Rain Insurance Proposal Sparks Debate at N C Shows Association
At a Wingham meeting of the Central North Coast Agricultural Societies Association discussion focused on rain insurance. J H Cameron opened with a motion originated by Silas Brewer of Wingham, proposing a Rain Insurance Fund funded by annual society contributions and bank deposits to reimburse gate-money losses caused by wet weather, with provisions for partial self insurance if losses exceed the fund.
MENTIONED IN THIS ARTICLE
N.C
Wingham
J. H. Cameron
Silag Brewer
Butterworth
Taree
Wallamba Association
Cameron
Central North Coast Agricultural Societies Association
Government Savings Bank of
N.S.W
Rain Insurance Fund
Insurance debate on rain based show coverage in Gloucester
Discussion centers on a rain insurance concept for shows. Gloucester and Stroud compare rain events and payouts while Mr. Cameron and Mr. Suterg note irregular weather impact. The President favors self insurance over external firms, citing company gains.
Rain Insurance Fund plan discussed by scientific societies
The article details proposed rules for a Rain Insurance Fund managed by affiliated societies, outlining division of losses, the society’s status as insurers for remaining gaps, payments after annual meetings, and the formation of a sub committee to draft formal agreements. It notes Mr Richardson’s cautious support and a two month consideration period prior to decisions being reported to J H Cameron. It also reports on the New Zealand flight preparations for the Southern Cross nanoplane and expected test flights, with date for the Sydney Perth leg not yet set.
MENTIONED IN THIS ARTICLE
Rain Insurance Fund
Son
J. H. Cameron
White
Gloucester
Lamborn
Stroud
Messrs
J. B. Richardson
D. Welsh
A. J. White
New Zealand
Southern Cross
Kingsford-Smith
Ulm
Sydney
Perth
Tasman
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