Salt Lake Herald-Republican | 1894-02-21 | Page 3 | Insurance Business

INSURANCE BUSINESS I Some Companies Threaten to Withdraw With-draw From the West The hard times and heavy fire losses I are having their effect upon the fire insurance companies and a number threaten to withdraw from western business while the indications are that quite a number will also withdraw from any business whatever At present pres-ent the Milwaukee Mechanics of St I Paul is allowing its western policies to run out and the Westchester of New York is withdrawing from Utah business busi-ness Both of these companies have written heavy business in this territory terri-tory this being especially the case with the latter which is considered to be one of the strongest American companies com-panies It is said that within a few weeks or months at the farthest the local agents of a number of other companies com-panies will receive intelligence that their companies do not desire to write western business