Twenty First Annual Report Of The Insurance Commissioner Of The Commonwealth Of Massachusetts Vol 2

Author : Massachusetts Insurance Commissioners
Publisher : Forgotten Books
ISBN 13 : 9781330359662
Total Pages : 356 pages
Book Rating : 4.3/5 (596 download)

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Download or read book Thirty-First Annual Report of the Insurance Commissioner of the Commonwealth of Massachusetts, Vol. 2 written by Massachusetts Insurance Commissioners and published by Forgotten Books. This book was released on 2015-06-25 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Thirty-First Annual Report of the Insurance Commissioner of the Commonwealth of Massachusetts, Vol. 2: January 1, 1886; Life, Casualty and Guarantee Insurance To the Honorable the Senate and the House of Representatives: The preparation of the Second Part (Life and Casualty) of the Thirty-first Annual Report of the Department is complete. The date of its distribution in the customary book form to the public now depends upon the expedition of the publishers. While the department's resources are diligently employed to submit the report at the earliest day possible, the Commissioner considers thoroughness of preparation and accurate verification of more consequence then speed in publication. This report is made several weeks earlier in season than the promptest of its predecessors. For which acceptable circumstance I have renewed occasion to thank the skilful diligence of Deputy Commissioner Smith and the actuarial force under his charge. The labor of valuation of life policies, which is the principal labor in the preparation of the report, increases year by year. The Department valued 782,605 policies in force December 31. 1885, insuring $1,975,878,524, exclusive of policies of industrial insurance. This is an increase of 209,936 in number of policies and $557,612,019 in amount of insurance since 1880; and more than justifies the request I preferred to the legislature for an increase of a thousand dollars in the annual appropriation for the work of valuation. The life companies, as for several years past, are (exclusive of the Hospital Life) twenty-seven in number, of which five are organized under and subject to the laws of this Commonwealth, and twenty-two are corporations of other of the United States. The Casualty and other insurance companies are ten. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.