The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-06
News Of the Insurance World

| Another man mentioned for the post
is Charles D. Norton. who will shortly
| Taft. and who stands high as life In
surance underwater. II Is not now he :
| iieved that either George w. Perkins
or Gage Il. Tar5el can he Induced to
accept the place.
In Honor Of President Powell.
Henry j. Powell. president OF the Ma
| tional Association of Life Underwriters.
has written Vice President !. p. Spen-
Ger advising him that In connection with
his visit to the various associations
throughout the country. he will not be
able TO reach Utah until early In June.
In this connection, 1t is interesting TO
note that plan is under way looking
TO a meeting at Glenwood Springs. Colo.
OF both the Utah and Colorado associa-
tions. with President Powell as the guest
OF honor. The idea originated with J.
citation. and there is every indication
that the project will be "a go The
plan Is to have both the Colorado and
Utah associations defer their regular
meetings in Nav and join In a grand re-
union at Glenwood Springs.
The governor OF Colorado and the In
sursnce commissioners OF both states will
be among the invited guests. Nesotia
the carrying out Of the joint session.
The Evil of Rebating.
State Insurance Commissioner Willard
Done has offered an amendment TO the
present insurance code. providing PEN
atty for rebating In all classes of insur-
ance and making the givcr equally guilty
with the talscr. Heretofore the law OF
rehating included only life Insurance
Anti-rebate laws accomplish but little "
any direct good but the re ba to practice
causes immense harm and any agent who
practices il is an enemy OF his associ-
ates who may he bound by honorable
pledges and he is. moreover, destroying
his own business efficiency Many In
surance men may well differ about the
practical effect Of anti-rebate laws. but
there should be no difference OF opin
ions about tho criminal nature of the
practice OF rcbating.
In studying the effect Of rehating upon
public policy, as shown by the records
for the past seventeen years. and pre-
ceding the upheaval In 1906, 1t is plain
10 be seen that rebAting came at last
TO be organized Into a fine art that
greatly increased the cost OF ltc In
surance. promoted gambling policies. de-
moralIzed the practice OF the business
and resulted in such carnival Of eN-
travaganca as has cost the insurabe peo-
Pile of the. United states hundreds of
millions Of losses Rebating was the root
and stock OF the whole evil
Insurance Notes.
e. f. Miller of San Francisco. repre-
sentinE the Hartford Life Insurance com
pany, is a Salt Lake visitor.
The fire bug" that has been terror
izinc the residence section OF Enid. Okla
OF a ten-year-old boy. The youngster
gave as his excuse that he liked 20 see
the fire burn and the engines run
Robert b. Cameron. general agent OF
the Pacific Mutual Life IN Salt Lake
City. returned from Omaha Tuesday.
Cameron's visit was on important busi-
ness connected with his company.
The Order Of Mountaineers. with head
quarters at Billings. Mont. has been con-
soidated with the Mystic Tollers OF Dcs
Moines. Iowa, and Utah claimants against
the former are finding II necessary TO
present their claims to the latter.
President Joseph MctzGer OF the Utah
Association Of Life Underwriters. who re-
turned from New York last week. said
that he had heard nothing but words OF
praise from we'll Uniformed insurance men
for the good work that was being accom-
plishcd by the association members.
George n. Adler. manager for the inter-
mountain country OF the Uatloual Life of
Vermont accompanied the Elks on their
excursion Saturday. Adler expects to be
absent from the city for about month.
The annual election Of officers for the
Utah Life Underwriters viii take place
the first Tuesday in April. AS "a number
of the present officials are now serving
their second terms. IL is believed COM
nlctc change in the official roster will
be made.