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REPORT OF THE COMMISSIONER OF INSURANCE.


GENERAL REMARKS.
TOWN MUTUALS.
These companies made a very good showing during the year
1912. The insurance written increased over $9,000,000. The
insurance in force now amounts to over $427,000,000, an in-
crease over the previous year of $23,000,000. While the losses
increased a little over those of 1911, they did not increase in pro-
portion to the increase of insurance written for the same period.
Assets beginning of year, page lxviii of previous
report .     ..............................  $634,747.07
Errors corrected ...........................       1,468 . 00
Correct assets, page xlviii of this report .  .   $63 6,215 . 07
Income.
Premiums ................$300,677.54
Assessments .................... 597,147. 99
Policy fees .................     65,244.41
Total ......              $963,069. 94
Deduct for reinsurance and dividends 11,292. 96
Net amount paid by policy holders.. $951,776. 98
All other income ................ 167,102. 61
Total income ............  ...........    1,118,879.59
Total assets of previous year and income .......  $1,755,094.66


Disbursements.
Paid for losses.               $78 9,461. 41
Total expenses ....1... 157,192.25
All other disbursements .......... 150,58 9 . 63
Total disbursements ................
Balance ..........................
Insurance.
In force at beginning of year, page lxxvii of
previous report ........................
Errors corrected ...........


1,097,243.29
$657,851.37
$403,858,735.86
289,791.00


Correct amount in force at beginning of year
page lxxvi of this report ............... .  $404,148,526.86
Written and renewed during the year. . .     110,145,494.41
Total ..                             .$514,294,021.27
Terminated during the year .86,820,389.26
In force at end of year .$427,473,632.01
Admitted assets at end of year page ...........  $648,99 5. 65
Liabilities end of year page lxix.               76,748 . 68