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About twelve months after the "Big Fire" I remember having received a re-insurance claim from a company whose home office is in New York.
I do not like to harbor the thought, but nevertheless I feel that some company or companies, possibly still doing business, know that they owe the California some part of this re-insurance, which goes to show that in the insurance business, as in other enterprises, there are those who cannot bear the light of day.
I also reported that three hundred and fifty claims had been filed for an amount totaling over $650,000. The loss of the records was a very serious matter and complicated proceedings to a degree apparently almost insurmountable. Lost in the destruction of the safe were some $900,000 in re-insurance policies.
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