, 1876-09-16
flush for an English Com
ss::!# :s pany's Vacancy.
What the "Alliance Means, and the
ii:;3: Companies Composing It.
Battle Eetween tho Homo and
H. Ono Of Its Chief Customers.
euinous Rates upon Outside Risks--A
T; / Louisiana Wildcat and su Indiana
zs; Weakling.


easurably successful, and IT Is doubtful II any
II pthcrs Will embark upon tho business abroad.
4 rhe Equitable, New York Life, md Globo have
:isxpepded large sums Introducing thctrplans and
* prospect,scs In Europe, but the people thcro arc
y: tlbw TO apprecatc the wide-nwakc method OF |
h Americans aud moreover they manifest dts
+ sr,st Of anything which promises such returns
y, is our iifn insurance company. The Enelish
i: ind German idca ID that the companies OF thla
8 tountry arc essentially fast and tmprovidett,
t md tho local, tinc-honorcl institutions abroad
t sra. not allow in pointing TO their patrons the
Is charges OF mtsmauagemcnt, corruption, ana
.f axtrayagancc made ugatnatour companies ny tue
+ insurance Journals. In Canada, however, the
4: American companies, notably tho Connecticut
il Equitable, Etna Life, aud Alutual Of New York,
hatc taken tlecrcam Of the insurance business
j. aud there Is only one Canadian company Wlieh
At 81 with hc nPpoly Enr]s s
i, conpantca, like tie Life Association OF Scotland,
y lie Lancashire Life, nnd others, have no show
4 at oil compared will the American SompamtgHs tH
2 recent Efforts III tho Dominion to impose new
!, md burdensome rcstricttons. upon American
=. companies dcinE business Id Canada, :; Forty
4 a]tboigh deposit Of $4,000 Ia still required
i, from -oi,r companies, their popularity Is con-
4. stant1X increasing. g..
Il" vAcANc1 IN AN ENGLISH AGENCY.
I A few days ago Mr.. Franklin II. Carter, man
IS oyer Of the American business Of tho Guardian
/ Fire Insurance Company. Of London, was
!; drowned near Elmira, IT, tlls State, Mr.. Carter
i: was o successful underwater, md has filled
!? several responsible positions in tito business
!: with credit to himself and profit to his employ
: ers. 1t ia striking commentary upon tho
/, grasping qualities of The avernEe
':Amcrlcan, and Of tho unlimited in,-
!. 'pudenco or 'tcl,eck" Of tho average
.. insurance agent that, before Lis body was fairly
u co1d, applications Tor the Guardian ugs,lvy wero
s. waited 'neross tho ocean by cable. ,Doubtlcss
= tho first inttmatton the homo oilleo l!au VI tue
- dcrcase Of Mr.. Carter was coupled with an MP
i pl1cuton for the succcssors'hp. However, no
S a temporary arrangement has been ordered ~
i. ,,',i,,'crrnutcd. Tic Guardian Of London
ss; Hsfa aea, in syr THIS York ssosrz Sasnes but
: : gradually enlarged It's borders by extending It's
# agcnclcs to neghorlpg cities, w't, the ultimate
!" intention Of t:Ansactng general agency bust
successful, and Inns hid by sufficient profit upon
=: It's American business nreudy to stand hcavy
~ loss IN any ycar without serious results. Tho
/, manager his been paid salary (reported to be
A. 81, GOD per annu,n, gul) aud an allowance for
- uDlre expenses and commissions, 81 tlnt the
+ vatlucy rausrd by the death Of Mr. Carter Is
= sought for quite eagerly by host Of appli-
y cants. ..........-,.,
( TIE uApEnwRITENs' ALLIANCE.
: (; Probably It ia pretty well known to tho fra
~ tcrutty that there fs wheel within nWliccl III
= the management Of tho Board companies linler
- the gu!se Of IN alliunce composed Of tho leading
y American and NIL the Engltsh companies. The
=. prolesscl object Is to protect the companies
H. against tho dclnoralfzlng practices Of agents,
NJ and to secure adequate rntcs. Those ccts arc
= embraced In tic creed Of the National Board,
+ md tho inquiry arises, Why Is It necessary TO
I,1,t1 Thar M RI,
s, Jcytst Tie largu companies hare M Idea
3 Tint by reason Of their weight thpy can force
i certain measures upou tho ngcnts which cannot
!, I otherwise be accomplished. Consequently they
= agrce to Gtanl by eneh other, and Il they really
T. cAtried out their agreement, II would bu for
- 1nidnblc enginu for controlling tho agents. In
y: rcallty there is as much sharp practice among
s; tic local Boards, nul there is thc usuai
~; amount Of wiuking md blinking Of eliorteon-
=: lngs, which neutraszcs much ol tl,e intended
- forcD uf tho Alliance Ono Of the rules IL, TINT
i Il an Alliance Company loses risk on acoiint of
& charging an advanccd ratr, no otlscr Alliance
+ company Gun accept It; hutthcrc Is . provision
:.5 that Il the advanced rato does not meet With
r. then thcy are nut bound 6yi It. II raaJorl-
!. = ty approye,. no Alliance comnany ean
!. carry the risk for lower rate. THIS rule
Fiaks, forms OF policies, methods Ut cancellation.
+ Nominully II is power behind tho Local board
IT; to enforce strict obec1tcci hut often the ALL
: anee ucerces rates nbost unu neyoha tl!oss
~ enarEea ny INC Loea! boarn, nu II lnu asanrea
- Wl hHvo tresafdless pl eostl large Ehgllsh Or
American companies, he Is az ttle merry o. tAe
combination. mo following IL list OIL tlic AL
r lanec eo1npasaes: .
= Hartford, Of Hartford. , Clubs. ,,
- 'nsasance company OF 5oyail OF ~ L!Hetpao!
1,nr,e o1 M,,w S,,h nn,' =; ~ mn,,
iorn,na ~ ~" ~ M, yo,, fhNn'r' ~ - MrnnLy,
4 iSuoysr. nj Nav yorh. Enr,h i.ttist, n,i Msrc,
= Howard. Of Now York Imucrai. Of London.
:;s. German AI,ericu.., III. Plrni1 Of Hartford
r; Commercial Union. Of cit!xcnd Of New York.
! 1I.s,f'asE.., Lohuoh. seoiisa soMthete,ai
= Iuneashirr' of Enrland. Snrin"t;eli, AZ Mnss.
MI -. 1asUnascE IN roL1r1cs. =.
/; !, Tho State Insurance Department has been
+, slurular]y free from the mnl;an influences q,
r. polItcs save In one term Wien tho pcnocratt,
~ f,omri.a,onrr ft.nrr, " A{I,inr woa auttn.,cf