1907-0, NAIC Proceedings
1907-0, NAIC Proceedings
- In guarding the public against insolvent insurance companies state supervision has been eminently successful.
- In protecting the people against frauds, impositions and abuses by solvent companies it has been only partially successful. (p215-228)
“Deceptive Insurance Methods –The Cure”, By Mr. E. E. Rittenhouse (Colorado, Insurance Commissioner of Colorado)
1907-0, NAIC Proceedings
- WHEREAS Deceptive and Fraudulent insurance methods and promotions designed to evade the law are constantly being originated and placed before the public in various States of the Union; Resolved, That· in order that the people may be warned and protected against such impositions, and also enlightened as to stock and their inducements offered with, but not germane to insurance, the Commissioners of Insurarice of the United States hereby pledge themselves, so far as possible, to investigate ·all irregular and wildcat schemes which come to their notice, to exchange with each other reports of such investigatlons, and to give the facts the widest possible publicity.