Salt Lake Herald | 1895-03-07 | Page 8 | Insurance Company Collapses

INSURANCE COMPANY COLLAPSES northwestern of Portlnnil Oregon in n Receivers EIainI Notices have been received herd to the effect that the Northwest Fire and Marine Mar-ine Insurance company of Portland Ore has gone into the hands of a receiver I Is understood that risks will at the option of policy holders In the company be rewritten with the Firemans Fund Insurance company This Is the first bust as the result of reduces warring in insurance rates The Northwest of Portland was always considered con-sidered a good company but evdn good companies cannot forever stand up and do business at the present ruinous rates It is all the samee railroads selling tickets from Chicago to St Louis for 1 only a question as to whIch will get a receiver first