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In recent years tabulating equipment has developed to the point where it has ceased to be simply a means for assembling statistical data and is now quite satisfactorily adapted to accounting routines. Although commercial accounting has been making increasing use of these developments and is now far advanced along this line, insurance accounting has been rather slow to take it up. This is less understandable because insurance companies were among the first and are among the largest users of this equipment. Possibly our backwardness stems from the fact that we are so familiar with the statistical uses of tabulating equipment that we have it "typed," as Hollywood would put it, for this one role and have failed to see its fundamental versatility.