Show it I LOOKS 6 OD FOR FORI INSURANCE BILLS Less Opposition in Assembly Than Had Been Counted Upon ENDORSE BIG PROVISIONS Small Comm Companies Willing g lo Io 0 nl Annual Limit New HII Business ine May lay ho he Sulked 1 Albany X Y March 10 10 Every member o of or the Armstrong insurance Investigating committee who could be reached toda today declared that ho was well pleased with yesterdays yesterday's hear hea ing Af Assembly Assemblyman man Rogers Rogel's spoke for foi forthe forthe the rest when he said faid Less opposition developed to the bills than an nn any of us had expected The Thc endorsement of or most of or the big bib provisions lons b by a majority of the In Insurance Insurance insurance In- In men themselves convinces u us that wet we ve have made few mistakes Inthe in inthe inthe the framing framing- and that we need make hardly any changes es of or Importance in order to put the bills upon the statute stat slat statute ute books as ns perfect as we wo can mal make C them It may be he said eald with certainty certainty- that gnat the committee Is la not convinced b by bythe bythe the arguments of or the thc Big Dig Four actuaries actuaries actu actu- aries in opposition to the bill prohibIting prohibiting prohibiting deferred The small companies seemed willing enough to tomake tomake make annual returns said one of the members and we wo still sUII believe that all the thC arguments arg that can cnn be brought blought a against the bill hili are specious Believe e Arguments J Specious There Therl are arc big subjects still to h be discussed such discussed such for instance s n-s mu- mu which It Is assumed will take nice up most of the tune time at the next hearing Thursday But it should be I noticed that there are arc several cral bills I that are ate and to which there Is some probability of opposition Times Thes include th the bill prohibiting politIcal political ical contributions and false statements state state- ments and the question that the tho committee committee com com- mu must t now consider Is whether It would woul not be advisable to report out these thelo bills and bring them before lh the legislature for final pa passage In order to hot got so much of or the work worl out of the thc way for Cor good geed However I am nm Inclined to lo think that all measures alike will twill be held up at the request of or the joint committee until the time hearings hearings hear hear- ings are alC concluded One Amendment i One important amendment I Is certain lain tain the ju justice of the point made Inthe in inthe the present bill was brou ht so forcibly forcIbly forcibly forc forc- before the committee yesterday Chairman Armstrong admitted on the thc spot pot that there should hould be a change Th Tip bill now provides that while In Insurance Insurance insurance In- In companies In other states may only be a admitted to business In Now Xu York upon the certification of the New York super superintendent of or Insurance Insurance ance other states must admit New NewYork NewYork pw York state slate companies to business upon time the certification of the New ew York de- de pa or Upon ref refusal tsal a all comI companies com corn i I panics from those states will be thrown out of or New cw York Such provision provision pro pro- 1 vision Is so manifestly unjust l and andi i would be so liable to provoke serious i retaliatory measures from rom other states that it will be amen amended ed forthwith Probably also the bill regulating the expenses of insurance companies in acquiring new business busine will be he changed fur for the benefit of insurance agents but the proposition restricting restricting restrict restrict- In ing tho the amount o of business to I will vill doubtless remain as ItIs It Itis Itis Is is |