Excessive costs of insurance operation.
Sec.1.

#Chance, unavoidable and average.# Every action and every movement in life has in it some element of chance.

There are what may be called natural chances, arising from the uncertainties of the seasons, or from rainfall, heat, hail, storm, flood, lightning, or land-slides.

Such chances must be taken both by the small enterpriser and by the large.

In earlier conditions of society natural chance dominated industry, and it still remains and must always remain important.