HC Deb 13 June 1906 vol 158 c962
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. KEARLEY

My 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.