Document Ko6N0pezDzJQxjOrR6z5KjJ6

FILE NAME Corning OC DATE 1941 June 11 DOC OC309 DOCUMENT DESCRIPTION Letter to O from Aetna Life Insurance Co. ^ TNALIFE INSURANCE COMPANY HARTFORD.CONNECTICUT BLOSSER a HILL GENERAL A ENTS LIFE ACCIDENT AND GROUP DEPARTMENTS DEPARTMENTS Fim FOR FOR HOMI HOMI A BUILDIN TOLEDO OHIO June 11 1941 Mr. Edward C. Ames Corning Fiberglas Nicholas Building Toledo Ohio Corp. Dear Mr. Ames In going over our Company experience regarding rates in effect in connec tion with the various insurance forms your company now carries we felt you would be interested in the following information The health of your employees has been better than average This is Rom STA evidenced by the fact that we now have in effect a 35 reduction in rate on both the Sickness and Hospitalization insurance carried by your employees This is the result of nearly four full years exposure and develops a rate lower than any similar industry that we have insured In addition we have Hospitalization coverage which is developing a Loss Ratio after over three years experience far lower than almost any of the 200 industries we have insured in Ohio There is in effect a Permanent and Total Disability feature in connection with your Life Insurance and as yet there has been only one claim from an employee and this was due to a occupational accident far removed from the course of his occupation or from any health hazard in his occupa- tion As a further evidence our Casualty Company carries what Products Liability at an extremely low rate and no claim presented indicating of course that there is no hazard fiberglas or any of its products is known as has ever been in the use of Although your compensation insurance is carried with the State our Company does have the coverage on your new plant in Ashton Rhode Island and is writing this at a rate of approximately forty cents a hundred which will indicate how safe we regard the risk to be - not only from an accident view point but from an occupational hazard view point 01 022 0625 Exh HH Mr. Edward C. Ames - , , 6-11-41 . In other words from our own experience we do not feel that there is any different hazard than from any normal manufacturing operation Ashistori Ashistori and we feel the hazard is much less than in the manufacture of Rockwool Slagwool Asbestos or any of the called 85 magnesia products To any one who is interested we will be very Coverages records on the foregoing mentioned reached these conclusions glad to furnish and explain why claim we have Yours very truly -"Li U shee General Agent A Hill 01 022 0626