48 



UNITED STATES - INSURANCE AND THRIFT 



Policy exhibit. 



Number of policies issued in 1912 2.505 



Number of losses reported in 1912 433 



Number of losses allowed during 1912 . . . 411 



Number of policies effected 391 



Total amount of losses allowed for season 1912 $105,339.54 



Expenses paid for adjusting same 2,447.62 



making it cost 2.32 % to adjust the losses. 



Approved adjustments were paid at 55 % of loss allowed in 1912. 



Income. 



Cash in hands of State Treasurer Dec. 31st, 1912 .... $3,175.89 



Cash received as payment of policies issued in 1913. . . . 27,214.37 



Total amount received during the year . . . $30,390.26 



Disbursements. 



Paid losses incurred during 1912 ... . . . $1,559.42 



Paid losses incurred during 1913 24.890.78 



Paid agents for adjusting same 694.53 



Clerk hire 1,927.50 



Postage 53-86 



Printing 377-00 



Express 21.22 



Total disbursements during 1913 . . . $29,524.31 

 Balance cash on hand Dec. ist, 1913 $865.95 



Policy exhibit. 



Number of policies issued in 1913 733 



Number of losses reported in 1913 91 



Number of losses allowed in 1913 89 



Number of policies effected 88 



Total amount of losses allowed for the season of 1913 . . $28,284.98 



Expense paid for adjusting same 694.53 



making it cost 2.45 % to adjust the losses. 



Approved adjustments were paid at 88 % of loss allowed for 1913. 



