Armstrong Investigation

An investigation into abuse and fraud that occurred in the New York State insurance industry in the early 20th century. The investigation was undertaken in 1905 and led to stricter regulation of the industry; for example, after the Armstrong investigation, insurance companies were required to put their policies' benefits in language a potential policyholder could understand.

References in periodicals archive

However, events such as the 1905 Armstrong Investigation and the Great Chicago Fire of 1871, "which left people unwilling to invest in insurance companies--which they saw as risky businesses," eventually changed that, said Joseph M.

Mutual appreciation: the mutual insurance company model has stood the test of time for more than four centuries

(1) For a discussion of the Armstrong investigation, see Mark J.

Introduction

The threats based on the Armstrong investigation came recently, and Tygart said: "That resulted in three death threats, all made by individuals, I think.

USADA chief Tygart reveals receiving death threats during Armstrong doping inquiry

The consumer dissatisfaction they generated contributed to the 1905 Armstrong investigation, which led to stricter supervision of the insurance industry by New York and other state insurance departments.

Don't Forfeit Nonforfeiture

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