War Risk and Certain Marine and Liability Insurance: Hearing... on H.R. 6061... October 4, 11, 19491949 - 136 pages |
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Common terms and phrases
150 William Street 2½ percent amended American Marine Hull amount insured April 20 Article ASSURANCE bill cargo Chairman charter charterparty Chubb claims Collision Clause Commissioner MELLEN constructive total loss contract cost date of attachment deadweight tonnage degaussing Director of Wartime extent FIRE & MARINE FIRE INSURANCE COMPANY Government of Australia gross premiums less HANOVER FIRE HART hereinafter hereof Hull Insurance Syndicate insurance business Insurance Division insurance hereunder issued liability Marine Hull Insurance MARINE INSURANCE COMPANY Maritime Commission ment Newark OGDEN otherwise outstanding policies owner paid parties hereto payment persons policy or certificate President Attest prior profit pursuant reapportionment reference reinsurance repairs respect Revised Agreement Revised Wartimehull Insurance risk Shipping Administration subrogation SUN INSURANCE termination or cancellation total or constructive Underwriters agree underwriting agents United States Maritime unrepaired damage waived waiver War Shipping Administration war-risk insurance warranty Wartime Insurance Wartimehull Insurance Agreement WEICHEL York
Popular passages
Page 67 - ... directly or indirectly, himself, or by any other person in trust for him, or for his use or benefit, or on his account, undertake, execute, hold, or enjoy, in whole or in part...
Page 56 - In ascertaining whether the Vessel Is a Constructive Total Loss the insured value shall be taken as the repaired value, and nothing In respect of the damaged or breakup value of the Vessel or wreck shall be taken Into account.
Page 96 - The Vessel is covered subject to the provisions of this Policy at all times and has leave to sail or navigate with or without pilots, to go on trial trips and to assist and tow vessels or craft in distress, but it is warranted that the Vessel shall not be towed, except as is customary or to the first safe port or place when in need of assistance, or undertake towage or salvage services under a contract previously arranged...
Page 9 - Corporation, with the consent of any board, commission, independent establishment, or executive department of the Government, including any field service thereof, may avail itself of the use of information, services, facilities, officers, and employees thereof in carrying out the provisions of this Act.
Page 66 - Agent warrants that it has not employed any person to solicit or secure this Agreement upon any agreement for a commission., percentage, brokerage or contingent fee. Breach of this warranty shall give the United States the right to annul this Agreement or in its discretion to deduct from any amount payable hereunder the amount of such commission, percentage, brokerage or contingent fee.
Page 2 - ... whenever it appears to the Secretary that such insurance adequate for the needs of the waterborne commerce of the United States cannot be obtained on reasonable terms and conditions from companies authorized to do an insurance business in a State of the United States.
Page 8 - ... (b) Finality. — If such agreement is approved by the Secretary (within such time as may be stated in such agreement, or later agreed to) such agreement shall be final and conclusive, and, except upon a showing of fraud or malfeasance, or misrepresentation of a material fact...
Page 2 - Territories or possessions, and cargoes sold or purchased by citizens or residents of the United States, its Territories or possessions, under contracts of sale or purchase by the terms of which the risk of loss by war risks or the obligation to provide insurance against such risks is assumed by or falls upon a citizen or resident of the United States, its Territories or possessions...
Page 3 - Government; (8) may, with the consent of any board, corporation, commission, independent establishment, or executive department of the Government, including any field service thereof, avail itself of the use of information, services, facilities, officers, and employees thereof in carrying out the provisions of this section...
Page 9 - States district courts, and this remedy shall be exclusive of any other action by reason of the same subject matter against any agent or employee of the United States employed or retained under this title.