The newspapers point out that the new Japanese earthquake completely justifies the attitude of British compatiics in declining. to admit claims on policies ex cluding earthquake risk.
'They say that the recurrence of volcanic disturbances after $0 short a period shows that, were such claims met once, possibly an occasion would arise' for further similar demands within a very Short time and business on this rineiple would become. impossi-
The business of companies transacting fire insurance had up to th present been built on the solid rock of - experience. and scientific rating of risks and the companies, if they departed from these fundamental principles, would find themselves on shifting
Text read from the printed page and cleaned; old type leaves the occasional error.