STATE FIRE INSURANCE.
CAUSTIC COAIAIENTS. Press Association. AIASTERTON, Fob. 3. The Wairarapa “Ago” is informed on good •authority that the fire insurance companies have practically decided to increase the rates of insurance in connection with all classes of risks, and that there is good reason to believe that the StaL Fire Insurance Department is prepared to raise its rates, in accord ance with the increases proposed by the private companies, and generally to act in conformity with itbusiness rivals. The “Age” remarks: —“It seems a little paradox ical that- the Government should legislate against combines and trust: ■and so forth, while a State -department- enters into a combination which has as its object -the increasing and maintaining of standard prices, but- we suppose tliat- even in the case of a State department, it i ' more expedient to behave in a businesslike way than to run the risk cf demonstrating that- private enterprise can often achieve as good, if not better, results than all t-lie machinery, rank, pomp, and splendor of a State department.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19080204.2.20
Bibliographic details
Gisborne Times, Volume XXVI, Issue 2106, 4 February 1908, Page 2
Word Count
173STATE FIRE INSURANCE. Gisborne Times, Volume XXVI, Issue 2106, 4 February 1908, Page 2
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in