The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-11-25
INSURANCE NEWS AND NOTES.

John Claim, the great New York dry
the United States trustees of the CONNER
cial Union of London.
The Mutual Life OF New York has abol-
ished it's 100000 limit in the Insurance of a
slider any sized line that is offered.
Secretary Whitney. OF the American
Union Life. fell from a bicycle a few days
ago and broke one OF his legs: He VIII be
in harness again about the beginning OF
the new year.
There is no ground for the runner that
2aevai LED, In NJ insurance san;Is &C cir fSs I,n nor "a ssveral
Mutual Accident Association had begun
suits against old members of the associa-
Gray is still in Europe, and consequently
no such action has yet been taken
Women may now get their lives insured
at the same rates as men, Formerly they
were considered extra hazardous risks, and
the annual premium was about 50 higher
on the $1,000 than for men. There is still a
difference in favor OF the men In the cash
elimination is likely to be abolished soon
by the large companies.
The arrest was made in New York a few
days ago Of u. Edward Anthony, a lawyer.
priated the funds of the National Mutual
Insurance Company, an insolvent assess
ment concern. of which he is the receiver.
fault of $4,000 bail for trial. The amount
missing is said to be $500.
A bill has been introduced in the Georgia
children under twelve years of age. This
action Will doubtless be accepted as a ring
ing of the bell to be answered by the
counsel of the industrial companies,
which had a big and expensive array OF
counsel in the Massachusetts Legislature
last winter. when a similar bill was pending.
A verdict in favor OF DR.. Conyers Her
ring, OF New York, was rendered in Lon
don. In his suit against the insurance COM
panies, for the recovery of Insurance mon
ey alleged to be due on account of the burn
ing of his yacht Mohican, all the evidence
taken having been in support of the claim
of the plaintif. The jury awarded him 49,
Uo. Ii is the, plaintiffs intention to bring
suits against other companies in which his
yacht was insured for the recovery of an
additional $4,000.
Pyromania appears to have developed in
the brain OF Edward Wemple, OF Fulton
vile, n. Y, who served two terms as Con-
trolier OF the State of New York. He was
arrested, last week, charged with setting
fire to a dwelling, and the evidence is strong
that he has caused other fires within the
last few months at Fultonville. He has been
a prominent politician and public MAJ, but
incorporate habits ruined him and his acts
are ascribed TO insanity, rather than to a
motive for gain or malice.
George Elish Alger, a farmer, OF Picker
ing, Ont. has been committed for trial on
a charge of conspiring to defraud the Equi-
table Life Insurance company OF New York.
Alger, last spring, took out a policy OF
1900 or the life of his wife. She died in
August. The company refused to pay and
was sued by Alger. Mrs. Ayers body was
exhumed and a post norton showed that
she had died from consumption and that
she must have been a c~onsumptive when
she was Insured. When the suit was begun
Or. Franey, who had signed the medical
certificate, left the country and went TO
Buffalo. He was finally brought back, and
when the case came up he appeared and
swore that there was a conspiracy between
himself and Alger.
The New England Burglary Insurance
ton at a meeting held in that city last
week. The company was chartered by a
special act of the Massachusetts Legisla-
ture, and has a paid up capital of s2oo, 600.
with privilege to increase IL TO 100000. The
company will transact a general burglary
business eyeryw here in the United States.
both city and summer residences. and of
many classes of stores, as well as the con.
tents entire of vaults and safes in banks.
stores, postoffices, express offices and rail-
road stations. 1t will establish a connec-
ton with the police and detective forces
throughout the country, and will undertake
losses by burglary, but TO guard the prem
ises OF its patrons against entry by the
of the company. VIM. III. Brewster, mas
been identified with the insurance business
Of Boston for the past twenty-five years.
and has been general agent for New Eng
land of the Mutual Fire Insurance Com
pany of New York since its formation. The
company expects TO oegin issuing policies
abc.It Dec. l.
A number OF officials Of State insurance
departments lately held a meeting in New
York. They gathered 10 discuss the question
OF retaiiatory measures against German in
surance companies doing business or apply
ing TO do business in this country, on ac-
count OF the action of the Prussian gov
ernment against the three American life
insurance companies lately doing business
IN Prussia. the Equitable. Mutual and New
York. The officials present were Insurance
superintendent Pierce, OF New York; Com
missioners Merrill. OF Massachusetfs. Refrs
OF Connecticut; Duncan, OF Kentucky; Craig,
Of Tennessee, and Carr. of Maine; Superfn-
sendent Waddill, OF Missouri. and Deputy
Commissioner Brines, OF Rhode Island:
Messrs. Il. X. Durfee, of Illinois; w. NJ.
Hahn. Of Ohio. and Z. W. own OF Yer
mont, sent regrets and said they would
abide by the action OF the majority present.
Other insurance men present were. j. w.
Alexander and j. c. Van Sisc, OF the Equi-
table: c. T. Lewis, of the Mutual Life. and
President John a. Mccall, Of the New York
sion. An informal agreement was reached
that all Prussian insurance companies do
ing business in the United States were 10
be notified that their present licenses would
not be renewed and that no licenses would
he granted to other Prussian companies.
There are six Pruss.an fire insurance COM
panies doing business now In the United
states. No Prussian life or accident insur-
ance company Is represented here. The
-Nagdebarg Fire Company applied
to Superintendent Pierce. about a month
permission &c do insurance business in this
STATE. The American companies protested,
and the certificate was withheld The meet
ing described Was the result. Meanwhile