Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1914-08-02
CON-, TAYLOR
GIVES WARNING
ADVISES PEOPLE AGAINST
INSURANCE THAT DOES
NOT INSURE.
OUT EXAMPLE
States instances in which farmers
who tried to cash in on hail
loss rot no satisfaction.

That the people OF North DakOt
every year pay, in the aggregate
large sums of money for insurance
that does not insure" was the opin
ion expressed by Insurance Commits
sioner ". c. Taylor. Attention wal
called to efforts which the Depart
ment is constantly making to protect
the residents of this state from i'm
posters who seek to exploit fake In
surance schemes herein.
GIarinp Example.
According to- Commissioner Taylor
a glazing example of this sort OF
%skulduggery is afforded by the activ.
tiles of the American Registry Co. OF
Erie, Pa. This concern is running
an advertisement in quite a number
Of newspapers In North Dakota un-
der the caption, $4,000 Death Bene-
fits" and the number of injuries
coming to the Department prove that
"it pays 1.-THE company to adver-
tise." For the modest sum of six
dollars per year the American Regis
try Co. promises a death benefit OF
$4,000; a benefit of $1,000 for loss of
limb or eyesight; SIS weekly benefit
in case of accident or sickness, etc.
The concern adyertises itself as a
reliable insurance company, with
$1,000 state deposits for the pro-
lection Of policy holders and to guar
antee the payment of claims"
Now, what are the facts? Commits
sioner Taylor states that the Ameri-
can Registry Co. is not authorized In
North Dakota and that it is not even
listed in any of the various insur-
ance publications coming to his Of
lice. A letter of inquiry addressed
to the Insurance Commissioner of
Pennsylvania brought the following
reply:
Harrisburg. Pa, July 1S, 1914.
Hon. w. C. Taylor, Comr. ms,
Bismarck, N. OAK.
Dear Sir. i am in receipt of yours
of the 18th inst. in reference to the
American Registry Co. of Erie, and
in reply beg toasay that this is not
an insurance company at all, but pur-
ports to be an agency u by a man
by the name Of Werner. = Neither
Werner nor the American Registry
Co. are authorized to transact bust
ness in Pennsylvania, and do not, so
far as We have been able to find out,
issue any policies in this state. But
he does transact business through.
out the country, principally through
the mails.
Very truly yours,
(Signed.) CHARLES JOHNSON,
II. Insurance COmr.
Commissioner Taylor ventures the
the opinion that 1T is a hundred-to.
one shot that any man who sends six
dollars to the American Registry Co.
will get a neatly printed policy that
isn't worth. six cents. In this con-
nection, however, it is gratifying 40
record the fact that no less than a
score OF publishers submitted the ad-
vertising proposition to this Depart
ment, and upon the strength of our
advices turned it down cold. Many
other publishers doubtless sensed
the dubious character Of the propo-
sition and consigned it to the waste
paper basket.
Another One.
Another concern that should be
given a wide berth IS the st. Paul
Mutual Hail and Cyclone Insurance
Company, of St. Paul, MINI. The
company is. not licensed in North
Dakota, and LAS fact alone is evil
dence that 1t is not to be trusted.
lAdvices inst receiy-d from Bowman