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August 2008
   VOICES FROM THE FIELD
Leading Figures—Ransom, Carpenter, Blodgett and Plummer Colonel Chauncey Munroe Ransom, an insurance journalist and publisher, perhaps more than anyone else, deserves credit for bringing these men together. At the time he was editor of the Standard, a Boston insurance journal. Having initiated the formation of the Boston Life Underwriters Association and encouraged similar foundations in other parts of the country, Ransom had a well-deserved reputation as a prime mover in the association movement. Undoubtedly, it was he who urged the executive committee of the Boston association to invite members of the Philadelphia and New York associations to consider the feasibility of uniting the regional life underwriters' associations into a national body. Representatives of the three organizations met at the Parker House on April 8, 1890. Besides Ransom and Carpenter, the Bostonians present were David Holway, William H. Dyer, Charles W. Holden, D.W. Kilburn and Darwin Bernard. George F. Hadley, Gilford Morse and Tilden Blodgett represented New York; Everett Plummer and F.A. Howard formed the Philadelphia contingent. If any merit the title "founders of the NALU," it is these twelve gentlemen. As Blodgett explained at the opening session of the convention, "After a thorough and earnest discussion of the merit of forming a national association, it was unanimously decided that the time was ripe... and a committee was appointed to call such an association of delegates from the different representative bodies throughout the United States to meet here in Boston." Blodgett, Ransom, Holway and Plummer formed the committee to organize the first meeting. Plummer served as secretary for the committee. Fourteen associations responded to their invitation.* Foreword by Alan Press, 1988-1989 NALU President Preface by Jack E. Bobo, 1989 NALU Executive Vice President Chapter 1 Laying the Foundation—A Meeting at the Parker House Leading Figures—Ransom, Carpenter, Blodgett and Plummer Conditions Leading to the Foundation of the NALU Rise of Modern Life Insurance and the General Agency System Issues and Accomplishments of the First 15 Years Chapter 2 In the Wake of the Armstrong Investigation A Royal Commission Investigates Life Insurance Operations in Canada A Period of Growth and Visibility for the NALU Under Strong Leadership The NALU Plays a Leading Role in Insurance Education Chapter 3 The NALU's Extension of Activity The Agents Move for Recognition Chapter 4 Annual Conventions and Midyear Meetings The NALU Celebrates Its 50th Anniversary Chapter 5 The NALU Joins the Industry in Legislative Battles The NALU Establishes the National Quality Award Chapter 6 Controversies and Schisms (1946-1956) Chapter 7 Dispute Over Minimum Deposit Insurance Plans GAMC Stages First LAMP Meeting The NALU Celebrates Its Diamond Jubilee Year The NALU Increases Political Activity U.S. Senate Antitrust and Monopoly Subcommittee Investigate Life Insurance The NALU Responds to Consumerist Activism Chapter 8 The NALU Reaches the Century Mark FTC Releases a Study Critical of the Insurance Industry Formation of the Women Life Underwriters Conference The NALU Issues Statements on AIDS The NALU Combats a New Wave of Attacks The NALU Celebrates a Century of Service * Besides Boston, New York City and Philadelphia, the other places represented were: Baltimore, Chicago, Cleveland, Nebraska, Western New York (Buffalo and Rochester), Maine, Michigan, New Hampshire, Pittsburgh, Providence and Vermont. © Advisor Today 2008. All rights reserved.
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