Fire Insurance Laws, Taxes, And Fees

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Fire Insurance Laws, Taxes, And Fees
Spectator
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This applies to each member .of a firm or corporation.
ANNUAL STATEMENTS— Fire companies' statements must be filed on or before February i, and all others by February 15, in the form prescribed by the Insurance Commissioner. Qassification of business re- quired annually. These statements are the only ones required to be filed annually. Time may be extended, for good cause, to March i. Penalty for failure to file statement in the form prescribed, and within the time ' specified, suspension of li
...cense and $25 for each contract of insurance written after notice of such suspension ; for makiAg false statement, fine of $500. Any person swearing to false statement is guilty of perjury. Town and farmers' mutual companies must hold annual meetings before July i, and file annual report on or before February i each year.
ANTI-COINSURANCE — Ins. Laws, Sec. 206. "Every company insuring any building or other structure against loss or damage by fire, lightning, or other hazard, by the issue of a policy or renewal of one theretofore issued, or otherwise, shall cause such structure to be previously examined, a full 257 Digitized byCjQOQlC 258 FIRE INSURANCE LAWS.


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