Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-08-20
NAY START FIGHT
ON STATE AUDITOR
Alleged That Some Old Line In
surance Concerns Are After
Carroll's Scalp
MAY PUT AGENTS IN THE FIELD
Claim is Made That Ono Representa-
tive Has Offered to Organize Force
Of One Hundred Men, One for Each
County to Work Against carroIIs
Re.eieotion.
Special to Times-Republican.

| Special to Times Republican.
| Des Moines, Aug 20.-An effort is
| being made to organize a fight again st
Auditor of State b. f. Carroll al. the
| polls next November. How far the
! work of organizing has gone or how
successful it has been thus far is not
| known. The attempts at organizing
| such fight have been made by Dell
| Huntoon the man who acted as lobby
| ty-first general assembly and has fol-
| lowed closely the Investigations of the
| insurance commission during the time
| 1t has been in session during the sum-
mer. Mr.. Huntoon has gone to some
| of the insurance men Of this city and
| has solicited their cooperation in a
! fight on Auditor Carroll. He has Offer
| ed In the event they would joint in the
| fight to put 100 agents in the field
one in each county of the state--to do
active and positive work to secure the
defeat of Auditor Carroll at the polls.
| 1t has been impossible thus far to as
certain how successful Mr.. Huntoon
| has been. 1t Is known that he has
| failed in two or three instances to Sc
cure listening ear with the insur-
ance men.
The fight against Auditor Carroll is
understood to come primarily from the
| old line fire insurance companies, and
more especially those represented by
| Mr. Huntoon. The prospect of induce
| ing the fraternal companies to join in
| the fight because of the large number
| of voters in the membership of the
| fraternals is said to appeal strongly to
| those desiring to compass Auditor
| Carrolls defeat, but the chances of or
| ganizing the fraternals which have a
| voting membership of about 100000 in
| the state seem very doubtful to the
| politicians who have given the matter
| any thought
| The thing that has aroused the en-
nifty of the fire insurance lobby is the
attitude Auditor Carroll has taken
against the repeal of the anti compact
law and the anti-co-insurance law,
and the provisions Of the statutes as
! to prorating on losses. These matters
Il are GSpcCldFy QCCtI W lllC III q lilSul
] ance men. 1t should be said in the out
set that so far as can be ascertained
all the Iowa fire insurance companies IS
are satisfied with the laws as they are
4 at present and are not in sympathy
| with the attempts to organize fight
| against Carroll. Fire insurance COM
| panies outside of the state, however,
would like to see the anti-compac:
| or Blanchard law repealed and would
| also like to see a repeal of the anti
| co-insurance law. The Blanchard law
is the law that prohibits insurance
companies doing business in Iowa
from getting together and agreeing on
| a rate of premium that shall be charg-
| ed for insurance. It is an antitrust
| law as affecting insurance companies
| and the state Of Iowa has spent a
| good deal of money successfully m
| prosecuting a case thru the supreme
| court of the United States in which
| the law was held to be constitutional
and is now in full force and effect in
this state. The law according to those
we'll informed has saved the people of
Iowa thousands of dollars in the cost
! Of their insurance.
/ L
outside companies would like to have
| the Iowa legislature repeal and which
/ Auditor of State Carroll has taken a
decided stand against is contained in
section 1746 of the code which is as
follows:
'tAny provision, contract or stipu-
lation contained in any policy ii lnsur-
ance insured by any insurance COM
pany doing business In the state under
the provisions of this chapter. provid-
| ing or stipulating that the insured
shall maintain insurance on any
property covered by such policy to
any extent, or shall to any extent be
an insurer of the property insured in
such policy, or shall bear any portion
of the loss on the property insured,
shall be void and the auditor of state
shall refuse to authorize any such
company to do business or to renew
the authority or the certificate of any
such company when the form of policy
issued or proposed to be issued con-
tains any such provision, contract or
stipulation. No condition or stipula-
ton in any policy Of insurance fixing
the amount of liability or recovery
| unQer SuCu pollCy Will lSIei0HSC ~
prorating with other insurance on
property insured shall be valid except
as to other valid and collectible insur-
ance, any agreement to the contrary
Notwithstanding"
The last sentence in section 1746 as
quoted above contains another idea
| that the insurance companies do not
like. Briefly explained his sentence
covers cases where several insurance
companies are interested in one risk
For instance, If a property is valued
at $4,000 and insurance is taken out
to the value of $4,000 on the property
and four companies are interested In
the risk, each taking $4,000 of the in
surance, if the loss should be partial
say to the extent of $4,000, the loss
can be pro-rated among the four COM
! panies. each to pay $1,000. but if one