Excerpt from Forty-First Annual Report of the Insurance Commissioner of the State of Maryland to His Excellency, Phillips L. Goldsborough, Governor, 1912
These are probably the reasons why capitalists are unwilling to organize fire insurance corporations in this State. As compared with many other States, Maryland makes a poor showing in this respect. The follow lug table shows the number and the resources of stock fire insurance companies incorporated in the States extending from Maine to North Carolina (not taking account of New York) at the close of the year 1910. Neither Vermont nor Delaware has any home fire company.
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