Waterbury evening Democrat., 1907-01-25
STATE BUSINESS MEN
Dlscussed Insaralce and Tele
 pheae Rales. ahd Postal Clerks.

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 At the annual meeting of the Con- necticut State Business Mems asso- clation in New Haven yesterday ofa- eers were chosen as follows: Presi- dent, E. l.. Graves of Bridgeport; vice-president. A. Howard Abbe of New Britain; second vice-president, Dexter l.. Bishop of Meriden: secre- tary, F. s. Valentine of Derby; treas- urer, F. w. Mills of South Manches- ter. O. A. Ziglatzki was chosen g member of the board of directors and q. F. Hughes was appointed to tbe legislative committee.
 During the afternoon session res- Olution was introduced by T. w. O'Connor of New Britain, asking that the association go on record as fa- yoring an increase in the pay Of pos- tai clerks and that the Connecticut senators aud representatives be asked to support the Wilson bill. The resolution was adopted
 The question of the telephone law was brought up again and an anil mated discussion ensued for and against the repeal of the law. which lasted throughout 8 great part of the session. The matter was finally dis posed of by the adoption of resolu- tion which referred all matters per- taining to the telephone service to the legislative committee.
 A. M. Cooper of bridgeport pre- sented . report fom the committee on insurance. In this the insurance com r.ittee reported that 1t had bills in process of composition whereby there will be created state insurance board of appeals, to whom any ag- grieved policyholder may apply for relief from burdensome rates and :. conditions. The committee has also bill prohibiting any fire insurance company that writes insurance amounting to more than 80 per cent of it's surplus to policyholders in the conhagration district of any city from doing business in this state. A bill was also presented requiring fire in- surance companies to hold its rein surance reserve as a trust fund for the benefit, of its policyholders.
 In an editorial Monday the Bridge port Post said:
 It Is reassuring to note that the To- cal agitation in reference to excess ,sive insurance rates has not abated despite the concessions gained by the committee of the State Business Mems association. It is true that the remarkable zeal and activity dis played by the committee has forced the New England exchange to sit up and take notice. and that in a num- Der of cases the advance in rates scheduled has been cut down consid- erably. It is also true that in other cases the advance still stands. the tendency of the exchange being to mollify those who are most urgent in calling attention to what is un- deniably an imposition on the public. But if We estimate the character of the State Business Mems committee correctly. it will not be content to rest quietly in satisfaction at what has already been accomplished, but will press on and push the reforms advocated to the very limit That the insurance interests also appre- bend renewed attack Is shown by the reports that sundry lobbyists are girding themselves for the fray at , Hartford. The people will watch out carefully, The general public is on- posed to the desire to advance rates on the part of the insurance com panies and 1t is believed that there should be legislation enacted in this state which shall protect the small property owner as we'll as the man of large interest. Anything that can be done in that line will have the support of everyone.