| Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hote). DATE:, 11-14-2017 ; OQ ~5 - November 2, 1959 . Intercontinental Insurance and Surety Company formed. Officers are Carames, Hevias and Santamaria. Signators are York, Bray, Whitesell and Carames. Hopps has said he had no interest in Intercontinental and neither he nor anyone associated with him ineluding Lorreta Lindhauer had anything to do with setting up the Trust Fund at Underwriters. (In May 1960, Hopps described the Intercontinental Insurance and Guarantee Company as a “Pocket” company for a Cuban group, i. e. they do not do general business but function primarily to serve the interests of Carlos Seguras. Luis Botifol is an attorney who represents the principal stockholders, Carlos Seguara and Bernardo Carames (of the Cuban Sugar Institute.) (Hopps said Botifol had asked him to obtain figures concerning a trust agreement which had been set up in New York City.) (It is not known if the Intercontinental Insurance and Guarantee Company and the Intercontinental Insurance and Surety Company are one and the same.) Novenber 4, 1959 Check stub of Associated Insurers Ltd. recording $1,000 to Louis J. Botifol for legal fees in setting up Associated Insurers Ltd. . Hevana, Cuba. Botifoll of Mexico City was President of Mortgage Corporation of America which was an agent for Intercontinental Guaranty and Trust. : November 4, 1959 Check stub of Associated Insurers, Ltd. recording $1,500 to Royal Bank of Canada for Services rendered re Associated Insurers. November 4, 1959 Check stub of Associated Insurers, Ltd. recording $5,000 to . Anglo Canadian Underwriters Lid. for purchase of Mediterranean Insurance Company, Corozal, South America. November 12, 1959 Paul Dorfman called Jake Ehrlich. Novenber 13, 1959 b Bray check for $1,000 to Associated Insurers Ltd. (first endorsement: Associated; second: James Bray; third: First National). November 1959 Associated Insurers deposits $1,000 (carried as loan from Bray.) November 16, 1959 Publicity by McClellan Committee of Summit-Schwartz-Weiner ‘deal. Calls between Dorfman and Hoffa. November 19, 1959 - Joseph Gerber, Illinois Insurance Commissioner, told papers ; his investigators found no connection between Weiner and Schwartz and Dorfman operations. : Doclda: 32329636 Page 19
[ Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 SC 3107 Hotey. DATE: ¢11-14-2017 ‘ s ~-6- . + November 1959 ; Reserve, parent company of Summit, pulled Sunmit out of IBT bonding, apparently because of the adverse publicity. Earl Cefry, Vice President of United Benefit Fire and Casualty of Omaha said the reason was that Reserve had not been able to raise sufficient capital through the FDC for insurance purposes. “November 1959 Fraser Wilson of Stewart Smith in Chicago said that after the Summit deal folded, United Benefit was no longer using him nor giving him any details. November 1959 Preston White, Manager New York branch Zurich Insurance Company said that at this time Joseph Henning of Mitchell May Co., Inc. contacted him saying he could get Teamster bonding business. Mr. Pilling, United States manager of Zurich in Chicago turned it dow. November 1959 Hopps said Joseph Henning then with John C. Paige and Co. had called Hopps about getting a pool together on labor-management ponds. Hopps agreed to help and would split 50/50 the commission, Henning's firm would receive. Henning then called to say the Summit deal for the IBT was off. (Hopps had heard that after the publicity on the deal a banker, H. E. Becker, told Allen Blank, President of Reserve, the parent of Summit, that he would not put out certain stock desired by Blank if Summit wrote the IBT bonds. Hopps also heard that Jake Gottlieb, owner of Western Transportation Company and the Dunes Hotel in Las Vegas and allegedly a close associate of Hoffa, was going to buy Summit and, if he did, it would continue to write the Teamster bonds.) Pursuant to Henning's call, Hopps went to Chicago where he met with Weiner, Schwartz, Allen Dorfman, Hennings and Linquist who represented Styvesant and Reliance. The negotiations broke down when the IBT insisted on a $6.25 ceiling to the rate. Henning and Hopps worked to arrange reinsurance for tyvesant as direct carrier and contacted Bray and Central Casualty (In January 1960 Hopps said he did not contact Central Casualty, later he said he did) and other companies including Cosmopolitan Mutual of New York and Consolidated Mutual of New York, who sought to get Treasury listing. Thru the Gilbert Bartling and Sons Agency of Kansas City, the Pinkerton Agency of Omaha, and the Warner Agency of Des Moines, Hopps contacted Tri State Insurance of Tulsa and Standard Insurance of Tulsa. Then, Styvesant's home office raised their commission demands to hold, and the other companies backed out. | Docld:32329636 Page 20
[ Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hotes. DATE: +11-14-2017 * e November 1959 November 1959 ' O - - 7 - Then Hopps suggested United Benefit as primary carrier and contacted Bray who talked to United Benefit. Bray got UB in and got his firm in as a broker. (At one time Hopps also said that Schwartz and Weiner were the ones who decided on Bray as broker after Hopps had introduced Bray to them. On another occasion in January 1960, Hopps said he did not know who the broker was.) Bray agreed to compensatesHopps and Henning. Bray then got reinsurance with Tri State and Houston Fire and Casualty of Fort Worth. (Tri State, sald Hopps, was to give Hopps ¢ of 5%.) Linquist said about this time he asked Alvin Trenk of Anka Agency in New Jersey, (Trenk is son-in-law of Abe Lew, deceased former head of Retail Clerks local in New Jersey who embezzled several hundred thousand dollars in union funds and was close associate of Longie Zwillman), to see about reinsurance looking mainly to steel- workers. Trenk contacted Henning who introduced him to Hopps - (Henning had been referring to Hopps as Mr. Stevens). Linguist met with Henning and Bray and Hopps, who seemed to be interested only in feamster business. Thru Hopps, Linquist had coffee with Weiner and Schwartz who wanted to know the maximum commissions they could receive as brokers. Linquist stated he told them that he wasn't interested in the business; that, in accordance with underwriting principles, the Summit applications were worthless; that in any event, the maximum brokerage commission would be 20%. He said that Weiner and Schwartz would not have been satisfied with that figure. Furthermore, Hopps and the others wanted the premiums paid in advance and the companies Linquist represented were only willing to pay commissions as earned. Joseph Henning of Mitchell May said that about this time he was contacted by an Alvin Trenk about the bonding; there was one meeting with Trenk, Bray, Linquist and himself. Henning felt Hopps had brought Bray in and it was Hopps who suggested Henning meet with Dorfman, Weiner and Schwartz which, because of the bad publicity. involved, Henning refused to do. After the Chicago meeting Henning contacted Consolidated Mutual and Cosmopolitan Mutual of New York re reinsurance, but neither was on the Treasury list as an authorized surety company. He went to D. C. to get certification but another plan went thru first. Henning was to get some part of the brokerage fee for his efforts; he understood he and Bray would divide 5% and that a reputable brokerage firm would handle it. Henning felt that a coverage could be had for 2.50 per 1,000 according to the American Surety Association bulletin. November 2), 1959 Joseph Henning of Mitchell May, Jr. Company of New York was contacted by Bray and went to Chicago. November 28, 1959 Associated Insurers Ltd. check stub recording $1,000 to Mars nn ' Docld: 32329636 and Cie, a Morrocan bank, for transfer and custodian cost of Mediterranean Insurance Company holdings before the company moved to Corozal, South America. L Page 21
| Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 3107 Hote} . DATE :. 11-14-2017 - | OO ~ 68 - November 28, 1959 Associated Insurers Ltd. check stub recording $5,000 to Anglo Canadian Underwriters, second payment on Mediterranean Insurance Company purchase. December 1959 Barl E. Cefry, Vice President and Director of United Benefit, is first contacted re Teamster Bonds by Bray. Also William Collins, Vice President of Stewart Smith and Company in New York called Cefry to say he heard from Hopps.who felt it would be good business. Early Decenber _ L959 Ehnes, Vice President of Tri State, Tulsa, Oklahoma, contacted by Joseph Henning about writing IBT bonds. Ehnes told him that Tri State might be interested in reinsurance. : December 1959 Don Pletts in Miami told Wright (2) he ahd the Teamster Dusiness. December 7, 1959 Bray in D. C. with ICC and Treasury. Bray then goes to New York and talks to Hopps who had been in contact with Dorfman agency. December 8, 1959 Hopps goes to Chicago, contacts Ehnes, Vice President of Tri State Insurance and Earl Cefry of United Benefit Fire and Casualty. (Cefry and Ehnes have denied any contact with Hopps in this operation and have denied knowing him except by reputation.) December 11, 1959 Hopps made calls from Dorfman agency. December 1959 Linquist understood that a Major Riddle of Las Vegas had been ‘ interested in buying Summit, but that the deal fell through because Reserve had listed Summit as an asset in a filing they had made and if they sold the filing would be fraudulent. (Another reasons was that Riddle couldn't raise the money.) December 1959 Meeting in Tulsa with Henning, Bray, Ehnes and agents of Standard Insurance of Tulsa. Standard did not go into the deal allegedly because they were dissatisfied with underwriting procedures. Tri State took 30% (later received $29,500 of the deposit) and was going to offer percentages to others. There werw assurances that noone connected with the IBT was connected with the program and Hopps name was never mentioned according to Ehnes. CC was to participate to 10-15% in view of Bray's efforts in getting business and the general agent, getting 25% out of the 35% paid to United Benefit, were to be HBS and Mitchell May, Jr. Company. The companies would share in losses up to $100,000 with $400,000 reinsurance with Lloyds to be paid out of premium income. ' Ehnes thought the rate was $6.58 per $1,000 or $16.78 for 3 years. , Lo = in | Docld:32329636 Page 22