The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1911-09-01
INSURANCE men
WILL VISIT N. D.

j
Bismarck, N. D.. Sept 1.-comrnis-
sioner OF Insurance W. G. Taylor re-
turned last evening from milwaukee,
where he attended the forty second
annual meeting Of the National Con-
vention OF Insurance Commissioners
1t is believed this Is the first time
North Dakota has been officially rep
resented at one of these meetings.
Some time in August, 1912. train
load OF insurance commissioners, act
uaries and various representatives OF
departments and companies will pass
through Bismarck, en- route to Spokane,
WASH" said Mr.. Taylor. That city
captured the next convention in a
contest with Buffalo, Niagara FANS,
ST. Louis, Chicago. and other cities
I tried to induce the commissioners to
agree to stop over in Bismarck for a
day, and assured them royal entertain
ment. But inasmuch as the itinerary
includes a trip through the Yellow
stone Park, the commissioners were
not inclined to make an intermediate
STOP They did agree. however, to keep
a sharp lookout for the penitentiary,
the Indian school, Fort Lincoln, the
old brewery building and other notable
objects OF interest at or near Bis
marck.
Yes, the convention was very In
| teresting one and the result of it's de-
| liberations will be felt most profound
ly In the insurance field. The report
OF the committee which recently ex-
amined into the affairs Of fourteen
casualty companies doing an indus
| trial health and accident business was
extremely sensational. Nothing OF
such Importance has been brought TO
| light since the famous Armstrong In
vestigation OF life insurance compan-
les in 1905. IL the case Of the four
teen companies so far examined 1t was
shown that the claims departments
were honey -combed with fraud. The
| insured were trioksd out OF their just
| indemnities by all sorts Of subterfuge
| and sharp practices; and the skuldug-
gerry. was all the more pernicious from
/ the fact that the insurants are OF
the poorer classes-coal miners, fac
tory hands and the like-who are
4 least able to protect themselves. Sew
eral OF the companies examined are
authorized in North Dakota, but Of
course only a small amount of indus
/ trial insurance is written in this state
"As a result OF this Investigation
and of the others TO follow-drastic
| action will be taken by the insurance
commissioners in the various states
| Acting as a body they demanded the
| instant removal from the industrial
/ departments of the companies exam
ined of the officers who were most
culpable The entire business will b
overhauled and the rights OF the in
sured carefully safeguarded in the
Il future.
'Tn view Of the gravity Of these
matters, and Of other matters requir-
ing attention, the convention did not
adjourn sine die, as usual, but merely
took a recess and will meet again in
New York City in December.
"As host to the convention Milwau-
kee done fine.' The entertainment
features included automobile drives
boat ride on Lake Michigan, troll.
ley ride to Waukeshau where the fam
GUS White Rock springs and othel
mineral springs are situated q yer
sonany conducted trim to the very
famous Pabst brewery, etc. Milwau
kee seems to be a clean orderly city
even though the municipality is be
ing run by socialist administration.