Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1915-03-05
ACTION
ON HAIL CLAIMS
House Committee Reports Find
ings in Matter Of Hail
Insurance.

The house committee appointed
Wednesday to investigate the matter
of the non-payment Of a part of the
losses sustained by residents of this
state on crops which were insured
against loss by the Des, Moines Mu.
tual Hail and Cyclone Insurance as.
ISOLATION yesterday submitted the fol
lowing report:
"Your committee appointed for the
purpose of as%certaining the conditions
of the losses sustained by residents
of this state on crops which were in
sured against loss BY the Des Moines
Mutual Hail and Cyclone Insurance
association of Des Moines, Ia, and
which committee was appointed IN.
der the Reimers Resolution beg to re
port as follows.
"Your committee conferred with the
insurance Commissioner w. C. Tay.
lor, to make inquiries in regard to>the
facts that had come to his attention
in reference to the losses sustained,
and the amount paid in each instance
and in round figures the company col.
lected in premiums the sum of SIS 900
and sustained losses to sthe extent of
$4,000, and have to this date paid a
pro rata sum of so per cent upon each
loss sustained by gpolicy holders In
this state.
$4,000 Deposit. j.,
"We are also advised that the COM
pany is solvent and that its policy in
this state requires a4stipulated amount
in the form Of a premium. 1t is
further found that there is deposited
with the Insurance. Commissioner the
sum of $4,000 in cash, which sum
covers the unpaid so per cent of hail
losses in the state.
Under the statutes of this state it
appears that the said sum was de.
posted for the purpose of enforcing
a full compliance upon the board OF
said hail insurance company for the
full payment of these losses and that
your committee believes that said
amount was held to be used in the
payment of these losses.
"Your committee therefore recon.
mends that the attorney general of
the State Of North Dakota be instruct.
ed to ascertain a method if any, where
| by an action can be brought in the
name of the State of North Dakota to
enforce the claims, secondly, that the
insurance commissioner be instructed
to mail to their insurance policy hold-
ers under the Des Moines Mutual Hail
and Cyclone Insurance association ad-
| vising them fully as to the facts nee
essary for the establishment OF his
| claim and when this enforcement has
been obtained to turn the same over
to the attorney general for such &C.
ton as is consistent with premises
herein contained.
Further, that an engrossed copy
of this finding together with a copy
of the letter from the insurance com.
missioner hereto attached and ad.
dressed to this committee be served
upon the governor of this state, the
insurance commissioner and the at.
torney general, each of whom are
hereby instructed to S as far as
and within their respective abilities
and offices to have result of this in
vestigation brought before the courts
md the money held in deposit by the
insurance commissioner the sun sub.
iected to the jayment. of said claims.
""Your committee further advises
the Insurance commissioner to be in
structed to retain the deposit now
held for the payment Of said claims
and under no circumstances to re,
lease the same.
Respectfully submitted,
A. V. "A. PETERSON,
81. L.. HORT,
&c Ht4REIMERS,