The times. [volume] (Richmond, Va.) 1890-1903, 1901-01-01

HAVE HAD A GREAT MANY FIRES
surance, But All Other Lines Have
Prospercd, and All Look for
Better Results i'll 1901,

The insurance business, as a rule has
been good in Richmond during the past
year. The fire Branch has been ham
pered by the unusually large number
of fires. but other classes of TIE business
have gone steadily upward. The following
-ntervieWss with prominent insurance men
viii show good results for the past year
and promising outlook for 1901:
Mr.. James w. Pesram, secretary of the
Lie Insurance Company OF Virginia stat
FL that the past year had been the most
satisfactory one in the history of the
rompany.
Business opened up very good at the
beginning of the year" said MIR. Pesram,
..but gradually diminished until tie time
Of the meeting of the National political
conventions. After the nomination of the
presidential candidates and The opening
o. the campaign new business came near
j., 10 a stanGsiii, which condition until
after the election. Since the election the
increase in new business has been larger
tan during any similar period since the
panic of 1899. showing that the people feel
confident of q continuance OF prosperous
str,es.
The company's gross income VII show
an increase of over 100000 over the prev
dous year This increase comes largely
from business put on during 1872 The
amount OF insurance il force will be in
creased about Sl,5oocoo-
We look forward 10 1901 with great con-
:laeuce. Our agency force was never so
thoroughly organized. and we expect TO
do a larger and more profitable business
than ever before.
aIIGI4l.Y SATISFACTORY.
Messrs. W. Il. Freeman & Son. general
agents of New York Life, said:
'.Our business in Virginia has been high
~ satisfactory during the year just clos
Rei- being larger than any previous year
This is largely due 10 the general pros
pretty which has obtained through
out The State: the people having money
10 invest and a confidence in the bust
ness outlook fer the future. Then, too,
The people are more and more appreciative
OF the splendid advantages afforded them
by the Old Line Life Insurance Com
s,af,es, which provide u safe Investment
for their savings and at the same time
make sure provision for their families
or estates II the event OF death. Many
Years age INC man VINO carried life .nsu-
1aisce was an exception. but ilow the
man who hoes not carry it IS the eXcep-
ton VIII, prosperity on every hand, and
The people OF cur state contented ald
happy. we are entering the first year of
She twentieth century with confident
feeling that our business Will be highly
satisfactory. The record 10 be made by
sfse insurance interests in 1901 VIII be
highly interesting. and. we predict, viii
be startling in its immensely.
MANY. IcIRES-OUTLOON BRIGHT.
!, Mr.. Robert Lecky, IT.. Secretary of
HE Virginia State Insurance Company.
sai5.
The business of fire insurance during
The past two years, generally throughout
ma country. has proven exceedingly un-
|fr1fltable,. owing to the large number
os fires incident 10 the rush in The bust
ness and manufacturing world. he time
land attention o. the proprictors OF these
institutions being diverted from The care