Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1899-11-25
FARM RISKS.
Mutual Insurance Companies
Take Them at a Profit.
Some Companies Have Issued Orders
Against Taking Them.
The Buildings Burned in Maine Have Seen Of
the Better Glass.

/ quite a niue mas bttn S,ilt 81 itte re-
garding the risk that is taken when a
fire insurance company inSures 4 farm
building and il has been stated that
certain companies have ordered their
agents 10 desist ana after January / Of
the new year. to take no further farm
risks.
The journal has seen several of the
local fire Insurance agents about tn
matter ana has also consulted the rec !
ord of the Insurance commissioner ana
from all that has been learned it shows
up the farmers position in a much diff
feront light than that given in some of
the papers. Again it shows that the
companies that are 10 stop making the
! insurance on farm property. believe in
what they are doing and are stopping
| because they believe they cannot do it.
L was learned that the Etna Fire In
suranca Company had ordered its
agents not to take any more farm risks
as they had been losing money in the
| business and this report as confirmed
| by Mr.. Farr of the firm of MacOmber
/ Farr & Written, the local agents. Mr.
Farr said he did not care to talk Of The
matter though that was the action Of
| the COMPANY.
They believe" said Mr.. Farr. that
they have been losing money On their
/ fI.'n i.S@ruuce and that is the reasol
for tIeir Withdrawal. NOW right in this
| section Of the country ! believe they
! have lost money. The losses from the
! burning of ore or two sets of buildings
soon takes the profit from the prem
INNS Of other policies ard these are Of
more frequent occurrence than they
I like
'As an actual fact the fire insurance
companies now doing business in Mainr
show that they lose more money from
| losses by fire than in any other STATE
IN account If the large number M
fires. This may be from lack of Gre
protection or from primitive methods,
/ whatever it is it is as they state a
fact"
Another agent said. Yes. UNDER
stand that instructions have been sent
out from some Of the companies not Ia
take any more farm risks. Perhaps
though it would be better 20 state that
| there are understandings between the
companies and their agents that no
more farm risks are to ~ taken. There
are many reasons assigned far this In
the first place many Of the farm build
| inGs are in a primitive state and no
effort has been made tn keep them III
To modern times. There are not 81
many of these cases as many imagine.
p'lt Inc lew give a had reputation I"
t.i' rest mem Too 'n'f" mas h"l "r0h
''Ie i'ioi'e' it''-li'''" Si\F" To tile C'iil-
~,
Till ba,,l.,. i. .,,lt ,h.t t,,'- ..,,,.,;,,lr ii
a.,.;,... III ,.,.;.,. .,.;.
''''' TIT, ''''' = = ~ Y
'"' 'H'H - '''' "'i.' '"uuH.u
/" inc farm ilSAS' i'F every" mere IN the
| Guy among the W"rdth houses VIII p
found TINS same carelesSneSS. TrampS
TIT ~" barns are also another cause fnl
many losses ana against which the
companies dislike greatly t" insure. but
| il Is IN" detective chimney moro than
/ ahE lhiII riS' htli"E" thal Is resppH-
SinLr i"F ih" 'hthI'.
\ fT"4h N'iIi ahnlh'f agent Wa5 Iearhc'
| 'i' ii'" VIA, l"I long iil'lt past IN"
',''A i'i9iiS "Sv'i
| HI III '''''''i VI i''9 MS
-. .....
M
MI 1T H "ul',''liSS "'tiou, HI1
T'H'S 'u' any '''h'"I over tAf pUlId-
ll'eS ana assuring myself that me RISK
.''' ,''' So y i''%'i MI cum II''"
LII ely IN H. =, ''Su,' I" III d
'''''' 49, n 4, .'i'''ii ''',' tn '"i'''
/ .''7' III 'N"H '"' iii + o''' ""s''
'idi'9'' NV "uSl!-'NS' ." >" tlel'
N"uiu cost me- AT ''aSl y ana d!IeF go
ihE might gel as my snare OF me
/ premium y "F -. TIT ''Iile : worth
T, more ihdiI li"t MI III Hldh! CASTS !
I N"uiu H"t insure Nht H1'hS property ~
an Always th'F'uNAlE inspect my
/ property. the chllnheHS' etc.
lheh there must ~ an apphcauoh
ihllfd "ut certifying as I" the mortgages
"h the farm or pulIuIheS' ana the chlin-
heyS eng DINER sources M DANGER ~
c.tSe ma tAal ihc moral as Wen as
IN lutheran SUI cummings are an fls"t
| liieH go ahea"' EAiieile care mas 10
pt "Sed HI lle llI9ui iil'e 81 n So 81
l1ti' puiiul"IS. fai MFRS place hlSh
value uioH theih N"eh l"tl 'oulu Hpt
VI l"i g" sue So a. n'"'i, 400 '"'4i
m.'.r '0i IL a. my ON -! 'i'ci MUS
"."9r III "'u'' y INN III ~ ''iu II