THOMSON'S MANU AT
DISBURSEMENTS—
Total Losses Paid. nioeecaeerecemmeceencaeenens need
Underwriting and Gen. Expense...
Policvholders’ Dividends ....... .
‘99,368 272,365
SCF 1K 338,539
"% 3.361
TOTAL DISBURSEMENTS ......... 048,297 £14,265
Excess Income over Disbursements... . 100,604 “7,792
COMPARATIVE STATEMENT, As of Dee. 31
1929 1928
125,767 $ 18,892
588,585 1,615,617
195,216 5¢ 800
50,000 N00
112,325 73
21,625 71
TOTAL ASSETS ooeeeeeeeeeereeemeeeeeeeee. $2,092 577 53
LIABILITIES—
Res. for Unearned Premiums... .._.. BE:
Res. for LosseS...cnmnenens
Res. for Commissions, Taxes, etc...
Reinsurance Treaties ............
Other Liabilities ooooceoeceeoon
Tapital Stock eee. ee eemammm em mmmnnnne
TOTAL LIARTILITIES woeeeeaeeeeennnn--$2.093.518
$ 217,625
229.377
3/569
© 450,581
116664
1927
§ 27,896
666,705
29.925
"782,988
11,376
22,766
$ 828,810
274,375
139,108
27.098
"9,630
200,000
169,938
2 298% 810
GENERAL INSURANCE COMPANY OF AMERICA
HOME OFFICE: 1102 White Bldg., Seattle, Wash.
BRANCH OFFICES: Chicago. New York (Gen. Agency), Denver, San Francisco,
Los Angeles.
CONTROL: General America Corp. holds all but directors’ qualifying shares.
HISTORY: Incorporated under laws of Washington, April 27, 1923. Commenced
business on May 1, same year, with paid-in capital and surplus of $700,750,
Shares were sold at $200, $100 applied to capital and $100 to surplus, with prac-
tically no organization expense. Control passed to Gen. America Corp. in 1929
BUSINESS: Company writes both participating and non-particinating policies.
the latter receiving annual dividends.
KINDS OF INSURANCE: Company originally authorized to write all lines of
insurance except life and for first two years wrote fire, inland marine, casualty
and liability. In 1925 company in order to enter New York was. compelled to
cease writing liability lines.” A subsidiary, under name of General Casualty In-
surance Company of America, was organized to handle liability and casualty
ines.
TERRITORY: Company licensed to operate in Ariz, Calif., Colo., Conn., Idaho,
[11., Ind., Iowa, Md., Minn.,, Mo., Mont., Neb., N. J., N. Y., Ohio, Ore., Penn, Tex.,
Wash. and Wisc. Also Dist. of Columbia and Canada. *
BRANCH OFFICES: 330 West Adams Bldg. Chicago. Western Pacific Bldg.
Los Angeles. Standard Bank Bldg. Vancouver, B. C. Russ Bldg.. San Fran-
cisco. U. S. National Bank Bldg., Denver, Colo.
OFFICERS: H. K. Dent, Pres.; Geo, J. Osgood, Vice Pres.; J. F. Douglas, Vice
Pres.; Sam G. Lamping, Vice Pres.; Frank B. Martin, Sec.: J. T. McVay, Treas.;
Geo. W. Belt, Asst. Treas.; R. W. Baldwin, Asst. Sec.; L. F. Becker, Asst. Sec.
DIRECTORS: O. D. Fisher, Chairman; Joshua Green, J. F. Douglas, J. A. Hum-
bird, Frank B. Martin, A. W. Middleton, Henry McCleary, J. P. McGoldrick, W.
L.. McCormick, F. C. Talbot, Geo. J. Osgood. A. S. Eldridge, W. H. Talbot. F. R.
Titcomb, H. K. Dent.
Fiscal Year Ends: Dec. 31. Annual Meetinz: 3rd Thursday in January.
Number of Fmployes: 264.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized Qutstanding
CAPITAL STOCK occeeeeeeeaneepemeesceemmeeee $100.00 $1,000,000 $1,000,000
Dividends: Paid quarterlv (Jan., Apr.. July. Oct. 1). 1928, 9%: 1929. 13%.
COMPARATIVE STATISTICS
[ns. in Force Admitted Assets Met Premiums Cap. & Surplus
$ 18,194,951 $1,466,002 479,896 $1,265,812
21,246,843 1,958,753 ,463,670 1,385,947
127,605,179 3,189,296 1,629,588 2,021,359
226,972,613 4,139,709 2,738,210 2,004,072
314,136,128 5,516,448 3,880,185 2,228,128
383,995,941 6,171,900 4,082,452 2,375,830
E4R 005 EER £.372.783 5.720.926 2.293.475
