Evening journal., 1897-06-19
NOTICES.
TO INSURANCE COMPANIES AMI
THEIR AGENTS.
ms RANCE MENT,
STATE OF DELAWARE.
u N ~

4
Laurel Del, June 10, 1897.
/ desire to adopt this method of making
an announcement of interest to the state
and Of Importance TO all whom it may
concern.
Upon assuming the duties Of this office.
II soon became apparent that a large
number of agents-probably several hum
dred-were engaged in the business of life
and other kinds Of insurance without
having complied with the, law requiring
license and certificate, and without haN
ing paid to the state the fees provided by
statute One company-not to speak Of
others-is reported to have more than
fifty agents in the field, actively employ
ed, without authority as required by law.
The Legislature, which cannot be too
highly commended for the zeal and alac-
rity with which II responded to appeals
for aid, promptly effected such modiiica-
tions of the law as the commissioner ad-
vlsed and eliminated every cause or am
biguous meaning or doubtful interpreta-
tion.
Heretofore company was admitted by
a certificate of authority at a charge OF
two dollars. For every agent like GER
tihcate was required, together with IL
cense, $500, and fifty cents for issuing
the same, aggegating $3.50 for each and
/ every agent which 1 admit was eXces-
sive. Now a company must pay SS5OO Tor
| certificate and every agent $500 for GER
tihcate, $500 for license and 80 cents Tor
! issuing-total cost to agents $3.50.
The law reads That every person, VINO
| shall procure or solicit any citizen or resi-
| dent of this state TO take out policy on
| his or her life or lives Of any other per-
son in any company or companies not IN IN,
/ be deemed a foreign life COR fire, etc.l
| insurance agent within the meaning or
| this act" Every such person must OBJ
tain from the Insurance Commissioner a
certificate of authority and license as
above stated.
! so engaged without having first oD-
| tanned a proper license therefor
for every such offense shall be deemed
guilty of a misdemeanor, and upon con-
| viction thereof. by indictment. besides
| being liable for the payment of the tax
be subject to Imprisonment for term
| not exceeding two years, or a fine not eN-
ceeding five hundred dollars OoOO), or
both, at the discretion of the court; one
mOiety to the use of the person who shau
nrst eive information Of the tact where-
by said forfeiture was incurred
Such in part Is the law. II Is the sworn
duty Of the Commissioner TO enforce the
law. And IL Is the purpose of this paper
TO give fair warning TO all II may alleet,
and announce his determination TO do
his duty i'm this regard.
To that end ! shall proceed. on and after
July list next, to prosecute every agenI
ance law of the state. shall demand i on
every company doing business N % tne
state a complete list OF agents therell
1 employed. In case of refusal 70 IuInisl
the same. or finding a company conniv-
ing at a violation of the statutes, shaii
hold the company responslpie anu io ae,oAe
As regards class of transient or dur
nal agents. who fit across our borders.
write policies, ana as sVuueliis n kisst - @tPlS..a -,
| them apprehended by the proper OFFICIALS
/ shall ask the governor, of whose SYM
pathy and cooperation i am assured, 70
! make requisition upon the governor oil
the neighboring state. for their rendition
for trial by our courts. and shall refuse
or revoke the authority OF any company e,,nis ~
that accepts or profits by their Illicit OF
clandestine operations.
Upon conviction, one-half the fine goes
to the informer. and L shall feel gratelne
for any information which may bring Oh
Tenders to justice and promise that al
. such will be held strictly confidential.
In conclusion / may be allowed 10 eN'
press the hope Of having the sympathy
support and announcement or an law
= | abiding citizens in what they must esteeli
!. a laudable effort to abate a hagrant aDus'
EDWARD FOWLER.
Insurance. Commissioner.