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Policy, assignment of, 15, 39,
143, 214–219, 355, 356.
blanket, 168, 169.
cargo, 290.
concurrent, 43, 122, 124-126.
contract in fire insurance, 14–
25.
in marine
294.
delivery of, 105, 106.
floating, 291.
freight, 290.
general, 127–131.
interest, 291, 292.
Lloyd's, 263, 285, 292, 293,
310.
named, 29I.
non-concurrent, 126–133.
open, 108, 109, 290, 291.
provisions, 24.
in title insurance,
364.
renewing, 121.
substitution of, 121.
Possession, 15, 29, 82, 143, 148,
149.
Pottsville Mutual Fire Ins. Co.
vs. Minnequa Springs Im-
plement Co. (100 Pa. St.
137), 74.
Powers of agent, 75–77.
Premium, computation of, in cor-

insurance, 288–

362,

porate suretyship, 330–

332.
in title insurance, 356.
notes, 58.

payments, 58, 64, 74.
pro-rata portion of, 152–163,
246.
rates, 14.
unearned,
serve,

112–114. See Re-

Prevention of fire, 193, 195, 200,
201.
of loss, in credits, 386–388.
Prior insurance, 122. See Other
Insurance.
Profits of companies, 51.
Prohibited acts, in marine in-
surance, 314, 315.
Proof of loss, 134–137.
in credit insurance, 387, 388.
Property, description of, 86–94,
111, 151, 250.
location of, 86–89.
nature of, 86, 92. -
removal of, 95, 96, 99.
Pro-rata premium, 112–114.
Protection, fire, 193, 195, 200,
201.
Proximate cause, doctrine of, 16,
96–98.
Purposes and organization of
Lloyd's, 278, 285. \

Randolph, C. F., 253.
Rate, basis, 189, 190, 193, 194,
202-204.
making, in fire insurance, 183–
202.
fireproof buildings,
non-fireproof buildings, 195.
short, 112, 114.
Rates, fire, 63.
Rating, capital, 382.
credit, 382.
in Dean Schedule, 206.
of contents in buildings, 190,
198, 199, 206.
of mercantile properties, 190,
191.
of risks, 6, 7.
of stocks, 198, 199.
schedule, 57, 192–208,

Rating, slips, 194, 199.
Reading rule, 129. See Contri-
bution.
Rebuild, option to, 103, 104.
Receipt, renewal, 109–111.
Receiver, appointment of, 149.
Records, exhibition of, 134, 135,
138.
Reduced average clause. See
Coinsurance Clause.
Reformation of contract, 112.
Register, Lloyd's, of British and
Foreign Shipping, 279.
of American Shipping, 280.
of Captains, 281.
Regular policies, in credit insur-
ance, 382.
Regulation, state. See State Su-
pervision.
Reinsurance, 154, 209–213.
clauses, 211–213.

Reinsurance reserve. See Re-
serve.

Removal of property, 95, 96, 99,
191.

Renewal receipt, 109–111.
Renewing of policy, 20, 109–112,
121.
Rent clause, 151.
Rent, effect of insurance on, 5, 6.
Repair, right to, 104.
Repairing of buildings, 143.
Replacement, right of, 102–104.
Report, daily, 55–57.
monthly, 56.
1&eports by the company to the
state, 251, 252.
Representations, 93.
ranties.
Reserve, 152, 163, 246. -
Retailer, how benefited by insur-
ance, 10.

See War-

Retaliatory legislation, 246.
Retroactive insurance, 108.
Riders. See Clauses.
Right of replacement, 102–104.
to repair, 104.
Riley vs. Commonwealth Mutual
Fire Ins. Co. (110 Pa. St.
144), 75.
Riot, loss from, 99, 100.
Risk assumed in fire insurance,
15, 16, 95–104.
elimination of, 3, 4.
rating of, 6, 7.
selection of, 61.
standard, 189.
Risks, classification of, 189.
excluded, 99.
in corporate suretyship, 334,
335.
in marine
313.
inspection of, 6, 7, 102.
marine, nature of, 261.
transfer of, by members of
Lloyd's, 284, 285.
Royal Exchange Assurance Cor-
poration, 265.
Rules underlying interpretation
of contract, 17.

insurance, 312,

Salvage, in marine insurance,
302.
in credit insurance, 386.
Schedule rating, 192—208.
systems, 187–191, 192, 202.
“Searcher ” of titles, 358.
Seaworthiness of vessel, 320, 321.
Seizure, loss on account of, 318.
Selection of risks, 61.
Self-insurance, in marine insur-
ance, 277.
Semi-fireproof buildings, 241.

Sentimental values, 101.
“Series,” in marine insurance,
312.
Settlement and payment of
losses, 56, 57.
Short rate, 112, 114.
tables, 114, 117.
Signalling systems clause, 152.
Signatures of Underwriters at
Lloyd's, 287.
Simultaneous insurance, 122.
Single account limit, in credit
insurance, 381.
Slow-burning buildings, 241,
242.
Sole ownership, 143.
Special agents, 54, 56, 70, 76,
188. See Agency.
agreements. See Clauses.
Specialization in fire insurance,
necessity for, 7, 8.
Specific insurance, 168, 169.
policies, 127, 128, 168, 169.
Sprinklers, automatic, 63, 226–
235.
Stand pipes, 223.
Standard building, 193, 194.
in Dean Schedule, 206.
city, in Universal Mercantile
Schedule, 193.
fire policy, 18, 19, 249.
policy, development of, 20–22,
24.
grouping of provisions in,
24.
risk, 189.
State legislation, 60, 61, 66, 68,
69, 70, 72, 94, 155, 156,
170, 171.
regarding valued policy
laws, 249, 250.
retaliatory, 246.

State legislation, concerning mu-
tuals, 60, 61.
regulation of insurance, 55, 198.
supervision, the powers and
duties of insurance com-
missioners, 245–246.
and regulation, 243–256.
in practice, 246–258.
lack of uniformity in, 248,
249.
of agents, 245.
vs. Federal supervision, 252–
256.
Statement, employer’s sample
form of, in corporate
bonding, 337.
Stock companies, 53–58.
Stocks, rating of, in Dean Sched-
ule, 206.
in Universal Mercantile
Schedule, 198, 199.
Sub-agents. See Agency.
Subrogation, 38, 41, 97.
in case of general average
losses, 306.
in marine insurance, 313, 314.
Subscribers at Lloyd's, 281.
Subsequent insurance, 122. See
Other Insurance.
Substitution of policies, 121.
“Sue and Labor” clause, 309,
310.
Sun Insurance Office vs. Merz, 64
N. J. 303, 28.
Superintendent of Insurance,
244–246, 252.
Supplee, J. Frank, 330.
Surety, personal, drawbacks of,
325.
Suretyship, corporate, 323–352.
See Corporate Suretyship.
Surplus lines, 209, 210.

Tables of short rates, 114, 116,
117.
Tax, fire, 184, 185. See Rating,
Coinsurance.
Taxes and fees, 246, 247.
Tender of unearned premium,
113.
Term of contract in fire insur-
ance, 105–109.
in marine insurance, 295–
297.
of title policies, 355, 356.
Theft, loss by, 99, 100.
Three-quarters loss clause, 180,
181.
value clause, 180, 181.
Time policies, 291.
Title, abstracting of, 357–359.
certificate of, 357, 359.
chain of, 358.
examination of, 357–359.
insurance, 353–374.
advantages of, 354–357.
Title Insurance and Trust Com-
pany of Los Angeles, sys-
tem of abstracting of,
358.
application for, 361.
definition of, 353.
fee policies in, 361.
losses paid in, 360, 364.
mortgage policies in, 361,

365–367.
policy provisions in, 362,
364.
premium in, 356.
Title insurance, payment of

losses, 364.
types of policies of, 360.
policies, assignment of, 355,
356.
term of, 355, 356.

Title insurance, policy, sample
form of, 368.
possession or ownership, 15,
29, 82, 143, 148, 149.
searcher of, 358.
transfer of, in relation to as-
signment of policy, 215–
217.
“Total loss,” in marine insur-
ance, 302, 303.
Tract systems, 357, 358.
Transfer of partners’ property,
149.
of risks, by members of
Lloyd's, 284, 285.
of title, in relation to assign-
ment of policy, 215–217.
of undivided interest, 149.

Unconditional ownership, 143.
Undivided interest, transfer of,
149. -
“Underwriter,” 263.
Underwriters’ Associations, 250.
corporation of. See Lloyd’s.
individual, 20.
signatures of, at
287.
Underwriting, corporate, in ma-
rine insurance, 266, 268.
member, at Lloyd's, 281.
method of, Lloyd's, 283—285.
personal, 266, 268. See Lloyd's.
Unearned premium, 112–114.
See Reserve.
tender of, 113, 114.
Uniformity, lack of, in state su-
pervision, 248, 249.
Universal Mercantile Schedule,
172, 191–202.
occupancy table of, 195, 196,
199.

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Unoecupancy, 143, 146, 147.
Usage of trade, 143–147.

Vacancy, 83, 143, 146, 147.
clause, 147.
Valuation of the property, 14.
Value clauses. See Three-quar-
ters value clause.
fair cash, market, 16.
Valued policies, 290, 291.
policy laws, 103, 249,250.
Values, actual cash, 102.
constantly changing, 15.
material, 16.
sentimental, 16, 101.
Vessel, inspection, by Lloyd's,
280. -
policies, 290.
Voyage, 297.
deviation in, 321.

Voyage, legality of, 321.
policies, 291.

Wager policies, 292.
Waiver, 76–78, 134, 139, 164.
clause in marine insurance,
309, 310.
Warranties, 93.
in marine insurance, 318–322.
expressed, 320.
implied, 319.
Wars, Napoleonic, in relation to
marine insurance, 267,
268.
Water damage, 98, 99.
Wholesaler, how benefited by in-
surance, 10.
Window shutters, 242.
Wire glass, 242.

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