University of Virginia Library

Warren & Cloud.

Insurance of every description is essential
to every one in these days of
rush and bustle as it is practically impossible
to tell when calamity may
come, and unless indemnified against
it leaves one stranded on the shoals of
life. In our city the name of Warren
& Cloud is rapidly becoming identified
as the most prominent in the insurance
and real estate line. Though
only newcomers in the business field,
they have won a wide popularity and
have built up a business of which any
company might well be proud. The
office is located at Jefferson and Fifth
streets. They handle all branches of
insurance, Fire, Life, Accident, Casualty,
Health, Burglar, Liability and Bonding.
Among the companies they represent
is the Massachusetts Mutual
Life Insurance Company, which is the
largest exclusive dividend company in
the world, and all policies participate
in the annual dividends. Thus the
policy holder receives the actual earnings
on his premiums each year, reducing
the size of his payments or adding
to the value of the policy by purchasing
additional insurance with these
dividends. Another excellent feature
of the Massachusetts Life policy is,
that where within five years from the
date of lapse a provision is made
for reinstatement. This progressive
agency also represent the Travelers
Life, Travelers Casualty Company and
the United States Casualty Company,
both concerns issuing health and accident
policies. In the fire line they are
representatives for the German, of
Freeport; Insurance Company North
America, Atlas of London; and the
Equitable of Charleston. They are
also agents for the American Surety
Company, a bonding concern, and the
New York Plate Glass Insurance Company.
All of these companies are recognized
leaders, and are among the
most reliable and stable in the country
representing combined assets of over
$125,000,000. The firm also does a
general real estate business, buying,
selling and renting property of every
description, and many of the large
transactions of the past few months
were conducted through them. The
members of the firm are Mr. J. W.
Warren and Mr. W. T. Cloud, and
both have had years of experience in
the business, though the firm was not
organized until September last. Mr.
J. W. Warren was born in Massachusetts.
He entered the insurance business
in 1894 and continued it for himself
until the formation of the present
firm. Mr. W. T. Cloud is a native of
Texas, (but is of a Virginia family)
and came here twenty-five years ago.
For a number of years he was ticket
agent for the Chesapeake and Ohio
railroad at this point. Four years ago
he resigned to enter real estate and his
success has been phenomenal.