STATE FIRE INSURANCE.
PHESS ASSOCIATION. DUNEDIN, May 31. Speaking at Lawrence with respect to State fire insurance, the Premier said that when the scheme was introduced some of the commercial men in the large centres were friends of the companies, but they were not friends of the companies to-day. Why ? The companies had decided that they would not take a risk whore the Government had a risk, and as a result of this boycott the premiums on warehouses had been raised by over 10 per cent. Ho would not bo surprised to find that these merchants and large warehousemen were now strongly in favour of Stato fire insurance, and of extending the principle much further than the Government had gone.
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Bibliographic details
New Zealand Times, Volume XXVII, Issue 5603, 1 June 1905, Page 5
Word Count
120STATE FIRE INSURANCE. New Zealand Times, Volume XXVII, Issue 5603, 1 June 1905, Page 5
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