FIRE INSURANCE.
A COMBINE BREAKS UP. A WAR OF RATES. I’KUSS ASSOCIATION —COPYHIGUT Rcocivod 12.10 n.m ( , Nov. 30 Petih, Nov. 29.
Tbo Ore inaornneo combiuo which ex i ised for a number of yearn has broken up
At >» uioeUng os thirty-two companies oui of thirty-five belonging to the Underw.hors’ Asscshiiou, they carried a motion
that ow’og So bmaeboa of tae agrocment of associu'-ion by the Royal Company, and <iff tffjvtn vo biiig ibi-A company into line having i: dad, tin agreement of the aaaociation ho suspended, Tho manager of tho Royal accuses the remaning members of the associa'iun of having been guilty of the very practices they condemn in tbo Royal. Ho says that his company always observed the tariff right up to the time of the rupture. It was the other companies that wero goiog behind tho tariff. Tho result is to be a fierce war of rates,
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Bibliographic details
Gisborne Times, Volume XXIV, Issue 1946, 30 November 1906, Page 2
Word Count
149FIRE INSURANCE. Gisborne Times, Volume XXIV, Issue 1946, 30 November 1906, Page 2
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