The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-08-09
!. *"*~**.:. !. -. :. 49,. !. ).
PALMER is A LIVE ONE,


That Governor Osborn made an adj
mirable appointment to an important
office when he selected C. A. Palmer. of
Manistee. to be state insurance COM
missioner has been shown by the Wig
orous work Mr.. Palmer has already
done i'm his department and by the i'm
portant task conferred on him by the
National Convention OF Insurance
Commissioners when he was elected
chairman OF the committee to inves-
tiga te a group of suspected companies
issuing industrial insurance. Serving
with Mr.. Palmer on this board are w.
III. Hotchkiss, superintendent OF the
New York insurance department. the
most important department of the kind
In the country; Fred w. Potter, super
intendent of the Illinois insurance de-
partment; Frank II. Hardison, the
Massachusetts, insurance commission
er; w. e. O'Brien, the commissioner
for Indiana. and Col. Joseph Button,
the commissioner for Virginia and
president of the National association.
The companies that are being inves-
tigated are the Continental Casually
Chicago. the North American Accident
Insurance, Chicago the Phoenix Pre-
ferred. Detroit, the Standard Accident
Insurance, Detroit, the Federal Casual
ty. Detroit, the U. S. Health and Acct
dent Insurance. Saginaw, the Fidelity
Accident, Saginaw, the German Com
mercial Accident, Philadelphia, the
Massachusetts Accident Insurance.
Boston. and the Ridgely Protective
Association, Boston. Chairman Pal
mer Is reticent about what has been
ascertained concerning the companies
under investigation, but a meeting of
the committee has been called for De-
'h rhhhhSN III NlltH IL - BtHtIul-
ly understood that the committee will
consider the data and Information
gathered by the examiners that have
been working, under its direction. The
companies under fire have been mott
fled Of the proposed hearing. and are
expected to be represented before the
committee, as they will be given the
privilege Of making a showing in their
own behalf.
Up to this time there is little infor-
nation as to the exact nature Of the
wrongful practices of which the casual
ty companies are suspected, or of what
the Investigators for the committee
have been able to uncover There is,
In fact, much uncertainty surrounding
the whole subject. 1t Is estimated, but
not officially, that some serious dis
closures that may affect the organiza-
ton Of some of the companies will be
made. The Detroit meeting will doubt
less clear up the uncertainty
The mere fact that the inquiry was
ordered indicates that the National
Convention of Insurance Commission
ers was in possession of information
rejecting on the integrity of some of
the companies probed 1t is now i'm
20 'tant that the companies that may
have been wrongfully conducted be ex-
posed and that those that have been
managed be given a clean bill
Of health. That the National Conven-
ton is moving so vigorously In the
matter is cause for much satisfac-
ton. These companies are insuring
of thousands OF risks and
have an aggregate annual income run
ming into the millions. IL Is assured
ly the insurance commissioners bust
ness to know that they are being
managed.-Mining Journal.