|Saline County, Kansas|
KANSAS INSURANCE RECORD
VOL. 4. NO. 1
Published Semi-Annually by
BRANIFF & CRAVENS,
General Insurance Agents
|Introduction||He Didn't Insure||Best Facility||The Burlington Insurance Company||School Furniture|
|Windmills||Amount of Property Burned||Published List||Important Reasons||Something about Insurance Companies|
|The German Insurance Company||Testimonial||Preserving Plate Glass||Advertisements||Receipts|
|Brain & Cravens Advertisement||Salina Exchange Nursery|
List Of Parties Claims Were Paid To
List Of Persons Who Have Been Insured
We publish Volume 4 No. 1 of the RECORD in a little different form. We think a four page paper a little more convenient. The difference in size however, is not material, as there is fully as much, if not a little more reading matter than in the Eight page edition. We also drop out all the names put on the books prior to July 1st '84 and publish only new business, that is to say business done between July 1st, '84 and Jan. 1st, '85. In addition to the names we also give the amount insured by each party. We give a few receipts for losses paid since our last issue and a partial list of those published in former numbers of this paper.
Enough however, to clearly show our manner of settling claims for honest losses. Were it necessary we could furnish a great many more receipts of the same kind, but we have no space for them.
We also call attention to our line of companies published in another column. They are all well known, reliable companies and you have twelve to choose from. Don't forget these facts when you want insurance.
C.O. Wheaton 20 miles s.e. of Salina had his dwelling house and contents destroyed by fire on the 15th inst. He was solicited to insure the same about ten days beforehand, but like many others. "I never lost any thing yet and it would be paying money for nothing for ME to insure." We heartily sympathize with Mr. Wheaton in his disaster, but can not avoid mentioning his experience for the benefit of those who delay that which is essential to the welfare of themselves and families. He was NOT Insured.
The main feature of our business is the fact that we do all the business at home ourselves - not by calling in third parties in the settlement of losses - we consider this of great importance to the policy holder. In fact experience has shown it to be the case. We write all policies of insurance here. You know just what the contract is and what the conditions of the policy are before you accept it. You pay for it here. No matter whether you pay cash or give a note, it is all the same. And if a loss occurs we adjust and pay the money here without delay. We think it worth while to give these facts prominence, because they are important to the insuring public, although almost everybody has had and now has property insured with us, and knows what we say to be true, without our making mention of it here.
We are informed by reliable authority, that the State Auditor in making an examination of the books of the Burlington Insurance Company, of Burlington, Iowa, found their capital impaired about $40,000. And has notified the company to put up the deficiency, they refusing to do so, the auditor proceeded to revoke their license to do business the State, when the Company appealed to the Courts for a temporary injunction restraining him from doing so. We have not heard the final termination of this trouble, but if the Auditor is right, and the Company's capital is impaired, as reported, she should not secure the support of the Insuring public, as a company without surplus and with less than $100,000, capital is "small fry."
The Burlington Insurance Company scarcely ever has a permanent abiding agent at any one place, but employs "floating nomadic agents who are here to-day, and some place else to-morrow. They have no Recording Agents in this county, and any person who holds a policy in this company and wishes an endorsement or a transfer made, is put to the trouble of sending their policies to Burlington, Iowa, for that purpose. Why not insure with the agent of the GERMAN INSURANCE COMPANY, a good reliable Company, whose agent resides in your county permanently, and who has not only the authority to write your policy and make all endorsements, but settle the losses. We pride ourselves in doing this satisfactorily.
Make no more bad breaks, therefore, insuring with any other than an agent who can write your policy here and do all the business connected therewith, right here at home. We have yet to hear of one dozen policy holders in this county, who hold policies in the Burlington Insurance Company who express themselves entirely satisfied - and once you give your note to them, they will not willingly give it up again without you pay it all.
We have in our mind a case where a man gave his note to them for $68, and about five days after wished to cancel his policy. They absolutely refused to do so until he paid all of his note, when they would return him what money they chose, which would probably be "much" when finally an attorney at Salina wrote the Company a notice to cancel the policy; they asked him to remit $37.50 to them, and they would return him the note. Think of it - this is the Burlington.
1875 - $ 78,102,285
1876 - $ 64, 630,600
1877 - $ 68,265,800
1878 - $ 64,215,900
1879 - $ 77,703,700
1880 - $ 74,643,400
1881 - $ 81,280,900
1882 - $ 84,505,024
1883 - $100,149,228
- and the estimate for 1884 is the appalling sum of $105,000,000 - a total of over $800,000,000 for the ten years, or over $80,000,000 per annum. Now the property thus destroyed has been absolutely annihilated - turned into worthless ashes - the country is so much poorer, and taxation upon what remains has been made thereby a needless burden. This great and growing waste no country can long endure, and should receive immediate attention and check.
Our great cause of this ever increasing waste is to be traced to carelessness - not alone criminal carelessness, ___ ______? on the part of the honest property holder, and to this source alone it is estimate fully one half of the fires are to be attributed. An apt illustration of this is the fact that during the first few months following the great conflagrations of Chicago and Boston, in 1871 and 1872, when there was great uncertainty in the public mind as to the soundness of Insurance Companies, leading to unusual care of property of all kinds, the losses were very small - merely nominal. It is with a view to avoid the necessity of a general increase of rates of premium - otherwise inevitable - that we appeal for the active co-operation of all classes of people in measures to materially lessen this awful destruction of property. The Insurance Companies have done and are doing their full duty to encourage careful construction, good water supply, efficient Fire Departments, thorough inspection and general improvement of risks, and the punishment of incendiaries, and it now remains for the people to remedy the existing evil and ward off the peril which impends.
1st. By encouraging in every way the better construction of buildings.
2d. The improvement of Fire Departments and supply of water.
3d. By the appointment in each city, town or village of a Fire Marshall, or person with authority to investigate the cause of fires.
4th. By using greater care in the handling of matches, in the use of kerosene oil, and all other products of petroleum, by keeping ashes outside of buildings, by constant watchfulness with regard to heaters and hot air flues and chimneys, and in every such way as they would do if insurance did not exist.
Without such aid from the public, the result will be that the Insurance Companies, as a matter of protection to their Stockholders, must cease insuring - or the rates must be largely increased.
In the first number of this paper Jan'y 1st, 1882, we published a list of names of all the parties insured by us up that time. It has been our custom since that time to publish in addition to the first list, all new names taken previous to each issue of the paper, or as many as our space would allow. The list has been so lengthy that we cannot give it complete any more, as it would occupy more than the entire space of the paper. We therefore in this issue, confine ourselves to those names which have been placed upon our books since July 1st, 1884, the date our last paper was published, and a very comfortable showing it is, too.
WHY YOU SHOULD INSURE YOUR PROPERTY WITH
BRANIFF & CRAVENS
1st. Braniff & Cravens represent the largest number of companies with the largest Combined Assets of any Agency in the State.
2nd. They have had the LARGEST EXPERIENCE in the Insurance business of any other Agents in Kansas, hence are able to write a more intelligent Policy and write your Insurance so as to cover not only a PART, BUT ALL of your property.
3d. They have had considerable experience over the Insurance field as ADJUSTERS AND SUPERINTENDENTS of Agencies, and have thus had an opportunity not enjoyed by others of learning how Insurance should be written so as to be most BENEFICIAL to the Insured, and yet be honorable with the company.
4th. They adjust and pay their own losses at home, without having to send East for an adjuster.
5th. They give you all the time you can consistently desire to pay your Insurance Premium, providing you do not want to pay cash.
6th. They have facilities for writing Insurance on almost any conceivable kind of property, in any shape and for any time from one day to five years.
7th. They reside permanently in Salina, and are perfectly responsible for all their actions.
8th. They aim to treat all their patrons alike and give them good and reliable indemnity at MODERATE and LIVING RATES, not wishing to do business only for a day, but for all time, and they expect to retain all their patrons as friends.
9th. They are now doing the largest business of any Agency in the State.
10th. They do NOTHING BUT INSURANCE, hence, are able to give their entire attention to it and are more apt to be correct.
11th. They are the PIONEER TORNADO INSURANCE AGENTS OF KANSAS.
12th. They will endeavor to treat all with honor and courtesy who transact business with them.
Office over Postoffice.
We loan short time money on personal security.
In order for the company to get this money for losses, they must charge for the risks they assume whatever experience with the class of business insured shows it to be worth.
The report of the Superintendent also shows that the stock insurance Cos. doing business in this country have not robbed anybody, nor are they trying to do so. The Stock companies are the main stay of the business. When you have done away with them, there will be no such thing as indemnity known, and it is time this fact was appreciated.
All they ask is a margin sufficient to pay losses and expenses and a reasonable interest on the capital actually invested. This any reasonable man will admit they ought to have. The fact that they have not been getting it, shows conclusively that rates have not been too high and that however cheep a scheme may look on paper, it takes money - hard cash - to pay losses, and no man will satisfied with anything else, when misfortune overtakes him.
We might add in conclusion, that the time to take these matters into consideration is before you insure, not afterwards, as it may possibly be too late then. Remember that in all cases, you do well to give a wide berth to the agent of whatever character, who undertakes to give you something for nothing.
The German Insurance Company of Freeport, Illinois, has become very popular and deservedly so. The name has become a household word in Saline county. Every body knows that a policy in the German means fair and square treatment in case of loss.
The company is amply able to take care of any and all losses that can possibly occur, having in the neighborhood of $1,700,000 assets; she combines capital with age and experience. Her prompt dealing." During the year 1882 the business written by the German in Kansas amounted to $5,934,234; for which $134,841.67 was received in premiums. This is the best evidence of the company's popularity in Kansas.
We desire to keep the fact prominent before the public that the German of Freeport is the Pioneer Tornado Company, and so far as we are informed the first Tornado policy ever written in Kansas was issued by us in this company.
The right to do tornado business was secured by the company's charter in the year 1865. The German has therefore had more experience in this class of business than all other companies combined.
The company having the age, capital and practical business experience, with the Germans reputation for honesty and prompt settlement of losses, is certainly the company to insure in. Avoid all experimental concerns and insure in the German.
SALINA, KAN., NOV. 8, 1882
My barn with three horses, a small quantity of corn, some hay in stack, and a cultivator, and one set of double and one set of single harness were destroyed by fire on Saturday night, the 4th inst. On Wednesday, the 8th inst. I received from the German Insurance Co. of Freeport, Ill., through Braniff & Cravens, agents at Salina, Kansas, $381.40, the full amount I was insured for, just four days after the fire occurred. They have treated me gentlemanly and liberally, and I can safely recommend them as trustworthy and honorable. A.J. Cole
Salina, Kansas Feb 1, 1882
Curious Methods of the Police to Punish Mischievous Children.
In Philadelphia, within the past few months, the police have had to resort to the practice of searching the pockets of the school children by members of the force, to take away the latest style of bean-shooter, which is powerful enough to kill at short range, because of the danger to human beings and the large amount of glass that was being broken. But destructive as this particular instrument was in that city, New York has the unenviable notoriety of having more plate glass broken, not only in actual amount, but in proportion to quantity used, than any city in the world.
In 1884, the Lloyds' Company alone, of the number engaged in the business of insuring plate glass, paid 761 losses for breakage's in this city.
The great loss in this city, which is twice as much in proportion as in Philadelphia, Boston or Cincinnati, and far greater than any other city, is not the result of carelessness, by any means, but for the greater part results from pure maliciousness and hoodlumism, the breakage from thrown stones and other missiles accounting for more than half the damage, or in other words, exceeds the total results of carelessness, fire, accidents of all kinds, and that intentionally broken by burglars.
Now, we can see no reason why this state of affairs should continue. For in a city with the amount of police protection paid for that there is in this, it seems as if there should be some power to prevent the greater part of this malicious damage, and we must ask the Police Commissioners, or others in authority, to look after this matter, for though it may be difficult to arrest a person in the act of throwing the missile, there ought to be interest enough felt to detect and punish the culprit, even though this offense seems small in comparison to other crimes, though in the aggregate it entails a vast loss in our mercantile trade, and is one reason among many why it is so extensive to carry on business in this city. There is no doubt that if the police would earnestly take the matter in hand and use a little shrewd detective work that they could arrest and have convicted some of the offenders who are doing this great damage and thereby deter others from wanton destruction or the wreaking of their petty spite on the property of those whom they believe have done them an injury, or who do not consider it to their interest to close their stores at a certain hour fixed upon by others.
In view of the fact that the breakage of plate glass is equal to 12 1/2 per cent in each year, it seems folly to have to impress upon the business man the necessity of insuring such fragile property, but merchants who would not allow a fire policy to lapse for even one day, though the chances for loss are not one-quarter as great, will heedlessly run the risk of breakage from accident and design and take no steps to insure themselves against the losses which are sure to come sooner or later.
Outside of the maliciousness, to which attention has been called, the causes of broken glass are too numerous to mention in detail, for besides the usual and expected causes, such as buglers, runaway horses, slamming doors, settling buildings, carelessness in handling goods and falling articles.
In 1875 the Lloyds Association, of which Mr. James G. Beemer was the promoter and one of the managers, began the business of insuring plate glass in all forms against breakage from causes not covered by the owner's fire policy, at first finding little encouragement and much opposition; but by hard work and extension of capital they made it a permanent success, so that by 1882 they considered it better to form a joint stock corporation, and in August of that year, the Lloyds' Plate Glass Insurance Company was organized with Mr. James G. Beemer as President and Mr. W.T. Woods as Secretary, with a cash capital of $100,000, invested in Government bonds and deposited with the Insurance Department of the state of New York.
It settles all losses promptly, the mere notification that the damage has occurred being the only necessary act to have it repaired.
The company is now on a strong financial footing, its total assets on Jan. 1st being $180,000, while its premium income for 1884 was the largest of any similar corporation in the world (there being several large ones in Great Britain and on the Continent with which to compare) and amounting to $133,000, and its addition to assets amounting to $27,000.
The rates charged by this company are fair and liberal, though of course greater than what is charged for a fire policy, for the reason shown in the former part of this article, that the percentage of loss is far in excess of the average loss by fire.
Perhaps the extent of its business can best be shown by a few statistics and illustrations. There are necessary to conduct the business three trucks and eight men to replace the broken glass, its annual loss being about seventeen hundred in number, at a cash cost of $52,000, representing glass enough for two hundred and forty store fronts or over a mile of street if every front was plate glass, and all these losses have been promptly and satisfactorily made good, which we consider an excellent reason for the continued success of this company and is no doubt the fundamental cause of their prosperity.
FIRE, LIGHTING AND TORNADO
We publish in this issue of the RECORD, voluntary statements in the nature of receipts of parties to whom we have paid, partial an total losses by Fire, Lightning and Tornado. The parties are all well-known residents of Saline county.
This is a fair illustration of our manner of settling honest claims, and those who have any hesitancy about insuring may set their fears on that score at rest, so far as concerns any of our compnies.
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© 2007: Transcribed by L. Smalley.