Indemnity, 119, 125.

fire contract for, 15-26.
maximum, in credit insurance,

383.
Independent contract, fire insur-
ance an, 19, 20.

Index, Lloyd's, 281.
Individual abstractor, 354, 355.
Indivisible contract, 89, 90-92,

102.

Indorsements, 89. See Clauses.
Inflammable articles, 143.
Inherent defects in goods, 300.
Initial loss in credit insurance,
378, 379, 384.
Inseparability of the contract,
89, 90-92, 102.

Insolvency, causes of failure
through, 376, 377.

in credit insurance, 385, 386,

388.

losses through, 376.
of company, 54, 155.
Insolvent insurers, 125, 126.
Inspection at Lloyd's, 272.
bureaus, 222.

of risks, 6, 7, 102.

of vessels by Lloyd's, 280.
Inspections, 201, 221, 222.
Insurable interest, 26-36.
examples of, 29-36.

examples where none exists,
30.

in fire insurance, 14, 15, 26.
in marine insurance, 288,
289, 292.

mortgagor's and mortga-

gee's, 37-46, 215, 216.
time and continuity of, 27-

29.

value, in marine insurance,

298.

Insurance, broker, 55, 69, 72–75,
83.
commissioners, powers and du-

ties of, 48, 52, 245, 246.
companies, capital stock of,
48-52.

Company of North America,
266, 267.

Co. vs. Hartwell (123, Ind.
137), 73.

court law in, 23, 24.

Law Committee of American
Bar Association, report of,
250, 251.

Insurance of cargoes, 28, 277.
multiple, 14, 37, 118-120.
retroactive, 108.

simultaneous, 122.

Insured, 26-36.

examination of, 136, 138.

Interest of mortgagee, 215, 216.
policies, 291, 292.

rate, effect of insurance on, 11.
title or possession, 15, 29, 82,

143, 148, 149.

International Mercantile Marine
Company, 277.

Interpretation of contract, rules
underlying, 17-20.

Interstate insurance, 252-256.
Invasion, loss from, 99, 100.
Investments, 58.

of fire insurance companies,
246.

regulation of, 49-51.
Iron safe clause, 138.

Jettison, 299.

Judicial bonds, 333.

Key-rate in Universal Mercantile

Schedule, 194, 199.

Kinnie Rule, 130. See Contri-

tion.

Knowledge of agent. See Agency.

Lading, bills of, in marine in-
surance, 321, 322.

L'Anse vs. Fire Assoc. of Phila.
(119 Mich. 427), 88.

Law of average, 4, 5, 59.
Lawyers' Mortgage Co., in rela-
tion to guaranteed mort-
gages, 365, 366.

Title Insurance and Trust Co.

of New York, record of
losses, 360.

Legality of voyage, 321.
Legislation, concerning agency,
68, 69.

insurance, amount of, 248.
relative to marine insurance,
273.

retaliatory, 246.

state, 60, 61, 66, 68-70, 72, 94,
155, 156, 170, 171.

Lighterage, 297.
Lightning clause, 100.

loss from, 100.

London Guarantee and Accident
Company, 387, 388.

Loss by breakage, 99.
by explosion, 100.
by theft, 99, 100.

clauses, 180, 181.
department, 57.

from falling building, 100.
from invasion, 99, 100.
from lightning, 100.

from riot, 99, 100.

in time and business, 224, 233.
initial in credit insurance,
378, 379, 384.

of credits, 375.

on account of capture, seizure,
detention, etc., 318.
or damage by fire. See Direct
Loss.

Loss, magistrate's certificate of,

135, 137.

notice of, 134-136.

partial, 166, 303.

payment of, in title insurance,

364.

proof of, in credit insurance,
387, 388.

Losses, apportionment of, 23, 43–

46.

direct, 95. See also Direct
and Proximate Cause, 99,
100-102.

diffusion of, 9.

fire, 4, 183.

general average, distribution
of, 305.

insurance against, 306.
paid in title insurance, 360.
partial, 166.

proof of, 134–137.

record of, Lawyers' Title Insur-
ance and Trust Co. of New
York, 360.

through insolvency, 376.
types of, in marine insurance,

302, 303.

valued policy, 103.

"Lost or not lost," 28, 108.

in marine insurance, 296.
Louisiana Law, anti-coinsurance

(Chap. 187, 1908), 171.
Lynn Gas and Electric Co. vs.
Meriden Fire Ins. Co. (158
Mass. 570), 97.

Magistrate's certificate of loss,
135, 137.

Management, faults of, 198.
Mansfield, Lord, 263.

Manufacturing plant, time of op-
eration, 144.

insurable value in, 298.
legislation concerning, 273.
Lloyd's, 263-265.

moral hazard in, 269.
perils in, 298-300.
risks, nature of, 261.
Material values, 16.

Materiality of statements. See
Warranties.

Matthews vs. American Central
Ins. Co. (154, N. Y. 449),
19.

Maximum indemnity, in credit
insurance, 383.

McClure vs. Girard Fire and
Marine Insurance Co. (43
Iowa 349), 87.

Members, underwriting and non-
underwriting, at Lloyd's,

281.

Memorandum clause, 286.

application of, 311, 312.

Memorandum clause, in Ameri-

can policies, 311.

in Lloyd's policy, 310.

in marine insurance, 310–312.
Mentz vs. The Armenia Fire Ins.

Co. (79 Pa. 478), 140.
Mercantile properties, rating of,
190, 191.

ratings, in relation to credit

insurance, 380.

tariff and exposure formula,

191, 202-208.

Merchant marine, decline of, in
foreign trade, as affecting
American marine compa-
nies, 271, 272.

Method of underwriting, Lloyd's,
283-285.

Mill construction buildings, 241,

242.

Minnesota valued policy law
(1907, Chap. 446), 103.
Misrepresentation, 89, 90, 111,

288.

Monthly report, 56.

Moore, F. C., 7, 9, 23, 24, 173,

192, 224, 236, 237.

Moral hazard in fire insurance,
14, 21, 26, 59, 60, 92, 103,
113, 118, 147, 210, 214.
in marine insurance, 269.
Mortgage, chattel, 143, 148.
clause, 37-46, 216.

application of, 41-43.
contribution clause in, 43,
44.

development of, 39, 40.
instances where company is

not liable under, 42, 43.
joining of mortgagee's and
mortgagor's interests, 38,

39.

Schedule, 195, 196, 199.
Open policies, 290, 291.

as to date, 108, 109.
Opinion of agent, effect of, 79.
Option to rebuild, 103, 104.
Ordinance de la Marine, 263.
Organization of companies, 47-
65.

and purposes of Lloyd's, 278-
285.

Ostrander, Dempster, 42, 129-
131, 137.

Other insurance, 43, 118-120,
122, 143.

in marine insurance, 122, 308,

309.
clause, 118, 120.

Over-heating, 99.

Over-insurance, 14, 37, 118–120.
See Other Insurance.

Ownership, 15, 29, 82, 143, 148,
149.

evidences of, 101.

Pails, fire, 223, 224.
Partial loss, 166.

losses, in marine insurance,
303.

Particular average, 302, 306, 307.
Parties to contract, 26.
Partner's property, transfer of,

149.

Paul vs. Virginia (8 Wall 168),
244.

Payment of losses, 56, 57, 360,
364.

Payment of premium, 58, 64, 74.
Penalties for defects in risk,
190.

Perils assumed by marine pol-
icies, 259.

in marine insurance, 298-300.
of the sea, 299, 300.
Personal contract, fire insurance
policy a, 14, 26, 89, 214.
surety, drawbacks of, 325.
underwriting, 266, 268. See
Lloyd's.

Planning of the building, 235,
236.

Plimsoll, Samuel, 283.
Policies, compound, 127-131.
fee, in title insurance, 361.
specific, substitution of, 121.
time, 291.

title, 355, 356, 368.

vessel, 290, 291.

wager, 292.

Policy, antedating, 106, 108.