Insurance company bonds and reports of agents A0829

Insurance company bonds and reports of agents

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Overview of the Records

Repository:

New York State Archives
New York State Education Department
Cultural Education Center
Albany, NY 12230

Summary:

Agents of Fire Insurance Companies were to make annual reports of all premiums received, pay 10% of these to the state treasury, and were required to deliver on demand to the comptroller a bond declaring intent to do so or pay a $1,000 penalty. This series, which documents this requirement, contains premium reports and bonds of agents. Also included are lists of stockholders and annual financial reports of various companies.

Creator:

New York (State). Comptroller's Office

Title:

Insurance company bonds and reports of agents

Quantity:

1 cubic feet

Inclusive Dates:

1825-1880

Series Number:

A0829

Administrative History

According to "An Act relative to the Agents of Fire Insurance Companies out incorporated by Law of this State," (L. 1824, Ch. 277) agents of all such companies were to make annual reports of all premiums received and to pay 10% of these to the state treasury. They were also required to deliver on demand to the comptroller a bond declaring intent to carry out the provisions of this law or pay a $1,000 penalty. A law of 1824 (Ch. 22) and subsequent laws required each incorporated company subject to taxation to submit annually to the comptroller a list of the names, residences, and amounts of stock held by their stockholders.

Scope and Content Note

This series contains records which insurance companies were required to submit to the state. Included are premium reports and bonds of agents of the Hartford (Aetna) Fire Insurance Company of Connecticut. The series also includes lists of stockholders and annual financial reports of various companies. The records are arranged by type; then by date.