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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 20, 1903

Page

9

Insurance and fire risk notes from early 1900s industry brief

The Tennessee Coal, Iron and Railroad Company plans to insure itself with bonds for its employer. Pridential Insurance seeks a license to operate in Flynail with A F MacFarland as insular agent. The Pennsylvania State Association of Local Fire Insurance Agents names officers for the year led by President R Leib. Chicago reports fire losses for five months near 8.0 million dollars, signaling an annualized 87.0 million loss and over 80 percent loss ratio. Discussions arise on pink slip advances and high pressure water systems in congested city districts, with possible direct assessments on property owners.

Tennessee Coal, Iron and Railroad Company Pridential Insurance Company A.F. MacFarland San Francisco Pennsylvania State Association of Local Fire FR. Leib W. .C. Helmbola C.M. Hathaway FE. Collngwood J. H. Hus- Serer Chicago Fire, Insurance Patrol Aunder

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