The times. [volume] (Richmond, Va.) 1890-1903, 1895-08-01
OUR UN DER W RITERS.
THEY SHfkE TUE sOTTHEs>TERN
TfRfTF .f>SOCIfTION.
A Meeting Called To Form "a Local Board
10 Control ihc infurancc Business 81
Richmond Harmony Expected.

Ever since the southern Tariff Associa-
tion took Virginia IN It's folds there has
been trouble and turmoil among nc
Richmond ire insurance agents. but by
n recent action this long-controiiing
power mas retired from the held-with
It's wings clipped. IL all reports are 10 be
believed land the mantle OF harmony
seems about 20 surround all classes OF
underwriters IN this lily.
In q wora. the same status that ~
iSicI IN connection Wsth the cohtioi -
Richmond business by local board "i
underwritcrs. making tirir own fuies
ana rates OF Insurance. Is iN'y 20 pre-
vail again.
several years ago. the southeastern
Tariff Association. composed Of me OIL
noes @. me various nrc insurance 'on-
pauics doing business in the Sou'n' I'm
Nifg.uia iutO thut organization 'hn
through the agents OF the state al !aise,
held meeting here ana protested against
tnelr action. Nhcf "a came 10 question
OF gong into the organization or losing
their companies. they nearly All huc-
cumbcd.
cur TIM AGEN1s.
The first act of the association was
TO cut down the commissions OF Inc
agents - per cent, ana they nave .cH ,,,
fct entirety cordial To the association
Tor that reason.
The ASSOCIATION quickly formed It's own
tariff OF rates. and TO these all agents
VIII companies belonging 10 the Hsso-
Ciatirf~ had 10 adhere.
ire long companies not members vi
the association commenced 10 occupy
the field in Richmond. ana these begun
~ Slightly reduced rates and inethoAs
OF mutual character, 10 take more
or less business from ihe other 'om-
panics This evil. rs the association
agents termed II. grew. ana Sun latter
riums fell into the laps of the aon-"sso-
citation agents
The executive committee OF the asso-
citation met here a rev months ago. with
q view OF either harmouizing uinerences
or fighting the nOn-bOarl companies, but
nothing resulted from the meeting. and
the cut-rates sun prevailed.
The COMMITTEE or SEWN.
At the annual meeting of the South
eastern Tariff AssOciat on recently in
NdshinciCp they appointed a committee
OF seven 20 deal with the stuat on la
Richmond. without regard TO the exist ng
rules cf the association. as their igdg-
mtnt IN Eht suggest. aud without hay
ing 10 refer Their action TO the asso-
citation.
This committee of seven. Of which
Major Norman Randolph. WHO is also
vice president Of the Southwestern Tariff
Association. IS chairman, met Tuesday
AMI abandoned all tarn rates heretofore
existing. leaving every agent free TO act
for himself, and 10 adopt any rate IN lhc
search for business that he might de-
siIc
IL is understood that can was made
upon all agents representing association
companies TO meet i'm conference with
view of organizing Tor She purpose of
competing only with nOn-bOard companies
ana not against each other.
But without taking action In that re-
gard IL WIS determined 10 invite all the
insurance agents in Richmond to meet
at the Virginia state Insurance Com
pdny's Office at 1920 o'clock this morning.
with a view OF forming a local board of
underwriters for the city of Richmond
witt it's own rules and tariff rates and 10
work independently of the Southeastern
Tariff Association
oS III OLD FOOTING.
This viii place the insurance bureau
on prcc scly the same footing that "
occt pied before the Southeastern Tarir
Association appeared upon the scene OF
srtiOn. and !; Is easy TO see that This
means a defeat for that organic alton.
IT is understood that al the nom
board agents who have been heard from.
VIII participate in the meeting this morn
ing. and complete harmony between the
insurance men of Richmond rs expected
fOi the n.Gt time IN several years.
II Is said that IN the meeting If the
committee OF seven three stood for and
three against the measure adopted. and
that Major Randolph cast the deciding
vote.
Several agents last evening expressed
satisfaction at the present situation of
affairs