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Life and property/casualty divide.


In November of 1906, the Best's Review changed. Instead of one publication containing life and property/casualty news, two publications were created--one for each line of business. In the first life insurance publication, Mutual Life of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and New York Life officer elections were discussed in great length. The story of the candidates and elections plays out like a soap opera soap opera

Broadcast serial drama, characterized by a permanent cast of actors, a continuing story, tangled interpersonal situations, and a melodramatic or sentimental style.
 while Best's Review focused on the interests of policyholders and not politics. The property/casualty issue of Best's Review focused once more on the Great San Francisco Earthquake San Francisco earthquake

disaster claiming many lives and most of city (1906). [Am. Hist.: Jameson, 443–444]

See : Disaster
 and Fire. With particular attention on the fires, it was noted that letters were addressed to insurance companies asking what had been done to protect policyholders, and the majority replied, "Nothing." Best's Review responded, "As it turns out, no harm was done by the departments giving this leeway lee·way  
n.
1. The drift of a ship or an aircraft to leeward of the course being steered.

2. A margin of freedom or variation, as of activity, time, or expenditure; latitude. See Synonyms at room.
 to hard hit companies, but if there had been another big fire there would be a different story to tell."
COPYRIGHT 2006 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:100 YEARS AGO in Best's Review
Publication:Best's Review
Article Type:Brief article
Date:Nov 1, 2006
Words:158
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