| Show WILL ADVANCE ADVA CE INSURANCE RATES Chicago May In IThe The Tribune today says Hay mutt ys File Insurance tales mates In Chicago on 1111 all ihl less desirable risks will trill be III rl 21 2 por cent or 00 0 more inure to lu com coin companies panics have suffered losses In III tho the San Francisco fire lire This IbIs action practically was wan decided upon 1011 yesterday at tut n a u meeting of 20 0 treat weM ern ormi managers In lii the looms of oC the tho West Western Vc t eon ern In III till the American n host and an savings bank building II II At the Iho ho semite same lime I there will trIll bo hot a 11 large Kuge reduction re In brokers commissions The raise In rates will not maiL be he a ui Hut advance H It will what are orl known as mimi the hue unprofitable and It will willbe be confined comm chlell he Ily to tu the t he congested dl 11 lie bounded by br Harrison street tim tho ha river tI a nil the lie t lake lillIe The rho stockyards will he be consider considered hl r rII ed oil II us is congested territory In III time the ad nil advance vance tahoe of oC rates mils and ln likewise the sections Fireproof 1 buildings alli 1111 he be from tIme the Increase It I t Is I hut I t the advance In I mt i rules will wilt be ho h made moult time the en cut entire entirE tire district continued by the lie Western Wc from Pennsylvania to 10 the th hIt mountain An Alt Insurance III speaking on Ott rules outside of Chicago paid that lint there should I be n mt tint lint advance of oC 60 l per 1111 cent In itt loa Iowa Nebraska Kansas lan Missouri Kentucky and Tennessee el It 11 wan teas noted nole that he lie what whal In Is known as n a nonunion company EIghty companion In lit Chicago amid this the West vest belong to 10 th the Western WP Fifty lifty companies COin 8 are In tho the Independent class I for the he pur poe l ot of hearing a mm report from froni a n corn com of ot live five Insurance managers who went to 10 New Nell York to attend n a general conference of or Insurance men This committee that thiera IheN was ouIs it ml general sentiment for tot Ing Insurance rules rum IU II tea on unprofitable bus hUll business iness and In lii congested districts for tor n g down ml 1 W mm the IIII I amount emit oum Ii t of communions sinus I paid to 10 brokers The ChI meeting wan wall secret III I I utter after It II ittia was wall tia over oter those Iho of tIme the insurance Jn men who were wel willing to 10 admit that It had beon laett hell held h ll said that nothing definite lund hen been done in jut the lie Ih matter of ot I rates rales although nil all agreed that them th r should be an tin advance on out unprofitable risks I III that the lie congestion hazard I should lIe be recognized In time the future |
