The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-02-19

FIELD HERE
GROWING
FAST
Local Club Plans Drive for
Misunderstanding Set
for Tomorrow.
By GEORGE FRANKLIN.

By GEORGE FRANKLIN.
Representing the interests in
the District of Columbia of more
than 800 fire insurance companies
and fifty casualty companies, the
Insurance Club :. of Washington,
with membership of thirty-eight
insurance representatives, has en-
tered on membership drive
which will result, it is declared,
in adding to the club roster the
names of practically all of the
licensed and commissioned insur-
ance men in the city.
Organized Last November.
Organized in November, 1922, for
the purpose of advancing insurance.
interests in Washington through a
proper cooperation of fire and
casualty insurance writer's the club
promoters have met with marked
success in carrying out the pur.
poses embodied in the idea. Each
month the club holds a meeting
and luncheon when a representative
speaker discusses one of the vital
features of the insurance business.
The next meeting of the club is
scheduled for tomorrow at 2:3O
o'clock at the Arlington Hotel when
y. Van Ripper, secretary. Nor
witch Union Fire Insurance Society,
OF New York. will speak
Insurance premiums collected an.
nually in the District of Columbia,
exceed more than $4,000, 900, In round
figures" said Bertram G. Lennon,
Of Ward and Company, Inc. presi-
dent. Each month shows q steady
aeS<a a4S41a -
the fire and casualty insurance bust
ness Of the District has become one
Of its largest commercial factors.
eventually | believe Washington
viii be accepted as the insurance
center of the country. and while the
Insurance Club of Washington is
one of the youngest organizations
among insurance men it will be po-
tentia1 in effecting such result. y
The purposes of the club, as ex-
planned by Henry A. Latimer, OF
L. D. Latimer and Company, secre-
tary. Is to support good practices
among insurance men and eliminate
methods found to be prejudicial to
insurance and public interests.
Promotes Good Fellowship.
The club is young" said Henry
A Iatimer. three months old, but
Its membership is representative of
the best insurance interests in the
District and is being kept SO while
the drive for new members is under
way.
of course the club has it's social
side, it is intended to promote the
feeling OF good fellowship among its
members and secure their generous
cooperation. In this it has already
proved successful and is proving
more So each day.
Naturally il is impossible to
predict the number of members
which win be added during the cam
paign but / believe it safe to say
the results will show a gain of a
hundred or more
One OF the advantages of be-
longing to the club arises from the
opportunity gained TO listen to dis
cussionS of the big Insurance prob
lens by men qualified to speak
on them. AT each meeting there is
an address by some authority on
one of these subjects.
TT is an educational activity club
members appreciate judging from
the interest shown by them at the
meetings. Tomorrow night the ad-
dress will be on A Common Inter
est The speaker is secretary of
companies doing business in the
District. He comes from New York
to address the club
Field Is Developing.
With the expansion of Washington
through the opening UP of new
neighborhoods under building opera
tons, and the replacing of old build
ings by those of a modern type, the
insurance field is declared to be de.
Veloping more rapidly than any other
activity connected with the local
business world. Insurance men in
position to know insist that within
the next few years the premium paid
record of the city will double that of
the present time, a result that it is
believed will be unaccompanied by
any increase in insurance rates. The
added premiums, according te-tfe
same men. will accrue from addi-
tional business arising as the result
OF the rapid advances being made
along lines of Improvement.
1t is in anticipation of this in