Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-07-08
Io1oa Employers Liability and
Workn1ar1's Compensation Act
tBy Charles s. Kaufrna n Of IN. r,.v.,,or, e..,
Copyright 1914 by Charles g. Kaufman.

board. Stairs are 70 have trsads IN
good condition. hsmiy secured aAa.
with no protruding boits, screws Or
nails and are to be equipped with haaA
rails thirty-six inches in height fsoea
the center Of tread on all open sid1s;
on one Side Of the enclosed stairway
less than four feet in width, On beth
sides OF an enclosed stairway over four
feet In width and on both sides and n /.
the center OF stairway over six feet
in width. Movable ladders are to ~,
provided with safety hose. EevAtorv
are to be equipped with . speed COVER
nor arranged to actuate safety catches
on the car and to be provided with an
approved signaling system. FteigSt
elevators must have \ sign 70 that ~
feet and proper protection - to Be-
placed underneath over head sAeaves.
All power working machines are %
have gears. sprocketa. chains, bands
belts. puilys, clutches. wheels, SHAFT.
Ing spindles. couplings. counter
weights. revolving and reeiprocatine'
parts or projections guarded IA ap..
proved manner. = @@
LikdsvISs oil roller tea mlcAiAeS oH
which the operators hands come with.
in the danger zone or having shAar.
Ing, pressing, squeezing or other ae.
ton must BE- guarded 1t the point or
operation in approved manner. There
are various other rules AZ to elevated
runways and platforms. boilers. steam
engines. gas engines. electrical ana
power transmission equipment, etc.
Above Schedule Rass.
Statements have been made that the
ma tNA d. Az -
tory Is not modern oa.. AZ a mat.
ter OF fact. factory. must De yerv
bad to be penalized.
Safety Appliances.
The act provides. The Iowa Indus
trial Commissioners. cooperating With
the employers affected by this act. az
any committee or committees appoints.
ed by such employers or the Iowa In.
dustrial Commissioners, shall nx stAad-
ards OF safety for appliances o. places
OF employment except mines under the
Jurisdiction OF mine inspectors TAal
very likely is the reason for the Work.
mems inspection bureau. which ts uAid
to go into existence with -this act
Profits ~ liability Insurance Gem.
pAnies.
Much has been said about the proAts
made by the stock insurance compah-
les. For this reasson mutual Insurance
companies have proven to be very
popular. Let us. however, ese what
premiums and loeses have been paid by
the various companies In 1919 and
then for ten year period
The highest amount Of premiums on
liability insurance received by any
company in Iowa during the past year
was t93.560.70 and the losses pstA ~
this company were , s5.414sS. The
next highest were $Ss.Sa7.S6 premiumse
and 33s.2s5.5s losses: 3sl,i3l.sl prem.
iums and 3193sl.75 losses.. some
others were $64,Se1.sl premiums anl
322,244.4S9 losses: $43.1s40s prsmiunyo
and $26,7ll.49 losses. Tho srsAesst
amount Of profit made by any Of the
companies were S2.047.ss premiums anl
$5o.ss losses, s5.37s.37 premiums aad
$520.37 losses and S2.734A1 premiums
and S354.00 losses. The two companies
which paid more losses than they re-
ceived premiums were 31l,o27s3 pre-.
miums and a13.S57.5S losses and 43lo.3f
premiums and Ss46.73 losses. OF couSse.
in considering the profit OF the COM
panies in this paragraph the cost Of
adjustment, commissions operative and
other expenses must be taken into con,
Sl0of0t1On.
Ten Year Period.
The experience OF the other years a
which the liability insurance business
has been done in Iowa 10 very mueh
similar to that in 1918 The ioseeD
dncluding the amount paid each policy
holder, the cost OF adjustment, con.
missions. operating and oil other e.
pcnscs) from 1909 to 1911 proportionod
to the premiums received are an In
teresting study. The highest Per cent
OF such lossea to premiums during this
ten year period OF the companies %.
ing business in Iowa are ls5 per cent
1866 per cent 1ss per cent and Toe per
cent. The lowest amount Of lossse
Closes including the amount +pAia
policy holders. cost Of adjustment
commission3, operating and All shsr
expensesl propoftioned to tho pro.
miums received were 30 per cent %
per. cent, % per cent. 10 per cent ana
~ per cent. All Of the other pGopo9-
tions Of stock liz bilttv companies 49,
business An Iowa during this tea yO1f
period vary bstwesA - and ~ -