Report to Governor Edward F Dunne On Investigation of Fire Insurance Conditions
Report to Governor Edward F Dunne On Investigation of Fire Insurance Conditions
Illinois Insurance Dept
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This was long before commercial conditions were disturbed by the war, and the companies had ample time to dispose of the entire matter weeks before the outbreak of hostilities. No answer was filed but, on July 2nth, I gave written notice to the companies to file their long overdue answer by August 10th ; on this date the companies . Sent a representative to you and pleaded for another extension, and they were granted this to August 20th. Plowever, no answer was then filed or ever filed by the c...ompanios, nor did they assign any reason for their failure to do so. Because of this failure, I filed an anti-monopoly suit on August 27, 1914, against the "Com- bine" companies in accordance with my report of May 6, 1914, (p. 5), in which I said that, unless the organizations and methods of the companies were reformed "in such a manner as not to be in violation of our laws, proceedings should at once be brought against them. " The companies' claim is false that this 30 anti-monopoly suit is an unfair prosecution, coming without, warning when business conditions were disturbed by the war.
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