdlfSn nft
IsumdLd0icreased 20S00
Deduct ceased to be in forceYu7ingtheyearII 217oooon
ToSr6 December 31st1920 isboooS
Total 21350000
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
120 Broadway New York N Y
W A Day President w Alexander Secretarv
TTir reyfor seSvlce m GeorgiaW E Duncanson Atlanta Ga
Kinds of busmess done in GeorgiaOld Line Life Accident and Health
Amount of paidup capital 100 000 00
Ledger assets Dec 31 1919 587308203i0
Extended at
Income
Gross premiums on new business 23 534 935 62
Gross renewal premiums 7l80243443
Plus net amount received for reinsurance III 1741665
58730820310
95
Total premiumsi
Interest and rents
Profits on sale or increase by adjustmentof assets Z
Other sources
Consideration for supplementary contracts not in
volving life contingencies 2 412 41 Ofi
interest6 WUh Company to accumufaTe at Lm
Interest divldendtepoifte I I 67823203
Foreign exchange and currency adjustment 20825is96
35478670
22321731
55628798
unearned
insurance
Foreign exchange
Deposits account
Reports in transit
United States tax
Cancelled checks
United States of
Civil Relief Act
Unclaimed accounts
Dividends on capital stock refunded bv trustees
Miscellaneous
From agents balances previousfycharged off I
Accident and health department
America Soldiers and Sailors
52500000
4762910
28596407
91929
2001169
85371
400672
336890
346652
2521936
87659492
Total income
Carried forward
Net amount paid
Disbursements
702265017
13215694216
71946514526
pohcyholders for losses o
Legal and administrative expenses TV
missii
First year
Commissions to agents
in adjustment of claims
68252417
1783739
OL jcai g
1 Renewal
I ofio touzt
Salaries of officers and horns office employes 11
821670725
341875427
63546152
85537597Insurance Department of Georgia
313
Rents 84201799
Advertising printing postage telegrams etc 81911003
Paid policyholders for dividends 1684062113
Loss on sale and decrease by adjustment of assets 551244l55
Other items
Matured endowments 1526852236
Annuities 171246273
Surrender values 1118441957
Claims on supplementary contracts not involving
life contingencies 227686081
Dividend deposits and interest surrendered 36863301
Paid stockholders for dividends 700000
Compensation of managers and agents 3394386
Agency supervision and traveling expenses 84376168
Branch office expenses 127965217
Medical examiners fees and inspections of risks 83846384
Legal expense 6127138
Furniture fixtures and safes 35417170
Repairs and expenses other than taxes on real
estate 124958336
Taxes on real estate 25415186
State taxes on premiums 105547083
Insurance department licenses and fees 6685 97
Federal taxes 110465536
All other licenses fees and taxes 19031271
Sundry disbursements 1 58520919
Interest dividend deposits 7823203
Interest policy claims 4916751
Miscellaneous interest 767706
Sundry losses 921996
Decrease in special funds 1122439
Rent deposits 344o36
Agents balances charged off 2o27572
Deferred payment on bonds purchased 70000000
Accident and health department 66450547
4021397489
Total disbursements 10641936464
BfUance 613045j78062
Ledger Assets
Book value of real estate 12631543 95
Mortgage loans first lien 12671699495
Bonds at book value 35632141740
Stocks at book value 14 579 334 qq
Cash in office 3934 51
Deposits at interest 6941598 54
Deposits not at interest 155365 71
Agents balances net 283031 48
Other items
Policy loans 5 9032282451
Collateral loans 4161029 00
Cash in transit 418 J43 43
War liens 5592l85
Accident and health department 187 243 90
Bills receivable 3712 35
Supplies 1320949
Par value of capital stock acquired under mutuali
zation plan 97700 00
Premiums reported to War Risk Insurance Bureau 55455
9537621008
Total ledger assets as per balance No 2361304578062
NonLedger Assets
Interest and rents due and accrued 7 904 317 63
Other items
Due from other Companies for losses or claims on policies re
insured 58 4QQ 00
Uncollected and deferred premiums I 846457715
Total assets 62947307540Annual Report
Deduct Assets Not Admitted
Agents balances 48088098
Bills receivable 371235
Other items
Supplies 13270949
Policy loans in excess of net value 415968
Accident and health department 615392
Book value of ledger assets over amortized value of
bonds and market value of stocks 170372174
Total not admitted assets 233133816
Total admitted assets 62714173724
Liabilities Surplus and Other Funds
Net amount of unpaid losses and claims 594869080
Reserves or unearned premiums on risks outstanding51204642300
Dividends to policyholders declared but unpaid 134591682
Salaries and miscellaneous accounts due or accrued 45842357
Taxes due or accrued 244620953
Other items
Extra reserve for disability 121197600
For accidental death benefits 63470100
Present value of amounts not yet due on supplement
ary contracts not involving life contingencies 515059700
Present value of amounts incurred but not yet due
for total and permanent disability benefits 49742200
Liability on policies cancelled and not included in
net reserve upon which a surrender value may
be demanded 5418867
Due and unpaid on supplementary contracts not
involving life contingencies 377438
Dividend deposits and accrued interest thereon 293458784
Premiums paid in advance 54322681
Interest and rents paid in advance 205458404
Reserve for capital stock acquired under mutualiza
tion plan 3220000
Tax reserve 106743944
Reserve for depreciation of foreign cash balances 107000000
Contingency reserve Russian business 16513613
Accident and health department 67527362
Sundry liabilities 70002471
1679513164
Total amount of liabilities except capital 53904079536
Capital actually paid in cash 10000000
Surplus and dividend fund 8800094188
Surplus protection to policyholders 8810094188
Total 62714173724
Business in Force
Ordinary Group
In force December 31 1919 194494725600 32595667500
Issued revived or increased during year 48346662400 215506299on
Sum 242841388000 54146297400
Deduct ceased to be in force during year 17040005500 14295182800
In force December 31st 1920 225801382500 39851114600
Business in Georgia
In force December 31st 1919 1662815500 29555000
Issued revived or increased 449729900 34789900
Sum 2112545400 64344900
Deduct ceased to be in force during the year 188405400 12358200
In force December 31st 1920 1924140000 51986700
Net losses paid during year 24921268 1332000
Net losses incurred during year 26446668 1332000
Business in Georgia
Description Amount Credited
to State
Atlantic Coast Line Bq 4 l2sB 1921 958592
1st Cons 4s 1952 10117226Insurance Department of Georgia
315
Charleston Savannah 1st 7s 1936 5746110
Louisville Nashville Coll 4s 1952 5739916
Savannah Florida Western 1st 6s 1934 8380556
Illinois Central Central of Georgia Cons 5s 1945 149250165
Bq 4 l2s L 192324 7126980
1st 5s 1945 100 114790100
Wrightsville Tennille 1st 5s 1958 100 16299500
Louisville Nashville Eq 5s A 192123 621340
Atlanta Knoxville Cincinnati Div 4s 1955 5404300
Seaboard Air line Bq 5s P and Q 192024 l2s N 1921 8457537
1st 4s 1950 5105310
Ref 4s 1959 19632934
AtlantaBirmingham 1st 4s 1933 44751473
Southern Development Gen 4s A 1956 11260032
Eq 5s S 192124 4 l2s O P 1921 8094268
1st Cons 5s 1994 18273691
East Tenn Reorganization 5s 1938 50378172
Atlanta Charlotte A L 1st 4s A 1744
5s B 1944 18636604
East Tenn Va Galst Cons 5s 1956 4103617
513128423
Columbus Water Works 5s 19211926 100 9134700
Rome School 4s 19211923 100 1894100
Street Paving 4s 19231925 100 2568500
13597300
Total 526725723
Investments in Georgia
Bonds 526725723
Mortgage loans 228516938
Policy loans 125151308
Total investments in Georgia 880393969
FEDERAL LIFE INSURANCE COMPANY
166168 North Michigan Blvd Chicago Illinois
Isaac Miller Hamilton President W E Brimstin Secretary
Kinds of business done in GeorgiaLife and Accident and Health
Amount of paidup capital 30000000
Ledger assets Dec 31 1919 453906516
Extended at 453906516
Income
Gross premiums on new business 38074499
Gross renewal premiums 86480604
Total premiums 124555103
Interest and rents 28670803
Profits on sale or increase by adjustment of assets 97500
Other items
Considerations for supplementary contracts not in
volving life contingencies 431800
Dividende left with the Company to accumulate at
interest 385174
Commissions received on mortgage loans 2480790
Increase in suspense account 15819
3313583
Total income
Life department 156636989
Accident and health department 67735173
224372162
Carried forward 678278678S16
Annual Report
Disbursements
Net amount paid policyholders far losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 23923163
1 Renewal 5163013
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Sur Repairs taxes etc
Miscellaneous expenses
Investment expenses
Agents balances charged off
146623
63825
282761
Total disbursements
Life department
Accident and health department
113759607
60752884
27209788
1367890
29086176
16609137
2100000
5701592
2535829
764575
27891411
493209
174512491
Balance 503766187
Ledger Assets
Book value of real estate 54307790
Mortgage loans first lien 243355798
Bonds at book value 63110625
Stocks at book value 580000
Cash in office 778358
Deposits at interest 11637842
Agents balances net 558513
Other items
Bills receivable 790847
Accident and health premiums in process of coll 5933942
Loans secured by pledge of bonds stocks etc 1224600
Loans made to policyholders on policies assigned as
collateral 117767848
Premium notes on policies in force 3720024
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Net amount of uncollected and deferred premiums
Total
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Premium notes policy loans and other policy assets
in excess of net value and of other policy liabilities
on individual policies
Book value of bonds and stocks over market value
129437261
503766187
9201168
9819919
assets 522787274
558513
790847
3250255
277225
Total not admitted assets
Total admitted assets

4876840
517910434
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Unpaid coupons and interest thereon
3932560
432064808
15476110
2792511
3130809
161457Insurance Department of Georgia
317
Suspense account 26265
187722
Total amount of liabilities except capital
Life department 457584520
Accident and health 21106188
478690708
Capital actually paid in cash 30000000
Surplus over all liabilities 9219726
Surplus protection to policyholders 39219726
Total liabilities 517910434
Business in Force
Ordinary Industrial
In force December 31 1919 3613649000 8869000
Issued revived or increased during year 1725090500 2672200
Sum 5338739500 11541200
Deduct ceased to be in force during ylear 696003300 2975200
In force December 31st 1920 4642736200 8566000
Investments in Georgia
Ordinary Industrial
In force December 31st 1919 17942700 132000
Issued revived or increased 4549700 1300 00
Sum 22492400 262000
Deduct ceased to be in force during the year 2279800 132000
In force December 31st 1920 20212600 132000
Net losses paid during year 89100
Net losses incurred during year 89100
Premiums in Force
In force December 31 1919 23477134
Wiritten or renewed during year 77722045
Sum 10119179
Deduct ceased to be in force during year 70073811
In force December 31 1920 31l25368
Deduct amount returned 53908
Net premiums in force 31071460
Investments in Georgia
Gross Premiums
Less Return Pre
miums on Risks Gross Dosses
Written or Re Paid
newed during
Accident 959588 374229
Total 959588 374229
THE FIDELITY MTJTTJAI IIFE INSURANCE COMPANY
112116 N Broad Street Philadelphia Pa
Walter LeMar Talbot President Chas G Hodge Secretary
Attorney for service in GeorgiaJ H Byrley Atlanta Ga
Kinds of business done in GeorgiaParticipating
Ledger assets December 31 1918 3884473213
Extended at 3884473213
Income
Gross premiums on new business 162249015
Gross renewal premiums 589156716
Deduct amount paid for insurance and return
premiums 7303266
Total premiums 744102465
Interest and rents 216326638
Profits on sale or increase by adjustment of assets 1941980318
Annual Report
Other sources
Dividends left with company at interest 8738899
Consideration for supplementary contracts 5093650
Total income 976203632
Carried forward 4860676845
Disbursements
Net amount paid policyholders for losses endowments and
Annuities 222982689
Net amount paid on supplementary contract 7012393
Legal and administrative expenses in adjustment of claims 599052
Commissions and allowances to agents
a First year and original annuities 65479724
b Renewal 35820192
98299916
Salaries of officers and employes l 29889422
Rents and interest 9200713
Advertising printing postage telegrams etc 11589494
Paid Policyholders for dividends 60936061
Paid policyholders for surrender value i 74839185
Loss on sale and decrease by adjustment of assets 23631727
Other items
Dividends left to accumulate 4863736
Insurance Department taxes fees and licenses 14973441
Taxes and repairs on real estate 13128897
Medical examinations and inspection of risks 8719530
Branch offices and agency expenses 18307291
All other expenses 5163688
Total disbursements 604137235
Balance 4256539610
Ledger Assets
Book value of real estate 144987928
Mortgage loans first lien 1609307943
Bonds at book value 1625447685
Stocks at book value 16459254
Cash in office 99647
Deposits at interest 41154L80
Deposits not at interest 376908
Agents balances net 20726875
Other items
Policy loans 711375731
Collateral loans 10600000
Premium notes 57 00173
Bill receivable 303286
Total ledger assets as per balance No 23 4256539610
NonLedger Assets
Interest and renfs due and accrued 561770 33
Market value of assets over book value real estate 22o20255
Other items
Net amount of uncollected premiums 637 79432
Total assets 4399016330
Deduct Assets Not Admitted
Agents balances 228131 65
Bills receivable 3 032 86
Other items
Notes and loans excess of their net values 67160 52
Book value of bonds over amortized value and
stocks over market value 39687477
Total not admitted assets g95 jg9 so
Total admitted assets 4329496350
Liabilities
Net amount of unpaid losses and annuity to mature policv
contracts 17115837Insurance Department of Georgia
319
Reserves to mature policy contracts JlnolsJc
Dividends to policyholders declared payable during 1921 116932616
Salaries and miscellaneous accounts due or accrued a9dbSl5
Taxes due or accrued Federal and State lddfUbM
Other Items
Premiums and interest prepaid SiSISjle
Dividends left with company at interest oiXiJo no
Reserve for deferred distribution policies lbbObddUJ
Total amount of liabilities except capital 4181966452
Surplus over all liabilities ooooo
Surplus protection to policyholders 147529898
Total liabilities 4329496350
Business in Force Life Insurance Companies
Ordinary
In force December 31st 191917309235600
Issued revived or increased during year US2115nn
gum 21773247400
Deduct ceased to be inforce during year 1375241800
In force December 31st 19201Sl
Total 20398005 b00
Business in Georgia
In force December 31stt 1919 4582 98800
Issued revived or increased 2142s7400
Sum 672556200
Deduct ceased eo be in force during the yearc 80485700
In force December 31st 1920 59200500
Total 592070500
Net losses paid during year 5592530
Xet losses incurred during year 6443350
Investments in Georgia
Bonds llVlllil
Mortgage loans iXXS2
Policy loans 28199369
Total investment in Georgia 147564469
THE FRANKLIN LIFE INSURANCE COMPANY
800 S 6th Street Springfield 111
George B Stadden President Will Taylor Secretary
Attorney for service in GeorgiaWilliam W Reid Atlanta Ga
Kinds of business done in GeorgiaLife
Amount of paidup capital 10000000
Ledger assets Dec 31 1918 1035782834
Extended at 1035782834
Income
Gross premiums on new business 120283217
Gross renewal premiums 229513003
Deduct amount paid for insurance and return
premiums 7491559
Total premiums 342304661
Interest and rents 57037762
Profits on sale or increase by adjustment of assets 15416
Other sources
Supplementary contracts 1699414
Dividends left with company 75478
Balances previously charged off 3249
1778141
Total income 1436918814
Carried forward 1436918814
Disbursements
Death claims endowment disability annuities and surrenders 114583264
Net amount paid policyholders for losses 73920320
Annual Report
Legal and administrative expenses in adjustment of claims
commissions and allowances to agents
a First year
b Renewal
11827603
73453980
11218054
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid Policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
846
222
49
70
153
72034
82095
99250
59784
49768
8200
Supplementary contracts 434502 Stock dividend 500000
Surrended dividends 14769 Legal expense 81217 Medical
lSc insPections 10856704 real estate expense
Anthers SSSKS 22399Taanafees 954565
27004192
Total disbursements
Balance
287860110
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Collateral loans 25469833
Policy loans 2 434 Q1 19
11443255
Premium notes
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance due 8 217 00
Deferred and uncollected premiums 232969 87
1149058704
24000000
704383600
110136232
142453
21234379
8789820
280372220
1149058704
29322294
191953
24118687
Total assets
Agents balances
Total not admitted assets
Total admitted assets
Deduct Assets Not Admitted
9063619
1202691638
9063619
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding in
Dividends to policyholders declared but unpaid 10
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Capital actually paid in cash YTHBnnnnS
Surplus over all liabilities I 98ol9s24
1193628019
17247736
39983900
19655117
3230219
5491223
Surplus protection to policyholders
Total liabilities
109819824
1193628019
Business in Force Life Insurance Companies
In force December 31 1919 Ordinary
Issued revived or increased during year 921928400
Sum I 4262086300
Deduct ceased to be in forceduring vear 13473014700
In force December 31st 1920 1397607500
12075407200
Business in Georgia
In force December 31st 1919
Issued revived or increased 453393600
279331900Insurance Department of Georgia
321
Oil HI iy qoiy ock no
Deduct ceased to be in force during the year IZZ 947446flO
In force December 31st 1920 c 97qJn
Net losses paid during year 54fi55R7
Iet losses incurred during year sgy
GEORGE WASHINGTON LITE INSURANCE COMPANY
Capitol Street Charleston W Va
Harrison B Smith President Ernest C Milair VicePres Sec
Attorney for service in GeorgiaT A Coleman Macon Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 250 000 00
Ledger assets Dec 31 1919 l946Uo2ioO
Extended at 194640200
Income
Gross premiums on new business S 123 281 3
Gross renewal premiums JjJ
Deduct amount paid for insurance and return
premiums 2206455
Total premiums c1127 71
Interests and rents iTis q
Pas on sale r increase by adjustment of assets 91675
Other sources yioit
Discount on mortgage loans i con r
Div reinsurance 2152575
Discount on collateral loansZ i nonno
Suspense VlVii
Rev war tax ZZZZZZSSSZl 21495
ir M S B 940 04
Supp contracts o J J
Div at interest l1 1S9S
Agents balance charged offZ 28737
2624433
Total income
Carried forward 259952275
Disbursements
Net amount paid policyholders for losses 77 fi9 n7
Commissions and allowances to agents 762507
a First year
b Renewal I 121b84
0 Kenewal 1650950
Salaries of officers and employes HrKiH1
Rents and interest 4b39267
Advertising printing postage telegrams etcII iJi2JS
Paid policyholders for dividends tilA3
Other items 856424
Annuities
Surr values fint
Supp contracts S5H
Stockholders dividend 2
B O and agency expensesZ 177234
Medical inspection 1273074
Legal expenses 1 onisk
Furniture etc IivHl
R E repairs pkop
Tax license etc s qq
Miscellaneous items 4044 804747
14035072
Total disbursements 1 38221347
Balance TT21780928
Ledger Assets
Book value of real estate
Mortgage loans first lein naHH2322
Annual Report
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Policy loans
Premium notes
Bills Rec
29396536
28163244
4279443
441573
Total ledger assets as per balance No 23 t
NonLedger Assets
Interest due and accrued
Other items
Uncollected and deferred premiums net
Reserve on presidents policy
Supplies stationery printed matter
Furniture fixtures
4580236
26300
845491
S 91611
33078293
1375000
10000
4520957
2222516
1788067
62280796
221730928
2858740
6342638
Total assets 230933306
Deduct Assets Not Admitted
Agents balances 1
Bills receivable
Other items
Supplies stationery and printed matter
Furniture and fixtures
2118190
441573
845491
891611
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
4296865
226636441
Reserve or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Taxes due or accrued set aside for 1921
Other items
Supp contracts
Disability
Dividends at interest
Fremiums In advance
Interest in advance
Dividends to policyholders
Dividends to Stockholders
Suspense
C W A
P H S B
Security fluctuation
950769
9800858
76274
500000
334838
65498
121575
144918
1322358
1000000
1500000
1701 t
27536
98546
676227
5308510
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
25000000
5000000
196636441
30000000
Surplus protection to policyholders
Total liabilities 226636441
Business in Force Life Insurance Companies
Ordinary
In force December 31 1919 1372522466
Issued revived or increased during year 433296319
Sum 18058187S5
Deduct ceased to be in force during year 198637700
In force December 31st 1920 16071S10S5
Business in Georgia
In force December 31st 1919 221789500
Issued revived or increased 49130400
Sum 270919900Insurance Department of Georgia
323
Deduct ceased to be in force during the year 322 471 fin
In force December 31st 1920 2 38672800
Xet losses paid during year JI I5s26 85
Net losses incurred during year 15540 12

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA
50 Union Square New York N Y
Fred A Goecke and R C Neuendorffer Secretaries
Carl Heye President
Amount of paidup capital
Ledger assets Dec 31 1919
20000000
5743445627
Extended at
Income
Gross premiums on new business 1 7i 740 gg
Gross renewal premiums 7oil82534
Deduct amount paid for reinsurance and return
5743445627
premiums
9824072
Total premiums
Interest and rents ocui
Profits on sale or increase by adjustment of assets 1956746
C0522773
Total income
Carried forward
1209862242
6953307869
Disbursements
Net Amount paid policyholders for losses and en
dowments
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 7iQaci 1 a
b Renewal JZZZZZZZI fflfflfl
Salaries of officers and employes 1oofoJ
382607875
75862
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends1
Loss on sale and decrease by adjustment of assets
Total disbursements
Balance
32132567
5952000
13724556
111420639
24031589
248173456
924579852
3 6028728017
Ledger Assets
Book value of real estate ooin
Mortgage loans first lien nivtVJ
Bonds at book value iAl9J5s5
Stocks at book value 1984720237
Cash in office 2070000
Deposits at interest 90gll95
Deposits not at interest cnol6
Agents balances net iiS2
Other items 3245826
Loans to Companys policyholders g 980 271 g5
l0095883
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items 74267919
Net amount of uncollected and deferred pdemiums 161727977
Total assets
Deduct Assets Not Admitted
7688944
6028728017
6264723913
Agents balances324
Annual Report
S5822
Other items
Suspense account
Book value of bonds and stocks over market Ono
value1 i84934033
Total not admitted assets r 192908799
Total admitted assetes 6072015114
Liabilities
Net amount of unpaid losses and claims 111503157
Reserves or unearned premiums on risks outstanding 5251990900
Dividends to policyholders declared but unpaid 345538794
Salaries and miscellaneous accounts due or accrued 21782925
183247957
Total amount of liabilities except capital 5914063733
Capital actually paid in cash 20000000
Surplus over all liabilities 137951381
Surplus protection to policyholders 157951381
Total liabilities 6072015114
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the year
In force December 31st 1920
Ne1 losses paid during year
Net losses incurred during year
Investments in Georgia
Bonds 11987700
Policy loans 13810800
Total investments in Georgia 25798500
Ordinary
322440000
141650000
464090000
39801000
424289000
3276343
3776343
HOME LIFE INSURANCE COMPANY
256 Broadway New York N Y
William A Marshall President William S Gaylord Secretary
Attorney for service in GeorgiaC C McGehee Jr Atlanta Ga
Kinds of business done in GeorgiaLife
Ledger assets Dec 31 1919 3777433817
Extended at 3777433S17
Income
Gross premiums on new business 708344977
Deduct amount paid for insurance and return
premiums 38898801
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Consideration for supplementary contracts
Dividends left with the Company to accumulate at interest
Reserves on policies reinsured deposited with the Company
New York State income tax withheld by the Company
669446176
194961295
1874054
17019000
4351360
4110955
61436
Total income 891824276
Carried forward 4669258093
Disbursements
Net amount paid policyholders for losses 164268850
Legal and administrative expenses in adiustment of claims 53765
Commissions and allowances to agents
a First year 58383466Insurance Department of Georgia
325
b Renewal
34474616
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assetsI
Other items
Matured endowments annuities and supplementary contracts
Surrender values
Repairs and expenses on real estate
Taxes licenses and fees
All other disbursements
92858082
30548877
3800000
5747091
64322640
8868457
116659871
84978156
6566808
16552198
34324942
Total
disbursements 629549737
Balance 40397083
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Loans to policyholders
Premium notes on policies in force
Premiums reported to War Risk Insurance Bureau
150000000
759280500
2285328100
128552371
243546
2763470
2412090
299396
605902527
80040122
15534
Total ledger assets as
per balance No 23
NonLedger Assets
4039708356
Interest and rent due and accrued
Other items
Net amount of uncollected and deferred premiums
Due from other Companies for losses reinsured
34623079
82312515
500000
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Premium notes in excess of net value of policies
Book value of bonds and stocks over market
value 107388871
Total not admitted assets
4157143950
352075
2852174
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders due and declared but unpaid
Salaries and miscellaneous accounts due or accrued
Present value of amounts not yet due on supplementary con
tracts
Other items
Dividends left with the Company at interest
Premiums paid in advance
Unearned interest and rent paid in advance
Estimated amount hereafter payable for taxes
All other liabilities i
110593120
4046550830
24471142
3810407300
54146551
1470964
34666700
24513345
2917162
19981297
9000000
200636
Total amount of liabilities except capitalJ3981775097
Surplus over all liabilities 64775733
64775733
Surplus protection to policyholders
Total liabilities 4046550830
Business in Force
Ordinary
In force December 31 1919 185755819 00326
Annual Report
Issued revived or increased during year 22S70695200
Sum rr7 1622385200
Deduct ceased to be in force during year 21248310000
In force December 31st 1920 21248310000
Total
Investments in Georgia ordinary
1Q1Q 183950100
In force December 31st 1919 26101500
Issued revived or increased 210051600
EXctcerSertobiTnYo7ceduVingtheyear ijetslOO
In force December 31st 1920 196532700
Total 1231010
Net losses paid during year 1452010
Net losses incurred during year
Investments in Georgia
Mortgage loans 160 25600
Policy and premiums loans
28090600
Total investments m Georgia
ILLINOIS LIFE INSURANCE COMPANY
10 South LaSalle Street Chicago 111
w ctmMii President Oswald J Arnold Secretary
James President Georgiaw Q Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital ibIbmJoIiS
Leder assets Dec 31 1919
Increase of paidup capital during year 50000000
1615524013
Extended at
Income
Gross premiums on new business 273o59650
Gross renewal premiums 2730i9bo
Deduct amount paid for insurance and return
premiums
9970996
Total premiums
PTOflteStonalerotaoras7
Other sources
Supplementary contracts
Dividends to accumulate
363980150
90575733
418000
4244586
262983
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses and surrenders
Lealand ldmSStrteexpensesrnadJustment of claims
Commissions and allowances to agents
a First year 20601265
b Renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policvholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes
Medical examiners fees
Dividends
Sundry
2075005465
2075005465
140688099
313511
84323189
28132188
3012186
7069385
6485355
1917518
4877765
7991747
59500000
11382636
Total disbursements
Balance
t 355693579
1719311SInsurance Department of Georgia
327
Book value of real estate g82 ooo 00
Mortgage loans first lien 5048665 90
Bonds at book value 383oo2298
Stocks at book valueII 334L93499
Cash in office 2202821
Deposits at interest 187 7g2 go
Agents balances net 181182 13
Other items
Loans to policyholders 177699983
Collateral loans 192258200
Total ledger assets as per balance No 23 1719311886
NonLedger Assets
Interest due and accrued 173 794 13
Market value of assets over book value 103905 2
Other items 156019
Uncollected and deferred premiums 405902 78
Total assets 1789232291
Deduct Assets Not Admitted
Agents balances 195 718 90
Excess 2787869
Other items
Overdue interest 2885284
Total not admitted assets 2524504
Total admitted assets 1 763987248
Liabilities
Net amount of unpaid losses and claims 42 048 20
Reserves or unearned premiums on risks outstanding 14 763 575 00
Dividends to policyholders and funds contingently apportioned 1288J64 64
Salaries and miscellaneous accounts due or accrued 142108 95
Taxes due or accrued 27261 58
Other items
Present value supplementary contracts 8619986
Total amount of liabilities except capital 16 349 358 23
Capital actually paid in cash 100000000
Surplus over all liabilities 29051425
Surplus protection to policyholders 129051425
Total liabilities 1763987248
Business in Force
Ordinary
In force December 31 1919 107042084 82
Issued revived or increased during year 34052374 22
Sum 141o94459o4
Deduct ceased to be in force during year 12512082 77
In force December 31st 1920 12858237627
Business in Georgia
Ordinarv
In force December 31st 1919 4455088 00
Issued revived or increased 1456157 00
Sum 59H24500
Deduct ceased to be in force during the year 835 606 00
In force December 31st 1920 507f639oo
Net losses paid during year 6 118900
Net losses incurred during year 526 tsoo
INDIANA NATIONAL LIFE INSURANCE COMPANY
316 North Meridian Street Indianapolis Ind
C D Remik President E E Deienderker Secretary
Attorney for service in GeorgiaH H Turner Atlanta Ga
Kinds of Business done in GeorgiaLife Insurance
Amount of paidup capital 21000000328
Annual Report
Ledger assets Dec 31 1918 188882824
Kxtended at 188882824
Income
Gross premiums on new business 11055625
Gross renewal premiums 38828235
Deduct amount paid for insurance and return
premiums 1557454
Total premiums 48326406
Interest and rents 9951976
Profits on sale or increase by adjustment of assets 1480506
Other sources
Anchor Life 700000
Debentures charged off 5000
Premiums paid with application 4704
Supplementary contracts 389900
Survivorship liens 12500
Dividends left 849757
Borrowed money 5250000
7211861
Total income 66970749
Carried forward 255853573
Disbursements
Net amount paid policyholders for losses 11065335
Commissions and allowances to agents
a First year 7981665
b Renewal 1178143
9159808
Salaries of officers and employes 3508250
Rents and interest 525340
Advertising printing postage telegrams etc 817034
Paid policyholders for dividends 2916237
Other items
Premium notes voided 71385
Surrender values 2339972
Supplementary contracts 22500
Special renewal com contract 1012335
Agency supervision 197946
Branch office expenses 94575
Medical examinations fees and inspections 1179907
Miscellaneous traveling expense 178585
Real estate expense 943743
Tax on real estate 531642
Premium tax 216008
Department fees S7200
Federal tax 315282
Other fees and taxes 74444
American State Bank 22500
Debentures returned 10000
Actuarial services 300000
Checks returned 8256
Colfax fire 48175
Investment expense 61318
Miscellaneous expenses 232481
War premiums refunded 25833
Stock notes charged off 25000
Agents balances charged off 341178
Borrowed money 5250000
Outstanding checks charged off 120
13590385
Total disbursements 41582389
Balance 214271184
Ledger Assets
Book value of real estate 37350000
Mortgage loans first liens 96892200
Bonds at book value 13458900Insurance Department of Georgia
329
Cash in office M7n
Deposits at interest 1307212
Deposits not at interest WfiisiM
Agents balances net I9nn9cj
Other items 1200265
Collateral loans 5100000
Policy loans 38156185
Premium notes 3772146
Bills receivable 4 18g 94
American Service Bureau 200 00
Furniture and fixtures 10 896 40
Judgment vs Aetna Insurance Company 11463 25
Liberal Life 5 41223
Contracts for sale of real estate 10750ooO
60994413
Total ledger assets as per balance No 23 214271184
NonLedger Assets
Interest due and accrued 29 491 62
Market value of assets over book value 770000
Other items
Net deferred premiums 3649861
Total assets 221640207
Deduct Assets Not Admitted
Agents balances 1531096
Bills receivable 4 igg 94
Other items
Furniture and fixtures 10 896 40
Excess 241859
Deposits in insolvent banks 225000
Total not admitted assets 3506489
Total admitted assets 2181 337 18
Liabilities
Net amount of unpaid losses and claims nnft nn
Reserves or unearned premiums on risks outstanding 1 S7V43RR4
Dividends to policyholders declared but unpaid isor R7
Salaries and miscellaneous accounts due or accrued 17979
Taxes due or accrued iXnZnli
Other items 600000
Supplementary contracts 3 374 0o
Unearned interest 3819 50
Commissions due agents 97717
Anchor Life ZI 1073863
1920930
Total amount of liabilities except capital 1 qn 919
Capital actually paid in cash 210 00000 106
Surplus over all liabilities 19J24 45
Surplus protection to policyholders 229 124 45
Total liabilities 218133718
Business in Force
In force December 31 1919 PtHTs on
Issued revived or increased during year 4l33 81500
18 288 11 nn
Deduct ceased to be in force during year iiiniinn
In force December 31st 1920ZZZ1TZT 16 556679 00
Business in Georgia
In force December 31st 1919 rtjrMM
issued revived or increased ZZZZZZZZZZZZZZZZ 36500 00
oum f22 Oflfl Oft
Deduct ceased to be in force during the vear 39oonnn
In force December 31st 1920 49oooooo
330
Amvwal Report
Investments in Georgia
Mortgage loans
Total investments in Georgia
3190000
3190009
INTERNATIONAL LIFE INSURANCE COMPANY
722 Chestnut Street St Louis Mo
Maaov Wilson President W F Grantges Secretary
Attornev Vo srWce fn GeorgiaH W Campbell 901 Flat Iron Building
Atlanta Ga
Kinds of business done in GeorgiaLife
Amount of paid up capital i99Xq2si
Ledger assets December 31 1919 12H298281
t 1271298281
Extended at
Income
Gross premiums on new business HSHtH
Gross renewal premiums gaoo
Total premiums
Interest and rents rrLVTtli
Profits on sale or increase by adjustment of assets
Other sources
Dividends left with Company at interest
Consideration for supplementary contracts
Advanced and partial paymentsassets prev
iously charged off
Borrowed money
19938409
590703
618353
27500000
423679900
81289200
365526
48647465
Total income
Carried forward
553982091
1825280372
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents 93780640
b bSMT r 15299689
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
raid policvholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
66648583
367758
109080329
19055856
1663416
4730750
34346383
707664
120649379
Total disbursements
357250118
Balance
1468030254
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans 9 qi8 145 41
Loans made to policyholders zaii44i
117042333
780380908
113315203
1232890
51245541
6153192
9744240
388915947
Total ledger assets as per balance No 23 1468030254
NonLedger Assets
Interest due and accrued 36216030Insurance Department of Georgia
331

Other items
Due from other Companies for losses re
insured
Uncollected and deferred
Empire Life Insurance
advance
premiums
liens and
rent paid in
3000000
22197368
32178592
57375960
Total assets 1561622244
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Book value of real estate over market
Book value of real estate over market
Book value of other assets over market
Total not admitted assets
11858389
1676821
9431263
22966473

Total admitted assets 1538655771
Liabilities
Net amount of unpaid losses and claims 9003903
Reserves or unearned premiums on risks outstanding 1267424881
Dividends to policyholders declared but unpaid 100917782
Salaries and miscellaneous accounts due or accrued 30575686
Taxes due or accrued 14086672
Other items
Depreciation and contingent reserve 18758504
Employees insurance advance suspense etc 1075429
Interest on real estate incumbrance 366667
Reinsurance premiums due other companies 2744347
22944947
Total amount of liabilities except capital 1444953871
Capital actually paid in cash 52500000
Surplus over all liabilities 41201900
Surplus protection to policyholders
93701900
Total liabilities 1538655771
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 10044005700
Issued revived or increased during year 4464402800
Sum 14508408500
Deduct ceased to be in force during year 1445601000
In force December 31st 192013062807500
Business in Georgia
In force December 31st 1919 571257200
Issued revived or increased 100558300
Sum 671815500
Deduct ceased to be in force during year 97210600
In force December 31st 1920 574604900
Net losses paid during year 4705131
Net losses incurred during year 5097631
INTERSOTJTHERN LIFE INSURANCE COMPANY
InterSouthern Building Louisville Ky
James R Duffin President John F Holland Asst Secretary
Attorney for service in GeorgiaW C Willis Macon Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 71226410
Ledger assets Dec 31 1919 542589522
Decrease of paidup capital during year 1032573
Extended at 541556949
Income
Gross premiums on new business 57568310MM
332
Annual Report
Gross renewal premiums 118717938
Deduct amount paid for insurance and return
premiums 2d8519
Total premiums Heo
Interest and rents VUea
Profits on sale or increase by adjustment of assets inao
Other sources
Premium paid in advance and item subject
to return 346973
Consideration for supplementary contracts
not involving life contract 1008500
Dividends from bank balances previously
charged off 22
Miscellaneous profit and loss4457Z5 2 215 og
Total income 212084779
Carried forward 753641728
Disbursements
Xet amount paid policyholders for losses 5815coc
Legal and administrative expenses in adjustment of claims 4I45Zb
Commissions and allowances to agents
a First year 43431839
b Renewal i 64191597
o wobto 49923436
Salaries of officers and employes 1oqq977
Rents and interest
Advertising printing postage telegrams etc d75jSUS
Paid Policyholders for dividends Sieo
Loss on sale and decrease by adjustment of assets 74482
Pd for claims on sup cont N I L C 1891600
Pd stockholders Div JS
Agcy supervision and trav exp IS94188
Branch office expenses etc 250424
Medical examinations and inspections 4838301
Legal expenses 76120
Furniture and fixtures 918727
Rep and Exp real estate 6485051
Licenses taxes and fees 3990074
Refund contribution directors 9790000
Advisory Bd Conts 13260
Ins state compensation 38667
Special contracts 1089507
H O Traveling expenses 341899
General expenses 520239
Actuarial expenses 135000
Fla life consol Exp 295968
Convention Exp 701901
Invest Exp 15180
Pep bank bonds 379634
33670915
Total disbursements I 161950205
Balance 591691523
Ledger Assets
Book value of real estate 155077206
Mortgage loans first lien 112211521
Bonds at book value 34251050
Stocks at book value 7018645
Cash in office 1036355
Deposits at interest 64460792
Deposits not at interest 23491441
Agents balances net 5218354
Other items
Loans on collateral 9718147
Loans on policies assigned as collateral 161749378
Premium notes 5325390
Bills Receivable 150072
Bankers Realty Co 3009229Insurance Department of Georgia
333
Fidelity and Columbia Tr Co and Citizens
Union National
Receiver Central Life Insurance Co
Receiver Fla Life Insurance Co
1446696
28000
7499247
188936159
Total ledger assets as per balance No 23 591691523
NonLedger Assets
Interest due and accrued and rents
Market value of assets over book value
Other items
Reinsurance due from other companies
Net uncollected and deferred premiums
Postage and revenue
Unearned insurance
Cash on hand in salary account
7744153
526355
1250000
14951180
25039
627480
12471
16866170
Total assets
616828201
Deduct Assets Not Admitted
unsecured
Agents balances
Bills receivable
Other items
Loan in excess of collateral
Book over market value stock and bonds Jl
Prem notes etc in excess of values
Total not admitted assets
Total admitted assets
1641179
128406
106685
245000
400000
2521270
t 614306931
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to stockholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Prem paid in advance and items subject to
return
Unearned interest
Coupon liability and persistency fund
Accrued interest in real estate incumbrances
109i4136
3084177
18155821
878150
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
71226410
8777776
Surplus protection to policyholders
2704253
506435845
248438
901925
800000
23212284
534302745
80004186
Total liabilities
Business in Force Life Insurance Companies
In force December 31 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year LI
In force December 31st 1920
Total
614306931
Business in Georgia
In force December 31st 1919
Issued revived or increased I
Sum
Deduct ceased to be in force during the year
In force December 31st 1920
Total
Net losses paid during year Z
Net losses incurred during year
Ordinary
4556985100
1980512100
6537497200
747370100
5790127100
5790127100
478528600
223603200
702131800
99900200
602231600
602231600
5384490
5584490334
Annual Report
INTERSTATE LIFE AND ACCIDENT CO
210218 Volunteer State Life Bids Chattanooga Tenn
J R Barnes HW aone in GeorlaAccident Health and Life
Amount of paidup capital lqnqnsi
Ledger assets Dec 31 1919 2fSftnftnn
Decrease of paidup capital during year 5UUUu
Extended at 24029081
Income
Gross premiums on new business IHli
Gross renewal premiums isi
Deduct amount paid for insurance and return
premiums noi S070B
Accident and health and plate glass 681it w 3b
m j 74220466
Total premiums 14 514 65
Interest and rents
Other sources
Agents balances previously charged off sale franchise busi
ness Miscellaneous income Deduction of capital stock tS4ioso
Total income 31013517
Carried forward 105042598
Disbursements
Net amount paid policyholders for losses 30727
Legal and administrative expenses in adjustment of claims 6Hti
Commissions and allowances to agents
a First year ioro
b Renewal lsioss
c Accident health and plate glass Zn426 29
Salaries of officers and employes 2 291 65
Rents and interest ififi89oo
Advertising printing postage telegrams etc lbosuu
Otlir items
Sale plateglass business Medical fees Taxes Miscellaneous
expenses
Total disbursements 75407592
29635006
Balance T
Ledger Assets
Book value of real estate 16294500
Mortgage loans first lle s krt 1
Bonds at book value 305624
Cash in office 1s4204
Deposits at interest i81230
Deposits not at interest 1O61V47
Agents balances net iuoiaii
Other items 971 9c
Loans secured by collateral oi nn
War savings stamps J
Casualty premiums in course of collection J
Furniture and fixtures oaioKfi
Premium notes Kvonnn
Stock notes qosfi
Suspense itemsaa 16 57136
Total ledger assets as per balance No 23 29635006
NonLedger Assets
Interest due and accrued 472769
Other items oron
Net amount of uncollected premiums 901u
t 31066282
Total assets
Deduct Assets Not Admitted
Agents balances 1llql
Furniture and fixtures S1MInsurance Department of Georgia
335
Other items
Collateral loans 271 25
Book value of bonds over marketIi r 1 760 00
Premium notes and uncollected premiums in
excess of reserve hl 487 92
Suspense items 9986
Total not admitted assets
Total admitted assets L
Liabilities
Net amount of unpaid losses and claims
Reserve or unearned premiums on risks outstanding
Net present value outstanding businessLli1
Salaries and miscellaneous aeccfunts due or accrued
Taxes estimated amount due hereafterii
Other items
Premiums paid in advance
Reserve for disability in life policies
Present value of totally disabled lives
Commissions on prem in course of collection
and prem notes
Medical fees and inspections
Reinsurance premiums due and unpaid
1127613
45050
152203
56646
22100
i 6409

Total amount of liabilities except capitaliai
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
15000000
3241880
Total liabilities
Business in Force Life Insurant
In force December 31 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Total i
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the year
In force December 31st 1920
Total
Net losses paid during year
Net losses incurred during year
e Companies
Ordinary
150686000
135169200
285805200
93946100
191859100
191859190
i 1446700
13037500
14484200
2925000
11559200
11559200
1888503
29177779
903324
820551
7033549
119683
648771
1410021
10935899
18241880
29177779
Industrial
263213600
252891200
516104800
214502600
301602200
301602200
9509200
30885800
40395000
25005300
15389700
15389700
52049
58424
Accident and health
Weekly
Plate glass
Totals
Business in Georgia During 1920
Gross Premiums
less ReturnPre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
6256438
17915884
348963
8401285
Investments in Georgia
Real estate iu
Mortgage loansijjidi
Total investents in Georgia 4lja
565776
2114407
87485600
276053
3831092
35700
15000
2650700
336
Annual Report
JEFFERSON STANDARD LIFE INSURANCE COMPANY
Dixie Building Greensboro N C
Julian Price President W T ODonohue Secretary
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital Rn
Ledger assets Dec 31 1918 H23846207
1123846207
Extended at
Income
Gross premiums on new business IlliiV
Gross renewal premiums 5iaoiM
Deduct amount paid for insurance and return
premiums 917778
516166556
Total premiums 66013194
Interest and rents v roo 07
Profits on sale or increase by adjustment of assets 14OM
Other sources 1 71
Supplementary contracts sqako
Dividends left to accumulate
Federal tax refunded Jnnnn
Traveling expense advanced fi son n
Agents balances previously charged oft bsuuu 45 727 90
588205837
Total income T
a 1712052044
Carried forward
Disbursements
Net amount paid policyholders for losses rf 977035oO
Legal and administrative expenses in adjustment of claims iuu
Commissions and allowances to agents g7
a First year c7f77fin
b Renewal157U77b 138048030
Salaries of officers and employes 1i733o3
Rents and interest TianiiR
Advertising rintinsr postage telegrams etc i
Raid policyholders for dividends 1
Otlier items iionnTia
Surrender values ieVoi
Suonlementary contracts rnnnnnn
Dividends to stockholders 1 Jinan el
Medical and inspection fees ocJrr
Taxes rwtjj5uo
All other items 27498493 73239061
Total disbursements 362968036
1349084008
Balance
Ledger Assets
Book value of real estate 1 HR7i
Mortgage loans first lien 1 042moIb
Bonds at book value iKs2asn
Slocks at book value 30W46
Cash in office q cc
Deposits at interest ZoaiIVrr
Deposits not at interest aajn
Agents balances fnet sissiius
Other items
Collateral loans
U S new diff premiums 0J
Policy loans SHM
Premium loans and liens 4toioa
Total ledger assets as per balance No 23 1349084008Insurance Department of Georgia
337
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Reinsurance due from other Companies
Uncollected and deferred premiums net
Extension notes net
5000000
33014397
62367957
19056740
75000
67367957
Total assets
1435583705
Deduct Assets Not Admitted
Agents balances
Other items
Excess loans
Book value of ledger assets over market
value
Total not admitted assets
11540496
567093
631395
12738984
Total
Emitted
assets 1422844721
Liabilities
Net amount of unpaid losses and claimsrzr 19
Reserves or unearned premiums on risks outstanding is
Dividends to policvholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items 9R
Interest and rents paid in advance
Dividend funds
Assessment annuity fund
Special contract fund
20162630
16348992
2736120
3160113
3553729
43301963
512700
118883137
Total amount of liabilities except capital 1364844721
Capital actually paid in cash
Surplus over all liabilities 23000000
Surplus protection to policyholders 58000000
Total
liabilities 1422844721
Business in force
Ordinary
In force December 31 1919 ffiKol 07on
Issued revived or increased during yearigslgoMuioO
beucfeisedtobeTnYorce during yeariKf973nO
In force December 31st 1920 1632702300
Business in Georgia
In force December 31st 1919 IIOO
Issued revived or increased JiSfSXXX
Sum
1124542000
Deduct ceased to beln force during the year inivieiiSnnn
In force December 31st 1920 1001JAl
In
Net losses paid during year
Net losses incurred during year
Investments in Georgia
Real estate
Mortgage loans
Policy loans
6009780
7064580
200760
41170000
29140675
Total investments in Georgia
70511435338
Animal Report
1IPE AND CASUALTY INSURANCE COMPANY OP TENNESSEE
Life and Casualty Building Nashville Tennessee
A M Burton President H B Polk Secretary
rr j Attorney for service in GeorgiaHarvey Hatcher Atlanta Ga
Kinds of business done in GeorgiaHealth and Accident Industrial Life
Ordinary Life
Amount of paidup capital 35000000
Ledger assets Dec 31 1919 98279648
Extended at 98279648
Income
Gross premiums on new business 263 105 33
Gross renewal premiums 481878o38
Total premiums r nsi o0c 7
Interest and rents Z 8049727
Profits on sale or increase by adjustment of assets 5oon
Other sources
Premium on sale of capital stock 9230 82
Agents licenses recovered 6634 11
Sundries 2433 25
Employes saving fund I 17457oO
3575518
Total income 519818816
Carried forward 618098464
Disbursements
Net amount paid policyholders for losses i 995 253 01
Commissions and allowances to agents Industrial 2n 6oi 84S
a First year Ordinary 62TbT9 Zllb01842
b Renewal 3 34 77
Salaries of officers and employes 1 Inao
Rents and interest ro05391
Advertising printing postage telegrams etc QjvSiiii
Paid policyholders for return premiums 7127 84
Loss on sale and decrease by adjustment of assets inu5
Other items ouaoio
Dividends to stockholders 711 nnn nn
Traveling expense HIII 94 929 94
Medical examinations etc 28145 32
Legal expense 46013
Furniture 21614 03
Real estate expense 18415 91
Txe 12347336
Miscellaneous 26 913 26
38495125
Total disbursements J 4 841 881 97
Balance 133910267
Ledger Assets
Book value of real estate
Mortgage loans first lien K7ion2
Bonds at book value I71 InnS
Cash in office Hi sq
Deposits at interest Qn nnnnn
Deposits not at interest S222
Agents balances net SS
Other items MiZZO
Premium notes Rao ng
Collateral loans IL 5 47316
Bills receivable 3501 98
Accounts receivable t97s in
U S War Saving StampsI gu
Automobile 52ooo
1709752
Total ledger assets as per balance No 23 1339102 67Insurance Department of Georgia
NonLedger Assets
Interest due and accrued
Other items
Due and deferred premiums
Unexpired value Are insurance premiums
Bills receivable
3768801
380630
7i593735
339
969081
11743166
Total assets
146622514
Deduct Assets Not Admitted
Agents balances
Bills receivable and accrued interest
Other items
Accounts receivable
Due and deferred premiums
Book value of bonds over market value
Total not admitted assets
Total admitted assets
318981
7950322
527830
1000000
269227
10086360
136536154
Liabilities
Vet amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries or miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Premiums paid in advance
Contingent reserve
Employes saving fund and interest
8250416
20000000
1753259
1321425
54731636
4798024
6400291
30003675
979 550 51
Total amount of liabilities except capital
Capital actually paid in cash 42811 03
Surplus over all liabilities 4Z811
Surplus protection to policyholders
Total liabilities
39281103
136536154
Business in force
Ordinary
In force Decembre 31 1919 dqqssoouO
Issued revived or increased during year fjOO
DeTuct TeVaVd tobrinforoedurinFyi lio3Booo
Tn force December 31st 1920 629335000
Business in Georgia
In force December 31st 1919
Issued revived or increased
r7emucrciaiedtobeinTorce during the year
In force December 31st 1920
Net losses paid during year
Net losses incurred during year
Business in Georgia
Ordinary
19400000
36250000
55650000
14750000
40900000
204120
204120
Industrial
2665770950
4433599800
7099370750
3106511300
3992859450
Industrial
216856100
576139500
792995600
446847800
346147800
19284626
19270226
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Accident
Ordinary
Heal tli
Life
and
Written or Re
newed during
the Tear
Life Industrial 422ffl
100o334
Paid
19284626
204120
Totals
41986991 19488746
Investments in Georgia
Mortgage loans
Total investments in Georgia
2450000
2450000MO
Annual Report
LIFE INSURANCE COMPANY OP VIRGINIA
Capital and 10th Streets Richmond Va
John G Walker President A Carlton MeKenney Secretary
Attorney for service in GeorgiaJ C Howard Supt Atlanta Ga
Kinds of business done in GeorgiaLife
Amount of paidup capital 1 i 200 000 00
Ledger assets December 31 1919 2014435S 09
Increase of paidup capital during year 40oloo000
Extended at 2054435809
Income
Gross premiums on new business 714 915 17
Gross renewal premiums 328534 95
Deduct amount paid for insurance and return
premiums 32 296 41
Industrial premiums paid in cash 4Sl15S120
Total premiums g S24 734 91
Interest and rents l238763 93
Profits on sale or increase by adjustment of assets soto
Other sources
Consideration for supplementary contracts in
volving life contingencies 121 20
Consideration for supplementary contracts not
involving life contingencies 15 252 40
Unclaimed deposits on industrial applications l56o74
Federal taxes on insurance received 20136 80
Fees for partial release of propertv under mort
gages 100 00
Employes Liberty Bond account 191280
3908394
Total income 810565303
Carried forward 2865001112
Disbursements
Xet amount paid policyholders for losses 1 753 479 eo
Legal and administrative expenses in adjustment of claims 7372
Commissions and allowances to agents
Industrial 85131189
a First year Ordinary 34175000
b Renewal S380195
Salaries of officers and emploves r Ill
Rents and interest JSiIbsJ
Advertising printing postage telegrams etc Z 9R82das
Paid policyholders for dividends 289MM
Loss on sale and decrease by adjustment of assets 361462
Branch office expenses 1Q7
Other items 41969766
Other payments to policyholders 161 16 19
Stockholders dividends leiiezis
ofoi 16400000
Taxes 40000000
Mortgage Xo 1815 McCann charged off II uooooo
All other disbursements 218981 60
117474645
Total disbursements 520905912
TifllflTlf P
Stock dividend transferfedfromVu7plusto capitalaccoimt 2344095200
Ledger Assets
Book value of real estate R san 01
Mortgage loans first lien irkiSIIk
Bonds at book value XH22S2H
Stocks at book value K99Knn
Cash in office llS5S22
Deposits at interest smJSoInsurance Department of Georgia
341
Deposits not at interest
Other items
Loans on collateral
Loans on Companys policies
Premium notes
Premium lien notes
Bills receivable
648734
15150000
77745867
136159
420261
378017
93830304
Total ledger assets as per balance No 23 2344095200
NonLedger Assets
Interest due and accrued 39760030
Market value of assets over book value
Other items n
Net amount uncollected and deferred premiums 28533Z70
Premium extension notes 3670794
9198719
Total assets
32204064
2425258013
Deduct Assets Not Admitted
378017
Bills receivable
Other items
Premium notes policy loans and other assets a RR
in excess of net value etc inJJiSSi
Book value of bonds over market 0i8ZZ4
Total not admitted assets
Total admitted assets
10906957
2414351050
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premoums on risks outstanding
Dividends to policvholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Premiums interest and rents paid m advance
Unpaid dividends to stockholders
Amount set apart awaiting apportionment on
participating policies
Special contingency asset reserve
M other liabilities
13804913
2400000
22500000
22500000
13383877
9015347
2056678300
3769762
2295033
33998009
74588790
Total amount of liabilities except capital 2180345241
Capital actually paid in cash HSn nSsiK
Surplus over all liabilities 114005815
Surplus protection to policvholders 234005815
Total liabilities 2414351056
Business in force
Ordinary
In force December 31 1919 T lillVillll
Issued revived or increased during year
Deductceasedtobe in force during year 526894300
In force December 31st 1920 7457549000
Business in Georgia
Ordinary
In force December 31st 1919 590107700
issued revived orcreaa7VVVV 767o0
Deduct ceased to be in force during the year
Industrial
512242438100
2561042200
14803480300
1530857400
13272622900
85904400
toftSWDSSTmW81rt Tm0 79100
Net losses paid during year
Net losses incurred during year
5350000
5400000
Industrial
5 1060654100
319824300
1380478400
189344600
1101133800
10597609
10699199
542
Annual Report
Investments in Georgia
Bonds 4890000
Mortgage loans 354343173
Policy loans 7179312
Other items
Citizens and Southern Bank Atlanta Ga 287935
Total investments in Georgia 366700420
LINCOLN RESERVE LIFE INSURANCE COMPANY
Jefferson County Bank Building Birmingham Ala
J F Stallings President J R Burns Secretary
Attorney for service in GeorgiaE S Murphy Barnesville Ga
Kinds of business done in GeorgiaLife only
Amount of paidup capital 13677000
Ledger assets December 31 1919 56117886
Extended at 56016886
Income
Gross premiums on new business 14921304
Gross renewal premiums 31063871
Total premiums 45985175
Interest and rents 3303545
Profits on sale or increase by adjustment of assets 154276
Other sources
Cash with applications 48147
Miscellaneous 531
Borrowed money 5500000
5548678
Total income 54991674
Carried forward 111008560
Disbursements
Net amount paid policyholders for losses 9050579
Legal and administrative expenses in adjustment of claims 106066
Commissions and allowances to agents
a First year 8463824
b Renewal 21343OS
10598132
Salaries of officers and employes 4140114
Rents and interest 521521
Advertising printing postage telegrams etc 855009
Loss on sale and decrease by adjustment of assets 541482
Other items
Borrowed money 5895345
Premium notes and liens voided by lapse 1439774
Surrender values 1238152
Agency supervision 483751
Branch office expenses 36062
Medical examiners fees and insp or risks 2359740
Legal expense 13200
Furniture fixtures and safes 399861
Repairs and expenses on real estate 297004
Taxes on real estate 96626
State taxes on premiums 946041
Insurance department licenses and fees 163720
Federal taxes 388920
Miscellaneous licenses fees and taxes 151909
Agency meeting expense 38283
Stock subscription cancelled 6115
Office expense 431817
Traveling expense L93773
Commissions on real estate rents 13412
Investment expense 20033
Commissions on real estate sales 7250
Examination expense 160287Insurance Department of Georgia
343
Premium on capital repurchased
Cash with applications end previous year
Suspense
10000
146137
4992
Total disbursements
Balance
Ledger Assets
Book value of real estate
Mortgage loans
Bonds at book value
Cash in office and deposits at interest
Agents balances net
Other items
Collateral loans
Policy loans
Premium notes
Bills receivable
Accounts receivable
298458
4496076
4151811
168276
370318
23
Total ledger assets as per balance No
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Net due and deferred premiums
Furniture and fixtures
Stationery
3665946
800000
100000
Total assets
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Furniture fixtures and stationery
Loans on Company stock
Policy indebtedness in excess of value
Alabama Penny Savings Bank
Total not admitted assets
148111
40709
00000
05000
80210
74406
S
Liabilities
Total admitted assets
Net amount of unpaid losses and claims
Reeres or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items qqc 21
Interest and rents paid in advance 44100
Medical fees unpaid
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over allliabilities
13576000
3587163
Surplus protection to policyholders
Total liabilities

Business in force
9046859
40755107
70253453
10822542
20017046
25093148
3077224
1758554
9484939
70253453
1586472
3052340
4565946
79458211
4348436
75109775
2200000
54573546
233491
801754
137821
57946612
17163163
75109775
Ordinary
v 51 101a 1009443200
In force December 31 1919 oo99587 00
Issued revived or increased during year jJpjgoJ
DcfV toVelnforoeauring year iolis577oo
In force December 31st 1
920 1051857700fPW
344
Annual Report
Business in Georgia
In force December 31st 1919 Pfi7ftn
Issued revived or increased MH
Sum 222lbo00
Deduct ceased to be in forceTurinVThTvMr 22i221800
In force December 31st 1920 JOS20000
Net losses paid during year II IMH H
Net loses incurred during yearVSJLZZZZY SOIOOOO
Investments in Georgia
Policy loans400
Total investments in Georgia 4S4000
THE MANHATTAN LIFE INSURANCE COMPANY
64666870 Broadway New York N Y
inomas E Lovejoy President
Amount of paidup capital
Ledger assets Dec 31 1919JJ
Extended at
Melvin De Mott Secretary
10000000
1884641936
Income
Gross premiums on new business jor oa Rs
Gross renewal premiums Z jfSfsSil
mumsam0Unt PaM fr insurance andreturnTre ll52769268
221881
Total premiums
Interest and rents
OtherSsources r inCrease aUStnnTofassite
Consideration of Supplementary Contest not involv
mg life contingencies S
interest Wth the Companr to accumulate at
Deposits on Liberty Bond Agreement I
New York state income tax withheldII
Unclaimed checks redeposited
Miscellaneous
1884641936
201080355
106056307
2369340
1173090
34973
4617205
19074
35149
221881
Total income
6101372
Carried forward
315607374
2200249310
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents claims
a First year
b Renewal 1328254
renewal 8791062
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams eta
Paid policyholders for dividends
Loss on sale and decrease by adjustmentassets
Other items
Surrender values paid in cash or applied in liqui
dation of losses or notes 547 77ifi
Repairs and taxes on real estate skqkIusi
State taxes licenses and fees and federal taxes
Miscellaneous insurance and investment
Other disbursements
expenses
25953431
4343803
7067866
16190280
130435032
698776
30119316
13266463
1030466
42293 36
4492517
358300
108331096
Total disbursements
Balance
292961302
1907288008Insurance Department of Georgia
345
Ledger Assets
Book value of real estate a mr gS9 ac
Mortgage loans first lien 604796577III 6 0479M77
Bonds at book value1 fifllfi TOfiin
Stocks at book value i27iqlS
Cash in office iqn
Deposits at interest Knnaanev
Deposits not at interest UOdb0b7
Agents balances net i
Other items 2145049
Loans on policies assigned as collateral 3 743 521 06
Premium notes on policies in force 146 324 58
Loans secured by pledge of bonds or other collateral 240000
389224564
Total ledger assets as per balance No 23 1907288008
NonLedger Assets
Interest due and accrued o71 ao 91
Other items 37036321
Due from other companies for losses reinsured 23 089 00
et amount of uncollected and deferred premiums 16382287
Prepaid Fire Insurance premiums 893295
19584482
Total Assets 1963908811
Deduct Assets Not Admitted
Agents balances 2469681
Other items
Premium notes in excess of net value 4 843 10
Book value of bonds in default of interest and
stocks over market value 7604619
Total not admitted assets 10558610
Total admitted assets 1953350201
Liabilities
Net amount of unpaid losses and claims 103 109 76
Reserves or unearned premiums on risks outstanding 18 24032200
Dividends to policyholders declared but unpaid ZZ 27420 46
Salaries and miscellaneous accounts due or accrued 7s424
Taxes due or accrued SfiwQc
Other items 3b30496
Asset fluctuation and general contingency fund 150000 00
Amounts set apart provisionally ascertained and
calculated but not a liability in this company 20289695
Unearned interest and rents paid in advance 80 09525
Deposits Liberty Bond agreements 3584765
Miscellaneous other items 20720736
67604721
Total amount of liabilities except capital 19091 068 63
Capital actually paid in cash 10000000
Surplus over all liabilities 34243338
Surplus protection to policyholders 44243338
Total liabilities 1 1953350201
Business in Force Life Insurance Companies
In force December 31 1919 59 ggg 91700
Issued revived or increased during year IIZII 15144659oO
Sum 74 834 57600
Deduct ceased to be in force during year 527787400
In force December 31st 1920 I gggggjoo
Total 34538 policies
Business in Georgia
In force December 31st 1919 2 305 441 00
Issued revived or increased 288 07285
Sum 2 593513 85
Deduct ceased to be in force during the year 236056o0346
Annual Report
in force December 31st 1920 tjfffigjg
Net losses paid during year iaannnn
Net losses incurred during year ouuuu
Investments in Georgia
Mortgage loans JlinSnn
Policy loans estimated uftauouu
Total investments in Georgia 22205500
MICHIGAN MUTUAL LIFE INSURANCE COMPANY
105 W Jefferson Avenue Detroit Mich
J J Mooney President A F Moore Secretary
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 222
Ledger assets Dec 31 1919 139263 i a60
Extended at 1392637560
Income
Gross premiums on new business inlvo
Gross renewal premiums 191650461
Deduct amount paid for insurance and return
premluni 9182403
Total premiums 2r9oi5
Interest and rents foas
Other sources
From agents balances previously charged off 900
Consideration for supplementary contracts in
volving life contingencies 822161
Consideration for supplementary contracts not
involving life contingencies 2043940
2867001
Total income 312819507
Carried forward 1705457067
Disbursements
Net amount paid policyholders for losses 138370233
Legal and administrative expenses in adjustment of claims 1J54U
Commissions and allowances to agents
a First vear 30990189
b Renewal 19514797
Salaries of officers and employes 1ofSooI
Rents and interest Hf
Advertising printing postage telegrams etc 3051490
Paid policyholders for dividends 6955746
Other items
Paid for claims on supplementary contracts not
involving life contingencies 931412
Paid stockholders for dividends 4000000
Medical examination fees 5102742
Inspection of risks 1159531
Legal expenses 398083
Furniture and fixtures 339569
Taxes and repairs on real estate 398655
Taxes and fees 5583872
Invest subs miscel H O expense revenue
stamps 1273459
Agents balances charged off 118391
19305704
Total disbursements 235980339
Balance 146947672SInsurance Department of Georgia
347
8377980
10311396
36251200
1230700
14050980
202220
Ledger Assets
Book value of real estate5
Mortgage loans first lien 12
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Bills receivable 5085bo
Loans to policy holders on Cos policies 190939881
Premium notes on policies in force 7603805
199004404
Total ledger assets as per balance No 23 1469476728
NonLedger Assets
Interest due and accrued 22006380
Market value of assets over book value 1622020
Other items
Net amount uncollected and deferred premiums
19030586
Total assets 1512135714
Deduct Assets Not Admitted
Agents balances 206497
Bills receivable 508566
Other items
Premium notes policy loans and other policy
assets in excess of net value and of other
policy liabilities on individual policies 466358
1181421
Total not admitted assets
Total admitted assets 1510954293
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Present value installment claims 6790494
Present value disability benefits 779400
Unearned interest 2849421
Commissions due or accrued 1028781
6417189
1392137154
20377161
1442843
3420856
Capital actually paid in cash
Surplus over all liabilities
25000000
50710994
11448096
75710994
Surplus protection to policyholders
Total liabilities 1510954293
Business in Force Life Insurance Companies
In force December 31 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year
In fprce December 31st 1920
Total
Ordinary
7372123396
1865108540
9237231936
663464588
8573767348
8573767348
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the year
In force December 31st 1920
Total
Net losses paid during year
Net losses incurred during year
Investments in Georgia
Policy loans 8375672
Total investments in Georgia
173026530
57985978
231012508
12816381
218196127
218196127
3763888
3763888
8375672348
Annual Report
MARYLAND ASSURANCE CORPORATION
P O Box 48 40th Street and Cedar Avenue Baltimore Md
P Highland Burns President E A Hartman Jr Secretary
Attorney for service in GeorgiaW J Welsh Atlanta Ga
Kinds of business done in GeorgiaLife Accident and Health Insurance
Amount of paidup capital 50000000
Ledger assets for Dec 31 1919 185901381
Decrease of paidup capital during year 10000000
Extended at 175901381
Income
Gross premiums on new business 7994801
Gross renewal premiums 6883558
Total premiums 14878359
Interest and rents 6261434
Profits on sale or increase by adjustment of assets 157807
Other sources
From agents balances previously charged off 855
Accident and health department 17668558
17669413
Total income 38967013
Carried forward 214868394
Disbursements
Net amount paid policyholders for losses 1574300
Other payments to policyholders 80673
Legal and administrative expenses in adjustment of claims 500
Commissions and allowances to agents
a First year 3056359
b Renewal 375628
3431987
Salaries of officers and employes 3798225
Rents and interest 151879
Advertising printing postage telegrams etc 679330
Other items
Agency supervision 1434232
Branch office expense 438589
Fees for medical examinations and inspections 918793
Taxes fees and miscellaneous office expense 1683036
Reduction in surplus through redemption of stock 30000000
Accident and health department 96828936
131303586
Total disbursements 141020480
Balance 73847914
Ledger Assets
Bonds at book value 66080432
Cash in office 110443
Deposits at interest 7178267
Deposits not at interest 62145
Agents balance net 128040
Other items
Policy loans 4500
Accident and health department 284087
288587
Total ledger assets as per balance No 23 73847914
NonLedger Assets
Interest due and accrued 527452
other items
Net deferred and uncollected premiums 2595885
Accident and health department 40070
2635955
Total assets 77011321
Deduct Assets Not Admitted
Agents balances 128040Insurance Department of Georgia
349
Other items
Policy assets in excess of net value 28662
Accident and health department 27137
Total not admitted assets 183839
Total admitted assets 76827482
Liabilities
Net amount of unpaid losses and claims 650000
Reserves or unearned premiums on risks outstanding 13476402
Salaries and miscellaneous accounts due or accrued 367338
Taxes due or accrued 373870
Other items
Accident and health department 7038868
Total amount of liabilities except capital 21906478
Capital actually paid in cash 50000000
Surplus over all liabilities 4921004
Surplus protection to policyholders 54921004
Total liabilities 76827482
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 468608000
Issued revived and increased during year 378317700
Sum 846925700
Deduct ceased to be in force during year 90307700
In force December 31st 1920 756618000
Business in Georgia
In force December 31st 1919 4000000
Issued revived or increased 7142500
Sum 11142500
Deduct ceased to be in force during the year 1150000
In force December 31st 1920 9992500
Net losses incurred during year 250000
Premiums in Force Miscellaneous Companies
In force December 31st 1919 167579091
Written or renewed during year 146720612
Sum 314299703
Deduct ceased to be in force during year 314299703
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident I 1993589 883707
Health 1909266 1995323
Totals 3902855 2879030
MARYLAND LIFE INSURANCE COMPANY OF BALTIMORE
8 and 10 South Street Baltimore Md
Douglas H Rose President Chas G Smith Secretary
Attorney for service in GeorgiaHollins N Randolph Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 10000000
Ledger assets Dec 31st 1919 386440287
Extended at 386460287
Income
Gross premiums on new business 57871781
Deduct amount paid for insurance and return pre
miums 2164712
Total premiums r iJiJISJJMJi
Interest and rents 20SI5
Profits on sale and increase by adjustment of assets 24b407
Other sources
Policies of reinsurance surrendered 61800J50
Annual Report
Dividends accounts and interest
491523
Total income 463334484
Carried forward 463334484
Disbursements
Net amount paid policyholders for losses and endowments
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
First year
Renewal
5113027
2087018
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Cther items
Annuities
Premium notes voided by lapse
Surrender values
Dividends on stock
Traveling expenses
Medical examinations
Furniture
Repairs and expenses
Taxes
Library Bureau
Fire insurance premium account
Sundry expenses
23685343
82500
7200045
4550328
564000
541204
7802093
348743
675332
81818
6835215
700000
753470
1026300
3610
678333
2010218
364276
120486
225794
13474852
Total disbursements
58249108
Balance
405085376
Ledger Assets
Book value of real estate
Mortgage loans first lien 11600000
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Cther items
Deposit with Balto Equitable So 5
Open accounts judgment suspended accounts
Cash loans
Collaterial loans
Premium notes
40000
1399192
52300368
790000
2682480
23250000
11600000
295314497
14047437
436244
5244
2870132
349782
57212040
Total ledger assets as per balance No 23
NonLedger Assets
405085376
4188105
4803425
Interest due and accrued
Market value of assets over book value
Cther items
Net unreported and deferred premiums
Total assets 419301631
5224725
Deduct Assets Not Admitted
Agents balances 750355
Cther items
Premium notes in excess of net value of other policy
liabilities open accounts judgment suspended ac
counts 1429192
Total not admitted assets
Total admitted assets
2179547
417122084Insurance Department of Georgia
351
Liabilities
Net amount of unpaid losses and claims 3560828
Reserves or unearned premiums on risks outstanding 355996068
Dividends to policyholders due and declared but unpaid 4372746
Salaries and miscellaneous accounts due or accrued 587849
Taxes due or accrued 893956
Other items
Amount set apart to credit deferred dividend pol
icies 8154534
Special reserve for mortality fluctuation 5706800
Special reserve for security value depreciation 7540000
21401334
Total amount of liabilities except capital 386812781
Capital actually paid in cash 10000000
Surplus over all liabilities 20309303
Surplus protection to policyholders 30309303
Total liabilities 1 417122084
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 1616088700
Issued revived or increased during year 263940500
Sum 1 1880029200
Deduct ceased to be in force during year 142174200
In force December 31st 1920 1737855000
Business in Georgia
Ordinary
In force December 31st 1919 327221500
Issued revived or increased 60283700
Sum 387505200
Deduct ceased to be in force during the year 33048400
In force December 31st 1920 3524
Net losses paid during year 2050000
Net losses incurred during year 1649751
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
500 Main Street Springfield Mass
William W McClench President Wheeler H Hall Secretary
Attorney for service in GeorgiaWiliam J Harty Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capitalPurely Mutual
Ledger assets Dec 31st 1919 11449474307
Extended at 11449474307
Income
Gross premiums on new business 510671244
Gross renewal premiums 1754608207
Total premiums 22512Ifl
interest and rents 2S5
Profits on sale or increase by adjustment of assets 75811b0
ther sources
Other income 201922219
Total income 3064913366
Carried forward 14514387673
Disbursements
Net amount paid policyholders for losses 582802275
Legal and administrative expenses in adjustment of claims 300745
Commissions and allowances to agents
a First year 2130190053
b Renewal 117425555
Salaries of officers and employes JflMilJiS
Rents and interest 14449129fOUSSPW
352
Anwual Report
Advertising printing postage telegrams etc 18437313
Paid policyholders for dividends 413771095
Loss on sale and decrease by adjustment of assets 4066378
Cther items
Other disbursements 421798811
Total disbursements 1850144202
Balance 12664243471
Ledger Assets
Book value of real estate 102940000
Mortgage loans first lien 4469294125 4469294125
Bonds at book value 5919712616
Stocks at book value 26512500
Cash in office 430130
Deposits at interest 170567764
Deposits not at interest 20287624
Other items
Policy and premium loans 1954498712
Total ledger assets as per balance No 23 12664243471
NonLedger Assets
Interest and rents due and accrued 231312586
Cther items
Net deferred and uncollected premiums 322547984
Total assets 13218104041
Deduct Assets Not Admitted
Other items
OVerdue and accrued interest on bonds defaulted 10225000
Book value over market value of bonds 35631293
Total not admitted assets 45856293
Total admitted assets 13172247748
Liabilities
Net amount of unpaid losses and claims 42582579
Reserves or unearned premiums on risks outsanding11632126800
Dividends to policyholders declared but unpaid 710361425
Salaries and miscellaneous amounts due or accrued 6473114
Taxes due or accrued 37487759
Other items
Other liabilities 252450701
Total amount of liabilities except capital 12681482378
Capital actually paid in cash Purely mutual
Surplus over all liabilities 490765370
Surplus protection to policyholders 490765370
Total liabilities 13172247748
Business in Force Life Insurance Companies
Ordinarv
In force December 31 1919 60106816000
Issued revived or increased during year 16047892500
Sum 76154708500
Deduct ceased to be in force during year 3280373900
In form December 31st 1920 72874334600
Business in Georgia
In force December 31st 1919 1677649400
Issued revived or increased 500929000
Sum 2178578400
Deduct ceased to be in force during the year 15P8721
In force December 31st 1920 2022706300
Net losses paid during year 18868400
Net losses incurred during year 190638
Investments in Georgia
Bonds 176235560
Mortgage loans 257716700
Policy loans 79201910
Other items
Premium loans 7749866Insurance Department of Georgia
353
METROPOLITAN LIFE INSURANCE COMPANY
1 Madison Avenue New York N Y
Haley Fiske President James L Roberts Secretary
Attorney for service in GeorgiaA W Smith Atlanta Ga
Kinds of business done in GeorgiaLife Health and Accident
Ledger assets Dec 31st 1919 83568547217
Extended at 83568547217
Income
Total premiums
Ordinary 110
Industrial 106
Dividends left with the Company to accumulate interest
Ledger assets other than premiums received from other Com
panies for assuming their risks
Interest and rents 43
Considerations for supplementary contracts not involving life
contingencies
Profits on sale or increase by adjustment of assets
Other sources
llegmen Memorial Fund bequest
Income
Tax refund
Suspense including checks etc
New York income tax withheld at source
Reserve for depreciation
Fire insurance fund
Miscellaneous income
Group health division
From agents balances previously charged off
Consideration for supplementary contracts in
volving life contingencies including 2040138
applied to purchase paidup insurance arising
on total and permanent disability claims
84641369
91890970
2196988
14869
36364405
60618036
91181174
4125000
1852419
253 3 7
1325594
914911
5167748
4698707
4579093
56363407
151385
55660
S4770187
Total income 26351977998
Carried forward 109920525215
Disbursements
Xet amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 886537984
b Renewal 564113542
Compensation in Industrial Department to super
intendents deputies and agents
Salaries of officers and employes home office
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Surrender values paid in cash or applied in liquidation of
loans or notes
Branch office expenses including salaries of managers and
clerks
Medical examiners fees
Inspections of risks
Sick benefits on assumed policies
Amount returned to policyholders in consideration of direct
payment of weekly premiums at home office or D O
Repairs and expense other than taxes on real estate
Miscellaneous taxes licenses and fees
Health and welfare work
From health division
Return of assets received from policyholders or other Com
6548204572
4237052
1450651526
2629900993
822208269
212205064
176786404
579063409
23747483
863418652
379941569
244355036
8683895
136816
70654037
126410390
446287437
321266790
49106522354
Annual Report
panies in exchange for the reinsurance of their policies 76876
Paid for claims on supplementary contracts not involving life
contingencies
Miscellaneous 364 677 66
44891901
Total disbursements 1536691236u
Balance 94553612855
Ledger Assets
Book value of real estate 28
Mortgage loans first lien 357
Bonds at bok value 480
Stocks at book value 5
Cash in office
Deposits at interest 9
Deposits not at interest
Agents balances net Debit 7080238 credit 21515374
net credit 14435136 cash in transit 4987117 renting sec
tion inventor 2414542 suspense account unadjusted items
11214617
Other items
Taxes on mortgaged property advanced secured 309944
contingent reversion 570000 reserve deposits with re
insured Companies 11122572 due from insurance com
missioner of Pennsylvania as receiver of Pittsburg Life
Trust Company in settlement of the reinsurance agree
ment 83182461 premiums reported on U S monthly dif
ference lists to War Risk Insurance Bureau in accordance
with the Soldiers and Sailors Civil Relief Act 71040
less 62977 interest credited to U S Government 8063
loans made to policyholders on this Companys policies as
signed as collateral 5571778497 premium notes on pol
icies in force of which 80 is for first years premiums in
cluding 464015985 assumption liens of the Pittsburgh
Life Trust Company 630250689 premiums in course of
collection group health division health 229689 accident
15720 62
56058985
70304593
78207942
55876798
15465495
62091989
13925278
99366117
02312658
Total ledger assets as per balance No 2394553612855
NonLedger Assets
Interest and rents due and accrued 1487473745
Other items
Net amount of uncollected and deferred premiums 2124607121
Industrial premiums due and unpaid less loading 217065994
Checks for annuities issued in advance 1780769
Total assets 983845404 S4
Deduct Assets Not Admitted
Agents balances 7080238
Other items
Health premiums written prior to October 1
1920 48400
Premium notes policy loans and other policy
assets in excess of net value and other policy
on industrial policies 29662067
Book value of bonds not subject to amortization
and stocks over market value 242811903
Renting section inventory 2414542
Suspense unadjusted items 11214617
Total not admitted assets 293231767
Total admitted assets 98091308717
Liabilities
Net amount of unpaid losses and claims 344152149
Reserves or unearned premiums on risks outstanding91637815792Insurance Department of Georgia
355
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Extra reserve for total and permanent disability benefits
119589942 and for additional accidental death benefits
11171247 included in life policies
Extra reserve in full to pay death claims to May 7 1922 on
Pittsburgh Life Trust Company policies
Present value of amounts not yet due on supplementary con
tracts not involving life contingencies computed by the
Company
Present value of amounts incurred but not yet due for total
and permanent disability benefits
Liability on policies cancelled and not included in net reserve
upon which a surrender value may be demanded
Dividends left with the Company to accumulate at interest
and accrued interest thereon
Premiums paid in advance including surrender value so ap
plied
Compensation account in industrial department to superin
tendents and deputies
Medical examiners fees 37406181 and legal fees 6645912
due or deferred
Due in advance commissions of Pennsylvania as receiver of
Pittsburgh Life Trust Company in settlement of rein
surance agreement
Miscellaneous
385826572
36593615
357500000
133761189
20000000
142405033
31636265
121305901
43826951
263313337
90875482
44052093
11752476
1081705969
Total amount of liabilities except capital94746523424
Surplus over all liabilities 3344785293
Surplus protection to policyholders 3344755
Total li
93
bimles 98091308717
Business in force
Ordinary
Group 13626497600
In force December 31 1919 262909577100
Group 21331832900
Issued revived or increased during year 84907159100
Group 34958130500
Sum 347816736200
Group 6956669200
Deduct ceased to be in force during year 25783357900
Group 28001461300
In force December 31st 1920 322033378300
Total 638001251400
Business in Georgia
Ordinary
Group
In force December 31st 1919
Group
Issued revived or increased
Group
Sum
Group
Deduct ceased to be in force during the year
Group
In force December 31st 1920
Total 7655876100
Group 1290000
Net losses paid during year 33271075
Group 1290000
Net losses incurred during year 33182468
Premiums in Force
In force December 31 1919
Written or renewed during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Net premiums in force
74147500
2909250200
166785000
1085239700
240932500
3994489900
69430000
433438800
171502500
3561051100
Industrial
257829365700
58956023100
31678i5391800
28818980000
287966411800
1400
Industrial
3502085400
963151800
4465237200
541914700
3923322500
0
46411467
46834934
4010034
56361500
60371534
55243823
5127711
5127711igRRl
356
Annual Report
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Health 22475 7929
Totals 2247 7929
Business in Georgia
Bonds 394608911
Mortgage loans 257730000
Policy loans 76695219
Farm loans 232328746
Total investments in Georgia 961364S76
MISSOURI STATE LIFE INSURANCE COMPANY
Fifteenth and Locust Streets St Louis Mo
M E Singleton President James J Parker Secretary
Attorney for service in GeorgiaH C Lorick Augusta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 100000000
Ledger assets Dec 31 1919 2202342765
Extended at 2202342765
Income
Health accident etc 114626
Gross premiums on new business 306511646
Gross renewal premiums 622757506
Deduct amount paid for insurance and return
premiums 96854S9
Total premiums 919698289
Interest and rents 162680508
I roflts on sale or increase by adjustment of assets 2080366
Other sources
a Consideration for supplementary contracts
Involving life contingencies 754897
b Consideration for supplementary contracts
not involving life contingencies 1200000
c Dividends left with the company to accum y
ulate at interest 12602996
d Bonus on mortgage loans paid oft prior to
maturity 1189884
e Mortgage loans previously charged off 1534254
f Unpresented checks outstanding live years
or longer cancelled 48064
g From agents balances previously charged
off 452586
h Borrowed money gross 115000000
132773681
Total income 1217232844
Carried forward 3419575609
Disbursements
Net amount paid policvholders for losses annuities and en
dowments 165005960
Legal and administrative expenses in adjustment of claims 353693
Commissions and allowances to agents
a First year 189443222
b Renewal 34400869
c Total disability health accident etc 5971024
229815115
Salaries of officers and employes 41374191
Rents and interest 7131332
Advertising printing postage telegrams etc 17751565
Paid policyholders for dividends 37301947Insurance Department of Georgia
357
Paid polieyholders for surrender values 430741 71
Loss on sale and decrease by adjustment of assets 459525
Other items
a Paid for claims on supplementary contracts
not involving life contingencies 815913
b Dividends and interest thereon held on de
posit surrendered during the year 5088536
c Paid stockholders for dividends 10000000
d Commuted renewal commissions 470117
e Compensation of managers and agents not
paid by commission for service in obtaining
new insurance 11285807
f Agency supervision and traveling expenses
of supervisors 3049455
g Branch office expenses including salaries
of managers and clerks 2752145
h Medical examiners fees and inspection of
risk 21386963
i Legal expense 1613641
j Furniture fixtures and safes 3262112
k Repairs and expenses other than taxes on
real estate 3709219
1 Taxes and fees 22804477
m Premiums on bonus securing deposits in
banks 128510
n Investment expense 750595
o Commissions paid on sale of real estate 331900
p Commissions paid on mortgage loans 1691475
q Expense of 1920 convention of 10000 club 4484750
r Collection of premiums 19275
s Agents bond premiums 539034
t Miscellaneous traveling expenses 1073642
Incidental office expense 830547 1906889
u Paid insurance departments for examination
of company 61837
v Suspense items 92672
w Agents balances charged off 399760
x Borrowed monev repaid gross 115000000
211645082
Total disbursements 753912581
Balance 2665663028
Ledger Assets
Book value of real estate 30553984
Mortgage loans first lien 1930146497
Bonds at book value 198370760
Cash in office 141711
Deposits at interest 46006103
Deposits not at interest 7766S43
Agents balances net 3931238
Other items
a Policy loans 416806224
b Premium notes 22101533
c Premiums reported to war risk insurance
bureau 8178
d Bills receivable 9829957
448745892
Total ledger assets as per balance No 23 2665663028
NonLedger Assets
Interest and rents due and accrued 75018519
Market value of assets over book value 16486099
Other items
a Due from companies for losses reinsured 500000
b Net amount from collected premiums 85689093
86189093
Total assets 2843356739
Deduct Assets Not Admitted
Agents balances 5214679
Bills receivable 9829957
Other items
a Book value of bonds over market value 1928224

358
Annual Report
b Premium notes and policy loans in excess
of net value
5057200
22030060
Total not admitted assets
Total admitted assets 2821326679
Liabilities
Net amount of unpaid losses and claims 1
Reserves or unearned premiums on risks outstanding 238
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
a Dividends left with company to accumulate
b Premiums interest and rents paid in advance
c Commissions due agents
d Reserve for 100000 club expense
e Cash in suspense 53535196
7195300
2925955
1100871
3808011
1064900
32893341
6471082
697824
2500000
972949
Total amount of liabilities except capital 2559630233
Capital actually paid in cash 100000000
Surplus over all liabilities 161696446
Surplus protection to policyholders 261696446
Total liabilities 2821326679
Business in Force Life Insurance Companies
Ordinary
In force December 31 191921941563500
Issued revived or increased during year 11072730100
Sum 3o014293600
Deduct ceased to be in force during year 2781413200
In force December 31st 192030232880400
Business in Georgia
In force December 31st 1919 928128100
Issued revived or increased 694571100
gum 1622699200
Deduct ceased to be in force during the year 152164200
In force December 31st 1920 1470535000
Net losses paid during year 6352400
Net losses incurred during year 6255150
Investments in Georgia
Policy loans
Mortgage loans
Total investments in Georgia
12895752
6495700
19385752
MORRIS PLAN INSURANCE SOCIETY
680 Fifth Avenue New York N Y
Arthur J Morris President Joseph B Gilder Secretary
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 10000000
Ledger assets Dec 31st 1919 21528483
Extended at 21528483
Income
Gross premiums on new business 12350543
Total premiums 12350543
Interest and rents 947932
Profits on sale or increase by adjustment of assets amortization
of bonds 3245
Total income 13301720
Carried forward 34830203Insurance Department of Georgia
359
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets amortization of
bonds
Other items
Taxes 564209
Other operating expenses agency supervision med
ical examiners fees legal expenses expenditure
furniture and fixtures examination by New York
Insurance Department 728363
Total disbursements
Balance
Ledger Assets
Bonds at book value
Cash in office
Deposits at interest
Other items
National Trust certificates of Industrial Finance
Corporation New York City 600000
Loans made to policyholders on this Companys
policies assigned as collaterial 76355
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
10000000
12254478
2031300
8770
3501671
2761694
416699
411639
1292
1292574
10425639
24404564
16046520
6000
7675689
6763 55
Total ledger assets as per balance No 23 24404564
NonLedger Assets
Interest due and accrued 320521
Other items
Net amount of uncollected and deferred premiums 195454
Total assets 24920539
Total admitted assets 24920539
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Commissions due to Agents 73835
Medical examiners fees 20975
130700
2040551
400000
94810
2666061
22254478
Total liabilities 24920539
Business in Force Life Insurance Companies
Industrial
In force December 31st 1919 381010600
Issued revived or increased during year 509260000
gum 890270600
Deduct ceased to be in force during year 890270600
In force December 31st 1920 iWAAI
Total 890270600
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
8865000
6970000
15835000360
Annual Report
Deduct ceased to be in force during the year 9100000
In force December 31st 1920 6735000
Total 15835000
Net losses paid during year 45000
Xet losses incurred during year 15000
MUTUAL BENEFIT LIFE INSURANCE COMPANY
750 Broad Street Newark N J
Frederick Frelinghuysen President J William Johnson Secretary
Attorney for service in GeorgiaRobert L Foreman Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Capital Stock
Ledger assets Dec 31 1919 24873551320
Extended at 24873551320
Income
Gross premiums on new business 772712865
Gross renewal premiums 3629135338
Total premiums 4401848203
Interest and rents 1232150081
Profits on sale or increase by adjustment of assets 2340597
Other sources
Consideration for supplementary contracts 152260344
Refund on cost of new mortality investigation 31433
152291777
Total income 5788630658
Carried forward 30662181978
Disbursements
Net amount paid policyholders for losses and claims
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 315221619
b Renewal 211392195
1389572312
68184
Salaries of officers and employes
Rents and interests i
Advertising printing postage telegrams etc
Paid policyholders for dividends 839717043 surrendered poli
cies 412283455 war premiums returned 75467
Loss on sale and decrease by adjustment of assets
Other items
Taxes fees and licenses 113185516
Supplementary policv claims 150465792
All other disbursements 86306106
526613814
89015496
9051166
1858088
1252075965
6835084
349957414
Total disbursements 3641770263
2
11368795oToOI 1 113
99
Balance 27020411715
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest 1
Deposits not at interest
Agents balances net
Other items
Loans and collateral 482700000
Policy loans 4769501450
Premiums guaranteed under soldiers and sailors
civil relief act 15792
69713395
68795000
22034182
1725000
674658
90242963
14951288
57987
5252217242
Total ledger assets as per balance No 23 27020411715
NonLedger Assets
Intrest due and accrued 530096602Insurance Department of Georgia
361
Other items
Net amount of uncollected and deferred premiums 461087774
Total assets 28011596091
Deduct Assets Not Admitted
Agents balances n 943 84
Other items
Overdue and accrued interest on bonds in default 12916666
Book value of assets over market value 696950378
Total not admitted assets 711061428
Total admitted assets 27300534663
Liabilities
Net amount of unpaid losses and claims 1
Reserves or unearned premiums on risks outstanding 248
Dividends to policyholders declared but unpaid 10
Salaries and miscellaneous accounts due or accrued I
Tares due or accrued estimated
Other items
Present value of amounts not yet due on supplementary con
tracts 5
Other liabilities except contingency reserve funds
Total amount of liabilities except capital 267887024 13
Contingency reserve funds 511832250
13006197
62339900
56707218
9386169
63400000
97653700
86209229
Total liabilities 27300534663
Business in Force Life Insurance Companies
Number
In force December 31st 1919
Issued revived or increased during rear
Sum
Deduct ceased to be in force during vear
In force December 31st 1920
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the year
Tn force December 31st 1920
Net losses and claims paid during year
Net losses and claims incurred during year
Investments in Georgia
Bonds
Mortgage loans
Policy loans
417215
54948
472163
16119
456044
13903
2255
16158
604
15554
167
168
Ordinay
Amount
113314423500
23339006500
135653430000
4548174900
131105255100
2974500100
583728000
3558228100
126051400
3432176700
33694900
34994900
78135797
365900000
200300017
Total investments in Georgia 644335814
MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
34 Nassau Street New York N T
Charles A Peabody Pres William Frederick Dix George C Keefer Secys
Kinds of business done in GeorgiaLife
Ledger assets Dec 31st 1919 65406351879
Extended at65406351879
Income
Gross premiums on new business 1932242042
Gross renewal premiums 6658998332
Deduct amount paid for insurance and return pre
miums 25980610
Total premiums 8565259764
Interest and rents 3093193125
Profits on sale or increase by adjustment of assets 1043 353 97
Other sources
Consideration supplementary contracts involving life
contingencies 117286793362
Annual Report
Consideration supplementary contracts not involv
ing life contingencies
Dividends left with Company to accumlate at in
terest
Premium extra fees
Policy fees
Profit settlement foreign business
Collections or deposits account of others not paid
out
Deposits account pending insurance
Exchange
From agents balances previously charged off
61233714
20296159
2996800
38135
658924317
8293482
4431748
96297
650203
874247747
Total income
Disbursements
Net amount paid policyholders for losses and matured
endowments
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 706826703
b Renewal 300309931
12637036033
39
44385280
8350520
in
Salaries of officers and employes and trustees
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends 21
Doss on sale and decrease by adjustment of assets
Paid policyholders for surrender values 2345796939
For annuities involving life contingencies 264477224
Paid for claims on supplementary contracts not in
volving life contingencies 8428170
Repairs and expenses on real estate JocJjJno
Taxes on real estate 7oSabSt
State tax on premiums HIli Snne
Agency expenses oiBcfisos
Medical examiners fees and inspection of risks Sibb88as
Foreign income tax oXlfi
Local tax on premiums ci
All other disbursements 104113
07136624
43970516
70057840
76704896
97656568
13790337
4026616224
Total
disbursements 11588668805
Balance 66454719107
Ledger Assets
Book value of real estate
Mortgage loans first lien 10430754155
Bonds at book value
Stocks at book value z
Cash in office
Cash in transit since received
Deposits at interest
Deposits not at interest
Other items
Loans made to policyholders on assignment of company s poll
1170646768
10430754155
42787401393
2325605287
5236021
18731916
813851613
22774340
Cash advanced to pay policy claims
Premiums reported to War Risk Insurance Bureau under Sol
diers and Sailors Civil Relief Act
Accounts collectible 9301934 supplies 8515875
Cash advanced to or in hands of officers or employees
8740940098
118425290
171765
17817809
2363252
Total ledger assets as per balance No 23 66454719107
NonLedger Assets
Interest and rents due and accrued 827741386
Other items jni
Net amount of uncollected and deferred premiums 5b71J4U14
Total assets 67849584507
Deduct Assets Not Admitted
I fther items
Book value bonds and stock over market value 729385321Insurance Department of Georgia
363
Supplies stationery printed matter 8515875
Cash advanced to officers and agents 2363252
Accounts collectible 9301934
Total not admitted assets 749566388
Total admitted assets 67100018119
Liabilities
Net amount of unpaid losses and claims 699615668
Reserves or unearned premiums on risks outstanding 56698359030
Dividends to policyholders declared but unpaid 2738550611
Salaries and miscellaneous accounts due or accrued 7809445
Taxes due or accrued 20664655
Other items
Estimated amount hereafter payable for federal state and other
taxes based on 1920 business 317062022
Funds held awaiting apportionment on deferred dividend poli
cies 3972025718
Fund for depreciation of securities and general contingencies 2305854313
Liability on policies canceled upon which a surrender value may
be demanded 30547846
All other liabilities 309530811
Total amount of liabilities except capital67100018119
Total liabilities 67100018119
Business in Force fLife Insurance Companies
Ordinary
In force December 31st 1919 2089171357S0
Issued revived or increased during year 42367771900
Sum 251284907600
Deduct ceased to be in force during year 15487595500
In force December 31st 1920 235797312100
Business in Georgia v
In force December 31st 1919 4197202620
Issued revived or increased i 1035257504
Sum 5232460124
Deduct ceased to be in force during the year 362343237
In force December 31st 1920 4870116887
Net losses paid during year 68821545
Net losses incurred during year 66702390
NATIONAL LIFE INSURANCE COMPANY
116 State St Montpelier Vt
Fred A Howland PresidentOsman D Clark Secretary
Kinds of business done in GeorgiaAnnuity and Life Insurance
Ledger assets Dec 31 1919 7119495196
Extended at 7119495196
Income
Gross premiums on new business 253955700
Gross renewal premiums 820129242
Total premiums 1074084942
Consideration for supplementary contracts
Interest and rents
Dividends left with company to accumulate at interest
Profits on sale or increase by adjustment of assets
Other sources
Recovered from overloan on policy No 162019
Unclaimed checks
Refund income taxes U S Treasury Dept
Agents balances previously charged off
16295243 363790409 5055343 5442480
323 72799 1360974 525354
Total income 1466627867
Carried forward 8586123063iBWi
364
Annual Report
Disbursements
Xet amount paid policyholders for losses including 219773196
matured endowments
Surrender values paid in cash or applied on loans or notes
Legal and administrative expenses in adjustment of claims
Claims on supplementary contracts
Commissions and allowances to agents
a First year 96691318
b Renewal 53532801
Salaries of officers and employes
Branch office expense and agency supervision
Rents and interest
Medical fees
Advertising printing postage telegrams etc
Furniture fixtures and safes
Paid policyholders for dividends
Annuity payments
Loss on sale and decrease by adjustment of assets
Agents balances charged off
Other items
State taxes on premiums department fees and licenses
Taxes on real estate repairs and legal expense
Home office supplies and travel
Investment expense
Krror surrender value policy Xo 231022
Liberty loan withdrawals
Excess war premiums refunded
494704373
105200750
141218
6525343
150224119
31542886
26280914
9042575
12560017
10429637
3026265
241200692
68706762
1237177
886944
30364479
2671985
5328401
6120429
100
403000
170280
Total disbursements 1206768346
Balance 7379354717
258
34476
27779
1
478
20
10
8762
2005
50000
88326
55S12
94224
50767
00000
50965
27380
37243
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Loans to policy holders
Premium notes
Total ledger assets as per balance Xo 23 7379354717
XonLedger Assets
Interest due and accrued 17S760030
Other items
Xet amount of uncollected and deferred premiums 128094423
Total assets 7686209170
Deduct Assets Xot Admitted
Agents balances 1113952
Other items
Book value of bonds over market value 225281300
Total not admitted assets
S395252
Total admitted assets 7459813918
Liabilities
Xet amount of unpaid losses and claims including 12500000
for losses unreported 31766551
Reserves or unearned premiums on risks outstanding 6549306472
Dividends held at interest 13026183
Dividends to policyholders declared but unpaid 278844332
Deferred dividends held for future payment 331246971
Salaries and miscellaneous accounts due or accrued 11119334
Taxes Hue or accrued 27689892
Other items
life rate endowment extra reserve 9197073
Unclaimed checks 69688Insurance Department of Georgia 365
Agents and employes liberty loan deposit account 74250
9341011
Total amount of liabilities except capital 7252340746
Surplus over all liabilities 207473172
Surplus protection to policyholders 207473172
Total liabilities 7459813918
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 26780156000
Issued revived or increased during year 6160208200
Sum 32940364200
Deduct ceased to be in force during year 1994833800
In force December 31st 1920 30945530400
Total 30945530400
Business in Georgia
In force December 31st 1919 1371490442
Issued revived or increased 304496580
Sum 1675987022
Deduct ceased to be in force during the year 150187700
In force December 31st 1920 1525799322
Net losses and claims paid during year 14563900
Net losses incurred during year 14651900
Investments in Georgia
Bonds 42875000
Policy loans 49096196
Total investments in Georgia 91971196
THE NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY
3027 Ave N Nashville Tenn
C A Craig President C R Clements Secretary
Attorney for service in GeorgiaG C Lvnch Atlanta Ga
Kinds of business done in GeorgiaOrdinary Life and Life Health and acci
dent and Industrial
Amount of paidup capital 30000000
Extended at 434525171
Income
Gross premiums on new business 10941330
Gross renewal premiums 11 017391 34
Deduct amount paid for insurance and return
premiums 23350
Total premiums 1112657114
Interest and rents 212 569 77
Other sources
Deposits by agents in lieu of bond 31668 48
Suspense paid on pending application 143994
Duplicate policy fees 51165
From agents balances previously charged off 19884
3381891
Total income l 1137295982
Carried forward 1571821153
Disbursements
Net amount paid policyholders for losses 446168630
Legal and administrative expenses in adjustment of claims 5291 72
Commissions and allowances to agents
a First year 3698025
b Renewal 317651490
321349515
Salaries of officers an demployes 35571705
Rents and interest 87J981 28
Advertising printing postage telegrams etc 146i34oo2
Branch office expenses 131331763MRW
66
Annual Report
Loss on sale and decrease by adjustment of assets
Other items
Medical fees and inspection
Taxes on R E and personalty
Federal state and municipal taxes
General expense
Total disbursements
Balance
8700826
2583145
1862155
27681949
6290220
1005501210
566319943
Ledger Assets
Book value of real estate
Moitgae loans first lien1
Bonds at book value
Stocks at book value
Cash in office and district offices
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Stocks arid Carraige
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Deferred premiums net
19552594
207218767
274153767
100000
6515888
37380432
2500000
1423495
17415000
60000
566319943
10682989
3077159
6326832
Total assets
Deduct Assets Not Admitted
Agents balances 1796270
Other items
Cash in hands of agents
Stocks and Carriage
Policy assets in excess of net value
Total not admitted assets
Total admitted assets
586406923
562514
60000
528042
2946826
583460097
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Tax reserve
Other items
Paid on pending applications
Extra premium special hazard
Contingent reserve
Resisted items other than policy claims
Agents deposits in lieu of bond
Total amount of liabilities except capital
Capital actually paid in ca
Surplus over all liabilities
Surplus protection to policyholders
74
258
164
260
08029
90669
18529
92847
Capital actually paid in cash 30000000
lOo4264
143994
32077
190000000
812700
15815654
482617454
100842643
Total liabilities
Business in Force Life Insurance Companies
Ordinary
In force December 31 1919
Issued revived or increased during year 520310000
gurn 520310000
Deduct ceased to be in force during year 13800000
In force December 31st 1920 506510000
Business in Georgia
In force December 31st 1919
Issued revived or increased 5A8A0n0
Sum 52800000
Heluctceased to be in force during the year 400000
583460097
Industrial
5960140900
3922119700
9882260600
2729501100
7152759500
418083000
406127100
824210100
323114500Insurance Department of Georgia
367
In force Deceber 31st 1920 52400000 501095600
Total 52400000
Net losses paid during year 34566011
Net losses incurred during year 24589557
Investments in Georgia
Mortgage loans 250000
NATIONAL LIFE INSURANCE COMPANY OF THE UNITED STATES OF
AMERICA
29 South LaSalle St Chicago 111
A M Johnson President Robert D Lay Secretary
Attorney for service in GeorgiaJ B Wood Atlanta Ga
Kinds of business done in GeorgiaLife Accident and Health
Amount of paidup capital 50000000
Ledger assets Dec 31st 1919 1689229205
Extended at 1689229205
Income
Gross premiums on new business 97364429
Gross renewal premiums 321573486
Deduct amount paid for insurance and return
premiums 14519969
Total premiums 404417946
Interest and rents 94186430
Profits on sale or increase by adjustment Of assets 225047
Other sources
Consideration for supplementary contracts 1806695
Casualty department 287606545
All other 2275333
Total income 790517996
Carried forward 2479747201
Disbursements
Net amount paid policyholders for losses 103319280
Legal and administrative expenses in adjustment of claims 285381
Commissions and allowances to agents
a First year 54064001
b Renewal 21296966
75360967
Salaries of officers and employes 31354977
Rents 3112665
Advertising printing postage telegrams etc 7110612
Paid policyholders for dividends 8141433
Loss on sale and decrease by adjustment of assets 4764625
Other items
Paid policyholders for matured endowments surrendered poli
cies and annuities 52944805
Medical examiners fees and inspection of risks 7497675
Insurance department licenses and fees and taxes 9339121
Casualtv department 276653400
All other 22239141
Total disbursements 602124082
lialance 1877623119
Ledger Assets
Book value of real estate AiWlll
Mortgage loans first lien 783465825
Bonds at book value 337117238
Stocks at book value 327151040
Cash in office JHoSMn
Deposits at interest 4o
Deposits not at interest JiSoS c2
Agents balances 11078056
Other items
Policy loans and premium notes 349705912
Casualty department 3924820Annual Report
All other
1906024
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Net amount of uncollected and deferred premiums
Due from other companies on policies reinsured
Casualty department
1877623119
31280423
29897222
36785575
749070
2063
Total assets 1976337472
Deduct Assets Not Admitted
Agents balances 11650631
Other items
Policy assets in excess of net value of their
policies 3785745
Casualty department 3025526
18461902
Total not admitted assets
Total admitted assets 1957875570
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding 17
Dividends to policyholders declared but unpaid or previously
ascertained but not due
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Other reserves
Casualty department
17713374
35122713
55798024
11661912
13916690
5237034
16376916
Total amount of liabilities except capital 1855826663
Capital actualv paid in cash 50000000
Surplus over all liabilities 52048907
Surplus protection to policyholders 102048907
Total liabilities 1957875570
Business in Force Life Insurance Companies
Ordinary
In force December 31 1919 11362100745
Issued revived or increased during year 3159661979
Sum 14521762724
Deduct ceased to be in force during year 1113149484
In force December 31st 192013408613240
Business in Georgia
In force December 31st 1919 398917836
Issued revived or increased 161193400
Sum
Deduct ceased to be in force during the year
In force December 31st 1920
Net losses paid during year
Net losses incurred during year
Premiums in Force Miscellaneous Companies
In force December 31 1919
Written or renewed during year
Sum
Deduct ceased to be in force during year 280906561
560111236
52402585
507708651
4350000
4360900
8474901
284350379
292825280
In force December 31st 1920 11918719
Deduct amount reinsured il2ISTI
Net premiums in force 10911042
Business in Georgia During 1919
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident and health 13535561 6472299
Totals
13535561
6472299Insurance Department of Georgia
369
Investments in Georgia
Mortgage loans 542000
Policy loans 10531468
Total investments in Georgia 11083468
NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY
87 Milk St Boston Mass
Alfred D Foster President J A Barley Secretary
Attorney for service in GeorgiaRobt J Guinn Atlanta Ga
Kinds of business done in GeorgiaLife Insurance with disability and
double indemnity provisions
Ledger assets Dec 31 1919 9419344193
Extended at 9419344193
Income
Gross premiums on new business 411232662
Gross renewal premiums 1411763945
Total premiums 1822996607
Interest and rents 463221558
1162200
Profits on sale or increase by adjustment of assets
Other sources
Consideration for supplementary contracts
Dividends left with the company
Remittances in advance of agents reports
42396600
3506076
637702
46540378
Total income 2333920778
Carried forward 11753264936
Disbursements
Net amount paid policyholders for losses 590297593
Legal and administrative expenses in adjustment of claims 234415
Surrender values paid in cash 131254693
Commissions and allowances to agents
a First year 176250192
b Renewal 84249578
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Paid for claims on supplementary contracts
Branch office expenses and medical exams
Insurance taxes and fees
Taxes repairs and expenses on real estate
Miscellaneous expenses
15579395
4i5791718
37897968
20156829
11677007
260499770
50021085
6594996
10872599
304883095
4347669
131102917
Total disbursements 1490108832
Balance 10263156104
Ledger Assets
Book value of real estate 311743400
Mortgage loans first lien 1949070472
Bonds at book value 6005515300
Stocks at book value 241755100
Deposits at interest 33600160
Other items
Collateral loans 12810000
Policy loans 1589291298
Premium notes 119266103
Due from U S Government 104271
1721471674
Total ledger assets as per balance No 2310263156104370
Animal Report
Interest due and accrued XnLeder Asts
Market value of assets over book value
Other items
Net uncollected and deferred premiums
1386303
3499
00
158044895
Total assets
Deduct Assets Not Admitted
Book value of bonds and stocks over amortized 101410000
Total not admitted assets
Total admitted assets
158044895
10560181286

101410000
10458771286
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Premiums paid in advance
Dividends on deposit with Company
Commissions due agents
Interest and rents paid in advance
Remittances in advance of agents reports
508184
96666303
3893430
21271
310859
20394784
8891649
5766311
2391343
637702
38081789
Total amount of liabilities except capital jini st7
Surplus over all liabilitiesj TnlMlM
Surplus protection to policyholders
273484498
86
Total liabilities 104587712
Business in force
Ordinary
In force December 31 1919 476 178 74
Issued revived or increased during the year 10s40ll36
Deduct ceased to be in force during the yearI
583589890
In force December 31st 1920ZlJiZJLI 56o773236
Total 560i773l236
Business in Georgia
Ordinary
In force December 81 1919 12 490 352
Issued revived or increased during year 4388510
Sum i6878862
Deduct ceased to be in force during year 1 250 894
In force December 31st 19201 15627968
Total 15627968
Net losses paid during year
net losses incurred during year
00
00
1687886200
00
00
00
00
00
1135281
1246551
Bonds
Mortgage loans
Policy loans
Other items
Premium notes
Investments in Georgia
83924500
68400000
39844646
3136982
Total investments in Georgia
193506128
NEW YORK LIFE INSURANCE COMPANY
346 Broadway New York N T
Darwin P Kingsley President Secretaries Seymour M Ballard Frederick M
Corse Wilbur H Pierson
Attorney for service in GeorgiaE J Clark Atlanta Ga
Kinds of business done in GeorgiaInsurance upon the lives or the health ofInsurance Department of Georgia
371
persons and everyinsurance appertaining thereto and to rant purchase
or dispose of annuities and to make endowments and to receive and execute
trusts and insurance against injury disablement or Seato ultmgrom
travel or general accident and against disablement resulting from sickness
and every insurance appertaining thereto
Ledger assets Dec 31 191993650994890
93650994890
Extended at
Income
Gross premiums on new business M9lo2338
Gross renewal premiums 112291038
Deduct amount paid tor insurance
14274103362
6878930
Total premiums
Interest and rents zrrZiZZlltl
Profits on sale or increase by adjustment of assets
Other sources
14267224432
4433500403
64682739
Consideration for supplementary contracts not involving lite con
DWiTend lefrwi7h7he7ompany
Hudfna reversionary additions surrendered for cash 105461440
2332
vpanytoaccurnulate at interest in
cluding reversionary additons surrendered for cash 105461440 M2Mg 44
left on deposit 187614762
All other income
Total income
Carried forward
19379013312
113030008202
Disbursements
Net amount paid policyholders or lossesmatured endowments 3469 2
surrender values and trust CR 19B 9i
lJTSttiTnmtmt of claims
Commissions and allowances to agents lg 2172o707
a First year 363020741
b Renewal
6613624
1684741448
340659615
Salaries of officers and employes 74670960
Spnts rr 95001677
Advertising printing postage telegrams etc 31i98155M3
SS oSeruSteti 394020423
AencVxpenses medical fees and Inspecton of risks
Taxes licenses and insurance department tees 59617651
Rtal estate taxes repairs and expenses ZIV 13793809
sCenn 3750269344
conversion of foreign currencies 263226595
All other disbursements
Total
Balance
disbursements
19097157798
93932850404
Vecessarv because in 1920 the Com
This item is not a ITtT conlocertain foreign currencies re
83AXS iW SMn Assets and correspondingly m its
Foreign Liabilities rerteer Assets
840748100
Book value of real estate
Mortgage loans first
item is not a disbursement but is
lien 16479622560 60088185455
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
debit balances 1878908
branch office net
0Breem1iuem Snotes and policy loans
Cash
Collateral
loans
10414600
310928
815348233
183627372
1933358
14749924707
106066419
656550000MM
372
Annual Report
FTilscmlUT Risk Bureau under SoHis a 11MM
1180 13
Total ledger assets as per balance No 23939328 504 i
NonLedger Assets
Interest due and accrued 8
MLrtToftioTr bk VaUe vrZrbondsandstocksot
Other items iasbtuit
nfl aount f uncollected and deferred premiums 13 711 710 24
Due from reinsuring companiesII 9866500
Total assets 96721172225
Deduct Assets Not Admitted
Bills receivable
Other items
Branch office debit balances 4QRii
Reinsurance due from Foreign Companieinot 4S8Lliib
transacting business in the State of New York 4866500
Total not admitted assets 54732506
Total admitted assets 96666439719
Liabilities
Net amount of unpaid losses and claims t in 11 q 407 u
Reserves on risks outstanding 7JJnn
Dividends to policyholders declared but unIa Iolq
Twie8rtnnd misceIlaneous accounts due or iSStSmZ 23llL Is
laxes due or accrued
polfcieISerVe fr disability and accidinlShTtathbinVfl7sTn b91702634
Prflsent7arUeo77uTu 302690400
UnearnidnterfstandenrpaTdTnadvanci IWnwii
Reserves for dividends and contingencies ZZZ IsIImmIm
Additional reserves 1 oo nbiZS
Miscellaneous items 8551 Voqoo
Total liabilities 966664397l9
Business in Force Life Insurance Companies
In force December 31st 1919 12IS2IJ
issued rewed or increased during year Si7i7jfliliijj8
DetransferraeSde3 t0 be in7oeaurmg VeTf temtaiuST and 3839217724
In force IfccembeVsTsTTJS ZZZZZZZTSZ dltililllTo
353729875600
Business in Georgia
In force December 31st 1919 S1
issued revived or increased li gftfcgfcgj
Deduct ceased tobeTnYo7c7 taring th7yia7 Sfmnn
In force December 31st 1920 iI
Total o330312000
Net losses paid during year 63c3H25
Net losses incurred during yearIZZZZZZZZZZZZZZZZZZZZ 79033043
Investments in Georgia
Bonds state county municipal
Mortgage loans Hi33
Policy loans iM7272
Other items 263018812
Railroad bonds apportioned according to mileage basis 4 433 704 71
Lasn 6962661
Total investment in Georgia 12939 714 47Insurance Department of Georgia
373
NORTH CAROLINA MUTUAL LIFE INSURANCE COMPANY
11212 Parrish Street Durham N C
A M Moore President C C Spaulding Secretary
Attorney for service in GeorgiaJ L Wheeler 200 Auburn Ave Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capitalMutual
Ledger assets Dec 31 1919 62361967
Kxtended at 62361967
Income
Gross premiums on new business 36854107
Gross renewal premiumsIndustrial 32013230
Deduct amount paid for insurance and return
premiums 88027740
Total premiums 156895077
Interest and rents 3450254
Profits on sale or increase by adjustment of assets 850000
Other sources
Sundry 91101
Stock increase Book adj 100000
191101
Total 161386432
Carried forward 223748399
Disbursements
Net amount paid policyholders for losses 52890488
Legal and administrative expenses in adjustment of claims 32850
Commissions and allowances to agents
Industrial 26768405
a First year 24791786
b Renewal 2975364
54535555
Salaries of otficers and employes 5424261
Rents and interest 2o22
Advertising printing postage telegrams etc 3188689
Paid policyholders for surrendered policies 621840
Loss on sale and decrease by adjustment of assets 613565
Other items
Taxes and real estate expenseS 407751b
Medical fees and inspection of risks 8584404
Branch office and agency expenses 2799788
Sundry and furniture and fixtures 912442
Total disbursements 133921397
Balance 89827002
Ledger Assets
Book value of real estate lrH5nl
Mortgage loans first lien ilnsnOOO
Bonds at book value 46
Stocks at book value iooSm
Cash in office is9 44
Deposits not at interest 92507
Agents balances net
Other items c91 fi
Bills receivable Alnl
War Saving Stamps
Policy loans l42255
Premium notes 35 97139
Total ledger assets as per balance No 23 89827000
NonLedger Assets
1220700
Interest due and accrued 125 00
Market value of assets over book value 6lnouu
jwanr
374
Annual Report
Other items
Net amount uncollected and deferred premiums
Printed matter
Furniture and fixtures
17360464
520000
2220000
19580464
Total assets 115740666
Deduct Assets Not Admitted
Agents balances 925 07
Bills receivable 162168
Other items
Printed matter 2220000
Policy assets in excess of net policy liability 1734722
Total not admitted assets 1
4209397
Total admitted assets 111531269
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Total amount of liabilities except capital
Surplus over all liabilities
Surplus protection to policyholders
1285
982140
10849
12103777
994274
121037
92
Total liabilities 1115312
Business in Georgia
In force December 31 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Business in forceTotal in A
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the year
In force December 31st 1920
Net losses paid during year in Georgia
Net losses incurred during year in Georgia
Ordinarv
118017600
122640700
240658300
50030600
190627700
11 States
Ordinarv
1326258000
1368042400
2694300400
687849200
2006451200
1340000
1340000
Industrial
4078656
3067386
7146042
3171135
3974907
Industrial
13271969
9660842
22932811
9552927
13379884
49969
50041
69
00
00
00
00
00
Investments in Georgia
Mortgage loans
210000
Total investments in Georgia
10000
NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
210 Wisconsin Street Milwaukee Wis
W D VanDyke President A S Hathaway Secretary
Attorney for service in GeorgiaW Woods White Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital Purely Mutual
Ledger assets Dec 31st 1919 42789946084
Extended at42789946084
Income
InteTeT8 7301309536
RinU 2137749201
xveius 377 111 9
Consideration for installment and option settlements VS 1 67505409
All other income OOollS
Total income 9701275686Insurance Department of Georgia
375
Disbursements
1876385849
Death claims g 27782861
Matured endowments 25009323
Annuities 719576064
Surrendered policies 1618203290
Dividends to policyholders ZZZZZ 213220
Disability claims
5067170607
Total paid policyholders v 195759281
Taxes 948012549
Commissions to agents 48498195
Medical examinations etc VJTiinmVTSiVp Vmnfovees 133488581
Compensation of officers trustees and home office employees 28106263
Rent for occupancy of home office 2 569g6035
All other disbursements
6678021511
Total disbursements
u ASS6tS 387185733
Real estate including home ottice T212 54211989
Loans on real estate mortgages 64 60707688
Loans on policies as collateral i61060680
Premium notes and automatic premium losms775 30050
Premiums deferred under Soldiers and Sailors Civil Keneijici 46 m M7 63
V IS A bonds amortized value i5oo00000
U S A certificates of indebtedness 124 20946887
Other bonds amortized value 30111900
Stocks market value 334060844
Cash on hand and in banks 742382495
Interest and rents due and accrued 683276467
Due and deferred premiums 24795306
Assets not admitteddeducted
47269336190
Total admitted assets
Liabilities
Reserve required by law to beheld on the companys policies HUgMM600
Reserve for annuities and special contracts 977393200
Reserve for not due installments 161697937
Losses and endowments unadjusted etc 1 56075019
Estimated amount of taxes Payae llf eTcZZZZ 53793404
Unpaid accounts medical fees commissions etc 85228790
Dividends due and in course palaRerZZZ 83164597
Deferred dividends payable m 1921 and thereafter 1808300000
Annual dividends payable m 1921 34974363
Other dividend accounts 50000000
Reserve for taxes in dispute 2075440880
Reserved for contingencies
47269336190
Total liabilities
Business in Force Life Insurance Companies 0rJinary
t 1010 191623508200
In force December 31st 1919 36057103300
Issued revived or increased during year ZZZZZZZZZZZZZ 227680611500
Deductceasedto be in force during yearZZZZZZZZZ 219667303200
In force December 31st 1920
Business in Georgia Ordinary
01 1Q1Q 2768819900
In force December 31st 1919 381588200
Issued during the year 3150408100
DtmucTcTaiiatob7TnTo7cedurinFtneyerZ 298B53279300
In force December 31st 1920 54786718
Net losses paid during year 53503103
Net losses incurred during year
Investments in Georgia
41200000
Bonds 271490000
Mortgage loans ZZ 191899042
Policy loans
S 504589042
Total investments in Georgia
m
Animal Report
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
501 West Sixth Street Los Angeles Cal
George I Cochran President s F McClung Secretarv
Ktr f k Attorey r service in GeorgiaR H Gordy SecetarJ
Kinds of business done in GeorgiaLife Personal Accident and Health
Amount of paidup capital i 500 00n ftn
Ledger assets Dec 31st 1919 I tSSMS
Increase of paidup capital during year 10o76oo 00
carried in Life and 200000 in Accident
Depts
10000000
Qxtended at
Gross
Gross
premiums on new
renewal
Income
business
t 4630138435
375394445
premiums 8 46n 991n
Deduct amount paid for tt
insurance and return pre
14219540
LstTTirw ISII
Profits on sale or increase by adjustment of assets MM5TOT
Other sources MWNffI
Consideration for supplementary contracts involv
ing life contingencies
Consideration for supplemental contracts not ln
volving life contingencies
Dividends left with the Company to accumulate
at interest
Agents balances previously charged off
Other sources
2104700
12699152
7127817
168137
16690648
Total i
Carried
1532347674
forward 6162486109
Disbursements
Net amount paid policyholders for losses matured endowments
and annuities
Legal and administrative expenses in adjustmentof claims
Commissions and allowances to agents
t SwSa HdMSfi
254973716
643643
55525629
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets 12541828
Other items
269841782
56617052
8531314
20542334
Iail for surrendered and lapsed policies
Other disbursements ZT1HIJHIIZIZIZIIZZZ 119342854
Total disbursements mj 9 208 928 91
Balance 5241593218
Ledger Assets
Book value of real estate oqo dQQ
Mortgage loans first lien 2381714586 23817 lKse
Bonds at book value Tfftlli
Cash in office 870479294
Deposits at interest
Deposits not at interest II
Agents balances net
Other items
Loans secured by pledge of bonds stocks or other collateral
Loans to policyholders
1030183
140996937
5836730
948299
566402420
778004846
Premium notes and liens11 1069
Total ledger assets as per balance No 23 52415 932 18
XonLedger Assets
S
79592710
Interest due and accrued
Other items
Due from reinsurance companies 4 194M1
Net amount of uncollected and deferred premiums 1173937 00
Total assets 5438999028Insurance Department of Georgia
377
Deduct Assets Not Admitted
Agents balances 1475819
Other items
Premium notes policy loans and other policy assets
in excess of net value and of other policy liabil
bilities on individual policies 3571500
Overdue and accrued interest on bonds in default 1890278
Total not admitted assets 6937597
Admitted assets Life Department 5432061431
Admitted assets Accident Department 397388219
Total admitted assets 5829449650
Liabilities
Net amount of unpaid losses and claims 21045226
Reserves or unearned premiums on risks outstanding 4737728200
Dividends to policyholders declared but unpaid 227782
Salaries and miscellaneous accounts due or accrued 1646395
Taxes due or accrued 24400000
Other items
Dividends payable to policyholders during 1921 100356377
Set aside for payment of future deferred dividends 310240500
All other liabilities 129368039
Total amount of liabilities except capital
Life Department 5323012519
Accident Department 221450580
Capital actually paid in cash 150000000
Surplus over all liabilities
Life Department 79048912
Accident Department 134986551
Surplus protection to policyholders 284986551
Total liabilities Life and Accident Departments 5829449650
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 26579678700
Issued revived or increased during year 10459580400
Sum 37039259100
Deduct ceased to be in force during year 1998364000
In force December 31st 1920 35040895100
Total 35040895100
Business in Georgia
Ordinary
In force December 31st 1919 691375800
Issued revived or increased 291949000
Sum 983324800
Deduct ceased to be in force during the year 106519900
In force December 31st 1920 876804900
Total 876804900
Net losses paid during year 7560800
Net losses incurred during year 7264300
Investments in Georgia
Mortgage loans 150000
Policy loans 13689983
Total investments in Georgia 13839983
PAN AMERICAN LIFE INSURANCE COMPANY
13th Floor Whitney Building New Orleans La
Crawford H Ellis President James E Woodward Secretary
Attorney for service in GeorgiaA J Shropshire Ji Atlanta Ga
Kinds of business done in GeorgiaLife InsTOance
Amount of paidup capital 100000000
Ledger assets Dec 31st 1919 724335953
Extended at 724335953MKS9i
378
Ammal Report
Income
Gross premiums on new business 305268677
Deduct amount paid for reinsurance and return pre
miums 16892012
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Other sources
Borrowed money
Supplementary contracts not involving life contin
gencies
Dividends and coupons left to accumulate at in
terest
Miscellaneous
2
47500000
1873600
9688371
2912643
88376665
42548246
2501651
61969614
Total income 395396176
Carried forward 1119732129
Disbursements
Net amount paid policyholders for losses 47797961
Legal and administrative expenses in adjustment of claims 101445
Commissions and allowances to agents
a First year 68231869
b Renewal 10412274
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends and coupons
Loss on sale and decrease by adjustment of assets
Other items
Borrowed money repaid
Dividends to stockholders
Taxes 8558347 18716144
Examiners fees and cost of inspection
Compensation of managers agency supervision and
branch office expenses
Miscellaneous
475000
10000000
27264491
8317828
13047061
13905451
78644143
14648270
1442830
7014955
11271233
3029054
120044831
Total disbursements 283994722
Balance 886787407
Ledger Assets
Mortgage loans first lien 525899273
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Collateral loans
Premium notes on policies in force
Bills receivable
Furniture and fixtures e
Automatic premiums liens
Miscellaneous
525899273
154972244
9292100
32500
36086793
1200000
7979951
86388506
6838192
68319
4506972
1904414
568143
100274546
20044749
237360
Total ledger assets as per balance No 23 835737407
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Net amount of uncollected and deferred premiums 21074672
Refunds due from other companies 889916
Due from other companies for losses on policies re
insured 400000
Miscellaneous 404440
22769028
Total assets 878788544Insurance Department of Georgia
379
Deduct Assets Not Admitted
Agents balances 5
Bills receivable
Other items
Furniture fixtures and safes
Premium notes policy loans etc
Book value of bonds and stock over market value
Total not admitted assets
Total admitted assets
8348144
68319
4590768
576517
5042100
18625848
860162696
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Persistency bonus funds
Coupons on deposit
Mercury Reins Company res account
Special contracts
Surplus apportioned for contingencies not other
wise provided for
Lnearned interest and rent paid in advance
Miscellaneous
6947787
148298843
96872
661048
4690000
16286763
30038673
5485874
75154
4839175
1230819
1609168
59565626
Total amount of liabilities except capital
Capital actually paid in cashS SSSSI
Surplus over all liabilities 39902520
Surplus protection to policyholders
Total liabilities
Business in Force Life Insurance Companies
720260176
139992520
860162696
In force December 31st 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Ordinary
6525045900
3353635700
9878681600
1142823100
8735858500
Business in Georgia
Ordinary
In force December 31st 1919 i42nooo
Issued revived or increased ZZ sjSoo
DUemuctcTasedtoFeTnTorceduring the year niMfm
In force December 31st 1920 5 Ht 22
Net losses paid during year
Net losses incurred during year
Investments in Georgia
Mortgage loans I oiUOO
4046258
Policy loans
Total investments in Georgia
28173400
PENN MTJTUAI 1IPE INSURANCE COMPANY
Sixth and Walnut Streets Philadelphia Pa
r w ii0 President Svdney A Smith Secretary
GerSttfornerforseviceaein GeorgiaHenry CBagley Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Ledger assets December 31 1919 20028534919
Extended at
20028534919
Income
Gross premiums on new business 29487l45l2
Gross renewal premiums
380
Animal Report
Deduct amount paid for insurance and return
Premiums
2201260
Total premiums
Interest and rents
Profits on sale or increase by adjustment of aVsVts
Other sources
Consideration for supplementary contracts in
volving life contingencies t
Consideration for supplementary contracts not
involving life contingencies 1111 279 51
Dividends left with the Company to accumulate
at interest 62
Bonuses on mortgages etc 3352580
l69845
65320650
45676113
1654702
9768223
All other items
18676707
Total income
4814310861
Carried forward
Disbursements
Xm amount paW Pdieyholders for losses and matured endow
Legal and administrative expensesin adTustmintof cTairns
Commissions and allowances to agents
h RLTar 258080363
b Renewal 181331809
24S42S45780
83122011
574156
Commuted renewal commissions
Salaries of officers and employes
Rests and interest13
Advertising printing postage telegrams etc
Paid policyholders for dividends and interest on instalment
policies g
Loss on sale and decrease by adjustment of claimsII
Other items
Annuities involving life contingencies 60823605
Surrender values 3762Si107
Paid for supplementary contracts not involving
life contingencies 614914 99
Taxes 79464860
All other disbursements 96590533
39412172
19350525
93923 11
21925776
23677663
50881173
63582917
6746527111
Total disbursements 34711025 1
Hit lance 21371743i8
Ledger Assets
Book value of real estate 200603411
82604o5053
8901603409
50906000
156167 s
176169290
5477137
Mortgage loans first lien
Ponds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Collateral loans 91675000
Policv loans and premium notes 3680293092
Bills receivable 2999905
All others 49293
3775017290
Total ledger assets as per balance No 23213717432
NonLedger Assets
Interest and rents due and accrued 3
Net amount of uncollerted and deferred premiums 5
26107414
18143760
Total assets 2221599 1442Insurance Department of Georgia 381
Deduct Assets Not Admitted
Agents balances 5477137
Bills receivable 2999905
Other items
Book value of ledger assets over market value 544649077
Interest accrued on bills receivable 73764
Total not admitted assets 1 553199883
Total admitted assets21662794559
Liabilities
Policy claims JIHKSS
Reserves to mature policy contracts 1918584 iui
Reserve for mortality asset and real estate fluctuation and
other contingencies ifiiiJfSe
Dividends to policyholders declared but unpaid 149087405o
Salaries and miscellaneous accounts due or accrued 53bd4
Taxes due or accrued 988099
Other items
Unearned interest and rent paid in advance 42149059
Premiums paid in advance 2126407b
Dividends left with the Company to accumulate
at interest uvJli
All other items H6tyuai 49g572353
Total amount of liabilities except capital 21662794559
All other funds assigned to liabilities as above
21662794559
Total liabilities
Business in force
Ordinary
In force December 31 1919 gSllnOO
Issued revived or increased during year l0
Sum Q441340 00
Deduct ceased to be in force during yearIoKSoMStIoo
In force December 31st 1920 v
Business in Georgia
v 101a 4520982600
In force December 31st 1919 00
Tssued revived or increased 53j05186500
orirtSwtooiH 4919ol9oo
In force December 31st 1920 517 654 00
Net losses paid during year 496973 74
Net losses incurred during year
Investments in Georgia
83984000
Bonds 682673514
Mortgage loans 650000
Collateral loans 2 162 417 13
Policy loans
Other items 56870000
Premium notes
1040419227
Total investments in Georgia
PHOENIX MUTUAL LIFE INSURANCE COMPANY
79 Elm Street Hartford Conn
r Harry E Johnson Secretary
John M Hoteombe PresWent AHf ac Atlanta Ga
Atfl of fusils done in GeorgiaLife nsurance
Ledger assets Dec 31st 1919
5077646785
Extended at
Income
3t 2 378 100 73
Gross premiums on new business 790494732
Gross renewal premiums 382
Annual Report
Deduct amount paid for insurance and return pi
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other items
Supplementary contracts with life contingency
Supplementary contracts with no life contingenev
21873872
Dividends left with Company to accumulate at interest
juarantee of manufacturing loans
Manufacturing Loan Companies
Corporation tax overpayment 1909
Reserve on policies deposited with company
Agents balances previously charged oft
1006430933
269758111
21903300
144293 42
13913488
48405215
10650
248840
583921
5056807
931697
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Degal and administrative expenses in adjustment of claims
Commissions and allowances to agents
First year 81698837
43145586
1381672204
b Renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Doss on sale and decrease by adjustment of asset
Other items
Furniture i
Taxes 10620864 21606143 II
Agents allowances medical and inspection fees
Manufacturing Doan Commissions and expenses
Miscellaneous and other expenses
Annuities surrender values and supplementary
contracts 113530549
6459318989
377635948
556188
124844423
40310273
6656848
12045075
150618747
32205582
4754515
32227007
47635648
2773785
9964402
210885906
Total disbursements
Balance
955758990
Dedger Assets
Book value of real estate
Mortgage loans first lien 31394943 34
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net Z
Other items
5503559999
235000000
3139494334
1238895490
43960000
990261
90251181
2203612
Doans made to policyholders 7 504 49 T
Premium notes III 3 19208
Premiums reported under Soldiers and Sailors and
Sailors Relief Act 27 00
752765121
Total ledger assets as per balance No 23 t
NonDedger Assets
Interest due and accrued
Market value of assets over book value I
Other items
Net amount of uncollected and deferred premiums
Total assets
5503559999
116016977
12479245
94689386
Deduct Assets Not Admitted
Agents balances
Other items
Overdue and acrrued interest on bonds in default
Total not admitted assets
Total admitted assets
5726745607
2244283
7608333
9852616
5716892991Insurance Department of Georgia
383
Liabilities
Net amount of unpaid losses and claims J2SS12
Reserves or unearned premiums on risks outstanding bUizia5
Dividends to policyholders declared but unpaid onoi 2a
Salaries and miscellaneous accounts due or accrued lonnnnnn
Taxes due or accrued 19Uuuuuu
Other items
Installment claims liability 2iHif22
Premiums paid in advance and unearned interest 203bllb9
Sundries
Equalization and fluctuation funds l7l8bw
2bblOb4DD
Total liabilities 5716892991
Business in Force Life Insurance Companies
Ordinary
In force December 31 1919 253 349443
Issued revived or increased during year SiA nYo oJq
ttim olU91s49
IssuedTrevived or increased during year5TSISS
In force December 31st 1920 294348813
Business in Georgia
Ordinary
In force December 31st 1919 HfH
Issued revived or increased JSfSISi
gum 5551979U
Deduct ceased to be in force during the year HT21222
In force December 31st 1920 51IH25 11
Net losses paid during the year gIqqg
Net losses incurred during year btsiiyb
Investments in Georgia
Bonds 28148675
Mortgage loans 222
Policv loans 1934bJ97
Other items oOQSMq
Premium notes uia
Total investments in Georgia 25032928o
THE PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY
725 Broad Street Chattanooga Tenn
Robt 1 Maclellan President W C Cartinhour Secretary
Amount of paidup capital 20000000
Ledger assets December 31 1919 6413022
Extended at 64130272
Income
Gross premiums on new business 23995243
Gross renewal premiums 17046589
Deduct amount paid for insurance and return
premiums 76408b
Total premiums 42nAcoq
Interest and rents 300o
Other items 71 nfi
Receipts accident and health department 1jMdUiua
180413981
Total income r
j 244544253
Carried forward
Disbursements
Net aount paid policyholders for losses 5880837
Commissions and allowances to agents
a First year irsIr
b Renewal 1633838
Salaries of officers and employes lMlTB
Rents and interest
384
Animal Report
Advertising printin
Other items
State federal and other taxes
General home office expenses
Disbursements A
Total disbursements
Balance
postage telegrams etc
1047123
956437
H department l242llo87
Ledger Assets
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
A H premiums in course of collection qs tsa i
Premium notes and loans
Furniture and fixtures LZ 1717627
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Bank deposits
Uncollected and deferred premiums
Total assets
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Furniture and fixtures
Premium notes and loan excess
Bond premiums
Total not admitted assets
Total admitted assets
1388128
47969
1717527
271309
1007169
Liabilities
Net amount of unpaid losses and claims j
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Accident and health total liabilities
Total amount of liabilities except capitalI
Capital actually paid in cash 200000 00
7313107
54415
126214647
157307272
S7236981
21685000
41304905
16000
6188878
774419
1081568
16186211
S7236981
953S10
13153
4621963
92S25907
4432102
88393805
850000
32220977
370747
471731
27167243
61080698
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities Z
Business in force
In force December 31 1919 g
Issued revived or increased during year c
27313107
Sum
Deduct ceased to be in force during year 2
In force December 31st 1920 I j2
Business in Georgia
In force December 31st 1919 107
Issued revived or increased 68
Sum
Deduct ceased to be in force during the year
8S393805
dinarv
05960400
98752700
04713100
31740500
72972600
175
48
13025000
11700000
24725000
5170000Insurance Department of Georgia 385
In force December 31st 1920 197 mrcn
xet losses incurred during year loHo
Premiums in Force Miscellaneous Companies
In force December 31 1919 n
wmtenor renewed during year JQlilil
Deduct ceased to beinforcTduring year luelSol
In force December 1st 1920 ieen
Deduct amount reinsured iil721
Xet premiums in forceIZZZZZZZi sIImIsi
Business in Georgia During 1919
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
Accident and health 9136045 4245863
Totals 9136045 4245863
Investments in Georgia
Mortgage loans 2120000
Total investments in Georgia 21200 09
PROVIDENT LIFE AND TRUST COMPANY OF PHILADELPHIA
Northwest Corner of Fourth and Chestnut Streets Philadelphia Pa
Asa S Wing President Tonnoi r a h
t Kinds of business done in GeoaLife Ashtn Secret
9945229483
Ledger assets Dec 31st 1919
Extended at
9945229483
Income
Gross premiums on new business t 570771001
Gross renewal premiums IZ 15 17664745
Total premiums
Interest and rents 1897436426
Profits on sale or increase by adjustment of assets 119 Kq2ss
Other sources iiyoyyae
Consideration for supplementary contracts involving life con
tingencies 8 Lu
Consideration for supplenmentary contracts nofinvolvingTife
contingencies B 11Ie
Dividends left with the Company to accumulate atintereit
Refunds of expenses incurred in previous years
1779511
20841680
5187532
109728
Total income
Carried forward
2467650934
12412880417
Disbursements
Net amount paid policyholders for losses 7it
Legal and administrative expenses in adjustmentsclaims 9is
Commissions and allowances to agents S9185
b Renlwal 126033617
o Kenewal 99166371
Salaries of officers and employes 21ok2S
Rents and interest acIna o
Advertising printing postage telegramsetc is on
Paid policyholders for dividends r ioixHi
Loss on sale and decrease by adjustment of assets Jl finfi7
Other items uvxcaio
Surrender values 209281522
Annuities 154 301 54
Medical fees and inspection of risks 146714 49
Taxes and fees 55972o06k
386
Animal Report
Miscellaneous71365508
Total disbursements 1645758483
Balance 10767121934
Ledger Assets
Book value of real estate 81971585
Mortgage loans first lien 2101994093 other than first lien 328
00000 ground rents 4235166 21390292o9
Bonds at book value oSikski
Deposits at interest J345S764
Other items
Collateral loans 444371215
Policy olans 133993Hn
Premiums reported to War Risk Insurance Bureau b3380
Premium notes175
Total ledger assets as per balance No 2310767121934
NonLedger Assets
Interest and rents due and accrued iSfelil
Market value of assets over book value 291830842
Other items nazncne
Net amount of uncollected and deferred premiums 2bl50549b
Sundry payments made in advance 6499939
Total assets 11479969469
Total admitted assets 11479969469
Liabilities
Net amount of unpaid losses and claims jijinonn
Reserves on risks outstanding 410558359200
Dividends to policyholders declared but unpaid 307864702
Salaries and miscellaneous accounts due or accrued 3913893
Taxes due or accrued 47143962
Other items
Including special reserve for possible taxes in 1921 434108
Total amount of liabilities except capital 11192146162
Capital actually paid in cash 2000O000
Surplus over all liabilities 87823307
Surplus protection to policyholders 287823307
Total liabilities 11479969469
Business in Force Life Insurance Companies
Ordinary
Tn force December 31st 1919 468242072011
Issued revived or increased during year10462100700
Sum 57286307900
Deduct ceased to be in force during year 3785912600
In force December 31st 192053500395300
Total 53500395300
Business in Georgia
Ordinary
In force December 31st 1919 467326300
Issued revived or increased 322132100
Sum 789458400
Deduct ceased to be in force during the year 98738400
In force December 31st 1920 690720000
Total 690720000
Net losses paid during year 200OTJ00
Net losses incurred during year 2000000
Investments in Georgia
Bonds estimated 483000
Mortgage loans 243800
Policy loans 30256
Total investments in Georgia estimated 75705600Insurance Department of Georgia
387
THE PRUDENTIAL INSURANCE COMPANY OP AMERICA
755 to 769 Broad Street Newark N J
Forrest F Dryden President Willard I Hamilton 2nd V P and Secretary
Attorney for service in GeorgiaJ M Skinner Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 2 000 00000
Ledger assets Dec 31 1919 58303487244
Extended at 58303487244
Income
Gross premiums on new business Ordinary 14 579 146 27
Gross renewal premiums Ordinary 54973 099 75
Deduct amount paid for reinsurance 79407 76
Industrial premiums 99 57508166
Total premiums 169 047 919 0
Interest and rents ZilZT 2907482975
Profits on sale and increase by adjustment of assets 46450262
Other sources
Consideration for supplementary contracts involving life con
tingencies 66 6gl
Consideration for supplementary contracts not involving life
contingencies 1
Dividends left with Company to accumulate at interest 571fin9
Dividend returned to Company for distribution to policy
holders on par value of capital stock of the Company pur
chased pursuant to the provisions of Chapter 99 of the laws
of New Jersey for the year 1913 and assigned to Austen
Colgate trustee for the policyholders of the Company 330 704 06
Conscience fund 2792
Exchange premium on New York funds transferred to Can
ada etc 1573992
Total income 520015862407
Carried forward 78319349651
Disbursements
Net amount paid policyholders for losses Matured endowments
annuities and surrender values 51 253 290 9S
Legal and administrative expenses in adjustment of claims 56542 25
Commissions and allowances to agents
a First year Ordinary 494146444
b Renewal Ordinary 220o23826
c Industrial 18i576l4924
2571785194
Salaries of officers directors trustees and em
ployes branch office expense medical examiners fees and
inspection of risks 13 509 742 sg
Rents l494l7l50
Advertising printing postage telegrams etc 113097365
Paid policyholders for dividends 12424406l7
Loss on sale and decrease by adjustment of assets 49322763
Other items
Commuted renewal commissions paid for claims on supple
mentary contracts not involving life contingencies 977 73096
Dividends and interest thereon held on deposit surrendered
during the year 381040
Paid stockholders for interest or dividends 35000000
Legal expense 6os82l7
Furniture fixtures and safes 10335223
Repairs and expense other than taxes 687S6886
Taxes on real estate 58fll2l79
State and provincial taxes on premiums 239766463
Insurance department licenses and fees 6487685
Federal tax 73595620
All other licenses fees and taxes
State excise taxes 5393710
a New Jersey State tax on surplus 20141913i mi
388
Annual Report
b Municipal taxes and licenses
c City and county taxes on premiums
d Local licenses and privilege taxes
e Provincial taxes on interest receipts
f Canadian war tax
Law library
Expense of annual audit by public accountants
Expense of examination by New Jersey State
Department
a Sundry general expenses includes contribu
tions of 1095646 toward expenses of The
Association of Life Insurance Presidents of
Which 13192 was disbursed by them for legal
expenses and 246327 for legislative ex
penses
b Premiums on surety bonds
c Investment expense account
d Legislative expenses
e Service retirement and insurance allowances
paid and payments made to disabled home
office and field employes
f Expenses on account of service disability al
lowances
g Business conferences
h Expense in connection with mutualization of
Company
1226326
721171
535002
32689
99452
101560
2100000
274575
31792140
260343
18208829
575977
35732012
119855
19664885
250176
137230715
Total disbursements 11351947604
Balance 66967402047
Ledger Assets
Book value of real estate 1818810372
Mortgage loans first lien 19850826217
Bonds at book value 39135350290
Stocks at book value 370558037
Cash in office and in transit 39211185
Deposits at interest per schedule E 772513552
Deposits not at interest 70929847
Agents balances net 974187
Other items
Par value of capital stock of the Company purchased pur
suant to the provisions of Chapter 99 of the laws of New
Jersey for the year 1913 and assigned to Austen Colgate
trustee for the policyholders of the Company 188973750
Loans secured by pledge of bonds stocks or other collat
eral 4615910760
Premiums advanced under Soldiers and Sailors Civil Relief
Act 143850
Total ledger assets as per balance No 23 66967402047
NonLedger Assets
due and accrued
Interest and rents
Other items
Due from other Companies for losses and claims on policies
of the Company resinsured dividend to be returned to
Company for distribution to policyholders on par value of
capital stock of the Company purchased pursuant to the
provisions of Chapter 99 of the laws of New Jersey for the
vear 1913 and assigned to Austen Colgate trustee for the
policyholders of the Company Dividend declared December
13 1920 payable and paid January 3 1921 to stockholders
ot record December 31 1920 and returned to Company by
trustee January 3 1921
Net amount of uncollected and deferred premiums 11
Supplies stationery printed matter furniture safes and law
library
917945512
37794749
65876204
6995672
Grcss asse
ts 6909601418 4Insurance Department of Georgia
389
Deduct Assets Xot Admitted
Agents balances s
Other items
Par value of capital stock of the Company purchased pur
suant to the provisions of Chapter 99 of the Laws of New
Jersey for the year 1913 and assigned to Austen Colgate
trustee for the policyholders of the Companv
Supplies stationery printed matter furniture fixtures safes
and law library
Premium notes policy loans and other policy assets in excess
of net value and other policy liabilities on individual pol
icies
Book value of real estate over market value
Book value of ledger assets over market value
viz bonds and stocks
9741
1889
69
3750
95672
28688
78217590
188094045
Total not admitted assets 463283932
Total admitted assets68632730252
Liabilities
Net amount of unpaid losses and claims including claims in
process of adjustment or adjusted and not duei
Reserves on risks outstanding
Dividends declared but not yet due payable in 1921
Apportioned to the credit of deferred dividend policies payable
after 1921
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Present value of amounts not yet due on supplementary con
tracts not involving life contingencies
Present value of amounts incurred but not yet due for total
and permanent disability benefits
Due and unpaid on supplementary contracts not involving
life contingencies
Dividends left with company to accumulate at interest and ac
crued interest thereon
Premiums paid in advance including surrender values so
applied
Unearned interest and rents
Unpaid dividends to stockholders
Reserve for service insurance allowances home office and
field employees
Surrender values due and unpaid
Premium over the par value of the capital stock of the com
pany not yet purchased for the policyholders
Deposits to secure rent under lease and accrued interest
thereon
Extra war premiums to be refunded
Total amount of liabilities except capital65542639156
Capital actually paid in cash 200000000
Surplus over all liabilities 2890091096
282830652
61999002200
1212481400
520927683
65879172
49861158
545205976
287455290
45449000
238043
9208965
258614666
122259168
40000000
13562300
103915
89312625
220862
26081
Surplus protection to policy holders 3090091096
Total liabilities 68632730252
188973750 par value of the capital stock of the Company has been pur
shased pursuant to the provisions of Chapter 99 of the laws of New Jersey
for the year 1913 and assigned to Austen Colgate Trustee for the policy
holders of the Company
Business in Force Life Insurance Companies
Ordinary
Including group
insurance
In force December 21 1919 194760530600
Issued revived or increased during year 51981266000
Sum 246741796600
Deduct ceased to be in force during year 16623832300
In force December 31st 1920 230111964300
Industrial
248340252600
51296313500
299636566100
20146353000
279490213100Ha
Annual Report
Business in Georgia Ordinary
Including group
Insurance
01 1Q10 2469081000
In force December 31st 1919 4650 904 00
Issued revived or increased ZZZZZZZZZ 2934171400
DemucrcTasedTobeTnToVcTlfuHnlFlhV7eVrZ 27753l440
In force December 31st 1920 tt qpssifi 39
Net losses and matured endowments paid during year 4l S5639
Net losses and matured endowments incurred during year 32185639
Investments in Georgia
623600412
Bonds 724573388
Mortgage loans 155597100
Policy loans
Other items 587629
Cash in Georgia banks
Total investments in Georgia 1504358529
RELIANCE LIFE INSURANCE COMPANY OF PITTSBURGH
Fifth Avenue and Wood Street Pittsburgh Pa
James H Reed President n T H GU S1StaVteCretary
Kinds of business done in GeorgiaLife Accident and Health
Amount of paidup capital a iR9S2cn
Ledger assets Dec 31st 1919 1050419960
Extended
at 1050419960
Income
Gross premiums on new business 2ioSon
Gross renewal premiums 376622380
Total premiums 65J59
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
From Accident and Health Department
Other income
56603086
2277195
45805093
7347147
Total i
Carried
727628580
forward 1778048540
Disbursements
Net amount paid policyholders for losses
Legal and administrative expense in adjustment of claims
Commissions and allowances to agents
a First year 167956658
b Renewal 1978919
87020516
16863
etc
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams
Paid policyholders for dividends
Loss on sale an ddecrease by adjustment of assets
Other items
Accident and Health Department
Other disbursements
36012308
78593415
187744577
17570877
3016825
7727704
29524574
342348
114605723
disbursements 4
47570007
Total
Balance 1330478533
Ledger Assets
Book value of real estate
Mortgage loans first lien 104348188 1
Bonds at book value 9
Cash in office
Deposits at interest
Deposits not at interest
Other items
Loans to policyholders
15874386
04348188
30373110
1401000
53872332
536760
02361466Insurance Department of Georgia
391
Outstanding Accident and Health premiums 9884118
Total ledger assets as per balance No 23 1330478533
T A NonLedger Assets
Interest due and accrued j87 350 76
Market value ofl assets over book value 3l256 14
Other items
Uncollected and deferred premiums 683 555 54
Office furniture and fixtures 9008040
Total assets 1429702817
Deduct Assets Not Admitted
Agents balances 10438571
Bill receivable 20 014 14
Other items
Furniture fixtures and safes 9008040
Total not admitted assets 21448025
Total admitted assets 1408254792
Liabilities
Net amount of unpaid losses and claims 40 689 76
Reserves or unearned premiums on risks outstanding 12028592 98
Dividends to policyholders declared but unpaid 19439705
Salaries and miscellaneous account due or accrued 8130937
Taxes due or accrued 60626 00
Other items
Accident and Health Department 19740780
Dividends at interest 15375516
Other liabilities 2705341
Total amount of liabilities except capital 1276583153
Capital actually paid in cash 100000000
Surplus over all liabilities 31671639
Surplus protection to policyholders 131671639
Total liabilities J 1408254792
Business in Force Life Insurance Companies
Ordinary
In force December 31 1919 13707906000
Issued revived or increased during year 7275855400
Sum m20983761400
Deduct ceased to be in force during year 1356552900
In force December 31st 1920 19627208500
Total 20983761400
Business in Georgia
Ordinary
In force December 31st 1919 541668700
Issued revived or increased 256640000
Sum 798308700
Deduct ceased to be in force during the year 81460900
In force December 31st 1920 716847800
Net losses paid during year 6799981
Net losses incurred during year 6799981
Premiums in Force Miscellaneous Companies
In force December 31st 1919 Acident and Health 36006771
Written or renewed during year 63874112
Sum 99880883
Deduct ceased to be in force during year 39344641
In force December 31st 1920 6053T742
Deduct amount returned 26969381
Net premiums in force 33566859
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 733268 294587
Health 378936 315967
Totals 1112204 610554392
Annual Report
RESERVE LOAN LIFE INSURANCE COMPANY
429 N Penn St Indianapolis Indiana
Chalmers Brown President G L Stayman Secretary
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 10000000
Ledger assets Dec 31 1918 443693602
Extended at 443693602
Income
Gross premiums on new business 91158359
Gross renewal premiums 92145911
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Dividends left with co to accumulate at int 90233 consid
eration for sup contracts not life cont 71800
Policy coupons 3434257 profit from dis on pol cane 143525
survivorship surplus 309934 profit from s s 15856 part
pmt on voided notes 7556 profit from cont s d fund 7931
sav dist fund 196609 policy tax collected from agts 24488
183304270
29775012
7304
16183
4132600
Total income 217381019
Carried forward 661074621
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 44160938
b Renewal 3687224
etc
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Surrender values
Medical and inspection fees
Other disbursements
48817706
5910943
9067858
25769649
135024
47848162
10565545
1200000
2427765
717864
55504
63787507
Total disbursements 152507020
508567601
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Loans made to policyholders on this co s policies
assigned at collateral 105ISM
Prem notes on policies in force
War saving cert 111750 V S treas cert of in
debtedness 2000000
2232905
2111750
10208935
352945100
22291136
50366
11182864
1673896
110215304
Total ledger assts as per balance Na 23 508567601
NonLedger Assets
Interest due and accrueed 9938118
Other items
Uncollected and deferred premiums 15071457Insurance Department of Georgia 393
Unearned Fire insurance premiums 3759
15075216
Total assetes 5335809
Deduct Assets Not Admitted
Agents balances n
Other items 2097546
Premium notes policy loans and other policy assests
In excess of net value and of other policy liabil
ities on individual policies 1949471 Book value
of bonds over market value 408664 2358135
Total not admitted assets 445568
Total admitted assets 529125254
Liabilities
Net amount of unpaid losses and claims 50 ino
nfvMf T uneaed premiums on risks outstanding 4 58330025
Dividends to pohcyholders declared but unpaid 99162S
Salaries and miscellaneous accounts due or acrued 748q6fi
Taxes due or acrued ornnnnn
Other items 3500000
All other liabilities 3269480
Total amount of liabilities except capital 5 non 7rs 9n
Capital actually paid in cash io66ooOQ tUU75SiU
Surplus over all liabilities 17049434
Surplus protection to pohcyholders 27049434
Total liabilities 529125254
Business in Force Life Insurance Companies
O r cl i n t v
In force December 31 1919 4013893300
issued revived or increased during year 19 431 716 00
Sum 5957064900
Deduct ceased to be in force during year 9 437 374 00
In force December 31st 1920 50133275oo
Business in Georgia
In force December 31st 1919 1 640 681 00
Issued revived or increased 885 482 00
Sum 2526l6300
Deduct ceased to be in force during the year 496 865 00
In force December 31st 1920 2029298oo
Investments In Georgia
Mortgage loans 49605000

SECURITY MUTUAL LIFE INSURANCE COMPANY
Cor Court and Exchange Sts Binghampton N Y
D S Dickenson President c A LaDue Secretary
Kinds of business done in GeorgiaLife
Ledger assets Dec 31 1919 976970677
Extended at 976970677
Income
Gross premiums on new business 33713261
Gross renewal premius 179202089
Deduct amount paid for insurance and return
premiums 1746351
Total premiums 221168999
Interest and rents 51608882
Profits on sale or increase by adjustment of assets 497331
Other sources
Increase agents due bills 152650
394
Annual Report
Considerations supplementary contracts not involv
ing life contingencies 1097276
Dividends left with Co to accumulate at interest 431962
1681888
Total income 274957100
Carried forward 1251927777
Disbursements
Net amount paid policyholders for losses and matured end 70310526
Legal and administrative expenses in adjustment of claims 91342
Commissions and allowances to agents
a First year 13239574
b Renewal 11619523
Salaries or officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of asests
Other items
Annuities premium notes and surrenders
Claims supl contracts
Agency supervision
Medical examination and inspection
Legal
Repair and Bxp R E
Tax R B
Tax on premiums
Insurance department lie and fees
Federal tax
All other licenses and fees
Other disbursements
24859097
17676917
3950458
2778768
6572830
2778147
23472678
461215
8706051
3293289
25405
3108754
1771400
3295756
341650
783159
79576
1915220
47837963
Total
disbursements 176856048
1075071729
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits notat interest
Agents balances net
Other items
Premiums reported soldiers and sailors civil relief account
Premium notes on policies in force
Loans to policyholders
74357007
383610280
397609869
2635000
526327
20810355
5481603
1242702
3869
6975336
181819381
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Net amount uncollected and deferred premiums
1075071729
23048054
11842993
27732955
Total assets
Deduct Assets Not Admitted
Agents balances
Other items
Premium notes etc in excess of net value
Overdue and accrued interest on bonds in default
Book value stocks and bonds over market
Total not admitted assets
1137695731
1251595
1670233
125000
1505528
4552356
Total admitted a
ssets 1133143375Insurance Department of Georgia
395
Liabilities
Net amount of unpaid losses and claims 5795172
Reserves or unearned premiums on risks outstanding 1049990613
Dividends to policyholders declared but unpaid 13543581
Salaries and miscellaneous accounts due or accrued 34920 52
Taxes due or accrued 5000000
Other items
Present value amount due supplementary contracts 4732868
Liabilities on policies cancelled 2820689
Dividends left to accumulate 3782584
Premiums paid in advance 511061
Unearned interest and rent paid in advance 2054761
Cr ace early policies 29785
Due bills outstanding 741194
14672888
Total amount of liabilities except capital 1092494304
Surplus protection to policyholders 40649071
Total liabilities 1133143375
Business in Force Life Insurance Companies
Ordinary
In force December 31 1919 6365660800
Issued revived or increased during year 961886300
Sum 7327547100
Deduct ceased to be in force during year 602305800
In force December 31st 1920 6725241300
Business in Georgia
In force December 31st 1919 216761900
Issued revived or increased 22369400
Sum 239131300
Deduct ceased to be in force during the vear 21813900
In force December 31st 1920 217317400
Net losses paid during year 3131792
Net losses incurred during year 2900000
Investments in Georgia
Bonds 3564776
Mortgage loans 8582100
Policy loans 11951430
Other items
Bank deposits 136650
Total investments in Georgia 24234956
THE SOUTHERN INSURANCE COMPANY
800 Church St Nashville Tenn
R B Dannell President Will G Harris Secretary
Attorney for service in GeorgiaJ T Wilkerson Atlanta Ga
Kinds of business done in GeorgiaIndustrial and Intermediate Life Insurance
Amount of paidup capital 10384000
Ledger assets Dec 31 1919 29677750
Extended at 29677750
Income
Gross premiums on new business 524679
Gross renewal premiums 535633
Industrial life premiums 44987998
Total premiums 46048310
Interest and rents 158085T
Other sources
Lost policy fees 1080
Miscellaneous income 114555
Net increase agents bond deposit account 173700
Gross increase by adjustment real estate pernn
396
Annual Report
schedule A 500000
789335
Total income 48418502
Carried forward 78096252
Disbursements
Net amount paid to policyholders for losses 10214334
Surrender values paid in cash 37035
Commissions and allowances to agents
a First year 259095 Renewal 48860 307955
b Salaries supts asst supts and agents 22628833
22936788
Salaries of officers and employes 2115496
Rents and interest 414474
Advertising printing postage telegrams etc 817953
Loss on sale and decrease by adjustment of assets 135000
Other items
Compensation to agents not by Commissions 1496228
Agency supervision and traveling expense 722613
Medical examiners fees 718750
Legal 67544
Federal tax 153598
Insurance departments 19700
Municipal tax 306593
All other disbursements 486832
3970858
Total disbursements 40642938
Balance 37453314
Ledger Assets
Book value of real estate 7155748
Mortgage loans first lien 10762500
Bonds at book value 12246175
Cash in office 74925
Deposits at interest 3750000
Deposits not at interest 2146697
Agents balances net 59538
Other items
Loans to policyholders 125152
Premium notes 43913
Automobile 48000
Personal accounts 3000
Citizens Bank Trust Co 196070
Furniture and fixtures 710914
War saving stamps 133682
1257731
Total ledger assets as per balance No 23 37453314
NonLedger Assets
Interest due and accrued 135032
Market value of assets over book value 2094252
Other items
Net amount of uncollected and deferred premiums 209390
Industrial premiums for last week of the year 504701
Unearned fire insurance premiums paid in advance 95022
809113
Total assets
Deduct Assets Not Admitted
Agents balances 59538
Other items
Citizens Bank and Trust Co 193070
Furniture and fixtures 710914
Auto 48000
Personal accounts 3000
Book value bonds over market value 799175
Total not admitted assets
Total admitted assets
40491711
1813697
38678014Insurance Department of Georgia 397
Liabilities
Net amount of unpaid losses and claims 240000
Keserves 237v 7
Salaries and miscellaneous accounts due or accrued i79i
Taxes due or accrued Vnnti
Other items 350000
Premiums paid in advance 2 614 41
Agents bond deposit 398060
659501
Total amount of liabilities except capital 250 321 26
Capital actually paid in cash 103 840 00
Surplus over all liabilities 32618 8S
Surplus protection to policyholders 13645888
Total liabilities j 38678014
Business in Force Life Insurance Companies
In force December 31 1919 ImloO
Issued revived or increased during year 8187 926 00
Sum 145900800
Deduct ceased to be in force during year 3 524 991 nn
In force December 31st 1920 1003401700
THE SOUTHERN STATES LIFE INSURANCE COMPANY
Home OfficeMitylene Ala
General OfficeAtlanta Ga
Wilmer L Moore President Frank Orme Secretary
Attorney for service in GeorgiaWilmer L Moore Atlanta Gr
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 100 000 00
Ledger assets Dec 31 1919 297400012
Extended at 297400012
Income
Gross premiums on new business
Gross renewal premiums
33104206
82491168
Total premiums
Interest and rents
Other sources
Dividends left to accumulate
Old claim rec
Gain on mortgage foreclosure
Gain on sale of bonds
Contg Com
Rent suspense
Premiums loss gain
15595374
16984248
427687
5000
102028
148267
337539
1333699
238246
2592466
Total
income 135172088
Carried forward 432572100
Disbursements
Net amount paid policyholders for losses 23144708
Legal and administrative expenses in adjustment of claims 232523
Commissions and allowances to agents
a First year 25427965
b Renewal 28 24032
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
etc
2825199V
7425772
559123
2332381
3775162
172723398
Annual Report
Other items
Dis premium loss 28427
Surrender value in cash tiiis
Annuity If11
Prize Bonus i
Agency expense looiean
Agency super i ccnln
Medical examination tee Aobi m
Inspection of risks 1ok
Legal expense net claims mki
Real estate expense Ai71
Taxes ZHlHa
Directors Expense io
State examination expense JUnnn
Actural expense oAcfin
Legislative exp lna
Insurance journals Jl
Officers traveling expenses i2
Incidental exp
Inv exp itnoc
Dec in susp ifin
Agents balance charged offD41
13959330
Total disbursements 84160769
Balance 348411331
Ledger Assets
Mortgage loans first lien 1n4
Bonds at book value 483467
Cash in office iioiois
Deposits at interest iicfii
Deposits not at interest i4doooii
Other items
Loans secured ioiuovo
Policy loans auto loans and premium advance loans 115206887
1st year renewal premium notes Inoii a
Furniture and fixtures ono
Bills rec 073
Sundry susp
Rtd cks lSlbia
Personal 19100
personal 141099565
Total ledger assets as per balance No 23 348411331
NonLedger Assets
Interest due and accrued 3139170
Other items 1t9 roc nt
Uncollected and deferred premiums ioioo
Total assets 366809125
Deduct Assets Not Admitted
Bills receivable 73079
Other items
Furniture and fixtures
Sundry susp iwm
Premium notes and loans in excess of net value
of policy 390400
Total not admitted assets 2517041
Total admitted assets 364292084
Liabilities
Net amount of unpaid losses and claims5 3359i92
Reserves or unearned premiums on risks outstanding annuities
Included 7r 9 nn3 w
Dividends to policyholders declared but unpaid oq
Salaries and miscellaneous accounts due or accrued Annnn
Taxes due or accrued iouuuuInsurance Department of Georgia
399
Other items
Dividends left to accumulate at interest 2538673
Premiums paid in advance 448829
Jnterest paid in advance 3278025
Com due agents on payment of notes 705240
Renewal suspense 2460317
9431084
Total amount of liabilities except capital 347156200
Capital actually paid in cash 10000000
Surplus over all liabilities 7135884
Surplus protection to policyholders 17135884
Total liabilities 364292084
Business in Force Life Insurance Companies
Ordinarv
In force December 31 1919 3201373500
Issued revived or increased during year 1150089500
Sum 4351463000
Deduct ceased to be in force during year 373766100
In force December 31st 1920 3977696900
Business in Georgia
In force December 31st 1919 1498363900
Issued revived or increased 497236600
Sum 1995600500
Deduct ceased to be in force during the year 202086200
In force December 31st 1920 1793514300
Xet losses paid during year 13573606
Net losses incurred during year 13823606
Investments in Georgia
Mortgage loans 6678000U
Policy loans 64917400
STANDARD LIFE INSURANCE COMPANY
200 Auburn Ave Atlanta Ga
Herman E Perry President J A Robinson Secretary
Kind of business done in GeorgiaLife Insurance
12500000
57780420
Amount of paidup capital
Ledger assets Dec 31 1919
Extended at 57780420
Income
Gross premiums on new business 38289220
Gross renewal premiums 40372336
Total premiums
Interest and rents
Other sources
Agents bond reserve
Bonds per schedule D
Total income
Disbursements
Net amount paid policyholders for losses
Disability
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 16257941
b Renewal 1174713
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
7866155b
3951295
41973
34125
8268894
9966334
8330
23323
17432654
15175898
323400
2464904
750001400
Annual Report
Premiums notes and liens voided by lapse
Surrender value
Loss on sale and decrease by adjustment of assets
Acturial fees
Miscellaneous
Payment made on liberty bond
Legal expense not included above
Furniture and fixtures etc
Tax on premium
Federal Tax
All other licenses fees and tax
Insurance department fees and license
94793
65500
6023
82908
525SD
4580
00031
95651
53478
65360
19820
42525
Total disbursements 1 49722084
Balance 90747285
Ledger assets
Mortgage loans first lien 42865731
Bonds at book value 32775104
Cash in office 1011761
Deposits at interest W24678
Agents balances net 2092911
Other items
Policy loans to policyholders S15
Premium notes 86822
Bills receivable 112
War Savings Stamp 401630
Total ledger assets as per balance No 23
NonLedger Assets
interest due and accrued on mortgages 967753 bonds 680S25
Other items
Accrued interest on deposits
Net amount of uncollected and deferred premiums new business
5416007 renewals 14733631
9Q7472 85
1648278
44273
20149638
Total assets gross 112589474
Deduct Assets Not Admitted
Agents balances 2092911
Bills receivable 119320
Other items
Premium notes policy loans and other policy assets
assets in excess of net value 843217
Book value of bonds over market value 142187
Total not admitted assets
3197635
Total admitted assets 109381939
Liabilities
Net amount of unpaid losses and claims 1150000
Reserves or unearned premiums on risks outstanding 88786076
Salaries and miscellaneous accounts due or accrued 1043750
Taxes due or accrued 1744326
Other items
Extra reserves for permanent disability 486880
Premiums paid in advance including surrender values 145881
Agents bond reserve 54323
Total amount of liabilities except capital 93411236
Capital actually paid in cash 12500000
Surplus over all liabilities 3480603
Surplus protection to policyholders 15980603
Total liabilities 109391839
Business in Force Life Insurance Companies
In force December 31st 1919
Issued revived or increased during year
Additions
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Ordinary
1372916900
1413575200
18600000
2805092100
818627100
1986465000Insurance Department of Georgia
401
Business in Georgia
Ordinary
In force December 31st 1919 HoH
Issued revived or increased SislnioAn
Sum 767599300
Deduct ceased to be in force during the year JJJ2II2Xa
In force December 31st 1920 577525400
Net losses paid during year 6tiii
Investments in Georgia
Bon3s 16093654
Mortgage loans 3oHn2o
Policy loans 3019761

STATE LIFE INSURANCE COMPANY
State Life Building Indianapolis Ind
H W Bennett President Albert Sahm Secretary
Attorney for service in GeorgiaC B LeCraw
Kinds of business done in GeorgiaLife Insurance
Ledger assets Dec 31st 1919 2137177871
Extended at 2137177871
Income
Gross premiums on new business 150824569
Gross renewal premiums 351996092
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Consideration for supplementary contracts
Dividends left to accumulate at interest
Partial payments on voided notes
Exchange
Agents balances
3630052
4366311
316155
535522
82
02820661
28668025
16090
848122
Total income 640352898
Carried forward 2777530769
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First vear 108800027
b Renewli g9484052
Salaries of officers and employes
Rents Aid interest
Advertising printing postage telegrams etc i
Paid policyholders for dividends
Other items
Other payments to policyholders
Dividends surrendered and payments on supple
mentary contract
Agency and branch office expense
Medical fee and inspections
Taxes 15353328 investments and other expenses
9393572
137112169
387846
138284079
22782851
2539210
6608937
74383653
31267795
2912294
12082682
9929360
24746900
80939031
Total
disbursements 463037776
2314492993
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien 1139854250 11
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
07340863
39854250
91827845
2501154
41576925
2017915mamu
402
Amntal Report
Other items
Bonds held account Soldiers and Saliors Relief 900 00
Policy loans 520532503
Premium notes 8751538
529374041
Total ledger assets as per balance No 23 2314492993
NonLedger Assets
Interest due and accrued 9 9Qt aa
ofhenems6 f 3SSetS Ver bk value T iImIo
Due from other companies for reinsurance 10 000 00
Net uncollected and deferred premiums 34l26445
Unearned insurance premiums 391775
35518220
Total assets 23917i82835
Deduct Assets Not Admitted
Agents balances a c10 0
Other items 3868239
Excess policy assets 14 o9
Book value of bonds over marketZ 10203560
Total not admitted assets LVJT 145 150 40
Total admitted assets 2377267795
Liabilities
Net amount of unpaid losses and claims 1n i9o fiQ
Reserves or unearned premiums on risks outstanding III 20 49422564
Dividends to pohcyholders declared but unpaid 451 69988
yalanes and miscellaneous accounts due or accrued 17369 80
Taxes due or accrued i9cco2
Other items 12868646
Unearned interest i 4fis
Commissions to agents due or accrued 12134856
Medical fees due or accrued io
Mortality and asset fluctuation fund and other con
tmgent liabilities 25410407
51485504
Total amount of liabilities except capital S 21 760 2fifl 71
Surplus over all liabilities t 26i2ilf2i ilJWis011
Surplus protection to policyholders 2 012 417 24
Total liabilities 2377267795
Business in Force Life Insurance Companies
In force December 31st 1919 116 oTim
Issued revived or increased during year IZZZIZnrJjSnMiO
Deduct ceased tobe in7orceduringyear I 1li27snn
Totarce Deceraber 31st 1920 ilffiioo
lotai 14642513700
Business in Georgia
In force December 31st 1919 t nnirKyui
issued revived or increased ZZZZiZZZZT IMtWM
Deduct ceased to be in force during the year 5Qfi87nn
in force December 31st 1920ZZLZZZZZ 911219400
Vli Q 1 1 O 1QJ An
Net losses losses paid during year Minn
Net losses incurred during year II 81331 00
Investments in Georgia
Mortgage loans 94580000
Pohey loans 44765985
Total investments in Georgiaj 1393 459 85Insurance Department of Georgia
403
STATE MUTUAL LIFE ASSURANCE COMPANY
340 Main Street Worcester Mass secretary
Tt w Wright President D barter secretary
Kinds of business done in GeorgianLife Insurance with and without disability
provisions
Ledger assets Dec 31st 1919 5994740116
Extended at 5994740116
Income
Gross premiums on new business HJki7sk
Gross renewal premiums bmoksoi
Deduct amount paid for insurance and return pre
miums 8175604
Total investment TiISImi
Interest and rents d S
Profits on sale or increase by adjustment of assets dusistBi
Other sources
Consideration for supplementary contracts involv
ing life contingenciesrfi
Consideration for supplementary contracts not in
volving life contingenciesirxT
Dividends left with the Company to accumulate at
interest
Premium notes7e7to7eZi49roobonustor privi
lege of extension on bonds 25000
1978600
18614557
24516077
11562
74300
44195096
Total income
1391499946
Carried forward
7386240062
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 57638036
b Renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Taxes
Agency supervision
Miscellaneous expenses
Total disbursements
402223197
132140
134235934
26053846
8685199
12219178
130967202
1850345
108456805
24057356
26215049
12635347
26395621
Balance
914126919
6472113143
Ledger Assets
Book value of real estate vn MaSoTTR
Mortgage loans first lien 2068689478
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Other items
Loans on policies
Deferred premium notes
Premiums reportecTunder Soldiers and aliors
Total ledger assets as per balance No 23
NonLedger Assets
93720891
Interest due and accrued
ffitffc3 and deferred premiums 148464342
183680000
2068689479
3079515385
133594638
352264
98692872
913202334
881400
2500000
4771
6472113143am
404
Animal Report
Installment payments in advance
304568
Total assets 67146402944
J Deduct Assets Not Admitted
Other items
Book value of bonds and stocks over investment
value 46269648
46269648
Total not admitted assets
Total admitted assets 6668333296
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Dividends left to accumulate
Premiums interest and rent paid in advance
Supplementary contracts not involving life contingencies
Unadjusted surrender values
Liability benefits incurred but not yet due
23157178
5905209870
182402541
3520898
23000000
115691850
8599166
70657000
546651
853423
Total amount of liabilities except capital 63376 385 77
Surplus over all liabilities 330694719
Surplus protection to policyholders 330694719
Total liabilities 6668333296
Business in Force Life Insurance Companies
In force December 31st 1919 275 026 246 00
Issued revived or increased during year 55 62o061 00
um SrV33064630700
Deduct ceased to be in force during year 15 489 620 00
In force December 31st 1920 315l56687i00
Business in Georgia
In force December 31st 1919 4 070n287yO0
Issued revived or increased ll606533o0
Deduct ceased to be in force during the year
567682000
61349800
In force December 31st 1920 5 063322 00
Net losses paid during year 32642 77
Net losses incurred during year 32651 77
TRAVELERS INSURANCE COMPANY
700 Main Street Hartford Conn
Louis F Butler President James L Howard Secretary
Attorney for service in GeorgiaR J Waugh Branch Manager Atlanta Ga
Kinds of business done in GeorgiaLife Accident Health Liability and Work
mens Collective
Amount of paidup capita f 750000000
Ledger assets Dec 31st 1919 11589326259
Extended at 11589326259
Income
Gross premiums on new business 11516 337 38
Gross renewal premiums 2539088l83
Deduct amount paid for insurance and return pre
miums 81073795
Total premiums i 3609648126
Interest and rents 6 153 885 76
Profits on sale or increase by adjustment of assets 104 64584
Other sources
Consideration for supplementary contracts not in
volving life contingencies 916 15
Consideration for supplementary contracts involv
ing life contingencies 13 590 78Insurance Department of Georgia
405
Increase in liabilities on account of funds held under
reinsurance treaties
ExchangevS
From agents balances previously charged oft
Profit and loss miscellaneous
1604800
1314079
350
8470
Total income
4321779678
forward 15911105937
Carried
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year AlAinow
b Renewal 1268107
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Doss on sale and decrease by adjustment of assets
Paid for claims on supplementary contracts not involving life
contingencies
Mortgage loan expense
Taxes licenses and fees
All other disbursements
1307424658
6731333
550027716
380307196
59964872
43108653
10654341
28472953
79658194
7139424
95649062
71940862
Total disbursements
Balance
2641079264
13270026673
Ledger Assets
Book value of real estate
Mortgage loans first lien 4827672641
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Other items
Loans on Companys policies
Funds held under reinsurance treaties
Premiums reported on U S monthly difference lists to War Risk
Insurance Bureau in accordance with the Soldiers and bailors
Civil Relief Act
612736185
4827672641
5595683938
161330250
394555997
13756
1666812357
11164000
57549
Total ledger assets as per balance No 2313270026673
NonLedger Assets
Interest due and accrued 2iiSn
Market value of assets over book value ou
Other items
Due from other Companies for losses or claims on policies of this
Company reinsured 8CJ
Net amount of uncollected and deferred premiums 45808W48
Gross assets accident health workmens compensation work
mens collective business 5595bb343b
Total assets 19592673610
Deduct Assets Not Admitted
Agents balances
Other items
Overdue and accrued interest on bonds in default
Assets not admitted accident health liabilitiy
workmens compensation workmen s collective
business
13756
18046299
71196568
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
89256623
19503416987
136
53779536
34521045
55609566
13032455
92597104MS
406
Annual Report
Other items
Liability on policies cancelled upon which a surrender value may
be demanded 1535760
Unearned interest and rent paid in advance 35177909
Special reserves 4500000
Funds held under reinsurance treaties 11164000
Total liabilities accident health liability workmens compen
sation workmens collective business 4062319525
Total amount of liabilities except capital 17864236900
Capital actually paid in cash 750000000
Surplus over all liabilities 889180087
Surplus protection to policyholders 1639180087
Total liabilities 19503416987
Business in Force Life Insurance Companies
Inclusive of Group Insurance
i Ordinary
In force December 31st 1919 115422373500
Issued revived or increased during year 640 454 676 00
Sum 179467841100
Deduct ceased to be in force during year 218339 418 00
In force December 31st 1920 157633899300
Business in Georgia
T Ordinary
In force December 31st 1919 12606891
Issued revived or increased t 5 340 930 00
Sum 1794782L00
Deduct ceased tobe in force during the year 136897700
In force December 31st 1920 16578844 00
Net losses paid during year 14674801
Net losses incurred during year 137436oi
Investments in Georgia
Bonds and stocks 71273721
Mortgage loans 94955000
Policy loans 50437171
Total investments in Georgia Z 216665892
UNION CENTRAL LIFE INSURANCE COMPANY
17 West Fourth Street Cincinnati Ohio
Jesse R Clark President George L Williams Secretary
Attorney for service in GeorgiaF H Daniel Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capital 2500000 00
Ledger assets Dec 31st 191913164514962
Extended at 13414514962
Income
Gross premiums on new business 564473279
Gross renewal premiums 2043906827
Deduct amount paid for insurance and return pre
miums 435218
Premiums reported during year to War Risk Insur
ance Bureau 126152
Total premiums 2608071040
Interest and rents 790348613
Profits on sale or increase by adjustment of assets 8879754
Other sources
Consideration for supplementary contracts 25167972
Dividends left with company to accumulate at in
terest 6963915
Proceeds of policies left with Company to accumu
late at interest 44316739
Other receipts 85401865
161850491
Total income 3569149898
Carried forward 16733664860Insurance Department of Georgia
407
Disbursements
Net amount paid policyholders for losses VV7
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year Hmmsos
b Renewal 137456605
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items nRR n7
Other payments to policyholders 68343369
Taxes 799U72 57
Mortgage loan expense oiaqfiinq
Medical examiners fees and inspections oiotSow
AH other disbursements L1A
5989
3523
979
173
142
4222
44
48850
6675
24176
27135
52586
93935
53211
98855
959911694
Total disbursements
Balance
2467517117
14266147743
Ledger Assets
Book value of real estate
2330
500K value 01 real cblaib in77fil
Mortgage loans first lien 10776187588 7
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Premiums reported to War Risk Insurance Bureau 20914
Loans to policyholders Vnfi7 0Q4 88
Premium notes
Accounts collectible
21778
87588
71400
34038
35167
67279
13361308
2471630493
Total ledger assets as per balance No 2314266147743
NonLedger Assets
Interest due and accrued 505666444
Neetr amount of uncollected and deferred premiums l4j2J
Refund of taxes by U S Government Utill
Total assets
153746827
14925561014
Deduct Assets Not Admitted
Accounts collectible 16567239
Other items 4
Premium notes policy loan and other policy assets
in excess of net value
Book value of bonds over market value See sched
ule D
764528
1097709
Total not admitted assets 18429476
14907131538
Total admitted assets
Liabilities
Net amount of unpaid losses and claims 51iliJio
Reserves or unearned premiums on risks outstanding o Sq insoi
Dividends to policyholders declared but unpaid fiTfiinqi
Salaries and miscellaneous accounts due or accrued SiiSi
Estimated amount payable for taxes MM
Other items j
Surplus life rate endowment and deferred dividend
policies HiIIIbm
Present value of installments settlements 171554bw
Dividends left to accumulate at interest ijf 10T74
Premiums paid in advance iji
Other liabilities 507773805 u 54 3n M
Total amount of liabilities except capital 14252312341
Capital actually paid in cash J5Wiwuuu408
Annual Report
Surplus over all liabilities 404819197
Surplus protection to policyholders 6548191 97
Total liabilities 14907131538
Business in Force Life Insurance Companies
In force December 31st 1919 S66 SiOn
Issued revived or increased during year III15529754lo
ouni si fi dfiti sol fin
Deduct ceased to be in force during year111 374883130ft
In force December 31st 1920 778917578 00
Total 8i640589l00
Business in Georgia
In force December 31st 1919 31607foToO
issued revived or increased 8369i30000
Sum 39976402 00
Deduct ceased to be in force during the year ZZI 249647700
In force December 31st 1920 ZZZZ 3747992500
lotal 3997640200
Net losses paid during year 37 330 89
Net losses incurred during year ZZZZZZZZ 37334092
Investments in Georgia
Mortgage loans 24344287
Policy loans 105369362
Other items
Premium notes 21066204
Cash m bank 629585
Total investments in Georgia 151409438
UNITED LIFE AND ACCIDENT INSURANCE COMPANY
24 South Main Street Concord N H
M Jameson President Robert J Merrill Secretary
Attorney for service in GeorgiaWilson M Hardy Rome Ga
Hinds of business done in GeorgiaLife and Accident Insurance
Amount of paidup capital 500 000 00
Ledger assets Dec 31st 1919 1 521 24941
S
Extended at j
Income
Gross premiums on new business 216423 21
Gross renewal premiums 465517 02
Deduct amount paid for insurance and return pre
miums 953084
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assetsZZZZZZZZZZ
Other sources
Discount on mortgages purchased
Sale of worthless paper
Agents balance previously charged off
70875
1125
61675
152124941
61240939
8427983
253000
132550
Total income 70054472
Carried forward 222179413
Disbursements
Net amount paid policyholders for losses 10986753
Legal and administrative expenses in adjustment of claims 152578
Commissions and allowances to agents
a First year 11206652
b Renewal 1370781
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etQ
Paid policyholders for dividends
Loss on sale and decrease by adustment of assets
12577433
4345217
322350
1819805
402493
42506Insurance Department of Georgia
409

Other items
Premium notes and liens voided 541489
Surrendered values 1283121
Supplementary contracts not involving life contin
gencies 180000
Salaries of managers and agents 692l5
Medical examiners fees 2789357
Legal corporation Si29
Furniture and fixtures JJ
Realart Corporation ol2s
Taxes and insurance department fees XiSlo
All other disbursements 400862
loiuuyoo
Total disbursements 45750095
Balance 176429318
Ledger Assets
Book value of real estate 1774887
Mortgage loans first lien 100325649 100325649
Bonds at book value
Cash in office 542Hx
Deposits at interest 90000
Deposits not at interest irlto
Agents balances net 4745J7
Total ledger assets as per balance No 23 176429318
NonLedger Assets
Interest due and accrued 3979397
Market value of assets over book value 421514
Other items
Net uncollected and deferred premiums 6739883
Total assets 187570112
Deduct Assets Not Admitted
Agents balances 850314
Other items
Premium notes and liens in excess of policy assets 653404
Total not admitted assets 1503718
Total admitted assets 186066394
Liabilities
Net amount of unpaid losses and claims 1230975
Reserves or unearned premiums on risks outstanding 106199849
Salaries and miscellaneous accounts due or accrued 287618
Taxes due or accrued 969502
Other items
Commissions due agents on premium notes when
paid 240189
Liabilities on policies cancelled on which a surren
der may be demanded 87213
Deposit account pending insurance 67781
395183
Total amount of liabilities except capital 109083127
Capital actually paid in cash j222212
Surplus over all liabilities 26983267
Surplus protection to policyholders 76983267
Total liabilities 186066394
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 1286079700
Issued revived or Increased during year 877281800
wm 21633 61500
Deduct ceased to be in force during year fS722
In force December 31st 1920 1880314400
Total 1880314400
Business in Georgia
Ordinary
In force December 31st 1919 52614100MOT
410
Annual Report
Issued revived or increased 38350000
Sum 91064100
Deduct ceased to be in force during the year 13470000
In force December 31st 1920 77594100
Total 77594100
Net losses paid during year 722224
Net losses incurred during year 714939
VOLUNTEER STATE LIFE INSURANCE COMPANY
Volunteer Building 9th and Georgia Ave Chattanooga Tenn
Z C Patten President E Leon Porter Secretary
Attorney for service in GeorgiaJoe L McMillan Atlanta Ga
Kinds of business done in GeorgiaLife
Amount of paidup capital 50000000
Ledger assets Dec 31 1919 434778079
Extended at 434778079
Income
Gross premiums on new business 44756744
Gross renewal premiums 111622430
Deduct amount paid for insurance and return pre
miums 9987217
Total premiums 146391957
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Consideration for supplementary contracts
Increase in Mercury Reinsurance Company deposit
Increase in ledger liabilities
35510626
989521
392500
1500000
77435
Total income 184862039
Carried forward
Disbursements
619640118
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
b
First year
Renewal
29828750
5303333
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends and coupons
Loss on sale and decrease by adjustment of assets
Other items
Expenses operating H O Building
Taxes and fees
Medical and inspection fees
Real commissions bought
Compensation other than commissions to agents
All other disbursements
35625835
128341
35132083
9215739
1114589
1960754
3406950
1975080
5017019
3673553
3368433
155649
2307118
8971896
Total disbursements f 112053039
Balance 507587079
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balance net
Other items
Balance due from H O Building account rents
Policy loans
Premium notes
79339701
164816406
145917591
188100
200000
7336551
69565
566724
88864035
20288406
Total ledger assets as per balance No 23 507587079
Insurance Department of Georgia
411

NonLedger Assets
Interest due and accrued 7917742
Other items
Net uncollected and deferred premiums izii8st
Total assets 527643082
Deduct Assets Not Admitted
Agents balances 275977
Other items
Net premiums and policy loans in excess of reserves 500000
Total not admitted assets 775977
Total admitted assets 526867105
Liabilities
Net amount of unpaid losses and claims iS992SS
Reserves or unearned premiums on risks outstanding 440210300
Dividends to policyholders declared but unpaid 27473
Salaries and miscellaneous accounts due or accrued 336530
Taxes due or accrued 2243000
Other items
Premiums paid in advance and unearned interest ffini S
Deferred dividends to policyholders not yet declared tlinniin
Mercury Reinsurance Company deposit 3000000
Contingency reserve fund 5oonoo
Reserve for supplementary contracts soSs
All othersM8838
Total amount of liabilities except capital 466867105
Capital actually paid in cash 5S2SSa2X
Surplus over all liabilities 10000000
Surplus protection to policyholders 60000000
Total liabilities 526867105
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 fHIHSfSS
Issued revived or increased during year iSHoTJccXn
gum 597aliiODUU
Deductceased to be in force during year 5j5oc3S2
In force December 31st 1920 544358JI
Business in Georgia
Ordinary
In force December 31st 1919 oSroSS
Issued revived or increased 21291700
Deducrceasedtobe in force during the year o1n2fH
In force December 31st 1920 iVieS
Net losses paid during year itmm
Net losses incurred during year iioiuu412
Annual Report
MISCELLANEOUS COMPANIES
THE AETNA CASUALTY AND SURETY COMPANY
650 Main St Hartford Conn
2rn OeorMlliam Htt SS
and Teams Property Damage Steam Boiler
Wrrzz J8S8S8S88
Extended at
Income
Gross premiums on new business 17 133 940 04
Deduct amount paid for insurance and return pre UlSSVWi
miums 477869234
1361038306
Total premiums
Interest and rents I 2
OtherS o sale or increase by adjustment of assets
Investment commissions
Foreign exchange
Funds received on
12
account treaty deposits
390584
111293
68771
35524770
56075141
631630
570648
Total income
S 1292802189
Carried forward
2653840495
Disbursements
Net amount paid policyholders for losses 5
Legal and administrative expenses in adjustment of claims I
Commissions and allowances to agents 2
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
22744280
53939633
83580200
52488977
14740919
25770320
16916
79972973
Total
disbursements 1133254218
Balance 1520586277
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Loans secured by pledge of bonds and stocks etc
280377500
684857784
164988025
164561
155840533
188258591
Bills receivable and suspense accounts
Equity in New York Excise Reinsurance Asso
Reinsurance recoverable on paid losses
Revenue stamps for redemption
Due from associated companies
Advance traveling and commissions
1115898
2736000
918457
9673
264213
473537
40581505
Total ledger assets as per balance No 23
5517778
1520586277Insurance Department of Georgia
413
NonLedger Assets
16231196
Interest due and accrued 108 45571
Market value of assets over book value
0skTvagemrSecoverable LaSalle St Trust and Savings
Bank loss fi7a2
Reinsurance recoverable on paid lossesiaoio 494425
1548157469
Total assets
Deduct Assets Not Admitted
Bills receivable and suspense accounts 2194958
Praiitams in course of collection effective prior to gi
Oct 1 1920 i7SKS7
Advance Traveling and commissionsiaaai
4046776
Total admitted assets
1544110693
Total admited assets
Liabilities
Net amount of unpaid losses and claims iHH
Reserves or unearned premiums on risks outstanding Miis
Commissions due or to become due to agents on policies effective
prior to Oct 1 1920 Qtsi48
Salaries and miscellaneous accounts due or accrued 35492769
Taxes due or accrued
0tEsetimaeted expenses of investigation and adjustment n5 91g 76
DividerdeclarlndunpaiaroTtVcknorders eoOOoOO
Investment expenses acct mortgage loans di4iui
Frankfort General Insurance Co under reinsurance
contract7 68771
Funds held under reinsurance treaties 18356349
Total amount of liabilities except capital 1059144876
Capital actually paid in cash 2849658 17
Surplus over all liabilities 2849ton
484965817
Surplus protection to policyholders j
154411D693
Total liabilities
Premiums in Force Miscellaneous Companies
w 1 iqio 824265504
In force December 31 1919 17 133 940 04
Written or renewed during year III 2537659508
DeductVeM7dl3blnfeduring7e illisleoji
In force December 31st 1920 g61 751 07
Deduct amount reinsured 11 95790945
Net premiums in force
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
10200
Accident 2 005 34 89469
Liability 8 710 72 109541
Fidelity 12347 62 219856
Surety 5i60135 175319
Plate glass 6358
Steam boiler 7 71552 448296
Burglary and theft 159 50 322 35
Sprinkler 2 648 77 27500
Fly wheel V 3108326 1504414
Auto and teams property damage 7043766 I 2606630
TtaS InvestmentsTn Georgia tlwM
Bonds
3710000
Total investments in Georgia ntk
414
Annual Report
AMERICAN CASUALTY COMPANY
607 Washington St Reading Pa
B P Van Reed President Harvey H Shomo Secretary
Attorney for service in GeorgiaJ B Marbury Atlanta Ga
Kinds of busniess done in GeorgiaAccident Health Burglary Liability Plate
Glass and Auto Property Damage
Amount of paidup capital 500000 00
Ledger assets Dec 31 1919 l168l39l35
Extended at
Income
Total premiums
Interest and rents I
Profits on sale or increase by adjustment of assets
Other sources
Commission on bonding businessL
Agents Balances
J 116839135
102503766
6898952
2000000
97215
59690
Total income 111559623
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes and traveling expense
Rents and interest
Advertising printing postage telegrams etcT III
Other items
Salaries and expenses of agents
Inspections
Real estate taxes and expense ZZI I
Taxes and fees
Printing and advertisingZI
Postage furniture and other expensesI
Total disbursements
Balance
43776503
4946063
27184923
5993998
1205762
5000000
2403899
245576
1536104
3041462
843979
1042101
S 97220400
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Ledger Assets
131178358
25919021
25605641
55888250
750000
478071
6149469
16387906
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
131178358
Deduct Assets Not Admitted
Agents balances s n 97c oc
Other items
950281
5500000
137628639
Book value of assets over market value
Total not admitted assets
Total admitted assets
2463724
Liabilities
Net amount of unpaid losses and claims 1
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Commission due agents
Claim expense 1
Total amount of liabilities except capitalW
Capital actually paid in cash 500dob 00
3591419
134037220
25717054
39718203
105918
1944543
4550826
50000
72086544Insurance Department of Georgia
415
Surplus over all liabilities 11950676
Surplus protection to policyholders 61950678
Total liabilities 134037220
Premiums in Force Miscellaneous Companies
In force December 31 1919 nimefi
Written or renewed during year i57422836
Sum7 7tt9K4 42
Deduct ceased to be in force during year isqrq4
In force December 31st 1920 4882 23
Deduct amount reinsurance 81408171
Net premiums in force
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Dosses
Written or Re Paid
newed during
the Year
Accident and health Jffggf Jjg
Liability 961439 490121
Plate glass 85556 18510
Burglary and tnett 11257 44 7 476 65
Auto and teams property damage llibli kod
5053903 2459992
Totals v
THE AMERICAN CREDIT INDEMNITY COMPANY OF NEW YORK
511 Locust St St Louis Mo
E M Treat President Jos J Gross Secretary
Attorney for service in GeorgiaJ F Burkhardt Atlanta Ga
Kinds of business done in GeorgiaCredit Insurance
Amount of paidup capital S222222
Ledger assets Dec 31 1919 273292796
Extended at 273292796
Income
Gross premiums on new business and gross renewal
premiums 205805617
Deduct amount paid for insurance and return pre
miums 34727819
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Premium note balances previously charged off
Agents balances previously charged off
1847
12944
171077798
12001517
32394
14791
Total income 183126500
Carried forward 456419296
Disbursements
Net amount paid policyholders for losses 23241528
Legal and administrative expenses in adjustment of claims 1535936
other legal expenses 91036
Commissions and allowances to agents 43467245
Salaries of officers and employes lJ702llb
Rents and interest iSVc4nis
Advertising printing postage telegrams etc 10267038
Paid stockholders for dividends 1X299
Loss on sale and decrease by adjustment of assets 6763488
Furniture and fixtures 78102
Other items
State tax on premiums
Insurance department licenses and fees and all
other licenses fees and taxes
Federal taxes
Exchange trav exp mere agencies petty office
2059363
891946
11129582
416
Annual Report
and maintenance exp etc 23866 04
Agents balances charged off 27536 41
Premium notes uncoliected 3l6928
19538064
Total disbursements j 282 897 97
Balance 328129499
Ledger Assets
Bonds at book value c99 sio
Stocks at book value qf qt
Cash in officei snsn
Deposits at interest oon Sq
Deposits not at interest II 11 22974
Agents balances net 99ses 99
Other items W8b822
Premium notes 12803047
12803047
Total ledger assets as per balance No 23 328129499
NonLedger Assets
Interest due and accrued 28 998 06
Total assets 331029305
Deduct Assets Not Admitted
Agents debit balances 8 Kin fu
Premium notes past due fifififi7q
Other items bbbb79
Bonds book value over market value and stocks
book value over market value 24675999
Total not admitted assets g 262 037 32
Total admitted assets 304825573
Liabilities
Net amount of unpaid losses and claims t a inn nn
Reserves or unearned premiums on risks outstanding 1 976798 60
Salaries and miscellaneous accounts due or accrued qjnnn
Taxes due or accrued i1
Other items 4600000
Commissions due on policies effective on or after Oct 1 1920 416278
Total amount of liabilities except capital 2 033 ci tit
Capital actually paid in cash 350000 00 z5blii8
Surplus over all liabilities III 66469435
Surplus protection to policyholders 014 694 35
Total liabilities 304825573
Premiums in Force Miscellaneous Companies
in force December 31 1919
surmttenrewed durinff year Ifllli
Deduct ceasedtobeinfVrceduringyear liq71qqqq
Tn force December 31st 1920 iJmTmo m
Deduct amount reinsured 99s9
Net premiums in force IIIII 1 639811 27
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
pji the Year
credit 1141425 279605
Totals 1141425 279605Insurance Department of Georgia
417
AMERICAN INDEMNITY COMPANY
2328 Ave B Galveston Texas
Sealy Hutchins President George Sealy Secretary
Attorney for service in Georgia Stanton Insurance Agency Atlanta Ga
Kinas of business done in GeorgiaCasualty Insurance Fidelity and Surety
Bonds
capital 60000000
31 1919 203458586
Amount of paidup
Ledger assets Dec
Extended ZIi 203458586
Income
Gross premiums on new business 161495036
Deduct amount paid for insurance and return pre
miums 50476238
Total premiums
Interest and rents ZI
Profits on sale or increase by adjustment of assets
Total income
111018798
9311261
384983
120715042
Carried forward 1 324173628
Disbursements
Net amount paid policyholders for losses 539 538 05
Legal and administrative expenses in adjustment of claims 147431 59
Commissions and aliowances to agents 289 693 70
Salaries of officers and employes 30865 86
Rents and interest 2370 02
Advertising printing postage telegrams etc II 325227
State examiners fee 1 587 53
Traveling 599945
Other items
Inspection items 116619
Legal HZ l35844
Insurance department license and fees 345477
State tax on premiums 1215575
Advertising 246289
Printing and stationery 489155
Furniture and fixtures 380768
General expenses 2858479
Total disbursements 107862053
Balance 216311570
Ledger Assets
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Bills receivable
Accounts receivable
Reinsurance recoverable
653500
337055
100
38568416
110364131
7401249
606004
3827627
1989023
20668637
990655
Total ledger assets as per balance No 23 216311575
NonLedger Assets
Interest due and accrued 3413368
Total assets 219724943
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Accounts receivable
Outstanding reinsurance recoverable
5477382
653500
315555
100essctft
418 Annual Report
Book value of bonds and stocks over market 3963048
10409585
Total not admitted assets
209315358
Total admitted assets
Liabilities
Net amount of unpaid losses and claims kiqs2o91
Reserves or unearned premiums on risks outstanding 149750
Salaries and miscellaneous accounts due or accrued 14 000 00
Taxes due or accrued
Other items oq C77 04
Commissions due or to become due77 1186554
Investigation and adjustment of unpaid claims 1186554 50 543 38
Total amount of liabilities except capital 109311608
Capital actualy paid in cash 400037 50
Surplus over all liabilities 40aio
Surplus protection to policyholders
209315358
Total liabilities
Premiums in Force Miscellaneous Companies
f Q1 1Q1Q 95330870
In force December 31 1919 514 949 36
Written or renewed during yearIIZZZZIZZIIIIZII 2568258o6
Deduct8eaiedTobiinfordGringyear 1 itImII
In force December 31st 1920 82241 10
Deduct amount returned 1089807 27
Net premiums in force
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
s 1086787 50000
1 lability T 5934
Fidelity 36183 g7oo
Burglary and theft 4 22084 131061
Auto and teams property damagevoi
1550988 227972
Totals
AMERICAN MUTUAL LIABILITY INSURANCE COMPANY
245 State St Boston Mass
1 iii p Hndees President Henry C Kneppenberg Jr Secretary
InmUfTserviTn GeorgiaArchibald H Davis Atlanta Ga
J Kinds of business done in GeorgiaCasualty
assets Dec 1919 900029091
Extended at 90029091
Income
Gross renewal premiums 1116954493
Deduct amount paid for insurance and return pie
miums
1046220838
Total premiums 45559702
oonirbr 2928732
Other sources 31 044 13
Rents from Chicago building
New York City building Jeraqn
Premiums paid in advance Maw
American Mutual Compensation Insurance Co 143 378 98
account 91 93
Premiums charged oft 21286789
1115986061
Total income
2016015152
Carried forward Insurance Department of Georgia
419

Disbursements
Net amount paid policy holders for losses
Legal and administrative expenses in adjustment of claims
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc Legal expenses
Furniture
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Salaries traveling and all other expenses of agents
not paid by commission 47361723
Inspection other than med and claim 18524393
Repairs and expenses on real estate 42 607 85
Taxes 18685450
Rating and inspection bureau fees 5068410
Insurance and fidelity bonds 2442316
Subscriptions 187359
Premiums charged off 345
363607039
73039009
30495392
777939
14563782
273057164
1645663
96530781
Total disbursements 853716769
Balance 1162298383
Ledger Assets
Book value of real estate
Bonds at book value g
Stocksat book value
Cash in office
Deposits at interest t
Premiums in course of collection I 1
Other items
Bills receivable 10 84366
Chicago building 18071326
New York building 8877544
Automobiles 3949630
Balances branch offices 1578616
Supplies printed matter 53118o6
10500000
11080568
40605000
3648717
45011474
12609336
38843288
Total ledger assets as per balance No 23 1162298383
NonLedger Assets
Interest due and accrued 143 12776
Total assets 1176611159
Deduct Assets Not Admitted
Premiums in course of collection 32143042
Bills receivable 1084366
Other items
Supplies printed matters and stationery 5311806
Book value of bonds and stocks over market value 36617905
Automobiles 3919630
Balances branch offices 15786 16
Total not admitted assets 80655365
Total admitted assets 1095955794
Liabilities
Net amount of unpaid losses and claims 604108900
Reserves or unearned premiums on risks outstanding 2404640 32
Dividends to policyholders declared but unpaid
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Rents payable in advance
Reserve for outstanding claims Amer Mut Compn
Ins Co
Premiums paid in advance
Estimated expenses of adj and invest of unpaid
54749128
886284
14672007
188333
14337898
2635290420
Annual Report
1000000
19857021
Total amount of liabilities except capital 934737372
Surplus over all liabilities contingent reserve lb2184iJ
Surplus protection to policyholders contingent reserve 161218422
Total liabilities 1095955794
Premiums in Force Miscellaneous Companies
In force December 31 1919 J iiibtHIH
Written or renewed during year iitSrw
gum i lbbb470li
Deduct ceased to be in force during year HnHJins
In force December 31st 1920 iqi 08
Net premiums in force 670249108
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Liability 1327702 35655
Auto and teams property damage and collision 58898 15650
Totals 1386600 51305
AMERICAN SURETY COMPANY OF NEW YORK
100 Broadway New York N Y
F W Lafrenty President Chas W Goetchins Secretary
Attorney for service in GeorgiaHi N Hutchinson Atlanta Ga
Kinds of business done in GeorgiaFidelity Surety and Burglary
Amount of paidup capital 500000000
Ledger assets Dec 31st 1919 1337936391
Extended at 1337936391
Income
Gross premiums on new business 1080852427
Deduct amount paid for insurance and return pre
miums 380450855
ums 700401572
Total premi
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Unclaimed balances barred by statute
66120560
856232
44424
Total income 767422788
forward 2105359179
Carried
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Decrease in liability for reinsurance 1964962
Decrease in advance premiums 314707
Decrease in liability for New York State Income
tax retained 65103
121907865
20020166
100225055
214345701
16270771
71009930
50000000
46090003
2344772
Total disbursements 1 642214263
Balance 1463144916Insurance Department of Georgia
421

Ledger Assets
Book value of real estate 613629670
Bonds at book value 460827254
Stocks at book value 95626881
Cash in office 668500
Deposits at interest 78694629
Deposits not at interest 40396852
Premiums in course of collection 163119614
Other items
Reinsurance recoverable 6461370
Excise reinsuring fund 3720146
10181516
Total ledger assets as per balance No 23 1463144916
NonLedger Assets
Interest due and accrued 3960596
Other items
Rents due 141251
Total assets 1467246763
Deduct Assets Not Admitted
Premiums in course of collection over 3 months 58613040
Other items
Book value of bonds and stocks over market value 7343385
Total not admitted assets 65956425
Total admitted assets 1401290338
Liabilities
Net amount of unpaid losses and claims 211211807
Reserves or unearned premiums on risks outstanding 491098ft 01
Salaries and miscellaneous accounts due or accrued 14804895
Taxes due or accrued 14277430
Other items
Estimated expenses of investigation and adjustment
of unpaid claims 2750000
Commissions due or to become due 18666964
Reinsurance 8000443
Premiums paid in advance 9560002
New York State income tax returned 90238
39067647
Total amount of liabilities except capital 770459780
Capital actually paid in cash 500000000
Surplus over all liabilities 130830558
Surplus protection to policyholders 630830558
Total liabilities 1401290338
Premiums in Force Miscellaneous Companies
In force December 31st 1919 842848519
Written or renewed during year 1080852427
Sum 1923700946
Deduct ceased to be in force during year 839283008
In force December 31st 1920 1084417938
Deduct amount reinsured 148794612
Net premiums in force 935623326
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Fidelitv 7428024 1467606
Surety 6235561 291392
Burglary and theft546650 118723
Totals 14210235 1877721422
Annual Report
COLUMBIA CASUALTY COMPANY
114 Fifth Avenue New York N T
Charles H Neely President J Fred Ranges Secretary
Attorney for service in GeorgiaDaniel I Maclntyre Sr Atlanta Ga
Kinds of business done in GeorgiaAccident health liability glass boiler
burglary theft fly wheel and engine auto and teams property damage
Amount of paidup capital Sii2Sil
Amount of paidup capital during year 80000000
Extended at
80000000
Income
Gross renewal premiums
Deduct amount paid for insurance and return pre
mium
63999947
14773468
49226479
3637966
50000
60000000
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Surplus paid in cash
Carried forward 192914445
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Taxes 586327
Insurance department expense 542473
Inspections 505511
All other disbursements 3451906
5086217
6710394
1283478
7745411
3009234
356283
2438078
Total disbursements 26629095
Balance 166285350
Assets
Ledger
Bonds at book value
Deposits at interest
Agents balances net
Other items
Workmens compensation reinsurance fund
Reinsurance due from companies
Sundry balances
34134J
52560
70418
139532718
8777297
17511010
464325
Total ledger assets as per balance No 23 166285350
NonLedger Assets
Interest due and accrued 1274738
Total assets 167560088
Deduct Assets Not Admitted
Agents balances f
Other items
Book value of bonds over market value
Sundry balances
943764
6207718
70418
7221900
Total not admitted assets
Total admitted assets 160338188
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Adjustment expenses 30000
10409988
28736672
400000
1000000Insurance Department of Georgia 423
Commissions on unpaid premiums 4123883
Workmens compensation reinsurance fund 17794
4171677
Total amount of liabilities except capital 447 183 37
Capital actually paid in cash 80000000
Surplus over all liabilities 35619851
Surplus protection to policyholders 115619851
Total liabilities 160338188
Premiums in Force Miscellaneous Companies
Written or renewed during year 63999947
Sum 63999947
Deduct ceased to be in force during year 212346 93
In force December 31st 1920 427652 54
Deduct amount reinsured 809671
Net premiums in force 419i55583
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 1 59500 42 85
Health 56500
Liability 1892875 12300
Plate glass 147166 7486
Steam boiler 31624
Burglary and theft 226163 520 50
Fly wheel 171655
Auto and teams property damage 439933 55845
Totals 3025416 131966
COMMONWEALTH CASUALTY COMPANY
204206 South Fifth Street Philadelphia Pa
H C Stewart President E g Cook
Attorney for service in GeprgiaStiles Hopkins Atlanta
Kinds of business done in GeorgiaHealth and Accident
30000000
69373219
Amount of paidup capital
Ledger assets Dec 31st 1919 Z
Extended at
Income
Gross premiums on new business 1081 801 88
Deduct amount paid for insurance and return pre
miums 24379303
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assetsll
Other sources
Home Fire and Marine Insurance Company 3 401 51
Agents balance previously charged off 103 11
Policy fees 781000
Secretary
Ga
69373219
83800885
2165304
270
1131462
Total income
87097921
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims I
Commissions and allowances to agents renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc I
156471140
43894407
6683498
19011300
6648157
851995
2209398
424
Animal Report
Paid stockholders for dividends
Other items
Policy fees
Salaries agents
Taxes and license and dividend fees
Advtg An R
Sundries
Agents balance
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Bills receivable
Furniture and fixtures
Supplies and printing matter
Premiums in course of collection
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Furniture and fixtures
Supplies and printing matter
Premiums in course of collection prior account
Accredited interest in default
Deposits on investments
Total not admitted assets
Total admitted assets
250399
481069
400000
500000
626279
158500
2245656
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Investigations and advertising
Home Fire and Mutual Insurance Company and gold b
Commissions and b
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
30000000
3778568
Surplus protection to policyholders
Total liabilities
2750000
780300
257600
2815054
72337
917629
26674
Total disbursements 86918349
69552791
Premiums in Force Miscellaneous Companies
In force December 31st 1919
Written or renewed during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Deduct amount returned
Net premiums in force I
45905119
195750
777074
9678626
2BW99
481069
400000
500000
11364754
69552791
596117
Total assets 70148908
4661903
65487005
6817059
20463892
176114
1186365
200000
640151
2224856
31708437
33778568
65487005
840550
372950
1213500
840550
372950
3772
369178Insurance Department of Georgia
425
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 87257
Health 369178 196037
Totals 369178 283294
CONTINENTAL CASUALTY COMPANY
H G B Alexander
910 Michigan Ave
President
Chicago 111
W H Betts Secretary
70000000
531275166
10000000
Amount of paidup capital
Liedger assets Dec 31st 1919
Increase of paidup capital during year
Extended at 541275166
Income
Gross premiums on new business 1235960943
Deduct amount paid for insurance and return pre
miums 260418129
Total premiums 975542814
Interest and rents 14876307
Profits on sale or increase by adjustment of assets 91459
Other sources
Agents balances charged off 47246
Policy fees 3557450
Suspense items credited to profit and loss 94388
Increase in ledger liabilities 1144516
Surplus contributed by stockholders ISO00000
19843600
Total income 1010354180
Carried forward 1551629346
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Policy fees
Agents balances charged off
Other items
Medical examiners fees
Inspection other than medical or claim
Taxes on real estate
All other disbursements
All other taxes and fees
Legal expense
Furniture and fixtures
356299119
42502881
231380851
87219473
5070706
16388897
7200000
18181
3557450
153tf7
1004750
13300763
159997
4407592
26912887
2417507
4013844
52217340
Total disbursements 801870265
Balance 749759081
Ledger Assets
Book value of real estate 7216277
Mortgage loans first lien 192134500 192134500
Bonds at book value 196880007
Stocks at book value 53787000426
Animal Report
Cash in office 1500000
Deposits at interest 24840932
Deposits not at interest 442785
Agents balances net 3851745
Other items
Premium in course of collection 230144595
Bills receivable 878867
Employes liberty loan subscriptions 38657
Workmens compensation reinsurance bureau 8536807
Furniture and fixtures 8469543
Cash in hands of P Ms treas in transit 21037366
269105835
Total ledger assets as per balance No 23 749759081
NonLedger Assets
Interest due and accrued 9095167
Market value of assets over book value 1899493
Other items
Market value of real estate over book1 value 283723
Total assets 761037464
Deduct Assets Not Admitted
Agents balances 6458513
Bills receivable 878867
Other items
Furniture and fixtures 8469543
Premiums in course of collection 12279574
Total not admitted assets 28086497
Total admitted assets 732950967
Liabilities
Net amount of unpaid losses and claims 65381481
Reserves or unearned premiums on risks outstanding 142912956
Salaries and miscellaneous accounts due or accrued 897355
Taxes dues or accrued 19900640
Other items
Total unearned premiums 317707932
Commissions due agents 58413477
Adj expense of unpaid claims 655000
Miscellaneous ledger liabilities 2788255
Voluntary reserve 14284871
393849535
Total amount of liabilities except capital 622950967
Capital actually paid in cashi 70000000
Surplus over all liabilities 40000000
Surplus protection to policyholders 110000000
Total liabilities 732950967
Business in Georgia During 1920
Gross Premiums
Received less
Return Pre
miums on Risks Gross Dosses
Written or Re Paid
newed during
the Year
Accident 4496068 1962517
Health 1516195 1143953
Liability 6798
Burglary and theft 744
Auto and teams property damage 1012 3070
Totals 6020817 3109540
Investments in Georgia
Mortgage loans 95590000
Total investments in Georgia 95590000Insurance Department of Georgia
427
EMPLOYERS INDEMNITY CORPORATION
Insurance Building Kansas City Mo
E G Trimble President John Woodhead Secretary
Amount of paidup capital 70000000
Ledger assets Dec 31 1919 159459931
Extended at
Income
Gros premiums on new business
Deduct amount paid for insurance and return
premiums
159459931
252872816
27700991
Total premiums
Interest and rents
Policy fees
Other sources
Discount on real estate mortgage purchased
Increase in income account reinsurance treaties
Increase in premiums in course of collection by correction
Total income 237282737
225171825
6691764
5169253
55577
31901
162417
Carried forward
396742668
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Policy fees retained by agents
Salaries of officers and employes
Salaries of transportation and expense of agents
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Miscellaneous expenses
Fees inspections and licenses
Taxes
Legal expenses
Furniture and fixtures
Dividends to stockholders
933114
1528432
3715785
745286
201872
7800000
83248855
16717881
39686053
5169253
16738005
4292359
3793321
9676860
232042
14924489
Total disbursements 194480118
Balance
Ledger Assets
Collateral loans
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Other items
Premiums in course of collection
County warrant Platt County Neb
202262550
7700000
71000000
48926641
8310000
3231062
23487627
39407220
200000
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
202262550
2315886
2224143
Total assets 206802579
Total admitted assets 206802579
Liabilities
Net amount of unpaid losses and claims
Beserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
42335590
58735837
2500000i ma
428
Annual Report
Other items
Commissions 2101345
Reinsurance 157019
Total amount of liabilities except capital 105829791
Capital actually paid in cash 70000000
Surplus over all liabilities 30972788
Surplus protection to policyholders 100972788
Total liabilities 206802579
Premiums in Force Miscellaneous Companies
In force December 31 1919 i 62585081
Written or renewed during year 252872816
Sum 315457897
Deduct ceased to be in force during year 192767201
In force December 31st 1920 122690696
Deduct amount reinsured 5219022
Net premiums in force 117471674
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 89662 41927
Liability 164390 37500
Workmens compensation 10500 13230
Auto and team property damage 20350 83i0
Totals 263902 101007
THE EMPLOYERS UABIUTY ASSURANCE CORPORATON ltd
33 Broad Street Boston Mass
Samuel Appleton TJ S Manager
Attorney for service in GeorgiaRalph L Reed Atlanta Da
Statutory deposit 25000000
Ledger assets Dec 31 1918 2495377425
Extended at 2495377425
Income
Total premiums T 2597046184
Interest and rents 94313626
Profits on sale or increase by adjustment of assets 1747280
Other sources
From agents balances previously charged off 720610
Remittances from home office to U S 1055243
Brand gross
1775853
Total income 2694882943
Carried forward 5190260368
Disbursements
Net amount paid policyholders for losses 1087427949
Legal and administrative expenses in adjustment of claims 193147760
Commissions and allowances to agents 525156638
Salaries of officers and employes 130180599
Rents and interest 8869782
Advertising printing postage telegrams etc 29385742
Loss on sale and decrease bv adjustment of assets 86199520
other items 238516585
Total disbursements 22
584575
Balance 2891375793Insurance Department of Georgia
429
Ledger Assets
Book value of real estate 55234575
Mortgage loans first lien 45000000
Bonds at book value 2071550650
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Advance to employes on account of subscrip
tion to Liberty Bonds
423559
86429473
576441
631781395
379700
379700
Total ledger assets as per balance No 23 2891375793
NonLedger Assets
Interest due and accrued 28340673
Market value of assets over book value 95426050
Other items
Rents due and accrued 1457151
1457151
Total assets 3016599667
Deduct Assets Not Admitted
Agents balances 48189113
Total not admitted assets i
48189113
Total admitted assets 2968410554
Liabilities
Net amount of unpaid losses and claims 1466858800
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or occrued
Other items
Voluntary additional reserve for catastrophe
50000000
856582250
95000000
50000000
Total amount of liabilities except capital 2649086098
Statutory deposit 25000000
Surplus over all iabilities 294324456
319324456
Surplus protection to policyholders
Totai liabilities 2968410554
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on risks Gross Losses
Written or Re
newed during
the year
Accident 364678
Health 280295
Liability 7945740
Plate Glass 314096
Burglar and theft 183362
Auto and team property damage 1272240
Totals
Paid
17832
321301
5409408
144037
163696
536743
10360411
6593017
THE EQUITABLE LIFE ASSUBANCE SOCIETY Or TEE UNITED STATES
120 Broadway New York City N Y
W A Day President W Alexander Secretary
Attorney for service in GeorgiaW E Duncanson Atlanta Ga
Kinds of business done in GeorgiaOld Line Life and Accident and HealthittSWffc
430
Annual Report
Amount of pandup capital See Life Report
Ledger assets Dec 31 1919 5359421
Extended at 5359421
Income
Gross premiums on new business 161205337
Deduct amount paid for reinsurance and return
premiums 73982691
Total premiums 87222646
Other sources
Deposits account of insurance 436846
Total income i 87659492
Disbursements
Net amount paid policyholders for losses 22080605
Legal and administrative expenses in adjustment of claims 1755353
Commissions and allowances to agents 28287048
Salaries of officers and employes 6362906
Rents and interest 821080
Advertising printing postage telegrams etc 1985811
Other items
Salaries traveling and all other expenses of
agents not paid by commission 538730
Medical examiners fees and salaries 2263590
Inspections 97940
State tax on premiums 551141
Insurance department licenses and fees 67100
Federal taxes 806918
Agents licenses and fees 27700
Sundry taxes 3000
Legal expenses 28924
Furniture and fixtures 252080
Traveling expenses 73924
Fidelity premiums 306 5
Interest on premiums 4881
Books subscriptions etc 96433
Conventions and meetffngs 154598
Sundry expenses 150839
Agents balances 9290
5157744
Total disbursements 66450547
Balance See Life Report
Ledger Assets
Book value of real estate See Life Report
Other items
Premiums in course of collection
Accident 6788185
Health 11830038
Agents balances 106167
Total ledger assets as per balance No 23 18724390
NonLedger Assets
Interest due and accrued See Life Report
Total assets 18724390
Deduct Assets Not Admitted
Premiums in course of collection effective prior
to October 1 1920 and group premiums effective
October and November 1920 509225
Agents balances 106167
Total not admitted assets 615392
Total admitted assets 18108998Insurance Department of Georgia
431
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Estimated expenses of investigation and adjust
ment of unpaid claims
Commissions to agents on policies effective on
and after October 1 1920
Special reserve on noncancellable policies
Deposits account of insurance
300000
7429040
7173800
591116
11703500
38564684
1765222
15493956
Capital actually paid in cash See Life Report
Surplus over all liabilities See Life Report
Surplus protection to policyholders See Life Report
Total liabilities 67527362
Premiums in Force Miscellaneous Companies
In force Dec 31 1919 35774066
Written or renewed during year 161205337
Sum 196979403
Deduct ceased to be in force during year 92203666
In force December 31 1920 104775737
Deduct amount reinsured 27655287
Xet premiums in force 77120450
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
Accident 674729 142841
Health 1148165 313775
Totals 1822894 456616
FEDERAL CASUALTY COMPANY
2906 Woodward Detroit Mich
V D Cliff President M M Cliff Secretary
Kinds of business done in GeorgiaHealth and Accident
Amount of paidup capital 20000000
Ledger assets Dec 31 1919 47572349
Increase of paidup capital during year 47572349
Income
Gross premiums on new business 46393007
Deduct amount paid for insurance and return
premiums 149461
Total premiums 46243546
Interest and rents 2359658
Other items
Agents balances 160063
Gross profits on sale of ledger assets 30700
190763
Total income 48793967
Carried forward 96366316
Disbursements
Xet amount paid policyholders for losses 15465454
Legal and administrative expenses in adjustment of claims 145640
Commissions and allowances to agents 15215047
Salaries of officers and employes 4847499
432
Annual Report
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
General expense
Traveling expense
Agents balances
Furniture and fixtures
Agents salaries and expenses
Taxes and Licenses
351668
895927
354564
145675
576338
2729113
Total assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accruedJ
Other items
Commissions
Interest on real estate mortgage
Investigation and adjustment of claims
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
20000000
20300552
Surplus protection to policyholders
Total liabilities
Premiums in Force Miscellaneous Companies
In force December 31 1919
Written or renewed during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Net premiums in force
334758
1005961
3000000
1596275
4552285
Total disbursements 46225082
Balance 50141234
Ledger Assets
Book value of real estatet
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Total ledger assets as pere balance No 23
NonLedger Assets
Interest and rents due and accrued
Market value of assets over book value
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks
Written or Re
newed during
the Year
Accident and health 612248
Totals
7910998
4850000
33680172
2246323
226263
169071
1058407
50141234
825610
402105
51368949
51368949
3857000
4886397
350000
1400000
375000
100000
100000
11068397
40300552
51368949
3739306
46393007
49132313
43979416
5152897
5152897
Gross Losses
Paid
376182
612248
376182Insurance Department of Georgia
433
FIDELITY AND CASUALTY COMPANY OF NEW YORK
9294 Liberty St 97103 Cedar St New York N Y
Robert T Hillas President Theodore E Gaty VicePres Secy
Robert H eSidente Oberdorfer AUanU Ga
Kinds of business done in GeorgiaCasualty and Disability insurance
4 2 00000000
Amount of paidup capital ooqm ofifl 43
Ledger assets Dec 31st 1919 100000000
Increase of paidup capital during year loouuuuuu
Extended at
2325896043
Income
Gross premiums on new business 2584365161
Deduct amount paid for insurance and return pre g
miums
Total premiums
Interest and rents
Other sources
From agents balances previously charged oft3
Bonds per schedued profit on sale
Premium on increased capital stock
Fidelity Insurance fund 230625 P L 300967
al other 2754457
1824574103
104870735
7500
45000
100000000
32
149
103338549
Total income
Carried forward
2032783387
4358679430
Disbursements
Net amount paid policyholders for losseVtrtVf7ia7m
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Lo rSdet
5SJSother than medical and claim I 54548210
Miscellaneous
715803987
110063922
405791472
198095000
14010216
88737125
43000000
1913793
67100710
Total disbursements
Balance
1644516225
2714163205
Ledger Assets
Book value of real estate
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
Other items im 371496921
Premiums in course ot collection i9 5dfi 72
Equity in funds of workmens compensation rein
surance bureau
Munich Reinsurance Company
121883345
1658973067
425877305
12790678
62750591
23398501
4334672
3739525
28826324
92276
408489718
Total ledger assets as per balance No 23 2714163205
NonLedger Assets
Interest due and accrued
Other items 6064072
Reinsurance on paid losses
21108380
Total assets
Deduct Assets Not Admitted
Agents balances and sundry ledger assets 23398501
Premiums in course of collection prior to Octobei
1 1920 514
2741335657f
434
Annual Report
Overdue and accrued interest on bonds in default 1480000
Book value of bonds and stocks over market value 218005893
Total not admitted assets 294335280
Total admitted assets 2447000377
Liabilities
Nst amount of unpaid losses and claims 8 599219 88
Reserves or unearned premiums on risks outstanding 905380412
balanes and miscellaneous accounts due or accrued 16 387 87
raxes due or accrued 394146 46
Other items
Reinsurance 9063372
Other liabilities 133 592 99
Commissions II 754949 60
Estimated expenses of investigation and adjustment of unpaid
claims 9000000
Total amount of liabilities except capital 19132 73464
Capital actually paid in cash 200000000
Surplus over all liabilities 3337269i3
Surplus protection to policyholders 533726913
Total liabilities S 2447000377
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 1 3604195 1543703
f81 5244631 3310304
Liability 5558125 1367079
Plate glass 1518793 939333
Steam boiler 700854 650 65
Burglary and theft 1460950 1127902
Fly wheel and engine 236160
Auto and teams property damage 1673786 10 234 49
Workmens collective 56 00
Totals 20003094 9376835
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
N W Corner Charles and Lexington Streets Baltimore Md
Thomas A Whilan President Robert S Hart Secretary
Kinds of business done in GeorgiaFidelity Surety Burglary
Amount of paidup capital 3000000 00
Ledger assets Dec 31st 1919 1202658158
Extended at j 1202658158
Income
Gross premiums on new business 9 009 624 46
Deduct amount paid for insurance and return pre
miums 259266103
Total premiums 641696343
Interest and rents 848 517 14
Profits 1111 sale or increase in adjustment of assetsII 32868 95
Ither sources
Various 17593156
Agents balance previously charged off 671517
Borrowed money 10000000
28264673
Total income 738099625
Carried forward 1940757783
Disbursements
Net amount paid policyholders for losses 162475746
Legal and administrative expenses in adjustment of claims 15957457Insurance Department of Georgia
435
Commissions and allowances to agents 599730 07
Salaries of officers and employes 8341272
Rents and interest 42896823
Advertising printing postage telegrams etc 480 00000
Paid policyholders for dividends now stockholders 542 403 76
Loss on sale and decrease by adjustment of assets b44Udb
Other items 41912966
Taxes 76879911
Agents salaries etc lgg 3397s
Borrowed money repaid g25 4g
Agents balances charged ott 2g 2oe68
Legal expenses 9570119
Real estate repairs and expenses 149800188
692868914
Total disbursements
1247888869
Balance
Ledger Assets
4 243753856
Book value of real estate 950000
Mortgage loans first lien 950000 4 5Q1 g0i 45
Bonds at book value 200568400
Stocks at book value 5319161
Cash in office now branch offices l 13
Deposits at interest 7522771
Deposits not at interest 1 32434305
Agents balances net
Other items 13302191
Collateral loans 2 22442067
Total ledger assets as per balance No 23 1233528418
1 9139876
Various NonLedger Assets
581274
Interest due and accrued 34950814
Market value of assets over book value
1269080506
Total assets
Deduct Assets Not Admitted
Agents balances over 90 days S 37650515
37650515
Total not admitted assets
1231409991
Total admitted assets
Liabilities
Net amount of unpaid losses and claims ImIm
Reserves or unearned premiums on risks outstanding 50 000 00
Salaries and miscellaneous accounts due or accrued 381 059 87
Taxes due or accrued
Brtimated expenses of investigation and adjustment
of unpaid claims 4r9o78 25
Return premiums and reinsurance 63394070
Special reserves 110307395
Total amount of liabilities except capital 719003566
Capital actually paid 111 cash 2 12406425
Surplus over all liabilities zLjtuoto
Surplus protection to policyholders
1231409991
Total liabilities
Business in Force Miscellaneous
f 1Q1Q 724605344
In force December 31st 1919 J 9 00962446
Written or renewed during year ZZZZV 1625567790
DStoStaSSrf5 gSflOI
In force December 3lst WV 2 378 926 12
Iduel amount reinsurance JWJIIHh
436 Annual Report
Net premiums in force 665948415
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
Sreiy 4426861 3849476
burety 7596995 2122 56
Burglary and theft 257592 41949
Totals f 12281448 4103681
FIDELITY UNION CASUALTY COMPANY
Browder and Royal Streets Dallas Texas
HP Bailey President Geo A Chatfield Secretary
Attorney for service in GeorgiaR A Kennedy 201 Walton Building
Atlanta Ga
Kinds of business done in GeorgiaWorkmens Compensation Manufac
turers and Public Liability Automobile Liability Property
Damage and Collision Owners Landlords and Tenants
Liability Teams Liability Elevator Liability and Plate Glass
Income
Gross premiums on new business 92461
Total premiums Piei
Other sources
Paidin capital 20000000
Paidin surplus 5000000
25000000
Total income 25092461
Disbursements
Commissions and allowances to agents 23115
Other items 23115
Insurance department licenses and fees 1295
1295
Total disbursements TTTo
Baltance 25068051
Ledger Assets
Mortgage loans rst lien i orn nn
Deposits not at interest I in
Agents balances net I 69346
Total ledger assets as per balance No 23 250 680 51
NonLedger Assets
Interest due and accrued g 260 79
Total assets 25094130
Liabilities
Net amount of unpaid losses and claims 277 37
Reserves or unearned premiums on risks outstanding 46230
Total amount of liabilities except capital 73967
Capital actually paid in cash 200000 od
Surplus over all liabilities 5020163
Surplus protection to policyholders 230201 63
Total iabilitiees 25T94L30Insurance Department of Georgia 437
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORATION LTD
Fourth and Walnut Streets Philadelphia Pa
Frederick Richardson United States Manager
Attorney for service in GeorgiaThomas Lewis Atlanta Ga
Kinds of business done in GeorgiaAccident Health Liability Burglary Auto
and Teams Property Damage
Amount of paidup capital trR
Ledger assets Dec 31st 1919 592326557
t 592326557
Extended at v
Income
Gross premiums on new business 1104799190
Deduct amount paid for insurance and return pre
miums 335558526
769240664
Total premiums 165 92959
Interest and rents nqniii
Profits on sale or increase by adjustment of assets iioioo
Remittances from home office to U S branch 4000000
Policy fees required or represented by applications 5123900 9123900
806908958
Total income
1399235515
Carried forward T J
Disbursements
Net amount paid policyholders for losses 3606l66n
Legal and administrative expenses m adjustment of claims 72JiJil
Commissions and allowances to agents 21703874
Salaries of officers and employes 37299l2
Rents and interest 131415 99
Advertising printing postage telegrams etc xiow
Other items 1 930 no
Policy fees retained by agents 14459
Medical examiners 82 025 84
Inspections 11 nicqo
Repairs and expenses on real estate oioRsq 77
Licenses fees and taxes 93311 26
Miscellaneous expense 1SRS709
Agents balances charged off 40 00000
Borrowed money repaid 43924387
632750620
Total disbursements 1
766484895
Balance
Ledger Asset
22471834
Book value of real estate T 4 31761871
Bonds at book value 83g 48801
Stocks at book value 99 40745
Cash in office 10571743
Deposits at interest 18569031
Deposits not at interest j 77286781
Agents balances net
Other items IS 68 76574
eents and sundry balances cokk ik
Amount recoverable for reinsurance on paid losses 6257515 gg
1 vr 766484895
Total ledger assets as per balance No LA
NonLedger Assets
5691779
Interest due and accrued
772176674
Total assets
Deduct Assets Not Admitted
8153959
Agents balances
Other items 6876574
Agents and sundry balances M 52
Book value of R K over market value luwsafstki
438 Annual Report
Book value of bonds and stocks over market value 43709997
Total not admitted assets 58847382
Total admitted assets 713329292
Liabilities
Net amount of unpaid losses and claims 282410134
Reserves or unearned premiums on risks outstanding 257586122
Dividends to policyholders declared but unpaid 1435000
Salaries and miscellaneous accounts due or accrued 20493683
Other items
Commissions due on policies effective on or after
October 1 1920 36500920
Reinsurance 3754200
Expense of investigation and adjustment of claims 900000
Agents and sundry credit balances 338331
41493511
Total amount of liabilities except capital 603418450
Capital actually paid in cash 40000000
Surplus over all liabilities 69910842
Surplus protection to policyholders 109910842
Total liabilities 713329292
Premiums in Force Miscellaneous Companies
In force December 31st 1919 436727465
Written or renewed during year 11 047 991 90
Sum 1541526655
Deduct ceased to be in force during year 961760906
In force December 31st 1920 579765749
Deduct amount reinsured 71387617
Net premiums in force 508378132
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 1646393 289947
Health 1480052 1029573
Liability 59276T 68139
Burglary and theft 83808 9940
Auto and teams property damage 341684 196174
Totals 4144698 1593773
GEORGIA CASUALTY COMPANY
rrir4 Mulberry street Macon Ga
VV 10 Small President E P Amedine Seer
Kinds of business done in GeorgiaLiability Plate Glass Burglary
and Teams Property Damage Workmens Collective
Amount of paidup capital 30054000
Ledger assets Dec 31 1919 223219101
Extended at o 232
Income
Gross premiums on new business 334395150
Deducl amount paid for insurance and return
premiums 71384616
Total premiums 2 630
Interest and rents 112
Total income 2 742
Carried forward 4 gy
etary
Auto
19101
imi
73160
74Insurance Department of Georgia
439

Disbursements
Xet amount paid policyholders for losses aaMssS
Legal and administrative expenses in adustment of claims 212dJb4
Commissions and allowances to agents 1006O8 00
Salaries of officers and employes 5 520 00
Rents and interest i
Advertising printing postage telegramse tc 9404090
Paid stockholders for dividends Mu
Other items n
Furniture and fixtures 0491 94
Agents balances charged off vniqo
Agents miscellaneous expenses 74061
Inspections oRni
Real estate repairs nrioKO
Real estate taxes 9000900
Federal taxes coivosi
Insurance department taxes 1 iar
Interest and exchange jj
Traveling expense iClJ
Auditing expense 1 cfiooo
Home office general expense 193 67197
Total disbursements 261122061
286380834
Balance
Ledger Assets
Book value of real state jZ292
Mortgage loans first lien So277B81
Bonds at book value 11750bo
Stocks al book value 8 376 62
Casli in office 17204 62
Deposits at interest ioAoo54
Deposits not at interest 97004 87
Agents balances net UU4S7
other items R
collateral loans oSSSaSS
Premiums in course of collection biiae0
Bills receivable 1 caoo
Advance traveling expense ISi
Printing plant and and equipment4i tub
Total ledger assets as per balance No 23 236380834
NonLedger Assets
Interest due and accrued 1567783
Other items k 069 27
Rents due and accrued ttuoa 606927
238555544
Total assets
Deduct Assets Not Admitted
Agents balances 2lVAl
Bills receivable imtt
OfTTer items
Premiums in course of collection prior to
October 1 1920 I 1I2772J
Printing shop and equipment Jiinn
Advance traveling expenses iseuui
Book value of stocks and bonds over market 146761
value
Total not admitted assets J6781091
Total admitted assets 231774453
Liabilities
Xet amount of unpaid losses and claims f qHosst
Unearned premiums on risks outstanding 5385U
Salaries and miscellaneous acounts due or acrued and com 14760g63
missions accrued asmk
440
Annual Report
Taxes due or accrued 7n
Reinsurance JJL JI1T 2067il 41bod
206751
Total amount of liabilities except capital 1 7S1 S 16
Capital actually paid in cash 300 540 00
Surplus over all liabilities 235920 97
Surplus protection to policyholders 53646097
Total liabilities 2 317 744 53
Premiums in Force Miscellaneous Companies
In force December 31 1919 1 64 U0 96
Written or renewed during year 334395L30
0 UI 1 1 QfiS 1 19 l
Deduct ceased to be in force during year ZZ 3189SfU
In force Dec 31 1920 1 798 tn i
Deduct amount returned 13649It
Net premiums in force 1 784655 46
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
T the year
Plate lasS 15645844 590S443
1 Kite iabS o krk r ci 0
Burglary and theft 272359 lM2
Auto and teams property damage 43403S 24 in
Workmens collective 2017 6000
Totals 21715420 9240S59
Investments in Georgia
Real estate 37500000
Bonds and stocks 197 186 64
Mortgage loans SSgsililO
Collateral loans 4056563
Other items
Miscellaneous assets 33 442 00
Total investenmts in Georgia 1 io n
GLOBE INDEMNITY COMPANY
Washington Place Newark N J
A Duncan Reid President f H Kingsburv Secretary
Attorney for service in GeorgiaFrank Adair Atlanta Ga
Kinds of business done in GeorgiaAccident Health Liability Fidelity Sure
ty Plate Glass Steam Boiler Burglary Engine and Fly Wheel
Auto and Teams Property Damage Workmens Collection
Amount of paidup assets 750 000 00
Ledger assets Dec 31st 1919 1082665743
Extended at 1082665743
Income
Gross renewal premiums 15972412 61
Deduct amount paid for insurance and return pre
miums 533393465
Total premiums 1063847796
Interest and rents 409 095 75
Profits on sale or increase by adjustment of assets I 876749
Total income 1105634120
Carried forward 2188299863Insurance Department of Georgia
441
Disbursements
Net amount paid policyholders tor losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Inspections
State taxes on premiums
Legal expenses
Capital Stock tax
Federal tax
Licenses fees and war revenue tax
Insurance department licenses and fees
Auditors feesg
Surety bonds
Insurance
Mercantile reports
Tabulating machines
Subscriptions to publications
Sundry expenses
402614386
55375326
225167861
85164247
4037164
14005668
15000000
287947
17011192
15687570
198418
147000
234612
9998822
1053096
513815
272268
507991
236550
290746
151565
1209107
47512752
Toal
disbursements 849165341
Balance 1339134522
Ledger Assets
Book value of real estaterrs
Mortgage loans first lien 3181250 other than first lien 2700
Bonds at book value
Stocks at book value
Deposits at interest
Premiums in course of collection 226457987
14461154
3451250
79362585
81989650
70619050
European General Reinsurance Company
Norwegian Globe Reinsurance Company
Reinsurance losses recoverable
New York ExciseEquity
Workmens Compensation ReInsurance Bureau
Sundry ledger accounts equity
1021781
670458
2166082
1791175
23855348
3137504
259100335
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
1339134522
8941553
1348076075
Total assets
Deduct Assets Not Admitted
Agents balances f 3137504
Other items
Premiums in course of collective effective prior to
October 1st 1920 285Didb
Book value of bonds and stocks over market value 37151269
Mortgage loan on real estate second lienA700UO
Total not admitted assets 69110141
1278965934
502487762
480355047
7000000
25000000
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Estimated expenses of investigation and adjust
ment of unpaid claims
Commissions 7
Voluntary reserve for claims and contingencies
4792200
46371607
35000000
86163807
Total amount of liabilities 1101006616
Capital actually paid in cash 75000000mm
442
Annual Report
Surplus over all liabilities 102959318
Surplus protection to policyholders 177959318
Total liabilities 1278965931
Premiums in Force Miscellaneous Companies
In force December 31st 1919 838375498
Written or renewed during year 1597241261
Sum 2435616759
Deduct ceased to be in force during year 1306672549
In force December 31st 1920 1128944210
Deduct amount returned 195308557
Net premiums in force 9336335653
Business in Georgia During 1920
Gross Premium
Less Return Pre
miums on Risks Gross losses
Written or Re Paid
newed during
the year
Accident 125202 2000
Health 145060 57660
Liability 2829817 586812
Fidelity 426783 19527
Surety 362783
Plate glass 635573 177872
Burglary and theft 155235 23400
Auto and teams property damage 829186 352856
Totals 5509569 1220157
KARTFORB ACCIDENT AND INDEMNITY COMPANY
i
125 Trumlmll Street Hartford Conn
M Bissell President 1 Collins
Lee Secrete i y
Norman R Moray Vke1resident and General Manager
Attorney lor service in GeorgiaCary 1 Baker Atlanta Ga
Kinds of business done in GeorgiaFidelity Surety and Casualty Insurance
Amount of paidup capital 700000000
Ledger assets Dee 1 1919 958276872
Extended at 9582 7672
Income
Gross premiums on new business
Deduct amount paid for reinsurance and return
premiums
1280932 136
325191563
Total premoums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Agents balances previously charged off
955740873
34205049
125000
99405
Total income 990170327
Carried forward 1948447199
Disbursements
Net amount paid policyholders for losses 3
Legal and administrative expenses in adjustment of assets
Commissions and allowances to agents
Salaries and expenses of agents ami pay roll
atiditors
Inspections oilier than medical and claim
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends I
Loss on sale and decrease by adjustment of assets
ther items
61083S
689852
945235
385705
I6705S
474045
83263
191218
5000
2 IllInsurance Department of Georgia
443
25736012
Insurance and federal taxes etcf 55385
City and county taxes iR39750
State corporation tax il20 26
Publication fees 2222 38
Miscellaneous taxes and fees oqnR76
Commercial Rating and Information Bureau Iogg
Subscription to publications 14s54 66
Salaries to local boards ci70848
Surety bonds and insurance rqm82
Home office sundry expense 5567733
781347595
Total disbursements
1167099601
Balance
Ledger Assets
Bonds at book value 784finn7n
Stocks at book value 66 468 85
Cash in office 1 208o2 46
Deposits at interest 9fi9i q 1 4
Premiums in course of collection iuvi
Other items
Bills receivable MJ0
Advances made for completion of contracts un
der surety bonds 2021774o
funds in hands of Workmens Compensation Re
insurance Bureau ijuijwo
Funds in hands of Workmens Copensation Re
insurance Bureau held for estimated unpaid
losses
ilinsurance losses recoverable on paid losses
per schedule E 5i f 7
Equity New York excise fund LSmo
Agents sundry balancesaj 426 673 88
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued

Total assets
1167099604
91713
Deduct Assets Not Admitted
3478533
1176270932
Agents balances
Bills receivable
Other items
Book value of stocks and bonds
Premiums in course of collection
Advances made for completion of contracts under
surety bonds
Funds in hands of Workmens Compensation
Bureau held for estimated unpaid losses
83954
22343271
12387630
202177 IT
1467990
Total not admitted assets
Total admitted assets
59979123
1116291809
Liabilities
Net amount of unpaid losses and claimszIm
Reserves or unearned premiums on risks outstanding
Commissions 1
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
430990614
391760005
49168304
1557815
20399100
Total amount of liabilities except capital
Capital actally paid in cash 1 00000000
Surplus over all liabilities 122415961
Surplus protection to policyholders
Total liabilities
893875848
222415961
1116291809m
444
Annual Report
Premiums in Force Miscellaneous Companies
In force December 31 1919 699530896
Written or renewed during year 280932436
Sum 980463322
Deduct ceased to be in force during year 127757 113
In force December 31st 1920 S52705889
I ieduct amount reinsured 8640377
Xet premiums in force 766302118
Business in Georgia During 1920
Gross Premium
Less Return Pre
miums on Risks Gross losses
Written or Re Paid
newed during
the year
Accident 413219 77820
Health 327858 78567
Liability 2544564 622350
Fidelity 861546 207200
Surety 1176527
Plate glass 514573 263171
Burglary and theft 491660 15615 1
Auto and teams property damage 1328163 661110
Live stock 48245V 105000
Totals SI40568 2171372
Investments in Georgia
Bonds 2500000
Total investments in Georgia 2500000
HARTFORD LIVE STOCK INSURANCE COMPANY
58 Maiden Lane New York N Y
R M Bissell President Jas L D Kearney
Amount of paidup capital 500000 00
Ledger assets Dec 31st 1919 110688956
Extended at
Income
Gross premiums on new business 192834162
Deduct amount paid for insurance and return pre
miums 92328971
Total premiums
Interest and rents
Other sources
Agents balances previously charged off
Total income
c allied forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Federal state taxes and fees
Newspapers and periodicals
Total disbursements
Balance
Secretarv
110688956
100505181
4106628
10416
104622225
215311181
39420185
942628
12692886
13419923
296450
3067951
3791
72665312
Ledger Assets
Bonds at book value
Deposits at interest
Agents balances net
142645869
71959522
39523608
29427304Insurance Department of Georgia
445
Other items 17 1 c
Dues from other Companies for reinsurance natnao
Total ledger assets as per balance No 23 142645869
NonLedger Assets
Interest due and accrued 873464
Total assets 143519333
Deduct Assets Not Admitted
Agents balances 2268235
Other items c
Book value of bonds and stocks over market value 25595
Total not admitted assets 4827757
Total admitted assets 138691576
Liabilities
Net amount of unpaid losses and claims ojj22i2
Reserves or unearned premiums on risks outstanding iknnnnn
Taxes due or accrued iouvuuu
Other items 4K nr 7o
Commissions and bookings due agents or brokers itivtou
Total amount of liabilities except capital 45738275
Capital actually paid in cash 5o22Sft
Surplus over all liabilities 429533U1
Surplus protection to policyholders 92953301
138691576
Total liabilities v
Premiums in Force Miscellaneous Companies
In force December 31st 1919 qls34152
Written or renewed during year 224999869
Deduct ceased to be in force during year Viol 97 R7
In force December 31st 1920 50061116
Deduct amount returned 72266446
Net premiums in force
Business in Georgia During 1920
Grass Premium
Less Return Pre
miums on Risks Gross losses
Written or Re Paid
newed during
the year
a 942749 607500
Live Stock
rn 942749 607500
Totals
HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY
56 Prospect St Hartford Conn
h R Takp President Wm R c Carson Secretary
haS Kinds of business done in GeorgiaBoiler Fly Wheel and Engine
Amount of paidup capital IsKoll
Ledger assets Dec 31 1918 g5btMiun
855625011
Extended at
Income
Gross premiums on new business 412862a80
Deduct amount paid for insurance and return pre g
mi urns
333534688
Total premiums 38078131
Interest and rents CirVifrfmVntnfat 304440
Profits on sale or increase by adjustment 01 asets
ithor sourcesfJHSffki
446
Annual Report
Inspections
10578945
10578945
Total income 382496204
Carried forward 1238121215
Disbursements
Net amount paid policyholders tor losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 51017020
Salaries of officers and employes
Rents and interest
Advertising printing postage telegram etcHZ ZZZ I
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets11
Other items
Inspections
State and federal taxes
89655392
29638973
37999697
82333
51017020
59589585
3882485
9949693
25000000
3473837
119294365
Total disbursements
Balance 1
Book value of real estate
Mortgage loans first lien
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Ledger Assets
310289065
i 927832150
9000000
154325000
560653256
88142268
801385
35236009
651794
79022438
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 6202494
927832150
11665478
939497628
Bills receivable
Total not admitted assets
29952024
36154518
Total admitted assets
Liabilities
Net amount of unpaid uosses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Other liabilities see page 5 of statement
Total amount of liabilities except capital
Capital actually paid in cash 2000000 00
Surplus over all liabilities 1927117 34
903343110
20516080
451219411
14963989
20000000
3931896
510631376
Surplus protection to policyholders 392711734
Total liabilities 903343110
Premiums in Force Miscellaneous Companies
In force December 31 1919
Written or renewed during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Deduct amount returned
Net premiums in force
725872815
411862580
138735395
259295578
879439817
43507864
835931953Insurance Department of Georgia
Business in Georgia During 1920
Gross Premium
Less Return Pre
miums on Risks
Written or Re
newed during
the year
32 19918
Steam boiler lo7432
Fly wheel and engine
4294243
Totals
447
Gross losses
Paid
131994
3000

1349
INDEMNITY INSURANCE COMPANY OF NORTH AMERICA
212 South Third St Philadelphia Pa Secretary
Benjamin Rush President ronririaRobert N Hughs Atlanta Ga
lSS2SfcSUty Fidelity and Surety
t 100000000
Amount of paidup capital
Extended at
100000000
Gross premiums on new businessfnre
Deduct amount paid for insurance and returnpre
51028599
9031096
Total premiums
KTonnii
Other sources
Surplus paid in
100000000
Total income
Carried forward
Disbursements
lid policyholders for losses
rrlASiBlntmnt of claims
Commfssions and allowances to agents
a First year
6311688
Salaries of officers and employes andtravelingeXpese
Paid stockholders for dividenas
Other items
sScronlopuwTUons
Home office general expense
Exchange
Total disbursements
Balance
Ledger Assets
41997503
4807392
640750
100000000
147445645
247445645
44176
140250
1 64214
57
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net
EouityTnSthe funds of the workmencompensation
undrr balances and advance
expenses
traveling

59789
52156
Tota edger assets as per balance No 23
1000081
1114480
6311688
9938258
1065936
9031200
1000000
348697
29810340
217635305
1 40010350
13346250
869734
380538 25
25243201
111945
217635305
448
Annual Report
T NonIedger Assets
Interest due or accrued
Market value of assets over book value
Other items
Losses recoverable from reinsuring companies
57659
1693750
2613400
57659
Total assets 222000114
Deduct Assets Not Admitted
Agents balances s 521 56
Other items
Loss reserve of the workmens compensation re
insurance bureau 37
Premiums in course of collection effective prior to
Oct 1 1920 1 204325
256518
Total not admitted assets
Total admitted assets f 221743596
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Reserve for commissions brokerage etc
Reserve for expenses of investigation and adjust
ment etc
6098586
22220589
510000
1190000
5554708
113500
5668208
Total amount of liabilities except capital
Capital actually paid in cash 1000 00000
Surplus over all liabilities 86o562 13
35687383
Surplus protection to policyholders 186056213
Total liabilities 221743596
Premiums in Force Miscellaneous Companies
Written or renewed during vear
Sum
Deduct ceased to be in force during year and cancellations
Tn force December 31st 1920
Deduct amount reinsured
Net premiums in force
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks
Written or Re
newed during
the year
Accident
Health
Liability
Fidelity
Surety
Plate glass
Burglary and theft
Auto and teams property damage I
51028599
51028599
6316786
44711813
3505987
41205826
Gross losses
Paid
249936
160036
129323
22750
37500
139508
21380
7100
Totalrt
767533
INTEGRITY MUTUAL CASUALTY CO
220 S State Chicago Illinois
J C Adderly President w N Alder1v Secretary
Attorney for service in GeorgiaL Wessels Jr Savannah
Kinds of business done in GeorgiaMiscellaneous Casualty
Amount of paidup capital Mutual Company
Ledger assets Dec 31 1919 1 090 249 73
Extended at 109024973Insurance Department of Georgia
449
Income
Gross premiums on new business 297524096
Deduct amount paid for insurance and return
premiums 42193030
Total premiums 255331066
Interest and rents 3757725
Profits on sale or increase by adjustment of assets 201744
Other sources
Commission brokerage 198544
Balances previously charged off 189364
387908
Total income 259678443
Carried forward 368703416
Disbursements
Net amount paid policyholders for losses 77153211
Legal and administrative expenses in adjustment of claims 13ol8176
Salaries of officers and employes 22278418
Rents and interest 2239888
Advertising printing postage telegrams etc 2045178o
Paid policyholders for dividends 32788163
Loss on sale and decrease by adjustment of assets 409124
Other items
Borrowed money repaid and interest thereon 7529167
Balance charged off 459375
Expenses and taxes on real estate 42368
Taxes state Federal etc 3937646
11968556
Total disbursements 180307321
Balance 188396095
Ledger Assets
Book value of real estate 410622
Mortgage loans first lien 3855oo0
Bonds at book value 77458ll3
Cash in office 6357l7
Deposits at interest 213584s5
Deposits not at interest 2690109
Agents balances net 81292814
Other items
Hills receivable 628335
Miscel amts receivable 66900
695235
Total ledger assets as per balance No 23 188396095
NonLedger Assets
Interest due and accrued 1224918
Other items
Furniture and fixtures 7592472
Total assets 197213485
Deduct assets Not Admitted
Agents balances 1772403
Bills receivable 628335
Other items
Furniture and fixtures 7592472
Miscel amts rec 66900
10060110
Total admitted assets 187153375Mgrv
450
Annual Report
Liabilities
Net amount of unpaid losses and clalVntetandins
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous aeounts due or accrued
Taxes due or accrued
Other items
Unpaid return premiums a
Reserve for claim expense
nd reinsurance
2351441
636180
622a2350
7663653S
400000
4100000
2987621
Total amount of liabilities except capital
Surplus over all liabilities
40776866
146376509
Surplus protection
to policyholders
40776866
Total liabilities
187153375
Premiums in Force Miscellaneous Companies
In force December 31 1919
Written or renewed during year
DedVt7ea7etobeTn force during year
In force December 31st 1920
Deduct amount returned
67290276
297524096
364814372
233830091
130984251
42193030
Net premiums
force
Business in Georgia During 1920
887912r1
Accident
Liability
Auto and teams property damage
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
4368
14260 26000
47278
Totals
65896
INTERSTATE CASUALTY COMPANY
Clark Building Birmingham Ala
T St0kAeirnJerySfornservice in Georgia1 L HolmesUaGa8
Kinds of ST5 GeorgiaLiabilityAutomobile and Teams

Extended at
Income
Gross premiums on new business 118000979
Deduct aSount paid for insurance and return pre
miums
6000
ecretary
Property
89688S41
31646238
Total premiums
Other sources
Agents balances
Borrowed money
8478
1000000
863547 43
2949834
38500
1008478
Total income
Carried forward
90351555
180039896
Disbursements
Commissions and allowances to agents
42201412
9454449
23540312Insurance Department of Georgia
451
Salaries of officers and employes 3290810
Rents and interest 1J82490
Advertising printing postage telegrams etc 1407556
Paid policyholders for dividends 1800000
Other items
General expense 686090
Investment expense 221684
Legal expense 204289
Taxes 2633355
Borrowed money repaid 10 OOTlOO
4745418
Total disbursements 86622447
Balance 93417449
Ledger Assets
Book value of real estate 165 225 00
Mortgage loans first lien 2950000
Bonds at book value 499651 68
Cash in office 24762 98
Deposits at interest 601965
Deposits not at interest 2202762
Agents balances net 18l215 53
Other items
Accounts receivable 3876
Cash with attorneys and reinsurers 219833
Due from other companies 4 534 94
677203
Total ledger assets as per balance No 23 93417449
NonLedger Assets
Interest due and accrued g 15693
Total assets J 94223142
Deduct Assets Not Admitted
Agents balances 258525
Other items
Difference book and market value bonds 1571450
Total not admitted assets 1 1829975
Total admitted assets If 923 93167
Liabilities
Net amount of unpaid losses and claims 246 672 30
Reserves or unearned premiums on risks outstanding ZZ 223653 11
Salaries and miscellaneous accounts due or accrued 530 34
Taxes due or accrued iq 32814
Other items
Commissions 41 47 57
Total amount of liabilities except capital I 52259 46
Capital actually paid in cash 30000000
Surplus over all liabilities 10134021
Surplus protection to policyholders 401 34Q 21
Total liabilities 7 92393167
Premiums in Force Miscellaneous Companies
In force December 31 1919 298 788 96
Written or renewed during year ZZZZZZ 1180 00979
Sum l478 790 75
Deduct ceased to be in force during year 862 419 67
In force December 31st 1920 616379 08
Deduct amount returned ZZ 16907287
Net premiums in force 447306 21
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross losses
Written or Re Paid
newed during
t u the year
Liability 2251713 343200
Auto and teams property damage 1403845 837999
Totals 3655558 1 1181199MHfi
452
Annual Report
LIBERTY MUTUAL INSURANCE COMPANY
210 Lincoln Street Boston Massachusetts
Ledger assets Dec 31 1919 t 599302648
599302648
Fxtended at
Income
Gross premiums on new business HIHaHk
Gross renewal premiums 484130ost
Deduct amount paid for insurance and return
premiums
650309341
Total premims 25106531
Interest and rentsrrrrV11 fi 571 9
Profits on sale or increase by adjustment of assets ooi
Other sources n71 ofi
From members balances previously charged off 1u1z
676180127
Total income
Carried forward 12482775
Disbursements
Net amount paid policyholders for losses 2ni9Rs
Legal and administrative expenses in adjustment of claims 501b555S
Salaries of officers and employes Nv 42B47
Rents and interest liinsaai
Advertising printing postage telegrams etc 1260o683
1 aid policpholders for dividends Iii
Loss on sale and decrease by adjustment of assets inn
Otlier items
Salaries traveling and all otlier expenses of
agents not paid by commissions 1 n0l
Surplus participation certs redeemed Tf
Irsections other than medical and claim 23701b9i
tutval Compensation Insurance Co 2460
State taxes on premiums 6522738
Insurance Department licenses and fees 243552
Interest on surplus participation certs 241439
War revenue tax 4514234
Capital stock tax Federal 151600
rersonal property tax 14711
Members balances charged off 848759
53806973
Total disbursements t 513112641
Balance 762370131
Ledger Assets
Bonds at book value 613148634
Stocks at book value 5000000
Cash in office 1364951
Deposits at interest 34631721
i remiums in course of collection 106138933
Tills receivable 716846
t ther items
Advances to employees for the payment of
losses and expenses 444000
Other accounts receivable 925049
1369049
Total ledger assets as per balance Xo 23
NonLedger Assets
Interest due and accrued
762370134
7394656
Total assets
769764790Insurance Department of Georgia
453
Deduct Assets Not Admitted
Bills receivable 481667
Other items
Premiums in course of collection effective prior
to October 1 1920 9480244
Advances to employees 444000
Other accounts receivable 925049
Overdue and accrued interest on bonds in default 611875
Book value of bonds and stocks over market value 15077494
Interest on notes taken in settlement of accounts
90 days or more overdue 14051
Total not admitted assets 27034380
Total admitted assets 742730410
Liabilities
Net amount of unpaid losses and claims 362672199
Reserves or unearned premiums on risks outstanding 212393812
Dividends to pollcyholders declared but unpaid 48405231
Salaries and miscellaneous accounts due or accrued 4841359
Taxes due or accrued 9677185
Other items
Interest accrued on surplus participation certi
ficates 74317
Reinsurance 983718
Surplus participating certificates 1921 issue 93829
Mutual Compensation Insurance Co covered
by collateral 403544
1555108
Total amont of liabilities except capital 639145194
Surplus over all liabilities 103185216
Surplus protection to policyholders 103185216
Total liabilities 742730110
Premiums in Force Miscellaneous Companies
In force December 31 1919 323962178
Written or renewed during year 653524526
Sum 977486701
Deduct ceased to be in force during year 576801787
In force December 31st 1920 400684917
Deduct amount returned 914407
Net premiums in force 399770510
Business in Georgia During 1920
Gross Premiums
Less Return Pre
iniums on Risks Gross losses
Written or Re Paid
newed during
the Year
Liability 1600
Totals 1600

LLOYDS PLATE GLASS INSURANCE COMPANY
6163 William St Xew York N Y
William T Woods President Charles E W Chambers Secretary
Kinds of business done in GeorgiaPlate Glass
Amount of paidup capital 25000000
Ledger assets Dec 31 1918 111165241
Extended at 111165241
Income
dross premiums on new business 189143712itssmu
454
Annual Report
Deduct amount paid for insurance and return pre
46071937
miums
143071775
Total premiums 5969931
Interest and rentsriZZZiZ 337 22415
Profits on sale or increase by adjustment of assets iii
Other sources 110 19
New York state income tax colected
182775140
Total income
293940381
Carried forward
Disbursements
Net amount paid policyholders for losses 62277474
Commissions and allowances to agents
a First year and b Renewal 4Haai 91 088g7
7275 58
Salaries of officers and employes Vjn i84
Rents and interest repairs and expense on real estate 3255084
Advertising printing postage telegrams furniture and fixtures
Low on safe iSTSiSSSWifiSSSSrSSSri real estate
b bonds c stocks per schedule
Other items 761683
Sundries 4855116
New plate glass
Stockholders for dividends amount declared during year
K 3000000
Cash I 8616799
138951954
Total disbursements
154988427
Balance
Ledger Assets
f 51950000
Mortgage loans first hen 41g 724 04
Bonds at book value 16600875
Stocks at book value 547i87
Cash in office 12l032 27
Deposits at interest 31914734
Agents balances net
Total ledger assets as per balance No 23 154988427
NonLedger Assets
Interest due and accrued 5659J5
Other items 4 760 55
Salvage glass on hand in997
New plate grass 14500
Sundry accounts 792812
156347179
Total assets
Deduct Assets Not Admitted
Agents balances 1066335
Other items 7fin Kr
Salvage glass on hand 0J
New plate glass 14500
Sundry accounts 7 on Jo
Book value of bonds and stocks over market value 2073879
Total not admitted assets 3933026
Total admitted assets 152414153
Liabilities
Net amount of unpaid losses and claims ifslwi
K erve unearned premiums on risks outstanding 11SAltl
Salaries and miscellaneous accounts due or accrued 161996
Other items no 19
Income tax collected ilu13Insurance Department of Georgia
455
Commissions due or to become due agents or
brokers 9254520
Estimated hereafter payable for federal state and
other taxes based upon the business 4000000
Return premiums 536340
13801879
Total amount of liabilities except capital 98547898
Capital actually paid in cash 25000000
Surplus over all liabilities 28866255
Surplus protection to policyholders 53866255
Total liabilities 152414153
Premiums in Force Miscellaneous Companies
In force December 31 1919 96088646
Miscellaneous or renewed during year 189143712
Sum 285232358
Deduct ceased to be in force during year 141179104
In force December 31st 1920 144053254
Net premiums in force 144053254
Business in Georgia During 1920
Gros Premium
Less Return Pre
miums on Risks Gross losses
Written or Re Paid
newed during
the year
Plate glass 550965 265995
TJotals 550965 265995
LONDON GUARANTEE AND ACCIDENT CO LTD
134 S LaSalle St Chicago Illinois
W Lawson United States Manager
Attorney for service in GeorgiaRoss Grant Atlanta Ga
Kinds of business done in GeorgiaInsurance
Amount of capital deposit 50000000
Ledger asseCs Dec 31 1919 1519309704
Extended at 1519309704
Income
Gross renewal premiums 1817984034
Deduct amount paid for insurance and return
premiums 399214724
Total premiums 1418769310
Interest and rents 60400599
Profits on sale or increase by adjustment of assets 2246717
Total income 1481416626
Carried forward 3000726330
Disbursements
Net amount paid policyholders for losses 555779162
Legal and administrative expenses in adjustment of claims 85219575
Commissions and allowances to agents 278476992
Salaries of officers and employes 126629002
Rents and taxes 56702384
Advertising printing postage telegrams etc 23486814
Paid policyholders for dividends 58833958
Loss on sale and decrease by adjustment of assets 647721
Oilier items
Agents balances charged off 67964
Co insurance premiums remitted to otherMam
456
Annual Report
companies
668450
736414
Total disbursemen
ts 1186512022
Balance 1814214308
Ledger Assets
Collateral loan
Mortgage loans first lien J
Bonds at book value ifn
46
714
Stocks at book value
Cash In office
Deposits at interest
Uncollected premiums 3bZl
Other items
Compensation reinsurance bureau funds
Cash in branch claim departments
Agents balances subject to adiustment net
Uncollected coinsurance losses due from asso
ciated Companies
Traveling suspense 622160 loss suspense
2045519
62500
00000
11444
80000
59262
34864
32026
45538928
6725000
1395397
4707208
2667679
61034212
Total ledger assets as per balance No 23 1814214308
NonLedger Assets
Interest due and accrued 22469549
Total assets t 1836683857
Deduct Assets Not Admitted
Uncollected premiums 74497454
Interest in default 1975000
Book value of bonds and stocks over market
value 77132958
Other items
Traveling suspense 622160
Cash in branch claim depts 353500
Comp reinsurance bureau 4751998
Agents balances subject to adjustment gross 7347238
Total not admitted assets t 166680308
Total admitted assets 1670003549
Liabilities
Net amount of unpaid losses and claims and adjustment ex
pense 898279798
Reserves or unearned premiums on risks outstanding 432873240
Commissions unpaid 66383311
Salaries and miscellaneous accounts due or accrued 1846483
Taxes due or accrued 30257299
Other items
Due associated companies for coinsurance 5172404
Special reserve for Federal taxes 40000000
Voluntary additional reserve for contingencies 70000000
Total amount of liabilities except capital
Capital cash deposit
Surplus over all liabilities
50000000
75191014
115172404
1544812535
125191014
Surplus protection to policyholders
Total liabilities 1670003549Insurance Department of Georgia
457
Premiums in Force Miscellaneous Companies
In force December 31 1919 709319742
Written or renewed during year 1817984034
Sum 2527303776
Deduct ceased to be in force during year 1624152695
In force December 31 1920 903151081
Deduct amount reinsured 54853835
Net premiums in force 848297246
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross losses
Written or Re Paid
newed during
the year
Accident 1656126 313519
Health 968661 820474
Liability 11680538 3690505
Steam boiler 9190
Burglary and theft 724000 4096
Auto and teams property damage 1852089 30043
Workmens collective 2500
Totals 16893104 5914210
LOYAL PROTECTIVE INSURANCE COMPANY
581 Bolyston St Boston Mass
S A Allen President F R Parks Secretary
Attorney for service in GeorgiaInsurance Commissioner Atlanta Ga
Kinds of business done in GeorgiaPersonal Health and Accident
Amount of paidup capital 100 000 00
Ledger assets Dec 31 1919 63087900
Extended at 63087900
Income
Gross renewal premiums 87356568
Deduct amount paid for insurance and return pre
miums 312028
Total premiums 87044540
Interest and rents 2459003
Other sources
Policy fees 13031331
Bank exchange i 14600
Agents balances previously charged off 470987
13516958
Total income 103020501
Carried forward 166108401
Disbursements
Net amount paid policyholders for losses 49239018
Legal and administrative expenses in adjustment of claims 843474
Commissions and allowances to agents 17734346
Salaries of officers and employes 12910709
Rents and interest 961894
Advertising printing postage telegrams etc 2699222
Doss on sale and decrease by adjustment of assets 1565908
Other items
Salaries traveling and other expenses of agents 5142507
Medical expenses 22000
State taxes 136793
Insurance departments 445758
Federal taxes 1744499
Licenses fees etc 290422
Legal expenses 563731
Furniture and fixtures 452875
Dividends 1000000dram
458 Annual Report
Agents balances 643090
Charged oft other disbursements 1179779
12875454
Total disbursements 98830025
Balance 67278376
Ledger Assets
Bonds at book value i 40709561
Stocks at book value 5946501
Cash in office 264945
Deposits at interest 20357369
Total ledger assets as per balance No 23 67278376
NonLedger Assets
Tnterest due and accrued 644897
Market value of assets over book value 67923273
Total assets 67923273
Deduct Assets Not Admitted
Other items
Overdue ad accrued interest in default 168750
Book value of ledger assets over market value 3177062
Total not admitted assets 3345812
Total admitted assets 64577461
Liabilities
Net amount of unpaid losses and claims 12500000
Reserves or unearned premiums on risks outstanding 19598358
Dividends to policyholders declared but unpaid 505123
Taxes due or accrued 1971494
Total amount of liabilities except capital 34574975
Capital actualy paid in cash 10000000
Surplus over all liabilities 20002486
Surplus protection to policyholders 30002486
Total liabilities 64577461
Premiums in Force Miscellaneous Companies
In force December 31 1919 21429600
Written or renewed during year 87356568
Sum 108786168
Deduct ceased to be in force during year 82742518
In force December 31st 1920 26043650
Net premiums in force 26043650
Business in Georgia During1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Health s 264512 167605
Totals 264512 167605
LUMBERMENS MUTUAL CASUALTY CO
1624 Sheridan Road Chicago Illinois
James S Kemper President Edwin E Hooper Secretary
Attorney for service in GeorgiaJ L Riley
Georgia Savings Bank Bldg Atlanta Ga
Kinds of business done in GeorgiaMiscellaneous Casualty Insurance
Ledger assets Dec 31 191
ded at
68050597
10597Insurance Department of Georgia
459
Gross premiums on new business 194488852
Deduct amount paid for insurance and return
41826029
premiums
152662823
2281896
Total premiums
Interest and rents
Total income 154944719
Carried forward
Disbursements
222995316
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
First year and renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
43619994
14731849
5138540
11194445
409638
16630023
13916151
Total disbursements
Balance
Ledger Assets
Mortgage loans first lien
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
Total ledger assets as per balance Xo 23
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Total assets
Deduct assets Not Admitted
Agents balances 1698154
Total not admitted assets1
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Inspection fees
Voluntary reserve for contingencies
105640640
117354676
5505000
74782147
4196586
1769751
31101192
117354676
902452
9349
1182
169816 I
116568323
35961844
44090709
1850000
929670
3054056
Total amount of liabilities except capital
Surplus over all liabilities 30682044
Surplus protection to policyholders
S5S86279
30682044
Total liabilities
Premiums In Force Miscellaneous Companies
In force December 31 1919
Written or renewed during year
Sum
1 induct ceased to be in force during year
In force December Mist 1920
Deduct amount reinsured
Net premiums in force
116568323
45802006
19 1488852
240290858
147020213
93270645
5089227
88181 IisBHSPWib
460
Annual Report
Business in Georgia During 1920
Gross Premiums
Auto and teams property damage
Totals
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
402308 121967
402308
121967
LUMBER MUTUAL CASUALTY INSURANCE COMPANY OF NEW YORK
66 Broadway New York N Y
Maurice B Priesch President Thomas H Silver Secretary
Attorney for service in GeorgiaSamuel D Hewlett Atlanta Ga
Kinds of business done in GeorgiaCasualty
Ledger assets Dec 31 1919 59143978
Extended at 59143978
Income
Gross premiums on new business 114180142
Deduct amount paid for insurance and return pre
miums 14972057
Total premiums 92S2o
Interest 1900378
Total income 101108463
Carried forward 160252441
Disbursements
Net amount paid policyholders for losses 3IW525
Legal and administrative expenses of claims JJ
Commissions Jm
Salaries of officers and employes
Paid policyholders for dividends 78iiJbo
Other items
State taxes on premiums SScnn
Insurance department licenses and fees 38S
Federal taxes
War tax 60snn
Capital stock tax 5800
Miscellaneous disbursementsabun 22 gog 99
Total disbursements 69985128
Balance 90267313
Ledger Assets
Bonds at book value 2589rnnn
Cash in office SHX
Deposits at interest MSS
Deposits not at interest bzduuo
Other items
Premiums in course of collection Sincvev
Mutual corp reinsurance fund deposit ooScn
Managers acct 23 of earned prem basis 1888b5U 268 736 09
Total ledger assets as per balance No 23 90267313
NonLedger Assets
Interest due and accrued 277352
Other items 81
Additional premiums due on audits 105271
War tax oiKMiq
Managers expense 2WZ 2456319Insurance Department of Georgia 461
Loss ratio schedule P 60 6316248
Total assets 92088637
Deduct Assets Not Admitted
Other items
Premium in course of collection effective prior to
Oct 1 1920 1858943
Book value of bonds over market value 416469
Total not admitted assets 2275412
Total admitted assets 89813225
Liabilities
Net amount of unpaid losses and claims no215o2
Reserves or unearned premiums on risks outstanding 38901ii7
Dividends to policyholders declared but unpaid 2452565
Other items
Unearned premiums 19778378
Estimated amp payable acct taxes 1314347
21092725
Total amount of liabilities except capital 62662017
Surplus over all liabilities 27151208
Surplus protection to policyholders 27151208
Total liabilities 5 89813225
Premiums in Force Miscellaneous Companies
In force December 31 1919i ln
Written or renewed during year MliS n
eum l440b lHJb
DeductTceased to be in force during year 104511049
inforce December 31 1920 39556757
Investments in Georgia
Bonds 10000000
Total investments in Georgia 10000000
LUMBER MUTUAL CASUALTY INS CO OP NEW YORK
66 Broadway New York N Y
Marion 4E Preesel President Thos H Selven Secretary
Attorney for service in GeorgiaE J Brown 4th Natl Bank Building
Atlanta Ga
Kinds of business done in GeorgiaWorkmens Compensation
Ledger assets Dec 31 1918 37795696
Extended at 37795696
Income
Gross premiums on new business 70051535
Deduct amount paid for insurance and return
premiums 9204069
Total premiums 60847466
Other sources
Gross int on bonds and dividends on stock 251201
Gross Int on deposits in trust cos and banks 620934
Int matural corp recvs fund deposit 171894
1044029
Total income 61891495
Carried forward 99687191
Disbursements
Net amount paid policyholders for losses 18748229
Legal and administrative expenses in adjustment of claims 408090
Salaries of officers and employes 12776671
Paid policyholders for dividends 7182801
462
Annual Report
Other items
State taxes on premiums 363o62
Ins dept licenses and fees 192250
Federal tax 34306
War tax 465689
Miscellaneous 336851
Agents balances charged off 34764
1427422
Total disbursements 4054313
Balance1 oTmsTtS
Ledger Assets
Bonds at book value liHlo
Deposits at interest inMftftK
Deposits not at interest
Agents balances net 14803S0i
Other items
Matured corp Reins fund deposit 44i90S4
Managers acct 23 per cent E prem basis 479462
4958546
Total ledger assets as ped balance No 23 591439 iS
NonLedger Assets
Interest due and accrued inoS
Market value of assets over book value 30a4
Other items
Adde prem due on audits 7390217
State tax 73902
War tax 73902
Mgrs expense 23 per cent 1724384
Loss rates sched P 60 per cent 4434130
1083899
Int on bank balances accrued 22708
Total assets 60397144
Deduct assets Not Admitted
Other items
Premiums in course of collection effect prior to
Oct 1019 658218
Total not admitted assets 658218
Total admitted assets 59738926
Liabilities
Net amount of unpaid losses and claims 2S54278
Total unearned premiums 14943832
Dividends to policyholders declared but unpaid 1890857
oilier items
Estimated ami hereafter payable for Federal state and other
taxes 818114
Total amount of liabilities except capital 43501081
Surplus over all liabilities 16231845
Surplus protection to policyholders 16231845
Total liabilities 59738926
Premiums in Force Miscellaneous Companies
In force December 31 1918 17611475
Written or renewed during year 70051535
gum 87663010
Deduct ceased to be in force during year 57775346
In force December 31 1919 29887664
Net premiums in force 29887661Insurance Department of Georgia
463
MARYLAND ASSURANCE CORPORATION
40th St and Cedar Ave Baltimore Md
F Highlands Burns President E A Hartman Jr Secretary
Attorney for service in GeorgiaY J Welsh Atlanta Ga
Kinds of business done in GeorgiaLife Accident and Health Insurance
50000000
185901381
10000000
Amount of paidup capital
Ledger assets Dec 31 1919
Decrease of paidup capital during year
Extended at 175901381
Income
Gross premiums on new business 7994801
Gross renewal premiums
6883558
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
From agents balances previously charged off 855
Accident and health department 17668558
14878359
6261434
157807
17669413
Total income i
Carried forward
Disbursements
Net amount paid policyholders for losses
Other payments to policyholders
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year 3056359
b Renewal 375628
38967013
214868394
15743 00
80673
500
3431987
3798225
151879
679330
131303586
Total disbursements 141020480
Balance
Ledger Assets
Bonds at book value
Cash in office i
1 deposits at interest
Deposits not at interest
Agents balances net
Other items
Policy loans 4500
Accident and health department 284087
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Agency supervision
Branch office expense
Fees for medical examinations and inspections
Taxes fees and miscellaneous office expense
Reduction in surplus through redemption of stock
Accident and health department
1434232
438589
918783
1683036
30000000
96828936
73847914
66080432
110443
7178267
62145
128040
8587
Total lodger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Net deferred and uncollected premiums 2595885
Accident and health department Kin70
Total assets
Deduct Assets Not Admitted
Agents balances
i itner items
72847914
527452
2635955
77011321
128040
464
Annual Report
Policy assets in excess of net value ISfS
Accident and health department JiLat
Total not admitted assets 183839
Total admitted assets 76827482
Liabilities
Net amount of unpaid losses and claims loHcin
Reserves or unearned premiums on risks outstanding cq
Salaries and miscellaneous accounts due or accrued oSqr
Taxes due or accrued aiaaiu
Other items nn Qoo as
Accident and health department jui8Bps
Total amount of liabilities except capital 21906478
Capital actually paid in cash 5MAni
Surplus over all liabilities 49J1UU4
Surplus protection to policyholders 54921004
Total liabilities 76827482
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 iiltTn
Issued revived or increased during year 8 46925700
Deductceased to be in force during year nSHolnn
In force December 31st 1920 75bb180UU
Business in Georgia
In force December 31st 1919 viInn
Issued revived or increased 111425 00
Deductceased to be in force during the year llooKnn
In force December 31st 1920 Hnnnn
Net losses incurred during year iouuuu
Premiums in Force Miscellaneous Companies
In force December 31st 1919 SiSi
Written or renewed during year 3J42997 03
Deductceasediobe in force during year 314299703
Business in Georgia During 1920
Gross Premium
Less Return Pre
miums on Risks Gross losses
Written or Re Paid
newed during
the year
Accident 1993589 883707
Health ii 1909266 1995323
Totals 3902855 2879030
MARYLAND CASUALTY COMPANY
Baltimore and Guilford Ave Baltimore Maryland
F Highlands Burns President John A Hart man Secretary
Amount of paidup capital 350000000
Ledger assets Dec 31 1919 2191926221
Increase of paidup capital during year 150000000
Extended at 2340926221
Income
Gross renewal premiums 3028122055
Deduct amount paid for insurance and return
premiums 699931 U
Total premiums 2328190514
Interest and rents 106132033
Profits on sale or increase by adjustment of assets 11931977Insurance Department of Georgia
465
fp holders March 1
1920 25000000
Borrowed money
175000000
2621254524
Total income
4962180745
Carried forward
Disbursements
Net amount paid policyholders for losses Moiolg
Legal and administrative expenses in adjustment of claims JJ5b6 31
Commissions and allowances to agents i 557763 18
Salaries of officers and employes l46732l94
Rents and interest 249250 26
Advertising printing postage tedegrams etc 69999250
Paid policyholders for dividends 52o72oo8
Loss on sale and decrease by adjustment of assets 507008
Other items 19 91
Bureaus and associations iqnqq 14
Home office traveling 10441 85
Insurance 7 qiqkh
Subscriptions to periodicals and magazines JJ
Rent of safe deposit boxes scooq
Cost of moving to new location 70907
Miscellaneous office expense nsTdn
Agents balances charged off 5703140
Proportion of coinsurance premiums m coal
mines and prohibited risks lnnooon
Borrowed money repaid SHS
Remitted to other companies
Interest on borrowed money ziudtoo 636j3jg74
t 2102332294
Total disbursements
2859848451
Balance
Ledger Assets
Book value of real estate 2BgJ5
Mortgage loans first hen 1R 965 43675
Bonds at book value 1099 485 00
Stocks at book value 41371 55
Cash in ofice isqfi96qfi
Deposits at interest SkiIkJS
Agents balances net 7518526
Other items
Bills receivable SJ J
Reinsured losses due from other Companies 3814b25
Proportion of coinsurance premiums on coal
mines and prohibited risks in course of collec
tion to be remitted to other Companies 28324040
Premiums in course of collection 432071564
466775936
Total ledger assets as per balance No 23 2859848451
XonLedger Assets
Interest due and accrued HScii
Insurance comm value of assets over book value i3osojt
other items
Salvage La Salle Street Tr Svgs Bank 861619
Stale Bank of Calumet 100000
Harvey Stiver 11555
Marsh Clearv White Const Co 1250000
lames 11 Cassidy 1S57H
Adolph Gust 557500
Embezzlement Harriman Co 280000466
Annual Report
Cocoanut Products Corp
1600000
5597172
Total assets 2883606027
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Premiums in course of collection effective prior
to October 1 1920
7518526
2567507
46903470
Total not admitted assets
56989503
Total admitted assets 2826616524
Liabilities
Net amount of unpaid losses and claims 125716219
Reserves or unearned premiums on risks outstanding 894870400
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Voluntary additional reserve
Due associated Companies for coinsurance pre
miums on coal mines and prohibited risks
Reinsurance
50000000
4275841
12897823
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
350000000
376673911
Surplus protection to policyholders
963877726
48304604
2099942613
26673911
Total liabilities 2826616524
Premiums in Force Miscellaneous Companies
In force December 31 1919 13
Written or renewed during year 30
Sum 43
Deduct ceased to be in force during year 26
In force December 31 1920
Deduct amount returned
Not premiums in force g
50437212
28122055
78559267
03542100
75017167
00650584
74366583
Business in Georgia During 1920
Accident
Health
Liability
Fidelity
Surety
Plate glass
Steam boiler
Burglary and Theft
Sprinkler
Kly wheel
Auto and teams property damage
Workmens collective
Phys liability
Gross Premiums
Less Return Pre
miums on Risks
Written or Re
newed during
the year
1606048
1623314
33922808
903903
2117146
2807068
1083133
2000847
495416
7S4124
4458333
81464
130559
Gro
ss Losses
Paid
157873
217912
19591507
54143
51000
1299331
172154
807879
172320
2363758
1461
Totals
52014163 24787338Insurance Department of Georgia
467
THE MASONIC PROTECTIVE ASSOCIATION
18 Franklin Street Worcester Mass
Vroi xjorHntrton President Lemuel G Hodgkins Secretary
Attorney fo servfc InIq5SR L Thurman 1401 Citizens Southern
Bank Building Atlanta Ga
Kinds of business done in GeorgiaHealth and Accident Insurance
Amount of paidup capital iSitfSH
Ledger assets Dec 31 1919 10381392 7
Extended at
Income
Gross premiums on new business 264372087
Deduct amount paid for insurance and return
premiums
92828
Total premiums
Interest and rents 7i
Policy fees required or represented by applications
Other sources
Remittance forwarded several years ago and unclaimed
Total income
Disbursements
Net amount paid policyholders for losses
LagRl and administrative expenses in adjustment of cairns
Commissions and allowances to agents
a First year j
b Renewal 27644046
264279259
4770877
46612784
9GO
315663820
f 123052887
11862S3
46588378
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Other items
Traveling expenses of officers
Miscellaneous
Exchange
All other taxes
Furniture and fixtures
Legal expenses
Agents balances charged off
74232424
29891903
834119
8149077
1000000
429624
302453
7559
6557194
1254224
1531501
121579
10204134
Total disbursemen
ts 254554077
Balance 164923670
Ledger Assets
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Other items
Accident and health premiums in course of col
lection 17rin
Advances to agents o7500
122171135
469598
38772038
1730781
Total ledger assets as per balance No 23 164923670
NonLedger Assets
Interest due and accrued f 2103371
Other items
Interest accrued on bank deposits credited by
bank in Dec 30 statement furnished Company
earlv in January 1921 12231
12231
Total assets
2115602468
Annual Report
Deduct Assets Not Admitted
Premiums in course of collection effective prior
to Oct 1 1920
Overdue and accrued interest on bonds in default
Book value of bonds and stocks over market
value
Advances to agents
1181267
160875
6554160
57500
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
7953802
159085470
49214756
70273SS8
1630312
5876348
Total amount of liabilities except capital f 126995304
Capit1 actually paid in cash 10000000
Surplus over all liabilities 22090166
Surplus protection to policyholders
32f90166
Total liabilities 159085470
Premiums in Force Miscellaneous Companies
T Accident and Health
In force Dec 31 1919
Written or renewed during year less 11930
1919 annual statement
Sum i
Deduct ceased to be in force during year
In force December 31 1920
Net premiums in force
Item 42 p I
71425082
263179012
334604094
237506954
97097140
97097140
Accident
Totals
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
6181768 1860666
618176S
4850666
MASSACHUSETTS BONDING AND INSURANCE COMPANY
T 781 State Street Boston Mass
1 J Falrey President Jonn H Burnett Secty
Attorney for service in GeorgiaEugene Dodd
Kinds of business done in GeorgiaCasualty and Surety
Amount of paidup capital 1 1500 000 00
Ledger assets Dec 31st 1919 647846289
Extended at 6478462899
Incoma
Gross premiums on new business 9 563 896 33
Deduct amount paid for reinsurance and return pre
miums 246311406
Total premiums 710078227
Interest and rents 9gg 9 1Cj
Profits on sale or increase by adjustment of assets II 437oo6
Other sources
Policy fees 12759407
Miscellaneous 1050
12760457
Total income ijj 744174903
Carried forward 13920211992Insurance Department of Georgia
469
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year
Salaries of officers and employes
Rents
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustmen tof assets
Other items
Salaries traveling and all other expenses of agents
not paid by commissions 62528208
Medical examiners fees and salaries 349056
Inspections other than medical and claim 3161589
Repairs and expenses other than taxes on real
estate 110138
Taxes on real estate 99252
State taxes on premiums 12019944
Insurance Department licenses and fees 1536270
Federal taxes 5810430
State county municipal and sundry licenses and
fees 660652
Legal expenses 1348438
Furniture and fixtures 1474460
Other disbursements
Audits branch offices and agencies 561700
Rent tabulating machines 229897
Internal revenue stamps 5201
Travelling expenses 1127179
Exchange 18637
Insurance 309475
Light and heat 283068
Pay roll audits 728349
Mercantile agencies 172305
Underwriters boards and tariff associations 978391
Miscellaneous 284930
Agents suspense account 4808532
314812428
30397155
196327434
28418285
4179115
8058543
3850
671076
98606101
Total disbursements 681473987
Balance 710547205
Ledger Assets
Book value of real estate
Mortgage loans first lien 2396666
Bonds at book value
Stocks at book value
Cash in office and in transit
Deposits at interest
Deposits not at interest
Agents balances
Other items
Bills receivable 259361
Salvage assets Jj 6J
Advances on contracts 10913996
Workmens compensation reinsurance bureau 1156796
Cash in suspended banks 99on
Balance due on Liberty Loan bonds for employes 34319
33596193
2396666
407845830
40313162
16256272
55204224
9471814
129704000
15759044
Total ledger assets as per balance No 23 710547205
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Rents accrued
Reinsurance due from other Companies on paid
losses per Schedule E
Liquidation dividend on stock of American Oriental
Company taken as salvage and previously charged
off
28884
122723
141600
4768759
3703807
293207
Total assets
719312978 JMfc
470
Annual Report
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
Overdue and accrued interest on bonds in default
viz Brooklyn Rapid Transit Company
Book value of bonds and stocks over market value
Advances on contracts
16819610
259361
245000
17896687
10913996
Total not admitted assets 46134654
Total admitted assets
673178324
Liabilities
Net amount of unpaid losses and claims 1463597899
Reserves or unearned premiums on risks outstanding 271393093
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Commissions due agents
Reinsurance
All other items
26741133
6986980
28500
2136733
14052575
33756613
Total amount of liabilities except capital 467698803
Capital actually paid in cash 150000000
Surplus over all liabilities 54479521
Surplus protection to policyholders 205479521
Total liabilities 673178324
Premiums in Force Miscellaneous Companies
In force December 31st 1919 479298754
Written or renewed during year 956389633
Sum 1435688387
Deduct ceased to be in force during year 8422 04354
In force December 31st 1919 593484033
Deduct amount uninsured 69263389
Net premiums in force 524220644
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on RiskB Gross Losses
Written or Re
newed during
the Year
Accident and health 3029259
Liability 324997
Fidelity 704875
Surety 573372
Plate glass 443016
Burglary and theft 80687
Auto and teams property damage 87587
Collision 62474
Paid
1515312
291910
512401
35000
164025
166639
16436
28165
Totals 5306267 27298
Investments in Georgia
Bonds 2500000
Total investments in Georgia
2500000
METROPOLITAN CASUALTY INSURANCE COMPANY OF NEW YORK
47 Cedar Street New York N Y
Eugene H Winslow President s Wm Burton Secretarv
Attorney for service in GeorgiaJames Gillespie Atlanta Ga
Kinds of business done in GeorgiaPlate Glass
Amount of paidup capital 200 00000
Ledger assets December 31st 1919 113066666
Decrease of paidup capital during year 10000000
Extended at 103066666Insurance Department of Georgia
471

Income
Gross premiums on new business 216741784
Deduct amount paid tor insurance and return pre
miums
64498668
Total premiums
Interest and rents
Other sources
Agents balances previously charged oft
Borrowed money gross
152243116
3438493
1562
6500000
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid for dividends
Loss on sale and decrease by adjustment of assets
Other items B SR
Federal states taxes
Agents balances charged off
Borrowed money repaid gross
38857
6500000

Total disbursements
Balance
Ledger Assets
6501562
162183171
265249837
81587518
697508
45779599
123997041
940159
3907487
1000000
235125
10862343
157406780
107843057

Bonds at book value5
Stocks at book value
Cash in office
Deposits at interest
Agents premiums
Other items
Reinsurance loss account
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents premiums 202260
Other items
Book value of bonds and stocks over market value 8605987
Total not admitted assets
48522805
27280432
6387959
7422525
33964250
14250
117843057
685567
118528624
8808247
Total admitted assets 109720377
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items cnn in
Expenses of adjustment estimated
Commissions due on unpaid premiums iubimii
4637764
72137583
65718
2000000
Reinsurance balances
4792
10628063
Total amount of liabilities except capital
Capital actually paid in cash SJS
Surplus over all liabilities 10251249
Surplus protection to policyholders
Total liabilities
89469128
20251249
109720377472
Annual Report
Premiums in Force Miscellaneous Companies
In force Decemer 31st 1919
Written or renewed during year JiktJi of
Sum lbi4184
Deduct ceased to be in force during Tear HoS
In force December 31st 1920 78644
I44221li4
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
Accident the Y0ear10
Health 80542 40134
Plate glass 75170 150932
BurgarTdEefr 5f024f0
Totals TTtIgI 422924
NATIONAL CASUALTY COMPANY
422 Majestic Building Detroit Mich
W G Curtis President
JiP Duke Moultrie Ga
Kinds of business done
Amount of paidup capital
Ledger assets December 31st 1920
Extended at
B A Grant Secretarv
Moultrie Ga
in GeorgiaAccident and Health Insurance
20000000
40241913
Income
Gross renewal and premiums
mmCmsamunt paid for insuran andretiriTpre
92226958
2558840
Total premiums
Interest and rents
Profits on sale or increase by adjustmenfof assets
Other sources
Agents balances previously charged off
Policy fees required or represented by application
2459800
Total income
Carried forward
Disbursements
Net amount paid polieyholders for losses
PiilnLalmini tratiIe expenses in adjustment oFcTaims
Salaries of officers and employes
Rents
Advertising printing postage telegrams etc
Paid for dividends
Loss on sale and decrease byadjustment of assets
Other items
Insurance department licenses and fees
Taxes on premiums
Federal Corporation tax II
Genera expense
Traveling
Furniture and fixtures
470875
1529503
1019770
232517
364699
2736003
Total disbursements
40241931
89668118
1664697
494500
2460787
94288102
134530033
34078298
824578
6627224
662558
2346688
1600000
702500
3902951
89935269
Balance 44594764
Ledger Assets
Mortgage loans first lien 28000 28 000 00
26998359
5167500
78283
Bonds at book value
Stoeks at book value
Cash in office Insurance Department of Georgia
473

Deposits at interest 27161
Deposits not at interest 6477828
Agents balances net 134133
Other items
Premiums in course of collection 1186500
Loans secured by pledge of bonds stocks and other
collaterals 1725000
2911500
Total ledger assets as per balance No 23 44594764
NonLedger Assets
Interest due and accrued 594114
Other items
Reinsurance from other companies 80911
Furniture and supplies 2500000
2580911
Total assets 47769789
Deduct Assets Not Admitted
Other items
Furniture and supplies 2500000
Total not admitted assets 2500000
Total admitted assets 45269789
Liabilities
Net amount of unpaid losses and claims 18 991 37
Reserves or unearned premiums on risks outstanding 8324T44
Salaries and miscellaneous accounts due or accrued 2200 00
Taxes due or accrued 16700o0
Total amount of liabilities except capital 121135 81
Capital actually paid in cash 20000000
Surplus over all liabilities 13156208
Surplus protection to policyholders 33156208
Total liabilities 45269789
Premiums in Force Miscellaneous Companies
In force December 31st 1919 63 150 00
Written or renewed during year 929269 58
Sum 98541958
Deduct ceased to be in force during year 124737 70
In force December 31st 1920 160 681 88
Net premiums in force 16068l88
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
TVritton or Re Paid
newed during
the Year
Accident and health 697546 394351
Totals 697546 3943E
NATIONAL RELIEF ASSURANCE COMPANY
244 S Eighth Philadelphia Pa
M S Boyer President Robt M Fry Secretary
Kinds of business done in GeorgiaHealth and Accident
Amount of paidup capital 10000000
Ledger assets December 31st 1919 18951783
Extended at 18951783
Income
Gross renewal premiums 40301493
Deduct amount paid for insurance and return pre
miums 5685
Total premiums 40295808474
Annual Report
Interest and rents
Other sources
Policy correction fees 290
War tax collected from applicants 107233
Agents balances previously charged off 1945
Policy fees represented by applications 3345600
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Salaries traveling expenses and all other expenses
of agents 7fao
Legal expenses
Stockholders dividends 900000
Municipal and county taxes and fees iSio
Pennsylvania Corporation tax nn
Subscriptions I22
Investment expense Jj
Memberships ii nn
Premiums on surety bonds J
State tax on premiums lil n
Insurance department license and fees 125140
Federal tax ooHr
Agents balances charged off 8SSS0
Total disbursements
Balance
Ledger Assets
Mortgage loan first lien 1173600
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Other items
Premiums in course of collection effective after
Oct 1 1920 1144201
Premiums in course of collection prior to October
1 1920 12813
Furniture fixtures and supplies 641809
Accounts receivable 1352936
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Other items
Companys stock owned 15000
Furniture fixtures and supplies 641809
Premiums in course of collection effective prior to
October 1 1920 12813
Book value of stocks and bonds over market value 1085260
Accounts receivable not secured or over 3 months
due 678316
Total not admitted assets
Total admitted assets
682121
3455068
44432997
63384780
14511770
58717
22226653
2686101
243236
772371
12985
320662S
43718461
19666319
1173600
13002957
902500
158213
1277290
3151759
19666319
85464
19751783
2433198
17318585Insurance Department of Georgia
475
Liabilities
Net amount of unpaid losses and claims nncn
Reserves or unearned premiums on risks outstanding 10405W
Commissions on policies due effective after Octo
ber 1st 1920 298735
Estimated amount hereafter payable for federal
state and other taxes based upon the business
of the year of this statement 200000
4987oo
Total amount of liabilities except capital 3138340
Capital actually paid in cash jVSXo jk
Surplus over all liabilities 418045
Surplus protection to policyholders 14180245
Total liabilities 17318585
Premiums in Force Miscellaneous Companies
In force December 31st 1919 jnqniiql
Written or renewed during year 40855026
Deductceasedtobeinforce during year 39anlH9
In force December 31st 1920 2726
Deduct amount returned J
Net premiums in force aoo
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Dosses
Written or Re Paid
newed during
Accident and health iffifo 1204286
2752757 1204286
Totals T
NATIONAL SURETY COMPANY
115 Broadway New York N Y
Wm B Joyce President Hubert J Hewitt Secretary
Kinds of business done in GeorgiaFidelity Surety and Burglary and Theft
insurance
Amount of paidup capital j000 000
Ledger assets December 31st 1919 2032273268
Extended at
Income
Gross renewal premiums 1709919786
Deduct amount paid for insurance and return pre en2Mi2s
2032273268
Total premiums
Interest and rents vTZZtZZZZTZ
Profits on sale or increase by adjustment of assets
Other sources
Inspections
Miscellaneous income
Suspense items2ZH
Agents balance previously charged oft
Adjustment of agents balances
1098715350
92096671
194784
1307681
39068
14479922
9044
82958
15918673
Total income
Carried forward
1206925478
3239198746
Net
Disbursements
amount paid policyholders for losses 2qqqqqsq
DegafTnd administrative expenses in adjustment of claims sillSlSl
Commissions and allowances to agents 295249441
Salaries of officers and employes 7141146
Rents and interest 476 Annual Report
Advertising printing postage telegrams etc 19053211
Paid stockholders for dividends 569 946 00
Loss on sale and decrease by adjustment of assets ZI 487812 80
Other items 84244843
Total disbursements 932504896
Balance 2306693850
Ledger Assets
Book value of real estate 56 10362
Mortgage loans first lien 6495600 other than first lien 60000 6555600
Bonds at book value 1433392317
Stocks at book value 3069 68295
Cash in office 150000 branch offices 24950992 cash in trans
it 10253291 12898393
Deposits at interest 93406572
Deposits not at interest 37119753
Agents balances net 297760057
Other items 112982211
Total ledger assets as per balance No 23 2306693850
NonLedger Assets
Interest due and accrued 19387382
Total assets 2326081232
Deduct Assets Not Admitted
Agents balances 576 31561
Bills receivable 320958
Other items
Stock and bonds and real estate 35720176
Miscellaneous 10614387
Total not admitted assets 104287082
Total admitted assets 2221794150
Liabilities
Net amount of unpaid losses and claims 2 828 121 54
Reserves or unearned premiums on risks outstanding 7o82852 09
Dividends to stockholders declared but unpaid l5l8loo
Salaries and miscellaneous accounts due or accrued 10948 86
Taxes due or accrued 268317 62
Other items IIII I268539i8
Total amount of liabilities except capital n 608 960 29
Capital actually paid in cash 5000000 00
Wuiplus over all liabilities 560898121
Surplus protection to policyholders 10608 98121
Total liabilities 2221794150
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Fidelity 4764588 7367894
Surety 4685341 84000
Burglary and theft 517166 397649
Totals 9967095 7840583
Investments in Georgia
Bonds par 2500000 cost price 2706300
Total investments in Georgia 2706300Insurance Department of Georgia
477
NEW AMSTERDAM CASUALTY COMPANY
227 St Paul Street principal office Baltimore 5VM
J Arthur Nelson President Sifford Pearre Secretary
Attorney for service in GeorgiaA D Tobin Augusta Ga
Kinds of business done in GeorgiaAccident and Health Burglary Plate
Glass Liability Property Damage and Workmens Collective
Amount of paidup capital 1252
Ledger assets Dec 31 1918 647639014
Extended at 647639014
Income
Gross renewal premiums 870199924
Deduct amount paid for insurance and return
premiums 228618785
Total premiums JIHrJiI
Interest and rents tAn
Profits on sale or decrease by adjustment of assets o4UJ
ther items
Increase in reinsurance due 140091
Increase in return premiums due and un
claimed JH2H2
Increase in unadjusted items 1515518
From agents balances previously charged off 4281119
8 38 OS 8 4
Total income 674454309
Carried forward 1322093323
Disbursements
Net amount paid policyholders for losses7T7 25
Leal and administrative expenses in adjustment of claims 4071032
Commissions and alowances to agents including salaries of
branch office employes 001 nan 19
Salaries of officers and employes lni 1
Rents and interest
Advertising printing postage telegrams etc J J
I aid stockholders for dividends 0fla
Loss on sale and decrease by adjustment of assets 3810740
Other items
Assessments taxes and licenses 17044804
Inspections other than medical and claim 2820412
Repairs on real estate clllil
Other expenses J
Agents balances charged off 625014
Total disbursements 562547173
Balance 759546150
Ledger Assets
Book value of real estate 7tioo
Bonds at hook value ilJj
Slocks at book value 1
Cash in office 3261654
Deposits at interest iaiooo
Deposits not at interest 4C
Agents balances net 1
Other items
Surety Association of America
New York excise funds 16i637
Workmens compensation R 1 Bureau funds 10793212
Workmens compensation R 1 Bureau contg
funds 1039501
Msh in suspended banks 1242436
14781526
Total ledger assets as per balance No 23 759546150

478
Annual Report
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Reinsurance due on losses paid schedule E 1681269
3417980
5769904
1681269
Total assets 770415303
Deduct Assets Not Admitted
Premiums in course of collection effective prior
to Oct 1 1920
Book value of bonds and stocks over market value
5617616
14759268
Total not admitted assets 20376884
Total admitted assets 750038419
Liabilities
Net amount of unpaid losses and claims 2
Reserves or unearned premiums on risks outstanding 2
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Expense of adjusting claims
Commissions etc due to agents
Return premiums and reinsurance
Workmens Comp Reins Bureau contg acct
Unadjusted items
N Y Excise
Voluntary reserve for contingencies
37745053
68333052
500000
11000000
1650556
27419837
171140011
1039501
5020498
330000
14059911
67460314
Total amount of liabilities except capital 5850 3S4 19
Capital actually paid in cash 125000000
Surplus over all liabilities 40000000
Surplus protection to polieyholders
Total liabilities
165000000
75003S419
Premiums In Force Miscellaneous Companies
In force December 31 1919 4 197 996 66
Written or renewed during year 870199924
12 899 995 90
Deduct ceased to be in force during year 7156043 63
In force December 31st 1920 5743 952 27
Deduct amount reinsurance 412500 50
Net premiums in force g 331451 77
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
144497 6499
33461 18495
841338 33899
799599 328188
62160 328 25
368836 86212
Accident
Health
Liability
Plate glass
Burglary and theft
Auto and teams property damage
Totals
Investments in Georgia
Bonds par value
Total investments in Georgia
2249891
500000
506118
500000
Insurance Department of Georgia 479
NEW YORK PLATE GLASS INSURANCE COMPANY
63 Maiden Lane New York N Y
j Jas K Clark Secretary
Ttoerorvice m GeorgiaWm H Rhett Atlanta Ga
Kinds of business done in GeorgiaPlate Glass
Amount of paidup capital 11xfi
Ledger assets Dec 31 1919 f 00000
Decrease of paidup capital during year i I50ooouu
128772876
Extended at
Income
Gross premiums on new business and gross re
newal premiums 71b989b
Deduct amount paid for insurance and return
premiums
192958776
Total premiums 4511799
Interest and rents 1ROOOO0O
Profits on sale or increase by adjustment of assets iduuuuuu
Other sources non 7q
Vgents balances previously charged off
Gross profits on sale or maturity of ledger as gg
setsI 35829
212506404
Total income
341279280
Carried forward
isbursements
Net amount paid policyholders for S SiJjSIlS
Commisions and alowances to agents Renewal 97 080 26
Salaries of officers and employes YZ 840361
llnts and interest lo29862
Advertising printing postage telegrams etc 9 93
Loss on sale and decrease by adjustment of asset
Other items 5421224
Taxes 167167
Legal expenses 333 40
Agents balances charged oft I9fio000
Dividends to stockholders 6821731
176211155
Total disbursements
165068125
Balance
Ledger Assets
7900000
Mortgage loans first lien 310 80565
Bonds at book value 64806666
Stocks at book value 1312151
Cash in office 5384711
Deposits at interest 3 137 98
Denosits not at interest
Other items r
Premiums in course of collection 9 92773
Plate glass on hand 54270231
M or 165068125
Total ledger assets as per balance No S
NonLedger Assets
Interest due and accrued 48950
165556075
Total assets beducf Assets Not Admitted
Premiums in course of collection prior to October
19MI VDOOA
Booh value of bonds and stocks over market value 16399231480
Annual Report
Plate glass on hand
Total not admitted assets
Total admitted assets
992773
17687356
Liabilities
Net amount of unpaid loses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Other items
Commissions and other charges due agents
Total amount of liabilities except capital
Capital actually paid in cash 15000000
Surplus over all liabilities 4501424
147868719
f 12673010
95509805
50000
17184480
126367295
19501424
14786S719
Surplus protection to policyholders
Total liabilities
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
Plate glass 1321543 720084
Totals
1321543
720084
NORTH AMERICAN ACCIDENT INSURANCE COMPANY
209 South LaSalle Street Chicago 111
E C Waller President Forrest
Amount of paidup capital
Ledger assets Dec 31 1919
20000000
96797723
Extended at
Income
Gross premiums on new business 2101669 78
Deduct amount paid for insurance and return
premiums 24396357
Total income
Parried forward
Disbursements
Vet amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Policy fees returned by agents j
Salaries traveling and other expenses of agents
not paid by commissions
Medical examiners fees and salaries Inspection
Taxes licenses and fees
Dividends paid stockholders agents bafances
rged off
Int of Toilise Fund
6110160
5002046
636 1 n
7193692
2651217
21244
Secretary
96797723
Total premiums j
Interest and rents
Policy fees
85770621
2 1
6110660
195992205
92789928
6S402453
526241
63949186
18731947
1764937
6435956
Insurance Department of Georgia 481
Bank exchange j jg7 52
Incidental expense 8008 15
22535367
SLaLiSbU1SementS 182346087
waiance 110443841
Ledger Assets
Rnnd iavS 30180000
Bonds at book value 9 qq si
Stocks at book value lannnnn
Cash in office is
Deposits at interest
Deposits not at interest 21 1
Agents balances net 91iiia
Other items 7 2439339
Loans secured by pledge of good stock or other
collateral i620000
Premiums m course of collection 8674609
10294609
Total ledger assets as per balance No 23j 1104438 41
NonLedger Assets
Interest due and accrued 15 074 4
Total assets 111951281
Deduct Assets Not Admitted
Bills receivable 2439339
Other items
Premiums in course of collection 2 596 38
Overdue and accrued interest on bonds 5603 62
Book value of bonds and stocks over market
value 6980751
Total not admitted assets3 10240090
Total admitted assets 1 0 17 111 n
Liabilities
Ne1 amount of unpaid hisses and claims 161044 91
Reserves or unearned premiums on risks outstanding 1 ir 9XC6
Salaries and miscellaneous accounts due or accrued 6 041 47
Estimated amount hereafter payable for federal
state and other taxes based upon the business
of the year of the statement 32 679 82
Estimated expenses of investigation and ad
justment unpaid 500 00
Reinsurance 2 33750
Commissions brokerage and other charges due
or to become due to agents of brokers on
policies effective on or after Oct 1 1920 2 610 00
Dividend declared and repaid to stockholders 1000000
7II2S32
T r1 amounl of liabilities except capital 6777756
Capital actually paid in cash 200 000 00
Surplus over nil liabilities 17239825
Surplus protection to policyholders 37239825
Total liabilities 101711191
Premiums in Force Miscellaneous Companies
In force December 31 1919 5 688408 16
Written or renewed during year 210L66978
Sum 279007S24
Deduct ceased to he in force during year 1985 598 9
Tn force December 31st 1920 804t79 9
Deduct amount returned 422rr
Net premiums in force 76222 I

482
Annual Report
Accident
Totals
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
23H3S3 826SS5
2311383
8268S5
NORWICH UNION INDEMNITY COMPANY
45 John Street New York N Y
J G Mays Secretary
Elevato and Teams Property Damage Burglary and
Theft and Glass
Amount of paidup capital i04i65223
Ledger assets Dec 31 1918
104165223
Fxtended at
Income
iainpw 103696179
Gross premiums on new business 301 i50 80
anntTdUrlnsuranandrefurn
I remiums
735S1099
Total premiums
f sources 4446461
Interest on bonds 09 9o
Interest on Deposits Q99n
Workmens Compensation Reinsurance Bureau 9220
Roosevelt Son as interest on account of pre
payment of bonds purchased isnnnnno
ncrease to surplus paid in by stockholders 18000000 m29919
963110IS
Total Income
200476241
Carried forward
Disbursements
Commissions and allowances to agents 793S959
Salarios of officers and emplojes J36155
Rents and interest 7 2236113
Advertising printing postage telegrams etc
Other items 808110
Inspections 10 330 02
Taxes and fees 16o30 93
Furniture ami fixtures io7oo
Subscriptions to publications bmbs
Subscription to local board 122096
insurance 1 i472 50
Mercantile reports 2383o3
Sundry 1215002
49647196
Total disbursements
150S290IT
BalanceInsurance Department of Georgia
483
Ledger Assets
Bonds at book value t 7fi1 9Q
Cash in office 103576128
Deposits at interest
Agents balances net leg
Other items it930278
Advances
Agents differences
Equity in Workmens Compensation Reinsurance
Bureau
Reinsurance recoverable Z
64663
107108
625198
248063
1045032
Total ledger assets as per balance No 23 150829045
NonLedger Assets
1168020
Interest due and accrued
Total assets li51997065
Deduct Assets Not Admitted
Agents balances 5
Other items
Book value of bonds over market value
Equity for estimated unpaid losses Workmens
Corporation Reins Bureau
Advances
Agents differences
516419
93875
41510
64663
107108
Total not admitted assets
823574
Total admitted assest 5jj 34
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Voluntary contingent reserve
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
9914403
33156768
3915574
1289107
1000000
50000000
51897639
492758
Surplus protection to policyholders 1 q18 7gg 3g
Total liabilities 151173491
Premiums in Force Miscellaneous Companies
In force December 31 1920 12 ES6 K1
Written or renewed during year 1036961 79
12205768
92744062
27596156
65147906
Deduct ceased to be in force during year
In force December 31st 1919
Deduct amount returned
Xet premiums in force
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks
Written or Re
newed during
T inhimv tne Year
53220
i 113
21388
25150
Tf iITT
Plate glass
Brglary and theft
Auto and team property damage
J434
Annual Report
OCEAN ACCIDENT AND GUARANTEE CORPORATION LTD OF LONDON
New York office 114 Fifth Avenue New York City
Charles H Neely Manager and Attorney for the United States
Attorney for service in GeorgiaEdgar Dunlap Atlanta La
Kinds of business done in GeorgiaMiscellaneous Insurance
Amount of paidup capital 92S2S2
Ledger assets December 31st 1919 1614b238b2
Extended at 1614623862
Income
Gross premiums on new business 1981674046
Deduct amount paid for insurance and return pre
miums 450626256
Total premiums
Interest and rents 1
Profits on sale or increase by adjustment of assets
Other sources
Agents balances previously charged off
Total income
1531047790
63653770
3369790
2180148
160025149
591304108
84008518
295042007
136565439
6817695
13874570
441772
Carried forward 3214875360
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Agents balance charged off
Ret H O
Slate taxes
Federal taxes
Insurance department licenses and fees
Agents licenses
City and county tax
Publication fees
I egal expenses
Furniture and fixtures
Trustee and ami fees
Mercantile reports
Discount and exchange
Subscriptions to publications
General expenses
I snrance
Bureau Association 164887669
3014300
85162168
25556432
22442424
788506
539479
715122
61617
1388045
10815789
1947996
294000
151689
79374
8967871
22324
2940533
disbursements 129294177
Total
Bajance 1021933582
Ledger Assets
Mortgage loans first lien 8400000 8400000
Bi nds at book value 147311
Deposits at interest 69486486
Deposits not at interest SoJiS
Agents balances net 2881iL 11
ither items r
Bills receivable llbbr4
i nic from reinsurance companies 8412524
Equity in W C Reinsurance Bureau fund 37771787
Premium notes oIodi
Sundry balances 8712917
58521215
Tolal lodger assets as per balance No 23 1921933582
NonLedger Assets
interest due and accrued 20033846
T tal assols
1941967428
Insurance Department of Georgia
485
Deduct Assets Not Admitted
Agents balances 31555657
Bills receivable 1167654
Other items
Overdue and accrued interest 1976833
Sum or balance 111165 65
Book value bond over market 899736 09
Unadmitted reduction 7346860
Total not admitted assets 136525004
Total admitted assets 1805442424
Liabilities
Net amount of unpaidlosses and claims 609 063 00
Reserves or unearned premiums on risks outstanding 7 348868 52
Salaries and miscellaneous accounts due or accrued 8680 00
Taxes due or accrued 342820 00
Estimated expense of investigation 1000000
Coun brokerage to become due 523l87 00
W C Reinsurance Bureau 4077314
Voluntary reserve 24OooOoO0
297396014
Total amount of liabilities except capital 16 687 273 56
Capital actually paid in cash 80000000
Surplus over all liabilities 56715068
Surplus protection to policyholders 136715068
Total liabilities 1805442424
Premiums in Force Miscellaneous Companies
in force December 31 1919 8 309 461 S
Written or renewed during year I 19816740 46
Sum 28l2620230
Deduct ceased to be in force during year 17 464 168 54
In force December 31 1920 10662033 76
Deduct amount returned 17477822
Net premiums in force 10487255 54
Business in Georgia During 1920
Gross Prenfiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 1088459 111143
Health 767933 297173
Liability 11488616 2494797
Workmens compensation 4785 7 00
Plate glass 1219840 487943
Steam boiler 335261 50656
Burglary and theft 546631 555530
Credit 931006
Fly wheel 352063
Auto and teams property damage 3182140 2339762
Total 19916734 6337704
I
THE PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
501 West 6th St Los Angeles Cal
Geo I Cochran President S F McClung Secretary
Attorney for service in GeorgiaR H Gordy Atlanta Ga
Kinds of business done in GeorgiaAccident Health Life
Amount of paidup capital 150000000
Ledger assets December 31 1919 294096844
increase of paidup capital during year 20000000
a Premium on additional capital 30000000
Extended at 344096844486
Annual Report
Income
Gross premiums on new business 412973440
Deduct amounts paid for reinsurance and return pre
miums
80330284
Total premiums
discount
Other sources
Agents balances previously charged oft1
Partial premium payments irV
Policy fees required or represented by applications
296359
376596
3244350
332649156
15088129
77732
3917305
Total income
Carried forward
351732322
695829166
Disbursements

Net amount paid policyholders for losses
UBgsd and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
of premiums
Other items
Policy fees retained by agents
Agents balances charged offYZTtZTt
Salaries traveling and other expenses of agents not
paid by commission T
Medical examiners fees and salaries
Inspections
Repairs on real estate
State tax on premiums
Insurance department fees and licenses
Federal taxes
State and municipal licenses
Personal property tax
Capital stock tax
Legal expenses
Premiums on Surety bonds
Association dues
Books and subscriptions
Premiums on employees life insurance
Ice water lights and laundry
Insurance department examination
Home office traveling expenses
Employees lunches
Employees outings
Publication fees
premiums
102973338
2842020
107692615
223252 27
3142940
10332416
24000000
430
32 44350
39309
3314553
2846813
771151
13776
4941003
313824
6956205
172392
5214
35070
782378
82421
27025
24217
994530
62429
1057268
562044
720000
88732
30263
2000
524736
Total disbursements
Balance
27612603
300921592
394907574
Ledger Assets

Book value of real estate
Mortgage loans per schedule a
Bonds at book value
M SftatoSarsrsKaSiTI
Deposits not at interest
Agents balances net
0tprermiums in course of collection
Total ledger assets as per balance No 23 3
1298470
32274703
86767966
1345988
1410000
15244573
26703
56539171
94907574Insurance Department of Georgia
487
NonLedger Assets
Interest due and accrued 5140883
Total assets 400048457
Deduct Assets Not Admitted
Agents balances 1964078
Other items
Premiums in course of collection effeceive prior to
Oct 1 1920 696160
Total not admitted assets 2660238
Admitted assetsaccident department 397388219
Admitted assetslife department 5432061431
Total 5829449650
Liabilities
Net amount of unpaid losses and claims 51000000
Reserves or unearned premiums on risks outstanding 139634752
Salaries and miscellaneous accounts due or accrued 906586
Taxes due or accrued 9000000
Other items
Estimated expenses of investigating and adjusting
claims unpaid 1800000
Commissions and brokerage 17036243
Reinsurance 1258117
Special reserve for partial premium payments 810386
Interest paid in advance 4496
20909242
Total liabilitiesaccident department 221450580
Total liabilitieslife department 5323012519
Total amount of liabilities except capital 5544463099
Capital actually paid in cash 150000000
Surplus over all liabilities including life department
of company 79048912 134986551
Surplus protection to policyholdors 284986551
Total liabilities 5829449650
Premiums in Force Miscellaneous Companies
In force December 31 1919 208633335
Written or renewed during year 412979440
Sum 621612775
Deduct ceased to be in force during year 321469809
In force December 31 1920 300142966
Deduct amount reinsured schedule Fr 21756160
Xet premiums in force 278386806
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross losses
WrVn or Re Paid
newed during
the year
Accident 3152219 762424
Health 2584829 969369
Total 5737048 1731793
THE PREFERRED ACCIDENT INSURANCE CO OP NEW YORK
80 Maiden Lane New York N Y
Kimball C Atwood President Wilford C fotter Secretary
Attorney for service in GeorgiaInsurance Commissioner
Amount of paidup capital 70000000
Ledger assets Dec 31 1919 641167903
Extended at 641167903
488
Annual Report
Income
Total premiums 4oIau
Interest and rents Jdl8U4
Total income 490689542
Carried forward 1131857445
Disbursements
Net amount paid policyholders for losses 185025528
Legal and administrative expenses in adjustment of claims 274Z2757
Commissions and allowances to agents JJ
Salaries of officers and employes o oqq
Rents and interest llill ci
Advertising printing postage telegrams etc 9192bt
Loss on sale and decrease by adjustment of assets 22677572
Other items 4111785
Total disbursements 5 434152307
Balance 697705188
Ledger Assets
Mortgage loans first lien 8100000
Bonds at book value 435i
Stocks at book value lASn
Cash in office oltlllll
Deposits at interest 999859 75
Agents balances net boio
Other items
Bills receivable oso07
Reinsurance 3893
Total ledger assets as perbalance No 23 697705138
NonLedger Assets
Interest due and accrued 4925584
Total assets 702630722
Deduct Assets Not Admitted
Agents balances 11744041
Hills receivable 2662495
Other items
Book value bonds and stocks over market value 24667860
Total not admitted assets 3907 1390
Total admitted assets 663556326
Llabllil les
Net amount of unpaid losses and claims 149777524
Reserves or unearned premiums on risks outstanding 225169508
Salaries and miscellaneous accounts due or accrued 27670388
Taxes due or accrued 9500000
Other items
Reserve for contingent claims 12067000
Reserve for contingencies 69362906
81429906
Total amount of liabilities except capital 493556326
Capital actally paid in cash 70000000
Surplus over all liabilities 100000000
Surplus protection to policyholders 170000000
Total liabilities 663556320
Premiums in Force Miscellaneous Companies
In force December 31 1919 399168083
Written or renewed during year 629173760
Sum 1028341843Insurance Department of Georgia
489
Deduct ceased to be in force during year k scq sqo 70
In force December 31st 1920llJZZZZ 4715 ml
Deduct amount returned 79272 14
Net premiums in force1 463585557
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Heath 621405 49570
Fideiitv 9806769 738040
Surety SZ 1459
Burglary and theft x 23079 TTlsTIn
Auto and teams property damage 3o09l8 178543
Totals 2211731 1137110
THE RIDGELY PROTECTIVE ASSOCIATION
Austin A Heath President
18 Franklin St Worcester Mass
Harry L Peabody Secretary
Attorney for service in GeorgiaM M Coggihs Atlanta Ga
Kinds of business done in GeorgiaAccident and Health
Amount of paidup capital
Ledger assets Dec 31 1919
Extended at
10000000
54041231
54041231
Income
Gross premiums on new business
Deduct amount paid for return premiums
96674000
233153
Total premiums
Interest and rents
Other sources
Policy fees
14315750
Policy fee retained by agents
Salaries and expenses of agents not paid by com
mission
Taxes and fees Z
Legal expenses
Furniture and fixtures
Dividends to stockholders
Miscellaneous
Agents balances charged off ZZJZ
14219665
6639442
3042305
559900
125608
1000000
155946
91617
96440847
2671340
14315750
Total income 1
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claimsI
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest I
Advertising printing postage telegrams etcZ
Other items
13427937
167469168
57266947
598931
4108443
14926651
405004
1331728
25834543
Total disbursements 1054 722 47
Balance
Ledger Assets
61996921

Bonds at book value
Cash in office
44788553
58957
490
Annual Report
Deposits at interest 170rqiMi
Deposits not at interestaniv
Total ledger assets as per balance No 23 61996921
NonLedger Assets
Interest due and accrued 818124
Total assets 62815045
Deduct Assets Not Admitted
Other items
Interest on bonds in default JJ
Market value of bonds under book valuet A 914 28
Total admitted assets 55323617
Liabilities
Net amount of unpaid losses and claims JnoKsJ
Reserves or unearned premiums on risks outstanding 98qr
Salaries and miscellaneous accounts due or accrued iH
Taxes due or accrued muioj
Other items sfi fin
Adjusting exenses
Total amount of liabilities except capital 27068617
Capital actually paid in cash J
Surplus over all liabilities iszaouuu
Surplus protection to policyholders 28255000
55323617
Total liabilities
Premiums in Force Miscellaneous Companies
In force December 31 1919 96fi74000
Written or renewed during year 1 J3177175
Deduct ceased to be in force during year lififiTi 25
In force December 31st 1920 6S 25
Net premiums in force 35bb3o2b
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident and health M7058 21612
Totals 487053 215122
ROYAL INDEMNITY COMPANY
84 William Street New York X Y
Charles H Holland President James Morrison Secretary
Attorney for service in GeorgiaA H Turner Atlanta Georgia
Kinds of business done in GeorgiaCasualty Insurance
Amount of paidup capital I lSSSS
Ledger assets Dec 31 1919 10928 3422
Extended at 1092873422
Income
Gross renewal premiums 1419662246
Dedud amount paid for reinsurance and return
premiums 3898699 in
Total premiums l0HfZS
Interest and rents insji
Profits on sale or increase by adjustment 01 assets iu4i
ther sourcesInsurance Department of Georgia
491
From agents balances previously charged off
18364
18364
Total income 1072425334
Carried forward 2165298756
Disbursements
Net amount paid policyholders for losses 392984462
Legal and administrative expenses in adjustment of claims 51809824
Commissions and allowances to agents 217142804
Salaries of officers and employes including inspection fees 104922533
Rents and interest 6819181
Advertising printing postage telegrams etc 12594612
Legal expenses 166845
Loss on sale and decrease by adjustment of assets 277025
Other items
Taxes Licenses and fees etc 26078654
Miscellaneous sundry expense 3626387
Agents balances charged off 9410
29714451
Total disbursements 816431737
Balance 1348867019
Ledger Assets
Bonds at book value 933156891
Casli in office 2922689
Deposits at interest 151315754
Agents balances net 225570544
Other items
Bills receivable 2312206
Equity in funds of the Workmens Comp and
Reins Bureau 21715929
Losses recoverable from reinsurance companies 7371942
Agents sundry balances and advanced traveling
expenses 4501064
35901141
Total ledger assets as per balance No 33 1348867019
NonLedger Assets
Interest due and accrued 11486919
Total assets 1360353938
Deduct Assets Not Admitted
Agents balances 10077013
Bills receivable 2312206
Other items
Overdue and accrued interest on bonds in de
fault 70000
Book value of bonds and stocks over market
value 35672258
Agents sundry balances and advanced traveling
expense 6008560
Companys proportion of loss reserve fund of
Workmens Compn Reins Bureau 2052953
Total not admitted assets 56192990
Total admitted assets 1304160948
Liabilities
Net amount of unpaid losses and claims 476063095
Reserves or unearned premiums on risks outstanding 437637274
Salaries and miscellaneous accounts due or accrued 3000000
Taxes due or accrued 35749435492
Annual Report
Other items
Commissions due agents
Estimated expenses of investigation and ad
justment of unpaid claims
47453292
4200000
51653292
Total amount of liabilities except capital 1004103096
Capital actually paid in cash 100000000
Surplus over all liabilities 200057852
300057852
Surplus protection to policyholders
Total liabilities 1304160948
Premiums in Force Miscellaneous Companies
In force December 31 1919
Written or renewed during year
Sum
Deduct ceased to be in force during year
In force December 31st 1920
Deduct amount reinsurance
Net premiums in force
Business in Georgia During 1920
Accident
Health
Liability
Fidelity
Surety
Plate glass
Steam boiler
Burglary and theft
Fly wheel
Auto and teams property damas
Workmens collective
Gross Premiums
less Return Pre
miums on Risks
Written or Re
newed during
the Year
637111
412940
2894060
9 lis12
844187
1100228
469846
365430
635670
710611
G7507
729304347
1419662246
2148966593
1185191884
963774709
110089716
853684993
Gross Losses
Paid
94632
201198
1563067
52770
318890
250000
2332889
2726375
Totals
Funds
9079432 2939821
Investments in Georgia
2341000
Total investments in Georgia 2341000
SOUTHERN COOPERATIVE FIRE INSURANCE COMPANY
22 Jacques Bldg Macon Ga
Kinds of business done in GeorgiaIndustrial FireFourCounty Plan
Income
Gross renewal premiums 316860
Total premiums 316860
Total income 316860
Disbursements
Net amount paid policyholders for losses 11300
Commissions and allowances to agents
b Renewal 255000
255000
Rents and interest 12000
Advertising printing postage telegrams etc 4600Insurance Department of Georgia 493
Other items
Taxes and licenseslocal and state 14058
Total disbursements 295958
Balance 24543
Ledger Assets
Deposits not at interest 24543
Other items
Furniture fixtures and stationery 37500
Total ledger assets as per balance No 23 62043
NonLedger Assets
Other items
Premiums in course of collection 40015
Total assets 102050
Deduct Assets Not Admitted
Othe ritems
Furniture and fixtures 37500
Total not admitted assets 37500
Total admitted assets 64558
Liabilities
Other items
Estimated taxes to accrue 15000
Surplus over all liabilities 49558
Surplus protection to policyholders 49558
Total liabilities 64558
Business in the State of Georgia During 1920
A Fire
Gross risks written I 10139800
Gross premiums on risks written 316860
Losses paid deducting salvage 11300
Net losses paid 11300
Net losses incurred 11300
STANDARD ACCIDENT INSURANCE CO
Penobscot Building Dertoit Michigan
Lem W Bowen President Charles C Bowen Secretary
Attorney for service in GeorgiaBickerstaff Richards Co Atlanta Ga
Kinds of business done in GeorgiaAccident Health Liability Property
Damage and Workmens collective Insurance
Amount of paidup capital 150000000
Ledger assets Dec 31 1919 1118542407
Increase of paidup capital during year 50000000
Extended at 1168642407
Income
Gross premiums on new business 1259517047
Deducl amount paid for reinsurance and return
premiums 222398351
Total premiums 1037118696
Interest and rents 52925656
Profits on sale or Increase by adjustment of assets 1683944494
Annual Report
Other items
Policy fees
2051700
2051700
Total income 1093779995
Carried forward 2263322402
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Agents balances charged off
Taxes licenses and etc
Inspections
Furniture and fixtures
400648660
49442595
246011342
68126630
2832201
20530016
62000000
7197006
2500169
29292115
13290550
4417475
Total disbursements 9062S87S9
Balance 1356033643
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Collateral loans
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net premiums in course of collection 1
Other items
Deposit with Workmens Compensation Re
insurance Bureau 16191662
87802863
52361350
40759900
23525000
2177838
36201530
370248
96643252
16191662
Total ledger assets as per balance No 23 1356033643
NonLedger Assets
Interest due and accrued
Market value of assets over book value
17755121
1824830
Total assets
1375613594
Deduct Assets Not Admitted
Other items
Premiums prior to Oct 1st 1920 29496488
Collateral loans 161640
Total not admitted assets
29647808
Total admitted assets 13459657
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Kstimated expenses of investigation and ad
justment 3000000
Commissions on policies effective after Oct
591094837
378532356
9365732
33500000Insurance Department of Georgia 495
1st 1920 45965360
48965360
Total amount of liabilities except capital 1061458285
Capital actually paid in cash l 500 000 00
Surplus over all liabilities l345o7501
Surplus protection to policyholders 284507501
Total liabilities 1345965786
Premiums in Force Miscellaneous Companies
In force December 31 1919 603006978
Written or renewed during year 1259517047
51 1862524o25
Deduct ceased to be in force during year 10 907 248 20
In force December 31st 1920 7 717992o5
Deduct amount insured l7850l99
Net premiums in force 7539490 06
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 6386856 1590645
i 2480298 1384345
Aftn 2448044 1039440
Auto and teams property damage 758053 473317
Totals j 12073251 4487747
Investments in Georgia
Bonds 5650000
Total investments in Georgia 5650000
AS
STANDARD MARINE INSURANCE COMPANY LTD
6365 Beaver St New York N Y
J Roberts United States Manager
Attorney for service in GeorgiaW L Wilson Savannah
Kinds of business done in GeorgiaMarine Insurance
Deposit Capital 200 oon no
Ledger assets Dec 31 1919 ZI 3247J7473
Kxtended at
Income
Gross premiums on new business 7 672 445 27
Deduct amounts paid for reinsurance and return pre
miums 437653789
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assetsI
Other sources
Remittance from H O to II S branch
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etcZZZZZZZZI

7
Ga
324777473
329590738
13080560
1048300
245852481
589572079
914349552
182127137
1356414
41835745
4348468
188546
1084079496
Annual Report
25000
176051
38500
53860
2250524
15800043
500000
Other items
Investment expenses
Furniture and fixtures
Field supervisory expenses
Map including corrections
Inspection and surveys
Taxes
Agents balances charged off
Remittances to H O by TJ S branch 340701624
Total disbursements 590133889
Balance 324215663
Ledger Assets
Bonds at book value 15S25
Stocks at book value
Deposits at interest
Deposits not at interest
Agents balances net
Other items
Agents balances representing business written prior to Oct
1 1920
41987700
8329810
1366196
73594954
5245778
Total ledger assets as per balance No 23 324215663
NonLedger Assets
Interest due and accrued 3057937
Other items
Due from sundry reinsuring companies on loans paid 57153066
Total assets 384426666
Deduct Assets Not Admitted
Agents balances 5245778
Other items
Book value of bonds and stocks over market value 19932925
Total not admitted assets 25178703
Total admitted assets 359247963
Liabilities
Net amount of unpaid losses and claims 124118000
Reserves or unearned premiums on risks outstanding 36761792
Salaries and miscellaneous accounts due or accrued 500000
Taxes due or accrued 23000000
Other items
Contingent commissions or other charge due or accrued 3500000
Total mounts of liabilities except capital 187879792
Deposit capital 20000000
Surplus over al laibilities 151368171
Surplus protection to policyholders 171368171
Total liabilities 359247963
Business in Force Marine and Inland
In force on the 31st day December 1919 484127436
Written or renewed during the year 1184615946
Total 1668743382
Deduct those expired and marked off as terminated 1581065812
In force at the end of the year
Deduct amount reinsured
87677570
26615495
Premiums
137269611
767244527
904514138
838031133
66483005
29721213
36761792
Net amount in force 61062075
Business in the State of Georgia During 1920
Marine and Inland
Gross risks written 3474796300
Less 116784000 risks cancelled and 1371188500 reinsurance in
companies authorized in Georgia 1487972500
Net risks written 1986823800
Gross premiums on risks written 30957393Insurance Department of Georgia 497
Less 5245425 return premiums and 10499056 premiums for re
insurance in companies authorized in Georgia 15744481
Net premiums received 15212512
Losses paid deducting salvage 62 513 00
Less losses on risks reinsured in companies authorized in Georgia 2517l69
Net losses paid 3734131
Losses incurred 1070600
Less losses on risks reinsured in companies authorized in Georgia 461769
Net losses incurred 608831
THE THAMES AND MERSEY MARINE INSURANCE COMPANY LTD
27 William St New York N Y
F H Canty Manager
Amount of paidup capital 20000000
Ledger assets Dec 31 1919 208050208
Extended at
208050208
Income
Gross premiums on new business 483960704
Deduct amounts paid for reinsurance and return pre
miums 332446888
Total premiums
Interest and rents
Other sources
Stock dividend Underwriters Salvage Co of New
York 4 shares par 10010 40000
Remittances from and for acct home office to U S
branch gross 32612157
From agents balances previously charged off 13333
151513816
5921007
32665490
Total income 190100313
Carried forward 398150521
Disbursements
Net amount paid policy holders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Field supervisory expenses 1060467
Furniture and fixtures 177811
Inspection and surveys 844382
Federal taxes 1865593
Taxes licenses and fees 8388198
Legal expenses excluding legal expenses on losses 225177
Agents balances charged off 11356
Remittances to and for acct home office by U S
branch gross 24943854
96478214
345796
36981466
15216477
1062563
5436486
2349500
37516838
Total disbursements 195387340
Balance 202763181
Ledger Assets
Bonds at book value 1iTo6iiii
Stocks at book value 21421300
Deposits at interest oSHoS
Agents balances net 3142181m MM
498
Annual Report
Other items
Bills receivable taken for marine and inland risks 1731273
Due from authorized companies on losses paid 13531376
Due from unauthorized companies on losses paid 8277822
Cash deposit with trustees 140625
23681096
Total ledger assets as per balance No 23
NonLedger Assets
2027631SI
1403544
20200
Interest due and accrued
Other items
Interest on bills receivable taken for marine premiums
Total assets 204186925
Deduct Assets Not Admitted
1 7505626
Agents balances
Other items
Due from unauthorized companies on losses paid
Book value of bonds and stocks over market value
Total not admitted assets
8277822
18635838
34419286
Total admitted assets 169767639
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities
Surplus protection to policyholders
20000000
52068608
56818144
31880887
5000000
4000000
97699031
72068608
Total liabilities 169767639
Business in Force Marine Insurance Companies
In force on the 31st day December 1919 7182063300
Written or renewed during the year 54265299500
Total 61447362800
Deduct those expired and marked off as terminated 53566678500
Premiums
71009781
483960704
554970485
479339307
In force at the end of the year 7880684300
Deduct amount reinsured 2504609400
75631178
25599249
Net amount in force 5376074900 50031929
Business in the State of Georgia During 1920
Marine and Inland
Gross risks written 9448 726 00
Less 20004100 risks cancelled and 317165000 reinsurance in
Companies authorized in Georgia 337469100
Net risks written 6074013500
Gross premiums on risks written 8185070
Less 1569023 return premiums and 2193306 premiums for re
insurance in Companies authorized in Georgia 3762379
Net premiums received 4422691
Loss paid deducting salvage 3449284
Less losses on risks reinsured in Companies authorized in Georgia 1335674
Net losses paid
2113610
Loss incurred
Less losses on risks reinsured in Companies authorized in Georgia
3454809
1335674
Net losses incurred
2119135Insurance Department of Georgia
499
THE TRAVELERS INDEMNITY COMPANY
700 Main St Hartford Connecticut
L F Butler President J H Coburn Secretary
Attorney forservice in GeorgiaHarold D Dyke Healey Bldg Atlanta Ga
Kinds of business done in GeorgiaAccident Health Plate Glass Boiler
Burglary Fly Wheel Auto and Others
Amount of paidup capital 10000000
Ledger assets Dec 31 1919 5nnnnnnn
Increase of paidup capital during year ouoouooo
Extended at 638559592
Income
Gross preiums on new business 1132203117
Deduct amount paid for insurance and return
premiums 303691511
Total premiums 8i35
Interest and rents Sanioe
Profits on sale or increase by adjustment of assets isuisd
Other sources
Surplus paid in ioc
Exchange iH2k9
Inspections 1733452
76945433
Total income 929218829
Carried forward 1567778421
Disbursements
Net amount paid policyholders for losses 3oo
Legal and administrative expenses in adjustment of claims 24814Z4b
Commissions and allowances to agents ooVofcso
Salaries of officers and employes
Rents and interest liSlsli
Advertising printing postage telegrams etc I82ba4i
Loss on sale and decrease by adjustment of assets sivt66
Other items
Inspections ln4A
State taxes on premiums irofcn
Insurance dept licenses and fees Iio8lb0
Federal taxes SSSJio
All other licenses fees taxes etc Hb713J4
Legal expenses 77601
64313322
Total disbursements 729825596
Balance 837952825
Ledger Assets
Mortgage loans first lien Iftllllnn
Bonds at book value irr nfi
Stocks at book value 74264310
Deposits at interest oorss
Agents balances net 3SS8X
Other items
On policies or renewals effective on or after
October 1 1920 126580703
On policies or renewals effective prior to
October 1 1920 4649365
131230068
Total ledger assets as per balance So 23 837952825500
Annual Report
NonLedger Assets
Interest due and accrued
Total assets
7663935
Deduct Assets Not Admitted
Agents balances
Other items
rremiums in course of collection effective prior to
October 1 1920
Book value of stocks over market value
Total not admitted assets
S 45616760
33888
4649365
1017362
5700615
Total admitted assets S39916145
Liabilities
Net amount of unpaid losses and claims 653 170 95
Reserves or unearned premiums on risks outstanding 4972470 47
Salaries and miscellaneous accounts due or accrued 33s811 62
Taxes due or accrued 117628 31
Total amount of liabilities except capital
Capital actually paid in cash 1500000 00
Surplus over all liabilities 820080 10
607908135
Surplus protection to policyholders 232008010
Total liabilities 839916145
Business in Force Life Insurance Companies
In force December 31 1919 633070303
Written or renewed during year 1132201317
Sum 17652i71620
Deduct ceased to be in force during year S491103 52
In force December 31 1920 9161612 68
Deduct amount returned l99161 74
Net premiums in force 896245o94
Business in Georgia During 1920
Gross Premiums
less Eeturn Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 234352
Health 26250
Plate glass 997623
Steam boiler 1525244
Burglary and theft 2329796
Fly wheel 238178
Auto and teams and other properety damage 498761 s
Totals 10339061
Investments in Georgia
Bonds 5885031
Total investments in Georgia
S413 4821 ios2s 7C181 331104 305954S
4090175
5885031
THE TRAVELERS INSURANCE
700 Main Street Hartford Conn
L F Butler President J L Howard Secretary
Attorney for service In GeorgiaR 1 Waugh Healey Building Atlanta Ga
Kinds of business done in GeorgiaAccident Health Liability
Amount of paidup capital 750000000
Ledger assets Dec 31 1919 4887738934
Increase of paidup capital during year 150000000
Extended at 5037738934Insurance Department of Georgia
501
Income
Gross premiums on new business 5067825377
Deduct amount paid for insurance and return
premiums 760545775
Total premiums boHco
Interest and rents fjoni on
Profit on sale or increase by adjustment of assets 6380130
Other sources
Inspections 6000
Claims assumed 53225524
Miscellaneous profit and loss 35271
From agents balances previously charged off 25225
5389020
Total income 4501624979
Carried forward 9539363913
Disbursements
Net amount paid policyholders for losses 1781718304
Legal and administrative expenses in adjustment of claims 318M171Z
Commissions and allowances to agents
Salaries of officers and employes Ko7ni
Rents and interest I
Advertising printing postage telegrams etc VonToo
Loss on sale and decrease by adjustment of assets 18DS74as
0tmns 11JJ0M
State taxes on premiums X
Insurance department licenses and fees 2344Z44
Federal taxes ilillitl
All other licenses fees taxes etc 5b39Zz
Legal expenses 1822293 287632651
Total disbursements 4041788196
Balance 5497575717
Ledger Assets
Bonds at book value all
Stocks at book value obbksvsS
Cash in office 28868782
Deposits at interest InZi k2
Deposits not at interest
Agents balances net 16062508
Other items cnonnnn
Collateral loans HXilSiS
Outstanding premiums S o
Bills receivable 12057274
Balance of deposit with Insurance Department
and Workmens Compensation Board 156800
822779705
Total ledger assets as per balance No 23 5497575717
NonLedger Assets
Interest due and accrued JSIIZi
Market value of assets over book value 53957075
Other items
Coinsurance on coal mines and prohibited
risks 1153319
Gross assets life business 13997010174
13998163493
Total assets 19592673610
Deduct Assets Not Admitted
Agents balances 16052503
IMlls receivable 12057274
502
Annual Report
Other items
Outstanding premiums 38494124
Overdue and accrued interest on bonds in de
fault 4592667
assets not admitted life business 18060055
Total not admitted assets
89256623
Total admitted assets 19503416987
Liabilities
Net amount of unpaid losses and claims 2408588648
Reserves or unearned premiums on risks outstanding 1287933548
Salaries and miscellaneous accounts due or accrued 149737644
Taxes due or accrued 62890499
Other items
Reinsurance 3169186
Special reserve 150000000
Total liabilities life business 13801917375
13955086561
Total aount of liabilities except capital 17864236900
Capital actually paid in cash 750000000
Surplus over all labilities 889180087
Surplus protection to policyholders 1639180087
Total liabilities 19503416987
Premiums in Force Misllatiejs Companies
In force December 31 1919 23229985 53
Written or renewed during yearI 5067825s77
Sum 7390823930
Deduct ceased to be in force during vear 46 853 83 77
In force December 31st 1920 27054403 53
Deduct amount retnrned i9l 82 07
Net premiums in force 2669t22146
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
9872891 2170666
2743719 1454980
33868127 14357032
Accident
Health
Liability
Totals
46484737
Investments in Georgia
Bonds 132IS912
Total investments in Georgia
17979678
I 3218912
THE TRAVELERS INSURANCE COMPANY
700 Main Street Hartford Conn
L F Butler President j L Howard Secretary
Attorney for service in GeorgiaR J Waugh 1622 Healey Bids Atlanta Ga
Kinds of business done in GeorgiaAccidenl Health Liability Workmens
Collective
Amount of paidup capital 60000000
Ledge assets Dec 31 1919 4095928457
Extended at 4099284 57
Income
Gross premiums on new business 4407344840Insurance Department of Georgia
503
Deduct amount paid for insurance and return

premiums
649089866
Total premiums
3718294974
Interest and rents 1SSSS5ol
Profits on sale or increase by adjustment of assets
Other sources
Inspections
Claims assumed
From agents balances previously charged off
Borrowed money
19796482
154
45973700
12053
1000000000
Total income
1045985907
4942774031
Carried
forward 9038702488
Disbursements
Net amount paid policyholders for losses
Matured endowments and surrender values under
ten premium accident policies
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Licenses fees and taxes 127986712
Borrowed money repaid 1000000000
Other disbursements 63687476
1439369868
1339090
207555292
634936775
482794475
43823620
45651883
96000000
7818363
1191674188
Total disbursements 4150963554
Balance 4887738934
Ledger Assets
Bonds at book value 3
Stocks at book value 5
Cash in office
Agents balances net
Deposits at interest 2
Deposits not at interest
Other items
Bills receivable 669664
Thrift stamps 10600
Outstanding premiums 641559013
Collateral loans 73227875
96136000
35394450
21727421
6001044
53960957
59051910
715467152
48838934
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued 4croEcn
Market value of assets over book value 28522650
Other items
Gross assets life business 12171828945
Total assets 17129820483
Deduct Assets Not Admitted
Agents balances 622ne1
Bills receivable 66966 1
Other items
Outstanding premiums prior to October 1 1919 46156671
Overdue and accrued interest on bonds in de
fault 3780667
Assets not admitted life business 15220588
Total not admitted assets 71828634
Total admitted assets7057991849
504
Annual Report
Liabilities
Net amount of unpaid losses and claims5
Reserves or unearned premiums on risks outstandingI
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Expenses of investigation
Commissions
Reinsurance
Special reserve
22208
11413
464
623
20731
32409
90111
18886
4065982
88481668
4908640
150000000
2474
118197
56290
177
Total liabilities Life business
Total amount of liabilities except capital 155 382 066 04
Capital actually paid in cash 6 000 OOcToo iD0dsiubu
Surplus over all liabilities 9197 85245
Surplus protection to policyholders
Total liabilities
1519785245
17057991849
Premiums in Force Miscell
In force December 31 1919
Written or renewed during year
Sum
leus Companies
Deduct ceased to be in force during year
In force December 31st 1919
Deduct amount reinsured
Net premiums in force
20
14
61
11
23
22
20188766
07344840
27533606
04535053
22998553
35762281
87236272
Business in Georgia During 1920
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
Accident
Health
Liability
Workmens collective
Ordinary
7291635
2606608
26952818
90000
Totals
Bonds
Industrial
3466422
1005835
11110292
6117
36941061 15588666
Investments in Georgia

13248912
Total investments in Georgia
t 13248912
UNION MARINE INSURANCE COMPANY LTD
27 William Street New York N Y
F H Canty IT S Manager
Amount of paidup capital 20000000
Ledger assets Dec 31 1919 130536391
Extended at 130536391
Income
Gross premiums on new business 331574077
Deduct amount paid for insurance and return
premiums 228203071
Total premiums 103371006
Interest and rents 43 221 00
Other sources
Remittances from home office to United States
branch gross 88776101Insurance Department of Georgia
505
From agents balances previously charged off
26284
88802386
Total income 196495491
Carried forward 327031882
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
Field supervision expenses
Furniture and fixtures Including rent of and
repairs to same
Inspections and surveys
Federal taxes
Taxes licenses and fees
Legal expenses
Agents balances charged off
Investment expense interest due to delay in
exchange of bonds
Remittances to home office by U S branch
gross
60978886
960204
19714642
7581170
539112
2218207
83110
561423
20603
410353
643879
4709642
9121
126450
54869
63253372
69975412
Total disbursements
162050743
Balance
Ledger Assets
Bonds at book value
Deposits at interest
Agents balances net
Other items
Bills receivable taken for Marine and Inland
risks
Cash deposit with trustees 1
Due from authorized Companies on losses paid
Due from unauthorized Companies for losses
paid
164981139
103864531
117622
33151550
480700
11006051
11877093
4473592
27847436
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Agents balances 8999718
Other items
Due from unauthorized Companies for losses
paid 4473592
Book value of bonds and stocks over market
value 11243931
Total not admitted assets I
164981139
1400115
166381254
M7172ll
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Total amount of liabilities except capital
141664013
545239 53
19537925
1000000
3000000
78061878mft
506 Annual Report
Capital actually paid in casli 20000000
Surplus over all liabilities 43602133
Surplus protection to policyholders 63602135
Total liabilities i 1416640 13
Business in Georgia During 1920
Marine and Inland
Gross risks written I 447799000
Less risks cancelled 219539700
Xet rfsks written 228259300
Gross premiums on risks written 6083662
Less return premiums 4405255
Net premiums received 1678407
Losses paid deducting salvage 3 169073
Less losses on risks reinsured in Companies au
thorized in Georgia 2322592
Net losses paid 846481
Losses incurred 6159573
Less losses on risks reinsured in Companies au
thorized in Georgia 2560882
Xet losses incurred 3598691
Business in ForceMarine and Inland
Risks t Premiums
lu force on the 31st day of December as per
line 6 under this heading in last years state
ment 68062649 75768862
Written or renewed during the year per income
No 5 435977834 331574077
Total 504040483 107312939
Deduct those expired and marked off as termi
nated 433179263 336S10827
In force at the end of the vear 70861220 70532112
Deduct amount reinsured 41081740 42284223
Net amount in force 29779480 28247889
UNITED STATES CASUALTY COMPANY
80 Maiden Lane New York City N Y
Kdson S Lott President D G Luckett Secretary
Attorney for service in GeorgiaJ H Mullen Atlanta Ga
Kinds of business done in GeorgiaCasualty Insurance
Amount of paidup capital 50000000
Ledger assets December 31st 1919 583248458
Extended at 583248458
Income
Gross premiums on new business 790916234
Deduct amount paid for insurance and return pre
miums 201264011
Total premiums 589652223
Interest and rents 24105629
Profits on sale or increase by adjustment of assets 182500
Other sources
Recovery of items previously charged to profit and loss 579951
Total income 614520303
Carried forward t 1197768761Insurance Department of Georgia
507
Disbursements
Net amount paid policyholders for losses
Legal and administrative expense in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Paid stockholders for dividends
Loss on sale and decrease by adjustment of assets
Furniture and fixtures
Other items
Insurance department fees agents licenses and
taxes
Profit and loss
Fees of auditors
Extended free accident insurance
Exchange on checks
Insurance
Repayment of New Tork state taxes withheld
Miscellaneous
Legal expenses
Dues and subscriptions to associations bureaus and
commercial agencies
239307648
41789062
127815984
39839254
10609285
10208991
4996000
922126
1989583
15904352
32199
3637501
632175
128254
368156
24449
622041
519561
1383953
19978890
Total disbursements 497456823
Balance
Ledger Assets
Book value of real estate
Mortgage loans first lien 239100100
Bonds at book value
Stocks at book value
Cash in office
Deposits at interest
Agents balances net debits
Other items
Premiums in course of collection gross
The workmens compensation reinsurance bureau fund
Cash in hands of resident manager and adjusters
700311938
25000
23910000
385122408
165526585
521907
38883214
243778
76396644
8962402
120000
5311809
102496
Total ledger assets as per balance No 23 700311938
NonLedger Assets
Interest due and accrued
Other items
Reinsurance recoverable on paid losses
Total assets
Deduct Assets Not Admitted
Agents balances debits 243778
Other items
Book value of bonds and stocks over market value 68114881
Cash in hands of resident managers and adjusters 120000
706648708
Total not admitted assets 68478659
Total admitted assets 638170049
Liabilities
Net amount of unpaid losses and claims 232549484
Reserves or unearned premiums on risks outstanding 245570076
Dividends to policyholders declared but unpaid 1305200
Salaries and miscellaneous accounts due or accrued 12000000
Commissions on premiums in course of collection 17845593
Other items
Reinsurance
Reserve for unadjusted claims workmens compensation bureau 966694
Estimated amount hereafter payable for federal state and other
taxes based upon the business of the year of this statement 14000000
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities except capital
50000000
70832347
517337702
120832347
Surplus protection to policyholders
Total liabilities 638170049
508
Annual Report
Premiums in Force Miscellaneous Companies
In force December 31st 1919 3nnaIHi
Written or renewed luring year s2iH
Sum 118748044
Deduct ceased to be in force during year 68506130
In force December 31st 1920 5otir25i
Deduct amount reinsured Jf fsSc2
Net premiums in force iiii6iiaty
Business in Georgia During 1920
Gross Premiums
i less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Accident 1210393 373116
uYtvT 1238227 659130
r fahilitv 13546880 5612196
Plate elasV 227981 36945
BmliaryandTheft 478301 911286
Auto and teams property damage 131ion iaqb
Workmens collective 344690 1Uib Sl
Totals 18650333 8482987
UNITED STATES FIDELITY AND GUARANTEE COMPANY
Calvert and Redwood Streets Baltimore Md
John H Bland President R Howard Bland Secretar
Amount of paidup capital 4i2525
Ledger assets December 31st 1919 274164156
27416417
Extended at v
Income
Gross premiums on new business 3373940665
Deduct amounts paid for reinsurance and return pre
miums 86791309
Total premiums JSSIbo
Interest and rents and from all other sources iinsau
26188125
56
85
20
469S94159
Total income
53604543
Carried forward
Disbursements
Net amount paid policyholders for losses bitbM
Legal and administrative expenses in adjustment of claims 42039
Commissions and allowances to agents
Salaries of officers and employes including salaries traveling and
other expenses of agents not paid by commission
Rents and interest
Advertising printing postage telegrams etc filfiVoOO
Paid stockholders for dividends 10890
Loss on sale and decrease by adjustment of assets 10890
Other items
Total disbursements
Balance
3431090
243113
2162408179
32080461
Ledger Assets
ook value of real estate 1AHf0Q
38
18
5530000
Mortgage loans first lien 5530000
Bonds at book value l401Voi
Stocks at book value 26397
Cash in office 2 941 mis
Deposits at interest 407l71
Deposits not at interest g 39ot4s
Agents balances net
Other itemsInsurance Department of Georgia
509
Loans secured by pledge of bonds stocks etc and miscellaneous
items 78443620
Total ledger assets as per balance No 23 3208046138
NonLedger Assets
Interest due and accrued 25155320
Market value of assets over book value 26627517
Total assets 3259828975
Deduct Assets Not Admitted
Agents balances 11174350
Other items 194941978
Total not admitted assets 206116328
Total admitted assets 3053712647
Liabilities
Net amount of unpaid losses and claims 304379530
Special reserve for unpaid liability and workmens comp losses 662089963
Salaries and miscellaneous accounts due or accrued 2000000
Taxes due or accrued 59920549
Other items
Estimated expenses of investigation and adjustment
of unpaid claims 4072200
Total unearned premiums 1024049190
Commissions due agents on policies effective on or
after October 1 1920 109850545
Return premiums and reinsurance premiums 679414
Funds held under reinsurance treaties 3464278
1142115627
Total amount of liabilities except capital 2170505669
Capital actually paid in cash 450000000
Surplus over all liabilities 433206978
Surplus protection to policyholders 883206978
Total liabilities 3053712647
Premiums in Force Miscellaneous Companies
In force December 31st 1919 JqoS
Written or renewed during year iiiH
gum 380137 oz
Deduct ceased to be in force during year S51S
In force December 31st 1920 21697384
Business in the State of Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
1508822 1123783
11lth 1158703 603137
rial ilitv 18489692 6504325
F delitv 4689694 4726616
Siretv 12177306 578149
Plate glass 1614543 1040970
Burglary and theft 1644805 790721
Auto arid teams property damage 2Holn iuHw
Workmens collective 363410lblJM
Totals 44582676 16199272
UNITED STATES LLOYDS INC
3 South William Street New York N Y
Herebert Appleton President FH Appleton Secretary
Attorney for GeorgiaSimon Freitag Atlanta Ga
Amount of paidup capital ISgSSgSS
Ledger assets December 31st 1919 325893640
t 325893640
Extended at 510
Annual Report
Income
Gross premiums on new business 888360670
Gross renewal premiums 547606905
Total premiums
Reinsurance commission
Bonds
Other sources
Interest on bonds and stocks 11687338
Interest on deposits in banks 1114820
Interest on balances from time to time in hands
of agents 1238262
340753765
15598709
484173
14040420
Total income 370877067
Carried forward
Disbursements
Net amount paid policyholders for losses
696770707
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Paid policyholders for dividends
Loss on sale and decrease by adjustment of assets
Other items
Federal taxes
State taxes
Exchange
Income tax withheld
Legal expenses excluding legal expenses on losses
Total disbursements
Balance
Ledger Assets
Bonds at book value
Stocks at book value
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Reinsurance due on paid losses
257570147
6129343
128225059
1314399
6000000
4665955
3953305
6055915
9993915
66469
105291
442079798
272690909
248109750
6720000
30142155
12280996
272690909
3419984
18274912
Total assets 294385805
Deduct Assets Not Admitted
Agents balances 9281129
Overdue and accrued interest on bonds in default 6 12500
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Tasrs due or accrued
9893629
284492176
111166622
75466982
692799
8693625
Total amount of liabilities except capital
Capita actually paid in cash
Surplus over all liabilities
40000000
48472148
196020028
Surplus protection to policyholders 88472148
Total liabilities 284492176
Buseiness in ForceMarine
Risks Premiums
In force on the 31st day of December 1919 24419104300 2 617 576 50
Written or renewed during year 340030158200 8i88360670
Total 364449262500 1150118320Insurance Department of Georgia
511

Deduct those expired and marked off as termin
ated 3445664106001 855906365
In force at the end of the year 19884851900 294211955
Deduct amount reinsured 11293734600 148651872
Net amount in force 8591117300 145560083
Business in the State of Georgia During 1920
Marine and Inland
Gross risks written 863542000
Less 2938500 risks cancelled and 143172700 reinsurance in Com
panies authorized in Georgia 146111200
Net risks written 717430800
Gross premiums on risks written 6350253
Less 510036 return premiums and 777566 premiums for rein
surance in Companies authorized in Georgia 1287602
Net premiums received 5062651
Losses paid deducting salvage r 4846342
Less losses on risks reinsured in Companies authorized in Georgia M571
Net losses paid 4221071
Losses incurred oo19o
Less losses on risks reinsured in Companies authorized in Georgia 805522
Net losses incurred 4516410
Investments in Georgia
Bonds par 2000000
Total investments in Georgia 20000001512
Annual Report
INDUSTRIAL LOCAL COMPANIES
AMERICAN INSURANCE COMPANY
115 Park Avenue West Savannah Ga
Ledgeslet DS
Extended at 894946
Income
Gross renewal premiums cq q17 7c
Deduct amount paid for return premiums 1 1635
Total premiums
Interest and rents 5 5990140
Other sources 27950
Borrowed money 287600
Total income 6305590
Carried forward
Disbursements
Net amount paid policyholders for losses qc ons Kn
Commissions and allowances to agents fqn
Salaries of officers and employes IJ0
Rents and interest Z 442900
Advertising printing postage tefegramietcr I II j
Other items 0510
Auditing 9oftfln
Premium on Are insurance oiio
laxes and licenses jorS
Borrowed money repaid 9750O
165140
Total disbursements JT7T777
Balance
887985
Ledger Assets
Book value of real estate net nn
Bonds at book value 270000
Cash in office I 470000
Deposits not at interest 559
Other items 1691
Office furniture and equipment
140745
Total ledger assets as per balance No 23 8l7985
NonLedger Assets
Interest due and accrued
Other items 4375
Weekly dues due and unpaid net 1 u2 9
Total assets
1016650
Other items DedUCt Assets Not Admitted
Difference between bond value and market value of
ooncis
Furniture and equipment inoSceTr 1 4OT45
Total not admitted assets
180745
Total admitted assets 1
835905Insurance Department of Georgia
513
M Liabilities
Other items 182 44
Premiums paid in advance 4 1nr
Borrowed money with interest aountZZZZZZZZZZ 4181 32
lota amount ot liabilities except capital
Surplus protection to policyholders 819281
16624
Total liabilities 1
o 835905
Business in Force Life Insurance Companies
In force December 31st 1919 Industrial
Issued revived or increased during vear 318643
Sum s J 623353
Deduct ceased to be in force duringvear 941996
In force December 31st 1920 572229
369767
ATLANTA MUTUAL INSURANCE COMPANY
A F Herndon Presided AUbUm AV6nUe G
Attorney for service in GeorgiaWilliam A Wright IanCssfoner
Amount ot paidup capital mssioner
Balance from previous year 2500000
16191417
Extended at
I 16191417
Income
Gross renewal premiums
DmuiCmsamUntS PaW f0r rraneand7eturapre 141573209
216810
Total premiums
Interest and rents 111356399
Agents balances previously charged off 516436
Borrowed money 35 00
Bond deposits 44000 00
Outstanding checks I 164036
111281
Total income
t 116551652
Carried forward
132743069
Disbursements
Net amount paid for losses
Commissions and allowances to aeents 51202049
Salaries of officers and employes 46254948
Rents and interest and payment on loans 5182031
Printing advertising postage etc 2446505
Medical fees 1487778
State and federal taxes 646527
Other disbursements 2470673
Traveling expenses of managers and agents 2092527
Insurance department fees and licensesZZZLZZZZZZZZZ 1468959
Total disbursements
j 113469442
Balance
19273627
Ledger Assets
Book value of real estate
Bonds at book value 4770014
Cash in office 11957928
Deposits at interest per schedule N 101654
Deposits not at interest 123703
Agents balances net 1261170
Other items 694345
War Saving stamps
Unpaid subscription capital stock o22r
23615Wt
54 Annual Report
311165
Furniture and fixtures
192 736 27
Total ledger assets as per balance No 23
NonLedger Assets 2 13863
Interest due and accrued on bonds
0tWereWymdU due and unpaid 2901506 less 33 13 per cent for M
collection 967169
21421827
Total assets
Deduct Assets Not Admitted
S 694545
Agents balances
Other items tt 257928
Book value of bonds and stocks 236 15
Unpaid premiums on capital stock 3 11165
Furniture and fixtures
1287053
Total not admitted assets
20134774
Total admitted assets
LiabiUtieS 120000
xlsdraccSrRsueiiywir 335312
Other items 316899
Premiums paid in advance 1602852
Agents bond reserve 45653
Balance due district managers 2139250
C to Srwuouaisssstyy
11389224
Total amount of liabilities except capital 2500000
Capital rCSrV 1025584
Surplus over liabilities
BU 14914808
Total liabilities
Business in Force CDife Insurance Companies
In force December 31st 1919 ZUSZHZJi 759281600
In force December 31st 19ZU
Business in Georgia
S 172632965
n force December 31st 1919 IHjlI 50768700
Tlal Investments in Georgia 4770014
Real estate IIH 5329510
Bonds 1384803
Deposits in banks Hto
Cash in transit 694345
Agents balances
0UnmltdIpremium capital stock 310i65
Furniture and fixtures JJ
Total investments in Georgia
THE BANKERS HEALTH AND IIFE INSURANCE COMPANY
610 Grand Building Macon Ga
p C Carnes Secretary
P Hay I resident reoriaHon William A Wright Atlanta Ga
n1runriHHingiaInduStrial Life Health and Accident
25000000
Amount of paidup capital 10234719
Ledger assets Dec 31 1919
Income
Cross premiums on new business 71886480
geduct Imount paid for insurance and return
premiums
71796220
Total premiums Insurance Department of Georgia
515
Interest and rents 483583
Other sources
Borrowed money 2000000
Agents balances advances 1570
Advanced by districts 34295
2035865
Total income 74315668
Carried forward f 84550387
Disbursements
Xet amount paid policyholders for losses 36751795
Commissions and allowances to agents 28621995
Salaries of officers and employes 2109725
Rents and interest 371140
Advertising printing postage telegrams etc 669946
Paid policyholders for dividends 500000
Other items
Medical examinations 1225
Miscellaneous 103600
Office rent 445105
General home office expense 79389
Legal expense 59233
Licenses and fees 1082791
Furniture and fixtures 108326
Borrowed money and interest 2021169
Loan on bondstotal 141788
Other items l70822
4213448
Total disbursements 73237849
Balance 11312538
Ledger Assets
Bonds at book value 11108411
Deposits not at interest 204129
Total ledger assets as per balance Xo 23 11312538
XonLedger Assets
Interest due and accrued 74684
I M her items
Weekly dues unpaid 1152075
Less 25 per cent for collection
964057
Total assets 12351279
Deduct Assets Not Admitted
Hank value of bonds over market value 129411
Total not admitted assets 129411
Total admitted assets 12221868
Liabilities
Xet amount of unpaid losses and claims 1713750
Reserves or unearned premiums outstanding 5259639
Salaries and miscellaneous accounts due or accrued 44S05
Taxes due or accrued 143265
I H her items
Premiums paid in advance 1161775
Agents balances 34295
1196070
Total amount of liabilities except capital 8357529
Capital actually paid in cash 2500000516 Annual Report
Surplus over all liabilities 1364339
Surplus protection to polieyholders

Total liabilities
Business in Georgia
3
In force December 31st 1919 2
Issued revived or increased 5
Sum o
Deduct ceased to be in force during the year j
In force December 31st 1920
16
Total
3864339
12221868
03116000
54781000
57879000
07254400
50642600
HO00
BRUNSWICK MUTUAL LIFE AND HEALTH INSURANCE COMPANY
1400 Gloucester St Brunswick Ga
R S Fuller Secretary
JOhn TttorvfoTservice in GeorgiaBalling Whitfleld Brunswick Ga
Kinds of business done in GeorgiaHealth and accident on weekly payment plan
Income
617 75
Gross premiums on new business 15 58329
Gross renewal premiums
Deduct amounts paid for reinsurance and return pre g
miums
Total premiums
Interest and rents
Other sources
Deficiency eta
Agents bond reserve
Cash from officers for organization
Total income
Carried forward
Disbursements
Vet amount paid policyholders for losses
I ki1 and administrative expenses
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
n her items
Traveling expense
Home office and B O expense
Licenses and taxes 1
Furniture and fixtures
Agents bond reserve
Total disbursements
Balance
Ledger Assets
Bonds at book value
Cash in office
Deposits at interest
Deposits not at interest
Agents balances net
Total ledger assets as per balanceNo 23
NonLedger Assets
Inn rest due and accrued
ither items
Premiums
Total assets
6983
11228
757474
217113
78093
22696
29265
7395
ther lemSdue and unpaid less 25 per cent for collection
1619344
22500
775685
2417529
2417529
434050
24600
488088
534668
106394
167152
1777602
639927
500000
4803
111047
19800
4277
639927
9375
44790
694092
Insurance Department of Georgia 517
Deduct Assets Not Admitted
Agents balances
Total not admitted assets 48
Total admitted assets Jjj
Liabilities
aerslutnoril0dneOUS aCCUtnS dUe r accrued 92 00
Other items 3094
Premiums paid in advance ofi Qr
Borrowed money kWaa
Notes payable I I link
Agents bond reserve 3333
272407
Total amount of liabilities except capital o u i
Surplus protection to policyholders I 3637 15
Total liabilities Jq
Business in Force Life Insurance Companies
Issued revived or increased during year dma4675
Deduct ceased to be in force during year io2
In force December 31st 1920 00
Total f2n9
Premiums in Force Miscellaneous Companies
Written or renewed during year RK
Sum oo
Deduct ceased to be in force during year 1 c
In force December 31st 1920 3289
Investments in Georgia
Bonds 500000
Total investments in Georgia 5 uqq qq
CHATHAM MUTUAL LIFE AND HEALTH INSURANCE COMPANY
458 12 West Broad Street Savannah Ga
A H Dunbar President w H Johnson Secretary
Attorney for service in GeorgiaHon Shelby Myrick Savannah Ga
Kinds of business done in GeorgiaHealth Accident and Life Insurance
Ledger assets December 31 1919 1116144
Increase of paidup capital during year 195394
Extended at 920750
Income
Gross preiums on new business 12075666
Deduct amount paid for insurance and return
premiums 13796
Total premiums 120 618 70
Interest and rents 34283
Other sources
Borrowed money 398500
Agents bond reserve 116567
515067
Total income 12611220
Carried forward 13531970
Disbursements
Net amount paid policyholders for losses 56 676 81
Legal and administrative expenses in adjustment of claims 534 59
Commissions and allowances to agents 1 1 in518 Annual Report
Salaries of officers and employes IocnQ
Rents and interest 1cc i
Advertising printing postage telegrams etc 165311
Loss on sale and decrease by adjustment of assets 12250
Other items
Traveling expenses 118997
Medical examinations 10500
Branch office expenses 74694
Home office expenses 15450
Taxes 86287
Other department licenses 49879
Insurance department license 9535
Furniture 71218
Borrowed money 261000
Prizes 5875
Exchange 241
Agents bond reserve 153161
856835
Total disbursements 12575482
Balance 956488
Ledger Assets
Bonds at book value 692500
Cash in office J 7
Deposits at interest 157076
Agents balances net 200 90
other items
Cash in hands of agents 59515
War Saving Stamps 25200
84715
Total ledger assets as per balance No 23 956488
NonLedger Assets
Interest due and accrued 13377
Other items
Weekly dues due and unpaid 311138
311138
Total assets 1281003
Deduct Assets Not Admitted
Agents balances 20090
Book value of bonds over market value 39500
Total not admitted assets 5S590
Total admitted assets 1221413
Liabilities
Net amount of unpaid losses and claims 100800
Salaries and miscellaneous accounts due or accrued 307 50
Taxes due or accrued 19395
0her items
Borrowed money L37500
Agents bond reserve 1316 57
269157
Total amount of liabilities except capital 420102
Surplus over all liabilities 81446
Surplus protection to policyholders 719865
Total liabilities 1139967
Premiums in Force Miscellaneous Companies
In force December 31 1919 263360
Written or renewed during year 311530
Sum 574890
Deduct ceased to be in force during year 319625
In force December 31st 1919 255265Insurance Department of Georgia 519
Business in Georgia During 1928
Gross Premiums
Less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the year
Accident Health and Life 255265 5667681
Totals 255265 56676SI
Investments in Georgia
Bonds 650000
Total investments in Georgia 6 sqq qq
FIRESIDE MUTUAL INSURANCE COMPANY
192 12 Auburn Avenue Atlanta Ga
W S Cannon President T K Gibson
t JAttoVey for service in GeorgiaHon W A Wright Atlanta
Kinds of business done in GeorgiaIndustrial Life Health and
Insurance
Ledger assets December 31st 1919 564599
Extended at
Income
Gross renewal premiums 85 290 50
Deduct amount paid for insurance and return pre
miums U5g5
Total premiums
Interest and rents
Other sources
Removals deficiencies reserve
Agents balances
Officers advances
73468
88941
14500
Total income
Secretary
Ga
Accident
564599
8517465
20000
307409
8844874
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adustment of claims
Commissions and allowances to agents renewal
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Traveling expenses
Licenses and taxes
Auditing
Miscellaneous
Medical examinations
Furniture and fuel exchange
186977
122222
15000
20095
4775
14549
Total disbursements
Balance
Ledger Assets
Bonds at book value
Deposits not at interest
Other items
Remittances in transit
9409473
3972811
17714
3917837
252921
129603
122094
363618
8776598
632875
522500
28459
81916
Total ledger assets as per balance No 23
632875520
Annual Report
NonLedger Assets
Interest due and accrued
Other items
Premiums due 208850 less cost of collecting 61450
Total assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Premious paid in advance f 14750
Agents reserve 250
Total amount of liabilities except capital
Surplus over all liabilities
83808
Surplus protection to policyholders
Total liabilities
Premiums in Force Miscellaneous Companies
In force December 31st 1919
Written or renewed during year
Sum
10000
142400
785275
785275
96200
38800
19590
15000
169590
83808
531877
785275
111300
195050
306350
113850
192500
34770
227270
Deduct ceased to be in force during year
In force December 31st 1919
Amount returned net gain in 1920
Net premiums in force December 1920
Business in Georgia During 1920
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Health
Totals
Investments in Georgia
Bonds 5
Other items
State and county property tax
Total investments in Georgia
Writfen or Re
newed during
the Tear
8517465
Paid
8517465
522500
5O0i00
3972811
3972811
572500
GUARANTY MUTUAL yND HEALTH INSURANCE COMPANY
468 West Broad St Savannah Ga
Walter S Scott President L M Pollard Secretary
Attorney for service in GeorgiaL M Pollard Savannah Ga
Kinds of business done in Georgia Industrial Insurance
Amount of paidup capital 2500000
Ledger assets Dec 31 1919 6296686
Extended at 6296686
Income
Gross premiums on new business 34293922
Deduct amount paid for insurance and return pre
miums 68939
Total premiums 34224983
Interest and rents 222007
Other sources
Borrowed money SSSoo
Agents bond reserve 369228Insurance Department of Georgia
521
Advanced by managers
12219
Total income
Carried forward
Disbursements
TLnt paid Poliyholders for losses
Legal and administrative expenses
Commissions and allowances to agents
a First year
11751270
Salaries of officers and employes
Rents and interest
Other USenS printingpostetiregramiretc
Office expense
Medical examiners
Other legal expenses
Furniture and fixtures
Licenses and fees
Agents bond reserve
Dividend from insurance
Total disbursements
Balance
Mortgage loans first lien
Bonds at book value
Deposits at interest
Deposits not at interest
Other items
Furniture and fixtures
Ledger Assets
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and acured
Other items
Total assets
Deduct Assets Not Admitted
Other items
Furniture and fixtures
Book value of bonds over market value
Total not admitted assets
Total admited assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Taxes due or accrued
Other items
Reserve per act 1909
Borrowed money
Advanced by managers
Agents bond reserve 21
Reserve term insurance
207228
51100
26705
83292
608547
346249
964777
333166
Weekly dues due and unpaid less 25 collection 949616
333166
15000
53000
12219
539116
516900
2500000
103565
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all liabilities capital impaired
Surplus protection to policyholders
Total liabilities
431447
34878437
41175123
15908050
24388
11751270
5112470
229396
464726
2287598
35777898
5397225
2820155
1957460
254473
31971
333166
5397225
46750
712212
6156187
348166
5808021
112500
323785
9820
1844246
1121235
3411586
2396435
5808021522
Annual Report
Business in Force Life Insurance Companies
In force December 31 1919 HSqnfln
Issued revived or increased during year 2 50098oloO
Deduct ceased to be in force during year Twq Ilvfin
in force December 31st 1920 2YC0 gSttOO
Total
Business in Georgia
In force December 31st 1919 HSInnn
Issued revived or increased 25009800
Sum 1 971 4fiy 40
Deduct ceased to be in force during year 1 roilwfin
In force December 31st 1920 iw nxn0
Net losses paid during year tn4il
Net losses incurred during year xwjjio
Investments in Georgia
RnTK 1957460
Mortgage loans JSudo
Other items 286444
Deposits ooo fifi
Furniture and fixtures ddaioo
Total investments in Georgia 5397225
GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INSURANCE
COMPANY
827 Gwinnett St Augusta Ga
rn tj qtnnpv President A M Shernll Secretary
Kinta of business done in GeorgiaIndustrial insurance on weekly payment
plan
Ledger assets Dec 31 1919 km 00
Increase of paidup capital during yeartbwuu
Extended at
Income
Gross premiums on new business
Gross renewal premiums
Deduct amount paid for insurance and return pre
4
miums
456993
3690936
17395
Total premiums
Interest and rents
Other sources
Agents bond reserve
487527
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Traveling expenses
General expense
License and taxes
Furniture and fixtures
Agents balances charged off
Bond reserve
Prizes and bonuses 577
Special examinations and auditing
796785
247089
384343
3480
6897
328549
128345
109913
Total disbursements
Balance
2725948
37348834
91855
487527
37928216
40654164
19539019
22801
12764124
3410857
216010
506519
2036727
38496057
2158107Insurance Department of Georgia 523
Ledger Assets
Bonds at book value 9n nn
Cash in office 55S2S
Deposits at interest SJj
Depostis not at interest over draft 199es
Agents balances net ioS
Other items 229124
Accounts receivable a 0fl
Total ledger assets as per balance No 23 21 58107
NonLedger Assets
Interest due and accrued 9100c
Other items 21985
Premiums due and unpaid 5 903 45
Total assets g 2770437
Deduct Assets Not Admitted
Agents balances less 20065 secured 2 583 01
Accounts receivable l5oK
Total not admitted assets t 2 733 01
Total admitted assets 24 97136
Liabilities
Net amount of unpaid losses and claims 3 102 50
Reserves or unearned premiums on risks outstanding 1784640
balanes and miscellaneous accounts due or accrued 468
Taxes due or accrued 99
Other items
Agents bond reserve 5 67836
Total amount of liabilities except capital 24 223 86
Surplus protection to policyholders 747 50
Total liabilities j 24 97136
Business in Georgia
In force December 31st 1919 g sTSOO
Issued revived or increased 6429 00
UI JZIZ7 5801300
Deduct ceased to be in force during year 7 790 00
In force December 31st 1920 50 223 00
Total 1II 5801300
Net losses paid during year 195390 19
Net losses incurred during year 19849269
Investments in Georgia
Bonds 520000
Other items
Cash 1330371
Personal returns for taxation 300000
Total investments in Georgia if 2150371
INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY
9193 Walton St Atlanta Ga
J N McEachern President I M Sheffield Secretary
Attorney for service in GeorgiaWalter McElreath Atlanta Ga
Kinds of business done in GerogiaHealth Insurance
Amount of paidup capital 2600000
Ledger assets Dec 31 1919 33420957
Extended at 33420957
Income
Gross premiums on new business 6700845
Gross renewal premiums 255597400
Deduct amount paid for insurance and return pre
miums 150845
Total premiums 262147400524
Annual Report
Interest and rents 1465463
Total income 263612863
Carried forward 297033820
Disbursements
Net amount paid policyholders for losses 130113647
Legal and administrative expenses in adustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Medical examiner
Loss otf sale and decrease by adjustment of assets
Other items
Traveling expenses
Licenses and taxes
Janitor office supplies light and heat etc
Furniture and fixtures
Exchange
Interest
Auditing
6631291
891430
526487
52211
30733
61000
562475
91025307
20211048
1872723
2758110
30525
90100
6539843
8193152
Total disbursements 261396930
Balance 35636890
Ledger Assets
Book value of real estate
Mortgage loans first lien
Bonds at book value
Deposits not at interest
Other items
War saving stamps
6570000
5500000
14500000
8648890
418000
Total ledger assets as per balance No 23
NonLedger Assets
35636890
Interest due and accrued
Other items
Weekly dues due and unpaid
Less 25 for collection
6390320
1597580
217140
4792740
Other items
Book value of bonds over market value
Total assets
Deduct Assets Not Admitted
187000
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Reserves or unearned premiums on risks outstanding
Shlaries and miscellaneous accounts due or accrued
Taxes due or accrued
40646770
l870O0
40459770
2135365
16605024
131447
2807047
Total amount of liabilities except capital
Capital actually paid in cash
Surplus over all laibilities
2600000
16180887
21678883
18780887
40459770
Surplus protection to policyholders
Total liabilities
Business in Force Life Insurance Companies
Industrial
In force December 31st 1919 842219900
Issued revived or increased during year 759765600
Sum 1601985500
Deduct ceased to be in force during year 494983900
In force December 31st 1920 1107001600Insurance Department of Georgia
525
Business in Georgia
Industrial
In force December 31st 1919 464905400
Issued revived or increased 336255600
Sum 801161000
Deduct ceased to be in force during the year 225521000
In force December 31st 1920 575640000
Net losses paid during year 75260075
Net losses incurred during year 75321845
Premiums in Force Miscellaneous Companies
In force December 31st 1919 5270930
Written or renewed during year 6331380
Sum 11602310
Deduct ceased to be in force during year 5414830
In force December 31st 1920 6187480
Business in Georgia During 1919
Gross Premiums
less Return Pre
miums on Risks Gross Losses
Written or Re Paid
newed during
the Year
Health 140878090 75260075
Total 140378090 75260075
Investments in Georgia
Real estate 6570000
Bonds 3890000
Mortgage loans 5500000
Other items
Cash in bank 8648890
Weekly dues due and unpaid 4792740
Accrued interest 217140
Furniture and fixtures 1000000
Total investments in Georgia 30618700
LIBERTY MUTUAL LIFE AND HEALTH INSURANCE COMPANY
721 West Broad Street Savannah Ga
P Edward Perry President S A Grant Secretary
Attorney for service in GeorgiaF B Petty 721 W Broad Street
Income
Gross premiums on new business 4535854
Deduct amount paid for insurance and return
premiums 9503
Total premiums 4526351
Interest and rents 21250
Other sources
Borrowed money 596837
Agents bond reserve 63510
660347
Total income 5207948
Carried forward 5746147
1 isbursements
Net amount paid policyholders for losses 1917970
Commisions and allowances to agents 2348693
Salaries of officers and employes 362650
Rents and interest 106867
Advertising printing postage telegrams etc 117712
Other items
General home office 61198
Prizes to agents 1550
Agents bond reserve 4600526 Annual Report
Insurance department license and others oroo
Medical examinations 2 399 25
5093817
Total disbursements j
S 652330
Balance
Ledger Assets
300000
Bonds at book valueT qqq q0
Cash in ofice 140 95
Deposits not at interest
Other items 451 gg
Furniture and fixtures
Total ledger assets as per balance No 23 652330
NonLedger Assets
Interest due and accrued
Other items
Weekly dues due and unpaid SaSio
Less coll 70M
212138
m S68S95
Total assets
Deduct Assets Not Admitted
Furniture and fixtures 45199
45199
Furniture and fixtures J
451 99
Total not admitted assets
x S23696
Total admitted assets
Liabilities
Salaries and miscellaneous accounts due or accrued s
Taxes due or accrued
Other items nsc 4R
Borrowed money S497
Agents bond reserve q7c
Net assest on insurance in force 726020
Total amount of liabilities except capital 7o7s6
Surplus over all liabilities
mi 823696
Total liabilities
Business in Force Life Insurance Companies
Industrial
m haia 5368700
In force December 31 1919 ii 724 fiK
Issued revived or increased during year mllSB
Deduct VeVseflloinforceauring year iloo
In force December 31st 1920 1566o000
Business in Georgia
Tn force December 31st 1919 i724B
Issued revived or increased 197411 65
Sum
Deduct ceased to be in force during the year tInn
In force December 31st 1920 ioivo
Net losses paid during year U 7970
Net losses incurred during year
Premiums in Force Miscellaneous Companies
In force December 31 1919 j
Written or renewed during year 2 262 35
SVITTl non re
Deduct ceased to be in force during year liLn
In force December 31st 1920 iIIIm
Net premiums in force Insurance Department of Georgia 527
Investments in Georgia
Furniture and fixtures 45199
Cash and amounts 319269
Total investments in Georgia 364468
LIFE AND HEALTH INSURANCE COMPANY OF AMERICA
505 Minis Street Savannah Ga
Isaac Goldberg President J J Hoover Secretary
Attorney for service in GeorgiaF P Mclntire Savannah Bank and Trust
Company Building Savannah Ga
Kinds of business done in GeorgiaIndustrial Life Insurance
Gross premiums on new business 373430
Gross premiums full benefit 3375
Cross renewal premiums 8699435
Deduct amount paid for insurance and return
premiums 14850
Total premiums 9061390
Total income 9061390
Carried forward 9061390
Disbursements
Net amount paid policyholders for losses 4159811
Legal and administrative expenses in adjustment of claims 500
Commissions and allowances to agents 4477774
Salaries of officers and employes 1651315
Rents and interest 140333
Advertising printing postage telegrams etc 154261
Other items
Organization expense 78385
Branch office expense 38282
Home office expense 44357
Traveling expense officers 22778
Auditing expense 12500
Taxes 61059
Total disbursements 10841355
Balance 1779965
Ledger Assets
Bonds at book value 500000
Cash in office 8969
Deposits at interest 4600
Other items
Office furniture and fixtures 59060
Total ledger assets as per balance No 23 580787
Total assets 580787
Deduct Assets Not Admitted
Agents balances 4600
Other items
Premiums due and unpaid 357600
Fremiums not yet due 2109100
Total not admitted assets 2471300
Total admitted assets 580787
Liabilities
Net amount of unpaid losses and claims 111575
Other items528
Annual Report
To officers account advances 28140
Investment accounts 2274529
Total amount of liabilities except capital 2414244
Total liabilities 2414244
Business in Force Life Insurance Companies
Industrial
Issued revived or increased during year 133343000
Deduct ceased to be in force during year 91361000
In force December 31st 1920 41982000
Total 133343000
Business in Georgia
In force December 31st 1919 None
Issued revived or increased 133343000
Deduct ceased to be in force during the year 91361000
In force December 31st 1920 41982000
Total i 133343000
Net losses paid during year 4159811
Net losses incurred during year 4271386
Investments in Georgia
Bonds 500000
Other items
Office furniture and fixtures 59060
Cash items 21727
Total investments in Georgia 580787
THE PEOPLES HEALTH AND LIFE INSURANCE COMPANY
455 Cotton Avenue Macon Ga
V Hubbard President F W J Disroon Secretary
Attorney for service in GeorgiaHon W A Wright Atlanta Ga
Kinds of business done in GeorgiaIndustrial
Ledger assets Dec 31 1919 533137
Extended at 533137
Income
Gross premiums on new business 57950
Gross renewal premiums 3751698
Deduct amount paid for insurance and return
premiums 2650
Total premiums 3806998
Interest and rents 23300
Other sources
Borrowed money 100000
Advanced by officers 124243
Agents bond reserve 15155
Advanced by district 3434
Taxes returned 25253
Miscellaneous 8375
276460
Total income 4106758
Carried forward 4639895
Disbursements
Net amount paid policyholders for losses 1812082
Commissions and allowances to agents 1712558
Salaries of officers and employes 218341
Hints and interest 5S326
Advertising printing postage telegrams etc 40046Insurance Department of Georgia
529
Other items
Traveling expenses
TaXPS lOloll
raxes h
Agents bond reserve 00090
Advanced in districts idti
Loans repaiddJSsa
Total disbursements
Balance
Ledger Assets
Bonds at book value
Deposits not at interest
Agents balances net
Total ledger assets as per balance ro 23
NonLedger Assets
Interest due and accrued
Other items
Premiums due and unpaid
Total assets 1
Deduct Assets Not Admitted
Agents balances net 44462
Total not admitted assets
Total admitted assets
Liabilities
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items Q1
Borrowed money ovrqo
Agents bond reserve i
Due districts
Reserve
Total amount of liabilities except capitalVoVI5
Surplus over all liabilities
Surplus protection to policyholders S
Total liabilities
Business in Force Life Insurance Companies
Tn force December 31 1920
265405
4106758
533137
453125
35370
44642
533147
8750
144172
69
44642
641427
6300
4850
411581
229846
641427
Industrial
8024000
THE PILGRIM HEALTH AND LITE INSURANCE COMPANY
1143 Gwinnett Street Augusta Ga
mini President T J Walker Secretary
CbaAorne frserTfcefnGeorgiaHon Wm A Wright Atlanta Ga
Kinds of business done in GeorgiaIndustrial
Amount of paidup capital io2m
Ledger assets Dec 81 192012316260
14816200
Extended at
Income
Gross premiums on new business
Gross renewal premiums Sdoaioaswmmtm
530
Annual Report
Deduct amount paid for insurance and return
premiums 48311
Total premiums 84332722
Interest and rents 623816
Other sources
Agents bond reserve 989716
Total income 85946254
Carried forward 100762514
Disbursements
Net amount paid policyholders for losses 45918819
Legal and administrative expenses in adjustment of claims 35745
Salaries of officers and employes 33335759
Rents and interest 540066
Advertising printing postage telegrams etc 1361992
Bond reserve 744981
Kepairs 106915
Exchange etc 93485
Other items
Traveling expenses 1404130
Branch office expense for 33 districts 2444679
General home office expense 112688
Other legal expenses 150000
Licenses and fees 825500
Interest on bonds 178214
5115211
Total disbursements S725973
Balance 13508341
Book value of real estate 22195 83
Mortgage loans first lien 71337
Bonds at book value 83 01195
Deposits at interest 6339 95
Deposits not at interest 21296 73
Cash in transit l50758
Total ledger assets as per balance No 23 13506541
NonLedger Assets
Interest due and accrued 1 01450
Other Items
Weekly dues due and unpaid 27 32974
Total assets 16340965
Total admitted assets 16340965
Liabilities
Bond reserve 21 527 16
Taxes due and accrued 164620
Other items
Total sick and accident claims S619 05
Insurance in force net solvent assetsI 6o639i45
Total of all liabilities except capital 92 430 S6
Unassigned funds surplus 2 45978 79
Capital actually paid in cash 25oooo0
Business in Georgia
In force December 31st 1916 2884 445 00
Issued revived or increased 2714808 00
UT r 5B9MB300
Deduct ceased to be in force during the year 1S66417 00Insurance Department of Georgia 531
In force December 31st 1917 373283600
Investments in Georgia
Real estate 2219583
Bonds 8301195
Mortgage loans 71337
Other items
Cash deposited on reserve 633995
Cash deposited on checking account 2129673
Total investments in Georgia 13355783532
Annual Report
ASSESSMENT COMPANIES
BABTOW COUNTY MUTUAL FIRE AND STORM INSURANCE COMPANY
Adairsville Ga
W M Dodd President A W Barber Secretary
Amount of paidup capitalNone
Ledger assets Dec 31 1919 43912
13912
Income
Gross premiums on new business 76324
Total premiums 76324
Other sources
Assessments 110026
Total income 230262
Carried forward 230262
Disbursements
Net amount paid policyholders for losses 137919
Commissions and allowances to agents 69060
Rents and interest 3600
Advertising printing postage telegrams etc 9620
Other items
State premium tax 2676
State department license 2500
Registration fee 50
5226
Total disbursements 2 25425
Balance 48 37
Ledger Assets
Cash in office 1930
Deposits not at interest 2907
Total ledger assets as per balance No 23 4837
NonLedger Assets
Balance due on assessments 6500
Total assets 11337
Total admitted assets 11337
Liabilities
State premium tax approximated 1863
State license fee 2500
4363
Total amount of liabilities except capital 4363
Surplus over all liabilities 69 74
Total liabilities 11337
Business in ForceFire Insurance Companies
In force on the 31st day of December 1919 I 14695 1 94524
Written or renewed during the year 152649 763I24
Total 597324 27848Insurance Department of Georgia 533
Deduct those expired and marked off as ter
minated 9410
In force at the end of the year 587914 270848
Net amount in force 587914 270848
TCntire business confined to Bartow County Ga
FARMERS COOPERATIVE INSURANCE ASSOCIATION OF FLOYD
COUNTY GEORGIA
Masonic Temple Rome Georgia
Jas S Berryhill President John P Davis Secretary
Kinds of business done in GeorgiaFire Wind and Lightning
Ledger assets December 31st 1919Cash in bank 661569
Extended at 661569
Income
Gross premiums on new business Zo
Assessments 252131
Total premiums 47oo2
Interest aMt
Other sources s1
Old assessments paid up to July 1st 1920
Total income 494014
Carried forward 1155583
Disbursements
Net amount paid policyholders for losses 302392
Commissions and allowances to agents
a First year I7rm
Salaries of officers and employes ilJS
Advertising printing postage telegrams etcauaoo
Total disbursements 464406
691177
Balance
Ledger Assets
4 149 44
Deposits at interest orncw
Deposits not at interest iliom
Total ledger assets as per balance No 23 691177
t 691177
Total assets 2
Total admitted assets 691177
Liabilities
Taxes due or accrued 2 12 per cent on receipts and 2500 license 14845
Surplus protection to policyholders 676332
Business in ForceFire Insurance Companies
Risks Wind Premiums
Lightning
In force on the 31st day of December 1919 624033 00
Renewed by assessment mllsoo 227696
Written during the year 18215800 JibBt
Totai ilM
Deduct those expired and marked off as terminated
18962 cancelled 119865 assessments not yet paid 13882700
Tn force at the end of the year 51606200
Net amount in force 51606200
534 Annual Report
Business in the State of Georgia During 1920
Gross risks written ikSsloO
Net risks written j 18215800
Gross premiums on risks written i 2 276 96
Net premiums received
By assessment iio
By new insurance I 227696
Total 474108
Loss paid deducting salvage 3To2392
Net losses paid t 3 023 92
Losses incurred i 3 Q23 92
Net losses incurred 3 q23 92
FARMERS FIRE INSURANCE COMPANY
Watkinsville Georgia
T J Haygood President R Si Nicholson Serretarv
Attorney for service in GeorgiaR M Nicholsonrwatkinsvme Ga y
Kinds of business done in GeorgiaFire Insurance
FARMERS MUTUAL FIRE INSURANCE COMPANY OF GEORGIA
TT A t t Dawson Georgia
FeJnorrreTZervice in GeorgiaW H GurrsoGa86016
Kinds of business done in GeorgiaAssessment Mre andltorm Insurance
Ledger assets December 31st 1919
Extended at
379944
Gross premiums on new business
Gross annual dues
Income
203000
251700
Total premiums
Other sources
Assessments to pay losses
Total income
Disbursements
Net amount paid policyholders for losses
iegal and administrative expenses in adjustment of claims
Commissions and allowances to agents claims
a First year
Salaries of officers and employes
Advertising printing postage telegrams etc Z
Other items
Tax
Total disbursements
Balance
Ledger Assets
23
Deposits not at interest
Total ledger assets as per balance No
Liabilities
Net amount of unpaid losses and claims
Surplus over all liabilities
592550
Surplus protection to policyholders
Total liabilities
379944
4 54700
14SS900
f32264l
1425000
13200
194300
65800
22400
9394
1730094
592550
592550
592550
63000
592550
592550Insurance Department of Georgia 535
Business in Force Fire Insurance Companies
Risks Premiums
in force on the 31st day of December 1919 202200000 251700
Written or renewed during the year 71800000 2U3UUU
Total 274000000 454700
Deduct those expired and marked off as terminated 5000000
In force at the end of the year 269000000
Net amount in force 269900000
FARMERS MUTUAL INSURANCE ASSOCIATION1
LaFayette Ga
L H Dyer President W T Long Secretary
Kinds of business done in GeorgiaInsurance
Income
Gross premiums on new business and gross re
newal premiums 369539
Other sources
Bal Dec 31 1919 75667
Carried forward
Disbursements
Net amount paid policyholders for losses
2703
8365
1350
Other items
Expenses
Taxes
Printing
Total disbursements
Balance
Ledger Assets
Deposits at interestr
Total ledger assets as per balance No 23
NonLedger Assets
Total assets
Liabilities
Salaries and miscellaneous accounts due or accrued
Surplus over all liabilities 158818
Total liabilities
Business in Force Fire Insurance Companies
Gross
Fire Risks
Written or renewed during year 65000000
Business in the State of Georgia During 1920
Xet premiums received
445206
263960
12718
276378
168828
168818
168818
168818
10000
168818
Premiums
Thereon
369539
369539
Net losses paid
Net losses incurred
263960
263960536 Annual Report
FARMERS PROTECTIVE FIRE INSURANCE COMPANY OF GEORGIA
t xt Lithonia Georgia
J N Philips President A H plake secretary
v Attorney for service in GeorgiaL B Norton Lithonia Ga
iiinds of business done in GeorgiaAssessment Fire Insurance Mutual Annual
Assessment
Ledger assets December 31st 1919 737225
Extended at 737225
Income
Gross renewal premiums 781543
Total premiums
Interest and rents I l
Other sources wii
Discrepancy in vouchers issued and checks i83
Total income Z g 251 97
Carried forward rJ 1562422
Disbursements
Net amount paid policyholders for losses 1 s7n nn
Commissions and allowances to agents 5Im
Salaries of officers and employes qqinn
Rents and interest
Advertising printing postage telegrams etc ofinS
Other items Jiauz
Lfcenie
Return check bank failure gg
15617
Total disbursements 4 g34 82
Balance Jj 1078940
Ledger Assets
Bonds at book value K nfm n
Deposits at interest IZ 578940
Total ledger assets as per balance No 23 j 10 7g9 40
NonLedger Assets
Interest due and accrued g 12q 80
Total assets g 1091920
Total admitted assets g 10 919 20
Business in Force Fire Insurance Companies
In force on the 31st day of December 1919 R985S715 Premiums
Written or renewed during the year 1733252 78143
Total 1733252 781543
In force at the end of the yearg 1733252
Net amount in forceg 1733252
Business in the State of Georgia During 19E0
Companies authorized in Georgia 1 733 21 00
Net risks written g 173325200
Gross premiums on risks written 7T81F43
Net premiums received g 7 g15 43
Losses paid deducting salvage g 187000
Net losses paid g j g7o qqInsurance Department of Georgia
537
Losses incurred 1870001
Net losses incurred 187000
GEORGIA FARMERS FIRE INSURANCE COMPANY
16 12 South Bradford Gainesville Ga
Jesse L Thompson President T Lumpkn Adderholdt Secretary
Attorney for service in GeorgiaT Lumpkin Adderholdt Gainesville Ga
Kinds of business done in GeorgiaWriting Fire Insurance on Country
Property
Income
Gross matriculation fees on new business 539274
Gross assessments 1244811
Deduct amount paid for insurance and return pre
miums 17628
Total premiums
Other sources
Borrowed money
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Other items
Borrowed money 24980
Premiums on SectyTreas bond 1500
Auditors fee oo8
Office furniture and fixtures 12
Expense of general managers 7300
State taxes 4680
Total disbursements
Balance
Ledger Assets
1766457
24980
1791437
1791437
549725
7920
266747
292520
173
116807
63028
1296950
494487
494487
Deposits not at interest
Total ledger assets as per balance No 23 494487
Total assets 494487
Total admitted assets 494487
Liabilities
Net amount of unpaid losses and claims 160000
Total amount of liabilities except capital
Surplus over all liabilities s6xt
Surplus protection to policyholders
Total liabilities L60000
Business in Force Fire Insurance Companies
Matriculation
Fees Assess
Risks ments
In force on the 2nd day of Januaryy 1920 210961200
Written or renewed during the year 317966000
160000
334487
1784085
Tota 317966000
Deduct those expired and marked off as terminated 12925000
Less amount suspended for nonpayment of assess
1784085538 Annual Report
ment 20000000
Net amount in force 285041000
Business in the State of Georgia During 1920
A Fire
Gross risks written 317966000
Less 129250 risks cancelled and 200000 suspended 32925000
Net risks written 285041000
Gross premiums on risks written 1784085
Less 17628 return mat fees and assessments 17628
Net premiums received 1766457
Losses paid deducting salvage 549725
Net losses paid 549725
Losses incurred 709725
Net losses incurred 709725
GORDON COUNTY MUTUAL FIRE AND STORM INSURANCE COMPANY
Calhoun Ga
L P Henley President P L Hinck Secretary
Attorney for service in GeorgiaH A Cantrell Calhoun Ga
Kinds of business in GeorgiaAssessment Insurance
Business in Force Fire Insurance Companies
Risks Premiums
In force on the 31st day of December 192C 775 1000
Written or renewed during the year 49 67500
Total 1 824 68500
Deduct those expired and marked off as termi
nated 2150000
In force at the end of the year 803 18500
Net amount in force 803 18500
Business in the State of Georgia During 1919
A Fire
Gross risks written 4967500
Net risks written 4967500
Gross premiums on risks written 43941
Net premiums received 43941
Net losses paid 129492
Losses incurred 129492
Net losses incurred 129492
GUARANTEE FUND LIFE ASSOCIATION
870 Brandeis Theatre Building Omaha Nebraska
1 C Buffington President 1 W Hughes Secretary
Attorney for service in GeorgiaInsurance Commissioner
Kinds of business done in GeorgiaLife Insurance Assessment Plan
Ledger assets Dec 31 1919 337352299
Extended at 337552299Insurance Department of Georgia
539
Income
Gross premiums on new business 59266575
Gross renewal premiums 155421144
Deduct amount paid for insurance and return
premiums 2607512
Total premiums 212080207
Interest and rents 18887417
Other sources
Bonus received on new loans 935025
Total income 231902649
Carried forward 569454948
Disbursements
Net amount paid policyholders for losses 63295734
Legal and administrative expenses in adjustment of claims 74055
Commissions and allowances to agents
a First year 52156639
b Renewal 5896248
58052887
Salaries of officers and employes 12843700
Rents includes 15 branches 1969548
Advertising printing postage telegrams etc 6411388
Salaries and fees paid to medical examiners 6667850
Traveling expenses 703108
Other sources
Investigating risks and claims 1785097
Collection fees 740134
Department fees 449129
Taxes 139131
War tax insurance issue 2725440
Taxes on premiums 2761979
Real estate taxes 96502
Repairs and expense on real estate 138051
Organization of new territory 1000000
Interest on installment claims 9314
Reinsurance premiums 2178743
Double indemnity premiums 2032815
12271238
Total disbursements 164074605
Balance 405380343
Add memo susp fund adv prem 734990
Total 406115333
Ledger Assets
Book value of real estate 11035050
Mortgage loans first lien 293061000
Bonds at book value 73230000
Cash in office 31766
Deposits at interest 20839381
Deposits not at interest 186037
Agents balances net 5364179
Other items
ills receivable 2367920
Total ledger assets as per balance No 23 406115333
NonLedger Assets
Interest due and accrued 8131977
Total assets 414247310
Deduct Assets Not Admitted
Agents balances 5619127540
Annual Report
Bills receivable 2367920
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued estimated
Taxes due or accrued estimated
Other items
Advance premiums
Reserve value yearly renewable term American Experience
interest 3 12 per cent
Contingent liability unreleased guarantee deposit
Total amount of liabilities except capital i
Surplus protection to policyholders 2
Total liabilities 4
Premiums in Force Miscellaneous Companies
In force December 31 1919 I 112
Issued revived or increased during vear 36
Sum 14S
Deduct ceased to be in force during year n
In force December 31st 1920 i 7
Total u
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the vear
In force December 31st 1920
Total
7987047
406260263
42330679
1500000
3000000
734990
76442247
5945107
29953023
76307240
406260263
Ordinarv
69400000
18050000
87450000
80300000
07150000
87450000
6130000
2800000
8950000
1100000
7850000
8950000
MASONIC MUTUAL ACCIDENT COMPANY
C W Young President
145 State St Springfield Mass
S W Munsell Secretary
Attorney for service in GeorgiaHarry M Turnev Atlant
t Kinds of business done in GeorgiaCasualty Insurance
Ledger assets Dec 31 1919 10838358
Extended at
Income
Gross renewal premiums
Deduct amount paid for insurance andreturn pre
m 1 1 I TV C
49077549
200391
Total premiums
Interest and rents ZZ
Other sources
Refund prem Kansas bond
Policy fees represented bv applications
Agents balances
25000
7181250
289214
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adustment of claims
Commissions and allowances to agents
Salaries of officers and emploves
Rents and interest
Advertising printing postage telegrams etc I
Furniture and fixtures
Traveling expenses
Miscellaneous expenses I
1083835
48877158
504356
7495464
56876978
67715336
24625868
105810
17194260
4554364
524261
1667797
138759
79500
206495Insurance Department of Georgia
541
Other items
State taxes an premiums
Insurance department fees
Federal taxes
Atlanta Georgia city tax
Araknsas franchise tax
Taxes on investment
Agents balances
Agents balances charged off
Total disbursements
Balance
Ledger Assets
Bonds at book value
Cash in office
Deposits at interest
Agents balances net
Other items
Certificate of deposit
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Premiums collected not turned over to Company
Premiums due and unpaid
Furniture and fixtures
Suppliesl
Total assets
Deduct Assets Not Admitted

Agents balances
Other items
Furniture and fixtures
Supplies on hand
Book value of bonds over market value
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims rr
Reserves or unearned premiums on nss outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Commissions to agents
Advance premiums
Agents balances
Total amount of liabilities except capital
Surplus over all liabilities
Surplus protection to policyholders
Total liabilities
Total Business
Policies or certificates in force December 31st 1919
Policies written during the calendar year 1920
472406
127210
119832
18422
10000
11661
201479
37835
54250
456000
450000
80000
112170
450000
80000
615771
13244
2383250
289214
6040310
Pol
Total
s fermfnarinl yTSSSTSirZ
Total policies or certificates in force December 31st 1920
Losses and claims unpaid December 31st 1919498
998845
50095989
17619347
9919571
316600
6761006
112170
500000
17619347
105371
1040250
1876491
1257941
17507027
2750767
5358188
58120
613934
2685708
11466717
6040310
17507027
29588
16145
45733
7922
375
37436
3282520542 Annual Report
Losses and claims incurred during the calendar year 19206243 21343348
Total6741 iiIs
Losses and claims paid during the year6138 24625868
Georgia Business
Policies or certificates in force December 31st 1919 1 729
Policies written during the calendar year 971
Total 2 700
Policies lapsed during the year 846
Total policies or certificates in force December 31st 1920 1854
Losses and claims unpaid December 31st 191937 2 274ii
Losses and claims incurred during the calendar year420 1332098
Total457 1559582
Losses and claims paid during the year431 15 595 82
Premiums collected during the year 2861407
NATIONAL LIFE ASSOCIATION
Jackson Ga
W A Newton President S B Kenard Secretary
Attorney for service in GeorgiaH M Fletcher Jackson Ga
Kinds of business done in GeorgiaAssessment Fire Insurance
Lerger assets Dee 31 1920 11741
Income
Gross premiums on new business 970847
Total premiums 970847
Other sources
Assessments of fire losses 1799212
Totfal income 2770039
Disbursements
Net amount paid policyholders for losses 1799212
Commissions and allowances to agents 856649
Salaries of officers and employes 810 00
Postage 2L80
Advertising printing postage telegrams etc 10975
State tax 309 54
State insurance department 25oo
Secretary of State J 5q
Total disbursements 27 835 20
Balance m41
Ledger Assets
Deposits at interest 117 41
Total ledger assets as per balance No 23 1T7T4T
NATIONAL LIFE ASSOCIATION
Des Moines Iowa
James P Hewitt President A W Layman Secretary
Attorney tor service in GeorgiaInsurance Commissioner Atlanta Ga
Kinds of business done in GeorgiaLife Insurance
Amount of paidup capitalMutual
Ledger assets Dec 31 1919 106294438
Extended at 106294438Insurance Department of Georgia
543
Income
Gross premiums on new business fj
Gross renewal premiums initvtov
Gros
Deduct amount paid for insurance
premiums
and return
6231823
Total premiums
Interest and rents
Other sources
Advanced premiums
Change of beneficiary fees
Duplicate policy fees
Items not deducteddeath claim settlements
Agents balances
510668
21250
2750
935
191904
Total income
Carried forward
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
a First year i
b Renewal
31459181
1453559
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
laid policyholders for dividends
Other items
Advance premiums
Salaries and fees medical examiners
Traveling and other expenses managers and agents
Collection fees
Insurance department fees and licenses
Suspense items refunded
Furniture and fixtures
Construction work new home office1
Refund premium to beneficiary
Sundries
Inspection service
Branch office expense
536866
4047600
443086
332583
288013
27611
2987588
497565
1324709
1540
499196
1392622
814356
Total disbursements
Balance
Ledger Assets
114302089
5685455
727507
120715051
227009489
49907500
123192
32912740
9352920
633266
3285276
13113635
109328529
117680960
92799000
11257600
12546558
1077802
Mortgage loans first lien
Bonds at book value
Deposits at interest
Agents balances net
Total ledger assets as per balance No 23 117680960
NonLedger Assets
S 2538253
Interest due and accrued
emiuSson assessments not yet turned over to association isr0825
Mortuary assessments due and unpaid on last call made with
in sixty days for which notices have been issued
15503112 1
Total assets
Agents balances
137573062
Deduct Assets Not Admitted
1113106
544 Annual Report
Other items
Excess of mortuary assessments due and un
paid over corresponding liability for unpaid
claims 9993024
Total not admitted assets Ill 061 30
Total admitted assets J 1 264 669 32
Liabilities
Net amount of unpaid losses and claims 63 300 00
Salaries and miscellaneous accounts due or accrued 4474 25
Taxes due or accrued estimated 11500 00
Other items
Suspense items 29678
Advance premiums 4 340 87
Value of outstanding benefit certificates ascertained as pro
vided for by Chapter 83 Acts of the Thirtysecond General
Assembly of Iowa actuaries combined experience table
of mortality and four per cent interest 48042817
48206582
Total amount of liabilities except capital h n
Capital actually paid in cashMutual
Surplus protection to policyholders S45 390
Total liabilities t
13 to 3062
Premiums in Force Miscellaneous Companies
In force December 31 1919 5S rdI7
Issued revived or increased during year I 27696oOO 00
neducVceasidtobeinforcedurrniyiariI 1 fiqnnTnn
In force December 31st 1920LY 7382500
Investments in Georgia
Tn force December 31st 1919 154 qqo qq
Issued revived or increased 61 500 00
Sum 215 500 0
Deduct ceased to be in force during the vear llooO 00
In fovf December 31st 1920 00 01
SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY
Broad Street Thomasville Ga
C L Healde President Robt Alexander Secretary
Aorney for service in GeorgiaE L Neel Thomasville Ga
Kinds of business done in GeorgiaFarmers Mutual Fire Insurance
Income
Gross premiums on new business 397 s0
Other sources
Quarterly assessments for losses and expense 7 04 63
Balance on hand lOooO
Total incomeT 770243
Disbursements
Net amount paid policyholders for losses 5 41 00
Commissions and allowances to agents and so
licitors 59 gg
Salaries of officers and employes 1 9nnnn
Rents and interest 4800
Advertising printing postage telegrams etc ifiVo
Other items 4bu
Premium tax oc
rcense 2500Insurance Department of Georgia
545
Office expenses
Jncorporators dividend
Bond
600
8000
1000
Total disbursements
Bank balance
74iS43
24400
Balance
Business in Force Fire Insurance Companies
770243
Risks Premiums
In force on the 31st day of December 1919 455410
Written or renewed during the year 79985 39780
Total 535395
Deduct those expired and marked off as ter
minated 32084
In force at the end of the year
503311
Net amount in force 503311
Business in the State of Georgia During 1920
Gross risks written
Less 32084 risks cancelled
A Fire
7998500
3208400
Net risks written
Gross premiums on risks written
Losses paid deducting salvage
Net losses paid
4790100
39780
541200
541200
Losses incurred 541200
Net losses incurred 541200
SOUTHEASTERN MUTUAL FIRE INSURANCE COMPANY
703 Austell Building Atlanta Ga
L A Trowbridge President Geo A Morris Secretary
Kinds of business done in GeorgiaIndustrial Fire Insurance
Amount of paidup capital Local Assessment and FourCounty Fire
Sum of balance of previous year 125537
Extended at 125537
Income
Gross premiums on new business 2036968
Deduct amount paid for insurance and return
premiums 7010
Total premiums 2029958
Total income 2029958
Carried forward 2155495
Disbursements
Net amount paid policyholders for losses 649451
Legal and administrative expenses in adjustment of claims 12081
Commissions and allowances to agents 313467
Salaries of officers and employes 859766
Rents and interest 54000
Other Items
State premium tax 22042
Insurance department 2500
Municipal 7500546 Annual Report
Federal tax 38
Typewriter zj
Secretary of State
Traveling expense locn
Towel supply
Publishing statement fo
Miscellaneous 4zo 517 9g
Total disbursements s2000420
Balance
Ledger Assets
Deposits not at interest 50i5
Total ledger assets as per balance No 23 155075
NonLedger Assets
Premiums due and unpaid on insurance in force Itnto
Supplies on hand cnnnn
Office equipment
Total assets 294443
Deduct Assets Not Admitted
Premiums due and unpaid on insurance in force 64368
Supplies on hand nnnn
Office equipment 000ou
Total not admitted assets 3 139368
Total admitted assets lo5075
Liabilities
Estimated federal state and other taxes based upon the busi
ness of the year of this tatement 42o00
Surplus over all liabilities 112575
Surplus protection to policyholders112575
Total liabilities 155075
Business in Force Fire Insurance Companies
Risks Premiums
In force on the 31st day of December 1919 418350 41835
Written or renewed during the year 1032580 103258
Total 1450930 145093
Deduct those expired and marked ofif as ter
minated 07250 30725
In force at the end of the year 643680 64368Insurance Department of Georgia
547
FRATERNAL SOCIETIES
AMERICAN INSURANCE UNION
44 West Broad Street Columbus Cffiio
Balance from previous year
a Mortuary funds q7 990
b Reserve funds 64S 79988
c Disability funds 2 S Q
d Temple funds osqifiQ
e Expense fundsZZZZZI1 6998933
t Other funds viz Junior benefit fund 1268867
g Total 84927516
Income
Membership fees actually received
a Expense funds 2690887
c Total 2690887
Assessments or premiums during first twelve months
ot which all or an extra percentage is used for
expenses
a Expense funds 25181953
d Total 25181953
All other assessments and premiums
a Mortuary funds e 1097191191
b Reserve funds wliiAl
c Disability funds W442 7fi
d Expense funds I IZ 33321007
e Other funds viz Junior benefit funds IZZZ1Z 1420323
g Total 173475080
Other payments by members
Dues and per capita tax expense 1 105 97
Changed certificate fees expense l74833
Fraternal and patriotic war contributions
mortuary 33 2r
Reinstatement fees expense funds L 11330
Totals 300086
Total received from members
a Mortuary funds 122715347
b Reserve funds 104 774 53
c Disability funds 55 442 76
d Expense funds 614 906 07
e Other funds viz Junior benefit funds 1420323
g Total 201648006
Deduct payments returned
Mortuary funds 123856
Reserve funds 13287
Disability funds 221 58
Junior benefit funds 3664
Expense funds 110076
Total 273041
Net amount received from members
a Mortuary funds 122591491
b Reserve funds 10464166
c Disability funds 5522118
d Expense funds 61380531548
Annual Report
f Other funds viz Junior benefit funds 1416659
g Total 201374965
Interest and rents received
Mortuary funds 4369450
Temple funds 533646
Total 4903096
Profits on sale or increase by adjustment of assets
Reserve funds 1103200
Total 1103200
All other income
Merger receipts expense 2628
Sale of lodge supplies expense 413099
Borrowed money mortuary 5000000
Representatives payments returned expense 18972
Miscellaneous expense 58397
Reserve 2090
Claim checks cancelled from 1919 mortuary 46250
Disability funds 6000
Total 5547436
Grand total income
a Mortuary funds 127637741
b Reserve fudns 15938906
c Disability funds 5528118
d Temple funds 533646
e Expense funds 61873627
f Other funds viz Junior benefit funds 1416659
g Total income all funds 212928697
Amounts carried forward
a Mortuary funds 137371073
b Reserve funds 80818894
c Disability funds 7863977
d Temple funds 244183
e Expense funds 68872560
f Cther funds viz Junior benefit funds 2685526
g Total amount carried forward 297856213
Disbursements
Net amount paid for losses
a Mortuary funds 115146626
b Reserve funds 3794581
c Disability funds 6264073
d Other funds viz Junior benefit funds 286125
g Total 125491405
Legal and administrative expenses in adjustment of claims
Expends funds 439544
Commissions and allowances to deputies and organizers
a Expense funds 31163828
Salaries of officers and employees
a Expense funds 14131042
Itents and interest
e Expense funds 549000
Advertising printing postage telegrams etc
a Expense funds 4849781
Loss on sale or decrease by adjustment of assets
Reserve Funds 9424
Other disbursements
Salaries and fees paid to subordinate medical examiners travel
ing and other expenses of officers and committees for collec
tion and remittance of assessments and dues insurance de
partment fees lodge supplies official publication expense of
national court meeting furniture and fixtures taxes repairs
and other expenses on real estate impairment and inspection
service office supplies and sundries branch office expenses
fraternal associations actuarial services bonds of officers
office employes and representatives premiums of members at
war borrowed money repaid interest on borrowed money
Temple funds 672620
Expense funds 16551412
Mortuary funds 13006777Insurance Department of Georgia
549
Reserve funds 1239622
Total 31470431
Total disbursements
a Mortuary funds 128153403
b Reserve funds 5043627
c Disability funds 62 64073
d Temple funds 6J2620
e Expense funds 67684602
f Other funds viz Junior benefit fund 286125
g Grand total disbursements 208104450
Balance before transfers
a Mortuary funds 9217670
b Reserve funds 75775367
c Disability funds 1599904
d Temple funds 428437
e Expense funds 1187958
Junior benefit funds 2399401
Balance 89751763
Summary of Transfers
December 31 1920 from guarantee fund to temple fund 428437
Ledger Assets
Book value of real estate 34532313
Mortgage loans first liens 29149999 29149999
Bonds at book value 21971660
Deposits at interest per schedule N 1302804
Deposits not at interest 1681150
Other items
Loans to certificate holders 18300
Loans secured bv pledge bonds stocks or other
collateral 1095537
1113837
Total ledger assets as per balance No 25 897517 63
NonLedger Assets
Interest due and accrued 849698
Other items
Assessments actually collected by subordinate lodg
es not yet turned over to Supreme Lodge 18762191
Due from subordinate chapters for supplies 127532
18889723
Total assets 1094911 84
Deduct Assets Not Admitted
Other items
Book value of bonds and stocks over market value 1736260
Total not admitted assets 1736260
Total admitted assets 107754924
Liabilities
Net amount of unpaid losses and claims 20404363
Salaries and miscellaneous accounts due or accrued 3671673
Taxes due or accrued 439778
Other items
Advance assessments 660238
Interest on mortgages paid in advance 10072
Amount due superintendent of insurance State of
New York as liauidator of the Catholic Mutual
Benefit Association and Catholic Relief and Ben
eficiary Association through December 1920 as
sessments Paid in full January and February
1920 4271725
1SZU 4281797
Total liabilities 29457849
Business in Force
In force December 31st 1919 9643664937
Issued revived or increased during year ifcJIJnJS
urn looi0oUD37
Deduct ceased to be in force durinK yeyar 213705173550
Annual Report
In force December 31st 1920 11483755901
Total 11483755901
Business in Georgia
In force December 31st 1919 5335000
Issued revived or increased 200000
Sum 5IlR22
Deduct ceased to be in force during the year lOCOOOO
Inl force December 31st 1920 f725S2S
Total 4735000
AMERICAN WOODMEN
1622 Arapahoe Denver Colorado
C M White President L H Ligthner Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary funds 38590773
e Expense funds 340054
o Total 38930827
Income
Membership entrance fees actually received
a Expense funds X 542 80
All other assessments and premiums
a Mortuary funds 312 790 15
Other payments by members
Dues and per capita tax expense fund 147 25382
Total received from members
a Mortuary funds 31279015
d Annuity funds 14879662
g Total 46158677
Deduct payments returned
Mortuary funds 99158
Net amount received from members
a Mortuary funds 31179857
e Expense funds 14879662
g Total 46059519
Interest
Mortuary fund 2679419
All other income
Mortuary fund 10000
Expense fund 1393785
Total 1403785
Grand total income
a Mortuary funds 33869276
e Expense funds 16273447
S Total income all funds 50142723
Amounts carried forward
a Mortuary funds 72460049
e Expense funds 16113501
g Total amount carried forward 89073550
Disbursements
Net amount paid for losses
a Mortuary funds 12324769
Legal and administrative expenses in adjustment of claims
Expense fund 33820
Commissions and allowances to deputies and organizers
Expense funds 7564982
Salaries of officers and employees
a Expense funds 2546482
Rents and interest
e Expense funds 939082
Advertising printing postage telegrams etc
a Expense funds 1397535
Other disbursements
Expense fund 4106321
a Mortuary funds 12324769Insurance Department of Georgia
551
e Expense funds 16588222
Total disbursements
g Grand total disbursements 28912991
Balance before transfers 60160559
Ledger Assets
Mortgage loans first liens 543982 87
Bonds at book value 3585000
Cash in office 6570 53
Deposits at interest per schedule N 718846
Deposits not at interest 773383
Other items
Bills receivable 27990
Total ledger assets as per balance No 23 60160559
NonLedger Assets
Interest due and accrued 659078
Assesments actually collected by subordinata lodges not yet
turned over to supreme lodgie estimated 3000000
Furniture and fixtures 400000
Stock and Supplies 100000
Accounts receivable 363589
Total assets 6483226
Deduct Assets Not Admitted
Bills receivable 27990
Other items
Furniture and fixtures 400000
Stock and supplies 100000
Accounts receivable 363589
Total not admitted assets 891579
Total admitted assets 63791647
Liabilities
Net amount of unpaid losses and claims 1372018
TJther items
Open accounts 295931
Total liabilities 1667949
Business in Force
In force December 31st 1919 2025165000
Issued revived or increased during year 1578675000
Sum 3603840000
Deduct ceased to be in force during year 924170000
In force December 31 1920 2679670000
Business in Georgia
In force December 31st 1919 15275500
Issued revived or increased 116925000
Sum 269680000
Deduct ceased to be in force during the year 99545000
In force December 31 1920 170135000
Net losses paid during year 1334000
Net losses incurred during year 1448000
THE AMERICAN WORKMEN
620 F Street N W Washington
John B Harrell President Rudolph T Harrell Secretary
Attorney for service in GeorgiaWilliam A Wrlgrht Insurance Commissioner
Atlanta Ga
Balance from previous year
a Benefit funds 6922947
a Annuity funds 1943461
g Total 8866412552 Annual Report Income Membership fees actually received a Expense funds b Other funds viz 1164300 873225 2037525 7948785 6689946 16676256 16676256 16597334 16597334 551808


Assessments or premiums during first twelve months of which all or an extra percentage 5966405 1982380



All other assessments and premiums a Benefit funds 4000012 2689934

g Total
Other payment by members 16676256

Total received from members t 5982392 8656339 2037525

f Other funds viz

g Total Deduct payments returned name funds 78922

Total Net amount received from members 5982392 8577417 2037525
e Expense funds f Other funds viz Membership fees including M D fees
g Total Interest and rents received name funds Expense fund 75120 476688

Total
Grand total income
a Benefit funds 6459080
e Expense funds T 8652537
f Other funds viz
Membership fees including M D fees 2037525
KTotal income all funds 17149142
Amounts carried forward
a Benefit funds 13382027
e Expense funds 10596002
f Other funds viz
Membership fees including M D fees 2037525
g Total amount carried forward 26015554
Disbursements
Net amount paid for losses
B Benefit funds 2927828
g Total 2927828
Lesal and administrative expenses in adjustment of claims
Total 17440
Commissions and allowances to deputies and organizers
a Expense funds 3316362Insurance Department of Georgia 553
b Other funds viz
Membership fees 1164300
Medical examiners fees 873225
Total 5353887
Salaries of officers and employees
a Expense funds 2480039
Total 2480039
Rents and interest
Total 33400
Advertising printing postage telegTams etc 905839
Other disbursements
Policy loans lapsed charged off 62121
See statement numbers 19 21 25 26 30 33 637291
t
Total 12411845
Total disbursements
a Benefit funds 2927828
e Expense funds 7446492
f Other funds viz
Membership fees including M D fees 2037525
r Grand total disbursements 12411845
Balance 13603709
Ledger Assets
Book value of real estate 553358
Mortgage loans first liens 25000
Bonds at book value 7445000
Cash in office 40000
Deposits at interest per schedule N 2847646
Deposits not at interest 2392181
Other items
Collateral loan 139000
Loans on members certificates 161524
300524
Total ledger assets as per balance No 25 13603709
NonLedger Assets
Interest accrued 43822
Other items
Furniture and fixtures 219201
Lodge supplias 125000
Literature and off supplies 132500
476701
Total assets 14124232
Deduct Assets Not Admitted
Other items
Furniture and fixtures 132500
Lodge supplies 219201
Literature and off sup 125000
Total not admitted assets 476701
Total admitted assets 13647531
Liabilities
Net amount of unpaid losses and claims 201941
Salaries and miscellaneous accounts due or accrued 96625
Taxes due or accrued 978
Total liabilities 299544
Business in Force
In force December 31st 1919 206235000
Issued revived or increased during year 204795000I h
554
Annual Report
Sum 411030000
Deduct ceased to be in force during year 131780000
In force December 31 1920 279250000
Business in Georgia
In force December 31st 1919 ASKliKnnft
Issued revived or increased 48545000
Sum 116405000
Deduct ceased to be in force during the year 35670000
In force December 31 1920 80Hftor
Net losses paid during year oqoj rq
Net losses incurred during year 89w469
BENEFIT ASSOCIATION OF RAILWAY EMPLOYEES
190 N State St Chicago 111
Robt A Leitz President G M Culver Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balances from previous year
b Reserve funds 713408
d Annuity funds 19340255
f Other funds viz 366120
g Total
Income
All other assessments and premiums
a Mortuary funds
c Disability funds
e Expense funds
a Total
Other payments by members
Dues and per capita tax
From reinsurance
Totals
Total received from members
b Reserve funds
d Annuity funds
f Other funds viz
g Total
All other income
Net interest on bonds
Net interest on deposits in banks
Total
Grand total income
a Mortuary funds
c Disability funds
e Expense funds
g Total income all funds
Amounts carried forward
a Mortuary funds
c Disability funds
e Expense funds
3233497
45877035
34143353
5554125
223477
3233497
45877035
39920955
g Total
Deduct payments returned
Mortuary 7832
Disability funds 519924
Expense funds 442677
Total
Net amount received from members
a Mortuary funds
c Disability funds
e Expense funds
3225665
45357111
39478278
554872
151240
3235665
46012264
39529237
3939073
65352519
39895357
20419783
83253885
5777602
89031487
89031487
970433
88061054
706112
88767166
Total amount carried forward 109186949Insurance Department of Georgia
555
Disbursements
Net amount paid for losses
a Mortuary funds 11 50000
c Disability funds 33329393
g Total 34479393
Total and administrative expenses in adjustment of
claims 163512
Total 163512
Commissions and allowances to deputies and organizers
a Expense funds 13396627
Total 13396627
Salaries of officers and employes
a Expense funds 7468214
Total 7468214
Rents and interest
e Expense funds 753020
Total 753020
Advertising printing postage telegrams etc
a Expense funds 1975611
Total 1975611
Other disbursements
Mortuary 3638
Expense 15555924
Total 15559562
Total disbursements
a Mortuary funds 1153638
c Disability funds 33329393
e Expense funds 39312908
g Grand total disbursements 7379593
Balance before transfers
a Mortuary funds 2785435
c Disability funds 32023126
e Expense funds 582449
Balance 35391010
Interest on bonds purchased by Mortuary Fund in excess of interest received
Ledger Assets
Bonds at book value 24752672
Cash in office 10000
Deposits at interest per schedule N 10545138
Other items
Deposits with State of Wisconsin W S Stamps 83200
Total ledger assets as per balance No 25 35391010
NonLedger Assets
Interest due and accrued 333173
Other items
Asessments actually collected by subordinate lodges and mem 6765000
Due from organizers and R R Cos 2943734
Total assets 45432917
Deduct Assets Not Admiited
Agents balances 2943734
Total not admitted assets 2943734
Total admitted assets 42489183
Liabilities
Net amount of unpaid losses and claims 3015996
Salaries and miscellaneous accounts due or accrued 574531
Total liabilities 3590527566
Annual Report
VALUATION EXHIBIT
AssetsActual and Contingent
Admitted assets less 3008449 funds not available for claims 39480734
Total 39480734
Amount of general or express fund 3008449
Amount of nonadmitted assets 2943734
LiabilitiesActual and Contingent
Present midyear value of promised benefits 2283256
On whole life certificates death only 120173400
On 20 pay life certificates death and disability 102901600
On total disabilityy benefits 5250600
Accrued liabilities 3015996
Net sick and accident fund 32646130
Total 37945382
Accrued claims on general or expense fund 912781
Assets item 8 to liabilities item 20 10400
Business in Force
In force December 31st 1919 185900000
Issued revived or increased during year 138250000
Sum 324150000
Deduct ceased to be in force during year 41400000
In force December 31 1920 282750000
Business in Georgia
In force December 31st 1919 Di999S
Issued revived or increased caJS9
SUm 9150000
Deduct ceased to be in force during the year 5700000
In force December 31 1920 6450000
THE SUPREME TRIBE OP BENHUB
Crawfordville Indiana
R H Gerard President John C Snyder Secretary
attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Georgia
Balance from previous year
a Mortuary funds oHoH
e Expense fundsJioii
g Total 205405095
Income
Assessments or premiums during first 12 months
of which all or an extra percentage is used for
expenses
a Expense funds SHnlia
b Mortuary funds rfsiOoao
d Total 19352766
All other assessments and premiums
a Mortuary funds 133603216
e Expense funds 20202040
Ttal 153805256
Other payments by members
Dues and per capita tax expense fund 56774
Medical examiners fees expense fund 700
Certificate fees expense fund 108200
Totals 165674
Total received from members
a Mortuary funds 137473769
e Expense funds 35849927
s Total 173323696Insurance Department of Georgia 557
Deduct payment returned
Mortuary 203663
Total j 203663
Net amount received from members
a Mortuary funds 137270106
e Expense funds 35849927
S Total 173120033
Interest and rents received
Mortuary 12158347
Expense 5T8 51
Total 1 12216198
All other income
Sale of lodge supplies expense 474021
Surety Bonds 35000
Total 509021
Grand total income
a Mortuary funds 149428453
e Expense funds 36416799
g Total income all funds 185845252
Amounts carried forward
a Mortuary funds 351621031
e Expense funds 39629316
g Total amount carried forward 391250347
Disbursements
Xet amount paid for losses
a Mortuary funds 93856984
g Total 93856984
Legal and administrative expenses in adjustment of claims
Mortuary 734005
Expense 496509
Total 1230514
Commissions and allowances to deputies and organizers
a Expense funds 18247158
Total r 18247158
Salaries of officers and employees
a Expense funds 8803292
Total 8803292
Rents and interest
e Expense funds 803950
Total 803950
Advertising printing postage telegrams etc
a Expense funds 2948885
Total 2948885
Loss on sale or decrease by adjustment in assets
Mortuary 1409224
Total 1409224
Other disbursements
Mortuary 1993664
Expense 5976087
Total 7969761
Total disbursements
a Mortuary funds 97993877
e Expense funds 37275881558
Annual Report
g Grand total disbursements 135269758
Balance before transfers
a Mortuary funds5 253627154
e Expense funds 2353435
Balance 255980589
Ledger Assets
Book value of real estate 22731943
Mortgage loans first liens 99250H
Bonds at book value 207956775
Cash in office 25000
Deposits at interest per schedule N 15341871
Total ledger assets as per balance No 25 255980589
NonLedger Assets
Interest due and accrued 2920098
Market value of assets over book value 5314247
Other items
Assessments collected and not yet turned over 2314608
Total assets 266529542
Total admitted assets 266529542
Liabilities
Net amount of unpaid losses and claims 12318568
Salaries and miscellaneous accounts due or accrued 988135
Taxes due or accrued 263250
Other items
Advanced assessments 1011971
VALUATION EXHIBIT
AssetsActual and Contingent
Present midyear value of future net contributions 1754159202
On white life certs death only 780648695
On death and dis certs 533801406
On term certs 380666853
On income and dis certsr 59042248
Admitted assets less 2363435 funds not available for claims 264176107
Liens loans and interest thereon certificate valued according to
the prospective method 23433584
Total i 2041768893
Amount of general or express fund 2353435
LiabilitiesActual and Contingent
Present midyear value of promised benefits 2101663924
On whole life certs death only 974583706
On death and dis certs 664974980
On term certs 401428963
On income and dis certs 60676275
Accrued liabilities 12803288
Value of unpaid installments 790501
Total 2115257713
Accrued claims on general or expense fund 988135
Assets Item 8 to liabilities item 20 96526
Business in Force
In force December 31st 1919 S 7936579400
Issued revived or increased during year 1215324000
Sum 9151903400
Deduct ceased to be in force during year 1403980100
In force December 31 1920 7747923300
Business in Georgia
In force December 31st 1919 68092600
Issued revived or increased 39238600
Sum 107331200Insurance Department of Georgia
Deduct ceased to be in force during1 the year
In force December 31 1920
Net losses paid during year
Xet losses incurred during year
Investments in Georgia
Bonds 1200000
Total investments in Georgia
559
48409100
58922100
i47521
150000
1200000
CATHOLIC KNIGHTS OF AMERICA
211 N 7th St St Louis Mo
Dr Felix Gaudin President Henry Seimes Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance for previous year
a Mortuary funds 109014515
f Other funds viz 934635
g Total 109949150
Income
Assessments or premiums during first months of which all or an
extra percentage is used for expenses
a Expense funds 5 577 5j
c Other funds viz reseave c 7 94716
d Total 1364267
All other assessments and premiums
a Mortuary funds 41355234
g Total 41355234
Other payments by members
Expense 478 50
Total 47850
Total received for members
a Mortuary funds 41355234
b Reserve funds 7 947 16
d Annuity funds 3998384
g Total 46148334
Net amount received from members
a Mortuary funds 413552 34
b Reserve funds 794716
e Expense funds 3998384
g Total 46148334
Interest and rents received
Mortuary 5439260
Total 1 5439260
All other income 3600000
Expense 79583
Total 3600000
Grand total income
a Mortuary funds 50394494
b Reserve funds 794716
e Expense funds 4077967
Total income all funds 55267177
Amounts carried forward
a Mortuary funds 159409099
b Reserve funds 794716
e Expense funds 4777771
Organization 234831
g Total amount carried forward 165216329560
Annual Report
Net amount paid for losses
a Mortuary funds
Disbursements
52655967
g Total 52655967
Legal and administrative expenses in adjustment of claims
Expense 71075
Total
Commissions and allowances to deputies and organizers
Organization 737308
Total
Salaries of officers and employees
a Expense funds 961246
Organization 88450
Total
Rents and interest
a Mortuary funds 253880
e Expense funds 255460
Total
Advertising printing postage telegrams etc
a Expense funds
b Other funds viz organization
270997
107062
Total
Other disbursements
Organization
Expense
498432
849565
Total
Total disbursements
a Mortuary funds
e Expense funds
Organization
g Grand total disbursements
Balance before transfers
a Mortuary funds
b Reserve funds
e Expense funds
53638613
1431252
2408343
105770396
794716
2369428
71075
737308
1049696
509340
378059
1347997
57478208
Balance 107738119
Summary of Transfers
Nov 30 1920 from the surplus fund to the reserve fund
Dec 30 1920 from the surplus fund to the reserve fund
Feb 5 1920 from the general fund to the organization fund
May 5 1920 from the general fund to the organization fund
May 18 1920 from the general fund to the organization fund
Oct 27 1920 from the general fund to the organization fund
Dec 23 1920 from the general fund to the organization fund
Ledger Assets
Bonds at book value
Deposits at interest per schedule N
104416
7994
350000
350000
350000
350000
430700
104893640
2844479
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
Other items
Furniture and fixtures
Assessments
107738119
1618920
226500
1626107
Total assets 111209646
Deduct Assets Not Admitted
Other items
Book value of bonds over market value 5332990
Furniture and fixtures 226500
Total not admitted assets 5559490
Total admitted assets 105650156Insurance Department of Georgia
561
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued
Other items
Borrowed money 9 iSqk
Advance Acct 1795
Total liabilities
5672037
58150
7501795
13231982
THE COLUMBIAN CIRCLE
69 West Washington St Chicago Illinois
W C J Matthiesen President N J Hein Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Georgia
Balance from previous year
a Mortuary funds rXXinoo
b Reserve funds j J
e Expense funds lb108b9
g Total 57898830
Income
Membership fees actually received
a Expense funds SbObb
c Total 86055
Assessments or premiums during first months of
which all or an extra percentage is used for
expenses Too7n
b Mortuary funds 4z5u
c Other funds viz
Juvenile expenseozoa
d Total 5112513
All other assessments and premiums
a Mortuary funds
e Expense funds 51469t
f Other funds viz
Juvenile Mortuary49ui
g Total 51482239
Other payments by members
Dues and per capita tax expense funds XX
Medical examiners fees reed expense funds SSi
Change of ben cert fees reed expense funds 25575
Totals 3014044
Total received from members
a Mortuary funds 2 7en7
e Expense funds lisvtuti
f Other funds viz
Juvenile mortuary otcoi
Juvenile expenseamm
g Total 59M4851
Deduct payments returned
Mortuary linl
ExpenseLii
Total 29964
Net amount received from members
a Mortuary funds folor
e Expense funds izo56
f Other funds viz
Juvenile mortuary i
Juvenile expenseaiogz
g Total 59664887562 Annual Report
Interest and rents received
Mortuary 144686
Reserve 2450238
Expense 42059
Total 2636983
Profit on sale or increase by adjustment of assets
Reserve 1274255
Total 1274255
All other income
Mortuary 6196868
Expense 1835697
Juvenile mortuary 10030
Juvenile expense 6932
Total f SO49527
Grand total income
a Mortuary funds 53073125
b Reserve funds 11724493
e Expense funds 1 4tt3489
f Other funds viz
Juvenile mortuary 14931
Juvenile expense 39614
g Total income all funds 71625652
Amounts carried forward
a Mortuary funds 58441255
b Reserve funds 5464412 I
e Expense funds 16384358
f Other funds viz
Juvenile mortuary 14931
Juvenile expenses 39614
g Total amount carried forward 129524482
Disbursements
Net amount paid for losses
a Mortuary funds 58810551
g Total 58810551
Legal and administrative expenses in adjustment of claims
Mortuary 11393
Total 11393
Commissions and allowances to deputies and organizers
a Expense funds 3508236
b Other funds viz
Juvenile expense 21152
Total 3529388
Salaries of officers and employees
a Expense funds 38843S2
Total 3884382
Rents and interest
e Expense funds 385825
Total 385825
Advertising printing postage telegrams etc
a Expense funds 1304471
b Other funds viz Juvenile expense 44210
Total 1348681
Loss on sale or decrease by adjustment in assets
Reserve 376610
Total 376610
Other disbursements
Reserve 52562Insurance Department of Georgia
2824562
Expense
Total
Total disbursements 88 219 44
a Mortuary funds 9021 35
b Reserve funds iiq07476
e Expense funds 119U74rft
f Other funds viz g2
Juvenile expense
g Grand total disbursements
Balance before transfers 3 g06 89
a Mortuary funds deficit 537421 89
b Reserve funds 44768 82
e Expense funds 14g 31
Juvenile mortuary 257 48
Juvenile expense deficit

Balance
Summary of Transfers
July 31 1920 from the reserve fund to the mortuary fund
fec 1920 from the general fund to the juvenile mortuary
gee 31 1920 from the feneral fund to the Juvenile expense funC
Ledger Assets
c
Book value of real estate
Mortgage loans first lien
Bonds at book value
Cash in officeWr3
Deposits at interest per schedule N
0Bfnsltreivable from Sons Daughters of ftZM
Justice JJTZ 400 00
Contingent fund Topeka Kans otfice
Liberty Loan contingent fund
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued g
mortgages
Bonds
Assents collected by subordinate branches not turned
over to supreme lodge
Total assets
Deduct Assets Not Admitted
Bills receivable from Sons Daughters of 170200
Justice
Other items o05 qq
Interest on Dancy Drainage Bonds

Total not admitted assets

Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Other items 2047675
Advance assessmentsMZZMutZ
Present value of nine paidup disability 155290
PrsrentCvlueoflwentypayliYe7eTtlficates out
standing

Total liabilities
563
3350087
71696917
57827565
3000000
20000
30000
1526982
2817122
45380000
129471
7739125
234865
57827565
162200
1049523
4142225
68181813
250700
62930813
12807177
2402057
15209234564 Annual Report
Business in Force
In force December 31st 1919 24 557 000 00
Issued revived or increased during year 6840oOOOQ
kum 39397oOOOO
Deduct ceased to be in force during yearZ l65S750 00
In force December 31 1920 2973s25onn
Business in Georgia
In force December 31st 1919 1350000
O LI III 1 Q RHft ftfl
Deduct ceased to be in force aurfngtheyearZrIirZZr lsoo 00
In force Deceber 31 1920 I OolhOO
THE EMINENT HOUSEHOLD OF COLUMBIAN WOODMEN
Hurt Bldg Atlanta Ga
Balance from previous year
Total 160756206
Income
All assessments and premiums
Other payments byraembers 71827350
Certificate fees n11
Per capita tax iqJHS
Averages and advances IIIIIZZIIIZZIZZ 51 571 75
Totals
Total received frommembersT 5846825
Total
Deduct payments returned 77674175
Total
Net amount received from members
Interest and rente received 71883704
Total
Profit on safe or increase by adiustmentorassets 8623378
All other income
Grand totafincome 556581
Total income all funds 812 159 g4
Amounts carried forward
Total amount carried forward 2 419 721 90
Disbursements
Net amount paid for losses
Total 29167803
Legal and administrative expenses in adjustment of claims
A Ol31 A mr wn
Commissions and allowances to depuUesandoVganTzers A4i559
Total 7624799
balanes of officers and employees
f 7 5382907
Rents and interest
Total 893809
Advertising printing postage telegrams etc
Total 2741169
Loss on sale or decrease by adjustment in assets
Total 32665
Other disbursements
Total 1 6021311
Total disbursements
Grand total disbursements 521 120 22
Balance before transfers
Balance 189860168Insurance Department of Georgia
565
Summary of Transfers
Dec 31 1920 from Income all sources to the Beneficiary fun
Dec 31 1920 from Income all sources to the general and surplus
funds
Ledger Assets

Mortgage loans first Hens
Bonds at book value
Collateral loans
Cash in office
Deposits at interest per schedule N
Other items
Loans to covenant holders
Bills receivable and organization balances
Other ledger items
74256774
5150595
2614786
55277092
1456027
33355500
62787347
15000100
10400
10184766
82022155
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
189860168
2128040
Total assets
Deduct Assets Not Admitted
Agents balances
Bills receivable
Other items
All other items
191988208
4205820
944775
2737035
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims f
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Taxes due or accrued
Other items
Averages
Advances application suspense
Net reserve on all outstanding covenants Dec 31 19i0
7887630
184100678
6752301
3226220
724501
2020353
66436
845444
162807679
176432934
Total liabilities
VALUATION EXHIBIT
AssetsActual and Contingent
Admitted assets less funds not available for claims 184100578
Total 184100671
Amount of general and surplus fund
Amount of nonadmitted assets
LiabilitiesActual and Contingent
On all certificates net value
Accrued liabilities
7667644
7887630
162807679
12723375
Total
Accrued claims on general or expense fund
Assets item 8 to liabilities item 20
176432934
724501
10430
Business in Force
In force December 31st 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year
In force December 31
Business in Georgia
In force December 31st 1919
Issued revived or increased
Tn force December 31 1920
Net losses paid during year
Net losses incurred during year
26680l61900
644400000
3312461900
506921000
2805540900
169287800
20250000
154887800
1302997
1800000566
Annual Report
Investments in Georgia
Bonds
Mortgage loans
Collateral loans
Other items
Cash
Total investments in Georgia
7148008
29675500
1500000
784766
45508274
THE FRATERNAL AID UNION
Cor 8th and Vermont Sts Lawrence Kansas
AtJHZ ESS GeorgiaWilliam A WrighTnraeeCmmloS
Balance from previous year
a Mortuary funds
b Reserve funds qHViii
c Disability funds 724m11i
d Annuity funds yllqln
e Expense funds i9nJfiV
4 Other funds viz ZZZZZ
g Total 204089896
Income
Membership fees actually recieved
a Expense funds 721 71
c Total
Assessments or premiums during first months of which all or an
extra percentage is issued for expenses
Expense funds 81847860
Allother assetsmentsandpremiums7 81847860
a Mortuary funds 157733203
b Reserve funds 13 124Q7
d Annuity funds SSS1 1104463 44
e Expense funds 13600352
Other paymentibymembers 283092396
Expense general fund 5338446
Total receivedfrommembersT 5338446
a Mortuary funds 157733208
b Reserve funds 13 124 97
d Annuity funds 192294204
e Expense funds 190i10969
a Total 370350873
Deduct payments returned
Benefit reserve spl gen gen 2275613
Total r 368075260
Net amount received from members
a Mortuary funds 157196815
b Reserve funds 1307928
d Annuity funds 1906 077 41
e Expense funds 18962776
g Total 368075260
Interest and rents received
Reserve emerg res spl gin spl res and gen 9585155
Total 95S5155
Profit on sale or increase by adjustment of assets
Emerg reserve fund 2016362
Total 2016362
All other income
Res expense gen fund 380082
Total 380082Insurance Department of Georgia
567
Grand total income QCoc
a Mortuary funds 15Zio5S
b Reserve funds IHsVok
c Disability funds SSfgS
d Annuity funds 1oafioqfiS
e Expense funds oIoqcac
f Other funds viz Jtidtitta
g Total income all funds 380056859
Amounts carried forward
a Mortuary funds Mlsnoo
b Reserve funds liiio 1c
c Disability funds 10
d Annuity funds 2ofinq
e Expense funds J JS
f Other funds viz abbaiifd
g Total amount carried forward 584146755
Disbursements
Net amount of losses
aMortuary funds LbS2S
b Reserve funds aqToqiin
dAnnuity funds cJgn
f Other funds viz 8U
217489779
g Total T
Legal and administrative expenses in adjustment of
claims 6 32606
Expensebbiro
845467
Total
Commissions and allowances to deputies and organizers
a Expense funds 3096b23
Total 30968623
Salaries of officers and employes
a Expense funds 13560636
Total 13560636
Rents and interest okisik
a Mortuary funds bqsoo
e Expense fundsbdgatu
Total 263755317
Advertising printing postage telegrams etc
a Expense funds 52883m
Total 5288307
Loss on sale or decrease by adjustment in assets
Emg res 2lSd4b
rn 215346
Total w
Other disbursements ftft
Benefit fund trSb
Reserve funds
Spl reserve fund oos
Emerg res 12344113
General fund 123441Id
42583113
Total
Total disbursements t qjci UK S4
a Mortuary funds 1287449
b Reserve funds uq7 bo
c Disability funds 484221 10
d Annuity funds 63646L43
e Expense funds g 541 39
f Other funds
g Grand total disbursements 311842083
Balance before transfers 374 648 22
a Mortuary funds 10so5496
b Reserve funds 766 272 98
c Disability fundsAnnual Report
d Annuity funds 9 173 782 00
Expense funds IJ 30371134
Other funds 35837034
Balance
Summary of Transfers
FebrlSv9nrTn tnemergency fund to the benefit fund
Tniv M f S1 the sPecIal general fund to the general fund
Jul 1920 from the special general fund to the general fund
August 1920 from the general fund to the special surplus fund
servVnd SP6Cia geeral fund to the special re
Firlarfun920 from the specfafgeneral funTtoTfceipeclarsur
plus
t Join 0m Se sPecaJ general fund to the special reserve fund
XJ2 f Ti thfe sPelal general fund to the special surplus fund
September 1920 from the reserve fund to the special reserve fund
September 1920 from N P C term reserve fund to the special
reserve fund
September 1920 from the F B R S Afund to the benefiTTund
September 1920 fro mthe F B R B mortuary fund to the spec
lal reserve fund
September 1920 from the F B R B reserve fund to the spec
ial reserve fund
September 1920 from the emergency reserve fundto the benefit
fund
December 1920 from the emergency reserve fund to the benefit
fund
Ledger Assets
Book value of real estate
Mortgage loans first liens 119935946
Bonks at book value
Deposits at interest per schedule N
Other items
Reserve liens on each certificate 180 818 78
Policy loans 156388
272304672
38145157
34040094
33433189
10000000
10965953
10000000
19215691
10000000
196149
932561
167271
6495241
9176786
1628160
5000000
10452782
119935946
100855540
23322138
18238266
Total ledger assets as per balance No 25 2723 046 7
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
ntZrmdnnleiSensfSeretaieS 0t y6t lVa b
3392847
Total assets
2864505
215025
Deduct Assets Not Admitted
Other items
Book value of R B over market value
Total not admitted assets
Total admitted assets
309357049
1465350
1465350
Liabilities
Nel amount of unpaid losses and claims
Taxes due or accrued
Other items
Advance assessments
307891699
40979180
18432
Reserve on Amercian ExpZ4 per cent certificates ZZZZZZZZZ lislioilll
165810540
Total liabilities
In force December 31st 1919
Business in Force
Issued revWed or tocVe
Deduct ceasedtobernf8rcedurrnFyearZZZZZZZZZZ4294vlfinfl
In force December 31st 1920 ZZZZZZZZZZ 90796S2000
Business in Georgia
In force December 31st 1919 s
seued revived or increased 24342400Insurance Department of Georgia
569
Sum 1 162869900
Deduct ceased to be in force during the year 42463600
In force December 31st 1920 HSISS
Net losses paid during year 55oi o
Net losses incurred during year 260248135
Investments in Georgia
Policy loans 1980
UNITED ORDER OP THE GOLDEN CROSS
Room 412 Empire Building
Knoxville Tennessee
Jos P Burlingame President W R Cooper Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Georgia
Balance from previous year
a Mortuary funds IltHl
e expense funds 496576
m 13992995
g Total
Income
Assessments or premiums during first months of
which all or an extra percentage is used for g
expenses
811612
d Total
All other assessments and premiums 38057922
a Mortuary funds 42 471 38
e Expense funds
S 42305060
g Total
Other payments by members 24100
Per capita tax 220 00
Certificate fees
46100
Totals
Total received from members 380 579 22
b Reserve funds 5lo4850
e Expense funds
43162772
g Total
Deduct payment returned 36 00
Mortuary
3600
Total
Net amount received from members 38034322
a Mortuary funds 5104850
e Expense funds
43159172
g Total
Interest and rents received 112680
Mortuary 391065
Emergency 6005
Expense
509750
Total
All other income g 31420
Expense
31420
Total
Grand total income 38167002
a Mortuary funds 391065
1 Reserve funds emergency 542275
e Expense funds
47300342
g Total income all funds
Amounts carried forward 51663421
a Mortuary funds570
Annual Report
b Reserve funds emergency
e Expense funds
391065
5638851
g Total amount carried forward
Disbursements
Net amount paid for losses
a Mortuary funds
40336695
g Total
Legal and administrative expenses in adjustment of claims
Expense 286855
Total
Commissions and allowances to deputies and organizers
a Expense funds 2409600
Total
Salaries of officers and employees
a Expense funds 1675923
Total
Rents and interest
e Expense funds
Total
Advertising printing postage telegrams etc
a Expense funds
80100
307388
Total
Other disbursements
Expense
675915
Total
Total disbursements
a Mortuary funds 40936696
e Expense funds 5435811
g Grand total disbursements
Balance before transfers
a Mortuary funds 10728726
b Reserve funds emergency 891065
e Expense funds 203040
Balance
Summary of Transfers
June from the mortuary fund to the expense fund
June from the expense fund to the mortuary fund
Dec from the emergency fund to the mortuary fund
Ledger Assets
Book value of real estate
Bonds at book value
Cash in office
Deposits not at interest
Deposits at interest per schedule N
Other Hems
Bills receivable
680000
Total ledger assets as per balance No 23
NonLedger Assets
Interest due and accrued
Other items
Assessments 3530843
57693337
40936695
286855
2409600
1675923
80100
307388
675945
46372506
1 1320831
2000000
2000000
391065
880000
7942932
200161
574196
1043542
680000
11320831
112102
3530813
Total assets
1 197227Insurance Department of Georgia
571
Deduct Assets Not Admitted
Book value of real estate over market value 250000
Total not admited assets 250000
Total admitted assets 14722276
Liabilities
Net amount of unpaid losses and claims 4Snaal
Salaries and miscellaneous accounts due or accruedl5Ui9S
Total liabilities 4219332
Business in Force
in force December 31st 1919 T 1424722500
Issued revived or increased during year l277b000U
aum 1554 ZO0U
DeducTceased to be in force during year HfHnn
In force December 31 1920 1425997500
Investments in Georgia
In force December 31st 1919 2Wj
Issued revived or increased
gum ZlfDUUU
In force December 31 1920 2175000
GOLDEN SEAL ASSURANCE SOCIETY
Roxbury N Y
Hill Montague President Arthur F Bouton Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atanta Ga
Balance from previous year
a Mortuary funds 39084157
b Assurance League optional funds 21333159
d Disability benefit funds 1017230
e Expense funds 672236
C other funds via
Assurance League general 1997957
g Total 64104739
Income
Assessments of premiums during first months
of which all or an extra percentage is used for
expenses 1399439
d Total 1399439
All other assessments and premiums
a Mortuary funds lAtinn
c Disability benefit funds 2463300
e Expense funds 6614602
f Other funds viz
Assurance League optional and Assurance league
general 5423271
g Total 21655788
Total received from members kahic
a Mortuary funds HoH
b Benefit funds snind
e Expense funds H
f Other funds viz Assurance League optional 5423271
g Total 23055227
Deduct payments returned name funds
Mortuary funds
Benefit funds ifinq7
Expense funds16097
22415
Total
Net amount received from members
a Mortuary funds 7152747572
Annual Report
c Benefit funds 2458850
e Expense funds 7997944
f Other funds viz Assurance League optional 5423271
gTotal 23032812
Interest and rents received name funds
Mortuary 1350537
Benefit 43355
Assurance League optional 1059207
Assurance League general 95676
Expense 15695
Total 2564 471
Profit on sale or adjustment of assets name funds
Mortuary 41335
Benefit 1272
Assurance League optional 3267S
Assurance League general 3104
Expense 310
Total 78699
All other income name funds
Mortuarv 3195
Expense 120121
Total 123316
Grand total income
a Mortuary funds 8547814
c Benefit 2503477
e Expense funds 8134070
f Other funds viz
Assurance League optional 6515156
Assurance League general 98780
g Total income all funds 25799297
Amounts carried forward
a Mortuarv funds 47631971
c Benefit funds 3520707
e Expense funds 8806306
f Other funds viz
Assurance League optional 2 7 S 4 S 1
Assurance League general 2096737
g Total amount carried forward 89904036
Disbursements
Net amount paid for losses
a Mortuarv funds 2755678
c Benefit funds 2416359
e Expense funds 405000
f Other funds viz
Assurance League optional 5423027
g Total 10999964
Legal and administrative expenses in adjustment
of claims name funds
Expense i 600285
Total 600285
Commissions and allowances to deputies and organizers
a Expense funds 1757014
Total 4757014
Salaries of officers and employes
a Expense funds 1535889
Total 15358S9
Rents and interest
a Mortuary funds 181360
c Benefits 6032
e Expense funds 135151
t Other funds viz
Assurance League optional 144784
Insurance Department of Georgia
Assurance League general 13380
Total
Advertising printing postage telegrams etc
a Expense funds sblb
Total
Faid members for dividends name funds
Mortuary 301044
Total
Loss on sale or decrease by adjustment of assets
Name funds
Mortuary one
Benefit
Assurance League optional 5225
Assurance League general
Expense
Total
Other disbursements name funds
Mortuary 8
Benefit
Expense iit
Assurance League general
Total
Total disbursements
a Mortuary funds SiSliM
c Benefit funds ttlllll
e Expense funds 8J
f Other funds viz
Assurance League optional bbliu6b
Assurance League generalLiibi
g Grand total disbursements
Balance before transfers
a Mortuary funds 10921 41
c Benefit funds
e Expense funds 22275279
Assurance League optional on R94 so
Assurance League general Z0SZ4su

Balance
Ledger Assets
Book value of real estate
Mortgage loans first loens
Bonds at book value
Stocks at book value
Cash in office IT Wat
Deposits at interest per schedule N
Deposits not at interest
Agents balances net
Other items 770000
Hills receivable iVZ i
Furniture and fixtures lossVqo
Loans on transferred certificates 1088390
Total ledger assets as per balance No 25
NonLedger Assets

Interest due and accrued
Market value of assets over book value
0tAssessemeSnts actually collected by Subordinate
Lodges not yet turned over to the Supreme 2Q fl00 nft
Lodge7 oo on
Due from camps for supplies buuuu
Liens and accrued interest Assurance League
certs opt 3
48070S
352125
301044
113835
608528
19749392
70154644
5973964
15345335
27734219
161429
534066
73924
2966757
1111959
16252991
7015461 1
2665713
976936574
Annual Report
Printed matter and supplies on hand
200000
Deduct Assets Not Admitted
Agents balances not secured by bonds
Bills receivable
Other items
Book value of bonds and stocks over market
value
Furniture and fixtures
Due from camps for supplies
Printed matter and supplies on hand
222762
7V0000
1763964
348521
50000
200000
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued
Other items
Borrowed money general fund 1050000
Interest due or accrued on same 347450
Advance assessments 1019652
Dividends accumulated on D B certificates 92380
Reserve American Experience 3 12 per cent
and 4 per cent 65006600
Total liabilities
Business in Force
8235542
Total assets 82032835
3355247
7S6775
1916100
99245
6611S682
69531427
In force December 31st 1919 13957 75156
Issued revived or increased during year 645l50000
Sumrr 2040925456
Deduct ceased to be m force during year 6397 517 86
In force December 31 1920 liloil73670
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the vear
In force Dec 31 1920
Net losses paid during year
Net losses incurred during year
23275000
3750000
27025000
1550000
25475000
356750
356750
THE GRAND FRATERNITY
1626 Arch Street Philadelphia Pa
Frederick Gaston President w E Gregg Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Cornmissioner
Balance from previous year
b Reserve funds 41494172
e Expense funds 76074
f Other funds viz Sick and accident 612682
g Total 42182928
Income
Asessment or premiums during first 12 months of which all or an
extra percentage is used for expenses
a Expense funds 4642855
d Total 4g 428 5S
All other assessments and premiums
a Mortuary funds 15659075
e Expense funds 6000000
f Other funds viz Sick and accident 347600
g Total 22006675Insurance Department of Georgia
575
Net amount received from members n
a Mortuary funds in428 55
e Expense funds 347600
f Other funds viz Sick and accident d4tuu
26649530
g Total
Interest and rents received q
Mortuary funds nan
Expense funds iijjjv
5472573
Total
Profit on sale or increased by adjustment of assets
Reserve funds
7273
Total
All other income 255 52
Expense funds 165 57
Reserve funds
42109
TotalJ
Grand total income 911 ins 6S
a Mortuary funds 23830
b Reserve funds 10686187
e Expense funds atr no
f Other funds viz Sick and accident sktbw
321714 85
g Total income all funds
Amounts carried forward 21113860
a Mortuary funds T 415 180 02
b Reserve funds 10762261
hyrpfunSdyirsicVnxrccTdVnt
g Total amount carried forward 74354413
Disbursements
Net amount paid for losses 148 238 47
a Mortuary funds 2021986
b Reserve funds pnfifi 98
f Other funds viz Sick and accident 205t98
17051531
g Total 1ZTZ7
Legal and administrative expenses in adjustment of claims
Expense fund
19357
Total
Commissionsand allowances to deputies and organizers
a Expense funds
5343900
Total
Salaries of officers and employes 3098056
a Expense funds
3098056
Total
Rents and interest 3279927
a Mortuary funds 600000
e Expense funds
3879927
Total
Advertising printing postage telegrams etc 6 00063
a Expense funds
600O63
Total
Loss on sale or decrease by adjustment in assets lg
Reserve funds
15418
Total
Other disbursements 2000000
Reserve funds 1021878
Expense funds
3021878
Total
Total disbursements 18103774
a Mortuary funds 4037404
b Reserve funds 576 Annual Report
e Expense funds 106 832 54
f Other funds viz Sick and accidentZZZZ ZMSll
g Grand total disbursements Qn
Balance before transfers H0iilS0
a Mortuary funds n m 0
b Reserve funds wimU
e Expense funds nv
Sick and accident 754584
Balance 41324283
Summary of Transfers
December 31 1920 from the mortuary fund to the reserve fund 3010094
Ledger Assets
Book value of real estate 9fls n9Q c
Bonds at book value 20852962
Deposits at interest per schedule NIIZ1ZZI1 6 01885
Other items
Loans secured by liens on members certificates 143 532 58
Total ledger assets as per balance No 25 413 242 83
NonLedger Assets
Interest due and accrued
Market value of assets over book valueZIZZZ 27 47038
Other items
Assessments actually collected by subordinate lodges not vet
turned over to Supreme Lodge 5qna9
Certificates liensZZZZZZZZZZZZZZZZZZZZZZT 2405754
Total assets
Deduct Assets Not Admitted
Other items
Certificate liens 2405754
Total not admitted assets 24 057 54
Total admitted assets J 464 549 76
Liabilities
Net amount of unpaid losses and claims 22 603 no
Reserves or unearned premiums on risks outstanding II 10543800
Other items vjoouu
Borrowed money 1000000
Total liabilities J 13g041 00
Business in Force
In force December 31st 1919 11 oB1 cor ntt
Issued revived or increased during year IIZII 287315800
Deduct ceased to be inforceduringyeiiZZZZZZZZZ qnnntfinn
In force December 31st 1920 I 1293420700
Business in Georgia
In force December 31st 1919 000 iq7 nA
Issued revived or increased 101980 00
Sum 324477 on
Deduct ceased to be in force during the year 74101 no
In force December 31st 1920 22537finn
Net losses paid during year I 2000 no
Net losses incurred during year I 2500 00
HERALDS OF LIBERTY
Home Office Huntsville Ala Jtojjtty Offices 401012 Chestnut Street
Tracy W Pratt President Pmnnoi a
Attorney for service in GeorgiaWilliam A Wrighturancer ComS
Balance from previous year
Jrance Commissioner
Mortuary funds
b Reserve funds
5371704
7008886Insurance Department of Georgia
bii
c Joint life funds 184 705 00
e Expense funds 2ll617O0
g Total 1 33012790
Income
Assessments or premiums during first months of which all or an
extra percentage is used for expenses 3762874
d Total 3762874
All other assessments and premiums
a Mortuary funds 110 ac or
b Reserve funds itllol
c Joint life funds IJZZZZZZIZ 11883515
e Expense funds 147 51598
g Total 37812568
Other payments by members
Expense 201 00
Total 201
Total received from members
a Mortuary funds
b Reserve funds IZIZZiII t sZq 9q
e Expense funds ish4K7
f Other funds viz Joint life ZZ 113i335 15
g Total 415 955 42
Deduct payments returned xooo
Mortuary funds j 19 nn
Reserve funds Jr
Joint life funds 122 38
Expense funds JJ 276 98
Total 57
Net amount received from members
a Mortuary funds 115 qmi 91
b Reserve funds 1111 384513
e Expense funds ISnfisVi
f Other funds viz Joint life 1 11321277
t f Ttta TiT 41542785
Interest and rents received
Expense funds 5 g81 jq
Total 568110
All other income
Expense funds 5000000
r Tot 7 5000000
Grand total income
a Mortuary funds jj 11330121
b Reserve funds 3 845 13
e Expense funds 240749 84
f Other funds viz Joint life 11321277
g Total income all funds 47 10g or
Amounts carried forward
a Mortuary funds 16701825
b Reserve funds 73 933 on
e Expense funds 1 26236684
f Other funds viz Joint life 297 917 77
g Total amount carried forward ggj 3c gc
Disbursements
Net amount paid for losses
a Mortuary funds 9208162
f Other funds viz Joint life 83 5qq qq
g Total f 17558162
Eegal and administrative expenses in adjustment of claims
Expense funds 180475
Total 18147557
Annual Report
Commissions and allowances to deputies and organizers
a Expense funds b5aglo8
Total 6598168
Salaries of officers and employes
a Expense funds bi43294
Total 6743294
Rents and interest
e Expense funds MOV89
Total 639789
Advertising printing postage telegrams etc
a Expense funds 828665
Total 828665
Loss on sale or decrease by adjustment in assets
Expense funds 12031
Total 12031
Other disbursements
Expense funds 7123583
Total 7123583
Total disbursements
a Mortuary funds 9208162
e Expense funds 22126005
f Other funds viz Joint life 8350000
g Grand total disbursements 39684167
Balance before transfers
a Mortuary funds 7493663
b Reserve funds 7393399
e Expense funds 4110679
Joint life funds 21441777
Balance 40439518
Summary of Transfers
December 31 1920 from the reserve fund to the mortuary fund 2218020
December 31 1920 from the reserve fund to the joint life fund 2218020
December 31 1920 from the reserve fund to the expense fund 2957359
Ledger Assets
Mortgage loans first lien 4460000 4460000
Bonds at book value 13702039
Stocks at book value 100000
Cash in office 18642 29
Deposits at interest per schedule N 6144426
Agents balances net 12345620
Other items
Bils receivabe 1758592
North Pennsylvania Bank 64612
1823204
Total ledger assets as per balance No 25 40439518
Non Ledger Assets
Interest due and accrued 747202
i ither items
Furniture and fixtures 954947
Total assets 42141667
Deduct Assets Not Admitted
Bills receivable 1758592
other items
North Pennsylvania Bank 64612
Total not admitted assets 1823204
Total admitted assets 40318463
Liabilities
NVi amount of unpaid losses and claims 14820000Insurance Department of Georgia
579
Salaries and miscellaneous accounts due or accrued 184203
Other items
Borrowed money 5000000
Total liabilities 20004203
Business in Force
In force December 31st 1919 1670970000
Issued revived or increased during year 95600000
Sum 1766570000
Deduct ceased to be in force during year 158750000
In force December 31st 1920 1607820000
Business in Georgia
In force December 31st 1919 24600000
Issued revived or increased 2450000
Sum 27000000
Deduct ceased to be in force during the year 2800000
In force December 31st 1920 24250000
Net losses paid during year 800000
Net losses incurred during year 600000
KNIGHTS OF COLUMBUS
956 Chapel Street New Haven Conn
James A Flaherty President Wm J McGinley Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Kinds of business done in GeorgiaFraternal Insurance
Ledger assets December 31st 1919 956001319
Kxtended at
Income
Gross premiums on new business 329070623
insurance and return pre
10496
56001319
ueduct amount paid for insurance and return pre
miums
Total premiums
Interest and rents
Profits on sale or increase by adjustment of assets
Other sources
Sale of lodge supplies
Salvage of Green House on property purchased
August 20 1920
Payment on taxes by former owner of property pur
chased August 20 1920
3
6456004
25000
50485
29060127
41923452
1584958
6531489
Total income
379100026
Carried
forward 1335101345
Disbursements
Net amount paid policyholders for losses
Legal and administrative expenses in adjustment of claims
Salaries of officers and employes
Rents
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
Other items
125647082
1628622
14183648
460996
3851237
350244
49090308
Total
disbursements 195212137
Balance
Ledger Assets
Book value of real estate
Mortgage loans
Bonds at book value
Deposits at interest
Deposits not at interest
Total ledger assets as per balance No
1139889208
14500000
55275000
1038275280
31673432
165496
23 1139889208580
Annual Report
NonLedger Assets
Interest due and accrued 14600963
Other items
Assessment credit liens 22032t5
Assessments collected by subordinate lodges not yet
turned over to Supreme Lodge 8211091
Due from subordinate clerk for interest on assess
ment credit liens I
Due from subordinate clerk for per capita tax bt7642
For supplies 10fHx
In F W cards4f0 0202
Total assets 1166692273
Deduct Assets Not Admitted
Bills receivable No 23 24 25 1755444
Other items
Overdue and accrued interest on bonds in default 12Sd3S3
Book value of bonds not amortized over market
value Chicago and Eastern 111 R R924647
Total not admitted assets 3913424
Total admitted assets 1162778849
Liabilities
Net amount of unpaid losses and claims niuIluon
Reserves or unearned premiums on risks outstanding 900440400
Salaries and miscellaneous accounts due or accrued estimated 1500000
Total amount of liabilities iViTlT5 921016686
Surplus over all liabilities 241762163
Surplus protection to policyholders 241762163
921016686
Total liabilities
Business in Force Fire Insurance Companies
yj r cl i n 31 j
In force December 31st 1919 148l4oo0oo0
Issued revived or increased during year 22490656233
EeducfVeaiedrobeinforcelurmiryer mSSlKoiM
In force December 31st 1920 21 224 510 33
Total
Business in Georgia
Ordinary
v cqio 43590000
In force December 31st 1919 96 000 00
Issuedj revived or increased 53l90000
PeuctVea8edtobVtafVroiVrZ Jlioloioo
n force December 31st 1920 499 050 00
Total 5 296 38
Net losses paid during year 560000
Net losses incurred during year
SUPREME LODGE KNIGHTS OF PYTHIAS INSURANCE DEPT
Indiana Pythian Building Indianapolis Ind
Harry Wade President Walter O Powers Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year ineKnftK
a Mortuary funds 10662
c Disability funds ulqfis
e Expense funds 34496830
g Total 01154382
Income
Membership fees actually received
a Expense funds 1370200
c Total 13200Insurance Department of Georgia
581
All other assessments and premiums
a Mortuarv funds 241707032
c Disability funds 166855
e Expense funds 32446738
Total 274320625
Total received from members
a Mortuary funds 241707032
c Disability funds 166855
e Expense funds 33816938
g Total 275690825
Deduct payments returned
Mortuary fund 345971
Total 345971
Net amount received from members
a Mortuary funds 241361061
c Disability funds 166855
e Expense funds 33816938
g Total 275344854
Interest and rents received
Mortuary funds 55894845
Expense funds 1424092
Total 57318937
Profit on sale or increased by adjustment of assets
Mortuary funds 456871
Expense funds 102005
Total 558876
All other income
Miscellaneous fees expense fund 9650
Total 9650
Grand total income
a Mortuary funds 297712777
c Disability funds 166855
e Expense funds 35352685
g Total income all funds 333232317
Amounts carried forward
a Mortuary funds 1364213303
c Disability funds 323881
e Expense funds 69849515
g Total amount carried forward 1434386699
Disbursements
Net amount paid for losses
a Mortuary funds 160607815
g Total 160607815
Legal and administrative expenses in adjustment of claims
Expense funds 141432
Insurance Department fees 128100
Total 269532
Commissions and allowances to deputies and organizers
a Expense funds 19162952
b Other funds viz
Commissions on collections expense 12503107
Discount on advance payments 1434957
Total 33101016
Salaries of officers and employes
a Expense funds 6953435
b Other funds actuarial expense expense fund 385415
Mileage and per Jieum Bof Co expense fund 901514
Total 8240364
Rents and interest qq8
f Other funds viz F and P Ill
Expense fund 686156582
Annual Report
Official improvement expense fund 32i8c
Investment expense fund 86165
Total 1874054
Advertising printing postage telegrams etc oc
a Expense funds JiJ
b Other funds viz Premium on fidelity bonds 259837
Total 7377323
Paid members for dividends
Miscellaneous expense expense fund 135310
Total 135310
Loss on sale or decrease by adjustment in assets
Mortuary expenst 1398967
Expense fund 63005
Total 1461972
Other disbursements
Medical examinations in chief and subordinate ex
aminers expense fund 2405240
Officers traveling expenses expense fund 680225
Total 3085465
Total disbursements
a Mortuary funds 162006782
e Expense funds 54146069
g Grand total disbursements 216152851
Balance before transfers
a Mortuary funds 1202206521
c Disability funds 323881
e Expense funds 15703446
Balance 1218233848
Summary of Transfers
December 31 1920 from the mortuary fund to the expense fund 4254038
December 31 1920 from the mortuary fund to the expense fund 10000000
Ledger Assets
Mortgage loans first liens 20000000 20000000
Bonds at book value 1129536454
Cash in office rHqS
Deposits at interest per schedule N 676922
Agents balances net l5t74
Other items c
Certificate loans 4th and 5th class 44546585
Certificate liens17104843 61651428
Total ledger assets as per balance No 25 1218233848
NonLedger Assets
Interest due and accrued 23467110
Other items nn
Due from secretaries 33487
Postage 4214887
Total assets 1245915845
Deduct Assets Not Admitted
Agents balances 156734
Other items k qq ir
Overdue and accrued interest tkVoH
Book value of bonds over market value 7d12772
Total not admitted assets 8262422
Total admitted assets 1237653423
Liabilities
Net amount of unpaid losses and claims lnHii
Iteserves or unearned premiums on risks outstanding HIrSS
Salaries and miscellaneous accounts due or accrued 3574627Insurance Department of Georgia
583
Other items
Reserve on 4th class certificates 41921124
Reserve on 5th class certificates 1060065774
Disabilitv fund 323881
1102310779
Total liabilities 1134732088
VALUATION EXHIBIT
AssetsActual and Contingent
Admitted assets 1237653423
Total 1237653423
Amount of general or express fund 27693912
Amount of NonAdmitted Assets 8262422
LiabilitiesActual and Contingent
Present midyear value of promised benefits 1101986898
Accrued liabilities 27234839
Value of unpaid installments 5510351
Total 1134732088
Accrued claims on general or expense fund 3574627
Assets item to liabilities item 20 109
Business in Force
In force December 31st 1919 10124889400
Issued revived or increased during year 1567907000
Sum 11692796400
Deduct ceased to be in force during year 806216500
In force December 31st 1920 10886579900
Business in Georgia
In force December 31st 1919 3969493CO
Issued revived or increased 37850000
Sum 4347993 00
Deduct ceased to be in force during the year 25171500
In force December 31st 1920 4096278011
Net losses paid during year 6445000
Net losses incurred during year 6292574
Investments in Georgia
Bonds 26980000
Total investments in Georgia 26980000
THE MACCABEES
506 Woodward Avenue Detroit Mich
D P Markey Supreme Commander Thomas Watson Supreme Record Keeper
Attorney for service in GeoisiaWilliam A Wright Insurance Commissioner
Balance from previous year
Mortuary funds 63667082
Reserve funds 1316020578
Sick and accident 45772 s
Relief No 1 11153868
Expense funds 3846715
Relief No 2 51189
Trust funds 1337s 1
Guarantee fund 5036811
Bonds
Transferred
From
1919 Reserve
1250786467
32731000
3250311 I
Corrected Hal
Jan 1 192
13144535
373082
136569
38467
511
13378
50368
0
i9
78
79
15
89
15
11
Total 1405691336
Income
None required under Supreme Tent Laws Collection of such fees wholly
optional with Subordinate Tents584
Annual Report
Assessments or premiums during first months
of which all or an extra percentage is used for
expenses 58083293
a Expense funds 46001413
Total 10408470
All other assessments and premiums
a Mortuary funds 521201324
c Sick and accident funds 10149270
d Relief No 1 3527499
e Expense funds 44781648
f Relief No 2 15365410
Patriotic fund 64000
Total 595079151
Totals 699163857
Total received from members
a Mortuary funds 567202737
c Sick and accident funds 10149270
d Relief funds No 1 3527499
e Expense funds 102864941
f Relief funds No 1 15365410
Patriotic fund 54000
g Total 699163857
Deduct payments returned name funds
Morutary fund 1114770
Sick and accident fund 27277
Relief fund No 1 56046
Total 1198093
Net amount received from members
aMortuary funds 566087967
c Sick and accident funds 10121993
d Relief funds No 1 3471453
e Expense fnnds 102864941
f Relief funds No 2 15365410
Patriotic fund 54000
Total 5 697965764
Interest and rents received name funds
Mortuary funds 64982434
Sick and accident funds 1116084
Relief funds No 1 2338690
Relief funds No 2 10686
Expense funds 200465
Trust funds 55931
Patriotic fund 114933
Total 68819223
Profit on sale or adjustment of assets name funds
Relief funds No 1 41367
Expense funds 1of
Mortuary funds 814811
Sick and accident funds 28214
Total 894776
All other income name funds
Relief funds No 1 4049428
Expense funds 673963
Trust funds 692997
Total 5416388
Grand total income
a Mortuary funds 631885212
c Sick and accident funds 11266291
d Relief funds No 1 9900938
e Expense funds 103749753
f Relief funds No 2 15376096
Trust funds 748928Insurance Department of Georgia
585
Patriotic funds 168933
g Total income all funds 773096151
Amounts carried forward
a Mortuary funds 1946338761
c Sick and accident funds 48574569
d Relief funds No 1 53557917
e Expense funds 107596468
f Relief funds No 2 15427285
Trust funds 20S6743
Patriotic funds 5205744
g Total amount carried forward 2178787487
Disbursements
Net amount paid for losses
a Mortuary funds 593114048
c Sick and accident funds 10323053
d Relief funds No 1 1183122
f Patriotic funds 1200000
g Total 605820223
Legal and administrative expenses in adjustment
of claims name funds
Relief funds No 2 468990
Expense funds 777954
Total 1246944
Comissions and allowances to deputies and or
ganizers
a Expense funds 63223199
b Other funds viz Relief funds No 2 15832184
Total 79055383
Salaries of officers and employes
a Expense funds 16253649
Total 16253649
Rents and interest taxes and repairs
e Expense funds 763761
Total 763761
Advertising printing postage telegrams lodge
supplies official pub etc
a Expense funds 11539585
Total 11539585
Loss on sale or decrease by adjustment of assets
name funds
Mortuary 5058753
Sick and accident 24829
Relief funds No 1 18460
Total 5102042
Other disbursements name funds
Expense funds 7281952
Relief funds No 1 4139708
Relief funds No 2 63435
Patriotic fnds 10761
Trust funds 833117
Total 12425855
Total disbursements
a Mortuary funds 598172801
c Sick and accident funds 10347882
d Relief funds No 1 16364639
Trust funds 833117
Patriotic funds 1307613
t Grand total disbursements 732207442386
Annual Report
Balance before transfers
a Mortuary funds 1348165960
Sick and accident funds
d Relief funds No 1
e Expense funds
Relief funds No 2 Debit
Trust funds
Patriotic fnds
937354
38226687
48216627
7756368
1253626
3998131
Balance
Summary of Transfers
Nov 20 1920 from relief fund No 1 to expense fund
No 20 1920 from expense fund to sick and accident fund
Nov 20 1920 from sick and accident fund to relief fund No 2
Dec 28 1920 from patriotic fund to life benefit fund
1446580045
10000000
10000000
1000000
767097
21767097
Ledger Assets
Book value of real estate 19347150
Bonds at book value 1362945842
Cash in office 120000
Deposits at interest per schedule N 64167053
Total ledger assets as per balance No 25if 1446580045
NonLedger Assets
Interest due and accrued
Other items
Assessments not yet turned over by Subordinate
Lodges
Furniture and fixtures
Liens charges and interest thereon or certificates
Present value of future interest on investments
4 per cent basis
3717S493
52700000
5300000
859710957
171630469
Total assets 257109096 1
Deduct Assets Not Admitted
Overdue and accrued on bonds in default 1244S17R
Book value of bonds over mar value ached D 22645431
Furniture and fixtures 3300000
Liens charges and interest 859710957
Present value of future interest 171630469
Total not admitted assets
1069735035
Total admitted assets 1501364929
Liabilities
Net amount of unpaid losses and claims
Present value of disability claims payable in installments
Reserves or unearned premiums on risks outstanding
Salaries and miscellaneous accounts due or accrued
Otffer items
Advance assessments
Trust funds held for beneficiaries
45128965
143488600
83662200
S160308
8500000
1253626
Total liabilities 290193699
VALUATION EXHIBIT
AssetsAetal and Contingent
Present midyear value of future net contributions 883712S500
Admitted assets less 54815431 funds not available for
claims 1 4465 19 1 OS
Liens loans and interest thereon certificate valued according
to the prospective method 456473096
Total 10740151694
Amount of general or exDress fund
Amount of nonadmitted assets
12875524
196821128Insurance Department of Georgia
587
LiabilitiesActual and Contingent
Present midyear value of promised benefits 14IJ
Accrued liabilities V
Value of unpaid installments
Net sick and accident fund
m 148082
Total oq
Accrued claims on general or expense fund
Assets item 8 to liabilities item 20 5
Business in Force
In force December 31st 19193oi2qq
Issued revived or increased during year374237
fclim or OOfl
Deduct ceased to be in force during year hiltin
In force December 31 1920349010
Business in Georgia
In force December 31st 1919 1ff
Issued revived or increased jj
Sum Q1
Deduct ceased to be in force during the year
In force December 31 1920 ir
Net losses paid during year j
Net losses incurred during year
89800
72387
82485
95184
39756
60308
per c
54705
57143
11848
85006
26842
00000
00000
00000
00000
00000
59013
49556
MASONIC MUTUAL LIFE ASSOCIATION OF THE D C
1621 H Street N W Washington D C
William Montgomery President J P Tort Secretary
Balance from previous year
a Mortuary and reserve funds 183747924
e Expense funds 233774
f Other funds viz Suspense account 412883
g Total 184394581
Income
Assessments or premiums during first months of which all or an
extra percentage is used for expenses
a Expense funds 85416102
d Total 85416102
All other assessments and premiums
a Mortuary and reserve funds 76078066
e Expense funds 1 8433029
g Total 84511095
Other payments bv members
Expense funds 100
Total 100
Total received from members
a Mortuary and reserve funds 76078066
e Expense funds 93849231
g Total 169927297
Net amount received from members
a Mortuary and reserve funds 76078066
e Expense funds 93849231
g Total 169927297
tnterest and rents received
Mortuary and reserve funds 11215560
Total 11215560
All other income
Mortuary and reserve funds including borrowed
money 15183932
Suspense fund 748748
Expense fund 492814
Total 16426 tM588 Annual Report Grand total income a Mortuary and reserve funds e Expense funds f Other funds viz Suspense funds 102477558 94342045 748748 197568351 381962932 23390529 124885 57062270 14673445 1402541 5340904 4002870 16258 28532636 134546338 247416594 110162507 70213193 500000 100000 1106130 1887839 9521763 4091435
g Total income all funds Amounts carried forward a Mortuary and reserve funds 286225982 94575819 1161631
f Other funds viz Suspense funds
g Total amount carried forward Disbursements Vet amount paid for losses a Mortuary and reserve funds 23390529
e Total
Legal and administrative expenses in adjustment of claims Expense funds 124885 Total
Commissions and allowances to deputies and organizers a Expense funds 570622 70 Total
Salaries of officers and employes a Expense funds 14673445
Total
Rents and interest a Mortuary and reserve funds borrowed money e Expense fund 385875 1016666

Total
Advertising printing postage telegrams etc a Expense funds 5340904

Total
Paid members for dividends Mortuary and reserve funds Total 4002870
Loss on sale or decrease by adjustment in assets Expense funds 16258
Total
Other disbursements Mortuary and expense funds Expense funds 15440476 13092160
Total
Total disbursements a Mortuary and expense funds e Expense funds 43219750 91326588

g Grand total disbursements Balance before transfers a Mortuary and reserve funds e Expense funds 243005732 3249231 1161631



Ledger Assets Mortgage loans first liens 110162507
Bonds at book value
Collateral loan War Savings Stamps
Agents balances net
Insurance Department of Georgia
589
Other items
Policy loans automatic policy loans disability loans
and premium loans secured by reserve 36130901
Premium notes 723242
38854143
Total ledger assets as per balance No 25 247416594
NonLedger Assets
Interest due and accrued 3069395
Market value of assets over book value 5363033
Other items
Net due and deferred premiums on all contracts
reserve charged in liabilities 49397346
Office furniture and fixtures 3167820
52565166
Total assets 308414188
Deduct Assets Not Admitted
Other items
Book value of bonds over market value 1374193
Office furniture and fixtures 3167820
Premium notes not secured 405118
Total not admitted assets 4947131
Total admitted assets 303467057
Liabilities
Net amount of unpaid losses and claims 4934530
Advance assessments 426789
Salaries and miscellaneous accounts due or accrued 4J02464
Interest paid in advance on policy loans and liens 206764
Interest paid in advance on mortgage loans on R E 1374
Other items
Reserve at 3 12 per cent American Experience Ta
ble of mortality on all contracts 293180500
Suspense accountdeposits made with applications
for membership and reinstatement 1161631
U S Treasury DepartmentSoldiers and Sailors
Civil Relief Act 1541
294343672
Total liabilities 300315602
VALUATION EXHIBIT
AssetsActual and Contingent
Admitted assets 303467057
Total 303467057
Amount of general expense fund 3249231
Amount of NonAdmitted Assets 4947131
LiabilitiesActual and Contingent
Present midyear value of all contracts 293180500
Accrued liabilities 3162900
Value of unpaid installments 1671630
Total 298015030
Accrued claims on general or expense fund 2200572
Asets item 8 to liabilities item 20 105
Business in Force
In force December 31st 1919 r 3765792400
Issued revived or increased during year 4084175000
Sum 7849967400
Deduct ceased to be in force during year 740212900
Total 7849967400
Business in Georgia
In force December 31st 1919 44450000
Issued revived or increased 17850000
ium 62300000
Deduct ceased to be in force during the year 7500000
In force December 31st 1920 54800000
Total 62300000rm
S90
Annual Report
THE SUPREME LODGE OF THE MASONS ANNUITY
Corner Edgewood Avenue and Ivy Street Atlanta Ga
Dan A Greene President R E Edwards Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Kinds of business done in GeorgiaFraternal
Balance from previous year 97667187
Extended at 97667187
Income
Gross premiums on new business 10791228
Gross renewal premiums 18266278
Deduct amount paid for insurance and return pre
miums 8008
Total premiums 29049498
Interest and rents 5215886
Other sources
Miscellaneous 1585728
Total income 133568299
Disbursements
Net amount paid policyholders for losses IIomoI
Commissions and allowances to agents oq7q it
Salaries of officers and employes 7
Rents and interest lj
Advertising printing postage telegrams etc ieo
Decrease by adjustment of assets 12b iZ
Other items A 1
Taxes repairs and other expenses on real estate 077nn
General and office expenses b7799
Total disbursements 34730418
Balance 98837881
Ledger Assets
Book value of real estate 8073007
Bonds at book value 87993051
Deposits at interest 1967472
Deposits not at interest 2382
Agents balances net 7219SO
Other items
Suspense Si2i
Furniture and fixtures 74270
79979
Total ledger assets as per balance No 23 98837881
NonLedger Assets
Interest due and accrued r5lenl
Market value of assets over book value 5426993
Total assets 104814395
Deduct Assets Not Admitted
Other items
Furniture and fixtures 4270
Suspense 5709
Total not admitted assets 79979
Total admitted assets 104734416
Liabilities
Othp 1 itpttis
Present value of deferred claims payable in installments Class A 48722227
X F C 4 per cent Class B 17792842
Class A premium reserve fund 13570192
Salaries rents expenses com due or accrued Jibbl
Bills Payable o7H2
Advanced assessments
Surplus protection to policyholders ntlb5Sb4
Total liabilities 104734416Insurance Department of Georgia
591
Business in Force Life Insurance Companies
Ordinary
In force December 31st 1919 benefit certificates 199330000
Issued revived or increased during year 63790000
Sum 263120000
Deduct ceased to be in force during year 40260000
In force December 31st 1920 222860000
Business in Georgia
Ordinary
In force December 31st 1919 80070000
Issued revived or increased 30040000
Sum 110110000
Deduct ceased to be in force during the year 18400000
In force December 31st 1920 91710000
Xet losses paid during year 1240000
Net losses incurred during year 1240000
MODERN BROTHERHOOD OF AMERICA
Mason City Iowa
Albert Hass President E I Balz Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary funds 417065431
b Trust fund 3314670
e Expense funds 2479710
g Total 422859811
Income
Membership fees actually received 3274351
c Total 3274351
All other assessments and premiums
a Mortuary funds 110455968
b Trust funds 1759020
c Juvenile funds 1049
e Expense funds 11176479
b Total 123392516
ther payments by members
Expense funds 842923
Totals 842923
Total received from members
a Mortuary funds 110455968
b Trust funds 1759020
c Juvenile funds 1049
e Expense funds 15293753
g Total 127509790
Deduct payments returned
Mortuary fund 50899
Trust fund 928615
Expense funds 179546
Total 1159060
Net amount received from members
a Mortuary funds 110405069
b Trust funds 830405
c Juvenile funds 1049
e Expense funds 15114207
g Total 126350730
Interest and rents received
Mortuary funds 26160187
Expense fund 586100
Total 26746287
Profit on sale or increased by adjustment of assets
Mortuary funds 253000
Total 2539MMM
592 Annual Report
All other income
Expense funds 790883
Total 790883
Grand total income
a Mortuary funds 136818256
b Trust funds 83040500
c Juvenile funds 1049
e Expense funds 16491190
g Total income all funds 4 154140900
Amounts carried forward
a Mortuary funds 553883687
b Reserve funds 4145075
c Juvenile funds 1049
e Expense funds 3 18970900
8 Total amount carried forward 577000711
Disbursements
Net amount paid for losses
a Mortuary funds 81487206
g Total 81487206
Legal and administrative expenses in adjustment of claims
Expense funds 625651
Total 625651
Commissions and allowances to deputies and organizers
a Expense funds 7529700
Total 7529700
Salaries of officers and employes
a Expense funds 5112890
Total 5112890
Rents and interest
e Expense funds 519343
Total 519343
Advertising printing postage telegrams etc
a Expense funds 815234
Total 815234
Other disbursements
Mortuary fund taxes repairs and active expenses
on real estate 2955964
Expense funds 3576533
Total 6532497
Total disbursements
a Mortuary funds 844431 70
e Expense funds 18179351
g Grand total disbursements 102622321
Balance before transfers
a Mortuary funds 469440517
b Trust funds 4145075
Juvenile funds 1049
e Expense funds 791549
Balane 1 474378190
Summary of Transfers
March 1920 from the accident fund to the general fund 900000
April 1920 from the accident fund to the general fund 1000000
Ledger Assets
Book value of real estate 30462104
Mortgage loans first liens 279231223 279231223
Bonds at book value 157743333
Deposits at interest per schedule N 6941530
Total ledger assets as per balance No 25 474378190Insurance Department of Georgia
593
NonLedger Assets
Interest due and accrued 11669780
Assessments actually collected by subordinate
lodges not yet turned over to Supreme Lodge 1089U0UU
Surplus account deposited but not yet distributed
to regular accounts 18409lz
Total assets 498778882
Deduct Assets Not Admitted
Other items
Book value of bonds over market value per sched
ule D 34i9UOU
Total not admitted assets 3479000
Total admitted assets 495299882
Liabilities
Net amount of unpaid losses and claims Hft
Salaries and miscellaneous accounts due or accrued insa
Other items 17 onq tro
Advanced assessments
29459956
Total liabilities v
Business in Force
In force December 31st 1919 5Hm82177
Issued revived or increased during year 6428862L76
Deduct ceased to be in force during year slimes
In force December 31st 1920
Business in Georgia
ai 101Q 15300000
In force December 31st 1919 T 6 000 00
Issued revived or increased 159io0ooo
Deductceased tobein forceduring the year lslloooo
In force December 31st 1920
MODERN WOODMEN OF AMERICA
15th Street and Third Avenue Rock Island 111
A R Talbot Head Consul J G Ray Head Clerk
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year 01
a Mortuary funds nsl
e Expense funds 30583 is 11
g Total 1284617020
Income
All other assessments and premiums
a Mortuary funds 2tlMoH2
e Expense funds 196042659
g Total 2540185369
Deduct payments returned name funds
Expense funds 6bst
Total 322637
Interest and rents received name funds
Mortuary and expense fund interest iJlJJJj
Rents expense fund 1365000
Total 47278142
Profit on sale or increase by adjustment of assets
name funds
Mortuary fund KbZSoa
1762855
Total v594 Annual Report
All other income name funds
Refund on 70year withdrawals mortuary fund 930 00
Lodge supplies expense fund Bq K
Advertising official payer expense fund 15352365
Head clerks fund expense fund Ir
Mileage per diem and and expense State
Camp expense fund 16 10
I03 I 21840735
Grand total income
f SLryffU5dS 2390167539
e Expense funds 22056925
g Total income all funds 26 107 444 64
Amounts carried forward
e K8 3468946682
e Expense funds 4264i4802
g Total amount carried forward 3895361484
Disbursements
Net amount paid for losses
a Mortuary funds 171orQ9
f Other funds viz 18521393
70 yr benefits mortuary funds 132530 15
TJ Totai rr 1731774408
WvLl administrative expenses in adjustment of claims
expense tund 4360060
Total
COamExpSense nrlllowances to ePutteTancforianTzersT
a Expense funds 67767003
Total
Salaries of officers and employees 67767003
a Expense funds
Traveling expenses expense fund I zOSSii
Total
Rents 33186480
e Expense funds 1660000
Total
Advertising printing postage telegrams etc
Expense funds 4363362
Total
Insurance dept fees expense fund j TTj
Lodge supplies expense fund 49129240
Total
Loss on sale or decrease by adjustment in assets
Mortuary fund g 490 Q3
Total
49003
Other disbursements
Official publication expense sup lodge meetig
furniture and library taxes and repairs real
estate san chattel san M O all expense
Expennsefiind sliilll
Total
Total disbursements
a Mortuary funds
e Expense funds Ullfll
g Grand total disbursements ioci JQ
Balance before transfers
a Mortuary funds 173687ns51Insurance Department of Georgia
595

e Expense funds 201335
Balance
90
1938211741
137100
110320
Summary of Transfers
Jan 24 1920 from the Benefit fund to the General fund
Julv 22 1920 from the Benefit fund to the General fund
Chapter 22 Section 186Head Camp ByLaws 1917 Revision
Ledger Assets
to 152755845
Book value of real estate T jggg 575 00
Mortgage loans first liens 1328887870
Bonds at book value 326610526
Deposits at interest per schedule N
Total ledger assets as per balance No 25 1938211741
NonLedger Assets
Interest due and accrued 21544809
tAsLstsemeSnts actually collected by subordinate lodges not yet
turned over to supreme lodge
Lodge office and utility supplies furniture library sanator
ium chattel and printing plant inventories
193000000
50538982
Total assets
Deduct Assets Not Admitted
0tLodgeeo1ffice utility supplies furniture library
sanatorium chattel and printing plant in
ventories f
Total riot admitted assets
Total admitted assets
2203295532
50538982
50538982
2152756550
Liabilities
9 82 745 15
Net amount of unpaid losses and claims qfiU0oo
SLioS nd miscellaneous accounts due or accrued 9673000
237947515
Salaries and miscellaneous
Total liabilities
Business in Force
91ot 1Q1Q 162708850000
In force December 31st 191 T 96 752 000 00
lsued revived or increased during yearr 172384050000
Sum 57CrrrVrtVTr 9616950000
Deduct ceased to be in force during year j 62767100000
In force December 31 1920 172384050000
Total
Busines in Georgia
o f ioio 908300000
In force December 31st 1919 182650000
Issued reveived or increased 1090950000
Sum TTirZClZai 338300000
Deduct ceased to be in force during the year 7526500 00
In force December 31 1920 io90950000
Total 5150000
Net losses paid during year 5400000
Net losses incurred during year
MOSAIC TEMPLARS OF AMERICA
904 Broadway Street Little Rock Ark
C1 T7 Bush Sscrstry
Attorney servlcem GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year 32895635
a Mortuary funds T 202 5 05
b Other departments 12728l82
c Juvenile funds 81 77
e Expense funds 31 g5g42
f Other funds
57647441
g Total 596 Annual Report
Income
Aa0tMortSfreySTuennatsS and Prem
e Expense funds 37925709
4176401
g Total
Other payments by members 42102110
Dues and per capita tax
Medical examiners fees 4785661
132545
Totals
Total received from members 2918206
a Mortuary funds
e Expense funds 37925709
7094607
g Total
Deduct payments returned 45020316
Mortuary funds
Expense funds 332225
20895
Total
Net amount received from members 353120
a Mortuary funds
e Expense funds 37593484
7073712
g Total
Interest and rents received 44667196
Bonds
Mortgage loan 579463
Deposits in trust companies MWM
604314
Total
All other income 1433777
nten5e old checks cancelled J i fi0 rn
Other departments 189350
9033420
Total
Grand total income 9222770
a Mortuary funds
e Expense funds 39209186
16114557
g Total income all funds
Amounts carried forward 55323743
a Mortuary funds
e Extended funds 73377703
39593481
g Total amount carried forward
112971184
Net amount paid for losses DurSements
a Mortuary funds mmn
g Total
Nairns3 administative expenssinadjustmenVof 27817578
80662
Total
CTiZl rgasT 80662
Total
Salaries of officers and employees 400100
b Other funds
Total
Rents and interest 4235559
e Expense funds viz 2MBM
Total
Advertising printing postage telegrams etc 236500
a Expense funds 9 697
Total
969796Insurance Department of Georgia
597
Loss on sale or decrease by adjustment in assets
Legal expense 156417
Total 156417
Other disbursements
Expense fund idutwirf
Total 13057993
Total disbursements
a Mortuary funds Jg
e Expense funds 14196265 465 138 43
g Grand total disbursements 46513843
Balance before transfers j
a Mortuary funds SmSS ir
d Annuity funds 253916 66i513Al
Balance 6457341
Ledger Assets
Book value of real estate 15nflno
Mortgage loans first liens iiq778fi0
Bonds at book value 5688020
Cash in office zriT 97oqi4 61
Deposits at interest per schedule N iuiox
Other items 200000
Printing outfit
Total ledger assets as per balance No 25 66457341
NonLedger Assets
oc4 g
Interest due and accrued 22ll5
Market value of assets over book value 1i1
Other items 131292
Interest due on bonds
66806188
Total assets
Deduct Assets Not Admitted
Other items 200000
Printing outfit T
Total not admitted assets f
t 66606188
Total admitted assets
Liabiblities
Net amount of unpaid losses and claims 9045254
Other items 189350
Suspense
9234604
Total liabilities
Business in Force
01 t 1Q1t 3025920000
In force December 31st 1919 T q 821 700 00
Issued revived or increased during year 4ggJ0g
nct55iiSftind5SiMryi5r slIIfiloaori
In force December 31 1920
Business in Geoergia
i 1Q1Q 106920000
In force December 31st 1919 33g 4m 00
Issued revived or increased 140760000
DeducT7easedVeQn7o7cTduHngVhV7ear sKOO
In force December 31st 1920 11750 00
Net losses paid during year n 200 00
Net losses incurred during year 1 fStt
598
Annual Report
NATIONAL UNION ASSURANCE SOCIETY
437 Michigan St Toledo Ohio
D A Helpman President E A Myers Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary funds ssimm
b Reserve funds 841 515 12
e Expense funds iJo
Building 4945365
Total 137994472
Income
Membership fees actually received
a Expense funds g 37 nn
c Total
All other assessments and premiums
a Mortuary funds 147761107
e Expense funds fiwmsi
Protecion fund ZiIZ 1037323 33
g Total 321281221
Other payments by members
Dues and per capita tax c coo
Chg beneficiary win
Reg socials IHIIZII 1 00
Totals 2im 5 891 55
Total received from members
a Mortuary funds 77 K11
e Expense funds VnlinAl
Protection fund ZZZZZZ lwmll
g Total
Deduct payments returned 321874076
Protection fund
Expense fund Vn a
61U48
Total
1 1R o
Net amount received from members
a Mortuary funds 1 477 en a
e Expense funds I HHi
Protection fund ZZZZZTZZZl IoIImijI
g Total 7 3
Interest and rents received
Mortuary fund 5 70q
Reserve fund iikiisn
Protection fund 91 iccJn
Expense fundIZZZZZZIZi 265376
Total
D T 63 22588
Profit on sale or increase by adjustment of assets
Reserve fund C1
Protection fund 1 461 76
ITL 155457
All other income
ReserUvaery i35000
rotercteionv 15
Expense ZZZZZZI ijlils
Grand toTalTncomeT 15352103
a Mortuary funds g 2 404 fi7ft qn
b Reserve funds 184 TRsfii
e Expense funds 11 70734827Insurance Department of Georgia
599
105910834
Protection fund 343591621
481586093
Total income all funds
Amounts carried forward 1 5g7 797 57
a Mortuary funds io2630373
b Reserve funds 72g gyg 09
e Expense funds
f Other funds viz 1 445 62989
Protection fund 49 453 gB
Building fund
481586093
g Total amount earned forward
Disbursements
Net amount paid for losses 003 2g
a Mortuary funds
f Other funds viz 54033075
Protection fund
238133404
g Total
Legal and administrative expenses in adjustment
of claims name funds 432 65
Expense funds
43265
Total
Commissions and allowances to deputies and
organizers 44903597
a Expense funds2
44903597
Total
Salaries of officers and employes 9649858
a Expense funds
9649858
Total
Rents and interest 2 600 00
b Reserve funds 1024750
e Expense funds
1284750
Total
Advertising printing postage telegrams etc 30 B4B 51
a Expense funds 2
3054551
Total
Loss on sale or decrease by adjustment of assets
Name funds 1118826
Reserve funds 4g2 83
Protection funds
1135109
Total
Other disbursements name funds oor
Reserve funds
Expense funds 817721b
8265731
Total
Total disbursements
a Mortuary funds Mfi41
b Reserve funds
e Expense funds 66853237
f Other funds viz
Protection funds 54049358
g Grand total disbursements 306470265
Balance before transfers
a Mortuary funds SIiiiftM
b Reserve funds kri
e Expense funds 49453 65
Building funds 4945db5
600
Annual Report
Protection funds 90513631
Balance K4
17511582 8
Summary of Transfers
May IS from reserve fund to mortuarv fund j000 nn
May 24 from reserve fund to mortuary fund BOOM nn
June 14 from reserve fund to mortuary fund Z 25000 00
July 9 from reserve fund to mortuary fundI 5000000
Sept 3 from reserve fund to mortuary fund 150 OOooo
Dec 31 from building fund to expense fundJ 4915365
Ledger Assets
Book value of real estate
Bonds at book value 10942136
Deposits at interest per schedule N IZZJIZ 223 619 18
Other items give items and amounts
Premium loans secured by reserve 223 85
22385
Total ledger assets as per balance No 25 175115828
NonLedger Assets
Interest due and accrued
Market value of assets over book value isflnnnn
Other items give items and amounts
Assessments collected by Subordinate Lodges
not yet turned over to Supreme Lodge 188 804 76
Net deferred premiums secured by reserve 614919cio
Total assets
80372376
258838728
Deduct Assets Not Admitted
Book value of bonds over market value per
schedule D i
3519SS9
Total not admitted assets
Total admitted assets
3519889
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accruecT
Taxes due or accrued
Other items give items and amounts
Borrowed money
Interest due or accrued on same 111111
Reserve Amer Bxp certificates 3 12 per cent
Reserve Amer Exp certificates 4 per cent
Reserve dividends payable in 1921
Reserve contingencies mortality etc
25531SS39
24050000
2070158
58013
15000000
40000
45S35000
S5744000
5000000
12971865
Total liabilities
164590865
Business in Force
In force December 31st 1919
Issued revived or increased during vear
Sum
190769036
Deduct ceased to be in force during year
In force December 31 1920
Investments in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the year
In force December 31 1920
Net losses paid during year Z
Net losses incurred during year
7518541210
391221600
7909762800
772304800
fl37458000
190302200
200000
190502200
37202200
153300000
6800000
6300000Insurance Department of Georgia
601
UNITED STATES GRAND LODGE OF THE ORDER OF BRITH ABRAHAM
266 ad 268 Grand Street New York N Y
Samuel Dort Grand Master Geo W Leisersohn Grand Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary funds iloinoi
b Reserve funds 2on
c Disability funds inAK i
e Expense funds ooni
f Other funds viz Headstones oSb91
g Total 5 10104221
Income
All other assessments and premiums
a Mortuary funds 3322oHl
a Disability funds bSdb
e Expense funds PI
f Other funds viz Headstones 27000
g Total 36170673
Other payments by members
Expense funds Sosbl
Totals 25861
Total received from members
a Mortuary funds 322il
c Disability funds nwill
e Expense funds XSXXX
f Other funds viz Headstones 27000
g Total 36196534
Net amount received from members
a Mortuary funds 5 i etlli
c Disability funds aitai
e Expense funds SSnnn
f Other funds viz Headstoneszuuu
g Total 36196534
interest and rents received
Mortuary funds rrn5
Reserve funds 255064
Total 352360
All other income u1Uq
Mortuary funds tni
Expense funds Juiiaa
Total 462674
VouarTfunds 884 614299
b Reserve funds 4
c Disability funds S5SfS
e Expense funds
f Other funds viz Headstones dlZ7Uuu
g Total income all funds 37011568
Amounts carried forward
a Mortuary funds wiqnno
b Reserve funds 997706
c Disability funds vtnnosn
e Expense funds rmqi
f Other funds viz Headstonesbbai
g Total amount carried forward 9 47115789
Disbursements
Net amount paid for losses U5KS2 15
a Mortuary funds 77500
c Disability funds S
f Other funds viz HeadstonesJ4b
34370340
g Total 602
Annual Report
Salaries of officers and employes
a Expense funds
Total
Total disbursements
a Mortuary funds
c Disability funds
e Expense funds
f Other funds viz
Headstones
g Grand total disbursements
Balance before transfers
a Mortuary funds
b Reserve funds
c Disability funds
e Expense funds
Headstones
Balance
Summary of Transfers
1208238
Total
Rents and interest
e Expense funds 240399
Total
Advertising printing postage telegrams etc
a Expense funds 309224
Total
Other disbursements
Expense funds
Mortuary funds
1119996
14072
34272287
77500
2877857
34625
20068 25
7243000
150206
422423
31066
April 1 from the reserve fund to the mortuary fund
May 1 from the reserve fund to the mortuary fund
October 1 from the reserve fund to the mortuary fund
November 1 from the reserve fund to the mortuary fund
December 31 from the general fund to the headstone fund
Ledger Assets
Bonds at book value
Cash in office
Deposits at interest per schedule N
Deposits not at interest
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
i Hher items
In hands of subordinate lodges not yet turned over to supreme
body
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued
Other items
Borrowed moneys and interest accrued 932840
Bonds subordinate lodge officers 200 00
Overppayments 3 30
1208238
240399
309224
1134068
37262269
83520
12750
108500
12750
108500
1434
6347080
3481
2902745
600214
9853520
41478
5612647
Total assets 15507645
Deduct Assets Not Admitted
Other items
Boo kvalue of bonds over market value 282800
282800
Total liabilities
15224845
7667900
r2500
953170
8673570Insurance Department of Georgia
603
VALUATION EXHIBIT
AssetsActual and Contingent
Present midyear value of future net contributions 430467319
Admitted assets less 420989 funds not available for claims 148Uci95b
Total 445271275
Amount of general or express fund 420989
Amount of NonAdmitted Assets 282800
LiabilitiesActual and Contingent
Present midyear value of promised benefits 54425484
Accrued liabilities 7617900
Total 551872747
Accrued claims on general or expense fund 72830
Business in Force
In force December 31st 1919 12loqInn
Issued revived or increased during year ll 12 89025000
beductceaiedtobein force during year iH2HJww
Zzh SJlooS
Business in Georgia
In force December 31st 1919 14nnono
Issued revived or increased YYY 15550000
DeTuctYeaieatYeTniorcedYring the year loqnnnnn
In force December 31st 1920 15550000
Total 2 000 00
Net losses paid during year nnnnn
Net losses incurred during year i
MODERN ORDER OF PRAETORIANS
Texas
J N Allen Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Kinds of business done in GeorgiaFraternal Insurance
Ledger assets December 31st 1919 212795579
Praetorian Building Dallas
C B Gardner President
Extended at
Inome
Gross premiums on new business
Gross renewal premiums 4dos
Deduct amount paid for insurance and return pre
miums
212795579
23169386
88349
Total premiums
Interest and rents
Other items
Sale of lodge supplies
895 00605
18158030
85240
Total income
107743875
Carried forward
320539454
Disbursements
Net amount paid policyholders for losses rffr 29241612
Legal and administrative expenses in adjustment of claims
Commissions and allowances to agents
Salaries of officers and employes
Rents and interest
Advertising printing postage telegrams etc
Loss on sale and decrease by adjustment of assets
20252761
6168865
634540
2524510
3432404
Other items
Supplies
Official paper
Expenses supreme
Furniture
Taxes repairs
body
158148
670665
177531
91478
62789074 Annual Report
Discount
Traveling expenses II J
Actuary o63101
Prize 164683
Auditor 77 137070
Inspection 60000
Publication subscriptions HloS
fraternal Cong 395
Bond premiums J
Charity J 55995
Insurance 77 2900
Short by lodges 7777777777777 416 II
8613851
Total disbursements 708906ii
Balance 24964877
Ledger Assets
Book value of real estate
Mortgage loans first lien l361740oo S 5 i s22fl2
Bonds at book value 1361 4000
Cash in office 28403400
Deposits not at interest 7 2500
Agents balances net 07
Other items 4199437
Bills receivable
Policy loans I I 22
1st lien on sale now property 7777777777 150000 00
15621902
Total ledger assets as per balance No 23 2 496 487 72
NonLedger Assets
Interest due and accrued
Market value of assets over book value I 3527146
Other items 59773874
Collections in hands of subordinate bodies
328484
Total assets
313278276
Deduct Assets Not Admitted
Agents balances
Bills receivable 4199437
45227
Total not admitted assets
4244664
Total admitted assets
309033612
T Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued H5nHl
Other items li00266
Advance assessments
Over remittance from lodges 777777777 6308
760201
Total amount of liabilities except capital 777T7777
90ubl0o
Surplus protection to policyholders 1
j 300027507
Business in Force Life Insurance Companies
In force December 31st 1919 Ordinary
Issued revived or increased du7ingyea7777777777777 HmlBOoO
Deduct ceased to be inforcedurin77enr 5424455100
In force December 31st 1920 995956700
4428498400
Business in Georgia
In force December 31st 1919 Industrial
Issued revived or increased 76743100
Sum 777777I i0162000
Deduct ceased to be in force duringthevpar 278368100
In force December 31st 1920 172964100
Net losses paid during year 105404000
Net losses incurred during vear 300000
500000Insurance Department of Georgia 605
RAILWAY MAIL ASSSOCIATION
10 Congress Street Portsmouth N H
E J Ryan President R E Ross Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary and disability funds 5 ninr97
e Expense funds 510527
g Total 15264330
Inome
Membership fees actually received
a Expense funds tooW
c Total 73500
All other assessments and premiums
a Mortuary and disability funds oSn
e Expense funds Z74bbbU
g Total 14844625
Other payments by members
Expense funds naau
Totals 27950
Total received from members
a Mortuarv and disability funds Jj
e Expense funds 284aUU
g Total 14946075
Net amount received from members
a Mortuary and disability funds 0V Y71 nn
e Expense funds 4iuu
g Total 14946075
Interest and rents received
Benefit funds byai
Total 623954
All other income
Expense funds liKi
15246
Total
Grand total income 19799090
a Mortuary and disability funds 9a mqZr
e Expense funds 2862346
g Total income all funds 15585275
Amounts carried forward
a Mortuary and disability funds
e Expense funds S61V6
g Total amount carried forward 30849605
Disbursements
Net amount paid for losses
a Mortuary and disability funds 12b593U
12659030
g Total
Legal and administrative expenses in adjustment of claims
Expense fundsb58Zi
658282
Total
Commissions and allowances to deputies and organizers
a Expense funds abi4
5 86594
Total
Salaries of officers and employes
a Expense funds b13525
613525
Total
Rents and interest 721 sl
e Expense funds
72131
Total s06 Annual Report
Advertising printing postage telegrams etc
a Expense funds 32170
Total 2 217 0g
Loss on sale or decrease by adjustment in assets
Benefit funds 154801
rJVvZ 154801
Other disbursements
Expense funds 2 913 74
tTTI 291374
total disbursements
a Mortuary and disability funds 128 138 31
e Expense funds 2543614
g Grand total disbursements j 153 45
Balance before transfers
a Mortuary and disability funds 146 629 01
e Expense funds v 829259
Balance 15492160
Ledger Assets
Bonds at book value
Deposits not at interest per schedule NII innnnnn
Deposits not at interest 1111111111111 4 47820
Total ledger assets as per balance No 25 154 921 60
NonLedger Assets
Interest due and accrued 1 24 9fl
Total assets nlMM
Other items De3uCt AsSetS Not Aflmied
Book value of bonds over market value 1032815
Total not admitted assets 10 328 15
Total admitted assets I45i86g35
Liabilities
Net amount of unpaid losses and claims u nn
Salaries and miscellaneous accounts due or accrued 7500
Total liabilities Jj
Business in Force
In force December 31st 1919 cR ns nnn
issued revived or increased during year IICTo
Deduct ceidTobelnlorcedu7ing7ear 4 892oonnn
In force December 31st 1920 wSSSSnS
Total 5748800000
6238000000
Business in Georgia
In force December 31st 1919 S 1 52n nnn nn
sumedvved or increasea iiZil
Deduct ceased to be in force duringtheyear Honnnn
In force December 31st 1920 TocJJnS n2
Total 149b00000
Net losses paid during ywJZT 17ine2nnn
Net losses incurred during year 1070000
SUPREME COUNCIL OF THE ROYAL ARCANUM
407409 Shawmut Avenue Boston Mass
IiVC0iSfenber8e SuPreme Regent Samuel N Hoag Supreme Secretarv
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary funds ifiaQoiiiq
b Reserve funds ZZZTZZ lUlfltfiInsurance Department of Georgia 607
t xi 15933236
e Expense funds
S 824001883
g Total
Inome
All other assessments and premiums
a Mortuary funds 294 712 75
e Expense funds
661113153
g Total
Other payments by members 1 531 90
Expense funds 31115
Mortuary funds L
184305
Total
Total received from members 6 316 729 93
a Mortuary funds 29624465
e Expense funds
661297458
g Total
Deduct payments returned 7 50
Expense funds
750
Total
Net amount received from members 6 316 729 93
a Mortuary funds 29623715
e Expense funds
661296708
g Total
Interest and rents received 19 499 75
Mortuary funds 30593964
Reserve funds 4 97g 50
Expense funds
33041589
Total T
Profit on sale or increased by adjustment of assets
Reserve funds
459079
Total
All other Income 811575
Reserve funds T 4 536 72
Expense funds
12 65247
Total
Grand total income 6 33622968
a Mortuary funds 31g 646 18
b Reserve funds 30575037
e Expense funds
0 696062623
g Total income all funds
Amounts carried forward 8 029 444 11
a Mortuary funds J g706 118 22
b Reserve funds 46508273
e Expense funds
1520064506
g Total amount carried forward
Disbursements
Net amount paid for losses g68 44459
a Mortuary funds r
486844469
r Tot31
Legal and administrative expenses in adjustment of claims g
Expense funds
400858
Total
Salaries ad allowances to deputies and organizers 4925730
a Expense funds
4925730
Total
Salaries of officers and employes 9547746
a Expese funds I
9547746
Total

608
Annual Report
Rents and interest
e Expense funds
Total
483150
Atrjj
2975913
Total
RrVefu1 by tmenttaseVs
Total
Other disbursements
otToTVS ha CaSh laPS6S WO74089
Expense funds
1275049
483150
2975913
1275049
selec half cash
5290359
9044678
Total
14335037
now 1 inClUded aS
Total disbursements
a Mortuary funds
b Reserve funds iHan n
e Expense funds I1 27378075
g Grand total disbursements
Balance before transfers
a Mortuary funds ns MJ s
b Reserve funds VqS
e Expense funds I11111111111111 191301 98
Balance

Summary of Transfers
520787952
999276554
July 14 1920 fro mthe W o b fund to ei
July 31 1920 from the W O B fund to emrLncv fund
August 16 1920 from the W O B fund to emgency fund
August 30 1920 from the W OO XltttSgtotir
from the W O B fund to emergency fund
5000000
5000000
10000000
10000000
10000000
10000000
9000000
10000000
10000000
10000000
10000000
10000000
10000000
10000000
7186655
September 15 1920
September 20 1920 from trie W n mm
October 15 1920 from the W O R fu t emergency fund
November 15 1920 from the W 6 R fund t emerSeny fund
December 14 1920 SJ I I S SESKS ffl
Ledger Assets
Book vavlue of real estate
Bonds at book value
Deposits at interest per schedule N 791865220
Other items 101364369
Loans secured by benefit certificates in force
Decembr 31 1920 1
Loans secured by benefit certiflcateFmaturecf by
death unpaid December 31 1920
Assessments and dues reported on U s monthTv
difference lists to War Risk Insurance Bureau
accordance with Soldiers and Sailors Civil Re
96806639
2030448
23223
Total ledger assets as per balance No 25
NonLedger Assets
98860310
Interest due and accrued
Other items
Assessments actually collected hi n4n
turned over to supreme lodge subordlnate lodges not yet
Surplus collected dues by subordinate lodTOBnoVtVT5
over to supreme lodge yet tued
Due from els and grand councils
Ilinting Plant
122042
1936564
999276554
12041782
50671190
800000Insurance Department of Georgia
609
Supplies for sale 1 16881
Printing material 457892
Office furniture 714987
3348366
Total assets 1073337892
Deduct Assets Not Admitted
Bills receivable 122042
Other items
Book value of real estate over market value 2047155
Book value of bonds over market value 50241267
Printing plant 1936564
Printing material 457892
Supplies for sale 116881
Office furniture 714987
Amount of liens under half cash plan 96806639
Total not admitted assets 152443427
Total admitted assets 920894465
Liabilities
Net amount of unpaid losses and claims 55758349
Salaries and miscellaneous accounts due or accrued 154725
Other items
Due councils 41204
Total liabilities 55954278
Business in Force
In force December 31st 1919 22197805801
Issued revived or increased during year 1126123500
Sum 23323929301
Deduct ceased to be in force during year 13036282 48
In force December 31st 1920 220203010 53
Total 22020301053
Business in Georgia
In force December 31st 1919 38317000
Issued revived or increased 2059100
Sum 3852 29900
Deduct ceased to be in force during the year 23102000
In force December 31st 1920 3621279 00
Total 362127900
Net losses paid during year 13114060
Net losses incurred during year 11336000
ROYAL NEIGHBORS OF AMERICA
Safety Building Rock Island 111
Eva Child President Hada M Carlson Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Ga
Balance from previous year
a Mortuary funds 215095476
b Juvenile mortality funds 433061
c Safetv funds 5972776
d Relief funds 89721
e Expense funds 67602956
f Other funds viz Special war funds 7357214
g Total 296551204
Income
Membership fees actually received
a Expense funds 2633100
c Total 2633100
All other assessments and premiums
a Mortuary funds 554294352fisn
610 Annual Report
b Juvenile funds i 1021588
g Total 555315940
Other payments by members name funds
Expense dues and per capita 50298327
Expense certificate card license fees 773175
51071502
Totals i 609020542
Total received from members
a Mortuary funds 554294352
b Juvenile mortality funds 1021588
e Expense funds 53704602
g Total 609020542
Deduct payments returned name funds
Expense 99565
Total 99565
Net amount received from members
a Mortuary funds 554294352
b Juvenile mortality funds 1021588
e Expense funds 53605037
g Total 608920977
Interest and rents received name funds
Mortuary juvenile mortality safety relief
special war and expense 12012542
Total 12012542
Profit on sale or increase by adjustment of assets
name funds
Mortality 433867
433867
All other income name funds
Safety and expense 5567023
Total 5567023
Grand total income
a Mortuarv funds 563843555
b Juvenile funds 1031499
c Safety funds 869685
d Relief funds 1654
e Expense funds 61039846
f Other funds viz Special war 148170
g Total income all funds 626934409
Amounts carried forward
a Mortuary funds 778939031
b Juvenile mortality funds 1464560
c Safety fnds 6842461
d Relief funds 91375
e Expense funds 128642802
f Other funds viz Special war 7505384
g Total amount carried forward 923485613
Disbursements
Net amount paid for losses
a Mortuarv funds j 295221644
b Juvenile funds 524500
gf Total 295746144
Legal and administrative expenses in adjustment
of claims name funds
Expense 249464
Total 249464Insurance Department of Georgia
611
Commissions and allowances to deputies and or
ganizers
a Expense funds
15812682
Total
Salaries of officers and employees
a Expense funds
11955759
Total
Rents and interest
e Expense funds
1043998
Total
Advertising printing postage telegrams etc
a Expense funds
30307713
Total
Loss on sale or decrease by adjustment in assets
Mortuary
Safety
Expense
120585
4590
19206
Total
Other disbursements
Safety 247874
Relief 36270
Total
Total disbursements
a Mortuary funds
b Juvenile funds
c Safety funds
d Relief funds
e Expense funds
295342329
524500
252464
36270
59388822
15812682
11955759
1043998
30307713
g Grand total disbursements
Balance before transfers
a Mortuary funds
b Juvenile funds
c Safetey funds
d Relief funds
e Expense funds
Special war
144481
284144
355544385
183596702
940060
6589997
55105
69253980
7505384
Balance
Summary of Transfers
Dec 31 1920 from the benefit fund to the expense fund
Ledger Assets
Book value of real estate
Bonds at book value
Deposits at interest per schedule N
567941228
168015
1350000
418455905
148135323
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
Market value of assets over book value
Other items
Assessments collected by subordinate lodges not yet turned
over to supreme lodge
567941228
4591566
1150000
49526365
Total assets 623209159
Deduct Asets Not Admitted
Other items
Book value of bonds over market value
1913195
1913195
Total not admitted assets
Total admitted assets 621295964612
Annual Report
Liabilities
Net amount of unpaid losses and claims
fjalanes and miscellaneous accounts due or accrued
Taxes due or accrued
Total liabilities
Business in Force
In force December 31st 1919
Issued revived or increased during year
Sum
Deduct ceased to be in force during year
In force December 31 1920
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during vear
In force December 31 1920
Net losses paid during vear
Net losses incurred during vear
44783526
3500000
75000
48358526
25000
00000
25000
00000
25000
25000
00000
25000
00000
25000
00000
00000
SECURITY BENEFIT ASSOCIATION
701 Kansas Ave Topeka Kansas
L1 Kirkpatrick President J V Abrahams Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary funds 1 54887 57
b Reserve funds 161069621
f Other funds viz 12510281
g Total 179068659
Assessments or premiums during first months of which all or an
extra percentage is used for expenses
a Expense funds 38641328
d Total 38641328
All ather assessments and premiums
a Mortuary funds 284707420
b Reserve funds 2160789
e Expense funds 51412001
g Total 338280210
Other payments by members
Cft fees 345345
Total 345345
Total received from members
a Mortuary funds 284707420
g Reserve funds 2160789
e Expense funds 90398674
g Total 377266883
Deduct payments returned
Assessments returned 356417
Total r 356417
Net amount received from members
a Mortuary funds 284351003
b Reserve funds 21607 89
e Expense funds 90398674
g Total 376910466
Interest and rents received
Rents 1716247
Reserve fund 7007618
General fund 1052873
Total 9776738Insurance Department of Georgia
613

Profit paid in contract on real estate
Reserve fund 25000
Total 25000
Grand total income
a Mortuary funds 2843r1003
b Reserve funds 9l93407
e Expense funds 91451547
Rents 1716247
g Total income all funds 386712204
Amounts carried forward
a Mortuary funds 289838760
g Reserve funds 170263028
e Expense funds 1039 61828
Rents 1716247
g Total amount carried forward 565780863
Disbursements
Net amount paid for looses
a Mortuary funds 2827254 01
e Expense funds 800000
g Total 283525401
Legal and administrative expenses in adjustment of claims
General 1499347
Total 1499347
Commissions and allowances to deputies and organizers
a Expense funds 48614303
Total 48614303
Salaries of officers and employes
a Expense funds 13185505
Total 13185505
Rents and interest
e Expense funds 89994
Rents 89972
Total 989719
Advertising printing postage telegrams etc
a Expense funds 7118889
Total 7118SS9
Loss or decrease payments in R E by contract
Reserve 25000
Total 25000
Other disbursements
Reserve 364235
Total 3642 35
Total disbursements
e Expense funds 23935714
239357 14
g Grand total disbursements 379258113
Balance before transfers
b Reserve funds 169873793
c Rent funds 816522
Balance 186522750
SUMMARY OF TRANSFERS
Dec 81 from rent fund to reserve fund 780100
Ledger Assets
Book value of real estate 16514403
Mortgage loans first liens 83681304
Bonds at book value 31798426
Deposits at interest per schedule N 54475355614
Annual Report
Other items
Bills receivable
Total ledger assets as per balance No 25 1
NonLedger Assets
Interest due and accrued
Other items
Assessments collected by subordinate lodges and not yet turned
over to National Office
Total assets i
Total admitted assets 2
Liabilities
Net amount of unpaid losses and claims
Reserves
American Ex whole life
American Life 20pay
Whole life N F CII
Nat American W D
Nat American 20pay I
Total liabilities
Business in Force
In force December 31 1920 233682 277
53262
86522750
2150699
31791754
220465203
220465203
59638049
22795
204115
100067
455064
380862
60800952
87501900
TRAVELERS PROTECTIVE ASSOCIATION OF AMERICA
915 Olive Street St Louis Mo
R J White President t c t
Attorney for service in GeorgiaWilliam A Wright Jsufannllfsione
T Atlanta Ga
Balance from previous year
a Benefit funds Ke one co
b Reserve funds lqqjnnfi
e Expense fundsZ 4312214
g Total 49882932
Income
Membership fees actually received
Benefit funds 5451600
c Total 5451600
All other asesments and premiums
a Benefit funds 58059964
e Expense funds 191 95344
g Total 77255808
Other payments by members name funds
Transfer and changes 29550
Totals 29550
Total received from members
a Benefit funds 63511564
e Expense funds 19225394
g Total 82736958
Deduct payments returned name funds
Benefit fund 536268
Expense funds 526909
Total 1063177
Net amount received from members
a Benefit funds 62975296
e Expense funds 186984SS
g Total 81673781Insurance Department of Georgia 615
Interest and rents received name funds 2638512
Total 2683512
All other income name funds
Sale of lodge suplies 16290
Total 16290
Grand total income
a Benefit funds 64332411
b Reserve funds 974843
e Expense funds 19021329
g Total income all funds 84328583
Amounts carried forward
aBenefit funds 89963093
b Reserve funds 20914879
e Expense funds 23333543
g Total amount carried forward 134211515
Disbursements
Net amount paid for losses
a Benefit funds 47629820
g Total 47629820
Legal and administrative expenses in adjustment
of claims name funds
Expense funds 1705478
Total 1705478
Commissions and allowances to deputies and organizers
ganizers
a Expense funds 1539615
Total 15396 IT
Salaries of officers and employes 3283517
Total 3283517
Rents and interest
e Expense funds 444534
Total 44453 1
Advertising printing postage telegrams etc
a Expense fundst 1955882
Total 1955882
Loss on sale or decrease by adjustment in assets
name funds
Reserve fund 63960
Expense fund 119933
Total 183893
Other disbursements name funds
Expense fund 5885675
Total 5885675
Total disbursements
Benefit funds 47629820
b Reserve funds 63960
e Expense funds 14934634
g Grand total disbursements 62628414
Balance before transfers
a Benefit funds 42333273
b Reserve funds 20850919
e Expense funds 8398909
71583101
Summary of Transfers
May 1920 from expense fund to benefit fund 4500000616
Annual Report
Ledger Assets
Bonds at book value
Deposits at interest per schedule N
Other items
Office furniture 473535
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
Total assets
Deduct Assets Not Admitted
Book value of bonds over market value 207135
Office fixtures 473535
Total not admitted assets
Total admitted assets
Liabilities
Net amount of unpaid losses and claims
Other items
Advanced payments 53644 00
Bills payable 304558
Total liabilities
Business in Force
In force December 31st 1919 412
Issued revived or increased during year 133
Sum 545
Deduct ceased to be in force during year 67
In force December 31 19201 477
Business in Georgia
In force December 31st 1919 j5
Issued revived or increased 5
Sum 2i
Deduct ceased to be in force during the year 4
In force December 31 192 17
Net losses paid during year
Net losses incurred during year
Investments in Georgia
Bonds 322380
Total investments in Georgia 1
53190135
17919431
473535
71583101
754501
72337602
680670
71656932
10821604
5668958
16490562
66500000
25000000
91500000
97500000
94000000
59500000
79500000
39000000
14000000
25000000
866064
100000
322380
THE ORDER Or UNITED COMMERCIAL TRAVELERS OF AMERICA
638 N Park Street Columbus O
W B Emerson President w D Murphy Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Ga
Balance from previous year
a Mortuary funds 72809 28
b Reserve funds 607 711 21
c Disability funds 85J71L57
d Building and suspense funds 2o9s89
f Other funds Widows and orphans 136o3ol05
g Total 97013699
Income
W and O funds 5827000
c Total 5S 270 0
a Mortuary funds 27263650Insurance Department of Georgia
617
b Reserve funds
c Disability funds
e Expense funds
10905460
43621840
27263650
Total 109054600
Other payments name funds
Per capita tax W O fund
64500
Totals
4864500
Total received from members
a Mortuary funds
b Reserve funds
c Disability funds
e Expense funds
f Other funds viz Widows and orphans
27263650
10905460
43621840
27263650
10691500
S
Total p 119746100
Deduct payments returned name funds
W O fund
79450
Total
79450
Net amount received from members
a Mortuary funds
b Reserve funds
c Disability funds
e Expense funds
f Other funds viz W O
27263650
10905460
43621840
27263650
10612050
g Total 119666650
Interest and rents received name funds
General expense4057780
General expense 541400
Death 81406 W O 591786
Reserve 3063129 Expense 87333
Disability 224971
Building 9155
4599180
Total
Profit on sale or increase by adjustment of assets
name funds
Reserve funds
1147940
Total
Al other income name funds
W O funds 43275
Reserve funds 69345
Suspense funds 827459
Expense funds 2119411
Total
4599180
1147940
3059490
b
Grand total income
a Mortuary funds
Reserve funds
Disability funds
d Suspense and building funds
e Expense funds
f Other funds viz W O
27345056
15185874
43846811
836614
30011794
11247111
gTotal income all funds 128473260
Amounts carried forward
a Mortuary funds
b Reserve funds
c Disability funds
d Building and suspense funds
e Expense funds
f Other funds viz W O
34625984
75956995
52417968
1046003
36589893
24850116
g Total amount carried forward 225486959618
Annual Report
Disbursements
Net amount paid for losses
a Mortuary funds 38163500
c Disability funds 35242248
e Expense funds 6647966
g Total 80053714
Legal and administrative expenses in adjustment
of claims name funds
General expense funds 1360473
Total 1360473
Salaries of officers and employes
a Expense funds 6111089
Total 6111089
Advertising printing postage telegrams etc
a Expense funds 3364550
Total 3364550
Loss on sale or decrease by adjustment of assets
name funds
Reserve funds 533450
Total 533450
Other disbursements name funds
Expense funds 15198809
W O funds 1000
Suspense funds 817221
Total 16017030
Total disbursements
a Mortuary funds 38163500
b Reserve funds 533450
c Disability funds 35242248
d Suspense funds 817221
f Other funds viz W O 6648969
e Expense funds 26034
g Grand total disbursements 107440306
Balance before transfers
a Mortuary funds Overdrawn 3537516
b Reserve funds 78423545
c Disabilitv funds 17175720
d Suspense funds 228782
e Expense funds 10554972
W O funds 18201150
Balance 118046653
Summary of Transfers
From death fund to widows and orphans fund 7051417
From general expense fund to death fund 2500000
From widows and orphans fund to death fund 7000000
From death reserve fund to death fund 6959949
From general expense fund to W O reserve fund 542574
From widows and orphans fund to W O reserve fund 485755
From death fund to death weekly fund 7410000
Ledger Assets
Book value of real estate t 3916600
Bonds at book value 69200000
Cash in office Ji 29
Deposits at interest per schedule N 4 i
Deposits not at interest 4458743
Other items
War Stamp certificate 356676
356676
Total ledger asstts as per balance No 25
118046653Insurance Department of Georgia
619
NonLedger Assets
Interest due and accrued 1001100
Market value of real estate over book value 3512900
Other items
Assessments collected by subordinate lodges net 19971600
Turned over to Supreme Lodge 954710
Dues from Subordinate and Grand Councils 2191671
Furniture and fixtures 1130256
Stationery and supplies 1061415
Total assets 145678634
Deduct Assets Not Admitted
Bills receivable 954710
Other items
Book value of bonds over market value 1865000
Furniture and fixtures 1130256
Stationery and house supplies 1061415
Total not admitted assets 5011381
Total admitted assets 140667253
Liabilities
Net amount of unpaid losses and claims 24036964
Salaries and miscellaneous accounts due or accrued 82233
Other items
Suspense account 38763
38763
Total liabilities 24157960
Business in Force
In force December 31st 1919 84697 42348500000
Issued revived or increased during year21252 10626000000
Sum 105949 52974500000
Deduct ceased to be in force during year 6212 3106000000
In force December 31 192099737 49878500000
Investments in Georgia
In force December 31st 1919 1037 518500000
Issued revived or increased 257 128500000
Sum1294 647000000
Deduct ceased to be in force during the year 179 89500000
In force December 31 19201115 557500000
WOMANS BENEFIT ASSOCIATION OF THE MACCABEES
Port Huron Mich
Miss Bina West President Miss Frances D Partridge Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Ga
Balance from previous year
a Mortuary funds 19448344
b Reserve funds 1239605520
c Patriotic funds 2686087
d Junior funds 347073
e Hospital and fraternity funds 32392236
f Expense funds 3746695
Total 1298225963
Income
Membership fees actually received
a Expense funds 870110
cTotal 870110
Assessments of premiums during first months
of which all or an extra percentage is used
for expenses
a Expense funds 26372672fSHK
620
Annual Report
b Mortuary funds 10274295
Total 36646967
All other assessments and premiums
a Mortuary funds 202121057
b Junior funds 771166
e Expense funds 48956821
g Total 251849044
Other payments by members name funds
Patriotic funds 17279
Hospital service and fraternal funds 13146665
Totals 13163944
Total received from members
a Mortuary funds 212395352
c Patriotic funds 17279
d Junior funds 771166
e Hospital service and fraternal funds 13146665
f Expense funds 76199603
g Total 302530065
Deduct payments returned name funds
Mortuary funds 328791
Junior funds 780
Hospital service and fraternal funds 6970
Expense funds 157663
Total 494204
Net amount received from members
a Mortuary funds 212066561
b Patriotic funds 17279
c Junior funds 770386
d Hospital and fraternal funds 13139695
e Expense funds 76041940
g Total 302035861
Interest and rents received name funds
Mortuarv funds 890094
Reserve funds 62312099
Patriotic funds 128386
Junior funds 15016
Hospital funds 1333S06
Expense funds 1 253989
Total 64933390
Profit on sale or increase by adjustment of assets
name funds
Mortuary funds 10248
Reserve funds 301323
Expense funds 330
II S and fraternal funds 20
Total 311921
All other income name funds
Expense funds 2295
Total 2295
Grand total income
a Mortuarv funds 212966903
b Reserve funds 6 1155114
c Patriotic funds 145665
e Hospital service and fraternal funds 14473521
Expense funds 76298554
g Total income al funds 368S25159
Amounts carried forward
a Mortuary funds 232415247
b Reserve funds 1303760642
c Patriotic funds 2831752
il Junior funds 1132475
e Hospital service and fraternal funds 46865757Insurance Department of Georgia 621
f Expense funds 80045249
g Total amount carried forward 1667051122
Disbursements
a Mortuary funds 167853612
c Patriotic funds 6470
d Junior funds 137500
e Hospital service and fraternal funds 5328780
f Expense funds 28020
g Total 173354382
Legislative and administrative expenses in ad
justment of claims
Expense funds 2386568
Total 2386568
Commissions and allowances to deputies and or
ganizers
a Expense funds 38504579
Total 38504579
Salaries of officers and employes
a Expense funds 14014507
Total 1 14014507
Rents and interest
e Expense funds 1189692
Total 1189692
Advertising printing postage telegrams etc
a Expense funds 7235237
Total 7235237
Loss on sale or decrease by adjustment of assets
name funds
Mortuary funds 6304
Reserve funds 2804916
Patriotic funds 5815
H S and P funds 19760
Expense funds 5750
Total Total 2842545
Other disbursements name funds
Expense funds J 7654058
Hospital service and fraternal funds 16570
Total 7670628
Total disbursements
a Mortuary funds 167859916
1 Reserve funds 2804916
c Patriotic funds 12285
d Junior funds 137500
e Expense funds 71018411
f Hospital service and fraternal funds 5365110
g Grand total disbursements 247198138
Balance before transfers
a Mortuary funds 64555331
b Reserve funds 1300955726
c Patriotic funds 2819467
Junior funds 994975
Hospital service and fraternal funds 41500647
Expense funds 9026838
1419852984
Summary of Transfers
Jan 31 1920 from mortuary fund to reserve fund 2376678
May 31 1920 from mortuary fund to reserve fund 1633894
June 30 1920 from mortuary fund to reserve fund 5707395
July 31 1920 from mortuary fund to reserve fund 7085749
An 31 1920 from mortuary fund to reserve fund 6029565
Spt 30 1920 from mortuary fund to reserve fund 5839870
Oct 31 1920 from mortuary fund to reserve fund 6978368MriBBHfa
622
Annual Report
Nov 30 1920 from mortuary fund to reserve fund 5495644
Dec 30 1920 from mortuary fund to reserve fund 6133474
Ledger Assets
Book value of real estate 57674209
Bonds at book value 1305088300
Cash in office 5266072
Deposits at interest per schedule N 51824403
Total ledger assets as per balance No 25 1419852984
NonLedger assets
Interest due and accrued 14140646
Other items
Assessments actually collected 21100000
Per capita tax in hands of collectors 3502220
Furniture and office equipment 1612852
Supplies printed matter and stationery 4689327
30904399
Total assets 1464898029
Deduct Assets Not Admitted
Furniture etc 1612852
Supplies etc 4689327
Total not admitted assets 6302179
Total not admitted assets 1458595850
Liabilities
Net amount of unpaid losses and claimss 21342152
Salaries and miscellaneous accounts due or accrued 7034523
Taxes due or accrued 36500
Total liabilities 28413175
WOMENS CATHOLIC ORDER OP FORESTERS
140 N Dearborn Street Chicago 111
Marv L Downes President Anna E Phelan Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Ga
Balance from previous year
a Mortuary funds 10917953
b Reserve funds 331188278
e Expense funds 5593626
f Other funds viz Convention funds 3000000
g Total 350699857
Income
All other assessments and premiums
a Mortuary funds 149815324
e Expense funds 9814864
f Other funds viz
Knights of Columbus 400
Church extension fund 15680
g Total 159646268
Deduct payments returned name funds
Mortuary fund 92108
Expense fund 3535
Total 95643
Net amount received from members
a Mortuary funds 149723216
e Expense funds 9811329
f Other funds viz
hurch extension 15680
Knights of Columbus 400
g Total 159550625Insurance Department of Georgia
623
Interest and rents received name funds
Reserve funds 16896376
Convention funds 70780
Total 16967156
Profit on sale or increase by adjustment of assets
name funds
Maturity of bonds reserve funds 39983
Total 39983
All other income name funds
Expense funds 1408329
Total 1408329
g Total income all funds 177966093
Amounts carried forward
a Mortuary funds 160641169
b Reserve funds 348208137
e Expense funds 16729784
f Other funds viz
Convention funds 3070780
Knights of Columbus 400
Church extension 15680
g Total amount carried forward 528665950
Disbursements
Net amount paid for losses
a Mortuary funds i 122173276
g Total 122173276
Legal and administrative expenses in adjustment
of claims name funds
Expense fund 432280
Total 432280
Commissions and allowances to deputies and or
ganizers
a Expense funds 1965185
Total 1965185
Salaries of officers and employes
a Expense funds 2692423
Total 2692423
Rents and interest
a Mortuary funds ibOOOO
Total 360000
Advertising printing postage telegrams etc
a Expense funds 1347474
Total 1347474
Loss on sale or decrease by adjustment of assets
name funds
Reserve funds 5 95781
Total 95781
Other disbursements name funds
Expense funds 2261523
Total 2261533
Total disbursements
a Mortuary funds 122173276
b Reserve funds 95781
e Expense funds 9058885
f Other funds viz
Knights of Columbus 400
Church extension 15680
g Oraml total disbursements 131344022624 Annual Report
Balance before transfers
a Mortuary funds 38467893
b Reserve funds 348112356
e Expense funds 7670899
Balance 1 397321928
Summary of Transfers
From general fund to mortuary fund 1534
From mortuary fund to reserve fund 30091673
From mortuary fund to general fund 853
From general fund to convention fund 2000000
Ledger Assets
Bonds at book value 377212008
Deposits at interest per schedule N 20109920
Total ledger assets as per balance No 25 397321928
NonLedger Assets
Interest due and accrued 6359450
Other items
Assessments collected by Subordinate Lodges
not yet turned over to the Supreme Lodge
estimated 11880500
Total assets r 415561878
Deduct Assets Not Admitted
Other items
Book value of bonds over market value 12087108
Total not admitted assets 12087108
Total admitted assets 403474770
AT Liabilities
Net amount of unpaid losses and claims 14378122
Total liabilities 14375122
SUPREME FOREST WOODMEN CIRCLE
14 th and Farnam Sts Omaha Nebraska
Mary E LaRocca President Dora Alexander Talley Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
b Reserve funds 20980878
c Disability funds 760327901
e Expense funds 76132
g Total 781232647
Income
Assessments or premiums during first 12 months
months of which all or an extra percentage
is used for expenses
a Expense funds 61380724
b Mortuary funds 34570000
d Total 9595072
All other assessments and premiums
a Mortuary funds 185625171
e Expense funds 23782154
g Total 20940725
Other payments by members name funds
Expense funds 10931260
Totals 10931260
Total received from members
b Reserve funds 220195171
Insurance Department of Georgia 625
e Expense funds 96094138
g Total 316289309
Deduct payments returned name funds nissan
Mortuary funds iImri
Expense funds 140981
Total
Net amount received from members
a Mortuary funds 2
e Expense funds 9595310
B Total 315029998
Interest and rents received name fundsT
Mortuary funds InXoSe
Expense funds l0093t
Total 39821902
Profit on sale or increase by adjustment of assets
Mortuary fund linii
Reserve funds U4
Total lfiUM
All other Income name funds
EVpense funds 181 b97Z
Mortuary funds 45001
Total 2921973
Grand total income
a Mortuary funds 258917448
b Reserve funds 77054
e Expense funds 98931065
g Total income all funds 357925567
Amounts carried forward
a Mortuary funds 279898326
b Reserve funds 760404955
e Expense funds 98854933
g Total amount carried forward 1139158214
Disbursements
Net amount paid for losses
a Mortuary funds 156520442
g Total 156520442
Legal and administrative expenses in adjustment
of claims name funds
Expense funds 70916
Total 70916
Commissions and allowances to deputies and or
ganizers
a Expense funds 18376040
Total 18376040
Salaries of officers and employes
a Expense funds 18886500
Total 18886500
ents and interest
e Expense funds 1606471
Total 1606471
Advertising printing postage telegrams etc
aBxpense funds 6803551
Total 6803551626
Annual Report
Loss on sale or decrease by adjustment of assets
name funds
Reserve funds
1227593
Total
Other disbursements name funds
Expense funds
24671706
Total
1227593
24671706
Total disbursements
a Mortuary funds 156520442
b Reserve funds 1227593
e Expense funds 70415184
g Grand total disbursebments 228163219
Balance before transfers
a Mortuary funds 123377884
b Reserve funds 759177362
e Expense funds 28439749
Balance 910994995
Summary of Transfers
Various dates from beneficiary fund to emergency fund
Ledger Assets
Mortgage loans first liens
107279796
Ponds at book value
Cash n office
Deposits at interest per schedule N
Other items
War Saving Stamps
82800
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
Other items
Assessments collected by Subordinate lodges not
yet turned over to Supreme Lodge
Furniture and fijtures supplies printed matter
inventories
25000000
5803615
5000000
I 61257158
1779006
42S76031
82800
10994995
15763747
30803615
Total assets
Deduct Assets Not Admitted
Furniture and fixtures supplies printed matter
etc inventories
Total not admitted assets
Total admitted assets
957502357
03615
5803615
951758742
Liabilities
Net amount of unpaid losses and claims
Salaries and miscellaneous accounts due or accrued
Other items
Advanced assessments 1561349
Protested remittances in process of adjustment 43791
37157518
3119683
1605140
Total liabilities
Business in Force
In force December 31st 1919 211
Issued revived or increased during year 15
Sum 227
Deduct ceased to be in force during year 65
In force December 31 1920162
41882341
99070000
93390000
92460000
88360100
04099900
Total 22792460000Insurance Department of Georgia
627
Business in Georgia
In force December 31st 1919 4
Issued revived or increased
Sum
Deduct ceased to be in force during the year Ji
In force December 31 1920 f
Total 4
Net losses ijaid during year
Net losses incurred during year
Investments in Georgia
Bonds 4500000
Total investments in Georgia
25510000
45570000
71080000
71944800
99135200
71080000
3107028
3205111
4500000
SOVEREIGN CAMP Or THE WOODMEN OE THE WORLD
14 and Farnam Streets Omaha Neb
W A Fraser President Jno T Yates Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Balance from previous year
a Mortuary funds ocLAaa
b Reserve funds J
e Expense funds ijUncnoi
f Other funds viz Emergency funds 35b4i9b931
Total 3610836102
Income
Membership fees actually received 3904237
c Total 3904237
Assessments or premiums during first months
of which all or an extra percentage is used for
a Expensefunds lni5nrtR
b Mortuary funds A0840087
d Total 798223155
All other assessments and premiums
a Mortuary funds llAarii
e Expense funds i5EoieJ
f Other funds viz Emergency funds 11458584
Dues and per capita tax expense 835435
g Total 802895545
Other payments by members name funds
Sovereign Visitor subscriptions Zl 60005
21600025
Totals 1626622962
Total received from members
aMortuary funds krq
e Expense funds Vt Ho
f Other funds viz 114o8f84
g Total 1626622962
Deduct payments returned name funds
Mortuary funds iljaii
Expense funds84t86b
Total 1767273
Net amount received from members
a Mortuary funds AIYit
e Expense funds 6Hl
f Other funds viz Emergency funds 11408584
K Total 162485568968 Annual Report
intftLr B received funds
SSSTUjEEE igfililili
Total
206670442
nameSafSn0dsinCreaSe by of assets
Emergency funds
977828
Total
in 977828
All other income name funds
Expense funds tnftM
Total
Pj t 25993049
jrand total income
a Mortuary funds
e Expensefunds 981858679
t Other funds viYf Eene funTs MSJSSSIS
Total income all funds ZZtlZ 858497008
Amounts carried forward
a Mortuary funds i r 079 i i fid
b Reserve funds illliS
e Expense funds 8t4044
f OthPeer luBiEmTrencyfundS sjjIljf
g Total amount carried forwardx 54igB888110
Disbursements
Net amount paid for losses
a Mortuary funds 998081553
g Total
998081553
Legal and administrative expenses in adjustment
of claims name funds
Expense funds 6703884
Total
6703884
Commissions and allowances to deputies and or
ganizers
a Expense funds 83596265
Total 83596265
Salaries of officers and employes
a Expense funds 65331330
Total 65331330
Rents and interest
e Expense funds 50 gg8 32
Total rn6S832
Advertising printing postage telegrams etc
a Expense funds 28909849
Total
28909849
Decrease by adjustment in assets
Emergency funds 5425110
Total 54251i0
Other disbursements name funds
Expense funds 130991012
Ttal 130991012
Total disbursements
a Mortuary funds t qnonoit
e Expense fundszzzzzzzzzzzzzzzzz tisolloiiInsurance Department of Georgia
629
f Other funds viz Emergency funds 5425110
1324107835
g Grand total disbursements 4145225275
Balance before transfers
a Mortuary funds 9149616
b Reserve funds 8634044
e Expense funds 375371230
f Other funds viz Emergency funds 3752070385
Balance 4145225275
Summary of Transfers
Various dates from general fund to emergency fund 8886056
Dec 31 from general fund to emergency fund 34772267
Dec 31 from reserve fund to mortuary fund 8634044
Ledger Assets
Book value of real estate1 170202491
Mortgage loans first liens 12300000
Bonds at book value 3809391385
Cash in office 2349251
Deposits at interest per schedule N 150931798
Other items 50350
Total ledger assets as per balance Xo 25 4145225275
NonLedger Assets
Interest due and accrued 40915415
Other items
Assessments actually collected in hand of subordinate camp
due from Camps inventory liens on certificates accounts
receivable 387327377
Total assets 4573468067
Deduct Assets Not Admitted
Accounts receivable inventory liens on certifi
cates 229779537
Total not admitted assets 229779537
Total admitted assets 4343688530
Liabilities
Net amount of unpaid losses and claims 242828818
Salaries and miscellaneous accounts due or accrued 10171422
Other items
Miscellaneous 3949701
3949701
Total liabilities 256949941
Investments in Georgia
Bonds 21998284
Total investments in Georgia 21998284
THE WORKMENS CIRCLE
175 East Broadway New York N Y
E H Jeshurin President Joseph Baskin Secretary
Attorney for service in GeorgiaWilliam A Wright Insurance Commissioner
Atlanta Ga
Balance from previous year
a Mortuary funds I25HJ
b Reserve funtls 8257670
c Disability funds 8454
e Expense funds 1114722630
Annual Report
f Other funds viz Sanatorium funds 145 300 57
Voluntary contributions 3703813
g Total
123826209
Income
Membership fees actually received
b Reserve funds 10200
c Total
3370200
Ai0MoerrtuaSrSySfTnednstS m
b Reserve funds If 18264965
c Disability funds 9201077
e Expense funds 27865200
f Other funds viz 12387518
Sanatorium funds 97m Q
Total
77502765
0tETpePnasemundby members name funds
voluntary contr7buTf0n7 Itlult
Totals
9451393
Total received from members
a Mortuarv funds
b Reserve funds 5 18264965
c Disabilitv funds 12571277
e Expense funds 27865200
f Other funds viz 15017428
Sanatorium funds
Voluntary contributions 2HJHS
g Total
Deduct payments returned namefunds7 90324358
Sanatorium funds 01
Mortuary funds 166481
Disabilitv funds 407484
Expense funds 476215
219071
TotfM
Net amount received from members 1269251
a Mortuary funds
b Reserve funds Hl
c Disability funds 1SHJH
e Expense funds f J
f Other funds viz 14798357
Sanatorium funds 17K
Voluntary contributions 68214 83
g Total
Interest and rents received name funds 89055107
Mortuary funds CQ
Reserve funds Si
Disability funds Mi
444
Total
4770358
front on sale or increase by adjustment of assets
name funds
Reserve funds 530 00
Total
All other income name funds
Reserve funds rQJ
Disability funds 5ie ie
Expense funds
Sanatorium funds H
Voluntary contributions 01
Suspense funds 38 59471
Total
9123020Insurance Department of Georgia
631
Grand total income
a Mortuary funds i
b Reserve funds 17tli 1
c Disability funds Z12i
e Expense funds 17318675
f Other funds viz
Sanatorium funds 12166299
Voluntary contributions 6822798
Suspense funds 3852471
g Total income all funds 103001485
Amounts carried forward
a Mortuary funds 31328879
b Reserve funds 99993486
c Disability funds 35996494
e Expense funds 18433397
f Other funds viz
Sanatorium funds 26696356
Voluntary contributions 10526611
Suspense funds 3852471
g Total amount carried forward 226827694
Disbursements
Net amount paid for losses
a Mortuary funds 9744793
c Disability funds 20719149
g Total 30463942
Legal and administrative expenses in adjustment
of claims name funds
Expense funds 315900
Total 315900
Commissions and allowances to deputies and or
ganizers
a Expense funds iimn
Total 1190117
Salaries of officers and employes
a Expense funds 352d94
3523945
Total
Rents and interest
b Reserve funds rrX
e Expense funds2iltbs
m 254107
Total v
Advertising printing postage telegrams etc 7i1Q
a Expense funds5 774419
Total 774419
Loss on sale or decrease by adjustment of assets
name funds X 9 400 00
Reserve funds 4707
Sanatorium funds49ao
1419795
Total
Other disbursements name funds 110011
Reserve funds Traf loolnos
Expense funds iq711 4S
Sanatorium funds iJAaii
Voluntary contributions
Suspense funds 3652477
35285612
Total
Total disbursements q
a Mortuary hinds 1055755
b Reserve hinds 20719149
c Disability funds 1sVin2
e Expense funIs 1839607632
Annual Report
f Other funds viz
Sanatorium funds
Voluntary contributions
Suspense funds
g Grand total disbursements
Balance before transfers
Mortuary funds
Reserve funds
Disability funds
Expense funds
Other funds viz
Sanatorium funds
Voluntary contributions
Suspense Funds
Balance
Ledger Assets
Book value of real estate
Mortgage loans first liens
Bonds at book value
Cash in office
Deposits at interest per schedule N
Deposits not at interest Sanatorium Department
Other items
P O Passaic
Branches
Memb at large
Branch supplies
Machinery F F Friend Department
Plates
Furniture and fixturesZ
Sanatorium F F
Sanatorium live stock
Sanatorium celebration
Postage
Special reimbursement
Paper
Books
Total ledger assets as per balance No 25
NonLedger Assets
Interest due and accrued
Other items
Administration fund
Convention fund
Organization fund
Publications
Theatrical production
Total assets
Deduct Assets Not Admitted
Line 34
Deferred assessments 1 38 1
Book value of bonds over market value
Total not admitted assets
Total admitted assets
12450943
7208648
3652477
21584086
98937731
15277345
37325
14245413
3317963
199994
25361
3676573
106551
5200IS
75976
300000
520312
1654986
158147
31824
701
111703
342000
1522140

601993
684074
228832
836771
10510
9046292
2362180
3961095
73227837
153599S57
9966157
10250000
114248595
250000
9588813
250000
Liabilities
Net amount of unpaid losses and claims
Other items
Applications for approval
W C Cemetery Department
Sanatorium deposits
Canadian exchange
Labor leagues

68300
20776
39708
3311
50000
9046292
153599857
1441070
23621SO
157403107
15369567
142033540
59191Insurance Department of Georgia
633
H Klipper
H Horn
Suspense
Uncolleeted checks cancelled
Voluntary contributions
4100
4100
38715
60692
2493849
27835hi
Total liabilities
8702736
130282435
37525
15369567
104206600
5987485
13940167
VALUATION EXHIBIT
AssetsActual and Contingent
Admitted assets less 37325 general expense and other funds
not available for claims
Amount of general expense fund
Amount of nonadmitted assets
Present midyear value of promised benefits reserve
Accrued liabilities less those against funds not available for
Net sick and accident fund less proportion of not admitted
assets
THal 124110252
Assets item 8 to liabilities item 20 per c 10501
Ratio actual to required mortuary reserve per c 10591
Business in Force
Tn ioie December 31st rJ9 2016140000
Issue revived or increased during year 375420000
Sun 2391560000
Deduct ceased to be in force during year 204470000
in force December 31 1920 2187090000
Total 2391560000
Business in Georgia
In force December 31st 1919
Issued revived or increased
Sum
Deduct ceased to be in force during the year
In force December 31 1920
Total
Net losses paid during year
Net losses incurred during year
7190000
1180000
8370000
1060000
7310000
8370000
40000
40000Insurance Department of Georgia
635
INDEX
FIRE COMPANIES
A
ABEILLE FIRE INSURANCE CO OP PARIS FRANCE
Statement of 17
AETNA INSURANCE CO HARTFORD CONN
Statement of 18
AGRICULTURAL FIRE INS CO WATERTOWN N Y
Statement of 21
ALLIANCE INS CO PHILADELPHIA PA
Statement of 2J
AMERICAN ALLIANCE CO NEW YORK
Statement of 25
AMERICAN CENTRAL IMS CO ST LOUIS
Statement of 21
AMERICAN DRUGGISTS FIRE INS CO CINCINNATI OHIO
Statement of 28
AMERICAN EAGLE FIRE INS CO NEW YORK
Statement of 30
AMERICAN INSURANCE CO NEW JERSEY
Statement of 32
ATLANTIC MUTUAL FIRE INS CO GEORGIA
Statement of 34
ATLAS ASSURANCE CO NEW YORK N Y
Statement of 36
AUTOMOBILE INS CO CONN
Statement of 38
B
BANKERS AND SHIPPERS INS CO NEW YORK
Statement of 41
BOSTON INSURANCE COMPANY MASS
Statement of 42
BRITISH AMERICA ASSURANE CO CANADA
Statement of 45
C
CALEDONIAN INS CO NEW YORK N Y
Statement of 1
CALIFORNIA INSURANCE CO CALIFORNIA
Statement of 43t36 Annual Report
CAMDEN FIRE INSURANCE ASSOCIATION CAMDEN N J
Statement of
51
CENTRAL MANUFACTURERS MUTUAL INS CO VAN WERT O
Statement of J u
CITIZENS INSURANCE CO ST LOUIS MO
Statement o
57
CITY OF NEW YORK INS CO NEW YORK NY
Statement of
5
COLUMBIA INSURANCE CO NEW JERSEY
Statement of
59
COMMERCIAL UNION ASSURANCE CO LTD NEW YORK N Y
Statement of r
60
COMMERCIAL UNION FIRE INS CO NEW YORK
Satement of
COMMONWEALTH INS CO NEW YORK
Statement of
64
CONCORDIA FIRE INS CO MILWAUKEE WIS
Statement of
65
CONNECTICUT FIRE INS CO HARTFORD CONN
Statement of
67
CONTINENTAL INS CO NEW YORK
Statement of
72
COUNTY FIRE INS CO PHILADELPHIA PA
Statement of
72
D
DIXIE FIRE INSURANCE CO GREENSBORO N C
Statement of
80
E
EAGLE STAR BRITISH DOMINION INS CO NEW YORK
Statement of nli
76
EQUITABLE FIRE MARINE INS CO PROVIDENCE R T
Statement of
7 7N
F
FEDERAL INSURANCE CO JERSEY CITY N J
Statement of
FIDELITY FIRE INSURANCE CO SUMTER S C
Statement of
g3
FIDELITYPHENIX INS CO NEW YORK N Y
Statement of
4
FIDELITYUNION FIRE INSURANCE CO DALLAS TEXAS
87
FIRE ASSOCIATION OF PHILADELPHIA PA
Statement of
88
FIREMANS FUND INS CO CAL
Statement of
gi
Insurance Department of Georgia 637
FIREMENS INSURANCE CO N J
Statement of 93
FITCHBURG MUTUAL FIRE INS CO MASS
Statement of d3
FRANKLIN FIRE INS CO PHILADELPHIA PA
Statement of 97
G
GEORGIA HOME INS CO COLUMBUS GA
Statement of 9
GIRARD FIRE INS CO PENN
Statement of 101
GLENS FALLS INSURANCE CO N Y
Statement of 103
GLOBE RUTGERS FIRE INS CO N Y
Statement of 105
GREAT AMERICAN INS CO NEW YORK
Statement of 108
THE GREAT SOUTHERN FIRE INSURANCE CO ATLANTA GA
Statement of 110
H
HANOVER FIRE INS CO NEW YORK
Statement of 112
HARDWARE MUTUAL FIRE INS CO STEVENS POINT WIS
Statement of 114
HARTFORD FIRE INS CO CONN
Statement of llb
HOME FIRE MARINE INS CO SAN FRANCISCO CAL
Statement of
HOME INSURANCE CO NEW YORK N Y
Statement of
HUDSON INSURANCE CO NEW YORK
Statement of
I
IMPORTERS AND EXPORTERS INS CO NEW YORK
Statement of
INDIANA LUMBERMENS INS CO INDIANAPOLIS IND
Statement of
INSURANCE CO OF NORTH AMERICA PA i2g
Statement of
INSURANCE CO OF STATE OF PENN PHILADELPHIA
Statement of
L
IIYKRPOOL LONDON GLOBE INS CO NEW YORK N Y
Statement of 638 Annual Report
LONDON ASSURANCE CORPORATION NEW YORK N Y
Statement of 1J5
LONDON LANCASHIRE INS CO N Y
Statement of 138
LONDON SCOTTISH ASSURANCE CORP LTD NEW YORK N Y
Statement of 140
LUMBER MUTUAL FIRE INS CO BOSTON MASS
Statement of 144
LUMBERMENS MUTUAL INS CO MANSFIELD OHIO
Statement of 142
M
MARINE MOTOR INSURANCE COMPANY OF AMERICA TEXAS
Statement of 146
MARYLAND MOTOR CAR INS CO BALTIMORE MD
Statement of 148
MASSACHUSETTS FIRE MARINE INS CO MASS
Statement of 149
MECHANICS INS CO PHILADELPHIA PA
Statement of 151
THE MERCANTILE INSURANCE CO OF AMERICA
Statement of 154
MERCANTILE MUTUAL FIRE INSURANCE CO
Statement of 156
MILLERS MUTUAL FIRE INSl CO OF TEXAS
Statement of 157
MILWAUKEE MECHANICS INS CO WIS
Statement of igg
MINNESOTA IMPLEMENT FIRE INS CO
Statement of 161
N
NATIONAL BEN FRANKLIN INS CO PA
Statement of lg3
NATIONAL FIRE INS CO OF HARTFORD
Statement of lg5
NATIONAL LIBERTY INS CO OF NORTH AMERICA NEW YORK
Statement of Igg
NATIONALE FIRE INSURANCE COMPANY PROVIDENCE R I
Statement of j
NATIONALE FIRE INSURANCE COMPANY OF PARIS FRANCE
Statement of 172
THE NATIONAL MUTUAL INSURANCE COMPANY CELINA OHIO
Statement of 17
NATIONAL UNION ASSURANCE SOCIETY TOLEDO OHIO
Statement of 75
NATIONAL UNION FIRE INS CO PA
Statement of1 178Insurance Department of Georgia
639
NEWARK FIRE INS CO N J
Statement of
ISO
NEW BRUNSWICK FIRE INS CO N J 18a
Statement of
NEW HAMPSHIRE FIRE INS CO N H
Statement of
NEW JERSEY INSURANCE CO N
Statement of
NEW ZEALAND INS CO SAN FRANCISCO
Statement of
NIAGARA FIRE INSURANCE CO OF NEW YORK
Satement of
NORTH BRITISH AND MERCANTILE INS CO N Y U S BRANCH
Statement of
NORTHERN ASSURANCE CO OF NEW YORK
Statement of
NORTHERN INSURANCE CO OF NEW YORK
Statement of
NORTH RIVER INSRANCE CO N Y
Statement of
NORWICH UNION FIRE INS CO ENGLAND NEW YORK
Statement of
184
186
188
190
192
194
197
199
201
OHIO HARDWARE MUTUAL INSURANCE CO COSHOCTON OHIO
Statement of
ORIENT INSURANCE CO CONN
Statement of
203
204
PACIFIC FIRE INSURANCE CO N Y
Statement of
PALATINE INSURANCE CO NEW YORK
Statement of
PALMETTO FIRE INS CO SUMTER S C
Statement of
PENNSYLVANIA FIRE INS CO PHILADELPHIA PA
Statement of
PENNA LUMBERMENS MUTUAL FIRE INS CO PA
Statement of
PENNA MILLERS MUTUAL FIRE INS CO BARRE PA
Statement of
PEOPLES NATIONAL FIRE INSURANCE COMPANY PA
Statement of
PHENIX FIRE INSURANCE CO OF PARIS FRANCE
Statement of
PHOENIX ASSURANCE CO LTD NEW YORK
Statement of
207
208
210
212
214
215
217
224
220640 Annual Report
PHOENIX INS CO HARTFORD CONN
Statement of 222
PROVIDENCE WASHINGTON INS CO R I
Statement of 226
Q
QUEEN INSURANCE CO OF AMERICA N Y
Statement of 228
R
RHODE ISLAND INSURANCE CO R I
Statement of 231
ROYAL EXCHANGE ASSURANCE N Y
Statement of 232
ROYAL INSURANCE CO LTD N Y
Statement of 05
S
SAVANNAH FIRE INSURANCE CO GA
Statement of
SCANDINAVIAN AMERICAN ASSURANCE CORP NEW YORK
Statement of 2jq
SCOTTISH UNION AND NATIONAL INS CO CONN
Statement of
SECURITY INSURANCE CO CONN
Statement of
243
SOUTHERN MUTUAL FIRE INSURANCE CO GA
Statement of
i4b
SPRINGFIELD FIRE AND MARINE INS CO MASS
Statement of
STANDARD FIRE INSl CO CONN
Statement of or
250
STAR INS CO OF AMERICA NEW YORK
Statement of
252
STERLING FIRE INS CO IND
Statement of
254
STUYVESANT INSURANCE CO N Y
Statement of
25g
SUN INSURANCE CO NEW YORK
Statement of
257
SUPERIOR FIRE INSURANCE COMPANY PA
Statement of
25S
SRVEA FIRE AND LIFE INS CO N Y
Statement of
2gl
ST PAUL FIRE MARINE INSURANCE COMPANY MINN
oiRtcment of
263Insurance Department of Georgia 641
T
TOKIO MARINE FIRE INS CO NEW YORK
Statement ot 266
U
U S BRANCH SUN INSURANCE OFFICE N Y
Statement of 257
UNION ASSURANCE SOCIETY LTD N Y
Statement of 268
UNION FIRE INS CO OF PARIS FRANCE
Statement of 269
UNION INS SOCIETY OF CANTON CHICAGO
Statement of 271
UNITED FIREMANS INSURANCE COMPANY PA
Statement of 273
UNITED STATES FIRE INS CO N Y
Statement of 275
URBAINE FIRE INS CO NEW YORK
Statement of 27i
V
VICTORY INSURANCE COMPANY OF PHILADELPHIA PA
Statement of 279
VIRGINIA FIRE AND MARINE INSURANCE COMPANY RICHMOND
VA
Statement of 281
W
WESTCHESTER FIRE INS CO N Y
Statement of 283
WESTERN ASSURANCE CO CANADA
Statement of 285
THE WORLD AUXILIARY INSURANCE COMPANY LTD CHICAGO
Statement of 2S7
Y
YORKSHIRE INSURANCE CO LTD N Y
Statement of 289
LIFE COMPANIES
A
AETNA LIFE INSURANCE CO CONN
Statement of 292
AMERICAN CENTRAL LIFE INS CO IND
Statement of 294642 Annual Report
AMERICAN NATIONAL INSURANCE CO TEXAS
Statement ot Jab
ATLANTIC LIFE INSURANCE CO VA
Statement of 29i
B
BANKERS RESERVE LIFE CO NEBRASKA
Statement of 301
C
CAROLINA LIFE INS CO COLUMBIA S C
Statement of 3W
CLOVERLEAF LIFE AND CASUALTY CO ILL
Statement of 8
COLUMBIAN NATIONAL LIFE BOSTON MASS
Statement of 306
THE CONNECTICUT MUTUAL LIFE INSURANCE COMPANY HART
FORD
Statement of 30
CONSERVATION LIFE INS CO WHEELING W VA
Statement of 31
E
EQUITABLE LIFE ASSURANCE SOCIETY NEW YORK
Statement of 312
F
FEDERAL LIFE INSURANCE CO ILL
Statement of 315
FIDELITY MUTUAL LIFE PHILADELPHIA PA
Statement of 317
FRANKLIN LIFE INSURANCE CO ILL
Statement of 319
G
GEORGE WASHINGTON LIFE INS CO W VA
Statement of 321
GUARDIAN LIFE NEW YORK
Statement of 323
H
HOME LIFE INSURANCE CO N Y
Statement of 324
I
ILLINOIS LIFE INS CO ILL
Statement of 326
INDIANA NATIONAL LIFE INS CO IND
Statement of 327Insurance Department of Georgia 643
INTERNATIONAL LIFE INS CO MO
Statement of 330
INTERSOUTHERN LIFE INS CO KY
Statement of 33J
INTERSTATE LIFE ACCIDENT CO TENN
Statement of 334
J
JEFFERSON STANDARD LIFE INS CO N C
Statement of 335
L
LIFE INSURANCE CO OF VA
Statement of 340
LIFE AND CASUALTY CO OF TBNN
Statement of 338
LINCOLN RESERVE LIFE INS CO ALA
Statement of 342
M
MANHATTAN LIFE NEW YORK
Statement of 344
MARYLAND ASSURANCE CORPORATION MD
Statement of 345
MARYLAND LIFE INS CO MD
Statement of 349
MASSACHUSETTS MUTUAL LIFE INS CO MASS
Statement of 35I
METROPOLITAN LIFE INSURANCE CO N Y
Statement of 353
MICHIGAN MUTUAL LIFE INS CO MICH
Statement of 349
MISSOURI STATE LIFE INS CO MO
Statement of 35g
MORRIS PLAN INS SOCIETY NEW YORK
Statement of 353
MUTUAL BENEFIT LIFE INS CO NEWARK N X
Statement of 359
MUTUAL LIFE INS CO NEW YORK
Statement of 3gl
N
NATIONAL LIFE INS CO MONTPEDIER VT
Statement of 353
NATIONAL LIFE INS CO OF THE U S OF A ILL
Statement of 357
NATIONAL LIFE AND ACCIDENT INSURANCE CO TENN
Statement of 365
NEW ENGLAND MUTUAL LTFE INS CO MASS
Statement of 369
644 Annual Report
NEW YORK LIFE INS CO N Y
Statement of 3T0
N C MUTUAL AND PROVIDENT ASSOC
Statement of 373
NORTHWESTERN MUTUAL MILWAUKEE WIS
Statement of 874
P
PACIFIC MUTAL LOS ANGELES CAL
Statement of 376
PAN AMERICAN LIFE INS CO NEW ORLEANS LA
Statement of 377
PENN MUTUAL LIFE INS CO
Statement of 379
PHOENDC MUTUAL LIFE INS CO CONN
Statement of 381
PROVIDENT LIFE AND ACCIDENT INS CO CHATTANOOGA TENN
Statement of 383
PROVIDENT LIFE TRUST PHILADELPHIA PA
Statement of 385
PRUDENTIAL INS CO NEWARK N J
Statement of 387
R
RELIANCE LIFE INS CO OF PITTSBURG PA
Statement of 390
RESERVE LOAN LIFE TXS CO IND
Statement of 392
S
SKOURITY MUTUAL LIFE INS CO BINGHAMTON N Y
Statement of 393
THE SOUTHERN INSURANCE CO TENN
Statement of 395
SOUTHERN STATES LIFE
Statement of 397
STAXDARD LIFE INS CO GA
Statement of 399
STATE LIFE INS CO INDIANAPOLIS IND
Statement of 401
STATE MUTUAL LIFE ASSURANCE CO MASS
Statement of 403
THE SorTHKRX TNSRANCE TENN
Statement of s95
T
TRAVELERS INSURANCE LIFE DEPARTMENT CONN
Statement of 04Insurance Department of Georgia 645
u
UNION CENTRAL LIFE INS CO OHIO
Statement of 40g
UNITED LIFE AND ACCIDENT INS CO N H
Statement of1 40s
V
VOLUNTEER STATE LIFE INS CO TENN
Statement of
MISCELLANEOUS COMPANIES
A
AETNA CASUALTY AND SURETY CO CONN
Statement of
AMERICAN CASUALTY CO PENN
Statement of
AMERIAX CREDITINDEMNITY CO OF NEW YORK
Statement of
415
AMERICAN INDEMNITY CO TEXAS
Statement of
AMERICAN MUTUAL LIABILITY INSURANCE COMPANY MASS
Statement of a
418
AMERICAN SURETY CO OF NEW YORK
Statement of
C
COLUMBIA CASUALTY COMPANY
Statement of
COMMONWEALTH CASUALTY CO PA
Statement of
4J3
CONTINENTAL CASUALTY CO ILL
Statement of1
E
EMPLOYERS INDEMNITY CORPORATION MISSOURI
Statement of
42
EMPLOYERS LIABILITY ASSURANCE CO BOSTON MASS
Statement of
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE II S NEW
YORK N Y
Statement of
F
FEDERAL CASUALTY CO MICH
Statement of
431
FIDELITY AND CASUALTY CO OF NEW YORK
Statement of
FIDELITY AND DEPOSIT CO OF MD
Statement of
4J4646 Annual Report
FIDELITY UNION CASUALTY COMPANY TEXAS
Statement of 436
G
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORA
TION LTD PA
Statement of 437
GEORGIA CASUALTY CO GA
Statement of 438
GLOBE INDEMNITY CO N Y
Statement of 440
HARTFORD ACCIDENT AND INDEMNITY CO CONN
Statement of 442
HARTFORD LIVE STOCK INSURANCE CO NEW YORK N Y
Statement of 444
HARTFORD STEAM BOILER INSPECTION AND INS CO CONN
Statement of 445
I
INTEGRITY MUTUAL CASUALTY CO CHICAGO
Statement of i 448
INDEMNITY INSURANCE COMPANY OF NORTH AMERICA
Statement of 447
INTERSTATE CASUALTY CO ALA
Statement of 450
L
LIBERTY MUTUAL INS CO MASS
Statement of 452
LLOYDS PLATE GLASS INSURANCE CO N Y
Statement of 453
LONDON GUARANTEE AND ACCIDENT CO LTD
Statement of 455
LOYAL PROTECTIVE INS CO MASS
Statement of 457
LUMBERMENS MUTUAL CASUALTY CO CHICAGO
Statement of 458
LUMBER MUTUAL CASUALTY INS CO OF NEW YORK
Statement of 460
M
MARYLAND ASSURANE CORPORATION
Statement of 463
MARYLAND CASUALTY CO MD
Statement of 464
MASONIC PROTECTIVE ASSOCIATION MASS
Statement of 467
MASSACHUSETTS BONDING AND INSURANCE CO MASS
Statement of 468Insurance Department of Georgia 647
METROPOLITAN CASUALTY INSURANCE CO OF NEW YORK
Statement of 470
N
NATIONAL CASUALTY CO MICH
Statement of 42
NATIONAL RELIEF ASSURANCE CO PA
Statement of 473
NATIONAL SURETY CO N Y
Statement of 5
NEW AMSTERDAM CASUALTY CO NEW YORK
Statement of 477
NEW YORK PLATE GLASS INSURANCE CO
Statement of 479
NORTH AMERICAN ACCIDENT INSURANCE CO ILL
Statement of im
NORWICH UNION INDEMNITY COMPANY NEW YORK N Y
Statement of 482
O
OCEAN ACCIDENT AND GUARANTEE CORN LTD NEW YORK
Statement of 481
P
THE PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALI
FORNIA
Statement of 485
PREFERRED ACCIDENT INSURANCE CO OF NEW YORK
Statement of 487
R
R1DGELY PROTECTIVE ASSOCIATION MASS
Statement of 49
ROYAL INDEMNITY CO N Y
Statement of 490
S
SOUTHERN COOPERATIVE FIRE INS CO MACON GA
Statement of 492
STANDARD ACCIDENT INSURANCE CO MICH
Statement of 493
STANDARD MARINE INSURANCE CO LTD N Y
Statement of 495
T
THAMES MERSEY INS CO NEW YORK
Statement of 497
TRAVELERS INDEMNITY CO CONN
Statement of 499
THE TRAVELERS INSURANCE CO CONN
Statement of 500648 Annual Report
u
UNION MARINE INS CO NEW YORK
Statement of 504
UNITED STATES LLOYDS INS CO NEW YORK
Statement of 5O9
UNITED STATES CASUALTY CO N Y
Statement of 506
UNITED STATES FIDELITY AND GUARANTY CO MD
Statement of 508
INDUSTRIAL LOCAL COMPANIES
A
AMERICAN INSURANCE CO GA
Statement of 512
ATLANTA MUTUAL INS CO GA
Statement of 513
B
BANKERS HEALTH AND LIFE INS CO GA
Statement of 514
BRUNSWICK MUTUAL LIFE AND HEALTH INS CO GA
Statement of 51g
C
CHATHAM MUTUAL LIFE AND HEALTH INS CO GA
Statement of 517
F
FIRESIDE MUTUAL INS CO GA
Statement of gig
G
GEORGIA MUTUAL INDUSTRIAL LIFE AND HEALTH INS CO GA
Statement of 522
GUARANTEE MUTUAL LIFE AND HEALTH INS CO GA
Statement of 520
I
INDUSTRIAL LIFE AND HEALTH INS CO GA
Statement of 523
L
LIFE AND HEALTH INSURANCE OF AMERICA GA
Statement of 527
LIBERTY MUTUAL LIFE AND HEALTH INS CO GA
Statement of rrt
P
PEOPLES HEALTH AND LIFE INSURANCE CO GA
Statement of jg
PILGRIM H L INSURANCE CO GA
Statement of 529Insurance Department of Georgia 649
ASSESSMENT FIRE COMPANIES
B
BARTOW COUNTY MUTUAL FIRE ANI STORM INSCO GA
Statement of 532
F
FARMERS COOPERATIVE FIRE INS CO JACKSON CO GA
Statement of 5nr
FARMERS COOPERATIVE INS ASSN FLOYD CO GA
Statement of
5od
FARMERS MUTUAL FIRE INSURANCE CO OF GEORGIA
Statement of 5o
FARMERS MUTUAL INSURANCE ASSOCIATION
Statement of coc
FARMERS PROTECTIVE FIRE INSURANCE CO OF GEORGIA
Statement of 53g
G
GEORGIA FARMERS FIRE INSURANCE COMPANY GA
Statement of
537
GORDON COUNTY MUTUAL FIRE INSURANCE CO GA
Statement of r
8
SOUTH GEORGIA FARMERS FIRE INS CO GA
Statement of
544
SOUTHEASTERN MUTUAL FIRE INSURANCE CO GA
Statement of r
G
GUARANTEE FUND LIFE ASSOCIATION NEB
Statement of g
M
MASONIC MUTUAL ACCIDENT CO MASS
Statement of
540
N
NATIONAL LIFE ASSOCIATION GA
Statement of
NATIONAL LIFE ASSOCIATION IOWA
Statement of g
FRATERNAL SOCIETIES
A
AMERICAN INSURANCE UNION OTTTO
Statement of s47
AMERICAN WOODMEN SUPREME CAMP OF DENVER COL
Statement of 550
AMERICAN WORKMEN THE D C
Statement of 552650 Annual Report
B
BENEFIT ASSN OF RY EMPLOYEES ILL
Statement of 04
C
CATHOLIC KNIGHTS OF AMERICA MO
Statement of 53
COLUMBIAN CIRCLE THE ILL Rr
Statement of
COLUMBIAN WOODMEN EMINENT HOUSEHOLD OF GA
Statement of
F
FRATERNAL ATT UNION THF KANSAS
Statement of hH
G
GOLDEN OROS ttnttED ORDER OF TENN
Statement of 569
GOLDEN SEAT AHTTRTfTT POCTFY N Y
Statement of 571
GRANFi FR i tptivtttY THE PA
Statement of 74
H
HERALDS OF TIBFRTY PA
Statement of 576
K
KNIGHTS ow COT TTMTiUS CONN
Statement of
KNIGHTS ow PYTHIAS SUPREME LODGE IND
Statement of 580
M
MACCABEES THE MICH
Statement of 583
MAOOABFFS WOMANS BENEFIT ASSN MICHIGAN
Statement of 619
MASONTO MTTTUAT LIFE ASSOCIATION THE WASHINGTON D C
Statement of 587
MASONS ANNUITY GEORGIA
Statement of 590
MODERN BROTHERHOOD OF AMERICA IOWA
Statement of 591
MODERN ORDER OF PRAETORIANS TEXAS
Statement of 603
MODERN WOODMEN OF AMERICA ILL
Statement of 593
MOSAIC TEMPLARS OF AMERICA ARK
Statement of 595Insurance Department of Georgia 651
N
NATIONAL UNION ASSURANCE SOCIETY OHIO
Statement of 598
R
RAILWAY MAIL ASSOCIATION N H
Statement of 505
ROYAL ARCANUM SUPREME COUNCIL MASS
Statement of goc
ROYAL NEIGHBORS OP AMERICA ILL
Statement of 609
S
SOCIETY BENEFIT ASSOCIATION KANSAS
Statement of 612
SECURITY BENEFIT ASSOCIATION KANSAS
Statement of 612
T
TRIBE OF BENHUR SUPREME COUNCIL INDIANA
Statement of 556
TRAVELERS PROTECTIVE ASSOCIATION OF AMERICA MO
Statement of 614
THE ORDER OF UNITED COMMERCIAL TRAVELERS OF AMERICA
OHIO
Statement of 616
U
UNITED STATES GRAND LODGE OF THE ORDER OR BRITH
ABRAHAM NEW YORK N Y
Statement of 601
W
WOMANS CATHOLIC ORDER OF FORESTERS ILL
Statement of 22
WOODMEN CIRCLE NEBRASKA
Statement of 24
WOODMEN OF THE WORLD SOVEREIGN CAMP NEBRASKA
Statement of 627
WORKMENS CIRCLE THE NEW YORK
Statement of 62964
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AtUNIVERSITY OF GEORGIA LIBHARIES
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