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THE INSURANCE WAR.

Wii km II ugh Craig. of tho No »• /••nltiud Insurant!!* Company, thi-outom-d tu disrupt th» California lnauruncti Union nud cut rates if hit *« nut permitted tii have his own way about thooetit>lii<hniont nf oiiUi«ln ngeticies it was report od that tho union would (tend ag«nts> t<> Now Zouhind tu iimk'i representations to Ihv lHn otirr.sof Mr. Cmig'si-mnpaiiy in tho hope of iutlm iii£ tli hi to order Ornig l<> Ktiui.l l.y the ii>-ion Though the delilierHtiim* of tho ('alifurai.i Inauraooe Union aro held with dosed dimra nml tho <l..s.*t eeerei-y is eujuiuod ujxm all tho members, it leaked out > eaterdny that the s|HHtial euoimiaKiun would consist of Alfred Stdlwoll and L. L. Itauuwi 17, two of the most active momtmrs of the unioa and recognised lenders in ita affairs. Three nentU'iiien will not go to N»w Zealand as eupplutn a, but, in the opinion of the union, are fortified so strongly that the other aide wilt be only too glad to accept the terma they propose. The details are not yet completed, but iu effect they ore prepared to carry on an aggressive war in Ihn Colonies if Mr Craig makes any wove to carry out his threat of going outside tho union rules in California. Thi«y have an agreement by which four Oalifornia tmmmlm, TO, the Anglo-Nevada,. Fireman's Fund, California, aud Unioa agree to write joint policies in tho Colonies. If Mr. Craig'sonnipany will force him to keep in the California Union, they agreo to abide by the rulea of tkm Ooleaial compact, but if not they wflt go into the Australian field, eal lejjaay ■ad take policies on any tense there they please. It ia also stated that ia all probability tho Bonth British ead other foreign com. tfzjnx Jss* jsstjz with them. Urn nmikin of fja California , fats' attNv

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/STSSA18890810.2.10

Bibliographic details
Ngā taipitopito pukapuka

Samoa Times and South Sea Advertiser, Volume I, Issue 42, 10 August 1889, Page 3

Word count
Tapeke kupu
305

THE INSURANCE WAR. Samoa Times and South Sea Advertiser, Volume I, Issue 42, 10 August 1889, Page 3

THE INSURANCE WAR. Samoa Times and South Sea Advertiser, Volume I, Issue 42, 10 August 1889, Page 3

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