THE BEE: OMAHA, MONDAY, JM hMBKR 30, 1012.
Before deciding
on your insur
ance -phono 1).
12JG, and ask
about the new
low cost, alt
guaranteed pol
Iclos. nil plans.
Life. Limited
Payment, Kn
d o w in e n t s,
Joint or Part-
poraiion and Monthlv Tnmn . r
h.i . lMcs.
S5ca,2lRl. In- c- America
M. BBDCE OARSBSXEn, Mgr.
.bra"ka ,,na South Dakota
' Htf WMMU
Equitable Life Assurance Society til! U. S.
Assets over $500,000,000. Paid Policy holdersover $815,000,000.
H. D. NEELY &
H. I). NKK1.Y
,101: km:ix
Merchants Nnt'l li.ink Ultlg.
"Okey That Impulse"
Take a policy In the New
England Mutual. Let this
bo the family ChrlsUnnit
present. .
G. W. NOBLE,
General Agent.
CIIAKI.ES L. HOPFDR,
Special Agent.
J. C. HITCHMAN, Special Agent.
orncEB:
638-043 Brandol Bid?., Omaha.
ORGANIZED 1WIO.
THE GERMANIA LIFE INSURANCE COMPANY
OF NEW YOKK.
Clarence N. Anderson, tVIfji.
VOll NE1IKAKKA AM) HOl'TH DAKOTA
430 Bee Building OMAHA, NEB.
"STATE MUTUAL"!
OF WORCESTER, MASS,
ONE OF THE OLIEST-68 YEARS
and Best Companies on
Earth.
W. H. INDOE
General Agent
anu iicc iiiiiifiintr, omaha
Protect You Time-
Your Earning Power
Our Accident and Health Policies Cannot Be Met in
Competition. See Them Before You Buy.
Lion Bonding & Surety Co.
W. 0. W. Bldg. Phone Douglas 678, Accident Dept.
Prominent Omaha
Members of the firm of
Martin Brothers & Company
r-
The familiar faces
of Omaha's leading
insurance men will
be shown in the
above space from
time to time.
A HAPPY NEW YEAR ;SEflK OF
TOM S. KELLY
JMSXXT MILLIOKB AMSTB
Northwestern Mutual Life
Insurance Company
OF MILWAUKEL
MANN & JUNOD
General Agents
.:I85I 1 Itrnndels HiilldliiK,
OMAHA
CO., Managers
E. II. PIOKAHD
THE
Union Genital Life Ins, Go,
OF
CINCINNATI, OHIO
HARRY O. STEEL
Oemral Agent.
311-313 Kamge Bide Phone D 3163
Why wouldn't our iiintimiue
polity thnt pas $50.00 per month
for her life, make an Ideal Xmas
preent for your wife or daughter?
Hates Kindly furnished,
ORGANIZED 1B49.
The Mutual Benefit Life
Insurance Company
of
NEWARK, NEW JERSEY
GEO. T. BLANDF0RD. I
General Agent.
413-16 City National Bank Bldtr. I
Omaha, Nebraska. I
Insurance Men
UTHE
INSURANCE MAN"
B0U7lS 8C1.
Notes from the Insurance Field
IS AGAINST STATE INSURANCE
jGuy Cramer Tells Why, in His Judg.
ment, Plan is Not Good One.
WOULD BREED
ACCIDENTS
Ami tilr the (Jrnflrrw mi Increased
Opportunity lo Patten Their
HpollnPriipoaea Ullirr
I'lnna.
In dfscupslng the statu Insurance of
workmen' compensation benefit" before
the Nebraska Employers' Liability nnd
i Workmen's Compensation commission,
Guy Cramer, a local Insurance man, tool;
the liodltlou that It would not bring about
i the desired results. lie took the position
i thnt the resources of the state nrp 'not
available for tray men t of compensation
benefits', stating that where such a law
Is In operation state officials merely col
lect assessments front employes and dls-
i burse Jliem as best they can.
j In tho mutter of adjustment of claims,
i.Mr. Crumer thought that settlement of
j romiiensatlon benefits. If left to private
j adjustment, would be disadvantageous to
employes. lie thought that generally
' workmen had a prejudlco against liability j
j Insurance companies, due to tho laws as
' they exist, nnd a fault, of course, thnt
i should not lie attributed to the companies
I themselves.
' No matter what laws might be enacted, j
'.Mr. Cramer contended, they could not
.prevent nccldenls, and henco tho proven-!
1 Hon of accidents by both employes and
employers Is more Important than uiyi
compensation legislation, and along this!
line he contended that state Insurance
i lia- a tendency to breed Instead of pre-
entlng accidents.
MIsiiiniillKeiutMit ,if I'umlt,
doing Into management, the speaker as-j
1 serttd that Insurnnco administration by
public of f kin Is affords nn opportunity
: for gross mismanagement of the accident
funds. II if said that he did not Intend
; to say thnt all state officials would bo
j dishonest, but in Ncbraskn, ns elsewhere,
! tho officials would be politicians, nnd
thnt It would be ono of the cases of "to
the victor belongs thef spoils." It would)
afford an opportunity for graft, no mat
ter what party happened to be In power,
Injured workmen who stood In politically
would receive large benefits, while others
would et little or nothing.
With state Insurance there would bo so
much red tape, according to Mr, Cramer,
that there would be long and- frequent
delnjs In getting the benefits Into thfc
, .; .... ... ...
imnun ih iiic injureo woramen, wnue on-
der tho pfesent system of accident Insur- !
mice poncles the benefits nre pal.l within I
a short time after nu accident occuis,
which Is largely dun to the sharp compe
tition between companies and agents.
Mny Xot fie CoiiNllliitlonnl.
The speaker said thnt In his mind there
Is some ipiestlnu about a .Unto Insurance
company being constitutional, ns It would
compel the payment of benefits, regard
less of deficlcnulrs that might be In the
accident Insurance fund. . Then, too, u
law of this kind would have n tendency
to result In u cessation among employer
of paying benefits as they do nt the pres
ent tlmo nnd which nre not required by
law,
.Mr, Crnmer tnkes the stand thnt with a
state liability Insurance law. It would
havo a tendency to curtail lonns for In
dustrial purposes, as tl.oso loaning money
would o In constant fear of catustro
lUile's. rendering firms Hnd corporations
Insolvent without a moment's warning,
lie further allowed trat In Washington
itid OhlJ, whcio tho proposed law had
been tried. P had not proved satisfactory'.
In summlnc up Air. Cramer proposed a
uw by which the employer be permlttert
to enrrj his own Insurance, providing he
convinces the commission that he Is sol
vent; that mutual nsaociatlons be formed
with nn assessment plan against policy
holders; thnt the formation of stock com
panies be permitted, and thnt companies
now doing business and others thnt de
sire to eonio into tho state bo required ;
to assume the entire liability o' tho em-'
ployer, without limit, and these should i was In April. Affidavits of the (Joed
protect the workmen against the In-' year's officers sit forth the. olrcum
solvenc of employers In cuse of great I stnr.ces of Hnrvey's dlynpncnrnnce. The
disasters, ' Ilium unco runiptny held ihat there wo
i . ' not Efficient proof that the death of
NEW INSURANCE COMPANY pinrvty was from causes covered In his
ENTERS OMAHA FIELD
Commencing with New -Year's, a new
Insurance company enters the local field
In the tine of fire, tornado, accident and
plate glass Insurance business.
The Itisuranm department of Garvin
llros., nnd F, 13. Bollard, formerly of
the Hutchlnson-Hollard company, have
formed the company of Garvin Itros, &
Ilollurd, Mr. Bollard, Who has had years
of practlcnl experience In the business,
will have nptlve management of the In
surance business of tho new company.
t Insslf lestliii, of Fir IUU.
The proposed compulsory classification
of fire risks was deferred until the April
meeting by the National Convention of
Insurance commissioners held In Now
'I'ork last week.
Legislation was recommended prohibit
ing tho use, In solicitation of lifo Insur
ance, of any statement or estimate of
future dividends or net cfBt. The In
dustrial accident companies presented
their anti-twisting bill, the mutuals and
the luturlnsuranco concerns were heard
from on legislation desired by them and
the Indorsement of tho "blue sky law"
was re-afflrmed.
The fraternal Insurance situation w,is
also dlrcussed at length, in view of tho
effect upon tho Mobile bill of the de
cision of nn Illinois court sotting aside
the Increase In rates made by tho Mod
ern Woodmen.
A. J. LOTS, President.
Love-Haskell Company
314-324 Omaha National Bank Bldg.
, EVERY KNOWN ICIIMD OF" INSURANCE
FA.TRONIZfc: HO VIE INSTITUTIONS y
Xitie State Insurance Company ol Nebraska
CopllBl, $200,000
A. J, LOVE, rrsiaot. WK X. A81CA2TSON, Secretary.
T4ie German Eire Insurance Co. of Nebraska
A. 7. LOTS, General U&nagsr.
fjRAh GARVIN BROS. & BOLLARD
&,leT' General Insurance
Suf 5 Omlii
I Woman Lives Longer
. mi, Ttr j -Ti.
J- "U IVItUl ctllU. IS IN U I
flioWooW Vooool"
A husband once went homo to his wife
undVald gravely, "I have Just Insured my
life for another iZi.VA" Not thinking
for a moment of the rosult ,of such n
ttansactlou, the wife replied: "Just like
you. Always thinking about yourself."
This wan. nn Instance of a woman Jump
ing too hurriedly to a conclusion, nnd
by so doing completely reversing the hus
band's bmcvolont Intenttou. .Most men,
like the husband In question, do think
very seriously about tho future of their
wives nnd children. It Is u necessity
forced upon them by the physical fncts
of life. Statistics prove undubltahly thnt
women live longer than men. and that u
grave necessity exists for' making pro
vision for them after the wage-earner Is
dead.
From this point arises an extremely In
teresting physiological question how Is It
to ho nccounted for that the se which
has always been considered physically
frailer than men should In the majority
of Instances outlive men?
If we are to believe the latest authori
ties on the subject, we find that woman
Is much mole tenacious of life and resist
disease much nuue readily thnn the
average man. Bhc Is In many respects
th superior animal of the two. As a
tule she does not expand her vital
strength unnecebsarlly, while the ma
jority of men, either In work, In play 'or
In pleasure, are literally prodigal of their
stole,
It Ih rather amusing to think, after the
million of words which have been written
about the "weaker vessel," that she really
"T!?8" JLT,!!
and that It is he, poor fellow, who should
bo made tho recipient of all tender enre
and affection.
A writer has turned out some very
Instructive comparative figures with
regard to the liability (jf men and women
to disease and death. From them 1
gnther that from 3 to 35 years of
nge the death rate between the sexes
remains about even, but afterwards
tho scale turns In favor of women. At
40 years a woman has seventy-eight
chances to one against dying, while man
has only forty-nine chances to one. At
CO yenrs the odds aro nearly twice ns
largo In fnvor of woman, and at SO they
arc five times as great.
These stntlstlcs prove the necessity
UmpI, ntwnvh exists for man to take
,.. ,,
Iho necessary p.ccautlons
"urgency, which appears to be pi js e-
all' inevnanic, mm m .
her own position the more Bccure In
future, It would seem a wise plan If tho
woman could lay aside out of her own
savings something to add to the prem
iums paid on her husband's life.
In the full flush of health these things
are not thought of. or if they are, are
considered sordid.. A calm view of tho
situation and the uncertainties of life,
however, will convince everyone that it
Is n subject wliicn snoum revenu i"-
earnest nttentton of every
woman by the gentlewoman.
mnn and
llrnth Must lie 1'rvMl.
A clause In an Insurance policy pro
viding that where the. death of the In
sured cannot be proved recovery from
the Inmranco company Is barred was
fcustnlned ns valid In an opinion handed
dewn In the 1'nlted States circuit court
of, appeals at Cincinnati last week. The
opinion was given In tho case of Mrs.
Frances Harvey of Hault Ste. Marie,
Mich., who had uppealed from the de
cision of Federal Judgo Uennlson, who
had ruled In favor of the Fidelity and
Casualty company, which Mrs. Harvey
sued to obtain Insurance money on a
policy which her husband had held.
Ihninns it. Harvey, while returning from
a business trip to Iluffalo In the seprlng
of I9MS. dlfappeared from tho steamer
Goodyear while It
was in mldlake en
Marie. Mich. This
route to Pault Ste,
accident policy. Mrs. tiarvey suea ana
Judge Pennlsou Instructed the Jury to
find for tho company on the ground that
tile suit had been barred.
l.ciNt for Ten Yearn.
Life Insurance companies often have
difficult searches for beneficiaries of
policies. One of the most Interesting
hunts has Just been completed by the
German Life. Karly In 1KB. Johann Haas,
an engineer for the United Hrewlng com
pany of Chicago, took a twenty-year
bond policy for $5,003. Ho paid flvo pre
miums and dropped from sight. Accord
ing to the terms of the contract It lapsed
and became paid up for 1,20 payable at
the end of tho twenty-year period.
Notice of the maturement of the con
tract was sent to his last known post
office address, the brewing concern, but
returned with the note that Haas had
left Its employ ten year ago and It was
not known whether he was alive or not
and if living where he resided. Searches
of the Chicago directories and inquires
of vailous people by the name of Haas
failed to bring any trace of him. Fi
nally the priest of the parish In Luxem
burg, where Haas was bom, was writ
ten to. He supplied the name and ad
dress of a. son in America and Haas
was located at Kdtson Park, III, He Is
now an Invalid Since the payment of
the policy both the daughter and sou
havo been written by the Chicago agency
of the company
NatMHftl lank
! INSURANCE LATENT WEALTH
Every Provident Head of a Family
May Carry a Policy.
INSURANCE INTEGRAL ASSET
Life Insurance Dent lord to lleeonie
Morp nnd More n 1'netor In tlir
.Wfnlra of .Men 1 ndlspni
sltile Protection.
The year 112 has been one of great
fullness. Products of the soil have bfon
In volume Immense beyond computation;
manufacturing Industries luive also added
much to the wealth of the nation; there
hns been very great expansion In busi
ness and new enterprise'! In large number
heve embarkeu upon the sea of commerce
and trade.
The year will long be lemenibercd by
the people of the central west ns one
of the best In the commercial and in
dustrial history of the nation a region
which hus been especially favored by
Providence. The accumulation of wealth
hns marked an epoch unmatched In the
Industrial history of any people. It
forms til- measure of Increase of the
tangible wealth of tho nation. Largo as
It Is. It Is in magnitude nu greater than
tho volume of tangible wealth represented
by outstanding life Insurance policies,
which, at maturity, have a gold value
quite equal to the Increase of capital
from crops, manufactures and commercial
entei prices.
Iiilritrnl Asset.
i I-lfe Insurance hns been an Integral
1 asset which all men reckon with In
' making Inventory of valuable holdings.
In the case of wage earner, trades
people, farmers and stockmen, the sched
ule of life Insurance policies will repre
sent more actual tangible value than
nil other assets found In the inventory.
Life Insurance Is destined to become
more and more a fnctor in the affairs
of men and will be counted ns an asset
of value ns well as Indlspenslble pro
tection. I.Ike rare paintings and relics
of art the older the ltfe Insurance policy
In a solvent, old line company, the greater
its value.
It Is a mutter of record that life Insur-
in amount more man tnc vaiue or tnxaoie
property of the state.
Majority lime I nun ru nee.
Lands, bonds, live stock, merchandise,
vehicles and property are owned by
n comparatively few families. Life In
surance policies are owned and carried
by the great majority of men, enhanc
ing their estates nnd affording the very
highest form of protection to their
families, being the ono asset which is
not subject lo depreciation or shrinkage
In value. These policies will be re
deemed nnd paid In cash at face value
of policy contract at maturity.
Ufe Insurance nffords sure compensa
tion, a safe return for the money In
vested, and Is within the reach and grosp
of overy provident man of family, who
can maintain a policy by paying the
premium from his Income thereby creat
ing and maintaining nn nsset nt n cost
per thousnnd no greater than the man
of property must pay annually In taxes.
I MKtirn nee .Notes.
The Chicago Hoard of Underwriters Is
preparing to Join the agents throughout
the west In endeavoring to outnln prompt
payment of premiums by customers.
Tin. rflPntilh' nrirnttl,, 1,M. lr..,.M. ...
association oi Masnchusetts plans to aid '
in me extluguiMiineiH ot nres and Pro
mote llrepiuor uuiiillng construction,
The Insurance department of Michigan
reaffirms the rulo requiring Joint nc
justers ot fire losses to obtain sepurate
state license for each company repre
sented. Losses on some of the luterlnsurance
concerns havo been severe this your. It
Is reported that the Individual Under
wiitois ot New Vork has lost JZiS.OkM, tilt;
heaviest losses being those on the whole
sale grocery nt (..'leveland anu tho recent
Kicnmoiid ilie
The Illinois Insurance department Is
notifying applicants for licenses to oper
me tuu 1'itu .ounce count lis iiuit tney will
on r,-i,iii.i ,i tu louioim to tnc piovislons
oi tut uiiitorm bill lor tito leguiatlou ot
iiiteiiiiLjiaiHi, iicenny agreen upon by
the i.m.titiui con, cm, on ot .usurancc com.
missioners.
The loss ratio in Kansas continues high,
many companies snowing losses ot HSi
per cent, ami there 1b renewal ot rumors
that companies will fall to roiieiv their
Kansas licenses for 1B13. Most of the com
panies ax holding on, howeVer, In hope
that, tho United Statis supreme court will
set aside the stute latins law and make
better conditions possible.
F, H. McMaster, Insuruncc rommls.
slouer of South Carolina, in his annual
report repommends legislation requiring
the companies to ciassliy their losses ox.
perltnce under a unltorm system, to tile
rates on each .class Vnd be compelled to
adhere thcieti) without discrimination,
and forbidding agreements on rates be
tween companies and local board agree
ments betwcn agents,
Attorney General Thomas Carmody of
New York has Just rendered an opinion
holding that the contracts between Insur.
ance companies and bankers' associa
tion whereby an orerrldlng commission
Is allowed are it violation of section 05 of
the insurance law, which prohibits rebat.
Ing and discrimination. This will prob
ably result in a general demand In other
seottons of the country that all similar
contracts with state bankers' associa
tions, whereby the burglary Insuranco or
fidelity bonds of tho members are di
verted to the contract company in ex
change for consideration, be canceled.
It has been found Impossible to reach
a .satisfactory compromise with the In
diana Insurance department over its claim
that the tire Insurance companies Bhnll
not be allowed to deduct return premiums
and reinsurance In reporting for taxa
tion their gross premiums, lets losses pain.
In consequence the Indiana department
has notified the companies that unless t:i
taxes are paid on the basis stipulated by!
It. suit will be begun Immediately after I
i January J- aii me companies, except
i . ... . . . . ,
tnose paying taxes on me reciprocal
basis, are uniting In the litigation, and a
test case will bo arranged and preased to
an early hearing.
THANK J. HASKELL, SecieUry.
- TiJtM IihSIu 592
MFIDEUTYHry
Silas It. Iiurton.
Auditor.
C. K. Pierce,
Deputy.
STATU OF N13BHASKA
1NSUUANCK DEPARTMENT
AUDITOIt S OFFICE
Lincoln, Nebraska.
Netlonal Fidelity & Casualty Co.,
Omaha, Neb.
Gentlemen:
I beg to advise, that I have Just
completed an audit of the books of
your Compuny, and find that tills
report of examination shows an In
crease of business for tho first six
months of 1912 over the correspond
ing period In the previous year.
e are pleased to know that all re
requirements under the law have been
compiled with, and wo bespeak for
yours nnd all other Nebraska com
panies a successful future..
Very respectfully,
SILAS It. HAKTON,
Auditor.
t Jay D. Foster Joseph Barker
Foster-Barker Company
Successors to H.
Fire,
Liability,
Automobile,
Burglary,
Brandeis Bldg.
WALTER A. YON30N
L. BALDWIN & CO.
Established 1891.
509-10 ririt Ki; onol GENERAL INBUBANOE Telephone Song. 371.
Wheeler &
RELIABLE
Or ALL
1511 Bodge Street.
UN
MARTBN BROS. & CO.
GEMERAL IfMSvSJfri ANCE
BARKER BLIL TEL. DOUG. 735
NEW YEAR'S GREETING TO ALL
Naf rMfeistp
CJKNKIUL INHUIIAXCK
1313-14 CITY NATIONAL BANK BUILDING. D. 1703.
Rapid Growth is Best
Evidence of Merit
A Miiiiinnry of the business of tho year lllt! gives evidence
of continued prosperous growth of
The Bankers Reserve Life Company
OF OMAHA
Insurnnco in force, $80,Onf,Oft;il'.!(S.
Asset, $.t,(l'H,H 10.0(1.
Surplus, 774,437.00.
Ask for particulars.
Uusconi II. Itoblson, Pres.
Hay C. Wnyner, Sec'y.
I Greigh-Baldrige & Go. i1
It Is MONEY in your pocket to
place Insurance with the agency
8
that looks after Tour Interests
when you meet with a loss.
We do this and havo for twen.
M ty years. Our policies nre best j"
let us convince you, A telephone
!5 rail will brine a renreMeiitatlie Si
, 1 - r , 1
y $
R I.1L Baldrlge John W. Madden V
g P. A. Cretjh. S
1
i Insurance, In
I'
Webster,
Phone, Douglas 070. :
BOOST POB OKAXA
The Columbia Fire Underwriters
OF OMASA
Home Offices Entire Third Ploor Merchants National Bank BnildJnr.
Phone Douglas 451.
3. O. TaOmar, Manager. M. S. Lease, Assistant Manager.
ft"
iJ. H. Mitlien Co,
INC.
921-4 CITY NAT'L
BANK BLDG.
Surety Bonds
Employers Liability
Automobile Liability
Burglary
Plate Glass
INSURANCE
E. Palmer, Son & Co.
Tornado,
Accident,
Plate Glass,
Bonds, Etc.
Phone Doug. 29
W. Z.EB07 WILCOX
We9ptn Co.
INSURANCE
KINDS
Phono Douglas IBS.
It. Ii. Itobison, Vice Pres.
W. O. Preston, Treas.
INSURANCE
FIKK TOUNADO
AUTOMOBILE
PLATE GLASS BOILEP.
IJUHGLAHy HEALTH
and ACCIDENT
ALFREDO. KENNEDY
U00 First Nat'l Unnk Uldg.
Telephone Douglas 722.
All Its Branches I
AT f
Howard Co. -
-:- -i- -i- 32a Be Bldr. j
'