Excerpt from Best's Insurance Reports: Fire and Marine, Upon American and Foreign Joint-Stock Companies, American Mutual Companies, Inter-Insurance Associations, and Individual Underwriting Organizations, Transacting Any of the Following Classes of Insurance, Fire, Marine, Hail, Tornado, Autom We take pleasure in presenting to our subscribers the seventeenth consecutive annual edition of this publication. The general form of the reports issued m previous years has been con tinned, including all of the important new features introduced for the first time in our 1915 edition, fully explained in the Preface thereto. We beg to remind our subscribers that the underwriting, investment and gain and loss exhibits contain all the items necessary to a clear understanding of the net result of the operations of the companies, both as regards their underwriting and their investments; and that the gain and loss exhibit shows the increase or decrease of surplus during the year under review, explaining the reasons for such change. 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.