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Merchants Denounce Insurance Rates as Excessive in City
The Merchants Association directors concluded rates in Honolulu are high but reasonable given local risks. Wakefield of Daview & Co presented figures showing four year premiums at 129,226 with outlays near 408,024 and profits 43.28 percent, arguing rate reductions would harm good companies and urging a measured review tied to building standards water supply and fire department adequacy.
MENTIONED IN THIS ARTICLE
Merchants’ Association
Eutines
James Wakes Held
Daview & Co
United
Hawtown
Melhenny
Ottawa
Trade
France
James Wakgeld
Thole Comatte
Unite
Honolulu
Board of Underwriters
Monolulu
Koodalope
Cts
Son Frineteen
Jedriba
Kentleman
Hakertag
Wakerfield
Foragh
Ratie
Uots
Francisco
Exint
Ind
Nuuany
Minerny
Lucas
Em Parie
Feduction Te Prembanin
Wakefield
Mebineny
Melherny
Joon
Catton
Vany
Melaarny
Paris