Ogden Weekly Standard | 1905-09-29 | Page 7 | Fraud in Insurance

FRAUD IN INSURANCE chicago sept 20 investigation of the affairs of the western lite indemnity company by a state examiner today brought to light lacta tending to show that claims of perhaps thousands of in assessment companies have been practically wiped out through company manipulation examiner luclus fouls discovered that no fewer than eighteen small insurance companies have terminated their existence by merging into the western life indemnity this means said the examiner that the policyholders policy holders ot tho original companies have gone through a sort of process which leaves them unan cured although they are still paying their premiums and have been doing so for years this condition is not particularly the fault 0 the western or other absorbing companies for the absorption Is done according to law