Proceedings of the National Convention of Insurance Commissioners, volume 33
Proceedings of the National Convention of Insurance Commissioners, volume 33
National Convention of Insurance Commissioners (U.S.)
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And none have been more eager to purge the body of superintendents of what tended to lower its standard than the superintendents themselves, and, so far as I know, there is no rotten spot among them today. It may be worth while for the superintendents, as a clan, as a means of preserving the purity of their body, to procure amend- ments to the laws providing for an appeal to the Supreme Court of the various States, from decisions of superintendents affecting the vital interests of companies and... policy-holders, and in cases where gross wrong is threatened. I do not advocate this, and I throw it out merely as a fair matter for investigation. I believe that wrongs have been done by the arbitrary decisions of super- intendents who are not in ofllce today. On the other hand, I believe that the almost absolute powers conferred on superin- tendents by the prevailing laws have engendered a spirit of con- servatism, resulting in the judicial temper which has in general characterized the administration of the State officials.
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