The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-10-10
News of the Insurance World

sO WI OUYNS TVa M
isled.. False lrc jns'h'tpse policies wero
| provided. and the interest was paid reg
| ularly when It became due. it finally
| leaked out that tho whole transaction
was a i1sud, eliminating in Ramsays ar
! rest. The German American Savings
bank OF Burlington. Ia. Is another of
| iiamaIy's victims and the amount in
| yolvcd IS said 10 equal that lost by the
! Equitable.
He Might Get Used to It.
A general undcrwriter who lived in
| Chicago died and az he had been q good
nc would not notice any change of resi-
dcncc. Gut he was kept awake during
his first night by the most appalling din
that seemed 10 como from TN. room nent
door. Next morning he complained 10 the
ianitor.
az wan; Ia change my room" he said.
~ mover viii he able 10 sleep next 10 that
internal noise III the room neMt door"
why. VIC put you in there" replied the
Janitor, ''a8 special compliment That
room next Ia you is the uuietcst In tho
house. That's where VIC keep The echo
records of the speeches made on earth
at insurance conventions"
WhcreuDon the Chicago man said all
right. he might in time sci used "A, II
Field.
Moro Words Of Appreciation.
The Tribune is in receipt of the follow
lug letter from w VI. Mcconnell super
iutcndcnt of agencies for the Continental
Life Insurance aul Investment company.
under date % September - coniirrncl =
ing This paper for tic course it is tax
ing in giving lis readers tho latest in-
sUr1uCc news:
Il have noticed the space YOU have
gwen In your splendid paper cacn Mon
day morning 10 tho heading uf News
- fln Insurance. tLnrlI 11, 4
same WIZ much interest. on Last Mon =
day We purchased 100 co7,cs because of
one ITEM appearing under thc heading
above mentioned. We had q copy aiailcd
| TO each OF our agents in tic 4lcvun
stes in which NC op.:,I-e.
II merely wish TO Lei you SNOW. rs
no doubt many others are, being In the
insurance business. We do not overlook.
anyone who assists Va in helping "a IN
form and educate The people On :usur-
euce matters. We VINO are in tho bust
ness take Insurance journals; which on
| bic us to keep postad on these i,npor
tant items. However, these Journals DO
not reach enough peopic. Your paper.
with its large circulation certainly f!lS
a long-feli want. II the citizens would
better acquaint themselves with the in
surance laws and rulings and irS,ruc-
tiops of our insurance commissioners.
from time 20 time they would save many
dollars thereby
Insurance Notes.
Tho 1.-TWO Hundred Thousand Dollar
Club" OF the New York Life Tor 1919 con
tains 15S members. representing s37eO2.
oi7 in psid-tor life insurance written
during the club year. John D. Spencer
OF salt Lake City holds e membership
in this club.
The Colorado National Life has been IL
censed 10 do business in California.
Local fire agents estimate that from
$4,000 Ia 100000 in premiums In the
gl1t- Nz.,,.
nature by resident agents. the lines 60
ing TO individual underwriters, mutuals
and eastern brokers.
NJ. e. Vincent cashier for the Trav-
clers' Insurance company's branch Office
at Denver. after ten years service has
resigned TO go into business FOR himself.
lie has many friends in Utah VINO wish
him well,
Wednesday last was Insurance day"
al the state fair. All of the city offices
closed at | O'Clock. in order that the en-
ployces might attend.
The Colorado Trades and Labor assem-
bly has launched campaign among tho
states legislators looking 10 the euact
ment of an employers liability law Tor
Colorado.
The regular quarterly meeting of the
Utah Association of Life Cndcrwrl terS
will take place at the Commercial club
tomorrow crucsday) evening, commenc-
ing al sharp. An attractive programme
has been prepared, WliGD lHGlnueS Il pllHe
sketch OF thc Detroit convention by Seo-
rtary i. V. Smith, and presidenr Meltser
is desirous of a full attendance Of tne
members.
Darwin p. Kingsley. president OF the
New York life, is firm advocate OF the
federal supervision OF Insurance.
The comptroller Of the currency at
Washington has ruled that A national
bank has no power 10 use It's funds IN
paying premiums on policy OF insur
ance upon the life of its president or 9TH
cr officers, not indebted 10 the bank,
though the policy be payable 10 the bank.
The latest tabulatlon shows that Des
suraucc companies of various classes, oil
which fortv-threc arc under the super
vision of the state insurance department.
The exemptions are the lowe state
Travelling Mems asSocio ton and the
Northwestern Livestock Insurance asso-
citation.
The appointment of Willard Done as
head of the state insurance department.
meets with favor among insurance men
generally.
The Aetna Fire has moved It's north
western branch department from Omaha
to Chicago
The attorney general for the state oc
Washington has filed in tho superior
court al Seattle complaints asking re-
ceivership for the Northwestern Live
stock Insurance company and the CIu-
hn,