INFORMATION REI.ATING TO INSURANCE AND THRIFT 



29 



I91O 



\ Ohio. 



( Kansas . . 



Balance 



\ Ohio . . 

 ^ \ Kansas . . 



Balance 



Ohio 



1912 



I Kansas . . . 

 Balance 



1913 



Ohio. 



1914 



Kansas 

 Balance 



Ohio 



) Kansas 

 Balance 

 \ Ohio 



1915 



] Kansans . . 

 Balance 



Premium 

 Payment 



5>90o 

 5.400 



5.900 

 5.400 



5.900 

 5.400 



5.900 

 5.400 



5.900 

 5.400 



5.900 

 4,400 



Losses 

 1,000 



none 



none 

 none 



7,000 

 1,000 



none 

 8,000 



none 

 3,000 



2,000 

 3,000 



Reserve and 



Operations 



Account 



10,300 



80,500 



11,300 

 91,800 



3.300 



95,100 



8,300 



106,700 

 6,300 



113,000 



This company insured fifty-nine places in Ohio and fifty-four in Kansas 

 against killing frost, after a date named in each poHcy which was determined 

 for each place on the basis of the records of the Weather Bureau. The date 

 selected was four days later than that which was the latest date of a kill- 

 ing frost, in 90 per cent, of all the years for which a record has been kept, in 

 the place in question. The margin of four days is necessary to cover the 

 cost of doing business and to provide a small reserve for prompt payments. 



The following tables show, by way of example, the rates demanded in a 

 single county by companies insuring, respectively, against spring and au- 

 tumn frosts : 



