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Sworn Statement of Fire Losses Reveals Payment Averages
Insurance departments in New York Massachusetts and Connecticut required fire insurers with bases in those states to file sworn statements as of October 31 1906. The figures show most leading companies paid claimants about similar proportions with percentages ranging from 60s to mid 90s and highlight unpaid amounts for many firms including Liverpool London and Globe Springfield National Royal North British and Mercantile London Assurance Phoenix of London and others.
MENTIONED IN THIS ARTICLE
Scrippe Telegraph Service
Albany
New York
Massachusetts
Connecticut
Fire Companion
San Francisco
Continental
Liverpool
London and Globe
National
Springfield
Aetna
Regal
Northern Assurance
Phoenix of Hartford
North British and Mercantile
Queen
Phoenix of London
London Assurance
Hartford
Royal
Caledonian
Germania
Pheniy of
Brooklyn
Hamburg Bremen
Orient