Insurance Examinations Cite Company Conditions and Fees
The report notes St Paul Mutual Hail and Cyclone Insurance shows income Jan 1 to Nov 1 1909 of 113814.00 and disbursements 89810.41 with total admitted assets of 584959 and liabilities of 1557300, leaving surplus 42576.59. Officers salaries totaled 10000. Hanson policy affiliation questioned. North American Casualty Company examined. Minnesota Fire Insurance licensed with 100000 paid capital and 411720.00 surplus. Regulators warn life and health insurers against misrepresentation and twisting policies. Also State Farmers Mutual Hail Insurance condition as of Nov 10 1909 is listed with income and disbursements. Plus agriculture tips and household notes from November Farm Journal.
MENTIONED IN THIS ARTICLE
St. Paul Mutual Hail & Cyclone Insurance Company
Charles C. Hanson
Walker, Minn
Hanson
North American Casualty Company
Minneapolis
Minnesota Fire Insurance Company
Chatfield
Minn
State Farmers Mutuals Hail Insurance Company
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