The advocate. [volume] (Charleston, W. Va.) 1901-1913, 1907-02-21
INSURANCE. BILLS
! x, y 5.ItF.% EissG 70.
{ ef%.s ;. ). ~ SIS sf, 2 "a. sH>.., j., 4 ~: s.
PASSED. By tie Senate
" M 20 y. s;Ex;S2 Ifxs&,' * f1','
t Yesterday L.
4 70 & "A ~. q a. 81, -. q il,
M:lEASU RES

L. - ~ x. = ~ r. -. j: ,E>..' =. {! ?.
Should the house. pass. the bills,
that went through the senate ,vestter-
tday afternOOnss West Virginia viii
have' according to statements OF
fthoae we'll spested, ilnsurence,, laws
that are, second to none in the >t,oun.
fry. The bill providing for q general
provision iuI the insurance code and
strehgth4ninE ut In many particulars
was adopted inEsboth houses and those,
acted upon I'm the senate yesterday
are supplemental ~ s,,n - ~. -
;" To Auditor Arnold G. scherr be-
longs q great deal of the credit for.
Inc lel ilmpfpvem6at In the insurance
laws. =; During; the past year he has
| amended several conventions of: au-
ultors Ana Insurance commissioners
ana had the opportunity to exchange
Ideas with ms best posted men In the
United States - '.s.%f '''E" :,
| =, AZ one of; these meetings he was
appointed q special committee to
write bills To be- presented to the leg
isiatures. In all. the states; The pri-
| mary object Fla all the legislation is
to better safeguard the insuring pub
Tic and to pfeRant the practices that
|haVe q. cai6aa9 numerous scandals
among the biz companies. = Z.
} = AS these Shtlls are, Of a technical
tnatu re very few of, the senators were
able, because <pf many other, duties.
to thoroughly master them and they
tEelieds upea the 5ud gment, Of Auditor
!echerr.! several of the senators
|niimenfs T. 'snea Pay MN nigh COM.
r. Ron 90 10y -. tAS nllls:
Edence and fortEtbe fnrtS or W ro oonn,
tthat the sanaf,,rs have . binh re aso1
| FOR, his ahIIiFT, no an ins,,,.a 81 losal"
EnnissionayI aiys hil,s wnro anao go Soi ~.
1.-THE senate. iixnafprda nftor,nas,. 10y
| out a single anoandment,hn,n 80
This is truly q wonderf1I racaud 1De ,,
| Senator McKown had ~ go 20,
| the bills aa4 chairman If Tho noron,;t.
[tee on inaiirafiee 'rhara = . ~ baa,,
fparfect. ,accord:g between the auJ,tSr
FRnd this cnmRnfttee and tha ras;,ff
| Of this wak annarent Vesterdav of{a,.
moon: Senator McKown renorfed the
action! Of the senate 10 fba ho,,so
land tjis Axnasfed that tha h;,,s wfgI
be taken .,rn Fi,ere heforn tna - g.
over. -. ~, -..,.2S;iE |"' 40
Probably Thu most innortant 10
the ak Bills SnNo. i "a which wa.
Esought : 10 he Sam end ed, ;, :. Thja Hill
Efeauires an :, assItuaf annarffon,oo,3f
land aco0uqitfrasrfS ;s,lrnIua r,f Ifa =; =
IsuYhnee eembaniest AS to .noIie;ag
heretofore fssneI The nuesfinn os
the constittttfonality Of. this maasura
was discussed Sanators Kidd and
Marshall stating. 1t will not hold
good in the courts. -; e>,7 :,
f5t.4 oilowing is the Important featura
Epf theHbiIl; :: ~, LII ,.::',~
{ Sea ~ il4t,,e,,,, ia, 8xS;,u
MINT -aninA+ h,,usS .s. q, .t,s. "nce conl-
Ef1nefad ho' tboE .as,4 =. Ints sea'e con
(which o6Iinv hh1days tsra p nn4t.,o. t 40
Esbara. III: Sa,s ,,rn{stat - tIieu ~
nn" M aus pt 20 s OF surplus shall
ltoFora 3aus,t.d unanr ~ $500. sasS9 nere
whicf, :thsa aistrt4tSta.i% Sohuitlohs oI
aagertesS :tt, - :fxaa' ~. ~ saIplus ID
ana tonfinpant ;snan Chs ~oiin2, 1 tiile
l{n force and ybat ~ s,,no boi i;,s,, neins
Ethaf tfroe nnn,,a1,1sS snao ntvins a.
| amn},nf -of SURVIVING ~ ,,,h1oI I'll .iie
Epoficies 1ss aanara(,i'alosa o. ou In
4 t,tiad s "a, n onp@r@te cIass are en-
4 10 Such r,ot,cias ar a. hia -, -, appoi Iioit
NJ surniua On auoaTtatnnd S'tou l.
the amount ~ sTch annnn+f %mu vary
/ plus nIns tbe act,1a Dp iTto 1870 SUI
4 fngs and accretinns NJ s,tnt, S,,n Sa' ~
| a distinct and eanuaato 1i,hii;tL,, 90 90
j such class or poIfcios IN nnd ~ ~
j which the same ,waaTs .oo,,,n',i u toi
4 and no ,comnanv ar .Tv 20 49, o@oeuL
shall he nermitted To ,,ae ~, an Uine ert
fof such annortioned surn nv S f"pd p e.
/ any nurpoae whafevar otber tban fo1
/ the express nurrosa For tybinh ~ ~
Esame, was acc1imnlafed Evnrw co NV
i pahy' having In force anv s,,oh ~ a.
iferred dividend policies abail aiso st
the same time Of the, naiIina oS no
>annual premium notice furnish to