The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-05-28
INSURANCE NOTES

The Title Guaranty and Trust Casualty
company of Scranton Pa. has been IL
censed by the insurance commissioner
to do business in Alabama and will prob
ably open an office in Birmingham in the
near future.
The Life Underwriters association Of
Birmingham will hold their regular
monthly meeting on the afternoon of
June s.
The affilation of the association with
the national organization will be the main
question before the body.
Selma is rapidly becoming one of the
best insurance towns in Alabama" said
w. H Cox of the National Life Insur-
ance company Realizing the good field
that Dallas county and the black belt
affords for the insurance writer. num-
Der of companies have established branch
offices at Selma, and l understand that
other companies are contemplating open
ing offices at the capital of Dallas coun-
ty."
The medical examiners of the Birming-
ham headquarters of the Metropolitan
Life has been invited to attend the ban
quet, recently awarded the Birmingham
office by the home office in the contest
with other southern states, which is to be
held at Hotel Hillman. ON June 8. Sew
eral of the officials from the home office
will attend the banquet and seats will
be set for sixty.
A good story is going the rounds in in
surance circles on a well known local
agent of Birmingham who was attempt
ing to write" farmer over in east Ala
bama. The story as told by a witness
is as follows:
1.-THE insurance agent from the city had
just landed in a small town and man
aged to get one of the local characters
hemmed in the rear of the only store in
town. He had been talking figures and
sentiment to the planter for about twenty
minutes and was feeling confident that
he had his prospect right where he
wanted him. when the farmer raised
up and for the first time interrupted the
agent Say partner, he said, 1 live in
the Four Mile settlement, and have a
neighbor by the name of Bill Jackson.
Come out to see him. he most generally
bites at everything that comes along
II. Rich, state manager of the Manhat-
tan Life, has returned from two
months visit to North Georgia and East
Tennessee Mr.. Rich has extensive coal
properties in Tennessee ana talks in
terestingly Of coal mining in Tennessee
Before the advanced negroes begin
talking about opening the door of nope
they should first attempt to elevate their
race so as to have them recognized as
insurable by the life insurance COM
panies." said prominent insurance man.
with probably two or three exceptions
none of the old line companies doing bus
mess in Birmingham have rne names of
any negro policyholders on their books
1.-THE chances for the colored man get
ting life insurance doesn't seem to in
crease, as a number of the companies
have recently informed their agents that
they would consider no more applications
from negroes
"There are several reasons where the
colored man is barred from obtaining in
surance. In the first place, he is consid-
cred a bad risk in the second place. 1t
is almost impossible for the average col
ored man to give any FANNY history and
in the third place they will invariably
allow their policies 20 lapse.
"Of course there are some exceptions
to these, and I know Of one company who
mas over 200 negro policyholders in this
district"
I. w. Walter. who was kille at Wood
lawn last Thursday night mad recently
taken out a policy with the Aetna Life.
c. B. Jennings, state manager of the
Fidelity Mutual has returned from
trip to Huntsville.
NJ. d. Friedman, cashier of the Man.
haitian Life. spent Friday at Selma.
"It has been my experience that a
large per cent of women are somewhat