The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-27
There Was No Mistake.

There Was No Mistake.
jury in the United States circuit
court at San Francisco, after dcliberating
one whole night, by its verdict found
| that no earthquake accompanied the big
fire of 1906. and found against the con-
| testing insurance companies whose poll
cies, with interest, aggregated s26s,4As-
Several Of the policies were in favor OF
tho California Wine association, against
the Commercial Union, amounting to
$557 76S; eighteen In favor OF the same
company against the Palatine for sl51,-
93s and five against the Alliance for
s34,7e7 Small policies with different
| parties made up the balance. A feature
of the hearing was the insurance COM
panies thought they had an exceptionally
| stronS case.
Business Mems Insurance.
From all parts of the country reports
come of tho placing OF large insurance
policies OF the lives of partners and mem
bcrs OF FIRMS a matter of business
protection, In Chicago last week a line
of accident and health was written by
one of the regular companies for the IN
dividual members OF a firm carrying a
premium OF $4,000 on nine individuals,
which is probably the most important
deal OF the kind in recent years. The
firm is in the engineering line, and the
amount paid in case OF disability runs
up TO 100000. and for death by acci-
dent up 10 s250,000. The premiums are
paid out of the firms treasury, and in
case OF disability death the tnsur-
ance money goes TO the organization TO
repay IT for the loss il would sustain
In its business. in addition to the ac-
cidcnt and health features the same. jlrnn
carries 50. 600. o0e life insurance as busi-
ness protection,
Fire Rate War in Texas.
Texas has boon having a rather siren
uous time OF it during the past week
over the new fire rating law. with the
result that Governor Campbell has Is
sued a call for a special session of The
legislature to convene ut AusLin and nj
the same time has requested the resigna-
tion OF Insurance Commissioner Hawk
ms who has declined to resign
The new law, which recently became
operative. provides for a board Of conf
mlssloncrs, with The insurance commits
sioner associated. whose duty II Is to fix
fire insurance rates for the state. There
has been more less dissatisfaction
among the members of the board ever
since they convened and things came 10
a head on Monday last following an
open conflict between the commissioners |
and the other members Of the rating
board.
The board proper issued a letter call |
Ing on all the fire companies TO suspend
collection of the new rates until an
''opcn" meeting could be had Commits |
soncr Hawkins protested against the is
suancc OF this letter and announced that
any company which complied with the
request would forfeit its license: and any
agent falling or declining 10 collect The !
new rates would be prosecuted under the
provisions OF the law.
lt WAS then that the governor took a
hand lie advised the companies 10 pay
no attention 10 the insurance commits.
sioner promising, on behalf OF himself
and the attorney immunity from
prosecution.
Tho insurance companies ind them
selves in a most embarrassing position
but it is understood. they will comply
with Commissioner 1Iaukinss intcrpre-
tatiUn of the law.
In the meantime the war goes merrily
on, and will continue 10 until the lcSisa-
ture meets this week. II is the opinion OF
many lawyers that the state supreme
court will he the final arbitcr OF the dill
forences now existing.
May Drop Insurance.
The grand lodge of tho knights of
PythlaS OF Arkansas has pctitionod the |
supreme lodge To discontinue writing in
surancc in the order. Ono reason ad-
that "a strictly fratcrnal order should
not he bound by the narrow rules of
pure conIuercialism.
Insurance From the Pulpit,
The Ecv. Russell II. Brady of tho Trim
ity Methodist church. Grand Rapids,
Life Insurance sunday or two agh
and had for his auditors the state ASso-
citation OF Life Underwriters. He chost
as his tnSt.
''But IL any man provide not for his
own. and especially for tIiosc of his own
household no hath denied the faith and
is worse than an lnfldcl' q Timothy,
&c, Sv).
New Fire Board for Ogden.
District Manager George V Lawry of
the Pacific Board of Fire Underwriters
visited Ogden on Tuesday last where he |
met with number OF til" junction ciiy's |
fire agents. IT. was unanimously agreed
TO form \ ncw local Gre underwriters
association tho old one having become
extinct through tho inactivity OF the
members, and tho constitution and by
laws OF the former association wore
adopted. After the requisite number OF |
signatures 20 the constitution have been
secured another meeting VIII he called
al which time a. regular set Of officers
will he elected
New Supervisor for Continental.
The Continental Life & Investment |
company of this city has secured the |
services OF w, NJ. MctonnclI pf Spnkauc. |
Wash. rs superintendent of agencies. q |
position made vacant by thr recent re-
signutuu OF Roy NJ Marsh. Mn Nc |
Conncl filled similar position with the
Western Union lifc company cf Spo- |
kane prior tp accepting the present one. |
and for eight years was resident uf |
Oklahoma, where h0 WAS general agent |
for the Pacific Mutual. lie Will assume |
his new duties on July 4, at which time