Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-12
Municipal Corporations.

, MunieipaT CoepoeaStoHos
The state and sub-divisions' thereof
as counties cities and school distrtcts
will be permitted 70 carry their own
insurance upon tho. flling of prcpsr
statements With the insurance depart
ment. No guarantee fund - required
in such cases because the credit OF the
community IL pledged.
Commission Limitations.
The act provides. mo insurer OF any
obligation under this act shall either
by himself or thru another. either di-
rectly or indirectly. charge or accept a.
a commission or compensation for plac-
ing or renewing any insurance under
this act more than fifteen (ls) per cent
Of the premium charged"
Premiums Must es Paid BY Emplsyer
The employer must pay for the in-
surance taken out: he can not BY cons
tract Of employment, relief benefit In
surance or other device require tbal
employe to pay any premium or tnouf y
ancs. II he holds any such amount
from tho wages for the purpose Of pay
ing premiums he II guilty Of miDds-
meAnor. -
Provisions Required In Policies
Every insurance policy must cootain,
. clause providing that knowledgs Of
the occurrence OF injury or desth on
Of the insurer; that the insurer o09l1
be bound BY every agreement adjust
ment, award or judgment rendered
against the insured and that the work.
man shall have . first lien upon any
amount becoming due on account o.
such policy to the insured from The n.
surer from payment II the insured =
insolvent.
Insurance Based On Pay RON.
How determined: The insurance.
rate in any particular line Of buanesS
il baaed on . standard schedule aired
upon and authorized by the rating and
classification committee Of the work,
mems com pensation service bureau. .
corporation maintained and supported
by the stock companies. This rate 10
determined by experience on q pay roll
of 800. The weekly pay roll multi
piled by the number Of weeks In the:
year (53) Is the amount on which the
insurance rate n computed: viz: the
rate given for every 500 pay roll for the
year.
Pay roll: The pay roll must include
all wages Of any nature. Therefore.
where employees are paid In whole OF IN
part, by board. store certificates. mef-
chandise credits or any other substi-
tute for cash. such form Of payment
shall be considered as wages or part
wages Often II II difficult 70 tell what
the pay roll really is-particulaxly II
piece work-and. therefore, the actual
expenditure during the preceding year
should always be stated ~ an indiea-
ton OF the sufficiency Of the estimate.
Not pay roll: The executive officers
Of the corporation ~ president. vice
president, secretary. treasurer. snum-
Grated in and those who are empowered
by virtue OF the bylaws Of the corpor-
alton are not included in the pay ron
Unless their duties expose them 20 the
operative hazards Of the businesA A.
q matter Of practice superintendsnts Of
departments are often not included In
the pay roll because Of . better COM
sensation agreement with the employ
er Hereinafter discussed under mutual,
insurance). Likewise. the pay roll does
not include special reward for meritor-
ious achievement. discovery. pure srat-
uities. profit sharing and the like when
they are no part Of the contract Of en-.
ployment.
Enforcement Of sufficient insurance.:
In order that sufficient Insurance. 10
certain TO be carried the act provides.
"All books. records and pay rolls o.
the employers. coming under this act
showing or rejecting In any way upon
the amount OF wage expenditure Of
such employers. shall always be open
for inspection by the industrial COIN.
missioner or any Of his representatives
presenting q certificate Of authority
from said commissioner for the pur-
pose Of ascertaining the correctness o.
the wage expenditure: the number of
men employed and such other infer
nation al may Be necessary for the
uses and purposes Of the conmtso1onor
in the administration Of the law