PROPERTY OWNERS FIRE ASSOCIATION - Revision history

Randylyon at 18:41, 30 September 2016

2016-09-30T18:41:20Z

← Older revision		Revision as of 18:41, 30 September 2016
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	"To Reduce Rates," ''Dubuque Herald'', July 10, 1897, p. 8		"To Reduce Rates," ''Dubuque Herald'', July 10, 1897, p. 8

	[[Category: ~~Organizations~~]]		[[Category: Consumer Protection Agencies]]

Randylyon at 22:22, 17 November 2014

2014-11-17T22:22:59Z

← Older revision		Revision as of 22:22, 17 November 2014
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	PROPERTY OWNERS FIRE ASSOCIATION. In 1897 an association of "a very large majority of the leading businesses in our city'' was organized to work for "greater economy" in fire insurance. The local organization was part of a state-wide movement headquartered in Des Moines.		PROPERTY OWNERS FIRE ASSOCIATION. In 1897 an association of "a very large majority of the leading businesses in our city" was organized to work for "greater economy" in fire insurance. The local organization was part of a state-wide movement headquartered in Des Moines.

	In 1897 the national loss to fire was estimated at $130 million with a great deal caused by arson. Iowa's loss ratio to premiums paid was under 40% while the average in the United States was just less than 60%. Despite this, the Association found that Iowa's insurance rate was between twenty and twenty-five percent higher than the average rate in the United States. For this reason, the Iowa business community was asking the insurance companies for a reduction in rates.		In 1897 the national loss to fire was estimated at $130 million with a great deal caused by arson. Iowa's loss ratio to premiums paid was under 40% while the average in the United States was just less than 60%. Despite this, the Association found that Iowa's insurance rate was between twenty and twenty-five percent higher than the average rate in the United States. For this reason, the Iowa business community was asking the insurance companies for a reduction in rates.

Randylyon: Created page with "PROPERTY OWNERS FIRE ASSOCIATION. In 1897 an association of "a very large majority of the leading businesses in our city'' was organized to work for "greater economy" in fire ..."

2014-11-17T22:16:21Z

Created page with "PROPERTY OWNERS FIRE ASSOCIATION. In 1897 an association of "a very large majority of the leading businesses in our city'' was organized to work for "greater economy" in fire ..."

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PROPERTY OWNERS FIRE ASSOCIATION. In 1897 an association of "a very large majority of the leading businesses in our city'' was organized to work for "greater economy" in fire insurance. The local organization was part of a state-wide movement headquartered in Des Moines.

In 1897 the national loss to fire was estimated at $130 million with a great deal caused by arson. Iowa's loss ratio to premiums paid was under 40% while the average in the United States was just less than 60%. Despite this, the Association found that Iowa's insurance rate was between twenty and twenty-five percent higher than the average rate in the United States. For this reason, the Iowa business community was asking the insurance companies for a reduction in rates.

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Source:

"To Reduce Rates," ''Dubuque Herald'', July 10, 1897, p. 8

[[Category: Organizations]]