University of Virginia Library

UNIVERSITY INSURANCE

A question was raised concerning the manner of handling the insurance at the University,
and the President asked the Secretary to describe to the Board the system now in effect. The Secretary
stated that several years ago the local insurance agents organized into the Charlottesville
Insurance Exchange, and that all insurance for the University is turned over to a committee representing
the Exchange, which distributes the insurance among all the local agents in accordance
with the volume of business done by each in this community

The Secretary stated that an engineering survey of University buildings had been completed
recently and was now being reviewed by the University. The President was asked to examine
the survey and to report on the matter at the next meeting of the Board.