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I. O. B. A. Loses License in Pennsylvania State

December 6, 1926
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(Jewish Daily Bulletin)

The United States Grand Lodge of the Independent Order B’rith Abraham, is among the thirteen fraternal insurance organizations whose Pennsylvania licenses were revoked, it was announced by Einar Barfod, State Insurance Commissioner.

High expenditures for salaries, high percentage of lapses, excessive cost of management and failure to attend hearings on citations were among the reasons assigned for the various revocations.

Under the revocations the organizations are barred from writing new business within the State, but must carry out contracts now in force, the Commissioner explained.

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