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A HINT TO INSURANCE COMPANIES

A REMARKABLE RIDER. WAIPAWA, May 23. An inquiry yesterday into the fire which destroyed the Waipawa Hotel was remarkable for the rider added by the jury to their verdict, as follows :—"There is no evidence before the jury how the fire originated. The jury are of opinion that the proper time to raise the question of value is when the proposal is made, but that when the company accepts a proposal and takes the premium it should in all fairness, when a fire occurs, pay up, and not raise a question over the insurance." The jury was composed of some leading business men, They resented being forced to sit all day not to find out how the fire originated, but to discover the value of premises burnt. The company interested was the North British and Mercantile.

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https://paperspast.natlib.govt.nz/newspapers/ESD18890523.2.16

Bibliographic details

A HINT TO INSURANCE COMPANIES, Issue 7914, 23 May 1889

Word Count
141

A HINT TO INSURANCE COMPANIES Issue 7914, 23 May 1889

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