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9. Gross premiums (without any deductions) received Same. and receivable upon all unexpired marine and inland navigation risks, except time risks-reinsurance thereon at one hundred per cent;

10. Gross premiums (without any deductions) received and receivable on marine time risks-reinsurance thereon at fifty per cent;

11. Amount reclaimable by the insured on perpetual fire insurance policies, being ninety-five per cent of the premium or deposit received;

12. Reinsurance Fund and all other liabilities, except capital, under the life insurance or any other special department;

13. Unused balances of bills and notes taken in advance for premiums on open marine and inland policies, or otherwise, returnable on settlement;

14. Principal unpaid on scrip or certificates of profits which have been authorized or ordered to be redeemed; 15. Amount of all other liabilities of the company, specifying the same.

Fourth.

The income of the company during the preceding year, specifying:

1. The amount of cash premiums received;

2. The amount of notes received for premiums;

3. The amount of interest money received, specifying the same;

4. The amount of income received from all other sources, specifying the same.

Fifth.

The expenditures during the preceding year, speci

fying:

1. The amount of losses paid;

2. The amount of dividends paid;

3. The amount of expenses paid, including commissions and fees to agents and officers of the company;

[graphic]

Same.

Same.

4. The amount paid for taxes;

5. The amount of all other payments and expenditures.

Sixth.

1. The amount of risks written during the year; 2. The amount of risks expired during the year; 3. The amount of risks written during the year in the State of California;

4. The amount of premiums thereon.

613. Such statement, if made by life, health, and accident companies, must show:

First.

The amount of the capital stock of the company.

Second.

The property or assets held by the company, specifying:

1. The value of the real estate held by the company; 2. The amount of cash on hand and deposited in banks to the credit of the company, specifying the

same;

3. The amount of loans secured by bond and mortgage on real estate, specifying the same;

4. Amount of loans secured by pledge of bonds, stocks, or other marketable securities as collateral, specifying the same;

5. Cash market value of all stocks and bonds owned by the company, specifying the same;

6. Interest due the company and unpaid;

7. Interest accrued but not due;

8. Premium notes and loans in any form taken in payment of premiums on policies now in force;

9. Gross amount of premiums in process of collec

tion and transmission on policies in force;
10. Gross amount of deferred premiums;
11. All other assets, specifying the same.

Third-Liabilities.

1. Claims for death losses and matured endowments, Same.

due and unpaid;

2. Claims for death losses and matured endowments

in process of adjustment or adjusted and not due;

3. Claims resisted by the company;

4. Amounts due and unpaid on annuity claims;

5. Trust fund, on deposit, or net present value of all the outstanding policies, computed according to the American experience tables of mortality, with four and one half per cent interest;

6. Additional trust fund on deposit, or net present value of extra and special risks, including those on impaired lives;

7. Amount of all unpaid dividends of surplus percentages, bonuses, and other description of profits to policy holders, and interest thereon;

8. Amount of any other liability to policy holders or annuitants not included above;

9. Amount of dividends unpaid to stockholders;
10. Amount of National, State, and other taxes due;
11. All other liabilities, specifying the same.

Fourth-Income.

1. Cash received for premiums on new policies during the year;

2. Cash received for renewal of premiums during the year;

3. Cash received for purchase of annuities;

4. Cash received for all other premiums;

5. Cash received for interest on loans, specifying the

same;

6. Rents received;

7. Cash received from all other sources, specifying the same;

21-VOL. I.

[graphic]

Same.

Stock notes, how

8. Gross amount of notes taken on account of new

premiums;

9. Gross amount of notes taken on account of renewal premiums.

Fifth-Expenditures.

1. Cash paid for losses;

2. Cash paid to annuitants;

3. Cash paid for lapsed, surrendered, and purchased

policies;

4. Cash paid for dividends to policy holders;

5. Cash paid for dividends to stockholders;

6. Cash paid for reinsurances;

7. Commission paid to agents;

8. Salaries and other compensation of officers and employés, except agents and medical examiners;

9. Medical examiners' fees and salaries;

10. Cash paid for taxes;

11. Cash paid for rents;

12. Cash paid for commuting commissions;

13. All other cash payments.

Sixth.

Balance sheet of premium note account.

Seventh.

Balance sheet of all the business of the company.

Eighth.

1. Total amount of insurance effected during the year on new policies;

2. Total amount of insurance effected during the year in the State of California;

3. Premiums received during the year on risks written in the State of California.

614. Mutual companies formed, existing, and computed. doing business under an Act entitled "An Act to pro

vide for the incorporation of mutual insurance companies," passed April twenty-sixth, eighteen hundred and fifty-one, may report their approved stock notes as capital paid up, and such notes for all purposes must be deemed part of the paid up capital stock of such corporation.

NOTE.-Stats. 1868, p. 325.

blanks.

615. The Insurance Commissioner must cause to To furnish be prepared, and furnish to each person and to each of the companies incorporated in this State, and to the attorney of each of the companies incorporated or chartered by other States and foreign governments, printed forms of the statements herein required; and he may make such changes from time to time in the form of the same as seems to him best adapted to elicit from the companies a true exhibit of their condition in respect to the several points hereinbefore enumerated. The same forms must be addressed to all persons and companies engaged in the same kind of business.

NOTE.-Stats. 1868, p. 327, Sec. 6, modified.

upon whom

may be

616. The Insurance Commissioner must require, Agent as a condition precedent to the transaction of insur- process ance business in this State by any foreign corporation, served. that such corporation must file in his office the name of an agent, and his place of residence in this State, on whom summons and other process may be served in all actions or other legal proceedings against such corporation. All process so served gives jurisdiction over the person of such corporation.

NOTE.-Stats. 1870, p. 881, Sec. 1.

Commis

when

617. The Commissioner must collect the sum of Duties of five hundred dollars from any person or corporation sioner engaged in the business of insurance for a failure to companies make and deposit in his office the statements provided make for in the eighth preceding section, and an additional

fail to

statement.

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