F. A. ROTHIER, President ADAM BENUS, Secretary RUDOLPH HEINTZ, Ass't Sec'y The Cincinnati Underwriters COMPOSED OF THE Eureka Fire and Marine and Security Fire Companies of Cincinnati THE FRANKFORT GENERAL INSURANCE COMPANY OF FRANKFORT-ON-THE-MAIN, GERMANY Established 1865 United States Department, 123-33 William Street, New York, N. Y. TRUSTEES: RICHARD DELAFIELD, President of National Park Bank C. H. FRANKLIN, U. S. Mgr. and Attorney JNO. M. SMITH, Sec. U. S. Branch UNITED STATES BRANCH Summary of Statement December 31, 19.1 $3,000,000.00 750,000.00 3,082,562.58 10,748,950.03 Surplus to Policyholders Total Available Resources 470,296.41 Liability, Compensation, Accident, Health and Burglary Insurance FORTY-SEVEN successful years have made the FRANKFORT SYNOPSIS OF THE STATUTORY REQUIREMENTS OF THE In the following pages will be found concise statements of the statutory requirements for the admission of life insurance companies to do business in the respective States. In this brief form, the synopses are intended more as a hint than an actual guide, for it is not anticipated that any company in entering a State would be satisfied with anything less than the statutes themselves as their reliance as to conditions. Our summary, however, may be accepted as correct as far as it goes. It has been our aim in preparing these synopses of the statutes to secure uniformity for all the States and to give the essential requirements in as brief a space as possible consistent with the statement of the facts. The synopsis for each State was sent to the supervising officer of such State and returned to us with his approval to date, or with such corrections as he deemed essential. We believe that the information given in this condensed form is as correct as it is possible to make it and will be sufficient to indicate to all interested the statutory requirements of the several States and Territories. ALABAMA. SUPERVISING OFFICER, CYRUS W. BROWN, SECRETARY OF STATE AND EX-OFFICIO INSURANCE COMMISSIONER, MONTGOMERY. ADVERTISEMENTS, REGULATIONS GOVERNING.-No provision. AGENT DEFINED.-Held to be agent of company, not of the insured. AGENT'S LICENSE.-Each agent, $3.50; general or special agent, no provision; date f expiration, December 31. ANNUAL STATEMENT.-Final date for filing March 1, time extended on satisfactory reasons to Insurance Commissioner. ANTI-DISCRIMINATION LAW.-No company or agent shall pay or allow, or offer to pay or allow, any rebate of premium; nor shall any particular policyholder of the same class be allowed any advantage in dividends or other benefits to accrue thereon, or any valuable consideration or inducement whatever, not specified in the policy contract. ATTORNEY FOR SERVICE.-Insurance Commissioner. BOARD AND SPECIAL CONTRACTS, SALE OF STOCK WITH INSURANCE.-Prohibited. COMPANY LICENSE.-Expires December 31. Annual license fee to be paid to Insurance Commissioner on or before March 1. |