Paf^e Eighteen 



THE I. A. A. RECORD 



INSURANCE NEWS 



EA. CARXCROSS. general .igcnt 

 • in Cook county, won first pri/c 

 consisting of a 's7() watch in the agents' 

 Jarm Bureau auto insurance contest tar 

 September. Roy Mitcliell ot Cliani- 

 paign county won sj^.ond prize, a s4() 

 watch. C". 1 . Mopkins of Livingston 

 county, I.. R. >X'elk of I.ogan county, 

 anj K. \\'. Cleland of Boone county 

 won tliirj, fourth and hfth prizes re- 

 spectivelx. 1 ach got a iH fountain 

 pen and (X'ncil set. 



C^lianipaign countv was higli tor the 

 niontli with 1 IM) applications. Cook 

 couiu\' was second with SI. During 

 the montli Carncross signed 73 apph- 

 cations, Mitchell 5^, and Hopkins 53. 



The Illinois /Xgricuiturai Mutual on 

 October 1 h ul 24,504 auto insurance 

 applications .md policies in force. Tlie 

 total for September was 9.76. 



The National Safety C;<;uncil reports 

 that automobile accidents have been re- 

 duced 29 per cent in thj nUie states 

 which have pa'sal dri\crs' license laws. 



The llhnois Agricultural .\Uitinl In- 

 surance C!ompan\ operating only three 

 and one-half \ears has assets of s5S0,- 

 000. and has saved its members S300,- 

 Ot)0"on automobile, insurance .lione com- 

 pared with the initial cost in any other 

 state-wide compan\. 



Country Life agents, divided into 

 twt) teams known as the Army and 

 Xavy, began a "football" contest on 

 October 1 5 to sec which side could 

 write the most life insurance by De- 

 eember 1 5. 



.\h)st of the northern and western 

 Illinois counties are on the Na\\ team, 

 while central and southern Illinois 

 c«)unties comprise the Army. Only 

 paid for business will count. 



One thousand dollars of life insur- 

 ance moves the ball a yard in the cne- 

 m\ 's territory. If Army sends in sH,- 

 fM)0 of insurance on October 15 the 

 ball will be carried inio Navy's terri- 

 tory 15 \ards. If N'avy semis in $10,- 

 (10(1 the same day the ball will 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 Crabtrce, ^Llrshall - Putnam 

 county, is captain of the N'avy; Wil- 

 liam Hedgcock, .McLean count'., oi the 

 Army. 



At the annual Country Life meeting 

 in Januu'v the winners wjII be served a 

 steak dinner by the losers. The losers 

 will ha\e wieners and sauerkraut, and 

 assess themselves 5 cents each to pa\' 



**l-'«Mir r<*iis4MiN \y\\y I lirlipvr in lifp iii- 

 Hur:iii<-4',** s:i>*i l.:ii-r.\ \\ illiiiiiiH, iiiniinifcr 

 rdiitlfrv i.iiv liisiiriiiii'i- <'o. Left to 

 rimrlil: [Eftiiiiit* .l«*;iii. :i«£(' ^: llcrni^'c II, 

 l.oriiM' IS. I.:i^\ I'l'iiiT \\illi:itiis .Ir. 17. 



tor the w mners" ili.iner. 



Ciounties pla\ing in the gun.' (send- 

 ing in policies) every day from October 

 15 to December 15 will be on the All- 

 Am.rican te.mi. Time out will be al- 

 lowed tor rain\ da\s, bad ro.'.ds, anil 

 nobod\' home. 



Country Life Records 



Manager L. A. Williams reports 

 that: — 



1. Coimtry Life holds the world's 

 record for the largest amount of life 

 insurance paid for in a company's first 

 \ ear. 



2. I or the largest second year's busi- 

 ness ot any company. 



3. lor the lowest lapse rate in any 

 sect)nd-\ear period. 



4. For the largest percentage of in- 

 crease ot anv comp.my in the United 

 States in 1930. All but 5 per cent of 

 companies show a loss for 1930 and 

 that 5 per cent barel\' hold their own. 

 C^ountry Life easily has a 100 per cent 

 gain. 



5. Ciountry Life has built an agency 

 made up ot nearly all "green" material. 

 .Ninet\-one general agents n.'vcr sold 

 lite insurance before. 



6. Country Life is the onl\ company 

 on record to add to its surplus in the 

 tirst year of operation. 



7. Countr) 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. I aSjIk- Co. i;s aprlicjtion'. — $I72,(I((0 



;. Mjfsh.iU-Pui. i:» applications — K.^.OOO 



'.. Cliristi.in d. 116 applications— Ml.OUll 



4. VCinncbajjo Co. 116 applications — 148,000 



<■. Mcl.can Co 114 applications — 146.000 



Leaders in regular business for Sep- 

 tember: 



Opposes Compulsory Auto 

 Insurance 



A PLAN of compulsory compensa- 

 t on in'urance to idcmnify vic- 

 tims of automobile accidents advocated 

 h\ 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 materi.iUy incre.ise 

 legal controversv. 

 There cannot be prompt relief 

 where there is controversy. 

 The ccmpulsory plan is in m.my 

 of its aspects most inequitable. 

 No proposal can be etjuitible 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, .■'.n off- 

 setting advantage accruing to the 

 innocent. 



The cost of accident insurance will 

 increase tremendously because pay- 

 ments will be m.'.de upon claims 

 not now reported. The numlvcr 

 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 .'\;;riculturjl Mmii.il Ins ( o. 



"W"c tl-.ink you scry kimils tor tlic . 'icck 

 Mr. <'. IC DobSins tiirn.-d over to iis l!iis iMorn- 

 iai; covcrin;; 1. I.. Ricsc."s ,ic.o:n: on rcp..irs 

 to liis Buick coupe. 



"It is iiul^'cJ a p'easurc to hj .I'.sic to tcrvc 

 persons in iiircd in your conip.iin' lv^.:a c it any 

 Jiiiicultics arise \1iur a:.;cnt, .Mr. l.)o'.s'.iins, is 

 al\'.a\s rcaJv tit jjjust ni.iticrs ■ uisJactorv to 

 ..11. 



"I nc lose J please liiul receip'.eJ hill covering; 

 repairs to ciisliions." 



ClVDC C. Nl T/1 I V & Co. 



Per E. Ci. Tannery 



Naperville, Uupaijc county, III. 



Between 1899 and 1927 };eneral taxes charged 

 against property in Rock Island county, Illinois, 

 for state purposes increased 7.54 times as fast 

 as population, and 6.60 times as f.ist as total 

 full valuations of property. 



For county and local purpt)ses ta\es increased 

 6.20 times as fast as population, .ind 6.M) 

 times as f a .1 as total full valuatiiu. <4 prop- 

 erty. 





t. 



I 







The bii;gcr jnd nutrf In Ji'x 

 arc, tbc lonj^cr ihcy will ki..'p, 

 covered by horticulturists. 





