STATE FIRE INSURANCE
SYDNEY, June 16. The Labour caucus has decided that the programme for the coming session shall include a State fire insurance scheme on all-fours with the New Zealand Act. . June 18. Dr M‘Nab has been interviewed on the subject of State fire insurance in New Zealand (seeing that the New South Wales Government proposes instituting a State system on lines similar to those obtaining in New Zealand). He says that at its inception in New Zealand the scheme met with intense opposition from the insurance companies, who pictured the usual disasters. However, the State system was now fairly established, and he did not think that any Government would abolish it. He considered that in the dominion the scheme had served its main purpose — i.e., to present the public from being exploited by the monopoly that would naturally exist when insurance was in the hands of a few companies. If there was any opposition to the State Office in New Zealand, it certainly was not prominent.
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Bibliographic details
Otago Witness, Issue 3145, 24 June 1914, Page 26
Word Count
168STATE FIRE INSURANCE Otago Witness, Issue 3145, 24 June 1914, Page 26
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