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