| Show NEW YORK INSURANCE department criticized criticised albany N V feb S the administration 0 the state insurance department part ment by its present superintendent otto kelbey who was appointed by the late governor higgins is severely criticized criticised in the report of matthew C fleming the special commissioner appointed by governor hughea to investigate the department under the authority of an act of the last legislature additional interest attaches to the report because of the senates refusal last spring to remove superintendent kelsey upon the governors gover nory recommendation and the widely prevalent belief that the recommendation will be renewed at the present aises slon charges originally filed with the governor against superintendent kel aey by a new york newspaper form the basis of the investigation and they include separate counts which are given in detail the attorney general has advised that an of new york lafe insurance agents be permitted to continue as to all agents who were members of it when the insurance amendments went into effect and who are still complying with nylic contracts other matters which mr fleming virtually dismissed as riot sustained are of alleged injustice to small in the mat ter of loans lying advertisements refusal ft information to policyholders policy holders and falling to take action on industrial insurance this last mr flem iny points out is one for action I 1 As to the last charge that of fail 1 we to brand mr harriman as disqualified to hold in any insurance corporation mr fleming says it does not appear that under the law mr kelsey could take any action ini the way of disqualifying mr harriman from holding office in any ansur ance corporation mr flemings principal stress is laid upon the alleged inefficiency of mr Kel control of the depart ment violations and evasion of law were not discovered discrepancies in reports of companies which i went unnoticed failure of the superintendent to act upon what mr fleming regards as improper connection of department part ment employed emp loyes with insurance companies tardy compulsion of action in compelling companies to make cairn of financial |
