Show VALUELESS INSURANCE POLICIES portland ore july 31 in an article concerning the fire insurance situation in ahls state the evening telegram today says among other things oregon property owners have about fire insurance that Is worth more than the paper on which the policies are written this fact la known to leading insurance men to the largest and to others four of the large insurance companies formerly doing business in this state became insolvent as a result of the san francisco fire their oregon policies at the date of the 1905 report of the insurance commissioner was materially above and are probably higher at this time each of these four companies has on deposit with the state officials to protect local policyholders policy holders making a total of as the maximum abeta to cover more than of possible liabilities |