Life Insurance Investigation

An article from CQ Almanac 1949

The Senate Judiciary Committee May 2, reported S Con Res 11 by its Chairman Pat McCarran (D Nev.). The resolution would allocate $100 000 for an investigation of the life insurance industry by a joint Senate-House group composed of members of the Judiciary Committees. The subcommittee which had considered and approved the measure consisted of Warren G. Magnuson (D Wash.), chairman, Harley M. Kilgore (D W.Va.), Herbert R. O'Conor (D Md.), William Langer (R N.D.), and Homer Ferguson (R Mich.).

The measure next came to the Rules Committee, where a three-man subcommittee composed of Theodore Francis Green (D R.I.), Guy Gillette (D Iowa), and Kenneth S. Wherry (R Neb.) July 6 reported to its parent body without recommendation, but with a request for further information. August 10, the full Committee defeated a motion favorably to report the resolution.

A companion measure in the House, H Con Res 20 by Chairman Emanuel Celler (D N.Y.) of the Judiciary Committee met a similar fate: It never received Rules Committee approval.

Document Citation
"Life Insurance Investigation." In CQ Almanac 1949, 5th ed., 09-740. Washington, DC: Congressional Quarterly, 1950. http://library.cqpress.com/cqalmanac/cqal49-1401450

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