New Britain herald., 1927-11-04
Fire Assurance Costs Going Down
 New Britain Underwriters Learn from New England Representative
New Low Mark on School Buildings Predicted - Quigley Criticizes Na- tional Board for Tapping Bremen.

Fire Insurance premiums In New Britain are headed downward with the costs of protection on school buildings practically certain of reach ing a. new low within a month.
 r. B. Morley, district manager for the New England Fire Insurance Exchange, declared at meeting of the Underwriters association at the Burritt hotel this afternoon.
 The Dean analytical system under which the city has been operating for several years will bring about the reductions as soon as suggested provements are made. MT. Morley explained.
 At the end of his discussion of the methods employed in fixing municipal ratings and premiums the meeting was turned over for ques- tions by those present.
 MT. Morley was asked if the tn- stallation of sprinkler system in school buildings would effect a re- duction. He replied affirmatively. Asked If he feels it is advisable 10 put sprinAling apparatus in those buildings he assured his qucstioner he approves of this form of protec- ton in all buildings, the question being one for the aesurcd to con stder on the matter Of relative say ing by installing the system or pay ing the additional. premiums
 Quisley Launches Criticism.
 George A. Quiglcy. a former may or who is in the insurance business took occasion to criticize the Ma t!oral Board Of Fire Underwriters for their last report in which the personnel of the fire department is criticized
 Tt doesn't seem fair 10 me to criticize the city because Of a few improper appointments. lt seems the national board will take any excuse 10 get higher rate They have to find some excuse and in this instance l feel they picked q silly one" the former mayor de clarcd.
 MT, Morley admitted the possibil- fly that one or two men in the staff of Investigators might be arbitrary but it has not been his experience 10 find that the board is arbitrary, he said.
 Improvements Will Have Effect
 The speaker made it plain that the rates promulgated last month do not represent conditions as they now exist in New Britain since some time has elapsed since the survey. but he made if plain that any cred it's earned by reason of improve ments made will be promptly taken care of and rehatement made when he exchange is notified.
 The exchange is also ready, he de- rlared, 10 furnish copies of the sur vey made and of the recommenda- tions on which a lower premium can be had on any building. Plans for new buildings will also be examined and recommendation made as 10 how the lowest fire insurance rate may be had. this without cost, the agents were advised.
 Under the analytical system the class in which the city has been placed is used as the basis and In addition there are penalties impos- ,d for all existing hazards. these penalties being removed as rapidly IS the provcmcnt is made.
 Ratings on all New Britain build ngs brought up to date will be available within three weeks. Mir. Morley assured.
 William G. Dunn, president of the New Britain Board of Fire Under- { writer's. presided. A report on the ast state convention was submitted | y Harold Hatch.