Massachusetts Insurance Commissioner
Published: 2018-12-05
Total Pages: 308
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Excerpt from Eighteenth Annual Report of the Insurance Commissioner of the Commonwealth of Massachusetts, Vol. 2: January 1, 1873; Life and Accident Insurance But it is a curious fact in this connection, that some Com panics transacting the smallest amount of business frequently require a much longer time to make up their returns than others whose business is vastly greater, the former being occasionally unable to render their statements under two and a half or three months. Most of the Companies, we are happy to say, are commendably prompt in this matter, and if all would emulate the example of the United States Life, of New York, both their own and the business at large would derive material benefit. The United States promptly closed its books on the last day of the year, and its annual state ments were almost immediately ready for delivery, yet its business is as widely extended as that of many Companies which take from one to two months for that purpose. Such punctuality and promptness are highly creditable, and attest the excellence of executive management. Let us hope for an extension of such usage. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.