Show FIRE FlUE INSURANCE RATES PATES DECLINE E The fire insurance industry has made a 9 1 i record in m I IThe American property with necessary tion prote tion 2 at t an extremely low cost Tae foe average a rate of or premium received od ad by the companies for each I of insurance nce written has hns declined to the lowest point in our hIstory credit Last year ear their underwriting balance was 5 84 iper per cent Ino Tn most mo t expensive thing we could have would be chel insurance m m in inthe inthe the sense of ra rates tes not giving the corn com compan pan es os a profit adequate tc to build up erves out of which to pay losses T The e of American industry IS virtually dip d nd nt on insurance Of squat public interest is the work of I the stO stock k lh file fife e m insurance m in combating comb fire hazards s fighting arson and the the- like Their laboratories test and determine the resistive fire e qu h qualities ties quill tIes of building mate mate- ils ls and the I fic c Ti-ote Ti tn ote tive e value of f all of devices and ind It IS ls site safe to tosa sa say th that t without th's work ork our tragic ord re rc ard rd of file fire waste would hn have e mount mounted eel ed to star staggering figures whIch Insurance is a basic bisic industry has quality and efficiency done an m- m invaluable in valuable work ork in m the development of our civilization It is only through public CO pera tIon in m fire pre prevention and arson prO pros that fire losses can be reduced w with resulting Sl to the public |