The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1891-08-07
SOMETHING NEW IN INSURANCE.
What the American Casualty Insur-
ance and Security Co., OF Baltimore,
Is Doing.

There is no doubt about 1t, people want,
and are bound to have, insurance on their
liability for injuries which may be sustained
on their premises or under their RESPONSE
bility.
1t is not only matter of the liability of
employers for Injuries to their employees, but
the liability of every property owner or prop
erty user for any injuries that may be sus.
tained because of defects in construction or
carelessness.
The opportunity for judging the public de-
mand is readily obtained from a view of the
business which Mr.. John C. Paige, of Bos.
bon, is transacting In his newly established
casualty department, in which he represents
the American Casualty Insurance and Sc
curity Company of Baltimore, Md, with
cash capital of one million dollars wholly in
vested in United States and city Of BaltI-
more bonds
Mr.. Paige's extensive business In fire in
surance, his offices for which occupy the en-
tire brown-stone building. No. 20 Kilby st.,
Boston, is we'll understood, and is constant
ly growing, and when he added Departments
for casualty insurance, three months ago, the
instant favor and large success Of the new
department was to be expected.
The ample financial responsibility, liberal
forms. generous limits and moderate rates
of the American Casualty, supplemented as
they are by the guarantee which Mr.. Paige's
management gives of entirely equitable
treatment Of all policyholders, and the ju-
dicious management of the claims made
against them, have all contributed to the
success achieved
Insurance Is necessity, and the applica-
tion of its principle to every business is the
ultimate extension which
ALL BUSINESS MEN DESIRE.
The kinds of insurance business that Mr..
Paige does may be summarized as fire, acct
dent. employers liability. general liability,
elevator, cyclone, tornado. plate glass and
transportation-and the question may well
be asked. how many more kinds there are?
But the department for casualty, con-
glomerate and miscellaneous insurance which
Mr. Paige has established certainly supplies
many demands; and the great strength of
the American Casually and Security Com
pany at once commends 1t to every insurer
as safe corporation.
One OF the principle features of the COM
pany's business is this: The company makes
a specially Of its inspection of the plants 1t
insures, and takes the best possible care to
prevent defects in ways. works and ma
chinery, particularly in elevators.
The contribution feature Is entirely origi-
nal In connection with employers liability
Insurance, and the effect Of 1t must be to
harmonic and cement the mutual relations
between employer and employee, In that full
indemnity is furnished for accidental death
or injury, whether the employer is liable for
accidents or not, according to the terms and
provisions of the form of insurance best
adapted to the particular circumstance of
each insurer.
There Is, for instance, partial contribu.
tion clause, In which the assured is paid one
half wages and doctors bills for accidental
injuries OF employees for 80 weeks, and half
Oh one years wages, doctors bills and
funeral expenses In case Of accidental death
OF employees actively ingaged in the business
OF the assured, on his premises or elsewhere.
and not exceeding $500 for each person.
And there Is full contribution clause.
paying the assured one-half wages and doc
tors bills for accidental injury of employees
for so weeks. and one-half of one years
wages, doctors bills and funeral expenses
In case Of accidental death Of employees,
which
ACCIDENTAL INJURY OR DEATH
may occur to employees, wherever they may
be, and not exceeding $500 for each person.
There Is also a contribution clause, the
limit in which is $4,000 for each person.
The object of the employers liability in
surance is to cover employers against
liability for losses, consequent upon casual
ties happening TO persons employed by them
relieving the employer from the trouble and
annoyance and expense Of defending him
self In courts, and guaranteeing the prompt
payment of all good and honest claims.
Then there is the landlords liability in
surance, for all the accidents that happen