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 
V^M PREMIUMS . HH LOSSES 
YEAR 
MILLIONS OF DOLLARS 
1 2 3 4 5 6 7 8 9 10 11 12 13 14 J5 16 17 18 19 
1890 
1891 
! 
- 
1892 
} 
1893 
1 
1894 
1895 
1896 
1897 
f 
1898 
f 
1899 
i 
1900 
f 
1901 
F 
1902 
i 
1903 
§ 
1904 
w 
1905 
w 
1906 
p3 
1907 
i 
1908 
V 
1909 
'Mm 
1910 
pa 
1911 
1912 
1913 
1914 
1915 
1916 
1917 
1918 
1919 
^^ 
« 
v'//(YW///A 
'M^////7/A 
VUUmMZMM, 
b 
'Wm 
y//////////////m^^>^^^ 
///////////////// / 
w//// 
A 
*^^^^mk^ 
g%M^m%%Y^ 
W*dm^;Jmm%*% 
M^Mmi^MM 
'//////// 
////////< 
'//////// 
VMti 
W///A 
;^%ikssW2i^4$#M^ 
'////////, 
'/////////////, 
W/////////, 
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'///////, 
W^W^' 
| 
\ 
1 1 
Fig. 6. 
In connection with the phase of the hail business just discussed, 
figure 6, which shows the approximate hail premiums received and 
