REPORT OF TIlE COMMISSIONER OF INSURANCE.
Ledger assets date of commencing business, Feb. 15, 1999
Income


139


Gross deposits written since organization:
1. Employers Indemnity Exchange.... $317,496.63
2. Plate glass department .............  7,185.01
3. Automobile department .....   ........  44,212.58
Total deposits              . ..................  $368,894.22
Less gross deposits cancelled:
1. Employers Indemnity Exchange.... $30,354.34
2. Plate glass department .............    576.25
3. Automobile department .....   .......  8,147.12
Total cancellations ......    .................  39,077.71
Net 'deposits  ......  .................  $329,816.51
Gross interest received ........... ......................  2,999.22
Total  income  .......   .....................  $332,815.73


Disbursements
Paid subscribers for losses:
1. Employers Indemnity Exchange..... $80,954.99
2. Plate glass department .............  2,542.88
3. Automobile department .....  .......  5,516.91
Total losses paid....................
Dividends or savings returned to subscribers:
1. Employers Indemnity Exchange .... $35,562.67
2. Plate glass department .............   927.36
3. Automobile department ............   1,525.45


$89,014.78
38,015.48
90,640.22


Paid for commission to attorney:
1. Employers Indemnity Exchange....
2. Plate glass department.............
3. Automobile department ............
Advisory committee expenses:
Auditing. books .....................
American Reciprocal Association dues
Countersigning checks, Fidelity Trust
Company.
Legal fees ...........................
Miscellaneous items ..................
Insurance department fees............


$81,211.19
1,575.95
7,853.08


$610.20
1,170.60
200.00
350.00
1,466.41
75.00


Legal
St


fees, for collection account, charged to individual      3,872.21
ibscribers .   ......................................       253.10
Total disbursements ..........     ...................  $221,795.79
Balance .                                      $111,019.94