6
THE BEE: OMAHA, MONDAV, DECEMBER 30, 1912.
Before dectdl'tg
on your Insur-siii-o
lioni U.
1276, and k
about the now
low rOSt. ill
guaranteed pol
lutes, nil plans.
Life. 1,1 in I led
Payments, Un
it o w in e n t n.
Joint or Part
nership. Cor
poration and Monthly Incon.v or Pen-
.' ill. lew.
Xli Prcdantlal Ins. Co. of America
Irr ax a stork Co., hy New .lersev
M. BBUCE CAnSENTEB, Mgr.
For Nebraska mid South Dakota
19-23 City Nat'l Ok. aiaff., Omnha
Equitable Life Assurance Society the U. S.
Assets over 5500,000,000. Paid Policy holdersover $815,000,000. ,
H. D. NEELY & CO., Managers
II. I). NKKI.V
Morchniits Nnt'l
"Obey That Impulse"
Take a policy in the New
England Mutual. Let this
bo the family Christmas
present.
G. W. NOBLE,
Oaneral Agent.
CnARI.ES L. HOPPER,
Special Agant.
J. C. HITCHISAN, BpiOlal Agent.
orriCESi
638-643 Brandols Bid?.,
Omaha.
ORGANIZED 1800.
THE 0ERMANIA LIFE INSURANCE COMPANY
OK NEW YORK.
Clarence N. Anderson, IVIgi.
FOR NEBRASKA AND SOt'TH DAKOTA
430 Bee Building - - OMAHA, NEB.
"STATE MUTUAL"
OF WORCESTER, MASS,
ONE OF THE OLIEST-68 YEARS
and liest Companies on
Earth.
W. H. INDOE
General Agent
(ir.U lice MullilliiK, O.MAIIA
Protect You Time
Your Earning Power
Our Aceidont and Health Policies Cannot Be Met in
Competition. See Them Before You Buy.
Lion Bonding & Surety Co.
W. 0. W. Bldg. Phono Douglas 678, Accident Dept.
Prominent Omaha
Members of the firm of
Martin Brothers & Company
The familiar faces
of Omaha's leading
insurance men will
be shown in the
above space from
time to time.
A HAPPY NEW YEAR
TOM S KELLY insurance man"
BMXTY MZLLXSWi; AMSTS Bonrlaa BG1.
Northwestern Mutual Life
Insurance Company
OF MILWAUKEL
MANN & JUNOD
General Agents
5:18-511 Drandcio Building.
OMAHA
n.i iM.wiv i. it piriKAicn
Hank IJItlg.
THE
Union Central Life Ins, Go,
OF
CINCINNATI, OHIO
HARRY O. STEEL
General Agent.
111-313 Bemge BldC Plione D 3163
Why wouldn't our ItiHiirauee
policy that pav-s $50.00 per month
for her life, make an Ideal Xmm
present for your wife or dauuhter?
Hated Kindly furnished.
ORGANISED 184S.
The Mutual Benefit Life t
Insurance Company
of
NEWARK, NEW JERSEY
GEO. T. BLANDF0RD,
denerftl Agent. I
415-16 City National Bank Blar. 1
Omaha, Nebraska. I
Insurance Men
TO ALL IS
THE WISH OF
,Notes from the Insurance Fieldi
j IS AGAINST STATE INSURANCE
Guy Cramer Tells Why, in His Judg
ment, nan is not uood one. .
WOULD BREED
ACCIDENTS
.nd tilxr Hip (irnftrra Hit liirrenaeit
Opportunity to I'ntlen Tlirlr
.HpollKI'ropoaen Otlirr
I'lnna.
In dlM'tisslhg the statu Insurance of
workmen's compensation benefit! before
. I . X I 1 . T . . t T I till.. .
W(Jt)tIm!ll compensation commission.
.rrld a!
i the desired results. He took the position
.t- ; ......
Hint the resources of the state are not
available for payment of compensation
benefits, stating that where such a law
Is In operation state officials merely col
lect assessments from employes nnd dis
burse hem as best they can.
In the matter of adjustment of claims,
Mr. Cramer thought that settlement of
compensation benefits, If left to private
adjustment, would be disadvantageous to
employes. He thought that generally
workmen had u prejudice ugatnst liability
Insurance companies, due to tlio laws as
they exist, and a fault, of course, that
i shoul,) nut be attributed to the companies
j themselves.
' No matter what laws might be enacted,
Mr. Cramer contended, they could not
, prevent accidents, and henco the prevon
j tlon of accidents by both employes and
' employers Is more Important than apy
i compensation legislation, ond along this
j line he contended that state Insurance
I has a tendency to breed Instead of pre-
I entlng accidents.
.M I Mil n n n kc me ut of I'll ml.
i viuiiik nnu iiibiiuhcuiciu, me rpeaner as - :
sorted that Insurance administration by
. public officials affords tin opportunity
ii ii nnnnrtnnltv
: for gross mismanagement ot the accident
funds, Ht' said that he did not Intend
i to say that all state officials would bo
dishonest, but In Nebraska, oh elsewhere,
the officials would be politicians, nml
that It would be ono of tho cases of "to
the victor belongs thrf spoils." It would)
afford an opportunity for graft, no mat
ter what party happened to be In power.
Injured workmen who ntood In politically
would receive large benefits, while others
would id little or nothing.
With state Insurance there would be so
much ltd tape, according to Mr. Cramer,
that there woul.1 bo long and- frequent
itelajs In getting the benefits Into the.
hands of the Injured workmen, while un
der tho present system of accident Insur
ance policies the benefits are paid within
a short tlmo after an accident occurs,
which Is largoly duo to tho sharp compe
tition between companies and agents.
Mny Not lip Coiinlltutloiinl.
Tho speaker snld that In his mind there
Is Komo question about a ntato Insurance
company being constitutional, as It wouldr
compel the payment of benefits, regard
less nf deficiencies that might bo In the
accident Insurance fund. . Then, too, u
law of this kind would have a tendency
to result In u cessation among employers
of paying benefits as they do at the pres
ent tlmo and which nre not required by
law.
Mr, Crnmsr takes thn stund that with a
stato liability Insurance law, It would
have a tendency to curtail loans tor in
dustrial purposes, as those loaning money
fi.i ...Jtr!
nuiuii un ifi i-uiiaitijll ii'm in toiinuu
phle'sl rendering firms and corporations
Insolvent without a moment's warning.
Ho further showed that In Washington
tml OhlJ. where tho proposed law had
been tried. P had not proved satisfactory.
In Humming up Mr. Cramer propoecd a
uw by which the employer be permittee)
to tarry his own Insurance, providing he
convinces the commission that he Is sol
vent; that mutual associations be formed
with an assessment plan ugalnst policy
holders; that the formation of stock com
panies be permitted, nnd that companies
nuw doing business and others that de
sire to como Illto tho stato bo required
to assunie the entire liability ' tho em
ployer, without limit, and these should
protect the workmen ugalnst tho In-
salvencv of emulovers In case of grcai i
dlKusters, '
NEW INSURANCE COMPANY
ENTERS OMAHA FIELD
Commencing with New -Year's, a new
Insurance company enters the local field
In the Hue of fire, tornado, accident and
plate glass Insurance business.
Tho Insurance department of Garvin
Bros., nnd K. K. Bollard, formerly of
the Hufchlnson-Hollard company, have
formed the company of Garvin Hros. &
Uollurd. Mr, Bollard, who has had years
of practical experience in the business,
will have active management of the In
surance business of tho new company.
( InsKiricntlon of Flr ttUks.
The proposed compulsory classification
of fire risks was deferred until the April
meeting by the Natlonnl Convention of
Insurance commissioners held In Now
'Vork last week.
Legislation was recommended prohibit
ing the use, In solicitation of lite Insur
ance, of any statement or estimate ot
future dividends or net effst. The In
dustrial uccldeiit companies presented
their untl-twlstlug bill, the mutuals and
the Intcrlrmirance concerns were heard
from on legislation desire! by them and
the Indorsement of tho "blue sky law"
waa re-afflrmcd.
The fraternal Insurance situation was
also dlfcussed at length. In view of tho
effect upon the Mobile bill of the de
rision of an Illinois court setting asldo
the Increase In rates made by the Mod
ern Woodmen.
J. LOYE. President. PBANK J. KA3XELL, Sactatary,
Love-Haskell Company
314-324 Omaha National Bank Bldg.
, EVERY KNOWN KIND OF INSURANCE
PATRONIZii HO VIE INSTITUTIONS ,
The State Insurance Company ot Nebraska
A. 3. LOVE. Prtilaeat.
T-he German Fire Insurance
A. J. LOTS, Oaatral Managar.
fft GARVIN BROS. & BOLLARD !UHEi!i!
.--ilSgjI General Insurance
Woman Lives Longer
Than Man and is Not
the "Weaker Vessel"
A husband once went home to his wife
h ml 'mid gravely, "I have Juxt Insured my
life for another 2j,(j0." .N'ot thlnlclng
for a moment of the result ,of such n
transaction, the wife replied: 'Just like
you. Always thinking about yourself."
Till wan. nn Instance of a woman Jump
ing too hurriedly to n conclusion, and
by so doing completely reversing the hus
band's benevolent Intention. Mot men. I
like the huMmnd In iUcstlon, do think j
very seriously about the future of their j
uIvm nml rhllilrmi. 1, t. n necessity i
forced upon them by the physical facts !
of life, statistics prove undubltably that j
women live longer thnn men. and that a I
.,o...ut. l.t. rn' .nabini. t.m. i
vision for them after the wage-earner Is
dead.
Krom this point arises an extremely In
teresting physiological question how Is It
to be accounted for that the sex 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 mote tenacious of life and resist
dlfoase much morn readily than the
average man. Hhc la In many respects
tin superior animal of the two. As a
lute she docs not expand her vital
strencth unnecessarily, while the ma-
Jorlty of men, cither In work, In piayor
Ill pleasure, are llternliy prouigai or xneir t
Moie. I
It Is rather amusing to think, after the j
million of wolds which have been written
about the "weaker vessel," that she really
i possesses tougher organization than man
- ... .... . ., u. ...im uimnlil
Rnd U,nt " he' " ' "" " i
u mn0e ln0 t""" " I
and affection
A writer has turned out some very
Instructive comparative figures with
regard to the liability if men and women
to disease and death. From them I
gather that from 3 to H5 years of
nge the death rate between the soxes
remains about even, but afterwards
tho scale turns In favor ot 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 years the odds aro nearly twice as
largo In favor of woman, and at R0 they
are five times as great.
These statistics prove the necessity
which nlway exists for man to take
the necessary p.-ecautlonu against tho
emergency, which appears to be physic
ally Inevitable, and In order to make
her own position the more secure 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 the
situation and the uncertainties of life,
however, will convince everyone that It
In a subject wmcn snomu iwcuu
earnest attention or even
woman by the gentlewoman.
man and
llcntli M ut Provril.
A cluuse In an Insurance, policy pro
viding that where the death of the In
sured cannot bo proved recovery from
the liiMirai'.cc company I" barred was
tustalned as valid In an opinion handed
down In the United States circuit court
of. appeals at Cincinnati last week. The
opinion wan given In the case of Mrs.
Krances Harvey (if 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,
'jhnmas It. Harvey, while returning from
a business trip to lluffalo In the seprlng
of 1006, disappeared from tho steamer
Goodyear while It was !n mlulake en
route to Sault Ste. Marie. Mich. This
was In April,
year's officers
Affidavits of the Gocd
st fortl. the olrcum-
Bttit.ccH of llurvey's dNapnenranco. The
lusuiunco company held that there was
not Aifllelent proof that the death of
Ilarvty was from causes covered In his
acrldcnt policy. Mrs. Harvey sued and
Judgo Dennlson Instructed the Jury to
find for the company on the ground that
the suit had been barred.
I. not for Ten Yearn.
Life Insurance companies often have
difficult searches for beneficiaries of
policies. Ono of the most Interesting
hunts has Just been completed by the
German I.lfe. ICarly In IS92, Johann Haas,
bp engineer for the United Brewing com
pany of Chicago, took a twenty-year
bond iollcy for $5,00). Ho paid five pre
miums nnd dropped from sight. Accord
ing to the terms of the contract It lapsed
and became paid up for $1,250 payable at
the end of tho twenty-year period.
Notice of tho 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
ot various people by the name of Hans
failed to bring any trace of him. Fi
nally the priest ot the parish In Luxem
burg, where Haas was born, was wrlt-
I ten to. He supplied the name and ad
dress or a, son in America ana tiaas
was located at Kdlson Park, III. He Is
now nn invalid t-qnee the payment or
imiiev hnth tho dmnht.r Hr un
polio both tho daughter ana son
,e been written by the Chicago agency
the
hav
of the company
Capital, 9200,000
! INSURANCE LATENT WEALTH
Every Provident Head of a Family
May Carry a Policy.
INSURANCE INTEGRAL ASSET
Life liisiirniii-t' Destined to llci-onie
More nml Mure n Pncfitr In the
Affairs l .Mc-n Iinllirn
sllite Protection.
The year Ibis has been one of great
fullne's. Products of the soli have bton
In volume Immense beyond computation!
manufacturlnR Industries Imve also added
much to the wealth of the nation; there
hns been ver' (trout expansion In bual-
" uml "pw "iiterpdsoi In large mimb-r
have cmburkeu upon the sea of commerce
Hm' trade.
The year will lung he remembered by
the people of the central west as one
of the best in the commercial and in
dustrial history of the nation a region
which has been especially favored by
Providence. The accumulation of wealth
has marked an epoch unmatched In the
Industrial history of any people. Jt
forms the measure of increase of the
tangible wealth of the nation. Large as
It Is, It Is In magnitude no greater than
the volume of tangible wealth represented
by outstanding life Insurance policies,
which, at maturity, have a gold value
finite equal to the Increase of capital
from crops, manufactures and commercial
enterprises.
liit-Krn! Asset.
TJfp lllimi..,nce nnB nn Integral
asset which all men reckon with In
mnl,s inventory of valuable holdings.
In the case of wage earner, trades
people, farmers nnd stockmen, the sched
ule of life Insurance policies will rcpre-
' ,nore
nctual tangible value than
All Other a
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 ns Indlspenslble pro
tection. Like rare paintings and relics
or art the older the ltfeMnsuranco policy
In a tolvent. old line company, the greater
Its value.
It Is a matter of lecord that life Insur
ance policies In every state aggregate
In amount more than the value of taxable
property of the state.
Majority llitvc Insurance.
Lauds, bonds, live stock, merchandise,
vehicles and property are owned by
o comparatively few families. Life In
surance policies nre owned nnd carried
by the great majority of men, enhanc
ing their estates nnd affording the very
highest form of protection to their
families, being the one asset which Is
not subject to depreciation or shrinkage
In value. These policies will be re
deemed and paid In cash at face value
of policy contrat t at maturity.
Life insurance affords sure compensa
tion, a safe return for the money In
vested, and Is within the reach and grasp
nf overy provident man of family, who
can maintain a policy by paying the
premium from his Income thereby creat
ing nnd maintaining an asset nt a cost
per thousnnd no greater than the man
of property must pay annually In taxes.
' Innnriuicr Notes.
The Chicago Board of Underwriters ts
preparing to Join the ngents throughout
the west In endeavoring i" obtain prompt
payment or premiums by customers.
Tho recently organised Klre Preventun
association oi Massachusetts plans to aid
in mo extiuguiunmeiii ot una ana p.o
mutc lirepioor uiumlng construction.
The lnmrance department of Michigan
reaffirms the rule requiring Joint nc
juaters ut rire losses to obtain separate
stale license for each company repre
sented. Losses on some of the InturlnBurance
concerns huvo been severo this year. Ii
Is reported that tho Individual Under
writes or New Vork has lost ii5,OM, Viv
hrnvlcM losses being those on the whole
sale grocery at Cleveland aim tho recent
Kicniuoiiil lire
The Illinois Insurance department is
notaylng applicants for licenses to oner
lite Inn iw.uulice coiriiiik ii.ttt tiley will
oe re, in. i ,i to lonioim to tnc piovislung
ui tm uiiitorm bul lor tau n'Kuiatlon ot
Ititei'iiu. jiuiii'i' rcentiy agreed niton by
the i.tiuotiui con. cut. on ot .iisurancu cum.
nilssionertr.
The loss ratio In Kansas comUiuicm h.'gh,
many companies snowing losses ot USi
per cent, and there Is renewal ot rumors
that compunlrH will fall to renew tnelr
Kansas licenses for 1H13, Moet of the com
panies nre holding on, however. In hope
that tho United Stutts supreme court will
set aside the state rating law and make
better conditions possible.
F, H. McMaster. Insurance commis
sioner ot tktuth Carolina, in his annual
report repommends legislation requiring
the companies to ciasslty their losses ex
perience unuur a unuorm system, to tile
rates on each clnas snd be comtelied to
adhere theieti) without discrimination.
nnd forbidding agreements on rates be
tween companies and local board agree
ments between agents.
Attorney General Thomas Carmody of
New York has Just rendered an opinion
holding that the contracts between insur
ance companies and bankers' associa
tions whereby an overriding commission
is allowed nre it violation ot section C5 of
the insurance law, which prohibits rebat
ing and discrimination. Tills will Drob.
ably result in a general demand In other
sections ot the country that all similar
contracts with state bankers' associa
tions, whereby the burglary insurance or
fidelity bonds of the 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 fire Insurance companies shall
not be allowed to deduct return premiums
and reinsurance In reporting for taxa
tion their irross premiums, lejs losses paia
In consequence the Indiana department
has notified the companies that unless un
taxes are paid on the Daais stipulated tiy
It. suit will be begun immediately after
1 January 1. All the companies, except
! those paying taxes on the reciprocal
ba, are unltllie ln the litigation, and a
test case will be arranged and pressed to
an early hearing.
WJt S. AS1CAHSON, Sacra tary.
Co. of Nebraska
fl NATIONAL 1 y)
VaFIDELITVG SW
Silas II. Barton,
Auditor.
C. B. Pierce.
Deputy.
STATK OF NI3BBAS1v.V
INSURANCE DEPAItTMIiNT
AUDITOR'S OFFICK
Lincoln. Nebraska.
National Fidelity & Casualty Co.,
Omaha, Neb.
Gentlemen:
I beg to advise that I have Just
completed an audit of the books of
your Company, and find thit this
report of examination Hhowa on In
crease of business for tho first six
months of 1912 over tho correspond
ing period In tho previous year.
Wo are pleased to know that all re
rcqulrements under the law have been
compiled with, and wo bespeak for
yours and all other Nebraska com
panies a successful future..
Very respectfully.
SILAS It. BAKTON.
Auditor.
I Jay D. Foster
.
Successors to H. E.
Fire,
Liability,
Automobile,
Burglary,
Brandeis Bldg.
WALIEB A. YONSON
Foster-Barker Company
L. BALDWIN & CO.
Established 1891.
E03-1O rirat XX.' onal QENEOAIi INSURANCE Tslephon. Song. 371.
Wheeler & Welpton Co.
RELIABLE INSURANCE
Or ALL KINDS
1311 Dodge Street. Phone Douglas 180.
MARTBN BROS. & CO.
GENERAL INSURANCE
BARKER BLIL TEL. DOUG. 735
NEW YEAR'S GREETING TO ALL
(iKNKIt.Hi IKSCKAXCK
1313-14 CITY NATIONAL BANK BUILDING. D. 1703.
in
Rapid Growth is Best
Evidence of Merit
A Miminiiry of the business of tho year 1011! gives evidence
of continued iii-ospcrous
The Bankers Reserve Life Company
OF OMAHA
IiiMimnro in force, 9:tO,OD,0,":t,U(l.
AnhciH, $.'t,(IlM,H 10.00.
Surplus, .il774,437.00.
Ask for particulars.
rVjsrom II. Itohition, Pres.
Itay C. Wagner, Sec'y.
M i n i t r
p ureip-baionge&uo,
g It Is auflii in your pocuei to
S place Insurance with tho agency X
M lmt Innlcn flftr Tflnr Interests K
that looks after
whep you meet with a loss.
We do this and have for twen.
53 y ye"- Our policies nre best i;
V let us convince you. A telephone $
coll will bring a representative. t'
& $
9iJ.iL. Baidrlgo John W. Madden V
0 P. A. Cralyn.
1 Insurance, In
?
I Webster,
Phona, Douglas 870. :
boost roa okaka
The Columbia Fire Underwriters
OF OMASA
Ho ma OHIcti Entira Third Floor Marcnanta National Bonk Bolldinr.
Phona Dooglaa 481.
V. O. Salmaga, xanagar. 1C B. Laaat, Asalatant Manager.
I H. Mitten Go.
INC.
921-4 CITY NAT'L
BANK BLDG.
Surety Bonds
Employers Liability
Automobile Liability
Burglary
Plate Glass
INSURANCE
1
Joseph Barker
Palmer, Son & Co.
Tornado,
Accident,
Plate Glass,
Bonds, Etc.
Phone Doug. 29
VT. LEBOY WILCOX
growth of
It. Ji. Itoblhon, 'Vice l'rca.
W. G. Preston, Treas.
INSURANCE
FIRE TORNADO
AUTOMOBILE
PLATE GLASS BOILER
BURGLARY HEALTH
and ACCIDENT
ALFREDO. KENNEDY
1100 First Nat'I Bank Bldg.
Telephone Douglas 722.
All Its ranches I
AT ?
Howard Co. - I
-i- -I- -I- 326 Bea Bldg.
at
I