The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-10-18
INSURANCE NEWS AND
NOTES

ness in broader fields. The company was
admitted TO Pennsylvania last week.
The State Life reports an increase during
the first nine months of this year of ST.
56S,S50 in insurance written, an increase IN
income of sl4S,7e029, increase of interest
earnings of llo79 80. and gain In Ledger
assets OF slfl.Ssi92 The amount paid Tor
death claims in 1901 was Sic. 400. while for
the same period this year only S103.350 was
paid, resulting In a saving of $4,000.
The Wisconsin College of Physicians and
Surgeons will lead other American medical
colleges in having a course on life insur-
ance this year. devoting especial atten-
ton, OF course, 20 the features of insurance
having connection with medicine Inc
course will be Under the direction OF DR.. G.
r. Albright, assistant medical director Of
the Northwestern Mutual of Milwaukee.
xxx
One of the most popular of the pictures
shown with the biograrh. to judge by the
| laughter which accompanies its exhibition,
| Is the one which illustrates the danger
from hunting leak IN the gas pipes with
light. IL seems strange that any person
could be so foolish. but the record OF ac-
! decrease. Residents of this city should be
| exceedingly careful 10 avoid this danger.
| for the increased pressure at night often
| causes the gas to escape and accumulate
In the range
An interesting legal problem is presented
| by suit filed at Lincoln. Neb. w. II. RAIDER
had his life insured for $1,000 for the bene-
| At Of his wife. Ten days before his death
Mrs: RAIDER secured a divorce and married
| again In the meantime, Mr.. RAIDER who
was Ill, was nurscd By a young lady to
whom he became engaged, and he ordered
| that the policy be changed. making her
are claiming the proceeds. but his estate
claims that neither should be paid.
| ky
1t seems probable that the proposed
changes in the rates and policy Of the Mod
! ern Woodmen will not be carried out, as
the members appear to be opposed to such
| changes, the conventions in Nebraska Min
| nesota and Illinois having voted against the
| plans for establishing a. reserve which
| would bring about an increase in rates.
| While 1T Is TO be lamented that the plan to
| put the organization upon a firm footing
| will probably fall through, yet the cam
| paign has had the good result of educating
| the members. so that they now know some
| thing about insurance. and If q change is
| ever again advocated. as for instance to the
| ordinary life basis, the order will be much
| more likely to accept Ii. The members are
also aware now that something should be
| done TO put the society upon a sound basis.
| which will attract and keep young mem
| bers.
Since women have crowded so many &C.
equations which men had considered their
own. it is somewhat surprising that more
Of them have not entered the insurance
field While 1t is true that some insurance
| papers are conducted by women. and one
or two of the large companies employ
| quite large number of them soliciting
| agents, yet there are not enough of them
to cause remark or even to make their
| does not seem at all repugnant to women,
for they are to be found in great number
| soliciting for other lines. Those who have
| ually very successful If they have had any
! inclination for the occupation, and they
have not confined themselves to the insur-
| ance OF women, but have even succeeded
| In placing policies on the lives of men
| where others had failed. One would think
that there was good opportunity fol-
| women agents, especially for insurance
among women. "A great many of the com
| panies, however. do not care to insure
them for reasons which are many and vari.
| Gus. 1T is an unpleasant fact that the
4 moral hazard always enters strongly into
| the cases where women are insured, and
| where there is moral hazard, either in
life or hre insurance, company must be
exceedingly careful before insuring the risk
if under such circumstances it can be
| called risk. While statistics show that
the average woman lives longer than the
| average man. yet it is also true that the
average insured woman does not live sc
long as the average insured man: and this
| moral hazard so surely exists that 1t is moi
only not profitable to the insurance com
pdny TO insure women when the beneficiary
is not a person dependent upon the insured
for support but it is also dangerous fol
the insured woman under such circum
stances 1t is also difficult to secure a sat
isfactory medical examination, and the
health of women Is not SO stable as thai
of men