§ Mr. BOTTOMLEY (Hackney, S.)I beg to ask the President of the Board of Trade whether his attention has been called to the recent disclosures in connection with certain fire insurance offices; and whether he will consider the desirableness of introducing legislation compelling fire insurance companies to make a substantial deposit with the Board of Trade before commencing business, as is done in the case of life insurance companies.
§ MR. KEARLEYMy attention has been called to the facts in connection with the liquidation of two small fire insurance offices, but I do not think that there is any necessity to introduce legislation compelling fire insurance companies to make a deposit with the Board of Trade before commencing business.