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 C7J AtUNIVERSITY OF GEORGIA LIBHARIES 3 ElDfi D5424 E141