Book Description
Excerpt from Nineteenth Annual Report of the Insurance Commissioner of the Commonwealth of Massachusetts, January 1, 1874, Vol. 1: Fire and Marine Insurance The deficiency referred to is most conspicuous in the returns of Companies chartered in other States and countries. These have generally diminished their risks and losses, while ih creasing their premium receipts. The late disastrous experi ence of Foreign Companies doing business in this country, particularly, has induced them to exercise the greatest cau tion in writing American risks, and leading in some cases to an extensive cancellation of policies. But the business of Massachusetts Companies for 1873 exhibits an apparent in crease, due not only to their general recuperation and recov ery Of local patronage, but also to the fact that a large amount of business transacted by the failed Companies does not appear in the returns of 1872. But irrespective of the latter circumstance, the manifest growth of local business is the more gratifying, in View of the fact that the operations Of many of the newly organized Home Companies cover but a portion of the year under review. 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.
