FIRE INSURANCE PREMIUMS.
A deputation from t,he Huwe a Cna,mbir of Commerce, r cons : s'io£ of Mess s 1. Hartley (Ohshman) and B. C. llobbina interviewed the Firi) lusur ones Underwriters' As-soiivion at Mr. Bewley's office on Wednesday with reference to the recent increase in premiums. They poiuted out that there was not the slightest justification for the large addition, amounting to neiriy extra, that had been ms*d<) to the p-emium*, inasmuch as the condition of affdirs at Hawera was now much nfc-e favourable than forme.])' owing to the insti'ution of a mo t su.i cessful and ample water supply, anr | the existence of regulations fo- hick party walls, ytt the ra'es were far it. excess of thosa current at New Plv mouth and Waoginii. The Under writers weie very favourably impressed wi'-h the arguments adJuied and prom'Vd thp deputition thai the matter should be considered at a meeting of lepresentaMv s to be conve'.ed asoro as pitsiblo, wlu'n.it w.js prob»ld< j i leco'Duiorida'.i jn would be p-j, or] 'subsequently confirmed its fav nr nf ■ rrduat.lo!'. T-e re-:omm»hda'.ion would hen besubuHted to headquarters fo decision. The deputition ate much in ■ai-nrx'. in the eilort row being m-de, and ar.) detormiued to fee the matte through. They hava a good ea*e an< ! it is qui'.e certain that tt e sympithus of the puolio' are with them. Should they be unable to get a Fatis?act ry reply their course of action is decided on and will be pursued with vigour.
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Bibliographic details
Taranaki Daily News, Volume XXIII, Issue 115, 31 May 1901, Page 2
Word Count
248FIRE INSURANCE PREMIUMS. Taranaki Daily News, Volume XXIII, Issue 115, 31 May 1901, Page 2
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