The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-01-07
INSURANCE LAW 0. X.
Commissioner Barnes Says New Meas
ure Is Success.

c w. Barnes, state insurance commits
siener, today gave out a statement show
ing how the Kansas insurance law has
operated to reduce the cost of insurance
Following is Mr.. Barnes statement:
erty. '''e' ~ piop-
..Erst-Brick dwellings with metal roof.
Second-Frame dwellings with single
There are few brick dwellings with
metal roof in Kansas, but the rate such
dwellings bear is interesting.
The principal business in the state of
kansas is written upon frame dwellings
with Single roof.
he comparative rates are. Brick
dwellings with metal roof:
Slncago OBSERVATION-DISCLOSURES. 3Oc
with additional charge for exposures.0
o. Go,S+o7ts .....-.---.-... l5c
with additional charge for exposures. 90
Kansas City Mo- ...................... CSC
Oklahoma City :. Observation-Disclosures. Sc
Frame dwellings with Single roof zoe
with additional charge for exposures sVe
within 50 ft.)
with additional charge for exposures
within 20ft.)
Kansas City, Mo-. ...................... 4oc
Oklahoma City :. :. ACKNOWLEDGEMENTS. Sc
Kansas :. soc
While it is impossible to determine the
e towns mentioned, yet the congestion
of construction makes it reasonable to as
exposed property and that the percentage
exposed Is very great. Hence the ex-
posures increase the rates in the cities
| specified by from 25 to so per cent.
1.-THE new insurance law in Kansas
under order by this department, removed
the exposure charges, and the rate on
brick dwellings with metal roof is 81
cents, and frame dwellings with shingle
roof, 80 cents.
Il have COMPLETED a comparison of the
r ties existing prior to the enactment Of
the new law and the rates made under
authority of the new law by this depart
ment of Insurance, working under au-
| ority of the new law, has obtained 6
reduction of 81 40 cents on every 500 ni
| insurance The general average rate ir
| these 264 towns. under the old law. was
| $2.Ii plus. In the same towns the genera
partment under authority of the new law
| is Si.S6 plus, or general average redue-
ton in the -usiness of insurance generally
| in commercial lines in Kansas of II 81
1.-The average reduction in the rate fol-
| insuring the homes in Kansas is 141a pei
| cent
ssThis insurance law has made about as
| much trouble for the insurance rebater a
railroad rebater but it is bringing benefits
| to the people of Kansas, the extent an
| absolute value of which has not beer
| legislature in the history of the state
and I challenge insurance men, business
men or the critics of this law in any wall
of life to disprove any of the staten ent.
| of the benefits to our people.
| st have called attention to extensive
/ improvements being made and the elini
nation of the hazards in all classes o.
property. These improvements are ex
| tensive and important and many daily
notices, received at this office of credit:
| for such improvements. prove that tn,
| work is being done and that the individ
ual who is doing it is obtaining the con
r<,f7 he G1l-
/ tific application of the schedule, which i.
now being made in this state
| IF the general good and the benefits t.
tho people of Kansas are considered /,
/ connection with this law, it will COVER
| the insurance business in Kansas at al
times If the complaints of the CAPT
! talists rebaters. the insurance companie.
i and the CORPORATIONS are given credence
/ the law will be repealed"