Insurance Bates in Wellington.
[Per Press Association!. Wellington, April 24. There is a revolt against the Insurance Companies in Wellington, which found vent in a public meeting tonnight, at which tho grievances ot insurers was ventilated. The meeting was convened principally at the instance of Mr H. Wright, who has been active in bis efforts to bring about united action, and there was a large attendance. It was decided to form a Fire Insurance Protection Society having for its objects the reduction of fire insurance rates, the abolition of oppressive and unjust claims in insurance policies, prompt settlement of claims, and gener* all/ to guard the interests of insurers in their relations with underwriters, and the provision of a recognised body whioh shall be authorised to deal with insurance companies. A committee of nine was foriDid to tfraw up rules. It waa stated by one speaker that the average premiums paid in Wellington amounted to .£BO,OOO per annum while fire losses only averaged £7000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/FS18950425.2.35
Bibliographic details
Feilding Star, Volume XVI, Issue 250, 25 April 1895, Page 2
Word Count
164Insurance Bates in Wellington. Feilding Star, Volume XVI, Issue 250, 25 April 1895, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in