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Story
December 18, 1953
The Nome Nugget
Nome, Nome County, Alaska
What is this article about?
Anchorage officials protest a 20% surcharge on residential fire insurance rates in western Alaska as discriminatory, while the Pacific Fire Rating Bureau justifies it due to higher loss ratios. Hearings held in Juneau.
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Anchorage City Officials Protest 20 Per Cent Hike In Fire Insurance Rates
JUNEAU, (P)--City officials of Anchorage and the manager of the Pacific Fire Rating Bureau Thursday voiced conflicting opinions on the blanket 20 per cent surcharge recently added to residential fire insurance rates in western Alaska.
At public hearings in Territorial Insurance Commissioner Neil Moore's office, city attorney Ralph Moody and fire chief Geo. Burns said the surcharge for their city of Anchorage was "discriminatory and unfair."
R. C. Stevenson, manager of the PFRB, said the rate hike was imposed after a study of the heavier loss ratio in western Alaska.
The surcharge' has been added in all parts of the territory west of the 137th meridian, which excludes southeast Alaska.
JUNEAU, (P)--City officials of Anchorage and the manager of the Pacific Fire Rating Bureau Thursday voiced conflicting opinions on the blanket 20 per cent surcharge recently added to residential fire insurance rates in western Alaska.
At public hearings in Territorial Insurance Commissioner Neil Moore's office, city attorney Ralph Moody and fire chief Geo. Burns said the surcharge for their city of Anchorage was "discriminatory and unfair."
R. C. Stevenson, manager of the PFRB, said the rate hike was imposed after a study of the heavier loss ratio in western Alaska.
The surcharge' has been added in all parts of the territory west of the 137th meridian, which excludes southeast Alaska.
What sub-type of article is it?
Historical Event
What themes does it cover?
Justice
Misfortune
What keywords are associated?
Insurance Rate Hike
Anchorage Protest
Fire Insurance
Western Alaska
Public Hearings
What entities or persons were involved?
Ralph Moody
Geo. Burns
R. C. Stevenson
Neil Moore
Where did it happen?
Anchorage, Juneau, Western Alaska
Story Details
Key Persons
Ralph Moody
Geo. Burns
R. C. Stevenson
Neil Moore
Location
Anchorage, Juneau, Western Alaska
Event Date
Thursday
Story Details
City officials of Anchorage protest a 20% surcharge on fire insurance rates as discriminatory during hearings in Juneau, while the Pacific Fire Rating Bureau defends it based on higher loss ratios in western Alaska west of the 137th meridian.