INSURANCE COMPANY FUNDS
THE PUBLIC WAItY. I New York, Vebruary 28. The President of the Life Undedwriters' Society of New York states that the value of American life insurance policies decreased by .-CBO.UUU.UUU IB 1908 owing to the revelations.
CANADIAN COMPANIES.
London, February 28. The Canadian Royal Commission on Life Insurance Companies severely condemns the investment of funds in speculative stock, the extravagant management and anWormnJ expenditure to secure busines-. It also severely condemns the unauthorised investments of fraternal s ocicties,tlie stal)ij» ty of which ought to be legislatively assured. It recommends more frequent distribution of surpluses and rigid legal restrictions in regard to mftesfaientß.
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Taranaki Daily News, Volume XLVIII, Issue 81918, 2 March 1907, Page 3
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105INSURANCE COMPANY FUNDS Taranaki Daily News, Volume XLVIII, Issue 81918, 2 March 1907, Page 3
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