The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-07-12

Having recently reinsured the bust
ness of the Niagara Insurance COM
pany, which retired from operations
on the Pacific coast rather than write
policies at the rates now prevailing
there, the Hamburg-Bremen Insurance
company yesterday awarded its Utah
agency to Heber J. Grant & Co, from
whose office the Niagara was retired
This gives the Hamburg Bremen two
of the heaviest agencies in the terri
tory, the other being Hugh Anderson.
The appointment of Grant & Co. came
entirely unsolicited and was evidently
renewal of the business heretofore
given by the agency TO the Niagara, as
fast as it expires.
The addition of this great company
to its lists is a good card for Grant q
Co. also, for the Hamburg-Bremen of
Germany is one of the strongest for
eigners doing business in the United
States. Its assets are $1,SOO.000. This
company was established in 1854.
Made His Report.
AS was stated would be the case,
Hugh Anderson yesterday morning
made his official report OF the visit of
lllDlSclI anu MI. 10 sodl ran
cisco on business laid out by the exc
cutive committee of the State Board of
Fire Underwriters. The report was
made to the committee at meeting
held in the rooms of the board during
the morning hours. Only the local
members of the committee were pres
ent, 1T being a specially called session.
Mr.. AnderSonS report was much the
same as that given by The Herald
va OF or Tl1x ircr 10 hn off
that all of the compact general man
ayers had signed the authority to the
state board to proceed with the carry
ing out of the plans formulated at the
recent meeting of the territorial agents
held in this city. There were four
managers who did not affiX their sigma
lures to the agreement, but the con-
sent of the formation of state board
was not anticipated from those gentle
men. This agreement will give the
board all of the rights possessed by
the other two state boards already or
ganized. 1t has been opera ting under
the constitution and bylaws since the
first day of July.
Settled the Billings Loss.
In settlement of the fire loss recenSy
sustained by him, George p. Billings,
Of Jensen, near Vernal, will, within
the next day or two. receive a check /
for the sum of So, 600, it having yes
terday been mailed to the gentleman
by Heber J. Grant & Co., who repre- |
sented the losing companies. The fire |
some time ago. but the settle |
ment was not effected until yesterday. /
Among the losers was the Home of |
Utah and the loss was settled speedily |
after the adjustment was made.
Organized the Board.
The insrra moo a capts of tho worth
west have at last organized their state |
board, under the name of the North |
west Insurance association. An Asso- |
ciated Press dispatch received last |
night conveys the following informa-
ton on the subject:
Portland, Ore, July 1.-THE insur-
lnce men of Oregon, Washington and |
Idaho have completed an organization
called the Northwest Insurance asso-
citation. Henry Hewitt was elected !
president; Herbert Folger. secretary.
The management of the union is placed
n the hands of an executive commit
zee of f5 The object of the associa-
ion is to control insurance rates in
he northwest
For the six months ending with
Tune the fire waste and losses the
United States and the Dominion of
Canada was see, 497 800. being $4,SS4, 400
n excess of the figures of the same
'eriod in the previous year, but $40, 49,
700 less than for the same period in
S93 In its issue of July 10th the Jour
lal of Commerce and Commerce Bulle-
in says on the subject of fire losses:
The fire loss Of the United States
md Canada for the month of June, as
stimated from our daily records.
mounts to $9,223,OO0. The following
able gives comparisons by months: