STATE INSURANCE OFFICE
FOR NEW SOUTFT WALES (Bv Electric (Aus'trtlia-r & N.Z. Cable Association.) SYDNEY, This Day. The State Government decided to establish n State insurance office, where every class of insurance business will lie transacted. The bill is already drafted. It is almost identical with the Queensland scheme. Private insurance companies regard the proposal with considerable misgiving, as it will compete against them not only on a lower premium basis, but also proposes to make bonus payments to policy holders from excess profits.
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Bibliographic details
Nelson Evening Mail, Volume LXI, 11 June 1926, Page 5
Word Count
83STATE INSURANCE OFFICE Nelson Evening Mail, Volume LXI, 11 June 1926, Page 5
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