The Providence news. (Providence [R.I.]) 1891-1906, 1894-06-11
INSURANCE.
How Most Good Can be Accomplished

The executive committee OF the Nation
al Association OF Life Underwriters has
sent copies of the following letter TO the
presidents of all the American level
premium life insurance companies, to
which it Is hoped liberal responses will be
made:
At the last meeting Of the executive committee Of
the National Association of Life Underwriters 1t
present that II very important
that somm.nicstion should be sent
companies, inviting them to correspond with the
president or secretary of the National Association
IL Is earnestly hoped that every company will act
Its particularly dssir d that suggestions may be
associations have been formed may be best ac-
comPlished The knowledge that this association s
tion Of the companies has giveu great encourage
ment and stimulus.
containing such suggestions as you may be dis
posed to make, which are certain will be inter
esuhg and valuable? Letters should be sent in on
GEO. p. HASKELL
49,. Chairman Executive Committee.
Attest: Il. H. PLUMMER, Secretary.
General Insurance Notes.
John NJ. Crane of Detroit, superintend-
ent of agencies of the Standard Life and
Accident, was in town Saturday.
President A. @. Adams Of the New Eng
land Insurance Exchange attended the
~
citation at Washington last week.
The factory improvement committee OF
the New England Insurance Exchange
held test of automatic fire apparatus at
Newton Saturday. The test was given
under supervision of U. s. Crosby.
The 100000 OF insurance obtained by
Mr.. Charles K. Longiey, president of The
j. b. Barnaby Company, an account OF
which received general notice by the
press last week, was written by the Mu-
tual Life Insurance Company OF New York
through their general agent in this city,
Frederick III. Jackson. The Mutual Life
Is the only company that issues the Con-
tinuous Instalment policy, whereby
mans heirs not only receive the face of
the policy, but guaranteed and perpet-
ual income, beginning immediately upon
the death of the insured.
American Surety Company.
The American Surety Company has ap-
pointed II. Is. Pearce manager for this
section. lie will make his 6eadquarters
at the Office of O'Brion a Russell, who
will continue to act a. agents OF the COM
pany.
Ex-Governor William Z. Russell and r.
c. Fritz have been added to the local board
OF the company. w. Benedict, formerly
of the New York Office of the company,
will become resident assistant secretary.
Hartford Underwriters' Agency.
The executive committee of the Boston
Board of Fire Underwriters held a
special meeting Saturday for the purpose
OF taking some action In the New York
Underwriters Agency Hartford matter.
1t was decided 70 invite Alex. Stoddart
of the New York Underwriters' agency
and President George l.. Chase OF the
committee on Tuesday next, at which
time some amicable arrangement will
probably be made.
Maine Insurance Rates.
Williams 8. Denny of Portland, Me-,
rates, covering Penobscot County, which
includes Alton, Argyle, Bangor, Brad
ford, Bradley, Brewer, Burlington,
Carmel, Carroll, Charleston, Chester,
Clifton, Corinns, Corinth, Dexter,
Pismont, PnSn,a Eddington, od Eddin6eurg,
bury, Greenbu.h, Greenfield, Hampden,
Hermon, Holden, Howland, Hudson,
Kenduskeag, Kingman, Lagrange, Lee,
Levant, Lincoln, Lowell, Mattamlscontis,
Mattswankesg, Ms1Asld, = Medway,
Newpor5 oldtown, orono, oring-
mouth, & ~ Prsntiss, Spring gssid, tI" st.tsoS,
Veszie and VIM; also bulletin No. So,
revisions in Franklin county; No. 6s,
rsvisions in York county; No. 81, addi-
tions and revisions in Oxford county;
No. bS, additions and revisions in
knox county; No. 90, additions and
revisions in Cumberland county; No. go,
revisions In Portland; No. 81, additions
and revisions in Lincoln county; No. 80,
addition and revisions on Maine saw
mills; No. SO. additions ana revisions In
Androscoggin county; No. 81, additions
and revisions on Maine summer hotels.
Mr.. Denny has also issued the following
steam heat clause for use on Maine cam
ming factories: "In consideration of the
reduced rates at which this policy Is is
sued, the assured hereby guarantees and
makes it q condition Of this contract
that In the promises insured by this
policy, only steam heat shall be used In
retorts or bash kettles, and that no
benzine, naphtha or gasoline shall be kept |
or used on the premises, except In iron |
pipe connected with outside tank"
No policy to be written on canning |
factories at the minimum rate OF 2 per |
cent. unless the steam heat clause, as
above, is attached.
Reliance Of Philadelphia Statement. |
xAs Rslisncs Insurance Company Of |