Los Angeles herald., 1908-08-18
INSURANCE MEN
FAVOR CONTROL
BY GOVERNMENT
EASTERN DELEGATION ARRIVES
IN LOS ANGELES
INFORMAL DISCUSSIONS SHOW
DRIFT OF THOUGHT
Chamber of Commerce Will Tender
Reception to nderwriters-EIab-
crate Program for Entertain
ment of Visitors
TODAY'S PROGRAM, CONVENTION OF
NATIONAL ASSOCIATION OF LIFE UN-


TODAY's PROGRAM, CONVENTION OF
NATIONAL ASSOCIATION OF LIFE UN.
DERWRITERS
Morning session at 10 o'clOck-InvOcatiOn
by Rev. Baker p. Lee of Christ Episcopal
church; addresses Of welcome by Mayor A. @
Harper, George L. Cochran, president of the
Pacific Mutual Life Insurance company, and
John w. Wilmington, president of the Life
Underwriters association of Los Angeles
roll call of delegates, reading of minutes and
reports of Secretary Will A. Waite, Treas
urer Ell ID. Weeks and of the executive COM
mittee; presidents address by Charles Je-
rome Edwards of New York.
Afternoon session at $3.50 o'cIock-Address
by Il. Myron Wolf, insurance commissioner
of California, '"The Relation of n State In
surance Department to Those Who Buy and
Sell insurance." discussion of flve-minute
topics: HAS the Opportunity of the Legiti-
mOte Life Insurance Agent Been Improved
by the Events of Recent Years?"; Public
Opinion of Life Insurance, How to Keep 1t
Right" address by Charles DObbs, Louis
vile, KY, Education Of the Agent"
A reception and ball at the Hotel Vir-
ginia, Long Beach, will be given this even
Ahb AOA AhO uSACBubOS anu bhCAh
All business meetings will be held at the
Berean hall of the Auditorium, 427 West
Fifth street, and are open to the public.
The eastern delegates to the national
convention Of the Association of Life
Underwriters arrived here at $50 last
night, six hours late, but enthusiastic
over their reception to California. The
officers and the greater number of
delegates are registered at the Alex
andria. San Francisco'S delegation has
headquarters at the Angelus.
President Edwards address, which
will be delivered at the opening meet
ing this morning, promises to be an
exceedingly full presentation of the
life insurance situation. 1t will con-
tain some valuable recommendations
as to future policies. All meetings of
the convention will be full of discus
sion on this line, more so than any
preceding 1t, and the presidents ad-
dress will summarize events in way
that will direct the discussion along
the most profitable channels.
Probably the most important feature
of this Sort judging from the informal
debates when the delegates came to-
gether at the hotel last night, will be
the expression favoring federal super
vision of insurance. This is the more
interesting because 1t shows great
reversal of attitude. Most insurance
experts have been against any federal
Intervention heretofore, but the Los
Angeles convention will probably show
practical unanimity the other way.
This is even true of the delegates from
the east, whose companies have had |
some bitter experiences with 'investi- |
cations" and other rather irregular
methods at the hands of the state Off
cials. They have come to the belief |
that it would be better to take their |
regulation in one uniform dose. and |
that this would be in the main less. in
expensive and more definite and cer- |
tain, while perhaps more satisfactory !
to the policyholder.
To Revise Constitution
The most important business to come |
before the convention is the complete |
revision of the associations constitu-
tion. The present constitution was
adopted in June, 1890, and has had no
changes since Insurance has been !
completely revolutionized since then,
and the association has in every way
outgrown the constitution and bylaws.
The new one to be presented by the
revision committee has been prepared
with a great deal of care and is consid-
cred adequate for the rapid advance
which life underwriting is making. 1t
was written by Charles W. Scovell of
Pittsburg, Pa, chairman of the ex-
ecutive committee and former presi-
dent of the association, and one of
the most thoroughly informed men on
insurance in the country.
Considerable attention will be given
to a discussion of the question of tax
alton, which is a problem in a number
of the states. The delegates who are
troubled by this question hope to take
home ideas which will be of material
benefit in proposing reasonable legisla-
tion and in preventing oppressive and
uncalled for statutes.
Delegates who arrived last night were
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