Insurance Losses from the Earthquake

Pacific Press Publishing Company · Mountain View, Cal. · May 2, 1906

FromSigns of the Times, Vol. 32, No. 18.

Insurance Losses from the Earthquake

The insurance commissioners of San Francisco have made a thorough inspection of the district destroyed by fire following the earthquake of April 18. The policies held by those whose buildings were burned will reach $175,000,000 and the commissioners estimate that the total loss will reach $300,000,000. As this is divided among about eighty companies, they assert that only a few of the smaller companies will go down; that in the main the companies will be able to pay dollar for dollar on their policies.