Imágenes de páginas
PDF
EPUB

of the insurance press met at Sutherland's Hotel, New York, October 20, 1881, and organized the Insurance Journalists' Association of the United States. The plan was adopted of governing the association by an executive committee, whose officers should be the officers of the association. The first officers were: Dr. J. A. Fowler, chairman; C. C. Hine, treasurer; Clifford Thomson, secretary. The executive committee holds eight meetings a year. The association holds quarterly meetings, with a banquet at each, viz.: In January, April, July, and October, the last-named date being the time of the annual meeting. The present officers are: C. M. Ransom, chairman; Walter S. Nichols, treasurer; George W. Hatch, secretary. Other members of the executive committee are, Franklin Webster, C. C. Hine, H. W. Smith, and J. H. C. Whiting. The association has 24 active members and 3 associate members.

Insurance Library Association: In January, 1887, the New England Insurance Exchange appointed a committee to consider the advisability of establishing a library in Boston for the use of its members. In July of that year the committee reported in favor of incorporating a library association in connection with the exchange, which should be known as "The Insurance Library Association of Boston." December 28 a certificate of incorporation was procured from the state, the incorporators being Messrs. Henry E Hess, J. M. Forbush, G. P. Field, H. R. Turner, B. R. Stillman, U. C. Crosby, G. W. Taylor, J. Bruerton, G. W. Babb, Jr., A. C. Adams, G. E. Kendall, and F. A. Colley. The original officers were Henry E. Hess, president, and J. M. Forbush, treasurer. The gentlemen associated with them as trustees were, Messrs. U. C. Crosby, Henry R. Turner, George P. Field, E. B. Cowles, and B. R. Stillman. Edward Spaulding was appointed librarian. The certificate of incorporation designated the object of the association as being in behalf of educational, historical, literary, scientific, and social interests primarily in connection with insurance. Books, maps, plans, surveys, and papers relating to insurance were to be kept in the library for use and reference by the members. The annual meeting is held on the second Saturday in January. The president for 1890 was James M. Forbush. The officers elected January 10, 1891, were: Henry N. Baker, president; Frank A. Colley, treasurer; Henry E. Hess, L. F. Goule, A. K. Simpson, and H. B. Člapp, trustees.

Insurance Officials of States and Territories:

Alabama-Cyrus D. Hogue, state auditor, Montgomery.
Arizona-Nathan O. Murphy, secretary of the territory, Phoenix.
Arkansas-William S. Dunlop, auditor of state, Little Rock.
California - J. N. E. Wilson, insurance commissioner, San Fran-

cisco.

ford.

Colorado-J. M. Henderson, superintendent of insurance, Denver.
Connecticut-Orsamus R. Fyler, insurance commissioner, Hart-
Delaware Isaac N. Fooks, insurance commissioner, Georgetown.
District of Columbia - Mathew Trimble, assessor, Washington.
Florida-Frank J. Pons, state treasurer, Tallahassee.
Georgia - William A. Wright, comptroller-general, Atlanta.
Idaho - Frank R. Coffin, state treasurer, Boise City.

Illinois-Charles W. Pavey, auditor of public accounts, Spring

field.

Indiana― J. O. Henderson, auditor of state, Indianapolis.
Iowa - James A. Lyons, auditor of state, Des Moines.

-

'Kansas - Daniel W. Wilder, superintendent of insurance, Topeka. Kentucky - Henry T. Duncan, insurance commissioner, Frankfort. Louisiana Simeon Toby, assistant secretary of state, New Orleans. Maine-Joseph O. Smith, insurance commissioner, Augusta. Maryland-J. F. C. Talbot, insurance commissioner, Annapolis. Massachusetts - George S. Merrill, insurance commissioner, Boston. 2 Michigan Henry S. Raymond, commissioner of insurance, Lansing. Minnesota - C. H. Smith, insurance commissioner, St. Paul. Mississippi-W. W. Stone, auditor of public accounts, Jackson. Missouri-C. P. Ellerbe, superintendent of the insurance department, St. Louis.

Montana

[ocr errors]

Edward A. Kenney, state auditor, Helena. Nebraska-Thomas H. Benton, auditor of public accounts, LinNevada-R. L. Horton, state comptroller, Carson City.

coln.

New Hampshire-John C. Linehan, insurance commissioner, Concord.

3

New Jersey-G. B. M. Harvey, commissioner of banking and insurance, Trenton.

New Mexico-Trinidad Alarid, auditor of the territory, Santa Fe. New York-James F. Pierce, superintendent of the insurance department, Albany.

North Carolina

North Dakota

William L. Saunders, secretary of state, Raleigh. A. L. Carey, commissioner of insurance, Bismarck. Ohio - W. H. Kinder, superintendent of insurance, Columbus. Oklahoma commissioner of insurance, Guthrie. Oregon - George W. McBride, secretary of state, Salem. Pennsylvania-George B. Luper, insurance commissioner, Harris

burg.

Rhode Island - Elisha W. Bucklin, insurance commissioner, Providence.

South Carolina — W. H. Ellerbe, comptroller-general, Columbia. South Dakota - L. C. Taylor, state auditor, Pierre.

Tennessee

--

Manse F. House, insurance commissioner, Nashville. Texas-L. L. Foster, commissioner of insurance, statistics, and history, Austin.

Utah- Elijah Sells, secretary of the territory, Salt Lake City. Vermont C. W. Brownell, Jr., Henry F. Field, insurance commissioners, Montpelier.

Virginia - Morton Marye, auditor of public accounts, Richmond.

Mr. Wilder's term expires July 1, 1891, when he will be succeeded by W. H. McBride.

2 Mr. Raymond will be succeeded July 1, 1891, by Dr. William E. Magill.

3 Mr. Harvey's term, under the new law establishing a state department of banking and insurance, begins April 1.

4 The insurance law of the new territory provides for a commissioner of insurance, but the name of the incumbent of the office has not yet been announced. Communica

tions can be addressed to the commissioner of insurance.

Washington - Allen Weir, insurance commissioner, Olympia.
West Virginia Patrick F. Duffy, auditor, Charleston.

Wisconsin W. M. Root, commissioner of insurance, Madison.
Wyoming-C. W. Burdick, state auditor, Cheyenne.

Full information regarding the organizations having charge of insurance in the various states and territories will be found under the names of the states and territories.

Insurance Reports for 1890: [See names of States.]

Iowa: The duty of enforcing the insurance laws in Iowa devolves on the auditor of public accounts. The salary of the officer is only what he receives as auditor. No provision is made for the appointment of a deputy. J. A. Lyons is the present incumbent of the place. The first insurance report issued in the state was dated March 1, 1870, and was the work of John A. Elliott, who was then auditor of state. Stringent laws were enacted in 1868, giving the supervising officer increased power in regulating fire and life companies. [See Legislation.]

Iowa Insurance Report: The twenty-first annual report of the auditor of state, state of Iowa, relating to insurance, was issued May 1. There were 119 fire insurance, one joint stock live stock insurance, and one mutual hail association engaged in business during the year. The number of fire companies included seventy-eight joint stock companies from other states and twenty United States branches of foreign companies. There were ten companies authorized to transact other than fire or life business and 116 mutual fire and tornado associations engaged in business in the state. The companies authorized during the year were the Fidelity Mutual Fire association, Des Moines; Denver insurance company of Denver, Colorado; Greenwich insurance company of New York; Knoxville Fire insurance company of Knoxville, Tennessee; St. Paul German insurance company, St. Paul, Minnesota; State Investment and insurance company, San Francisco, and the Metropolitan Plate Glass insurance company of New York. The companies ceasing to do business in the state during the year were the Exchange Fire insurance company of New York; the Hekla of Madison, Wisconsin, and the Hibernia of New Orleans. There were thirty life companies engaged in business in the state, two of the number, the Travelers and Pacific Mutual, being also engaged in accident insurance. One company, the Standard Accident, conducted an exclusively accident business. The Mutual Life insurance company of Kentucky, Louisville, Kentucky, was granted a certificate of authority. Thirty-six mutual benefit associations conducting business on the assessment plan were engaged in operations in the state during the year. Twenty-one of the number were Iowa institutions. There were but few complaints received during the year by the auditor concerning underground or wild-cat insurance in the state. According to the best information at the command of the auditor, "the Iowa companies have practically ceased all underground and brokerage insurance, and are confining themselves to their legitimate territory."

Iowa Insurance Tax: In May the state auditor decided that companies of other states and countries doing business in Iowa must pay the two and a half per cent. tax on premiums collected in the state directly by the home office as well as on the premiums collected by local agents.

J

Jones, George W., appointed secretary of the Broadway Fire insurance company in December, succeeding Isaac Collard, resigned. Mr. Jones had been application clerk of the Citizens' of New York for fifteen years.

Jones, W. L., elected second vice-president of the Northwestern National insurance company of Milwaukee in December. Mr. Jones has been identified with insurance interests at Milwaukee and in the Northwest for twenty years, and was at the time of his election resident secretary of the North British and Mercantile in Milwaukee.

K

Kansas: In the state of Kansas the superintendent of the insurance department is appointed by the governor and confirmed by the Senate, the term of office being for four years. The present term will expire July 1, 1891. The law requires the appointment to be made on or before February 4 of the year in which the new appointment goes into effect. The salary of the superintendent is $2,500 per annum. An assistant superintendent is authorized at an annual salary of $1,500. The present incumbent of the superintendent's office is D. W. Wilder, the assistant being James Billingslea. W. H. McBride of Osborne has been appointed and confirmed as Superintendent Wilder's successor.

Kansas City Fire Patrol, Kansas City, Missouri, was established by ordinance April 29, 1889. A superintendent was appointed June 1 and the organization was equipped for service July 1, 1889. The headquarters of the patrol were located at 706 Wyandotte street, the original cost of building, outfit, and equipment being about $8,300. The annual cost will not be far from $28,000. At present there are two fully equipped stations, No. 1 being at headquarters and No. 2 at 1316 St. Louis avenue. At the headquarters is an additional light one-horse wagon that is used in the resident portion of the city. It carries five covers and one extinguisher. There are two large wagons for the bulk of the service and one buggy for the superintendent. There are 139 oil covers in good condition and 20 in fair condition in use. In addition to this equipment there are 26 heavy duck roof covers, twenty of the number being as good as new. The permanent members include the superintendent, 20 men, and two lads, who act as watch boys at the stations when the patrol is engaged at fires. The force has no auxiliary men. There are five horses, including one for the superintendent. Each of the large wagons carries four extinguishers and the small wagon is supplied with one. During 1890 the patrol attended 327 fires. John Francis Pelletier is the present superintendent of the organization.

Kansas City, Missouri, Life Underwriters' Association, organized in November, the officers being: C. D. Whitehead, president; A. J. Lord, vice-president; C. D. Mill, secretary, and Eli Potter, treasurer,

Kansas Insurance Report: The twentieth annual report of the superintendent of insurance in Kansas was issued March 27. The companies admitted during the year were the Sumner County Farmers' of Wellington, the Brown County Farmers' of Morrill, and the Marshall

County Farmers' of Marysville, the Denver of Denver, the Greenwich of New York city, the Jersey City of Jersey City, the Long Island of Brooklyn, the St. Paul German of St. Paul, the State Investment of San Francisco, and the Southern of New Orleans. The authority of the Topeka insurance company was revoked November 20, 1889, and receivership ordered November 30. The Kansas Home insurance company of Topeka was also placed in the hands of a receiver February 19, 1890. The superintendent called attention to the fact that when the report was issued no insurance company in the state was attempting to violate the laws, being the first time that such a statement could be made during his administration. He recommended the adoption of a statute making violation of the insurance laws a misdemeanor. There were ten Kansas mutual fire insurance companies in the state and one mutual life engaged in business, the latter being the Kansas Mutual Life of Hiawatha. The Equitable Accident of Colorado was admitted April 29, 1890, and the Germania Life insurance company of New York, May 5, 1890. The policy of the state against the admission of assessment associations was continued through the year.

Kempson, P. Tertius, editor and proprietor of The Insurance Times, died at Metuchen, New Jersey, Thursday, September 25. The deceased was born at Birmingham, England, January 21, 1814, and graduated from the Royal College of Surgeons in London, March 3, 1843. While practicing his profession in Canada, he became interested in life insurance, and was appointed an examiner for the Canada Life assurance company. Removing to New York he devoted his attention to insurance journalism, and in April, 1886, became the proprietor of The Insurance Times.

Kentucky: The insurance commissioner of Kentucky is appointed by the auditor of public accounts for a term of four years. The term of the present incumbent, who was appointed November 11, 1889, for the unexpired term of L. C. Norman, will terminate the first Monday in January, 1892. The salary of the office is $4,000 per annum. The present commissioner is H. F. Duncan. The deputy commissioner receives an annual compensation of $2,000. The deputyship is now held by W. T. Havens. The insurance report is submitted to the auditor and is transmitted by that official to the Senate and House of Representatives. The first report was issued January 5, 1871, Gustavus W. Smith being the insurance commissioner and D. Howard Smith the state auditor. [See Legislation.]

Kentucky and Tennessee League of Fire Insurance General and Special Agents: Second annual meeting held at Louisville in August. W. C. Nelson of Nashville was elected president, T. C. Timberlake of Louisville, vice-president, and A. G. Duggan, secretary.

Kentucky Insurance Report: Part I of the twentieth annual report of the insurance commissioner of the state of Kentucky relating to fire and fire marine insurance companies was issued April 25. Six companies, the Empire State of Rochester, New York, the Prudential Fire of Boston, the State Investment and insurance company of San Francisco, the Standard Fire of Kansas City, Missouri, the Standard Fire of New York city, and the United Firemen's of Philadelphia, were admitted during the year, making 116 companies engaged in business in the state. Five companies, the Boatman's Fire and Marine of Pitts

« AnteriorContinuar »