Show t INSURANCE MEN MENt t I OUT our FOR REFORM f Decry Switching of Policies and Alleged Rebating as Practiced TO I INTERVIEW E EJ J OFFICIALS OFFICIALS' Committees Named to Complain Corn Com plain to Company Regarding Regarding Regard Regard- I il ing g I Its Agents J Jt 1 I Us At t t Its its regular meeting meeting- at al Yun Vunda J J a-J mere u t I UI ut the Utah Ulah Association f f Life LiCe Un Underwriters er appointed a com com- to unit upon the Life Insurance company with reference refer reel ence to alleged misconduct of or at ot least one of or the tha agents It I Is staled that the agent In q le question tion has been switching insurance policies from competing companies to lo tho the one onet t which he lie represents el s This practice of or switching Is against I the ethics of the a association Inasmuch a as It Is considered injudicious ii cious cIoti and works oll s an injustice on the thc company company from whom the policy polley l Is switched The Flie appointed appoint ed consists of Will Ill G G. G Farrell Vil il r lard Jard ar Done J J. J T. T V. Y Sloan D D. t H. H LI Livingstone and amI John Juhn D D. Spencer Switching of oC policies has always alwa's been discountenanced b by Insurance companies It consists of pc persuading ua a uman man whose policy in one company comp has hasy y time lime to tu cash been running for tor some I. I that policy In an and u use tise e the lie cash value n J. J i h in tn fulfill lIni out nul a nolle in the company which h the agent or operating represents t- t c. c The rime uan transaction action Is almost inevItably a lo 10 losing one for the PolicYholder holder Corr for foi 1 r no iio new policy it Is declared can reasonably reas reas- l be as one of oC equal ia as good as amount that has run for several sc years eals j The differ difference In time makes a t difference dirI dir dif lCt lC- lC t I ference Clence In the time amount of or premium tobe to tu be e paid b by the holder holdel Company ot Nt ill in Fa Funn r. r When hon asked regarding the lie matter z- z Saturday night General Manager of the Beneficial company compan affirmed that his is stoutly company j. j and has always been unqualifiedly lr against thiS the practice of ur s switching an and that It HI han handle le any agent against whom the thc practice can be e proved pro Mr also uso slated stated that he lie had hadnot not been apprised of oC the action of or the theu u association called several se My 1 attention was 1 days ars ago og-o II said aid Mr 1 r. r String to tot toone toone t one of Ou our oui agents who was char charged 1 with having switched a policy OlIc 1 told t the complainant ant to bring In tho the papers ImpelS rl from the other company an so 80 that I 4 4 could coul b be sure suro that the charges charge were J true truy No papers were brought to me I and I have heard nothing nothing- further In relation to the matter maHer t As s soon as charges against any agent of uC ours can be e reasonably proved he will bo be se set severely se- se t verely handled hande for tor the offense i- i I 1 1 am sure burc our company Is as free as as as all any from the of offense ense The appointing appoint appoint- It f- f r lug ing of oC a committee will vill place our com com- Va l In Jn a wrong ron light as our policy la Is entirely against tho the offense charged J ek to Toronto At l the meeting Saturday delegates w were rc chosen to represent the local association at the tho national convention con 1 of uC underwriters In Toronto August 21 1 22 g Following are the delegates ates Willard Wil- Wil 11 I lard lar Done M. M L L. Robinson L. L H. H III I T. T W V V Sloan and J. J I IJ J Alternates George Geore W. W Peck J. J Fred Fied Anderson cr on F. F J. J II n. Konold Konol I It ric t and J. J B. B Smith J Resolutions are arc being being- formed by hr tho the 1 association cou condemning Illegal ing lug 2 2 After tho the bu business meeting the 1011 I. I underwriters and their friends on- on the attractions ath or of the tho resort An n Informal luncheon spread on un the lower floor of or the pavilion IJ was enjoyed en en- i joyed joye by more than persons J T Twenty doctors me medical examiners for or Insurance companies welo vere special guests President ent W. W y G. G Farrell wa waSI waS waS' I toastmaster I |