The Insurance Monitor Volume 63 baixar o livro de graça

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 Excerpt: ...of Insurance Commissioners, at its June meeting in this city, and ask from me a statement as to the future policy of the Equitable Life Assurance Society of the United States, determined by the control of the stock, a majority of which has lately been purchased by me, I beg to say as follows: --My desire is that mutualization of the society be brought about, in order to give assurance that its affairs will always be managed in the interest of the policyholders, fears relating to stock control being forever ended. For I believe that such assurance is necessary, if the society is to be brought to the larger success which seems to be within its reach. I understand that the management has been for some time trying to find a way to mutualization. 1 wish to co-operate with them, and to this end have already been in conference with the mutualization committee. If such mutualization as is practicable is not satisfactory, I am ready to co-operate in seeking some other way to accomplish the purpose above stated; that is, giving assurance as to future management. Whatever plan may be agreed upon must, of course, have the approval of the Superintendent of Insurance; and I assume that we shall have his cordial co-operation in the work of finding such a plan, and, thereafter, in carrying it out. Since the problem is a new one to me, and is one which has puzzled abler men and men of larger experience in such matters, I cannot, of course, be expected to suggest a plan at once; but with the insurance department, the management of the society, and myself working with the same purpose, I feel justified in expecting that the problem will be solved before long. As to "distribution of earnings and savings through policyholders' dividends and safeguarding the company's invest...