Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-03-15
THE INSURANCE WAR
MORE THAN LOCAL INTEREST IN
THE TROUBLE EXISTING HERE.
Executive Committee of the Tariff
Association Looking Into the Mat
what the situation Is.

The f,re-Insurance flght here Is attract
ing more than local interest. Though not
n great deal has been printed about It.
the insurance companies whose interests
are involved are giving the subject care
ful attention, and efforts are being made
,r at least one direction TO prevent a
further divergence.
The Executive Committee OF the South
ern Tariff Association. with headquarters
IN Atlanta. Ca. will hold meeting In the
Office of the Virginia State Insurance
Company this morning at 10 o'clock to
consider the trouble between the local
Board OF Underwriters and the non-board
companies, and see what II anythins,
shall be done The gentlemen composing
this body met yesterday morning but
decided to spend the day talking with the
local agents and acauainting themselves
more thoroughly with the situation and
with all of the details instead OF going
directly into formal discussion of the
trouble.
The Executive Committee embraces Mr.
Thomas Eggleston, president Of the
Southeastern ATariN Association; II. II.
Rees. $. I. Topper. John c. Whitner.
W. T.. Chaplin. w. l.. Reynolds, all OF
Atlanta, and l.. Il. Warren. Esq. OF this
city. Mr.. George w Dewey. the we'll
known New York insurance man. Is also
here in connection with the meeting.
Most OF these gentlemen are registered at
the Exchange. but spent very little time
there yesterday. They called upon all OF
the agents who are still in the Board OF
Underwriters. and went over the trouble
in oil - nh haN
meet this morning they will be fully
equipped with information and data upon
which to proceed.
There has really been no change in the
status of affairs here since the Dispatch's
publication some two weeks ago. The
tariff association in January or F'ebru-
airy, I'm response to a letter from the Rich
mond board, authorized their agents here
I'm taking up policies OF non-board COM
panies to meet the rates given In the
policies thus substituted. The local board.
after making frutless efforts to get these
agents who had withdrawn 10 come back
into the organization, decided TO waive all
rates and rules In competition with nom
cooperative companies. The tarf as
sociation dIsapproved this action. and
nearly all OF the companies declined to
ratify the course proposed by the Rich
mond agents.
very little. If any. cutting OF rates. Nor
has there been any considerable difference
IN the business Of either the board or
non-board agencies.
Both the members OF the Executive
Committee and the local agents were
rather reticent last night when approach
ed I'm connection with this subject None
were willing 10 say what course would
likely be decided upon to-day one OF
the tarifr-men did say. however, that
there would be no compromise made.
The non-board people said they were
satisfied with the condition of affairs;
that they were not changing their rates.
and that they had not been approached
with reference 10 meeting TO be held.
The tar.ff-assoclation man alluded 10 said
that the average rate Of hre-insurance in
Richmond Is smaller now than II was
previous 10 the formation OF that or
ganiZation: that 1t had been their policy
TO equalize charges as far as possible.
and to give the most absolute insurance
as cheaply as they could.