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COUNCIL'S INSURANCE COVER

Mr. T. Brindle, Labour candidate for the City Council, said tlmt reducing wages and increasing. unemployment wore poor methods of economy. There were real avenues for effecting economies, and city insurances;provided one that, would save thousands of pounds to the citizens without inflicting bardship upon the workers or:impairing > the efficiency of necessary Icity services. The policy of the City Council had been to place its fire insurance risks with private insurance companies, when by carrying its own risks itv could have saved, 'during the last" twelve years, something like £70,000. During this time the council had carried its own accident risks, which are alleged to be the least profitable among insurance concerns, and to-day could show a substantial surplus. That, lie said, was a real economy, and should be extended to other branehestof insurance as early as possible. i

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19310430.2.87.8

Bibliographic details

Evening Post, Volume CXI, Issue 100, 30 April 1931, Page 13

Word Count
142

COUNCIL'S INSURANCE COVER Evening Post, Volume CXI, Issue 100, 30 April 1931, Page 13

COUNCIL'S INSURANCE COVER Evening Post, Volume CXI, Issue 100, 30 April 1931, Page 13

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