Democratic Sentinel, Volume 1, Number 39, Rensselaer, Jasper County, 9 November 1877 — Fire Insurance in New York. [ARTICLE]

Fire Insurance in New York.

The sworn returns of the business done in New York city by the fire insurance companies exhibits a startling decrease of earning. The amount of premiums received on New York city business by New York and other companies during the first six months of 1874,1875, 1876 and 1877 were : 1874. 1875. 1876. 1877. N.Y. co. ’8 ...$2,856,462 2,563,738 2,185,561 1,845,329 All other co.’s. 2,303,013 1,188,178 1,085,458 979,842 Totals.... $4,158,475 3,761,914 3,271,020 2,825,171 The condition of the insurance business has been much like that of the railroads. The number of companies has notjdecreased; the competition in rates has been exhaustive; at the same time the amount of business to be done has decreased greatly. Public executionshave been abolished in Sweden. They are to take place in prison interiors in presence only of a few functionaries and of a dozen citizens chosen by the people of the district where the execution may take place.