Show Financial Aspect Aspect of I Auto Accidents During 1930 the casualty insurance industry incurred an underwriting loss Joss of on automobIle a r-a r r a loss equal to 84 8 4 pet pel cent centI I of recen received ed In 1929 the loss Joss was as 2 G per cent of Thoughtless people may say let I insurance companies worry orry But insurance underwriters are no better than are arc other people with Ith a losing business and they usually know hoto how ho to adjust outgo to income namely namely by increasing their rates For this reason no one who ho operates a car can to laugh off oft proof that 1 fecklessness on the highway spells hl higher her cost foi fot automobile m in insurance insurance for all operators The Baltimore Sun feels that the merit s system stem by which the careful darer er is given a decrease on his insurance m in insurance premium should prove help help- helpful helpful helpful ful in m reducing accidents The pocket pock pocket pocket et nerve observes the Sun is sea sen sensitive If It our horrible toll of or fatal ties does docs not serve to engender care carefulness s perhaps financial considerations will The recklessly opel operated motor car caris caris caris is more wasteful of lives than was as the World War foi for its toll is endless Some means must be found for punishing pun punishing the dangerous driver while re- re rewarding awarding re-awarding r warding and protecting the good and careful careful one |