Operation of the Urban Property Protection and Reinsurance Program: Hearings Before the Subcommittee on Housing of ... , 91-1 ... , March 20, 1969 ... April 21 and 22, 19691969 - 378 pages |
Common terms and phrases
actual cash value agent Allstate amount of insurance ance ANNUNZIO application approved basic property insurance BAYLOR broker building building(s cancellation Chairman charges Chicago Coinsurance commissioner construction copy damage department of insurance described direct loss director of insurance dwelling endorsement expense extended coverage insurance Federal filed fire and extended Fire Insurance Rating flood insurance GIBSON Governing Committee GRAUFF hereunder Illinois FAIR plan Illinois Inspection Illinois Property Insurance inspec Inspection and Rating inspection report inspector insurance companies insurance industry Insurance Placement Facility issued Lawndale LELAND STANFORD liability liable for loss manufacturing risks MCNULTY MOORHEAD mortgagee occupancy percent perils insured plan of operation premises Premiums Written problem property covered Property Insurance Placement property owner radioactive contamination Rating Bureau reasonable repair request RESKE riot risk Ross Section Servicing Insurer specific standard STANFORD statement subrogated surcharge thereof tion underwriting
Popular passages
Page 193 - I have compared the preceding with the original law on file in this office, and do hereby certify that the same is a correct transcript therefrom, and of the whole of said original law. ' Given under my hand and the seal of office of the Secretary of State, at the city of Albany, this third day of May, in the year one thousand eight hundred and ninety-five.
Page 192 - There shall be no liability on the part of, and no cause of action of any nature...
Page 141 - Policy and shall claim that, as to the mortgagor or owner, no liability therefor existed, this Company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt...
Page 141 - Invalidated by any act or neglect of the mortgagor or owner of the within described property, nor by any foreclosure or other proceedings or notice of sale relating to the property, nor by any change in the title or ownership of the property, nor by the occupation of the premises for purposes more hazardous than are permitted by this policy ; provided, that in case the mortgagor or owner shall neglect to pay any premium due under this policy, the mortgagee (or trustee) shall, on demand, pay the same.
Page 155 - ... this insurance, as to the interest of the mortgagee (or trustee) only therein, shall not be invalidated by any act or neglect of the mortgagor or owner...
Page 155 - ... shall, on demand, pay the premium for such increased hazard for the term of the use thereof, otherwise this policy shall be null and void.
Page 141 - ... the whole principal due or to grow due on the mortgage with interest, and shall thereupon receive a full assignment and transfer of the mortgage and of all such other securities; but no subrogation shall impair the right of the mortgagee [or trustee] to recover the full amount of claim.
Page 130 - ... by any government or sovereign power (de jure or de facto); or by any authority maintaining or using military, naval or air forces; or (b) by military, naval or air forces; or (c) by an agent of any such government...
Page 72 - MER shall end on January 1, April 1, July 1, and October 1 of each year.
Page 76 - College, who shall serve without compensation, but shall be reimbursed for actual expenses incurred in the performance of 'their official duties ; and...