Hon. WILLIAM A. ASHBROOK, House of Representatives Building, Washington, D. C.: The Williams County local board of insurance agents endorse House bill 6452 which prohibits use of United States mail in soliciting insurance by any unlicensed company in any said State and urge your personal favor and support to have bill favorably reported out of your committee. HUGH O. CAUGHEY, Secretary.. Hon. WILLIAM A. ASHBROOK, TOLEDO, OHIO, March 21, 1935. House of Representatives, Washington, D. C.: Kindly report out favorably bill H. R. 6452. LONG, BOYNTON & REGENOLD. EAST LIVERPOOL, OHIO, March 21, 1935. Hon. WILLIAM A. ASHBROOK, House Office Building, Washington, D. C.: It would be appreciated if you would report out favorably House bill 6452. This bill would correct many bad practices by unauthorized insurance companies. J. S. HILBERT. Hon. Wм. A. ASHBROOK, House Office Building: CLEVELAND, OHIO, March 21, 1935. Trust that you look favorably H. R. 6452 by Congressman Hobbs which prohibits use of mails to unauthorized insurance carriers. Appreciate your asking Post Office Committee report bill out favorably. Will be great assistance to general public and those insurance companies doing business on sound authorized basis. FRED P. THOMAS INSURANCE AGENCY. TOLEDO, OHIO, March 21, 1935. POST OFFICE COMMITTEE OF HOUSE, Hon. Wm. A. Ashbrook, House of Representatives, Washington, D. C.: Please report out favorably H. R. 6452. Lafayette Chamber of Commerce believes H. R. 6452 in present form would unjustly curtail operation of T. B. A. American Benefit Association, a legitimate mutual life association, domiciled Lafayette which is a valuable asset to our city and State. BOARD OF DIRECTORS, LAFAYETTE CHAMBER OF COMMERCE. SANDUSKY INSURANCE BOARD, Hon. WILLIAM R. ASHBROOK, House Office Building, Washington, D. €. DEAR SIR: Will you kindly use your efforts to report favorably on House bill no. 6452, which all of the agents in this territory are very anxious to have passed? This bill, as you know, prohibits the use of the mails in soliciting insurance in a given State by companies not licensed in said State. Very truly yours, SANDUSKY INSURANCE BOARD, By R. P. REUTLER, Secretary. Hon. WILLIAM A. ASHBROOK, THE ALBERT REES DAVIS Co., Cleveland, Ohio, March 20, 1935. House Office Building, Washington, D. C. DEAR SIR: We are strongly in favor of House bill no. 6452, prohibiting the use of mails to companies not licensed in States where they are doing business and we trust that your committee may report favorably on the bill, which we understand is now under consideration. Respectfully yours, C. W. DAVIS, President. THE JOS. A. KYSELA Co., Hon. WILLIAM A. ASHBROOK, House Office Building, Washington, D. C. DEAR SIR: May we urge you to report favorably upon House bill no. 6452, to prohibit use of mails to unlicensed companies? May we count upon your support? Yours truly, Jos. A. KYSELA, President. Hon. WM. A. ASHBROOK, / Chairman of the Post Office Committee, LEO S. HILLEBRAND CO., Toledo, Ohio, March 21, 1935. House of Representatives, Washington, D. C. HONORABLE SIR: We would appreciate your support of House bill H. R. 6452 and ask tht you recommend that your committee report the bill out favorably. Thanking you for your assistance and any effort which you may make in behalf of this measure, we are, Yours very truly, L. S. HILLEBRAND, Treasurer. Hon. W. A. ASHBROOK, CLEVELAND TRUST Co., Cleveland, Ohio, March 16, 1935. House of Representatives, Washington, D. C. DEAR MR. ASHBROOK: In behalf of this institution I wish to enter our vigorous opposition to House resolution 6452, by Representative Hobbs, of Alabama, which seeks to make it unlawful to use the mails to solicit or effect insurance, or collect and transmit insurance premiums in any State without complying with the insurance laws thereof. This resolution is obviously intended to make it impossible to write insurance with Lloyds, of London. This institution has for 24 years been covered by Lloyds in a most satisfactory manner, both as to cost of premium, type of coverage, and promptness of settlement where losses occurred. No American underwriter has ever even approached giving us the type of coverage which we believe essential for the proper protection of our depositors and the beneficiaries in our trust department. Furthermore, the premiums on Lloyds bonds are much less than the best offered by any American underwriter. Our experience with Lloyds has been so highly satisfactory in all respects that we would regard it as nothing short of a disaster if the above resolution were adopted, and we would be forced to pay the excess premiums which are demanded for a coverage which we regard as so limited as to be entirely unsatisfactory. Furthermore, there have been numerous failures among American companies. Contrasted with this is the unbroken record of Lloyds which has been in continuous business for over 200 years, and which, owing to the widespread of its risks, offers a protection which we regard to be highly unique. We trust the Hobbs resolution will be defeated. Very truly yours, R. S. DOUGLAS, Assistant Counsel. The House of Representatives, Washington, D. C. MY DEAR CONGRESSMAN: This department is deeply interested in the passage of H. R. 6452, which was introduced in Congress by Congressman Samuel Hobbs, of Alabama, making it unlawful to make use of the mails in the solicitation of or effecting insurance in any State without first complying with the insurance laws of that State. Our legislature has wisely enacted laws which protect our citizens when dealing with insurance companies licensed to transact business within this State, but little if any protection can be afforded them when dealing with unlicensed companies which operate through the mails and which all too often have no financial responsibility or standing in their home State. This department is constantly receiving complaints from citizens who have been victimized because of these "mail order" associations and, in our opinion, the only way the abuse can be remedied is by the enactment of Federal law, such as H. R. 6452, denying the use of the mails in conducting an insurance business in a State in which the purported insurer is not licensed.. This department is therefore heartily in favor of the enactment of the bill above mentioned and respectfully asks your support thereof. With kindest personal wishes, I am, Very truly yours, A. H. AVERILL, Insurance Commissioner. STATE OF OHIO, DEPARTMENT OF COMMERCE, Hon. WILLIAM A. ASHBROOK, House of Representatives, Washington, D. C. DIVISION OF INSURANCE, DEAR SIR: Enclosed please find copies of correspondence between this department and the Minnesota Insurance Department regarding an unauthorized insurance company. We trust this may assist you in the support of the Hobbs bill, No. 6452. This department is deeply interested in that bill, and the enclosed correspondence is just a sample of what frequently occurs in Ohio where persons deal with unauthorized companies. Furthermore, unemployed people, who are of good character, are often deceived by letters received from the president or secretary of an unauthorized company, stating that the company does not have to have a license to operate in Ohio, nor do agents have to be licensed. This department is always reluctant to proceed against an agent under those circumstances, as, in most cases, he is simply an innocent victim of a bad practice. If we can assist you in any way please let us know. Hon, ROBERT L. BOWEN, ROBERT L. BOWEN, Superintendent of Insurance. By WALTER A. ROBINSON, Actuary. INSURANCE DIVISION, Superintendent of Insurance, Columbus, Ohio. (Attention: Mr. Walter A. Robinson, Actuary.) DEAR SIR: We acknowledge receipt of your letter of March 20 concerning Fidelity Mutual Association. When Mr. Bean, president of Fidelity Mutual Association, was sent to the workhouse on January 8, we were informed that that association would discontinue its operations, and no complaints have been submitted to us since then indicating that it has any agents who are now active or that it is continuing its operations, although we have had no definite information that it is not continuing to operate. We were informed that a receiver would be applied for but, subsequently, we were advised that no such application was made. 128691-35--10 |