New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-06-02
NEW INSURANCE BUREAUS
Work of Additions to Depart
ment Outlined by Supt. Emmett.

William T. Emmett, State Superintendent
of Insurance, has established three new bu-
reaus In the New York City Office, rate
making associations bureau, with Samuel
Deutschberger as examiner in charge;
complaint bureau, in charge OF josiah l..
Wood, and an investigation branch of the
existing brokers' bureau, IN charge OF Will
bur II. Nangle. These bureau heads are 10
report to the second deputy superintendent,
James j. Hoey.
Superintendent Emmett, In discussing yes
terday the purpose for which the new bu-
reaus were established, said:
The laws which were placed last year
upon the statute books as result OF the
Merritt investigation committee nave
greatly increased the scope OF the author-
fly Of the Insurance Department. In addi-
ton to carrying on the work OF examining
insurance companies. which in the past
has been the principal work OF the New
York City Office OF the department pro.
vision must now be made Tor the prompt
and efficient handling of the new line OF
work The investigation and licensing OF
brokers, the regulation and supervision OF
rate making associations, Investigation
of violations OF anti-rebate law, lnVestlga-
ton Of cases of alleged discrimination In
rates Investigation Of fraudulent practices
etc, arc some OF the new matters re9uli
ing attention. Two new bureaus ana an
existing have accordingly been estaDlshed
IN charge Of experienced officials ana as
sistants, who will devote their time eH-
clusively TO the various matters outlined.
AS TO the rate making aSsoGlatIon
bureau, the department has already coII,
pleted an examination OF the unuet"lIueLtS
association, whose jurisdiction Is tl,rousm-
out the state. exclusive OF New YORK ,itS;
and an examination is now being maze OF
the New York Fire Insurance ENcnahse'
The results thus far have proven that tne
department can be OF great assistahoe ~ ~
the public in securing good insurance az
the lowest rates possible consistent WIN
sound business principles. ALREADY tnres
hearings have been had on complaints i,ieu
against the New York Fire Insurance I'm,
change as TO discrimination In rates anu
as the public becomes informed that ths
department is giving careful attention ana
investigation along this line me , worh 90 %
this bureau Is expected steadily TO increase.
To the complaint bureau VIII ne supii ,i =
ted miscellaneous complaints, OF when Ine
department receives many. frauouIeIi i
practices on the part OF insurance soul-
panies' agents or brokers. violations or the
anti-rebate law. etc, Will receive prompt
and careful attention. .,-,,
The Investigation branch OF the eXisths
brokers' bureau has been created 20 com
ply with the mandatory provisions or tne
law passed at the recent session OF tne
Legislature, which goes into enect on JAZZ M
nary l. 1918 Under the provisions or thls
law the department will not only nave 70
ascertain whether or not every applicant
for a brokers' license Is principalS en- en-,
gagged in the insurance business. but WIZ
have 10 determine also whether such ap-
plicant Is competent and trustworthy.
There are about ten thousand licensed
brokers in the state and personal inNes-
tigation will be made 10 ascertain whether
or not the applicant is entitled to license.
Many lawyers. clerks. contractors. property
owners and others who get out ncenseS
for IN. purpose OF securing the commits
sion on the insurance on their own prop
ertv will not be permitted 10 continue as
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