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FARMERS AND BANKERS LIFE INSURANCE COMPANY, Wichita, Kan. Organized 1910; capital, $275,000. H. K. Lindsley, president; E. B. Jewett, secretary.

FACKLER, DAVID PARKS, actuary, was born in Virginia, April 4, 1841, and is a great-grandson of a Revolutionary officer of that surname. He completed his collegiate career in 1859, taking the gold medal for mathematics, and entered the office of the Mutual Life, where he remained until 1865, when he resigned, to become consulting actuary for a number of companies. He suggested the principle on which the contribution dividend plan was based, and aided Mr. Sheppard Homans in its application. He brought about the organization of the Actuarial Society of America in 1889 and was its president from 1891 to 1893. He has since been active in the council of the society and has offered several prizes for excellence of papers presented at its meetings. Mr. Fackler has written much on insurance subjects, and is a frequent contributor to the periodical press. He has done business solely as an independent actuary with separate office and clerks since 1865, and on several critical occasions has been asked to give opinions for publication. Many actuaries and executive officers of companies have graduated from his office. In 1898 he succeeded Mr. Homans as corresponding member of the Institute of Actuaries of London. In 1907 he took into partnership his son, Edward Bathurst Fackler, who had then become a Fellow of the Society.

FAXON, WALTER COLLYER, vice-president of the Aetna Life Insurance Company in its accident and liability department, was born at Hartford, Conn., July 18, 1856. He was educated in the district and public high schools of Hartford, and graduated from the latter in 1874. In that year he began his insurance career in the office of the Travelers Insurance Company, where he remained until 1891, when he accepted a position with the Aetna Life. He was elected assistant secretary in 1895, secretary in 1902, and to his present position in 1905. In 1908 he was elected vice-president and a director of the Aetna Accident and Liability Company. He is a member of the Society of Mayflower Descendants in the state of Connecticut; treasurer of the Sons of the Revolution in the state of Connecticut; also a member of the Order of the Descendants of Colonial Governors; the Society of Colonial Wars in the State of Connecticut; and of the Order of the Founders and Patriots of America.

FEDERAL CASUALTY INSURANCE COMPANY, Detroit, Mich. Organized 1906; capital, $200,000. V. D. Cliff, president: L. E. Daly, secretary. Assets, December 31, 1913, $396,050.64; total liabilities, $41,038.80.

FEDERAL LIFE INSURANCE COMPANY, Chicago, Ill. Organized 1900; capital, $300,000. Isaac Miller Hamilton, president; T. W. Appleby, secretary and actuary; W. E. Brimstin, assistant secretary and assistant actuary. Admitted assets, December 31, 1913, $3,078,791.10; liabilities, $2,740,269.05.

FIBEL, LOUIS H., is a native of New York City and was educated in its public schools and at the College of the City of New York. His early business training was in mercantile and manufacturing lines, and later in banks. Finally, he became interested in insurance on the formation of the Great Eastern Casualty Company in 1892, when he was elected a member of the original board of directors. He became its vice-president in 1894 and its president in 1904 upon the death of Cornelius Van Cott. Mr. Fibel has long been prominent in the councils of the various organizations of the casualty companies. He was for many years on the executive committee of the International Association of Casualty Underwriters and was for several terms its treasurer.

When the Great Eastern entered the industrial field of accident and health insurance, Mr. Fibel was elected a member of the executive committee of the Detroit Conference. Later, he was for several years its chairman, and he is now a life member of the committee, and for three successive terms he was president of the Detroit Conference. He has been prominent on almost every committee representing the casualty companies of the United States in their conferences with insurance departments and legislatures in regard to standard provisions in policies and to legislation in the various states. In 1914 he was elected as delegate from the Detroit Conference to the World's Congress of Insurance to be held at San Francisco in 1915.

FIDELITY AND CASUALTY COMPANY OF NEW YORK, THE. Organized 1876; capital, $1,000,000. Robert J. Hillas, president; Frank E. Law, vice-president; Hedley R. Woodward, vicepresident; Theodore E. Gaty, secretary. Assets, December 31, 1913, $11,063,356.70; liabilities, $8,055,163.65.

FIDELITY AND DEPOSIT COMPANY OF MARYLAND, Baltimore, Md. Organized 1890; capital, $3,000,000. Edwin Warfield, president; Robert S. Hart, secretary. Assets, December 31, 1913, $11,241,268; liabilities, $6,052,488.

FIDELITY MUTUAL LIFE INSURANCE COMPANY, THE, Philadelphia, Pa. Incorporated under laws of Pennsylvania, 1878. Chartered to do a mutual life business. Walter LeMar Talbot, president. Insurance in force, $133,550,385; losses and claims paid, $30,739,644.21; assets, $28,896,392.82; liabilities, $27,956,799.80. Every approved claim was paid by January 1, 1914.

FIELD, EDWARD D., superintendent of agencies of the National Life Insurance Company of Montpelier Vt., was born at Rutland, Vt., January 13, 1879. He was educated in the public schools of Rutland and Phillips Academy, Andover, Mass., and has spent his

entire business life in life insurance. He was connected with the actuarial department of the National Life from 1897 to 1901, later being appointed secretary to the president, a position he held until appointed to his present position in 1911. He is a member of the board of school commissioners of Montpelier.

FIRST NATIONAL LIFE AND ACCIDENT INSURANCE COMPANY, Pierre, S. Dak. Organized 1909; capital, $229,767. Loring E. Gaffy, president; J. R. Morrison, secretary.

FIRST TEXAS STATE INSURANCE COMPANY, Galveston, Tex. Organized 1910; capital, paid in $50,000. I. H. Kempner, president; T. E. Flick, secretary and treasurer.

FISKE, HALEY, vice-president of the Metropolitan Life Insurance Company of New York, was born at New Brunswick, N. J., March 18, 1852. He was prepared at that place for Rutgers College, which he entered in 1867, and from which he was graduated in 1871, at the age of nineteen years. His first vocation after graduation was journalism, which he abandoned for the law. He studied in the office of Arnoux, Ritch & Woodford, with whom he subsequently became a partner. He practiced his profession, appearing in many important cases, until his election in 1891 to the vice-presidency of the Metropolitan Life, of which he had for some time been counsel. Mr. Fiske has devoted himself assiduously to the interests of this great and beneficial institution since he became its second officer. He is a member of the Bar Association, a director of the Metropolitan Bank, the Metropolitan Trust Company, the International Banking Corporation, member of the Metropolitan, Manhattan, Grolier, and Church Clubs of New York and Cavendish Club of London.

FLITCRAFT, ALLEN J., life insurance author and publisher, was born at Woodstown, N. J., May 14, 1854, of Quaker parentage. He was educated at Bacon Academy, the Friends' School at Wood-town, and began teaching school when seventeen years of age. He continued in this vocation until 1878, when he became agent for the Provident Life and Trust Company at the home office in Philadelphia. In 1882 he established the Chicago branch of the company as Illinois general agent. He has published a number of works on life insurance. The Vade Mecum" is issued January I annually; the "Life Insurance Manual" has been issued annually since 1888; the Life Insurance Courant has, since August, 1895, been published on the first Thursday of each month; "Dividends and Net Cost of Insurance " is annually issued on the first day of June.

FLORIDA ASSOCIATION OF LIFE UNDERWRITERS was organized in February 1912. The officers elected were: President, R. Jetter Jones; vice-presidents, B. S. Williams and Frank E. Broadnux; secretary and treasurer, R. A. Ellis. The present officers, elected in February, 1914, are: President, S. F. Wooten; vice-president, J. Will Gardner; second vice-president, F. E. Broadnax; secretary and treasurer, S. L. Lowry, Tampa; executive committee, S. F. Wooten, A. C. Harllee, R. Peter Jones, P. T. Richardson, Walter Platt.

FLORIDA, INSURANCE SUPERVISION IN, 1873-1914. The laws of Florida designate the state treasurer, comptroller, and attorney-general, who are elected by the people, for four years, as the board of insurance commissioners. No extra compensation is allowed, except a fee of $5 to the state treasurer for the license issued to each insurance company authorized to transact business in the

state.

The state treasurers since the passage of the law have been:

John C. Luning is the present state treasurer appointed in 1912.

FLORIDA LIFE INSURANCE COMPANY, Jacksonville, Fla. Organized 1906; capital, $239,900. M. D. Johnson, president; W. P. Douglass, secretary.

FLYNN, BENEDICT DEVINE, assistant secretary of the Travelers Insurance Company, Hartford, was born in Hartford, July 6, 1880, and received his education in the public schools, and at Trinity College. On leaving college he entered the service of The Travelers, and was appointed assistant actuary in 1907, and actuary of the casualty department in 1911. He was elected to his present position in January, 1913. He is a Fellow of the Actuarial Society of America and a member of the Institute of Actuaries of Great Britain.

FLY-WHEEL INSURANCE. This form of insurance is written by only a few companies, and covers all direct loss or damage to prop erty, as well as loss of life or bodily injuries to any person, and may be extended to cover loss of total profits or income due to total or partial destruction of premises or plant, as a result of the explosion, bursting, or breaking of any fly-wheel or other wheel. The following is a statement of the business in 1913:

FOREIGN BUSINESS OF AMERICAN LIFE INSURANCE COMPANIES. The following is a statement of business transacted in foreign countries in 1913 by life insurance companies of the United States reported to the Cyclopedia of Insurance:

FOREIGN INSURANCE COMPANIES - RECEIPTS FROM AND REMITTANCES TO HOME OFFICES IN 1913. [See Receipts from and Remittances to Home Offices of Foreign Insurance Companies.]

FOREST CITY LIFE INSURANCE COMPANY, Rockford Ill. Organized 1911; capital, $100,000. Theo V. Engstrom, president; Geo. W. Brearley, secretary.

FORREST, ALFRED EDGAR, vice-president and secretary of the North American Accident Insurance Company, Chicago, was born in Northumberland county, Can., April 22, 1863, of Scotch and English parentage. He received a common and high school education. His boyhood days were spent on a farm, and at the age of twenty he entered the insurance business. He is the author of the present Casualty Law of Illinois, passed in 1899, organized the North American Accident Insurance Company of Chicago, and is also a member of the executive committees of the International Association of Accident Underwriters and of the Detroit Conference.

FORSYTH, ROBERT B., State Auditor of Wyoming and ex officio insurance commissioner, Cheyenne, Wyoming, is of Scotch descent, and was born at Newburg, Ontario, Can., May 12, 1874. He was educated in the public schools, and acquired a varied business experience as a telegraph operator, bookkeeper, and merchant. He has been treasurer of Town Rock Springs, Wyoming, and mayor and state senator from Sweetwater county, and was elected to his present position in 1911.

FORT DODGE LIFE UNDERWRITERS' ASSOCIATION, Fort Dodge, Ia. The association was organized in 1913 and officers were elected as follows: President, Burton H. Saxton, Connecticut