New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-14
READY TO INSURE WHEELMEN.
ACCIDENT COMPANIES HERE AGAINST IhE
ACTION OF THE UNDERWRITERS
IN BOSTON.

Representatives OF the large accident insurance
COMPANIES in this city. when seen yesterday ause
AT the action Of the Underwriters VINO met III poS'o
on Wednesday and resolved Thereafter 10 c"a SC
cyclists double rates OF premium wheh taA'ns out
Insurance policies These Underwriters VINO Claimed
to represent the mutual accident insurance COM
NAMES OF the United States. also resolved that
cvcllng was a hazardous occupation II shoua De
remembered that these men represent 'hoSo HE
ance companies known as cooperative VI "''e
ment companies. There were no REPRESENTATIVES, u
the stock companies present at the meeuHs' icopie
who ride bicyc.es need not fear that the rates Vi
lnsurng agains, accidents are to be raised OF 'ha'
they viii have % pay more for such policies merely
because they ride wheel
The full text of the resolution passed at the Bos-
ton meeting is a. follows:
Resolved. That the use OF the bicycle should oe
covered by ad ona c9s e rracnmmended that this
be prpvied for by either OF the following metous,
adSay rsk or the classification as an occupation OF
brvcie riders In a class twice as hazardous as me
cvcje riding he spechca,y reduced; the including OF
bicycling under the policies to Dc covered o'' ny
specific permits at an extra premium
IT y Johnson. superintendent OF the Travellers
Insurance Company when seen at the companys Of
flee. No. 40 Broadway. yesterday. said: our com
many is not alarmed at the number OF bicycle acct
dents They are mostly minor affairs. We nave
no idea of raising rates OF Insurance because OF
them We do no. insure professional bicyc'e riuers
any more than we do professional baipiayers or
tockevs So far az amateur athletics are concerned
we Only discriminate against riding to hounds. we
never ask an applicant for an Insurance pohcy
whether he rides bicycle or engages IN any o'her
sport"
H. Arnold general superintendent OF the Aetna
Life Insurance Company. OF No G. WilIiam-st' said
he had heard nothing about his company ihteh-
ton 10 raise the rates FOR nsuring cyciers, We m
sure men who engage in all kinds OF atheuc spoi.',
he said III they are not prof"sSloht'S ~ WI
even insure professiOna, ba.playerS whth thry hie
ro, actually engaged in playing. 40 not thinK that
~. number OF accidents from cycling ana carrIaR"
riding combined larger than those formerly re
.,ting from carriage riding alone. II people 30 not
ride bicycles they are likely To do something else
equally hazardous "a. , c.,a.,,.
Co,npauv said that his company had not ra.s,i IN
rates ~ Insurance for cyclers. IL X w oodWhrH'
,cnlent Of the accident department. IN speak
~, ~ III matter. said: "Dur company issued Il
enecia, motley for bicycle riders las year. II not
only irsro them against injuries. but also against
c'nirns FOR DAMAGES should they accidentally inJure
others We are the only company Issuing such a
Charles r. Eaton. superntendent OF the National
Accident Society. Of no $50 Broadway. co-opora-
H. organization said that hal he been present AZ
Tho meeting in Boston he would have voted against
the raising Of insurance rates FOR cyc.er'