The times. [volume] (Richmond, Va.) 1890-1903, 1892-06-22

Some ofthe Virginia Companies Don't Want
the Association.

Tho meeting of the local fire insurance
agents Of Virginia 40 the Exchange Hotel at
O'Clock this afternoon will be very interest
ing. They meet TO consider the question OF
Delng made subservient 10 the Soutneastern
Tariff Association. The purpose OF THIS Asso-
citation IS 20 regulate the fire insurance ousl-
ness aud the rates on certain classes OK risKs
IN the States over which il has jurisdiction.
The Association had its beginning IN Georgia
eleven years ago. and has taken IN one alter
another all the Southern States except IT.
gina. At the last meeting OF the Associs-
tion IN Washington city in March the CUES,
ZION Of taking Virginia In was discussed. anu
IL was decided that If 80 per cent OF the com,
panies doing business IN the state requested
that Virginia DO included they would put her
on the roll.
In May meeting of tho executive commit
Tee Of the Association was held IN Atlanta,
and they declared that the 80 per cent; OF
the companies doing business IN virginia hau
made the request referred 10.
IL Is contended by the agents OF Virginia
that 20 per cent. of the companies have not
taken this action. and meetings have been
held by the local boards Of fire underwriters
in the centre of the State protesting against
virginia being taken into tue Association,
ana at each resolutions were passed asking
That let be furnished by the Association OK
those companies making the said request, and
up u the present time no reply has been re-
ceived
There are fftytwo companies doing bust
ness in Virginia and nearly 20 per cent OF this
number. IL is asserted. have not made the re-
quest as stipulated at the Washington meet
m. The companies not making the request
are. The Agricultural. Watertovn. n. T.;
Alexandria. Alexandria. Va; The CONT
mental. New York; Georgia Home, Columbus,
ga; Mount Vernon. Alexandria. Va; Moro
took. Danville, Va: National, Baltimore. Md;
Petersburg Savings and Insurance Company;
Portsmouth, Portsmouth. Va; Nytheyllle,
Wytheyllle. Va.
Thus it is shown that eleven out Of fifty
two must be eliminated from the calculation
OF the executive committee.
There is decided opposition TO the move by
all the agents in the State, and the Virginia
companies. as well az others, will be solicited
not 10 Join the combine.
The COMPANIES who have requested that
Virginia shall be taken into the Association
have sent their agents. as preliminary TO the
movement. pledge that they Will not accept
business for any company at rate, or Tor a
commission different from that prescribed
by the Association.
The business in Virginia has heretofore
been regulated by State insurance exchange
They, however, did not assume 70 estaDlish d
uniform rate of commission as the Southeast
ern Tariff Association does. it Is also re-
ported that the daily reports of each agent 3
business may be subject TO the supervision OF
compact manager and required 10 bear has
stamp before being received at the home
office. These conditions are very offensive
and the pledges SO far have been ignored.
The fight is one, however in which the agents
are at a disadvantage, and if the companies
now out should come into the general request
the conclusion can be readily foreseen.