fage Eighteen 



THE I. A. A. RECORD 



INSURANCE NEWS 



EA. CARNCROSS, general agent 

 • in Cook county, won first prize 

 consisting of a $70 watch in the agents' 

 Farm Bureau auto insurance contest for 

 September. Roy Mitchell of Cham- 

 paign county won second prize, a $40 

 watch. C. E. Hopkins of Livingston 

 county, L. R. Welk of Logan county, 

 and K. W. Cleland of Boone county 

 won third, fourth and fifth prizes re- 

 spectively. Each got a $15 fountain 

 pen and pencil set. 



Champaign county was high for the 

 month with 100 applications, Cook 

 county was second with 81. During 

 the month Carncross signed 73 appli- 

 cations, Mitchell 5 J, and Hopkins 53. 



The Illinois Agricultural Mutual on 

 October 1 had 24,504 auto insurance 

 applications and policies in force. The 

 total for September was 876. 



The National Safety Council rcp)orts 

 that automobile accidents have been re- 

 duced 29 per cent in the nine states 

 which have passed drivers* license laws. 



The Illinois Agricultural Mutual In- 

 surance Company operating only three 

 and one-half years has assets of $5 80,- 

 000, and has saved its members $300,- 

 000 on automobile insurance alone com- 

 pared with the initial cost in any other 

 state-wide company. 



Country Life agents, divided into 

 two teams known as the Army and 

 Navy, began a "football" contest on 

 October 15 to see which side could 

 write the most life insurance by De- 

 cember 1 5 . 



Most of the northern and western 

 Illinois counties are on the Navy team, 

 while central and southern Illinois 

 counties comprise the Army. Only 

 paid for business will count. 



One thousand dollars of life insur- 

 ance moves the ball a yard in the ene- 

 my's territory. If Army sends in $15,- 

 000 of insurance on October 1 5 the 

 ball will be carried into Navy's terri- 

 tory 15 yards. If Navy sends in $10,- 

 000 the same day the ball yj\\\ be car- 

 ried back 10 yards and be placed on the 

 Navy's 4 5 -yard line. The player 

 (county) making the greatest yardage 

 each day (sending in the largest amount 

 of business) will have the honor of 

 carrying the ball for yardage gain. 



Sam Crabtree, Marshall - Putnam 

 county, is captain of the Navy; Wil- 

 liam Hedgcock, McLean county, of the 

 Army. 



At the annual Country Life meeting 

 in January the winners will be served a 

 steak dinner by the losers. The losers 

 will have wieners and sauerkraut, and 

 assess themselves 50 cents each to pay 



"Four rrnRonR why I believe in life In- 

 Murnnfe,** nnyn Ijnrry 'Willinnis, ninnaser 

 Country Life InNiirnnee Co. Left to 

 ritrht: Ilonnie Jean. XKe 8t Bernice 14, 

 I.nrine IS, I,.iwrence Williams Jr. 17. 



for the winners' dinner. 



Counties playing in the game (send- 

 ing in policies) every day from October 

 1 5 to December 1 5 will be on the All- 

 American team. Time out will be al- 

 lowed for rainy days, bad roads, and 

 nobody home. 



Country Life Records 



Manager L. A. Williams reports 

 that: — 



1. Country Life holds the world's 

 record for the largest amount of life 

 insurance paid for in a company's first 

 year. 



2. For the largest second year's busi- 

 ness of any company. 



3. For the lowest lapse rate in any 

 second-year period. 



4. For the largest percentage of in- 

 crease of any company in the United 

 States in 1930. All but 5 per cent of 

 companies show a loss for 1930 and 

 that 5 per cent barely hold their own. 

 Country Life easily has a 100 per cent 

 gain. 



5. Country Life has built an agency 

 made up of nearly all "green" material. 

 Ninety-one general agents never sold 

 life insurance before. 



6. Country Life is the only company 

 on record to add to its surplus in the 

 first year of operation. 



7. Country Life has the lowest annual 

 participating premiums of any com- 

 pany selling to the general public. 

 Government insurance to ex-soldiers is 

 lower. 



The five leading counties In term life 

 insurance written during September 

 were: 



1. LaSalle Co. .125 applications — $172,000 



2. Marshall-Put. .123 applications — 165,000 



3. Christian Co. 116 applications — 153,000 



4. Winnebago Co. 116 applications — 148,000 



5. McLean Co 114 applications — 146,000 



Leaders in regular business for Sep- 

 tember: 



Opposes Compulsory Auto 

 , Insurance 



A PLAN of compulsory compensa- 

 tion insurance to idcmnify vic- 

 tims of automobile accidents advocated 

 by the chairman of the Wisconsin In- 

 dustrial Commission, was declared to be 

 impracticable by the general counsel 

 of the Maryland Casualty Company in 

 a debate at the recent meeting of the 

 American Bar Association. 



The attorney gave the following rea- 

 sons for opposing such a law: 



1. Such a law will materially increase 

 legal controversy. 



2. There cannot be prompt relief 

 where there is controversy. 



3. The compulsory plan is in many 

 of its aspects most inequitable. 

 No proposal can be equitable un- 

 der which one of the parties re- 

 ceives compensation at his own 

 fault, at the expense of the inno- 

 cent party, unless there is, as in 

 workmen's compensation, an off- , 

 setting advantage accruing to the 

 innocent. 



4. The cost of accident insurance will 

 increase tremendously because pay- 

 ments will be made upon claims 

 not now reported. The number 

 of claims will inevitably and le- 

 gitimately increase. The cost of 

 insurance under workmen's com- 

 pensation laws has constantly in- 

 creased over the cost of liability 

 insurance in all states. 



Illinois Agricultural Mutual Ins. Co. 



"We thank you very kindly for the check 

 Mr. C. F. Dobbins turned over to us tliis morn- 

 ing covering E. L. Rieser*s account on repairs 

 to his Buick coupe. 



"It is indeed a pleasure to be able to serve 

 persons insured in your company becaure if any 

 difficulties arise your agent, Mr. Dobbins, is 

 always ready to adjust matters catisfactory to 

 all. 



"Enclosed please find receipted bill covering 

 repairs to cushions." 



Clyde C. Netzlev & Co.. 



Per E, G. Tannery 



Niperville, Dupage county, 111. 



Between 1899 and 1927 general taxes charged 

 against property in Rock Island county, Illinois, 

 for state purposes increased 7.34 times as fast 

 as population, and 6.60 times as fast as total 

 full valuations of property. 



For county and local purposes taxes increased 

 6.20 times as fast* as population, and 6.30 

 times as fast as total full valuations of prop- 

 erty. 





The bigger and more highly colored apples 

 are, the longer they will keep, it has been dis- 

 covered by horticulturists. 



