INSURANCE COMPANIES
DRASTIO REFORMS PROPOSED IN AMERICA.
By telegraph, Pres* A»B’n, Copyrigh Reoeived 9.19 p.m., Feb. 23. Now Yoik, Feb. 23.
The Joint Legislative Committee, after investigating American lifo inauranoo, reoommends permission for the formation of mutual corporations without capita', opposes any further formation of cooperative or assessment companies, denounces the past administration of mutual oompanirs, limits tin now business of the larger companies 1 1 15,000,000 dollars yearly, forbids officials to psrtioipato in syndicates, and reoommeuds many other drastio reforms.
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Bibliographic details
Gisborne Times, Volume XIX, Issue 1682, 24 February 1906, Page 3
Word Count
81INSURANCE COMPANIES Gisborne Times, Volume XIX, Issue 1682, 24 February 1906, Page 3
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