The Insurance Industry: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Eighty-fifth Congress, Second Session, Pursuant to S. Res. 231 ...U.S. Government Printing Office, 1960 - 5708 pages |
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Common terms and phrases
advisory organization all-industry bill all-industry law Allstate American Insurance Association approved Association BARRY basis BERGER BERRY BLACK Board of Fire bureau rates casualty Chairman charge CHUMBRIS CLOSE coinsurance commission competition counsel court deviation effect expense extended coverage fact Federal Trade Commission Fire Insurance Rating Fire Underwriters going HAMMEL hearing HERD independent filings insurance commissioner insurance companies insurance department insurance industry Insurance Rating Organization JOYNER KAPLAN loss ratio matter McCarran Act McCarran-Ferguson Act McHUGH meeting members and subscribers Middle Department national board NEVILLE North America companies North Carolina NYFIRO operation panies PARKER partial subscriber partial subscribership PECK percent policyholders premium problem profit property insurance question rate filings rate level ratemaking rating law recommendations record referred regulation reinsurance risks rules Senator CARROLL Senator HART Senator KEFAUVER SMITH statement statistics subcommittee tion underwriting loss WIKLER York Fire Insurance
Popular passages
Page 1899 - The bnslhcRs of Insurance, and every person engaged therein, shall be subject to the laws of the several States which relate to the regulation or taxation of such business.
Page 1899 - No Act of Congress shall be construed to Invalidate, Impair, or supersede any law enacted by any State for the purpose of regulating the business of Insurance...
Page 1899 - Congress hereby declares that the continued regulation and taxation by the several States of the business of Insurance Is In the public Interest...
Page 1929 - Secretary is authorized to provide for assistance to schools, libraries, and community centers abroad, founded or sponsored by citizens of the United States, and serving as demonstration centers for methods and practices employed in the United States.
Page 2143 - Risks may be grouped by classifications for the establishment of rates and minimum premiums. Classification rates may be modified to produce rates for individual risks in accordance with rating plans which establish standards for measuring variations in hazards or expense provisions, or both. Such standards may measure any differences among risks that can be demonstrated to have a probable effect upon losses or expenses; 4.
Page 1910 - People, of what Nation, Condition, or Quality soever, Barratry of the Master and Mariners, and of all other Perils, Losses, and Misfortunes, that have or shall come to the Hurt, Detriment, or Damage of the said Goods and Merchandises and Ship, &c., or any Part thereof...
Page 1927 - In the performance of, and with respect to, the functions, powers, and duties...
Page 1912 - Rule I. — Jettison of Deck Cargo No jettison of deck cargo shall be made good as general average. Every structure not built in with the frame of the vessel shall be considered to be a part of the deck of the vessel.
Page 1827 - The purpose of this act is to promote the public welfare by regulating insurance rates to the end that they shall not be excessive, inadequate or unfairly discriminatory...
Page 1920 - ... and the corporation itself is organized under the laws of the United States or of a State, Territory, District, or possession thereof...