The San Francisco call., 1907-01-22
PLAN To STRANGLE
INSURANCE LAWS
Lobbyists Representing Va
rious Companies Pour
ing Into Sacramento
.LEAVITT WANTS HELP
CALL HEADQUARTERS
1907 EIGHTH STREET.

SACRAMENTO. Jan. 2l.-Measures
introduced in the Senate today by
Lesvitt OF Oakland and Mckee Of Sac
ramento provide for the appointment
of attorneys and experts 10 aid the
committee on insurance and insurance
laws.
Leavitt. who is chairman OF this
committee. says the work is piling UP
at such 3 rate that il cannot be un-
dertaken without competent assistance
Lobbyists for the fire insurance COM
panies continue TO increase here and
there are already well-defined rumors
that some OF the more important re-
strictive measures introduced will be
given STOW but certain strangulation.
Insurance Commissioner Myron Wolf s
standard policy and the proposed law
stipulating that insurance companies
be compelled to place on deposit a per-
centage OF their quick assets are among
the measures said 10 be marked for the
lethal chamber.
CONVINCING FABLES
The pretense TO be used will be that
Legislation which whips moneyed in
terests from the State is impolitic, but
there are more convincing fables thai
viii probably have justification before
the present session is ended.
Senator Lesvitt will Introduce bill
on Wednesday providing for a shorter
standard form Of policy than the one
submitted by Wolf.
Senator Leavitt saws this new form
has features drafted on Supreme Court
decisions in different parts Of the coun-
try which are not contained in the New
York form, which has been made the
basis OF the one prepared by Wolfe.
Among other things IL guards the in
ferests of the policy-holder where his
property has been dynamited by order
Of military authorities to check the
spread Of flames and provides for local
umpires to settle appraisers disputes
and extends the privileges OF mort
gagees.
DISTINCTIVE CLAUSES
Here are some Of its distinctive
clauses:
This company shall pay within sixty days
after the insured shall have submitted state
ment as provided in the preceding clause the
amount for which Il shall be liable. which
amount II not agreed upon, may be sscertained
by award OF appraisers hereinafter prov
or It may within fifteen days sfter such state
ment is submitted notify the insured OF its in
tentiOn 10 rebuild repair the premises. and
shall thereupon enter upon said prem ises ana pro
coed % rebuild or repair the same within reA-
sODable expedition.
In ,the event of disagreement as the amount
OF loss. ether than on personal property wholly
destroyed. the same shall. upon the written de-
msnd OF either the insured this company. be
determined by appra iSerS; provided, inst 6uch
demand the part OF this company shall be
made within fifteen days after the service of
insureds sworn statement OF loss in which
event the insured and this company shall elect
a competent and disinterested Appraiser. and the
two so chosen shall first select a competent and
disinterested umpire. who shall be resident Of
the county IN which the loss occurred; the ap-
prs Users together shall then estimate and ap-
pra ise the loss. stating separately sound value
and damage and failing TO agree. shall sub
NIT their difference TO the umpire; and the
award Of any two shall determine the amount
Of loss, the parties thereto shall pay the sp
praiser respectively selected by them, and snail
bear equally the expenses occasioned By the
services OF said umpire.
II this policy shall be made payable to
mortgage OF tie insured real estate, act or
default OF any person other than such mortgage
shall affect such mOrteagee's right to recover In
OF loss on said real estate: provided. that
the mortgage shall, on demand, pay for any
increase OF risks not paid for by tie insured:
and whenever this company shall be liable 10
mortgage for any sums on account OF loss
under mis- policy. for which no liability exists
20 the mOrtEagor owner. and this company
shall elect by itself. with others. 10 pay the
mortgage the fun amount secured by such
mortgage: the mortgage shall assign and trans
fer 10 the companies interested. upOu such pay
nent. the said mortgage. together with the note
and debt thereby secured