Document dDnMn3kbddOnx7NjmJMYyZ8Bq

FILE NAME Insurance Industry INS DATE 1935 DOC INS017 DOCUMENT DESCRIPTION Trade Journal Article - Conference on Silicosis Attracts Expert Audience SSS ASUALTY COMMENT Pe 4603030FOREMOSTEDET 4603030FOREMOSTEDET FOTONOUR QUOUOTQUADRADA PENTOEALFOULIOPSIOENCJENTIOLUOTIEMRA PENETOETALFOUFOLIOPLOSIOENOCENJENTIONTOLUOTIEMERA PENTOETALFOUFOLIOPLOSIOENOCENJENTIONTOLUOTIEMRA PENTOALFOULIOPSIOENCJENTIOLUOTIEMRA PENTOEALFOULIOPLSIOENCENJTIONTLUOTIEMRA Mass Auto Committee Split Conference on S^>licosis Divided on the question of reporting the bill in its present form the Massa- Attracts Expert Audience chusetts legislative committee on insurance has held two executive sessions Medical Legal and Insurance to consider the called Curley Celles bill to reduce coverage in the statutory policy under the compulsory auto liability law There is a desire on the part of several members of the committee to have the matter referred to a special recess commission for fur- ther investigation CHAESURASHCARENTNOODIE CHAESURASHCARENTNOODIE CHAESURASHCARENTODIE CHAESURASHCARENTODIE CHAESURASHCARENTNOODIE CHAESURASHCARENTNODIE CHAESURASHCARENTNODIE LETEOFINET INTRANETETEURINGER INTRANETEURINGER INTRANETETEURINGER INTRANETTETEURINGER INTRANETETEURINGER INTRANETETEURINGER BU399 BU399 policy writing borough agents 14 per cent Regional agents and supervising special agents 10 per cent Brokers local agents office agents and district agents 8 per cent Representatives Survey the Problems of Toxic Dusts A thorough survey of the medical claim and engineering aspects of occupational disease with particular em phasis on dust diseases characterized The Third Conference on Occupational Diseases held on June 20 and 21 at the National Bureau of Casualty and Surety Underwriters New York City The conference which was divided into two morning and two afternoon sessions was attended by more than 225 special representatives of insurance companies and interested observers in Talked With Producers Announcement of the new commis- sion scale followed a meeting of the Conference on Acquisition and Field Supervision Cost for Casualty Insurance yesterday morning At that meeting it was unofficially reported the company repr^'sentatives weighed statements made to them on Tuesday by representatives of various brokers organizations and by spokesmen for the local and State agents organizations at separate conferences Both classes of producers it was reported insisted that the old commissions should not be reduced Spokesmen for the agents held that the 17 per cent was an absolutely irreducible minimum for writing workmen's compensation They also said that the portion of the commission allotted to the broker and to the agent was too little for the competent producer and too much for the nonservice giving policy writer The ideal way to remunerate agents and brokers it was urged would be on the basis of actual service to the assured and the company but this ideal it was admitted could not be put into practical effect Walter H. Bennett secretary of the National Association of Insur- ance Agents expressed the view that the intrusion by the State Insurance Department into the payment of com- missions was an unwarranted one The company to resist action representatives were urged the Insurance Department's the medical and legal professions the limited space available being filled to capacity While the nature of the conference demanded a careful treatment of sub- ject matter by experts in medical and legal technique as well as in insurance it is worthy of comment that coverage of the conference subjects was handied for the most part by insurance repre- sentatives only four of the sixteen speakers being insurance represen- tatives As in the case of the two preceding conferences this third conference was made notable by the presence of everybody of importance in the field of occupational disease As Dr. Anthony J. Lanza assistant medi cal director with the Metropolitan Life Insurance Co. commented The conference represented the best medical legal and insurance aspects of the occupational disease problem The sessions of Thursday morning and afternoon June 20 and the morn- ing session of Friday June 21 were open forums Frank discussion of the ramifications of silicosis and kindred occupational diseases including research laboratory procedure control of toxic dusts and examination of blood sputum and urine in the diagnosis of silicosis occupied the attention of the insurance fraternity The concluding session of Friday afternoon was re- stricted to insurance company repre- sentatives only During this session acceptance and rejection of risks in in- dustries exposed to the occupational . Concluded on page 31 The Spectator June 27 1935 Vol 134 p30 #. President H. L. Callanan Who Is i To Retire From Office on June 30 ye At the meeting of the board of di- rectors of the Norwich Union Indem- 4 nity Co. of New York held on May 31 Hart Darlington chairman of the board was elected president of the com- pany succeeding H. L. Callanan who retires from that position as of June 30 according to an announce- ment made last week E. P. Smith secretary of the Norwich Union Fire Insurance Society also becomes trea- surer of the indemnity company & H. L. Kidder president and sec- retary and C. A. Barkle presi- dent who have long been associated with the company will continue and tT assume direct charge of operations 4% After a period of service of fifteen i _years with the company during the 3 last five of which he has been presi- dentand general manager Mr. Calla- 7 nan leaves with the regret of the stockholders and the members of the staff staff ae { Birthday Party at Bureau = A lighter social touch was added to weighty casualty affairs in the day's routine of Albert W. Whitney associate general manager of the National Bureau of Casualty and Surety Un- : derwriters when he emerged from the conference rooms at the National Bu- reau on June 20 and passed into his own office there to be surprised by business friends and associates who presented him with a huge cake in Phonor of his birthday anniversary Silicosis Conference Attracts Expert Audience 28 Concluded from page 30 disease disease hazard were discussed at length by Dr. Roscoe Gray Aetna Life Ingurance Co. John B. Lamenzo Hartford Accident & Indemnity Co. and Sanford . Perkins Travelers Insurance Co. The keen interest and enthusiasm manifested manifested during the day session have led to the conviction that a repeti- tion of the conference in November would aid materially in solving the Ndifficulties generatebdy this increasing- yf important industrial problem Hoen to Hea Dep't Salvag The selection president in department of t Corporation is ^ pany This is a will offer to su writing assistar surety adjustmenced surety er gaged for the ne Originally for gation and adju rine losses the a Adjustment Cor larged from time handles practica arising under in takes care of ma companies arisin have no organi of their own be gations for rein Mr. Hoen the a native of Buff ciated with the Cleveland Whe ness was reins Casualty Co. in a member of the ter company an of its surety ad ing department underwriting bo Alabama Ho Favors Increa MONTGOMERY MONTGOMERY a hour hea long list of repr and union labo against the bill on labor last w favorably the ( pensation bill : increase benefits cent Industrial lea Owens bill citec for their opposi increase was ext a sharp increase ance rates that not warrant su time and that tl ing satisfactoril Labor leaders president of th Labor told th present law en quate The Spectator June 1935 p31