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Show BANK INSURANCE I RULES TIGHTEN I Because of Bank Robberies Underwriters D e m a n d Stricter Regulations Because of the number of ban! Peries committed in ell parts Of the I'nlted States during the last few y BJ bank burglary and robbery tnsiiranc" has been exceedingly unprofitable according ac-cording to K- L- Kord. local Insurance man. Mr. Ford bases his claims on jthrco things: First (padi uuaic pre-, pre-, mlum rates, unsafe mechanical equipment equip-ment and Insufficiency of physical I protection against acts of bandit:, ir holdup men- This has been particularly particul-arly true of the banking institutions n very small towns when- I lie volunr oi hanking business Justifies the cm-pldyment cm-pldyment of only a few individual- In in hank and wsere up-to-date bank-I bank-I ing equipment is considered too costly to warrant expenditure, Mr Ford I stales. ! Itules and regulation- have bei srnt broadcast to all Insurance men In I all parts of the country by the leading ms designating the termn on which 'iidiik insurance may be written. I ne of the rule Is as follows: "In such towns of less than 5.000 population popu-lation the company will not entertain . n application for either hurgiary or robfa rj insurance exceeding $ 1 0.o no i unless ' at ' least five emplove.s of th" bank will always lie on duty Inside 'the premises when the bank is open I for business " ' The strict rules adopted by the insurance in-surance companies have been made due to the fact th.u hundreds of robberies rob-beries are committed duilv in all parte jnf the country. I'tah h is i-pei li-nccd Lscvoral during the past three months. jl oo California lemon grower are jn ' Washington lobbying for a high tariff 'on Italian lemons. |