The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-01-06
INSURANCE. NEWS AND NOTES.

F. s. Grenele. New York special agent OF
the London and Lancashire Fire, died
few days ago Of meningitis.
The Agricultural. Of Watertown, and Ger,
mania Fire of New York. have notifed
their Kansas agents of their withdrawal
on Jan. i.
The Travellers. of Hartford. will contest
the payment of the policy on the life OF
Catherine Cling. who was murdered by
Harry Hayward
The North British and Mercantile Fire has
taken the business of the OHIO insurance
Company. of Dayton, which retires after
thirty-two years experience.
The capital of the Schuylkil Fire has
been increased to 500, 600. and the Pennsyl-
vania Insurance Commissioner has exam
ned the company and certified TO the in
crease.
Alfred r. Fullerton for ten years In the
executive department Of the Equitable Life,
has accepted offer OF responsible 20
sition with the American Union Life, which
took effect Jan. j.
A pardon has been granted by Governor
Morton to George VI. Nisbet, the former
bookkeeper in the New York ONCE OF the
Royal Fire. who was convicted In Feoruary,
s sso,ooo y i'e
1t is reported that Insurance Superinten,
dent Hahn. of Ohio, will soon be superseded
by w. s. Matthews, formerly secretary OF
the Republican State executive committee
of Ohio, receiving the appointment at the
hands OF Governor Bushnell
Among the items in the budget for 1895.
passed by the New York Board OF Estimate
and Apportionment in the closing hours of
the old year, was one giving the Mutual
Life Insurance Company Sl2,749, which II
expended In running down DR.. Henry ..
Meyer. the poisoner and insurance swindler.
now in Sing Sing.
The Merchants and Manufacturers Fire
Llyods, of Baltimore, has been changed into
and $4,000 surplus. with the title of the
Merchants and Manufacturers Fire IN,
surance Company. Weed a. Kennedy VIII
represent the company IN the New YORK
metropolitan district.
According TO prominent New York fire UNI
derwriters the year 1886 has been quite Ia
vora BILE TO the business OF insurance IN me
United States, and the outlook for the fu-
ture is cheerful. In fire insurance IL is
thought that the premium income will prob
| ably not show much II any increase over
| the preceding year, but the gam VIII DC
| found In diminished losses.
| The New York Insurance Department has
completed its examination OF the Lnited
States branch Of the Ca.edonian Insurance.
shows total assets OF s2.o17.l67.H. with total
liabilities of sl2;s s IS. OF waich q
| 10 the home Office from Jan. 10 Oct. 81.
| 1895, s5s54i-9S.
| A verdict for $500 against the Mutual
Life. brought by w. p. Preston, admins.
traitor, TO recover policy on the LIE OF
Arthur L. Preston. who was drowned in
| september. 1896, was set aside In the United
| States Circuit Court at Boston Few days
| ago. The defense put in as evidence
| paper found on the body Of the deceased
| bidding his family farewell and intmatint
| that he should commit SUICIDE The cour'
| ruled that there must be new trial.
| John A. Mccall, of the New York Life
| is never backward in coming forward whef
| public questions are at the fore. This Il
| his contribution 10 the recent war scare
| literature, cabled TO the companys man
| ager at Great Britain: THE rights or oui
policy holders. no matter where their resi-
| dence will be protected and guaranteed a
| ali times and through all hazard. without
| preference and 10 the full extent OF our re
| Sources I may add that We are confden
there is common sense with the people o.
this and the mother country sufficient ans
potential to prevent other than a peaceful
| solution OF every difference between nj
from now until time shall be no more"
A writer In Harper's Weekly extens.vel,
| reviews the facts in connection with tn
expulsion of American life companies iron
Prussia and asserts that the explanation o
Baron Won Marschall Bieberstein il
answer to an inquiry in the Ger
man Parliament for Information o.
the subject. was misleading. The write
! says the Baron has been misinforme