Part 11: Insurance and Thrift 



UNITED STATES. 



STATE HAIL INSUR.XNCE IN NORTH DAKOTA. 



SOURCES : 



Biennial Report to the Thirteenth I^egislative Assembly of the hail Commissioner 

 ON Hail Insurance for the term ending, December 31st, 191 2, Bismarck, N. D. 



Biennial Report to the Fourteenth I,egislative Assembly of the Hail Commission 

 ON Hail Insurance for the term ent)ing December 31ST, 1914. Journal Publish- 

 ing C"., Devil's I,akc, N. D. 



State Hail Insurance I<aw, North Dakota. W. C. Taylor, Commissioner of Hail Insur- 

 ance, 1916. 



North Dakota has been the first and so far the only vState in the Union 

 which has placed a law for the State insurance of crops against loss or da- 

 mage by hail on its statute books. The venture is therefore highly impor- 

 tant as a test of the ability of the vState, from a practical standpoint, to com- 

 pete with privately ow^ned and managed insurance enterprises. We will 

 examine the provisions of the Act and the results as set forth in the 

 two biennial reports so far issued by the Commissioner of Hail Insurance. 



§ I. The act. 



The State Hail Insurance act of North Dakota first went into opera- 

 tion in January 1911, and after two years' experience was amended in 1913. 



The law as it now stands pro\ndes for a Hail Insurance Department 

 which shall insure gro^nng grain crops in any county in the State against 

 loss or damage b}' hail. Count}*, township, city and village assessors, at the 



