HAIL INSURANCE ON FARM CROPS. 



27 



the smaller hail mutuals in Kansas, with a fixed-premium rate, had a 

 loss ratio in 1915 equal to 259 per cent of the premiums. 



PREMIUMS RECEIVED AND LOSSES PAID 

 HAIL BUSINESS IN THE UNITED STATES 



BY 

 JOINT-STOCK FIRE INSURANCE COMPANIES, 1890-1919 



M PREMIUMS WB&& LOSSES 



MILLIONS OF DOLLARS 



4 5 6 7 8 9 10 11 12 13 1A 15 16 17 18 19 



FIG. 6. 



In connection with the phase of the hail business just discussed, 

 figure 6, which shows the approximate hail premiums received and 



